b'HORIZON CREDIT UNION\nVISA CREDIT CARD ACCOUNT AGREEMENT\nOPEN-END CREDIT AGREEMENT AND DISCLOSURE\nThis Agreement covers the Visa Credit Card Account issued by Horizon Credit Union ("Credit Union"). In this Agreement the words "you," "your," "yours,"\n"applicant," and "Borrowers" mean any person who signs the application for this Account, any joint obligor, guarantor, authorized user, or the person whose\nname is embossed on the Card. The words "we," "us," "our," and "Credit Union" mean Horizon Credit Union. The word "Card" means any one or more\ncredit cards issued under this Account. If you sign an application for this Account or sign or use any Card or PIN, or allow others to use the Card\nor PIN, you and they will have accepted this Agreement just as if you and they signed it, and you and they, jointly and severally, will be bound by\nthe following terms and conditions which will govern this Account.\n1. You Promise to Pay. You promise to pay us all amounts, plus any FINANCE CHARGES, which arise from use of the Card or Account by you or any\nother person, and to be jointly and severally liable with such a person, unless such other person does not have actual, implied, or apparent authority for\nsuch use, and you received no benefit from the use. You promise to pay us either by direct payment or by automatic transfers from shares or by payroll\ndeduction.\n2. Purchases and Cash Advances. You must sign the Card to use it. Once you have signed the Card, you can use it to buy or lease goods, services, or\ninsurance wherever the Card is honored, up to the full amount of your Credit Line. You may use your Account to get Cash Advances (which also includes\nOverdraft Protection Advances and Loan Advances) from us. You may also use your Card to get a cash advance from participating financial institutions\nand to access your line of credit at automatic teller machines (ATM\'s) within the VISA network or any other ATM\'s we designate. Cash advances at ATM\'s\nare limited to $1,000.00 per day subject to the availability of credit. You may not use your Card or Account in connection with any unlawful or illegal\ntransaction. We may refuse to honor any transaction that we believe may be illegal or unlawful.\n3. Loan Drafts. If we approve, you may obtain advances under your account by writing preprinted loan drafts that we supply to you. Your use of loan\ndrafts will be shown as credit advances on your monthly statement. We may not honor your loan draft if your draft is postdated, payment of the draft will\nexceed your credit limit, a draft is signed by a person without authorized access, the amount of the draft is less than the minimum required amount, your\naccount has been terminated or suspended, or any drafts have been reported lost or stolen. You may stop payment on a loan draft if you provide us with\nthe exact information describing the draft. If you give us incorrect information, we will not be responsible for failing to stop payment. You understand there\nmay be a charge for loan draft printing and charges for stop payment requests, returned items, draft copies, and other fees or costs we incur in handling\nyour loan drafts. Our liability for a wrongful dishonor is limited to your actual losses; however, a dishonor for the reasons stated above is not a wrongful\ndishonor.\n4. Overdraft Protection Advances. We will treat transactions that would overdraw your checking account as requests to transfer funds from your VISA\nAccount to cover the shortage. We will make such transfers in increments that we establish from time to time. If we have suspended or terminated your\nAccount, or if the amount of the transfer would exceed your credit limit, we may refuse the transfer and return the pending items.\n5. Credit Line. If we approve your application, this Agreement will constitute a revolving line of credit for an amount which will be the Credit Line under\nyour Account. We will advise you of the amount of your Credit Line. That amount will be the maximum amount you may have outstanding at any one time.\nYou agree not to attempt to obtain more credit than the amount of your Credit Line. However, if you temporarily exceed your Credit Line, you agree to\nrepay the excess immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line. We retain the right to increase\nor decrease your Credit Line at any time. Any increase or reduction in the amount of your Credit Line will be shown on your monthly statement or by\nseparate notice together with any changes in the applicable Minimum Monthly Payments. Your eligibility for this Credit Line is determined by our loan policy\nand may be terminated at our sole discretion, without demand or notice. You may close your Credit Line at any time by notifying us in writing and returning\nall Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this Agreement and your liability\nhereunder shall otherwise remain in full force and effect until you have paid us all sums due us under this Agreement and returned all Cards.\n6. Minimum Monthly Payment. You agree that you will pay each month not less than the Minimum Monthly Payment on or before the scheduled monthly\ndue date. Minimum Monthly Payments may include all amounts past due, any balance over the limit, late charges, cash advance fees, over limit charges,\nand, if applicable, other agreed upon and assessed fees and accrued interest, and the minimum regular payment. The minimum regular payment will be\nequal to 2% of the outstanding balance, or $20.00, whichever is greater (for Platinum and Extra Awards Platinum Cards) or 3% of the outstanding balance\nor $15.00, whichever is greater (for Classic Accounts). Every month you must pay the Minimum Payment on or before the due date shown on your\nstatement. You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments. We can accept late\npayments or partial payments, or checks, drafts, and money orders marked "payment in full," without prejudice to our rights under this Agreement, which\nare hereby explicitly reserved. Payments will be applied first to previously billed and unpaid FINANCE CHARGES, previously billed and unpaid purchases\nand cash advances, and the remainder, if any, to any new purchases or other fees or charges. The minimum payment may be allocated at the Credit\nUnion\'s discretion to pay off lower rate balances, such as promotional offers, before higher rate balances, such as cash advances or purchases. Payments\nin excess of the minimum payment will be allocated first to higher rate balances, as applicable.\n7. Periodic Statements. Each month, if your outstanding balance exceeds $1.00, we will send you a statement showing new purchases, cash advances,\npayments, and credits made to your Account during the billing cycle, your Previous Balance, your "New Balance," any FINANCE CHARGE, and any other\ncharges. Your statement also will identify the remaining credit limit available and the Minimum Monthly Payment you must make for that billing period and\nthe date it is due. You agree to retain for statement verification copies of transaction slips resulting from each purchase, each advance, and other\ntransaction on your Account. Unless you notify us of a billing error as described below, you accept your monthly statement as an accurate statement of\nyour Account with us.\n8. Circumstances Under Which a Finance Charge Will Be Imposed. The total outstanding balance of purchases and cash advances in the Account on\nthe closing date of a billing cycle, including any FINANCE CHARGE will be shown on the Periodic Statement for that billing cycle as the "New Balance."\na. Cash Advances. A FINANCE CHARGE will be imposed on cash advances from the date each cash advance is made. There is no time period\nwithin which to pay to avoid a periodic FINANCE CHARGE on cash advances. In addition to the FINANCE CHARGE based on the periodic rate, a Cash\nAdvance Fee (Also referred to as a Loan Advance Fee) (FINANCE CHARGE), equal to 3% of the amount of the advance, will be imposed on all Cash\nAdvances. The minimum cash advance fee (FINANCE CHARGE) is $3.00.\nb. Purchases . If you had a zero or credit balance at the beginning of a billing cycle or you paid the entire New Balance on the previous cycle\'s\nbilling statement by the due date shown on that statement, you will not pay any FINANCE CHARGE on the portion of purchases included in the New\nBalance that is paid by the due date shown on your statement.This "grace period" allows you to avoid a finance charge on purchases for a billing cycle.\nHowever, if you do not pay the New Balance for purchases within the grace period, your finance charge will accrue on any unpaid purchase transactions\nbeginning on the first date of the billing cycle in which the payment is due.\n9. Method Used to Determine the Balance on Which the Finance Charge May Be Computed and Amount of Finance Charge. The Credit Union\nfigures the FINANCE CHARGE on your Account by applying the Periodic Rate to the "Average Daily Balance" of purchases and cash advances for your\nAccount (including current transactions) and multiplying the result by the number of days in the billing cycle. To get the "Average Daily Balance" we take\nthe beginning balance of your Account each day, add any new purchases, cash advances, cash advance fees, and subtract any payments or credits. This\ngives us the daily balance. Since cash advance fees are considered FINANCE CHARGES, you may pay compounded interest on your account. Then, we\nadd up all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle. This gives us the "Average Daily Balance."\n\n10. Periodic Rate and Corresponding Annual Percentage Rate. The ANNUAL PERCENTAGE RATE may vary, and is determined by adding a margin to\nthe index, which is the highest Prime Rate as published in the Wall Street Journal. Your ANNUAL PERCENTAGE RATE will be adjusted on the first day of\neach billing cycle based on the index rate as of the first day of the calendar month in which the billing cycle begins. The margin for your account will be\ndisclosed to you on a separate document that is part of this Agreement. The ANNUAL PERCENTAGE RATE is divided by 365 to produce the periodic rate.\nYour ANNUAL PERCENTAGE RATE will not rise above 18%. If we do not receive any minimum monthly payment within 60 days after its due date, we\nmay increase your ANNUAL PERCENTAGE RATE TO 18.00%.\nApplication #\n\nPage 1 of 5\n\nLN20-022\n\n\x0c11. Conditions under Which Other Charges May Be Imposed. We may impose fees and charges on your Account as set forth below. The Credit\nUnion reserves the right to assess other fees in the future, including a late payment fee. You will be notified of any new fees as required by law.\na. Annual Fee. There is no annual fee for VISA Platinum, VISA Extra Awards Platinum or Classic Accounts.\nb. Late Fee. You agree to pay a late fee of 5% of the minimum monthly payment amount for each payment not paid within 10 days of the due date,\nwith a minimum of $15.00.\nc. Returned Check Charge. A $15.00 charge will be assessed against your Account when a check submitted for payment on the Account is\nreturned, regardless of the reason.\nd. Research and Copying Fees. We may charge you $4.00 for each copy and $15.00 per hour of research required if you request copies of any\nitems or documents related to your Account. The charge for statement copies is $10.00 each. If the request relates to a billing error and we determine that\na billing error was made, any photocopying charges will be refunded.\ne. Card Replacement Fee. A $6.00 charge will be assessed against your Account for each replacement card you request.\nf. Balance Transfer for Lost/Stolen Card. If we close your Account and transfer the balance to a new Account due to a lost or stolen Card or\nnumber, we will charge your Account $10.00.\ng. Attorney\'s Fees and Costs. If you default on any part of this Agreement, you agree to pay us all costs to collect your Account, including court\ncosts and reasonable attorney fees whether or not there is a lawsuit, and fees on any appeal and fees for bankruptcy proceedings, appeals, and any post\njudgment collection services, if applicable. These fees and costs may be added to your Account balance and will bear interest at the ANNUAL\nPERCENTAGE RATE in effect at that time. Costs, in this section, also includes collection costs added to your account to make US whole.\n\n12. Conditions of Use. The use of your Card and Account are subject to the following conditions:\na. Ownership of Cards. Any Card or other credit instrument or device which we supply to you is our property and must be returned to us, or to any\nperson whom we authorize to act as our agent, or to any person who is authorized to honor the Card, immediately according to instructions. The Card may\nbe repossessed at any time in our sole discretion without demand or notice. You cannot transfer your Card or Account to another person.\nb. Honoring the Card. Neither we nor merchants authorized to honor the Card will be responsible for the failure or refusal to honor the Card or any\nother credit instrument or device we supply to you. If a merchant agrees to give you a refund or adjustment, you agree to accept a credit to your Account in\nlieu of a cash refund.\nc. Foreign Transactions. Purchases and cash advances made in foreign currencies will be charged to your account in U.S. dollars. The exchange\nrate between is a rate selected by Visa for a range of rates available in wholesale currency markets for the applicable central processing date, which may\nvary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on the\nprocessing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.\nA fee of 1% of the amount of the transaction, calculated in U.S. dollars, will be imposed on all foreign transactions, regardless of what currency is used to\ninitiate the transaction.\nd. Notices and Payments. All notices will be sent to your address as shown in the application. You agree to advise us promptly if you change your\nmailing address. All payments should be mailed to us at the remittance address shown on your monthly statements. Payments received at that address\nby 5:00 PM will be credited to your Account as of the date received. Written notices and inquiries to us must be sent to:\n\nHorizon Credit Union\nP.O. Box 15128\nSpokane, WA 99215\nPhone :(509) 928-6494/(800) 852-5316\ne. Personal Identification Number. If we issue you a Personal Identification Number ("PIN") for use with your Card in accessing your line of credit\nat automatic teller machines ("ATM\'s"), these numbers are issued to you for your security purposes. These numbers are confidential and should not be\ndisclosed to third parties. You are responsible for safekeeping your PIN. You agree not to disclose or otherwise make available your PIN to anyone not\nauthorized to sign on your Accounts. To keep your Account secure, please do not write your PIN on your Card or keep it in the same place as your Card.\n\n13. Default. You will be in default under this Agreement if any of the following occur: (a) any Minimum Monthly Payment is not made when due; (b) you\nbecome insolvent, bankrupt, or you die; (c) you violate any part of this Agreement, or any other agreement with us; or (d) if we reasonably deem ourselves\ninsecure with respect to your Account. Upon default, we may declare the entire unpaid balance immediately due and payable, and you agree to pay that\namount plus any attorney\'s fees and costs incurred by us. We can delay enforcing any right under this Agreement without losing that right or any other\nright. We will notify you in writing of any such action as soon as practical if it occurs.\n\n14. Governing Law. This Agreement will not take effect until it is approved by us. This Agreement shall be governed by the laws of the State of\nWashington.\n\n15. Severability. If any provision of this Agreement is held invalid, the remaining provisions that are severable shall remain in effect.\n16. Loss or Theft of Card. You agree to notify us immediately at Horizon Credit Union, P.O. Box 15128, Spokane, WA 99215, telephone (509) 928-6494\nor toll free (800) 852-5316, of the loss, theft or unauthorized use of your Card. You will not be liable for any losses provided you were not grossly negligent\nor fraudulent in handling your Card. In any event, your liability for unauthorized VISA credit card transactions shall not exceed $50.00\n17. Credit Information/Financial Statements. You authorize us to release information to others (e.g., credit bureaus, merchants, and other financial\ninstitutions) regarding the status and history of your Credit Line. You agree to provide us, at any time we deem necessary, with a current financial\nstatement and/or a new credit application upon request. We may investigate your credit directly or through a credit reporting agency.\n\n18. Acknowledgment and Amendments. You understand and agree to the terms and conditions in this Agreement and the Fair Credit Billing Notice. You\nacknowledge that you have received a copy of this Agreement and Disclosure and the Fair Credit Billing Notice. We have the right to change any terms or\nconditions of this Agreement at any time, subject to applicable laws. If we change the periodic rate, and subsequent purchases or advances are made\nunder this Agreement, the entire balance will be subject to the new rate.\n19. Billing Errors Notice, Your Billing Rights.\nKeep This Notice for Future Use. This notice contains important information about your rights and our\nresponsibilities under the Fair Credit Billing Act. Notify Us in Case of Errors or Questions About Your Bill. If you think your bill is wrong, or if you need\nmore information about a transaction on your bill, write to us at the address listed above. Write to us as soon as possible. We must hear from you no later\nthan 60 days after we sent you the first bill on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In\nyour letter, give us the following information:\n\nApplication #\n\nPage 2 of 5\n\nLN20-022\n\n\x0c1) Your name and Account number.\n2) The dollar amount of the suspected error.\n3) Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe the item you are not\nsure about.\nIf you have authorized us to pay your Account bill automatically from your share or share draft, you can stop the payment on any amount you\nthink is wrong. To stop the payment your letter must reach us three business days before the automatic payment is scheduled to occur.\nYour Rights and Our Responsibilities After We Receive Your Written Notice. We must acknowledge your letter within 30 days, unless we have\ncorrected the error by then. Within 90 days, we must either correct the error or explain why we believe the bill was correct.\nAfter we receive your letter, we cannot try to collect any amount you question, or report you as delinquent. We can continue to bill you for the amount you\nquestion, including FINANCE CHARGES, and we can apply any unpaid amount against your credit limit. You do not have to pay any questioned amount\nwhile we are investigating, but you are still obligated to pay the parts of your bill that are not in question.\n\nIf we find that we made a mistake on your bill, you will not have to pay any FINANCE CHARGE related to any questioned amount. If we didn\'t make a\nmistake, you may have to pay FINANCE CHARGES, and you will have to make up any missed payments on the questioned amount. In either case, we\nwill send you a statement of the amount you owe and the date that it is due.\nIf you fail to pay the amount that we think you owe, we may report you as delinquent. However, if our explanation does not satisfy you and you write to us\nwithin ten days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your bill. And, we must tell you\nthe name of anyone to whom we reported you. We must tell anyone we report you to that the matter has been settled between us when it finally is.\n\nIf we don\'t follow these rules, we can\'t collect the first $50.00 of the questioned amount, even if your bill was correct.\nSpecial Rule for Credit Card Purchases. If you have a problem with the quality of property or services that you purchased with a credit card, and you have\ntried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the property or services.\nThere are two limitations on this right:\n\n1) You must have made the purchase in your home state or, if not within your home state within 100 miles of your current mailing address; and\n2) The purchase price must have been more than $50.00.\nThese limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the property or services.\n\n20. Security Interest. To secure your Account, you grant us a purchase money security interest under the Uniform Commercial Code in any goods you\npurchase through your Account. If you default, we will have the right to recover any of these goods which have not been paid for through application of\nyour payments in the manner described in Section 5. In addition, you grant and pledge to the Credit Union a security interest in all of your shares and\ndeposits in your Credit Union accounts. If you are in default, the Credit Union may apply any of these funds toward the balance of your Account without\nfurther notice. Collateral securing other loans with the Credit Union (except loans secured by real property) also secures this Account.\n\nApplicant\'s Signature\n\nDate\n\nCo-Applicant\'s Signature\n\nDate\n\nAuthorized User (Print Name)\n\nDate\n\nAuthorized User\'s Signature\n\nDate\n\nSECURITY AGREEMENT AND PLEDGE. By\nsigning this application, acceptance or\nauthorized use of any credit card(s) issued, I/we\npledge our shares as defined by our\nMembership Agreement to secure payment of\nmy/our obligations on this account.\nAdditional\nSecurity: I/we understand that collateral\nsecuring other loans will secure this account;\nand that property purchased with my/our credit\ncard(s) will also secure this account.\n\n21. Electronic Documents. You agree that any copy of this Agreement, or any document referenced in this Agreement, stored by use of computer\nhardware or software, and the original destroyed, shall be the equivalent to the original Agreement or document which bears your cursive signature or\ninitials. You agree not to object to the introduction of such copy in any court of law, as evidence, based on the contention that the Credit Union has not\nproduced the original Agreement or document or that the produced Agreement or document was computer generated. Further, if you have agreed to these\nterms and conditions, or other referenced documents, not with a cursive signature acknowledgement but with an electronic signature, you agree that the\nCredit Union may use such electronic signature as evidence in any court of law of your consent to this Agreement, or referenced documents, and its and\ntheir terms, respectively. The term "copy" shall include but not be limited to facsimile, carbon copy or portable document format.\n\nAcknowledgment\nBy signing below, you indicate that you understand and agree to the terms of this Agreement and Disclosure. You acknowledge receipt of a copy of this\nDisclosure.\nThe ANNUAL PERCENTAGE RATE applicable to your Account is\n\n%, with a corresponding periodic rate of\n\nBorrower\n\nDate\n\nCo-Borrower\n\nDate\n\nApplication #\n\nPage 3 of 5\n\n%.\n\nLN20-022\n\n\x0cVISA CLASSIC CARD\n\n14.50% - 18.00%\n\nAnnual Percentage Rate (APR) for purchases,\nwhen you open your account.\nCash Advances, and Balance Transfers\nAfter that, your APR will vary with the market based on the Prime Rate.\nPenalty APR and When it Applies\n\n18.00%This APR may be applied to your account if we do not receive any minimum payment within\n60 days after the due date.\n\nHow to Avoid Paying Interest on Purchases\n\nYour due date is approximately 25 days after the close of each billing cycle. We will not charge any\ninterest on the portion of the purchases balance that you pay by the due date each month.\n\nFor Credit Card Tips from the Federal\nReserve Board\n\nTo learn more about factors to consider when applying for or using a credit card, visit the website of\nthe Federal Reserve Board at http://www.federalreserve.gov/creditcard.\n\nAnnual Fee\n\nNone.\n\nTransaction Fees\n* Cash Advance\n* Foreign Transaction\n\n3.00% of advance amount (minimum $3.00)\n1.00% of the US dollar amount of the foreign transaction\n\nPenalty Fees *\n*\n*\n*\n\n5.00% of payment, minimum $15\n$6.00\n$15.00\n$10.00\n\nLate Payment\nCard Replacement\nReturned Payment\nLost or Stolen\n\nHow We Will Calculate Your Balance: We use a method called "average daily balance". See Section 9 in Agreement above for explanation of\ncomputation method. We reserve the right to amend the VISA Credit Card Agreement as permitted by law. The above rates and fees are current as of\nSeptember 1, 2011.\n\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.\n\nVISA EXTRA AWARDS PLATINUM CARD\nAnnual Percentage Rate (APR) for purchases,\n12.40%\n- 16.40% when you open your account.\nCash Advances, and Balance Transfers\nAfter that, your APR will vary with the market based on the Prime Rate.\nPenalty APR and When it Applies\n\n18.00% This APR may be applied to your account if we do not receive any minimum payment within\n60 days after its due date.\n\nFor Credit Card Tips from the Federal\nReserve Board\n\nYour due date is approximately 25 days after the close of each billing cycle. We will not charge any\ninterest on the portion of the purchases balance that you pay by the due date each month.\nTo learn more about factors to consider when applying for or using a credit card, visit the website of\nthe Federal Reserve Board at http://www.federalreserve.gov/creditcard.\n\nAnnual Fee\n\nNone.\n\nTransaction Fees\n* Cash Advance\n* Foreign Transaction\n\n3.00% of advance amount (minimum $3.00)\n1.00% of the US dollar amount of the foreign transaction\n\nPenalty Fees *\n*\n*\n*\n\n5.00% of payment, minimum $15\n$6.00\n$15.00\n$10.00\n\nHow to Avoid Paying Interest on Purchases\n\nLate Payment\nCard Replacement\nReturned Payment\nLost or Stolen\n\nHow We Will Calculate Your Balance: We use a method called "average daily balance". See Section 9 in Agreement above for explanation of\ncomputation method. We reserve the right to amend the VISA Credit Card Agreement as permitted by law. The above rates and fees are current as of\nSeptember 1, 2011.\n\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.\n\nPage 4 of 5\n\nApplication #\n\nLN20-022\n\n\x0cVISA PLATINUM CARD\nAnnual Percentage Rate (APR) for purchases,\nCash Advances, and Balance Transfers\n\n9.40%\n- 13.40% when you open your account.\nAfter that, your APR will vary with the market based on the Prime Rate.\n\nPenalty APR and When it Applies\n\n18.00% This APR may be applied to your account if we do not receive any minimum payment within\n60 days after its due date.\n\nHow to Avoid Paying Interest on Purchases\n\nYour due date is approximately 25 days after the close of each billing cycle. We will not charge any\ninterest on the portion of the purchases balance that you pay by the due date each month.\n\nFor Credit Card Tips from the Federal\nReserve Board\n\nTo learn more about factors to consider when applying for or using a credit card, visit the website of\nthe Federal Reserve Board at http://www.federalreserve.gov/creditcard.\n\nAnnual Fee\n\nNone.\n\nTransaction Fees\n* Cash Advance\n* Foreign Transaction\n\n3.00% of advance amount (minimum $3.00)\n1.00% of the US dollar amount of the foreign transaction\n\nPenalty Fees *\n*\n*\n*\n\n5.00% of payment, minimum $15\n$6.00\n$15.00\n$10.00\n\nLate Payment\nCard Replacement\nReturned Payment\nLost or Stolen\n\nHow We Will Calculate Your Balance: We use a method called "average daily balance". See section 9 in Agreement above for explanation of\ncomputation method. We reserve the right to amend the VISA Credit Card Agreement as permitted by law. The above rates and fees are current as of\nSeptember 1, 2011.\n\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.\n\nPage 5 of 5\n\nApplication #\n\nLN20-022\n\n\x0c'


b'CREDIT CARD AGREEMENT AND DISCLOSURE STATEMENT\n\xc2\xae\n\nFOR YOUR TDECU MASTERCARD\nFAMILY ACCOUNT\n\nNotice: Read and retain this copy of your Credit Card Agreement and Disclosure Statement for future reference.\nTERMS USED IN THIS AGREEMENT: This Agreement and Disclosure Statement (\xe2\x80\x9cAgreement\xe2\x80\x9d) covers your\n\xc2\xae\nMasterCard Family Account (\xe2\x80\x9cAccount\xe2\x80\x99). In this Agreement \xe2\x80\x9cYou\xe2\x80\x9d and \xe2\x80\x9cYour\xe2\x80\x9d mean any person who signs Family\nAccount Application or uses the Card. \xe2\x80\x9cKey Account Holder\xe2\x80\x9d means the Account Applicant as set forth in the Application.\n\xe2\x80\x9cWe,\xe2\x80\x9d \xe2\x80\x9cour,\xe2\x80\x9d and \xe2\x80\x9cus\xe2\x80\x99 means Texas Dow Employees Credit Union, the issuer of your MasterCard. The \xe2\x80\x9cCard\xe2\x80\x9d means any\ncredit card issued to you or those designated by you under the terms of this Agreement. \xe2\x80\x9cUse of the Card\xe2\x80\x9d means any\nprocedure used by you, or someone authorized by you, to make a purchase or an advance whether or not the purchase or\nadvance is evidenced by a signed written document. \xe2\x80\x9cUnauthorized use of the Card\xe2\x80\x9d means the use of the Card by someone\nother than you who does not have actual, implied, or apparent authority for such use, and from which you receive no\nbenefit. In this Agreement, any plural terms shall be deemed singular and any singular terms shall be deemed plural when\ncontext and construction so require.\nMASTERCARD FAMILY ACCOUNT: This Agreement covers your MasterCard Family Account and supersedes any\nprevious Agreement and Disclosure Statement that may have been previously provided to you in connection with your\nAccount. This Account is either the primary MasterCard Family Account (the \xe2\x80\x9cKey Account\xe2\x80\x9d) or an additional MasterCard\nFamily account on which the Key Account Holder is an obligor (a \xe2\x80\x9cDependent Account\xe2\x80\x9d). All of the Key Account\nHolder\xe2\x80\x99s MasterCard Family accounts are linked by us which allows the Key Account Holder to receive statement\ninformation for all accounts, monitor account activity, and set Dependent Account credit limits within limits established by\nus. Each statement period, we will send the Key Account Holder a group periodic statement covering the activity for this\nAccount and all other linked accounts. If this Account is designated as a \xe2\x80\x9cParent Pay\xe2\x80\x9d Account, then the Key Account\nHolder will receive the official periodic statement for the Key Account and each Dependent Account, which includes all\nactivity for each Dependent Account, and will be responsible for remitting payments. The Key Account Holder may\ndesignate that a separate courtesy Account statement be sent to certain other Parent Pay Dependent Account cardholders. If\nthis Account is designated as a \xe2\x80\x9cDependent Pay\xe2\x80\x9d Account, then we will send the official periodic statement to the Joint\nApplicant (or, if there is more than one Joint Applicant, to the Joint Applicant designated by the Key Account Holder) and\nthe designated Joint Applicant will be responsible for remitting payments. In such event, the Key Account Holder\xe2\x80\x99s\nperiodic statement will only include Account balance, status, and payment information for the Dependent Pay Account.\nRegardless of whether the Key Account Holder designates this Account as a Parent Pay or a Dependent Pay Account, you\nagree that the cardholder to whom we send the official periodic statement for this Account is the person responsible for\nremitting this Account\xe2\x80\x99s required payment to us by the \xe2\x80\x9cPayment Due Date\xe2\x80\x9d shown on the official periodic statement.\nEach Joint Applicant, however, is liable to us for all charges made to the Account. If this is a Joint Account, please refer to\nthe Joint Applicant Liability section below.\nCONSENSUAL SECURITY INTEREST: You agree to give the Credit Union a security interest in any and all funds\non deposit in accounts in which you have an ownership interest, both now and in the future, with the exception of\nretirement accounts or any other accounts that would lose special tax treatment under state or federal law if given as\nsecurity. The granting of this security interest is a condition for the issuance of any Card that you may use, directly and\nindirectly, to obtain extensions of credit under this Agreement. This means that, if you are in default, the Credit Union\ncan, without prior notice to you, take funds from any eligible account(s) in which you have an ownership interest and\napply them as a credit against your credit card Account in any amount available up to the entire balance. Collateral\nsecuring other loans you have with the Credit Union may also secure this loan.\nEXTENSION OF CREDIT: The Credit Union has established a MasterCard Account in your name and one or more\nCards will be issued to you or to those designated by you. By use of the Card or the Account you authorize the Credit\nUnion to pay for your Account all items reflecting credit purchases and cash advances (including balance transfers).\n\n1\n\n\x0cJOINT APPLICANT LIABILITY: If more than one person signs the application, then notwithstanding any provision of\nthis Agreement designating responsibility to one cardholder for remitting payments each of you shall be jointly and\nindividually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of\nyou designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your\nAccount shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any cardholder may close\nthe Account at any time by notifying us in writing. However, removal from the Account does not release you from any\nliability already incurred.\nCARD SIGNATURE PANEL: Upon receipt of your new or reissued Card, you must sign the signature panel on the back\nof the Card. If the signature panel is not signed, merchants are not required to accept your Card.\nOTHERS USING YOUR ACCOUNT: If you allow anyone else to use your Account, you will be liable for all credit\nextended to such persons. You promise to pay for all purchases, balance transfers, and cash advances made by anyone you\nauthorize to use your Account, whether or not you notify us that he or she will be using it. If someone else is authorized to\nuse your Account and you want to end that person\xe2\x80\x99s privilege, you must notify us in writing, and if he or she has a Card,\nyou must return the Card with your written notice for it to be effective.\nLIABILITY FOR UNAUTHORIZED USE: You may be liable for the unauthorized use of your Card. If you notice the\nloss or theft of your Card or a possible unauthorized use of your Card, you should call us immediately at:\n(877) 404-1009\nYou may also write us at:\nVantiv\nP O Box 815909\nDallas, Texas 75381-5909\nAlthough you may write to notify us of unauthorized use, calling us immediately at the telephone number above is the best\nway to keep your possible losses down.\nYou are not liable for any unauthorized use of your MasterCard once you notify us orally or in writing and as long as you\nmeet the following criteria: (1) you have exercised reasonable care with your Card; (2) you have not reported two or more\nincidents of unauthorized use of your Card within the previous 12 months; and (3) you have maintained your Account in\ngood standing. MasterCard\xe2\x80\x99s zero liability policy does not apply to cash advances obtained at an ATM.\nCREDIT LIMITS: The Credit Union will establish a line of credit for you and notify you of its amount when the Card is\nsent to you. You promise that payments we make for your Account resulting from use of the Card will at no time cause the\noutstanding balance of your Account to exceed your credit limit as established by us or as adjusted from time to time at our\ndiscretion. Notwithstanding the foregoing, in our discretion we may choose to approve a transaction you have requested\nthat would cause you to exceed your approved credit limit and you will be responsible for such transactions. Each payment\nyou make on the Account will restore your credit limit by that amount of the payment which is applied to the principal\nbalance of purchases and cash advances. The Credit union has the right to reduce or terminate your credit limit at any time.\nPROMISE TO PAY: You promise to pay us in U.S. dollars for (a) all purchases, cash advances, and balance transfers\nmade by you or anyone whom you authorize to use the Card or Account; (b) INTEREST CHARGES and other charges or\nfees; (c) collection costs and attorney\xe2\x80\x99s fees as permitted by applicable law, and any costs incurred in the recovery of the\nCard; and (d) credit in excess of your credit limit that we may extend to you. At the end of each monthly billing cycle for\nwhich you have a balance on your Account, you will be furnished with a periodic statement showing (i) the \xe2\x80\x9cPrevious\nBalance\xe2\x80\x9d (the outstanding balance in the Account at the beginning of the billing cycle), (ii) the amount of all cash\nadvances, purchases, balance transfers, Late Charges, INTEREST CHARGES, and other charges or fees posted to your\nAccount during the billing cycle, (iii) the amount of all payments and credits posted to your Account during the billing\ncycle, and (iv) the \xe2\x80\x9cnew Balance\xe2\x80\x9d which is the sum of (i) and (ii) minus (iii).\nYou agree to pay on or before the \xe2\x80\x98Payment Due Date\xe2\x80\x99 shown on the monthly periodic statement the entire New Balance or\na Minimum Payment equal to 2% of the new balance or $18, whichever is greater, plus any amount in excess of the credit\nlimit established by us. If the New Balance is $18 or less, you agree to pay it in full. You may make extra payments in\nadvance of the due date without a penalty, and you may repay any funds advanced, credit extended, or amount outstanding\nat any time without a penalty for early payment. Regardless of the amount of any extra payment during a given month, a\nmonthly payment will be required the following month if a balance remains on your Account.\n\n2\n\n\x0cCREDIT INSURANCE: Credit insurance is not required for any extension of credit under the Agreement. However, if\navailable, you may purchase credit insurance through the Credit Union and have the premium added to the outstanding\nbalance in your account. If you elect to do so, you will be given the necessary disclosures and documents separately.\nTERMINATION OR CHANGES: The Credit Union may add to, delete, or change the terms of this Agreement from\ntime to time. Notice of any change will be given in accordance with applicable law. If permitted by law and specified in the\nnotice to you, the change will apply to your existing Account balance as well as to future transactions. Either you or the\nCredit Union may terminate this Agreement at any time, but termination by you or the Credit Union will not affect your\nobligation to pay the Account balance plus any INTEREST CHARGES and other charges you owe under this Agreement.\nYou are also responsible for all transactions made to your Account after termination, unless the transactions were\nunauthorized. The Cards and convenience checks you receive remain the property of the Credit Union and you must\nsurrender to the Credit Union all Cards and convenience checks upon request or upon termination of this Agreement\nwhether by you or the Credit Union.\nDEFAULT: You will be in default: (1) if you fail to make any payment an time; (2) if you fail to keep any promises you\nhave made under this or any other agreement with the Credit Union; (3) if you are the subject of an order for relief under\nTitle 11 of the U.S. Code (Bankruptcy); (4) if anyone tries, by legal process, to take any of your money in the Credit Union\n(5) if you have given the Credit Union false or inaccurate information in obtaining your Card; or (6) if anything happens or\nany condition exists which the Credit Union reasonably believes impairs your ability to repay what you owe.\nACCELERATION: If you are in default, the Credit Union may, without prior notice to you, call any amounts you still\nowe immediately due and payable plus INTEREST CHARGES which shall continue to accrue until the entire amount is\npaid. We may also in our discretion transfer the balance of an account in default to another linked account of yours. You\nexpressly waive any right to notice or demand, including but not limited to, demand upon default, notice of intention to\naccelerate and notice of acceleration. The card remains the property of the Credit Union at all times and you agree to\nimmediately surrender the Card upon demand of the Credit Union. You agree to pay all reasonable costs of collection,\nincluding court costs and attorneys fees imposed, and any cost incurred in the recovery of the Card.\nCOST OF CREDIT: You will pay an INTEREST CHARGE for all advances made against your Account. If your\nAccount features an Introductory Rate, you will pay an Introductory Rate for all advances made against your Account at\nthe Daily Periodic Rate and corresponding ANNUAL PERCENTAGE RATE (\xe2\x80\x9cAPR\xe2\x80\x9d) set forth in the Additional\nDisclosure attached and incorporated into this Agreement. Any Introductory Rate applicable to your Account will apply for\nthe time period as set forth in the Additional Disclosure. After any Introductory Rate period, or if an Introductory Rate does\nnot apply to your Account, the Standard Rate for your Account will range from .0218904% per day to .0492877% per day\nfor MasterCard, which corresponds to an ANNUAL PERCENTAGE RATE ranging from 7.99% to 17.99%. Your precise\nStandard Rate will be determined by review of your credit report and based on your credit worthiness and is disclosed in\nthe Additional Disclosure. In addition, after your Account is opened, we may review your credit report periodically from\ntime to time at our discretion and adjust your Standard Rate within the ranges above according to your credit score. You\nwill be notified no less than 45 days prior to any rate change. Cash advances (including balance transfers) incur an\nINTEREST CHARGE from the date they are posted to the Account. If you have paid your account in full by the due date\nshown on the previous monthly statement, or there is no previous balance, you have not less than 25 days to repay your\nAccount balance before an INTEREST CHARGE on the current purchases will be imposed. If you have not paid your\nAccount in full by the due date shown on the previous monthly statement, you have no grace period in which to repay your\nAccount balance before an INTEREST CHARGE on current purchases will be imposed, and such INTEREST\nCHARGE will begin on the date such purchases are posted to your Account. No additional INTEREST CHARGE will\nbe incurred whenever you pay the Account in full by the Payment Due Date shown on your monthly periodic statement.\nThe INTEREST CHARGE is figured by applying the periodic rate to the \xe2\x80\x9cbalance subject to INTEREST CHARGE\xe2\x80\x9d\nwhich is the \xe2\x80\x9caverage daily balance\xe2\x80\x9d of your Account, including certain current transactions. The \xe2\x80\x9caverage daily balance\xe2\x80\x9d\nis arrived at by taking the beginning balance of your Account each day and adding any new cash advances (including\nbalance transfers), and, unless you pay your account in full by the due date shown on your previous monthly statement or\nthere is no previous balance, adding in new purchases, and subtracting any payments or credits and unpaid INTEREST\nCHARGES. The daily balances for the billing cycle are then added together and divided by the number of days in the\nbilling cycle. The result is the \xe2\x80\x9caverage daily balance.\xe2\x80\x9d The INTEREST CHARGE is determined by multiplying the\n\xe2\x80\x9caverage daily balance\xe2\x80\x9d by the number of days in the billing cycle and applying the periodic rate to the product. The\nINTEREST CHARGE for certain categories of transactions subject to an introductory rate or a promotional rate may be\nseparately calculated for those category balances. You may pay any amounts outstanding at any time without penalty for\nearly payment.\n\n3\n\n\x0cACCOUNTS WITH DIFFERENT APRs: Payments made in excess of the required minimum payment will be applied to\nthe balance with the highest APR before any such excess payments are applied to balances with lower APRs.\nCASH ADVANCE FEE: We will not charge you a cash advance fee. If an advance is made by another institution, the\nother institution may impose a fee. If you obtain a cash advance by using an automated teller machine (ATM), any fee\nimposed upon the Credit Union by the owner or operator of the machine may be passed on to you. Any charge made under\nthis paragraph will be added to the balance of your Account and treated as a cash advance.\nANNUAL FEE: You will not be charged an annual fee for the issuance or use of the Card.\nLATE PAYMENT FEE: If we do not receive your required minimum payment within 10 days of the payment due date,\nyou will be charged a late payment fee as set forth in the Additional Disclosure. In no event will the late payment fee\nexceed the amount of the minimum payment due for the applicable statement period.\nRETURNED PAYMENT FEE: We will charge you a returned payment fee each time you send us a payment that is\nreturned unpaid for any reason. We will charge you a returned payment fee each time any payment is returned unpaid, even\nif it is paid upon resubmission. The amount of the returned payment fee is set forth in the Additional Disclosure. In no\nevent will the returned payment fee exceed the amount of the minimum payment due for the applicable statement period.\nOVER-THE-CREDIT-LIMIT FEE: You will not be charged an Over the Credit Limit Fee when using your Card.\nBALANCE TRANSFER FEE: You will not be charged a Balance Transfer Fee.\nFEDEX FEE FOR EXPEDITING LOST, STOLEN, OR ADDITIONAL CARD: We will charge you a fee for the\nFedEx delivery of your card as set forth in the Additional Disclosure.\nTELEPHONE PAYMENT THROUGH TDECU: If you make a telephone request to make a payment within 24 hours\nof payment due date, we will charge a Telephone Payment fee as set forth in the Additional Disclosure.\nCREDITING OF PAYMENTS: All payments made on your Account at (i) the address designated for payment on the\nmonthly periodic statement, (ii) through the gotomycard.com website, and (iii) made to a member service representative at\nany of our branch offices will be credited to your Account on the date of receipt. If the date of receipt for a mailed payment\nor a payment made at a branch drop box is not a business day, your payment will be credited on the first business day\nfollowing receipt. The required minimum payment for your Account will be applied first to collection costs, then to any\nINTEREST CHARGES and other fees due, and then to the unpaid principal balance. Interest paid or agreed to be paid\nshall not exceed the maximum amount permissible under applicable law, and in any contingency whatsoever, if we shall\nreceive anything of value deemed interest under applicable law which would exceed the maximum amount of interest\npermissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal amount or\nrefunded to you.\nThe official periodic statement we send to the Key Account Holder will reflect separate and a combined minimum payment\nfor the Key Account and all linked Parent Pay Dependent Accounts. The Key Account Holder may remit separate\npayments for the Key Account and each Parent Pay Dependent Account or combine payment for the Accounts. If a\npayment sent to our physical payment address is combined, then the combined payment will be allocated among the linked\nKey Account and Parent Pay Dependent Accounts as follows, unless you tell us otherwise in a manner approved by us\nwhen you send the payment: Payment will first be applied to pay any delinquent amount due on the Key Account or Parent\nPay Dependent Accounts. We will then apply any remaining amount to pay the remaining required minimum payment for\nthe Key Account and each Parent Pay Dependent Account. Any remaining excess amount will be applied to the Key\nAccount and Parent Pay Dependent Accounts according to each Account\xe2\x80\x99s balance as a percentage of the Parent Pay\nFamily Account group\xe2\x80\x99s aggregate balance. If an unspecified combined payment is not adequate to pay the required\nminimum payment for the Key Account and each Parent Pay Dependent Account, then the payment may be applied among\nthe Key Account and Parent Pay Dependent Accounts in our discretion. Payments made by way of the GoToMyCard.com\nweb site or by way of any other automated means will be applied entirely to the Account associated with the payment. You\nacknowledge and agree that, if you make payments electronically or by way of another automated means, you must make\nseparate payments of at least the Minimum Payment due for the Key Account and each Parent Pay Dependent Account in\norder to satisfy your payment obligations under this Agreement and any other Parent Pay Dependent Account card\nagreement you have with us.\nBALANCE TRANSFERS: If you request a balance transfer to be made, you should not rely on a balance transfer to be\nmade by any particular date. Although most balance transfers will be made sooner, it could take up to three weeks before\npayment to your other account is made. Accordingly, you should continue to make all required payments on your other\n\n4\n\n\x0cAccounts until you confirm that the balance transfer has been made. Balance transfers may not exceed your available\ncredit. Balance transfer requests will be processed in the order you list them on the balance transfer request form or\nadditional sheet if included. If a balance transfer request is more than the available credit limit, we will automatically lower\nthe balance transfer amount to your available credit and complete the transfer. We will not close your other accounts, even\nif you transfer the entire balance. Balance transfer cannot be used to pay towards TDECU credit card or loan balances. If\nyou want to close your other accounts, you should contact the issuer directly. Transfer of a balance that contains disputed\npurchases or other charges may cause you to lose any dispute rights you may have with regard to those purchases or other\ncharges. There is no grace period for balance transfers.\nCREDIT INVESTIGATION: In conjunction with your application for credit and, if approved, maintenance of your\nAccount, you agree that we have the right to investigate your credit and employment history, to verify your credit\nreferences, to request and use credit reports, and to report the way you pay your Account to credit bureaus and other\ninterested parties. We may report the status and payment history of your Account to the credit reporting agencies each\nmonth. You are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit\nreporting agency if you fail to fulfill the terms of this Agreement. If you believe that the information we have reported\nis inaccurate or incomplete, please notify us in writing at Texas Dow Employees Credit Union, 1001 FM 2004, Lake\nJackson, TX 77566-4012. Please include your name, address, home telephone number, and Account number.\nCONVENIENCE CHECKS: The Credit Union may issue checks at our discretion that may be used for any purpose other\nthan making payment for credit to your Account. By signing such checks, you authorize us to pay the item for the amount\nindicated and post such amount as a cash advance to your Account. We do not have to pay any item that would cause the\noutstanding balance in your Account to exceed your credit limit.\nILLEGAL TRANSACTIONS: You may not use your Card or Account for any illegal purpose or unlawful transactions.\nYou agree that we may decline to process any transaction that we believe in good faith to be for an illegal purpose. You\nagree that we will not be liable for declining to process any such transaction. If we do process any transaction that\nultimately is determined to have been for an illegal purpose, you agree that you will remain liable to us under this\nAgreement for any such transaction notwithstanding its illegal nature. You agree that any illegal use of the Card will be\ndeemed an act of default under this Agreement. You further agree to waive any right to take legal action against us for your\nillegal use of the Card and to indemnify, defend, and hold us and MasterCard International, Inc. harmless from and against\nany lawsuits, other legal action, or liability that results directly or indirectly from such illegal use.\nFOREIGN TRANSACTIONS: If you effect a foreign transaction with your MasterCard, MasterCard International will\nconvert the charge into a U.S. dollar amount. MasterCard International will use its currency conversion procedure, which is\ndisclosed to institutions that issue MasterCard cards. Currently, the currency conversion rate used by MasterCard\nInternational to determine the transaction amount in U.S. dollars for such transactions is generally either a governmentmandated exchange rate or a wholesale exchange rate selected by MasterCard International for the applicable currency on\nthe day the transaction is processed, which rate may differ from the applicable rate on the date the transaction occurred or\nwhen the transaction is posted to your Account.\nADDITIONAL PROVISIONS: Each provision of this Agreement must be considered part of the total Agreement and\ncannot in any way be severed from it. However, if any provision of this Agreement is finally determined to be void or\nunenforceable under any law, rule, or regulation, all other provisions of this Agreement will remain valid and enforceable.\nYou understand that the validity, construction, and enforcement of this Agreement is governed by the laws of the State of\nTexas to the extent not preempted by applicable federal law, and it is performable in Brazoria County, Texas. We do not\nwarrant any merchandise or services purchased by you with the Card. All purchases and cash advances are extended at the\noption of the merchant or cash advancing financial institution and the Credit Union is not responsible for the refusal of any\nmerchant or financial institution to honor your Card. The Card remains our property at all times and you agree to\nimmediately surrender the Card upon demand. You agree to pay all reasonable costs of collection, including court costs\nand attorneys fees, and any costs incurred in the recovery of the Card. We can accept late payments or partial payments, or\nchecks or money orders marked \xe2\x80\x9cpayment in full\xe2\x80\x9d without losing any of our rights under this Agreement. We can also\nwaive or delay enforcing any of our rights under this Agreement without losing them. You expressly waive presentment for\npayment, demand, protest, and notice of protest and dishonor of same. You agree to give us prompt notice of any change in\nyour name, mailing address, telephone number or place of employment.\nRECEIPT OF AND AGREEMENT TO TERMS AND CONDITIONS OF AGREEMENT: By signing an application\nfor the Card or by using the Card, you agree to all the terms and conditions and promise to perform all the obligations,\nrequirements, and duties contained in this Agreement, and you acknowledge receipt of a copy of this Agreement.\nINTEREST RATES AND INTEREST CHARGES\n\nAnnual Percentage Rate\n5 (APR) for Purchases\n\n0% Introductory APR on all purchases for six months. *\nAfter that, the Standard APR will range from\n\n7.99% to 17.99%, based on your creditworthiness\n\n\x0cAPR for Balance Transfers\n\n0% introductory APR for twelve months.**\nAfter that, the Standard APR will range from\n7.99% to 17.99%, based on your creditworthiness\n\nAPR for Cash Advances\n\n0% introductory APR for six months\nAfter that, the Standard APR will range from\n7.99% to 17.99%, based on your creditworthiness\n\nHow to Avoid Paying\nInterest on Purchases\n\nYour due date is at least 25 days after the close of each billing\ncycle. We will not charge you interest on purchases if you pay\nyour entire balance by the due date each month.\n\nFor Credit Card Tips\nTo learn more about factors to consider when applying for or\nFrom the Consumer\nusing a credit card, visit the website of the Consumer Financial Protection\nFinancial Protection Bureau at http://www.consumerfinance.gov/learnmore\nFEES\n\nAnnual Fee\n\nNone\n\nPenalty Fees\n\xef\x82\xb7 Late Payment\n\xef\x82\xb7 Returned Payment\n\nUp to $25\nUp to $25\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9caverage daily balance (including new purchases).\xe2\x80\x9d\n*Introductory rate good until the first day of the billing cycle that includes the six month anniversary date of the opening of your\naccount\n**Offer only applies to balance transfer requests received by us within 30 business days of account opening.\nFederally insured by NCUA.\n\n6\n\n\x0c'


b'CREDIT CARD AGREEMENT AND DISCLOSURE STATEMENT\nFOR YOUR MASTERCARD\xc2\xae ACCOUNT\n\nNotice: Read and retain this copy of your Credit Card Agreement and Disclosure Statement for future reference.\nTERMS USED IN THIS AGREEMENT: This Agreement and Disclosure Statement (\xe2\x80\x9cAgreement\xe2\x80\x9d) covers your\nMasterCard\xc2\xae Account (\xe2\x80\x9cAccount\xe2\x80\x9d). In this Agreement \xe2\x80\x9cYou\xe2\x80\x9d and \xe2\x80\x98Your\xe2\x80\x9d mean any person who signs this Agreement or\nuses the Card. \xe2\x80\x9cWe,\xe2\x80\x9d \xe2\x80\x9cour,\xe2\x80\x9d and \xe2\x80\x9cus\xe2\x80\x9d mean Texas Dow Employees Credit Union, the issuer of your MasterCard. The\n\xe2\x80\x9cCard\xe2\x80\x9d means any credit card issued to you or those designated by you under the terms of this Agreement. \xe2\x80\x9cUse of the\nCard\xe2\x80\x9d means any procedure used by you, or someone authorized by you, to make a purchase or an advance whether or\nnot the purchase or advance is evidenced by a signed written document. \xe2\x80\x9cUnauthorized use of the Card\xe2\x80\x9d means the use of\nthe Card by someone other than you who does not have actual, implied, or apparent authority for such use, and from\nwhich you receive no benefit. In this Agreement, any plural terms shall be deemed singular and any singular terms shall\nbe deemed plural when context and construction so require.\nCONSENSUAL SECURITY INTEREST: You agree to give the Credit Union a security interest in any and\nall funds on deposit in accounts in which you have an ownership interest, both now and in the future, with the\nexception of retirement accounts or any other accounts that would lose special tax treatment under state or\nfederal law if given as security. The granting of this security interest is a condition for the issuance of any Card\nthat you may use, directly and indirectly, to obtain extensions of credit under this Agreement. This means that, if\nyou are in default, the Credit Union can, without prior notice to you, take funds from any eligible account(s) in\nwhich you have an ownership interest and apply them as a credit against your credit card Account in any amount\navailable up to the entire balance. Collateral securing other loans you have with the Credit Union may also\nsecure this loan.\n\nEXTENSION OF CREDIT: The Credit Union has established a MasterCard Account in your name and one or more\nCards will be issued to you or to those designated by you. By use of the Card or the Account you authorize the Credit\nUnion to pay for your Account all items reflecting credit purchases and cash advances (including balance transfers).\nJOINT APPLICANT LIABILITY: If more than one person signs the application, each of you shall be jointly and\nindividually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each\nof you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of\nyour Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any cardholder\nmay close the Account at any time by notifying us in writing. However, removal from the Account does not release you\nfrom any liability already incurred.\nCARD SIGNATURE PANEL: Upon receipt of your new or reissued Card, you must sign the signature panel on the\nback of the Card. If the signature panel is not signed, merchants are not required to accept your Card.\nOTHERS USING YOUR ACCOUNT: If you allow anyone else to use your Account, you will be liable for all credit\nextended to such persons. You promise to pay for all purchases, balance transfers, and cash advances made by anyone\nyou authorize to use your Account, whether or not you notify us that he or she will be using it. If someone else is\nauthorized to use your Account and you want to end that person\xe2\x80\x99s privilege, you must notify us in writing, and if he or\nshe has a Card, you must return the Card with your written notice for it to be effective.\n\n1\n\n\x0cLIABILITY FOR UNAUTHORIZED USE: You may be liable for the unauthorized use of your Card. If you notice\nthe loss or theft of your Card or a possible unauthorized use of your Card, you should call us immediately at:\n(877) 404-1009\nYou may also write us at:\nVantiv\nP O Box 815909\nDallas, Texas 75381-5909\nAlthough you may write to notify us of unauthorized use, calling us immediately at the telephone number above is the\nbest way to keep your possible losses down.\nYou are not liable for any unauthorized use of your MasterCard once you notify us orally or in writing and as long as\nyou meet the following criteria: (1) you have exercised reasonable care with your Card; (2) you have not reported two or\nmore incidents of unauthorized use of your Card within the previous 12 months; and (3) you have maintained your\nAccount in good standing. MasterCard\xe2\x80\x99s zero liability policy does not apply to cash advances obtained at an ATM.\nCREDIT LIMITS: The Credit Union will establish a line of credit for you and notify you of its amount when the Card\nis sent to you. You promise that payments we make for your Account resulting from use of the Card will at no time\ncause the outstanding balance of your Account to exceed your credit limit as established by us or as adjusted from time\nto time at our discretion. Notwithstanding the foregoing, in our discretion we may choose to approve a transaction you\nhave requested that would cause you to exceed your approved credit limit and you will be responsible for such\ntransactions. Each payment you make on the Account will restore your credit limit by that amount of the payment which\nis applied to the principal balance of purchases and cash advances. The Credit union has the right to reduce or terminate\nyour credit limit at any time.\nPROMISE TO PAY: You promise to pay us in U.S. dollars for (a) all purchases, cash advances, and balance transfers\nmade by you or anyone whom you authorize to use the Card or Account; (b) INTEREST CHARGES and other charges\nor fees; (c) collection costs and attorney\xe2\x80\x99s fees as permitted by applicable law, and any costs incurred in the recovery of\nthe Card; and (d) credit in excess of your credit limit that we may extend to you. At the end of each monthly billing cycle\nfor which you have a balance on your Account, you will be furnished with a periodic statement showing (i) the \xe2\x80\x9cPrevious\nBalance\xe2\x80\x9d (the outstanding balance in the Account at the beginning of the billing cycle), (ii) the amount of all cash\nadvances, purchases, balance transfers, late charges, INTEREST CHARGES, and other charges or fees posted to your\nAccount during the billing cycle, (iii) the amount of all payments and credits posted to your Account during the billing\ncycle, and (iv) the \xe2\x80\x9cNew Balance\xe2\x80\x9d which is the sum of (i) and (ii) minus (iii).\nYou agree to pay on or before the \xe2\x80\x9cPayment Due Date\xe2\x80\x9d shown on the monthly periodic statement the entire new balance\nor a minimum payment equal to 2% of the new balance or $18, whichever is greater, plus any amount in excess of the\ncredit limit established by us. If the new balance is $18 or less, you agree to pay it in full. You may make extra payments\nin advance of the due date without a penalty, and you may repay any funds advanced, credit extended, or amount\noutstanding at any time without a penalty for early payment. Regardless of the amount of any extra payment during a\ngiven month, a monthly payment will be required the following month if a balance remains on your Account.\nCREDIT INSURANCE: Credit insurance is not required for any extension of credit under the Agreement. However, if\navailable, you may purchase credit insurance through the Credit Union and have the premium added to the outstanding\nbalance in your Account. If you elect to do so, you will be given the necessary disclosures and documents separately.\nCredit insurance is not available for TDECU Business Accounts.\nTERMINATION OR CHANGES: The Credit Union may add to, delete, or change the terms of this Agreement from\ntime to time. Notice of any change will be given in accordance with applicable law. If permitted by law and specified in\nthe notice to you, the change will apply to your existing Account balance as well as to future transactions. Either you or\nthe Credit Union may terminate this Agreement at any time, but termination by you or the Credit Union will not affect\nyour obligation to pay the Account balance plus any INTEREST CHARGES and other charges you owe under this\nAgreement. You are also responsible for all transactions made to your Account after termination, unless the transactions\nwere unauthorized. The Cards and convenience checks you receive remain the property of the Credit Union and you\nmust surrender to the Credit Union all Cards and convenience checks upon request or upon termination of this\nAgreement whether by you or the Credit Union.\n\n2\n\n\x0cDEFAULT: You will be in default: (1) if you fail to make any payment on time; (2) if you fail to keep any promises you\nhave made under this or any other agreement with the Credit Union; (3) if you are the subject of an order for relief under\nTitle 11 of the U.S. Code (Bankruptcy); (4) if anyone tries, by legal process, to take any of your money in the Credit\nUnion (5) if you have given the Credit Union false or inaccurate information in obtaining your Card; or (6) if anything\nhappens or any condition exists which the Credit Union reasonably believes impairs your ability to repay what you owe.\nACCELERATION: If you are in default, the Credit Union may, without prior notice to you, call any amounts you still\nowe immediately due and payable plus INTEREST CHARGES which shall continue to accrue until the entire amount\nis paid. You expressly waive any right to notice or demand, including but not limited to, demand upon default, notice of\nintention to accelerate and notice of acceleration. The Card remains the property of the Credit Union at all times and you\nagree to immediately surrender the Card upon demand of the Credit Union. You agree to pay all reasonable costs of\ncollection, including court costs and attorney\xe2\x80\x99s fees imposed, and any cost incurred in the recovery of the Card.\nCOST OF CREDIT: You will pay an INTEREST CHARGE for all advances made against your Account. If your\nAccount features an Introductory Rate, you will pay an Introductory Rate for all advances made against your Account at\nthe Daily Periodic Rate and corresponding ANNUAL PERCENTAGE RATE (\xe2\x80\x9cAPR\xe2\x80\x9d) set forth in the Additional\nDisclosure attached and incorporated into this Agreement. Any Introductory Rate applicable to your Account will apply\nfor the time period as set forth in the Additional Disclosure. After any Introductory Rate period, or if an Introductory\nRate does not apply to your Account, the Standard Rate periodic rate for your Account will range from .0218904% per\nday to .0492877% per day, which corresponds to an ANNUAL PERCENTAGE RATE ranging from 7.99% to 17.99%.\nYour precise Standard Rate will be determined by review of your credit report and based on your creditworthiness and is\ndisclosed in the Additional Disclosure. In addition, after your Account is opened, we may review your credit report\nperiodically from time to time at our discretion and adjust your Standard Rate within the ranges above according to your\ncredit score. You will be notified no less than 45 days prior to any rate change. Cash advances (including balance\ntransfers) incur an INTEREST CHARGE from the date they are posted to the Account. If you have paid your Account\nin full by the due date shown on the previous monthly statement, or there is no previous balance, you have not less than\n25 days to repay your Account balance before an INTEREST CHARGE on the current purchases will be imposed. If\nyou have not paid your Account in full by the due date shown on the previous monthly statement, you have no grace\nperiod in which to repay your Account balance before an INTEREST CHARGE on current purchases will be imposed,\nand such INTEREST CHARGE will begin on the date such purchases are posted to your Account. No additional\nINTEREST CHARGE will be incurred whenever you pay the Account in full by the Payment Due Date shown on your\nmonthly periodic statement.\nThe INTEREST CHARGE is figured by applying the periodic rate to the \xe2\x80\x9cbalance subject to INTEREST CHARGE,\xe2\x80\x9d\nwhich is the \xe2\x80\x9caverage daily balance\xe2\x80\x9d of your Account, including certain current transactions. The \xe2\x80\x9caverage daily\nbalance\xe2\x80\x9d is arrived at by taking the beginning balance of your Account each day and adding any new cash advances\n(including balance transfers), and, unless you pay your Account in full by the due date shown on your previous monthly\nstatement or there is no previous balance, adding in new purchases, and subtracting any payments or credits and unpaid\nINTEREST CHARGES. The daily balances for the billing cycle are then added together and divided by the number of\ndays in the billing cycle. The result is the \xe2\x80\x9caverage daily balance.\xe2\x80\x9d The INTEREST CHARGE is determined by\nmultiplying the \xe2\x80\x9caverage daily balance\xe2\x80\x9d by the number of days in the billing cycle and applying the periodic rate to the\nproduct. The INTEREST CHARGE for certain categories of transactions subject to an introductory rate or a\npromotional rate may be separately calculated for those category balances. You may pay any amounts outstanding at any\ntime without penalty for early payment.\nACCOUNTS WITH DIFFERENT APRS: Payments made in excess of the required minimum payment will be applied\nto the balance with the highest APR before any such excess payments are applied to balances with lower APRs.\nCASH ADVANCE FEE: We will not charge you a Cash Advance Fee. If an advance is made by another institution,\nthe other institution may impose a fee. If you obtain a cash advance by using an automated teller machine (ATM), any\nfee imposed upon the Credit Union by the owner or operator of the machine may be passed on to you. Any charge made\nunder this paragraph will be added to the balance of your Account and treated as a cash advance.\nANNUAL FEE: You will not be charged an annual fee for the issuance or use of the Card.\n\n3\n\n\x0cLATE PAYMENT FEE: If we do not receive your required minimum payment within 10 days of the payment due date,\nyou will be charged a late payment fee as set forth in the Additional Disclosure. In no event will the late payment fee\nexceed the amount of the minimum payment due for the applicable statement period.\nRETURNED PAYMENT FEE: We will charge you a returned payment fee each time you send us a payment that is\nreturned unpaid for any reason. We will charge you this fee each time any payment is returned unpaid, even if it is paid\nupon resubmission. The amount of the returned payment fee is set forth in the Additional Disclosure. In no event will\nthe returned payment fee exceed the amount of the minimum payment due for the applicable statement period.\nOVER-THE-CREDIT-LIMIT FEE: You will not be charged an Over the Credit Limit Fee when using your Card.\nBALANCE TRANSFER FEE: You will not be charged a Balance Transfer Fee.\nFEDEX FEE FOR EXPEDITING LOST, STOLEN, OR ADDITIONAL CARD: We will charge you a fee for the\nFedEx delivery of your card as set forth in the Additional Disclosure.\nTELEPHONE PAYMENT THROUGH TDECU: If you make a telephone request to make a payment within 24 hours\nof payment due date, we will charge a Telephone Payment fee as set forth in the Additional Disclosure.\nCREDITING OF PAYMENTS: All payments made on your Account at (i) the address designated for payment on the\nmonthly periodic statement, (ii) through the gotomycard.com website and (iii) made to a member service representative\nat any of our branch offices will be credited to your Account on the date of receipt. If the date of receipt for a mailed\npayment or a payment made at a branch drop box is not a business day, your payment will be credited on the first\nbusiness day following receipt. The required minimum payment for your Account will be applied first to collection costs,\nthen to any INTEREST CHARGES and other fees due, and then to the unpaid principal balance. Interest paid or agreed\nto be paid shall not exceed the maximum amount permissible under applicable law, and in any contingency whatsoever,\nif we shall receive anything of value deemed interest under applicable law which would exceed the maximum amount of\ninterest permissible under applicable law, the excessive interest shall be applied to the reduction of the unpaid principal\namount or refunded to you.\nBALANCE TRANSFERS: If you request a balance transfer to be made, you should not rely on a balance transfer to be\nmade by any particular date. Although most balance transfers will be made sooner, it could take up to three weeks before\npayment to your other Account is made. Accordingly, you should continue to make all required payments on your other\naccounts until you confirm that the balance transfer has been made. Balance transfers may not exceed your available\ncredit. Balance transfer requests will be processed in the order you list them on the balance transfer request form or\nadditional sheet if included. If a balance transfer request is more than the available credit limit, we will automatically\nlower the balance transfer amount to your available credit and complete the transfer. We will not close your other\naccounts, even if you transfer the entire balance. Balance transfer cannot be used to pay towards TDECU credit card or\nloan balances. If you want to close your other accounts, you should contact the issuer directly. Transfer of a balance that\ncontains disputed purchases or other charges may cause you to lose any dispute rights you may have with regard to those\npurchases or other charges. There is no grace period for balance transfers.\nCREDIT INVESTIGATION: In conjunction with your application for credit and, if approved, maintenance of your\nAccount, you agree that we have the right to investigate your credit and employment history, to verify your credit\nreferences, to request and use credit reports, and to report the way you pay your Account to credit bureaus and other\ninterested parties. We may report the status and payment history of your Account to the credit reporting agencies each\nmonth. You are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit\nreporting agency if you fail to fulfill the terms of this Agreement. If you believe that the information we have\nreported to the credit reporting agencies is inaccurate or incomplete, please notify us in writing at Texas Dow\nEmployees Credit Union, 1001 FM 2004, Lake Jackson, TX 77566-4012. Please include your name, address, home\ntelephone number, and Account number.\nCONVENIENCE CHECKS: The Credit Union may issue checks at our discretion that may be used for any purpose\nother than making payment for credit to your Account. By signing such checks, you authorize us to pay the item for the\namount indicated and post such amount as a cash advance to your Account. We do not have to pay any item that would\ncause the outstanding balance in your Account to exceed your credit limit.\n\n4\n\n\x0cILLEGAL TRANSACTIONS: You may not use your Card or Account for any illegal purpose or unlawful\ntransactions. You agree that we may decline to process any transaction that we believe in good faith to be for an illegal\npurpose. You agree that we will not be liable for declining to process any such transaction. If we do process any\ntransaction that ultimately is determined to have been for an illegal purpose, you agree that you will remain liable to us\nunder this Agreement for any such transaction notwithstanding its illegal nature. You agree that any illegal use of the\nCard will be deemed an act of default under this Agreement. You further agree to waive any right to take legal action\nagainst us for your illegal use of the Card and to indemnify, defend, and MasterCard International, Inc. harmless from\nand against any lawsuits, other legal action, or liability that results directly or indirectly from such illegal use.\nFOREIGN TRANSACTIONS: If you effect a foreign transaction with your MasterCard, MasterCard International will\nconvert the charge into a U.S. dollar amount. MasterCard International will use its currency conversion procedure, which\nis disclosed to institutions that issue MasterCard cards. Currently, the currency conversion rate used by MasterCard\nInternational to determine the transaction amount in U.S. dollars for such transactions is generally either a governmentmandated exchange rate or a wholesale exchange rate selected by MasterCard International for the applicable currency\non the day the transaction is processed, which rate may differ from the applicable rate on the date the transaction\noccurred or when the transaction is posted to your Account.\nADDITIONAL PROVISIONS: Each provision of this Agreement must be considered part of the total Agreement and\ncannot in any way be severed from it. However, if any provision of this Agreement is finally determined to be void or\nunenforceable under any law, rule, or regulation, all other provisions of this Agreement will remain valid and\nenforceable. You understand that the validity, construction, and enforcement of this Agreement is governed by the laws\nof the State of Texas to the extent not preempted by applicable federal law, and it is performable in Brazoria County,\nTexas. We do not warrant any merchandise or services purchased by you with the Card. All purchases and cash advances\nare extended at the option of the merchant or cash advancing financial institution and the Credit Union is not responsible\nfor the refusal of any merchant or financial institution to honor your Card. The Card remains our property at all times and\nyou agree to immediately surrender the Card upon demand. You agree to pay all reasonable costs of collection, including\ncourt costs and attorney\xe2\x80\x99s fees, and any costs incurred in the recovery of the Card. We can accept late payments or partial\npayments, or checks or money orders marked \xe2\x80\x9cpayment in full\xe2\x80\x9d without losing any of our rights under this Agreement.\nWe can also waive or delay enforcing any of our rights under this Agreement without losing them. You expressly waive\npresentment for payment, demand, protest, and notice of protest and dishonor of same. You agree to give us prompt\nnotice of any change in your name, mailing address, telephone number or place of employment.\nRECEIPT OF AND AGREEMENT TO TERMS AND CONDITIONS OF AGREEMENT: By signing an\napplication for the Card or by using the Card, you agree to all the terms and conditions and promise to perform all the\nobligations, requirements, and duties contained in this Agreement, and you acknowledge receipt of a copy of this\nAgreement.\nINTEREST RATES AND INTEREST CHARGES\n\nAnnual Percentage Rate\n(APR) for Purchases\n\n0% Introductory APR on all purchases for six months.*\nAfter that, the Standard APR will range from\n\n7.99% to 17.99%, based on your creditworthiness\n\n5\n\nAPR for Balance Transfers\n\n0% introductory APR for twelve months.**\nAfter that, the Standard APR will range from\n7.99% to 17.99%, based on your creditworthiness\n\nAPR for Cash Advances\n\n0% introductory APR for six months\nAfter that, the Standard APR will range from\n7.99% to 17.99%, based on your creditworthiness\n\nHow to Avoid Paying\nInterest on Purchases\n\nYour due date is at least 25 days after the close of\neach billing cycle. We will not charge you interest on purchases\nif you pay your entire balance by the due date each month.\n\n\x0cFor Credit Card Tips from\nThe Consumer Financial\nProtection Bureau\n\nTo learn more about factors to consider when\napplying for or using a credit card, visit the website\nof the Consumer Financial Protection Bureau at:\nhttp://www.consumerfinance.gov/learnmore\nFEES\n\nAnnual Fee\n\nNone\n\nPenalty Fees\n\xef\x82\xb7 Late Payment\n\xef\x82\xb7 Returned Payment\n\nUp to $25\nUp to $25\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9caverage daily balance (including new purchases).\xe2\x80\x9d\n*Introductory rate good until the first day of the billing cycle that includes the six month anniversary date of the opening of your\naccount.\n**Offer only applies to balance transfer requests received by us within 30 business days of account opening.\nFederally insured by NCUA.\n\n6\n\n\x0c'