b'WORLD MASTERCARD\xc2\xae CREDIT CARD\n\nAGREEMENT AND DISCLOSURES\nCONTENTS:\nAgreement Information\nTerms........................................................................................................ p.1\nPledge of Shares and Security Interest ......................................... p.1\nSecurity Agreement ...................................................................... p.1\nUse of the Account\n1. Using Your Account ................................................................... p.1\n2. ATM Access ............................................................................... p.1\n3. Maximum Credit Limit .............................................................. p.2\n4. Finance Charges ........................................................................ p.2\n5. Convenience Checks ................................................................. p.2\n6. Foreign Currency/Cross Border Transactions ........................... p.3\n7. Merchant Disputes ................................................................... p.3\n8. Illegal Transactions ................................................................... p.3\n9. Your Liability ............................................................................. p.3\nBilling Information\n10. Balance Transfers .................................................................... p.4\n11. Monthly Statement ................................................................. p.4\n12. Minimum Payment Due .......................................................... p.4\n13. Fees ......................................................................................... p.4\n14. Promotional Rate Finance Charges ......................................... p.4\n15. Returns, Adjustments, Credit Balances ................................... p.4\nPayment Information\n16. Payments ................................................................................ p.5\n17. Automatic Payment Option .................................................... p.5\n18. Skip Payment Option .............................................................. p.5\nDefault and Collections\n19. Default .................................................................................... p.5\n20. Collection Costs ...................................................................... p.5\nOther Provisions\n21. Change of Name, Address, or Employment ........................... p.5\n22. Updating and Disclosing Financial Information ...................... p.5\n23. Correcting a Credit Report ...................................................... p.6\n24. Closing Your Account .............................................................. p.6\n25. Changing this Agreement ....................................................... p.6\n26. Delay in Enforcement/Waivers ............................................... p.6\n27. Additional Benefits/Card Enhancements ................................ p.6\n28. Cash Back Rewards .................................................................. p.6\n29. Mastercard Benefits ............................................................... p.6\n30. Overdraft Protection ............................................................... p.6\n31. Additional Terms of Agreement .............................................. p.7\n32. Automatic Billing Updater ...................................................... p.7\nYour Billing Rights .................................................................. p.8\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0cTHIS IS YOUR AGREEMENT AND DISCLOSURE STATEMENT WITH SOUTH CAROLINA FEDERAL\nCREDIT UNION. PLEASE READ IT CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT\nSUPERSEDES ALL PRIOR AGREEMENTS AND DISCLOSURE STATEMENTS RELATING TO YOUR\nACCOUNT. YOU DO NOT HAVE TO SIGN THIS AGREEMENT. YOUR AGREEMENT TO ALL OF\nTHESE PROVISIONS, AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED BY US,\nWILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, YOUR ACCEPTANCE OF THE CARD,\nOR YOUR USE OF THE CARD, WHICHEVER OCCURS FIRST.\nTerms. In this Agreement, the word "Card" means either one or more MasterCard\xc2\xae credit cards or any duplicates,\nrenewals or substitutions we issue. The words, "you," "your," and "yours" mean all cardholders (borrowers and coborrowers); anyone any cardholder permits to use the Card(s); as well as any authorized user for whom an additional\nCard(s) is issued to the extent of their purchases, balance transfers, and cash advances, as well as transactions by\nanyone they permit to use the Card(s). The word "cardholder" means any applicant or co-applicant to whom a Card\nis issued by us. The words, "Credit Union," "we," "us," "our," and "South Carolina Federal" mean South Carolina\nFederal Credit Union. The words "Convenience Checks" mean one or more checks that we may send to you to\naccess your Credit Card Account.\n\nPledge of Shares and Security Interest: AS A CONDITION OF APPROVAL FOR AND USE OF\nYOUR ACCOUNT, YOU GRANT AND PLEDGE A CONSENSUAL LIEN TO US ON ALL SHARES TO\nSECURE PAYMENT OF YOUR OBLIGATIONS ON THIS ACCOUNT. YOU AGREE THAT SUCH A\nLIEN IS IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED AND YOU AGREE THAT\nWE CAN APPLY THE SHARES PLEDGED AT THE TIME OF ANY DEFAULT ON THIS ACCOUNT\nWITHOUT FURTHER NOTICE.\n"Shares", for the purpose of your pledge to secure your obligations to the Credit Union, means all deposits\nin any share savings, share draft, club, certificate, P.O.D., revocable trust or custodial account(s), whether\njointly or individually held -- regardless of contributions that you have on deposit now or in the future. Your\npledge does not include any I.R.A., Keogh, tax escrow, irrevocable trust or fiduciary account in which you do\nnot have a vested ownership interest.\nMilitary Lending Act Partial Exception: If you or your dependents are expressly covered and entitled to the\nprotections provided by the Military Lending Act, then NO PLEDGE OF SHARES OR LIEN ON SHARES\nAPPLIES EXCEPT FOR A SHARED SECURED CREDIT CARD FOR WHICH\nYOU EXECUTE A SEPARATE SECURITY AGREEMENT. Any provisions of the Agreement (below) that\naddress the items expressly excepted in any section to the contrary also do not apply to such Loans .\nSecurity Agreement: "Non-Purchase-Money Security Interests" Payments on your Account are secured by any\nsecurity interest in any property securing your other obligations to the Credit Union, whether existing now or in the\nfuture, except your household goods and your primary residence. "Purchase-Money Security Interests" You hereby\ngrant Credit Union security interest in all property purchased/acquired by you or any authorized user pursuant to the\nuse of this Account, including a purchase-money security interest in any household goods purchased/acquired with\nan extension of credit upon this Account. These Purchase-Money Security Interests shall secure faithful performance\nof all obligations arising under this Agreement; and the Credit Union shall have all of the rights of a secured party in\naccordance with Article Nine of the Uniform Commercial Code and/or other applicable law.\n\n1. Using Your Account. You can purchase or lease goods and services ("Purchases") from any merchant who\nhonors your Card up to your maximum credit limit by presenting your Card and signing a sales receipt or writing a\nConvenience Check for the amount of the Purchase. You may also use the Card to obtain Cash Advances up to your\nmaximum credit limit from financial institutions that accept the MasterCard credit card, and by use of preprinted\nConvenience Checks that the Credit Union may issue to you. You authorize us to honor any Purchase or Cash\nAdvance you make by telephone, internet or mail on this account. You agree that a signature is not necessary as\nidentification in such cases. You agree not to present your Card, obtain a Cash Advance or write a Convenience\nCheck for any extension of credit in excess of your available Credit Limit (the difference between your outstanding\nbalance and your maximum credit limit) on your account. Certain purchases and cash advances require authorization\nprior to completion of the transaction. In some cases, you may be asked to provide identification. If our system is not\nworking, we may not be able to authorize a transaction, even though you have sufficient credit available. Also, for\nsecurity reasons, we may block the use of your Card in certain countries or geographic areas. We will have no\nliability to you or others if any of these events occur.\n\n2. ATM Access. If you have received a personal identification number (PIN), you may use your Card and PIN to\nobtain Cash Advances at any ATM that accepts your Card. Except as otherwise provided in this Agreement,\nadvances through ATM access will be treated as Cash Advances under this Agreement. Your PIN is confidential\nand should not be disclosed to anyone. You agree not to write your PIN on your Card, you will not keep your Card\nand PIN together, and you will not provide your PIN to anyone who is not an authorized user. Owners of ATMs that\nwe do not own may charge fees in addition to any fees disclosed in this Agreement or other Credit Card Disclosures\nthat you receive. Any fees that we charge or that others charge for this service will be added to your account. The\nparty charging the fee is required to provide appropriate disclosures to you with regard to any such fees.\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0c3. Maximum Credit Limit. Your Maximum Credit Limit will appear on the folder in which you receive your Card and\non your monthly statement. The credit limit is based on your creditworthiness and our underwriting standards. At our\ndiscretion, we may change your credit limit at any time, and may provide separate limits for purchases and for cash\nadvances. We will notify you if we do, either by mail or through your monthly billing statement. You may request a\nchange to your credit limit by contacting the Credit Union by telephone or mail. Your continued use of the card will\nshow your agreement to any such increase. If you object to an increase in your credit limit, you must notify the Credit\nUnion in writing. Upon receipt of such notice, your credit limit will be reduced to its prior limit; however, you will be\nresponsible to pay any amounts by which you have exceeded the reduced limit. You agree to pay any amounts you\nowe that exceed your maximum credit balance upon demand. You agree we are not obligated to extend to you credit\nfor any amount that would cause your outstanding balance to exceed your Maximum Credit Limit, or for any amount if\nyour outstanding balance already exceeds your Maximum Credit Limit. Any increase in your Maximum Credit Limit\nrequested by you will require you to make a new application for our approval. In assessing your credit limit under the\nprovisions in this Section (either at our discretion or upon request): (a) we may and you authorize us to review your\ncredit history, including consumer credit reports; (b) you authorize us to have this review made by third parties to\ndetermine whether you meet the criteria we have set for such an increase; and (c) this process shall not be prescreening under the Fair Credit Reporting Act or other applicable laws or regulations based on our existing relationship\nand this Agreement.\nATM and Over-the-Counter Cash Advance Limits. Advances at authorized ATM\'s are limited to a total of $1010.00\nduring any 24-hour period. Over-the Counter cash advances are limited to three per day and based on your credit limit.\n\n4. Finance Charges. You agree to pay the FINANCE CHARGE on your account. A FINANCE CHARGE computed\non a monthly periodic rate ("MPR") will begin to accrue for new Purchases, if you do not pay the New Balance in full\nwithin 25 days after the billing date of the statement on which the new Purchases first appear according to the Grace\nPeriod above. For Cash Advance(s) and Balance Transfer(s), a FINANCE CHARGE computed on a monthly periodic\nrate ("MPR") will begin to accrue on the transaction date. For purchases (except as provided above), a FINANCE\nCHARGE computed on an MPR will begin to accrue on the transaction date or the first day of the billing cycle,\nwhichever is later. FINANCE CHARGES on Cash Advance(s), Balance Transfer(s) and Purchases will continue to be\nimposed until you have paid any outstanding balance in full. The Credit Union calculates the FINANCE CHARGE as\nfollows:\n\na. The FINANCE CHARGE will be figured by applying the monthly periodic rate to the average daily\nbalance of Purchases, Balance transfers, and Cash Advances. Your Annual Percentage Rate (APR) is\ndetermined based on your creditworthiness and will be provided to you separately either in writing or\nelectronically at the time your credit card is approved.\nAPR = Prime + Margin, 18% Maximum\n\nPrime Rate + 8.99%\nPrime Rate + 10.99%\nPrime Rate + 12.99%\nPrime Rate + 14.49%\nRATES FOR PURCHASES AND BALANCE TRANSFERS ARE VARIABLE AND SUBJECT TO CHANGE.\nRates for Cash Advances are not variable. Maximum APR is 18%. Your ANNUAL PERCENTAGE RATE (APR)\nfor Purchases and Balance Transfers, will be calculated by adding a margin from above to the Prime rate as\ncorrectly published in the Wall Street Journal as of the Wednesday immediately preceding the billing cycle. The\nCredit Union may adjust the rate once each month effective the first day of the billing cycle. APR changes will\nreflect on the following month\xe2\x80\x99s statement.\nb. To get the total average daily balance on your Account, we take the beginning balance of your Account each\nday, add any new Purchases and Cash Advances, unpaid Finance Charges, current late payment fees, and\nother fees, and subtract any payments or credits. This is your daily balance. Then we add up all the daily\nbalances for the billing cycle and divide that total by the number of days in the billing cycle. This gives you\nthe average daily balance. This determines the balance subject to the FINANCE CHARGE.\n5. Convenience Checks. At our option, we may offer convenience checks. Any individual cardholder or authorized\nuser can use your Convenience Checks to purchase goods and services or to obtain cash up to the amount of your\navailable credit limit. Credit Union will treat Convenience Checks as Cash Advances and will charge them against\nyour credit limit. Credit Union may decline to honor a Convenience Check if you are over your credit limit, you are in\ndefault, your account privileges have been canceled, or your Card has expired. If we decline to honor a Convenience\nCheck, Credit Union may charge you a fee, which the Credit Union will add to your account balance. Convenience\nChecks may be used only by the person whose name is printed on them. You may not use Convenience Checks to\npay any amount you owe the Credit Union under this or any other credit agreement with the Credit Union. Credit\nUnion will not certify any Convenience Checks, nor will the Credit Union return paid Convenience Checks to you. It is\nin the Credit Union\'s sole discretion to issue Convenience Checks to any member.\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0cStopping payment of a Convenience Check. You may ask us to stop payment of a convenience check by calling\nus at (800) 845-0432. You may be charged a stop payment fee/a stop payment fee may be added to your account\nbalance. Your stop payment request will be effective permanently. We will use commercially reasonable efforts to\nstop payment on your convenience check. However, you agree that convenience checks are credit transactions; and\nthat we will not be responsible in any way if the convenience check that you have requested us to stop payment on is\ncashed or otherwise presented for payment and, using commercially reasonable efforts, we are unable to stop\npayment. You agree that the UCC does not apply to a convenience check.\n6. Additional Charges for Transactions in a Foreign Currency and "Cross-Border" Transactions.\nCurrency Conversion Fee: If you effect or authorize a transaction with your access device in a currency other than\nUS Dollars, even if you are physically located within the United States when you effect or authorize the transaction,\nMasterCard will convert the charge into a US Dollar amount. The MasterCard currency conversion procedure\nincludes use of either a government mandated exchange rate, or a wholesale exchange rate selected by\nMasterCard, as applicable. The exchange rate MasterCard uses will be a rate in effect on the day the transaction is\nprocessed. This rate may differ from the rate in effect on the date of the purchase or the date the transaction was\nposted to your account. A Currency Conversion Fee of up to 1% may be applied to transactions that are converted\nfrom foreign currencies to U.S. dollars. Cross-Border Transaction Fee: In addition, MasterCard charges us a\nCross-Border Assessment up to 1% on each transaction on all cross-border transactions regardless of whether there\nis a currency conversion. For purposes of this Section, "cross-border transaction" shall include both (a) transactions\ninitiated in a foreign country, which are subsequently settled in the United States, and (b) transactions initiated in the\nUnited States but are ultimately settled in a country outside of the United States. The Credit Union may, in its\ndiscretion, assess these fees to you to reimburse it for the fee it is required to pay for each of your transactions\nsubject to these terms. The Cross-Border Transaction fee(s), if assessed, will be shown separately on your periodic\nbilling statement(s). The Currency Conversion Fee, if it applies to the transaction, will be included in the transaction\namount posted on your statement.\n7. Merchant Disputes. The Credit Union is not responsible for the refusal of any merchant or financial institution to\nhonor your Card except as set forth in the Special Rules for Credit Card Purchases set forth at the end of this\nAgreement.\n\n8. Illegal Transactions. You warrant and agree that your Credit Card, other access device or any related\naccount will not be used to make or facilitate any illegal transaction(s) as determined by applicable law; and\nthat any such use, including any such authorized use, will constitute an event of default under this\nAgreement. Certain federal and/or state laws or Card Service Providers\xe2\x80\x99 Rules may limit or prohibit certain\ntransactions such as (but not limited to) those coded as possible gambling transactions. The Credit Union\nmay decline to accept, process or pay any transaction that we believe to be illegal or unenforceable\n(regarding your obligation to pay us or otherwise) under applicable law; or which is otherwise limited or\nprohibited, including but not limited to any transaction involving or relating to any gambling activity. Such\nprohibition or limitations may affect some otherwise proper or allowable transactions such as charges\nincurred at a hotel-casino. You understand and agree such limitations/prohibitions are not within the Credit\nUnion\xe2\x80\x99s control and that the Credit Union will not have any liability, responsibility or culpability whatsoever\nfor any such use by you or any authorized user(s); or for declining to accept, process, or pay any such\ntransaction. You further agree to indemnify and hold the Credit Union harmless from any suits, liability,\ndamages or adverse action of any kind that results directly or indirectly from any such use of your account\nand/or access devices.\n9. Your Responsibility and Liability for Unauthorized Use and Lost or Stolen Cards or Convenience Checks.\nIf your Card or Convenience Checks are lost or stolen, or if you suspect someone used or may use them without\nyour permission, you must notify the Credit Union at once by calling 1-855-510-4594 (US) or 310-287-2002\n(International) or writing Credit Card Services-PO Box 182477-Columbus, OH 43272-4935. If notice is given orally,\nyou will promptly confirm it in writing. The Credit Union may require you to provide us certain information in writing to\nhelp us investigate any unauthorized use. Further, you agree to cooperate and assist us or any government or law\nenforcement agent or agency in investigating, collecting or pursuing any other rights (civil and criminal) relating to\nany unauthorized use. In this regard, you agree to file an appropriate police report when asked to do so. Do not use\nthe Card or the Convenience Checks after you have notified the Credit Union, even if you find them or have them\nreturned to you.\nYou are liable for all transactions that you authorize.\nNo Liability: You will have no liability for unauthorized use of your Card, Convenience Checks, or other Access\nDevices for transactions if the following conditions are met: (1) you have used reasonable care in protecting your\ncard from loss or theft; and (2) you have promptly reported to your financial institution when you knew that your\nMastercard was lost or stolen.\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0c10. Balance Transfers. Balance transfers may not be used to repay existing South Carolina Federal Credit Union\nloan products. If you transfer a balance from another issuer/merchant, continue to make your monthly payments to\nthe issuer/merchant until you receive a statement from the issuer/merchant reflecting the balance transfer payment.\nIf your balance transfer request exceeds your credit limit, we will process an amount less than your requested\namount.\n11. Monthly Statement. We will send you a monthly billing statement whenever there is activity on your account.\nYour monthly statement will show information concerning your account as required by law. Such information may\ninclude but is not limited to purchase and cash advance transactions, credit limit, etc.\nE-Statements: You will be sent a notice via e-mail that will direct you to a site we maintain or cause to be maintained\nwhere you may access, review, print and otherwise copy/ download your periodic statements using procedures that\nwe authorize. E-mails from us will be sent to the e-mail address provided by any owner to the last known e- mail\naddress provided. You agree to notify us promptly of any change of your e-mail address. If you have not notified us\nof any change of your e-mail address, you agree that your failure to provide us with a valid e-mail address is the lack\nof ordinary care on your part. If we become aware that you are not receiving e-mail, we may restrict your access to\nthese services until you provide us with the correct e-mail address and you may be converted to paper documents.\n12. Minimum Payment Due. You can pay off your account balance in full each month or you can pay in monthly\ninstallments. If you do not pay your balance in full, you agree to pay at least a minimum payment of 2.5% of your\nNew Balance (rounded to the nearest whole dollar) or $10.00, whichever is greater at the end of each statement\nperiod. If the New Balance shown on your periodic statement is $10.00 or less, you agree to pay this amount. Unless\nthe Credit Union takes other action as a result of a default under this Agreement, the Minimum Payment Due will also\ninclude any amount that is past due and any amount by which your new balance exceeds your credit limit. Payments\nand credits will be applied first to pay billed but unpaid finance charges; late charges, and other fees or charges\nprovided for herein; and next to unpaid cash advances; and then to your unpaid purchase balance. The "Payment\nDue Date" will be shown on your periodic statement.\nGrace Period: Grace period for repayment of the balance for purchases is approximately 25 days from the close of\nthe billing cycle. See your statement for billing cycle date.\n13. Fees. In addition to the periodic rate, the following additional fees may be imposed on your account. These fees\ncould cause you to exceed your credit limit. Please refer to the section on Minimum Payment Due for information about\nhow over-the-limit balances affect your monthly payment amount. If applicable to your account, the fee amounts and\nexplanations are disclosed on the Credit Card Disclosure accompanying this Agreement.\na. Expedited Payment Fee. You may be charged a fee for expedited payments made via telephone to a Credit\nUnion Representative. Fees are not assessed for payments made by mail, electronic transfer, or telephone\nauthorization through an automated service. Ask us for applicable fee amount.\nb. Late Payment Fee. Credit Union will charge your account a late payment fee for each billing period in which\nyour minimum payment is not received within five (5) days of your payment due date. This fee may be added\nto your account balance, or collected from you on demand.\nc. Returned Payment or Insufficient Funds Fee. Credit Union will charge your account a fee if your payment\nby any method, including check, electronic transfer, home banking transaction or otherwise, is not honored, or\nif we must return it to you because it cannot be processed for any reason. This fee may be added to your\naccount balance, or collected from you on demand.\nd. Charge for Copies, Research and Card Replacement. If you ask for a copy of any document, such as a\nsales draft, Convenience Check, or billing statement, a charge may be imposed for the time it takes to\nresearch and locate the document. However, no charge will be imposed in connection with any actual or\nasserted billing error. We may charge a fee to replace a card.\ne. Balance Transfer Fee. This fee may be added to your account balance, or collected from you on\ndemand.\n14. Promotional Rate Finance Charges. From time to time and in our sole discretion we may offer a special\nrate applicable to certain transactions such as particular purchases (as defined by us), balance transfers, or cash\nadvances. Applicable terms and conditions will be disclosed at the time any such promotion is offered, and are\nincorporated into this Agreement by reference. The promotional rate will apply only to the transactions and for the\nperiod of time set forth in any such offer from us. Existing balances and new purchases or advances not expressly\nsubject to any such promotion will remain governed by the terms and conditions of this Agreement. In addition, the\nterms and conditions of this Agreement will govern your obligations regarding any unpaid balance or transactions\nthat are made subject to any such promotional offer, that are not fully paid within the time period\nset forth in such promotional offer.\n15. Returns, Adjustments, Credit Balances. Merchants and others who honor your Card may give credit for\nreturns or adjustments, and they will do so by sending the Credit Union a credit transaction, which will be posted to\nyour Account. If your credits and payments exceed what you owe the Credit Union, the amount will be applied\nagainst future purchases and cash advances. If the credit balance amount is $1.00 or more, it will be refunded upon\nyour written request or automatically after six months by transferring the amount to your share savings account or\nmailing a check (only upon request) payable to the order of any cardholder to the statement mailing address.\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0c16. Payments. You will be jointly and severally liable and agree to pay the Credit Union for all charges (purchases,\ncash advances, finance charges, and other charges added to your Account under the terms of this or any other\nagreements with us) extended to you or anyone else using any Card issued for your account, unless the use of such\nCard is by a person other than you, who does not have actual, implied or apparent authority for such use and from\nwhich you receive no benefit. Authority includes, but is not limited to, any authorized users permitting another person\nto use any Card(s). Further, all users are obligated to us for all charges they make, authorize, or permit.\nThe Credit Union can accept late or partial payments as well as payments that are marked with "paid in full" or other\nrestrictive endorsements, without losing any of our rights under this Agreement. You must pay the Credit Union in\nU.S. dollars drawn on funds on deposit in the United States. If you make payment with other currencies or from an\ninstitution domiciled outside the United States, then your payment will not be credited until the funds have been\ncollected by us in U.S. dollars.\nUnless otherwise required by specifically applicable laws, for payments received by mail by 5:00 PM EST, your\npayment will be effective that day; and for payments made in any other manner, including in person, your payment is\neffective the date received.\nTo protect you and us, the Credit Union, in its sole discretion, may place a temporary freeze on all or part of\nthe credit available to you for new purchases or cash advances under this agreement any time the Credit\nUnion receives a large payment ($5,000.00 or more) by any method. In such cases, the Credit Union may\nfreeze your credit line until payment is actually collected or verified.\n17. Automatic Payment Option. If you requested the Automatic Payment Option in your Application, all Minimum\nPayments due will automatically be deducted from your designated account on your Payment Due Date. If your\ndesignated account does not contain sufficient funds, no automatic deduction will be made; we will bill you for the\nMinimum Payment Due; and your account will be charged an insufficient funds fee and you will be responsible for\nmaking the payment by some other means.\n18. Skip Payment Option. At our option, we may offer you the opportunity to not make ("skip") a minimum\npayment during certain designated billing cycles ("skip payment period"). If you do not make your minimum payments\nas provided in this Agreement, during such designated billing cycles, you understand that we will continue to apply\nfinance charges to your account. Beginning with the billing cycle following an allowed skip payment period, all other\nprovisions of this Agreement will apply.\n19. Default. You will be in default if: (a) you fail to pay the Minimum Payment Due by the Payment Due Date; (b) the\nCredit Union, in its sole discretion, feels insecure (For example: Our good faith belief that your ability to pay your\naccount is impaired; use of your account in any manner or in any way that may expose the Credit Union to a risk of\nloss; etc.); (c) your ability to repay is materially reduced by a change in your employment, by an increase in your\nobligations, by bankruptcy or insolvency proceedings involving you, by your death, or (for community property state\nresidents only) by a change in marital status or domicile; (d) you exceed your credit limit without our permission; (e)\nyou have made a false or misleading statement to us in your application or otherwise; (f) you are in default under any\nother agreement with us; (g) if you use or authorize the use of any Card(s) to make or facilitate any illegal transaction;\nor (h) you fail to perform any of your other obligations under the terms of this Agreement as it may be amended from\ntime to time. Upon default we may close your Account to future purchases and advances and, to the extent not\nprohibited by Governing Law, demand immediate payment of your entire Account balance, after giving you any notice\nand opportunity to cure the default if required by applicable law. The Credit Union\'s sole obligation hereunder with\nregard to determining and declaring an event of default is the exercise of "good faith," based on its subjective\nunderstanding of applicable facts. We shall also have the right to close your account and terminate access privileges\nwhere your account is inactive for such periods of time as we may from time-to-time determine to be appropriate for\nprotecting both our and your interests.\n20. Collection Costs. You agree to pay all costs incurred by the Credit Union in collecting any amounts you owe or\nin enforcing or protecting the Credit Union\'s rights under this Agreement, including attorneys\' fees of 20% of the\nunpaid balance or such greater sum as may be reasonable, and also those costs, expenses and attorneys\' fees\nincurred in any appellate, bankruptcy and post-judgment proceedings, except as limited or prohibited by applicable\nlaw.\n21. Change of Name, Address or Employment. You will notify the Credit Union immediately in writing if your\nname, home address, email address, telephone number, or employment changes.\n22. Updating and Disclosing Financial Information. We may report your performance under this Agreement\nto consumer reporting agencies and secure follow-up consumer reports on you for any legitimate business reason,\nincluding if you fail to make your minimum payments on time. We can reinvestigate and reevaluate any information\nyou provide on your MasterCard Application at any time, and in the course of doing so, we may ask you to provide\nadditional information, request credit bureau reports and/or otherwise verify your current credit standing.\nAccess to Account Information: You agree that all borrowers and authorized users will have access to information\nregarding transactions on your account, including but not limited to purchases and cash advances, account balances,\naccount history, payments and other information relating to or arising with regard to this account or any transaction.\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0c23. Correcting the Credit Union\'s Credit Report. If you think the Credit Union reported erroneous information\nabout you to a consumer reporting agency, call the Credit Union at the telephone number listed on your monthly\nbilling statement. Credit Union will promptly investigate the matter, contact each consumer reporting agency whose\nrecords may reflect an error and require them to correct your report if its investigation decides that you were correct. If\nCredit Union disagrees with you after the investigation, Credit Union will advise you, in writing or by phone, and\ninstruct you how to submit to those agencies a statement of your position that will become a part of your consumer\nrecord with them. The instructions will include the name, address, and phone number of each such agency, along with\nother pertinent information.\n24. Closing Your Account. Any individual cardholder without the consent of other cardholders may close your\nAccount at any time by notifying us in writing as indicated in this Agreement. Credit Union may close your account or\nsuspend your Card privileges or Convenience Checks at any time without prior notice. Credit Union may also reissue\na different Card or different checks at any time. You must return the Card or the Convenience Checks to the Credit\nUnion upon request. You agree that the Card and all Convenience Checks remain the property of Credit Union. Each\nCard we issue will have an expiration date. Upon expiration of your Card your account will automatically terminate; or\nthe Credit Union, in its sole discretion, may extend your Agreement and issue a new card with a new expiration date.\nIf your account is closed, expires or your credit privileges are terminated or suspended, you will remain responsible\nfor paying all amounts you owe us according to the terms of this Agreement. Without limiting the foregoing, the Credit\nUnion has the right to terminate your line of credit and to demand the return of all cards, access checks and other\naccess devices if the Credit Union, in its sole discretion, feels that it is insecure for any reason whatsoever; including\nbut not limited to mismanagement of your account, failing to safeguard any access device, creation of any credit\nbalances by you that may increase the risk of loss or exposure of the Credit Union or failing to cooperate with the\nCredit Union or others with regard to any claim of unauthorized use or any other defense to payment under applicable\nlaw.\n25. Changing This Agreement. The Credit Union may change the terms of this Agreement, including the Annual\nPercentage Rate, at any time. Except where limited by applicable law, the new terms, including, but not limited to,\nincreasing the finance charge or the way the Credit Union calculates finance charges, late charges, and the minimum\npayment due, will apply both to new purchases and cash advances and to the existing outstanding balance of your\naccount as of the day of the change. We reserve the right to refuse to honor any request for credit, to reduce your\ncredit limit or terminate your account at any time using our sole discretion, based on changes in the economy, the\nCredit Union\'s financial condition, your creditworthiness, or for any other reason not prohibited by law. In accordance\nwith applicable law, the Credit Union will notify you of any increased charge or change by writing to you at the most\nrecent address shown for you on the Credit Union\'s records.\n26. Delay in Enforcement/Waivers. The Credit Union may delay or waive enforcement of any of the provisions\nof this Agreement, including any agreement to make timely payments, without losing its right to enforce the same\nprovision later or any other provisions of this Agreement. You waive the right to receive notice of any waiver or delay\nor presentment, demand, protest or dishonor. You also waive any applicable statute of limitations to the full extent\npermitted by law and any right you may otherwise have to require the Credit Union to proceed against any person\nbefore suing you to collect.\n27. Additional Benefits/Card Enhancements. The Credit Union may from time to time offer additional services\nto your Account, such as travel accident insurance, purchase rewards or rebates at no additional cost to you. You\nunderstand that the Credit Union is not obligated to continue or to offer such services and may withdraw or change\nthem at any time. If these benefits are withdrawn prior to any accrued use by you, the Credit Union will have no\nobligation to provide the benefit or enhancement, or any other compensation or consideration.\n28. Cash Back Rewards. World Mastercard holders will earn cash back on all net Card purchases (purchases\nminus credits or returns) only. Cash advances and balance transfers are not considered purchases and will not earn\nrewards. Cash back rewards are redeemed in the form of a statement credit upon request at\nwww.UChooseRewards.com. The rewards balance will be displayed on the statement. Rewards do not expire, but if\nyour World Mastercard Account is closed, you will lose any rewards that have not been redeemed. There are no\ncaps on rewards.\n29. Mastercard Benefits. The World program comes with Mastercard Benefits, not listed in this Agreement. These\nbenefits are provided and governed by Mastercard and may change at any time. These benefits have their own\ndisclosures and contact information, which can be found in the MasterCard World Card Cardholder Benefits, available\nfrom Mastercard.\n30. Overdraft Protection. You can choose to link your Credit Card to your Checking account for overdraft\nprotection. To do this, you must notify us to select this option and inform us of the order in which you want your credit\ncard to act as an overdraft source. Overdraft advances will be treated as a cash advance as outlined in the Finance\nCharges section with interest accruing from the date of the overdraft advance and will not earn UChoose Rewards\npoints. If you have multiple account owners or authorized signers on your checking account, you will be responsible\nfor all advances, including interest and charges from your credit card to cover overdrafts regardless of who initiates\nthe transaction that causes the overdraft. Overdraft advances will transfer funds to your checking account in the\namount needed to cover the transaction if your credit card is in good standing and the credit available is sufficient.\nOverdraft advances may occur that cause you to exceed your credit limit. If this occurs, you agree to pay the over\nlimit amount along with any applicable payment amount.\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0c31. Additional Terms of Agreement. To the extent not prohibited by applicable law, the terms, interpretation and\nenforcement of any claim or dispute arising under this Agreement, as well as all parties\xe2\x80\x99 rights and duties, will be\ngoverned by South Carolina law regardless where you may reside or use your account. Further, this Agreement is the\ncontract which governs all transactions on your Account even though sales, cash advances, credit or other slips may\ncontain different terms. You may not transfer or assign your account or Card to any other person. The Credit Union\nmay assign or transfer this Account, your Account balance, or this Agreement to another person, who will have all of\nour rights hereunder. This Agreement is binding on your heirs and legal representatives. If there are joint borrowers, a\nguarantor or authorized users for this credit plan, each of you will have the right to use the Account to obtain loans\npursuant to the terms hereof. Any one applicant, guarantor, or authorized users elections, transactions and\ndirections to the Credit Union shall be binding upon all obligors. Each of you will be liable for all obligations\nowing on the Account whether borrowed by you or otherwise and whether within or beyond the credit limit. Further,\neach of you are responsible for all amounts borrowed by any authorized user(s). Authorized users and other users\nmay also be required to repay the amount owed for charges they make; however, you remain, at all times, primarily\nresponsible for all amounts owed. All Cards, billing statements and notices will be mailed or delivered to the address\ngiven on the application for either applicant unless you direct otherwise in writing. If any law or judicial ruling\nmakes any part, provision, sentence or section of this Agreement unenforceable, the remainder will continue\nin full force and effect. You agree that your account will also be subject to all rules and regulations of MasterCard,\nas applicable, which are incorporated herein by reference. If there is any conflict between this Agreement and the\nrules and regulations of MasterCard, the rules and regulations of MasterCard, will control, as applicable.\n32. Automatic Billing Updater (ABU). ABU is an account updating service in which your card is automatically\nenrolled. When your card(s) expire, are lost or stolen, or new cards are issued, the service may update relevant card\ndata (card numbers and expiration dates) to appropriate merchants who participate in an effort to facilitate\nuninterrupted processing of your recurring charges. If at any time you wish to opt-out of the ABU service, or if you\nhave any questions, please call 855-510-4594.\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0cYour Billing Rights\nKeep This Document for Future Use\nThis notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.\nWhat To Do If You Find a Mistake On Your Statement\nIf you think there is an error on your statement, write to us at:\nIn your letter, give us the following information:\n\xe2\x80\xa2 Account information: Your name and account number.\n\xe2\x80\xa2 Dollar amount: The dollar amount of the suspected error.\n\xe2\x80\xa2 Description of problem: If you think there is an error on your\nbill, describe what you believe is wrong and why you\nbelieve it is a mistake.\n\nCard Services \xe2\x80\x93 Dispute Center\nP.O. Box 182477\nColumbus, OH 43272-4935\nOr fax your dispute information to 678-375-6096\n\nYou must contact us:\n\xe2\x80\xa2 Within 60 days after the error appeared on your statement.\n\xe2\x80\xa2 At least 3 business days before an automated payment is scheduled, if you want to stop payment on the\namount you think is wrong.\nYou must notify us of any potential errors in writing. You may call us, but if you do we are not required to\ninvestigate any potential errors and you may have to pay the amount in question.\nWhat Will Happen After We Receive Your Letter\nWhen we receive your letter, we must do two things:\n1. Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you\nif we have already corrected the error.\n2. Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe\nthe bill is correct.\nWhile we investigate whether or not there has been an error:\n\xe2\x80\xa2 We cannot try to collect the amount in question, or report you as delinquent on that amount.\n\xe2\x80\xa2 The charge in question may remain on your statement, and we may continue to charge you interest on\nthat amount.\n\xe2\x80\xa2 While you do not have to pay the amount in question, you are responsible for the remainder of your\nbalance.\n\xe2\x80\xa2 If we made a mistake: You will not have to pay the amount in question or any interest or other fees\nrelated to that amount.\n\xe2\x80\xa2 If we do not believe there was a mistake: You will have to pay the amount in question, along with\napplicable interest and fees. We will send you a statement of the amount you owe and the date payment is\ndue. We may then report you as delinquent if you do not pay the amount we think you owe.\nIf you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that\nyou still refuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are\nquestioning your bill. We must tell you the name of anyone to whom we reported you as delinquent, and we must\nlet those organizations know when the matter has been settled between us.\nIf we do not follow all of the rules above, you do not have to pay the first $50 of the amount even if your bill is\ncorrect.\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0cYour Rights If You Are Dissatisfied With Your Credit Card Purchases\nIf you are dissatisfied with the goods or services that you have purchased with your 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\namount due on the purchase.\nTo use this right, all of the following must be true:\n1. The purchase must have been made in your home state or within 100 miles of your current mailing\naddress, and the purchase price must have been more than $50. (Note: Neither of these are\nnecessary if your purchase was based on an advertisement we mailed to you, or if we own the\ncompany that sold you the goods or services.)\n2. You must have used your credit card for the purchase. Purchases made with cash advances from an\nATM or with a check that accesses your credit card account do not qualify.\n3. You must not yet have fully paid for the purchase.\nAll requests to use this right must be submitted in writing to: Card Services-Dispute Center, P.O. Box 182477,\nColumbus, OH 43272-4935. While we investigate, the same rules apply to the disputed amount as discussed\nabove. After we finish our investigation, we will tell you our decision. At that point, if we think you owe an\namount and you do not pay, we may report you as delinquent.\nTo Report a Lost or Stolen Card or Other Access Device after hours, call:\n1-855-510-4594\n301-287-2002 (International)\nTo Close the Account: (SEND WRITTEN NOTICE)\nSouth Carolina Federal Credit Union\nP.O. Box 190012\nNorth Charleston, SC 29412-9012\n843-797-8300\n1-800-845-0432\n\nSouth Carolina Federal Credit Union\nWORLD MASTERCARD CREDIT CARD APPLICATION AND DISCLOSURE\n\nMay 1, 2021\n\n\x0cWorld Mastercard\xc2\xae Credit Card Application Disclosure\nThis Disclosure along with your World Mastercard Card Agreement governs your\nWorld Mastercard Credit Card.\nInterest Rates and Interest Charges\n\nAnnual Percentage Rate (APR) for\npurchases\n\nAPR will be 12.24% to 17.74% based on your credit worthiness. This\nAPR will vary with the market based on Prime Rate.\n\nAnnual Percentage Rate (APR) for\nbalance transfers\n\n0% introductory APR on transfers made 8/1/2021 through 9/30/2021.*\n\nAnnual Percentage Rate (APR) for\ncash advances\nHow to Avoid Paying Interest on\nPurchases\n\n17.99%\n\nAfter 9/30/2021, APR will be 12.24% to 17.74% based on your\ncredit worthiness. This APR will vary with the market based on Prime\nRate.\n\nYour due date is at least 25 days after the close of each billing cycle.\nYou will not be charged interest on purchases if your balance is paid\nin full by the due date each month. We will begin charging interest on\ncash advances and balance transfers on the transaction date.\n\nTo learn more about factors to consider when applying for or using a\nFor Credit Card Tips from the\nConsumer Financial Protection Bureau credit card, visit the website of the Consumer Financial Protection\nBureau at http://www.consumerfinance.gov/learnmore\nFees\nAnnual Fee\nTransaction Fees\nForeign Transaction\nExpedited payment fee (Speedpay)\nConvenience check stop payment fee\nBalance Transfer fee\n\nNone\nNone\n$11.00\n$35.00\n3% of each transfer\n\nPenalty Fees\nUp to $30.00\nLate Payment\nUp to $35.00\nReturned Payment\nOther Fees\n$22.00/hour\nAccount research fee\nCopy fee\n$5.00/copy\n*0% Introductory APR will apply to the balance from the balance transfer for 12 months. After 12 months,\nyour qualifying rate will apply to any remaining balance.\nHow We Will Calculate your Balance: We use a method called \xe2\x80\x9caverage daily balance (including new purchases\nand cash advances).\xe2\x80\x9d\nThe credit union will acquire a security interest in the property purchased with your credit card; and\ncollateral securing other loans with us may also secure this account.\n\nSecurity Interest in Accounts: As a condition for approval of this account, we require that you grant us a\nsecurity interest in all of your individual and joint deposit accounts which you maintain with us, both now\nand in the future, to secure your obligations to us under this account as provided in your Credit Card\nAgreement.\nBalance transfers may not be used to repay existing South Carolina Federal loan products.\nThis information was updated in May 2021, was accurate as of and subject to change after that date. Contact\nSouth Carolina Federal at 843-797-8300(Charleston) or 800-845-0432(Nationwide) to find out what may have\nchanged.\nAugust 1, 2021\n\n\x0c'