b'HSBC Elite World Elite Mastercard\xc2\xae Cardmember Agreement\n\n01/2021\n\nHSBC CARDMEMBER AGREEMENT\nPART 1 OF 2: TERMS AND CONDITIONS\n1. ABOUT THIS AGREEMENT\nPart 1 Terms and Conditions\nPart 2 Account Opening Table\nPart 1 and 2 together make your Agreement and govern your Credit Card Account with us (your \xe2\x80\x9cAccount\xe2\x80\x9d).\nThis Agreement includes an Arbitration provision. If you are a Servicemember or dependent covered by the protections of the\nMilitary Lending Act, the Arbitration provision does not apply to you.\n\n2. KEY TERMS\n\xe2\x80\x9cYou\xe2\x80\x9d and \xe2\x80\x9cyour\xe2\x80\x9d means each person who:\n\xe2\x80\xa2applied for this Account, and/or\n\xe2\x80\xa2agrees to pay for the Account.\n\xe2\x80\x9cWe,\xe2\x80\x9d \xe2\x80\x9cus,\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d means HSBC Bank USA, N.A.\n\xe2\x80\x9cAgreement\xe2\x80\x9d means Parts 1 and 2 of this document and any supplements or amendments.\n\xe2\x80\x9cCard\xe2\x80\x9d means any card, card number or other device we issue to access your Account.\n\xe2\x80\x9cAPR\xe2\x80\x9d means Annual Percentage Rate.\n\xe2\x80\x9cNetwork\xe2\x80\x9d means Visa International, Mastercard International Incorporated or other governing credit card network, as applicable.\n\n3. USING YOUR ACCOUNT\nYour card must be signed before using. When you receive this Agreement, use the Account, or sign or keep the Card, you agree\nto:\n\xe2\x80\xa2the terms of this Agreement; plus\n\xe2\x80\xa2any amendments or supplements to the Agreement.\nTYPES OF USE\nYou may use your Account for:\n\xe2\x80\xa2Purchases;\n\xe2\x80\xa2Balance Transfers;\n\xe2\x80\xa2Check Transactions;\n\xe2\x80\xa2Cash Advances.\nWe may limit the amount and/or frequency of any type of use at any time.\nCash Advance transactions are considered:\n\xe2\x80\xa2ATM withdrawals\n\xe2\x80\xa2Overdraft transactions\n\xe2\x80\xa2Checks used for purposes other than Balance Transfers\n\xe2\x80\xa2Over the counter (at bank)\n\xe2\x80\xa2Other \xe2\x80\x9ccash like\xe2\x80\x9d transactions, such as purchasing money orders, gaming transactions, or purchasing lottery tickets.\nALLOWED USE\nYou agree to:\n\xe2\x80\xa2use your Account only for lawful purposes\n\xe2\x80\xa2use your Account for only personal, family, household, or charitable purposes; and\nINTERNAL\n\n\x0c\xe2\x80\xa2repay us for all costs related to uses not allowed under this Agreement.\nYou are not allowed to use your Account:\n\xe2\x80\xa2To make payments to this credit card or any other loan payments to us or our affiliates; for unlawful internet gambling.\nIf you have given permission to use this card to someone, these transactions are not considered unauthorized and you will\nbe liable for these purchases.\nUSING THE ACCOUNT\nAt times we may:\n\xe2\x80\xa2decline a transaction if there is not enough available credit and for any other reason; and/or\n\xe2\x80\xa2require our Authorization before allowing a transaction.\nAny merchant may request to check your ID.\nWe are not liable if:\n\xe2\x80\xa2a merchant refuses your card; and/or\n\xe2\x80\xa2we do not complete your transaction for any reason.\n\n4. CREDIT LIMIT\nWhen we first send your Card, we will tell you:\n\xe2\x80\xa2the total credit limit on your Account.\n\xe2\x80\xa2the total cash advance limit on your Account.\nWe may change these limits from time to time, including:\n\xe2\x80\xa2Reduce your credit limit and/or\n\xe2\x80\xa2Suspend your access to available credit\nWhenever this occurs, we will notify you:\n\xe2\x80\xa2on your billing statement; and/or\n\xe2\x80\xa2by sending a notice.\nYou agree to:\n\xe2\x80\xa2Keep your Account balance (which includes interest and other charges) within your credit limit; and\n\xe2\x80\xa2Pay any over limit amount that might occur.\nYour available credit may not reflect your payments for up to 14 days. If a transaction exceeds your available credit, we may\ndecline it.\n\n5. INTEREST RATES\nABOUT YOUR APRs\nYour APRs are shown in Part 2.\nA Daily Periodic Rate is used to determine your Interest Charges in any billing cycle. To determine this rate, we divide your\nAPR by 365; then round this number up to the next hundred thousandth of a percentage point.\nPROMOTIONAL OR INTRODUCTORY APR\nWe may offer you special Promotional or Introductory APRs from time to time. If we do, we will tell you:\n\xe2\x80\xa2The eligible transaction types;\n\xe2\x80\xa2how long this APR will last; and\n\xe2\x80\xa2any other special terms of the offer.\nHOW A VARIABLE RATE MAY CHANGE\nYour variable APRs can change with each monthly billing cycle.\nWe will apply each APR to the applicable balance for each type of Transaction. Each variable APR will be equal to:\n\nINTERNAL\n\n\x0ca) the amount shown in Part 2 (\xe2\x80\x9cSpread\xe2\x80\x9d); plus\nb) the U.S. \xe2\x80\x9cPrime Rate\xe2\x80\x9d as defined below.\nThe Prime Rate will be as shown in the Money Rates table of The Wall Street Journal that is in effect on the last day of the\nmonth.\nAny changes in the Prime Rate will take effect on the first day of your billing cycle beginning in the next month.\nAn increase in the U.S. Prime Rate will increase your Daily Periodic Rate (\xe2\x80\x9cDPR\xe2\x80\x9d). It may also increase your:\n\xe2\x80\xa2Interest Due; and/or\n\xe2\x80\xa2Minimum Payment Due.\nABOUT THE PENALTY APR\nHSBC Elite World Elite Mastercard\xc2\xae, HSBC Premier World\nMastercard\xc2\xae, HSBC Advance Mastercard\xc2\xae, HSBC Cash\nRewards Mastercard\xc2\xae, HSBC Platinum Mastercard\xc2\xae, HSBC\nPlatinum with Rewards Mastercard\xc2\xae, HSBC Cash Rewards\nMastercard\xc2\xae Student Account.\n\nPenalty APR will apply to\nboth new and existing transactions. We review\nyour Account every 6 months after the Penalty APR is applied.\nThe Penalty APR will continue to apply until after you have\nmade timely payments during the 6 months being reviewed.\n\nHSBC Gold Mastercard\xc2\xae\n\nPenalty APR does not apply\n\n6. INTEREST CHARGES\nHOW INTEREST CHARGES ARE CALCULATED\nTo determine your periodic Interest Charges on each billing statement, we:\n\xe2\x80\xa2 Determine the Average Daily Balance for each type of transaction; (for example, purchases, balance transfers, and\ncash advances); then\n\xe2\x80\xa2 Multiply this number by the applicable DPR: then\n\xe2\x80\xa2 Multiply this number by the total number of days in the billing cycle.\nWe use the applicable DPR in effect on the billing statement closing date.\nHOW DAILY BALANCE IS DETERMINED\nTo determine your Daily Balance, we:\n\xe2\x80\xa2 Take the beginning balance for each type of transaction that day; then\n\xe2\x80\xa2 Add the following that were incurred on that day:\na) Any new transactions;\nb) Any previous day\xe2\x80\x99s periodic Interest Charges;\nc) Any Finance Charges; and\nd) Any fees and charges, then\n\xe2\x80\xa2 Subtract any payments and/or credits.\nWe also make any needed adjustments. For example:\n\xe2\x80\xa2 If a transaction posts after, but occurs before the start of a billing cycle, we may adjust the amount above to include\nthis transaction. It will be included as of the first day of the billing cycle in which it posts.\n\xe2\x80\xa2 If your Account is subject to a grace period during the billing cycle, your payments will be subtracted from all Daily\nBalances in the current billing cycle.\n\xe2\x80\xa2 If a transaction for a returned payment or a dispute resolved in our favor posts after the beginning of the billing cycle,\nwe will make this adjustment:\nThe applicable Daily Balance(s) and any related Interest Charge calculations will be adjusted to include the transaction\n\nINTERNAL\n\n\x0camount as of the date of the original payment or transaction.\nTo calculate your Average Daily Balance, we:\n\xe2\x80\xa2 Add the Daily Balances for each day of the billing cycle; then\n\xe2\x80\xa2 Divide this total by the number of days in the billing cycle.\nPAYING INTEREST\nYour due date is at least 25 days after the close of each billing cycle. Your Account has a grace period on purchases. We\nwill not charge you interest on new purchases if you pay your previous non-promotional balance including fees and Interest\nCharges, by the due date each month. We will begin charging interest on cash advances and balance transfers on the\ntransaction date, unless, under the terms of the promotional offer, no interest will accrue during the promotional offer\nperiod, provided your account remains in good standing. However, no Interest will be charged on new purchase for any\nbilling cycle when:\n\xe2\x80\xa2 You paid your entire non-promotional balance plus any fees and finance charges in the previous month on time; and\n\xe2\x80\xa2 You pay your entire current month\xe2\x80\x99s non-promotional balance plus any fees and finance charges on time as well.\n\n7. PAYMENTS\nPROMISE TO PAY\nYou promise to pay for all:\n\xe2\x80\xa2credit we extend; plus\n\xe2\x80\xa2Interest Charges and other fees or charges; plus\n\xe2\x80\xa2collection costs and attorney fees as allowed by law.\nIf your Account is a joint Account, each of you is jointly and individually responsible for amounts due. This remains true in\nthe event of death, divorce or other events that affect liability between you and the other person.\nIf any joint Account holder requests to not be liable for future transactions, we may close the Account.\nHOW WE APPLY PAYMENTS\n\xe2\x80\xa2When you make a payment, we apply the Minimum Payment Due to the balance on your monthly statement with the\nhighest APR first.\n\xe2\x80\xa2Payment amounts in excess of your Minimum Payment Due will be applied to balances with higher APRs before\nbalances with lower APRs.\n\xe2\x80\xa2We apply payments to balances appearing on your monthly billing statement before being applied to new\ntransactions. An example of a new transaction is a recent purchase or cash advance that has not yet been included in\nthe New Balance as shown on your statement.\nIf you do not pay your non-promotional balance in full each month, you may not be able to avoid interest charges on new\npurchases.\nMINIMUM PAYMENT DUE\nYour Minimum Payment Due each billing cycle will be as follows:\n1. If your New Balance is $25 or less, your Minimum Payment Due is equal to your New Balance.\n2. If your New Balance is more than $25, your Minimum Payment Due is equal to any amount past due, plus the greater\nof:\na) $25\nb) 1% of your New Balance; plus\n--Billed Late Payment Fees plus\n--Billed Interest Charges\nUnless your Minimum Payment Due is equal to your new Account balance, it will be rounded up to the nearest dollar.\n\nINTERNAL\n\n\x0cWHEN AND HOW TO PAY\nYou agree to:\n\xe2\x80\xa2Pay at least the Minimum Payment Due as shown on your billing statement, and described in this Agreement.\n\xe2\x80\xa2Make this payment in time to be credited by no later than the Payment Due Date.\nIf you wish, you may pay more than the Minimum Payment Due or the entire balance at any time.\nPayments must be:\n\xe2\x80\xa2made in U.S. dollars; and\n\xe2\x80\xa2paid from a U.S. financial institution, and sent in a form that is acceptable to us.\nAcceptable forms of payment include:\n\xe2\x80\xa2a check or money order; or\n\xe2\x80\xa2an electronic funds transfer.\nIf you want to write any special conditions on your payment, such as \xe2\x80\x9cpaid in full\xe2\x80\x9d, \xe2\x80\x9cwithout recourse\xe2\x80\x9d, or similar language,\nyou must mark this clearly on your payment. Send this payment to the address noted on your statement as the \xe2\x80\x9cBilling\nInquiry\xe2\x80\x9d address.\nUnless you follow the above directions, we may accept apayment marked with special conditions and not agree to those\nconditions, and will not lose any of our rights.\nBy sending us a check for payment on your Account, you authorize us either to:\n\xe2\x80\xa2use information from your check to initiate an electronic fund transfer from your payment account according to the\nterms of the check; or\n\xe2\x80\xa2to process this transaction as a check.\nWhen we use your check to make an electronic funds transfer:\n\xe2\x80\xa2funds may be withdrawn from your payment account the same day we receive your payment: and\n\xe2\x80\xa2you will not receive your check back from your bank.\nWhen you use our optional payment by phone service, you agree that:\n\xe2\x80\xa2we may make an electronic funds transfer from the bank account you choose; or\n\xe2\x80\xa2we may process the payment the same way we would process a check.\nYou authorize the amount and timing of each payment. Please retain this authorization for your records.\nIf your payment is returned:\n\xe2\x80\xa2the amount you paid will be reversed back to your Account and may be applied to a different category than originally\nposted; and\n\xe2\x80\xa2Interest Charges may be restored back to the payment date at the APR for that transaction.\n\n8. FEES\nTREATMENT OF FEES\nFees are listed on the Account Opening Table in Part 2 of the Cardmember Agreement.\nAny fees will be added to your purchase balance unless otherwise stated in this Agreement.\nMINIMUM INTEREST CHARGE\nIf you are charged Interest, the charge will be no less than the Minimum Interest Charge listed in Part 2. The Minimum\nInterest Charge will be Allocated to each balance category subject to an Interest Charge.\nBALANCE TRANSFER FEE\nApplies to balance transfer and check transactions; and is assessed as of the date the balance transfer or check transaction\nposts to your Account. This fee is a finance charge. We will add it to the same balance as the balance transfer or check.\nCHECK FEE\nApplies to checks written for other purposes than Balance Transfers. We assess this fee as of the date the check posts to\nINTERNAL\n\n\x0cyour Account. This fee is added to the same balance as the check transaction, and is considered a Finance Charge.\nCASH ADVANCE FEE\nApplies to cash advance transactions; and is assessed as of the date the cash advance transaction posts to your Account.\nThis fee is a Finance Charge. We will add it to the same balance as the cash advance.\nOVERDRAFT TRANSACTION FEE\nOverdraft transfers to your eligible HSBC deposit account from your credit card account will be a Cash Advance transaction\nunder your Cardmember Agreement. Transfers will be subject to the terms of both your Cardmember Agreement and the\nTerms & Charges Disclosures governing your HSBC deposit account. In the event that your deposit account has insufficient\nfunds, we will automatically transfer funds rounded to the next full dollar amount. Your HSBC Credit Card Account will\ncover any overdraft on your deposit account, as long as the credit available on your HSBC Credit Card Account is sufficient\nand you are not in default under your Cardmember Agreement.\nThe overdraft fee is computed based on the amount of each overdraft transaction. This fee is a Finance Charge. We will\nadd it to the same balance as the overdraft.\nANNUAL FEE\nIf your Account has an annual fee, you agree this fee is charged to your Account every year your Account is open. We will\npost a reminder message on your billing statement a month prior to the Annual Fee being assessed.\nHow you can avoid paying an Annual Fee\n\xe2\x80\xa2Maintain relationship requirements as outlined in Part 2 of the Cardmember Agreement.\n\xe2\x80\xa2You may be able to product transfer your credit card to another HSBC Mastercard\xc2\xae credit card product. Product\ntransfer may result in a change to your APRs and Fees and the loss of eligibility in the Rewards Program. Any\naccumulated Rewards Program Points will be transferred to your new HSBC Mastercard\xc2\xae credit card Account, if the\nHSBC Mastercard\xc2\xae credit card you choose has a Rewards Program.\n\xe2\x80\xa2Close your Premier World, Elite World Elite or Advance Mastercard\xc2\xae credit card Account. If your Account is closed you\nwill not be able to use your Account for new transactions and you will forfeit all your Rewards Program Points as of\nthe date the Account is closed.\n\xe2\x80\xa2Conditions for Annual Fee Reversals\n\xe2\x80\xa2If you have not used your Account and you close your Account within 90 days of when the Annual Fee was assessed,\nthe Annual Fee will be refunded (if paid) or reversed.\n\xe2\x80\xa2If the only balance on your Account is the Annual Fee and you do not pay the Annual Fee within 90 days from the\nPayment Due Date on which the said Annual Fee was payable,the Annual Fee will be credited and your Account will\nbe closed.\n\xe2\x80\xa2If you close your Account before the Payment Due Date on the billing statement on which the Annual Fee is assessed,\nthe Annual Fee will be refunded (if paid) or reversed. If your Account is closed, you must pay the balance according to\nthe terms of this Agreement.\n\xe2\x80\xa2For Premier World and Advance Mastercard\xc2\xae Accounts if you are assessed an Annual Fee and have paid it in full and\nsubsequently hold a qualifying U.S. HSBC Advance or Premier (which includes Jade) checking account relationship,\nthe prorata portion of any paid Annual Fee will be refunded to you.\nLATE PAYMENT FEE\nFor the HSBC Gold Mastercard, for each calendar year, the Late Payment Fee will be $0 for the first late payment, $28 for\nthe second late payment, and $39 for each subsequent late payment within that calendar year. For all other cards, the Late\nPayment Fee is $28, except that the Late Payment Fee will increase to $39 for each subsequent late payment, and the Late\nPayment Fee will reset to $28 after you make 6 consecutive on-time payments. This fee will not exceed the amount of your\nMinimum Payment Due.\nRETURNED PAYMENT FEE\nIt is charged each time a check or other form of payment to us is returned or not honored. The Returned Payment Fee will\nnot exceed the amount of your Minimum Payment Due.\nCOPY REQUEST FEE\nA fee may be charged each time a copy of a document is requested. The fee amount will be disclosed at the time of your\nrequest.\n\nINTERNAL\n\n\x0cFEES AND LIMITS\nThe fees that apply to your Account are shown in the purchase balance unless otherwise stated in this Agreement.\nIf charging any fee shown in Part 2 would exceed first-year fee limits set by law, we may charge an amount allowed by\nlaw. If we do this, it does not affect our ability to charge the full fee amount later.\n\n9. TRANSACTIONS MADEIN FOREIGN CURRENCIES\nIf you make a transaction in a foreign currency, the transaction will be converted by the Network, into a U.S. dollar amount\nin accordance with its operating regulations or conversion procedures in effect at the time the transaction is processed. The\ncurrency conversion rate in effect on the processing date may differ from the rate in effect on the transaction or posting\ndate. The Network may change the procedures, from time to time, at its own discretion.\n\n10. YOUR BILLING RIGHTS\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:\nHSBC Bank USA, N.A. PO Box 9, Buffalo, NY 14240 or at the address shown on your billing statement.\nIn your letter, give us the following information:\n\xe2\x80\xa2Account information: Your name and account number.\n\xe2\x80\xa2Dollar amount: The dollar amount of the suspected error.\n\xe2\x80\xa2Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you\nbelieve it is a mistake.\nYou must contact us:\n\xe2\x80\xa2Within 60 days after the error appeared on your statement.\n\xe2\x80\xa2At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you\nthink 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 investigate any\npotential 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:\n\xe2\x80\xa2Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you if we have\nalready corrected the error.\n\xe2\x80\xa2Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is\ncorrect.\nWhile we investigate whether or not there has been an error:\n\xe2\x80\xa2We cannot try to collect the amount in question, or report you as delinquent on that amount.\n\xe2\x80\xa2The charge in question may remain on your statement, and we may continue to charge you interest on that amount.\n\xe2\x80\xa2While you do not have to pay the amount in question, you are responsible for the remainder of your balance.\n\xe2\x80\xa2We can apply any unpaid amount against your credit limit.\nAfter we finish our investigation, one of two things will happen:\n\xe2\x80\xa2If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that\namount.\n\xe2\x80\xa2If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest\nand fees. We will send you a statement of the amount you owe and the date payment is due. We may then report you\nas 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 you still\nrefuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are questioning your bill.\n\nINTERNAL\n\n\x0cWe must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know\nwhen 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 you question even if your billis\ncorrect.\nYour 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 tried in\ngood faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the\npurchase.\nTo use this right, all of the following must be true:\n\xe2\x80\xa2The purchase must have been made in your home State or within 100 miles of your current mailing address, and the\npurchase price must have been more than $50. (Note: Neither of these are necessary if your purchase was based on\nan advertisement we mailed to you, or if we own the company that sold you the goods or services.)\n\xe2\x80\xa2You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a\ncheck that accesses your credit card account do not qualify.\n\xe2\x80\xa2You must not yet have fully paid for the purchase.\nIf all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:\nHSBC Bank USA, N.A. PO Box 9, Buffalo, NY 14240\nWhile we investigate, the same rules apply to the disputed amount as decision. After we finish our investigation, we will tell\nyou our decision. At that point, if we think you owe an amount and you do not pay, we may report you as delinquent.\n\n11. CREDIT REPORTING\nYou agree that we may obtain and use credit information about you from others such as:\n\xe2\x80\xa2 merchants or stores;\n\xe2\x80\xa2 other lenders;\n\xe2\x80\xa2 consumer reporting agencies.\nIf you fail to meet the terms of this Agreement, we may send a negative report to consumer reporting agencies.\nIf you believe we have reported inaccurate information about your Account to any consumer reporting agency, you should:\n\xe2\x80\xa2 Notify us and ask us to correct the inaccurate information by writing to us at\nHSBC Bank USA, N.A., PO Box 9, Buffalo, NY 14240.\nWhen you write to us, please include:\n\xe2\x80\xa2 your Account number; and\n\xe2\x80\xa2 the specific information you believe is not correct; and why you believe it is not correct.\n\n12. AUTHORIZED USERS\nYou may request to add one or more Authorized Users to your Account. If your request is granted, you are responsible for\nall charges made by your Authorized Users.\nHSBC Cash Rewards Mastercard\xc2\xae credit card Student Accounts do not qualify for Authorized Users.\nTo revoke another person\xe2\x80\x99s permission to use your Account, you must:\n\xe2\x80\xa2notify us; and\n\xe2\x80\xa2retrieve and destroy any Cards, checks or other Account access devices from that person.\nWe may provide information about this Account to credit reporting agencies for both the Cardmembers and Authorized\nUsers, if any.\n\n13. CHANGE OF TERMS\nWe may change this Agreement as allowed by applicable law. This may include changing, adding, or removing terms. We\n\nINTERNAL\n\n\x0cmay do this in response to legal, business, competitive environment or other reasons not listed here.\nWe may increase the APR on existing balances in limited circumstances. Changes to some terms may require at least 45\ndays advance notice, and we will tell you in the notice if you have the right to reject a change. We cannot change certain\nterms during the first year of your Account.\n\n14. ACCOUNT CLOSURE AND DEFAULT\nCARDMEMBER INITIATED ACCOUNT CLOSURE\nYou can close your Account at any time by:\n\xe2\x80\xa2calling the number on the back of your Card; or\n\xe2\x80\xa2mailing your request to the \xe2\x80\x9cBilling Inquiries\xe2\x80\x9d address noted on your billing statement.\nOnce you close the Account:\n\xe2\x80\xa2you will no longer be able to make transactions.\n\xe2\x80\xa2you must destroy your Card(s) and any unused credit card checks; and\n\xe2\x80\xa2you will still be responsible for all amounts owed according to the terms of this Agreement.\n\xe2\x80\xa2If you are enrolled in a Rewards Program, and you close your Account you will forfeit all your Rewards Program Points\nearned as of the date the Account is closed.\nHSBC INITIATED ACCOUNT CLOSURE\nAt any time, for any reason, HSBC may take any of these actions subject to applicable law:\n\xe2\x80\xa2close your Account; and/or\n\xe2\x80\xa2not renew your Card.\nIf HSBC closes your Account:\n\xe2\x80\xa2you agree to destroy your Card(s) and any unused credit card checks.\n\xe2\x80\xa2the terms of this Agreement still apply to Account balances until your Account is paid in full.\n\xe2\x80\xa2you will not be able to use your Account for new transactions and you will forfeit all your Rewards Program Points as\nof the date the Account is closed.\n\xe2\x80\xa2we reserve the right to close your Account if it is inactive.\nACCOUNT DEFAULT\nWe may consider your Account to be in Default if you:\n\xe2\x80\xa2fail to make the Minimum Payment Due when due;\n\xe2\x80\xa2exceed your credit limit;\n\xe2\x80\xa2become the subject of bankruptcy proceedings, foreclosure, repossession, lien or judgment, garnishment, or\nattachment;\n\xe2\x80\xa2give us misleading, false, or incomplete information;\n\xe2\x80\xa2fail to give us a current physical address when you apply and whenever you move;\n\xe2\x80\xa2make payments to us that are returned unpaid by your bank or other financial institution; or\n\xe2\x80\xa2write any credit card checks that are returned unpaid by us;\n\xe2\x80\xa2default under this or any other agreement or security agreement you have with us or one of our affiliates; and/or\nbecome incompetent or deceased.\nIf we incur any costs to collect your balance owed, including any attorney fees, we may charge you for these costs as\npermitted by applicable law, and we will apply your payments first to these costs.\n\n15. MISCELLANEOUS\nLOST OR STOLEN CARD/CHECKS\nYou agree to notify us immediately if:\n\xe2\x80\xa2your Card or credit card checks are lost or stolen; or\n\nINTERNAL\n\n\x0c\xe2\x80\xa2your Account is used without your permission.\nYou may call at any time. The phone number is listed on your billing statement.\nRECURRING BILL PAYMENTS\nIf you authorize any company to bill charges on a recurring basis to your Account, we may provide the company with\ninformation about your:\n\xe2\x80\xa2Account number;\n\xe2\x80\xa2Account status; and\n\xe2\x80\xa2Account expiration date.\nYou must notify the company when and if you no longer want to allow them to charge your Account. If you default with us\nor if we change your Account or Account number for any reason:\n\xe2\x80\xa2we may refuse or suspend future recurring charges; and you must set up the recurring charges again and/or make\nother payment arrangements with the company.\nUPDATING YOUR RECORDS\nYou agree:\n\xe2\x80\xa2to give us prompt advance notice of any change in your name, mailing address, phone number, or employer;\n\xe2\x80\xa2to promptly give us accurate financial information about you if we ask for it; and\n\xe2\x80\xa2the Department of Motor Vehicles or similar agency may release may release your home address to us if we ever need\nto locate you.\nVOICE CALL/TEXT MESSAGING COMMUNICATIONS\nBy providing your phone number(s), you give affiliates, our service providers and us permission to contact you by voice call\nor via text message (SMS); either using an autodialing system and/or using prerecorded voice. You do not need to agree\nto receive these calls or texts in order to receive HSBC products or services. You may opt out of receiving autodialed or\nprerecorded callsor texts.\nMONITORING PRACTICES\nYou agree that we may listen to and record phone calls between you and our representatives.\nACCOUNT ASSIGNMENT\nWe may sell, assign or transfer all or any part of your Agreement and Account without notice to you. You may not sell,\nassign or transfer your Account.\nWAIVERS\nIf we delay or take no action allowed under this Agreement, for any reason, we will not lose or limit any of our rights under\nthis Agreement on any other occasion.\nSEVERABILITY\nIf a term is found to be invalid under any applicable law, rule or regulation, then all other terms of this Agreement will\nremain valid.\nAPPLICABLE LAWS\nThis Agreement is governed by Virginia law (without regard to its conflict of laws principles) and federal law.\nWe make our credit decisions and extend credit to you under this Agreement from Virginia. This Agreement is:\n\xe2\x80\xa2entered into in Virginia; and maintained in Virginia.\nThis is true whether or not you use your Card in Virginia.\n\n16. ARBITRATION\nPLEASE READ THIS ARBITRATION PROVISION CAREFULLY. IF YOU DO NOT WANT DISPUTES TO BE RESOLVED\nTHROUGH ARBITRATION, YOU MUST FOLLOW THE INSTRUCTIONS FOR REJECTING ARBITRATION NOTED BELOW.\nIF ARBITRATION IS CHOSEN BY ANY PARTY, NEITHER YOU NOR WE WILL HAVE THE RIGHT TO HAVE A CLAIM\nHEARD IN COURT OR HAVE A JURY TRIAL ON THE CLAIM. IN ADDITION, YOU AND WE WILL NOT HAVE THE RIGHT\n\nINTERNAL\n\n\x0cTO PARTICIPATE IN A CLASS ACTION AS A REPRESENTATIVE OR MEMBER OF A CLASS. ARBITRATION PROCEDURES\nARE GENERALLY SIMPLER THAN THE RULES THAT APPLY IN COURT, AND DISCOVERY IS MORE LIMITED. THE\nARBITRATOR\xe2\x80\x99S DECISIONS ARE AS ENFORCEABLE AS ANY COURT ORDER AND ARE SUBJECT TO VERY LIMITED\nREVIEW BY A COURT. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR\xe2\x80\x99S DECISION WILL BE FINAL AND BINDING.\nOTHER RIGHTS YOU OR WE WOULD HAVE IN COURT MAY ALSO NOT BE AVAILABLE IN ARBITRATION.\nIF YOU ARE COVERED BY THE PROTECTIONS OF THE MILITARY LENDING ACT, THIS ARBITRATION PROVISION DOES\nNOT APPLY TO YOU.\nDEFINITIONS\nIn this Arbitration provision, \xe2\x80\x9cwe\xe2\x80\x9d, \xe2\x80\x9cus\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d includes any corporate parents, successors, affiliates, assigns or\nrelated persons or entities. This Arbitration provision may also be enforced by any party named as a co-defendant with\nus in a Claim asserted by you. \xe2\x80\x9cClaim\xe2\x80\x9d means any past, current or future claim, dispute or controversy, whether known\nor unknown, arising from or relating to your Account, your application for an account, this Agreement or the relationship\nbetween you and us. If you have signed an Overdraft Protection Loan Agreement linking one or more checking accounts\nto your Account to provide overdraft protection, \xe2\x80\x9cClaim\xe2\x80\x9d also includes any past, current or future claim, dispute or\ncontroversy, whether known or unknown, arising from or relating to the Overdraft Protection Loan Agreement and related\nlinked checking account transactions. \xe2\x80\x9cClaims\xe2\x80\x9d include any Claims related to advertising, debt collection or credit reporting\nand any Claim by or against any of our agents or any third parties. \xe2\x80\x9cClaims\xe2\x80\x9d include but are not limited to initial claims,\ncross-claims, counterclaims and third-party claims. \xe2\x80\x9cClaims\xe2\x80\x9d include but are not limited to Claims based in tort, contract,\nfraud, common law, equity, statutes and regulations of any kind.\nCLAIMS SUBJECT TO ARBITRATION\nEither you or we may require that any Claim be submitted to arbitration, except that: (1) only a court may decide any\ndispute about the validity, enforceability or scope of this Arbitration provision; however, any dispute or controversy that\nconcerns the validity or enforceability of the Agreement as a whole is for the arbitrator to decide; and (2) Claim that you\nor we file in a small claims court or your state\xe2\x80\x99s equivalent court is not subject to arbitration as long as the Claim is an\nindividual Claim pending in that court.\nYou or we may demand to arbitrate any Claim at any time unless it has been filed in court and trial has begun or final\njudgment has been entered. Either you or we may delay enforcing or not exercise rights under this Arbitration provision,\nincluding the right to arbitrate a Claim, without waiving the right to exercise or enforce those rights.\nLIMITATIONS ON ARBITRATION\nCLAIMS MAY ONLY BE ARBITRATED ON AN INDIVIDUAL BASIS. CLAIMS MAY NOT BE ARBITRATED ON A CLASS\nACTION BASIS, ON A PRIVATE ATTORNEY GENERAL BASIS, ON A REPRESENTATIVE BASIS OR ON BEHALF OF THE\nGENERAL PUBLIC.\nTHE ARBITRATOR\xe2\x80\x99S AUTHORITY IS LIMITED TO CLAIMS BY OR AGAINST YOU AND US ALONE. CLAIMS MAY NOT\nBE JOINED OR CONSOLIDATED UNLESS YOU AND WE AGREE IN WRITING. THE ARBITRATOR MAY NOT AWARD\nINJUNCTIVE OR OTHER RELIEF THAT IS FOR THE BENEFIT OF THE GENERAL PUBLIC.\n(SEE THE \xe2\x80\x98CONTINUATION\xe2\x80\x99 SECTION BELOW FOR SPECIAL PROCEDURES THAT APPLY TO A CLAIM SEEKING PUBLIC\nINJUNCTIVE RELIEF).\nHOW TO START AN ARBITRATION\nTo start an arbitration, contact the American Arbitration Association (\xe2\x80\x9cAAA\xe2\x80\x9d) (1-800-778-7879, adr.org). AAA will administer\nthe arbitration unless you and we agree in writing to use a different arbitration administrator or a different administrator is\nappointed by a court.\nARBITRATION PROCEDURES\nThis Arbitration provision is governed by the Federal Arbitration Act, 9 U.S.C. \xc2\xa7\xc2\xa7 1-16 (the \xe2\x80\x9cFAA\xe2\x80\x9d). Virginia law shall apply\nto the extent state law is relevant under the FAA. The administrator\xe2\x80\x99s rules that are in effect when a Claim is filed will apply\nunless those rules conflict with this Arbitration provision. The arbitrator will apply applicable substantive law, consistent\nwith the FAA, statutes of limitations and privileges. The arbitrator will not apply any federal or state rules of civil procedure\nor evidence. Subject to the Limitations on Arbitration section above, the arbitrator may award any relief available in court\non an individual claim consistent with the constitutional standards applicable in judicial proceedings. The arbitration will\nbe confidential, but you may notify any government authority of your claim. If your claim is for $10,000 or less, you may\nchoose whether the arbitration will be conducted solely based on documents, through a telephonic hearing or by an inperson hearing. At any party\xe2\x80\x99s request, the arbitrator will offer a brief written explanation of the award. The arbitrator\xe2\x80\x99s\n\nINTERNAL\n\n\x0caward will be final and binding, except for any right of appeal provided by the FAA; however, any party will have 30 days\nto appeal the award by notifying the arbitration administrator and all parties in writing. The administrator will appoint a\nthree-arbitrator panel to decide anew, by majority vote based on written submissions, any aspect of the decision objected\nto. Judgment upon any award may be entered in any court with jurisdiction. No arbitration award involving the parties will\nhave any preclusive effect as to issues or claims in any dispute involving anyone who is not a party to the arbitration, nor\nwill an arbitration award in prior disputes involving other parties have preclusive effect in an arbitration between the parties\nto the Arbitration provision. An arbitration award and any judgment confirming it cannot be used in any case or arbitration\nexcept to enforce the award. Arbitration hearings will take place by telephone or in the federal judicial district where you\nlive.\nARBITRATION FEES AND COSTS\nYou will be responsible for paying your share of any arbitration fees (including filing, administrative, arbitrator hearing or\nother fees), but only up to the amount of the filing fees you would have incurred if you had brought a claim in court. We\nwill be responsible for any additional Arbitration fees. At your written request, we will consider in good faith making a\ntemporary advance of your share of any arbitration fees.\nINSTRUCTIONS FOR REJECTING ARBITRATION\nYou may reject this Arbitration provision. To do so, you must send a written notice to us stating that you reject arbitration.\nYour rejection notice must be signed by you and include your name, address and Account number. Your letter notifying us\nthat you reject this Arbitration provision must be postmarked within 60 days of the Account Opening Date. If you do not\nknow your Account Opening Date, please call the number listed on the back of your card to obtain the date.\nYou must mail your rejection notice to HSBC Bank, N.A. P.O. Box 9, Buffalo, NY 14240. This is the only way that\nyou can reject this Arbitration provision. If you reject this Arbitration provision, all other parts of the Agreement will\ncontinue to apply. Rejecting this Arbitration provision has no effect on any other agreements.\nCONTINUATION\nThis Arbitration provision will survive termination of your Account, voluntary payment of your Account balance, any legal\nproceeding to collect a debt, any bankruptcy and any sale of your Account. If any portion of this Arbitration provision is\ndeemed invalid or unenforceable, the remaining portions of this Arbitration provision will still apply, except that:\n(a) If a court determines that the \xe2\x80\x9cLimitations on Arbitration\xe2\x80\x9d section above is unenforceable with respect to a Claim that\ndoes not seek public injunctive relief and all appeals from that ruling have been exhausted, then this Arbitration provision\n(other than this sentence) will be null and void in its entirety; and\n(b) If a court determines that the \xe2\x80\x9cLimitations on Arbitration\xe2\x80\x9d section above is unenforceable with respect to a Claim that\nseeks public injunctive relief and all appeals from that ruling have been exhausted, then the Claim seeking public injunctive\nrelief will be determined in court and any individual claims seeking monetary relief will be arbitrated, in which case the\nparties will ask the court to stay the claim seeking public injunctive relief until the arbitration award pertaining to individual\nrelief has been entered in court.\n\n17. MILITARY LENDING ACT\nFederal law provides important protections to members of the Armed Forces and their dependents relating to extensions\nof consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent\nmay not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or\naccount: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit\ntransaction; any application fee charged (other than certain application fees for specified credit transactions or accounts);\nand any participation fee charged (other than certain participation fees for a credit account). To hear this disclosure over the\nphone, please call our toll-free number, 866.258.9078.\n\nINTERNAL\n\n\x0c01/2021\n\nACCOUNT OPENING TABLE\nHSBC Elite World Elite Mastercard\xc2\xae credit card\nInterest Rates and Interest Charges\nAnnual Percentage\nRate (\xe2\x80\x9cAPR\xe2\x80\x9d) for Purchases\n\n14.99% to 18.99%, based on your credit worthiness.\nThese APRs will vary with the market based on the Prime Rate.\n\nAPR for Balance Transfers\n\n14.99% to 18.99%, based on your credit worthiness.\nThese APRs will vary with the market based on the Prime Rate.\n\nAPR for Cash Advances\n\n24.99%\nThis APR will vary with the market, based on the Prime Rate.\n\nPenalty APR and\nWhen it Applies\n\n29.99%\nThis APR will vary with the market based on the Prime Rate.\nThis APR may be applied to your Account if you:\n(1) Make a late payment; or,\n(2) Make a payment that is returned.\nHow Long Will The Penalty APR Apply?: If your APRs are increased for either of the above reasons, the\nPenalty APR may apply indefinitely.\nPlease refer to your Cardmember Agreement Part 1 of 2 for further details.\n\nPaying Interest\n\nWe will not charge interest on new purchases if you pay your previous non-promotional balance, including\nfees and finance charges, by the due date each month. We will charge interest on cash advances, balance\ntransfers and check transactions on the transaction date. See Section 7 of your Cardmember Agreement\nfor more details.\n\nMinimum Interest Charge\n\nIf you are charged interest, the charge will be no less than $1.00.\n\nFor Credit Card Tips from\nthe Consumer Financial\nProtection Bureau\n\nTo learn more about factors to consider when applying for or using a credit card,\nvisit the website of the Consumer Financial Protection Bureau at\nhttp://www.consumerfinance.gov/learnmore.\n\nFees\nAnnual Fee\nTransaction Fees\n\xe2\x80\xa2 Balance Transfer\n\xe2\x80\xa2 Check\xc2\xa0\xc2\xa0\n\n\xe2\x80\xa2 Cash Advance\n\xe2\x80\xa2 Overdraft Transaction\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n\xe2\x80\xa2 Return Payment\n\n$395; each authorized user $65 per year\n$0 For customer who have a qualifying U.S. HSBC Jade or Private Bank account relationship1\nEither $10 or 4%, whichever is greater, will apply on each balance transfer.\nEither $10 or 4%, whichever is greater, will apply on each check written for purposes other than a balance\ntransfer.\nEither $10 or 5%, whichever is greater, will apply on each cash advance transaction.\nEither $10 or 5%, whichever is greater, will apply on the overdraft amount.\nUp to $39\nUp to $39\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9caverage daily balance (including new purchases).\xe2\x80\x9d See your\nCardmember Agreement for more details.\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardmember Agreement\nPart 1 of 2.\nAll rates disclosed below are as of 01/01/2021.\nPrime Rate: Variable APRs are based on the 3.25% Prime Rate as of 01/01/2021.\nHow We Calculate Your Variable Rates: Your APRs are equal to the U.S. Prime Rate plus the following Spreads: Purchase APR: 11.74%;\nBalance Transfer APR: 11.74%; Cash Advance APR: 21.74%; Penalty APR: 26.74%.\nDaily Periodic Rates Used to Calculate Your Interest: Purchase DPR: 0.04107%; Balance Transfer DPR: 0.04107%;\nCash Advance DPR: 0.06847%; Penalty DPR 0.08216%.\nJADE AND PRIVATE BANKING: If your relationship with HSBC Bank USA, N.A. no longer meets relationship requirements the annual fee will\nbe assessed. Please see your relationship manager for relationship requirements.\n\n1\n\nHSBC Deposit Products are offered in the U.S. by HSBC Bank USA, N.A., Member FDIC.\n\nEL 01/2021\n\n\x0c'


b'DORT FINANCIAL CREDIT UNION\nCREDIT CARD ACCOUNT OPENING DISCLOSURES\nINTEREST RATES AND INTEREST CHARGES\nAnnual Percentage Rate\n(APR) for Purchases\n\n10.500 %\n\nAPR for Balance Transfers\n\n10.500 %\n\nAPR for Cash Advances\n\n10.500 %\n\nHow to Avoid Paying Interest\non Purchases\n\nYour due date is at least 26 days after the close of each billing cycle.\nWe will not charge you interest on purchases if you pay your entire\nbalance by the due date each month. We will begin charging interest\non cash advances and balance transfers on the transaction date.\n\nFor Credit Card tips from the\nConsumer Financial Protection\nBureau\n\nTo learn more about factors to consider when applying for or using\na credit card, visit the website of the Consumer Financial\nProtection Bureau at http://www.consumerfinance.gov/learnmore\n\nFEES\nAnnual Fee\n\nTransaction Fees\n\xef\x82\x84International Service Assessment\n\nNone\n\n1% of each transaction authorized by a non U.S. (foreign) merchant\n\nPenalty Fees\n\n\xef\x82\x84 Late Payment\n\xef\x82\x84 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\npurchases)\xe2\x80\x9d. See your account agreement for more details.\n.\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in\nyour account agreement.\n\nConsensual Security Interest: You grant Dort Financial Credit Union a security interest in all\nindividual and joint share and/or deposit accounts you have with us now and in the future to secure your\ncredit card account. Shares and deposits in an IRA or any other account that would lose special tax\ntreatment under state or federal law if given as security, are not subject to the security interest you have\ngiven in your shares. You may withdraw these other shares unless you are in default. When you are in\ndefault, you authorize us to apply the balance in these accounts to any amounts due. For example, if you\nhave an unpaid credit card balance, you agree we may use funds in your account(s) to pay any or all of\nthe unpaid balance.\n\n\x0cDORT FINANCIAL CREDIT UNION\nVISA CREDIT CARD TERMS AND CONDITIONS\nAND TRUTH IN LENDING DISCLOSURE\nSTATEMENT (\xe2\x80\x9cAGREEMENT\xe2\x80\x9d)\nIn this Agreement, the words \xe2\x80\x9cyou\xe2\x80\x9d and \xe2\x80\x9cyour\xe2\x80\x9d refer to the\nperson(s) who are contractually liable for any debt owed under\nthe Account. If there are two or more such persons, each of them\nagrees to be fully liable for any debt owed under the Account\nindividually (severally) and together (jointly). If joint Account, read\nsingular pronouns in the plural.\nYou agree with Credit Union as follows:\nDefinitions. In relation to your Account and this Agreement, the\nfollowing words shall have the meaning indicated:\n\xe2\x80\x9cAccount\xe2\x80\x9d means the Visa Credit Card open end line of credit\naccount approved by Credit Union for your use.\n\xe2\x80\x9cAgreement\xe2\x80\x9d means this Visa Borrower Agreement and the items\nreferenced in this document.\n\xe2\x80\x9cAnnual Percentage Rate\xe2\x80\x9d means the cost of your credit expressed\nas a yearly rate as set forth in the letter accompanying this\nAgreement when it was provided to you.\n\xe2\x80\x9cApplication\xe2\x80\x9d means your request to the Credit Union for the\nestablishment of an Account in a manner approved by the Credit\nUnion.\n\xe2\x80\x9cAuthorized User\xe2\x80\x9d means any person(s) permitted by you to obtain\ncredit under your Account, whether or not named in your\nApplication, or any person(s) to whom you lend your card.\n\xe2\x80\x9cBilling Cycle\xe2\x80\x9d means the time period that expires between\nregular Monthly Billing Statements.\n\xe2\x80\x9cCard\xe2\x80\x9d means any Visa Credit Card issued to you by the Credit\nUnion pursuant to this Agreement which bears the service marks\nowned and licensed by Visa USA.\n\xe2\x80\x9cCash Advance\xe2\x80\x9d means cash credit extended by the Credit Union\nto you in the form of a loan of money made when you present the\nCard to the Credit Union or to another participating financial\ninstitution, including cash credit extended to you via an\nautomated teller machine.\n\xe2\x80\x9cClosing Date\xe2\x80\x9d means the date of the last day of a Billing Cycle.\n\xe2\x80\x9cCredit Limit\xe2\x80\x9d means the maximum amount of credit available to\nyou on your Account as set by the Credit Union from time to time.\nYour initial Credit Limit is set forth in the letter accompanying this\nAgreement when it was provided to you and which is\nincorporated herein.\n\xe2\x80\x9cCredit Purchases\xe2\x80\x9d means extensions of credit from the Credit\nUnion to you (other than Cash Advances) for Credit Purchases of\nmerchandise or services through participating merchants,\nincluding mail, electronic or phone purchase orders of\nmerchandise effectuated by using the account number on a\nCard.\n\xe2\x80\x9cCredit Union\xe2\x80\x9d means Dort Financial Credit Union or any other\nperson or entity to which the Credit Union assigns this Agreement\nor any of its rights under this Agreement.\n\xe2\x80\x9cFinance Charge\xe2\x80\x9d means the cost of credit extended to you on\nyour Account as determined by the Credit Union expressed as a\ndollar amount.\n\n\xe2\x80\x9cGrace Period\xe2\x80\x9d means the time period in which the New Balance\non a Monthly Billing Statement must be paid in full to avoid the\nfurther assessment of a Finance Charge. The Grace Period begins\non the day following the Closing Date of a Billing Cycle and\nextends until the Payment Due Date.\n\xe2\x80\x9cDaily Periodic Rate\xe2\x80\x9d means the daily periodic rate set forth in the\nletter accompanying this Agreement when it was provided to you.\n\xe2\x80\x9cMonthly Billing Statement\xe2\x80\x9d means the statement sent to you on a\nmonthly basis reflecting all charges and credits to your Account\nfor each Billing Cycle.\n\xe2\x80\x9cNew Balance\xe2\x80\x9d means the total of the Previous Balance together\nwith New Credit Purchases, Cash Advances, accrued Finance\nCharge and other fees and charges, less payments and credits,\nposted to your Account during a Billing Cycle.\n\xe2\x80\x9cNew Credit Purchase(s)\xe2\x80\x9d means the Credit Purchase(s) posted to\nyour Account during the Billing Cycle reflected on your most\nrecent Monthly Billing Statement.\n\xe2\x80\x9cPayment Due Date\xe2\x80\x9d means the date specified on your Monthly\nBilling Statement as the Payment Due Date for payment to the\nCredit Union on your Account.\n\xe2\x80\x9cPreauthorized Charges\xe2\x80\x9d means Credit Purchases for which you\nhave given your preauthorization for a merchant or other person\nto debit your Account at specified times.\n\xe2\x80\x9cPrevious Balance\xe2\x80\x9d means the balance of your Account at the\nbeginning of a Billing Cycle, which is the same amount as that\nshown on the \xe2\x80\x9cNew Balance\xe2\x80\x9d on your Monthly Billing Statement for\nthe immediately preceding Billing Cycle.\n\xe2\x80\x9cUnauthorized Use\xe2\x80\x9d means the use of your Card by a person who\ndoes not have actual, implied or apparent authority to use that\nCard. If you receive a benefit from the use of a Card by another\nor if a Card is used by an Authorized User, such use will not be\nregarded as Unauthorized Use.\nAccount Access. You may access your Account by using your\nCard or account number to make Credit Purchases and to obtain\nCash Advances up to your Credit Limit, unless your Account is in\ndefault or has been terminated. If the Credit Union issues you a\nPersonal Identification Number, you may also use your Card to\nobtain Cash Advances via automated teller machines which\naccepts your Card for that purpose.\nPromise to Pay. You promise to pay to Credit Union all amounts\ncharged to your Account by you or by any Authorized User who\nhas access to your Account, with actual, apparent or implied\nauthority for use of your Account, including Finance Charges and\nother fees according to the required minimum monthly payment\nschedule. Your liability will extend throughout the term of this\nAgreement and until all issued and outstanding Cards are returned\nto the Credit Union and all Preauthorized Charges are canceled\nby you. If you lend your Card to another person, you will have\ngiven that person actual, implied or apparent authority to use your\nCard and you will be liable for all Credit Purchases and Cash\nAdvances made by that person on your Account until the card is\nreturned to you or the Credit Union. If more than one person is\nobligated under this Agreement, the Credit Union may accept\ndirections and written notices from any one of those persons\nwithout requiring the consent of any other persons.\nLiability for Unauthorized Use. If you notice the loss or theft of your\ncredit card or a possible unauthorized use of your card, you should\nwrite to us immediately at: Dort Financial Credit Union, P.O. Box\n1635, Flint, Michigan 48501-1635 or call us at (8\x13\x13)\x18\x15\x14\x10\x16\x1a\x1c\x19 during\nnormal business hours or (800)543-5073 (which is available 24 hours\na day). You will not be liable for any unauthorized use that occurs\nafter you notify us. You may, however, be liable for unauthorized\n\n\x0cuse that occurs before your notice to us. In any case, your liability\nwill not exceed $50.\nFinance Charge. The Finance Charges shown on your Monthly\nBilling Statement are figured by multiplying a Daily Periodic Rate\n(see the letter accompanying this Agreement when it was\nprovided to you for this rate and its corresponding Annual\nPercentage Rate) times the Daily Principal Balance of both Credit\nPurchases and Cash Advances as follows:\na.\n\nb.\n\nCash Advances. A Finance Charge will be imposed on\nCash Advances from the date charged to your account.\nFinance Charges will continue to accrue until the Closing\nDate of the Billing Cycle preceding the date on which\nthe entire New Balance is paid in full by the Payment Due\nDate or until the date of payment if after the Payment\nDue Date. The Finance Charge for a Billing Cycle is\ncomputed by applying the Daily Periodic Rate to the\nDaily Principal Balance of Cash Advances. Each daily\nprincipal balance of Cash Advances is determined by\nadding to the outstanding unpaid balance of Cash\nAdvances at the beginning of each day of the Billing\nCycle any new Cash Advances posted to your Account\nand subtracting any payments as received or credits as\nposted to your Account, but excluding any unpaid\nFinance Charges and other fees.\nCredit Purchases. A Finance Charge will be imposed on\nCredit Purchases only if you elect not to pay the entire\nNew Balance shown on your Monthly Billing Statement for\nthe previous Billing Cycle by the Payment Due Date (the\ntime between the issuance of your Monthly Billing\nStatement and the corresponding Payment Due Date is\nthe \xe2\x80\x9cGrace Period\xe2\x80\x9d). If you elect not to pay the entire\nNew Balance shown on your previous monthly statement\nduring the Grace Period, a Finance Charge will be\nimposed on the unpaid Daily Principal Balance of such\nCredit Purchases from the previous statement Closing\nDate and on New Credit Purchases from the date of\nposting to your Account during the current Billing Cycle\nexcept that if during the previous billing cycle you paid\nall amounts owing in full by the Payment Due Date, then\nin the current billing cycle you will have a free interest\nperiod on the amount of the New Balance of Purchases\nremaining from the previous billing cycle that is paid by\nthe Payment Due Date based on our payment allocation\nmethod. Finance Charges will then continue to accrue\nuntil the Closing Date of the Billing Cycle preceding the\ndate on which the entire New Balance is paid in full by\nthe Payment Due Date or until the date of payment if\nafter the Payment Due Date. The Finance Charge for a\nBilling Cycle is computed by applying the daily Periodic\nRate to the Daily Principal Balance of Credit Purchases.\nEach daily principal balance of Credit Purchases is\ndetermined by adding to the outstanding unpaid\nbalance of Credit Purchases at the beginning of each\nday of the Billing Cycle any New Credit Purchases posted\nto your Account, and subtracting any payments as\nreceived and credits as posted to your Account, but\nexcluding any unpaid Finance Charges and other fees.\n\nLate Charge. If you do not pay at least your minimum monthly\npayment by the Payment Due Date shown on your Monthly Billing\nStatement, Credit Union may assess your Account a Late Charge\nof $25.00 or the amount of your required minimum monthly\npayment, whichever is less.\nReturned Payment Charge. You will be charged a Returned\nPayment Charge for each check, draft or order which you submit\nto Credit Union as a payment on your Account which is returned\nto Credit Union unpaid in the amount of $20.00 or the amount of\nthe required Minimum Payment due immediately prior to the date\non which the payment is returned, whichever is less.\n\nInternational Transaction Fee. Your account may be charged, and\nyou agree to pay, a 1% INTERNATIONAL SERVICE ASSESSMENT FEE\non any transactions where the merchant country differs from the\ncountry of the card issuer (that is, for any transaction authorized by\na non US (foreign) merchant for both online/internet and card\npresent transactions. The converted transaction amount will be\nshown separately from the International Service Assessment Fee on\nyour billing statement.\nInformation Updates. You will provide facts to update information\ncontained in your original Application or other financial information\nrelated to you at Credit Union\xe2\x80\x99s request.\nCredit Limit. You will be notified of your Account\xe2\x80\x99s Credit Limit\nwhich will be applicable to all amounts you owe on your Account\nat any time. Credit Union reserves the right to increase or\ndecrease your Credit Limit without prior notice to you at any time\nin its sole discretion. You will keep your unpaid balance within the\nCredit Limit as set by Credit Union and you will pay any amount\nover your Credit Limit immediately to the Credit Union without\ndemand, whether or not Credit Union authorized the Credit\nPurchase or Cash Advance which caused you to exceed your\nCredit Limit. However, if you are over your Credit Limit solely\nbecause the Credit Union reduced it, you may continue to make\nonly required minimum monthly payments as described in this\nAgreement as long as you do not use your card until what you\nowe is reduced below your Credit Limit. Even if your unpaid\nbalance is less than your Credit Limit, the Credit Union may choose\nto not make credit available during any time your Account is in\ndefault.\nMinimum Monthly Payment. You will pay a minimum monthly\npayment equal to the greater of 2.50% rounded up to the next\nwhole dollar of your Account\xe2\x80\x99s New Balance or $25.00, unless your\nNew Balance is less than $25.00, in which case your payment will\nbe that balance. You may pay any amount over your minimum\nmonthly payment at any time without penalty. In addition to your\nminimum monthly payment, you agree to immediately pay to the\nCredit Union any amount past due or in excess of your Credit Limit.\nPayments must be received by the Credit Union in the manner set\nforth on your most current Monthly Billing Statement on or before\nthe Payment Due Date. All payments must be made in lawful\nmoney of the United States. You will have a payment due every\nmonth on the specified Payment Due Date even if you have paid\nmore than a regularly scheduled minimum monthly payment at\nany previous time.\nMonthly Billing Statement. Credit Union will mail you a Monthly\nBilling Statement each month in which there is a debit or credit\nbalance over $1.00, or when a Finance Charge is imposed. Credit\nUnion need not send you a monthly statement if Credit Union feels\nyour Account is uncollectible or has started collection proceedings\nagainst you because you defaulted. Except where federal law\nrequires otherwise, the Monthly Billing Statement will be final as to\nthe amount owed unless you object in writing within 60 days after\nthe Credit Union has mailed the Monthly Billing Statement to you.\nYour right under federal law to the correction of billing errors is\nexplained in the notice of Your Billing Rights which appears at the\nend of this Agreement.\nSecurity. If you have given the Credit Union a security interest in\nany property (other than a dwelling or \xe2\x80\x9chousehold goods\xe2\x80\x9d as\ndefined in the Federal Trade Commission\xe2\x80\x99s Credit Practices Rule) as\npart of any other agreement with the Credit Union, that property is\nalso pledged by you as security for the credit extended under this\nAgreement, unless prohibited by law. This provision is the Security\nsection under the Truth in Lending disclosure of this Agreement as\nwell as a statement of contract which results in collateral securing\nother loans with Credit Union also securing this Agreement. To the\nextent permitted by law, you grant Credit Union a purchase\nmoney security interest in all goods you purchase under your\nAccount to the extent you continue to owe Credit Union for the\npurchase of such goods under your Account if such goods are\n\xe2\x80\x9chousehold goods\xe2\x80\x9d, and to the extent you\n\n\x0ccontinue to owe Credit Union any money under your Account if\nsuch goods are not \xe2\x80\x9chousehold goods\xe2\x80\x9d. Further, if you give Credit\nUnion a specific pledge of other collateral to secure the\nrepayment of your Account, such as a pledge of your shares or\ndeposits, then such other collateral will also secure the repayment\nof your Account.\nSet Off and Lien Impressment. Unless prohibited by law, the Credit\nUnion shall have the right to set off the amount of any funds you\nhave in your Accounts with the Credit Union or any other amounts\nowed to you by the Credit Union against any amounts charged to\nyour Account after your Account has been canceled or\nterminated. This right of setoff will not extend to any deposits\nestablished under a governmental approved tax deferral deposit\nplan such as an I.R.A. or KEOGH account. Credit Union also\nimpresses a lien upon your shares and dividends and has the right\nto enforce that lien in a manner similar to enforcing its right of\nsetoff.\nApplication of Payments. The Credit Union reserves the right to\napply the payments to your Account in any manner it may choose\nin its sole discretion. Generally, the Credit Union will elect to apply\neach payment in the following order: (1) Late fees; (2) other\nunpaid fees and charges; (3) unpaid Finance Charges; (4) Credit\nPurchases from previous Billing Cycles: (5) Credit Purchases from\nthis Billing Cycle; (6) Cash Advances as of the closing date of the\nlast statement and (7) Cash Advances from this Billing Cycle.\nDefault and Remedy. You will be in default and the Credit Union\nmay, to the extent permitted by law, terminate your Account and\ndeclare the entire unpaid balance of your Account immediately\ndue and payable if:\na. You do not make any payment or perform any obligation\nunder this Agreement or any other agreement that you\nhave with Credit Union; or\nb. You have made a false or misleading statement on your\nApplication and/or in your representations to Credit\nUnion while you owe money on your Account; or\nc. You should die, or be involved in any bankruptcy,\ninsolvency, receivership or custodial proceedings\nbrought by or against you; or\nd. A judgment or tax lien should be filed against you or any\nattachment or garnishment should be issued against any\nof your property or rights, specifically including anyone\nstarting an action or proceeding to seize any of your\nfunds on deposit with Credit Union; and/or\ne. Credit Union should, in good faith, believe your ability to\nrepay any indebtedness due under your Account is or\nsoon will be impaired, time being of the very essence.\nIf more than one person is obligated under this Agreement, the\nCredit Union may proceed with collection action against any one\nof the persons obligated under this Agreement without first\nproceeding against or collecting from any other person. To the\nextent permitted by law, the Credit Union shall be reimbursed by\nyou for all of its costs and expenses, including actual attorneys\xe2\x80\x99\nfees, incurred in the course of collecting any amounts owed on\nyour Account.\nChange of Address. You will notify Credit Union promptly if you\nmove or otherwise have a change of address.\nForeign Transactions. Transactions occurring outside of the United\nStates under foreign currency rates will be posted to your Account\nin U.S. Dollars and may be more or less than the U.S. Dollar amount\nwhen you made the Credit Purchase or obtained the Cash\nAdvance, due to changes in the foreign exchange rate. The\nconversion rate to U.S Dollars will be at the (i) wholesale market\nrate, or (ii)the government mandated rate, whichever is\napplicable, in effect one day prior to the processing date.\nRefunds and Returns. If a merchant or other person honoring your\nCard agrees to give you a refund or adjustment on a Credit\nPurchase, you agree to accept a credit to your Account in lieu of\na cash refund or cash adjustment.\n\nDisputes. You agree to make a good faith effort to settle all\ndisputes concerning Credit Purchases made through the use of\nyour Card with the merchant or other person honoring the Card.\nExcept as provided in the notice of Your Billing Rights, you agree to\npay the Credit Union all amounts charged to your Account\ndespite any such dispute.\nWaiver of Claims. You waive and release Credit Union from all\ndefenses, rights and claims you may have against any person or\ncompany honoring a Card or other access device or not\npermitting a Credit Purchase or Cash Advance, except where\nsuch rights cannot be waived under the Fair Credit Billing Act (see\nYour Billing Rights). If your Account s available to provide overdraft\nprotection to a deposit account under a separate Overdraft\nProtection Request Agreement, you hold Credit Union harmless\nfrom any and all claims which might otherwise arise if an advance\nis not processed to cover an overdraft regardless of whether or not\ncredit was available under your Account.\nCancellation. You may cancel this Agreement with Credit Union\nor revoke any Authorized User\xe2\x80\x99s status at any time by notifying\nCredit Union in writing. You understand and agree that Credit\nUnion has up to ten (10) days after such notice to effectuate your\ncancellation or revocation of Authorized User\xe2\x80\x99s status. You remain\nobligated to Credit Union for all Credit Purchases or Cash\nAdvances that the Credit Union is unable to prevent made prior to\nor up to thirty (30) days after such cancellation or revocation if you\nhave not returned all affected Cards, and Credit Union may\ndeclare your balance due and payable together with all\napplication Finance Charges and other fees and charges;\notherwise you remain obligated to repay any unpaid balance\naccording to the Agreement.\nAmendment. Credit Union may change the terms of this\nAgreement by mailing or delivering to you written notice of the\nchanges as prescribed by the Federal Truth in Lending Act or other\napplicable law.\nDelay in Enforcement. The Credit Union does not lose any of its\nrights under this Agreement if it delays enforcing them.\nEffect of Unenforceable Provision. If any provision of this\nAgreement is determined to be unenforceable or invalid, all other\nprovisions shall remain in full force and effect.\nProvision Captions. The captions and catch lines used in the\nAgreement are for convenience of reference only and in no way\ndefine, limit or describe the scope of intent of any provision of this\nAgreement.\nApplicability. This Agreement applies to your Visa Credit Card\nAccount with the Credit Union.\nAssignability. You shall have no right to transfer your Account or to\nassign this Agreement. The Credit Union, however, shall have the\nright to assign and transfer, at any time and in its sole discretion,\nthis Agreement or any or all of its rights under this Agreement to\nany other person or entity.\nOwnership of Card(s). Any Card (s) issued in relation to your\nAccount is the property of the Credit Union and upon demand of\nCredit Union, you will surrender it to Credit Union or its authorized\nagent or destroy it by cutting it in half.\nSkip Payment. At Credit Union\xe2\x80\x99s option, you may be permitted to\nskip a minimum monthly payment for one or more months. A fee\nwill be charged for each skip. Finance Charges will continue to\naccrue on your unpaid balance at all times. After the skip, your\nnext minimum monthly payment will be calculated accordingly to\nthis Agreement.\nGoverning Law. Except to the extent that federal law controls, this\nAgreement is controlled by the laws of the State of Michigan.\n\n\x0cYOUR BILLING RIGHTS\n(Keep This Document for Future Use)\nThis notice tells you about your rights and our responsibilities\nunder the Fair Credit Billing Act.\n\nWHAT TO DO IF YOU FIND A MISTAKE ON\nYOUR STATEMENT\nIf you think there is an error on your statement, write to us at:\nDort Financial Credit Union\nP. O. Box 1635\nFlint, Michigan 48501-1635\nYou may also contact us on the Web: www.Dortonline.org\n\nIn your letter, give us the following information:\n\nx\nx\nx\n\nAccount information: Your name and account number.\nDollar amount: The dollar amount of the suspected error.\nDescription of problem: If you think there is an error on your\nbill, describe what you believe is wrong and why you believe\nit is a mistake.\n\nIf you receive our explanation but still believe your bill is wrong,\nyou must write to us within 10 days telling us that you still refuse to\npay. If you do so, we cannot report you as delinquent without\nalso reporting that you are questioning your bill. We must tell you\nthe name of anyone to whom we reported you as delinquent,\nand we must let those organizations know when the matter has\nbeen settled between us.\nIf we do not follow all of the rules above, you do not have to pay\nthe first $50 of the amount you question even if your bill\nis correct.\n\nYOUR RIGHTS IF YOU ARE DISSATISFIED WITH\nYOUR CREDIT CARD PURCHASES\nIf you are dissatisfied with the goods or services that you have\npurchased with your credit card, and you have tried in good\nfaith to correct the problem with the merchant, you may have\nthe right not to pay the remaining amount due on the purchase.\n\nTo use this right, all of the following must be true:\nx\n\nYou must contact us:\n\nx\nx\n\nWithin 60 days after the error appeared on your statement.\nAt least 3 business days before an automated payment is\nscheduled, if you want to stop payment on the amount you\nthink is wrong.\n\nx\nx\n\nYou must notify us of any potential errors in writing. You may call\nus, but if you do we are not required to investigate any potential\nerrors and you may have to pay the amount in question.\n\nx\n\nWHAT WILL HAPPEN AFTER WE RECEIVE\nYOUR LETTER\nWhen we receive your letter, we must do two things:\nx\n\nx\n\nWithin 30 days of receiving your letter, we must tell you that\nwe received your letter. We will also tell you if we have\nalready corrected the error.\nWithin 90 days of receiving your letter, we must either\ncorrect the error or explain to you why we believe the bill is\ncorrect.\n\nWhile we investigate whether or not there has been\nan error:\nx\n\nx\n\nx\n\nx\n\nWe cannot try to collect the amount in question, or report\nyou as delinquent on that amount.\nThe charge in question may remain on your statement, and\nwe may continue to charge you interest on that amount.\nWhile you do not have to pay the amount in question, you\nare responsible for the remainder of your balance.\nWe can apply any unpaid amount against your credit limit.\n\nAfter we finish our investigation, one of two things\nwill happen:\nx\n\nx\n\nIf we made a mistake: You will not have to pay the amount\nin question or any interest or other fees related to that\namount.\nIf we do not believe there was a mistake: You will have to\npay the amount in question, along with applicable interest\nand fees. We will send you a statement of the amount you\nowe and the date payment is due. We may then report you\nas delinquent if you do not pay the amount we think you\nowe.\n\nThe purchase must have been made in your home state or\nwithin 100 miles of your current mailing address, and the\npurchase price must have been more than $50. (NOTE:\nNeither of these are necessary if your purchase was based\non an advertisement we mailed to you, or if we own the\ncompany that sold you the goods or services.)\nYou must have used your credit card for the purchase.\nPurchases made with cash advances from an ATM or with a\ncheck that accesses your credit card account do not\nqualify.\nYou must not yet have fully paid for the purchase.\n\nIf all of the criteria above are met and you are still dissatisfied\nwith the purchase, contact us in writing at:\nDort Financial Credit Union\nP.O. Box 1635\nFlint, Michigan 48501-1635\nWhile we investigate, the same rules apply to the disputed\namount as discussed above. After we finish our investigation, we\nwill 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.\n\n\x0c'