Member Number 

2141 Downyflake Lane 
Allentown, PA 18103 
610.797.7440 
800.446.5598 
PeopleFirstCU.org 

CREDIT CARD ACCOUNT AGREEMENT  
AND FEDERAL DISCLOSURE STATEMENT 

THIS  IS  YOUR  CREDIT  LINE  ACCOUNT  AGREEMENT  AND  IT  INCLUDES  NECESSARY  FEDERAL 
TRUTH-IN-LENDING  DISCLOSURE  STATEMENTS  AND  ANY  SPECIAL  INSTRUCTIONS  REGARDING 
THE USE OF  ANY ACCOUNT ACCESS DEVICE. PLEASE READ THIS  AGREEMENT CAREFULLY AND 
NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR. 

Interest Rate and Interest Charges 

Annual Percentage Rate (APR) 
For Purchases 

VISA Platinum _______% Introductory APR for 6 months. 

After that, Your APR will be _______%. This APR will vary with the market based 
on the Prime Rate. 

VISA Platinum Plus _______% Introductory APR for 6 months. 

After that, Your APR will be _______%. This APR will vary with the market based 
on the Prime Rate. 

VISA Platinum Secured _______% Introductory APR for 6 months. 

After that, Your APR will be _______%. This APR will vary with the market based 
on the Prime Rate. 

Annual Percentage Rate (APR) 
For Balance Transfers 

VISA Platinum ________% Introductory APR for 6 months. 

After that, Your APR will be ________%. This APR will vary with the market based on 
the Prime Rate. 

VISA Platinum Plus ________% Introductory APR for 6 months. 

After that, Your APR will be ________%. This APR will vary with the market based on 
the Prime Rate. 

VISA Platinum Secured ________% Introductory APR for 6 months. 

After that, Your APR will be ________%. This APR will vary with the market based on 
the Prime Rate. 

Annual Percentage Rate (APR) 
For Cash Advance 

VISA Platinum ________% Introductory APR for 6 months. 

After that, Your APR will be ________%. This APR will vary with the market based on 
the Prime Rate. 

VISA Platinum Plus ________% Introductory APR for 6 months. 

After that, Your APR will be ________%. This APR will vary with the market based on 
the Prime Rate. 

VISA Platinum Secured ________% Introductory APR for 6 months. 

After that, Your APR will be ________%. This APR will vary with the market based on 
the Prime Rate. 

Your  due  date  is  at  least  27  days  after  the  close  of  each  billing  cycle. We  will  not  charge 
You  interest  on  purchases  if  You  pay  Your  entire  balance  owed  each  month  by  Your 
payment's  due  date.  We  will  begin  charging  interest  on  cash  advances  and  balance 
transfers on the transaction date. 

Paying Interest 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

To learn more about factors to consider when applying for or using a Credit Card, 
visit the website of the Consumer Financial Protection Bureau at 
http://www.consumerfinance.gov/learnmore. 

SEE TOP OF PAGE 2 for more important information regarding Your Account 

Copyright Oak Tree Business Systems, Inc., 2015-2017. All Rights Reserved. 

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Fees  

Annual Fee 

Transaction Fees 

  Foreign Transaction Fee 

For VISA Platinum Secured, $20.00 

1.00% of each foreign currency transaction in U.S. dollars. 
0.80% of each U.S. Dollar transaction that occurs in foreign country. 

Penalty Fees 

  Returned Payment 
  Late Payment 

Up to $30.00 
Up to $25.00  

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See Your 
Account Agreement for details. 

Billing Rights: Information on Your rights to dispute transactions and how to exercise those rights is provided in Your Account 
Agreement. 

SEE PAGE 1 for important information about Your Account 

DEFINITIONS. In this Agreement, the reference to "We," "Us," "Our" and "Credit Union" mean People First Federal Credit Union. The words "You" and "Your" mean each 
person  who  accepts  this Agreement  or  uses the VISA  Platinum, VISA Platinum  Plus  or  VISA  Platinum  Secured  Credit  Cards.  "Account"  means the  VISA  Platinum,  VISA 
Platinum Plus or VISA Platinum Secured Credit Card Account established for You. The words "Credit Card" or "Card" mean any VISA Platinum, VISA Platinum Plus or VISA 
Platinum Secured Credit Cards issued to You by Us and any duplicates and renewals. "Letter Checks" mean the special Account access devices that We may provide for 
Your use from time to time. If this is a joint account, read singular pronouns in the plural. 

Credit 
Card Type 

Variable Rate 

Index 

Margin 

Monthly 
Periodic 
Rate 

ANNUAL 
PERCENTAGE 
RATE 

VISA Platinum 

____________ 

____________ 

_______________% 

_______________% 

VISA Platinum Plus 

____________ 

____________ 

_______________% 

_______________% 

VISA Platinum Secured 

____________ 

____________ 

_______________% 

_______________% 

Copyright Oak Tree Business Systems, Inc., 2015-2017. All Rights Reserved. 

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PROMISE  TO  PAY.  Your  Account  may  be  accessible  through  a  variety  of  means 
which could include advance request forms, vouchers, checks, charge slips, Credit 
Cards, Letter Checks and the like. Regardless of the access means, You promise to 
pay Us all amounts charged to Your Account by You or by any user who has access 
to Your Account, with actual, apparent or implied authority for use of Your Account, 
including Finance Charges and other fees or charges described herein. 

JOINT  ACCOUNTS.  Each  Cardholder  will  be  responsible, jointly  and severally, for 
the repayment of amounts owed. You understand that any Card which is requested 
and approved, will be mailed only to the primary Cardholder at the address that We 
have on file for You. We may refuse to follow any instructions which run counter to 
this provision.  

OWNERSHIP. All access devices remain Our property and may be cancelled by Us 
at  any  time  without  notice. You agree  to surrender  any such  access device and to 
discontinue its use immediately upon Our request. 

USE OF YOUR CARD. You may use Your Card to buy goods and services in any 
place  that  it  is  honored  and  to  get  cash  advances  from  Us  or  another  financial 
institution. If You are issued a cash advance draft, it will be imprinted with Your Card 
and  You  will  receive  a  copy  of  the  draft.  You  agree  not  to  use  Your  Card  for 
transactions  involving  Internet  gambling  and/or  wagering  of  any  type  and/or  for 
transactions prohibited by state and/or federal law. 

ISSUANCE  OF  PERSONAL  IDENTIFICATION  NUMBER.  We  will  issue  You  a 
Personal Identification Number (PIN) for use with Your Card. This PIN is confidential 
and  should  not  be  disclosed  to  anyone.  You  may  use  Your  PIN  and  Your  Card  to 
access  Your  Account  and  all  sums  advanced  will  be  added  to  Your  Account 
balance. In the event a use of Your PIN constitutes an Electronic Fund Transfer, the 
terms and conditions of Your Electronic Fund Transfer Agreement may affect Your 
rights. 

LINE  OF  CREDIT  LIMIT.  If  Your  application  for  a  Card  is  approved,  You  will  be 
notified  of  Your  specific  Credit  Limit  for  transactions  made  under  Your  Account. 
Unless  You  are  in  default,  the  Credit  Limit  established  for  You  will  be  self-
replenishing  as  You  make  payments  on  Your  Account.  You  will  keep  Your  unpaid 
balance  within  the  Credit  Limit  set by  Us,  and  You  will  pay  any  amount  over  Your 
Credit Limit on Our demand whether or not We authorize the advance which caused 
You  to  exceed  Your  Credit  Limit.  Even  if  Your  unpaid  balance  is  less  than  Your 
Credit  Limit,  You  will  have  no  credit  available  during  any  time  that  any  aspect  of 
Your Account is in default.  

FINANCE  CHARGES.  In  the  case  of  any  transactions  on  Your  Account,  the 
balances subject to the periodic Finance Charge are the average daily transactions 
balances  outstanding  during  the  month  (including  new  transactions).  Separate 
average  daily  balances  are  calculated  for  purchases,  balance  transfers  and  cash 
advances (including Letter Checks). 

To get the average daily balance for purchases, We take the beginning balance for 
purchases  each  day,  add  any  new  purchases,  debit  adjustments  or  other  charges 
and subtract any payments, credits and unpaid Finance Charges. This gives Us the 
daily balance for purchases.  Then, We add up all the daily balances for purchases 
during  the  billing  cycle  and  divide them  by  the  number  of  days  in  the  billing  cycle. 
This  gives  Us  the  average  daily  transactions  balances  for  purchases.  To  get  the 
average  daily  balance  for  balance  transfers,  We  take  the  beginning  balance  for 
balance  transfers  each  day,  add  any  new  balance  transfers,  debit  adjustments  or 
other  charges  and  subtract  any  payments,  credits  and  unpaid  Finance  Charges. 
This gives Us the daily balance for balance transfers. Then, We add up all the daily  
balances  for  balance  transfers  during  the  billing  cycle  and  divide  them  by  the 
number  of  days  in  the  billing  cycle.  This  gives  Us  the  average  daily  transactions 
balances for balance transfers. To get the average daily balance for cash advances 
(including  Letter  Checks),  We  take  the  beginning  balance  for  cash  advances  and 
Letter  Checks  each  day,  add  any  new  cash  advances  and  Letter  Checks,  debit 
adjustments  or  other  charges  and  subtract  any  payments,  credits  and  unpaid 
Finance  Charges.  This  gives  Us  the  daily  balance  for  cash  advances    (including 
Letter Checks). Then, We add up all the daily balances for cash advances (including 
Letter Checks) during the billing cycle and divide them by the number of days in the 
billing  cycle.  This  gives  Us  the  average  daily  transactions  balances  for  cash 
advances  (including  Letter  Checks).  The  Finance  Charge  for  a  billing  cycle  is 
computed  by  multiplying  each  of  the  average  daily  balances  subject  to  a  Finance 
Charge by the applicable Monthly Periodic Rate. The sum of these separate Finance 
Charge calculations is the Finance Charge you owe for that billing cycle.  

Your payment due date is at least 27 days after the close of each billing cycle. You can 
avoid  Finance  Charges  on  purchases  each  month  by  paying  the  full  amount  of  the 
entire balance owed by the payment due date reflected in Your periodic statement.          

Otherwise, the new balance of purchases, and subsequent purchases from the date 
they  are  posted  to  Your  Account,  will  be  subject  to  a  Finance  Charge.  Balance 
Transfers  and  cash  advances  (including  Letter  Checks)  are  always  subject  to  a 

Finance Charge from the later of the date they are posted to Your Account or from 
the  first  day  of  the  billing  cycle  in  which  the  cash  advance  is  posted  to  
Your Account. 

Transactions will accrue finance charges at an introductory Monthly Periodic Rate of 
_______________%  (corresponding  to  an  ANNUAL  PERCENTAGE  RATE  of 
_______________%)  through  the  first  6  billing  cycles  following  the  date  that  Your 
Account  is  established  (i.e.  6 months).  Upon  the  expiration  of the  introductory  rate 
period, the entire balance of transactions existing at that time and in the future  will 
be  subject  to  the  non-introductory  Monthly  Periodic  Rate  and  its  corresponding 
Annual Percentage Rate described elsewhere in this Agreement. 

VARIABLE  RATE.  All  advances  are  subject  to  a  Variable  Rate  which  is  based  on 
the highest Prime Rate as published in the Money Rates section of The Wall Street 
Journal in effect on the last business day of each calendar month ("Index") plus Our 
Margin.  The Index  plus  the Margin equals the Interest  Rate.  Changes  in  the  Index 
will  cause  changes  in  the  Interest  Rate  on  the  first  day  of  the  billing  cycle  that 
immediately  follows  any  such  change  in  the  Index.  Increases  or  decreases  in  the 
Interest Rate will cause like increases or decreases in the Finance Charge and will 
affect  the  number  of  Your  regularly  scheduled  payments.  Your  Interest  Rate  will 
never be greater than 18.00% and will apply to Your remaining principal balance. 

MINIMUM MONTHLY PAYMENT. Though You need only pay the Minimum Monthly 
Payments, You understand that You have the right to repay Your Account or make 
larger  payments  at  any  time  without  penalty.  You  will  only  be  charged  periodic 
Finance  Charges  to  the  date  You  repay  Your  entire  Account  balance.  Any  partial 
payment  or  prepayment  of  Your  Account  will  not  delay  Your  next  scheduled 
payment.  All  payments  to  Us  must  be  in  lawful  money  of  the  United  States.  Your 
Periodic Statement will include instructions on where to send Your Minimum Monthly 
Payment.  Payments  sent  by  You  to  an  address  other  than  that  which  appears  on 
Your statement may be subject to a delay in crediting to Your Account for up to five 
days after We receive Your payment. 

Payments  will  be  applied  in  the  following  order:  (a)  any  Finance  Charges  due  for 
Your balance for balance transfers; (b) any Finance Charges due for Your balance 
for cash advances; (c) any Finance Charges due for Your balance for purchases; (d) 
any  Fees  and  Charges  owing;  (e)  Your  balance  for  balance  transfers;  (f)  Your 
balance  for  cash  advances;  and  then  to  (g)  Your  balance  for  purchases.  Any 
amounts  received  in  excess  of  Your  required  Minimum  Monthly  Payment  will  be 
applied as required by applicable law. 

Any  unpaid  portion  of  any  Finance  Charges  and  Late  Charges  will  be  paid  by 
subsequent  payments  and  will  not  be  added  to  the  principal.  You  understand  that 
any  payment  that  delays the  repayment  of  Your  unpaid  balance  will  increase  Your 
Finance  Charge  and  any  payment  that  accelerates  the  reduction  of  Your  unpaid 
balance will decrease Your Finance Charges. 

Minimum  Monthly  Payments  will  be  an  amount  equal  to  2.00%  of  Your  unpaid 
Account balance; subject to the lesser of $10.00 or Your balance. In addition to the 
Minimum Monthly Payment, You will also be required to pay any prior payments due 
which remain unpaid and any amounts which exceed Your Credit Limit. 

CONSENSUAL LIEN. As permitted by law, You grant and consent to a lien on 
Your  shares  or  other  deposit  accounts  with  Us  (other  than  those  deposits 
established under a governmental-approved tax deferral plan such as an IRA 
or Keogh account) and any dividends due or to become due to You from Us 
to the extent You owe on any unpaid Credit Card balance.  

OTHER  SECURITY.  Collateral  (other  than  household  goods  or  any  dwelling) 
given as security under this Agreement or for any other loan You may have  with 
Us  will  secure  all  amounts  You  owe  Us  now  and  in  the  future  if  that  status  is 
reflected  in  the  "Truth-in-Lending  Disclosure"  in  any  particular  Agreement 
evidencing such debt.      

PERIODIC STATEMENT. On a regular basis, You will receive a statement showing 
all  transactions  on  Your Account  including  amounts  paid  and  borrowed  since  Your 
last  statement. We  will  mail  You  a  statement  each  billing cycle  in  which  there  is  a 
debit  or  credit  balance  or  when  a  Finance  Charge  is  imposed.  We  need  not  send 
You  a  statement  if  We  feel  Your  Account  is  uncollectible  or  if  We  have  started 
collection  proceedings  against  You  because  You  defaulted.  Each  statement  is 
deemed  to  be  a  correct  statement  of  account  unless  You  establish  a  billing  error 
pursuant to the Federal Truth-In-Lending Act. 

OUR  RESPONSIBILITIES  TO  HONOR  LETTER  CHECKS.  We  are  under  no 
obligation to honor Your Letter Checks if: (1) by paying a Letter Check, You would 
exceed Your Credit Limit; (2) Your Cards or Letter Checks have been reported lost 
or stolen; (3) Your Account has been cancelled or has expired; or (4) a Letter Check 
is used for payment on this or any other loan Account with Us. If a postdated Letter 
Check  is  paid  and,  as  a  result,  any  other  Letter  Check  is returned  unpaid, We  are 
not responsible for any resulting loss or liability. 

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TRANSACTION  SLIPS.  Your  periodic  statement  will  identify  the  merchant, 
electronic terminal or financial institution at which transactions were made, but sales, 
cash advances, credit or other slips will not be returned with the statement. You will 
retain the copy of such slips furnished at the time of the transaction in order to verify 
Your monthly statement.  

CREDITS.  If  a  merchant  who  honors  Your  Card  gives  You  credit  for  returns  or 
adjustments,  the  merchant  will  do  so  by  sending  Us  a  slip  which  will  be  posted  to 
Your Account. If Your credits and payments exceed what You owe Us, We will hold 
and apply this credit against future purchases and cash advances, or if it is $1.00 or 
more,  refund  it  on  Your  written  request  or  automatically  deposit  it  to  Your  Share 
Account after six months. 

LATE CHARGE. If Your payment is not received by the payment due date, You will be 
charged the lesser of: (a) the amount of the minimum payment due; or (b) $25.00. 

ANNUAL MEMBERSHIP FEE (VISA PLATINUM SECURED). You will be charged 
an  annual  membership  fee  in  an  amount  equal  to  $20.00  on  the  date  Your  VISA 
Platinum Secured Credit Card is established, and subsequently, on the anniversary 
date each year thereafter. The fee is required each year in order to continue credit 
availability, whether or not You have used Your Card throughout the year. 

OTHER  FEES  AND  CHARGES.  You  agree  to  pay  Us  the  following  fees  and 
charges associated with the use of Your Card which will be charged to Your Account 
as purchases: (a) the lesser of $30.00 or the required minimum payment amount for 
any check (or other negotiable instrument) used for payment on Your Account that is 
returned  unpaid;  and  (b)  $15.00  for  any  Letter  Check  on  which  You  request  Us  to 
stop payment. 

DEFAULT.  You  will  be  in  default  if:  (a)  You  do  not  make  any  payment  or  perform 
any  obligation  under  this  Agreement,  or  any  other  agreement  that  You  may  have 
with Us; or (b) You should die, become involved in any insolvency, receivership or 
custodial  proceeding  brought  by  or  against  You;  or  (c)  You  have  made  a  false  or 
misleading statement in Your credit application and/or in Your representations to Us 
while You owe money on Your Account; or (d) A judgment or tax lien should be filed 
against You or any attachment or garnishment should be issued against any of Your 
property  or  rights,  specifically  including  anyone  starting  an  action  or  proceeding  to 
seize  any  of  Your  funds  on  deposit  with  Us;  and/or  (e)  We  should,  in  good  faith, 
believe  Your  ability  to  repay  Your  indebtedness  hereunder  is  or  soon  will  be 
impaired, time being of the very essence. 

If You are in default, We may, without notice or demand, and to extent permitted by 
law,  cancel  Your  rights  under  this  Agreement,  declare  the  entire  unpaid  balance 
immediately due and payable and require the return of all Cards and other Account 
Access devices.  

COLLECTION COSTS. To the extent permitted by law, You will reimburse Us for all 
of  Our  costs  and  expenses,  including  reasonable  attorneys'  fees  incurred  in  the 
course of collecting any amounts owed under this Agreement or for the recovery of 
any collateral. 

CREDIT  INSURANCE.  Credit  insurance  is  not  required  for  any  extension  of  credit 
under this Agreement.  However, You  may  purchase  any credit  insurance  available 
through  Us  and  have  the  premiums  added  to  the  outstanding  balance  of  Your 
Account.  If  You  elect  to  do  so,  You  will  be  given  the  necessary  disclosures  and 
documents  separately.  Any  credit  insurance  premiums  will  be  charged  to  Your 
Account as a purchase. 

ENFORCEMENT. We do not lose Our rights under this or any related agreement if 
We  delay  enforcing  them. We  can  accept  late  payments,  partial  payments,  or  any 
other  payments,  even  if  they  are  marked  "paid  in  full,"  without  losing  any  of  Our 
rights  under  this  Agreement.  If  any  provision  of  this  or  any  related  agreement  is 
determined  to  be  unenforceable  or  invalid,  all  other  provisions  remain  in  full  force 
and effect.  

UNAUTHORIZED  USE.  You  may  be  liable  for  the  unauthorized  use  of  Your 
Account. You will not be liable for the unauthorized use that occurs after You notify 
Us  orally  and  in  writing  at  the  address  or  telephone  number  shown  in  this 
Agreement,  of  the  loss,  theft,  or  possible  unauthorized  use.  In  any  case,  Your 
liability will not exceed $50.00. 

NOTIFICATION OF ADDRESS CHANGE. You  will notify Us promptly if You move 
or otherwise have a change of address.  

REFUSAL  TO  HONOR  CARDS  OR  LETTER  CHECKS.  We  are  not  liable  for  the 
refusal or inability of merchants, financial institutions and others to accept the Cards or 
Letter  Checks,  or  electronic  terminals  to  honor  the  Cards  or  complete  a  Card 
withdrawal, or for their retention of the Cards or Letter Checks. 

LOST OR STOLEN CARDS, ACCOUNT NUMBERS AND/OR LETTER CHECKS. 
To  report  a  lost  or  stolen  Card,  Letter  Check  or  Account  Number,  You  will 
immediately  call  (800)  325-3678.  You  may  also  write  to  the  Credit  Card  Security 
Department, P.O. Box 24747, Tampa, FL 33623-4747. 

FOREIGN TRANSACTIONS. For transactions initiated in foreign countries and foreign 
currencies,  the  exchange  rate  between  the  transaction  currency  and  the  billing 
currency  (U.S.  dollars)  will  be:  (a)  a  rate  selected  by  VISA  from  the  range  of  rates 
available  in  wholesale  currency  markets  for  the  applicable  central  processing  date, 
which  rate  may  vary  from  the  rate  VISA  itself  receives;  or  (b)  the  government-
mandated rate in effect for the applicable central processing date. For transactions that 
are  initiated  in  a  foreign  currency,  You  will  be  charged  1.00%  of  the  final  settlement 
amount.  For  transactions  occurring  in  foreign  countries  and  initiated  in  U.S.  Dollars, 
You will be charged 0.80% of the final settlement amount. 

EFFECT  OF  AGREEMENT.  Even  though the  sales,  cash  advance,  credit  or  other 
slips You may sign or receive when using the Card contain terms, this Agreement is 
the contract which solely applies to all transactions involving Your Account. 

CONSENT  TO  AGREEMENT.  You  acknowledge  receipt  of  a  copy  of  this 
Agreement. By signing the Application and Your Credit Card, by using the Card, by 
using  Your  Account  or  by  authorizing  another  to  use  Your  Account,  You  agree  to 
accept its terms. 

INTEGRATED  DOCUMENTS.  Any  separate  sheet  of  paper  labeled  "Additional 
Disclosure - Federal Truth-In-Lending Act" which is delivered to You and relates to 
this Agreement is an integrated part of this Agreement and Disclosure. 

UPDATING AND DISCLOSING FINANCIAL INFORMATION. You will provide facts 
to update personal  information or  other financial  information related  to You,  at  Our 
request.  You  also  agree  that We  may,  from  time  to  time,  as We  deem  necessary, 
make  inquiries  pertaining  to  Your  employment,  credit  standing  and  financial 
responsibility in accordance with applicable laws and regulations. You further agree 
that We may give information about the status and payment history of Your Account 
to consumer credit reporting agencies, a prospective employer or insurer, or a state 
or federal  licensing  agency having any  apparent legitimate business  need for  such 
information. 

TERMINATION.  Subject  to  applicable  law,  either  You  or  We  may  cancel             
Your Account  at any time  whether or  not You  are  in  default.  You  will,  in  any case, 
remain liable to pay any unpaid balances according to the terms of this Agreement.  

GOVERNING LAW. This Agreement is controlled and governed by the laws of the 
Commonwealth of Pennsylvania except to the extent that such laws are inconsistent 
with controlling federal law. 

Your Billing Rights: Keep this Document for Future Use 

This notice tells You about Your rights and Our responsibilities under the Fair 
Credit Billing Act. 

What To Do If You Find A Mistake On Your Statement 

If You think there is an error on Your statement, write to Us at Our address shown in 
this Agreement. In Your letter, give us the following information: 

 
 
 

Account information: Your name and Account number. 
Dollar amount: The dollar amount of the suspected error. 
Description  of  problem:  If  You  think  there  is  an  error  on  Your  bill,  describe                  
what You believe is wrong and why You believe it is a mistake. 

You must contact Us: 

  Within 60 days after the error appeared on Your statement.  
 

At  least  three  business  days  before  an  automated  payment  is  scheduled,                  
if You want to stop payment on the amount You think is wrong. 

You must notify Us of any potential errors in writing. You may call Us, but if You do 
We are not required to investigate any potential errors and You may have to pay the 
amount in question. 

IN  TERMS.  We  may  change 

CHANGE 
mailing  or  delivering  to  You  written  notice  of  the  changes  as  prescribed  by  the 
Federal Truth-In-Lending Act. To the extent permitted by law, the right to change the 
terms  of  this  Agreement  includes,  but  is  not  limited  to,  the  right  to  change  the 
periodic rate applicable to Your unpaid balance and/or future advances. 

terms  of 

the 

this  Agreement  by             

What Will Happen After We Receive Your Letter 

When We receive Your letter, We must do two things: 

Copyright Oak Tree Business Systems, Inc., 2015-2017. All Rights Reserved. 

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1)  Within  30  days  of  receiving  Your 

letter,  We  must 

tell  You 

that  We                           

received  Your  letter.  We  will  also  tell  You  if  We  have  already  corrected                
the error. 

2)  Within  90  days  of  receiving  Your  letter,  We  must  either  correct  the  error                    

We must tell You the name of anyone to whom we reported You as delinquent, and 
We  must  let  those  organizations  know  when  the  matter  has  been  settled  between 
Us. If We do not follow all of the rules above, You do not have to pay the first $50.00 
of the amount You question even if Your bill is correct. 

or explain to You why We believe the bill is correct. 

While We investigate whether or not there has been an error: 

Your Rights If You Are Dissatisfied With Your Credit Card Purchases 

 

 

 

  We  cannot  try  to  collect  the  amount  in  question,  or  report  You  as                                      

delinquent on that amount. 
The  charge  in  question  may  remain  on  Your  statement,  and  We  may                                
continue to charge You interest on that amount. 

  While  You  do  not  have  to  pay  the  amount  in  question,  You  are  responsible                       

for the remainder of Your balance. 

  We can apply any unpaid amount against Your Credit Limit. 

After We finish Our investigation, one of two things will happen: 

If  We  made  a  mistake:  You  will  not  have  to  pay  the  amount  in  question  or                       
any interest or other fees related to that amount. 
If  We  do  not  believe  there  was  a  mistake:  You  will  have  to  pay  the                   
amount  in  question,  along  with  applicable  interest  and  fees.  We  will  send                   
You  a  statement  of  the  amount  You  owe  and  the  date  payment  is  due.             
We  may  then  report  You  as  delinquent  if  You  do  not  pay  the  amount  We                
think You owe.  

If You are dissatisfied with the goods or services that You have purchased with Your 
Credit  Card,  and  You  have  tried  in  good  faith  to  correct  the  problem  with  the 
merchant,  You  may  have  the  right  not  to  pay  the  remaining  amount  due  on  the 
purchase. To use this right, all of the following must be true: 

1)   The  purchase  must  have  been  made  in  Your  home  state  or  within  100                 
  miles  of  Your  current  mailing  address,  and  the  purchase  price  must  have             

been  more  than  $50.00.  (Note:  Neither  of  these  are  necessary  if  Your                      
purchase was based on an advertisement We mailed to You, or if We own the 
company that sold You the goods or services.) 

2)  You  must  have  used  Your  Credit  Card  for  the  purchase.  Purchases  made             

with  cash  advances  from  an  ATM  or  with  a  check  that  accesses  Your                   
Credit Card account do not qualify. 

3)  You must not yet have fully paid for the purchase. 

If  all  of  the  criteria  above  are  met  and  You  are  still  dissatisfied  with  the  purchase, 
contact Us in writing at Our address shown in this Agreement.  

If You receive Our explanation but still believe Your bill is wrong, You must write to 
Us  within  10  days  telling  Us  that  You  still  refuse  to  pay.  If  You  do  so,  We  cannot 
report  You  as  delinquent  without  also  reporting  that  You  are  questioning  Your  bill. 

While We investigate, the same rules apply to the disputed amount as discussed 
above.  After  We  finish  Our  investigation,  We  will  tell  You  Our  decision.  At  that 
point,  if We  think  You  owe  an  amount  and  You  do  not  pay, We  may  report  You  
as delinquent.    

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PRICING INFORMATION ADDENDUM - 
CREDIT CARD ACCOUNT AGREEMENT 
AND FEDERAL DISCLOSURE STATEMENT 

THIS  IS  YOUR  ADDENDUM  THAT  CONTAINS  PRICING  INFORMATION  FOR  YOUR  VISA  PLATINUM, 
VISA  PLATINUM  PLUS  AND  VISA  SECURED  CREDIT  CARD  AGREEMENT  AND  DISCLOSURE. 
PLEASE  BE  SURE  TO  READ  THIS  ADDENDUM  CAREFULLY  AND  NOTIFY  US  AT  ONCE  IF  ANY 
PARTS ARE UNCLEAR. 

2141 Downyflake Lane 
Allentown, PA 18103 
610.797.7440 
800.446.5598 
PeopleFirstCU.org 

Interest Rate and Interest Charges 

Annual Percentage Rate 
(APR) For Purchases 

VISA Platinum 2.90% Introductory APR for 6 months. 

After that,  Your APR  will be 9.90% - 18.00%,  based on  Your creditworthiness 
at the time You establish Your Account. This APR will vary with the market based on the 
Prime Rate. 

VISA Platinum Plus 2.90% Introductory APR for 6 months. 

After that, Your APR will be 10.90% - 13.90%, based on Your creditworthiness 
at the time You establish Your Account. This APR will vary with the market based on the 
Prime Rate. 

VISA Platinum Secured 2.90% Introductory APR for 6 months. 

After that, Your APR will be 9.90%. 

Annual Percentage Rate 
(APR) For Balance Transfers 

VISA Platinum 2.90% Introductory APR for 6 months. 

After that, Your APR will be 9.90% - 18.00%, based on Your creditworthiness at the time 
You  establish  Your  Account.  This  APR  will  vary  with  the  market  based  on  the  Prime 
Rate. 

VISA Platinum Plus 2.90% Introductory APR for 6 months. 

After  that,  Your  APR  will  be  10.90%  -  13.90%,  based  on  Your  creditworthiness  at  the 
time You establish Your Account. This APR will vary with the market based on the Prime 
Rate. 

VISA Platinum Secured 2.90% Introductory APR for 6 months. 

After  that,  Your  APR  will  be  9.90%.  This  APR  will  vary  with  the  market  based  on  the 
Prime Rate. 

Annual Percentage Rate 
(APR) For Cash Advances 

VISA Platinum 2.90% Introductory APR for 6 months. 

After that, Your APR will be 9.90% - 18.00%, based on Your creditworthiness at the time 
You  establish  Your  Account.  This  APR  will  vary  with  the  market  based  on  the  Prime 
Rate. 

Paying Interest 

VISA Platinum Plus 2.90% Introductory APR for 6 months. 

After  that,  Your  APR  will  be  10.90%  -  13.90%,  based  on  Your  creditworthiness  at  the 
time You establish Your Account. This APR will vary with the market based on the Prime 
Rate. 

VISA Platinum Secured 2.90% Introductory APR for 6 months. 

After  that,  Your  APR  will  be  9.90%.  This  APR  will  vary  with  the  market  based  on  the 
Prime Rate. 

Your due date is at least 27 days after the close of each billing cycle. We will not charge You 
interest on purchases if  You pay  Your entire balance  owed each month by  Your payment's 
due  date.  We  will  begin  charging  interest  on  cash  advances  and  balance  transfers  on  the 
transaction date. 

To learn more about factors to consider when applying for or using a Credit Card, visit the 
website of the Consumer Financial Protection Bureau at 
http://www.consumerfinance.gov/learnmore. 

SEE TOP OF PAGE 2 for more important information regarding Your Account 

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Fees  

Annual Fee 

Transaction Fees 

  Foreign Transaction Fee 

For VISA Platinum Secured, $20.00 

1.00% of each foreign currency transaction in U.S. dollars. 
0.80% of each U.S. Dollar transaction that occurs in foreign country. 

Penalty Fees 

  Returned Payment 
  Late Payment 

Up to $30.00 
Up to $25.00  

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See Your 
Account Agreement for details. 

Billing Rights: Information on Your rights to dispute transactions and how to exercise those rights is provided in Your Account 
Agreement. 

SEE PAGE 1 for more important information regarding Your Account 

FINANCE CHARGES. In the case of any transactions on Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances 
outstanding during the month (including new transactions). Separate average daily balances are calculated for purchases, balance transfers and cash advances (including 
Letter Checks). 

To get the average daily balance for purchases, We take the beginning balance for purchases each day, add any new purchases, debit adjustments or other charges and 
subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance for purchases. Then, We add up all the daily balances for purchases during 
the billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for purchases. To get the average daily 
balance  for  balance  transfers,  We  take  the  beginning  balance  for  balance  transfers  each  day,  add  any  new  balance  transfers,  debit  adjustments  or  other  charges  and 
subtract  any  payments, credits and unpaid  Finance  Charges.  This  gives  Us the daily  balance  for  balance transfers.  Then, We  add  up all  the  daily  balances for  balance 
transfers during the billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for balance transfers. To 
get the average daily balance for cash advances (including Letter Checks), We take the beginning balance for cash advances and Letter Checks each day, add any new 
cash advances and Letter Checks, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance for 
cash advances (including Letter Checks). Then, We add up all the daily balances for cash advances (including Letter Checks) during the billing cycle and divide them by the 
number of days in the billing cycle. This gives Us the average daily transactions balances for cash advances (including Letter Checks). The Finance Charge for a billing 
cycle  is  computed  by  multiplying  each  of  the  average  daily  balances  subject  to  a  Finance  Charge  by  the  applicable  Monthly  Periodic  Rate.  The  sum  of  these  separate 
Finance Charge calculations is the Finance Charge you owe for that billing cycle.   

Your payment due date is at least 27 days after the close of each billing cycle. You can avoid Finance Charges on purchases each month by paying the full amount of the 
entire balance owed by the payment due date reflected in Your periodic statement.  

Otherwise,  the  new  balance  of  purchases,  and  subsequent  purchases  from  the  date  they  are  posted  to  Your  Account,  will  be  subject  to  a  Finance  Charge.  Balance 
Transfers and cash advances (including Letter Checks) are always subject to a Finance Charge from the later of the date they are posted to Your Account or from the first 
day of the billing cycle in which the cash advance is posted to Your Account. 

Transactions will accrue finance charges at an introductory Monthly Periodic Rate of 0.2417% (corresponding to an ANNUAL PERCENTAGE RATE of 2.90%) through the 
first 6 billing cycles following the date that Your Account is established (i.e. 6 months). Upon the expiration of the introductory rate period, the entire balance of transactions 
existing at that time and in the future will be subject to the non-introductory Monthly Periodic Rate and its corresponding Annual Percentage Rate described elsewhere in 
this Agreement. 

The Monthly Periodic Rate that will apply to Your VISA Platinum Account is 0.8250% - 1.5000% (corresponding ANNUAL PERCENTAGE RATE of 9.90% - 18.00%), based 
on Your creditworthiness at the time You establish Your Account. 

The Monthly Periodic Rate that will apply to Your VISA Platinum Plus Account is 0.9083% - 1.1583% (corresponding ANNUAL PERCENTAGE RATE of 10.90% - 13.90%), 
based on Your creditworthiness at the time You establish Your Account. 

The Monthly Periodic Rate that will apply to Your VISA Platinum Secured Account is 0.8250% (corresponding ANNUAL PERCENTAGE RATE of 9.90%). 

VARIABLE  RATE.  All  advances  are  subject  to  a  Variable  Rate  which  is  based  on  the  highest  Prime  Rate  as  published  in  the  Money  Rates  section  of  The Wall  Street 
Journal in effect on the last business day of each calendar month ("Index") plus Our Margin. The Index plus the Margin equals the Interest Rate. Changes in the Index will 
cause changes in the Interest Rate on the first day of the billing cycle that immediately follows any such change in the Index. Increases or decreases in the Interest Rate will 
cause like increases or decreases in the Finance Charge and will affect the number of Your regularly scheduled payments. Your Interest Rate will never be greater than 
18.00% and will apply to Your remaining principal balance. 

The Margin that will apply to Your VISA Platinum Account is 5.65% - 14.65%, based on Your creditworthiness at the time You establish Your Account. 

The Margin that will apply to Your VISA Platinum Plus Account is 6.65% - 9.65%, based on Your creditworthiness at the time You establish Your Account. 

The Margin that will apply to Your VISA Platinum Secured Account is 5.65%. 

Copyright Oak Tree Business Systems, Inc., 2015-2017. All Rights Reserved. 

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