Listerhill.com >Services >Credit Cards >VISA Credit Card Agreement

In this agreement the words “you” and “your” mean each and all of those who
apply for the Card. “Card” means the VISA Credit Card and any duplicates and
renewals we issue. This agreement applies to everyone who receives, signs or
uses a Card issued under this Agreement. “Account” means your VISA Credit
Card Line of Credit account with us. “We”, “us” and “ours” means LISTERHILL
CREDIT UNION.

1. Responsibility. By using your Card, you agree to repay all debts and the
FINANCE CHARGE arising from the use of the Card and the Card Account. For
example, you are responsible for charges made by yourself, your spouse and
minor children. You also agree to be responsible for charges made by anyone
else whom you give the Card, and this responsibility continues until the Card is
recovered. You cannot disclaim responsibility by notifying us, but we will close
the Card Account for new transactions if you so request and if you return all
Cards. Your obligation to pay the account balance continues even though an
agreement, divorce decree or other court judgment to which we are not a party
may direct you or one of the other persons responsible to pay the account. Any
person using the Card is jointly responsible with you for charges he or she
makes, but if that person signs the Card, he or she becomes a party to this
Agreement and is also jointly responsible for all charges on the account,
including yours. You agree the Card may not be used for any illegal or unlawful
activity or transactions, including but not limited to, gambling.

2. Lost Card Notification. If you believe the card has been lost or stolen, you will
immediately call the Credit Union at: (256) 383-9204 or 1-800-239-6033.

3. Liability for Unauthorized Use. If you tell the Credit Union after learning of
the loss or theft of the Card your liability for unauthorized transactions using the
Visa system is zero. If you tell the Credit Union within two days after learning
the loss of the card your liability for unauthorized transactions is $50.00. For
ATM transactions your liability is $500 if you do not tell the Credit Union within
two business days and if you do not tell us within sixty (60) days after the
statement was mailed, you may not get back any money you lost if we can prove
that we could have stopped someone from taking the money had you told us in
time. We may require you to provide a written statement regarding claims of
unauthorized transactions. If we determine that you have been grossly negligent
or fraudulent in the handling of your account or Card, your liability may increase.
These rules do not apply to other electronic transfers. Notice Regarding Non-
Visa Pinless Debit Card Transactions: You may use your Visa Debit Card to
initiate both Visa debit transactions and non-Visa debit transactions without
using a personal identification number (PIN) to authenticate the transactions. To
initiate a Visa debit transaction, you may sign a receipt, provide a card number or
swipe your card through a point-of-sale (POS) terminal and choose to route the
transaction over a Visa network. To initiate a non-Visa debit transaction, you
may enter a PIN at a point-of sale terminal or, for certain bill payment
transactions, provide the account number for an e-commerce or mail/telephone

order transaction after clearly indicating a preference to route it as a non-Visa
transaction. We have enabled non-Visa debit transaction processing on the
VISA, PLUS and STAR networks. The rights and protections applicable only to
Visa debit transactions, including additional consumer liability limits and
streamlined error resolution procedures, as described in your Electronic Fund
Transfers Agreement and Disclosure will not apply to transactions processed
through non-Visa networks. Please contact the Credit Union with any questions
you may have regarding this notice.

4. Credit Line. Upon approval, we will establish a self-replenishing Line of Credit
for you and notify you of its amount when we issue the Card. You agree not to let
the Account balance exceed this approved Credit Line. Each payment you make
on the Account will restore your Credit Line by the amount of the payment
which is applied to principal. You may request an increase in your Credit Line
only by written application to us, which must be approved by our loan committee
or loan officer. By giving you written notice, our loan committee may reduce
your Credit Line from time to time, or with good cause, revoke your Card and
terminate this Agreement. Good cause includes your failure to comply with this
Agreement or our adverse reevaluation of your creditworthiness. You may also
terminate this Agreement at any time, but termination by either you or us does
not affect your obligation to pay the Account balance. The Cards remain our
property and you must recover and surrender to us all Cards upon our request
and upon termination of this Agreement.

5. Credit Information. You authorize us to investigate your credit standing when
opening, renewing or reviewing your Account, and you authorize us to disclose
information regarding your Account to credit bureaus and other creditors who
inquire of us about your credit standing.

6. Monthly Payments. Each month you must pay at least the minimum payment
shown on your statement by the date specified on the statement or not later
than 25 days from the statement closing date, whichever is later. If your
statement says the payment is “Now Due,” your payment is due no later than 25
days from the statement closing date. You may pay more frequently, pay more
than the minimum payment or pay the Total New Balance in full. If you make
extra or larger payments, you are still required to make at least the minimum
payment each month if your Account has a balance (other than a credit balance).
The minimum payment is 2.00% of your Total New Balance or $15.00, whichever
is greater, not to exceed your Total New Balance, plus the amount of any prior
minimum payments that you have not made, and any amount you are over your
credit limit. The Credit Union also has the right to demand immediate payment
of any amount by which you are over your credit limit. To the extent your
payments exceed the minimum payment due each billing period, we will apply
them to balances with higher rates prior to balances with lower rates. In the
event a payment is late 10 days or more, you will be charged a late payment fee
of up to $25.00.

7. Finance Charges. You have a 25-day grace (no finance charge) period on your
purchase balance and for new purchases if you paid the Total New Balance for
your Account on your last statement by the end of the grace period. You also
have a 25-day grace period for new purchases if you did not have a purchase
balance on your last statement. The grace period starts on the statement closing

date. If you do not pay the Total New Balance for your Account by the end of the
grace period, FINANCE CHARGE will be imposed on the unpaid purchase
balance from the first day of the next billing cycle and on new purchases from
the date they are posted to your Account. FINANCE CHARGE is imposed on
cash advances from the date they are posted to your Account.
The FINANCE CHARGE will be based on your credit score set according to the
following table:

RISK-BASED PRICING TABLE

Credit Score Range ......... Annual Percentage Rate
730 or above ......... 8.50%
690-729 ......... 9.75%
660-689 ......... 10.75%
620-659 ......... 14.00%
001-619 ......... 17.50%

The initial Annual Percentage Rate (APR) applied to your card account will be
disclosed to you when you receive your card and is based on your
creditworthiness. Your credit score will be measured periodically and your
credit tier may be adjusted up or down or remain the same based upon changes
in your credit score. To get the average daily balance for your Account, the daily
balances for the billing cycle are added and the total is divided by the number of
days in the cycle. To get the daily balance, new cash advances and new purchases
are added to the day’s beginning balance and payments and credits are
subtracted; however, new purchases are not added if you paid the Total New
Balance for your Account on your last statement by the end of the grace period
or if you did not have any balance during the previous cycle. Fees are not
included in the calculation of the average daily balance. FINANCE CHARGE will
continue to accrue on your account until what you owe under this Agreement Is
paid in full.

8. Default. You will be in default if you fail to make any Minimum Payment when
due. You will also be in default if (a) your ability to repay us is materially reduced
by a change in your employment, an increase in your obligations, bankruptcy or
insolvency proceeding involving you, your death or your failure to abide by this
Agreement, (b) the value of our security interest materially declines, (c) you
break any promise you have made to us under this Agreement or any other
agreement you have with us is not true, or (d) we should otherwise feel insecure
in receiving payment of the Account Balance for whatever reason. We have the
right to demand immediate payment of your full account balance if you default,
without giving any notice to you. In the event of default, you agree to pay all
costs of collecting the amount you owe under this agreement including, if the
unpaid balance under this plan is greater than Three Hundred Dollars ($300.00)
at the time of collection, reasonable attorney’s fees if the debt is referred for
collection to an attorney who is not our employee and if suit is filed, court costs.

9. Using the Card. You may use the card issued to you to make purchases in
person, and by mail or telephone from merchants and others who accept VISA
cards. In addition, you may obtain cash advances by using the card or special
drafts issued for this purpose. Cash advances may be received from the Credit
Union, from other financial institutions participating in the VISA program and
from automated teller machines (ATMs), such as VISA ATM Network, which
provide access to the VISA system. (Not all ATMs provide such access). You will
need to use your card and Personal Identification Number (PIN) to obtain a cash
advance from an ATM. The monthly statement will identify the merchant,
electronic terminal or financial institution at which transactions were made, but
sales, cash advance, credit or other slips cannot be returned with the statement.
You will retain the copy of such slips furnished at the time of the transaction in
order to verify the monthly statement. The credit union may make a reasonable
charge for photocopies of slips you request.

10. Returns and Adjustments. Merchants and others who honor the Card may
give credit for returns or adjustments, and they will do so by sending us a credit
slip which we will post to your account. If your credits and payments exceed
what you owe us, we will hold and apply this credit balance against future
purchases and cash advances, or if it is $1 or more, refund it on your written
request or automatically after 6 months.

11. Foreign Transactions. Purchases and cash advances made in foreign
countries and foreign currencies will be billed to you in U.S. Dollars. 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 the government mandated in effect for applicable
central processing date, in each instance, plus the 1% International Transaction
Fee.

12. Plan Merchant Disputes. We are not responsible for the refusal for any plan
merchant or financial institution to honor your Card. We are subject to claims
and defenses (other than tort claims) arising out of goods or services you
purchase with the Card only if you have made a good faith attempt, but have
been unable to obtain satisfaction from the plan merchant, and: (a) your
purchase was made in response to an advertisement we sent or participated in
sending you, or (b) your purchase cost more than $50 and was made from a plan
merchant in your state or within 100 miles of your home. Any other disputes you
must resolve directly with the plan merchant.

13. Security Interest. To secure your Card Account, you grant us a purchase
money security interest under the Uniform Commercial Code in any goods you
purchase through use of the account. If you default, we will have the right to
recover any of these goods which have not been paid for through our application
of your payments in the manner described in Paragraph 6.

By using the card you hereby pledge all share and/or deposits (including
amounts in draft accounts) and payments and earning thereon which you now
or hereafter may have with us, whether held jointly, individually, or in trust, as
security for any and all monies advanced or purchases made by use of the Card
and any interest accrued thereon. You authorize us to take what you owe us

out of any account (except Individual Retirement Accounts) you have with us.
By use of the card, you acknowledge that you have signed a separate security
agreement granting a security interest in all shares and/or deposits in the
Credit Union (except Individual Retirement Accounts) including all accounts
from which you have the right to withdraw. By using the card, you agree that
collateral securing any other debt with the Credit Union will also secure this
account.

14. Effect of Agreement. This Agreement is the contract which applies to all
transactions on your account even though the sales, cash advances, credit or
other slips you sign or receive may contain different terms. We may amend this
Agreement from time to time by sending you any advance written notice
required by law. Any amendment to this Agreement will take effect on the day it
is mailed unless advance notice is required by law. Your use of the Card
thereafter will indicate your agreement to the amendments. To the extent the
law permits, and we indicate in our notice, amendments will apply to your
existing Account balance as well as to future transactions.

15. Governing Law. The terms and conditions of this Agreement are governed
by and construed in accordance with the laws of the State of Alabama and any
applicable law.

16. Delay in Enforcement. No delay in enforcement of our rights under this
Agreement will result in any loss of our rights or relieve you of any of your
obligations.

17. Invalidity of Provisions and Captions. If any provision of this Agreement is
deemed invalid the rest of this Agreement will remain in full force and effect. The
paragraph headings are for convenience only and do not form a part of this
Agreement.

18. Copy Received. You acknowledge receipt of a copy of this Agreement and
Billing Rights Statement.

QUESTIONS?

While we hope you find the information you need online, we want to remind you
that Listerhill is more than a website. We’re your credit union, and we look
forward to helping you. Call us at (256) 383-9204 or 1-800-239-6033 for
friendly, local assistance. Better yet, stop by one of our branches for some
personal service.

© 2016 Listerhill Credit Union. All Rights Reserved.

Federally Insured by the NCUA.