Share Secured Visa Credit Card Agreement 

Share Secured Credit Card Agreement 
In this agreement, the words “you” and “your” mean each person 
who has signed the application for the card. “Card” means the 
SECU VISA Platinum Credit Card, SECU VISA Platinum 
ScoreCard™ Credit Card, or the SECU VISA Student Credit 
Card, as the case may be, and any duplicates and renewals we 
issue. “Account” means your VISA Credit Card line of Credit 
account with us. “We”, “us” and “ours” mean State Employees 
Credit Union of Maryland, Incorporated (SECU). 

1. RESPONSIBILITY: If we issue you a 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, authorized users you designate, your spouse and minor children. 
You are also responsible for charges made by anyone else to 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 account for new transactions if you so request in writing and 
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. Each of you who has signed the application is 
individually and jointly obligated for all payments due under this agreement. You agree to use 
this Account only for personal, family, household or charitable purchases. You will not use this 
Account for any illegal transactions. 
2. LOST CARD NOTIFICATION: If you believe your card, convenience checks and/or 
Personal Identification Number (PIN) has been lost or stolen, you will immediately call us at 410-
487-7328 or 1-800-879-7328, Monday through Friday, 8:30 a.m. to 5:00 p.m. During evenings, 
weekends and holidays, call 1-800-299-9842. 
3. LIABILITY FOR UNAUTHORIZED USERS: You understand you will not be liable to 
SECU for any card transactions resulting from the loss, theft or other unauthorized use of the card 
that occurs prior to the time you notify SECU in accordance with Federal Law. 
4. CREDIT LINE: If we approve your application, 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 limit by the amount of the payment applied to principal. You may request an 
increase in the amount of your credit line by written application or oral communication to us. It 
must be approved by our loan office. We may increase the amount of your credit line at our 
option. By giving you written notice, we 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 the agreement, or our adverse re-evaluation of your credit worthiness. You 
may also terminate this agreement at any time, but termination by either of 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 and any unused transfer and/or convenience checks 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 to the extent authorized in our bylaws. 
6. MONTHLY PAYMENT: We will mail you a statement every month showing your previous 
balance of purchases and cash advances, the current transactions to your account, the remaining 
credit available under your credit line, the new balances of purchases and cash advances, the total 

 
  
new balance, the FINANCE CHARGE due to date and the minimum payment required. Every 
month you must pay at least the minimum payment within 25 days of your statement closing date. 
You may pay more frequently, pay more than the minimum payment required or pay the total 
new balance in full and you will reduce the FINANCE CHARGE by doing so. The minimum 
payment will be either: 
(a) 2.5% of your total new balance or $20, whichever is greater; or 
(b) Your total new balance if it is less than $20 plus any portion of the minimum payment shown 
on prior statements that remains unpaid. 
In addition, at any time your total new balance exceeds your credit line, you must immediately 
pay the excess upon our demand. We will apply your payments first to balances with the highest 
annual percentage rate and any remaining portion to other balances in descending order based on 
the applicable annual percentage rate. However, if you pay by check, the amount of your payment 
may not be applied to your available credit line for such period of time as we reasonably 
determine is necessary to ensure that your check is honored. We may also allow you to skip a 
payment. If we do, we will notify you in advance of this option. If you choose to skip a payment 
when offered, we will continue to assess FINANCE CHARGES. You agree to pay us in U.S. 
dollars drawn on funds on deposit in the United States using a payment check, similar instrument, 
or automatic debit that will be processed and honored by your financial institution. We reserve 
the right to accept payments made in foreign currency. If we do, we will select the currency 
conversion rate at our discretion. 
7. IRREGULAR PAYMENTS: We reserve the right to accept late payments or check and 
money orders marked “payment in full” without any prejudice to our rights under this agreement.  
If a check is presented for payment before the date you write on the check or the check is not 
dated, SECU has the right to process the check for payment or return it unpaid. You will hold 
SECU harmless for any action in payment or non-payment of the check. 
8. FINANCE CHARGES: Your due date is at least 25 days after the close of each billing cycle.  
We will not charge you any interest on purchases if you pay your entire balance by  
the due date each month. If you do not pay the total new balance for purchases by the due date, 
FINANCE CHARGES will be imposed on the unpaid purchase balance from the first date of the  
last billing cycle and on new purchases from the day they are posted to your account. For cash 
advances and balance transfers, FINANCE CHARGES will begin to accrue from the date of the 
transaction and continue to accrue until payment in full is credited to your account. Separate 
average or daily balances are calculated for purchases and cash advances. The FINANCE 
CHARGE is calculated by multiplying the average daily balances by a monthly periodic rate of 
0.87 which is an ANNUAL PERCENTAGE RATE of 10.49%. To get the "average daily 
balance" for purchases we take the beginning balance of your account each day, add any new 
purchases, and subtract any  payments or credits, and unpaid finance charges. This gives us the 
daily balance. Then, we add up all the daily balances for the billing cycle  
and divide the total by the number of days in the billing cycle. This gives us the "average daily 
balance." To get the daily balance for cash advances, new cash advances are added to  
the day’s beginning balance and payments and credits are subtracted. Fees are not included in the 
calculation of the average daily balance. FINANCE CHARGES will continue to 
accrue on your account until what you owe under this agreement is paid in full.  
9. LATE CHARGE: In addition to the continued accrual of the FINANCE CHARGE at the 
daily periodic rate, if you fail to pay at least the minimum payment within 15 days after it is due, 
we may assess a late charge of $25.00 for each delinquent payment. 
10. THE CONDITIONS UNDER WHICH ANY OTHER CHARGES MAY BE IMPOSED: 
These charges will be added to your purchase balance: 
(a) DISHONORED CHECK - A $15.00 fee may be imposed if payment is made with a check 
that is dishonored on the second presentment. 

(b) RESEARCH CHARGE - A $6.00 fee will be charged to your account if you request a copy 
of a sales’ or cash advance draft that is not part of a chargeback or fraud claim. This fee will also 
apply to each statement request. 
(c) ADDITIONAL CARDS - We will issue up to four (4) cards at no cost. Rush requests are 
$25.00 per request. 
 11. DEFAULT: You will be in default if you fail to make a minimum payment within 25 days 
after your monthly statement closing date. You will be in default if you break any promise you 
made or any security agreement made in connection with an advance. You will be in default if 
you die, file for bankruptcy, or become insolvent, that is, unable to pay your obligations when 
they become due. You will be in default if you make any false or misleading statements in any 
credit application or update of credit information. You will also be in default if something 
happens that SECU believes may substantially reduce your ability to repay what you owe. When 
you are in default SECU can demand immediate payment of the entire amount you owe without 
giving you advance notice. You will also be required to pay our collection expenses, including 
court costs and an additional sum equal to 20% of the aggregate of the principal and interest due 
if your account is referred to an attorney at law or to a collection agency for collection. You 
authorize us to submit payroll deduction requests, when available, from your wages, salary or 
pension to the State of Maryland or other employee agency for any amounts in default without 
additional authorization. 
12. DELAY IN ENFORCEMENT: We can delay enforcing any right under this Agreement 
without losing that right or any other right. 
13. SEVERABILITY: If any provision of this Agreement is held invalid, all provisions that are 
severable from the invalid provision remain in effect. 
14. ACCESSING THE ACCOUNT: To make a purchase or cash advance there are three 
alternatives: 
(a) Present the card to a participating VISA® plan merchant, to us or to another financial 
institution. Then sign the sales or cash advance draft that has been imprinted with your card 
information. 
(b) Complete the transaction by using your Personal Identification Number (PIN) in conjunction 
with the card in an Automated Teller Machine (ATM) or other type of electronic terminal that 
provides access to the VISA system. 
(c) Issue a convenience check for the payment of goods, services or cash. Sales, cash advance 
checks, 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 to verify the monthly statement. State 
Employees Credit Union of Maryland, Inc. (SECU) may charge a reasonable fee for photocopies 
of slips you request. 
15. CARD RENEWAL: Cards are issued with an expiration date. We have the right 
not to renew your card for any reason. 
16. 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 
and cash advances, or if $1.00 or more, refund it on your written request or automatically 
after 6 months. 
17. FOREIGN TRANSACTIONS: Purchases and cash advances made in foreign countries and 
foreign currencies will be billed to you in U.S. dollars. Up to a 1% International Transaction Fee 
will be assessed on all transactions where the merchant country differs from the country of the 
card issuer. The converted transaction will be shown separately from the international 
Transaction Fee on your billing statement. This fee will be assessed on all international 
purchases, credit vouchers, and cash disbursements. The exchange rate for transactions in 
foreign currency will be 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 rate in effect for the 
applicable central processing date plus up to a 1% International Transaction Fee. 
18. PLAN MERCHANT DISPUTES: We are not responsible for the refusal of any plan 
merchant or financial institution to honor your card. We are subject to claims and defenses (other 
than tort claims) as set forth herein under, “Special Rules For Credit Card Purchases.” You must 
resolve any other disputes directly with the plan merchant. We may limit the dollar amount and/or 
the number of transactions which may be approved in one day. If we detect unusual or suspicious 
activity on your account, we may temporarily suspend your credit privileges until we can verify 
the activity. We may approve transactions which cause the balance to exceed your credit line 
without waiving any of our rights to this Agreement. 
19. SECURITY INTEREST: You give the share and deposit accounts listed herein as Security 
for this Agreement. By signing the Security Agreement attached hereto and incorporated herein 
by reference, you give us a security interest called a pledge in all shares and deposits shown on 
the Security Agreement. If you are in default, we can take money from your shares or deposits to 
make any payments that are past due as well as any late charges. 

You have a given Consensual Security Interest, incorporated by reference herein, in your 
SECU Savings or Money Manager account, as security for any advances to you or on your 
behalf on any SECU VISA® Credit Card, excepting those accounts that have an adverse tax 
consequence. 

20. CASH ADVANCES: Cash advances can be obtained through an ATM, convenience checks, 
SECU branches and other financial institutions. Upon your written direction, or through SECU’s 
website, cash advances, including ATM, transfer and convenience checks, may be made against 
your VISA account and applied to any of your SECU accounts, or other accounts in the same 
manner as if the cash advance were paid to you. Deposit of the cash advance to any of your 
SECU accounts obligates you to repayment of the cash advance per the terms of this Agreement. 
21. BALANCE TRANSFER(S): Balance Transfers are treated as a cash advance. Finance 
charges for balance transfers will begin to accrue from date of the transaction and continue to 
accrue until payment in full is credited to your account. Total value of transfer request(s) cannot 
exceed credit line and/or credit availability whichever is less. SECU sends either full or partial 
payment to your creditors in the order you list them. Allow at least 2 weeks from request date 
for processing of the balance transfer. Continue paying each creditor until the transfer appears as 
a credit. Do not transfer any disputed purchase or other charge because you may lose your dispute 
right. 
22. EFFECT OF AGREEMENT: This Agreement is the contract that 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 
the advance written notice required by Federal and State law. Your use of the card thereafter will 
indicate your agreement to the amendments.   
23. GOVERNING LAW: This Agreement is governed by the Annotated Code of Maryland, 
Financial Institutions Article, Title 6 and the Annotated Code of Maryland, Commercial Law 
Article, Title 12, Subtitle 9 and applicable federal law or regulation. 
24. VISA STATEMENTS AND NOTICES: On a regular basis, you will receive a statement 
showing all transactions for this account during the period covered by the statement. Statements 
and notices will be mailed to you at the most recent address you have given SECU in writing. 
Notice to any one of you will be notice to all. 

 
 
 
25. UPDATING INFORMATION: You promise that you will promptly give SECU written 
notice if you move, change your name or employment, or if any other information you provide to 
SECU changes. You also agree to provide SECU with updated financial information about 
yourself upon request. 
26. COPY RECEIVED: By signing, using or accepting the SECU VISA card, you acknowledge 
receipt of this Agreement and agree to the terms herein. 
27. STOP PAYMENT: If before a Transfer or Convenience Check drawn on your Account has 
been honored, you notify us not to pay it, we will stop payment on the check. You must send us a 
written and signed stop payment order which states the number, payee, amount and date of the 
check on which payment is to be stopped. We may disregard any such order six months after our 
receipt unless you renew it in writing. 
28. CLOSING YOUR ACCOUNT: You can cancel or close your Account by writing to us at 
SECU, 971 Corporate Blvd., Linthicum, MD 21090. Your notice becomes effective within five 
days after we receive it. If you cancel your Account, you must pay everything you owe us, 
including any amounts owed but not yet billed to you. If you do not pay us immediately, 
outstanding balances will continue to accrue FINANCE CHARGES and other charges and be 
subject to the terms and conditions of this Agreement. You also agree to return your card(s) and 
any unused Transfer and/or Convenience Checks to us. 
YOUR BILLING RIGHTS KEEP THIS NOTICE FOR FUTURE USE 
This notice contains important information about your rights and responsibilities under the Fair 
Credit Billing Act. 
NOTIFY US IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR STATEMENT 
If you think your VISA statement is wrong, or if you need more information about a transaction 
on your statement, write us on a separate sheet at SECU, 971 Corporate Blvd., Linthicum, MD 
21090. Write to us as soon as possible. We must hear from you no later than 60 days after we sent 
you the first statement on which the error or problem appeared. You can telephone us at 410-487-
7328 (Baltimore Metro Area) or (Toll Free) 1-800-879-7328, but doing so will not preserve your 
rights. 
In your letter, give us the following information: 
1. Your name and account number. 
2. The dollar amount of the suspected error. 
3. Describe the error and explain, if you can, why you believe there is an error. If you need more 
information, describe the item you are not sure about. 
YOUR RIGHTS AND OUR RESPONSIBILITIES AFTER WE RECEIVE YOUR 
WRITTEN NOTICE. 
We must acknowledge your letter within 30 days, unless we have corrected the error by then. 
Within 90 days, we must either correct the error or explain why we believe the statement was 
correct. After we receive your letter, we cannot try to collect any amount you question and we 
cannot report you as delinquent. We can continue to send statements to you for the amount you 
question, including FINANCE CHARGES, and we can apply any unpaid amount against your 
credit limit. You do not have to pay the questioned amount while we are investigating, but you 
are still obligated to pay the parts of your statement that are not in question. If we find that we 
made a mistake on your statement, you will not have to pay any FINANCE CHARGES related to 
any questioned amount. If we didn’t make a mistake, you have to pay FINANCE CHARGES, and 
you will have to make up any missed payments on the questioned amount. In either case, we will 
send you a statement of the amount you owe and the date that it is due. If you fail to pay the 
amount that we think you owe, we may report you as delinquent. 
We must tell you the name of anyone we reported you to, and, we must tell anyone we report you 
to that the matter has been settled between us when it finally is. However, if our explanation does 
not satisfy you and you write to us within ten (10) days telling us that you still refuse to pay, we 
must tell anyone we report you to that you have a question about your account. If we don’t follow 

these rules, we can’t collect the first $50 of the questioned amount, even if your statement was 
correct. 
SPECIAL RULES FOR CREDIT CARD PURCHASES 
If you have a problem with the quality of property or services that you 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 property or services. There are two limitations 
on this right: 
a. You must have made the purchase in your home state or, if not within your home state, within 
100 miles of your current mailing address; and 
b. The purchase must have been more than $50. 
These limitations do not apply if we own or operate the merchant, or if we mailed you the 
advertisement for the property or services. 
BUSINESS DAYS/HOURS 
Business days are Monday through Friday from 8:00 a.m. to 6:00 p.m. and Saturday from 9 a.m. 
to 1 p.m. 
TYPES OF AVAILABLE TRANSFERS AND LIMITS ON TRANSFERS 
You may use your card to: 
a. Pay for purchases at places that have agreed to accept the card. 
b. Obtain cash advances from our ATMs in conjunction with your PIN or at any ATM displaying 
the VISA logo. 
c. Obtain cash advances from any financial institution that has agreed to accept the card. 
There is no limitation on the frequency of cash withdrawals you may make from our ATMs 
except that: 
a. You may not make any cash withdrawals that would result in an outstanding account balance in 
excess of your credit limit, and 
b. You may only make a total of $300 in cash advance withdrawals per day. 
You may withdraw a minimum of $10 and a maximum of $300 per day from our ATMs each 
time you use your card and PIN, subject to a and b above. 
CIRCUMSTANCES IN WHICH WE WILL DISCLOSE ACCOUNT INFORMATION TO 
THIRD PARTIES 
We will disclose information to third parties about your account or the transfers that you make: 
a. When it is necessary for completing transfers, or 
b. To verify the existence and condition of your account for a third party, such as a credit bureau 
or merchant, or 
c. To comply with the government agency or court orders, or 
d. If you give us your written permission. 
YOUR RIGHT TO RECEIVE DOCUMENTATION OF TRANSACTIONS 
You can get a receipt at the time you make any cash advance using one of our automated teller 
machines. You will get a monthly account statement unless there are no transactions in a 
particular month and your balance is zero, unless there are changes to the agreement. 

Pledge of Shares and Deposits (Savings) and Security Agreement 
By signing below, you pledge to State Employees Credit Union of Maryland (SECU), 
Incorporated and grant a security interest in the SECU accounts listed below, to secure your credit 
card account, in which you have full or joint ownership, to secure your SECU VISA account. 
You authorize SECU to apply any Share balance on which you are an authorized owner, to pay 
any amount due under this Agreement if in default. You further understand that your VISA limit 
is established by the available unencumbered shares in your accounts, 
listed below, to secure your credit card account. Once pledged as collateral, these shares are 
permanently restricted, thus unavailable for withdrawal. By signing below, you pledge to us and 

 
grant a security interest in all individual and joint accounts, listed below, to secure your credit 
card account. You authorize us to apply the balance in these account(s) to pay any amounts due 
under this Agreement, if you should default. 

Acct. No. _____________________________Current Balance $_______________. 
Acct. No._____________________________ Current Balance $_______________ . 
Acct. No. _____________________________Current Balance $_______________ . 
Witness our hand(s) and seal(s): 
____________________________________(SEAL)_________________________ . 
Signature of Account Owner  

Date 

____________________________________(SEAL)_________________________ . 
Signature of Account Owner 
Revision 1/10 

Date