F03-L436-8 -0316 
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VISA PLATINUM CREDIT CARD
MEMBERSHIP RULES
Amended August, 2015 

  The  words  “I”,  “we”,  “me”,  “my”  and  “us”  will  mean  each  and 
all persons making application for membership in the credit card 
system operated by the Bank or persons named as members on 
the  front  of  the  Card.  “Card”  means  Visa  Platinum  card  owned 
and  issued  by  the  Bank.  “Bank”  means  Simmons  Bank,  Pine 
Bluff, Arkansas, U.S.A. 
Follow the Rules - 

I  agree  to  accept  and  comply  with  these  membership  rules. 
If I fail to follow the membership rules, the Bank can cancel my 
membership and may demand immediate payment of all amounts 
I  owe. The  Bank  may  amend  the  rules  from  time  to  time.  If  the 
amendment  is  a  significant  change  in  account  terms,  I  will  be 
given  an  opportunity  to  opt-out  of  the  proposed  amendment  in 
accordance with applicable  law and regulations. In the event of 
an amendment to the rules, I agree to accept and comply with the 
amended rules, unless a right to opt out is granted and I timely 
exercise such right to opt out of the proposed amendment to the 
rules. 
Annual Fee – 
  None. 
Verification of Identity, Age and Creditworthiness- 

I agree that the Bank may, and acknowledge that the Bank will, 
request  information  from  me  and  from  third  parties  to  verify  my 
identity  and  the  identity  of  any  other  persons  authorized  to  use 
my  Card.  Further,  I  agree  that  the  Bank  may  obtain  consumer 
reports  about  me  to  determine  my  identity,  age,  eligibility  for 
credit, renewal of credit and future extensions of credit for as long 
as this Card membership exists. I understand and acknowledge 
that  if  I  am  under  the  age  of  21  certain  additional  conditions 
and  terms  may  be  applicable  to  my  card  account  as  required 
by  applicable  law  and  regulations.  I  agree  that  I  must  maintain 
satisfactory  creditworthiness  to  continue  this  Card  membership 
and any determination by the Bank of unsatisfactory credit or filing 
of bankruptcy is grounds for termination of this Card membership. 
Card Usage - 

I understand that my Card can be used at designated locations 
throughout the world to purchase goods and services, to obtain 
cash  advances  and  to  transfer  funds  between  accounts  I 
designate. The Bank is not responsible for the refusal of anyone to 
honor my Card. Paper transactions or electronic transactions will 
not be final until they are received by the Bank. Transactions are 
governed by the laws of Arkansas and the laws of the United States 
of America. From time to time the operation of cards issued by the 
Bank may be suspended in specified foreign countries or specific 
regions  thereof,  due  to  ongoing  fraudulent  activities  involving 
credit cards. Due to the nature of such fraudulent activities, the 
Bank is unable to provide advance notice or the duration of any 
such suspension. If I use my Card in a check guarantee system, 
I  agree  to  allow  the  check  to  be  handled  as  a  credit  card  cash 
advance if the check is not paid. I agree not to use my Card for 
any type of Internet gambling transaction. Further, I agree not to 
use my Card for any unlawful transaction and acknowledge that 
the Bank may refuse to honor any transaction determined to be 

unlawful. Restricted transactions, involving the acceptance of any 
credit, funds, instrument, or other proceeds from another person 
in connection with unlawful Internet gambling, are prohibited from 
being  processed  through  my  Card  account.  I  acknowledge  my 
responsibility to pay for goods and services obtained through the 
use of my Card, even if such good or services were obtained in an 
unlawful transaction. 
Responsibility for Card Use - 

I  understand  that  I  am  responsible  for  the  use  of  all  Cards 
issued for use with my membership. I will not allow unauthorized 
persons to use my Card. 
Notification - 
  For  my  own  protection  and  for  the  protection  of  the  Bank,  I 
agree to promptly notify the Bank if I discover my Card has been 
lost or stolen, or if I suspect the Card has been used without my 
authorization. 
Card Ownership - 

I understand as a member and Cardholder that I do not own 
my  Card.  When  requested  to  do  so  I  will  surrender  my  Card  to 
the Bank or to a person designated by the Bank. I understand that 
any or all privileges to use my Card may be modified or canceled 
by the Bank at any time without notice to me. 
Promise to Pay - 

I promise to pay to the order of Simmons Bank all transactions 
in  which  I  have  used  Bank  funds  as  a  result  of  the  use  of  my 
Card.  If  the  funds  involve  cash  advances  or  extended  payment 
privileges,  I  also  agree  to  pay  the  transaction  fees  and  finance 
charge as described below.

I must pay all bills or invoices, including the minimum payment 
shown on my monthly statement on time (on or before payment 
due date) and in U.S. Dollars. The Bank does not waive its right 
to collect the full amount due if I pay late or I pay part of the bill, 
even  if  I  write  the  words  “paid  in  full”  (or  similar  words)  on  any 
correspondence to the Bank. 
Available Credit Limit - 
  The  Bank  will  supply  a  monthly  statement  listing  the  amount 
and location of all transactions posted prior to the closing date of 
the statement. I agree to limit my transactions so that my balance 
will  stay  within  the  available  credit  limit  approved  for  me  by  the 
Bank and listed on the statement. The Bank may refuse to honor 
transactions that would cause my account balance to exceed my 
available credit limit. My available credit limit will be restored to 
reflect  a  payment  after  the  Bank  receives  final  payment  on  my 
check  or  other  payment  method.  The  Bank  may  increase  or 
decrease my available credit limit or my available cash advance 
credit limit without notice. The Bank will not increase my available 
credit  limit  without  considering  my  ability  to  make  the  required 
payments on my Card account. The credit available for my use 
may, from time to time, be less than my available credit limit. My 
available credit limit will not be increased by the amount of any 
credit balance.

If I am under the age of 21, any increase in the credit limit on 
my  Card  account  must  be  approved  in  writing  and  joint  liability 
for such increase assumed by all guarantors, co-signers or joint 
applicants who have assumed secondary or joint liability on my 
Card account. 
Billing – 

If  there  is  a  debit  or  credit  balance  of  $1.00  or  more  on  my 
account, the Bank will mail or deliver a monthly statement to me 
not  less  than  21  days  prior  to  the  payment  due  date  specified 

transactions 

in  the  statement.  I  am  responsible  for  maintaining  my  current 
mailing address on file with the Bank. The Bank may consider 
me  to  have  received  any  notice  mailed  to  me  at  the  current 
address on the Bank’s records. 
Billing Errors – 
  Transactions listed on my statement will be presumed correct 
unless I notify the Bank of an error in writing within 60 days of my 
statement mailing date. (NOTICE: The procedures for notifying 
us of errors on your monthly statement were disclosed upon the 
opening  of  your  account  and  at  least  annually  thereafter.  The 
mailing address to notify us of a billing error is set forth on your 
monthly statement.) 
Posting Transactions; New Balance - 
  Debit 
from  purchases,  cash  advances, 
convenience  checks  and  balance  transfers  are  posted  the 
day  they  are  received.  Debit  transactions  from  purchases  are 
aggregated  into  my  Purchases  Balance.  Debit  transactions 
from  cash  advances  and  convenience  checks  are  aggregated 
into  my  Disbursed  Cash  Balance.  Debit  transactions  from 
balance transfers are aggregated into my Transferred Balance. 
Applicable  finance  charges  will  be  added  to  and  included  in 
my  Purchases  Balance,  my  Disbursed  Cash  Balance  and  my 
Transferred  Balance  on  the  last  day  of  the  statement  cycle. 
My account balance is the sum of my Purchases Balance, my 
Disbursed Cash Balance and my Transferred Balance, which at 
the end of each statement cycle is shown as my “New Balance”. 
Full Payment Option - 
  Each  month  I  have  the  option  of  paying  the  “New  Balance” 
in full within 25 days of the cycle closing date. Payment in full 
(received within 25 days) avoids additional finance charges on 
the  Purchases  Balance  included  in  the  “New  Balance”  as  well 
as  new  purchases  (but  not  on  cash  advances  or  convenience 
checks) made during the next statement cycle. 
Partial Payment Option - 
  Each  month  I  have  the  option  of  paying  part  of  my  account 
balance as long as my payment is at least equal to the minimum 
payment shown on the statement. The minimum payment will be 
the greater of (i) 1% of the New Balance plus all finance charges 
and late fees assessed during the billing cycle plus any past due 
amounts, or (ii) $10.00. I will pay the total New Balance if it is 
less than $10.00.

If the Bank has not received a minimum payment by payment 
due date (or the end of the next business day if the payment due 
date is on a Saturday, Sunday or bank holiday), I will pay a late 
charge in an amount equal to my past due payment or $25.00, 
whichever is less. 
Crediting of Payments- 
  An  amount  equal  to  the  minimum  payment  from  the  initial 
payment during any statement cycle will be applied first to my 
Purchases  Balance  and  then  to  my  Disbursed  Cash  Balance. 
All  additional  payments  received  during  the  same  statement 
cycle will be applied to the balances based upon the applicable 
interest rate on that balance, starting with the balances with the 
highest interest rates. Any part of a payment complying with the 
payment  instructions  on  the  periodic  statement  and  received 
within  25  days  of  the  cycle  closing  date  which  is  credited  to 
my  Purchases  Balance  will  be  credited  as  of  the  beginning  of 
the  statement  cycle  in  which  received. Any  part  of  a  payment 
that is credited to my Disbursed Cash Balance, my Transferred 

 
 
 
 
 
 
 
 
 
 
to ask that we not contact you using any one or more methods or 
technologies. 
Closing Account- 

In the event I close my account, I agree to notify the Bank in 
writing and return my Card(s) cut in half. If I close my account, I 
remain responsible to pay all amounts I owe to Bank according to 
the terms of these card membership rules. If my account is a joint 
account, either cardholders may cancel the account, but we will 
both remain responsible for any amount owed to the bank. 
Amendments – 
  These rules (including, but not limited to rates and fees) may 
be amended by Bank from time to time. I will be notified of any 
amendment to the rules not later than the date of my next monthly 
statement, unless sooner required by applicable law or regulation. 
In addition, if the amendment is a significant change in account 
terms,  I  will  be  given  an  opportunity  to  opt-out  of  the  proposed 
amendment in accordance with applicable law and regulations.

If the Bank amends the interest rate specified in the rules while 
my account has a promotional interest rate, the amendment will 
not affect my account until my promotional interest rate expires. 

Balance or all of any Payment which is received more than 25 
days after the cycle closing date will be credited as of the day 
received, if received before 5 p.m. CT by the Bank, otherwise on 
the next banking day, provided that any payment paid in person 
at a branch of the Bank shall be credited not later than the day 
received. Payments received and accepted by the Bank which 
do  not  comply  with  the  payment  instructions  on  the  periodic 
statement may result in a delay in crediting the payment to my 
account. 
Electronic Transfer Authority- 
  Anytime I send the Bank a check for payment on my account, 
I authorize the Bank to make a one-time electronic transfer debit 
from my bank account for the amount of the check. 
Finance Charge - 
  Finance Charge on cash advances and convenience checks 
will  accrue  from  the  date  of  the  transaction  and  continue  until 
the Disbursed Cash Balance is paid in full. Finance Charge on 
balance  transfers  will  accrue  from  the  date  of  the  transaction 
and continue until the Transferred Balance is paid in full. Finance 
charge on purchases will accrue from the date of the transaction 
if there was a “New Balance” at the start of the current statement 
cycle, or from the first day of the statement cycle next following 
the  date  of  the  transaction  if  there  was  not  a  “New  Balance” 
at  the  start  of  the  current  statement  cycle.  Date  of  transaction 
will be the latter of the transaction date or the first date of the 
statement  cycle  in  which  the  transaction  is  posted. A  Finance 
Charge  will  not  be  imposed  on  (i)  the  Purchases  Balance 
included within the “New Balance”, if payment in full of the “New 
Balance” is received within 25 days of the prior statement cycle 
closing date or (ii) that part of the Purchases Balance equal to 
the amount of any payment received within 25 days of the prior 
statement  cycle  closing  date  and  credited  to  the  Purchases 
Balance in accordance with these rules. 
Interest Rates – 
  Finance  charge  on 
the 
Transferred Balance where applicable is computed by applying 
to  my  average  daily  balance  for  the  Purchases  Balance  and 
the Transferred Balance, including unpaid finance charges (as 
indicated on my monthly statement) a daily periodic rate equal 
to  the  Prime  Rate  plus  4.00%  divided  by  the  number  of  days 
in the year. The Prime Rate is the prime rate published  in the 
Money Rates column of The Wall Street Journal in effect for the 
second business day prior to the beginning of each statement 
cycle. If The Wall Street Journal ceases publication or to publish 
the Prime Rate as now shown in its Money Rates column, the 
Bank  may  use  the  prevalent  prime  rate  in  the  United  States 
as  published  in  any  other  newspaper  of  general  circulation, 
or  the  Bank  may  substitute  a  similar  reference  rate  at  its  sole 
discretion. The finance charge for the Disbursed Cash Balance 
is  computed  by  applying  to  my  average  daily  Disbursed  Cash 
Balance including unpaid finance charges (as indicated on the 
monthly  statement)  a  daily  periodic  rate  equal  to  the  Prime 
Rate plus 8.00% divided by the number of days in the year. If 
a transaction fee is applied, the annual percentage rate (APR) 
may  be  higher  than  the  periodic  rate  disclosed  above.  The 
maximum interest rate applicable to my Card is governed by the 
laws of the United States of America and the State of Arkansas. 
Other Charges and Collection Fees - 
  Transaction  fees  for  cash  advances  (including  advances  in 
foreign  currencies)  and  convenience  checks  will  be  3%  of  the 

the  Purchases  Balance  and 

amount of the cash advance or check amount (but not less than 
$4.00  nor  more  than  $50.00).  If  I  request  a  photocopy  or  the 
original ticket of an item appearing on my monthly statement, I will 
pay the Bank the fee assessed to them by Visa U.S.A., Inc. for this 
service. I agree to reimburse the Bank any and all amounts which it 
pays to any owner/operator of an automated teller machine (ATM) 
or any national, regional or local ATM network used to complete 
any transaction for my use of my Card at an ATM not located at an 
office or branch of the Bank. I will pay a $12.00 service charge per 
payment, if I utilize a service representative of the Bank to obtain 
expedited service for any payment. If I request express delivery 
of my Card(s) I will pay an express delivery fee equal to the actual 
costs  incurred  by  the  bank  in  making  the  express  delivery.  If  I 
make  my  payment  with  a  check  or  other  negotiable  instrument 
and it is returned to the Bank unpaid, I will pay a Return Check 
Charge of up to $25.00. I will not be charged two or more penalty 
fees for a single event or transaction. If more than one fee may 
be  applicable  due  to  a  single  event  or  transaction,  the  Bank 
may impose the highest permissible fee. If my account is placed 
with an attorney or another agency for collection, I will also pay 
attorney fees, court costs, witness costs (including transportation 
and lodging) and any other fees as allowed by law. 
Foreign Currency Transaction Fee - 

If I make any purchases in foreign currencies, the Bank and/or 
Visa U.S.A. will convert the foreign currencies into U.S. Dollars. 
Visa  will  use  their  applicable  currency  conversion  procedures. 
Currently,  the  conversion  procedures  utilize  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, 
in  each  instance,  plus  or  minus  any  adjustment  determined  by 
the  Bank.  I  agree  to  pay  the  Bank  the  sum  in  U.S.  Dollars  as 
converted by Visa, plus an additional 2% of the converted amount 
attributable to purchases (but not cash advances). The currency 
conversion rate used on the conversion date may differ from the 
rate in effect on the date I used my Card. 
Telephone Monitoring and Recording- 
  From  time  to  time,  we  may  monitor  and/or  record  telephone 
calls regarding your Account with us to assure the quality of our 
service, and you agree to any such monitoring or recording. We 
treat all customer calls as confidential. 
Communicating With You, Consent To Contact By Electronic 
Other Means- 
  You  agree  that  we  may  contact  you  as  provided  in  this 
paragraph. We may contact you for any lawful reason, including 
for  the  collection  of  amounts  owed  to  us  and  for  the  offering  of 
products or services in compliance with our Privacy Notice in effect 
from time to time. No such contact will be deemed unsolicited. We 
may contact you at any address or telephone number (including 
wireless cellular telephone or ported landline telephone number) 
that you may provide to us from time to time. We may use any 
means  of  communication,  including,  but  not  limited  to,  postal 
mail, electronic mail, telephone or other technology, to reach you. 
You  agree  that  we  may  use  automatic  dialing  and  announcing 
devices which may play recorded messages. We may also send 
text messages to your telephone. You may contact us at any time