1  ERMC -101 
Rev. 3/21/22   
 
VISA  STUDENT  SILVER  CREDIT  CARD  AGREEMENT  AND DISCLOSURE   
1. INTRODUCTION.  This Agreement  covers  your VISA  Student  Silver  Credit  Card  Line of Credit  (�Account�)  issued  as part of the loan plan under  your Loan  Contract  
Agreement with the Rogue Credit Union (�Lender�). In this Agreement the words �you�, �yours�, �applicant�, and �Borrowers� mean any person who s igns the  
application for this Account, any joint obligor, guarantor, authorized user, or the person whose name is embossed on the C ard. The words, �we, �us�, �our�, and  
�Lender� mean the Rogue Credit Union. The word �Card� means any one or more credit cards as requested issued under this Accou nt. If you sign an application  
for this account or sign or use any Card or PIN, or allow othe rs to use the Card or PIN, you and they will have accepted this Agreement just as if  you and they  signed  
it, and you and they,  jointly  and severally,  will be bound  by the following  terms  and conditions  which  will govern  this Account.  
2. PURCHASES AND CASH ADVANCES. You must sign the Card to use it. Once you have signed the Card, you can use it to buy or lease goods, services, or  
insurance wherever the Card is honored, up to the full amount of your credit line. You may use your Account to get cash advances from us. You may also use your  
Card to get a cash advance from participating financial institutions and designated automatic teller machines. You may not us e the Card for any illegal  or unlawful  
transaction,  and we may decline  to authorize  any transaction  that we believe  poses  an undue  risk of illegality  or unlawfulness.  
3. OVERDRAFT PROTECTION. If we approve overdraft protection, you may access your line of credit account by overdrawing your checking account. We will treat  
any overdraft item as a request for a loan advance on your line of credit. Overdraft transfers will be made in amounts sufficient  to cover the overdrawn item.  You 
understand  that any owner  on your checking account  may obligate  you to repay  overdraft  advances  by overdrawing  the checking  account.  
4. YOU PROMISE TO PAY. You promise to pay us all such amounts, plus any Finance Charges, which arise from use of the Card or Account by you or any  other  
person, and to be jointly and severally liable with such a person, unless such other person does not have actual, implied, or apparent authority for such use, and  
you received  no benefit  from  the use.  You promise  to pay us  either  by direct  payment  or by automatic  transfers  from  shares  or payroll  deduction.  
5. CREDIT  LINE.  If your application  is approved  by us, this agreement  will constitute  a revolving  line of credit  for an amount  which  will be the credit  line under  your 
Account. We will advise you of the amount of your credit line. That amount will be the maximum amount you may have outstanding at any time.  You agree not to  
attempt to obtain more credit than the amount of your credit line. However, if you temporarily exceed your credit line, you a gree to repay the excess immediately,  
even  if we have  not yet billed  you. 
Obtaining  such  credit  does  not increase  your credit  line and if you exceed  your Credit  Limit  repeatedly,  we may suspend  your credit  privilege  under  this Agreement.  
We retain the right to increase or decrease your credit line at any time for any reason. Any increase of reduction on the lim it of your credit line       will be shown  
on your monthly statement or by separate notice together with any changes in the applica ble minimum monthly payments. Your eligibility for  this credit line is  
determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your cred it line at any time by notifying us  
in writing and returning  all Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions o f this Agreement  
and your liability hereunder  shall  otherwise  remain  in full force and  effect until  you have  paid us all sums  due under  this Agreement and  returned  all Cards.  
6. Minimum Monthly Payment. We will mail you a statement every month if your account has a balance.  You agree that you will pay each month not less than  the 
minimum monthly payment by the payment due date. The minimum monthly payment will be 2% of your outstanding balance (�New Balance�) or $25.00,  whichever 
is greater. If your outstanding balance is $25.00 or less, you agree to pay the balance in full. You may pay in full for all your purchases and cash  advance s each 
month, or you may repay in monthly installments. We can accept late payments or partial payments, or checks,  drafts, or money orders marked  �payment in full� 
without prejudice to our rights under this Agreement, which are hereby explicitly reserved.  A credit posting from a merchant or reversal of fees  do not constitute a 
minimum payment. The minimum monthly payment may be allocated at the Credit Union�s discretion     to pay off lower rate bala nces, such  as promotional offers, 
before higher rate bala nces, such as cash advances or purchases. Payments in excess of the minimum monthly payment will be allocated  first to higher rate 
balances, as applicable. From time to time, we may allow you to skip your minimum monthly payment due. If you choose to skip that payment,  Finance Charges 
will continue to accrue in accordance with this Agreement. Payments received at: Rogue Credit Union, PO Box 4550, Medford, OR  97501 on or  before  5:00  PM 
Pacific  Time  on any business  day will be credited  to your Account  as of that date;  payments  received  by mail at that address  after  5:00  PM Pacific  Time  or on a 
weekend  will be posted  to your Account  as of the next business  day. Payment  crediting  to your Account  may be delayed  up to five days  if your payment  is received by  
mail at any other address  or not  accompanied by  the remittance  portion  of your Account  statement.  
7. SECURITY  INTEREST.  To secure  your Account,  you grant  us a purchase  money  security  interest  under  the Uniform  Commercial  Code  in any goods  you purchase  
through your Account. If you default, we will have the right to recover any of these goods which have not been paid through a pplication of your payments in the  
manner described in Section 5. In addition, you agree that all collateral you give (or have given) the Credit Union to secure other loan  obligations (except real  
estate or a dwelling) in the past and in the future, also secures your obligations under this Agreement. You also grant us a security interest in all your shares,  
deposits,  and acco unts (except  for Individual  Retirement  Accounts  and Keogh  Plans)  at the Credit  Union.  
8. MONTHLY STATEMENTS. Each month we will send you a statement showing purchases, cash advances, payments, and credits made to your Account during  
the billing cycle, as well as your �New Balance�, any Finance Charge and any late charges. Your statement also will identify the minimum monthly pa yment you  
must make for that billing period and the date it is due. You agree to retain for statement verification copies of transa ction slips resulting from each purchase,  
each advance, and other transactions on your Account. Unless you notify us of a billing error in accordance with the section entitled �Your Billing Rights�, you  
accept  your monthly  statement  as an accurate  statemen t of your Account  with us. 
9. CIRCUMSTANCES  UNDER  WHICH  A FINANCE  CHARGE  WILL  BE IMPOSED. The total  outstanding  balance  of purchases  and cash  advances  in the Account  
on the closing  date  of the billing cycle, including  any Finance  Charge  will be shown  on the Periodic Statement  for that billing cycle as  the �New  Balance�.  
a. Cash Advances. A Finance Charge will be imposed on cash advances from the date made or from the first day of billing cycle in  which the cash advance is  
posted  to your account,  whichever  is later,  and will continue  to accrue  until the date  of payment.  
b. Purchases. A Finance Charge will be imposed on the portion of purchases included in the New Balance that remains unpaid withi n 25 days of the closing  
date of your statement. This �grace period� allows you to avoid a Finance Charge on purchases for a billing cycle.  However  if you do not  pay any  of the New  Balance  
for purchases  within  the grace  period,  your Finance  Charge  will accrue  on any unpaid  purchase  transactions  from  the date  of purchase.  
10. METHOD  USED  TO DETERMINE  THE BALANCE  ON WHICH  THE FINANCE  CHARGE  MAY  BE COMPUTED.  The Finance  Charge  for a billing  cycle  is computed  
by applying  the monthly  periodic  Rate  to the average  daily  balance  of cash  advances,  purchases  and balance  transfers.  The �Average  Daily  Balance�  is determined  
by dividing the sum of the daily balances during each billing cycle by the number of days in the cycle. Each daily balance of  cash advances and credit purchases  
is determined  by adding  to the outstanding  balance  of cash  advances  and credit  purchases  at the beginning  of the billing  cycle  any new cash  advances  and credit  
purchases  posted  to your account and  subtracting  any payments  as received  and credits  as posted  to your  account,  but excluding  any unpaid  Finance Charges.  
 VISA Student Silver Credit Card Account Agreement and   Disclosure s Rogue  Credit  Union  
2  ERMC -101 
Rev. 3/21/22  
 11. METHOD  OF DETERMINING  THE AMOUNT  OF FINANCE  CHARGE.  Any Finance  Charge  shown  on your monthly  statement  is determined  as follows:  We figure  
the Finance  Charge  on your Account  by applying  the Periodic  Rate  to the �Average  Daily  Balance�  of your Account.  
12. PERIODIC RATE AND CORRESPONDING ANNUAL PERCENTAGE RATE. The Periodic Rate and corresponding Annual Percentage Rate that is used to  
compute the Finance Charge is variable. The Annual Percentage Rate is based on an index which is the highest Wall Street Prime Rate as of  the last day of  the 
month as published in The Wall Street Journal (Western Edition) from time to time. To determine the Annual Per centage Rate, we add a margin to the  index. The  
amount of the margin depends on the type of account, your credit profile, and other factors we deem appropriate. The margin a pplicable to your account will be  
provided  to you at the time of opening  your card.  The Annual  Percentage  Rate  is divided  by 12 to obtain  the periodic  rate.  The rate can change  monthly  effective  the 
first day of the billing cycle. Any increase or decrease in the Annual Percentage Rate will affect the number of monthly paym ents you m ay have to make. The  initial  
periodic  rate and Annual  Percentage  Rate  will be provided  to you with your Card.  
13. CONDITIONS  UNDER  WHICH  OTHER  CHARGES  MAY  BE IMPOSED.  
a. Returned  Check  Charge.  A $25.00  charge  will be made  when  a check  submitted  by you for payment  on an account  is returned  to us, regardless  of the reason.  
b. Research  and Copying.  If you ask us to examine  your account  or provide  copies  of documents,  except  in resolution  of a billing  error,  we may charge  you 
$5.00  for each  copy.  
c. Late Fee. If any payment  is past due for a period  of 10 days,  a late fee will  be added  to your account.  The late fee will equal  $25.00.  
d. Replacement  Card  Fee. A $5.00  charge  per card may be imposed  for each  additional or  replacement  card you  request.  
e. Additional  PIN Fee. A $2.00  charge  per personal  identification  number  (PIN)  may be imposed  for each  additional  PIN you request.  
f. Attorney�s Fee. We may impose the following fees and charges on your Account. If you default on any part of this Agreement, you agree to pay us all  costs  to                 
collect your Account, including court costs and reasonable attorney fees whether or not there is a lawsuit, and fees on any a ppeal and fees for bankruptcy  
proceedings,  appeals  and any post-judgmen t collection services,  if applicable.  
14. CONDITIONS  OF CARD  USE.  The use of your Card  and account  are subject  to the following  conditions:  
a. Ownership of Cards. Any Card or other credit instrument or device which we supply you is our property and must be returned to us or to any person whom  we 
authorize to act as our agent, or to any person who is authorized to honor the Card, immediately according to instructions. T he Card may be repossessed     at any 
time in our sole discretion without  demand  or notice.  You cannot  transfer  your Card  or Account  to another  person.  
b. Honoring the Card. Neither we nor merchants authorized to honor the Card will be responsible for the failure or refusal to ho nor the Card or any other credit  
instrument  or device  we supply  you. If a merchant  agrees  to give you a refund  or adjustment,  you agree  to accept  a credit  to your Account  in lieu of a cash  refund.  
c. Currency Conversions/Foreign Transaction Fee. Purchase and cash advances made in foreign countries will be billed to  you in U.S. dollars. The currency  
conversion rate for international transactions as established by VISA International, Inc. is a rate selected by VISA from the  range of rates available in wholesale  
currency markets for the applicable central processing da te which rate may vary from the rate VISA itself receives, or the government -mandated rate in effect for  
the applicable central processing date. In addition, you will be charged a Foreign Transaction Fee of up to 1% of the transac tion amount for  any card transaction  
made  in a foreign  country.  
d. Notices and Payments. All notices will be sent to your address as shown in the application. You agree to advise us promptly i f you change your mailing  
address. All payments should be mailed to us at the remittanc e address shown on your monthly statements. Payments received at that address will be credited  
to your account  as of  the date  received.  
e. Personal Identification Number. We will issue you a Personal Identification Number (PIN) for use with your Card at VISA NET automatic teller machines  
(ATM�s). These numbers are issued to you for your security purposes. These numbers are confidential and should not be disclos ed to third parties. You are  
responsible for safekeeping your PIN.  You agree not to disclose or other wise make available your PIN to anyone not authorized to sign on your Accounts. To keep  
your Account  secure,  please  do not write  your PIN on your Card  or keep  it in the same  place  as your Card.  
f. For Student  Silver  Credit  Card  ONLY  - Cash  Rewards.  If you have  a VISA Student  Silver  Account,  you may earn  a cash  reward  equal  to 1.00%  of net purchases  
(purchases  less returns  and other  credits)  made  during  a billing  cycle.  Cash  advances,  including  convenience  checks  and balance  transfers,  and any other  amounts  
other than purchases do not qualify for the cash reward. The maximum you can earn on your Account is $500 per calendar year. Your Account  must remain  open  
and in good  standing  in order  to receive  the cash  reward.  
If your Account is closed before a cash reward is paid, you will forfeit that reward. If your Account is past due, over the limit, is otherwise in defa ult, is fraud  
restricted, is part of a consumer credit counseling arrangement or is subject to discharge in a pending bankruptcy, y ou will forfeit all cash rewards accrued and  
will not be eligible for  further  rewards  until the disqualifying  condition  is remedied.  The terms  and conditions  of the reward  program  may be changed  or cancelled  
at any  time and for any  reason  without  notice.  
15. DEFAULT.  You will be in default  under  this Agreement  if any of the following  occur:  (a) Any minimum  monthly  payment  is not made  when  due; (b) You become  
insolvent, bankrupt, or you die; (c) You violate any part of this Agreement, or any other agreement with us; (d) If we reasonably deem ourselves insecure or your  
credit line; or (e) You make any false or misleading statements on a credit application to the Credit Union. We will notify y ou in writing of any such action as soon  
as practical if it  occurs. Upon default, we may declare the entire unpaid balance immediately due and payable, and you agree to pay  that amount plus any  attorney 
fees and costs  incurred  by us. We can delay enforcing any right  under  this Agreement  without  losing  that right  or any  other right.  
16. GOVERNING  LAW.  This Agreement  will not take effect  until it is approved  by us. This Agreement  shall  be governed  by the laws of the State  of Oregon.  
17. LOSS OR THEFT OF CREDIT CARD. You agree to notify us immediately, orally or in writing, at Rogue Credit Union, PO Box 4550, Medford, OR 97501, or  
telephone (541) 858 -7328 (after hours you may call 1 (800) 682 -6075 of the loss, theft, or unauthorized use of your Credit Card. If you notify us of your lost  or 
stolen Credit Card you may not be liable for any losses. This liability exclusion will apply provided you were not grossly negligent or fraudulent i n handling  your 
credit  card;  otherwise  your liability  for unauthorized  VISA Credit  Card  transactions  may be up to $50.00.  
18. CREDIT IN FORMATION/FINANCIAL STATEMENTS. You authorize us to release information to others (e.g. credit bureaus, merchants, and other financial  
institutions)  regarding  the status  and history  of your credit  line. You agree  to provide  us, at any time we deem  necessary,  with a current  financial  statement  and/or  
a new credit  application  upon  request.  We may investigate  your credit  directly  or through  a credit  reporting  agency.  
19. ACKNOWLEDGMENT  AND  AMENDMENTS.  You understand  and agree  to the terms  and conditions  in this Agreement,  and the Fair Credit  Billing  Notice  made  
a part hereof. You also understand and agree that you may be subject to other agreements with us regarding transfer instrumen ts or access devices which may  
access your credit line. We re serve the right to amend the terms of this Agreement at any time as permitted by and subject to any limitations and notice  
requirements  of applicable  law.  VISA Student Silver Credit Card Account Agreement and   Disclosure s Rogue  Credit  Union  
3  ERMC -101 
Rev. 3/21/22  
 YOUR  BILLING  RIGHTS � KEEP  THIS  NOTICE  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: Rogue  Credit Union,  PO Box 4550, Medford,  OR 97501.  
 
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  3 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.  
 
What  Will Happen After  We Receive  Your Letter:  When  we receive  your letter,  we must  do two things:  
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 or explain to you why we believe the bill is correc t. While we investigate whether or  
not there  has been  an error:  
� 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 se nd 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 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. 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 of the amount  you question  even  if your bill is correct.  
 
Your  Rights  If You Are Dissatisfied  With  Your  Credit  Card  Purchases.  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. (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 the above  address.  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 th ink you owe an amount and  
you do not pay, we may report  you as  delinquent.   4  ERMC -101 
Rev. 3/21/22  
 Rogue  Credit  Union  
VISA  Student  Silver  Credit  Card  Account       Disclosures  
VISA  Card � Rates  and Fees  
 
INTEREST  RATES  AND  FINANCE  CHARGES  
Annual  Percentage  Rate  (APR)  for Purchases,  
Cash  Advances  & Balance  Transfers  9.75% 
This APR will vary with the market  based  on the  Prime  Rate.  
How to Avoid  Paying  Interest  on Purchases  Your due date is 25 days after the close of each billing cycle. We will  
not charge any interest on the portion of the purchases balance that  
you pay by the due  date each month.  
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: www.consumerfinance.gov/learnmore  
FEES  
Annual  Fee  
NONE  
Transaction  Fees  
-- Cash  Advance  Fee NONE  
Penalty  Fees  
-- Late Payment  Fee 
-- Returned  Check  Charge  
-- Over --Limit  Charge  Fee $25 
$25 
NONE  
Other  Fees  
-- Foreign Transaction  Fee Up to 1% of the US dollar  amount of  the foreign  transaction.  
 
How  We Will Calculate  Your  Balance:  We use a method  called  �average daily  balance�  (including  new purchases).  
 
Billing  Rights:  Information  on your rights  to dispute  transactions  and how to exercise  those  rights  is provided  in your account  agreement.  
 
Your  APR is based  on the following:   
Index:  Prime  Rate  Margin:  6.25%  
Your  Daily Periodic  Rate  is: 0.02671 %  
We reserve  the right  to amend  the VISA  Student  Silver  Credit  Card  Agreement  as permitted  by law. 
The above  rates  and fees are current  as of: March 21, 2022