Your  Rights  and  Our  Responsibilities  After  We  Receive  Your
Written Notice

ISSUED BY:  *GEORGIA UNITED CREDIT UNION 
DISCLOSURES REQUIRED BY FEDERAL LAW

O.

P.

Issuer  may  accept  checks  marked  “Payment  in  Full”  or  with
words of similar effect without losing any of Issuer’s rights to
collect the full balance of Cardholder’s account.

Issuer  can  reinvestigate  and  reevaluate  any  information
Cardholder provided on Cardholder’s credit application at any
time, and in the course of doing so, Issuer may ask Cardholder
for additional information, request credit bureau reports and/or
otherwise verify Cardholder’s current credit standing. 

Q. Cardholder agrees that Issuer may release information to others,
such  as  credit  bureaus,  regarding  the  status  and  history  of
cardholder’s  account.  However,  Issuer  is  not  obligated  to
release any such information to anyone unless Issuer is required
by law to do so. 

R. Cardholder agrees that Cardholder’s account shall be subject to
all  applicable  rules  and  regulations  of  VISA  U.S.A.  Inc.,  as
applicable,  as  well  as  applicable  laws.  If  there  is  any  conflict
between  the  provisions  of  this  Agreement  and  the  rules  and
regulations  of  VISA  U.S.A  Inc.  the  rules  and  regulations  of
VISA U.S.A Inc. shall control. Your VISA card may not be used
for any illegal transaction(s).

YOUR BILLING RIGHTS
KEEP THIS NOTICE FOR FUTURE USE

This notice contains important information about your rights and our
responsibilities under the Fair Credit Billing Act. 

Notify Us in Case of Errors or Questions About Your Bill

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 bill was correct. 

After we receive your letter, we cannot try to collect any amount you
question, or report you as delinquent. We can continue to bill 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
any  questioned  amount  while  we  are  investigating,  but  you  are  still
obligated to pay the parts of your bill that are not in question.

If we find that we made a mistake on your bill, you will not have to pay
any  finance  charges  related  to  any  questioned  amount.  If  we  didn’t
make a mistake, you may 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.  However,  if  our  explanation  does  not  satisfy  you  and
you write to us within 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
bill. And, we must tell you the name of anyone we reported you to. We
must  tell  anyone  we  report  you  to  that  the  matter  has  been  settled
between us when it finally is. 

If  we  don’t  follow  these  rules,  we  can’t  collect  the  first  $50  of  the
questioned amount, even if your bill was correct.

If you think your bill is wrong, or if you need more information about
a transaction on your bill, write us on a separate sheet at the address
listed on your bill. Write to us as soon as possible. We must hear from
you no later than 60 days after we sent you the first bill on which the
error or problem appeared. You can telephone us, but doing so will
not preserve your rights. 

SPECIAL RULE FOR CREDIT CARD PURCHASES
If you have a problem with the quality of property or services that you
purchased with a credit card, and you have tried in good faith to correct
the  problem  with  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:

In your letter, give us the following information:

Your name and account number.

(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 

The dollar amount of the suspected error. 

(b) The purchase price must have been more that $50.

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. 

These limitations do not apply if we own or operate the merchant, or if
we mailed you the advertisement for the property or services. 

•

•

•

If you have authorized us to pay your credit card bill automatically
from your savings or checking account, you can stop the payment on
any amount you think is wrong. To stop the payment your letter must
reach us 3 business days before the automatic payment is scheduled
to occur. 

03/2013

DD07

1.

FINANCE CHARGES
a) Calculation Methods – Cash Advance: A

Credit Purchases: G 
(See  Periodic  Finance  Charge  calculation  method  for
calculation method descriptions) 

b) Periodic Rates used to compute FINANCE CHARGES - Cash
Advances:  1.070%  per  month  Credit  Purchases:  1.070%  per
month
Corresponding ANNUAL PERCENTAGE RATES –
Cash Advance: 12.84%

Credit Purchases: 12.84%  

c) For Cash Advances obtained at an Automated Teller Machine
(ATM) a transaction fee may be imposed by an ATM operator
not holding your account or by any national, regional or local
network used to complete a Cash Advance transaction. 

2. MINIMUM PAYMENT:

a) The minimum payment required is the New Balance shown on
your statement if the amount is equal to or less than $20.00

3.

4.

5.

b) If the New Balance exceeds $20.00 the minimum payment is
3.00%  of  that  portion  of  the  New  Balance  which  does  not
exceed your credit limit. (rounded up to the nearest dollar), or
$20.00, whichever is greater, plus the entire portion of the New
Balance in excess of your credit union limit, plus any amount
past due.

LATE  CHARGES: If  the  minimum  required  payment  is  not
received within 10 days after the Closing Date subsequent to the
payment Due Date, a late charge of $20.00 is imposed.

Documentary  stamp  taxes  as  may  be  required  by  law  shall  be
imposed on each Cash Advance at the time the loan is made.

If you have other loans or credit extensions from Issuer, or take
out  other  loans  or  credit  extensions  with  Issuer  in  the  future,
collateral  securing  those  loans  or  credit  extensions  will  also
secure  your  obligations  under  this  agreement.  However,  unless
you expressly agree otherwise, your dwelling will not secure your
obligations  under  this  agreement  even  if  Issuer  has,  or  later
acquires, a security interest in the mortgage on the dwelling. If
you  have  executed  a  written  agreement  granting  a  security
interest  in  any  deposit  accounts  (checking,  savings,  or  share
accounts) or other funds held by Issuer to secure your obligations
to Issuer arising from the use of your Card, those funds may not
be  withdrawn  until  Issuer  agrees  to  release  all  or  part  of  the
pledged funds. 

PERIODIC FINANCE CHARGE CALCULATION METHODS
The  periodic  Finance  Charge  Calculation  Method  applicable  to  your
account for Cash Advances and Credit purchases of goods and services

that you obtain through the use of your Card is specified in Section 1
on the Disclosure on the reverse side and explained below. 

Method A – Average Daily Balance (including current transactions).
The  Finance  Charge  on  cash  advances  begins  from  the  date  you
obtained the cash advance, or the first day of the billing cycle in which
it  is  posted  to  your  account,  whichever  is  later.  There  is  no  grace
period.  The  Finance  Charges  for  a  billing  cycle  are  computed  by
applying the monthly Periodic Rate to the “average daily balance” of
your account. To get the average daily balance, we take the beginning
balance  of  your  account  each  day,  add  any  new  purchases  or  cash
advances, and subtract any payments, credits, non-accruing fees, 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.  

Method G – Average Daily Balance (including current transactions).
To  avoid  incurring  an  additional  Finance  Charge  on  the  balance  of
purchases  reflected  on  your  monthly  statement  and,  on  any  new
purchases appearing on your next monthly statement, you must pay the
New  Balance,  shown  on  your  monthly  statement,  on  or  before  the
Payment Due Date. The grace period for the New Balance of purchases
extends to the Payment Due Date. The Finance Charges for a billing
cycle  are  computed  by  applying  the  monthly  Periodic  Rate  to  the
“average  daily  balance”  of  purchases  (and  if  applicable,  cash
advances).  To  get  the  average  daily  balance,  we  take  the  beginning
balance  of  your  account  each  day,  add  any  new  purchases  or  cash
advances, and subtract any payments, credits, non-accruing fees, 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.

TERMS GOVERNING THE USE OF YOUR CARD
This person (“Cardholder”) whose name is embossed on the face of the
VISA (“Card”) enclosed herewith, and each Cardholder, in the event
more  than  one  Card  is  enclosed  herewith  bearing  the  same  account
number,  by  signing  or  using  said  Card,  receipt  of  which  is
acknowledged,  agrees  with  the  issuer  of  the  Card  whose  name  is
printed on the reverse (“Issuer”) as follows:

A. Goods  and  services  (“Credit  Purchases”)  may  be  purchased  or
leased  by  means  of  such  card  by  Cardholder  from  any  retail
Business establishment (“seller”) who honors same. Additionally,
VISA Cash Advances (“Loans”) may be obtained through use of
such Card (a) upon execution of a written request of Cardholder
in a form furnished to Cardholder from any financial institution
that  is  a  member,  alone  or  in  association  with  others,  of VISA
U.S.A.  Inc.  and  (b)  upon  execution  of  a  written  separate
agreement with Issuer for a VISA overdraft financing agreement
if offered by Issuer. 

B. Cardholder  shall  be  liable  and  agrees  to  pay  issuer  for  Credit
Purchases  made  by,  or  for  Loans  extended  to,  Cardholder  or
anyone else using such Card unless the use of such Card is by a
person other than the Cardholder (a) who does not have actual,

implied or apparent authority for such use, and (b) from which
Cardholder receives no benefit. Additionally, Cardholder shall be
jointly  and  severally  liable  and  agrees  to  pay  for  all  Credit
Purchases and Loans obtained through the use of any other Card
bearing  Cardholder’s  account  number  that  has  been  issued  to
another  person  by  reason  of  such  person  being  a  member  of
Cardholder’s  family,  or  otherwise  issued  upon  Cardholder’s
request  (all  such  Cards  bearing  the  VISA  account  number
hereinafter collectively called “Related Cards”).

C.

Each Card is the property of Issuer, is not transferable and must
be  surrendered  upon  demand.  It  can  be  canceled  as  well  as
repossessed by Issuer or its designee, and the privileges thereof
revoked, at any time without prior notice. 

D. Cardholder  shall  not  use  the  Card  or  permit  the  use  of  Related
Cards to obtain Credit Purchases or Loans, which will increase
Cardholder’s indebtedness to Issuer to an amount in excess of the
limit established by Issuer. 

E. All Credit Purchases and Loans are affected at the option of the
Seller and Cash Advancing Financial Institution respectively, and
Issuer shall not be responsible for refusal by any Seller or Cash
Advancing Financial Institution to honor the Card or any Related
Card. Any refund, adjustment or credit allowed by Seller shall not
be by cash but rather by a credit advice to Issuer which shall be
shown as a credit on Cardholder’s account statement with Issuer. 

F.

G.

H.

Issuer will send to Cardholder, at monthly intervals determined
by Issuer, a statement reflecting for the prior monthly period all
VISA  and  Related  Card  transactions.  Such  statement  shall  be
deemed  correct  and  accepted  by  Cardholder  and  all  holders  of
Related Card unless Issuer is notified to the contrary in writing
within 60 days of mailing of such statement. Cardholder will pay
such  statement  by  remitting  to  Issuer  within  25  days  of  the
closing  date  reflected  on  the  statement  either  the  full  amount
billed or, at Cardholder’s option, an installment equal to at least
the required minimum payment stated in Section 2. 

Interest on Loans will be charged in accordance with the finance
charge  calculation  method  referred  to  in  Section  1  of  the
disclosures  on  the  reverse  side.  The  current  interest  rate  per
annum is the Annual Percentage Rate set forth in Section 1 of the
Disclosures. 

If the card is canceled or surrender is demanded by Issuer, or if
Cardholder defaults in any payment due, or is deceased, bankrupt
or insolvent, or any attachment or garnishment proceedings are
initiated against Cardholder or his property, Issuer may elect to
declare all amounts then owed to Issuer to immediately due and
payable without notice or demand of any kind. If Cardholder has
other loans from Issuer, or takes out other loans with Issuer in the
future,  collateral  securing  those  loans  will  also  secure  the
Cardholder’s obligations under this agreement even if Issuer has
or later acquires a security interest in the household goods or a

mortgage  on  the  dwelling.  Cardholder  agrees  to  pay  all  costs
incurred by Issuer in collecting Cardholder’s indebtedness or in
enforcing  this  agreement,  including  reasonable  attorney’s  fees
and  also  those  costs,  expenses  and  attorney’s  fees  incurred  in
appellate, bankruptcy and post-judgment proceedings, except to
the extent such costs, fees or expenses are prohibited by law.

I.

J.

This agreement may be amended from time to time by Issuer by
written notice mailed to Cardholder’s last known address. 

Except to the extent that Federal law is applicable, the validity,
construction and enforcement of this agreement and all matter’s
arising out of the issuance and use of the Card shall be governed
by the laws of the state in which the principal office of Issuer is
located.

K. Additional charges, plus applicable taxes, may also be assessed
if  you  pay  us  with  a  check  not  honored  by  your  financial
institution, request a copy of a document, request a replacement
card  or  use  your  card  for  a  transaction  at  an  automated  teller
machine, if such charges are not prohibited by law or regulation.
No Finance Charge will be assessed on such additional charges. 

L. Cardholder may be liable for the unauthorized use of the Card
or Related Cards as provided in this paragraph. The Cardholder
will not be liable for any unauthorized use that occurs after the
Issuer is notified, orally or in writing at:

VISA Department
6705 Sugarloaf Parkway
Duluth, GA 30097

Telephone Number
(888) 493-4328

If Cardholder has a consumer account or a business account for
which  cards  have  been  issued,  Cardholder’s  liability  for  any
unauthorized use of a card will not exceed $50.00. If cards are
issued to employees of a single business or other organization,
there is no limit to Cardholder’s liability for any unauthorized
use  that  occurs  before  Cardholder  notifies  Issuer  as  provided
herein: the business or organization may only impose liability
on its employees for unauthorized use of a card as authorized by
federal law and regulation. 

M. Cardholder  agrees  that  Issuer,  its  agents  or  service  companies
may monitor and/or record any telephone communication with
Cardholder. 

N.

Payments must be made to Issuer in U. S. dollars drawn on a U.
S.  Financial  Institution.  If  Cardholder  incurs  charges  in  any
other currency, the charges will be converted into U. S. dollars.
The  conversion  may  occur  after  the  transaction  date  and  the
conversion rate may differ from the rate of exchange in effect at
the  time  of  the  transaction  Cardholder  agrees  to  pay  the
converted amount to Issuer in U. S. dollars, plus any charge for
conversion or processing that may be imposed. 

Interest Rates and Interest Charges 

Visa Gold Account 

Annual Percentage Rate (APR) for 
Purchases 

12.84% 
This APR is effective January 1, 2012 through December 31, 2012 

APR for Balance Transfers 

APR for Cash Advances 

12.84% 
This APR is effective January 1, 2012 through December 31, 2012 

12.84% 
This APR is effective January 1, 2012 through December 31, 2012 

Penalty APR and When it Applies 

Not applicable 

Paying Interest 

Your due date is at least 25 days after the close of each billing cycle.  We 
will not charge you interest on purchases if you pay your entire balance 
by the due date each month.  We will begin charging interest on cash 
advances and balance transfers on the transaction date. 

Minimum Interest Charge 

There is no minimum 

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 
Interest Rates Charges 
Fees 

Annual Fee 

Transaction Fees 

•  Balance Transfer 

•  Cash Advance 

•  Foreign Transaction 

Penalty Fees 

•  Late Payment 

•  Over-the-Credit Limit 

•  Returned Payment 

To learn more about factors to consider when applying for or using a 
credit card, visit the website of the Consumer Finance Protection Bureau 
at http://consumerfinance.gov/learnmore  

None 

None 

None 

None 

$20.00 

None 

$15.00 (from self) / $5.00 (from other) 

Other Fees 

None 

How We Will Calculate Your Balance:  We use a method called “average daily balance 
(including new purchases)”.  See your account agreement for more details. 
Billing Rights: Information on your rights to dispute transactions and how to exercise those 
rights is provided in your account agreement. 

    200-207 

Georgia United Credit Union • 6705 Sugarloaf Parkway • Duluth, GA 30097 • 888-493-4328 • www.georgiaunitedcu.org  

      Rev: 10/12