VISA CLASSIC, GOLD AND PLATINUM
CREDIT CARD PROGRAMS
Disclosure of Account Terms
Effective  2/22/10

This  Agreement  establishes  the  terms  and  conditions  of
your  Visa  Credit  Card  Line  of  Credit  loan  Account  with
Financial Plus Federal Credit Union. In this Agreement the
words  “You”  and  “Your”  mean  or  refer  to  each  and  all
persons who have applied for the Account and any other
person who has agreed to be responsible for the Account.
“Card”  means  the  Visa  Credit  Card  or  Cards  and  dupli-
cates and renewals thereof or substitutions therefore We
may issue. “Account” means your Visa Credit Card Line of
Credit loan Account (Visa Classic, Fine Tune$ Visa Clas-
sic, Visa Gold, or Visa Platinum) with Us. “We,” “Us” and
“Our”  means  or  refers  to  Financial  Plus  Federal  Credit
Union. This Agreement, along with the addendum entitled
“Important Information Regarding Your Account,” is your
Truth-In-Lending Disclosure Statement and contract. Use
of your Card or Account confirms your acceptance of the
terms and conditions of this Agreement.
1. Responsibility - You are applying to Us for a Visa Credit
Card Line of Credit loan. If We approve the loan and issue
You a Card, You promise to repay all debts, fees, charges
and the FINANCE CHARGE thereon arising from any use
of  the  Card.  You  agree  not  to  let  someone  else  use  the
Card. If You do, You are agreeing with Us that You autho-
rize all use that person makes of the Card. Therefore, You
will be liable for all such use of the Card. Of course, once
You notify Us We will take prompt steps to try to prevent
any further Card use by that person. If two or more per-
sons  have  applied  for  the  Account,  the  Account  is  joint;
that is, each of You, separately and jointly with each other,
are  liable  for  all  debts  on  the  Account  and  FINANCE
CHARGE thereon. Your obligation to pay all such debts,
and  FINANCE  CHARGE  thereon  continues  even  though
an agreement, divorce decree or other court judgment to
which We are not a party may direct that only one of You,
or  some  other  person  other  than  You  (or  both  of  You),
must  pay  such  debts  and  FINANCE  CHARGE.  If  We  re-
ceive notice from any person obligated on this Agreement
disclaiming  liability  for  amounts  owed  under  this  Agree-
ment, We may close the Account.
2. Credit Line - If We approve Your loan application, We
will establish a self-replenishing line of credit for You and
will  notify  You  of  the  amount  thereof  (credit  limit)  in  the
mailer in which We will send You Your Card. That mailer is
hereby incorporated herein as part of this Agreement. You
agree  not  to  let  Your  Account  balance  exceed  such
amount. Each payment You make on the Account will re-
plenish Your credit limit by the part of that payment which
is applied to the principal. You may request an increase in
the credit limit by submitting a written application, which
must be approved by Us. We may, at Our discretion, in-

crease Your credit limit. We may reduce Your credit limit
from time to time or may, with good cause, revoke Your
Card  and  terminate  this  Agreement;  in  either  event,  We
will give You written notice of such action. “Good cause”
includes  Your  failure  to  satisfy  the  terms  of  this  Agree-
ment,  or  Our  adverse  reevaluation  of  Your  creditworthi-
ness. However, You may terminate this Agreement, at any
time and for any reason, by giving Us written notice mailed
to the address which appears on Your monthly billing state-
ment. Nevertheless, termination by You or by Us does not
affect  Your  obligation  to  pay  all  debts  and  FINANCE
CHARGE  thereon  arising  from  authorized  use  of  Your
Card.  The  Cards  remain  Our  property  and  You  must  re-
cover  and  surrender  to  Us  all  Cards,  upon  request,  or
upon termination of this Agreement.
3. Using  the  Card  -  We  will  send  You  a  Card  or  Cards
embossed  as  You  have  directed.  As  soon  as  received,
each Card must be signed (in the space provided on the
back) by the person whose name is embossed thereon.
That signature must be in the same form as embossed on
the front of the Card. The Card must be signed in order to
be  valid.  The  Card  may  be  used  to  make  purchases  or
cash advances at participating merchants or financial in-
stitutions. You can also get a cash advance from any au-
tomated teller machine (ATM) that accepts the Card. We
may, from time to time, issue checks that may be used to
access Your Account. These checks may be used to pur-
chase goods and services, or obtain cash, up to the amount
of Your unused credit limit, however, may not be used to
pay  any  amount  owed  to  Us  under  this  or  other  Card
Agreement(s). Checks will be posted to Your Account as a
cash advance. A cash advance may be obtained in order
to make payment to another credit card or charge account,
commonly referred to as a balance transfer. Balance trans-
fers  will  be  posted  to  Your  Account  as  a  cash  advance.
Promotional  balance  transfers  will  be  treated  as  a  cash
advance at the end of the promotional period.
Please  note  that  We  are  not  responsible  if  a  particular
merchant, financial institution or ATM refuses to honor Your
Card or checks. We may limit the number of purchases or
cash advances 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. Your credit card may not be used for
any illegal transaction including internet gambling transac-
tions; or in foreign countries with a high rate of fraudulent
activity which will be determined at Our sole discretion.
4. Monthly  Payment  -  A  statement  will  be  mailed  every
month in which You have either a balance or monthly ac-

tivity  showing  Your  “Previous  Balance,”  the  transactions
posted to Your Account since the last statement, the “New
Balance,” the Finance Charge due to the date of the state-
ment, the “Minimum Payment” required, the “Due Date,”
any “Unused Credit,” fees or charges, if any, and any past
due amount which may be owing. You must pay at least
the  Minimum  Payment  shown  on  Your  statement  within
25 days of the closing date on the statement. By separate
authorization, You may allow us to charge the scheduled
monthly  payment,  or  other  payment  authorized  by  You,
automatically to the share account with Us which You have
designated. Of course, You may pay any amount greater
than the Minimum Payment, including the entire New Bal-
ance on the statement on any of Our business days, with-
out any penalty for prepayment. And, You can make pay-
ments on the Account as often as You wish. The Minimum
Payment  will  be  either  (a)  3½%  of  Your  New  Balance  or
$15, whichever is greater, or (b) Your full New Balance, if
less than $15; provided however, the Minimum Payment
shown on Your statement will also include any unpaid por-
tions of Minimum Payment(s) shown on earlier statements.
In addition, if at any time Your total New Balance exceeds
the credit limit, You must pay Us that excess immediately.
Payments to Your Account will be applied to the portion of
Your  balance  with  highest  APR  first.  We  will  apply  Your
payments in the following order:
(a) To FINANCE CHARGE owed;
(b) To any fees or charges owed;
(c) To the principal portion of the balance with the highest APR;
(d) To the balances with lower APRs, in descending order.
5. FINANCE  CHARGE  -  You  can  avoid  FINANCE
CHARGE  on  purchases  by  paying  the  full  amount  of
the “New Balance” (including purchase balance, cash
advance  balance,  promotional  balance  transfer  bal-
ance, FINANCE CHARGE, and other charges) within
25 days (grace period) of Your statement closing date.
If  You  fail  to  pay  the  entire  “New  Balance”  shown  on
any  statement  within  25  days  of  the  closing  date,  FI-
NANCE CHARGE will begin to accrue on purchase bal-
ances the first day of the billing cycle immediately fol-
lowing the statement on which the entire balance was
not paid in full, and continue through the closing date
of that statement. Cash advances, including promotional
balance  transfers,  are  always  subject  to  FINANCE
CHARGE beginning on the date they are posted to Your
Account. FINANCE CHARGE is based on the Average
Daily Balance method and is determined by applying a
daily periodic rate, which corresponds to an ANNUAL
PERCENTAGE RATE (discussed in Section 6 below) to
the average daily principal balance for a billing cycle.
Daily  principal  balances  and  corresponding  average
daily balances are calculated separately for purchases
and cash advances (which include promotional balance
transfers) and are determined as follows. For each day
during  the  statement  period  (billing  cycle),  the  previ-
ous day’s principal balance of purchases and cash ad-
vances are increased by any new purchases, cash ad-
vances, promotional balance transfers, or adjustments,
and  decreased  by  any  payments,  credits,  or  adjust-
ments posted to the Account that day.  Each separate
daily principal balance is then multiplied by the number
of days that balance was owing. The sum of all of the
daily principal balances is then divided by the number
of days in the statement period (the average daily bal-
ance) and then multiplied by the daily periodic rate in
effect for the Account at that time.

6. Variable  Rate  Feature  -  This  Account  has  a  variable
rate feature, and the ANNUAL PERCENTAGE RATE, cor-
responding  to  the  daily  periodic  rate,  may  change  as  a
result.  The  ANNUAL  PERCENTAGE  RATE  on  Your  Ac-
count  may  vary  each  calendar  quarter  (for  Fine  Tune$
Visa Classic, each year – July 1 through June 30) to re-
flect increases and decreases in the Prime Lending Rate
within the maximum and minimum rates. Any increase in
Your ANNUAL PERCENTAGE RATE will result in increased
FINANCE CHARGES. The Prime Lending Rate means the
prime rate published under Money Rates in the Wall Street
Journal, which is the base rate on corporate loans at large
U.S. Money Center commercial banks (or substitute pub-
lication,  as  permitted  by  law).  The  ANNUAL  PERCENT-
AGE RATE will be a percentage, called a margin, above
the Prime Lending Rate in effect three business days prior
to  the  first  day  of  each  calendar  quarter  (for  Fine  Tune$
Visa Classic, prior to  July 1 each year) . Your ANNUAL
PERCENTAGE RATE shall be adjusted on the first day of
each  calendar  quarter  (January  1,  April  1,  July  1,  and
October 1) (for Fine Tune$ Visa Classic, each year – July
1)  and  the  adjusted  rate  shall  apply  to  the  existing  Ac-
count  balance,  as  well  as  new  purchases  and  cash  ad-
vances,  for  the  entire  calendar  quarter  (for  Fine  Tune$
Visa  Classic,  through  June  30  of  the  next  year).  In  the
event You fail to make any payment within sixty (60) days
of when it is due, or Your balance exceeds Your credit limit
and You do not repay the amount by which the balance
exceeds Your credit limit within sixty (60) days, Your AN-
NUAL PERCENTAGE RATE will change to a Default AN-
NUAL PERCENTAGE RATE of 18%, notwithstanding any-
thing  to  the  contrary  in  this  Agreement.  We  will  provide
You with notice of any such increase in rate as required by
law.  Unless  We  receive  from  You  the  required  minimum
payments on time during the six (6) month period begin-
ning on the date of this increase, Your ANNUAL PERCENT-
AGE RATE will then remain at 18% indefinitely. The maxi-
mum ANNUAL PERCENTAGE RATE will not exceed 18%
ANNUAL  PERCENTAGE  RATE.  Please  refer  to  the  ad-
dendum  entitled  “Important  Information  Regarding  Your
Account” for the current “margin” on purchases and cash
advances, daily periodic rate(s), ANNUAL PERCENTAGE
RATE(S) and minimum ANNUAL PERCENTAGE RATE(S)
on Your particular credit card program. Except for the mini-
mum and maximum rates that can apply, there is no limit
on  the  amount  by  which  the  ANNUAL  PERCENTAGE
RATE  can  change.  The  ANNUAL  PERCENTAGE  RATE
includes only interest and not other costs. The current AN-
NUAL PERCENTAGE RATE(S) will appear on Your monthly
billing statement.
7. Other Charges - You will be charged a fee each time
You  obtain  a  Cash  Advance  or  a  Balance  Transfer  from
Your Account. Please refer to the addendum entitled “Im-
portant  Information  Regarding  Your  Account”  for  the
amount of the Cash Advance Fee or Balance Transfer Fee
You will be charged.
8. Credits - Merchants who honor Your Card will give You
a credit for returns or adjustments, by sending Us a credit
transaction which We will post to Your Account. You should
keep Your copy of the credit receipt to verify Your monthly
statement. If Your credits and payments exceed what You
owe Us on the Account, We will credit such excess to the
Account and, if the amount is $1.00 or more, We will re-
fund it after 6 months or upon Your written request.
9. Payment  Postponement  Feature  -  From  time  to  time
We may offer to allow You to skip one or more payments

during  the  year.  This  postponement  is  optional.  The  no-
tice of program offering will state the fee for postponing
the payment and the duration of the postponement, if ac-
cepted by You. Finance Charge will continue to accrue on
Your  Account  for  the  duration  of  the  postponement  ac-
cording to the terms of this Agreement. Regular payments
will resume at the end of the postponement period.

10.  Pledge of Shares and Security Interest - BY SIGN-
ING AN APPLICATION, ACCEPTANCE OR AUTHORIZED
USE  OF  ANY  CREDIT  CARDS,  YOU  GRANT  AND
PLEDGE A CONSENSUAL LIEN TO US ON ALL SHARES
TO  SECURE  PAYMENT  OF  YOUR  OBLIGATIONS  ON
THIS ACCOUNT. IN ADDITION, YOU ACKNOWLEDGE
OUR STATUTORY LIEN RIGHTS UNDER THE FEDERAL
CREDIT UNION ACT, AND AGREE THAT SUCH A LIEN
IS  IMPRESSED  AS  OF  THE  DATE  THAT  THIS  AC-
COUNT IS OPENED; AND YOU AGREE THAT WE CAN
APPLY THE SHARES PLEDGED AT THE TIME OF ANY
DEFAULT  ON  THIS  ACCOUNT  WITHOUT  FURTHER
NOTICE.  “Shares,”  for  the  purpose  of  Your  pledge  to
secure Your obligations to the Credit Union, means all
deposits  in  any  share  savings,  checking,  club,  certifi-
cate,  P.O.D.,  revocable  trust  or  custodial  account(s),
whether jointly or individually held – regardless of con-
tributions – that You have on deposit now or in the fu-
ture.  Your  pledge  does  not  include  any  IRA,  KEOGH,
tax escrow, irrevocable trust, or fiduciary account in which
You do not have a vested ownership interest. In addi-
tion, to secure Your Account, You grant us a Purchase
Money  Security  Interest  under  the  Uniform  Commer-
cial Code in any goods or articles You purchase through
the Account. If You default, in addition to any other rights
We have, We will have the right to recover any of these
goods or articles which have not been paid for through
Our  application  of  Your  payments  in  the  manner  de-
scribed  herein.  You  also  agree  to  grant  us  a  security
interest in collateral (other than collateral consisting of
(i)  real  estate  that  is  Your  principal  residence;  and  (ii)
household goods) securing other loans with Us to se-
cure Your Account.

11. International Transaction - If You use Your Visa Credit
Card to make a transaction in a country outside the United
States,  You  will  be  charged  an  International  Transaction
Fee.  If  the  transaction  is  made  in  foreign  currency,  the
transaction will be converted to U.S. Dollars. The currency
conversion  rate  will  be  a  rate  selected  by  Visa  from  the
range  of  rates  available  in  wholesale  currency  markets
for the applicable central processing date, which may vary
from the rate Visa itself receives, or the government man-
dated rate in effect for the applicable central processing
date. All transactions made outside the United States will
be charged an International Transaction Fee regardless if
the  transaction  is  made  in  foreign  currency  or  U.S.  cur-
rency, in each instance, plus an additional amount charged
by Us. Please refer to the addendum entitled “Important
Information  Regarding  Your  Account”  for  the  amount  of
the International Transaction Fee You will be charged; or
see  Our  current  fee  schedule  for  ATM/Debit/Credit  Card
International Transaction Fee for the current fee amount.
We  reserve  the  right  to  change  this  fee,  upon  notice,  in
the  future.
12. Loss or Theft of Card - You agree to notify Us immediately
upon discovering that Your Card has been lost or stolen.
To Report a Lost or Stolen Card
Mon.-Fri. 8:30 a.m. - 5:30 p.m. • Sat. 9:00 a.m. - 1:00 p.m.
(810) 244-2200 (cid:129) all other times (800) 991-4961

13. Stopping Payment - Once a charge is made through
the use of the Card or Account number, We cannot “stop
payment” on the charge. If there is a dispute involving a
charge  on  Your  Account,  please  refer  to  the  section  en-
titled  “Your  Billing  Rights.”  You  may  stop  payment  on  a
credit  card  check  by  notifying  Us  in  writing  at  P.O.  Box
7006, Flint, Michigan 48507-0006 or by calling Us at the
telephone  number  listed  on  the  billing  statement.  If  You
call, You must confirm the call in writing within 14 days. A
written  stop  payment  order  will  remain  in  effect  for  six
months unless renewed in writing. The charge for a “stop
payment” is indicated on the addendum entitled “Impor-
tant Information Regarding Your Account.”
14. Default - In addition to any other rights and remedies
We have under this Agreement, You will be in default, and
You agree to pay a Late Payment Fee, if You fail to make
at least the “Minimum Payment” shown on a monthly state-
ment within 25 days of the closing date of the statement.
Please  refer  to  the  addendum  entitled  “Important  Infor-
mation  Regarding  Your  Account”  for  the  amount  of  the
Late Payment Fee You will be charged. You will also be in
default (a) if You breach any other conditions of the Agree-
ment (such as exceeding Your credit limit), (b) if We deter-
mine that Your creditworthiness (which includes Your abil-
ity to repay Us) has become unsatisfactory due to a change
in employment, increase in Your other obligations, if You
made any false or misleading statement in any credit ap-
plication  or  credit  update,  or  because  of  any  other  rea-
son, or (c) in the event of Your death. If Your Account bal-
ance exceeds Your credit limit, We may treat Your Account
as being in default. Your Account will not be considered in
default, if the over-the-credit-limit condition results solely
from the reduction of Your credit limit and You do not use
Your  credit  card  until  the  Account  balance  is  below  the
new credit limit. In the event of any default or in the event
this Agreement is terminated by You or by Us for any rea-
son, the entire balance on the Account becomes due and
payable forthwith. You also agree that, in case of default,
You  will  pay  all  usual  and  customary  costs  of  collection
including  reasonable  attorney  fees.  You  further  agree,
unless prohibited by law, that in the event legal proceed-
ings are initiated to collect on this Account, proceedings
may  be  filed  in  any  District  or  Circuit  Court  in  a  County
where We conduct business.
15. Personal and Credit Information - You authorize Us to
investigate Your credit standing when opening, renewing
or reviewing Your Account, and You authorize Us to dis-
close information regarding Our experience with You un-
der this Agreement to credit bureaus and other creditors.
You also agree that We may provide personal data to Visa
U.S.A.,  its  Members,  or  their  respective  contractors  for
the purpose of providing Emergency Cash and Emergency
Card Replacement Services, where applicable.
16. Effect  of  Agreement  -  This  Agreement  contains  Our
complete contract relating to the Account and applies to
every  transaction  relating  to  the  Account  even  though  a
purchase,  cash  advance,  or  credit  receipt  may  contain
different  terms.
17. Amendment  of  Agreement  -  From  time  to  time,  We
may amend this Agreement by giving You written notice of
the amendment at least 45 days before it goes into effect,
unless  a  shorter  notice  period  is  permitted  by  law.  The
notice will be sent to Your last known address appearing
in Our records when it is sent, and will state the date upon
which the amendment will become effective. To the extent
the  law  permits,  and  indicated  in  the  notice  to  You,  the

change will apply to Your existing Account balance as well
as to future transactions.
18. Personal Identification Number (PIN) - We will furnish
You with a Personal Identification Number (PIN). You agree
to keep the PIN secret. You also agree You won’t write the
PIN on the Card or anything You keep with the Card. Your
use  of  the  PIN  and  Card  in  getting  a  cash  advance  or
making a purchase is agreed to constitute Your signature
for purposes of such transaction.
19. Liability for Unauthorized Use - You may be liable for
the unauthorized use of Your credit card. You will not be
liable for unauthorized use that occurs after You notify Us
orally, or in writing, of the loss, theft, or possible unautho-
rized use. Additionally, You will not be liable if You report
the loss or theft of Your Card within two business days of
discovery that the Card is missing, unless You have been
grossly negligent or fraudulent in the handling of the Ac-
count or Card. In any case, Your liability will not exceed
$50.00 for unauthorized cash advances at ATMs and zero
liability for unauthorized credit card purchases.
If  the  error  You  assert  is  an  unauthorized  Visa  transac-
tion, other than a cash disbursement at an automated teller
machine, We will credit Your Account within five (5) “busi-
ness days” unless We determine that the circumstances
or Your Account history warrant a delay, in which case You
will receive credit within ten (10) “business days.”

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
If You think Your bill is wrong, or if You need more informa-
tion about a transaction on Your bill, write Us on a sepa-
rate 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.
In Your letter, give Us the following information:
• Your name and Account number;
• The dollar amount of the suspected error;
• Describe the error and explain, if You can, why You be-
lieve  there  is  an  error.  If  You  need  more  information,
describe the item You are not sure about.

If You have authorized Us to pay Your credit card bill auto-
matically from Your savings or draft account, You can stop
the payment on any amount You think is wrong. To stop
the payment Your letter must reach Us three business days

before the automatic payment is scheduled to occur.
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 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, in-
cluding  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 ten 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.

Special Rule for Credit Card Purchases
If You have a problem with the quality of property or ser-
vices that You purchased with a credit card, and You have
tried  in  good  faith  to  correct  the  problem  with  the  mer-
chant,  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 Your purchase in Your home state
or,  if  not  within  Your  home  state,  within  100  miles  of
Your current mailing address; and

(b) The purchase price must have been more than $50.00
These limitations do not apply if We own or operate the
merchant, or if We mailed You the advertisement for the
property or services.

P.  O.  Box  7006
Flint,  Michigan  48507
(810)  244-2200  •  (800)  748-0451

Main  Office:  G-3381  Van  Slyke  Road • Flint
Branches: G-5256 Corunna Road • Flint Township
7048  Miller  Road •  Swartz  Creek
15125  Silver  Parkway • Fenton
8250  S.  Saginaw  Street  •  Grand  Blanc

Federally insured 
by NCUA

“IMPORTANT INFORMATION REGARDING YOUR ACCOUNT”
Retain this document as it is an important part of your Truth-In-Lending Disclosure Statement and contract.

Interest Rates and Interest Charges

Annual Percentage Rate (APR) 
for Purchases

APR for Balance Transfers 

VISA PLATINUM
7.25%, 10.25%, or 14.25%, based on your creditworthiness when you opened your 
account. After that, your APR will vary with the market based on the Prime Rate.
10.25%, 14.25%, or 18.00%, based on your creditworthiness when you opened your account. After that, your 
APR will vary with the market based on the Prime Rate. 

APR for Cash Advances

10.25%, 14.25%, or 18.00%, based on your creditworthiness when you opened your account. After that, your 
APR will vary with the market based on the Prime Rate.

APR for Overdraft Advance 
Transfers

10.25%, 14.25%, or 18.00%, based on your creditworthiness when you opened your account. After that, your 
APR will vary with the market based on the Prime Rate.

Penalty APR

18.0%
This APR will apply if:

1. You fail to make any payment within sixty (60) days of when it is due, or
2. Your balance exceeds your credit limit and you do not repay the amount by which the balance exceeds 

your limit with sixty (60) days.

How long will the Penalty APR apply?: If your APRs are increased for any of these reasons, the Penalty APR 
will apply until you make six (6) consecutive required minimum payments on-time during the six (6) month period 
beginning on the date of the increase. Otherwise, your Annual Percentage Rate will then remain at 18% indefinitely.

 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 statement balance by the due date each month.
None

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 http://www.consumerfinance.gov/learnmore.

None

None
None
3% of each transaction in U.S. dollars.

Up to $25.  
Up to $25. 

$25 for each check or group of checks.

We use a method called “average daily balance (including new purchases).”

How to Avoid Paying Interest 
on Purchases

Minimum Interest Charge

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau

Fees

Annual Fee

Transaction Fees

• Balance Transfer Fee
• Cash Advance Fee
• International Transaction Fees

Penalty Fees

• Late Payment Fee
• Returned Payment Fee

Check Stop Payment Fee 
How We Will Calculate Your Balance

Billing Rights

Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

This information is valid as of 2/1/13, but is subject to change after that date. Contact the credit union at 810-244-2200 or toll-free 800-748-0451 for changes in these terms since it was published.