Interest Rates and Interest Charges

FNRW-D-0612 (AFTI)

Annual Percentage Rate (APR)
for Purchases
APR for Cash Advances

How to Avoid Paying Interest 
on Purchases

Minimum Interest Charge

For Credit Card Tips from the 
Federal Reserve Board

Fees

Set-up and Maintenance Fees

  Annual Fee
  Authorized User Fee

Transaction Fees
  Cash Advance

Penalty Fees
  Late Payment
  Returned Payment

29.9%
29.9% 
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.
NONE

To learn more about factors to consider when applying for or using a credit card, 
visit the website of the Federal Reserve Board at http://www.federalreserve.
gov/creditcard

NOTICE: Some of these set-up and maintenance fees will be assessed 
before you begin using your card and will reduce the amount of credit you 
initially have available. For example, if you are assigned the minimum credit 
limit of $300, your initial available credit will be only about $225 (or about 
$205 if you choose to have an authorized user).

$75
$20 annually (if applicable)

3% of each advance or a minimum of $5, whichever is greater.

Up to $29
Up to $29

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).”

Terms and Conditions

Legacy Visa REWARDS Credit Card Important Information: Please take the time to read and save. 

PRESCREEN & OPT-OUT NOTICE: You were selected for this “prescreened” offer of credit because the credit 
bureau gave us your name and address and indicated that you met our minimum credit criteria (the way you 
maintain your other credit cards and/or loans). If you do not want to be included on marketing lists you can 
tell the credit bureaus to stop using your credit information for this purpose. To make this request, you need 
to notify the credit bureaus at: Experian Target Marketing, P.O. Box 919, 701 Experian Parkway, B2, Allen, TX 
75013; Equifax Options, P.O. Box 740123, Atlanta, GA 30374-0123; Trans Union Opt-Out Request, P.O. Box 505, 
Woodlyn, PA, 19094-0505, or call 1-888-567-8688.

Conditions Of This Pre-Approved Offer: You must 1) be a resident of the United States; 2) accept this offer on or before 
the REPLY BY DATE; 3) continue to meet our minimum credit criteria; 4) provide information that can confirm your income 
and that you are 18 years old or older; 5) meet our debt-to-income requirements; and 6) NOT have any other credit card 
issued by First National Credit Card.

Important Information About Procedures For Opening a New Account: To help the government fight the funding of terrorism 
and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies 
each person who opens an account. What this means for you: when you open an account, we will ask for your name, address, 
date of birth and other information that will allow us to identify you.

REWARDS  Program  Information: You  will  earn  $1  in  rewards  for  every  $100  in  net  purchases  made  on  your  account.    Net 
purchases are purchases made during the billing cycle minus returns and disputed purchases. Rewards earned during a billing 
cycle will be awarded when that cycle’s billing statement prints. Rewards can be redeemed one billing cycle after awarded. There 
is no limit on the amount of rewards you can earn. You will not earn rewards on cash advances, fees or interest charges. Rewards 
cannot be redeemed until your account has been open 90 days. When you have been awarded $3 or more in rewards, you can 
redeem  your  rewards  by  calling  the  customer  service  telephone  number  on  your  statement.  Partial  redemption  of  rewards  is 
permitted. If you have $300 in rewards that you have been awarded but have not redeemed, those rewards will be automatically 
redeemed. Redeemed rewards will post as a payment to your account. You may also have to make a separate payment to meet 
the  required  minimum  due  on  that  billing  statement.  If  redeemed  rewards  create  a  credit  balance  on  your  account,  you  may 
request a refund check or the credit balance may be automatically refunded to you. The rewards balance will appear on your 
monthly billing statement. Rewards will not expire. If your account is closed, suspended or in default, we will apply your earned 
rewards to your account.

Qualify For Future Unsecured Credit: Initially, you will be issued a Visa® with at least a $300 credit limit, up to a maximum of 
$1,500. If you make all your payments on time, meet our debt-to-income requirements, keep your account in good standing and 
maintain your credit profile, you may be eligible to receive future credit limit increases.

 
 
Privacy: Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some 
but not all sharing. All financial companies need to share customers’ personal information to run their everyday business. We do not 
share your personal information except as permitted by law to process your transactions, maintain your account(s), respond to court 
orders and legal investigations, to report to credit bureaus, or to offer our products and services to you. We will provide a complete 
privacy notice when your account is approved. If you would like a copy of our privacy notice, you may obtain one by visiting our 
website at www.firstnationalcc.com.

Electronic  Communication:  By  providing  your  email  address,  you  are  authorizing  us  to  communicate  with  you  at  this  email 
address.

Authorization / Notices: By accepting this offer, you are requesting credit from us. You confirm that all information you provide 
to us is true and correct.

Credit Reports: By responding to this offer, you are authorizing us to obtain credit reports about you, both now and in the future, 
for any legitimate business purpose associated with the account or request for an account, including but not limited to reviewing, 
modifying, renewing or collecting on your account. We may report information about your account to credit bureaus. Late payments, 
missed payments, or other defaults on your account may be reflected on your credit report. You and each authorized user agree 
that we may report account information to credit reporting agencies in the names of both you and the authorized user(s).

Optional  PREMIUM  Club  Membership:  This  optional  program  offers  participants  products  and  services  by  national 
retailers  in  addition  to  added  card  protection  and  services.  The  cost  of  this  program  is  $4.95  per  month  and  is  included  on 
your  billing  statement.  Should  you  want  to  cancel,  call  customer  service  or  write  to  the  PREMIUM  Club.  Enrolling  or  using 
the  services,  products  or  discounts  of  the  PREMIUM  Club  signifies  your  acceptance  of  the  membership  and  associated  fee.  
This  program  is  offered  and  administered  by  CAPITAL  Enhancement  Services,  LLC.  The  PREMIUM  Club  is  a  service  mark 
of  CAPITAL  Enhancement  Services,  LLC.  All  rights  reserved.  © Copyright  2012,  CAPITAL  Enhancement  Services,  LLC. 

OPTIONAL PAYMENT PROTECTION PLAN DISCLOSURE TERMS: Payment Protection Plan is an optional program offered by 
First National Bank to eligible credit card members.  Whether or not you purchase the Payment Protection Plan will not affect 
your application for credit or the terms of any existing credit agreement you have with the bank.  Upon enrollment, we will give 
you additional information before you are required to pay for the Payment Protection Plan.  This information will include an addendum 
to your First National Bank Credit Card contract that fully describes the program’s features and benefits.  Please read it carefully for 
a full explanation of terms including eligibility requirements, conditions and exclusions that could prevent you from receiving benefits 
and defines your cancellation rights.  You may cancel your Payment Protection at any time and, if you cancel within the first 30 days, 
any fees charged will be refunded.  Your monthly cost is $.89 per $100 of outstanding balance.  Payment Protection Plan fees will be 
automatically charged to your account each month.  
Benefits are limited to the minimum monthly payments as of your date of unemployment, disability, hospitalization, military leave, 
certified family medical leave or jury duty up to a maximum of $5,000, or your balance as of your date of death up to a maximum of 
$5,000.  You must be enrolled in the Payment Protection Plan for at least 30 days before your claim occurs.  While receiving benefits, 
you will be unable to make any new charges or cash advances on your credit card.  There is a 120-day wait period between qualified 
events.  Unemployment, disability and military leave benefits cover your minimum monthly payment up to 18 months per event.  
To qualify for unemployment and disability protection, you must work at least 30 hours per week for at least 6 months before the 
loss.  Disability coverage excludes pre-existing conditions for 12 months after enrollment, excludes normal pregnancy and excludes 
childbirth. Military leave applies if you are called to active duty.  Hospitalization benefits cover one minimum monthly payment per 
event.  Certified family medical leave consists of caring for a family member with a serious medical condition, caring for a newborn 
or caring for an adopted child. Certified family medical leave and jury duty benefits cover your minimum monthly payment up to 3 
months per event.  
First National Bank may cancel the Payment Protection Plan at any time including, but not limited to, if the account is in default, 
discharged or terminated, or if you have received the $5,000 maximum benefit.  The amount of protection under this contract has 
limits and may not cancel your entire balance or entire monthly payment.  You are responsible for any amounts past due or any 
amounts over your credit limit before your date of loss.

Credit Card Contract and Initial Disclosure Statement 

Please read this contract carefully. Your credit card account is governed by this contract. You become bound by the terms of this 
contract when you sign your application. In the contract, “bank,” “we,” “our” and “us” refer to First National Bank (Ft. Pierre, SD) and 
we are the creditor named in the application you signed. “You,” “your” and “applicant” are the person(s) who applied to us for the 
account. “Contract” means the terms and conditions outlined in this contract. “Account” means the credit card account we open for 
you to use to access the credit we extend to you. “Credit limit” means the maximum account balance you can have at any time.

1.  Your Responsibility for the Account: You are responsible for the balance on the account and you agree to pay the balance 
under the terms of this contract. You need to sign the back of the card. You need to protect and control the card by not letting 
any other person use it. If you let another person use it, you agree to be responsible for any charges they make. We may let 
you add an authorized user to your account. An authorized user is any person you give permission to use the card or your 
account. If you add an authorized user, you agree to pay for any charges they make as well as any related fees or interest. If 
you do not pay for the charges made by the authorized user, we may choose to collect directly from them. If you want to remove 
an authorized user from your account, you need to get the card from them and notify us. If you cannot get the card, contact us 
immediately and we will close the account to try to stop further charges. The cards remain our property and you agree to return 
them at our request or we have the right to have a merchant keep the card and return it to us. If your card is lost or stolen or 
you suspect unauthorized use of your account, you agree to notify us immediately.

2.  Using Your Account to Obtain Credit: You can use the card and your account to make charges. We can close or suspend 
the account at any time for any reason including if the activity on your account appears suspicious, if we are concerned about 
repayment or if the balance is over the credit limit. We can also limit the number or amount of charges you can make on the 

account. You may be assigned a PIN (Personal Identification Number) or you may request a PIN to use ATM’s to obtain cash 
advances. The minimum cash advance is $20.00. Your card and account cannot be used for illegal charges. 

3.  Your Credit Limit: The credit limit is included in the information sent with your card and on your statements. You may not go 
over your credit limit at any time. If your balance is more than your credit limit, you must pay the amount over your credit limit 
immediately. 

4.  Monthly Billing Statements: We will send you a statement every month with the account activity, fees and interest. It will also 

show your minimum payment and payment due date.

5.  REWARDS Program Information: You will earn $1 in rewards for every $100 in net purchases made on your account. Net 
purchases are purchases made during the billing cycle minus returns and disputed purchases. Rewards earned during a billing 
cycle will be awarded when that cycle’s billing statement prints. Rewards can be redeemed one billing cycle after awarded. 
There is no limit on the amount of rewards you can earn. You will not earn rewards on cash advances, fees or interest charges. 
Rewards cannot be redeemed until your account has been open 90 days. When you have been awarded $3 or more in rewards, 
you can redeem your rewards by calling the customer service telephone number on your statement. Partial redemption of 
rewards is permitted. If you have $300 in rewards that you have been awarded but have not redeemed, those rewards will be 
automatically redeemed. Redeemed rewards will post as a payment to your account. You may also have to make a separate 
payment to meet the required minimum due on that billing statement. If redeemed rewards create a credit balance on your 
account, you may request a refund check or the credit balance may be automatically refunded to you. The rewards balance will 
appear on your monthly billing statement. Rewards will not expire. If your account is closed, suspended or in default, we will 
apply your earned rewards to your account.

6.  Payments: Payments should be sent to the address on the payment coupon with your billing statement. If you send a payment 
to any other address, there may be a delay in crediting it to your account. We do not lose any of our rights to collect the full 
balance if we accept late payments, partial payments or checks or money orders marked “payment in full” or similar language. 
Do not send us postdated checks. If you do, we may deposit these checks when we receive them and will not be liable for 
any fees that may result. We will post payments when received but we may restrict your ability to make new charges against 
that  payment  amount  for  up  to  thirty  (30)  days.  If  your  payment  is  returned  unpaid  from  your  bank,  we  may  re-present  it 
electronically. If this occurs, your check will not be sent to your bank but they can get a copy of it at your request. 

7.  Minimum Payment and Monthly Payment: You may pay your entire balance at any time without penalty. You must pay at 
least the minimum payment each month by the payment due date. The payment due date will be at least twenty-five (25) days 
from the closing date. The closing date is the last day of the billing cycle.
Monthly Payment: If your balance is less than $30, the monthly payment is the balance. If your balance is greater than $30, 
your monthly payment is the largest amount of either $30 or 4% of your balance or 1% of the balance plus the current late fee 
and interest. 
Minimum Payment: The minimum payment is the sum of any past due monthly payments plus the current monthly payment 
plus any amount over your credit limit.

8.  Applying Your Payments: In general, the payment will be applied in the following order: Unpaid interest, unpaid fees and 
other charges, and then principal balance. Payments applied to the principal balance will first be paid to balances at the highest 
annual percentage rate (APR) and then to balances at lower APRs.

9.  Payment  Methods:  All  payments  must  be  made  in  U.S.  dollars  and  drawn  on  a  financial  institution  located  in  the  United 

States. Do not send cash through the mail. 

10.  When Interest is Charged: Interest will be charged if you did not pay the prior month’s ending balance in full by the payment 
due date. We figure the interest on your account by applying the periodic rate to the “average daily balance” of your account. 
To calculate the “average daily balance”, we take the beginning balance of your account each day, add any new purchases, 
advances and fees, and subtract any unpaid interest, payments and credits. 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”. Billing cycle means the time between two billing statements. To calculate the interest, we multiply the 
average daily balance by the monthly periodic rate. The monthly periodic rate is calculated by dividing the annual percentage 
rate of 29.9% by 12 (months). The monthly periodic rate is 2.4917%.

11. Account Fees: You agree to pay us the following fees which will be billed to your account as a purchase and will accrue 

interest.
a.  Annual Fee: A $75 annual fee will be billed on your first billing statement and then about the same time each year.
b.  Late Fee: You will be billed up to $29 if your payment is not received by the payment due date. 
c.  Returned Payment Fee:  You will be billed up to $29 if your payment is returned for any reason. 
d. 

 Cash Advance Fee: You will be billed a fee of 3% of the amount of each advance or a minimum of $5; whichever is 
greater.

e.  Optional Authorized User:  If you add an authorized user, there is a $20 annual authorized user fee.
f. 
g. 

 Express Delivery Fee: We will charge a $25.00 fee for the express delivery of your card sent priority two (2) day courier.
 Expedited Payment Fee: We will charge a $9.00 fee if you speak with a service representative and request that we 
expedite  your  payment  by  withdrawing  funds  from  your  checking  or  savings  account  to  make  a  payment  on  your 
account. We will process your request and post an expedited payment fee to your account.
 Copying Fee: We will charge a one-time $5.00 per item fee if you request a duplicate of any sales draft, statement or 
other document. We will charge you for each copy we provide.
 Due Date Change Fee: We will charge $10.00 if you request a change in your payment due date.
 Replacement Card Fee: We will charge $5.00 to replace your credit card.

h.  

i.  
j.  

12.  Lost or Stolen Cards: If your card is lost, stolen or being used without your permission, call us toll free (888) 883-9824, 24 
hours a day. You should also write to us. Do not use the card or account after you have notified us. You will not be responsible 
for paying for any unauthorized use after you notify us of the loss, theft or unauthorized use. 

 
 
 
 
 
 
 
 
 
 
 
13.  If Card is Refused: We are not responsible and have no liability if your card or account is not accepted for a charge. Although 
you may have the credit available, we may be unable to authorize credit due to system difficulties or mistakes. If your account 
is over the credit limit or past due, authorization for charges should be declined. 

14.  Cardholder Privacy: We will send you a privacy notice annually. Your telephone calls with our representatives may be recorded 
for quality and other purposes. We may use automated telephone equipment or pre-recorded telephone calls to contact you 
at any number you provide to us or that we obtain, including any cellular telephone number. You agree that we will not be 
responsible for the release of information to anyone who has gained possession of a card or identification number, credit account 
number or social security number. 

15.  Calls and Text Messages to Your Cellular Phone: If you provide us with your cellular phone number or contact us from your 
cellular phone, you are providing this phone number for us, our affiliates or any third party acting on our behalf to contact you 
at this number. You agree that we may use this phone number to contact you for any business purpose about your account 
and you agree to be responsible for any fees or charges you incur as a result of providing this information. You may request 
this number not be used. We may offer options for text messages or other electronic communications that may be received 
or  accessed  from  your  cellular  phone  and  you  agree  that  by  enrolling  in  these  services,  you  understand  and  agree  to  be 
responsible for any fees or charges you incur as a result of this enrollment.

16.  Your Billing Rights: Keep this Document 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: First 
National Bank, PO Box 5097, Sioux Falls, SD 57117-5097. In your letter, give us the following information: Your name and 
account number; the dollar amount of the suspected error; a description of the 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: 1) Within 60 days after the error 
appeared on your statement; and, 2) If you have enrolled in automatic payment, at least 3 business days before the 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.
When we receive your letter, we must do two things: 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. Within 90 days of receiving your letter, we must 
either correct the error or explain to you why we believe the bill is correct.
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 send 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. These limitations do not apply 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: First National Bank, PO Box 5097, Sioux Falls, SD 57117-5097. 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 think you owe an amount and you do not pay, we may report you as delinquent.

17.  Delay in Enforcement: We can delay enforcing or fail to enforce any of our rights under this contract without losing our right 

to enforce them at a later time. 

18.  Credit Reports: You authorize us to obtain credit reports about you for any legitimate business purpose. We may obtain a 
credit report for reviewing, modifying the terms, renewing the account or collection. We may report information about your 
account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit 
report. You and each authorized user agree that we may report account information to credit reporting agencies in the names 
of both you and the authorized user(s).

19.  Change in Terms of Your Credit Account: We may change any term of this contract at any time upon notice to you as is 
required by law. You may have the right to reject the change in terms, depending on the type of change, and if you do, your 
account will be closed and you will be able to pay off the balance under the terms in effect at that time.

20.  Law Governing this Contract: This contract is entered into in the state of South Dakota where the decision to grant credit 
will be made. Therefore, this contract will be governed by the laws of the state of South Dakota applicable to contracts, and 
applicable federal law.

21.  Severability: If any provision of this contract is invalid or unenforceable under any law, rule or regulation, it shall not affect the 

validity or enforceability of any other provision of this contract.

22.  Default: You will be in default of this contract if any of the following occur:

If you do not make a minimum payment on your account on or before the payment due date;
If you die or become legally incompetent;
If you become insolvent or bankrupt;
If you exceed or attempt to exceed your credit limit;
If you provide us with or have provided us with false or misleading information or signatures at any time;
If you fail to comply with this contract;
If you request an excessive number of replacement cards; or

a. 
b. 
c. 
d. 
e. 
f. 
g. 
h.  We reasonably deem the prospect of repayment of your account to be in jeopardy for any reason.

If you are in default, we may immediately cancel your account and we do not have to give you notice of cancellation. We can 
also require that you pay us the balance on your account.  You agree that you will return the card(s) to us. Even if an account 
is in default, you agree to pay interest and fees as defined in this contract until your balance is paid in full. If your account is 
in default and you try to make charges, we can use any legal means to recover the card(s) including listing your account in 
warning bulletins and offering rewards for the return of the cards. If you resolve a default situation, we can still declare your 
account in default for the same or different reason at a later time. 

23.  Cancellation: You may cancel your account at any time by notifying us in writing at the address on your monthly statement 
and returning all cards issued on your account (cut in half). Even if your account is closed, you agree to pay the balance on the 
account under the terms of this contract. We can suspend your account privileges or cancel your account at any time, for any 
reason. We will notify you after we do so, unless you are in default at that time. We will have no obligation to notify you prior to 
suspending your charging privileges or cancelling your account. 

24.   Refund of Initial Fees:  If you cancel your account within 90 days after the card is first mailed to you and if you have not used 

your account for any charges, all fees and interest billed to your account will be credited back to your account.

25.  Collection Costs: Unless prohibited by applicable law, if we start collection proceedings to recover amounts you owe us by 

reason of this contract, you agree to pay reasonable attorney’s fees and other collection costs.

26.  Headings: The headings used in this contract are for the convenience of reference only and are not intended in any way to 

define or describe the scope or intent of any provision of this contract.

27.  State Notices:

a.  California Residents: A married applicant may apply for a separate account. As required by law, you are hereby notified 
that negative credit reporting may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit 
obligations. After credit approval, each applicant shall have the right to use the account up to the limit of the account. 
Each applicant may be liable for amounts extended under the plan to any joint applicant.

b.  Kentucky Residents: You may pay the unpaid balance of your account in whole or in part at any time.
c.  Maine Residents: Payment Protection provided herein is voluntary and you have the right to cancel such protection at 

any time.

d.  New York Residents: Consumer reports may be requested in connection with the processing of the application and 
any resulting account. Upon your request, we will inform you of the names and addresses of any consumer reporting 
agencies  which  have  provided  us  with  such  reports.  New York  residents  may  contact  the  New York  State  Banking 
Department to obtain a comparative list of credit card rates, fees and grace periods. New York State Banking Department 
1-800-518-8866.

e.  Ohio  Residents: The  Ohio  laws  against  discrimination  require  that  all  creditors  make  credit  equally  available  to  all 
creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon 
request. The Ohio Civil Rights Commission administers compliance with this law.