No Cyprus Credit Union employee or agent will reque st a cardholder to divulge their PIN in an oral or written manner.This Agreement covers your Student VISA Platinum Credit 
Card and/or VISA Debit Card with Cyprus Federal Cre dit 
Union . In this Agreement the words you  and your  mean each and 
all of those who use or sign a Card.  We, us  and ours  mean Cyprus 
Credit Union. Card  means the Student VISA Platinum Credit 
Card and or VISA Debit Card and any duplicates and renewals 
we issue. Account means your Student VISA Platinum Credit 
Card Line of Credit and or VISA Debit Overdraft Lin e of Credit 
account with us. You agree that if you receive, sig n, request, use 
or permit others to use or sign any of the Cards is sued under this 
Agreement that you have accepted and agreed to all of the 
following terms, as amended from time to time. 
 You agree to all procedures required by us or any merchant 
which honors your Card as well as all terms on the Card. Any 
plural term used in this Agreement shall be deemed singular if 
context and construction so require. Any singular t erm used in 
this Agreement shall be deemed plural if context an d construction 
so require. 
 
1. Responsibility.  If we issue you a Card, you agree to repay all 
amounts due and the FINANCE CHARGE arising from the  use of 
the Card and the Card account.  You are responsible  for charges 
made by using this Card. You are also responsible f or charges 
made by anyone else to whom you give the Card, and this 
responsibility continues until the Card is recovere d. You cannot 
disclaim responsibility by notifying us, but we wil l close the 
account for new transactions if you so request and return all 
Cards.  Your obligation to pay the account balance continues even 
though an agreement, divorce decree, or other court  judgment 
may direct you or one of the other persons responsi ble to pay the 
account.  Any person using the Card is jointly resp onsible with 
you for charges he or she makes and any fees, but i f that person 
signs the Card, he or she becomes a party to this A greement and 
is also jointly responsible for all charges on the account, 
including yours. 
 
2. Lost Card Notification.   If you believe the Card has been lost 
or stolen, IMMEDIATELY CALL THE CREDIT UNION at: 
801-260-7600, 1-800-929-7787 during regular busines s hours or 
1-800-682-6075 after hours. If your PIN has been co mpromised, 
call #1-800-754-4128. A fee may be assessed for rep lacement of 
each lost Card.  Refer to the fee schedule.   
 
3. Your Liability for Unauthorized Use.   If you believe your 
Card or your PIN has been lost or stolen or that so meone has 
transferred or may transfer money from your account (s) without 
your permission, tell us AT ONCE.  Telephoning is t he best way 
of keeping your potential losses down.   
  
4. Credit Line.   We have established a self-replenishing VISA 
Credit Card Line of Credit and or VISA Debit Line o f Credit for 
you and have notified you of its amount when we iss ued the Card 
or on your statement. You agree not to let the acco unt balance 
exceed this approved Credit Line. Each payment you make on the 
account will restore your Credit Line by the amount  of the 
payment which is applied to principal. You may requ est an 
increase in your Credit Line by contacting us, and approval by a 
loan officer. By giving you written notice we may r educe your 
Credit Line from time to time, or with good cause, revoke your   
 
 
 
 
 
 
 
Card and Credit Line. Good cause includes your fail ure to comply 
with this Agreement, or our adverse reevaluation of  your 
creditworthiness. You may also terminate this Agree ment at any 
time, but termination by either of us does not affe ct your 
obligation to pay all the amounts due plus FINANCE CHARGES. 
The Card(s) remain our property and you must recove r and 
surrender to us all Cards upon our request and upon  termination 
of this Agreement, or pay necessary recovery costs incurred by 
us. 
 
5. Credit Information.   Your account is being established 
without credit information being obtained.  We will  not report 
this account to any credit reporting agency until a fter you reach 
the age of 18 or unless you are currently age 18. 
 
6. Monthly Payment.   We will mail you a statement every month 
showing your Previous Balance of purchases and cash  advances 
for the VISA Credit Card and or withdrawals for VIS A Debit 
Card, the current transactions on your account, the  remaining 
credit available under your Cre dit Line, the New Balances of 
purchases Student VISA Platinum credit Card cash ad vances and 
VISA Debit withdrawals, the Total New Balance, the FINANCE 
CHARGE, any other billed fees, and the Minimum Paym ent 
required. Your statement will show the required pa yment you 
must make for that statement and the date it is due .  By separate 
agreement you may authorize us to charge the minimu m payment 
automatically to your Share Savings or Checking Acc ount with 
us.  You may pay more frequently, pay more than the  Minimu m 
Payment or pay the Total New Balance in full, and y ou will 
reduce the FINANCE CHARGE by so doing. 
 
 a. VISA Credit Card Monthly Payment.  Every month you 
must pay at least the Minimum Payment upon receipt of your 
statement. The Minimum Payment will be eit her (a) 3% of your 
Total New Balance, or $25.00, whichever is greater;  or (b) your 
Total New Balance, if it is less than $25.00, plus any portion of 
the Minimum Payment(s) shown on prior statement(s) which 
remains unpaid.  In addition, if at any time your total New 
Balance exceeds your Credit Line, you must immediat ely pay the 
excess amount.  We will apply your payments first t o the 
FINANCE CHARGE on both purchases and cash advances,  then 
to any billed fees, then to the principal balance o f purchases and 
cash advances. 
 
b. VISA Debit Card Monthly Payment.  The Minimum 
Payment will be either (a) 3% of your Total New Bal ance, or 
$25.00, whichever is greater; or (b) your Total New  Balance, if it 
is less than $25.00, plus any portion of the Minimu m Payment(s) 
sh own on prior statement(s) which remains unpaid.  In  addition, 
at any time your total New Balance exceeds your Lin e of Credit, 
you must immediately pay the excess amount. We will  apply your 
payments first to the FINANCE CHARGE on both purcha ses and 
withdraw als, then to any billed fees, then to the principal  balance 
of purchases and withdrawals.  
 
 
 
  
Student VISA Platinum 
Credit Card / VISA Debit 
Card Agreement  No Cyprus Credit Union employee or agent will reque st a cardholder to divulge their PIN in an oral or written manner.7. Finance Charges.   
     a. VISA Credit Card.   You can avoid FINANCE CHARGES 
on purchases by paying the statement balance in ful l each month 
within 25 days of the statement closing date.  If y ou pay part of 
the purchases included in the statement balance wit hin 25 days of 
the statement closing date, FINANCE CHARGES will no t apply 
to the amount paid. However, cash advance fees may still apply.  
If the payment due date falls on a non-business day , payment 
must be received by the last business day prior to the due date. 
     You may be subject to a fixed rate or variable  rate of interest.  
The applicable rate will be disclosed to you on you r Disclosure 
Statement and monthly statements.  Interest is calc ulated by 
multiplying the applicable daily interest rate time s the average 
daily balance of purchases and cash advances.  The daily interest 
rate is calculated by dividing the applicable rate by 365.  The 
principal balances of purchases and cash advances a re determined 
each date during the statement period beginning wit h the principal 
portion of your Previous Balances, reduced by payme nts you 
make and credits we apply, and increased by purchas es and cash 
advances you make and debit adjustments we make dur ing the 
statement period.  The daily principal balances are  totaled and 
divided by the number of days in the statement peri od.  This 
produces separate average daily principal balances for purchases 
and cash advances to which the daily periodic rate is applied.  The 
variable rate is the Wall Street Journal  Prime Rate published on 
the last day of the month plus a margin.  The margi n for the VISA 
Platinum and VISA Platinum Plus is based on your cr edit risk and 
will be disclosed to you on your Disclosure Stateme nt.  The 
maximum variable ANNUAL PERCENTAGE RATE is the 
highest legal rate.  The maximum increase or decrea se your rate 
can change per calendar year is 3.0%. 
  
 b. VISA Debit Card.  Your interest is calculated by 
multiplying the applicable daily rate times the ave rage daily 
balance of purchases and withdrawals.  The fixed ra te is 12.99%. 
The daily rate is calculated by dividing the applic able rate by 365.  
The principal balances of purchases and withdrawals  are 
determined each day during the statement period, be ginning with 
the principal portion of your Previous Balances, re duced by 
payments you make and debit adjustments we make dur ing the 
statement period.  
 
8. Default.   You will be in default if you fail to make any 
Minimum Payment within 10 days after your statement  due date.  
You will also be in default if your ability to repa y us is materially 
reduced, you are a debtor in a bankruptcy or insolv ency 
proceedings, you pass away, you fail to abide by th is Agreement 
or if the value of our security interest materially  declines.  We 
have the right to demand immediate payment of your full account 
balance if you default.  To the extent permitted by  law, you will 
also be required to pay our collection expenses, in cluding court 
costs and reasonable attorneys� fees. 
 
9. Using the Card.   To make a purchase or cash advance, there 
are several methods for use of the Card.  You may p resent the 
Card to a participating VISA plan merchant, to us, or to another 
financial institution. You may complete the transac tion by using 
your Personal Identification Number (PIN) in conjun ction with 
the Card in an Automated Teller Machine or other ty pe of 
electronic terminal that provides access to the VIS A system. You 
may provide your VISA Card information to merchants  either by 
phone or by mail. The monthly statement will identi fy the 
merchant, electronic terminal, or financial institu tion at which 
transactions were made, but sales, cash advance, cr edit or other 
slips cannot be returned with the statement. The Cr edit Union may make a reasonable charge for photo copies of do cuments you 
request. 
 
10. Returns and Adjustments. 
 a. VISA Credit Card.   Merchants and others who honor the 
Card may give credit for returns or adjustments, an d they will do 
so by sending us a credit slip which we will post t o your account.  
If your credits and payments exceed what you owe us , we will 
hold and apply this cre dit balance against future purchases and 
cash advances, or if it is $1.00 or more, refund it  upon your 
written request. 
 b. VISA Debit Card .  Merchants and others who honor the 
Card may give credit for returns or adjustments, an d they will do 
so by sending us a credit slip which we will post to your 
Checking Account. 
 
11. Foreign Transactions.   Purchases and cash advances made in 
foreign countries and foreign currencies will be bi lled to you in 
U.S. Dollars.  The conversion rate will be made in accordance 
with the operating regulations for international tra nsactions 
established by VISA International, Inc.  VISA has t he right to 
assess a Foreign Conversion Fee.  This fee could be  up to 1.5% of 
the transaction amount 
 
12. Plan Merchant Disputes.   We are not re sponsible for the 
refusal of any plan merchant or financial instituti on to honor your 
Card.  We are subject to claims and defenses (other  than tort 
claims) arising out of goods and services you purch ase with the 
Card only if you have made a good faith atte mpt, but have been 
unable to obtain satisfaction from the plan merchan t, and: (a) your 
purchase was made in response to an advertisement w e sent or 
participated in sending you; or (b) your purchase c ost more than 
$50.00 and was made from a plan merchant in your state or 
within 100 miles of your home.  Any other disputes you must 
resolve directly with the plan merchant. 
 
13. Cross Collateral Agreement.   You hereby pledge as security 
for the VISA Line of Credit, any collateral that yo u have pledged 
as security on any other existing loan or advance a t the credit 
union or which you will pledge as security in the f uture.  
Understand that this is referred to as a cross coll ateral agreement, 
and that you knowingly and voluntarily grant the cr edit union the 
foregoing described security interests. 
 
14.  Lien and Right to Setoff.  You hereby grant us a lien and 
right to setoff on all shares and accumulated divid ends in any 
individual, joint, multiple party, or transaction a ccounts.  The 
Credit Union shall have a statut ory lien and right of setoff in all 
shares and accumulated dividends in all individual,  joint, multiple 
party, or transaction accounts in which any of you has any 
interest. We may exercise our lien rights without n otice.  The lien 
hereby created shall be a lien on the future amount in any 
accounts and is a possessor lien.   
 
15. Effect of Agreement.   This Agreement is the contract which 
applies to all transactions on your account even th ough the sales, 
cash advance, credit or other slips you sign or rec eive may 
contain different terms.  We may amend this Agreeme nt from 
time to time by sending you the advance written notice as 
required by law.  To the extent the law permits, an d we indicate in 
our notice, amendments will apply to your existing account 
balance as well as to future transactions. 
 
16. Annual Fee.  No annual fees are charged for Student 
Platinum VISA Credit Cards or Debit Cards. 
   Rev. 12/10/12 CFCU No Cyprus Credit Union employee or agent will reque st a cardholder to divulge their PIN in an oral or written manner. 
17. Late Charge.  A late charge of 5% of the payment or $25 
whichever is greater, shall be charged on any payme nt or partial 
payment not made within 10 days after its due date.  
 
18. Final Expression.   This Agreement is the final expression of 
the terms of this Card and Account between Cyprus C redit Union 
and the member(s)/borrower(s)/ user(s); this writte n Agreement 
may not be contradicted by evidence of any alleged oral 
agreement 
 
19. Illegal Transaction . Cards cannot be used for online 
gambling or any other illegal activity.  The Card i ssuer cannot be 
held liable for these transactions. 
 
20.  Your Billing Rights.  
 The following is 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 i nformation 
about a transaction on your bill, write us on a sep arate sheet at the 
address listed on your bill.  Write to us as soon a s possible, We 
must hear from you no later than 60 days after we s ent you the 
first bill on which the error or problem appeared.  You can 
telephone us, but doing so will not preserve your r ights.  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 believe 
there is an error.  
 If you need more information, describe the item yo u are not 
sure about. 
 If you have authorized us to pay your credit card bill 
automatically from your share savings or checking a ccount, you 
can stop the payment on any amount you think is wro ng.  To stop 
the payment your letter must reach us three busines s days before 
the automatic payment is scheduled to occur. 
 
Your Rights and Our Responsibilities After We Recei ve 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 col lect any 
amount you question, or report you as delinquent. W e can 
continue to bill you for the amount you question, i ncluding 
finance charges, and we can apply an unpaid amount against your 
credit limit.  You do not have to pay any questione d amount 
while we are investigating, but you are still oblig ated to pay the 
parts of your bill that are not in question. 
 If we find that we made a mistake on your bill, yo u will not 
have to pay any finance charges related to any ques tioned 
amount. If we didn�t make a mistake, you may have t o pay 
finance charges, and you will have to make up any m issed 
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 ow e, we may 
report you as delinquent.  However, if our explanat ion does not 
satisfy you and you write to us within ten days tel ling 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 th e first $50.00 
of the questioned amount, even if your bill was cor rect. 
Special Rule for Credit Card Purchases.   If you ha ve a problem 
with the quality of property or services that you p urchased with a 
credit card, and you have tried in good faith to co rrect the 
problem with the merchant, you may have the right n ot to pay the 
remaining amount due on the property or services.  There are two 
limitations on this right:  (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 (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. 
 
22.   Copy received.   You acknowledge receipt of a copy of this 
Agreement.  
 
23 . Shares Secured . If this is a share secured VISA account, all 
amounts in any accounts at the Credit Union are ple dged and 
assigned as security for any amounts owed. A specif ic amount 
may be held as security and cannot be withdrawn. In  the event of 
default, the Credit Union may apply any amounts in any accounts 
you are associated with, without notice or legal pr ocess to the 
entire unpaid account balance, costs, fees and othe r amounts due.