Rev. 7/1/22  
1  
  
 CREDIT  CARD AGREEMENT  AND DISCLOSURE  STATEMENT  
FOR  YOUR  GECU  EMPOWERMENT  CREDIT CARD  
 
Disclosure  to GECU  Empowerment  Credit  Card  Agreement and  Disclosure  Statements  
 
Disclosure of variable rates and fees are accurate and based on the Prime Rate of 4.75% in effect               
as of July 1, 2022 and may have changed. To receive the most recent information, contact GECU  
at 1-800-772-4328.  
 
Interest  Rates  and Interest  Charges  
Annual  Percentage  Rate 
(APR) for Purchases,  
Balance Transfers, and  
Convenience  Checks  1.90% introductory APR is effective upon the opening of your account if  
you are approved for a GECU Empowerment credit card and your credit  
score is 610 and above. APR is fixed for the first 6 statement billing cycles  
following  the opening  of the account  for all purchases,  balance  transfers,  and 
convenience checks. After that the variable Standard Rate purchases,  
balance transfers, and convenience checks will apply. The Introductory Rate  
may end sooner  if your payment  is late. See  explanation  below.  
 
After that, your  APR will be 9.40%, 10.75%, 12.15%, 
16.40% or 17.90%  as of 7-1-22, depending  on your 
creditworthiness1 
This APR will  vary on the  market  based  on the Prime  Rate.2 
APR for Cash  Advances  1.90%  introductory  APR is effective  upon  the opening  of your account  if 
you are approved for a GECU Empowerment credit card and your credit  
score is 610 and above. APR is fixed for the first 6 statement billing cycles  
following the opening of the account for all cash advances. After that the  
variable Standard Rate for purchases, balance transfers, and convenience  
checks will apply to the remaining balance. The variable APR for Cash  
Advances will apply to cash adv ances conducted after the expiration of the  
Introductory  Rate.  The Introductory  Rate may end sooner  if your payment  is 
late. See explanation  below.  
 
2% above  your  APR for Purchases,  not to exceed  17.90%.  
The APR will vary on the market  based  on the Prime  Rate.2 
Penalty  APR and When  it 
Applies  None  
Paying  Interest  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  balance  by 
the due date each  month.  We will begin  charging  interest  on cash advances,  
balance  transfers,  and convenience  checks  on the transaction date.  
How to Avoid Paying  
Interest  on Purchases  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  balance  by 
the due date each  month.  
Minimum  Interest  Charge  None  
For Credit Card  Tips from  
the Consumer  Financial  
Protection  Bureau  To learn  more about  factors  to consider  when  applying  for or using  a 
credit  card,  visit the website  of the Consumer  Financial  Protection  
Bureau  at http://www.consumerfinance.gov/learnmore  
 
Fees  and Charges  
Annual  Fee None  
Transaction  Fees   
� Balance  Transfer  None  
� Foreign  Transaction  1% of transaction        Rev. 7/1/22  
2  
  
 Penalty  Fees   
� Late Payment  If payment  is 10 days  or more  past due, you will be charged up  to $25. 
� Over-the-Limit  None  
� Returned  Payment  Up to $25 
How We Will Calculate your Balance: We will use a method called �average daily balance (including  
purchases)�.  See your account  agreement  for more  details.  
 
Military Lending Act Disclosures: Federal law provides important protections to members of the Armed  
Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer  credit 
to a member of the Armed Forces and his or her dependent may not exceed an annual percentage  rate (APR) 
of 36%. This rate must include, as applicable to the credit transaction or account: The costs  associated with 
credit insurance premiums; fees for ancillary products sold in connection with the credit  transaction; any 
application fee charged (other than certain application fees for specified credit transactions  or accounts); and 
any participation fee charged (other t han certain participation fees for a credit card  account).  Please  call us 
at (844)  351-4328  to receive  disclosures orally.  
 
Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided 
in your account  agreement.  
 
Loss of Introductory APR: If the account is closed for any reason (including closure based on default of  
another GECU account), any introductory APR (the �Introductory APR�) then in effect is forfeited and the  
APR that will be  applied to  the outstanding  balance  will be  the Standard  Rate.  
 
1 The Periodic  Rate (DPR)  for the APRs  listed in  the table above are  as follows:  
 
Standard  Rate DPR Cash  Advance  Rate DPR 
       9.40% APR (.02575% DPR)  11.40% APR (.03123% DPR)  
       10.75%  APR (.02945% DPR)  12.75% APR  (.03493% DPR)  
       12.15% APR (.03329% DPR)  14.15% APR (.03877% DPR)  
       16.40% APR (.04493% DPR)  17.90% APR (.04904%DPR)  
        17.90% APR (.04904% DPR)  17.90% APR (.04904% DPR)  
     17.90% APR (.04904% DPR)  17.90% APR (.04904% DPR)  
 
2 The Standard Rate Annual Percentage Rate (APR) may vary quarterly. The APR is a variable rate  
determined quarterly by adding a margin of 4.65% to 14.40%, not to exceed 17.90% APR, (depending on  our 
review  of your application  and credit  history)  to the Prime  Rate (Index)  which  is published  in the �Money  Rates� 
column of The Wall Street Journal on the last business day of each calendar quarter. The Index will  be applied  
the first day of your billing  cycle  that ends in the calendar  month  following  each quarter  end. Your account shall  
generally be reviewed every 12 to 24 months to determine the appropriate margin and credit  score range, 
and as otherwise required by law. Changes to your APR will be applied upon notification in  accordance with  
applicable  laws and  regulations.  
 
Notice: Re ad and retain this copy of your Agreement and Truth -in-Lending Disclosure for  
future  reference.  
 
TERMS  USED  IN THIS  AGREEMENT:  This Agreement  and Disclosure  Statement  (�Agreement�)  
cover  your GECU  Empowerment  credit  card (�Account�)  with us. In this Agreement, the word �you� 
and �your� means any person who signs the GECU Empowerment  credit card Application 
(�Application�) or any person who uses the Card(s). �We,� �our,� and �us�  means GECU, primary 
address located at 1225 Airway Drive, El Paso, TX 799 25. The �Card�  means any credit card issued 
to you or those designated by you under the terms of this  Agreement.  �Use of the Card�  means  any 
procedure  used  by you, or someone  authorized  by you, to make a purchase or an advance whether 
or not the purchase o r advance is evidenced by a  signed  written  document.  �Unauthorized  use� 
means  the use of your Card  by a person,  other  than you, who does  not have  actual,  implied  or 
apparent  authority  for such  use, and from which you receive no benefit. In this Agreement, any       Rev. 7/1/22  
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 plural terms shall be deemed singular and any singular terms shall be deemed plural when contex t 
and construction so require.  
 
EXTENSION  OF CREDIT:  If your application  is approved,  we may,  at our discretion,  establish  an 
Account in your name and cause one or more Cards to be issued to you or those designated by  
you. In such  event,  you authorize  us to pay for your Account,  all items  reflecting  credit  purchases,  
balance transfers, convenience checks,  and cash advances obtained through use of the Card.  
Being  a member  of GECU  is necessary  to obtain  and maintain  use of  the Card.  
 
NOTE: You must qualify for a minimum credit line of $2,000 to receive GECU Empowerment credit  
card benefits. For a complete description of benefits, please refer to the summary of benefits  
provided  with your  new card.  
 
JOINT  APPLICANT  LIABILITY: If this Agreement  is executed  by more  than one person,  each  of 
you shall be jointly and individually liable to us for all charges made  to the Account, including  
applicable fees. In addition, you agree that each of you designates the other as agent for the  
purpose  of making  purchases  extended  under  this Agreement  and each  use of your Account  shall be 
an extension of credit to all. Notice to one of you shall constitute notice to all. Any joint  cardholder 
may remove him/herself from responsibility for future purchases at any time by  notifying  us in 
writing.  However,  removal  from the Account  does  not release  you from any liability  already  incurred.  
 
CONVENIENCE CHECKS : We may, at our discretion, issue checks to you. By signing such  checks, 
you authorize us to pay the item for the amount indicated and post such amount as a  cash advance  
to your Account. We do not  have  to pay any item  which  would  cause  the outstanding  balance  in 
your Account  to exceed  your credit  limit. We may reject  and return  unpaid  any Convenience Check 
you write for any reason. Checks used to access your account may not  be accepted if made to cash, 
you, or if presented in a fo rmat other than the checks we issue.  Convenience  checks  may not be 
used  to pay  off existing  debt at GECU.  
 
OTHERS  USING  YOUR  ACCOUNT:  If you allow  anyone  else to use your Card,  you will be liable  for 
all credit extended to such persons. You promise to pay for all purchases, balance transfers,  
convenience  checks,  and cash  advances  made  by anyone  whom  you authorize  to use your Card,  
whether or not you notify us that he or she will be using it. If someone else is authorized to use  your 
card and you want to end  that person�s privilege, you must notify us in writing and, if he or  she has 
a Card,  you must  return  the Card  with your written  notice  for it to be effective.  
 
CREDIT LIMITS: You promise that payments we make for your Account(s) resulting from use of  
the Card will, at no time, cause the outstanding balance of your Account to exceed your credit  limit 
as established by  us or as adjusted  from time to time at our discretion.  
 
TRANSACTION LIMITS: The maximum balance permitted for all cash advance transactions i s 50 
percent of your credit limit, subject to the terms and limitations outlined herein. Balance  transfers  
between the  GECU credit  card programs  are not permitted.  
 
PROMISE TO PAY: You promise to pay us in U.S. dollars for (a) all purchases, cash advances,  
balance transfers, and convenience checks made by you or anyone whom you authorize to use  the 
Card  or Account;  (b) FINANCE  CHARGES  and other  charges  or fees;  (c) collection  costs  and 
attorneys�  fees as permitted  by applicable  law and any costs  incurred  in the recovery  of the Card;  
and (d) credit  in excess  of your credit  limit that we may extend  to you. At the end of each  monthly  
billing  cycle  for which  you have  a balance on  your Account,  you will be furnished with  a periodic  
statement  showing  (i) the �Previous  Balance�  (the outstanding  balance  in the Account  at the 
beginning of the billing cycle), (ii) the amount of all cash advances, purchases, balance  transfers,  
convenience  checks,  over-the-limit fees,  late charges,  annual  fees,  FINANCE  CHARGES and other 
charges or fees posted to your Account during the billing cycle, (iii) the  amount of all payments and       Rev. 7/1/22  
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 credits posted to your Account during the billing cycle and (iv) the  �New  Balance�  which is  the sum  
of (i) and (ii) minus  (iii). 
 
You agree to pay f or your Account on or before the Payment Due Date shown on the monthly  
periodic statement either the entire New Balance or a Minimum Payment equal to any amount,  
which is at least 2% of the New Balance or $25.00 whichever is greater, plus any amount in  excess 
of the credit limit established by us and any past due minimum payments. If the New  Balance is 
$25.00 or less, you agree to pay it in full. You may make extra payments in advance  of the due date 
without a penalty and you may repay any funds advanced, c redit extended or  amount  outstanding  
at any time without  a penalty  for early  payment.  Regardless  of the amount  of any extra  payment  
during  a given  month,  a monthly  payment  will be required  the following  month  if a balance  remains 
in your Account.  
 
COST OF CREDIT: You will pay a FINANCE CHARGE for all advances made against your  
Account. FINANCE CHARGES for cash advances, balance transfers, and convenience checks  
begin to accrue on the date of the advance. New purchases will not incur a FINANCE CHARGE  on 
the date they are posted to your Account if you have paid the Account in full by the Payment  Due 
Date shown on your previous monthly statement or if there was no previous balance. Cash  
Advances  incur  a FINANCE CHARGE  from the date they are posted  to your Account.  
 
No additional  FINANCE  CHARGES  will be imposed  on new purchases  shown  on your statement  if 
the New Balance shown on the statement is paid in full by the Payment Due Date reflected on  the 
statement.  For purchases  made  with your Card,  there  is at least  a 25-day grace  period  within  which  
the New Balance  may be paid without  incurring  a FINANCE  CHARGE.  
 
The Periodic Rate portion of the FINANCE CHARGE is figured by applying the periodic rate to  the 
�Balance Subject to FINANCE CHARGE � which is the �Ave rage Daily Balance� of your  Account, 
including current transactions. The Average Daily Balance is arrived at by taking the  beginning  
balance  of your Account  each  day, adding  new cash  advances,  balance  transfers,  and convenience  
checks,  and unless  you pay your entire  Account  Balance  in full by the Payment  Due Date show n on 
your previous monthly statement or there is no previous balance, adding in new  purchases,  and 
subtracting  any payments  or credits  and unpaid  FINANCE  CHARGES.  This gives  us the daily 
balance. The daily balances for the billing cycle are then added together and divided  by the number  
of days  in the billing  cycle.  The result  is the �Average  Daily  Balance.�  The Periodic  Rate portion of 
the FINANCE CHARGE is determined by multiplying the Av erage Daily Balance  by the number  of 
days  in the billing  cycle  and applying  the respective  periodic  rate to the product.  If your periodic  rate 
is computed  based  on an  Index,  your periodic rate(s)  may vary.  
 
If your Account features an Introductory Rate, you will pay an Introductory Rate FINANCE  
CHARGE for purchases made at the periodic rate and corresponding ANNUAL PERCENTAGE  
RATE (APR) and for the time period set forth. Thereafter, the ANNUAL PERCENTAGE RATE  may 
vary quarterly. The APR (other than the Introductory APR) is a variable rate determined  quarterly  
by adding  a margin  of 4.65%  to 14.40%,  not to exceed  17.90%  APR,  (depending  on our review of  
your application  and creditworthiness)  to the  Prime  Rate (Index).  This Index as  published in the 
�Money Rates� column of The Wall Street Journal on the last business day of  each calendar quarter. 
If the last business day of a calendar quarter falls on a weekend or a  holiday,  then the Index  
published on  the prece ding business day  for that month  will be used.  
 
The Index will be applied the first day of your billing cycle that ends in the calendar month  following 
each  quarter  end. Your  account  shall generally  be reviewed  every  12 to 24 months  to determine  the 
appropriate  margin  and credit  score  range, and  as otherwise  required  by law. 
Changes to your ANNUAL PERCENTAGE RATE will be applied upon notification in  
accordance  with applicable laws  and regulations.        Rev. 7/1/22  
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The ANNUAL  PERCENTAGE  RATE  for purchases,  cash  advances,  balance  transfers,  or 
convenience  checks  in any given  billing  cycle,  except  for any Introductory  Rate  period,  will be the 
Index plus the margin as set forth in the Additional Disclosure. The ANNUAL PERCENTAGE  
RATES  for purchases,  balance  transfers,  and convenience  checks  are referred  to as the Standard  
Rate. The daily periodic rate and corresponding ANNUAL PERCENTAGE RATE for purchases,  
cash advances,  balance transfers, and convenience checks are set forth in the Additional  
Disclosure.  
 
For all, purchases, cash advances, balance transfers, and convenience checks, the Standard  Rate 
ANNUAL PERCENTAGE RATE will never be greater than 17.90% with a corresponding  Standard  
Rate Daily  Periodic  Rate  of .04904%.  
 
Please note that the terms of your account, including any of the ANNUAL PERCENTAGE  RATES , 
are subject to change. Future changes to the ANNUAL PERCENTAGE RATES will be  in 
accordance  with the Agreement  and Disclosure  Statement  for your account.  
 
PENALTY  APR:  No Penalty  APR.  
 
LIABILITY FOR UNAUTHORIZED USE: Under MasterCard�s� zero liability policy, you will not  be 
liable  for an unauthorized  transaction,  as long as you exercised  reasonable  care in safeguarding 
the card from risk of loss or theft, and upon becoming aware, prompt ly notify our  designee orally or 
in writing of the loss, theft, or possible unauthorized use at Card Services,  Dispute  Processing,  P.O. 
Box 10409,  Des Moines,  IA 50306,  Telephone  Number  1.800.810.2252.  In any case, your maximum 
liability for unauthorized use of the Card will not exceed $50.00 and  you will not be liable for any 
unauthorized use that occurs after you notify our designee of the  address or  telephone number  
above.  
 
SKIP  PAYMENT  OPTION:  We may designate  a billing period  in which  you will have  an option  to 
skip a payment  or pay less than the Minimum  Payment  Due.  If you exercise  this option,  FINANCE  
CHARGES will accrue based on your �Average Daily Balance� as described in the GECU  
Empowerment  Credit  Card Agreement  and Disclosure  Statement.  
 
CREDITING OF PAYMENTS: Payments made on your Account at the address designated for  
payment on the monthly periodic statement or in -person payments at a branch made prior to the  
close of business will be credited on the date of receipt. If the date of recei pt is not a business  day, 
your payment will be credited on the first business day following receipt. Payments on your  Account  
will be applied  first to collection  costs,  then to any FINANCE  CHARGE  and to other  fees due, and 
then to the unpaid  principal  balance  as required  by law. We reserve  the right to withhold  credit 
availability on any payment. Interest paid or agreed to be paid shall not exceed the  maximum  
amount  of interest  permissible  under  applicable  law, and in any contingency  whatsoever, if we shall 
receive anything of value deemed interest under applicable law which  would exceed the maximum 
amount of interest permissible under applicable law, the excessive  interest  shall be applied  to the 
reduction of  the unpaid  principal  amount  or refunded  to you.       Rev. 7/1/22  
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 ATM TRANSACTIONS: When you conduct a transaction at an ATM, you may be charged a  
fee by the ATM operator or any network used to complete the transfer, which may include  
GECU  owned ATMs.  
 
LATE PAYMENT FEE: If a payment is 10 days or more past due, you will be charged a Late  
Payment  Fee up to $25. If your minimum  payment  is less than $25, the Late Payment  Fee will be 
equal  to your  minimum  payment.*  
 
ANNUAL  FEE:  No Annual  Fee. 
 
OVER -THE-LIMIT  FEE:  No Over -the-Limit Fee.  
 
RETURNED PAYMENT FEE: We will charge you a Returned Payment Fee up to $25 if any  
payment you send us is returned unpaid for any reason. We will charge you this fee each time  any 
payment  is returned  unpaid,  even  if it is paid upon  resubmission.  If your minimum  payment  is less 
than $25, the Returned  Payment  Fee will be  equal to  your minimum  payment.*  
 
*MULTIPLE  FEES:  In the event  that the Late Payment  Fee and the Returned  Payment  Fee apply  
concurrently,  we will not  charge  you more  than one fee for a single  event.  
 
OTHER  FEES:  
Convenience  Check  Fee ................................ ........ $4.00  
Duplicate  Statement  Fee ................................ ......... $5.00  
Expedited  Card  Fee�  ................................ .........  $29.50  
Balance  Transfer  Stop Payment  Fee .....................  $25.00  
Telephone  Operator  Assistance  Fee 
(for expedited  service) ................................ .....$5.00  
 
SECURITY:  YOU  GRANT  THE CREDIT  UNION  A SECURITY  INTEREST  UNDER  THE 
UNIFORM COMMERCIAL CODE AND UNDER ANY COMMON LAW RIGHTS THE CREDIT  
UNION MAY HAVE IN ANY GOODS YOU PURCHASE. YOU SPECIFICALLY GRANT US A  
SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAV E WITH US  
NOW AND IN THE FUTURE TO SECURE REPAYMENT OF CREDIT EXTENSIONS MADE  
UNDER  THIS  AGREEMENT.  THE GRANTING  OF THIS  SECURITY  INTEREST  IS A 
CONDITION FOR THE ISSUANCE OF ANY CARD WHICH YOU MAY USE, DIRECTLY OR  
INDIRECTLY, TO OBTAIN EXTENSIONS OF CREDIT  UNDER THIS AGREEMENT. SHARES  
AND DEPOSITS  IN AN INDIVIDUAL  RETIREMENT  ACCOUNT  (IRA)  OR ANY OTHER  
ACCOUNT THAT WOULD LOSE SPECIAL TAX TREATMENT UNDER STATE OR FEDERAL  
LAW  IF GIVEN  AS SECURITY  ARE NOT SUBJECT  TO THE SECURITY  INTEREST  YOU  ARE 
GIVING.  COLLATERAL  SECURING  OTHER  LOANS  WITH  US MAY  ALSO  SECURE  
PAYMENTS FOR YOUR ACCOUNT UNDER THIS AGREEMENT. YOU MAY WITHDRAW  
THESE OTHER SHARES UNLESS YOU ARE IN DEFAULT. WHEN YOU ARE IN DEFAULT,  
YOU  AUTHORIZE  US TO APPLY  THE BALANCE  IN THESE  ACCOUNTS  TO ANY AMOUNTS  
DUE. FOR EXAMPLE, IF YOU HAVE AN UNPAID CREDIT CARD BALANCE, YOU AGREE  
WE MAY USE FUNDS IN YOUR ACCOUNT(S) TO PAY ANY OR ALL OF THE UNPAID  
BALANCE. YOU ACKNOWLEDGE AND AGREE THAT YOUR PLEDGE DOES NOT APPLY  
DURING  ANY PERIODS  WHEN  YOU  ARE A COVERED  BORROWER  UNDER  THE MILITARY  
LENDING ACT. FOR CLARITY, YOU WILL NOT BE DEEMED A COVERED BORROWER,  
AND YOUR  PLEDGE  WILL  APPLY,  IF: (I) YOU  ESTABLISHED  YOUR  CREDIT  CARD  
ACCOUNT WHEN YOU WERE NOT A COVERED BORROWER; OR (II) YOU CEASE TO BE  
A COVERED  BORROWER.        Rev. 7/1/22  
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DEFAULT:  You will be in default:  (1) if you fail to make  any payment  on time;  (2) if you fail to keep  
any promises  you have  made  under  this or any other  agreement  with us; (3) if you are the subject  of 
an order of relief under Title 11 of the U.S. Code (Bankruptcy); (4) if anyone tries, by legal  process,  
to take any of your money  maintained  with us; (5) if you have  given  us false  or inaccurate  information  
in obtaining  your Card;  or (6) if we reasonably  believe  that you are unable  or unwilling  to repay  your 
obligations  to us. 
 
ACCELERATION: If you are in default, without notice to you, we may accelerate your debt and  call 
any amounts you owe immediately due and payable, plus FINANCE CHARGES which shall  
continue  to accrue  until the entire  amount  is paid.  If you default  on your Account  you authorize  us to 
transfer the balance of your Account to another linked account of yours. You expressly waive  any 
right to notice  of our intention  to accelerate  and notice  that your debt  has been  accelerated.  
 
TERMINATION AND CHANGES: You may terminate this Agreement, by written notice, as to  future  
advances  at any time.  We can terminate  this Agreement  at any time subject  to such  notice  as may 
be required by applicable law. Termination by either party shall not affect your obligation  to repay  
any payments  made  for your Account  resulting  from use of the Card  as well as FINANCE  CHARGES 
and other related charges. We may change the terms of this Agreement, including  the periodic  rate, 
at any time subject  to such  notice  as may be required  by applicable law.  
 
CLOSING  AN ACCOUNT  AND CONTINUATION  OF CERTAIN  TERMS  OF THIS  
AGREEMENT:  We may close  or suspend  your Account  at any time without  prior notice.  You may 
also close your Account by notifying us. Once your account is closed, (A) you may not make any  
new transactions, and you must destroy all Cards and Convenience Checks; and (B) you must  
repay  any outstanding  balance  pursuant  to the Terms  of this Agreement.  Closing  the Account  will 
not prevent  transactions  from being  added  to the Account  and you will remain  liable  for all unpaid  
balances  including transactions  made or processed after  the date the Account is  closed.  
 
NOTIFICATION  ADDRESS  FOR  INFORMATION  REPORTED  TO CONSUMER  REPORTING  
AGENCIES: We may report the status and payment history of your Account to credit reporting  
agencies each month. If you believe that the information we have reported is inaccurate or  
incomplete, please notify us in  writing at our primary address shown in the Terms of this  Agreement 
section of this Agreement. Please include your name, address, home telephone  number  and 
Account  number.  
 
CREDIT INVESTIGATION: In conjunction with your application for credit and, if appr oved,  
maintenance of your Account, you agree that we have the right to investigate your credit and  
employment history, to verify your credit references, to request and use credit reports, and to  report  
the way  you pay  your Account  to credit  bureaus  and oth er interested parties.  
 
ILLEGAL TRANSACTIONS: You may not use your Card for any illegal transaction. You agree  that 
we may decline to process any transaction that we believe in good faith to be for an illegal  purpose.  
You agree  that we will not be liable  for declining  to process any  such transaction.  If we UNLESS OTHERWISE PROHIBITED BY FEDERAL AND/OR STATE LAW, COLLATERAL  
SECURING OTHER LOANS YOU HAVE WITH THE CREDIT UNION MAY ALSO SECURE  
THIS LOAN, EXCEPT THAT A DWELLING WILL NEVER BE CONSIDERED AS SECURITY  
FOR  THIS  ACCOUNT,  NOTWITHSTANDING  ANYTHING  TO THE CONTRARY  IN ANY OTHER  
AGREEMENT.        Rev. 7/1/22  
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 do process any transaction that ultimately is determined to have been for an illegal purpose, you  
agree  that you will remain  liable  to us under  this agreement  for any such  transaction  notwi thstanding  
its illegal  nature.  You agree  that any illegal  use of the Card  will be deemed  an act of default under 
this Agreement. YOU FURTHER AGREE TO WAIVE ANY RIGHT TO TAKE  LEGAL  ACTION  
AGAINST  GECU  FOR  YOUR  ILLEGAL  USE OF THE CARD  AND TO INDEMNIFY AND HOLD 
GECU AND MASTERCARD� INTERNATIONAL, INCORPORATED  HARMLESS FROM AND 
AGAINST ANY LAWSUIT, OTHER LEGAL ACTION OR LIABILITY  THAT  RESULTS  DIRECTLY  
OR INDIRECTLY  FROM  SUCH  ILLEGAL  USE.  
 
FOREIGN CURRENCY CONVERSION: If you effect a transaction with your MasterCard card in  a 
currency other than U.S. dollars, MasterCard International will convert the charge into a U.S.  dollar 
amount. MasterCard International will use its currency -conversion procedure, which is  disclosed  to 
institutions  that issue  MasterCard  cards.  Currently  the currency -conversion  rate used  by MasterCard  
International  to determine  the transaction  amount  in U.S. dollars  for such  transactions is generally 
either a government -mandated rate or a wholesale rate determined by  MasterCard  Internatio nal for 
the processing  cycle  in which  the transaction  is processed,  increased  by an adjustment  factor  
established  from time to time by MasterCard  International.  The currency - conversion  rate used  by 
MasterCard  International  on the processing  date may differ  from the rate that would  have  been  used 
on the purchase  date or cardholder  statement  posting  date.  You agree  that you will not cause or allow 
the Card to be used in any manner or for any transaction that we  believe poses an undue risk or 
illegality and we may refuse to authorize any such use or  transaction.  You agree  that any illegal  use 
of the Card  will be deemed  an act of default  under  this Agreement.  
 
Foreign  Transaction  Fee: Foreign  transaction  fees may apply  for three  types of  transactions:  
1. Card  purchases  you make  or that are processed  outside  the U.S.;  
2. ATM cash withdrawals made or  processed in  foreign  countries and  foreign  currencies;  or 
3. Online  purchases  from a non-U.S. retailer  that uses  an overseas  bank  to process   
transactions;  
 
GECU  assess  a fee as set  forth in the Fees  and Charges  section above.  
 
ADDITIONAL PROVISIONS: Each provision of this Agreement must be considered part of the  total 
Agreement and cannot in any way be severed from it. However, if any provision of this  Agreement  
is finally  determined  to be void or unenforceable  under  any law, rule, or regulation,  all other 
provisions of this Agreement will remain valid and enforceable. You understand that this  Agreement 
is performable in the country and state of the aforementioned cr edit union in this  Agreement, and 
the validity, construction, and enforcement of this Agreement shall be governed  by applicable 
federal law and the laws of the state in which the aforementioned credit union is  primarily located. 
We do not warrant any merch andise or services purchased by you with the  Card. All purchases 
and cash advances are extended at the option of the merchant or cash  advancing financial 
institution and we are not responsible for the refusal of any merchant or  financial  institution  to honor 
your Card.  The Card  remains  our property  at all times  and you agree  to immediately surrender the 
Card upon demand. You agree to pay all reasonable costs of  collection,  including  court  costs  and 
attorney�s  fees,  and any costs  incurred  in the recovery  of the Card. We can accept late payments or 
partial payments, or check or money orders marked  �payment  in full� without  losing  any of our rights  
under  the Agreement.  We can also delay  enforcing  any of our rights  under  this Agreement  without  
losing  them.  You expressly  waive  presentment  for payment, demand, protest, and notice of protest 
and dishonor of same. You agree to give us  prompt notice of any change in your name, mailing 
address, telephone number or place of  employment.  
        Rev. 7/1/22  
9  
  
 RECEIPT  OF AND AGREEMENT  TO TERMS  AND CONDITIONS  OF AGREEMENT:  
By using the Card, you agree to all the terms and conditions and promise to perform all the  
obligations, requirements, and duties contained in this Agreement, and you acknowledge receipt  of 
a copy  of this Agreement.  
 
GECU , 1225  Airway,  El Paso,  TX 79925  issues  your credit  card under  this Agreement.  
 
WHAT  TO DO IF  THERE  IS AN  ERROR  ON YOUR  STATEMENT  
 
NOTICE OF 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  Statement.  
If you think your statement is wrong or if you need more information about a transaction on your  
statement, write us on a separate sheet at the address listed on your statement. Write to us as  soon 
as possible. We must hear from you no later than 60 days after we sent you the first  statement on 
which the error or problem appeared. You can telephone us, but doing so will not  preserve  your 
rights.  
 
In your letter, provide us with the following information: (a) your name and account number; (b)  the 
dollar  amount  of the suspected  error;  (c) a description  of 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.  
 
If you have authorized us to pay your credit card bill automatically from your GECU checking  
account,  you can stop the payment  on any amount  you think  is wrong.  To stop the payment,  your 
letter  must reach  us three  (3) 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 statement 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 yo u 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 statement that 
are not in question. If we find that we made a mistake on your statement,  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 statement. 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 $50.00 of the questioned amount, even if  
your statement  was correct.  
 
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 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:       Rev. 7/1/22  
10  
  
 (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  mailed  you the 
advertisement  for the property  or services.  
 
GECU MEMBER SERVICE: Call 1.800.810.2252, 24 hours a day, seven days a week. (Please  
have  account  information available).  
 
California residents : App licants: 1) may, after credit approval, use the credit card account up to  its 
credit limit; 2) may be liable for amounts extended under the plan to any joint applicant. As  required 
by law, you are hereby notified that a negative credit report reflecting on  your credit  record may be 
submitted to a credit reporting agency if you fail to fulfill the terms of your credit  obligations.  
 
Florida  Residents : You (borrower)  agree  that,  should  We obtain  a judgment  against  You,  a 
portion  of Your disposable earnings may  be attached or garnished (paid to Us by Your 
employer), as  provided  by Florida and Federal  law. 
 
Maryland Residents: To the extent, if any, that Maryland law applies to Your Account, We elect  to 
offer Your  Card  Account  pursuant  to Title 12, Subtitle  9 of the Maryland  Commercial  Law Article.  
 
Missouri Residents: Oral Agreements or commitments to loan money, extend credit or to 
forbear  from enforcing repayment of a debt including promises to extend or renew such debt 
are not  enforceable.  To protect  You (borrower(s))  and Us (creditor)  from  misunderstanding  
or disappointment, any Agreements We reach covering such matters are contained in this 
writing,  which  is the complete  and exclusive  statement  of the Agreement  between  Us, except  
as We may later  agree in  writing to  modify  it. 
 
Nebraska Residents : A credit agreement must be in writing to be enforceable under Nebraska  law . 
To protect you and us from any misunderstandings or disappointments, any contract,  promise, 
undertaking, or offer to forebear repayment of money or to make any other financial  accommodation 
in connection with this loan of money or grant or extension of credit, or any  amendment of, 
cancellation of, waiver of, or substitution for any or all of the terms or provisions  of any instrument 
or doc ument executed in connection with this loan of money or grant or  extension  of credit,  must  
be in writing to  be effective.  
 
New York Residents : New York residents may contact the New York State Department of  Financial 
Services to obtain a comparative listin g of credit card rates, fees, and grace periods.  New York 
State  Department  of Financial  Services: 1 -800-342-3736  or www.dfs.ny.gov.  
 
New York and Vermont residents : At any time, we may obtain your credit reports, for any  legitimate 
purpose associated with the account or the application or request for an account,  including but not 
limited to reviewing, modifying, renewing and collecting on your account. On  your request, you will 
be informed if such a report was orde red. If so, you will be given the name  and address  of the 
consumer  reporting  agency  furnishing the  report.  
 
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. 
 
South  Dakota  Residents : If You  believe  there  have  been  any improprieties  in making  this loan or in 
the lender�s  loan practices.  You may contact  the South  Dakota  Division of  Banking  at 1601  N. 
Harrison  Ave, Suite  1, Pierre,  SD 57501,  or by phone  at 605.773.3421.        Rev. 7/1/22  
11  
  
  
Utah  Borrowers:  This written  Agreement  is a final expression  of the Agreement  between  You and 
the Credit Union. This written Agreement may not be contradicted by evidence of any oral  
Agreement. As required by law, You hereby notified that a negative credit report reflecting on  Your 
credit record may be submitted to a credi t reporting agency if You fail to fulfill the terms of  Your 
credit  obligations.  
 
Married  Wisconsin  residents:  No provision  of any marital  property  agreement,  unilateral  statement  
under  Section  766.59,  or court  decree  under  Section  766.70  will adversely  affect  the rights  of the 
Credit Union unless the Credit Union is furnished a copy of the agreement, statement or decree,  or 
has actual  knowledge  of its terms,  before  the credit  is granted  or the account is  opened.  
 
Please sign if you are not applying for this account or loan with your spouse. The credit being  
applied  for, if granted,  will be incurred  in the interest  of the marriage  or family  of the undersigned.  
 
THE FOLLOWING IS REQUIRED BY VERMONT LAW � NOTICE TO CO -SIGNER � YOUR  
SIGNATURE  ON THIS  NOTE  MEANS THAT  YOU  ARE EQUALLY  LIABLE  FOR  REPAYMENT  
OF THIS LOAN. IF THE BORROWER DOES NOT PAY, THE LENDER HAS A LEGAL RIGHT  TO 
COLLECT  FROM  YOU.