Credit Card Agreement and Disclosure 

This  Agreement  and  Disclosure  sets  forth  the  terms  and  conditions  of  the  Logix  Federal  Credit  Union  Platinum  Classic,  Platinum  and 
Platinum  Rewards  Credit  Cards  and  contains  important  information  and  disclosures  as  required  by  law.  All  terms  and  conditions  in  this 
Agreement and Disclosure apply to the Logix Platinum Classic, Platinum and Platinum Rewards Credit Cards unless otherwise identified.  
Please Read it Carefully and Retain this Agreement and Disclosure. 

In this Agreement and Disclosure, the words "you", "your" and "yours" mean each and all of those who apply for, sign, or use the Credit 
Card. The words "we", "us”, "our", and “Logix” each mean Logix Federal Credit Union. “Credit Card” and "Card" mean the Platinum Classic, 
Platinum and Platinum Rewards Credit Card issued to you and any duplicates and renewals we may issue. Rewards means the Platinum 
Rewards Credit Card. "Account" means your Credit Card Account with Logix unless otherwise stated. By accepting and/or using the Credit 
Card, or by your authorizing anyone else to use the Credit Card, you agree to be bound by the terms and conditions of this Agreement and 
Disclosure. Additional Rewards information is available at www.lfcu.com or call (800) 328-5328. 

All terms and conditions in this Agreement and Disclosure including any application that you provided (including any application you made 
over the telephone or the Internet) apply to your Account. 

NOTICE: THIS DOCUMENT CONTAINS PROVISIONS FOR A VARIABLE ANNUAL PERCENTAGE (INTEREST) RATE.  

SIGN YOUR CARD: Immediately sign the signature panel on the back of your Card upon receipt. The Card must be signed in order to be 
valid. 

CHANGE OF TERMS:  Account and agreement terms are not guaranteed for any period of time.  You understand and agree that we may 
amend, modify, add to, or delete from this Agreement and Disclosure any of its terms and conditions, including financial terms such as the 
method of application and the amount of any interest charge, transaction fee, or other finance charge, Annual Percentage Rate, periodic rate 
and/or fee in accordance with applicable laws.  If required by applicable law, a notice of the change will be mailed to you at your last known 
address or delivered electronically via Online Banking when you electronically agree to receive electronic notices and statements from Logix. 
You also understand that in the event of a significant change in account terms, as defined under the Federal Truth-in-Lending Act, any such 
notice will be mailed or electronically delivered (if applicable), at least forty-five (45) days prior to the effective date of the significant change 
in account terms as required by applicable law.  If we are required by applicable law to provide you a right to reject significant changes to this 
Agreement and Disclosure prior to the effective date of such changes, we will provide you with an explanation of how to reject the significant 
changes, unless you fail to make a required minimum payment within sixty (60) days after its due date.  We may change the terms of this 
Agreement and Disclosure based on information in your credit report, market conditions, and business strategy or for any other reason. A 
Notice of Change-In-Terms when required, but may be sent as late as the effective date of the change where the change has been agreed to 
in writing by you. 

CREDIT LIMIT: We will establish a Credit Limit for you as the maximum principal amount of credit available to you under this Agreement. 
You agree not to request or obtain purchases, balance transfers, or cash loan advances above your Credit Limit at any time. To do so is an 
event of default, subject to remedies stated below. You will pay any amounts which exceed the maximum Credit Limit upon demand. We will 
advise you of your Credit Limit in writing and it will become part of this Agreement by this reference. You understand that your Credit Limit 
can be increased and decreased by us at any time; however, we will notify you, in writing, of any change. 

USING THE CARD: To make a purchase or obtain a cash loan advance: (1) Present the Card to a participating Plan Merchant, to us, or to 
another financial institution, and sign the sales slip or cash advance draft which will be imprinted with your Card Number; (2) Obtain a cash 
loan advance by using your Card and Personal Identification Number (PIN) at a participating ATM; (3) Swipe your Card and select “Credit” at 
electronic  terminals  that  provide  access  to  the  credit  card  system;  or,  (4)  Use  of  your  credit  card  Convenience  Checks  which  may  be 
provided to you by Logix.   

You may not use the Card for any illegal or unlawful transaction, and we may decline to authorize any transaction that we believe poses an 
undue risk of illegality or unlawfulness. We are not responsible for the refusal of any plan merchant or financial institution to honor your card.  

ATM ACCESS FOR CASH ADVANCES AND ATM CASH ADVANCE LIMITS: Your Card and Personal Identification Number (PIN) can be 
used  to  obtain  cash  loan  advances  from  your  Account  at  Logix  ATMs  and  at  other  ATMs  that  allow  PIN  based  Credit  Card  cash  loan 
advances. You may obtain cash loan advances against your Account up to a maximum aggregate total of $600 per day, provided sufficient 
credit is available. 

Page 1 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
 
 
 
 
REPAYMENT: You promise to repay to us at our office in Burbank, California, or such other place as we may designate in writing, all sums 
advanced by us from time to time under this Agreement, all applicable charges and fees, any interest and any other charges computed on 
the credit card account as described below. 

PAYMENTS: You will receive a statement for each monthly billing period in which your account has an outstanding balance, itemizing the 
transactions on your account. You must make payments at least monthly in an amount at least equal to the minimum payment amount. The 
minimum payment amount will be based on the new balance shown on your statement. Such payments must be made regardless of any 
prepayments as long as a balance exists. Your periodic payment is applied in the following order: (a) to late charges and fees, if any; (b) to 
periodic interest on balance transfers, advances, and purchases; (c) the unpaid balance of cash loan advances and balance transfers; and, 
(d) credit purchases of goods and services.  Payments in excess of the required MINIMUM PAYMENT will be applied first to the balances 
subject  to  the  highest  Annual  Percentage  Rate  and  then  to  balances  subject  to  lower  Annual  Percentage  Rates,  in  descending  order  of 
Annual Percentage Rates until all balances subject to an Annual Percentage Rate are paid in full.  You must pay each billing period, by the 
specified Payment Due Date, a MINIMUM PAYMENT of at least 2% of the outstanding balance, but not less than $30.00.  If your balance is 
less than $30.00, the MINIMUM PAYMENT amount will be your balance. 

AUTOMATIC PAYMENT OPTION: If you have elected Automatic Payment (or "AutoPay"), Logix will automatically deduct and transfer your 
monthly Credit Card payment from your designated Logix checking or savings account on the scheduled Payment Due Date. The Automatic 
Payment Option is voluntary, is not a condition of credit or this Agreement, and can be withdrawn by you at any time. 

When you elect AutoPay, you agree and authorize us to adjust the automatic payment amount each month to either the minimum monthly 
payment (Required Payment Due) or “payment in full”.  Notification of the varying payment amount due and scheduled payment due date will 
be satisfied by providing you with a monthly billing statement reflecting this information. 

If sufficient funds are not available in your designated checking or savings account to satisfy the total amount of the payment when due, we 
will take whatever funds are available each processing day until the minimum payment is satisfied. If due to insufficient funds, we do not 
transfer funds to make your required Credit Card payment, you will be responsible to ensure that the required Credit Card payment 
is made. If your designated checking or savings account has insufficient funds on the scheduled payment date on two or more occasions, 
we may terminate the Automatic Payment option. 

Unless terminated earlier by us, the Automatic Payment option remains in full force until Logix receives written or verbal notification from you 
terminating the arrangement. Your request for termination must give Logix reasonable opportunity to act on it. 

USING YOUR LOGIX PLATINUM REWARDS CREDIT CARD TO EARN REWARDS: Please see the Logix Rewards program brochure or 
disclosure for more information.  

VARIABLE RATE INFORMATION: The Platinum Classic, Platinum and Platinum Rewards Credit Cards have a variable-rate feature, and the 
annual percentage rate (corresponding to the periodic rate) and the minimum payment may increase as a result.  Any increase or decrease 
in  the  Annual  Percentage  Rate  will  result  in  changes  in  the  amount  and/or  number  of  payments  required  to  repay  the  Account  balance.  
Decreases in the Annual Percentage Rate in accordance with the terms of this Agreement and Disclosure are mandatory.  Increases in the 
Annual Percentage Rate in accordance with the terms of this Agreement and Disclosure are at our discretion. 

INTEREST CHARGES AND ANNUAL PERCENTAGE RATE: 
The Annual Percentage Rate (APR) includes interest and may include fees considered to be a finance charge. The APR is based on 
an Index Value plus a Margin.  The Index is the highest U.S. Prime Rate as published in the Wall Street Journal on the day following your 
billing cycle date, rounded up to the nearest one-quarter of one percent (0.250%)(the Index Value). Your billing cycle date is the same day of 
each  month  as  indicated  on  your  credit  card  statement.    If  the  U.S.  Prime  Rate  increases,  your  rate  will  increase.  Should  the  Index  be 
discontinued  or  otherwise  be  made  unavailable  during  the  term  of  your  line  of  credit,  we  will  choose  a  new  Index  that  is  based  on 
comparable information and we will provide you notice of this change.   

The Margin is a specific number of percentage points which is added to the Index Value to calculate the Annual Percentage Rate. The 
Margin  for  the  Platinum  Classic  Credit  Card  ranges  between  9.99%  and  14.74%.  The  Margin  for  the  Platinum  Credit  Card  ranges 
between 4.99% and 14.74%.  The Margin for the Platinum Rewards Credit Card ranges between 5.99% and 14.74%. The margin is the 
same for purchases, cash loan advances, and balance transfers. 

Ask us for the current Index Value. Your Daily Periodic Rate and corresponding Annual Percentage Rate, as well as the applicable 
Index + Margin are included in your Congratulations “Approval” Letter.  APR information will be reflected on your periodic statements.  

Rate Changes: Increases and decreases in the ANNUAL PERCENTAGE RATE resulting from changes in the Index can occur monthly, 
that is, each billing period on the first day following your billing cycle date (the “Change Date”). On the date following your billing cycle date, 
we will adjust the ANNUAL PERCENTAGE RATE on the Account.  Annual Percentage Rate is based on the Index Value in effect as of 
the date following your billing cycle date, plus your Margin, and will be effective for the current (new) billing cycle.  If there is no change in the 
Index Value on the Change Date, the Annual Percentage Rate will not change for that billing cycle. 

Page 2 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
 
 
The Maximum Rate is currently capped by regulation at 18.00%.   Logix reserves the right to increase the maximum interest rate if permitted by 
law or regulation. 

Interest Charges on Cash Loan Advance:  Interest will be imposed on all cash loan advances that you obtain through the use of your 
Credit  Card  or  Convenience  Checks,  including  credit  withdrawals  at  ATMs,  and  advances  initiated  via  transfer  through  Telephone 
Banking, Online Banking, and through the Checking Account Overdraft Protection feature of your Card, as of the date of  posting of 
each such cash loan advance. Interest will continue to accrue until the cash loan advance is repaid. 

Credit Purchases of Goods and Services. Interest will be imposed on credit purchases of goods and services that you obtain with your 
Card as of the date such credit purchase is posted to your account and will continue to accrue until the date the credit purchase is repaid. 
However, Interest will not be imposed on credit purchases if paid in full by the payment due date. 

GRACE  PERIOD:  There  is  a  grace  period  of  25  calendar  days  on  all  credit  purchases  of  goods  and  services.  In  order  to  avoid  interest 
charges on new purchases, you must pay the entire New Balance shown on the statement by the Payment Due Date. If you do not pay in full 
the New Balance shown on the statement by the Payment Due Date, all new purchases will accrue interest at the daily periodic rate from the 
date of the purchase until the closing date of the billing cycle. There is no grace period on balance transfers or on cash loan advance 
transactions.  Some examples of cash loan advances include cash withdrawals at ATMs; advances initiated via transfer through Telephone 
Banking or Online Banking; Convenience Checks; or advances for Checking Account Overdraft Protection transfers, which accrue interest 
charges from the posting date. 

AVERAGE  DAILY  BALANCE  (INCLUDING  CURRENT  TRANSACTIONS)  COMPUTATION  METHOD:  We  figure  the  interest  on  your 
account by applying the periodic rate to the "Average Daily Balance" of your account (including current transactions). To get the "Average 
Daily Balance" we take the beginning balance  of your account each day, add any new purchases, balance transfers, and advances, and 
subtract any payments or credits and unpaid interest. 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".  

Daily Periodic Rate and Annual Percentage Rate (APR)  

Platinum Rewards -The Daily Periodic Rate used to compute the interest charges on the Platinum Rewards Account are the Index (Prime 
Rate, currently 3.25%) plus a Margin ranging from 5.99% to 14.74%, divided by [365]. This rate is 0.0253% on a 9.24% APR, 0.0308% on a 
11.24% APR, 0.0363% on a 13.24% APR, or 0.0493% on a 17.99% APR. The APR will vary with the market based on Prime Rate. 

Platinum (Regular) And Share Secured Platinum Card – Following the discounted introductory rate period, if applicable, the Daily Periodic 
Rate used to compute the interest charges on the Platinum Account is the Index (Prime Rate, currently 3.25%) plus a Margin ranging from 
4.99 to 14.74%, divided by [365]. This rate is 0.0225% on a 8.24% APR, 0.0281% on a 10.24% APR, 0.0340% on a 12.24% APR, 0.0390% 
on a 14.24% APR, 0.0445% on a 16.24% APR, or 0.0493% on a 17.99% APR.  The APR will vary with the market based on Prime Rate. 

Platinum Classic - The Daily Periodic Rate used to compute the interest charges on the Platinum Classic Account is the Index (currently 
3.25%) plus a Margin ranging from 9.99 to 14.74%, divided by [365]. This rate is 0.0363% on a 13.24% APR, 0.0390% on a 14.24% APR, 
0.0418% on a 15.24% APR, 0.0445% on a 16.24 % APR, or 0.0493% on a 17.99% APR. 
*Note: Not all rates stated above may be available if rate tier has been suspended. Refer to your Credit Card Congratulations “approval” 
letter for your applicable Annual Percentage Rate (APR) and Daily Periodic Rate.  The APR will vary with the market based on Prime 
Rate. 

*Note: Not all rates stated above may be available if rate tier has been suspended. Refer to your Credit Card Congratulations “approval” 
letter for your applicable Annual Percentage Rate (APR) and Daily Periodic Rate. 

Introductory or Promotional Rate:  From time to time, there may be an introductory periodic rate and corresponding Annual Percentage 
Rate for purchases, cash loan advances, and/or balance transfers.  The introductory rate or the promotional rate may be a discounted rate 
that is not based upon the Index and Margin used to make later adjustments. 

For example:  If the introductory periodic rate is 0.00% and corresponding APR is 0.00% for all transactions initiated during the first ninety 
(90) days after your Platinum Credit Card Account is opened and such introductory periodic rate and Annual Percentage Rate will remain 
applicable to your first ninety (90) days of transactions for a period of six (6) months.  Upon expiration of the six (6) months, your first ninety 
(90) days of transactions will be subject to variable periodic rates and Annual Percentage Rates calculated by adding the applicable Index 
Value to your Margin as described in this Agreement and Disclosure and your Congratulations “Approval” Letter.  All transactions after the 
first ninety (90) days will be subject to the variable non-discounted periodic rate and corresponding non-discounted Annual Percentage Rate 
calculated as set forth in your Congratulations “approval” letter and explained in this Agreement and Disclosure.  

The non-discounted initial periodic rate and corresponding non-discounted initial Annual Percentage Rate that would otherwise be in effect 
as  of  the  date  of  this  Agreement  and  Disclosure  if  not  for  the  introductory  Annual  Percentage  Rate  are  set  forth  in  the  Credit  Card 
Congratulations “approval” letter provided with this Agreement and Disclosure.   

Page 3 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
 
 
 
 
We  may  end  your  introductory  Annual  Percentage  Rate  during  the  promotional  period  if  you  make  a  late  payment.    We  may  apply  the 
penalty Annual Percentage Rate if your minimum required payment is more than 60 days late at any time. 

USING YOUR LOGIX PLATINUM REWARDS CREDIT CARD TO EARN REWARDS: To participate in the Logix Rewards Program and 
earn Points, you must first establish an assigned Logix rewards account by opening (on approved credit) a Logix Platinum Rewards Account. 
No retroactive credit will be given for transactions made before the rewards account is assigned. Points cannot be used in conjunction with 
other frequency or rewards programs. Note: To redeem rewards, you must be a member in good standing with Logix. Refer to the Platinum 
Rewards Program Disclosure for complete details. Logix reserves the right to terminate rewards program at any time. 

FOREIGN CURRENCY CONVERSION AND CROSS-BORDER TRANSACTIONS. Foreign currency transactions will be converted into U.S. 
Dollars using either a wholesale exchange rate or government-mandated exchange rate as selected by the credit card Network on the date 
the transaction is processed, which may be a date different from the date the transaction occurred or was posted to your account. A Fee of 
0.2%  is  charged  for  the  foreign  currency  conversion,  which  is  added  to  the  converted  U.S.  Dollar  amount  debited  to  your  account. 
Additionally,  all  transactions  conducted  or  processed  outside  of  the  U.S.A.  and  its  territories,  foreign  military  bases,  embassies,  and 
consulates, (Cross-Border transactions), whether conducted in foreign currency or U.S. Dollars, will be assessed a fee of 0.8% of the U.S. 
Dollar amount. Logix Federal Credit Union has no control over the conversion rate used or fees charged by the credit card Network. 

PENALTY RATE - Credit Cards Not In Good Standing -If your minimum required payment is more than 60 days late at any time, we will 
increase the Annual Percentage Rate, after such notice to you as is required by law, to a variable rate (Penalty Rate) equal to and currently 
capped at 17.99% (Daily Periodic Rate 0.0493%).  The Penalty Rate is variable and may increase or decrease.  We will apply the Penalty 
Rate to your entire Account balance and to any future transactions. If you make six (6) consecutive periodic payments on time after the date 
we applied the Penalty Rate, we will reinstate your regular rate. 

COMPUTING THE INTEREST CHARGE: The interest charge on your Account is computed each billing period by multiplying the Average 
Daily  Balance  on  your  Account  by  the  applicable  Daily  Periodic  Rate  (the  ANNUAL  PERCENTAGE  RATE  divided  by  365)  and  then 
multiplying this figure by the number of days in the billing period. 

PERIODIC  REVIEW:    A  periodic  review  of  credit  card  and  line  of  credit  accounts  is  performed  to  determine  the  continued  probability  of 
repayment. We also rely on information requested and received from credit reporting bureaus and agencies regarding the handling of your 
credit  related  accounts  with  other  financial  institutions  for  this  same  purpose.  If,  in  our  opinion,  we  believe  that  your  credit  history  has 
significantly deteriorated since  your new or reissued Credit Card  was provided to you, we reserve the right to close your Account and to 
prohibit further advances. Deterioration in your credit history can result from late payments, collections, liens, or exceeding established Credit 
Limits. 

CROSS-COLLATERALIZATION: Collateral (other than real property) securing other loans with us may also secure this loan. 

CHECKING  ACCOUNT  OVERDRAFT  PROTECTION:  Your  Credit  Card  may  also  provide  Overdraft  Protection  on  your  Logix  checking 
account.  Fee:  $4.00  per  overdraft  protection  transfer.  Limit:  Your  Checking  Account  Overdraft  Protection  limit  will  be  part  of,  and  not  in 
addition to, your total approved Credit Limit under this Agreement. 

Application  of  Overdraft  Protection  Feature:  The  Checking  Account  Overdraft  Protection  feature  of  your  Credit  Card  applies  to  any 
overdraft on your checking account provided your Account has available credit, and is not restricted to overdrafts caused by any specific or 
exclusive individual signer(s) on the checking account. 

Liability For Overdrafts Caused By Any Checking Account Signer: You understand that if advances are made against your Account to 
cover overdrafts to your checking account created by other persons with the right to access said checking account, you will be fully liable for 
such advances nonetheless. 

Advances  for  Overdraft  Protection:  All  advances  against  your  Account  for  purposes  of  providing  overdraft  protection  are  cash  loan 
advances  and  are  subject  to  interest  charges  as  identified  above.    All  advances  to  cover  checking  account  overdrafts  will  be  made  in 
increments of $50. 

Overdraft Protection Procedure:  If we receive a check or other item against your checking account which exceeds the available balance 
in your checking account at the time the item is received by us, such check will be considered a request for a cash loan advance by you 
against  your  Account  in  an  amount  sufficient  to  permit  us  to  honor  the  check,  but  not  to  exceed  your  approved Credit  Limit,  and,  if  your 
request  is  thereby  approved,  we  will  credit  the  advance  to  your  checking  account.    However,  if  sufficient  credit  is  not  available  on  your 
Account to cover the amount of the check or item, we may not initiate an advance under this Agreement for purposes of checking account 
overdraft protection. 

If we do not initiate a cash loan advance against your Account due to insufficient credit availability, your check(s), or item(s) may be honored 
through  another  credit  agreement  you  may  maintain  with  us,  if  any,  such  as  a  ReadyLine  of  Credit,  or  Logix  may,  at  our  discretion  and 
without obligation, transfer funds from another savings or checking account you maintain with us to your checking account in order to cover 
and honor the item.  Please refer to other agreements you may have with Logix, or contact a Logix member service representative. 

Page 4 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
 
 
 
OVER-THE-CREDIT LIMIT: If you have provided consent, we can assess an Overlimit Fee of $25 for a transaction that exceeds your Credit 
Limit. You may opt-in or opt-out at any time by contacting us. Even if you request over-the-credit limit coverage, in some cases we may still 
decline a transaction that would cause you to go over your Credit Limit. 

JOINT  ACCOUNTS  AND  CO-SIGNORS:    If  you  are  a  co-signor  or  if  this  is  a  joint  account,  you  agree  to  be  individually  and  jointly 
responsible with the other borrower(s). Each of you authorizes the other(s) to obtain advances and make purchases individually under this 
Account. We do not have to notify you if payments on the account are not made by the other borrower(s) on time. We can change the terms 
of payment and release any security without notifying you or releasing you from responsibility on this Agreement. If this is a joint account, 
upon request by any party to the account or upon our receipt of inconsistent instructions, we may, at our option and without notice to any 
other party, refuse any request for an advance or an increase in the Credit Limit amount, or refuse any other request with respect to the 
account. 

ATM  FEES  BY  OTHERS:    If  you  use  an  automated  teller  machine  (ATM)  that  is  not  operated  by  us,  you  may  be  charged  a  fee  by  the 
operator of the ATM and/or by an ATM or automated transfer network. 

LATE PAYMENTS:  We may accept late payments or partial payments without losing any of our rights under this Agreement. Late Charges 
are assessed if your payment is received after the scheduled Payment Due Date. For payments received past due, you agree to pay a Late 
Charge of $15 for balances under $100; $20 for balances $100-$500; $25 for balances over $500. If you are late more than one time 
during a six (6) month period we may charge a Late Charge up to $30.  Your Late Charge will never exceed the amount of the payment that 
you failed to make by its scheduled Payment Due Date.   

RETURNED PAYMENT FEE:  If a payment that was applied to your Account is returned to us unpaid for any reason, you will be charged a 
Returned Payment Fee of up to $29. However, the Returned Payment Fee will not exceed the amount of the payment that you were required 
to make under your periodic statement.   

SHARE-SECURED  CREDIT  CARD-  GRANT  OF  SECURITY  INTEREST:  If  you  have  been  granted  a  share-secured  Credit  Card,  you 
understand  that  the  granting  of  the  security  interest  is  a  condition  of  us  granting  you  an Account.  You  understand  and  agree  you  have 
granted us a security interest in a savings account as designated by you by executing the Share-Secured Credit Card Security Agreement, 
which is incorporated into and made part of this Agreement and Disclosure by this reference.  You understand that you must, at all times, 
keep a sum equal to your Credit Limit on deposit in the designated savings account(s) identified on the Share-Secured Credit Card Security 
Agreement until you repay your entire Account balance and the Account is terminated.  You understand and agree that this security interest 
will  cover  future  purchases,  balance  transfers,  and  advances  under  this  Agreement  and  Disclosure.    If  you  default,  we  may  apply  these 
shares to repay your Account balance in accordance with federal or other law.  You understand that the Annual Percentage Rate quoted 
above does not take into account the amount pledged in your designated regular share account(s). 

CREDIT  CARD  CONVENIENCE  CHECKS:    Convenience  Checks  drawn  against  your  Account  may  be  provided  to  you  upon  request  or 
issued  to  you  as  a  convenience  from  time  to  time  by  Logix.  You  may  use  these  checks  like  you  would  your  personal  checks  to  pay  for 
merchandise,  pay  off  bills,  other  loans  or  credit  cards.  Use  of  any  Credit  Card  Convenience  Check  will  constitute  a  cash  loan  advance 
against  your  Account  and  interest  will  begin  to  accrue  from  the  date  the  Convenience  Check  is  posted  to  your  Account  (see  Cash  Loan 
Advance).  You will be charged a NSF Credit Card Convenience Check Fee of up to $29 if you write a Convenience Check for a transaction 
that  exceeds  your  Credit  Limit  or  the  Convenience  Check  is  written  on  a  delinquent  Account.    The  amount  of  the  NSF  Credit  Card 
Convenience Check Fee will not exceed the amount of the Convenience Check that resulted in such fee being imposed. 

STOP PAYMENT ORDERS ON CREDIT CARD CONVENIENCE CHECKS:  At your request and risk Logix will, without responsibility on its 
part, accept a Stop Payment Order on Credit Card Convenience Checks issued against your Account, subject to a $20.00 Stop Payment 
fee  per  check,  at  the  time  such  a  Stop  Payment  Order  is  received.  A  Stop  Payment  Order  will  be  in  effect  if  all  required  information  is 
provided and a reasonable amount of time has been allowed for the dissemination of such stop payment information. All written and oral 
Stop Payment Orders on credit card Convenience Checks that you write are effective for twelve (12) months from the date received, unless 
otherwise canceled or renewed by you in writing. If we inadvertently pay the Convenience Check when the stop payment should have been 
effective, we will reverse any Logix charges which result, including the Stop Payment fee. In addition, we will reimburse you for your losses, 
up to the amount of the check, so long as you are able to prove that you do not owe the money to the person to whom you wrote the check.  
However, if you are unable to prove that you do not owe the money, we will not be obligated to reimburse you for the check amount. 

EVENTS OF DEFAULT:  You will be in default under this Agreement if any of the following events shall occur: (a) In the event of your death, 
(b) If you are determined incompetent, (c) If you fail to comply with the minimum payment or any other terms or conditions of this Agreement 
or any other obligation you have or will have with us (for late payment see also “PENALTY RATE” above); (d) If you make false or misleading 
statements in any credit application or update of credit information; (e) If you should become insolvent; (f) If a petition should be filed or other 
proceedings should be started under the Federal Bankruptcy Code or any State insolvency statute by or against you; (g) If a Receiver should 
be appointed or a writ or order of attachment, levy or garnishment should be issued against you or any of your property, assets or income; or 
(h) If we should consider yourself or any debts due under this Agreement unsafe or not completely secure or if we should believe, in good 
faith, that the chances of your paying or performing all of your obligations under this Agreement have been impaired. If you fail to fulfill the 
terms of this Agreement, a negative report reflecting on your credit record may be submitted to consumer credit reporting agencies. 

Page 5 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
ENTIRE BALANCE DUE: If you are in default, we may require that you immediately pay the outstanding balance with interest due on the 
balance  at  the  applicable  Annual  Percentage  Rate  provided  in  the  above  “Interest  Charges”  section  until  paid.    You  also  agree  our 
obligation  for  further  credit  extensions  shall  immediately  end.  If  we  demand  full  payment  of  the  outstanding  balance  and  you  fail  to 
immediately make payment, you agree to pay all collection costs and fees. 

TERMINATION OF MEMBERSHIP: Granting you an Account is conditioned upon your continued membership with Logix. Discontinuation of 
your Logix membership will result in termination and revocation of your Credit Card privileges, requiring you to return all Credit Card(s) to 
Logix and payment of the "ENTIRE BALANCE DUE" as identified in the above section. 

COLLECTION COSTS:  If you are in default under this Agreement, you agree to pay all collection costs, including without limitation, our 
reasonable attorney's fees and court costs incurred during collection. 

INVESTIGATION AUTHORIZATION: You agree to advise us of any changes in your financial  condition which  may adversely  affect your 
creditworthiness  and  authorize  us  to  obtain  information  concerning  your  creditworthiness  from  consumer/credit  reporting  agencies, 
employers, or others, both now and in connection with updates, renewals, and later credit extensions. At your request, we will tell you if such 
information  has  been  obtained  or  if  we  take  adverse  action  on  your  account  as  a  result  of  information  obtained  from  a  consumer  credit 
reporting agency. We will advise you of that fact and supply you with the name and address of the reporting agency making the report.  We 
may require that you complete a new credit application  if you wish to increase your Credit Limit or extend the terms of repayment.  You 
authorize us to disclosure information regarding the Account to credit reporting agencies and other creditors who inquire of us about your 
credit standing to the extent authorized by law. 

CANCELLATION:  You can cancel your Account at any time by returning to us your Card(s), cut in half, along with a letter requesting that 
we cancel your Account. We may cancel this Agreement at any time. However, your obligation under this Agreement and any charges and 
advances made under it prior to cancellation will continue to apply until you have paid all money you owe on the Account. 

NON-REISSUANCE: For security purposes, Logix Credit Cards are reissued periodically.  If at the time of reissuance your Account has been 
inactive for at least 12 months, we will not reissue a new Card to you and may close your Account. 

CHANGE OF NAME, ADDRESS and EMPLOYMENT: You will advise us promptly of any change in your name, address or employment. All 
written  notices  and  statements  from  us  to  you  will  be  considered  given  when  placed  in  the  United  States  mail,  postage  prepaid,  and 
addressed to you at your current address as it appears on our records, or when notified electronically if you have requested and consented 
to electronic statements and notifications. 

CREDITS: If merchants who honor your Card give you credit for returns or adjustments, they will do so by sending us a credit, which we will 
post  to  your  Account.  If  your  credits  and  payments  exceed  what  you  owe  us,  we  will  hold  and  apply  the  credit  balance  against  future 
purchases or cash advances, or we will refund the credit balance to you within seven (7) business days of receipt of your written request if 
the credit balance is $1.00 or more. 

PLAN MERCHANT DISPUTES:  We are not responsible for the refusal of any plan merchant or financial institution to honor the Account 
and/or Card.  We are subject to claims and defenses (other than tort claims) arising out of goods or services you purchase with the Card only 
if you have made a good faith attempt but have been unable to obtain satisfaction from the plan merchant, and (a) your purchase was made 
in response to an advertisement we sent or participated in sending you; or (b) your purchase cost more than $50.00 and was made from a 
plan merchant in your state or within 100 miles of your current mailing address.  Any other dispute you must resolve directly with the plan 
merchant.  If you dispute a charge with a merchant, we may, in our discretion, credit your Account for all or part of the disputed charge.  If we 
do so, you assign and transfer to us all rights and claims (excluding tort claims) against the merchant.  You agree that you will not pursue 
any claim against the merchant for the credited amount, and you must cooperate with us if we decide to do so.  

LOST/STOLEN  CARD  NOTIFICATION  AND  LIABILITY  FOR  UNAUTHORIZED  USE:    You  will  take  reasonable  steps  to  prevent  the 
unauthorized  use  or  your  Card  and  Account.  You  accept  responsibility  for  safeguarding  all  cards  and  PINs  issued  to  you  and  any  other 
users. 

If your Card is lost or stolen, you must tell us at once. You agree to notify us immediately, orally or in writing at Logix, 2340 Hollywood Way, 
P.O.  Box  6759,  Burbank,  CA  91510  –  Telephone:  (800)  328-5328  or  for  International  Calls  (818)  565-2020,  of  the  loss,  theft,  or 
unauthorized use of your Logix Credit Card. You may be liable for the unauthorized use of your Credit Card.  You will not be responsible for 
charges made to your Account that are found to be unauthorized.  If we reimburse your Account for unauthorized charges made using your 
Card, you will help us investigate, pursue and get reimbursement from the wrongdoer.  Your help includes giving us documents that we ask 
for and that are acceptable to us. 

Your liability will not exceed $50 for unauthorized cash advances at ATMs. You will have no liability for unauthorized purchases made with 
your Credit Card. 

Page 6 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
 
 
 
 
For  additional  information  regarding  your  rights  and  our  responsibilities,  please  refer  to  the  “YOUR  BILLING  RIGHTS”  section  of  this 
Agreement.  

Your liability may be greater if we can prove that you were grossly negligent or fraudulent in the handling of your Credit Card or Account. 

CARD OWNERSHIP:  Any Logix Credit Card issued to you or to another person at your request remains the property of Logix. You agree to 
notify us promptly of the loss, theft, or unauthorized use of your Credit Card. You agree we may terminate, limit or modify your right to use 
your Credit Card at any time in the future without notice to you. 

RESPONSIBILITY:    You  agree  to  repay  us  according  to  the  terms  of  this  Agreement  for  all  purchases,  cash  loan  advances,  balance 
transfers transactions, interest, over-limit, annual fees and late charges, if any, arising from the use of the Credit Card by you, or any other 
person you permit to use the Card, even if that person exceeds your permission, or if we approve charges in excess of the Credit Limit. 

IRREGULAR PAYMENTS, TRANSFER OF ACCOUNT, WAIVERS, AND OTHER PROVISIONS:   

Irregular  Payments:  We  may  accept  late  payments  or  partial  payments,  or  checks,  drafts  or  money  orders  marked  "Payment  in  Full", 
without losing any of our rights under this Agreement.  

Transfer of Account: You cannot transfer or assign your Account to any other person.  

Delay In Enforcement:  We may delay enforcing any of our rights or otherwise refrain from exercising any of our rights regarding any breach 
or default that occurs without losing our rights or waiving our rights.  

Waivers:  Waivers will be binding only if we agree to the waiver in a signed writing.  

Other Provisions: Each of you who signed the Application or use the Account is individually and jointly obligated for all payments due under 
this Agreement. If any part of this Agreement is not valid, all other parts will remain enforceable. 

GOVERNING LAW:  You understand and agree that this Agreement is made in California and shall be governed by the laws of the State of 
California to the extent that California Law is not inconsistent with controlling Federal Law. You also understand that California's "Choice of 
Law Rules" will not be applied if they would result in the application of non-California law. 

INFORMATION  REPORTED  TO  CREDIT  BUREAUS:  If  you  believe  that  any  information  we  have  reported  to  consumer  credit  reporting 
agencies (credit bureaus) regarding your Account is inaccurate or incomplete, please notify us in writing at Logix, P.O. Box 6999, Burbank, 
CA 91510.  Please provide specific information so that we can identify the information you believe to be inaccurate or incomplete. 

OTHER AGREEMENTS, TERMS AND CONDITIONS: 

a)  You  agree  to  keep  your  Credit  Card  in  a  safe  place  and  permit  no  unauthorized  person  to  use  it.  You  further  agree  not  to  tell  any 
unauthorized person your PIN or write your PIN on the Card or otherwise make it available to anyone else. 

b) You agree to tell us immediately upon the loss or theft of your Card or PIN. 

c) The Card remains the property of the Credit Union and you agree to surrender the Card to the Credit Union upon demand.  The Credit 
Union may cancel, modify or restrict the ATM-access feature of your Card without notice: if you have exceeded your Credit Limit; if we are 
aware that you have violated any term of this Agreement whether or not the Logix has suffered a loss; or where it is necessary to maintain or 
restore the security of your Account or recall the Credit Card through retrieval by any of the ATMs. 

d) If you ask Logix to issue a Card to anyone else, you authorize that individual to make purchases and obtain cash loan advances from your 
Account using the Credit Card. 

e) You agree to indemnify and hold Logix harmless from any costs or damages you sustain as a result of Logix carrying out, in a reasonable 
manner, any written instructions provided by you. 

INTEGRATED  DOCUMENT(S).    You  understand  and  agree  that  the  Credit  Card  Congratulations  “approval”  letter  and  the  Credit  Card 
Agreement Rates and Fees Table that are included with this Agreement and Disclosure are incorporated herein by reference and are an 
integrated part of this Agreement and Disclosure. In addition, any separate sheet of paper, which is delivered together with and incorporates 
this  Agreement  and  Disclosure  by  reference,  is  an  integrated  part  of  this  Agreement  and  Disclosure.    Any  future  amendments  to  this 
Agreement and Disclosure will be labeled as such and will form an integrated part of this Agreement and Disclosure. 

ADDITIONAL CREDIT CARD BENEFITS AND SERVICES: There are additional benefits and services available to Cardholders. Please call 
(800)328-5328 to request an informational brochure.  We have the right to add, modify, or delete any benefit, service, or feature of your Card 
at our discretion. 

Page 7 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PREPAYMENT OR IRREGULAR PAYMENTS:  Though you need only pay the minimum payment due set forth in your monthly statement, 
you understand that you have the right to repay your Account balance at any time without penalty.  You also understand and agree that you 
will only be charged interest charges to the date you repay your entire Account balance.  You may make larger payments without penalty 
and this may reduce the total amount of interest charges that you will repay.  If you pay more than the minimum payment due in any month 
and  there  is  still  a  balance  due,  you  must  continue  to  make  minimum  payments  in  future  months.    Any  partial  payment  of  your  Account 
balance will not advance your next payment due date(s).  You understand and agree that any payment that (a) delays or (b) accelerates the 
repayment  of  your  Account  balance  will  (a)  increase  or  (b)  decrease  your  periodic  interest  charge.  Credits  from  merchants  may  not  be 
applied to the minimum payment due. 

TELEPHONE MONITORING:  We may listen to and record telephone calls between you and us for the purpose of improving the quality of 
service you receive. 

PAYMENTS MARKED “PAID IN FULL”:  We may accept checks, money orders, or other types of payment marked “payment in full” or 
using other language to indicate full satisfaction of any indebtedness without being bound by such language or waiving any rights under this 
Agreement  and  Disclosure.    Full  satisfaction  of  indebtedness  will  be  accepted  by  us  only  in  a  written  agreement,  signed  by  one  of  our 
authorized Logix Federal Credit Union representatives. 

FEES AND CHARGES: 
Please refer to the Agreement Rates and Fees Table below. 

YOUR BILLING RIGHTS:  
KEEP THIS DOCUMENT FOR FUTURE USE 
This notice tells you about important information 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: 

Logix 
P.O. Box 6999, 
Burbank CA 91510 

You may also contact us on the Web:   www.lfcu.com 

In your letter, give us the following information: 
  Account information: Your name and account number 
  Dollar amount: The dollar amount of the suspected error. 
  Description of 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: 
  Within 60 days after the error appeared on your statement. 
  At least three (3) business days before an automated 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 at (800) 328-5328, but if you do, we are not required to investigate any 
potential errors and you may have to pay the amount in question. 

What Will Happen After We Receive Your Letter 
When we receive your letter, we must do two things: 

1. 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. 

2. 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. 
 
  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. 

The charge in question may remain on your statement, and we may continue to charge you interest on that amount. 

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. 

Page 8 of 10 

 
 
	
	
	
	
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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. 
(Note: Neither of these are necessary 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: 

Logix 
P.O. Box 6999 
Burbank, CA 91510 

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. 

Page 9 of 10 

 
 
	
	
	
	
 
 
 
 
Credit Card Agreement Rates and Fees Table 

Interest Rates and Interest Charges 

Annual Percentage Rate 
(APRs) for Purchases, Cash Advances, and 
Balance Transfers 

Platinum Rewards 

8.24% APR – 17.99% APR 
This APR will vary with the market based on the Prime Rate. 

Platinum 
Regular and Share Secured  
Share Secured 

9.24%% APR – 17.99% APR 
This APR will vary with the market based on the Prime Rate. 

Platinum Classic  

13.24% APR – 17.99% APR 

Penalty APR and When it Applies 

Paying Interest  

Minimum Finance Charge 

Credit Card Tips from the Consumer Financial 
Protection Bureau 

Fees 

Transaction Fees  

             Foreign Transaction Fees 

Foreign Currency Conversion Fee 

The APRs will vary with the market based on the Prime Rate. 

17.99% APR 
This APR may be applied if you: 
(1)  Make your minimum payment more than 60 days late at any time.  

How Long Will the Penalty APR Apply?  If your APRs are increased, the Penalty 
APR will apply until you make six consecutive minimum payments when due. 
Your due date is at least 25 days after the close of each billing cycle.  We will not 
charge you interest on purchases if you pay your entire balance by the due date 
each month.  We will begin interest on cash advances and balance transfers on the 
transaction date. 
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 

Up to 1% of each transaction which may include the following: 

.2%  Added to the converted U.S. Dollar amount for each foreign 

                   transaction  

Cross-Border Transaction Fee  

.8% A separate charge for each transaction amount whether  

Overdraft Protection  
Transfer Fee 
Penalty Fees 
Late Payment 
Over Credit Limit (must opt-in) 
Returned Payment 

                  conducted in foreign currency or U.S. Dollars 

$4.00 

Up to $30.00  
Up to $25.00  
Up to $29.00 

Other Fees 
Stop Payment on Credit Card Convenience Check 

$20.00 

How We Will Calculate Your Balance: We use a method called "average daily balance” (including new purchases). See your account agreement 
and disclosure for more details. 

*Loss of Introductory/Promotional APR:  We will end your introductory or promotional APR if you make a late payment  
Logix will apply the Penalty APR if your account is delinquent 60 days or more. 

Billing Rights:  For information on your rights to dispute transactions and how to exercise those rights refer to your Credit Card Agreement and 
Disclosure. 

Logix, P.O. Box 6759, Burbank, CA 91510-6759 

                13729-0(9/2013)135 

Page 10 of 10