FNCLR-D-0811

Interest Rates and Interest Charges
Annual Percentage Rate (APR)
for Purchases
APR for Cash Advances
How to Avoid Paying Interest 
on Transactions

Minimum Interest Charge
For Credit Card Tips from the 
Federal Reserve Board

Fees

Set-up and Maintenance Fees

29.9%
29.9% 
Your due date is at least 25 days after the close of each billing cycle. We will not 
charge you interest on transactions if you pay your entire balance by the due date 
each month.
NONE
To learn more about factors to consider when applying for or using a credit card, 
visit the website of the Federal Reserve Board at http://www.federalreserve.gov/
creditcard

NOTICE:  Some  of  these  set-up  and  maintenance  fees  will  be  assessed  before 
you begin using your card and will reduce the amount of credit you initially have 
available. For example, if you are assigned the minimum credit limit of $350, your 
initial available credit will be only about $275 (or about $255 if you choose to have 
an authorized user).

  Annual Fee
  Authorized User Fee

Transaction Fees
  Cash Advance

Penalty Fees
  Late Payment
  Returned Payment

$75
$20 annually (if applicable)

2% of each cash advance

Up to $25
Up to $25

How We Will Calculate Your Balance: We use a method called “ending balance”. We figure the interest charge on your 
Account by applying the periodic rate to the amount you owe at the end of each billing cycle (including new purchases, cash 
advances and fees) and deducting payments and credits made during the billing cycle.

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

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

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

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

Qualify For Future Unsecured Credit: Initially, you will be issued a Visa® with at least a $350 credit limit, up to a maximum 
of $1,500. If you make all your payments on time plus pay more than the minimum due each month, you may be eligible to 
receive future credit limit increases.

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

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

Authorization / Notices: By filling out and submitting the application, you are requesting credit from us. You confirm that all 
information you provide to us is true and correct.

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

Optional PREMIUM Club Membership: This optional program offers participants products and services by national retailers 
in addition to added card protection and services. The cost of this program is $4.95 per month and is included on your billing 
statement. If after receiving the contents of the welcome kit you are not satisfied, return the entire membership materials 
along with a written explanation requesting your cancellation. All cancellations must be in writing and received within 30 
days after the kit is mailed. Using the services, products or discounts of the PREMIUM Club signifies your acceptance of the 
membership and associated enrollment fee. This program is offered and administered by CAPITAL Enhancement Services, 
LLC. The PREMIUM Club is a service mark of CAPITAL Enhancement Services, LLC. All rights reserved. ©Copyright 2011, 
CAPITAL Enhancement Services, LLC.

Optional Payment Protection Plan Disclosure Terms: Payment Protection Plan is an optional program offered by First 
National Bank to eligible credit card members. Whether or not you purchase Payment Protection Plan will not affect your 
application for credit or the terms of any existing credit agreement you have with the Bank.
Benefits are limited to the minimum monthly payments as of your date of unemployment, disability or hospitalization up to a 
maximum of $5000, or your balance as of your date of death up to a maximum of $5000. You must be enrolled in Payment 
Protection Plan for at least 30 days before your loss occurs. While receiving benefits, you will be unable to make any new 
charges or cash advances on your credit card. Hospitalization benefit covers one minimum monthly payment per event. 
Unemployment and disability benefits cover your minimum monthly payment up to 6 months per event. There is a 120 day 
wait period between qualified events.
Upon enrollment, we will give you additional information including an Addendum to your First National Bank Credit Card 
Contract that fully describes the program’s features and benefits. Please read it carefully for a full explanation of terms including 
eligibility requirements, conditions and exclusions that could prevent you from receiving benefits and defines your cancellation 
rights. Some of the exclusions include pre-existing condition limitations for 12 months after enrollment. Disability protection 
excludes normal pregnancy or childbirth. To qualify for unemployment and disability protection, you must work at least 30 hours 
per week for at least 6 months.
You may cancel your protection at any time and if you cancel within the first 30 days, any fees charged will be refunded. 
First  National  Bank  may  cancel  the  Payment  Protection  Plan  at  any  time  including,  but  not  limited  to,  the Account  is  in 
default, discharged or terminated, or you have received the $5000 maximum benefit. Your monthly cost is $.89 per $100 of 
outstanding balance. Payment Protection Plan fees will be automatically charged to your account each month. The amount 
of protection under this Contract has limits and may not cancel your entire balance or entire monthly payment. You are 
responsible for any amounts past due or over credit limit amounts before your loss date.

Legacy Visa Credit Card Contract and Initial Disclosure Statement 
Please read this Contract carefully. Your Credit Card Account is governed by this Contract. In the Contract, “Bank,” “we,” “our” 
and “us” refer to First National Bank (Ft. Pierre, SD) and we are the creditor named in the application you signed. “You,” “your” 
and “applicant” are the person(s) who applied to us for the Credit Account. “Contract” means the terms and conditions outlined 
in this Contract. “Credit Account” or “Account” means the Credit Card Account we open for you to use to access the credit we 
extend to you. “Credit Limit” means the maximum Account balance you can have at any time.

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

2.  Using Your Account to Obtain Credit: You can use the card and your Account to make charges as long as you do 
not charge more than your credit limit. We can close or suspend the account at any time and may do this if the activity 
on your Account appears suspicious, if we are concerned about repayment or if the balance is over the credit limit. We 
can also limit the number or amount of charges you can make on the Account. You may be assigned a PIN (Personal 
Identification Number) or you may request a PIN to use ATM’s to obtain Cash Advances. The minimum Cash Advance 
must be $20.00 or more. Your Card and Account cannot be used for illegal charges. 

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

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

will also show your Minimum Payment and Payment Due Date.

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

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

7.  Applying Your Payments: In general, the payment will be applied in the following order: Unpaid Interest, Unpaid Fees 
and other Charges; and then principal balance. Payments applied to the principal balance will first be paid to balances 
at the highest Annual Percentage Rate (APR) and then to balances at lower APRs.

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

States. Do not send cash through the mail. 

9.  When Interest is Charged: Interest will be charged if you did not pay the previous balance in full by the Payment Due 
Date. We will charge interest on the Ending Balance. Ending Balance means the balance on your Account at the end 
of any Billing Cycle. Billing Cycle means the time between two billing statements. The Ending Balance is the sum of the 
Previous Balance (the ending balance on your last statement) less payments and credits, plus new Purchases and new 
Cash Advances and our charges posted during the Billing Cycle. We divide the Annual Percentage Rate (APR) by 12 
months to determine the Monthly Rate. The Ending Balance multiplied by the Monthly Rate equals the Interest amount. 

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

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

12.  Cardholder Privacy: We will send you a Privacy Notice annually. We may review your credit, employment or income 
to update our records. Your telephone calls with our representatives may be recorded for quality and other purposes. 
We may use automated telephone equipment or pre-recorded telephone calls to contact you about your Account. We 
may offer other methods for you to get information about your Account and we will use methods to prevent unauthorized 
access but security measures cannot insure against unauthorized inquiries. You agree that we will not be responsible 
for the release of information to anyone who has gained possession of a Card or Identification Number, Credit Account 
Number or Social Security Number. 

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

14.  Your Billing Rights: Keep this Document for Future Use. This notice tells you about your rights and our responsibilities 

under the Fair Credit Billing Act.
What to do if you find a mistake on your statement: If you think there is an error on your statement, write to us at: First 
National Bank, PO Box 5097, Sioux Falls, SD 57117-5097. In your letter, give us the following information: Your name 
and account number; the dollar amount of the suspected error; a description of the problem. If you think there is an error 
on your bill, describe what you believe is wrong and why you believe it is a mistake. You must contact us: 1) Within 60 
days after the error appeared on your statement; and, 2) If you have enrolled in automatic payment, at least 3 business 
days before the payment is scheduled if you want to stop payment on the amount you think is wrong. You must notify us 
of any potential errors in writing. You may call us but if you do, we are not required to investigate any potential errors and 
you may have to pay the amount in question.
When we receive your letter, we must do two things: Within 30 days of receiving your letter, we must tell you that we 
received your letter. We will also tell you if we have already corrected the error. Within 90 days of receiving your letter, 
we must either correct the error or explain to you why we believe the bill is correct.
While we investigate whether or not there has been an error: We cannot try to collect the amount in question or 
report you as delinquent on that amount. The charge in question may remain on your statement and we may continue 
to charge you interest on that amount. While you do not have to pay the amount in question, you are responsible for the 
remainder of your balance. We can apply any unpaid amount against your credit limit.
After we finish our investigation, one of two things will happen: If we made a mistake: You will not have to pay 
the amount in question or any interest or other fees related to that amount. If we do not believe there was a mistake: 
You will have to pay the amount in question along with applicable interest and fees. We will send you a statement of 
the amount you owe and the date payment is due. We may then report you as delinquent if you do not pay the amount 
we think you owe. If you receive our explanation but still believe your bill is wrong, you must write to us within 10 days 
telling us that you still refuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are 
questioning your bill. We must tell you the name of anyone to whom we reported you as delinquent, and we must let 
those organizations know when the matter has been settled between us. If we do not follow all of the rules above, you 
do not have to pay the first $50 of the amount you question even if your bill is correct.
Your rights if you are dissatisfied with your Credit Card purchases: If you are dissatisfied with the goods or services 
that you have purchased with your credit card, and you have tried in good faith to correct the problem with the merchant, 
you may have the right not to pay the remaining amount due on the purchase. To use this right, all of the following must 
be true: 1) The purchase must have been made in your home state or within 100 miles of your current mailing address, 
and the purchase price must have been more than $50. These limitations do not apply if your purchase was based on an 
advertisement we mailed to you, or if we own the company that sold you the goods or services. 2) You must have used 
your credit card for the purchase. Purchases made with Cash Advances from an ATM or with a check that accesses your 
Credit Card Account do not qualify. 3. You must not yet have fully paid for the purchase. If all of the criteria above are met 
and you are still dissatisfied with the purchase, contact us in writing at: First National Bank, PO Box 5097, Sioux Falls, 
SD 57117-5097. While we investigate, the same rules apply to the disputed amount as discussed above. After we finish 
our investigation, we will tell you our decision. At that point, if we think you owe an amount and you do not pay, we may 
report you as delinquent.

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

right to enforce them at a later time. 

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

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

18.  Law Governing this Contract: This Contract is entered into in the State of South Dakota where the decision to grant 
credit will be made. Therefore, this Contract will be governed by the laws of the State of South Dakota applicable to 
contracts, and by applicable Federal law, as well as all rules, regulations, orders and interpretations promulgated under 
such laws to the extent applicable to your Credit Account.

19.  Severability: If any provision of this Contract is invalid or unenforceable under any law, rule or regulation, it shall not 

affect the validity or enforceability of any other provision of this Contract.

20.  Default: You will be in default of this Contract if any of the following occur:

If you do not make a Minimum Payment on your Account on or before the Payment Due Date;
If you die or become legally incompetent;
If you become insolvent or bankrupt;
If you exceed or attempt to exceed your Credit Limit;
If you provide us with or have provided us with false or misleading information or signatures at any time;
If you fail to comply with this Contract;
If you request an excessive number of replacement Cards; or

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

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

21.  Cancellation:  You  may  cancel  your Account  at  any  time  by  notifying  us  in  writing  at  the  address  on  your  monthly 
Statement and returning all Cards issued on your Account (cut in half). Even if your Account is closed, you agree to pay 
the balance on the Account under the terms of this Contract. We can suspend your Account privileges or cancel your 
Account at any time, for any reason. We will notify you after we do so, unless you are in default at that time. We will have 
no obligation to notify you prior to suspending your charging privileges or cancelling your Account. If you cancel your 
Account within 30 days after the Contract is first mailed to you and if you have not used your Account for any charges, 
all initial fees billed to your Account will be credited back to your Account.

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

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

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

to define or describe the scope or intent of any provision of this Contract.

24.  State Restrictions:

a.  California Residents: A married applicant may apply for a separate account. As required by law, you are hereby 
notified that negative credit reporting may be submitted to a credit reporting agency if you fail to fulfill the terms of 
your credit obligations. After credit approval, each applicant shall have the right to use the Account up to the limit 
of the Account. Each applicant may be liable for amounts extended under the plan to any joint applicant.
b.  Kentucky Residents: You may pay the unpaid balance of your Account in whole or in part at any time.
c.  Maine  Residents:  Payment  Protection  provided  herein  is  voluntary  and  you  have  the  right  to  cancel  such 

protection at any time.

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

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

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