CARDHOLDER AGREEMENT 

World’s Foremost Bank (“we” or “us”) has issued you one or more Visa Cards. You agree that the use of a Cabela’s 
CLUB Visa Credit Card (“Card”) by you, a joint cardholder, co-signer, or an authorized user or any payment you 
make on your account (“Account”) serves as your acceptance of the terms of this Cardholder Agreement and the 
accompanying Addendum to the Cardholder Agreement (collectively, “Agreement”). You agree to repay all 
advances made to you or on your behalf, along with interest and fees, as set forth in this Agreement. Capitalized 
terms in this Agreement that are not otherwise deﬁned refer to and have the same meaning as terms used in your 
monthly billing statements. 

ACCOUNT DEFINITIONS 
Purchases: Goods or services purchased on credit pursuant to this Agreement. 

Balance Transfers: Transfers of outstanding balances from obligations owed to creditors other than World’s 
Foremost Bank to your Account. Transfers occur through an advance of funds from your Account to those other 
creditors at your request. Balance Transfers may be limited to a portion of the Credit Limit. 

Cash Advances: Transactions other than Purchases and Balance Transfers, including cash advances, credit 
extended through convenience checks, tax payments and transactions with a merchant or service provider 
identiﬁed as a seller of traveler’s checks, foreign currency, money orders, lottery tickets, or similar products and 
services. Cash Advances may be limited to a portion of the Credit Limit. 

Credit Limit: The maximum amount of credit that may be extended to you at any given time. 

Default: Please see the Section of the Agreement entitled, “What if You Pay Late or Otherwise Fail to Comply 
with this Agreement?” 

Interest Charge: The dollar amount of interest resulting from applying a Daily Periodic Rate to the Average Daily 
Balance on an account. Please see the Section of this Agreement entitled, “How Interest is Computed” for details 
concerning Daily Periodic Rate, Average Daily Balance, and how the Interest Charge will be calculated on your 
Account.   

Fees: Charges payable under this Agreement, other than Interest Charges. 

Good Standing: When an Account is open and not in Default as deﬁned in this Agreement. 

HOW YOU MAY USE THE ACCOUNT 
You may use your Account for Purchases, Balance Transfers, or to obtain Cash Advances, but may not use the 
Account for any unlawful purpose. You may not be able to use your Account if the Account is in Default under the 
terms of this Agreement. See “What if You Pay Late or Otherwise Fail to Comply with this Agreement?” for more 
information about Default.     

You acknowledge receipt of the initial Credit Limit we have established for your Account. Individual transactions are 
evaluated by us based on factors such as suspected fraud, Account history, credit record, ability to repay, prior 
Cash Advances, safety and soundness considerations, and utilization of your Credit Limit (i.e., your Account 
balance in relation to your Credit Limit). If we allow a transaction that causes you to exceed your Credit Limit, we 
may, at our option, consider you to be in Default or, alternatively, require you to pay, as a part of your Minimum 
Payment Due, the amount by which your balance exceeds your Credit Limit. Information from credit bureaus may 
be obtained in connection with our review of your Account with respect to any renewal or future extension of credit. 

We may adjust the Credit Limit or restrict or terminate your access to credit at any time, subject to any notice 
required by applicable law. Your available credit may not reﬂect payments posted to your Account, or may only 
reﬂect a portion of the payments posted to your Account, until up to 10 business days after our receipt of those 
payments.

HOW INTEREST IS COMPUTED 
We calculate the Interest Charge on your Account by multiplying the Average Daily Balance (including new 
transactions) by the daily periodic rate. Then, we multiply that result by the number of days in the billing cycle. We 
do this separately for each type of balance: Cabela’s Purchases (i.e., those made at Cabela’s stores, Cabela’s 
catalogs, or online at www.cabelas.com), Purchases other than Cabela’s Purchases (“Other Purchases”), Balance 
Transfers, Cash Advances, and promotional balances (see “Special Promotions”). To determine the total Interest 
Charge for the billing cycle, we add up all the Interest Charges for each type of balance. 

Average Daily Balance and Daily Periodic Rate: To calculate an Average Daily Balance, for each day of the 
billing cycle we take (1) your beginning balance; (2) add any new transactions, Interest Charges, Fees and other 
charges (as applicable); and (3) subtract any payments or other credits to get that day’s daily balance. The daily 
balance is considered to be $0.00 for any day on which the Account has a credit balance. We add all your daily 
balances and divide the total by the number of days in the billing cycle to get the average daily balance. To 
calculate a daily periodic rate, we divide the annual percentage rate by 365. 

Grace Period: Purchases, Balance Transfers, and Cash Advances will be charged to your Account as of the 
transaction date. If you pay the New Balance shown on your statement in full on or before the Payment Due Date 
shown on your statement, we will not impose Interest Charges on Purchases which accrue from the Statement 
Date to the date we receive your payment. We will not impose Interest Charges on new Purchases, or any portion 
of a new Purchase, paid by the Payment Due Date on your current statement, if you paid the entire New Balance 
on your previous statement by the Payment Due Date on that statement. However, Interest Charges will begin to 
accrue on Balance Transfers and Cash Advances as of the transaction date and will continue to accrue until 
Balance Transfers and Cash Advances are paid in full. 

Rates: Refer to the Addendum to the Cardholder Agreement for the annual percentage rates that apply to your 
Account. For any transactions that accrue interest at variable rates (as reﬂected in the Addendum to the Cardholder 
Agreement), the rate will be adjusted monthly based on the One Month LIBOR (rounded to the nearest hundredth) 
published in the Money Rates section of the Wall Street Journal on the last business day of each month (“Index”). We 
add a margin to the Index to get the annual percentage rate that will apply to that category of transactions. See the 
Addendum to the Cardholder Agreement for your margin. An increase in the Index will result in an increase in the 
annual percentage rate, Interest Charges, and may result in an increase of the required Minimum Payment Due. Any 
change to the annual percentage rate as a result of a change in the Index will apply to all outstanding balances for the 
category of transactions to which the variable rate applies. There is no limit on the amount by which the annual 
percentage rate may increase. 

WHAT FEES AND CHARGES MAY WE IMPOSE? 
In addition to Interest Charges, you may be charged the following Fees. All Fees are subject to Interest Charges. 
Fees will be included in the Other Purchases balance, unless otherwise noted below. 

• Cash Advance Transaction Fee. For each Cash Advance, we will charge the greater of: (a) $10; or (b)

•

4% of the amount of the Cash Advance. This Fee will be included in the Cash Advance balance.
• Balance Transfer Fee. For each Balance Transfer, we will charge the greater of: (a) $10; or (b) 4% of
the amount of the Balance Transfer. This Fee will be included in the Balance Transfer balance.
Late Fee. If you fail to pay any Minimum Payment Due on or before the Payment Due Date as reﬂected
on your statement, we will charge a late fee. The late fee will be the lesser of $27 or the Minimum
Payment Due from the previous cycle for your Account. However, the fee will increase to the lesser of
$37 or the Minimum Payment Due from the previous cycle for your Account if you fail to make a
payment when due within six billing cycles of any prior late payment. The late fee will never exceed the
amount of the Minimum Payment Due for the payment in Default.
Expedited Delivery Fee. A charge of $20 may apply for expedited delivery of replacement Cards.
Foreign Transaction Fee. We will charge 1% of the converted U.S. dollar amount of non-U.S. dollar
transactions. Charges will be converted into U.S. dollars under a currency conversion procedure
established by Visa. The exchange rate for these transactions is (a) a rate selected by Visa from the
range of rates available in wholesale currency markets for the central processing date (which may differ
from the rate Visa receives), or (b) the government-mandated rate in effect for the applicable central
processing date. The currency conversion rate used on the processing date may be different than the
rate that would have been used on the purchase date or the statement posting date.

•
•

We will charge 1% on transactions where the merchant is located in a country other than the United States and 
the transaction is settled in U.S. dollars. 
This Fee will be included in the Other Purchases balance; provided, however, if the foreign transaction is a Cash 
Advance, the Fee will be included in the Cash Advance balance. 

WHAT DO YOU HAVE TO PAY AND WHEN? 
You must make a minimum payment (“Minimum Payment Due”) each month as set forth in your monthly statement. 
We may refuse any payment not in U.S. dollars or which is made by instruments not drawn on ﬁnancial institutions 
in the United States. Payments are credited to your Account as of the date of receipt. 

If the New Balance shown on your monthly statement is less than $25, your Minimum Payment Due is the New 
Balance.  Otherwise, except if we agree to a repayment or workout plan, your Minimum Payment Due is the greater 
of:  

a) 2% of the New Balance, plus any amount past due (previously billed, but unpaid); or
b) The total of all periodic Interest Charges, plus (i) Fees, plus (ii) $25, plus (iii) any amount past due;
c) Any amount by which the New Balance exceeds the Credit Limit at the time of billing.

We may round the Minimum Payment Due to the nearest dollar. 

If we agree to a repayment or workout plan, you must at least make payments as agreed for the duration of the 
agreed upon plan.  

We must receive the Minimum Payment Due (or a larger amount) by 5:00 p.m. (central time) on the Payment Due 
Date on your monthly statement. You may not pay the Account through a Balance Transfer, Cash Advance, or 
Cabela’s CLUB Points. Any payment of an amount less than the total amount outstanding does not relieve you of 
your obligation to pay the remaining amount due on the Account unless we have given our speciﬁc, prior written 
approval. 

We may apply payments in amounts up to the Minimum Payment Due to your Account in any order or manner we 
choose. Any amount paid in excess of the Minimum Payment Due will be applied to balances in the order of those 
with the highest annual percentage rate to those with the lowest, as reﬂected on your most recent billing statement. 

WHAT IF YOU PAY LATE OR OTHERWISE FAIL TO COMPLY WITH THIS AGREEMENT? 
Your Account will be in default (“Default”) and/or considered not in Good Standing: 

a)
b)
c)

d)
e)

If you do not make a required payment when due;
If you fail to comply with the terms of this Agreement or any other agreement or obligation with us;
In the event of your fraud or misrepresentation in connection with the application, issuance, or use of the
Card and/or Account;
If you use the Account in excess of your Credit Limit; or
If you become bankrupt or insolvent.

If you are in Default, we may, at our option, refuse to extend further credit and declare the entire outstanding 
balance immediately due and payable. Defaults also may be reﬂected in your credit report and the credit report of 
any joint account holder, co-signer and/or authorized user on the Account. 

AUTHORIZED USERS 
You may designate authorized users of the Account and may request Cards for those authorized users. You are 
responsible for the use of the Account by any authorized user or other persons who you permit to use the Account. 
You may request to have an authorized user removed from your Account and we will use reasonable efforts to do so 
upon your request. However, you are responsible for collecting and destroying any Cards that the authorized user 
has in their possession. Your request to remove an authorized user will not relieve you of responsibility for the 
charges the authorized user has made on your Account. 

Authorized users are permitted to use the Account, make payments on the Account, report the Account or Cards as 
lost/stolen, redeem CLUB points, and initiate a dispute on the Account. Additionally, if you so elect with respect to 
any authorized user, you permit the authorized user to: obtain basic Account information (including information such 
as Account balance, Payment Due Date, etc.); change the Account address; request fee refunds; request statement 
copies and change Payment Due Date; activate Account Cards; discuss payment options; and request a credit 
balance refund. Regardless of your election, the authorized user will not be permitted to: discuss your credit 
information; close or reopen the Account; obtain assistance in registering/accessing our website; or request the 
following: name changes; Credit Limit changes; replacement Cards; the addition of authorized users or a joint 
cardholder; or removal of a cardholder (except that an authorized user will be permitted to remove themselves as an 
authorized user on the Account).

SPECIAL PROMOTIONS 
From time to time, after you enter into this Agreement, we may offer you the opportunity to participate in promotional 
purchases at a reduced interest rate. In such cases, the details of the promotion, including the timeframe of the 
promotion, the speciﬁc type of purchase(s) that qualify for the promotion, and any additional limitations of the 
promotion will be set forth in the respective offer. For special promotional offers relating to particular purchases at 
Cabela’s, the promotional period will be for a period of 12 months from the date of the qualifying purchase(s), and 
the promotional rate will be 0% for the qualifying purchase during the promotional period. At the expiration of the 
promotional period the remaining balance of a qualifying purchase (if any) will be subject to an interest rate of 
9.99%. A promotional rate will only apply to the speciﬁc type of purchase(s) identiﬁed in an offer, and such qualifying 
purchases must be completed before the expiration date set forth in the offer in order to receive the promotional 
rate. Any purchases that are not part of a special promotional offer will be subject to the applicable interest rate as 
set forth in this Agreement. 

ACCOUNT BASICS 
Governing Law: This Agreement and all transactions under the Agreement will be governed by (a) the laws of 
the State of Nebraska (except a person’s capacity to enter into a binding contract will be governed by the laws of 
the state of that person’s residence) and (b) applicable federal law and regulations. 

Card Ownership: You must sign all Cards immediately upon receipt. Cards issued to you, a joint cardholder, co-
signer, or any authorized user will remain our property. You must return the Cards if we request you to do so.   

Termination of Cards and Credit Privileges: We may, at any time, without cause, without prior notice (except 
as required by applicable law), and without affecting your obligations to us, (a) cancel your available credit, (b) 
revoke the Cards, and (c) refuse to make further advances. 

Loss or Theft of Cards or Account Number: If you notice the loss or theft of your Card or your Account number 
or a possible unauthorized use of your Card or Account number, you should write to us immediately at: P.O. Box 
82608, Lincoln, NE 68501; or call us (during normal business hours) at 1-800-850-8402 or (outside of business 
hours) at 1-800-556-5678. 

You will not be liable for any unauthorized use that occurs after you notify us. You may, however, be liable for 
unauthorized use that occurs before your notice to us. In any case, your liability will not exceed $50. 

Change in Terms: We may modify the terms of this Agreement at any time. We will provide you any notice of 
change in terms required under applicable law. Changes will apply to all balances, including existing balances and 
future transactions, except as prohibited by applicable law. If applicable law grants you the right to reject any 
changes, the notice of change in terms will advise you of that right and the effects of rejecting the change. 

Duty to Provide and Update Your Information: You agree to notify us of any changes to your address, 
telephone number or income within 30 days of such change. 

Waiver and Severability of Contract Provisions: Our failure to enforce any provision of this Agreement or to 
exercise any of our rights upon Default will not be a waiver of our right to enforce these provisions or declare a 
future Default on other occasions. If any part of this Agreement is determined to be invalid or unenforceable, the 
balance of the Agreement will remain in full force and effect. 

Authorization to Call and Monitor/Record Calls: You give us, our afﬁliates and agents (“Covered Parties”) 
express consent to contact you for any lawful purpose at any telephone number you provide to us, or from which 
you call or may be called by us (including, but not limited to, telephone numbers publicly associated with you), and 
you further agree that such contacts are not unsolicited. Such lawful purposes include, but are not limited to: 
obtaining information; Account transactions or servicing related matters; suspected fraud or identity theft; collection 
on the Account; and providing information about special products and services. You additionally agree that the 
Covered Parties may contact you at those number(s) via text message, automatic dialer calls, live operator and/or 
pre-recorded/artiﬁcial voice messages. You agree to be contacted by the Covered Parties via all of these methods 
whether or not the phone number is a home phone or work phone, or whether it connects to any type of 
mobile/wireless device, and also regardless of whether you will be charged by your telecommunications service 
provider for receipt of the calls/messages at those phone number(s). 

We may listen to and record telephone conversations with you (whether the telephone conversation is initiated by 
you or us) for purposes of monitoring and improving the quality of service. 

Request of Information and Reporting of Information: We may periodically request updated information from 
you and/or any joint cardholder, co-signer or authorized user on the Account, and we may provide, consistent with 
applicable laws and regulations, information with respect to your Account to others, including consumer reporting 
agencies and other credit grantors.

Credit Reports: We may report information about your Account to credit bureaus. Late payments, missed 
payments, or other Defaults on your Account, as well as your Account balance, may be reflected in your credit 
report and the credit reports of joint cardholders, co-signers, and/or authorized users on the Account. 

CABELA’S CLUB POINTS REWARDS PROGRAM  
The Cabela’s CLUB Visa Rewards Program is governed by separate terms and conditions (“Rewards Terms and 
Conditions”), which will be provided separately. In the event of any conﬂict between this Agreement and the 
Rewards Terms and Conditions, this Agreement will govern, except the Rewards Terms and Conditions will govern 
any matter related to the rewards program. 

YOUR BILLING RIGHTS 
Keep This Notice 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:  World’s Foremost Bank - P.O. Box 82608 - Lincoln, NE 68501 In your letter, give us the following information: 

a) Account information: Your name and account number.
b) Dollar amount: The dollar amount of the suspected error.
c) 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: 

a) Within 60 days after the error appeared on your statement.
b) At least 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, 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: 

a) We cannot try to collect the amount in question, or report you as delinquent on that amount.
b)

The charge in question may remain on your statement, and we may continue to charge you interest on that
amount.

c) While you do not have to pay the amount in question, you are responsible for the remainder of your

balance.

d) We can apply any unpaid amount against your Credit Limit.

After we ﬁnish our investigation, one of two things will happen: 

a)

b)

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 the
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.

2.

3.

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.)
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.
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: World’s 
Foremost Bank - P.O. Box 82608 - Lincoln, NE 68501 

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. 

Reviewed  on  7/1/16
Information  accurate  as  of  quarter  ending:  6/30/2016