KEMBA CREDIT UNION, INC. 
5600 CHAPPELL CROSSING BLVD. 
 WEST CHESTER, OH 45069  
(800) 825-3622 • FAX (513) 762-1619 
(513) 762-5070 

CREDIT CARD AGREEMENT AND 
FEDERAL DISCLOSU  RE STATEMENT 

THIS  IS  YOUR  CREDIT  CARD  AGREEMENT  AND  IT  INCLUDES  NECESSARY  FEDERAL 
TRUTH-IN-LENDING  DISCLOSURE  STATEMENTS,  VISA  PLATINUM  AGREEMENTS,  AND 
ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR VISA PLATINUM CREDIT 
CARD AND/OR OTHER ACCOUNT ACCESS DEVICE. PLEASE BE CERTAIN TO READ THIS 
AGREEMENT CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR. 

Interest Rate and Interest Charges

Annual Percentage Rate 
(APR) For Purchases 

_______% Introductory APR for ______ months.    
After that, Your APR will be _______%. 

Annual Percentage Rate 
(APR) For Balance Transfers 

_______% Introductory APR for ______ months.    
After that, Your APR will be _______%. 

Annual Percentage Rate 
(APR) For Cash Advances 

_______% Introductory APR for ______ months.    
After that, Your APR will be _______%. 

Paying Interest 

We will not charge You interest on purchases if You pay Your entire balance owed each 
month within  25 days of Your statement closing date. We will begin  charging  interest on 
cash advances and balance transfers on the transaction date. 

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 

To learn more about factors to consider when applying for or using a Credit Card, visit 
the website of the Consumer Financial Protection Bureau at 
http://www.consumerfinance.gov/learnmore. 

Fees

Transaction Fees 

  Foreign Transaction   
  Balance Transfer         
  Cash Advance 

Penalty Fees 

  Returned Payment  
  Late Payment  

1.00% of each transaction in U.S. dollars. 
2.00% of each transfer ($2.00 minimum - $50.00 maximum). 
2.00% of each advance ($2.00 minimum - $50.00 maximum). 

Up to $25.00  
Up to $25.00 

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See Your 
Account Agreement for details. 

Billing  Rights:  Information  on  Your  rights  to  dispute  transactions  and  how  to  exercise  those  rights  is  provided  in  Your 
Account Agreement. 

In this Agreement, the reference to "We," "Us," "Our," and "Credit Union" mean KEMBA CREDIT UNION, INC. The words "You" and "Your" mean each person accepting this 
Agreement. If this is a joint account, read singular pronouns in the plural. The words "Card" and "Credit Card" mean any VISA Platinum Credit Card issued to You by Us and 
any duplicates or renewals We may issue. "Convenience Checks" mean the special Account access devices that We may provide for Your use from time to time. 

Type of Credit Card 

VISA Platinum 

Current 
Daily Periodic 
Rate 

__________%  

Current 
Annual Percentage 
Rate 

__________%  

Copyright Oak Tree Business Systems, Inc., 2016-2022. All Rights Reserved. 

Page 1 of 3  

                                                           OTBS 016CC VP-INTRO FRB_WEB KEMB (4/22) 
Rev. (4/22) 

 
 
 
You understand the following terms constitute the Agreement: 

PROMISE  TO  PAY.  Your  Account  may  be  accessible  through  a  variety  of  means 
which could  include advance  request forms, vouchers, checks, charge slips,  Credit 
Cards,  Convenience  Checks,  and  the  like.  Regardless  of  the  access  means,  You 
promise to pay Us all amounts charged to Your Account by You or by any user who 
has access to Your Account, with actual, apparent, or implied authority for use of Your 
Account, including Finance Charges and other fees or charges described herein. 

JOINT  ACCOUNTS.  Each  Borrower  will  be  responsible,  jointly  and  severally,  for  the 
repayment  of  amounts  owed.  You  understand  that  any  Card  which  is  requested  and 
approved, will be mailed only to the primary Borrower at the address that We have on 
file for You. We may refuse to follow any instructions which run counter to this provision.  

OWNERSHIP. All access devices remain Our property and may be cancelled by Us 
at  any  time  without  notice. You agree  to surrender  any such  access device and to 
discontinue its use immediately upon Our request. 

USE OF YOUR CARD. You may use Your Card to buy goods and services in any place 
that it is honored and to get cash advances from Us or another financial institution. If You 
are issued a cash advance draft, it will be imprinted with Your Card and You will receive 
a copy of the draft. You agree not to use Your Card for illegal transactions including, but 
not limited to, advances made for the purpose of gambling and/or wagering where such 
practices are in violation of applicable state and/or federal law. 

ISSUANCE  OF  PERSONAL  IDENTIFICATION  NUMBER.  We  will  issue  You  a 
Personal Identification Number (PIN) for use with Your Card. This PIN is confidential 
and  should  not  be  disclosed  to  anyone.  You  may  use  Your  PIN  and  Your  Card  to 
access Your Account and all sums advanced will be added to Your Account balance. 
In the event a use of Your PIN constitutes an Electronic Fund Transfer, the terms and 
conditions of Your Electronic Fund Transfer Agreement may affect Your rights.  

CREDIT LIMITS. You will be notified of Your specific Credit Limit for transactions made 
under Your Account. Unless You are in default, Your Credit Limit will be self-replenishing 
as You make payments on Your Account. You will keep Your unpaid balance within Your 
Credit Limit, and You will pay any amount over Your Credit Limit on Our demand whether 
or not We authorize the advance which caused You to exceed Your Credit Limit. Even if 
Your  unpaid  balance  is  less  than  Your  Credit  Limit,  You  will  have  no  credit  available 
during any time that any aspect of Your Account is in default.  

FINANCE CHARGES. In the case of any transactions on Your Account, the balances 
subject to the periodic Finance Charge are the average daily transactions balances 
outstanding during the month (including new transactions). To get the average daily  
balance,  We  take  the  beginning  balance  of  Your  Account  each  day,  add  any  new 
purchases,  balance 
insurance  premiums,  debit 
adjustments,  or  other  charges  and  subtract  any  payments,  credits,  and  unpaid 
Finance Charges or Late Charges. This gives Us the daily balance. Then, We add up 
all the daily balances for the billing cycle and divide them by the number of days in 
the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the 
average daily balance subject to a Finance Charge by the Daily Periodic Rate times 
the number of days in the billing cycle. 

transfers,  cash  advances, 

You can avoid Finance Charges on purchases by paying the full amount of the entire 
balance owed each month within 25 days of Your statement closing date. Otherwise, 
the  new  balance  of  purchases,  and  subsequent  purchases  from  the  date  they  are 
posted  to  Your  Account,  will  be  subject  to  a  Finance  Charge.  Cash  advances  and 
balance  transfers  are  always  subject  to  a  Finance  Charge  from  the  date  they  are 
posted to Your Account. 

Purchase,  balance  transfer,  and  cash  advance  transactions  will  accrue  finance 
charges  at  a  discounted  introductory  Daily  Periodic  Rate  of  ____________% 
(corresponding  to  an  ANNUAL  PERCENTAGE  RATE  of  ____________%)  for  the 
_____ month period immediately following the date You establish such Card. Upon 
the expiration of the introductory rate period, the Daily Periodic Rate applicable to the 
entire  balance  of  purchases  and  balance  transfers  will  immediately  increase  to  the 
non-introductory rate described elsewhere in this Agreement. 

MINIMUM MONTHLY PAYMENT. Though You need only pay the Minimum Monthly 
Payments, You understand that You have the right to repay Your Account or make 
larger payments at any time without penalty. You will only be charged periodic Finance 
Charges to the date You repay Your entire Account balance. Any partial payment or 
prepayment  of  Your  Account  will  not  delay  Your  next  scheduled  payment.  All 
payments to Us must be in lawful money of the United States. 

Charge and any payment that accelerates the reduction of Your unpaid balance will 
decrease Your Finance Charges. 

Minimum Monthly Payments for advances on Your Account will be an amount equal 
to  2.00%  of  Your  balance  at  the  end  of  each  billing  cycle,  subject  to  the  lesser  of 
$10.00 or Your Account balance, plus any portion of the Minimum Payments shown 
on  prior  statement(s)  which  remains  unpaid,  plus  any  amount  that  exceeds  Your 
approved Credit Limit 

CONSENSUAL LIEN ON SHARES. As permitted by law, You grant and consent 
to a lien on Your shares or other deposit accounts with Us (other than those 
deposits established under a governmental-approved tax deferral plan such 
as an IRA or Keogh account) and any dividends due or to become due to You 
from Us to the extent You owe on any unpaid Credit Card balance. 

OTHER SECURITY. Collateral (other than household goods or any dwelling) given as 
security under this Agreement or for any other loan You may have with Us will secure 
all amounts You owe Us now and in the future if that status is reflected in the "Truth-
in-Lending Disclosure" in any particular Agreement evidencing such debt.      

PERIODIC STATEMENT. On a regular basis, You will receive a statement showing 
all transactions on Your Account including amounts paid and borrowed since Your last 
statement. We will mail You a statement each billing cycle in which there is a debit or 
credit  balance  or  when  a  Finance  Charge  is  imposed.  We  need  not  send  You  a 
statement  if  We  feel  Your  Account  is  uncollectible  or  if  We  have  started  collection 
proceedings against You because You defaulted. Each statement is deemed to be a 
correct  statement  of  account  unless  You  establish  a  billing  error  pursuant  to  the 
Federal Truth-In-Lending Act. 

OUR RESPONSIBILITIES TO HONOR CONVENIENCE CHECKS. We are under no 
obligation to honor Your Convenience Checks if: (1) by paying a Convenience Check, 
You  would  exceed  Your  Credit  Limit;  (2)  Your  Cards or  Convenience  Checks  have 
been reported lost or stolen; (3) Your Account has been cancelled or has expired; and 
(4) a Convenience Check is used for payment on this or any other loan Account with 
Us. If a postdated Convenience Check is paid and, as a result, any other Convenience 
Check is returned unpaid, We are not responsible for any resulting loss or liability. 

TRANSACTION SLIPS. Your periodic statement will identify the merchant, electronic 
terminal,  or  financial  institution  at  which  transactions  were  made,  but  sales,  cash 
advances, credit, or other slips will not be returned with the statement. You will retain 
the copy of such slips furnished at the time of the transaction in order to verify Your 
monthly statement.  

CREDITS.  If  a  merchant  who  honors  Your  Card  gives  You  credit  for  returns  or 
adjustments, the merchant will do so by sending Us a slip which will be posted to Your 
Account. If Your credits and payments exceed what You owe Us, We will hold and apply 
this credit against future purchases and cash advances, or if it is $1.00 or more, refund it 
on Your written request or automatically deposit it to Your share account after 6 months. 

LATE  CHARGE.  If  Your  payment  is  not  received  within  55  days  of  the  Statement 
Closing Date of the statement for which that payment is due, You will be charged  the 
lesser of: (a) the amount of the minimum payment due; or (b) $25.00. 

OTHER FEES AND  CHARGES. You  will be charged the following fees and charges 
associated  with  the  use  of  Your  Credit  Card:  (a)  the  lesser of  $25.00  or the  required 
minimum payment amount for the returned payment for any check (or other negotiable 
instrument used for payment) which is returned unpaid; (b) $5.00 for each sales draft 
copy You request; (c) a cash advance fee FINANCE CHARGE in an amount equal to 
2.00% of the total amount advanced, subject to a minimum of $2.00 and a maximum of 
$50.00; (d) a balance transfer fee FINANCE CHARGE in an amount equal to 2.00% of 
the total amount transferred, subject to a minimum of $2.00 and a maximum of $50.00; 
and (e) $20.00 for each Card that You request be delivered on an expedited basis. 

DEFAULT. You will be in default if: (a) You do not make any payment or perform any 
obligation under this Agreement, or any other agreement that You may have with Us; or 
(b)  You  should  die,  become  involved  in  any  insolvency,  receivership,  or  custodial 
proceeding  brought  by  or  against  You;  or  (c)  You  have  made  a  false  or  misleading 
statement in Your credit application and/or in Your representations to Us while You owe 
money on Your Account; or (d) A judgment or tax lien should be filed against You or any 
attachment,  or  garnishment  should  be  issued  against  any  of  Your  property  or  rights, 
specifically including anyone starting an action or proceeding to seize any of Your funds 
on deposit with Us and/or (e)  We should, in good faith, believe Your ability to repay Your 
indebtedness hereunder is or soon will be impaired, time being of the very essence. 

Payments will be applied in the following order: (a) any Fees and Charges owing; (b) 
any  Finance  Charges  due;  (c)  the  balance  for  cash  advances;  (d)  the  balance  for 
balance transfers; and then to (e) the balance for purchases. 

If You are in default, We may, without notice or demand, and to the extent permitted by law, 
cancel Your rights under this Agreement, declare the entire unpaid balance immediately 
due and payable and require the return of all Cards and other Account Access devices.  

Any  unpaid  portion  of  any  Finance  Charges  and  Late  Charges  will  be  paid  by 
subsequent payments and will not be added to the principal. You understand that any 
payment that delays the repayment of Your unpaid balance will increase Your Finance 

COLLECTION COSTS. To the extent permitted by law, You will reimburse Us for all of 
Our costs and expenses, including reasonable attorneys' fees incurred in the course of 
collecting any amounts owed under this Agreement or for the recovery of any collateral. 

Copyright Oak Tree Business Systems, Inc., 2016-2022. All Rights Reserved. 

Page 2 of 3  

                                                           OTBS 016CC VP-INTRO FRB_WEB KEMB (4/22) 
Rev. (4/22) 

PAYMENT PROTECTION.  Payment protection  is  not required for  any extension of 
credit  under  this  Agreement.  However,  You  may  purchase  any  payment  protection 
available  through  Us  and  have  the  cost  added  to  the  outstanding  balance  of  Your 
Account.  If  You  elect  to  do  so,  You  will  be  given  the  necessary  disclosures  and 
documents separately. Any payment protection cost will be charged to Your Account 
as a purchase. 

ENFORCEMENT. We do not lose Our rights under this or any related agreement if 
We  delay  enforcing  them.  We  can  accept  late  payments,  partial  payments,  or  any 
other payments, even if they are marked "paid in full" without losing any of Our rights 
under this Agreement. If any provision of this or any related agreement is determined 
to be unenforceable or invalid, all other provisions remain in full force and effect. 

UNAUTHORIZED USE. You may be liable for the unauthorized use of Your Account. 
You will not be liable for the unauthorized use that occurs after You notify Us orally and 
in writing at the address or telephone number shown in this Agreement, of the loss, theft, 
or possible unauthorized use. In any case, Your liability will not exceed $50.00. 

NOTIFICATION OF ADDRESS CHANGE. You will notify Us promptly in writing if You 
move or otherwise have a change of address.  

CHANGE  IN  TERMS.  We  may  change  the  terms  of  this  Agreement  by  mailing  or 
delivering to You written notice of the changes as prescribed by the Federal Truth-In-
Lending  Act.  To  the  extent  permitted  by  law,  the  right  to  change  the  terms  of  this 
Agreement  includes,  but  is  not  limited  to,  the  right  to  change  the  periodic  rate 
applicable to Your unpaid balance and/or future advances. 

REFUSAL TO HONOR CARDS OR CONVENIENCE CHECKS. We are not liable for 
the  refusal  or  inability  of  merchants,  financial  institutions,  and  others  to  accept  the 
Cards or Convenience Checks, or electronic terminals to honor the Cards or complete 
a Card withdrawal, or for their retention of the Cards or Convenience Checks. 

LOST CARDS. To report lost or stolen Credit Cards, You will call Us immediately at 
(800) 825-3622 or (513) 762-5070 or, You can write to Us at 5600 Chappell Crossing 
Blvd., West Chester, OH 45069. 

FOREIGN  TRANSACTIONS.  For  transactions  initiated  in  foreign  currencies,  the 
exchange rate between the transaction currency and the billing currency (U.S. dollars) 
will  be:  (a) a  rate selected  by  VISA,  from the  range  of  rates  available  in  wholesale 
currency markets for the applicable central processing date, which rate may vary from 
the rate  VISA  itself  receives;  or  (b) the government-mandated  rate  in  effect  for the 
applicable central processing date. 

For  all  transactions,  You  will  be  charged  1.00%  calculated  on  the  final  settlement 
amount. Transactions initiated via the internet with merchants or other parties located 
outside of the United States of America are deemed to occur in the foreign country 
where the merchant or other party is located. 

EFFECT  OF  AGREEMENT.  Even though the sales, cash  advance, credit, or  other 
slips You may sign or receive when using the Card contain terms, this Agreement is 
the contract which solely applies to all transactions involving Your Account. 

CONSENT TO AGREEMENT. You acknowledge receipt of a copy of this Agreement. 
By signing the Application and Your Credit Card, by using the Card, by using Your 
Account, or by authorizing another to use Your Account, You agree to accept its terms. 

INTEGRATED  DOCUMENTS.  Any  separate  sheet  of  paper  labeled  "Additional 
Disclosure  -  Federal  Truth-In-Lending Act"  which  is  delivered to You and  relates  to 
this Agreement is an integrated part of this Agreement and Disclosure. 

UPDATING AND DISCLOSING FINANCIAL INFORMATION. You will provide facts to 
update personal information or other financial information related to You, at Our request. 
You also agree that We may, from time to time, as We deem necessary, make inquiries 
pertaining  to  Your  employment,  credit  standing,  and  financial  responsibility  in 
accordance with applicable laws and regulations. You further agree that We may give 
information about the status and payment history of Your Account to consumer credit 
reporting  agencies,  a  prospective  employer  or  insurer,  or  a  state  or  federal  licensing 
agency having any apparent legitimate business need for such information. 

TERMINATION. Subject to applicable law, either You or We may cancel Your Account 
at any time whether or not You are in default. You will, in any case, remain liable to 
pay any unpaid balances according to the terms of this Agreement.  

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 Our address shown in 
this Agreement. 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 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: 

•  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 $50.00 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 
$50.00. (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.  

GOVERNING LAW. This Agreement is controlled and governed by the laws of the State 
of Ohio except to the extent that such laws are inconsistent with controlling federal law. 

If  all  of  the  criteria  above  are  met  and  You  are  still  dissatisfied  with  the  purchase, 
contact Us in writing at Our address shown in this Agreement.  

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. 

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.

Copyright Oak Tree Business Systems, Inc., 2016-2022. All Rights Reserved. 

Page 3 of 3  

                                                           OTBS 016CC VP-INTRO FRB_WEB KEMB (4/22) 
Rev. (4/22) 

 
 
KEMBA CREDIT UNION, INC. 
5600 CHAPPELL CROSSING BLVD. 
 WEST CHESTER, OH 45069  
(800) 825-3622 • FAX (513) 762-1619 
(513) 762-5070 

PRICING INFORMATION ADDENDUM – 
CREDIT CARD AGREEMENT 
AND DISCLOSURE STATEMENT 

THIS IS YOUR ADDENDUM THAT CONTAINS PRICING INFORMATION FOR YOUR VISA 
PLATINUM  CREDIT  CARD.  PLEASE  BE  CERTAIN  TO  READ  THIS  ADDENDUM 
CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.   

Interest Rate and Interest Charges
Annual Percentage Rate 
(APR) For Purchases 

Annual Percentage Rate 
(APR) For Balance Transfers 

Annual Percentage Rate 
(APR) For Cash Advances 

Paying Interest 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

Fees
Transaction Fees 

  Foreign Transaction   
  Balance Transfer         
  Cash Advance 

Penalty Fees 

  Returned Payment  
  Late Payment  

0.00% Introductory APR for 12 months.    
After that, Your APR will be 9.90%. 
0.00% Introductory APR for 24 months.    
After that, Your APR will be 9.90%. 

0.00% Introductory APR for 12 months.    

After that, Your APR will be 9.90%. 

0.00% Introductory APR for 24 months.    

After that, Your APR will be 9.90%. 

0.00% Introductory APR for 12 months.    

After that, Your APR will be 9.90%. 

0.00% Introductory APR for 24 months.    

After that, Your APR will be 9.90%. 

We will not charge You interest on purchases if You pay Your entire balance owed each 
month within  25 days of Your statement closing date. We will begin charging  interest on 
cash advances and balance transfers on the transaction date. 
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. 

1.00% of each transaction in U.S. dollars. 
2.00% of each transfer ($2.00 minimum - $50.00 maximum). 
2.00% of each advance ($2.00 minimum - $50.00 maximum). 

Up to $25.00  
Up to $25.00 

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See Your 
Account Agreement for details. 

Billing  Rights:  Information  on  Your  rights  to  dispute  transactions  and  how  to  exercise  those  rights  is  provided  in  Your 
Account Agreement. 

FINANCE CHARGES. In the case of any transactions on Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding 
during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance 
transfers, cash advances, insurance premiums, debit adjustments, or other charges and subtract any payments, credits, and unpaid Finance Charges or Late Charges. This gives 
Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle 
is computed by multiplying the average daily balance subject to a Finance Charge by the Daily Periodic Rate times the number of days in the billing cycle. 

You can avoid Finance Charges on purchases by paying the full amount of the entire balance owed each month within 25 days of Your statement closing date. Otherwise, 
the new balance of purchases, and subsequent purchases from the date they are posted to Your Account, will be subject to a Finance Charge. Cash advances and balance 
transfers are always subject to a Finance Charge from the date they are posted to Your Account. 

For VISA Platinum Credit Card transactions that are subject to a 12-month discounted introductory rate, transactions for purchases, balance transfers, and cash advances 
will accrue finance charges at a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE RATE of 0.00%) for the 12-month 
period immediately following the date Your Account is established. Upon the expiration of the introductory rate period, the Daily Periodic Rate applicable to the entire balance 
of purchases, balance transfers, and cash advances will immediately increase to 0.027123% (corresponding to an ANNUAL PERCENTAGE RATE of 9.90%). 

For VISA Platinum Credit Card transactions that are subject to a 24-month discounted introductory rate, transactions for purchases, balance transfers, and cash advances 
will accrue finance charges at a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE RATE of 0.00%) for the 24-month 
period immediately following the date Your Account is established. Upon the expiration of the introductory rate period, the Daily Periodic Rate applicable to the entire balance 
of purchases, balance transfers, and cash advances will immediately increase to 0.027123% (corresponding to an ANNUAL PERCENTAGE RATE of 9.90%). 

Copyright Oak Tree Business Systems, Inc., 2016-2022. All Rights Reserved. 

 OTBS 016A CC VP-INTRO FRB_Web KEMB (4/22) 
Rev. (1/17)