[COVER] 

Cardmember  Agreement,  Disclosure  Statement  and 
Security Agreement 
Please keep this booklet for future reference 
It contains important cardmember information 

[FIRST REVEAL—LEFT] 

Valued Cardmember, 

This booklet describes important terms and conditions that apply to your credit card account. 
First National Bank of Omaha is the issuer of the Card. As such, we want to be clear in how we 
share this information with you, to help you stay in control and make well-informed decisions 
about your account. 

[FIRST REVEAL—RIGHT] 

Contents  of  this  Cardmember  Agreement,  Disclosure 
Statement and Security Agreement 

1. Defining some common terms used in this document 
2. How you may use the account and security interest 
3. How we determine and apply account payments 
4. How certain rates are calculated and may change 
5. How we calculate interest charges and the balances subject to interest 
6. How we determine certain account fees and additional information on certain transactions 
7. When we may close or require immediate payment of your account 
8. How account terms may change and certain rights 
9. How to use your account without using your credit card 
10. How cardmember benefits and reward programs work 
11. How we communicate with you and share information with credit bureaus 
12. Transferring your account and laws that govern your account with us 
13. Scope of our agreement with you 
14. Claims and Arbitration of disputes  
15. Your billing rights as a cardmember  

SGA714 

1 

          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1. Defining some common terms used in this document 
This section explains what this document means when it uses common terms like “us,” “you” or 
“agreement.” These detailed definitions help us avoid repeating long terms over and over 
again—which helps make the document easier to read. 

This Cardmember Agreement, Disclosure Statement and Security Agreement together with the 
accompanying Rates and Terms Schedule (“Schedule”) govern your account with First Bankcard 
(a division of First National Bank of Omaha) and are collectively referred to below as the 
“Agreement”. The Schedule provides important information about annual percentage rates, 
specific types and amounts of finance charges and fees that may be charged to your account 
under certain circumstances and other important information about your account. Please read 
this Cardmember Agreement, Disclosure Statement and Security Agreement and the 
Schedule carefully and retain both for future reference. 

As used in this Agreement, the words “you” and “your” mean each person named on the 
application for the account and anyone else who uses the account in any way. The terms “we”, 
“us” and “our” mean First Bankcard (a division of First National Bank of Omaha). Using or 
allowing someone else to use your account means you accept the terms of the Agreement. This 
Agreement contains our most current terms and supersedes earlier materials you may have 
received.  (Please note: although your account will generally have monthly billing cycles, your 
first billing cycle may be more or less than one month.  All credit terms, including minimum 
finance charges, will apply in each billing cycle including the first billing cycle.) 

BALANCE CATEGORIES: We will keep track of the activity on your account in different 
“Balance Categories”. Unless we tell you otherwise, these are the Balance Categories we will 
use: 

“Purchases” which will result from use of your card or your account number to purchase 
goods and services; 

“Cash Advances” which will result from cash advances you request, use of checks or 
similar instruments (including electronic form or otherwise) that we provide (unless we 
tell you they will be treated differently), and Cash Equivalent Transactions (as defined 
later in this Agreement); 

“Balance Transfers” which will result from balance transfers that you request by any 
means, including balance transfer checks or similar instruments (including electronic 
form or otherwise); and 

“Special Offers” which will result from use of your card or your account number to take 
advantage of special, introductory or promotional offers that we identify to you from time 
to time. Each Special Offer may be considered a separate Balance Category. 

2. How you may use the account and security interest 
This section explains a few basic rules about how you and others may use your account, your 
responsibility for the account, and how we may limit your use of the account. It also details the 
terms associated with the security interest and collateral. 

SGA714 

2 

          
 
ACCOUNT USE: You may use your card, your account number or checks or similar instruments 
(including electronic form or otherwise) that we send to you to make purchases and balance 
transfers and to obtain cash advances. Each time you use your account, you are representing that 
you intend, and have the ability, to repay all amounts due on your account. You are responsible 
for all charges made by anyone you allow to use your account, even if they charge more than you 
intended. If you ask us to issue a card to someone, you are responsible for their charges until you 
return their card to us or until you notify us that use of their card is no longer authorized, 
whichever occurs first. We may consider charges made by your immediate family as authorized 
by you and your responsibility. If unauthorized use of your account occurs, you agree to 
cooperate with us and law enforcement authorities in identifying the unauthorized user. You are 
each jointly and severally liable for all amounts due on this account regardless of which of you 
uses it or benefits from that use. 

OUR SECURITY INTEREST: You have provided us with funds that will serve as collateral for 
your credit card obligations to us. You have: (i) relinquished all possession and control over the 
funds you have provided; and (ii) pledged, assigned and granted to us a security interest in those 
funds, the corresponding deposit, including subsequent add-on deposits, if any, and any 
instrument that we may issue evidencing that deposit (collectively, the “Collateral”). If you fail 
to pay or otherwise default on your credit card obligations to us, we may:  (1) without advance 
notice, take any or all of that Collateral and apply as payment towards your credit card 
obligations; and (2) pursue other legal remedies.  We may, at our discretion and subject to credit 
approval, unsecure your account by returning the Collateral to you.  If we unsecure your account 
by returning the Collateral to you, this section, and all other references to the Collateral and our 
Security Interest in the Collateral in this Agreement, will no longer be applicable to your 
Account. 

CREDIT LIMIT/AUTHORIZATIONS: You agree (1) not to exceed the credit limit we establish 
for you and (2) to immediately pay any amount in excess of your credit limit. If your account is a 
joint account, each of you may request credit limit increases (unless you are less than twenty-one 
years of age and were required by law to have a joint account, in which case, all joint account 
owners must approve and assume joint liability for any request for increase). We may raise or 
lower your credit limit at our discretion and may restrict the amount of the credit limit available 
for cash advances and balance transfers. You may not use your account for (and we may decline 
authorization for) any illegal transaction. American Express Cards are not presently accepted for 
the purchase of bets, lottery tickets or casino gaming chips. We may, in our discretion and to the 
extent permitted by law, restrict or delay the availability of credit to you for our risk management 
purposes and to protect you and us against actual or potential fraud, unauthorized transactions, or 
claims. We are not liable for declining authorization for any particular transaction, regardless of 
our reason. 

3. How we determine and apply account payments  
This section explains your responsibility for making account payments, how we determine the 
amounts you must pay and how we apply payments to your account.  

PAYMENTS:  

(A)  Promise to Pay: You promise to pay all amounts due on your account. You agree to 
review your billing statements and to notify us promptly of any errors (see “Your Billing 

SGA714 

3 

          
 
Rights” below). If you do not promptly notify us of a billing error, you agree that your billing 
statement will be considered proof of the amount you are obligated to pay. You may pay all 
or a part of the balance on your account at any time. However, you must pay at least the 
minimum payment shown on your billing statement by the due date. You agree to follow the 
requirements for payments that we set forth on your billing statement from time to time, 
including requirements that payments be made in United States Dollars and that checks be 
drawn on a United States bank.  If we choose to accept a payment that is not in United States 
Dollars or not drawn on a United States bank, you agree to pay any collection or conversion 
fees assessed to us by third parties. We may accept payments which are marked “payment in 
full” or with similar markings without losing our right to receive payment in full. Partial 
payments offered in full satisfaction of a disputed amount must be sent to the address for 
notice of billing errors shown on your billing statement. We reserve our rights as to all such 
payments. 

(B)  Minimum Payment Calculation: The amount of your minimum payment will be 
indicated on your billing statement and calculated as shown on the Schedule. 

(C)  Application of Payments: We may apply your payments in the order we choose from 
time to time.  We must, however, comply with applicable law governing application of your 
payments.  Currently, this means that if you make a payment in excess of the required 
minimum payment, we must apply the excess amount first to your Balance Category with the 
highest Annual Percentage Rate.  Any remaining portion of that excess amount must be 
applied to your other Balance Categories in descending order based on their applicable 
Annual Percentage Rates. Until we determine a payment is unlikely to be returned for 
insufficient funds or for some other reason, your available credit may not reflect the payment. 

(D)  Application of Credits: We will apply credits to your account as promptly as required 
by law. Credits may be applied to the Balance Categories that we choose, even if those 
Balance Categories are different than the Balance Categories of the transactions giving rise to 
the credits. A credit may be applied on the date of the credit transaction. In some cases, 
however, credits may not be posted to your account until a billing cycle occurring after the 
date of the credit transaction. 

4. How certain rates are calculated and may change 
This section provides basic information about how we calculate certain interest rates that may 
apply to your account and the circumstances that can trigger increases in APRs. 

FIXED RATE INFORMATION:  If any Annual Percentage Rate is expressly labeled or 
described as “fixed” on your account, that fixed rate will not change for any reason during (i) its 
specified duration; or (ii) the life of the applicable balance or account if either no duration is 
specified or the duration is indefinite.  If any Annual Percentage Rate is not expressly labeled 
or described as “fixed”, it is not a fixed rate. 

VARIABLE RATE INFORMATION: If any Annual Percentage Rate is variable, your rate is 
determined by adding the applicable Margin to the applicable Index (in some cases, the 
applicable Margin may be subtracted from the applicable Index). The daily periodic rate is 
1/365th (1/366th during leap years) of the Annual Percentage Rate. The Schedule will show if 
you have a variable rate and will describe your Index and Margin. An increase in the Index will 

SGA714 

4 

          
 
 
increase the applicable Annual Percentage Rate and daily periodic rate, which may increase the 
minimum payment due on your account. 

RATE INCREASES DUE TO TRIGGERING EVENTS:  We may increase any or all of your 
Introductory or Special Offer Annual Percentage Rates if one of these “Triggering Events” 
occurs: you fail to make a minimum payment to us when due; you exceed your credit limit with 
us; or you make a payment to us that is dishonored for any reason.  If we increase your rates due 
to a Triggering Event, we may determine the amount of the increase based on how you have 
handled your account with us and current and historical information regarding your credit in 
general.  We will give you a notice of the increase.  The highest rate that may apply because of a 
Triggering Event will be the Preferred Rate(s) shown on the Schedule.  Increased rates will not 
apply to balances that you incur prior to or within 14 days after we provide the notice of 
increase.  Increased rates due to Triggering Events may not occur prior to the first anniversary of 
opening your account.  Rate increases may remain in effect indefinitely.   

RATE INCREASES IF YOU ARE 60 DAYS LATE: If we do not receive your required 
minimum payment within 60 days after its due date, the rules in the preceding paragraph apply, 
but are modified as follows: (1) increased rates may apply to balances incurred prior to and after 
the notice of increase; (2) increased rates may apply before the first anniversary of opening your 
account; and (3) increased rates will cease to apply if we receive six consecutive monthly 
minimum payments on or before their payment due dates, beginning with the first payment due 
date following the effective date of the increase (when an increased rate ceases to apply, the rate 
in effect before the increase will again apply as disclosed). 

5. How we calculate interest charges and the balances subject to interest 
This section helps explains how we determine the amount of your periodic rate finance charges 
(interest charges) for different account transactions. It also explains how you can avoid or 
reduce these interest charges. This section also explains how we determine the balances of your 
account that will be subject to interest charges at the end of each billing cycle.  

ACCRUAL OF FINANCE CHARGES: Except as provided in “Grace Period” below, we will 
accrue periodic rate finance charges on each of the Balance Categories from the date of each 
transaction or the first day of the billing cycle in which the transaction is added to your account, 
whichever is more recent.  

GRACE PERIOD: If (1) you pay your New Balance in full, as shown on your current billing 
statement, on or before the due date (which will be at least twenty-one (21) days from the closing 
date of the billing cycle) and (2) we received payment in full of your New Balance indicated on 
your previous billing statement by its due date or that New Balance was zero or a credit, periodic 
rate finance charges will not be assessed on Purchases shown on your next billing statement. 
Payment in full is generally required to obtain the benefit of the grace period.  We will, however, 
give you the benefit of the grace period for partial payments to the extent required by law (please 
be aware, however, that this requirement only exists in limited circumstances).  The grace period 
applies only to Purchases and if notified, Special Offers.  It does not apply to Balance Transfers 
or Cash Advances. 

SGA714 

5 

          
 
 
 
PERIODIC RATE FINANCE CHARGES: Periodic rate finance charges will be calculated 
using daily periodic rates which correspond to certain Annual Percentage Rates. These rates 
may be different for Purchases, Balance Transfers, Cash Advances, and Special Offers. 

(A) If your account was opened with an Introductory Rate(s), the rate(s) for your account will 
be at the Introductory Rate(s) shown on the Schedule. The Introductory Rate(s) will continue 
in effect as shown on the Schedule. 

(B) After the Introductory Rate(s) expire (or if your account does not have an Introductory 
Rate), the Preferred Rate(s) for your account will be the rate(s) shown on the Schedule. 
Those Preferred Rates may be variable. 

FINANCE CHARGES AND BALANCE CALCULATIONS: We use the Average Daily 
Balance (including new purchases) method to compute a portion of the Finance Charges on 
your account. We calculate periodic rate finance charges separately for each Balance Category.  

(A) 

To compute Billed Periodic Rate Finance Charges: 

(1)  For each Balance Category, we multiply your Daily Balance (see below) by the 

applicable daily periodic rate for each day of the billing cycle; then  

(2)  We add together all of the products calculated in (1) above. 

(B) 

To compute the Daily Balance for each Balance Category: 

(1)  We take the Beginning Balance of each day; 

(2)  Add any new transactions (such as purchases, balance transfers, cash advances 
and debit adjustments, as applicable) and any new fees; 

(3)  Subtract any applicable payments, credits, or credit adjustments; and 

(4)  We treat a credit balance as a balance of zero. 

For purposes of these computations, we may delay adding some fees to your Daily 
Balance (for example, some fees may not be added to your Daily Balance until the 
billing cycle after they are imposed).  We may also subtract some payments or portions 
of some payments from your Daily Balance earlier than when they were actually 
received (for example, for grace period purposes, portions of some payments received 
in one billing cycle may be considered applied to your Purchase Balance Category or 
Special Offer Balance Category, as applicable, at the end of the prior billing cycle). 

We add the amount calculated in accordance with (A) (1) above to the Daily Balance and this 
amount becomes the Beginning Balance for the next day.  

On your billing statement, we will calculate an Average Daily Balance for each Balance 
Category by adding all your Daily Balances for that Balance Category and dividing that amount 

SGA714 

6 

          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
by the number of days in the billing cycle. If you multiply the Average Daily Balance for a 
Balance Category by its daily periodic rate and multiply the result by the number of days in the 
billing cycle, the total will equal the Billed Periodic Rate Finance Charges for that Balance 
Category, except for minor variations due to rounding.  

Billed Periodic Rate Finance Charges shall also be referred to and appear on your statement 
labeled as “Interest Charge” for each Balance Category. The Interest Charges for each Balance 
Category shall be totaled on your statement and listed as the “Total Interest”.  Cash advance, 
balance transfer, and foreign transaction fee Finance Charges, if any, will be listed under the 
“Fees” heading on your billing statement and all fees will be totaled to determine “Total Fees”.  
This Agreement provides for daily compounding of finance charges and fees. 

MINIMUM FINANCE CHARGE: If periodic rate Finance Charges are billed in any billing 
cycle, the minimum Billed Periodic Rate Finance Charge will be as shown on the Schedule. We 
may allocate your minimum Billed Periodic Rate Finance Charge among your various Balance 
Categories in the manner that we select from time to time.  The “minimum Billed Periodic Rate 
Finance Charge” will appear on your statement as the “Minimum Interest Charge” under the 
Fees heading. 

6. How we determine certain account fees and additional information on certain 
transactions 
This section describes the account maintenance fees, transaction fees and other fees that may 
apply to your account as well as additional information on various types of transactions. 

ANNUAL FEE: If your account has an annual membership fee, it is shown on the 
accompanying Schedule and will be charged to your account as a Purchase. If no annual fee is 
shown, then your account has no annual fee.  

MONTHLY MAINTENANCE FEE:  If your account has a monthly maintenance fee, it is 
shown on the accompanying Schedule and will be charged to your account as a Purchase.  If no 
monthly maintenance fee is shown, then your account has no monthly maintenance fee.   

OTHER FEES (such as late payment and service fees): We may charge additional fees as in 
effect from time to time as referenced below.  The amount charged for these fees is shown in the 
Schedule unless otherwise indicated.  Each of the below fees will be added to the Balance 
Category that we select. 

Late Fee.  For each minimum payment which is not received by the payment due date or 

is dishonored for any reason, we may charge you a late fee as disclosed on the accompanying 
Schedule according to the amount of your New Balance.   

Payment Dishonored Fee.  A payment dishonored fee may be assessed as indicated on 
the Schedule for: (i) any payment on your account which is dishonored or returned unpaid for 
any reason (including any payment returned because it is not signed, authorized or cannot be 
processed for any reason); and (ii) any Balance Transfer, Cash Advance, Special Offer check or 
similar instrument (including electronic form or otherwise) that is dishonored for any reason or 
for which we refuse to pay.   

Stop Payment Fee.  A stop payment fee may be assessed as indicated on the Schedule for 

any stop payment order you request us to make.  

SGA714 

7 

          
 
 
Copy Fees and Additional/Replacement Card Fees.  We may charge you a fee for (i) each 

sales draft copy you request (unless the request is related to an actual billing error); (ii) each 
additional or replacement card requested; and (iii) for each copy of a billing statement that you 
request.  

Expedited Card Fees.  We may charge you a fee for an expedited delivery of additional 

or replacement cards.  This fee is not listed on the Schedule but will be disclosed to you upon 
your request of such expedited delivery.  

Expedited Payment Fee.  Subject to applicable law, we may charge you a fee for making 

an expedited payment to us which requires assistance from one of our customer service 
representatives.  This fee is not listed on the Schedule but will be disclosed to you upon your 
request of such expedited payment assistance. 

ATM Surcharge.  For all ATM transactions, a surcharge may be imposed by the ATM 

operator.  This surcharge is imposed by third parties and will be charged to your account. 

BALANCE TRANSFERS: We may permit you to transfer balances from other credit card 
companies or financial institutions to your account up to the amount of your  credit limit we 
make available for balance transfers.  If you request an amount that we do not approve, we may 
process a partial transfer for less than you requested or we may decline the entire request.  You 
may not transfer any balance you owe from any other First National Bank of Omaha account or 
any of your accounts with any of our related companies.  You should not transfer any amount 
that is in dispute in order to preserve your dispute rights. You should continue to monitor the 
other accounts that you request to transfer balances from and you should continue to pay the 
minimum payments due on those accounts until you receive statements from those creditors 
showing that the balances due them have been paid in full. This may not happen until after the 
balance transfer appears on your billing statement from us.  You are liable for any late payments, 
finance charges or disputed amounts on your other accounts.  If you want your other accounts 
closed following a balance transfer, you are responsible for doing so. 

We may also permit you to extend a Balance Transfer promotional period and APR on your 
account (otherwise referred to as a Special Offer or Introductory period and APR).  This will be 
treated as a balance transfer in the amount of the balance outstanding as of the last day of the 
applicable promotional period and APR which is being extended.   

We will charge you a balance transfer fee Finance Charge for any balance transfer as shown on 
the accompanying Schedule. No grace period will apply when calculating finance charges for a 
balance transfer. 

CASH ADVANCE FEE FINANCE CHARGES: A cash advance fee Finance Charge will be 
imposed on cash advance transactions as shown on the Schedule. Cash advance fee finance 
charges will be added to your Cash Advances Balance Category. 

CASH EQUIVALENT TRANSACTIONS: Cash advance fee Finance Charges for Cash 
Equivalent Transactions will be charged as indicated on the Schedule. Cash Equivalent 
Transactions are those transactions performed using a merchant or service provider that 
American Express identifies as a seller of travelers checks, foreign currency, money orders, wire 
transfers, lottery tickets, funds used for wagers or gambling, or similar products or services. 
American Express Cards are not presently accepted for the purchase of bets, lottery tickets or 
casino gaming chips.  These transactions are also treated as cash advances for all other purposes 

SGA714 

8 

          
on your account. Cash advance fee finance charges for Cash Equivalent Transactions will be 
added to your Cash Advances Balance Category. 

FOREIGN TRANSACTION FEE FINANCE CHARGE: A foreign transaction fee Finance 
Charge may be assessed on all transactions made (i) in currencies other than United States 
Dollars; (ii) with a foreign merchant (whether in foreign currency or in United States Dollars); or 
(iii) outside the United States. The foreign transaction fee Finance Charge will be equal to a 
certain percentage of the amount of each foreign transaction (after conversion to United States 
Dollars) as shown on the Schedule. These fees will be added to the Balance Category that we 
select (for example, the Balance Category in which the foreign transaction is posted).   

American Express applies a foreign transaction fee of 1% to the amount of each foreign 
transaction.  This 1% is included as part of any foreign transaction fee Finance Charge shown 
on the Schedule.  If your account does not have a foreign transaction fee Finance Charge 
indicated on the Schedule, you will not be assessed this 1% foreign transaction fee.  

TRANSACTIONS  MADE  IN  FOREIGN  CURRENCIES:    Transactions  made  in  currencies 
other than United States Dollars will be converted to United States Dollars under the then current 
regulations  of  American  Express.  Unless  a  particular  rate  is  required  by  applicable  law,  the 
current  currency  conversion  rate  used  by  American  Express  is  a  wholesale  interbank  rate 
selected  on  the  business  day  prior  to  the  day  on  which  the  transactions  are  processed  by 
American  Express.    The  currency  conversion  rate  in  effect  on  the  date  your  transaction  is 
processed may differ from the rates in effect on the transaction date or the posting date. 

7. When we may close or require immediate payment of your account  
This section describes what events can cause us to require immediate payment of your entire 
account balance and when we can terminate or suspend your ability to use the account.  

REASONS FOR REQUIRING IMMEDIATE PAYMENT: Subject to applicable law and any 
right to cure that you may have under that law, we may require immediate payment of your 
entire account balance if:  

(1) you do not make any minimum payment to us when due;  

(2) you exceed your credit limit;  

(3) you make a payment to us that is dishonored for any reason;  

(4) you die or become insolvent; 

(5) you give us false or misleading information;  

(6) a petition is filed by or against you in any bankruptcy, reorganization, arrangement, 
insolvency, readjustment of debt, dissolution or liquidation proceeding;  

(7) a receiver, liquidator or trustee is appointed for you or any of your property, or you 
make an assignment for the benefit of creditors; 

SGA714 

9 

          
 
 
 
 
 
 
 
 
(8) you are generally not paying or have announced that you will not pay your debts as 
they come due;  

(9) a breach occurs under any note, loan agreement, or other obligation for borrowed 
money to which you are a party; 

(10) a material adverse change occurs in your financial or other condition;  

(11) you violate this Agreement or any other agreement you make with us; OR 

(12) if we have reason to doubt your ability to repay us.  

Our acceptance of a payment after one or more of the preceding events does not waive our right 
to require immediate payment of your entire account balance. 

TERMINATION OR SUSPENSION OF CREDIT PRIVILEGES: We may at any time, with or 
without cause and without advance notice, terminate this Agreement and/or temporarily or 
permanently suspend your credit privileges. This includes, but is not limited to, situations where 
you have violated this Agreement or where we have reason to doubt your creditworthiness (for 
example, if you pay us with insufficient funds checks on more than an occasional basis). Your 
obligations under this Agreement continue after your rights to obtain credit have been terminated 
or suspended. 

8. How account terms may change and certain rights 
This section explains how we may change the rates, fees and other terms of your account and 
this agreement at any time, after we give you any notice required by law.  This section also 
identifies certain rights. 

IMPORTANT NOTICE REGARDING CHANGES IN TERMS: Subject to applicable law, we 
may unilaterally change the Annual Percentage Rates, fees and other terms of this Agreement at 
any time, including after your account is closed (and regardless of the reason you or we closed 
the account). This includes modifications, deletions and the addition of new provisions, 
including non-financial provisions (for example, we may add provisions relating to our 
enforcement rights or the resolution of claims and disputes). If we make changes, we will send 
you all notices required by law.  Unless we explain otherwise in a change in terms notice you 
receive, the following rules will apply: (1) changes will be automatically effective on the date we 
specify and without the necessity of any further assent on your part; and (2) use of your account 
is not necessary for a change in terms to be effective. 

OUR RIGHTS:  Our failure to exercise, or our delay in exercising, any of our rights under the 
Agreement for any reason will not mean we are unable to exercise those rights later.  We may, 
from time to time on a consistent or inconsistent basis, take (or refrain from taking) certain 
actions that benefit you but that are not required by this Agreement or applicable law.  Any such 
course of dealing or course of performance shall not be considered to add to our legal obligations 
to you under this Agreement.  We may discontinue any such course of dealing or course of 
performance at any time without prior written notice. 

SGA714 

10 

          
 
 
 
 
 
 
9. How to use your account without using your credit card 
Your account is more than the plastic card itself. There are other ways to access your credit line 
including by check or other credit access device. This section identifies how such checks and 
devices will be treated and different APRs that may apply other than your normal purchase rate. 

CHECKS THAT ACCESS YOUR ACCOUNT: Any checks or similar instruments (including 
electronic form or otherwise) that we provide to you or issue on your behalf will be treated as 
cash advance transactions, unless we indicate otherwise (for example, we may indicate that 
certain Special Offer checks used to make balance transfers will be treated as Purchases). To stop 
payment on a check or similar instrument (including electronic form or otherwise), you must 
notify us of the number and amount of the check or similar instrument before we receive it (we 
need not stop payment on checks or similar instruments that we issue on your behalf). We may 
pay post-dated checks or similar instruments (including electronic form or otherwise) unless you 
follow the procedure for stop payments. Checks or similar instruments (including electronic form 
or otherwise) that we provide to you may not be used to make payments on any account you 
have with us. 

10. How cardmember benefits and reward programs work 
Our popular cardmember rewards programs may be managed by a third-party company and 
their details are covered under a separate agreement. 

CARDMEMBER BENEFITS AND REWARDS: Cardmember benefits and rewards are subject 
to change or termination without notice. Cardmember benefits and rewards may be provided by 
third parties; we are not liable for such benefits or rewards or for the actions or omissions of 
those third parties.  If there is any rewards membership fee on your account, it will be outlined in 
your rewards terms and conditions document and will be charged to your account as a purchase. 

11. How we communicate with you and share information with credit bureaus 
This section explains how we may retain your phone numbers or addresses and use them to 
contact you later if we need to reach you. It also explains how we report information about your 
account to credit reporting agencies and reminds you to notify us of a change of address 10 days 
before you move. 

COMMUNICATIONS WITH YOU AND OTHERS: We may call or e-mail you (using live 
operators, automatic dialing devices, or recorded messages) at home or work and those calls or e-
mails will not be considered unsolicited. If you provide a cell phone number to us, either on the 
application or to a representative, or if you place a cell phone call to us, you agree that we may 
contact you (including for collection purposes) at that cell phone number. We may monitor or 
record any calls we make or receive. If you provide us with an e-mail address, either on the 
application or to a representative or if you send us an e-mail, you agree that we may contact you 
(including for collection purposes) at that e-mail address. 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. We may make inquiries of third parties in connection with 
maintaining and collecting your account, and you authorize such third parties to release 
information about you to us. To the extent permitted by law, we may share and you agree that we 
may share information related to your account with American Express. You agree to notify us of 
any change in your mailing address at least ten (10) days before such change. If mailed, notices 
to you shall be considered given when we include the notice on or with your billing statement or 

SGA714 

11 

          
 
when we deposit the notice in the U.S. mail addressed to the most recent address we have for 
you. 

12. Transferring your account and laws that govern your account with us 
This section explains how we may transfer your account and our rights to other parties. It also 
explains that you may not transfer your rights or duties under the agreement to another person.  
It also identifies the laws that govern your account and this agreement. 

TRANSFERS: We may transfer all or part of your account balance, along with our rights under 
this Agreement, to another person or entity. That person or entity will then be entitled to enforce 
our rights under this Agreement. You may not transfer your rights or obligations under this 
Agreement. 

GOVERNING LAW: The interpretation and enforcement of this Agreement (including the 
exportation of interest rates) shall be governed by FEDERAL law and to the extent state law 
applies, NEBRASKA law, regardless of conflict of law principles. If there is any conflict 
between any of the terms and conditions of this Agreement and applicable law, this Agreement 
will be considered changed to the extent necessary to comply with applicable law.  Where this 
Agreement provides that we may exercise discretion in taking certain actions, those provisions 
are not intended to authorize us to take actions that are contrary to applicable law.  We have 
additional obligations under applicable law. We are not excused from complying with those 
obligations simply because they are not detailed in this Agreement.  You agree that all terms of 
this Agreement are material to the determination of interest. 

13. Scope of our agreement with you 
This section helps explain the scope of our agreement with you and how it will be applied and 
interpreted. 

ENTIRE AGREEMENT AND SEVERABILITY: This Agreement, as modified by any change 
in terms we may provide, supersedes any prior communications between you and us. Any invalid 
or unenforceable provision of this Agreement will not affect whether any other provision is valid 
or enforceable. 

SECTION HEADINGS AND SUMMARIES: The section headings and summaries provided in 
this Agreement are provided only for your and our convenience. The section headings and 
summaries do not define or describe the entire scope or intent of any portion of this Agreement.  

14. Claims and Arbitration of disputes  
Arbitration is a process by which an impartial arbitrator resolves a dispute, instead of a court. 
This section explains which claims and disputes may be resolved by arbitration and the rules and 
limitations that apply in arbitration.  This section also explains the treatment and limitation of 
claims. 

 “CLAIMS” AND RELATED DEFINED TERMS:  When this Agreement refers to a “Claim” it 
means any pre-existing, present or future claim, dispute or controversy that arises from or in any 
way relates to:  (a) this Agreement, any prior Cardmember Agreement, your credit card account, 
the credit we offer or deny to you in connection with your credit card account, any advertising or 
application for your credit card account, or the benefits, rewards or other products or services 

SGA714 

12 

          
 
that are offered in connection with your credit card account; or (b) the acts or omissions of you, 
of us, or of Related Parties if those acts or omissions affect or relate to your credit card account 
or any benefits, rewards or other products or services related to your credit card account.  Claims 
include, but are not limited to, claims based on contract and tort (including intentional torts), 
claims made in law or in equity, claims based on constitutional, statutory, regulatory and 
common law rights, and claims for damages, penalties and injunctive, declaratory or equitable 
relief. When the term “you” is used in this provision on “Claims” or in the provisions on 
“Limitations on Claims” or “Arbitration”, that term means you and any of the following people 
who will be considered “Your Related Parties”: any co-applicant, joint cardmember, authorized 
user or guarantor on your credit card account, your heirs and your trustee in bankruptcy.  
References to “Our Related Parties” in this Agreement includes affiliated third parties such as 
our parent, subsidiaries, and affiliates and our and their officers, directors, agents, employees, 
representatives, successors and assigns. “Our Related Parties” also include unaffiliated third 
parties that provide products, services or benefits (to you or to us) in connection with your credit 
card account or that have otherwise participated in the marketing or servicing of your credit card 
account.  Any Claim or Claims brought by or on behalf of a class, brought in a representative 
capacity or otherwise on a class basis, or brought in the form of a private attorney general action 
are referred to as “Class Proceedings” regardless of whether they are commenced in court or in 
arbitration. 

LIMITATIONS ON CLAIMS:  Before we bring a Claim against you, we must notify you in 
writing of our Claim, including the amount of the Claim.  Before you bring a Claim against us, 
you must notify us in writing of your Claim, including the amount of the Claim.  If we have a 
Claim based on a payment obligation that you may have to us: (1) our notification requirement 
will be considered satisfied by sending you a billing statement within the time required by 
applicable law and regulation; and (2) you will be afforded the period of time allowed by this 
Agreement and applicable law to make the payment before we commence court proceedings or 
arbitration.  If you have a Claim based on something we or Our Related Parties may have done 
or failed to do: (1) you agree to provide your notification to us within 90 days after the time you 
could have first learned what we or Our Related Parties did or failed to do; and (2) we will be 
afforded a reasonable period of time to take corrective action before you commence court 
proceedings or arbitration. 

You and we both agree, to the fullest extent allowed by law, that: (i) Claims will not under any 
circumstances be pursued in Class Proceedings; (ii) we waive the right to bring or to participate 
in Class Proceedings against you; and (iii) you waive the right to bring or to participate in Class 
Proceedings  against us.  If some other person initiates a Class Proceeding against you, we may 
not join that proceeding or participate as a member of that class.  If some other person initiates a 
Class Proceeding against us, you may not join that proceeding or participate as a member of that 
class.  This paragraph is referred to below as the “Class Action Waiver”.   

ARBITRATION: 

THIS CONTRACT CONTAINS AN ARBITRATION PROVISION WHICH MAY BE 
ENFORCED BY THE PARTIES.  PLEASE READ THE FOLLOWING PARAGRAPHS 
CAREFULLY: 

SGA714 

13 

          
 
WITH LIMITED EXCEPTIONS, THIS ARBITRATION PROVISION ALLOWS 
EITHER PARTY TO REQUIRE THAT ANY “CLAIM” (AS DEFINED ABOVE) BE 
RESOLVED BY BINDING ARBITRATION. 

ARBITRATION REPLACES THE RIGHT TO GO TO COURT AND TO HAVE A 
CLAIM DETERMINED BY A JURY.  OTHER RIGHTS YOU MAY HAVE IN COURT, 
SUCH AS DISCOVERY OR APPEAL RIGHTS, MAY NOT BE AVAILABLE OR MAY 
BE MORE LIMITED IN ARBITRATION. EXCEPT AS PROVIDED BELOW, THOSE 
OTHER RIGHTS ARE WAIVED.  

YOU WILL NOT BE ABLE TO DO THESE TWO THINGS (IN COURT OR IN 
ARBITRATION): (1) BRING A CLAIM AS A CLASS ACTION OR IN A 
REPRESENTATIVE CAPACITY; OR (2) PARTICIPATE IN A CLAIM AS A CLASS 
MEMBER.  

Except as provided below: (1) you may unilaterally choose to have any Claim that we bring 
against you resolved through binding arbitration; and (2) we may unilaterally choose to have any 
Claim that you bring against us (or us and any of Our Related Parties) resolved through binding 
arbitration. If you assert a Claim against any of Our Related Parties, but you do not also assert 
that Claim against us, the Related Party (or whoever will be defending the Related Party) may 
unilaterally choose to have that Claim resolved through binding arbitration.  If a court 
proceeding is commenced, the party that commenced that court proceeding may unilaterally 
choose to have any counterclaim, cross-claim, or third party claim brought in that proceeding 
resolved through  binding arbitration.  If a party chooses to have a Claim resolved by 
arbitration pursuant to this arbitration provision, neither you nor we will have the right to 
litigate that Claim in court, have a jury trial on that Claim, or engage in pre-arbitration 
discovery, except as provided for in the applicable Arbitration Rules of the selected 
Arbitrator(s) and as otherwise set forth in this arbitration provision. 

“Ordinary Claims” are not subject to this arbitration provision and may be resolved through 
litigation.  A Claim will be considered an “Ordinary Claim” if all three of the following are true: 
(1) the only remedy being sought for the Claim is monetary damages; (2) the recovery being 
sought for the Claim is less than $25,000, excluding interest and costs; and (3) the only parties to 
litigation to resolve the Claim will be you, us and/or Related Parties. 

Arbitrations shall be conducted by one or more impartial arbitrators (the “Arbitrator(s)”). An 
Arbitrator must be a lawyer with at least ten years of experience or a retired judge. 

Arbitrations shall be conducted through a national arbitration organization with significant 
experience in financial and consumer disputes (referred to as an “Administrator”).  If more than 
one such Administrator is available to conduct a consumer credit card-related arbitration, the 
Administrator shall be the one mutually agreed upon by you and us.  Arbitration through an 
Administrator shall be conducted in accordance with the arbitration rules and procedures of the 
Administrator which are applicable and in effect when the Claim is initiated (the “Arbitration 
Rules”).  For Arbitrations with an Administrator, the Administrator shall provide and designate a 
listing of potential Arbitrators to conduct the arbitration.  The Arbitrator shall be selected from 
the Administrator’s listing and will be the Arbitrator(s) mutually agreed upon by you and us. 

SGA714 

14 

          
If no qualified Administrator is available to conduct a consumer credit card-related arbitration, 
the arbitration shall proceed by an Arbitrator without an Administrator.  Arbitration without an 
Administrator shall be conducted in accordance with the rules and procedures of the American 
Arbitration Association (“AAA”) in effect when the Claim is initiated, with the Arbitrator taking 
the place of the AAA therein (also, the “Arbitration Rules”).  For arbitrations without an 
Administrator, the Arbitrator(s) shall be mutually agreed upon by you and us. 

If the Arbitration Rules are inconsistent with this arbitration provision, this provision will 
prevail.  Arbitrations may be initiated pursuant to the Arbitration Rules.  You or we may choose 
to have an arbitration hearing.  You and we may be represented by counsel throughout any 
arbitration. Arbitration hearings will take place in the federal judicial district where you reside at 
the time the Claim is initiated or some other place to which you and we agree in writing.  The 
decision of the Arbitrator(s) will be final and binding.  Any final decision of the Arbitrator(s) is 
subject to judicial review only as set forth in the Federal Arbitration Act.  Judgment upon an 
award rendered by the Arbitrator(s) may be entered in any court of competent jurisdiction. 

If there is a dispute as to whether any claim, dispute or controversy is a “Claim” subject to this 
provision, that dispute shall be resolved solely by the Arbitrator(s) (except as noted below with 
reference to Class Proceedings and except that a court may decide whether a Claim is an 
Ordinary Claim).    

An arbitration pursuant to this provision may decide only your Claims, our Claims or Claims of 
Related Parties.  The Arbitrator(s) shall have no authority to entertain or determine Class 
Proceedings.  If the Arbitrator(s) decide they have authority to entertain or determine any Claim 
brought in a Class Proceeding, that decision may be appealed to a court of competent 
jurisdiction.  If, despite this Agreement, Class Proceedings are allowed, those proceedings shall 
be conducted only in a court of competent jurisdiction.  The claims of other persons who may (or 
may not) have similar claims may not be consolidated with any Claim.  No arbitration will be 
consolidated with any other arbitration proceeding without the consent of all parties.  The only 
Claims that may be joined under this arbitration provision are (1) those brought by us and Our 
Related Parties against you and Your Related Parties; or (2) those brought by you and Your 
Related Parties against us and Our Related Parties. 

The Arbitrator(s) shall have no authority to award punitive damages. 

If any portion of this arbitration provision shall be found to be unenforceable, that portion will be 
severed, and the rest of this arbitration provision will remain in effect.  However, if the Class 
Action Waiver is held to be invalid with respect to any Class Proceeding, the entire arbitration 
provision shall be null and void. 

We will reimburse you for the initial arbitration filing fee up to $350 upon receipt of proof of 
payment, provided that you have initiated an individualized proceeding in good faith and in 
accordance with this Agreement and provided that you have not initiated your proceeding in 
concert with any other cardmember(s). All other fees will be allocated in keeping with the 
applicable Arbitration Rules and applicable law.  We will also advance or reimburse other fees if 
the Administrator or Arbitrator(s) determine there is good reason for requiring us to do so or if 
you ask us and we determine there is good cause for doing so.  Each party will bear the expense 

SGA714 

15 

          
of the fees and costs of that party’s own attorneys, experts, witnesses, documents and other 
expenses, regardless of which party prevails. 

This arbitration provision shall survive repayment of your extension of credit, changes to your 
credit card account and this Agreement (although this provision itself may be changed in 
accordance with the Important Notice Regarding Changes in Terms provision), our assignment 
of your credit card account, the issuance of a new credit card, the transfer of the balance in one 
credit account to another, your or our termination of the credit card account and the bankruptcy 
(or similar proceeding) of any party.  

This arbitration provision is made in connection with a transaction involving interstate 
commerce, and shall be governed by and enforceable under the Federal Arbitration Act, 9 U.S.C. 
§§ 1 through 16, as amended.  The Arbitrator(s) shall apply applicable substantive law consistent 
with the Federal Arbitration Act, the National Bank Act and OCC regulations and applicable 
statutes of limitations, and shall honor claims of privilege recognized at law. 

15. Your billing rights as a cardmember  
This section describes specific legal rights you have as a cardmember. It explains how you may 
dispute an item on your statement, what you may do if you are dissatisfied with a purchase from 
a merchant and the limits on your liability for unauthorized transactions.  

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: 

First National Bank of Omaha 
P.O. Box 3696 
Omaha, NE  68103-0696 

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 we send you the first statement on which the error or problem 

appeared. 

SGA714 

16 

          
 
 
 
 
 
 
 
 
 
•   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 of the amount you 
question even if your bill is correct.   

Your Rights If You Are Dissatisfied With Your Credit Card Purchases 

SGA714 

17 

          
 
 
 
 
 
 
 
 
 
 
 
 
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: 

First National Bank of Omaha 
P.O. Box 3696 
Omaha, NE  68103-0696 

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. 

LIABILITY FOR UNAUTHORIZED USE 

If you notice the loss or theft of your credit card or a possible unauthorized use of your card, you 
should write to us immediately at P.O. Box 3696 Omaha, NE 68103-0696 or call us at 1-800-
688-7070.  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 $50.00. 

SGA714 

18 

          
 
 
 
 
 
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for 
Purchases
APR for Balance Transfers
APR for Cash Advances
Penalty APR and When it Applies
Paying Interest

RATES AND TERMS SCHEDULE 

18.99% to 19.99% (index plus margin of 15.74% to 16.74%)
18.99% to 19.99% (index plus margin of 15.74% to 16.74%)
25.24% (Index plus margin of 21.99%) 
None
Your due date is at least 21 days after the close of each billing cycle.  We will not 
charge you any interest on purchases if you pay your entire balance by the due 
date each month.  We will begin charging interest on cash advances and balance 
transfers on the transaction date.
If you are charged interest, the charge will be no less than $1.75.
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.

Minimum Interest Charge
For Credit Card Tips from the 
Consumer Financial Protection 
Bureau

Fees
Set-up and Maintenance Fees

● Annual Fee

Transaction Fees

● Balance Transfer
● Cash Advance
● Cash Equivalent

● Foreign Transaction

Penalty Fees

● Late Payment
● Returned Payment (Payment 
Dishonored)

$25 - $29

Either $10 or 5% of the amount of each transfer, whichever is greater
Either $15 or 5% of the amount of each cash advance, whichever is greater
Either $15 or 5% of the amount of each cash equivalent transaction, whichever 
is greater
3% of each transaction in U.S. dollars.

Up to $35
Up to $35

How We Will Calculate Your Balance:  We use a method called "average daily balance (including new purchases)".  See 
your Cardmember Agreement for more details.
Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in your 
Cardmember Agreement.
Foreign Transaction Fee: For foreign charges converted by American Express, the foreign transaction fee of 3% 
(identified in the table) will be added to the converted amount, 1% of which will be retained by American Express.
This disclosure together with the Rates and Terms Schedule and accompanying Cardmember Agreement, 
govern your credit card account with us and are referred to collectively as the "Agreement".

Index And When It Is Determined:  We use the U.S. Prime Rate as published in the "Money Rates" section of The Wall 
Street Journal on the last day the rate is published in each calendar month (the determination date).  The Index will be 
effective for the entire billing cycle that ends in the second month after the determination date.  For example, if your 
billing cycle ends in July, we will use the Index determined on the last day the rate is published in The Wall Street Journal 
in May.
Stop Payment Fee:  $35
Sales Draft Copy Fee:  $5
Copy of a Statement Fee:  $3
How We Will Calculate Your Minimum Payment:  The minimum payment shall be the LARGEST of (1), (2), or (3) 
listed below PLUS any amount that is past due on your account:  (1) Your total New Balance IF it is LESS THAN $10; (2) 
The GREATER of (a) 2% of the entire New Balance; or (b) $10;  OR (3) The SUM of (a) Your current cycle fees and finance 
charges; PLUS (b) 1% of the entire New Balance (to calculate this 1%, we will not count amounts in dispute or current 
cycle fees and finance charges as part of the New Balance).  If your account is overlimit, we will add to the minimum 
payment the amount necessary to reduce your balance to your approved credit limit.