Platinum MasterCard® Credit Card Agreement & 
Federal Truth-In-Lending Disclosure Statement 

Effective February 19, 2011 

In this Agreement and Disclosure Statement, the words YOU, YOUR and YOURS mean each and 
all those who apply for, sign or use the Card. WE, US, OUR, and OURS mean USE Credit Union. 
CARD  means  the  Platinum  MasterCard  Credit  Card(s)  issued  to  you  and  any  duplicates  and 
renewals we may issue. ACCOUNT means your Platinum MasterCard Credit Card Account with us. 
You agree to the following terms and conditions and any amendments thereto. By requesting and 
receiving, signing, or permitting others to use one of the cards noted above issued to you by USE 
Credit Union, you agree as the cardholder to the following terms. 

Terms  Applicable  Only  to  Savings-Secured  Platinum  MasterCard 
Credit Cards 
SECURITY AGREEMENT 
You understand that this is a savings-secured MasterCard account and, to protect us if you default on your 
loan, you are pledging under the California Uniform Commercial Code all funds now, or hereafter, on deposit 
in your savings account(s) as designated in writing between you and us (“designated savings account”). You 
understand that you must, at all times, keep a sum as designated on your loan application, on deposit in 
your designated savings account until the loan is paid in full. You understand that this security interest will 
cover future purchases and advances under this Agreement.  If you default, we may apply the funds in your 
designated savings accounts to repay your loan in accordance with federal and state law (including but not 
limited to California Uniform Commercial Code). You understand that the Annual Percentage Rate, under 
the Agreement, does not take into account the amount pledged in your designated savings accounts. You 
promise  and  certify  that  you  own  the  funds  in  the  designated  savings  accounts  pledged  under  this 
Agreement and that there are no liens against them other than ours. You agree to perform all acts that we 
deem necessary to make our security interest in the funds pledged enforceable. 

Terms Applicable To All Card Types 
FINANCE CHARGE: The FINANCE CHARGE on your account, for each billing cycle, will be the sum of 
two (2) components: 

1.  TRANSACTION CHARGE: One (1) component of the FINANCE CHARGE is a Transaction Charge 
equal to 2% of the total dollar amount of each cash and other advance transaction posted to your 
account during the billing cycle or $1.00, whichever is greater; and 

2.  PERIODIC FINANCE CHARGES: Your account will be subject to a periodic FINANCE CHARGE 
(interest) at the periodic rate and ANNUAL PERCENTAGE RATE indicated for your Card type in 
the “Platinum MasterCard Agreement Rates and Terms” addendum. 

How We Compute The Balance Upon Which Periodic FINANCE CHARGES Are Assessed: Separate 
daily balances are kept for purchases and cash advances. We add the daily balances for the billing cycle 
and divide the total by the number of days in the cycle to get your average daily balance.  To get the daily 
balance for cash advances, we add new cash advances and subtract any payments or credits. To get the 
daily balance for purchases, we add new purchases and subtract any payments or credits. 
Grace Period for Purchases:  If you pay the entire New Balance shown on a statement (both purchase 
and cash advances) within 25 days after the statement closing date, you will not pay additional FINANCE 
CHARGES on your purchase balance. 
Grace Period for Cash Advances: There is no grace period for cash advances. You will always pay a 
FINANCE CHARGE on cash advances from the day you receive the money to the day you repay it. This 
will  be  true  even  if  you  pay  the  entire  New  Balance  shown  on  a  statement  (both  purchase  and  cash 
advances) within 25 days after the statement closing date. All FINANCE  CHARGES for cash advances 
(including cash advance transaction fees) begin on the “transaction date.” 
Payment:  You promise to repay us at our office all sums advanced to you or any other person you permit 
to use the account on the terms and at the rates set forth herein. Payments will continue until you have paid 
in  full  the  unpaid  balance,  FINANCE  CHARGE  and  any  other  fees  or  charges.  If  your  ANNUAL 
PERCENTAGE  RATE  is  changed  pursuant  to  the  provisions  set  forth  herein,  the  number  of  payments 
required to repay the unpaid balance may be affected accordingly. 
Minimum Due Payment: We will mail you a statement at least 21 days prior to your payment due date 
showing your Previous Balance, the current transactions on your account, the unused credit available under 
your Credit Limit, the FINANCE CHARGE due, the total New Balance, and the Minimum Monthly Payment 
by the Payment Due Date. By separate agreement, you may authorize us to transfer the Minimum Monthly 
Payment  automatically  from  your  share  or  share  draft  account  with  us.  You  may,  of  course,  pay  more 
frequently, pay more than the Minimum Monthly Payment, or pay the total New Balance in full, and you will 
reduce the FINANCE  CHARGE by doing so. The minimum monthly payment will be either $15.00 or a 
payment percentage of your total New Balance up to your credit limit, whichever is greater. Your payment 
percentage will be determined by your rate or Card type as indicated in the table below, plus any amount 
which exceeds your Credit Limit and any Amounts “Past Due.” We will apply your payments in the following 
order of succession: unpaid fees or charges; unpaid FINANCE  CHARGES; previous purchase balance; 
previous cash advance balance; current balance of new purchase advances; current balance of new cash 
advances. If your minimum payment is not sufficient to cover the unpaid fees and FINANCE CHARGES 
due, your payment may be increased to cover those fees and charges, plus any amount which exceeds 
your credit limit and any amounts past due: 

Rate Range 
0% – 12.99% 
13.9% – 14.9% 
15.0% – 21.9% 

Payment Percentage 
1.125% 
1.25% 
2.75% 

Late Charge: If your minimum monthly payment is more than 10 days late, you may be charged a late fee. 
(See Platinum MasterCard Agreement Rates and Terms for current fee amount). 
Credit Protection: You understand that Credit Protection Coverage is not required by us to obtain your 
loan. You acknowledge receiving a copy of a credit protection contract and have made the choice indicated 
thereon. The monthly cost of the coverage per $100 or portion thereof of the unpaid balance on the last day 
of  each  billing  cycle  is  disclosed  on  the  credit  protection  contract.    The  cost  of  any  coverage  you have 
chosen will be added to your principal balance on the statement date each month. 
Credit Limit: We will establish a Credit Limit for you. You agree not to let the unpaid balance exceed this 
Credit  Limit.  You  agree  to  advise  us  of  any  change  in  your  financial  condition  which  may  affect  your 
creditworthiness. You agree that you shall update the credit information that you have provided us, from time 
to time, on our request. You may request an increase in your Credit Limit, but such increases are subject to 
approval by us. 
Advances  and  Purchases:    You  may  request  advances  and  make  purchases  in  accordance  with  the 
current loan policies up to your Credit Limit. You understand that all advances and purchases requested by 
you are subject to our approval. 
Using the Card: To request an advance, or make a purchase, you may: 

1.  Present the CARD to a participating  MasterCard merchant, to us, or to another financial institution; or 
2.  Use the CARD in conjunction with your Personal Identification Number (PIN) at an Automated Teller 
Machine (ATM) or other type of electronic terminal that provides access to the MasterCard system.  
You agree to retain the copy of the draft or receipt which you receive at the time of the transaction to verify 
your  monthly  statement.  We  reserve  the  right  to  make  a  reasonable  charge  for  photocopies  of  drafts, 
receipts or other documents you may request. 
Illegal Use of Card: Your CARD may not be used for any illegal transaction or in an illegal manner (e.g., 
Internet gambling transactions, foreign lottery purchases). We may decline to authorize any transaction that 
we believe poses an undue risk of illegality or unlawfulness. 
Prepayment  or  Irregular  Payments:  Though  you  need  only  pay  the  Minimum  Monthly  Payment,  in 
accordance with the terms and conditions set forth herein, you understand that you have the right to repay 
your loan at any time without penalty. You also understand that you will only be charged periodic FINANCE 
CHARGES to the date you repay your entire loan. You may make larger payments without penalty and this 
may reduce the total amount of periodic FINANCE CHARGES that you will repay. Any partial payment of 
your loan will not advance your next payment due date(s). You understand that any payment that (a) delays 
or  (b)  accelerates  the  repayment  of  your  unpaid balance  will  (a)  increase  or  (b)  decrease your  periodic 
FINANCE CHARGES. 
Payments  Marked  “Paid  in  Full”:  We  may  accept  checks,  money  orders,  or  other  types  of  payment 
marked “Paid in Full” or using other language to indicate full satisfaction of any indebtedness, without being 
bound by such language or waiving any rights under this Agreement. Full satisfaction of indebtedness shall 
be accepted by us only in a written agreement, signed by an authorized employee of the credit union. 
Default: You will be in default 1) if you do not pay on time or in the proper amount; 2) if you fail to abide 
by the terms of this Agreement; 3) if your creditworthiness is impaired; 4) if you die, become insolvent or 
are  the  subject  of  bankruptcy  or  receivership  proceedings;  or  5)  when  applicable,  your  security  is 
impaired. In the event of any action by us to enforce this Agreement, you agree to pay the costs thereof, 
reasonable  attorney’s  fees,  and  other  expenses.  You  understand  that  FINANCE  CHARGES  at  the 
Periodic  ANNUAL  PERCENTAGE  RATE  as  permitted  under  this  Agreement  will  continue  to  accrue 
until you repay your entire loan. 
Acceleration  and  Collection  Costs:  If  you  are  in  default,  we  may  demand  immediate  payment  of  the 
unpaid  balance,  FINANCE  CHARGES,  late  charges,  annual  fees,  and  collection  costs,  if  any.  You 
understand that you will be charged late charges, if any, and FINANCE CHARGES at the monthly periodic 
rate  (at  the  Applicable  Periodic  Rate),  late  charges,  annual  fees,  and  collection  costs  under  the  terms 
disclosed  in  this  Agreement,  until  you  repay  your  entire  loan.  You  also  agree  to  pay  our  reasonable 
attorney’s fees and court costs. 
Responsibility:  You  agree  to  repay  us  according    to  the  terms  of  this  Agreement  for  all  purchases, 
advances, FINANCE CHARGES, late charges and annual fees, if any, arising from the use of the account 
by you or any other person you permit to use your account, even if that person exceeds your permission. 
Any person using the account is jointly and severally responsible with you. 
Credits: If a merchant who honors your CARD gives you credit for returns or adjustment, he/she will do so 
by sending us a credit slip which we will post to your account. If we do not receive credit slips within the 
same billing period as the original charge and you do not pay the amount of the original charge with your 
payment for the billing period, FINANCE CHARGES will be incurred. If your credits and payments exceed 
what you owe us, we will hold and apply this credit against future purchases and cash advances, or refund it 
on your written request if it is $1.00 or more, or automatically after 6 months. 
Change of Terms: This Agreement is the contract which applies to all transactions on your account even 
though  the  sales,  cash  advance,  or  other  slips  you  sign  or  receive  may  contain  different  terms.  You 
understand  that  we  may  amend,  modify,  add  to,  or  delete  from  this  Agreement  any  of  its  terms  and 
conditions, including the method of application and the amount of periodic FINANCE CHARGE, effective as 
to any unpaid balance outstanding and any subsequent advance, by mailing a notice of the change to you at 
your last known address. You also understand that any such notice will be mailed at least forty-five (45) days 
prior to the effective date of the change as required by Federal or other law. Notice of a change in terms is 
required, but may be sent as late as the effective date of the change where the change has been agreed to, 
in writing, by you. To the extent the law permits, and we indicate in our notice, amendments will apply to your 
existing account balance as well as to future transactions. 
Liability  for  Unauthorized  Use:  Unless,  based on  substantial  evidence, it  is  determined  that  you  were 
grossly negligent in the handling of the account or CARD, you will not be liable for unauthorized use resulting 
from the loss, theft, or other unauthorized use of the CARD, account number on the CARD, the PIN, or any 
combination of the three. 
Automatic Overdraft Authorization:  You authorize us to clear any overdraft(s) on your checking and/or 
savings accounts by an advance from your account, in the amount of the overdraft, or in such increments as 
we may from time to time determine subject to the terms of this Agreement. If you are not eligible to receive 
advances  from  us  under  this  Agreement,  your  overdraft(s)  may  not  be  covered,  your  checks  may  be 
returned and your savings and/or checking and/or this Account may be closed. Caution: You understand 
that if your checking and/or savings accounts are held jointly, overdraft protection makes it possible for your 
joint user to write checks or otherwise access your account which could draw funds from your account(s). 

 
 
 
 
 
 
 
Your Billing Rights 
This notice contains important information about your rights and responsibilities under the Fair Credit Billing 
Act. Keep this notice for future reference. 
In  Case  of  Errors  or  Questions  About  Your  Bill:  If  you  think  your  bill  is  wrong,  or  if  you  need more 
information about a transaction on your bill, write us on a separate sheet at the address shown on your bill 
as soon as possible. We must hear from you no later than 60 days after we sent you the first bill on which 
the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your 
letter, give us the following information: 

•  Your name and account number. 
•  The dollar amount of the suspected error. 
•  Describe  the  error  and  explain,  if  you  can,  why  you  believe  there  is  an  error.  If  you  need  more 

information, describe the item you are unsure about. 

If you have authorized us to pay your credit card bill automatically from your share or share draft account, 
you can stop the payment on any amount you think is wrong. To stop the payment, your letter must reach us 
3 business days before the automatic payment is scheduled to occur. 
Your Rights and Our Responsibilities After We Receive Your Written Notice: We must acknowledge 
your  letter  within  30  days,  unless  we  have  corrected  the  error  by  then.  Within  90  days,  we  must  either 
correct the error or explain why we believe the bill was correct. After we receive your letter, we will not try to 
collect any amount you question or report as delinquent and we may continue to bill you for the amount you 
question, including FINANCE CHARGES. We can apply any unpaid amount against your Credit Limit. You 
do not have to pay any questioned amount while we are investigating; however, you are still obligated to pay 
the portion of the bill that is not in question. If we find that we made a mistake on your bill, you will not have 
to pay any FINANCE CHARGES related to any questioned amount. If we did not make a mistake, you may 
have to pay FINANCE CHARGES, and you will have to make up any missed payments on the questioned 
amount. In either case, we will send you a statement of the amount you owe and the date that it is due. If 
you  fail  to  pay  the  amount  that  we  think  you  owe,  we  may  report  you  as  delinquent.  However,  if  our 
explanation does not satisfy you and you write us within ten days telling us that you still refuse to pay, we 
must tell anyone we report you to that you have a question about your bill. Additionally, we must tell you the 
name of anyone we reported you to. We must tell anyone we report you to that the matter has been settled 
between you and us once it is resolved. 
Special Rule for Credit Card Purchases:  If you have a problem with the quality of goods or services that 
you purchased with a 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  good  or  services.  There  are  two 
limitations on this right: 

(a)  You must have made the purchase in your home state or, if not within your home state, within 100 

miles of your current mailing address; and 
(b)  The purchase  must be more than $50.00 

These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for 
the goods or services. 

(866) USE- 4-YOU  |  usecu.org 

© Copyright 2011 USE Credit Union 

MC11 (2/11) 

Terms Applicable to All Agreements 
Issuance  of  Personal  Identification  Number:  A  Personal  Identification  Number  (PIN)  to  be  used  in 
conjunction with the Platinum MasterCard Credit Card for access to the MasterCard Global Network will be 
issued to you shortly after you receive your CARD. For other electronic fund transfers we will issue a PIN 
upon your request. 
Electronic  Fund  Transfer:  In  the  event  a  use  of  your  CARD  or  the  account  number  on  your  CARD 
constitutes an electronic fund transfer, the terms and conditions of your electronic fund transfer disclosure 
shall govern such transactions to the extent your electronic fund transfer disclosure expands or amends this 
Agreement. Your use of the CARD or the account number on your CARD is your authorization to us to 
withdraw sufficient funds from your Platinum MasterCard Credit Card account to cover such transactions. 
MasterCard  Agreement  Rates  and  Terms:  You  acknowledge  receipt  of  a  copy  of  our  Platinum 
MasterCard Agreement Rates and Terms, agree to pay such fees and charges, and authorize us to add any 
fees and charges to your Platinum MasterCard Credit Card account. 
Surrender of Card(s): The CARD(S) remain our property and, if we request, you must surrender to us all 
CARD(S) we have issued on your account. 
Refusal to Honor Card: Even though your MasterCard Credit Card limit may be sufficient to cover a required 
CARD  withdrawal,  you  recognize  that  merchants,  financial  institutions,  electronic  terminals  and  others  who 
accept the CARD or the account number on the CARD may not be liable for the refusal or the inability of such 
persons or terminals to honor the CARD or complete a CARD withdrawal, or for their retention of the CARD. 
Lost or Stolen Card(s): If you believe the CARD, the account number, the PIN, or any combination of the 
three has been lost or stolen, you will immediately call (866) 873-4968. 
Foreign  Transactions:  Transactions made or processed in foreign countries will be billed to you in US 
dollars. Conversion to US dollars is determined by a rate selected by MasterCard from the range of rates 
available in wholesale currency markets for the applicable central processing date, which rate may vary from 
the  rate  MasterCard  itself  receives  or  the  government  mandated  rate  in  effect  for  the  applicable  central 
processing date plus up to a 1 percent currency conversion fee. The currency conversion fee will appear as 
a separate line on your statement for each transaction completed or processed in a foreign country. 
Right of Offset: You understand that the use of your card will constitute acknowledgement of receipt and 
agreement to the terms of the credit card agreement and disclosures. You grant us a security interest in all 
individual and joint share and/or deposit accounts you have with us now and in the future to secure your 
credit card account. When you are in default, you authorize us to apply the balance in these accounts to any 
amounts due. Shares and deposits in an Individual Retirement Account, and any other account that would 
lose special tax treatment under state or federal law is given as security, are not subject to the security 
interest you have given in your shares and deposits. 
Payable on Demand: You promise to pay us on demand for the amount of the CARD withdrawal that is 
honored which cannot be paid through an advance on your Platinum MasterCard Credit Card account. 
Credit  Information:  You  authorize  us  to  investigate  your  credit  standing  when  opening,  renewing  or 
reviewing  your  account,  and  you  authorize  us  to  disclose  information  regarding  your  account  to  credit 
bureaus and other creditors who inquire of us about your credit standing to the extent authorized by law. 
Termination: We may terminate this Agreement upon your default. Either you or we may terminate this 
Agreement  for  other  good  cause.  In  no  event  shall  any  termination  relieve  you  of  your  obligation  to 
repay  sums  already  borrowed,  periodic  FINANCE  CHARGES,  annual  fee,  collection  costs  and  late 
charges, if any. 
Transaction Slips: Your monthly statement will identify the merchant, financial institution, or electronic 
terminal at which CARD withdrawals were made, but sales, cash advance, credit or other slips will not 
be  returned  with  your  statement.  You  will  retain  the  copy  of  such  slips  furnished  at  the  time  of  the 
transaction  in  order  to  verify  your  monthly  statement.  We  may  make  a  reasonable  charge  for 
photocopies of slips you may request. 
Delay in Enforcement: We can delay enforcing any of our rights under this Agreement without losing them. 
Governing  Law:  You  understand  and  agree  that  this  Agreement  is  made  in  California  and  shall  be 
governed  by  the  laws  of  the  State  of  California  to  the  extent  that  California  law  is  not  inconsistent  with 
controlling Federal law. You also understand that California’s choice of law rules shall not be applied if that 
would result in the application of non-California law. 
Integrated Document(s): Any separate sheet of paper labeled “Additional Disclosure – Federal Truth-in-
Lending Act” which is delivered together with this form is an integrated part of this Agreement. 
Change of Name, Address, Employment Status: You understand and agree that you must report to us 
any change in your name, address or employment status. 
Notice: See the following section entitled Your Billing Rights for important information regarding  your right to 
dispute billing errors. 
Consent to Agreement: You acknowledge receipt of this Platinum MasterCard Credit Card Agreement and 
Federal Truth-in-Lending Disclosure Statement by signing the application, by signing the CARD(S), by using 
the CARD(S) or by authorizing  another to use the CARD(S), and you agree to and accept its terms. 

MasterCard Checks 
Check  Uses:  You can use your MasterCard checks to purchase goods and services or to obtain cash 
advances up to the amount of your credit limit. Use of your MasterCard checks is a cash advance on your 
account and, as such, no grace period will apply. 
Limitations: We are not required to honor a check that will cause you to exceed your credit limit. We will not 
pay a check if at the time the check is presented you are in default or your account has been terminated, 
suspended or cancelled.  Each check must be in the form that has been issued to you. Only the person 
whose  name  is  on  the  check  may  use  checks.  You  are  responsible  for  all  authorized  use  of  your 
MasterCard checks. You may not use your MasterCard checks to pay any amount owed on your Platinum 
MasterCard Credit Card account. 
Returned Check Fee: You will be charged a fee per returned check, which will be billed to your account, if 
your check cannot be paid. This fee will be charged to your Platinum MasterCard Credit Card account and 
no grace period will apply. See Platinum MasterCard Agreement Rates and Terms for current fee amount. 
Stop Payment: Payment cannot be stopped on MasterCard checks. 
Chargebacks: Chargeback rights do not apply to MasterCard checks. 
Surrender of MasterCard Checks: MasterCard checks are the property of USE Credit Union. USE Credit 
Union reserves the right to revoke them at any time. You agree to return them at USE’s request.