Retain this Information for Future Use
S&T BANK CARDHOLDER VARIABLE RATE
AGREEMENT AND DISCLOSURE STATEMENT

1.  AGREEMENT TERMS AND ACCEPTANCE- 
In this agreement the word Card means any one 
or more of the Visa Cards issued to you or to an 
authorized user. The word Account means your 
Credit Card Account. The words you, your and 
yours mean you the cardmember and any joint 
Account holders. The words we, us and our mean 
S&T Bank. Application for, signing, or use of your 
Account or Card by you or anyone whom you 
authorize or permit to use your Account or Card, is 
considered acceptance by you of this Agreement.

2.  USE OF ACCOUNT- You agree that you will use 
your Account for the following transactions:
  A. Purchases of goods or services (credit 

purchases).

  B. Cash advances obtained from banks or others 

through use of this Card.

  C. Check advances through the use of special 
convenience checks issued to access your 
credit card account. Such checks may not be 
used to pay your credit card bill with us. 
  D. This account will not be used for illegal  

transactions.

We are not responsible for the refusal of anyone to 
accept or honor the card. 

3.  AUTHORIZED USERS- You promise to pay 
for all purchases and advances made by anyone 
you authorize to use your Account, whether or not 
you notify us that they will be using it. If you want 
to cancel the authorized or permitted use of your 
Account or Card by another person, you must let 
us know in writing, and if a person has a Card you 
must return that Card cut in half with your written 
notice.

4.  LOST OR STOLEN CARD- If the card is lost or 
stolen, or if you believe that someone is using your 
Account or Card without your permission, notify us 
immediately. You can notify us by telephoning 
1.800.325.2265 during business hours or at 
1.800.241.0912 after business hours. In the 
Indiana, PA area you can notify us by telephoning 
724.349.1800 during business hours.

5.  UNAUTHORIZED USE- You may be liable for 
unauthorized use of your Account or Card. You will 
not be liable for unauthorized use that occurs after 
you notify us, orally or in writing of the loss, theft or 
possible unauthorized use within 48 hours. In any 
case, your liability will not exceed $0.00.

6.  CREDIT LIMIT- You will be advised of the 
available line of credit applicable to your Account. 
You promise not to allow your outstanding balance 
to exceed your credit limit. If you should exceed 
your limit, we can still charge you for all purchases 
and advances without giving up any of our rights. 
We may increase or decrease your credit limit at 
any time.

7.  PROMISE TO PAY- You promise to pay for all 
purchases and advances including any finance 
charge and other charges or fees, incurred by 
you or anyone you authorize or permit to use your 
Account or Card, even if you do not notify us that 
others are using your Account or Card. In addition, 
you promise to pay the amount of the annual fee, if 
any is charged to your Account.

8.  MONTHLY BILLING STATEMENT- You will 
receive a monthly periodic billing statement. Your 
payment is due 25 days after the closing date on 
your statement.

9.  MINIMUM MONTHLY PAYMENT- You may pay 
the entire New Balance shown on your monthly bill 

at any time or you can pay monthly installments. 
You must pay at least the minimum payment shown 
on your billing statement. This minimum payment 
will be 3% of the outstanding balance rounded up 
to the nearest whole dollar or $ 10.00, whichever is 
greater, plus any amount that is past due, plus the 
balance over the credit limit.

10.  VARIABLE RATE INFORMATION- The 
finance charge on cash advances is calculated 
according to Method A. The finance charge on credit 
purchases is calculated according to Method B. The 
current monthly Periodic Rate and corresponding 
ANNUAL PERCENTAGE RATE for new accounts 
are disclosed on the accompanying card mailer. 
These rates may vary monthly and shall be adjusted 
on the first day of each billing period (“Change 
Date”). The ANNUAL PERCENTAGE RATE on 
each Change Date shall equal the highest prime 
rate published in THE WALL STREET JOURNAL 
“Money Rates” tables on the last date of publication 
in the calendar month preceding each Change Date 
(“Index Rate”) PLUS a Margin of 6 percentage points 
(Plus a margin of 8 percentage points if you choose 
the no annual fee option.) The monthly Periodic 
Rate is 1/12th of the ANNUAL PERCENTAGE 
RATE. Beginning on the date an adjustment in the 
rate is effective and until the next Change Date, the 
monthly Periodic Rate then in effect will be applied to 
the balance in the Account to determine the Finance 
Charges. An adjustment in the monthly Periodic 
Rate and corresponding ANNUAL PERCENTAGE 
RATE will apply to both outstanding balances in the 
Account and to new cash advances (including any 
balance transfers from other credit card accounts), 
credit purchases, and other charges. An increase or 
decrease in the Index Rate will cause an increase 
or decrease in the monthly Periodic Rate and 
corresponding ANNUAL PERCENTAGE RATE and 
may increase or decrease the amount and number 
of minimum payments. The minimum finance 
charge is $.50. The rate of Finance Charge shall not 
exceed the maximum rate permitted by law, if any 
is applicable. If the Index Rate ceases to be made 
available, we may substitute a substantially similar 
index and margin.

11.  FINANCE 
CALCULATION 
CHARGE 
METHODS- The Finance Charge Calculation Method 
on cash advances and credit purchases applicable to 
your Account is set forth in the paragraphs below: 

METHOD A- A Finance Charge will be 
imposed on Cash Advances from the date 
made or from the first day of the billing 
cycle in which the Cash Advance is posted 
to your Account, whichever is later, and 
will continue to accrue until the date of the 
payment. The Finance Charge for a billing 
cycle is computed by applying the monthly 
Periodic Rate to the average daily balance, 
which is determined by dividing the sum of 
the daily balances during the billing cycle 
by the number of days in the cycle. Each 
daily balance is determined by adding to 
the Previous Balance (the outstanding 
balance of your Account at the beginning of 
the billing cycle) any new Cash Advances 
received and any new Credit Purchases 
posted to your Account, and subtracting 
any payments as received or credits as 
posted to your Account, but excluding any 
unpaid Finance Charges.

METHOD B- A Finance Charge will be 
imposed on Credit Purchases only if you 
elect not to pay the entire New Balance 
shown on your monthly statement for the 
previous billing cycle within 25 days from 

 
 
 
the closing date of that statement. If you 
elect not to pay the entire New Balance 
shown on your previous monthly statement 
within that 25 day period, a Finance 
Charge will be imposed on the unpaid 
average daily balance of such Credit 
Purchases from the previous statement 
closing date and on new Credit Purchases 
from the date of the transaction to your 
Account during the current billing cycle, 
and will continue to accrue until the closing 
date of the billing cycle preceding the date 
on which the entire New Balance is paid in 
full or until the date of payment more than 
25 days from the closing date. The Finance 
Charge for a billing cycle is computed by 
applying the monthly Periodic Rate to the 
average daily balance of Credit Purchases 
which is determined by dividing the sum 
of the daily balances during the billing 
cycle by the number of days in the cycle. 
Each daily balance of Credit Purchases is 
determined by adding to the outstanding 
unpaid balance of Credit Purchases at 
the beginning of the billing cycle any new 
Credit Purchases posted to your Account 
and subtracting any payments as received 
and credit as posted to your Account, but 
excluding any unpaid Finance Charges.

12.  ANNUAL FEE- A NONREFUNDABLE 
ANNUAL MEMBERSHIP FEE OF $25.00 WILL 
BE CHARGED TO YOUR ACCOUNT UPON 
ISSUANCE AND ANNUALLY THEREAFTER. IF 
YOU CHOOSE THE NO ANNUAL FEE OPTION, 
THE MEMBERSHIP FEE IS $0.00.

13. OTHER CHARGES- You will be assessed 
a late payment fee up to $20.00 if a billing cycle 
minimum payment has not been posted and 
remains unpaid 10 days after such minimum 
payment’s scheduled due date. Payments will 
be applied the following order: (A) FINANCE 
CHARGES, (B) Miscellaneous Charges, (C) 
Previous Cash Advance charges, (D) Previous 
Purchases, (E) Current Cash Advance Charges 
and (F) Current Purchases. You will be assessed 
a Returned Check Fee of up to $25.00 to your 
Account if the check you give us for payment of 
any amount due on your Account is not paid by 
the bank on which the check is drawn. If your card 
is reported lost or stolen you will be assessed a 
processing fee of $15.00. You will be assessed 
a fee of $3.00 per card for any replacement card 
requested. You will be assessed a fee up to $28.00 
for any convenience check that is returned for 
insufficient credit availability. A cash advance fee 
will be assessed to your Account whenever you 
take a cash advance or write a convenience check 
against your Account. This fee will be 4% of the 
total amount of the total of each cash advance 
taken or $4.00, whichever is higher.

14.  DEFAULT- If you fail to make a required 
payment when due or break any other promises 
under this Agreement, you will be in default. We 
can declare the entire balance of your Account 
due and payable without notice or demand. 
We can also do this if you make any false or 
misleading statements on your application or if 
you die or file bankruptcy.

15. COLLECTION COSTS- You agree to 
pay to the extent permitted by applicable law, 
reasonable attorney’s fees and all other costs and 
disbursements incurred by us in legal proceedings 
to collect or enforce your indebtedness.

16.  CANCELLATION- We may cancel or 
suspend your Account at any time without notice. 
You may cancel your Account by notifying us in 
writing and returning all cards to us cut in half. Of 
course, cancellation or suspension of your Account 
will not affect your liability to us for credit we have 
extended to you.

reporting agencies and other creditors the status 
and payment history of your Account. You shall 
furnish to us financial statements promptly upon 
request from time to time and in such detail as we 
may require.

18.  CHANGE OF TERMS- We can change the 
terms of this Agreement, including the annual 
membership fee and late payment fee, at any time 
provided we send you notice (at your address 
shown on our records) of the change at least 45 
days prior to the effective date of the change. 
However, we can make any other changes 
beneficial to you at any time without sending you 
notice.

19.  CHANGE OF ADDRESS- You will notify us of 
any address change within 15 days of the effective 
date of change.

20.  ASSIGNMENT OF ACCOUNT-We can 
assign, sell, or transfer your Account or any portion 
thereof without notice to you or your consent.

21.  CURRENCY CONVERSION- To convert 
purchases and loans made in a foreign currency, 
Visa U.S.A. uses their own currency conversion 
rate and procedures which are described in their 
operating regulations. Currently the currency 
conversion rate used to determine the transaction 
amount in U.S. dollars is generally a government-
mandated rate in effect for the applicable central 
processing date, plus or minus any adjustments 
determined by the Issuer. The currency conversion 
rate on the day before the transaction processing 
date may differ from the rate in effect at the time 
of the transaction or on the date of the transaction 
is posted on your Account. You agree to pay the 
converted amount in U.S. Dollars.

22.  APPLICABLE LAW- This Agreement will be 
governed by the laws of the state of Pennsylvania 
and applicable Federal laws. If any part of this 
Agreement is unenforceable this does not make 
any other part unenforceable.

DIRECT BANKING CENTER
1.800.325.2265
or locally in Indiana at 724.349.1800

YOUR BILLING RIGHTS
KEEP THIS NOTICE FOR FUTURE USE

This notice contains important information about 
your rights and our responsibilities under the Fair 
Credit Billing Act.

NOTIFY US 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 on 
a separate sheet to:

CUSTOMER SERVICE
PO BOX 31535
Tampa, FL 33631-3535

Write as soon as possible. We must hear from you 
no later than 60 days after we sent your 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 
not sure about.

17.  PRIVACY- We may investigate your credit, 
employment and income records and verify your 
credit references. We may also report to credit 

If you have authorized us to pay your credit card 
bill automatically from your savings or checking 
account, you can stop the payment on any 

 
 
 
amount you think is wrong. To stop the payment your 
letter must reach us three business days before the 
automatic payment is scheduled to occur.

YOUR RIGHTS AND 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 cannot try to collect 
any amount you question, or report you as delinquent. 
We can continue to bill you for the amount you 
question, including finance charges, and we can apply 
any unpaid amount against your credit limit. You do 
not have to pay any questioned amount while we are 
investigating, but you are still obligated to pay the 
parts of your bill that are 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 didn’t 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 to 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. And, we must tell you 
the name of anyone we report you to. We must tell 
anyone we report you to that the matter has been 
settled between us when it finally is.

If we don’t follow these rules, we can’t collect the first 
$50.00 of the questioned amount, even if your bill was 
correct.

SPECIAL RULE FOR CREDIT CARD PURCHASES

If you have a problem with the quality of property 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 property 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 address; and

  b) The purchase price must have been 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 property or services.

Revised 10/2015