will not affect your obligation to pay any amounts that may be 
due under this Agreement.

Illegal Activity
Your Mastercard card may not be used for any illegal activity. 
Internet  gambling  may  be  illegal  in  the  jurisdiction  in  which 
you are located, including the United States and its territories. 
Your card may only be used for legal transactions. Display of 
a  payment  card  logo  by  an  online  merchant  does  not  mean 
that  Internet  gambling  or  other  transactions  are  legal  in  the 
jurisdiction  in  which  you  are  located.  You  agree  to  repay, 
according  to  the  terms  of  this  Agreement,  transactions  you 
initiate by use of your card, whether deemed legal or illegal.

Internet Transactions
Your  Mastercard  is  automatically  enrolled  in  the  Mastercard 
Secure Code program. To make transactions over the Internet, 
merchants may request your Mastercard Secure Code password 
to  complete  the  transactions.  If  a  password  is  not  provided, 
or  you  do  not  successfully  register  with  Mastercard  Secure 
Code, the merchant may deny the transaction. If the password 
is  incorrect,  we  may  deny  the  transaction.  You  can  select  or 
change  your  password  and  view  additional  terms  by  logging 
in to Online Banking at schoolsfirstfcu.org, clicking the ‘Credit 
Cards’ tab, and then clicking on the Mastercard SecureCode link 
under “Recommendations”. By allowing another person to use 
your Mastercard Secure Code password you are authorizing the 
transaction(s) on your account.

Foreign Currency Transactions
If  you  effect  a  transaction  at  a  merchant  that  settles  in  a 
currency other than U.S. dollars, Mastercard International will 
convert the charge into a U.S. dollar amount. The conversion 
rate in U.S. dollars will be either at the government-mandated 
rate  or  a  wholesale  currency  market  rate  determined  by 
MasterCard for the processing date on which the transaction is 
processed. The currency conversion rate used by Mastercard on 
the processing date may differ from the rate that would have 
been  used  on  the purchase date or  the cardholder  statement 
posting date. 

International Service Fee 
A  fee  of  2%  of  the  transaction  amount  in  US  Dollars  will  be 
assessed  on  cross-border  and  international  transactions. 
Transactions  acquired  in  U.S.  territories,  and  transactions 
originating  on  U.S.  military  bases,  at  U.S.  embassies  and  at 
U.S. consulates, are excluded from this fee. 

Convenience Checks
You may access your credit line by writing checks provided by 
us for that purpose. The checks will be honored and paid up to 
your credit limit as long as the account is not in default. You 
may request a stop payment on a convenience check by phone 
or in writing. We must receive the request in time to afford us 
reasonable opportunity to act upon it under the Credit Union’s 
rules.  Oral  or  telephone  requests  to  stop  payment  must  be 
confirmed by you in writing to us within 14 calendar days after 
your original request, and if not so confirmed, such request will 
be considered to have lapsed after the 14-day period. We can 
only honor a stop payment request for 12 months from the date 
of request. You agree not to hold us responsible for any claims 
or liabilities of payees or endorsers on convenience checks for 
which you have requested payment stopped. You agree not to 

hold us responsible for the misrouting or delay of a convenience 
check  due  to  markings  placed  on  the  check  by  you  or  a  prior 
endorser that obscure any depository endorsement placed by us 
or  our  agent.  We  may  recognize  the  signature  of  any  borrower 
or authorized user on this account as authorized to transact any 
business on the account. Convenience checks cannot be used to 
pay any amount you owe under this Agreement or under any other 
credit agreement or account you have with us now or in the future. 
Convenience  checks  are  considered  cash  advances  and  accrue 
interest  according  to  the  method  described  for  cash  advances 
under the “CALCULATION OF FINANCE CHARGES” heading of this 
disclosure.  Transactions  made  using  convenience  checks  do  not 
earn Rewards points.

Default/Collection/Attorney’s Fees
You will be in default and understand that all loan credit under this 
Agreement  may  be  terminated  if  (1)  you  do  not  make  periodic 
payments  as  required  by  this  Agreement,  (2)  you  do  not  keep 
any  promise  made  in  this  Agreement  or  any  other  agreement 
with  this  Credit  Union,  (3)  any  information  that  you  give  us  to 
obtain  a  loan  advance  is  false,  (4)  any  third  party  attempts  by 
legal process to take any property belonging to you, (5) you die, 
become insolvent or are a party to any bankruptcy proceeding, or 
(6) as otherwise provided in this Agreement. If you are in default, 
we  may  refuse  to  make  any  further  advances  or  refuse  charge 
privileges to you and declare all sums owed under this Agreement 
immediately  due  and  payable.  We  may  accept  late  payments 
or  partial  payments  without  losing  any  of  our  rights  under  this 
Agreement. You understand that if you are in default, we may add 
to your unpaid balance any reasonable attorney’s fees and court 
costs, all of which you agree to pay.

Waivers and Severability
We may waive or decline to enforce any of our rights under this 
Agreement  without  affecting  any  of  our  other  rights.  Should 
any  provision  of  this  Agreement  be  determined  to  be  invalid  or 
unenforceable, that determination shall not affect the validity or 
enforceability of any other provision.

Governing Law
This  Agreement,  your  credit  card  line  of  credit,  as  well  as  our 
rights  and  duties  and  your  rights  and  duties  regarding  them, 
will  be  governed  by  and  interpreted  in  accordance  with  federal 
law  to  the  fullest  extent  possible  and,  to  the  extent  federal  law 
does  not  apply,  in  accordance  with  California  law,  regardless  of 
where you live and use your credit card. This Agreement is made 
in  California.  All  credit  will  be  extended  from  California,  and  all 
repayment must be made in California.

Third party/mobile devices 
We  may  also  permit  you  or  any  authorized  user  to  load 
information  about  your  account  onto  third  party/mobile  devices 
(such as a smartphone, tablet, or any other handheld or wearable 
communication  device  that  allows  you  to  store  or  electronically 
present  your  account  information)  that  would  enable  you  to 
make purchases or engage in credit transactions for your account 
without needing to show your credit card. You and we agree that 
any such use of your account will be subject to all the terms and 
conditions contained in this agreement.
To the extent you do use a third party/mobile device to make a 
credit transaction on your account, or load information about your 
account onto any such device, you need to be aware that we do 

not control the device and cannot guarantee the performance of 
either the device or any third party.
Additionally:

•	 you agree to carefully protect the security of any devices the 
same as you would your cash, checks, credit cards and other 
valuable information. We encourage you to password protect 
or lock your device to help prevent an unauthorized person 
from using it. You agree to promptly report any loss or theft 
to both us and the third party.

•	 you  may  incur  third  party  fees  related  to  engaging  in  a 
transaction  (such  as  mobile  carrier  data  or  messaging 
charges).

•	 credit transactions made through a third party/mobile device 
may involve the electronic transmission of information related 
to you or your account across wireless or computer networks. 
Third parties, such as merchants, card association networks, 
mobile  carriers,  mobile  wallet  operators,  and  software 
application  providers  may  use  and  receive  information  in 
connection with a credit transaction. Third parties may also 
receive information about your mobile device when you use 
it to make a credit transaction.

•	 we  may,  at  any  time,  partially  or  fully  restrict  your  ability 
to  make  credit  transactions  through  a  third  party/mobile 
device.  You  agree  to  notify  us  promptly  if  you  remove  or 
want  to  remove  your  account  information  from  any  third 
party/mobile device.

YOUR BILLING RIGHTS: 
KEEP THIS DOCUMENT FOR FUTURE USE
This  notice  tells  you  about  your  rights  and  our 
responsibilities under the Fair Credit Billing Act.
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: 
SchoolsFirst  FCU  P.O.  BOX  11547,  Santa  Ana,  CA  92711. 
You may also contact us on our website at schoolsfirstFCU.org. 
In your letter, give us the following information:

•	 Account Information: Your name and account number
•	 Dollar Amount: The dollar amount of the suspected error.
•	 Description of problem: If you think there is an error on your 
bill, describe what you believe is wrong and why you believe 
it is a mistake.
You must contact us:

•	 Within 60 days after the error appeared on your statement.
•	 At  least  3  business  days  before  an  automated  payment  is 
scheduled, if you want to stop payment on the amount you 
think is wrong.

You  must  notify  us  of  any  potential  errors  in  writing  (or 
electronically). 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 the 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 the 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 in question even if your bill is correct.
Your Rights If You Are Dissatisfied  
With Your Credit Card Purchases
If  you  are  dissatisfied  with  the  goods  or  services  that  you  have 
purchased with your credit card and you have tried in good faith 
to correct the problem with the merchant, you may have the right 
not to pay the remaining amount due on the purchase.
To use this right, 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  (or  electronically)  at 
the address or website listed under What To Do If You Find a 
Mistake on Your Statement”. 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.

M-123256

SHARE-SECURED 
MASTERCARD®
AGREEMENT AND
DISCLOSURE 
STATEMENT

October 15, 2017

You  agree  to  the  following  terms  and  conditions  and  any 
amendments thereto.

Accepting This Agreement
Before  you  sign  or  use  the  SchoolsFirst  Federal  Credit  Union 
Mastercard® credit card issued to you, please read this Agreement 
thoroughly, because by using the credit card you will be agreeing 
with us to the terms and conditions stated in this Agreement. If 
you do not wish to be bound by this Agreement, do not use the 
credit card, and write to us and tell us that you wish to cancel your 
credit card account with us. If you have received a card or checks 
to access the card account, destroy them.

Definitions
In this Agreement the words “you”, “your”, and “yours” mean each 
and  all  of the person(s)  who  apply  for  and/or  use the card, the 
words  “credit  card”  mean  the  SchoolsFirst  Federal  Credit  Union 
Mastercard  credit  card,  and  the  words,  “we”,  “our”,  “us”,  and 
“Credit Union” mean the SchoolsFirst Federal Credit Union.
Liability of All Cardholders and Authorized Users
You  understand  that  you  are  liable  for  the  payment  of  all  sums 
due under this Agreement. If there is more than one borrower or 
authorized  user  on  this  account,  each  person,  individually,  and 
all persons jointly are obligated to repay all sums due under this 
Agreement. You agree that all statements made in your application 
for your credit card were for the purpose of obtaining credit and 
are  true,  correct,  and  complete  to  the  best  of  your  knowledge 
and belief.

Credit Limit
This Agreement establishes a credit card account for you with an 
open  end  line  of  credit.  Once  your  credit  limit  is  established,  a 
security  deposit  in  the  amount  of  your  credit  limit  will  be  held 
in  a  designated  share  account.  We  have  provided  you  with  a 
separate written disclosure stating the credit limit for purchases, 
balance transfers, and cash advances on your account, and that 
disclosure  is  made  a  part  of  this  Agreement  by  this  reference. 
Your monthly statements will show the amount of credit available 
to  you  for  purchases,  balance  transfers,  and  cash  advances  as 
of  the  statement  date.  We  will  give  you  written  notice  of  any 
change in your credit limit. If your credit limit is decreased for any 
reason, any subsequent request for a credit limit increase will be 
subject to credit application and approval. You agree not to use 
your account in any way which would make the unpaid balance of 
your  account  exceed  your  credit  limit.  You  also  agree  to  pay  us 
the amount of any transactions on your account in excess of your 
credit  limit  along  with  your  regular  minimum  payment  at  your 
next scheduled payment due date. Purchases, balance transfers, 
and advances are subject to daily limits that may restrict the full 
use of your credit limit.

Pledges of Shares
You grant us a consensual security interest in your account and 
have pledged funds on deposit for your Share-Secured Mastercard 
credit card in a designated share account to satisfy debts that are 
due us. We reserve the right to exercise this pledge of share for 
liabilities owed to us against the Share-Secured Mastercard credit 
card  account  held  by  you  individually  or  jointly  with  any  other 
person(s) to the fullest extent permitted by law.

Security
To secure your obligation, you grant us a security interest in your 
designated share account at the Credit Union, under a SchoolsFirst 

Federal Credit Union Mastercard Credit Card Security Agreement 
that you have signed. The Security Agreement is incorporated into 
and  made  part  of  this  Agreement  and  Disclosure  Statement  by 
this reference.

Personal Identification Number
A  Personal  Identification  Number  (PIN)  may  be  obtained  by 
selecting your own PIN at any SchoolsFirst Federal Credit Union 
branch or by calling 866.955.1347. This PIN may be used by you 
with your credit card to obtain a cash advance on your account at 
any  Automated  Teller  Machine  (ATM)  displaying  the  Mastercard 
logo. Please keep your PIN confidential and do not write it on or 
keep it with your credit card.

Credit Information
You  agree  that  we  may  re-examine  and  re-evaluate  your 
creditworthiness  at  any  time.  You  authorize  us  to  obtain,  from 
time to time, information from others, including, but not limited 
to  credit  reporting  agencies,  concerning  you  and  your  credit 
accounts.  You  also  authorize  us  to  respond  to  requests  from 
others and to provide information regarding the status and history 
of your account with us. However, we are not obligated to release 
any such information to anyone unless we are required by law to 
do so. You agree that we have the right to refuse future advances 
under  your  line  of  credit  or  reduce  your  credit  limit  upon  re-
examination  and  re-evaluation  of  your  creditworthiness,  should 
your creditworthiness change significantly.

Change of Name, Address, Employment, Telephone
You  agree  to  promptly  report  to  us  any  change  in  your  name, 
address, employment, or telephone number.

Balance Transfers
When the Credit Union uses the term “balance transfer” this refers 
to the transfer of balances from other lenders to your SchoolsFirst 
Federal Credit Union credit card.

Purchases/Balance Transfers/Cash Advances
You  may  access  your  line  of  credit  by  making  a  purchase  at  a 
merchant’s location that accepts the credit card, by requesting a 
Balance Transfer orally or electronically, or in writing, or by making 
a cash advance. We will not be responsible or liable to you should 
anyone  refuse  to  accept  or  honor  your  card,  or  should  anyone 
retain your card and not return it to you. You may request cash 
advances under this Agreement by writing a SchoolsFirst Federal 
Credit Union convenience check; by making a written, telephone 
or electronic request to us; or by requesting a cash advance at a 
financial  institution  or  an  ATM  that  accepts  the  credit  card.  You 
agree  to  repay  all  advances  for  purchases  and  cash  advances 
made to you or at the request of a joint borrower or authorized 
user under this Agreement, and you understand that all purchases 
and cash advances will be subject to the terms of this Agreement. 
You  agree  not  to  request  advances,  balance  transfers,  make 
purchases, or use your account in any way that would make the 
unpaid  balance  of  your  account  exceed  your  credit  limit.  Cash 
advances cannot be used to pay any amount you owe under this 
Agreement or under any other credit agreement or account you 
have with us now or in the future.

Minimum Monthly Payments
You  will  receive  a  statement  for  each  monthly  billing  period  in 
which  your  account  has  an  outstanding  or  credit  balance.  The 
minimum monthly payment on your account is calculated at 2% 
of  the  statement  balance  or  $25,  whichever  is  greater.  If  your 

account balance is greater than your limit or your account is past 
due, you will be billed for the greater of: the minimum monthly 
payment;  or  the  past  due  amount;  or  the  overlimit  amount.  If 
the  account  is  not  paid  down  to  the  limit  or  below,  the  account 
is  subject  to  closure.  The  minimum  monthly  payment  must  be 
received  at  the  payment  center  on  or  before  the  payment  due 
date  reflected  on  the  front  of  your  monthly  billing  statement  or 
the  payment  may  be  considered  past  due.  Payments  made  in 
excess of the minimum payment will be applied first to the balance 
with  the  highest  interest  rate,  then  successively  to  each  lower 
interest rate until the excess payment amount is exhausted. If you 
have a credit balance on your account due to merchant credits, 
adjustments or overpayments, we will hold and apply this credit 
balance  against  future  purchases  and  cash  advances,  or  refund 
it at your written request. An increase or decrease in the Annual 
Percentage  Rate  may  result  in  an  increase  or  decrease  in  your 
monthly payment.

Promise to Pay
You  agree  to  pay  us,  at  the  payment  address  stated  on  the 
front  of  your  monthly  billing  statement,  all  sums  which  have 
been  accumulated  on  your  account  by  you  or  others  with  your 
permission, together with any finance charges, late charges and 
any other service charges computed on your account as set forth 
in this Agreement.

Authorizations
Most  transactions  require  approval  of  funds.  Approvals  result  in 
placing a hold against your credit limit. We may limit the number 
or  amount  of  approvals  or  purchases  and  advances  per  day  or 
deny transactions when we detect unusual or suspicious activity, 
even if you have sufficient credit available. We are not liable for 
failing to approve any transaction and we may, although we are 
not required to, approve transactions above your available credit. 
We are not liable if a merchant, financial institution, or ATM does 
not honor your card.

Membership Requirement
You must be a Member in good standing to be eligible for a credit 
card with us. We may suspend card privileges, including closing 
your account, if you do not maintain your Membership with us in 
good standing.

Responsibility for Account
You agree to repay us according to the terms of this Agreement for 
all purchases, balance transfers, advances, finance charges, fees 
and collection costs, if any, arising from the use of this account 
by  you  or  any  other  person  you  permit  to  use  your  card  and/
or  account  (even  if  that  person  exceeded  the  amount  for  which 
you gave permission). If you decide to close your account, please 
notify us orally or in writing and return all card(s) on the account. 
You  remain  liable  for  any  transactions  to  the  account  that  we 
cannot prevent after you notify us. Any person using the account 
and/or card is jointly and severally responsible for all charges on 
the account.

Lost, Stolen or Unauthorized Use
It  is  important  to  continually  monitor  your  monthly  statements 
to  identify  any  unauthorized  transactions.  If  your  card  is  lost 
or  stolen,  or  you  believe  that  someone  has  accessed  or  may 
access money from your card without your permission, notify us 
immediately. If you notice unauthorized or fraudulent activity on 
your card, notify us immediately. Notify us at the phone number 

or address listed on your statement under “How to Reach Us”. See 
Your Billing Rights for further information. If your card is used 
fraudulently, you agree to assist us in our investigation and to sign 
and return the Cardholder Dispute Form. 

Annual Percentage Rate
This  Agreement  establishes  the  Annual  Percentage  Rate  for 
Purchases, Balance Transfers and Cash Advances under this credit 
card  program.  We  have  provided  you  with  a  separate  written 
disclosure  stating  the  Annual  Percentage  Rate  that  will  apply  to 
purchases, balance transfers, and cash advances on your account. 
That disclosure is made part of this Agreement by this reference. 

The Annual Percentage Rate is currently fixed and will remain 
fixed  for  a  minimum  of  one-year  after  account  opening.  The 
Annual  Percentage  Rate  is  subject  to  change  thereafter.  Should 
the  Annual  Percentage  Rate  change,  a  45-day  Change  in  Terms 
Notice  (CIT)  will  be  issued  and  balances  resulting  from  charges 
incurred prior to and up to 14 days after the issuance of the CIT 
will be protected at the Annual Percentage Rate existing prior to 
the change to the Annual Percentage Rate. This does not apply to 
the penalty Annual Percentage Rate referenced on your disclosure. 
Note that an increase in the Annual Percentage Rate may result 
in  greater  interest  charges  and  a  larger  monthly  payment.  The 
maximum Annual Percentage Rate is 18.00%.

Annual Percentage Rate - Penalty Rate
If your credit card account is delinquent 60 days, we will increase 
your Annual Percentage Rate on the entire balance to 17.90%. 
The  Penalty  APR  will  continue  to  apply  unless  you  make  6 
consecutive  minimum  payments  when  due  (beginning  with  the 
billing cycle immediately following the application of the Penalty 
APR) and do not exceed your credit limit during that time period. If 
these requirements are met, your credit card rate will be lowered 
to reflect your original tier.

Monthly Periodic Rate
The  Monthly  Periodic  Rate  is  determined  by  dividing  the  Annual 
Percentage Rate by twelve (12 months in a year).
Calculation of Interest Charges
Interest Charges for each monthly billing cycle will be calculated 
by multiplying the Average Adjusted Daily Balance by the Monthly 
Periodic  Rate.  We  will  calculate  your  Average  Adjusted  Daily 
Balance as follows: We take the outstanding balance (all amounts 
you owe) at the start of the day. Then, in the sequence in which 
the  amounts  post  to  your  account,  we  add  the  amount(s)  of  all 
debits  and  subtract  the  amount(s)  of  all  payments  and  credits 
which post to your account that day. After applying payments and 
credits, we subtract any amount of late charge, interest charge, 
and any other charges that remain unpaid.
The  result  is  the  adjusted  daily  balance  for  that  day.  We  add 
together all the adjusted daily balances for each day in the billing 
cycle  and  divide  the  total  by  the  number  of  days  in  the  billing 
cycle.  The  result  is  the  Average  Adjusted  Daily  Balance  for  that 
billing cycle.
Interest Charges are imposed only if you do not pay in full the new 
balance for Purchases/Balance Transfers shown on your Periodic 
Statement  within  25  days  of  the  end  of  the  statement  period. 
However,  interest  charges  will  be  assessed  and  will  accrue  on 
any  cash  advance  (see  Purchases/Balance  Transfers/Cash 

Advances) from the date that such cash advance transaction 
is posted to your account to the date the cash advance balance 
is paid in full or the Statement Closing Date whichever comes 
first, even if payment of the entire New Balance is received by 
us by the Payment Due Date. In other words, there is no time 
period within which credit extended to you by a cash advance 
may be repaid without incurring an interest charge.

Late Charge
If  the  minimum  payment  due  is  not  received  by  the  Credit 
Union within 15 days after the payment due date, a late charge 
of $25 will be imposed.

Additional Fees and Service Charges

We may charge additional service charges for the following:

•  each draft copy that you request: $10
•  additional  copies  of  your  monthly  billing  statement:  $2 

(per statement)

•  any  payment  instrument  or  method  including  check,  in-
person, ACH or other electronic transaction returned to us 
for any reason: $20

•  researching  transactions  occurring  prior  to  your  most 
recent account statement: $20 per hour, minimum $20

•	 card replacement fee: $5
•	 convenience check stop payment: $15
•	 balance transfer stop payment fee: $15
•	 each request to have a credit card delivered by courier: 

$20

Change in Terms
This Agreement is the contract which applies to all transactions 
on your Account, even though the sales, Cash Advance, credit, 
or other documents you sign, agree to, or receive, may contain 
different  terms.  We  may  amend,  modify,  add  to,  or  delete 
from  this  Agreement  any  term,  condition,  service,  or  feature 
at any time, including the amount or calculation of INTEREST 
CHARGES. Unless we state otherwise, the change will affect any 
unpaid balance outstanding and any subsequent transactions. 
A  notice  will  be  mailed  to  your  last  known  address  at  least 
forty-five  (45)  days  prior  to  the  effective  date  of  the  change 
as required by federal or other law. When a notice of change in 
terms is required, it may be sent as late as the effective date of 
the change when the change has been agreed to in writing by 
you. Rates are based on approved credit. 

Cancellation/Revocation of Card
You  may  cancel  your  card  at  any  time  in  writing  or  over  the 
phone. Cancellation of the card will end all charging privileges. 
The balance must be paid in full at the time of closure. Funds 
in  the  designated  share  account  may  be  used  to  pay  off  the 
balance.  Any  funds  in  excess  of  the  balance  pay  off  will  be 
returned to you. We have the right to revoke your right to use 
the  credit  card  at  any  time.  We  can  do  this  with  or  without 
cause  and  without  giving  you  notice.  We  may  list  revoked 
credit cards in a cancellation bulletin or otherwise inform firms 
honoring the credit card that the credit card issued to you has 
been  revoked  or  cancelled.  If  we  revoke  the  credit  card  or  it 
expires,  we  reserve  the  right  to  offset  the  remaining  balance 
with the security in the designated share account (See Pledges 
of Shares). Also, if a firm that accepts the credit card asks you 
to surrender an expired or revoked credit card, you must do so. 
You may not use the credit card after it has expired or after it 
has been revoked. Cancellation or revocation of your credit card