VISA CREDIT CARD AGREEMENT AND FED-

that cycle’s FINANCE CHARGE as the beginning balance for

Payment Due” will include the Minimum Payment Due, Past

and processed, I will still be responsible for such charges. 

LATE PAYMENTS AND INCREASE TO APR

ERAL TRUTH-IN-LENDING DISCLOSURE

that day would have already been determined.

Due Amounts, any Fees and Late Charges, and any amount in

STATEMENT

In the following Visa Credit Card Agreement and Federal

Truth-in-Lending Disclosure Statement (“Agreement”), the

words “I,” “me,” “mine,” “my,” “us,” “they,” “their,” and “our”

mean each and all of those who apply for or use a Digital

Federal Credit Union (DCU) Visa Card(s) whether Prime

Owner, Co-Borrower, or other authorized user.  The words

“you,” “your,” and “yours” mean DCU.  “Card” means Visa

Average Daily Balance: Although the FINANCE CHARGE is

excess of my Credit Limit.

ELECTRONIC FUNDS TRANSFER

In the event that the use of my Card or Account Number 

calculated daily, the Average Daily Balance is provided on my

OTHER FEES

constitutes an electronic funds transfer, the terms and condi-

statement for reference. The Average Daily Balance is the total

Additional fees, as stated in your Schedule of Fees and Service

tions of the “Electronic Services Disclosure and Agreements” I

FINANCE CHARGE for the cycle divided by the number of

Charges, may apply. 

received from you will govern such transactions to the extent

days in the cycle divided by the Periodic Rate. The Periodic 

Rate is APR divided by 365. I understand there may be minor 

CREDIT LIMIT

that it expands or amends this Agreement.

variations due to rounding.

You established a Credit Limit for me.  This was stated in my

PREPAYMENT OR IRREGULAR PAYMENTS

Platinum, or Visa Platinum Rewards issued to me and any

MILITARY LENDING ACT DISCLOSURE

duplicates you may issue.  “Account” means my Visa Credit

For extensions of Consumer Credit to Covered Borrowers, 

Card Account with you.  “Statement” means my Visa Monthly

as those terms are defined within the Military Lending Act 

Statement of activity and payment information. "Letter" means

regulations under 12 USC 232, Federal law provides important

the Visa Credit Card Approval Letter that is sent once a Visa is

protections to members of the Armed Forces and their 

approved and is incorporated herein by reference. This account

dependents relating to extensions of consumer credit. In general,

is subject to the Visa Additional Federal Disclosure Table &

the cost of consumer credit to a member of the Armed Forces

Letter.  I agree not to let the unpaid balance exceed this Credit

Although I must pay the Total Minimum Payment Due, I under-

Limit.  I agree to advise you of any change in my financial 

stand that I have the right to make additional payments at any

condition which may affect my creditworthiness.  I agree that I

time without penalty.  I also understand I will only be charged a

will update the credit information I have provided you, from

FINANCE CHARGE to the date I repay my entire loan. I may

time to time, on your request.  I may request an increase in my

make larger payments without penalty and this may reduce the

Credit Limit with the understanding that Credit Limit increases

total amount of FINANCE CHARGE I will repay. Any partial

must be approved by you. 

payment that (a) delays or (b) accelerates the repayment of 

my unpaid balance will (a) increase or (b) decrease my

Schedule of Fees and Service Charges also incorporated herein

and his or her dependent may not exceed an annual percentage

PURCHASES, ADVANCES, AND LIMITATIONS

by reference.  I agree to its terms and conditions as well as the

rate of 36 percent. This rate must include, as applicable to the

I may make purchases and request advances in accordance with

following terms and conditions and any amendments thereto,

credit transaction or account: The costs associated with credit

the current loan policies up to my Credit Limit. I understand and

FINANCE CHARGE.

DEFAULT

by requesting and receiving, signing, using, or permitting others

insurance premiums; fees for ancillary products sold in 

agree that all purchases, advances, and other transactions 

to use the Visa Card(s) and/or Account issued to me by DCU.

connection with the credit transaction; any application fee

requested by me are subject to your authorization and/or approval

If I fail to pay at least the total “Minimum Payment Due” by the

payment “Due Date” my payment will be considered late and I

may be considered in default.  If my payment is considered 60

days late at any time, I understand the Annual Percentage Rate

(APR) used in calculating the FINANCE CHARGE, will be

changed to that stated in the enclosed Disclosure Table. The

adjusted rate will be effective as of the date stated in the notice

which you will send me no later than 45-days prior to 

implementing the change and will remain in effect indefinitely

unless the first six (6) payments due after the application of the

Penalty Rate are made on time, in which case the rate will be

restored to that which was in effect prior to the Penalty Rate being

applied. If at anytime you consider my account in default, I 

understand you may demand full payment and return of my

Card(s). I also agree to pay outstanding Fees, collection costs, 

reasonable attorney fees, and court costs as applicable.

RESPONSIBILITY

I agree to repay you according to the terms of this Agreement for

all purchases, advances, FINANCE CHARGES, Fees and Late

Charges  , and collection costs arising from the use of the Account

by me or any other person I permit to use my Account even if

that person exceeds my permission.  Any person using the

Account is jointly and severally responsible with me.

9:00 am to 3:00 pm, Eastern time.

ACCESSING THE ACCOUNT

other loan(s) with you, or (h) I have made any misrepresentation

other slips I sign or receive may contain different terms.  I

PAYMENT

I promise to repay you in United States dollars at your office,

or at the address indicated on my Statement, all sums advanced

to me or any person I permit to use this account as well as any

applicable FINANCE CHARGE, fee, or service charge in

accordance with the terms and at the rates set forth herein.

Payments will be credited to my DCU balance upon receipt. I

charged (other than certain application fees for specified credit

and that, for security reasons you may limit the number of these

transactions or accounts); and any participation fee charged

transactions authorized daily.  If circumstances beyond your 

(other than certain participation fees for a credit card account).

reasonable control (such as the electronic authorization system

To hear this disclosure and a description of you payment 

being “down”) prevent authorization from being obtained, I

obligation, please contact DCU toll free at 800.328.8797, 

understand that approval may be based on an adjusted Credit

weekdays from 8:00 am to 9:00 pm and Saturdays from 

Limit, not to exceed my actual available Credit Limit.

will allow one business day for payments to be reflected in my

MINIMUM PAYMENT

I may authorize a purchase by presenting my Card or Card

available balance with Visa.

I must pay at least the “Required Payment Due” by the payment

Number to a participating VISA plan merchant.  Authorized

ANNUAL PERCENTAGE RATE (APR)

The APR used to calculate the FINANCE CHARGE when appli-

cable on DCU's Visa Credit Card Accounts is a variable rate.

The APR for my Visa Credit Card Account was stated in the

Letter and was based in part on my personal credit history. 

PERIODIC FINANCE CHARGE

FINANCE CHARGE begins to accrue from the date the transac-

tion is posted to my Account. The FINANCE CHARGE is calcu-

lated (and stored) each day during the billing cycle by taking the

beginning day’s balance and multiplying it by the Periodic Rate

divided by 365. The total FINANCE CHARGE for the Billing

“Due Date” shown on my Statement. The “Required Payment

Cash Advances, for purpose of this disclosure and reflected on

Due” includes the Minimum Payment Due, Past Due amounts,

my Statement as such, would be transactions by any of the fol-

any outstanding  fees, and any amount in excess of my Credit

lowing methods: presenting my Card or Card Number to you or

Limit, as applicable. I may pay more than the Required Payment

another financial institution and signing or authorizing a cash

Due, pay more frequently or pay the Previous Balance which

advance draft; my properly completing a VISA draft; using my

includes any FINANCE CHARGE due, and by doing so will

Personal Identification Number (PIN) in conjunction with my

reduce my FINANCE CHARGE.  Information regarding my

Card at an Automated Teller Machine (ATM) or other type of

Minimum Payment Due is stated in the Disclosure Table.

electronic terminal that provides access to the VISA system;

APPLICATION OF PAYMENTS

transferring or withdrawing funds directly from my DCU Visa

Account through Online Banking, your home banking system;

I understand that any Payment received is applied in the follow-

authorizing a Balance Transfer whether via your home banking

ing order as applicable: (1) Miscellaneous and Late Fees, (2) all

system, in-person at a branch location, or over the phone via

unpaid FINANCE CHARGE, (3) principal.  Principal is reduced

your Call Center; or, having previously authorized your advanc-

Cycle is the sum of all stored FINANCE CHARGES for that

in the following order:

cycle. No FINANCE Charge will be imposed on new purchases

which appear for the first time during the Billing Cycle if the

entire Previous Statement Balance (including unpaid FINANCE

CHARGE) is paid in full by the payment Due Date and there is

no new cash advance activity. Cash Advances will incur a daily

• Purchase balance as of last statement

• Cash advance balance as of last statement

• Purchase this cycle

• Cash advances this cycle

ing of funds from this Account to clear the amount of any over-

draft on my DCU Checking Account up to my available Credit

Limit, in such increments as you may determine, and without

any advance notice to me. 

I may be considered to be in default if (a) I do not pay the Total

Minimum Payment Due on time, (b) my share account(s) is

seized or attached by legal process and I have authorized you to

automatically transfer payments from such account(s) to my

VISA account, (c) I exceed my Credit Limit, (d) I fail to adhere to

any of the terms of this Agreement, (e) my creditworthiness is

CHANGE IN TERMS

impaired, (f) I die, become insolvent or I am the subject of 

This agreement is the contract which applies to all transactions

bankruptcy or receivership proceedings, (g) I am in default on any

on my Account even though the sales, cash advance, credit, or

in connection with the loan application and/or this Agreement.  If

understand that you may amend, modify, add to, or delete from

I am in default, you may terminate this Agreement, terminate any

this Agreement any of the terms and conditions including the

accumulated points (if applicable), and demand immediate 

method of application and the amount of FINANCE CHARGE,

payment of my entire loan.  I understand that FINANCE

effective as to any subsequent advance, by mailing a notice of

CHARGES, Late Charges and other fees (if any) permitted under

the change to me at my last known address.  I also understand

this Agreement will continue to accrue until I repay my entire

that any such notice will be mailed at least forty-five (45) days

loan.  I also agree to pay your collection costs, reasonable 

prior to the effective date of the change as required by Federal

attorney's fees, and court costs should they become necessary. If I

or other law. Notice of the change in terms is required, but may

am in default at the time of reissue of my Card(s), you will not

be sent as late as the effective date of the change where the

reissue my Card(s).

TERMINATION

change has been agreed to in writing by me.  

SURRENDER OF CARD(S)

You may terminate this Agreement upon adverse re-evaluation

The Card(s) remains your property and I agree to surrender the

of my creditworthiness or my default.  By giving written notice,

Card to you upon request.  You may cancel, modify, or restrict

either you or I may terminate this Agreement for other good

the use of the Card and/or Account with or without notice: if

cause. In addition, you may suspend credit privileges or reduce

my Account is in default, if you are aware that I have violated

my credit limit upon adverse re-evaluation of my creditworthi-

any term of this or any other DCU Disclosure or Account

ness. Written requests to remove a borrower's right to obtain

Agreement whether or not you suffer a loss, or when necessary

advances or make purchases under this Agreement will 

to maintain or restore the security of my Account(s) which you

permanently close the account to any further advances or 

may choose to do, for example, if my Card remains inactive in

purchases.  I must write you at:  DCU, Attn: Card Services, 

excess of twelve months and there is no outstanding balance.

01752-9130.  In no event will any termination relieve me of my

LOST OR STOLEN CARD(S) AND 

obligation to repay sums already borrowed, Late Charges, Fees

UNAUTHORIZED USE

and Late Charges, collection costs, reasonable attorney's fees,

I agree to notify you within 48 hours if I believe my Card(s) has

been lost or stolen.  To report a lost or stolen Card(s), or the

unauthorized use of my Card(s), Account Number, Personal

Identification Number (PIN), or any combination of the three, I

must call you at: 800.328.8797, or write you at: DCU, Attn: Card

Services, 220 Donald Lynch Blvd., PO Box 9130, 

FINANCE CHARGE for each day the Cash Advance balance

will be applied to balances in descending rate order as applicable.

activity or transaction.  Further, I may not utilize my Card

220 Donald Lynch Blvd., PO Box 9130,Marlborough, MA

Payments received that are in excess of the required minimum

My Card and/or Account may not be used for any illegal 

remains on the account. You define Cash Advance in this disclo-

If all principal balances have the same rate, the payment is

sure under ACCESSING THE ACCOUNT.

applied to those balances that are in-grace first (e.g. new

and/or Account for the purchase of any goods or services on the

Internet that involves gambling of any sort.  Such transactions

FINANCE CHARGE is calculated using the balance as of the

Debit balances).

beginning of each day in the Billing Cycle. While transactions

actually posted to my account on the Billing Cycle Close Date

LATE CHARGE

Purchases), then to non-grace balances (e.g. Cash Advance/Other

include, but may not be limited to, any quasi-cash or online

court costs, and FINANCE CHARGE.  

gambling transaction, any electronic commerce transaction 

conducted on an open network, and any betting transaction

CHANGE OF NAME, ADDRESS, EMPLOY-

will be included in the Balances and other Totals at the bottom of

each statement, they will not have been used in the calculation of 

A Late Charge will be assessed on my Account if my “Required

including the purchase of lottery tickets or casino gaming chips

Payment Due” is not received by you at the address on the front

or off-track betting or wagering.  However, in the event that a

MENT, OR CREDITWORTHINESS

I agree to notify you of any change in my name, address,

of my Statement by the payment “Due Date.”  The “Required

charge or transaction described in this paragraph is approved

employment, or creditworthiness.

Marlborough, MA 01752-9130. I may be liable for the unau-

credit to my Account. If this credit exceeds my outstanding

ing stop payment. You will charge a fee when I place a Stop

to send me a Statement for the amount I question, including

thorized use of my Account. I will not be liable for unautho-

balance, any residual will be transferred to my share account.

Payment on my check(s) which will be billed to my Account.

any FINANCE CHARGES and you can apply any unpaid

rized use that occurs after I notify you by phone or when you

receive my written notification at the above address. In any

case, my liability for unauthorized use will not exceed $50.00.

DELAY IN ENFORCEMENT

Surrender of Visa Checks: Checks are your property. You

You can delay enforcing any of your rights under this

reserve the right to revoke them at any time. I agree to return

amount against my credit limit. I do not have to pay the amount 

in question while you are investigating but am still obligated to 

pay the portion(s) of my Statement that are not in question.

However, in accordance with Visa International, Inc. Operating

Agreement without losing them.

them at your request.

VISA

®

CREDIT CARD

AGREEMENT AND FEDERAL

Rules and Regulations, my liability for fraudulent transactions

resulting from the use of a lost/stolen Card will be $0.

GOVERNING LAW

COPY RECEIVED

I understand and agree that this Agreement is made in

I acknowledge receipt of this copy of your “Visa Credit Card

If you find that you made an error, I will not have to pay any

TRUTH-IN-LENDING 

TRANSACTION SLIPS

Massachusetts and shall be governed by the Laws of the 

Agreement and Federal Truth-in-Lending Disclosure

My Statement will identify the merchant, electronic terminal,

Statement” and accept and agree to its terms and conditions.

FINANCE CHARGE related to any questioned amount. If

you did not make an error, I may have to pay applicable

DISCLOSURE STATEMENT

or financial institution at which transactions were made but

Commonwealth of Massachusetts to the extent that

sales, cash advances, credit, or other slips cannot be returned

Massachusetts law is not inconsistent with controlling federal

NOTICE

law. I also understand that Massachusetts' choice of law rules

See the statement below for important information regarding

shall not be applied if they would result in the application of

my right to dispute billing errors.

non-Massachusetts law.

FINANCE CHARGES and I will have to make up any missed

payments on the questioned amount. In either case, you will

send me a Statement showing the amount I owe and the date

that it is due. If I then fail to pay the amount that you think I

owe, you may report me as delinquent. However, if your

with the Statement. I will retain the slips furnished at the time

of transaction in order to verify my Statement activity. You

may charge a Duplicate Copy fee for any photostatic copies of

slips I request.

CREDIT INFORMATION

I authorize you to investigate my credit standing when opening,

renewing, or reviewing my Account and I authorize you to dis-

close information regarding my Account to others who inquire

of you about my credit standing to the extent authorized by law.

PLAN MERCHANT DISPUTES

You are not responsible for the refusal of any plan merchant

or financial institution to honor my Card. You are subject to

claims and defenses (other than tort claims) arising out of

goods or services I purchase with the Card, only if I have

made a good faith attempt but have been unable to obtain 

satisfaction from the plan merchant, and (a) my purchase was

made in response to an advertisement you sent or participated

MY BILLING RIGHTS

explanation does not satisfy me and I write to you within ten

INTEGRATED DOCUMENT(S)

(KEEP THIS NOTICE FOR FUTURE REFERENCE)

(10) days telling you that I refuse to pay, you must make

Any separate sheet of paper labeled “Additional Federal

This notice contains important information about my rights

everyone that you report to aware that I have questioned your

Disclosure” which is delivered with or separate from this 

and your responsibilities under the Fair Credit Billing Act.

Statement and you must tell me the name of anyone you

document is an integrated part of this Agreement and is 

report to. Further, you must notify anyone that you report to

incorporated by this reference.

NOTIFICATION IN CASE OF ERRORS OR 

QUESTIONS ABOUT MY STATEMENT

upon resolution of this matter.

ADDITIONAL TERM APPLICABLE TO VISA

If I think my Statement is wrong, or if I need more informa-

If you do not follow these rules, you cannot collect the first $50

CHECKS

tion about a transaction on my Statement, I must write you on

of the questioned amount, even if my Statement was correct.

IMPORTANT DOCUMENT

PLEASE KEEP FOR YOUR 

RECORDS

Check Uses: I can use my Visa Checks (“Checks”) to 

a separate sheet at: DCU, Attn: Card Services, 220 Donald

purchase goods and services or to obtain cash up to the

Lynch Blvd., PO Box 9130, Marlborough, MA 01752-9130.

SPECIAL RULES FOR CARD PURCHASES

If I have a problem with the quality of property or services

amount of my Credit Limit. Use of my Checks is a cash

advance on my Visa Account.

I must write as soon as possible. You must receive notification

purchased with my Credit Card, and I have tried in good faith

from me no later than sixty (60) days after you send me the

to correct the problem with the merchant, I may have the right

Limitations: You are not required to honor a Check that will

FIRST Statement on which the problem or error appeared. I

to not pay the remaining amount due on that property or 

cause me to exceed my Credit Limit. You will not pay a

may telephone you but doing so WILL NOT preserve my

service provided (a) I made the purchase in my home state or

in sending me; or (b) my purchase cost more than $50 and

Check if at the time the Check is presented, I am in default or

rights. In my letter, I must:

was made from a plan merchant in my state or within 100

you have suspended, terminated, or canceled my Account.

miles of my current mailing address. I must resolve any other

Each Check must be in the form you have issued to me.

dispute directly with the plan merchant.

Checks may be used only by the person(s) whose name(s) is

          1. Tell you my name and account number;

          2. Reference the dollar amount of the suspected 

printed on the Checks. I am responsible for all authorized use

error; and,

within 100 miles of my current mailing address; and (b) the

purchase was for more than $50.

These  limitations do not  apply  if  you  own  or  operate  the

merchant,  or  if  you mailed  the  advertisement  for  the 

FOREIGN TRANSACTIONS

Purchase and Cash Advances I make in foreign countries and

in foreign currencies will be billed to me in U.S. dollars. The

of my Checks. I may not use my Checks to pay any amount

which I owe you under my Account.

exchange rate between transaction currency and the billing

Periodic Statements: My Statement will show me an itemiza-

currency used for processing international transactions is a

tion of the Checks posted to my Account during the billing

rate selected by Visa from the range of rates available in

cycle. Checks paid by you will not be returned to me with my

wholesale currency markets for the applicable central process-

Statement.

          3. Describe the error or the transaction and explain as

clearly as I can why I believe it is an error or why I

need more information.

property  or  services.

SEVERABILITY

If I have authorized you to make my Credit Card payment

If  any  provision of  this Agreement  is  found  to  be  unlawful

automatically from my Savings or Checking Account, I can

or  unenforceable,  that  provision  shall  be  deleted  from  this

stop the payment on any amount I think is wrong. To stop the

Agreement  and  the  remaining  provisions  shall  remain  in

payment, I must write you at: Digital Federal Credit Union,

full  force  and  effect.

ing date, which rate may vary from the rate Visa itself

receives; or the government-mandated rate in effect for the

applicable central processing date.

PAYMENTS MARKED “PAID IN FULL”

You may accept checks or other types of payment which are

marked “payment in full” or use 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 you only

in a written agreement, signed by an authorized representative.

Returned Check Fee: You will charge a fee per returned

Attn: Loan Servicing, 220 Donald Lynch Blvd., PO Box

Check which will be billed to my Account, if my Check(s)

9130, Marlborough, MA 01752-9130. You must RECEIVE

cannot be paid.

my letter no later than three (3) business days before the auto-

Stop Payment: Provided such request is timely, so that you

matic payment is scheduled to occur.

shall have a reasonable opportunity to act upon it under your

MY RIGHTS AND YOUR RESPONSIBILITIES

rules, I may order a Stop Payment on a Check drawn on my

AFTER YOU RECEIVE MY WRITTEN NOTICE

Account, other than one that has been guaranteed. You may,

You must acknowledge my letter within thirty (30) days, unless

but shall not be obligated to, receive such order orally. In such

you have corrected the error within that time. Within ninety

event, the order shall be valid for only fourteen (14) days

(90) days, you must either correct the error or explain why you

thereafter unless confirmed in writing. Written stop payment

believe the Statement was correct.

  Effective January 2019

220 Donald Lynch Blvd • PO Box 9130

Marlborough, MA 01752-9130

800.328.8797

dcu.org • dcu@dcu.org

TTY: 800.395.5146 (For Hearing Impaired Only)

RETURNS AND ADJUSTMENTS

orders will remain in effect only six (6) months unless

After you receive my letter and during your investigation, you

M718   D514B (4.2020)

Merchants and others who honor my Card may give credit for

renewed in writing. I have the burden of establishing the fact

returns or adjustments, and they will do so by transmitting a

and amount of loss resulting from payment contrary to a bind-

cannot try to collect any amount I question or report me as

delinquent for my failure to pay this amount. You can continue

- Additional Federal Disclosure Table -

Annual Percentage Rate (APR) for 
Purchases,Balance Transfers, and 
Cash Advances

Penalty APR (delinquency) and When It
Applies

How Long Will the Penalty APR Apply? 

How to Avoid Paying Interest on Purchases

Minimum Interest Charge
For Credit Card Tips from the Consumer 
Financial Protection Bureau
Fees
Annual Fee
Minimum Finance Charge:

(cid:149)    Balance Transfer
(cid:149)    Cash Advance
(cid:149)    Foreign Currency Transaction

Penalty Fees:

(cid:149)    Late Payment
(cid:149)    Overlimit

DCU Visa: 9.25% to 18.00% when you open your account, based on your 
creditworthiness. After that, your APR will vary with the market based on Prime Rate*.
DCU Rewards Visa: 12.00% to 18.00% when you open your 
account, based on your creditworthiness. After that, your APR will vary with the market 
based on Prime Rate*.
DCU Secured Visa: 12.25% After that, your APR will vary based on 
Prime Rate*.
18.00% 
This APR may be applied to your account if you make a late payment.

If your APR is increased for this reason, the Penalty APR will apply until you
have made six consecutive payments (minimum or higher) when due, beginning 
with the first payment due following the effective date of the change.

Your due date is approximately 25 days after the close of each billing cycle.
We will not charge you interest on purchases if you pay your entire balance by
the due date each month.
None

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

None

None
None
None

Up to $35.00 per occurrence
None

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)".

* The Prime Rate used to determine your APR is the Prime Rate as published in the Wall Street Journal at the end of the month immediately preceding the start of each 

billing cycle.

The above information is current as of June 13, 2022, and is subject to change after that date. Please contact us at any branch, by emailing us at dcu@dcu.org or by 
calling 800.328.8797 if you wish to ascertain what changes, if any, have been made to the Credit Union’s Visa credit card program since that date. (See also DCU’s 
Visa Credit Card Agreement and Federal Truth in Lending Disclosure Statement).

M718a X467A (6.2022).