7.00”

7.00”

7.00”

7.00”

”

0

5

.

3

”

0

5

.

3

”

0

5

.

3

a Zero Liability Notice given to us more than 60 days after 
a Fraudulent Activity Statement is made available to you is 
“presumed not to be given within a reasonable time.

(c)  Timing of Provisional Credit. We will give you provisional 
credit for any Fraudulent Transactions with respect to which  
you have given us a prompt Zero Liability Notice. We will  
generally  make  provisional  credit  available  to  you  within  
5 business days (or such earlier time as may be required by 
applicable  law)  after  you  give  us  a  prompt  Zero  Liability 
Notice.

(d)  Our  Provisional  Credit  Actions.  We  may  withhold,  delay, 
limit,  or  rescind  provisional  credit  if  we  conclude,  after 
verification  and  investigation  of  your  claim,  account 
standing,  and  history,  that  (i)  Fraudulent  Transactions 
occurred  on  account  of  your  gross  negligence  or  fraud, 
and/or  (ii)  you  did  not  promptly  report  unauthorized  use 
of  your  Card,Convenience  Checks,  or Account  Number  as 
required  in  section  16.18.Termination.  Either  you  or  we 
may terminate or suspend your credit privileges under this 
Agreement at any time, to the extent permitted by applicable 
law. To  terminate  your Account,  or  any Terminated  User’s 
Card or Convenience Checks, you must notify us in writing. 
We  will 
terminate  your  Account  upon  your  death.  
Upon termination or suspension, you (or your estate) are still 
obligated to pay your Balance. If you or any Terminated User 
continue  to  use  a  Card, Account  Number,  or  Convenience 
Checks after you receive notice of termination or suspension 
from us and we pay a fee to a Person to recover such Card or 
Convenience Checks, the amount of that fee may be charged 
to  your  Account  as  a  Credit  Purchase,  even  after  your 
Account has been closed.

19. Other Loans You Have With Us; Right of Offset. If you have 
other loans or credit extensions from us, or take out other loans  
or  credit  extensions  from  us  in  the  future,  collateral  securing  
those loans or credit extensions may also secure your obligations 
under  this  Agreement.  If  you  have  executed  a  written 
agreement  granting  a  security  interest  in  any  deposit  accounts 
(checking,  savings,  or  money  market  accounts)  or  other 
funds  held  by  us  to  secure  your  obligations  under  this 
Agreement,  or  any  other  agreement  with  us,  such  accounts 
and/or funds are additional collateral for your obligations to us 
arising from use of your Card or Account.

20. Default. 

(a)  You will be in (“Default”) on this Agreement if:

i)  you  do  not  pay  at  least  the  Minimum  Payment  on  or  

before the Due Date;

ii)   you  become  subject  to  bankruptcy  or  insolvency  

proceedings;

iii)  you  or  your  property  are  subject  to  attachment  or  

garnishment proceedings;

iv)  you are in default on any other loans or credit extensions 

from us;

v)  you provide us with any false information or signature; 

or

vi)  you fail to comply with any provision of this Agreement.
(b)  If  you  are  (i)  in  Default  under  Section  20(a)(i)  for  more 
than 60 days, or (ii) in Default under any other provision of  
Section 20(a), upon notice and otherwise in accordance with  
applicable law, we may increase your APRs (including any 
introductory APR) for all Transactions up to the Penalty APR 
and the Penalty APR may be applied to your Account. If the 
Penalty Rate is applied to your Account due to a Default under 
Section  20(a)(i),  your  APRs  may  be  reduced  from  the  
Penalty  APR  after  six  consecutive  months  of  making 
payments on time beginning with the first payment following 

 M-122844
the  effective  date  of  the  increase.  If  the  Penalty  APR  is 
applied  to  your Account  due  to  a  Default  under  any  other 
provision of Section 20(a), the Penalty APR could apply to  
your  Account  indefinitely.  The  “Penalty  APR”  will  be 
calculated  by  adding  a  18.90%  Margin  to  the  Index  Rate,  
asset  forth  on  the  Disclosure.  If  you  are  in  Default,  you  
authorize  us  to  apply  the  funds  in  any  deposit  account  in 
which we have a security interest to pay your Balance. If your  
Account is referred for collection to an attorney who is not 
one of our salaried employees, you agree to pay reasonable  
attorneys’ fees as determined by the court, plus assessed court 
costs.  Our  failure  to  exercise  any  of  our  rights  under  this  
Agreement,  including  acceptance  of  a  payment  or  late  
payment fee after a Due Date or after you have exceeded your 
Credit Limit, does not mean that we have waived our rights, 
nor will such failure prevent us from exercising our rights later. 
Upon termination, you must return all Card(s) (cut in half)  
and all Convenience Checks (marked “Void”) to us.
21.  Change  of Terms. To  the  extent  permitted  by  applicable  law,  
we may change the terms of this Agreement at any time including, 
but not limited to, the APR, the formulas we use in computing 
the  interest  charge,  the  method  of  computing  the  Minimum  
Payment,  the  types  and  amounts  of  Fees,  and  the  method  we 
use to calculate the Average Daily Balance on which the interest 
charge is assessed. If we change this Agreement, we will give 
you notice as required by applicable law. If applicable law does 
not  provide  you  with  a  right  to  reject  the  change  or  changes, 
such change in terms will become effective upon the later of 45 
days from the date of mailing or the date specified in the letter 
providing you with notice of the change in terms. If applicable 
law provides you the right to reject and you do not wish to accept 
the  change  or  changes,  you  may  reject  the  change  or  changes 
by notifying us of the rejection prior to the effective date of the 
change  or  changes  at  the  toll-free  telephone  number  provided 
in the notice. If you reject the change or changes, your ability  
to  use  the  Account  for  further  advances  will  be  terminated. 
The  following  do  not  constitute  a  change  of  the  terms  of  this 
Agreement: (a) an increase or decrease to the APR as a result 
of an increase or decrease to the Index Rate, and (ii) a change to the 
address or telephone numbers provided in sections 14 or 16.22.
Law  that  Applies.  This  Agreement,  your  Card,  your  Account 
and all Transactions hereunder are governed by New York and  
federal law. If any provision of this Agreement is held invalid,  
all valid provisions remain in effect.

23. WAIVER OF JURY TRIAL; LIMITATION OF DAMAGES. 
BY ACTIVATING OR USING YOUR CARD, YOU AGREE 
AND UNDERSTAND THAT YOU ARE GIVING UP THE 
RIGHT  TO  TRIAL  BY  JURY  AND  LIMITING  YOUR 
AVAILABLE DAMAGES TO THE EXTENT PERMITTED 
BY APPLICABLE  LAW.  To  the  fullest  extent  permitted  by 
law, you irrevocably and voluntarily waive any right to trial by 
jury  (which  we  also  waive)  in  any  action,  suit,  proceeding  or  
counterclaim of any kind arising out of or otherwise relating to 
this Agreement, any Transaction, your Account, your Card or any 
of our actions or in actions in respect of any of the foregoing. To 
the fullest extent permitted by law, you also waive any right you 
may have at any time to claim or recover in any litigation or other 
dispute  involving  us,  whether  the  underlying  claim  or  dispute 
sounds  in  contract,  tort  or  otherwise,  any  special,  exemplary,  
punitive or consequential damages or any damages other than, 
or in addition to, actual damages. You acknowledge that we are  
relying  upon  and  would  not  enter  into  this Agreement  on  the 
terms and conditions set forth herein but for your waivers and 
agreements under this section 23. This section 23 will survive: 
(i) termination or changes in this Agreement or the relationship 

between you and us concerning your Card or Account; (ii) the 
bankruptcy of any party; and (iii) any transfer, sale or assignment 
of your Card and Account, or any amounts you owe to us, to any 
other Person. 24.Forum. By activating or using your Card, you: 
(a) consent to the jurisdiction of any state or federal court located 
within  Harrison  County,  Missouri  (collectively,  the  “Chosen  
Forum”); (b) waive any objection to jurisdiction and venue of 
any action instituted against you as provided herein; (c) agree 
not to assert any defense based on lack of jurisdiction or venue; 
and (d) agree not to assert against us, or our agents or affiliates, 
if applicable, (except by way of a defense or counterclaim in a  
proceeding initiated by us) any claim or other assertion of liability 
relating  to  this  Agreement,  any  Transactions,  your  Account, 
your Card or any of our actions or in actions in respect of any of 
the foregoing in any jurisdiction other than the Chosen Forum.  
Nothing  in  this Agreement  shall  affect  our  right  to  bring  any  
action  or  proceeding 
this  Agreement,  any  
Transactions,  your Account  or  your  Card  against  you  or  your 
properties in courts of other jurisdictions. 

relating 

to 

25. Notices. Notices we give to you in writing shall be deemed to 
have  been  given  on  the  day  they  are  deposited  in  the  United 
States  mail,  properly  addressed,  with  postage  prepaid,  to  the  
address we have for you in our records. Notices that you send us 
must be in writing to the address in section 16 unless otherwise 
specified by us and will be effective when we actually receive 
them.

26. Updating and Disclosing Financial Information. You agree to  
update  the  information  contained  in  your  application  for  an  
Account  and  any  supplemental  financial  information  you  
provided by writing to us at the address set forth in section 16.  
You  agree  that  we  may,  from  time  to  time,  make  inquiries  
pertaining  to  your  credit  standing  and  financial  responsibility 
in  accordance  with  applicable  law.  You  also  authorize  us  to  
obtain  a  credit  report  on  you  at  any  time  in  the  future  in  
connection  with  our  review  of  your  Account.  We  may  report  
information  about  your  Account  to  credit  bureaus.  Late  
payments, missed payments, or other defaults on your Account 
may be reflected in your credit report.

27. State-Specific Disclosures.
  California  Residents:  You:  1)  may  after  credit  approval,  use 
the  credit  card  account  up  to  its  credit  limit;  2)  may  be  liable 
for  amounts  extended  under  the  plan  to  any  joint  application. 
As required by law, you are hereby notified that a negative credit  
report reflecting on your credit record may be submitted to a credit 
reporting  agency  if  you  fail  to  fulfill  the  terms  of  your  credit  
obligations.

  Ohio Residents: Ohio anti-discrimination laws require creditors 
to  make  credit  equally  available  to  all  creditworthy  customers 
and  that  credit  reporting  agencies  maintain  separate  credit  
histories  on  individuals  upon  request.  The  Ohio  Civil  Rights 
Commission administers these laws.

  New York and Vermont Residents: We may obtain at any time 
your credit reports for any legitimate purpose associated with the 
account or the application or request for an account, including 
but not limited to reviewing, modifying, renewing and collecting 
on your account. On your request you will be informed if such a  
report was ordered. If so, you will be given the name and address 
of  the  consumer  reporting  agency  furnishing  the  report.  New  
York  residents  may  contact  the  New  York  State  Banking  
Department  (1-800-518-8866)  for  a  comparative  list  of  credit 
card rates, fees, and grace periods.

  Married  Wisconsin Applicants:  No  provision  of  any  marital 
property agreement, unilateral statement, or court order applying 
to  martial  property  will  adversely  affect  a  creditor’s  interests 
unless prior to the time credit granted, the creditor is furnished 

 M-122844
with a copy of the agreement, statement or court order, or has  
actual knowledge of the provision. All obligations on this account 
will be incurred in the interest of your marriage or family. You 
understand that we may be required to give notice of this account 
to  your  spouse.  Married  Wisconsin  residents  must  furnish 
their name and social security number as well as the name 
and address of their spouse to the following address: 

Bethpage Federal Credit Union 
899 S Oyster Bay Road 
Bethpage, NY 11714 

28. Disclaimer of Liability. You may be offered certain benefits and 
services as a member of our MasterCard Consumer Card Program 
and  holder  of  a  Card.  We  reserve  the  right  to  adjust,  add  or  
delete benefits and services at any time. We offer the Card, the  
Account,and  related  services  and  benefits  in  our  interest  and  
disclaim any duty or responsibility other than as expressly set 
forth in this Agreement.29.Assignment. Cards and Convenience 
Checks issued under this Agreement are our property, and you 
must  surrender  them  to  us  upon  demand.  We  may  cancel  or  
repossess  Cards  and  Convenience  Checks,  and  revoke  your  
privilege to use them, at any time without prior notice. We have 
the  right  to  assign  and  transfer  your Account  and  any  of  our 
rights under this Agreement without your consent or notice to  
you.  The  Person  to  whom  the  Account  and  Agreement  is  
assigned shall be entitled to all of our rights under this Agreement. 
You cannot transfer or assign your Account or Card to anyone.
30. Captions for Reference Only. Captions are intended solely as 
aids to convenient reference, and no inference as to intent with 
respect to this Agreement may be drawn from them.

32. Credit  Card  Tips 

31.  Addendum or Disclosure. All addenda and disclosures given to 
you in connection with your Card and Account are incorporated 
by reference into this Agreement.
from 

the  Consumer  Finance 
Protection  Bureau.  To 
to 
consider  when  applying  for  or  using  a  credit  card,  visit 
the  website  of  the  Consumer  Finance  Protection  Bureau 
at http://www.consumerfinance.gov/learnmore.

learn  more  about 

factors 

33. Telephone Calls, Call Monitoring and Recording. When you  
give a telephone number directly to us or our agents, or place 
a  telephone  call  to  us  or  our  agents,  you  authorize  us  or  our 
agents to place calls to you at that number. You understand that a  
“telephone number” includes a cell phone number or VoIP and 
“calls” include both telephone calls and text messages to or from 
your  phone,  cell  phone  or  VoIP.  As  examples,  we  may  place 
calls to you about fraud alerts, deposit holds, and collection of  
amounts due to us on your account. When we or our agents make  
calls  to  you,  we  may  use  automatic  dialers  and  artificial,  text,  
or  prerecorded  messages. You  agree  to  notify  us  immediately 
of  any  change  in  your  telephone  number(s). You  authorize  us  
and  our  agents  to  monitor  and  record  telephone  conversations 
and other electronic communications you have with us and with 
our  agents  for  reasonable  business  purposes,  such  as  security 
and quality assurance. We may not remind you that we may be  
monitoring or recording a call at the beginning of the call unless 
required by law to do so. You consent and agree in advance to 
these terms and conditions. 

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. 
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: 

Bethpage Federal Credit Union 
P.O. Box 9214 
Old Bethpage, NY 11804 
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. You may call 
us,  but  if  you  do  we  are  not  required  to  investigate  any  potential 
errors and you may have to pay us the amount in question. 
What Will Happen After We Receive Your Letter 
When we receive your letter, we must do two things: 

1. Within 30 days of receiving your letter, we must tell you that 
we received your letter. We will also tell you if we have already 
corrected the error.

2. Within 90 days of receiving your letter, we must either correct 
the error or explain to you why we believe the bill is correct. 
While we investigate whether or not there has been an error: 

•  We cannot try to collect the amount in question, or report you 

as delinquent on that amount.

•  The charge in question may remain on your statement, and we 

may continue to charge you interest on that amount.

•  While you do not have to pay the amount in question,you are 

responsible for the remainder of your balance.

•  We can apply any unpaid amount against your credit limit. 
After we finish our investigation, one of two things will happen: 
•  If we made a mistake: You will not have to pay the amount in 
question or any interest or other fees related to that amount.
•  If  we  do  not  believe  there  was  a  mistake:  You  will  have  to 
pay  the  amount  in  question,  along  with  applicable  interest 
and  fees.  We  will  send  you  a  statement  of  the  amount  you 
owe and the date payment is due. We may then report you as 
delinquent if you do not pay the amount we think you owe.
If you receive our explanation but still believe your bill is wrong, 
you must write to us within 10 days telling us that you still refuse 
to pay. 
If  you  do  so,  we  cannot  report  you  as  delinquent  without  also  
reporting  that  you  are  questioning  your  bill. We  must  tell  you  the 
name  of  anyone  to  whom  we  reported  you  as  delinquent,  and  we 
must  let  those  organizations  know  when  the  matter  has  been  set-
tled  between  us.  If  we  do  not  follow  the  rules  above,  you  do  not 
have to pay the first $50.00 of the amount you 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. 

 M-122844

To use this right, all of the following must be true: 
1.   The  purchase  must  have  been  made  in  your  home  state  or  
within  100  miles  of  your  current  mailing  address,  and  the 
purchase  price  must  have  been  more  than  $50.00.  (Note: 
Neither of these are necessary if your purchase was based on 
an advertisement we mailed to you, or if we own the company 
that sold you the goods or services.)

2.   You must have used your credit card for the purchase. Purchases 
made with cash advances from an ATM or with a check that  
accesses your credit card account do not qualify.

3.   You  must  not  yet  have  fully  paid  for  the  purchase.  If  all  of  
the criteria above are met and you are still dissatisfied with the 
purchase, contact us in writing at: 

Bethpage Federal Credit Union  
P.O. Box 9214  
Old Bethpage, NY 11804 

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.

NOTICE: 
Federal  law  provides  important  protections  to  members  of 
the Armed Forces and their dependents relating to extension 
of  consumer  credit.  In  general,  the  cost  of  consumer  credit 
to a member of the Armed Forces and his or her dependent 
may not exceed an annual percentage rate of 36 percent. This 
rate must include, as applicable to the credit transaction or ac-
count: The costs associated with credit insurance premiums; 
fees for ancillary products sold in connection with the credit 
transaction;  any  application  fee  charged  (other  than  certain 
application fees for specific credit transactions or accounts); 
and any participation fee charged (other than certain partici-
pation fees for a credit card account). To receive this notice 
verbally or to receive a description of your payment obliga-
tions, please call 1-800-628-7070 during our normal business 
hours.
The following applies is at the time you open this Account you 
are a member of the military or a dependent (as those terms 
are defined in the Military Lending Act, 10 U.S.C. 987 and 
its implementing regulations): this Agreement will not be se-
cured by a consensual lien on shares or deposits in any of your 
accounts unless you specifically agree to establish an account 
in connection with this loan (“Secured Account”). Only funds 
deposited into the Secured Account after the loan is made will 
secure  this  loan.  Any  cross-collateralization  provision  con-
tained in your Agreement or membership documents will not 
apply to the Secured Account or your other share or depos-
it accounts for any Account subject to the Military Lending 
Act.  However,  with  regard  to  this Account,  we  still  reserve 
our statutory lien rights and any resulting rights to set-off or 
administrative freeze under federal or state law, which gives 
us the right to apply the sums in the Secured Account or any 
other account(s) you have with us to satisfy your obligations 
under this Agreement. Any contract terms in your Agreement 
or membership agreements that contradict the above with re-
gard to this Account are hereby deleted.

1. Use of Account.

(a) You will not be able to perform a Transaction until you activate 

 M-122844

your Card.

(b) You must sign your name on the signature panel on the back of 
your Card as soon as you receive it to protect you and us from 
claims of unauthorized use. You will be obligated to repay all 
Transactions  initiated  by  any  Person  who  uses  your  Card  or  
Account with your permission.

(c) You  may  make  Credit  Purchases  by  using  your  Card  or 
Account Number at merchants that accept MasterCard credit 
cards.

(d) You may obtain Cash Advances, in an amount not to exceed 
75.00% of the difference between your Credit Limit and your 
outstanding Balance, by using your Card or Account Number 
at MasterCard-affiliated financial institutions, automated teller 
machines (“ATM”), using Convenience Checks and by other 
means permitted by MasterCard from time to time. If you obtain 
a  Cash  Advance  from  an  ATM  not  owned  by  us,  the  ATM  
operator may also assess a fee.

(e) If MasterCard overdraft protection is available and you enter 
into  a  separate  MasterCard  overdraft  financing  agreement 
with us, you may use a Cash Advance to pay overdrafts on the 
deposit accounts identified in such agreement.

(f) We may, in our sole discretion, permit Balance Transfers from 
other credit card accounts to your Account. If the total amount 
of a Balance Transfer you request exceeds your Credit Limit, 
we may either send full or partial payment to your creditors 
in the order you provide them to us up to your Credit Limit 
or we may send you Convenience Checks for you to pay your 
creditors up to your Credit Limit. Allow at least two (2) weeks 
from  account  opening  for  processing.  Continue  paying  each 
creditor until the transfer appears as a credit with your creditor. 
Balance Transfers incur interest charges from the Transaction 
Date. If you have a dispute with a creditor and pay that balance 
by transferring it to your new account, you may lose certain 
dispute rights.

(g) You agree that you will not use your Card, Account Number, or 

Convenience Checks:
i)  if  we  or  you  have  suspended  or  cancelled  your  Card  or 

Account;

ii)  after you report them as lost or stolen;
iii) after you file a petition for bankruptcy;
iv) if you do not honestly expect to be able to pay your Balance 

(as defined in section 5(a)) in full; and

v)  for any illegal purpose, such as illegal gambling.

2.  Convenience  Checks.  We  may  make  Convenience  Checks  
available at our sole discretion. Convenience Checks may only 
be used by Persons whose names are pre-printed on them. Each 
Convenience Check must be completed and signed in the same  
way you complete a personal check. If you use a Convenience 
Check,  it  shall  be  deemed  to  be  an  authorization  for  a  Cash  
Advance.  Convenience  Checks  may  only  be  written  in  U.S.  
Dollars. A Convenience Check cannot be used to make a payment 
on your Account. We are not responsible if any Person or device 
refuses to accept a Convenience Check.
(a) We may refuse to pay a Convenience Check if:

i)  it is postdated;
ii)  the amount of the Convenience Check would, if paid, cause 
your New Balance (as defined in section 5) to exceed your 
Credit Limit or if your Account is in Default (as defined in 
section 20);

iii) is signed by a Person whose name is not pre-printed on its 

face;

iv) we  or  you  have  terminated  or  suspended  your  Card  or  

Account for any reason;

MasterCard® Consumer Credit Card Cardholder Agreement
This  is  the Agreement  between  Bethpage  Federal  Credit  Unions 
(“we”,  “our”,  or  “us”)  and  you  concerning  the  MasterCard  
Consumer  Credit  Card  Account  (“Account”)  and  the  individual  
MasterCard  cards  (“Card”)  we  have  issued  to  you  and  other  
individuals  at  your  request.  This  Agreement  also  governs  the 
issuance  and  use  of  Convenience  Checks,  Balance  Transfers 
and  the  use  of  your  Cardholder  Account  to  provide  over  draft 
protection,  if  applicable.  In  this  Agreement,  the  words  “you” 
and  “your”  mean  the  individual  who  applied  for  the  Account 
by  completing  an  Account  application,  and  all  individuals  to  
whom we issue Cards at your request, (collectively, the “Authorized 
Users”).  You  and  we  are  sometimes  collectively  called  the  
“Parties”  and  individually  a  “Party”.  In  addition,  the  following 
terms have these meanings in this Agreement:

•   “Account Number” means the 16-digit number on the face of 

your Card.

•   “Balance Transfer” shall mean a transfer of a credit balance 

from another credit card account to your Account.

•   “Cash Advance” shall mean a loan from us to you other than 
a Credit Purchase. The following transactions are considered 
Cash Advances: requesting cash in person at any bank; making 
a credit transaction at participating ATM network machines;  
making a credit transaction through on-line banking; funding 
a  wire  transfer;  purchasing  money  orders,  travelers  checks,  
lottery  tickets,  casino  or  gambling  chips;  or  using  a  
Convenience Check.

•   “Convenience Check” shall mean a convenience check that 

we may provide to you from time to time.

•   “Credit  Limit”  means  the  amount  of  credit  we  will  make  
available to you under this Agreement. We will inform you  
of your Credit Limit in a letter we will send to you if your 
application  is  approved  (the  “Approval  Letter”);  however 
we  may  reduce  your  credit  limit  at  any  time  in  accordance 
with applicable law.

•   “Credit  Purchase”  shall  mean  use  of  your  Card  or Account  

Number to purchase or lease goods and/or services.

•   “Person” means, as the context requires, a human being and/
or  any  firm,  corporation,  partnership  (including,  without 
limitation,  general  partnerships,  limited  partnerships,  and 
limited  liability  partnerships),  limited  liability  company, 
joint venture, business trust, association or other legal entity 
other than us.

•   “Transaction”  means  each  (a)  Credit  Purchase,  (b)  Cash  

Advance and (c) Balance Transfer.

•   “Transaction  Date”  means  the  date  you  (a)  obtain  a  Cash  
Advance, (b) use a Convenience Check or (c) make a Balance 
Transfer, as applicable.

You will have accepted this Agreement, including section 23 titled 
WAIVER  OF  JURY TRIAL;  LIMITATION  OF  DAMAGES,  
when  you  activate  any  Card  we  have  issued  you  by  calling  the  
activation  telephone  number  included  with  the  Card  or  by  using 
the Card.

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v)  it is written in a currency other than U.S. Dollars;
vi) if  payment  of  the  Convenience  Check  would  exceed 
any limit imposed by us for security reasons pursuant to  
section 3(b); or

vii)  you  have  reported  that  Convenience  Check  as  lost  or  

  stolen by following the instructions in section 2(d).
(b)  At our election, we may pay or return postdated Convenience 
Checks without in either case waiting until the date shown on 
the Convenience Check.

(c)  You  agree  that  we  need  not  return  cancelled  Convenience 
Checks  to  you  and  that  if  you  need  evidence  of  payment  
represented by a Convenience Check a photocopy or similar  
reproduction will be satisfactory for such purposes.

(d)  Subject to this section 2, you have the right to stop payment on 
any Convenience Check that has not been paid or certified by  
us.  Oral  stop  payment  orders  are  valid  for  fourteen  (14)  
calendar days, unless confirmed in writing within that period.  
A written stop payment order is valid for six (6) months unless 
you renew it in writing not less than two (2) weeks prior to  
the  end  of  that  period.  If  you  want  to  stop  payment  of  a  
Convenience  Check,  you  must  contact  us  at  the  telephone  
number or address listed in section 16. You must provide us  
with  the  check  number,  date  transacted,  dollar  amount, 
the  name  of  the  payee  and  your  full  Account  Number 
exactly  as  they  appear  on  the  Convenience  Check  on 
which  you  wish  to  stop  payment.  We  shall  not  be  liable 
under  any  circumstances  for  failure  to  effectuate  a  stop  
payment  order  if:  (a)  we  have  not  received  all  necessary  
information  within  a  sufficient  time  (at  least  twenty-four 
(24) hours) to afford us a reasonable opportunity to act on the  
order;  (b)  the  Convenience  Check  has  been  lost,  stolen  or  
destroyed  and  ninety  (90)  calendar  days  have  not  elapsed  
since its issuance date; or (c) the Convenience Check is post 
dated. We shall not be liable for paying a Convenience Check 
over  a  valid  and  timely  stop  payment  order  unless  you  are  
able to demonstrate that you would not have otherwise been  
obligated to pay the Convenience Check or did not otherwise  
suffer damages. In that regard, you acknowledge that a stop  
payment  order  does  not  impact  your  obligation  on  a  
Convenience  Check  that  has  been  negotiated  to  a  holder 
in  due  course.  If  we  recredit  your  Account  after  paying  a  
Convenience  Check  over  a  valid  and  timely  stop  payment  
order, amendment or cancellation, you agree to transfer to us  
all  of  your  rights  against  the  payee  or  other  holder  of  the  
Convenience Check and to assist us in any subsequent legal  
action  taken  by  us  against  that  Person.  If  payment  of  a  
Convenience Check has been approved, refused, or stopped, 
you  agree  to  hold  us  harmless  and  indemnify  us  for  any  
losses, expenses and costs, including attorneys’ fees, incurred 
by  you  or  us  for  allowing  or  preventing  payment  of  such  
Convenience Check.

3. Honoring of Card.

(a)  You agree that we are not responsible for, nor will we incur 

any liability to you if:
i)   any Person refuses to honor your Card, Account Number, 

or Convenience Check;

ii)  an  ATM  or  other  device  does  not  accept  your  Card  or  

Account Number; or

iii) we  are  unable  to  authorize  or  process  a  Transaction  on  
account of a Force Majeure Event. “Force Majeure Event” 
means  any  cause  beyond  our  absolute  control,  including 
without  limitation,  acts  of  God,  acts  of  war,  riot, 
earthquake,  fire,  explosion,  natural  disaster,  flooding,  
embargo,  sabotage,  and  any  government  law,  ordinance, 
rule, regulation, order or action.

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(b) We may limit the type, number or aggregate dollar amount of 
Transactions you are permitted to initiate in a day, week, or  
Billing  Cycle  (as  defined  in  section  5)  for  security  reasons.  
If we impose such limits, you agree that we will not be liable 
to you if we do not authorize or process Transactions in excess 
of those limits.

(c)  If  you  are  in  Default  (as  defined  in  section  20),  we  may 
decline to authorize Transactions until such Default is cured.

(d) You understand and agree that:

i) 

if  you  wish  to  authorize  a  merchant  to  initiate  recurring  
preauthorized  Transactions,  it  is  your  responsibility  to 
provide accurate information concerning your Account to 
the merchant;

ii)  if you wish to terminate a preauthorized Transaction, it is 
your responsibility to (A) contact the merchant, and (B) 
check your Periodic Statements (as defined in section 5) 
to  confirm  that  the  preauthorized  Transaction  was 
terminated;

iii) we  will  not  be  responsible  to  you  for  merchandise  or  
services you purchase with your Card, Account Number, 
or  a  Convenience  Check  unless  explicitly  required  by  
applicable law; and

iv)  any  refund,  adjustment  or  credit  allowed  by  a  merchant 
(a  “Refund”)  shall  not  be  by  cash  but  rather  by  a  credit  
advice to us which shall be shown as a credit on a Periodic 
Statement.

4.  Promise  to  Pay.  You  promise  to  pay  for  all  Transactions,  all 
Fees  (as  defined  in  section  11),  interest  charges  (calculated 
using  the  methods  described  in  section  7),  and  any  other 
amounts  that  you  are  required  to  pay  under  this Agreement  as 
and  when  they  are  due.  When  you  use  your  Card,  Account  
Number,  or  Convenience  Checks,  and  whenever  you  authorize 
any Person to use them for any purpose, you represent to us that 
you  have  the  intention  and  ability  to  pay  for  all  Transactions  
initiated by you or that Person.
5.  Periodic Billing Statements.

(a) Approximately  once  each  month  (“Billing  Cycle”),  we  will 
make available to you a statement (“Periodic Statement”) on 
the  last  day  of  each  Billing  Cycle  (“Closing  Date”)  during 
which: 
i)  you have an outstanding debit or credit Balance, 
ii)  you initiate debit or credit Transactions, 
iii) you  make  a  payment  that  brings  your  Balance  to  zero 

($0.00), or 

iv) we have imposed an interest charge.

“Balance”  means  your  New  Balance  (as  defined  in  section  5(b))  
together with all Fees and interest charges that accrue thereon until 
the date on which our records reflect that you owe no amounts to 
us  (no  debit  balance)  and  we  owe  no  amounts  to  you  (no  credit  
balance). 

(b) Each Periodic Statement will tell you, in addition to certain  
other  information,  (i)  the  Balance  of  your  Account  as  of 
the Closing Date of the prior Billing Cycle (your “Previous 
Balance”),  (ii)  the  amount  of  all  Cash Advances  (including  
Convenience  Checks),  Credit  Purchases,  Balance Transfers, 
Credit Refunds, Fees, payments, and interest charges posted 
to your Account during the current Billing Cycle, and (iii) the 
Balance of your Account as of the Closing Date of the current 
Billing Cycle (your “New Balance”). 

(c)  You promise to inform us promptly, in writing, if you change 
your address. If you do not promptly notify us of your address 
change, any notices and statements we send to your old address 
before we have had a reasonable time to process your address 
change notice will still be valid, even if you do not receive 
them. 

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(d) It is your responsibility to be sure that you have received a 
Periodic  Statement  each  month  (you  may  not  receive  a 
Periodic Statement if none of the circumstances described in 
section 5(a) occur). If you owe a debit Balance, you must pay 
your Minimum Payment even if you do not receive a Periodic 
Statement,  unless  we  are  prohibited  from  enforcing  this 
provision by applicable law.

(e)  We  may  provide  annual  statements  (for  review  purposes 
only,  not  a  Periodic  Statement)  to  you  which  will  identify  
Transactions  according  to  merchant  categories  to  help  you 
with tax preparation and year end accounting.

6.  Minimum  Payments.  You  must  pay  the  minimum  payment  
amount  specified  on  your  Periodic  Statement  (the  “Minimum  
Payment”) by the Due Date. Payments are applied in the manner 
stated in section 14. You must pay the Minimum Payment by the  
Due  Date  to  avoid  being  in  Default.  Each  Periodic  Statement 
will indicate the Minimum Payment and Due Date based on the 
following:
(a)  The  initial  Minimum  Payment  is  due  25  days  after  the  first 
Closing Date following the activation of the Card (“Initial Due 
Date”). Following the Initial Due Date, the Minimum Payment 
is  due  each  month  on  the  same  day  of  the  month  as  the 
Initial Due Date even if the Due Date falls on a weekend or a 
holiday (together with the Initial Due Date, the “Due Date”).
(b) The  Minimum  Payment  required  is  the  New  Balance  if  the 

New Balance is equal to or less than $15.00.

(c)  If the New Balance exceeds $15.00, the Minimum Payment 
is 1.00% of that portion of the New Balance which does not 
exceed your Credit Limit (rounded up to the nearest dollar), 
plus  unpaid  interest  charges,  plus,  the  entire  portion  of  any 
Over-the-Credit  Limit  Amount,  plus  any  amount  past 
due.“Over-the-Credit  Limit Amount”  means  the  amount  by 
which  your  New  Balance  exceeds  your  Credit  Limit  at  any 
time.“Over-the-Credit Limit Transactions” are any Transaction 
that would cause you to exceed your Credit Limit at anytime. 
You  may  “opt  in”  to  Over-the-Credit  Limit  Transactions  in  
writing  by  executing  and  delivering  to  us  at  the  address  in  
section  16,  the  Consent  Form  for  Over-the-Credit  Limit  
Transactions  provided  to  you  with  your  application,  or  by 
contacting us at the address or phone number in section 16 to 
receive further instructions as to how you may “opt in.”

(d) If  the  amount  you  pay  is  less  than  the  amount  necessary  to 
pay  the  full  Balance  but  more  than  the  Minimum  Payment 
(an “Excess Payment”), the Excess Payment will be applied to 
your Balance in the manner set forth in section 14(c). Making  
an Excess Payment will not result in a waiver of a Minimum  
Payment for any subsequent Billing Cycle.

(e) You may at any time pay all or any part of your Balance without 

penalty.

7.   Interest  Charges.  We  will  impose  interest  charges  on  your 
Account by applying the Periodic Rate (as defined in section 8) 
to 115122 your Average Daily Balance (as defined in this section  
under (a) for Cash Advances and Balance Transfers and under 
(b)  for  Credit  Purchases).  For  each  Billing  Cycle  that  your  
Account is subject to an interest charge, a minimum total interest 
charge of $2.00 will be imposed. 
(a)  Interest Charge Calculation Method for Cash Advances and 
Balance Transfers (average daily balance including current 
Transactions). Interest charges on Cash Advances (including 
Convenience  Checks)  and  Balance  Transfers  begin  to  
accrue on the Transaction Date, or the first day of the next  
Billing  Cycle  in  which  the  Cash  Advance  or  Balance  
Transfer is posted to your Account, whichever date is later. 
The  Cash  Advance  and  Balance  Transfer  interest  charges 
for a Billing Cycle are computed by applying the Periodic 

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Rate  to  the  “Cash  Advance  and  Balance  Transfers 
Average  Daily  Balance”  of  your  Account.  To  calculate 
your  Cash  Advance  and  Balance  Transfers  Average 
Daily  Balance,  we  (i) 
the  beginning  Balance 
take 
of  your  Cash  Advances  and  Balance  Transfers  on  
each  day  in  the  Billing  Cycle  (including  the  Closing 
Date),  add  new  Cash  Advances  and  Balance  Transfers, 
and subtract payments (which shall not include any related 
Fees or unpaid interest charges), received during the billing 
cycle  (the  “Cash  Advance  and  Balance  Transfers  Daily  
Balance”),  and  (ii)  divide  the  total  of  the  Cash Advance  
and Balance Transfers Daily Balances in the Billing Cycle 
by the number of days in the Billing Cycle.

(b) Interest  Charge  Calculation  Method  for  Credit  Purchases 
(average  daily  balance  including  current Transactions).  If 
you pay the New Balance shown on a Periodic Statement 
in full by the Due Date, you will avoid incurring interest 
charges on the Credit Purchases reflected on your Periodic 
Statement,  and  on  any  new  Credit  Purchases  that  appear 
on  your  next  Periodic  Statement.  Your  Due  Date  is  at 
least  25  days  after  the  close  of  each  Billing  Cycle.  We 
will  not  charge  you  any  interest  on  Credit  Purchases 
if  you  pay  your  entire  balance  by  the  Due  Date  each 
month.  The  interest  charges  for  Credit  Purchases  in  a 
Billing  Cycle  are  computed  by  applying  the  monthly 
Periodic Rate to your “Purchases Average Daily Balance.” 
To  calculate  your  Purchases  Average  Daily  Balance,  we 
(i)  take  the  beginning  Balance  of  your  Credit  Purchases 
on  each  day  in  the  Billing  Cycle  (including  the  Closing 
Date) (which shall not include any related Fees or unpaid 
interest  charges),  add  new  Credit  Purchases,  and  subtract 
payments received during the billing cycle that exceed the 
total  payments  that  will  be  applied,  pursuant  to  section 
14(c), to Cash Advances and Balance Transfers during the 
billing cycle plus new Cash Advances, Balance Transfers, 
and Credit Refunds (the “Purchases Daily Balance”), and 
(ii) divide the total of the Purchases Daily Balances in the 
Billing Cycle by the number of days in the Billing Cycle. 
(c)  Accrual of Interest Charges. If (i) you obtain a Cash Advance 
or make a Balance Transfer, or (ii) the payments and Credit 
Refunds posted to your Account during the 25 day period 
after  the  Closing  Date  of  your  prior  Periodic  Statement 
are  less  than  the  New  Balance,  then  the  next  Periodic 
Statement  will  include  interest  charges.  Interest  charges, 
at  the  annual  percentage  rate  (“APR”)  calculated  in  the 
manner set forth in sections 8 through 10, begin to accrue 
on  the  date  specified  in  section  7(a)  for  Cash  Advances 
and Balance Transfers, and on the posting date for Credit 
Purchases.  Interest  charges  will  continue 
to  accrue 
on  the  amount  of  your  Payment  until  the  date  we  post 
a  payment  to  your  Account  (subject  to  your  ability 
to avoid certain interest charges by paying the New Balance 
in full as described in section 7(b)).

8.   Periodic Rate. The “Periodic Rate” is the APR divided by 12. 
Subject to Section 20(b). Your APR will be the Index Rate (as 
defined in section 9) plus a Margin (as defined in section 10) and 
your periodic rate will be such APR divided by 12. The APR  
may change (increase or decrease on the first day of your Billing  
Cycle that follows each Index Rate Adjustment (as defined in  
section 9) based on movements in the Index Rate. An increase 
in  the APR  means  that  you  will  be  required  to  pay  a  higher  
percentage  interest  rate  on  your  Average  Daily  Balance.  In  
addition, an increase in the APR may increase your Minimum 
Payment. 

9.   Index Rate. The “Index Rate” is the highest Prime Rate pub-
lished in the “Money Rates” column of The Wall Street Journal 

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(“WSJ”)(the “Prime Rate”) in the month preceding the billing cy-
cle. (such date is an “Index Rate Adjustment Date”). The new Index 
Rate will take effect on the first day of your next Billing Cycle that 
follows an Index Rate Adjustment Date. If the APR increases, 
your Minimum Payment amount may increase and if you only 
pay the Minimum Payment, it will take you longer to pay what 
you  owe  in  full.  We  use  the  Prime  Rate  solely  as  a  pricing 
index and do not represent it to be the lowest or best interest rate 
available  to  any  of  our  borrowers  at  any  given  time.  If  WSJ  
ceases to publish a Prime Rate, we may substitute another rate 
published in another publication or another index which we do 
not control as the Index Rate.

10. Margin. We will add a “Margin” to the Index Rate to calculate 
the APR. The Margin for each Transaction type is shown on the  
Consumer MasterCard Credit Card Disclosure attached to this 
Agreement and incorporated by reference (the “Disclosure”).
11. Fees. We may assess the following fees in connection with your 
Account, in the amounts set forth on the Disclosure (collectively, 
“Fees”):
(a)  Annual  Fee:  An  Annual  Fee  for  accessing  your  Account 
maybe  imposed  if  an  Annual  Fee  is  included  on  the 
Disclosure. If so, it will be imposed no more often than one 
time each calendar year.

(b)  Balance Transfer Fee: A Balance Transfer may be imposed 
if a Balance Transfer Fee is included on the Disclosure. A  
Balance  Transfer  Fee  will  be  imposed  at  the  time  of  each  
Balance Transfer.

(c)  Cash Advance Fee: A Cash Advance Fee will be charged at 

the time you obtain a Cash Advance.

(d)  Foreign  Transaction  Fee:  A  Foreign  Transaction  Fee  will 
be imposed if a Foreign Transaction Fee is included on the  
Disclosure for each Transaction made in a foreign currency 
and  any  transaction  made  in  U.S.  dollars  that  is  processed  
outside of the United States is calculated in U.S. dollars.
(e)  Late  Payment  Fee:  The  Late  Payment  Fee  based  on  your  
balance as of the day the Late Payment Fee is assessed will 
be imposed if you do not make a payment before the 10th 
day after your Due Date.

(f)  Over-the-Credit  Limit  Fee:  If  any  Transaction  on  your  
Account  exceeds  your  Credit  Limit  and  you  have  “opted 
in”  to  Over-the-Credit  Limit  Transactions  by  the  method 
set forth in section 6(c), we may charge an Over-the-Credit  
Limit Fee if the fee is included on the Disclosure.

(g)  Returned Payment Fee: If any payment you send us on your 
account is returned unpaid, for any reason, we may charge a 
Return Payment Fee.

(h)  Copying  Charges:  If  you  request  a  copy  of  a  Transaction  
receipt, Convenience Check or Periodic Statement, unless it 
is in connection with a billing error resolution process, we 
may impose a fee for each copy.

12. Currency  Conversion  and  International  Transactions.  
Purchases  and  Cash  Advances  made  in  a  foreign  currency 
or  made  outside  the  United  States  will  be  debited  from  your 
account  in  U.S.  dollars.  The  exchange  rate  between  the 
transaction currency and the billing currency used for processing 
international  transactions  is  a  rate  selected  by  MasterCard 
from a range of rates available in wholesale currency markets 
for  the  applicable  central  processing  date,  which  rate  may  
vary  from 
the  
government-mandated  rate  in  effect  for  the  applicable  central  
processing  date.  The  exchange  rate  used  on  the  processing 
date may differ from the rate that would have been used on the  
purchase  date  or  cardholder  statement  posting  date.  A  fee  of  
3.00%  of  the  amount  of  the  transaction,  calculated  in  U.S. 
dollars, will be imposed on any and all Transactions, including  

the  rate  MasterCard 

itself  receives  or 

 M-122844
Credit  Purchases,  Cash Advances  and  credits  to  your  account,  
that  are  made  in  a  foreign  currency  or  that  you  complete  or  a  
merchant completes on your card outside of the United States, 
with  the  exception  of  U.S.  military  bases,  U.S.  territories,  
U.S. embassies, or U.S. consulates. 

13. Credit Limit. You agree not to use your Card, Account Number, 
or Convenience Checks to attempt to obtain credit in excess of 
your Credit Limit. If we change your Credit Limit, we will notify 
you in accordance with applicable law and, if permitted to do 
so,we may notify you of Credit Limit changes on your Periodic 
Statement. Unless you have “opted in” to Over-the-Credit Limit 
Transactions by the method set forth in section 6(c), we will not 
authorize Transactions that will create an Over-the-Credit Limit 
Amount, except in our sole discretion. If you do engage in an 
Over-the-Credit  Limit  Transaction,  you  agree  to  pay  us  the  
Over-the-Credit Limit Amount, plus applicable interest charges 
immediately  upon  receipt  of  notice  from  us,  and  if  you  have  
“opted in” to Over-the-Credit Limit Transactions, you also agree 
to  pay  the  Over-the-Credit  Limit  Fee.  You  will  only  pay  one  
Over-the-Credit Limit Fee per Billing Cycle, even if you go over 
your Credit Limit multiple times in the same Billing Cycle. Even 
if you have“opted in” to Over-the-Credit Limit Transactions, we 
are  not  required  to  authorize  Transactions  that  will  create  an  
Over-the-Credit Limit Amount. If we do extend credit in excess 
of your Credit Limit, we are not obligated to do so in the future. 
We can increase or decrease your Credit Limit at any time.

14. Payments.

(a)  Payment Obligations. All payments made on your Account 
must be made in U.S. Dollars and according to one of the  
methods set forth in this section 14(a)(i)-(iv). Any check or 
money order used to make a payment on your Account must 
be  drawn  on  a  financial  institution  located  in  the  United 
States or its territories. You may not use proceeds of other 
loans  with  us  or  Cash  Advances  (including  Convenience 
Checks) to make payments to your Account. You may make 
payments to your Account by any of the following methods:
i)  You  may  automatically  make  recurring  payments  via 
Automated  Clearing  House  (“ACH”)  direct  debit  
transactions by authorizing us to automatically debit your 
deposit  account  by  executing  and  delivering  to  us  the  
written  Direct  Debit  Authorization  included  with  your 
Account application or which you may obtain from us by 
contacting us at the number in section 16.

ii) Payments may be made by delivering your payments to 
our  office  location(s)  during  regular  business  hours  if  
accompanied by your Account Number or payment stub.
iii) Payments  may  be  made  by  telephone  if  accompanied 
by  your  Account  Number  and  you  call  the  following 
number: 
(866)820-3847 

iv) Payments may be made by mail if all of the following  

requirements are met:
(1) Accompanied by your Account Number or payment 

stub;

(2) Paid by check or money order (do not send cash by 

mail); and

(3)  Sent  to  the  following  address:  Bethpage  Federal 
Credit  Union  P.O.  Box  660881  Dallas,  TX 
75266-0881

v) Payments  may  be  made  electronically  via  ACH  or  
  another  payment  method  if  accompanied  by  your  
  Account Number, your name and the payment amount.

We  may  accept  payments  that  are  late,  are  partial  payments,  are 
made  with  other  negotiable  instruments,  or  are  marked  with  
restrictive  endorsements  such  as  “payment  in  full”  without  losing  

Page | 4

any of our rights under this Agreement. If we accept a payment that  
does not conform to the requirements set forth in this section 14(a),  
interest  charges  may  accrue  for  the  period  between  the  day  we  
receive  your  payment  and  the  day  we  credit  the  payment  to  your  
Account. If we accept a payment for an amount in excess of your  
New  Balance,  your  Credit  Limit  will  not  be  increased  by  the 
amount of such overpayment, nor shall we be required to authorize 
Transactions for an amount in excess of your Credit Limit. 

(b)  Crediting  of  Payments.  Unless  otherwise  specified  in  this 
section  14(b)  and  except  as  limited  by  applicable  law, 
payments  that  conform  to  the  requirements  set  forth  in  
section 14(a)(i)-(v) above will be credited to your Account  
as of the date we receive them if we receive them by 5:00 
p.m. eastern time and, if the payment is received by us after  
5:00  p.m.  eastern  time,  on  the  next  business  day,  except  
when  a  delay  in  crediting  your  Account  does  not  result 
in  an  interest  or  other  charge.  If  the  Due  Date  falls 
on  a  weekend  or  holiday,  we  will  treat  any  payment 
received  by  us  at  the  post  office  box  address  shown 
on  your  Periodic  Statement  by  5:00  p.m.  eastern  time  on 
the next business day as being received by us on the Due 
Date.  Payments  mailed  in  accordance  with  the  billing 
instructions  included  on  your  Periodic  Statement  will 
be  credited  as  set  forth  in  this  section  14(b),  but  may  not 
be  posted  to  your  Account  for  up  to  five  (5)  days  after 
we  receive  them.  Any  interest  or  other  charges  imposed 
because  of  the  delay  between  the  date  we  receive  your 
payment  and  the  date  your  payment  is  posted  will  be 
credited  to  you  on  the  next  Billing  Cycle.  If  we  accept  a 
payment  that  does  not  conform  to  the  requirements  set 
forth  in  section  14(a)(i)-(iv)  above,  such  nonconforming 
payment  shall  be  credited  to  your  Account  within  five 
(5)  days  of  the  date  we  receive  it.  If  we  do  not  receive 
or accept payments on the Due Date (because, for example, 
the  U.S.  postal  service  does  not  deliver  mail  on  that  date 
and  you  are  making  a  payment  by  mail),  then  we  will 
deem payments that we receive on the next business day as 
timely. We will not impose a separate fee for you to make 
payments  unless  the  applicable  payment  method  involves 
an  expedited  (i.e.  same  day  or  next  day)  service  by  our  
representative.

(c)  Payment  Application.  We  will  apply  Minimum  Payments 
in the following order: interest charges on Cash Advances,  
interest  charges  on  Balance  Transfers,  interest  charges  on 
Credit  Purchases,  Fees,  previous  cycle  Cash  Advances,  
previous  cycle  Balance  Transfers,  previous  cycle  Credit  
Purchases,  current  cycle  Cash  Advances,  current  cycle  
Balance Transfers, and current cycle Credit Purchases. To the 
extent required by applicable law, each time you make an 
Excess  Payment,  we  will  apply  the  Excess  Payment  
amount  to  that  component  of  your  Balance  on  which  the  
highest APR is assessed until it is paid in full. Thereafter,  
we  will  apply  Excess  Payments  to  the  remainder  of  your  
Balance in successive order of declining interest rate until 
it is paid in full. Return credits are applied first to previous,  
then to current, cycle Credit Purchases with any remainder  
applied as a payment. We may accept payments that do not  
conform  to  the  requirements  as  set  out  in  your  Periodic  
Statement, and shall post such payments within five (5) days  
after we receive them. Payments and return credits posted 
after the Due Date, or that total less than the New Balance, 
will reduce the Balance (and the Average Daily Balance) as 
of the date posted, but will not avoid an interest charge. 
d)  We may accept and process payments without losing any of 
our rights. We may delay the availability of credit until we 
confirm  that  your  payment  has  cleared.  This  may  happen 

 M-122844
even if we credit your payment to your Account. We may 
resubmit  and  collect  returned  payments  electronically.  If 
necessary,  we  may  adjust  your Account  to  correct  errors, 
process returned and reversed payments, and handle similar 
issues.

15. Others Using Your Account. If you allow a Person (including 
but not limited to an Authorized User) to use your Card, Account 
Number, or Convenience Checks, you understand and agree that 
you  are  obligated  to  pay  for  all Transactions  initiated  by  such  
Person  as  well  as  all  Fees  associated  with  those Transactions, 
whether or not you notify us that they are authorized to use your  
Card,  Account  Number,  or  Convenience  Checks.  You  may  
terminate a Person’s right to use your Card, Account Number, 
or Convenience Checks by taking the following actions:
(a)  Recover  possession  of  the  Card  and  any  Convenience 

Checks in such Person’s possession; and

(b)  Notify  us  in  writing  that  such  Person’s  authority  to  use 
the  Card,  Account  Number,  and  Convenience  Checks  is  
terminated, at which time such Person will be a “Terminated 
User”.
16. Unauthorized Use.

(a)  If your Card is lost or stolen, or if you think that someone is 
using your Card, Account Number, or Convenience Checks 
without your permission, notify us immediately, orally or in 
writing  at:  Bethpage  Federal  Credit  Union  P.O.  Box  9214 
Old Bethpage, NY 11804 (866)820-3847

(b)  You  may  be  liable  for  the  unauthorized  use  of  your  Card,  
Account Number, or Convenience Checks that occurs prior 
to you notifying us of such use. Your liability shall not exceed 
$50.00 or the amount of money, property, labor or services 
obtained  by  the  unauthorized  use  before  you  notify  us, 
whichever  is  less. You  will  not  be  liable  for  unauthorized 
use that occurs after you notify us, either by telephone or in  
writing,  of  the  loss,  theft,  or  possible  unauthorized  use  of 
your  Card, Account  Number,  or  Convenience  Checks  and 
we have had a reasonable opportunity to act on such notice. 
In no event shall we be obligated to reissue a lost or stolen 
Card.

(c) You agree that we and our agents or service providers may  
telephone  communications  

monitor  and/or  record  all 
between you and us.

17. MasterCard Zero Liability. Subject to certain limitations set  
forth  in  this  section,  MasterCard  offers  you  protection  for  
initiated  on  your  Account  (the  
Fraudulent  Transactions 
“MasterCard  Zero  Liability  Policy”).  Your  rights  under  the  
MasterCard Zero Liability Policy are in addition to any rights 
you  have  under  applicable  law,  as  stated  in  the  billing  rights 
statement set forth at the end of this Agreement.
(a)  Limitations  of  MasterCard  Zero  Liability  Policy.  The  
MasterCard  Zero  Liability  Policy  offers  protection  for  
Fraudulent  Transactions,  but  does  not  offer  protection 
for  Unprotected  Transactions.  “Fraudulent  Transactions” 
means  Transactions  initiated  by  a  Person  who  obtains 
your  Account  Number  or  Card  without  your  knowledge 
or consent. “Unprotected Transactions” means Transactions 
(i)  initiated  at  ATMs,  (ii)  PIN  Transactions  not  processed 
by MasterCard, and (iii) Transactions by Authorized Users 
that exceed the authority you give them.

(b)  Notification.  You  must  give  us  notice  (a  “Zero  Liability  
Notice”)  if  Fraudulent  Transactions  appear  on  a  Periodic  
Statement (a “Fraudulent Activity Statement”) promptly after 
the Fraudulent Activity Statement is first made available to 
you. A Zero Liability Notice is promptly given if you provide  
it  within  a  reasonable  time  after  a  Fraudulent  Activity  
Statement is made available to you. You and we agree that 

Page | 5

 
 
Consumer Mastercard® Credit Card Disclosure – Pricing Information 
Interest Rates and Interest Charges 

Annual Percentage 
Rate (APR) for 
Purchases, Balance 
Transfers, and 
Convenience Checks 

APR for Cash 
Advances 

Penalty APR 
and When It Applies 

Paying Interest 

Minimum Interest 
Charge 
For Credit Card tips 
from the Consumer 
Financial Protection 
Bureau 

Low Rate 

Cash Back 

Rewards Points 

Be You Rewards 

Secured 

8.15% to 
18.00% 

11.15% to 
18.00%  

11.15% to 
18.00%  

11.15% to 
18.00%  

This APR will vary 
with the market 
based on the 
Prime Rate.1 
8.15% to 18.00% 
when you open 
your account, 
based on your 
credit worthiness. 

This APR will vary 
with the market 
based on the 
Prime Rate.2 
11.15% to 18.00% 
when you open 
your account, 
based on your 
credit worthiness. 

This APR will vary 
with the market 
based on the 
Prime Rate.2 
11.15% to 18.00% 
when you open 
your account, 
based on your 
credit worthiness. 

This APR will vary 
with the market 
based on the 
Prime Rate. 2 
11.15% to 18.00% 
when you open 
your account, 
based on your 
credit worthiness. 

13.15% 

This APR will vary 
with the market 
based on the 
Prime Rate. 3 

13.15%  

This APR will vary 
with the market 
based on the 
Prime Rate. 3 

This APR will vary 
with the market 
based on the 
Prime Rate. 1 
18.00%.  

This APR will vary 
with the market 
based on the 
Prime Rate. 2 

This APR will vary 
with the market 
based on the 
Prime Rate. 2 

This APR will vary 
with the market 
based on the 
Prime Rate. 2 

This APR may be applied to your Account if you: 

1.  Do not pay at least the Minimum Payment within 60 days after the Due Date. 

How Long Will the Penalty APR Apply: If your APRs are increased for this reason, the Penalty APR will 
apply until you make six consecutive minimum payments when due. 
Your due date is at least 25 days after the close of each Billing Cycle. We will not charge you any 
interest on purchases if you pay your entire New Balance by the Due Date each month.  We will begin 
charging interest on Cash Advances, Convenience Checks, and Balance Transfers on the Transaction 
Date. 
If you are charged interest, the charge will be no less than $1.00. 

To learn more about factors to consider when applying for or 
using a credit card, visit the website of the Consumer Finance Protection Bureau at 
http://www.consumerfinance.gov/learnmore. 

See Page 2 for more important information 

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Fees 

Annual Fee 
Transaction Fees: 
▪ Cash Advance 

Low Rate 

Cash Back 

Rewards Points 

Be You Rewards 

Secured 

None 

None 

None 

$95 

None 

Either $5 or 3% of the amount of each transaction, whichever is greater.  

▪ Balance Transfer           
    and Convenience    
    Checks 

None 

▪ Foreign Transaction 
Penalty Fees: 
▪ Over-the-Credit-Limit 

None 

None 

▪ Late Payment 

Either $25 or the Minimum Payment due, whichever is less. 

▪ Return Payment 

Either $25 or the Minimum Payment due, whichever is less. 

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” See your 
Cardholder Agreement for more details.   

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardholder 
Agreement.  

Variable Rate Information: Variable APRs above are based on the Prime Rate of 3.25% as of December 21, 2021.  Your APRs 
may increase or decrease if the Prime Rate increases or decrease. An increase or decrease in your APRs will affect the total 
amount of interest you pay and will result in a higher or lower monthly payment.  When Prime Rate changes, the resulting 
changes to your variable APRs will be effective on the first day of your Billing Cycle.  Your APRs are calculated by adding a 
Margin to the Index Rate. The Index Rate is the highest Prime Rate published in the Wall Street Journal in the month preceding 
the Billing Cycle.   
1We add a Margin of 4.90% to 17.90%, based on creditworthiness, to the Prime Rate to determine the Purchase/Balance 
Transfer/Convenience Checks/Cash Advance APR (daily periodic rate currently 0.022328% to 0.049315%).  
2We add a Margin of 7.90% to 15.90%, based on creditworthiness, to the Prime Rate to determine the Purchase/Balance 
Transfer/Convenience Checks/Cash Advance APR (daily periodic rate currently 0.030547% to 0.049315%).  
3We add a Margin of 9.90% to the Prime Rate to determine the Purchase/Balance Transfer/Convenience Checks/Cash Advance 
APR (daily periodic rate currently 0.036027%).   
The maximum Variable APR will not exceed 18% (daily periodic rate 0.049315%), or the rate permissible under the Federal 
Credit Union Act, whichever is less.   

Other Fees:  
Copying Charges - $5 max/item 
Lost Card Reissue - $10 

Defined Terms: Capitalized terms used in this Disclosure but not defined herein have the meanings given to such terms in your 
Cardholder Agreement. 

Effective Date: This Disclosure is effective as of December 21, 2021. 

Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. 

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