Visa Platinum Low-Rate 
Credit Card Disclosures 
Effective June 3, 2022 

Interest Rates and Interest Charges 

Annual Percentage 
Rate (APR) for 
Purchases 

0.00% introductory rate for the first 12 billing cycles after a new account is opened. 
On the first day after 12 billing cycles from account opening, your APR will revert to your 
approved rate, which will vary with the market based on the Wall Street Journal prime rate. 
Rates range from 8.74%-18.00%* based on credit worthiness and prime rate. 

APR for Balance 
Transfers 

1.99% introductory rate on balance transfers for the first 12 billing cycles after a new 
account is opened. 

On the first day after 12 billing cycles from account opening, your APR will revert to your 
approved rate, which will vary with the market based on the Wall Street Journal prime rate. 
Rates range from 8.74%-18.00%* based on credit worthiness and prime rate. 

APR for Cash Advances  The APR for cash advances is 8.74%-18.00%* 

This APR will vary with the market based on the Wall Street Journal prime rate and is 
based on credit worthiness at the time of account opening. 

The penalty APR is 18.00%. This APR may be applied to your account if you: 
(1) Make a Late Payment 
(2) Go Over Your Credit Limit 
(3) Make a Payment that is Returned; or 
(4) Do any of the above on Another Account You have with Us. 

How Long will the Penalty APR Apply? If your APRs are increased for any of these 
reasons, the Penalty APR will apply until you make 6 consecutive minimum payments 
when due; and you do not again default on these conditions during this time. 

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 balance by the due date each month. 
We will begin charging interest on cash advances and balance transfers on the transaction 
date. 

If you are charged interest, the charge will be no less than $0.01. 

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://consumerfinance.gov/learnmore. 

Penalty APR and When 
It Applies 

Paying Interest 

Minimum Interest 
Payment 

For Credit Card Tips 
from the Consumer 
Financial Protection 
Bureau 

SEE PAGE TWO FOR MORE IMPORTANT INFORMATION ABOUT YOUR ACCOUNT 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

00029 
Rev. 06.03.2022 
Page 1 of 12 

 
 
 
 
 
 
 
Fees 

Annual Fee 

None 

Transaction Fees 

Balance Transfer Fee: 2% of each advance with $10.00 minimum 

Express Card Fee: $25.00 

Receipt Copy: $2.00 per receipt 

Lost or Stolen Card Replacement: $15.00 

Statements: $2.00 per statement 

Cash Advance Fee: 2% of each advance with $10.00 minimum 

Foreign Transaction Fee: 1% of each international transaction in US Dollars 

Research Fee: $10.00 per hour (2-hour minimum) 

Pay by Phone: $5.00 

Penalty Fees 

Late Payment Fee: up to $38.00 applied on any portion past due 3 days after due date 

Over-the-Credit Limit Fee: $0.00 

Returned Payment Fee: $25.00 

*APR applicable to your account is determined by your credit worthiness based on your Equifax Beacon Score at the time 
of  application.  Variable  Rate  Feature:  The  Visa  credit  cards  have  a  variable  rate  feature,  meaning  that  the  APR 
(corresponding to the periodic rate) and the term of your Visa loan may change due to interest rate fluctuations. The APR 
includes only interest and no other costs. Changes in prime rate will cause changes in the APR as of the first day of your 
account's billing cycle following an  index change. In  no case shall any APR be less than  7.99% or higher than  18.00% 
regardless of the applicable index and margin, unless specifically applicable laws and/or regulations require we use a lower 
APR. 

Monthly 
Periodic 
Rate 
0..7283% 
1.50%* 
0.00% 

Annual 
Percentage   
Rate* 
-  8.74% 

18.00%*   
0.00%1 

Minimum Payment 

  Monthly 

Tier 

Periodic Rate 

Annual 
Percentage 
Rate* 

Minimum 
Payment 

-  2.0% of balance or 
$25 minimum 
2.0% of balance or 
$25 minimum 

Shaded boxes represent promotional rates for the first 12 
months of newly opened accounts 
0.005452% 

1.99%2 

2.0% of balance 
or $25 minimum 

1 Introductory rate offered on purchases for the first 12 billing cycles a new account is open. 
2 Introductory rate offered on balance transfers for the first 12 billing cycles a new account is open. 
1 & 2 Beginning on the first day of the 12 billing cycles after the account has been open, purchases and cash advances will 
be subject to the approved interest rate and any changes based on Wall Street Journal prime disclosed at account opening. 

How we will calculate Your Balance: We will use a method called <average daily balance (including new purchases=). 
See your account agreement for more details. 

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your 
account agreement. 

Security Interest: The credit union will acquire a security interest in the property purchased with your credit card; 
and collateral securing other loans with us may also secure this account. Also, you are giving us a security interest 
in all individual and joint share and/or deposits accounts you have with us now or in the future. 

The  information  about  the  costs  of  the  card  described  in  this  application  is  accurate  as  of  June  3,  2022.  This 
information may have changed after that date. To find out what may have changed, call 800-763-8600 or 803-469- 
8600, visit SAFEFED.ORG, or write SAFE Federal Credit Union, P. O. Box 2008, Sumter, SC 29151-2008. 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

00029 
Rev. 06.03.2022 
Page 2 of 12 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Please keep this Addendum as it is incorporated into and becomes a part of your LOANLINER® Open-End Plan. 

CREDIT CARD AGREEMENT AND DISCLOSURES 
Visa® Platinum Low-Rate 

THIS  IS  YOUR  AGREEMENT  AND  DISCLOSURE 
STATEMENT  WITH  SAFE  FEDERAL  CREDIT  UNION. 
PLEASE  READ  IT  CAREFULLY  AND  KEEP  IT  FOR 
YOUR  RECORDS. 
IT  SUPERSEDES  ALL  PRIOR 
AGREEMENTS  AND  DISCLOSURE  STATEMENTS 
RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE 
TO SIGN THIS AGREEMENT. YOUR AGREEMENT TO 
ALL  OF  THESE  PROVISIONS,  AS  AMENDED  FROM 
TIME TO TIME INCLUDING THE CARD ISSUED BY US, 
WILL BE SHOWN BY YOUR APPLICATION FOR THE 
CARD,  YOUR  ACCEPTANCE  OF  THE  CARD,  OR 
YOUR  USE  OF  THE  CARD,  WHICHEVER  OCCURS 
FIRST. 

THIS  AGREEMENT  IS  SUBJECT  TO  BINDING 
MANDATORY  ARBITRATION  AS  SET  FORTH  IN 
YOUR  MEMBERSHIP  ACCOUNT  AGREEMENT 
AND  DISCLOSURES. 
THIS  ARBITRATION 
PROVISION  SUBSTANTIALLY  LIMITS  YOUR 
RIGHT TO BRING A LEGAL ACTION IN A JUDICIAL 
FORUM  (EXCEPT  FOR  MATTERS  THAT  MAY  BE 
BROUGHT  IN  SMALL  CLAIMS  COURT  AS  SET 
FORTH 
IN  THIS  AGREEMENT.  SEE  YOUR 
IS 
MEMBERSHIP 
INCORPORATED  HEREIN  BY  REFERENCE  FOR 
COMPLETE DETAILS. 

AGREEMENT  WHICH 

1.  DEFINITIONS  USED  TO  UNDERSTAND  YOUR 
AGREEMENT WITH US 

In this Agreement, the word "Card" means either one or 
more  Visa  credit  cards  and  any  duplicates,  renewals  or 
substitutions  we  issue.  The  words,  "you,"  "your,"  and 
"yours"  mean  all  cardholders  (borrowers  and  co- 
borrowers);  anyone  any  cardholder  permits  to  use  the 
Card(s);  as  well  as  any  authorized  user  for  whom  an 
additional  Card(s)  is  issued  to  the  extent  of  their 
purchases and cash advances, as well as transactions by 
anyone  they  permit  to  use  the  Card(s).  The  word 
"cardholder"  means  any  applicant  or  co-applicant  to 
whom a Card is issued by us. The words "Credit Union," 
"we," "us," and "our"  mean SAFE Federal Credit Union. 
The  words  "Convenience  Checks"  mean  one  or  more 
checks  that  we  may  send  to  you  to  access  your  Credit 
Card  Account. <Applicable  Law=  shall include:  <(i)  Visa 
U.S.A. 
Inc.  Operating 
Regulations, Visa U.S.A. Inc. Certificate of Incorporation, 
Visa 
International 
Operating Regulations; and (ii) any and all laws, treaties, 
rules, 
the 
government of the United States, any state thereof, or  of 

International  Bylaws,  and  Visa 

Inc.  Bylaws,  Visa  U.S.A. 

regulatory  guidance  of 

regulations,  or 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

any applicable foreign government or state thereof, as the 
same may be amended and in effect from time to time. 

2.  YOUR PLEDGE OF SHARES AND SECURITY 
INTEREST FOR YOUR LOAN ADVANCES 

BY  SIGNING  AN  APPLICATION,  ACCEPTANCE 
OR  AUTHORIZED  USE  OF  ANY  CREDIT  CARDS, 
YOU GRANT AND PLEDGE A CONSENSUAL LIEN 
TO US ON ALL SHARES TO SECURE PAYMENT 
OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN 
OUR 
ADDITION, 
STATUTORY 
THE 
FEDERAL  CREDIT  UNION  ACT;  YOU  AGREE 
THAT  SUCH  A  LIEN  IS  IMPRESSED  AS  OF  THE 
DATE  THAT  THIS  ACCOUNT  IS  OPENED;  AND 
YOU AGREE THAT WE CAN APPLY THE SHARES 
PLEDGED  AT  THE  TIME  OF  ANY  DEFAULT  ON 
THIS ACCOUNT WITHOUT FURTHER NOTICE. 

ACKNOWLEDGE 
RIGHTS  UNDER 

YOU 
  LIEN 

<Shares= for the purpose of your pledge to secure 
your  obligations  to  the  Credit  Union  means  all 
deposits in any share savings, share draft, club, 
certificate,  P.O.D.,  revocable  trust  or  custodial 
account(s), whether jointly or individually held  -- 
regardless  of  contributions,  that  you  have  on 
deposit now or in the future. Your pledge does not 
include any I.R.A., Keogh, tax escrow, irrevocable 
trust  or  fiduciary  account  in  which  you  do  not 
have a vested ownership interest. 

MILITARY LENDING ACT PARTIAL EXCEPTION: If 
you  or  your  dependents  are  expressly  covered 
and  entitled  to  the  protections  provided  by  the 
Military  Lending  Act  then  NO  PLEDGE  OF 
SHARES OR LIEN ON SHARES APPLIES EXCEPT 
FOR  A  SHARED  SECURED  CREDIT  CARD  FOR 
WHICH YOU EXECUTE  A SEPARATE  SECURITY 
AGREEMENT.  Any  provisions  of  the  Agreement 
(below) that address the items expressly excepted 
in any section to the contrary also do not apply to 
such Loans. 

Security Agreement – Non-Purchase Money Security 
Interests:  Payments on your Account are secured by any 
security  interest  in  any  property  securing  your  other 
obligations to the Credit Union, whether existing now or in 
the future, except your household goods and your primary 
residence. 
Security  Agreement  –  Purchase  Money  Security 
Interests: You hereby grant Credit Union security interest 
in all property purchased/acquired by you or any 

00029 
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Page 3 of 12 

 
 
 
 
 
 
 
 
 
 
 
authorized  user  pursuant  to  the  use  of  this  Account, 
including  a  purchase-money  security  interest  in  any 
household  goods  purchased/acquired  with  an  extension 
of  credit  upon  this  Account.  These  Purchase-Money 
Security Interests shall secure faithful performance of all 
obligations arising under this Agreement; and the Credit 
Union  shall  have  all  of  the  rights  of  a  secured  party  in 
accordance with Article Nine of the Uniform Commercial 
Code and/or other applicable law. 

3.  HOW TO USE THIS ACCOUNT 

You  must  sign  the  Card  in  order  to  use  it.  You  can 
purchase or lease goods and services ("Purchases") from 
any merchant who honors your Card up to your maximum 
credit  limit  by  presenting  your  Card  and  signing  a  sales 
slip or writing a Convenience Check for the amount of the 
Purchase.  You  may  also  use  the  Card  to  obtain  cash 
loans ("Cash Advances") up to your maximum credit limit 
from financial institutions that accept the Visa credit card, 
and  by  use  of  preprinted  Convenience  Checks  that  the 
Credit Union may issue to you. You agree not to present 
your Card, obtain a Cash Advance or write a Convenience 
Check  for  any  extension  of  credit  in  excess  of  your 
available  Credit  Limit  (the  difference  between  your 
outstanding  balance  and  your  maximum  credit  limit)  on 
your account. Cash advance, convenience checks, and 
balance transfers may not be used to pay off any debt 
owed to SAFE Federal Credit Union. Certain purchases 
to 
and  cash  advances  require  authorization  prior 
completion of the transaction. In some cases, you may be 
asked  to  provide  identification.  If  our  system  is  not 
working, we may not be able to authorize a transaction, 
even though you have sufficient credit available. Also, for 
security reasons, we  may  block the  use of your Card in 
certain  countries  or  geographic  areas.  We  will  have  no 
liability to you or others if any of these events occur. 

You authorize us to honor any Purchase or Cash Advance 
you make by telephone or mail on this account. You agree 
that a signature is not necessary as identification in such 
cases. We reserve the right to refuse to honor any request 
for  credit,  to  reduce  your  credit  limit  or  terminate  your 
account at any time using our sole discretion, based on 
changes  in  the  economy,  the  Credit  Union's  financial 
condition,  your  creditworthiness  or  for  any  other  reason 
not prohibited by law. 

Transactions Involving Cryptocurrencies 
Prohibited 
Due to the many risks associated with 
cryptocurrencies such as Bitcoin we have blocked all 
transactions involving cryptocurrencies. This means 
that you will not be able to perform any transactions 
involving cryptocurrencies with any Card issued by 
us. 

4. ATM ACCESS 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

If  you  have  received  a  personal  identification  number 
(PIN),  you  may  use  your  Card  and  PIN  to  obtain  Cash 
Advances at any Automatic Teller Machine ("ATM") that 
accepts  your  Card.  Your  PIN  is  confidential  and  should 
not be disclosed to anyone. You agree not to write your 
PIN on your Card, you will not keep your Card and PIN 
together, and you will not provide your PIN to anyone who 
is not an authorized user. Except as otherwise provided 
in this agreement, advances through ATM access will be 
treated  as  Cash  Advances  under 
this  Agreement. 
Advances  at  authorized  ATM's  are  limited  to  a  total  of 
$510.00 during any 24- hour period. The total of all cash 
advances on your Visa Account and any withdrawals from 
your  other  accounts  through  an  ATM  in  any  24-hour 
period may be combined for the purpose of this limitation. 
Although we do not charge a fee for this service, others 
may. Owners of ATMs that we do not own may charge 
fees  in  addition  to  any  fees  disclosed  in  this 
Agreement. This is not a fee charged by your Credit 
Union; however, any such fee will be added to your 
account.  The  party  charging  the  fee  is  required  to 
provide appropriate disclosures to you with regard to 
any such fees. 

5.  YOUR MAXIMUM CREDIT LIMIT 

Your  maximum  credit  limit  will  appear  on  the  folder  in 
which  you  receive  your  Card  and  on  your  monthly 
statement. At our discretion, we may change your credit 
limit  at  any  time,  and  may  provide  separate  limits  for 
purchases and for cash advances. We will notify you if we 
do,  either  by  mail  or  through  your  monthly  billing 
statement. You may request a change to your credit limit 
by contacting the Credit Union by telephone or mail. Your 
continued use of the card will show your agreement to any 
such increase. If you object to an increase in your credit 
limit, you must notify Credit Union in writing. Upon receipt 
of such notice, your credit limit will be reduced to its prior 
limit; however, you will be responsible to pay any amounts 
by which you have exceeded the reduced limit. You agree 
to pay any amounts you owe that exceed your maximum 
credit  balance  upon  demand.  You  agree  we  are  not 
obligated  to  extend  to  you  credit  for  any  amount  that 
would  cause  your  outstanding  balance  to  exceed  your 
Maximum  Credit  Limit,  or  for  any  amount  if  your 
outstanding  balance  already  exceeds  your  Maximum 
Credit Limit. Any increase in your Maximum Credit Limit 
requested  by  you  will  require  you  to  make  a  written 
application for our approval. In assessing your credit limit 
under  the  provisions  in  this  Section  (either  at  our 
discretion or upon request): (a) we may and you authorize 
us to review your credit history, including consumer credit 
reports; (b) you authorize us to have this review made by 
third  parties  to  determine  whether  you  meet  the  criteria 
we  have  set  for  such  an  increase;  and  (c)  this  process 
shall not be pre-screening under the Fair Credit Reporting 
Act or other applicable laws or regulations based on our 
existing relationship and this Agreement. 

00029 
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Page 4 of 12 

 
 
 
 
 
 
 
 
 
Credit balances in excess of $1.00 will be refunded to you 
by mailing a check to the address to which statements are 
provided payable to the order of any cardholder or as a 
deposit to your primary savings account. You agree that 
the  Maximum  Credit  Limit  will  at  no  time  exceed  the 
agreed upon amount, and that any credit balance will not 
be  available  or  increase  the  Maximum  Credit  Limit 
available for new purchases or cash advances during any 
billing cycle. 

6.  GENERAL TERMS GOVERNING YOUR PAYMENTS 

You will be jointly and severally liable and agree to pay 
the  Credit  Union  for  all  charges  (purchases,  cash 
advances, finance charges, and other charges added to 
your  Account  under  the  terms  of  this  or  any  other 
agreements  with  us)  extended  to  you  or  anyone  else 
using any Card issued for your account, unless the use of 
such Card is by a person other than you, who does  not 
have  actual,  implied  or  apparent  authority  for  such  use 
and from which you receive no benefit. Authority includes, 
but  is  not  limited  to,  any  authorized  users  permitting 
another person to use any Card(s). Further, all users are 
obligated  to  us  for  all  charges  they  make,  authorize  or 
permit.  The  Credit  Union  can  accept  late  or  partial 
payments as well as payments that are marked with "paid 
in  full"  or  other  restrictive  endorsements,  without  losing 
any of our rights under this Agreement. You must pay the 
Credit Union in U.S. dollars drawn on funds on deposit in 
the  United  States.  The  Credit  Union  will  determine  the 
method of applying payments and credits to your account, 
which  will  in  all  respect  comply  with  any  specific 
requirements  of  applicable  laws.  If  you  make  payment 
with  other  currencies  or  from  an  institution  domiciled 
outside the United States, then your payment will not be 
credited until the funds have been collected by us in U.S. 
dollars. If you make a payment on this account utilizing a 
check, you authorize us either to use the information from 
your  check  to  make  a  one-time  electronic  fund  transfer 
from  your  checking/deposit  account  or  to  process  the 
payment  as  a  check 
transaction.  When  we  use 
information  from  a  check  to  make  an  electronic  funds 
transfer, funds may be withdrawn from another financial 
account possibly the same day you make your payment, 
and  you  will  not  receive  your  check  back  from  your 
financial institution. For inquiries, or to opt out of one-time 
transfers,  please  contact  us  at 
fund 
electronic 
1.800.763.8600. 

Unless otherwise required by specifically applicable laws, 
for payments received by mail by 5:00 PM EST, you will 
receive  credit  that  day;  and  for  payments  made  in  any 
other  manner,  including  in  person,  your  account  will  be 
credited the day payment is received. 

Please allow at least seven (7) days for the U.S. Postal 
Service to deliver your payment. 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

To  protect  you  and  us,  the  Credit  Union,  in  its  sole 
discretion, may place a temporary freeze on all or part 
of  the  credit  available  to  you  for  new  purchases  or 
cash  advances  under  this  agreement  any  time  the 
Credit Union receives a large payment ($1,000.00  or 
more), by  a method other than cash,  certified funds 
or electronic transfer. In such cases, the Credit Union 
may freeze your credit line until payment is actually 
collected by us. 

Maximum Fees During the First  Year:  During the first 
year after the credit card is opened the total fees charged 
to your credit card will not exceed 25% of the credit limit 
in effect when the account is opened. This limit does not 
apply  to  late  payment  fees,  over-limit  fees  or  returned 
payment fees or other fees the consumer is not required 
to pay with respect to the account such as an expedited 
payment for making a payment by phone. However, the 
limit  does  apply  to  cash  advance  fees,  balance  transfer 
fees and foreign transaction fees. 

7.  MINIMUM PAYMENT DUE 

You can pay off your account balance in full each month 
or you can pay in monthly installments. If you do not pay 
your balance in full, you agree to pay at least a minimum 
payment  of  2%  of  your  New  Balance  (rounded  to  the 
nearest whole dollar) or $25.00, whichever is  greater  at 
the  end  of  each  statement  period.  If  the  New  Balance 
shown on your periodic statement is $25.00 or less, you 
agree to pay this amount. Unless the Credit Union takes 
other action as a result of a default under this Agreement, 
the Minimum Payment Due will also include any amount 
that  is  past  due  and  any  amount  by  which  your  new 
balance  exceeds  your  credit  limit.  Payment  Allocation: 
Subject to any mandatory provisions of applicable law we 
will  apply  your  minimum  payment  to  previously  billed 
unpaid finance charges; late charges and similar charges; 
balance with the lowest interest rate; Cash Advances and 
Purchases.  You  must  pay  the  minimum  payment  on  or 
before the due date each month, but you may pay more 
with  all  of  the  excess  payment  being  applied  to  highest 
APR  balances.  You  must  pay  at  least  the  minimum 
payment  each  month,  but  you  may  pay  more  than  that 
amount at any time without a penalty. The sooner you pay 
your new balance, the less you will have to pay in finance 
charges. The "Payment Due Date" will be shown on your 
periodic statement. 

Grace  Period  for  Repayment  of  The  Balance  for 
Purchases  and  Cash  Advances:  Grace  period  for 
repayment  of  the  balance  for  purchases  and  cash 
advances  is  25  days  from  the  close  of  the  billing  cycle. 
See your statement for billing cycle date. 

8.  RETURNS AND ADJUSTMENTS REGARDING 
YOUR TRANSACTION WITH MERCHANTS 

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Page 5 of 12 

 
 
 
 
 
 
 
 
 
 
 
Merchants  and  others  who  honor  your  Card  may  give 
credit for returns  or adjustments,  and they will  do so by 
sending the Credit Union a credit slip which will be posted 
to  your  Account.  If  your  credits  and  payments  exceed 
what you owe the Credit Union, the amount will be applied 
against future purchases and cash advances. If the credit 
balance amount is $1.00 or more, it will be refunded upon 
your  written  request.  Credit  balances  under  $25.00  will 
automatically  be  refunded  within  six  months.  Credit 
balances over $25.00 will be refunded automatically each 
month after statement cycle closing. 

9.  ADDITIONAL CHARGES FOR TRANSACTIONS IN 
A  FOREIGN  CURRENCY  AND  CROSS-BORDER 
TRANSACTIONS 

Conversion Fee: If you effect or authorize a transaction 
with  your  access  device  in  a  currency  other  than  US 
Dollars,  Visa  will  convert  the  charge  into  a  US  Dollar 
amount.  The  Visa  currency  conversion  procedure 
includes use of either a government mandated exchange 
rate, or a wholesale exchange rate selected by Visa, as 
applicable. The exchange rate Visa uses will be a rate in 
effect on the day the transaction is processed. This rate 
may  differ  from  the  rate  in  effect  on  the  date  of  the 
purchase or the date the transaction was posted to your 
account. A Currency Conversion Fee of up to 1% will be 
applied  to  transactions  that  are  converted  from  foreign 
currencies to U.S. dollars. 

In  addition,  Visa 
Cross-Border  Transaction  Fee: 
charges us a Cross-Border Assessment up to 1% on each 
transaction on all cross-border transactions regardless of 
whether there is a currency conversion. For purposes of 
this Section, <cross-border transaction= shall include both 
(a)  transactions  initiated  in  a  foreign  country  which  are 
subsequently  settled  in  the  United  States,  and  (b) 
transactions  initiated  in  the  United  States  but  which  are 
ultimately settled in a country outside of the United States. 
The  Credit  Union  will  assess  these  fees  to  you  to 
reimburse it for the fee it is required to pay for each of your 
transactions  subject  to  these  terms.  The  Cross-Border 
transaction fee will be shown separately on your periodic 
billing  statement.  The  Currency  Conversion  Fee,  if  it 
applies  to  the  transaction,  will  be  included  in  the 
transaction amount posted on your statement. 

10.  FINANCE CHARGES 

FINANCE  CHARGES  WILL  BE  IMPOSED  IN  THE 
FOLLOWING  MANNER  AND  WILL  BE  IN  AMOUNTS 
NOT IN EXCESS OF THOSE PERMITTED BY LAW: 

(a)  Purchases:  (1)  No  finance  charge  will  be  imposed 
during the next billing cycle (defined as the time interval 
between  regular  monthly  billing  statement  dates)  if  you 
pay the entire new balance shown on the current periodic 
statement and we receive your payment on or before the 
payment due date shown on the statement. (2) In all other 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

is  determined  by 

cases,  a  finance  charge  will  be  imposed  based  on  the 
average  daily  balance  of  all  purchases  and  debit 
adjustments,  hereafter  referred  to  as  purchases.  The 
average  daily  balance  is  the  sum  of  all  outstanding 
including  new 
purchases,  which 
purchases  and  deducting  payments  or  credits  and 
excluding any unpaid finance charge for your Account on 
each day of the billing cycle divided by the number of days 
in the billing cycle. A purchase appearing on the periodic 
statement is considered a part of the outstanding balance 
from  the  date  of  posting.  (3)  The  amount  of  the  finance 
charge  is  calculated  by  multiplying  the  average  daily 
balance for purchases by the monthly periodic rate. The 
monthly periodic rate is the yearly interest rate divided by 
12. 

(b)  Cash  Advances:  (1)  No  finance  charge  will  be 
imposed during the next billing cycle (defined as the time 
interval between regular monthly billing statement dates) 
if you pay the  entire  new  balance shown on the current 
periodic  statement  and  we  receive  your  payment  on  or 
before the payment due date shown on the statement (2) 
In all other cases, a finance charge will be imposed on the 
average daily balance of cash advances, which is the sum 
of the cash advances (determined by including new cash 
advances  and  deducting  any  payments  or  credits  and 
excluding  any  unpaid  finance  charge)  outstanding  each 
day during the billing cycle, divided by the number of days 
in  the  billing  cycle.  A  cash  advance  appearing  on  the 
periodic statement is considered a part of the outstanding 
balance  from  the  transaction  date.  (3)  The  amount  of 
finance  charge  is  calculated  by  multiplying  the  average 
daily balance for cash advances by the monthly periodic 
rate. The monthly periodic rate is the yearly interest rate 
divided by 12. 

11.  PROMOTIONAL RATE FINANCE CHARGES 

From time to time and in our sole discretion we may offer 
a special rate applicable to certain transactions such as 
particular  purchases  (as  defined  by  us),  balance 
transfers,  cash  advances  or  purchases  made  by  using 
Convenience  Checks.  Applicable  terms  and  conditions 
will be disclosed at the time any such promotion is offered, 
and  are  incorporated  into  this  Agreement  by  reference. 
The  promotional  rate  will  apply  only  to  the  transactions 
and for the period of time set forth in any such offer from 
us. Existing balances and new purchases or advances not 
expressly  subject  to  any  such  promotion  will  remain 
governed by the terms and conditions of this Agreement. 
In  addition,  the  terms  and  conditions  of  this  Agreement 
will govern your obligations regarding any unpaid balance 
or  transactions  that  are  made  subject  to  any  such 
promotional  offer,  that  are  not  fully  paid  within  the  time 
period set forth in such promotional offer. 

12.  INTEREST RATE ADJUSTMENT (DEFAULT RATE) 

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The  Credit  Union  will  adjust  the  interest  rate  on  your 
account whenever your account is 60 days past due. We 
will  change  your  interest  rate  to  a  fixed  rate  of  18.00% 
annual  percentage  rate  (APR)  (or  less  in  the  Credit 
Union’s  discretion)  which  is  a  monthly  periodic  rate  of 
1.50%,  on  the  first  day  of  the  billing  cycle  following  the 
cycle that was 60 days past due. After six (6) consecutive 
billing cycles of your account being paid pursuant to the 
terms of your agreements with the Credit Union, we will 
change the interest rate to the rate that is then applicable 
to your account, which will become effective on the first 
day  of  the  billing  cycle  following  the  sixth  consecutive 
billing cycle. 

13.  MONTHLY STATEMENT 

We  will  send  you  a  monthly  billing  statement  whenever 
there is activity on your account. Your monthly statement 
will show an itemized list of current charges (Purchases 
and  Cash  Advances)  and  Convenience  Check 
transactions  to  your  account,  your  new  balance,  any 
Finance  Charges,  the  minimum  payment  due,  and  the 
payment  due  date.  In  addition,  it  will  show  your  current 
credit  limit,  payments,  and  credits,  a  summary  showing 
your  Purchases  and  Cash  Advances,  the  merchant, 
institution  at  which 
electronic 
transactions  were  made,  as  well  as  other  information 
concerning your account. Sales, Cash Advance, credit or 
other  slips  cannot  be  returned  with  any  statement.  You 
will retain a copy of such slip furnished at the time of the 
transaction in order to verify your monthly statement. 

terminal  or 

financial 

E-Statements: If provided electronically, you will be sent 
a notice via e-mail that will direct you to a site we maintain 
or cause to be maintained where you may access, review, 
print  and  otherwise  copy  /  download  your  periodic 
statements using  procedures that we authorize.  E-mails 
from us will be sent to the e-mail address provided by any 
owner. 

14. ADDITIONAL BENEFITS / CARD ENHANCEMENTS 

The  Credit  Union  may  from  time  to  time  offer  additional 
services  to  your  Account,  such  as  travel  accident 
insurance, purchase rewards or rebates at no additional 
cost to you. You understand that the Credit Union is not 
obligated  to  continue  or  to  offer  such  services  and  may 
withdraw or change them at any time. If these benefits are 
withdrawn  prior  to  any  accrued  use  by  you,  the  Credit 
Union  will  have  no  obligation  to  provide  the  benefit  or 
enhancement, 
or 
consideration. 

compensation 

other 

any 

or 

15.  MERCHANT DISPUTES 

The Credit Union is not responsible for the refusal of my 
merchant or financial institution to honor your Card except 
as set forth in the Special Rules for Credit Card Purchases 
set forth at the end of this Agreement. 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

16.  LATE PAYMENT FEE 

Credit Union will charge your account a late payment fee 
up  to  $27.00  for  the  first  billing  period  in  which  your 
minimum payment is not received within three (3) days of 
your payment due date. The credit union will charge you 
a fee up to $38.00 for any additional late payments within 
six (6) months of the first late fee. This fee may be added 
to  your  account  balance,  or  collected  from  you  on 
demand. 

17.  RETURNED PAYMENT OR INSUFFICIENT FUNDS 
FEE 

Credit Union will charge your account a $25.00 fee if your 
payment  by  any  method,  including  check,  electronic 
transfer,  home  banking  transaction  or  otherwise,  is  not 
honored,  collected  by  us,  or  if  we  must  return  it  to  you 
because it cannot be processed for any reason. This fee 
may be added to your account balance, or collected from 
you on demand. 

18.  CHARGE FOR COPIES,  RESEARCH AND CARD 
REPLACEMENT 

If you ask for a copy of  any document, such  as a sales 
slip, Convenience Check, or billing statement, a charge of 
$10.00 per hour may be imposed for the time it takes to 
research  and  locate  the  document,  with  a  two-hour 
minimum. In addition, a copying fee of $2.00 per copy will 
be  imposed.  However,  no  charge  will  be  imposed  in 
connection  with  any  actual  or  asserted  billing  error.  We 
will charge a $15.00 fee to replace a lost card. 

19.  YOUR  RESPONSIBILITY  AND  LIABILITY  FOR 
UNAUTHORIZED  USE  AND  LOST  OR  STOLEN 
CARDS OR CONVENIENCE CHECKS 

If your Card or Convenience Checks are lost or stolen, or 
if you are afraid someone used or may use them without 
your permission, you must notify the Credit Union at once 
by calling us at 1.800.449.7728. If notice is given orally, 
you  will  promptly  confirm  it  in  writing.  The  Credit  Union 
may  require  you  to  provide  us  certain  information  in 
writing  to  help  us  investigate  any  unauthorized  use. 
Further,  you  agree  to  cooperate  and  assist  us  or  any 
government  or  law  enforcement  agent  or  agency  in 
investigating, collecting or pursuing any other rights (civil 
and  criminal)  relating  to  any  unauthorized  use.  In  this 
regard, you agree to file an appropriate police report when 
asked to do so. Do not use the Card or the Convenience 
Checks after you have notified the Credit Union, even if 
you find them or have them returned to you. 
You are liable for all transactions that you authorize. 

No  Liability:  You  will  have  no  liability  for  unauthorized 
use of your Card, Convenience Checks or other Access 
Devices for non-ATM transactions made over the Visa 

00029 
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Page 7 of 12 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Network.  HOWEVER  -  your  liability  with  respect  to 
unauthorized  transactions  may  be  greater  than  the 
above zero ($0.00) liability limit, to the extent allowed 
under  applicable  law,  if  the  credit  union  reasonably 
determines, based on substantial evidence, that you 
were negligent or fraudulent in the handling of your 
account or card. 

Limited Liability: For transactions on other networks or 
ATM  transactions,  you  may  be  liable  for  unauthorized 
transactions  using  your  Card,  Convenience  Checks  or 
other  Access Devices that  occur before we are notified. 
However, your liability for unauthorized use on networks 
other than Visa will not exceed $50.00. In any case, you 
will not be liable for any unauthorized use after notifying 
us  of  the  loss,  theft  or  unauthorized  use  of  your  Card, 
Convenience Checks or other Access Devices. 

20.  OUR  LIABILITY  FOR  FAILURE  TO  COMPLETE 
TRANSACTIONS 

If  we  do  not  complete  a  transaction  pursuant  to  any 
request, and/or in the correct amount, we may be liable 
for  your  losses  or  damages.  However,  there  are  some 
exceptions. We will not be liable, for instance: 

• 

• 

• 

• 
• 

• 

• 

• 

if  through  no  fault  of  ours,  you  do  not  have 
adequate  funds  available  on  your  Card  to 
complete the transfer; 
if circumstances beyond our control (such as fire, 
flood,  terrorist  attack,  national  emergency,  or 
computer  or  communication  failure)  prevent  the 
completion of the transaction, despite reasonable 
precautions we have taken; 
if access to your Card has been blocked after you 
reported your Card lost or stolen; 
if there is a hold on your Card for any reason; 
if your funds are subject to legal process or other 
encumbrance restricting their use; 
if  your 
operation of law; 
if  a  computer  system  or  mobile  device  was  not 
the 
working  properly  and  you  knew  about 
problem when you initiated the transaction; 
if  we  have  reason  to  believe  that  the  requested 
transaction is not authorized; or 

transfer  authorization 

terminates  by 

•  as otherwise provided in this Agreement. 

21.  WHAT THE CREDIT UNION MAY DO IF YOU DO 
NOT  MEET  YOUR  OBLIGATIONS  UNDER  THIS 
AGREEMENT (DEFAULT) 

You will be in default if: (a) you fail to pay the Minimum 
Payment  Due  by  the  Payment  Due  Date;  (b)  the  Credit 
Union, in its sole discretion, feels insecure (For example: 
Our good faith belief that your ability to pay your account 
is impaired; use of your account in any manner or in any 
way that may expose the Credit Union to a risk of loss; 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

etc.); (c) your ability to repay is materially reduced  by a 
change  in  your  employment,  by  an  increase  in  your 
obligations,  by  bankruptcy  or  insolvency  proceedings 
involving you, by your death, or (for community property 
state  residents  only)  by  a  change  in  marital  status  or 
domicile;  (d)  you  exceed  your  credit  limit  without  our 
permission;  (e)  you  have  made  a  false  or  misleading 
statement  to  us  in  your  application  or  otherwise;  (f)  you 
are  in  default  under  any  other  agreement  with  us;  (g)  if 
you use or authorize the use of any Card(s) to make or 
facilitate any illegal transaction; or (h) you fail to perform 
any  of  your  other  obligations  under  the  terms  of  this 
Agreement as it may be amended from time to time. Upon 
default  we  may  close  your  Account  to  future  purchases 
and  advances  and,  to  the  extent  not  prohibited  by 
Governing  Law,  demand  immediate  payment  of  your 
entire  Account  balance,  after  giving  you  any  notice  and 
opportunity  to  cure  the  default  if  required  by  applicable 
law.  The  Credit  Union's  sole  obligation  hereunder  with 
regard to determining and declaring an event of default is 
the  exercise  of  "good  faith,"  based  on  its  subjective 
understanding of applicable facts. We shall also have the 
right  to  close  your  account  and  terminate  access 
privileges where your account is inactive for such periods 
of  time  as  we  may  from  time-to-time  determine  to  be 
appropriate for protecting both our and your interests. 

22.  WHEN YOU MAY BE RESPONSIBLE FOR LEGAL 
AND OTHER COSTS 

You agree to pay all costs incurred by the Credit Union in 
collecting  any  amounts  you  owe  or  in  enforcing  or 
protecting the Credit Union's rights under this Agreement, 
including attorneys' fees of 20% of the unpaid balance or 
such greater sum as may be reasonable, and also those 
costs,  expenses  and  attorneys'  fees  incurred  in  any 
appellate,  bankruptcy  and  post-judgment  proceedings, 
except as limited or prohibited by applicable law. 

23.  UPDATING  AND  DISCLOSING  FINANCIAL 
INFORMATION 

We  may report your performance under this  Agreement 
to  credit  reporting  agencies  and  secure  follow-up  credit 
reports  on  you  for  any  legitimate  business  reason, 
including if you fail to make your minimum payments on 
time.  We  can 
reevaluate  any 
reinvestigate  and 
information you provide on your  Visa Application at any 
time, and in the course of  doing so, we may ask you to 
provide  additional  information,  request  credit  bureau 
reports  and/or  otherwise  verify  your  current  credit 
standing. 

Access  to  Account  Information:  You  agree  that  all 
borrowers  and  authorized  users  will  have  access  to 
information  regarding  transactions  on  your  account, 
including but not limited to purchases and cash advances, 
account  balances,  account  history,  payments  and  other 

00029 
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Page 8 of 12 

 
 
 
 
 
 
 
 
 
 
 
 
information  relating  to  or  arising  with  regard  to  this 
account or any transaction. 

others with regard to any claim of unauthorized use or any 
other defense to payment under applicable law. 

24. CHANGE OF NAME, ADDRESS OR EMPLOYMENT 

27.  CHANGING THIS AGREEMENT 

You  will  notify  immediately  the  Credit  Union  in  writing  if 
your name, home address or employment changes. 

25.  CORRECTING THE CREDIT UNION’S CREDIT 
REPORT 

think 

If  you 
the  Credit  Union  reported  erroneous 
information about you to a credit reporting agency, call the 
Credit  Union  at  the  telephone  number  listed  on  your 
monthly  billing  statement.  Credit  Union  will  promptly 
investigate  the  matter.  Credit  Union  will  contact  each 
credit  reporting  agency  whose  records  may  reflect  an 
error. Credit Union will require them to correct your report 
if its investigation decides that you were correct. If Credit 
Union  disagrees  with  you  after  the  investigation,  Credit 
Union will advise you, in writing or by phone, and instruct 
you how to submit to those agencies a statement of your 
position that will become a part of your credit record with 
them. The instructions will include the name, address, and 
phone  number  of  each  such  agency,  along  with  other 
pertinent information. 

26.  WHEN YOUR ACCOUNT MAY BE CLOSED AND 
EFFECTS OF ACCOUNT CLOSING 

Any  individual  cardholder  without  the  consent  of  other 
cardholders  may  close  your  Account  at  any  time  by 
notifying  us  in  writing  as  indicated  in  this  Agreement. 
Credit  Union  may  close  your  account  or  suspend  your 
Card  privileges  or  Convenience  Checks  at  any  time 
without  prior  notice.  Credit  Union  may  also  reissue  a 
different Card or different checks at any time. You must 
return the Card or the Convenience Checks to the Credit 
Union  upon  request.  You  agree  that  the  Card  and  all 
Convenience Checks remain the property of Credit Union. 
Each  Card  we  issue  will  have  an  expiration  date.  Upon 
expiration  of  your  Card  your  account  will  automatically 
terminate; or the Credit Union, in its sole discretion, may 
extend your Agreement and issue a new card with a new 
expiration date. If your account is closed, expires or your 
credit  privileges  are  terminated  or  suspended,  you  will 
remain  responsible  for  paying  all  amounts  you  owe  us 
according to the terms of this Agreement. Without limiting 
the foregoing, the Credit Union has the right to terminate 
your  line  of  credit  or  any  part  of  the  services  provided 
pursuant to this Agreement and to demand the return of 
all cards, access checks and other access devices if the 
Credit Union, in its sole discretion, feels that it is insecure 
for  any  reason  whatsoever;  including  but  not  limited  to 
mismanagement of your account, failing to safeguard any 
access device, creation of any credit balances by you that 
may  increase  the  risk  of  loss  or  exposure  of  the  Credit 
Union  or  failing  to  cooperate  with  the  Credit  Union  or 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

the 

terms  of 

The  Credit  Union  may  change 
this 
Agreement, including the Annual Percentage Rate, at any 
time.  Except  where  limited  by  applicable  law,  the  new 
terms, including, but not limited to, increasing the finance 
charge  or  the  way  the  Credit  Union  calculates  finance 
charges,  late  charges,  and  the  minimum  payment  due, 
will apply both to new purchases and cash advances and 
to the existing outstanding balance of your account as of 
the day of the change. In accordance with applicable law, 
the Credit Union will notify you of any increased charge or 
change  by  writing  to  you  at  the  most  recent  address 
shown for you on the Credit Union's records. 

28.  THE EFFECT OF ANY DELAY IN ENFORCEMENT 
OR WAIVER 

The Credit Union may delay or waive enforcement of any 
of  the  provisions  of  this  Agreement,  including  any 
agreement  to  make  timely  payments,  without  losing  its 
right  to  enforce  the  same  provision  later  or  any  other 
provisions  of  this  Agreement.  You  waive  the  right  to 
receive  notice  of  any  waiver  or  delay  or  presentment, 
demand,  protest  or  dishonor.  You  also  waive  any 
applicable statute of limitations to the full extent permitted 
by law and any right you may otherwise have to require 
the  Credit  Union  to  proceed  against  any  person  before 
suing you to collect. You understand that the Credit Union 
will not be liable for a merchant's or other parties' refusal 
to honor your Card whether due to an error by the Credit 
Union, the merchant, the Credit Union's authorized agent, 
or other third party. 

29.  ADDITIONAL TERMS OF AGREEMENT 

To the extent not prohibited by applicable law, the terms, 
interpretation  and  enforcement  of  any  claim  or  dispute 
arising under this Agreement, as well as all parties’ rights 
and duties, will be governed by South Carolina State law 
regardless  where  you  may  reside  or  use  your  account. 
Further, this Agreement is the contract which governs all 
transactions  on  your  Account  even  though  sales,  cash 
advances,  credit  or  other  slips  may  contain  different 
terms. 

You may not transfer or assign your account or Card to 
any other person. The Credit Union may assign or transfer 
this Account, your Account balance, or this Agreement to 
another person, who will have all of our rights hereunder. 
This  Agreement  is  binding  on  your  heirs  and  legal 
representatives.  If  there  are  joint  obligors  or  authorized 
users for this credit plan, each of you will have the right to 
use  the  Account  to  obtain  loans  pursuant  to  the  terms 
hereof.  Any  one  obligor’s  elections,  transactions  and 
directions to the Credit Union shall be binding upon all 

00029 
Rev. 06.03.2022 
Page 9 of 12 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
obligors. Each of you will be liable for all obligations owing 
on  the  Account  whether  borrowed  by  you  or  otherwise 
and whether within or beyond the credit limit. Your liability 
will  be  joint  and  several.  Either  party  has  the  right  to 
cancel this Agreement. Further each of you is responsible 
for  all  amounts  borrowed  by  any  authorized  user(s). 
Authorized users and other users may also be required to 
repay the amount owed for charges they make; however, 
you  remain,  at  all  times,  primarily  responsible  for  all 
amounts owed. All Cards, billing statements and notices 
will  be  mailed  or  delivered  to  the  address  given  on  the 
application for either applicant unless you direct otherwise 
in  writing.  If  any  law  or  judicial  ruling  makes  any  part, 
provision,  sentence  or  section  of 
this  Agreement 
unenforceable,  the  remainder  will  continue  in  full  force 
and effect. 

30.  CREDIT INSURANCE 

If you elect insurance, as set forth in your application, then 
the  charges  will  be  added  to  your  Account  balance  on 
each  billing  cycle,  if  your  insurance  application  is 
approved. Credit insurance is voluntary and not required 
to obtain a credit card account with us. You have a right 
to terminate this insurance at any time by notifying us in 
writing.  Note:  Maximum  age  for  life  insurance  will 
terminate in the month of your 70th birth date. Maximum 
age for credit disability will terminate in the month of your 
66th birth date. 

31.  ELECTRONIC PAYMENT OPTION 

If  you  request  recurring  electronic  payment  options 
(Automated  Clearing  House  (ACH),  Pay  by  Phone,  e- 
check, etc.), all Minimum Payments due will automatically 
be  deducted  from  your  designated  account  on  your 
Payment Due Date. If your designated account does not 
contain  sufficient  funds,  no  automatic  deduction  will  be 
made; we will bill you for the Minimum Payment Due; and 
your account will be charged a $25.00 insufficient funds 
fee and you will be responsible for making the payment 
by some other means. 

32.  COMPLIANCE WITH APPLICABLE LAWS AND 
PROHIBITION OF ILLEGAL TRANSACTIONS 

You  warrant  and  agree  that  you  will  at  all  times  comply 
with all Applicable Laws; and that your card and services 
are at all times subject to Applicable Laws. Further, you 
agree  and  warrant  that  your  Credit  Card,  other  access 
device or any related account will not be used to make or 
facilitate  any  illegal  transaction(s)  as  determined  by 
applicable law; and that any such use, including any such 
authorized use, will constitute  an event of default under 
this Agreement. Certain federal and/or state laws or Card 
Service  Providers’  Rules  may  limit  or  prohibit  certain 
transactions such as (but not limited to) those coded as 
possible  gambling  transactions.  The  Credit  Union  may 
decline to accept, process or pay any transaction that we 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

believe  to  be  illegal  or  unenforceable  (regarding  your 
obligation to pay us or otherwise) under applicable law; or 
which is otherwise limited or prohibited, including but not 
limited  to  any  transaction  involving  or  relating  to  any 
gambling  activity.  Such  prohibition  or  limitations  may 
affect  some  otherwise  proper  or  allowable  transactions 
such  as  charges 
incurred  at  a  hotel-casino.  You 
understand  and  agree  such  limitations/prohibitions  are 
not  within  the  Credit  Union’s  control  and  that  the  Credit 
Union will not have any liability, responsibility or culpability 
whatsoever  for  any  such  use  by  you  or  any  authorized 
user(s);  or  for  declining  to  accept,  process,  or  pay  any 
such transaction. You further agree to indemnify and hold 
the  Credit  Union  harmless  from  any  suits,  liability, 
damages or adverse action of any kind that results directly 
or  indirectly  from  any  such  use  of  your  account  and/or 
access devices. 

33.  SKIP PAYMENT OPTION 

At  our  option,  we  may  offer  you  the  opportunity  to  not 
make  ("skip")  a  minimum  payment  during  certain 
designated  billing  cycles  ("skip  payment  period").  If  you 
do not make your minimum payments as provided in this 
Agreement,  during  such  designated  billing  cycles,  you 
understand that we will continue to apply finance charges 
to your account. Beginning with the billing cycle following 
an  allowed  skip  payment  period,  all  other  provisions  of 
this  Agreement  will  apply.  We  have  no  obligation  to 
accept  your  application  for  any  skip  payment  period 
offered,  and  you  authorize  us  to  investigate  your 
creditworthiness  including  obtaining  consumer  credit 
reports.  We  may  charge  you  an  application  processing 
fee of up to $35.00 for each skip payment period that we 
may  offer  to  cover  our  costs  of  investigating  your 
qualifications for this extension including but not limited to 
the 
your 
costs 
creditworthiness. 

associated  with 

researching 

34. VISA ACCOUNT UPDATER (VAU) 

VAU is an account updating service in which your card is 
automatically enrolled. When your card(s) expire, are lost 
or  stolen  and  new  cards  are  issued,  the  service  may 
update relevant card data (card numbers and expiration 
dates)  to  appropriate  merchants  who  participate  in  an 
effort  to  facilitate  uninterrupted  processing  of  your 
recurring charges. This service provides updates to a Visa 
database  only.  The  database  is  accessed  by  those 
qualified  merchants  seeking  your  account  information 
after  you  have  requested  they  process  a  recurring 
payment or payments. This service is provided as a free 
benefit  to  you.  If  at  any  time  you  wish  to  opt-out  of  the 
VAU  service  or  if  you  have  any  questions,  please  call 
1.800.763.8600 to do so. 

OUR BILLING RIGHTS STATEMENT 
KEEP THIS NOTICE FOR FUTURE USE 

00029 
Rev. 06.03.2022 
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This  Notice  contains  important  information  about  your 
rights and our responsibilities under the Fair Credit Billing 
Act. 

NOTIFY  US  IN  CASE  OF  ERRORS  OR  QUESTIONS 
ABOUT YOUR STATEMENT / BILLING AT: 

SAFE Federal Credit Union 
Post Office Box 31112 
Tampa, FL 33631-3112 

If you think your statement is wrong, or if you need more 
information  about  a  transaction  on  your  statement,  you 
must  write  to  us  on  a  separate  sheet  of  paper  to  the 
address  listed  in  your  periodic  statement.  You  should 
write to us as soon as possible. We must hear from you 
no later than 60 days after we sent you the first statement 
on  which  the  error  or  problem  appeared.  You  can 
telephone us, but doing so will not preserve your rights. In 
your letter, you should give us the following information: 

•  Your name and account number. 
•  The dollar amount of the suspected error. 
•  Describe the error and explain, if you can, why 

• 

you believe there is an error. 
If you need more information, describe the item 
you are not sure about. 

If  you  have  authorized  us  to  pay  your  credit  card  bill 
automatically  from  your  SAFE  Federal  Credit  Union 
savings  or  checking  account,  you  can  stop  payment  on 
any amount you think is wrong. To stop the payment, your 
letter  must  reach  us  three  (3)  business  days  before  the 
automatic payment is scheduled to occur. 

YOUR RIGHTS AND OUR RESPONSIBILITIES AFTER 
WE RECEIVE YOUR WRITTEN NOTICE: 

We must acknowledge your letter within 30 days, unless 
we have corrected the error by then. Within 90 days, we 
must either correct the error or explain why we believe the 
bill was correct. 

After we receive your letter, we cannot try to collect any 
amount you question, or report you as delinquent. We can 
continue to bill you for the amount you question, including 
FINANCE  CHARGES,  and  we  can  apply  any  unpaid 
amount against your credit limit. You do not have to pay 
any  questioned  amount  while  we  are  investigating,  but 
you are still obligated to pay the parts of the bill that are 
not in question. 

If we find that we made a mistake on your statement, you 
will not have to pay the FINANCE CHARGES related to 
any questioned amount. If we didn’t make a mistake, you 
may  have  to  pay  FINANCES  CHARGES,  and  you  will 
have to make up any missed payments on the questioned 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

amount. In either case, we will send you a statement of 
the amount you owe us and the date that it is due. 

If you fail to pay the amount we think you owe us, we may 
report  you  as  delinquent.  However,  if  our  explanation 
does not satisfy you and you write us within 10 days telling 
us  that  you  still  refuse  to  pay,  we  must  tell  anyone  we 
report  you  to  that  you  have  a  question  about  your 
statement. And, we must tell you the name of anyone we 
reported you to. We must tell anyone we report you to that 
the matter has been settled between you and us when it 
finally is. If we don’t follow these rules, we can’t collect the 
first  $50.00  of  the  questioned  amount,  even  if  the 
statement was correct. 

SPECIAL RULE FOR CREDIT CARD PURCHASES: 

If  you  have  a  problem  with  the  quality  of  property  or 
services that you purchased with a credit card, and you 
have  tried  in  good  faith  to  correct  the  problem  with  the 
merchant, you may have the right not to pay the remaining 
amount  due  on  the  property  or  services.  There  are  two 
limitations on this right: 

1. 

2. 
3. 

You must have made the purchases in your home 
state or, if not within your home state, within 100 
miles of your current mailing address; and 
The purchase must have been more than $50.00. 
These  limitations  do  not  apply  if  we  own  or 
operate  the  merchant,  or  if  we  mailed  you  the 
advertisement for the property or services. 

If you feel that you need Counseling or Debt Management 
services,  please  contact  Consumer  Credit  Counseling 
Service  toll  free  at  1.800.251.2227  or  visit  them  on  the 
web  at  www.cccsinc.org.  You  may  also  visit 
www.frbatlanta.org  for  a  list  of  Counseling  and  Debt 
Management Services. 

CONTACT INFORMATION 

24 Hour Cardholder Service: 
Call: 1.855.556.1963 

To Report a Lost or Stolen Visa Card After Hours 
Call: 1.800.449.7728 
Outside the US 727.299.2449 (Collect) 

SAFE Federal Credit Union Visa Department: 
PO Box 2008 
Sumter, SC 29151-2008 
803.469.8600 
Toll Free 1.800.763.8600 

Payment Address: 
PO Box 71050 
Charlotte, NC 28272-1050 

To Close the Account: 

00029 
Rev. 06.03.2022 
Page 11 of 12 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(SEND WRITTEN NOTICE) 
SAFE Federal Credit Union 
P.O. Box 2008 
Sumter, SC 29151-2008 

Direct All Other Reports, Requests and Inquiries to: 
PO Box 2008 
Sumter, SC 29151-2008 
803.469.8600 
1.800.763.8600 

SAFE Federal Credit Union 
P.O. Box 2008, Sumter SC 29151-2008 
1.800.763.8600 
803.469.8600 

00029 
Rev. 06.03.2022 
Page 12 of 12