VISA CREDIT CARD
DISCLOSURE AND AGREEMENT
In  this  Agreement  the  words  “you”  and  “your”  mean  each  and  all  of 
those: (a) whose names appear on a Card or Statement or who uses 
this  Account  or  (b)  who  otherwise agree to be liable on the Account. 
Card means the VISA Classic, Gold, Secured, Equity Reserve Gold, or 
VISA Business Card and any duplicates and renewals the Credit Union 
issues. Account means your VISA Credit Card Account with the Credit 
Union.  The  terms  “we”,  “us”,  “our”    and  “Credit  Union”  mean  Honda 
Federal Credit Union.
OBLIGATION: By applying and receiving, signing, using or authorizing 
another to sign or use the Card and/or Account issued by Honda Federal 
Credit Union, you agree to the following terms and conditions and any 
subsequent amendments.
SIGNATURE: You should sign the back of your Card as soon as you 
receive it to help protect your Account from unauthorized use. However, 
your liability does not depend on whether you sign your Card.
MAXIMUM CREDIT LIMIT: You have applied to us for a VISA Credit 
Card  Account.  The  loans  which  the  Credit  Union  may  extend  to  you 
under  this  Account  shall  at  no  time  exceed  the  assigned  credit  limits 
hereinafter referred to as the maximum “Credit Limit” disclosed to you 
on the enclosed “VISA Credit Card Acceptance Letter” and incorporated 
herein by reference. You agree that we may change this Credit Limit at 
any time and we will notify you of any such change.
USING YOUR ACCOUNT:  Four (4) types of credit are available to you 
under your Account.

1. Purchases:  You  may  use  your  Card  and/or  Account  to  pay  for 

goods and services at participating VISA Card merchants.

2. Cash Advances: You may use your Card to obtain cash from a par-
ticipating VISA financial institution or from an authorized Automated 
Teller Machine (ATM) along with a Personal Identification Number 
(PIN)  issued  by  us  or  selected  by  you,  or  by  use  of  VISA 
Convenience  Checks.  You  may  also  use  the  VISA  Convenience 
Checks for any legal purpose.

3. Balance Transfer (Excluding VISA Business Card): You may transfer 

balances to your account from other creditors.
4. Regular Checking Account Overdraft Protection.

Your Card, Checks and/or Account may not be used directly or indi-
rectly  for:  (1)  any  illegal  activity  or  transaction;  or  (2)  any  gambling, 
gaming, betting or similar activity or transaction. Further, you may not 
utilize your Card and/or Account for the purchase of any goods or ser-
vices on the Internet that involve gambling, gaming, betting or any similar 
transaction or activity. Such transactions include, but may not be limited 
to, any quasi-cash or online gambling transaction,  any  electronic  com-
merce  transaction  conducted  over  an  open  network,  and  any  betting 
transaction  including  the  purchase  of  lottery  tickets  or  casino  gaming 
chips/checks or off-track betting or wagering. However, in the event that 
a  charge  or  transaction  described  in  this  paragraph  is  approved  and 
processed, you will still be responsible for such charges.
OVERDRAFT PROTECTION (EXCLUDING VISA BUSINESS CARD): 
We  may  transfer  funds  in  multiples  of  $50  (or  in  such  increments  as 
we may from time to time determine) to your Checking Account by an 
advance  on  your  VISA  Account,  subject  to  this  provision,  to  clear  any 
Overdraft  on  your  Checking  Account.  Whether  or  not  such  transfers 
occur  will  be  controlled  by  this  Agreement.  In  any  event,  you  hold  us 
harmless for any and all liability which might otherwise arise if the transfer 
does not occur. The Credit Union shall not be liable or responsible for any 
claims or disputes with regard to purchases made by using a share draft. 
Overdraft protection automatically ceases if this Agreement is ever can-
celled or terminated or your Account is in default. The Credit Union, how-
ever, is under no obligation to make a transfer to cover an overdraft.

REQUEST  FOR  LOAN  /  CREDIT  LIMIT:  You  agree  that  each  use 
of  a  Card  or  Convenience  Check  constitutes  a  loan.    You  agree  not 
to  exceed  the  approved  Credit  Limit  under  this  Agreement.  You  may 
request  an  increase  in  your  Credit  Limit,  but  Credit  Limit  increases 
must be approved by us. At the request of the Credit Union, you agree 
to  return  to  the  Credit  Union  your  Card  and/or  Convenience  Checks. 
You are  responsible for safekeeping of the Card and/or Convenience 
Checks.
CREDIT INFORMATION: You agree that we may re-examine and re-
evaluate your creditworthiness at any time. You authorize us to obtain 
from  time  to  time,  information  from  others,  such  as  creditors  and 
credit  reporting  agencies,  concerning  you  and  your  credit  accounts 
with them. You also authorize us to respond from time to time to requests 
from creditors and credit bureaus regarding the status and history of your 
account to the extent authorized by law.
The Credit Union may report information about your loan account to credit 
bureaus. Late payments, missed payments, or other defaults on your loan 
account may be reflected in your credit report.
CONVENIENCE  CHECKS  (EXCLUDING  VISA  BUSINESS  CARD): 
You  may  access  your  Account  by  utilizing  the  VISA  Convenience 
Checks that are provided to you.

1. We will honor and pay Checks up to your available Credit Limit as 
long as they are drawn on forms authorized by us and presented 
before the expiration date on the Check.

2. To stop payment on a Check, you must call us at (800) 634-6632 
during our business hours with the following information: the exact 
dollar amount of the Check; the Check number; your Account num-
ber; the name of the party to whom the Check was written and the 
name of the person who signed the Check.
We will stop payment on the Check if we receive your stop payment 
request  by  the  business  day  before  the  day  we  pay  your  Check. 
The day we pay the check may be before it posts to your account. 
The stop payment order will remain effective for 6 months. You may 
write to us to cancel the order at any time.

3. If a Card is reported lost or stolen, the Checks are null and void.
4. You agree to hold us harmless and to indemnify us from any liability 
incurred due to a delay or misrouting of a Check where the delay or 
misrouting is caused by markings placed on the Check by you or a 
prior endorser that obscure any depository endorsement placed by 
us or our agent.

5. For  the  purpose  of  calculating  Interest  Charges,  Checks  are  the 

same as Cash Advances.

6. Credit  Union  may  recognize  the  signature  of  anyone  who  signed 
the credit application for the Account as authorized to transact any 
business on this account including signing of Checks.

7. Checks  may  not  be  used  to  pay  any  amount  you  owe  under  this 
Agreement  or  under  any  other  credit  agreement  or  account  you 
hold with us.

8. We do not have to pay a Check if: (a) you are in default under this 
or  any  other  Agreement  with  us,  (b)  if  payment  would  cause  you 
to exceed your Credit Limit, (c) if your right to use Checks on your 
Account  is  cancelled,  closed  or  suspended,  (d)  your  signature  or 
the payee’s name or endorsement is missing on the check or the 
check  appears  altered,  or  (e)  your  check  is  post-dated.  If  a  post-
dated  check  is  paid  resulting  in  another  check  being  returned  or 
not  paid  we  are  not  responsible.  If  we  pay  any  check  under  any 
condition, you must pay us the amount of the check plus applicable 
fees and charges unless such liability is precluded by law.

INTEREST CHARGE: The Daily Periodic Rate used in calculating the 
daily  Periodic  INTEREST  CHARGE  (and  the  corresponding  ANNUAL 
PERCENTAGE RATE) are disclosed on the enclosed VISA Credit Card 

Acceptance  Letter  the  terms  of  which  are  incorporated  herein  by  this 
reference.
HOW TO COMPUTE THE PURCHASE TRANSACTIONS (RELATED 
TO PURCHASES OF PROPERTY AND SERVICES) UPON WHICH 
INTEREST  CHARGES  ARE  ASSESSED 
(EXCLUDING  VISA 
BUSINESS CARD)
GRACE  PERIOD  /  AVERAGE  DAILY  BALANCE  (INCLUDING 
NEW  PURCHASES):  To  avoid  incurring  an  additional  INTEREST 
CHARGE  on  the balance of Credit Purchases reflected on the state-
ment and on any new Credit Purchases appearing on your next state-
ment, you must pay the New Balance shown on the statement within 
25  days  of  your  Statement  closing  date.  The  INTEREST  CHARGES 
for a billing cycle are computed by applying the daily Periodic Rate to 
the  average  daily  balance  of  Credit  Purchases  which  is  determined 
by dividing the sum of the daily balances during the billing cycle by the 
number of days in the cycle. Each daily balance is determined by adding 
to the Previous Balance of Credit Purchases any new Credit Purchases 
posted to your account and subtracting any payments as received and 
credits as posted to your account, but excluding any unpaid INTEREST 
CHARGES.
This determines your total Interest Charge for the billing cycle. Actual 
Interest Charges will be shown on your Periodic Statement.
HOW  TO  COMPUTE  THE  CASH  ADVANCES,  BALANCE 
TRANSFERS, AND CONVENIENCE CHECK TRANSACTIONS UPON 
WHICH INTEREST CHARGES ARE ASSESSED (EXCLUDING VISA 
BUSINESS CARD)
AVERAGE  DAILY  BALANCE  (INCLUDING  NEW  ADVANCES):  To 
avoid  incurring  an  additional  INTEREST  CHARGE  on  the  balance  of 
Cash  Advances  reflected  on  the  statement,  you  must  pay  the  Cash 
Advance Balance shown on the statement on or before the Statement 
Cut-off  Date.  The  INTEREST  CHARGES  for  a  billing  cycle  are  com-
puted by applying the daily Periodic Rate to the average daily balance of 
Cash Advances which is determined by dividing the sum of the daily bal-
ances during the billing cycle by the number of days in the cycle. Each 
daily balance of Cash Advances is determined by adding to the Previous 
Balance of Cash Advances any new Cash Advances as of the transac-
tion date or the first day of the billing cycle in which posted, whichever is 
later and subtracting any payments as received and credits as posted to 
your account, but excluding any unpaid INTEREST CHARGES.
This determines your total Interest Charge for the billing cycle. Actual 
Interest Charges will be shown on your periodic statement.
VISA Gold Accounts are subject to an Introductory Rate for the six-month 
period immediately following the date that your VISA Gold Account is 
established, during which time the Daily Periodic Rate that will apply to 
VISA  Gold  transactions  and  corresponding  ANNUAL  PERCENTAGE 
RATE is as disclosed on the VISA Credit Card Acceptance Letter. On 
the expiration of the Introductory Rate period, the Daily Periodic Rate 
applicable to the balance existing at that time and in the future and the 
corresponding  ANNUAL  PERCENTAGE  RATE  is  as  disclosed  on  the 
VISA Credit Card Acceptance Letter.
For the applicable Daily Periodic Rates for VISA Classic, Secured 
VISA  Classic and  Equity  Reserve  Gold,  refer  to  the  separate  page  titled 
VISA Credit Card Acceptance Letter, which we have included with and 
made a part of this Agreement.
VISA BUSINESS CARD INTEREST CHARGES: None.
CHANGE OF TERMS:  This Agreement is the contract which applies 
to  all  transactions  on  your  Account  even  though  the  sales,  Cash 
Advance, credit or other slips you sign or receive may contain different 
terms. You understand that, in accordance with applicable law, we may 
amend, modify, add to, or delete from this Agreement any of its terms 
and conditions, including the method of application and the amount of 
Interest Charge. Such changes shall be effective as to any subsequent 

advances  and,  where  permitted  by  applicable  law,  as  to  any  unpaid 
balance outstanding. You also understand that any such notice will be 
mailed in advance to you, as and where required by applicable law.
REPAYMENT  (EXCLUDING  VISA  BUSINESS  CARD):  You  promise 
to  pay  all  amounts  due  on  your  Account.  You  agree  to  pay  us  each 
month  a  Minimum  Monthly  Payment  plus  any  payment  past  due  and/
or  any  Late  Charges.  The  Minimum  Monthly  Payment  on  Classic, 
Gold,  and  Secured  VISA Credit  Cards  will  be  3%  of  the  outstanding 
balance  or  $25.00,  whichever  is  greater.  You  may  at  any  time  pay 
your  total  indebtedness  without  penalty.  We  must  receive  your 
payment  and  the  remittance  stub  on  or  before  the  Due  Date,  in 
accordance with statement instructions, in order for your Account to be 
credited  by  the  Due  Date.  All  payments  shall  be  in  U.S.  dollars  by  a 
check drawn on or a money order issued by a U.S. financial institution, 
naming  us  as  payee.  You  must  not  send  cash.  In  accordance  with 
applicable law, we will choose the order in which any payment will be 
applied to your indebtedness to us at the time the pay-ment is made. 

REPAYMENT VISA BUSINESS CARD: VISA Business Card Minimum 
Monthly Payments will be an amount equal to your entire outstanding 
balance shown on your statement.
ALLOCATION OF PAYMENTS: We will determine, subject to applica-
ble law, the order in which payments will be applied toward Purchases, 
Cash Advances, Balance Transfers, unpaid Interest Charges and Other 
Fees  and  Charges.  We  will  credit  payments  to  your  account  so  as  to 
avoid  additional  Interest  or  other  charges,  but  we  reserve  the  right  to 
delay reinstatement of your credit line for a reasonable period of time to 
authenticate settlement of funds.
PREPAYMENT OR IRREGULAR PAYMENTS: Though you need only 
pay the Minimum Payment Due, you understand that you have the right 
to repay your Account at any time without penalty. You also understand 
and  agree  that  you  will  only  be  charged  Interest  Charges  to  the  date 
you pay your entire Account. You may make larger payments without 
penalty and this may reduce the total amount of Interest Charges that 
you will pay. Any partial payment of your Account will not advance your 
next Due Date(s). You understand and agree that any payment that (a) 
delays or (b) accelerates the repayment of your unpaid balance will (a) 
increase or (b) decrease your monthly Interest Charge.
TERMINATION OF CREDIT EXTENDED AND ACCELERATION OF 
REPAYMENT/DEFAULT  AND  COLLECTION  COSTS:    You  under-
stand that your line of credit loan under this Agreement may be termi-
nated under any of the following conditions, and you will be in default:

1.  Upon your failure to make any of the payments when due or in the 
proper amount(s) under this Agreement, or pursuant to any other 
loan agreement with the Credit Union.

2.  If  you  fail  to  live  up  to  any  of  the  terms  of  this  Disclosure  and 

Agreement.

3.  If your creditworthiness is impaired.
4.  If  you  die,  become  insolvent  or  are  the  subject  of  bankruptcy  or 

receivership proceedings.

5.  If you have made or do make any false or misleading statements in 

furnishing financial and other information to us.

6.  If  you  fail  to  provide  us  with  a  current  credit  application  when 

requested.

Upon the occurrence of any of the foregoing conditions and/or in the 
event of any action by us to enforce this Disclosure and Agreement, 
you understand and agree that all credit shall immediately terminate 
and  we  may  demand  immediate  payment  of  the  unpaid  balance, 
Interest Charges, Late Charges and collection costs. You understand 
and agree that you will be subject to Interest Charges (at the appli-
cable Daily Periodic Rate), Late Charges and collection costs under 

the terms disclosed in this Disclosure and Agreement, until you repay 
the  entire  loan.  You  also  agree  to  pay  reasonable  attorney’s  fees, 
court  costs  and  other  expenses.  If  you  terminate  the  account,  you 
will remain liable to us for use of the Card and/or the Account until all 
Cards are returned to us and the balance is paid in full.
CLOSING YOUR ACCOUNT: You may close your Account by notifying 
us. We may close your Account or suspend your credit privileges at any 
time without prior notice except as required by law for any legal reason. 
You will stop using your Account and destroy all Cards and Checks on 
your Account. All Liable Parties’ liability will apply to all balances and 
transactions made on the Account even if they are made or processed 
after the date the Account is closed.
If we receive a request from any Liable Party to remove another Liable 
Party  from  the  Account,  we  may  honor  or  refuse  the  request  without 
prior notice.
CROSS  DEFAULT:    You  understand  and  agree  that  your  breach  or 
default  of  the  terms  and  conditions  of  this  Agreement  for  your  Card 
shall  also  be  deemed  to  be  a  default  of  any  and  all  other  loans  you 
now have with us or obtain in the future with us.  Further, you under-
stand and agree that your breach or default of the terms and condi-
tions of any other loan you now have with us or obtain in the future 
with us shall be deemed to be a default of the terms and conditions 
of  the  Agreement  for  this  VISA  Credit  Card  Account.    This  “Cross 
Default”  Agreement  shall  not  apply  to  any  loans  secured  by  real 
property, property used as your dwelling or where otherwise prohibited 
by Federal or State Law or Regulation.
UNAUTHORIZED TRANSACTIONS:  You will have no liability (“Zero 
Liability”) for unauthorized transactions with your VISA Credit Card that 
are processed through VISA. Zero Liability will NOT apply to a transac-
tion  at  an  ATM  that  is  not  processed  through  VISA  (such  as  a  cash 
withdrawal from your Checking Account). You must refer to the Credit 
Union’s Electronic Services Disclosure and Agreement for your liability 
for unauthorized ATM transactions. Zero Liability also will not apply to 
VISA Credit Cards issued outside the U.S. or to commercial cards. You 
must provide a written statement regarding any claim of unauthorized 
VISA transactions.
If  you  notify  us  of  unauthorized  transactions  which  were  processed 
through  VISA  (this  does  not  include  cash  disbursements  at  an  ATM 
using  your  VISA  Credit  Card),  we  will  provide  a  provisional  credit  to 
your account within five (5) business days of the notification. If you tell 
us orally, we will require that you send us your complaint in writing within 
ten (10) business days. We will not credit your account until your written 
complaint is received.
“Unauthorized” means the use of your VISA Credit Card 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.
ELECTRONIC  FUND  TRANSFER:    In  the  event  a  use  of  your  Card, 
or the Account constitutes an Electronic Fund Transfer, the terms and 
conditions of your Electronic Services Disclosure and Agreement with 
us shall govern such transactions to the extent the Electronic Services 
Disclosure and Agreement expands or amends this Agreement.
RESPONSIBILITY  OF  BORROWER:  You  agree  not  to  consummate 
any  consumer  credit  transaction  under  this  Agreement  upon  know-
ing  that  credit  privilege  under    this    Account    has    been  terminated 
or  suspended.  You  agree  to  repay  us  according  to  the  terms  of  this 
Agreement  and  Disclosure  Statement  for  all  purchases,  advances, 
Interest Charges, and Late Charges, if any, arising from the use of the 
Account by you or any other person you permit to use the Account, even 
if that person exceeds your permission. You cannot disclaim responsi-
bility by notifying us, although we will close the Account if you so request 
and you will return all Cards to us. Your obligation to pay the Account 
balance continues even though an agreement, divorce decree or other 

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court judgement to which we are not a party may direct you or one of 
the other persons responsible to pay the Account. Any person using the 
Account  and/or  Card  is  jointly  and  severally  responsible  with  you  for 
charges he or she makes, plus any Interest Charges, Other Fees and 
Charges and expenses provided in this Agreement and related to such 
transactions, but if that person: (1) signs the Card or (2) if his/her name 
appears on a statement or (3) if he or she has agreed to be liable (even 
if his/her name does not appear on a statement) he or she becomes a 
party to this Agreement and is also responsible for all charges on the 
Account, including yours.  In each case described above, that person 
and you will be individually and jointly liable (“Liable Party(ies)”) for all 
credit extended on the Account (other than for Unauthorized Charges) 
including any Interest Charges, Late Charges, Other Fees and Charges, 
and expenses as provided in this Agreement. If you are an Authorized 
User (as defined below), your liability does not relieve any Liable Party 
under  this  Agreement  from  liability  for  the  Authorized  User’s  transac-
tions  until  paid  in  full.  The  Cards  remain  our  property  and  you  must 
recover  and  surrender  to  us  all  Cards  upon  our  request  and/or  upon 
termination of this Account.
AUTHORIZED  USERS  (EXCLUDING  VISA  BUSINESS  CARD):  You 
may allow Authorized Users on your Account by notifying us that you 
want  someone  added  to  your  Account  as  an  Authorized  User,  or  by 
lending your Card or Account Number to another, or by any other ways 
in  which  you  would  be  legally  considered  to  have  allowed  another  to 
use your Account.
FOREIGN  TRANSACTIONS  AND  CHARGES:  Purchases  and  cash 
advances made in foreign currencies will be billed in U.S. dollars. The 
conversion  rate  in  U.S.  dollars  will  be  either  at  the  government  man-
dated rate or a wholesale currency market rate determined by VISA® for 
the processing cycle in which the transaction is processed.
The  conversion  rate  selected  by  VISA® will  not  be  increased  by  an 
adjustment  factor.  However,  a  separate  VISA  International  Service 
Assessment Fee of 1% is charged to the Credit Union, passed on and 
payable  by  you  and  will  be  included  in  the  transaction  amount 
referenced in your statement.
The currency conversion rate used by VISA® on the processing date 
may  differ  from  the  rate  that  would  have  been  used  on  the  purchase 
date  or  cardholder  statement  posting  date.  The  Credit  Union  has  no 
control over the conversion rate.
CREDIT  BALANCES:  Credit  balances  created  by  payments,  credit 
adjustments, and merchant refunds, will be transferred to the Savings 
Account of the Primary Cardholder.
OTHER CHARGES: The following Other Charges will be added to your 
account, as applicable:
a) ANNUAL FEE: None
b) LATE CHARGE (EXCEPT FOR VISA BUSINESS CARD): $25 for 
the first late payment; $35 for every subsequent late payment in a 
six-month period. 

c) VISA BUSINESS CARD LATE CHARGE: If your payment is more 
than 60 days late, you will be charged 1.00% of the unpaid balance, 
subject to a minimum of $10.

The Credit Union reserves the right to close the account at anytime.
Please  see  the  Credit  Union’s  Schedule  of  Fees  and  Charges,  which 
is  incorporated  herein  by  reference,  for  additional  fees  and  charges 
that may apply.
LOST  OR  STOLEN  CARDS  AND  CHECKS:    You  will  notify  us 
AT  ONCE  if  you  believe  that  the  Card,  Convenience  Check, 
Account  number,  PIN  or  any  combination  of  the  four  has  been 
lost  or  stolen  or  if  you  think  your  Account  is  being  used  with-
out  your  permission,  by  immediately  calling  us  at  (800)  634-6632  
24 hours a day, 7 days a week.

PAYMENTS  MARKED  “PAID  IN  FULL”:    We  may  accept  checks, 
money  orders,  or  other  types  of  payment  marked  “payment  in  full”  or 
use  other  language  to  indicate  full  satisfaction  of  any  indebtedness, 
without being bound by such language or waiving any rights under this 
Agreement.  Full  satisfaction  of  indebtedness  shall  be  accepted  by  us 
only in a written agreement, signed by an authorized representative.
DELAY  IN  ENFORCEMENT  /  ENFORCEABILITY:    We  can  delay 
enforcing any of our rights under this Agreement without losing them. 
If any terms of this Agreement are found to be unenforceable, all other 
provisions will remain in full force.
GOVERNING  LAW:    You  understand  and  agree  that  this  Agreement 
is  made  in  California  and  shall  be  governed  by  the  laws  of  the  State 
of  California  to  the  extent  that  California  law  is  not  inconsistent  with 
controlling Federal law. You also understand that California’s choice of 
law rules shall not be applied if they would result in the application of 
non-California law. If any part of this Agreement is held to be not valid, 
all other parts will remain enforceable.
INTEGRATED DOCUMENT(S):  Any separate sheet of paper labeled 
“VISA Credit Card Acceptance Letter,” “VISA Business Card Acceptance 
Letter,”  “VISA  Credit  Card  Agreement,”  “Share  Secured  Credit  Card 
Agreement,”  and/or  VISA  Credit  Limit  Increase  Agreement  which  is 
delivered  together  with  this  Agreement  is  an  integrated  part  of  this 
Agreement.
TELEPHONE MONITORING:  We may listen to and record telephone 
calls between you and us to monitor and improve the quality of service 
you receive.
CHANGE OF PERSONAL INFORMATION: You must notify us immedi-
ately if you change your name, address, or home or business telephone 
number. All written notices and statements from us to you will be consid-
ered given when placed in the United States mail, postage prepaid, and 
addressed to you at your current address as it appears in our records.
MEMBER ADVANTAGE POINTS PROGRAM (FOR GOLD AND VISA 
BUSINESS CARDS ONLY): The Credit Union may offer a program by 
which  members  accumulate  points  for  dollars  purchased.  Points  may 
be  redeemed  for  selected  merchandise,  travel,  gift  cards  and/or  cash 
back. We have the right to alter/terminate this program at any time.
MERCHANT  DISPUTES:  The  Credit  Union  is  not  responsible  for  the 
refusal of any merchant or financial institution to honor the Card. 
TRANSFER  OF  ACCOUNT:  You  cannot  transfer  or  assign  your 
Account to any other person.
TRANSACTIONS WITH MERCHANTS
RETURN POLICY: If a merchant discloses a policy such as “no returns”, 
“no  refund”,  “no  return  or  credit  without  receipt”,  “as  is”,  “store  credit 
only”, or “all sales final”, you will be bound by that policy when you use 
your Account to buy goods or services from that merchant.
RESERVATIONS: When using your Account to make travel or lodg-
ing  reservations, obtain the merchant’s cancellation policy and follow it 
if you cancel. If you cancel, obtain the merchant’s cancellation number 
that  it  is  required  to  give  you.  The  merchant  may  charge  you  for  a 
cancelled  transaction  unless  you  can  provide  us  with  the  merchant’s 
cancellation.
RECURRING TRANSACTIONS: If you authorize a merchant to charge 
your Account for repeat transactions without your Card, you must notify 
the merchant when you want to discontinue the recurring transactions or 
if your Account is closed or a new Account number is issued by us.
DISPUTE  ASSISTANCE:  If  you  disagree  with  a  transaction  on  your 
Statement  or  have  a  dispute  with  the  merchant  as  a  result  of  the 
transaction,  you  will  provide  information  or  assistance we  reasonably 
request. Otherwise you will pay us for any resulting loss we have unless 
we are prohibited by applicable law from holding you liable for our loss. 
See a summary of Your Billing Rights on Panels 8 and 9.

PLEDGE OF SHARE ACCOUNT(S)—NOTE: In consideration of 
and as a condition for the Credit Union opening a VISA Credit 
Card account in your name and issuing a VISA Credit Card to 
you, you have agreed to a Pledge of Shares. You pledge to us 
and grant a security interest in all individual and joint accounts 
you have with us now and in the future, to secure your VISA 
Credit  Card  Account  and  all  payments,  interest,  late  charges 
and costs or expenses hereunder. You authorize us to apply the 
balance in these account(s) to pay any amounts due under this 
Agreement if you should default. This Pledge of Shares does 
not apply to shares held in IRA and Keogh accounts.

SHARE  SECURED  VISA:  As  collateral  for  amounts  you  may 
request  to  be  advanced  from  time  to  time  pursuant  to  this  VISA 
Credit  Card  Disclosure  and  Agreement,  you  pledge  and  grant  to 
the Credit Union a lien on your deposits of 100% of your maximum 
credit  limit  in  your  designated  Share  Account  as  indicated  on  the 
“Share  Secured  Credit  Card  Agreement”.  If  you  are  in  default 
under  this  Agreement,  the  Credit  Union  may  take  sums  from  the 
designated  Share  Account  and  Spouse/Joint  Applicant  Share 
Account  (if  applicable)  as  set  forth  on  the  Share  Secured  Credit 
Card Agreement in payment on any amounts owed to the Credit 
Union by you. If the amounts pledged are not sufficient to pay off 
all amounts owed to the Credit Union you agree and acknowledge 
that  you  will  be  responsible  for  any  and  all  deficiencies  including 
any fees, charges and costs, including without limitation reasonable 
attorney fees and costs which may have been incurred by the Credit 
Union as a result of your default. 

YOUR  BILLING  RIGHTS  –  KEEP  THIS  DOCUMENT  FOR  FUTURE 
USE

This notice tells you about your rights and our responsibilities under the 
Fair Credit Billing Act.

WHAT  TO  DO  IF  YOU  FIND  A  MISTAKE  ON  YOUR  STATEMENT 
If you think there is an error on your statement, write to us at: Honda 
Federal  Credit  Union,  19701  Hamilton  Ave.,  Suite  130,  Torrance,  CA 
90502-1352. You may also contact us on the web: www.hondafcu.org.

In your letter, give us the following information:

•  Account Information: Your name and Account number.
•  Dollar amount: The dollar amount of the suspected error.
•  Description of problem: If you think there is an error on your bill, 
describe  what  you  believe  is  wrong  and  why  you  believe  it  is  a 
mistake.
You must contact us:

•  Within 60 days after the error appeared on your statement.
•  At least 3 business days before an automated payment is sched-
uled,  if  you  want  to  stop  payment  on  the  amount  you  think  is 
wrong.

You must notify us of any potential errors in writing or electronically. 
You may call us, but if you do we are not required to investigate any 
potential errors and you may have to pay the amount in question.

WHAT WILL HAPPEN AFTER WE RECEIVE YOUR LETTER

When we receive your letter, we must do two things:

1. Within  30  days  of  receiving  your  letter,  we  must  tell  you  that  we 
received your letter. We will also tell you if we have already cor-
rected 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  hap-
pen:
1.  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.

2.  If we do not believe there was a mistake: You will have 
to pay the amount in question, along with applicable inter-
est 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 orga-
nizations know when the matter has been settled between us. If we do 
not follow all of the rules above, you do not have to pay the first $50 of 
the amount 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  pur-
chased with your credit card, and you have tried in good faith to correct 
the problem with the merchant, you may have the right not to pay the 
remaining amount due on the purchase. To use this right, all of the fol-
lowing must be true:

1.  The purchase must have been made in your home state or within 
100 miles of your current mailing address, and the purchase price 
must have been more than $50. (Note: Neither of these are neces-
sary if your purchase was based on an advertisement we mailed 
to you, or if we own the company that sold you the goods or ser-
vices.)

2.  You must have used your credit card for the purchase. Purchases 
made  with  cash  advances  from  an  ATM  or  with  a  check  that 
accesses your credit card account do not qualify.

3.  You must not yet have fully paid for the purchase. 

If  all  of  the  criteria  above  are  met  and  you  are  still  dissatisfied 
with  the  purchase,  contact  us  in  writing  or  electronically  at: 
Honda  Federal  Credit  Union,  19701  Hamilton  Ave.,  Suite  130, 
Torrance,  CA  90502-1352.  You  may  also  contact  us  on  the  web:  
www.hondafcu.org.  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.

6

7

8

REV. 9/15

9

(800) 634-6632
www.hondafcu.org

19701 Hamilton Ave., Suite 130
Torrance, California 90502-1352

VISA
CREDIT CARD
DISCLOSURE AND
AGREEMENT

PLEASE KEEP THIS
BROCHURE FOR YOUR
RECORDS

THIS DISCLOSURE SUPERSEDES
ALL DISCLOSURES PRIOR TO THE
EFFECTIVE DATE SHOWN BELOW.

EFFECTIVE SEPTEMBER15,2015