IBM Southeast Employees' Federal Credit Union
P.O. Box 5090
Boca Raton, FL 33431-0890
561.982.4700 • 800.873.5100

TRUTH-IN-LENDING DISCLOSURE
STATEMENT - ACCOUNT OPENING DISCLOSURES

BORROWER 1 NAME

BORROWER 2 NAME

MEMBER NUMBER

DATE

The following disclosure represents important details concerning your credit card. This statement is incorporated into and becomes a part of your Credit
Card Agreement. We reserve the right to periodically review your credit standing and to increase any rate on your new balances, in accordance
with applicable law.

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate (APR) for
Purchases & Cash Advances

APR Balance Transfers

Paying Interest

Your due date is at least 21 days after we mail your billing statement. We will not charge you interest on
purchases if you pay your entire new balance by the due date each month. We will begin charging interest
on cash advances and balance transfers on the transaction date.

Minimum Interest Charge

If you are charged interest, the charge will be no less than _______.

For Credit Card Tips from the
Consumer Financial Protection
Bureau 

FEES:

Fees to Open or Maintain your
Account

- Annual Fee:
- Application Fee:

Transaction Fees

- Balance Transfer:
- Cash Advance:
- Foreign Transaction:

Penalty Fees

- Late Payment:

- Over-the-Credit Limit:
- Returned Payment:

To learn more about factors to consider when applying for or using a credit card, visit the website of the
Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore

None
None

None for Visa Classic; 2% of the amount of each transfer or $5, whichever is greater for Visa Platinum
None for Visa Classic; 2% of the amount of each cash advance or $5, whichever is greater for Visa Platinum*
2% of each cross border transaction in U.S. dollars if the transaction involves a currency conversion
2% of each cross border transaction in U.S. dollars if the transaction does not involve a currency conversion

For Visa Classic: If your payment is late 10 business days or more, up to $25.00
For Visa Platinum: If your payment is late 10 business days or more, up to $25.00 for the first offense and up
to $35.00 each if 2 or more offenses occur within 6 months.
None. We do not approve authorizations that will exceed your credit limit.
None

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See your account agreement for more
details.

Loss of Introductory Rate: We may end your Introductory Rate and apply the Standard APR disclosed above  if you make a late payment.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

*Does not apply to ATM or overdraft cash advances, or Member-initiated cash advance transfers via Online or Telephone Banking.

9010 LASER FPDF FI14763 Rev 10-2013

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COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.

SEE NEXT PAGE for more important information about this account

OTHER IMPORTANT DISCLOSURES:

SECURITY: YOU SPECIFICALLY GRANT US A CONSENSUAL SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE
WITH US NOW AND IN THE FUTURE TO SECURE REPAYMENT OF CREDIT EXTENDED UNDER THIS AGREEMENT. YOU ALSO AGREE THAT
WE HAVE SIMILAR STATUTORY LIEN RIGHTS UNDER STATE AND/OR FEDERAL LAW. THE GRANTING OF THIS SECURITY INTEREST IS A
CONDITION FOR THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT. IF YOU ARE IN DEFAULT, WE CAN APPLY YOUR SHARES TO THE
AMOUNT  YOU  OWE.  ALL  DEBTS ARE  IMMEDIATELY DUE AND  PAYABLE UPON  DEATH. LIEN  RIGHTS  OBTAINED PRIOR  TO  DEATH WILL
CONTINUE  TO  ENCUMBER  YOUR  SHARES  AND  DEPOSITS  AFTER  DEATH,  SUPERSEDING  THE  RIGHTS  OF  ANY  JOINT  OWNERS  OR
BENEFICIARIES. Shares and deposits in an Individual Retirement Account or any other account that would lose special tax treatment under state or
federal law if given are not subject to this security interest.
If you have other loans with us, collateral securing such loans may also secure your obligations under this Agreement, unless that other collateral is your
principal residence or non-purchase money household goods.

*Variable Rates:  The Annual Percentage Rate may increase or decrease if the highest rate of interest identified as the 'Prime Rate' in the 'Money Rates'
column of the Wall Street Journal increases or decreases. The Annual Percentage Rate will be equal to the Prime Rate plus a margin of: __________ %
The interest rate can change monthly on the first day of each month following a change in the Prime Rate. The Annual Percentage Rate will never be more
than 18%. Any increase will lengthen the time it takes to pay off your loan.

Daily Periodic Rates: Introductory Rate:

%; Purchases & Cash Advances:

%; Balance Transfers:

%

Other Fees: In addition to the fees disclosed above, the following fees may be imposed:
Convenience Check Stop Payment Fee: 
Custom “Picture on Card” New Card Fee:
Custom “Picture on Card” Replacement Card Fee: 
Declined Convenience Check Fee:  
Expedited Payment Service Fee:

Extension Fee:
Overnight Delivery Fee (Weekday/Saturday/Holiday):

Personal Identification Number (PIN) Replacement Fee:
Returned Mail Fee (USPS Returns):
Rush PIN Request Fee:
Sales Draft Copy Fee:
Standard Card Replacement Fee:
Statement Copy Fee:

Minimum Payment Requirement:   

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