How  We Will Calculate  Your  Balance:  We 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.  
 
Balance Transfers:  Total value of transfers cannot exceed your credit limit. SECU sends either full or partial 
payment to your creditors in the order you list them. Allow at least two weeks from submitti ng the balance transfer 
request for processing. Continue paying each creditor until the transfer appears as a credit.    
 
Variable  APRs  Based  on Prime:  If any APR is based on the U.S. Prime Rate (�Prime Rate�), the APR will be equal 
the Prime Rate plus an additional amount. If the Prime Rate increases, it will cause the APR to increase. If the Prime 
Rate decreases it will cause the APR to decrease. For each Billing Period we use the Prime Rate published in the 
Wall Street Journal 7 days before the statement  Closing Date. If the Prime Rate causes an APR to change, we put 
the new APR into effect as of the first day of the billing period for which we calculate the APR. We apply the new APR 
to any existing balances, subject to any promotional rate that may apply . If the Wall Street Journal does not publish 
the Prime Rate, we will use a similar published rate. The maximum APR will not exceed 24%.  
 
APR  for Purchases,  Balance  Transfers,  and Cash  Advances:   It equals the prime rate plus 5.74%; plus 6.74%; 
plus 8.74%;  plus 11.74%; or plus 13.74% depending on your credit worthiness.  
 
Effect  of APR  Increases:  If an APR Increases, interest charges increase.  
 
In this agreement, the words �you� and �your� mean each person who has signed the application for the card. �Card� 
means the SECU FirstRate Visa, as the case may be, and any duplicates and renewals we issue. �Account� means 
your VISA Credit Card line of Credit account with us. �We�, �us� and �ours� mean State Employees Credit Union of 
Maryland, Incorporated (SECU).  
IMPORTANT DISCLOSURES FOR ACTIVE MEMBERS OF THE MILITARY AND THEIR DEPENDENTS  
The following applies to members of the military and their dependents if: (a) at the time you open this Account, you 
are an active member of the military or you are a dependent of a n active member of the military (as those terms are 
defined in the Military Lending Act, 10 U.S.C. 987 and its implementing regulations).  
 1. NOTICE:  Federal law provides important protections to members of the Armed Forces and their dependents 
relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces 
and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as 
applicable to the credit transaction or Accou nt: the costs associated with credit insurance premiums or debt 
protection fees; fees for ancillary products sold in connection with the credit transaction; any application fee 
charged (other than certain application fees for specified credit transactions or accounts); and any participation fee 
charged (other than certain participation fees for a credit card account).  
To receive this notice verbally or to receive a description of your payment obligation please call 1 -800-879-7328, 
during our normal business  hours.  
2. This Account will not be secured by a consensual lien on shares or deposits in any of your deposit accounts 
unless you specifically agree to establish a deposit account in connection with this Account (�Secured Account�). 
Only funds deposited in to the Secured Account after the loan is made will secure this Account. Any cross -
collateralization provision contained in your credit or membership documents will not apply to this Account. 
However, with regard to this Account, we still reserve our statut ory lien rights and any resulting rights to set -off or 
administrative freeze under federal or state law, which gives us the right to apply the sums in the Secured Account 
or any other account(s) you have with us to satisfy your obligations under this Agree ment.  
Any contract terms in your credit, security, or membership agreements that contradict the above with regard to this 
Account are hereby deleted.  
3. This Account is not subject to mandatory arbitration and therefore any reference to mandatory arbitrati on in this 
Credit Agreement and Security Agreement or in SECU�s Agreements and Disclosures shall not apply to your 
Account.  
1. RESPONSIBILITY:  If we issue you a card, you agree to repay all debts and the FINANCE CHARGE arising from 
the use of the card and  the card account. For example, you are responsible for charges made by yourself, authorized 
users you designate, your spouse and minor children. You are also responsible for charges made by anyone else to 
whom you give the card and this responsibility con tinues until the card is recovered. You cannot disclaim 
responsibility by notifying us, but we will close the account for new transactions if you so request in writing and return 
all cards. Your obligation to pay the account balance continues even though a n agreement, divorce decree or other 
court judgment to which we are not a party may direct you or one of the other persons responsible to pay the 
account. Each of you who has applied for the account and for whom we have opened the account is individually a nd 
jointly obligated for all payments due under this agreement. You agree to use the account only for personal, family, 
household or charitable purposes. You will not use this account for any illegal transactions. Notice to any Account 
owner is considered notice to all Account owners.  
2. LOST  CARD  NOTIFICATION:  If you believe your card, convenience checks and/or Personal Identification Number 
(PIN) has been lost or stolen, you will immediately call us at 410 -487-7328 or 1 - 800-879-7328. For calling outside 
the U.S., you may call Visa Global Customer Assistance collect at +1 -303-967-1096.  
3. LIABILITY  FOR  UNAUTHORIZED  USE:  You understand that you may not be liable to SECU for any card 
transactions resulting from the loss, theft or other unauthorized use of th e card that occurs prior to the time you notify 
SECU in accordance with Federal Law.  
4. CREDIT  LINE:  If we approve your application, we will establish a self -replenishing line of credit for you and notify 
you of its amount when we issue the card. You agree  not to let the account balance exceed this approved credit line. 
Each payment you make on the account will restore your credit line by the amount of the payment applied to the 
principal. You may request an increase in the amount of your credit line by wri tten application or oral communication 
to us. It must be approved by our loan office. By giving you written notice, we may reduce your credit line from time to 
time, or with good cause, revoke your card and terminate this agreement. Good cause includes you r failure to comply 
with the agreement, your default on any obligation to SECU, including defaulting under other loan or deposit account 
terms, or our adverse reevaluation of your credit worthiness. You may also terminate this agreement at any time, but 
termination by either of us does not affect your obligation to pay the account balance. The cards remain our property 
and you must surrender all cards and convenience checks upon our request.  
5. CREDIT  INFORMATION:  You authorize us to investigate your credit  standing when opening, renewing or 
reviewing your account, and you authorize us to disclose information regarding your account to credit bureaus and 
other creditors who inquire of us about your credit standing to the extent authorized in our bylaws.  
6. MONTHLY  PAYMENT:  We will mail you a statement every month showing your previous balance of purchases 
and cash advances, the current transactions on your account, the remaining credit available under your credit line, 
the new balances of purchases and cash ad vances, the total new balance, the FINANCE CHARGE due to date and 
the minimum payment required. Every month you must pay at least the minimum payment within 25 days of your 
statement closing date. You may, of course, pay more frequently, pay more than the minimum payment required or 
pay the total new balance in full and you will reduce the FINANCE CHARGE by doing so. The minimum payment will 
be either: (a) 2.5% of your total new balance or $20, whichever is greater; or (b) your total new balance if it is le ss 
than $20 plus any portion of the minimum payment shown on prior statements that remains unpaid. In addition, at any  time your total new balance exceeds your credit line, you must immediately pay the excess upon our demand. We will 
apply your payments fi rst to balances with the highest annual percentage rate and any remaining portion to other 
balances in descending order based on the applicable annual percentage rate. Your payments will be applied to the 
purchase balance first and then to the cash advance  balance if these 2 balances have the same annual percentage 
rate. However, if you pay by check, the amount of your payment may not be applied to your available credit line for 
such period of time as we reasonably determine is necessary to ensure that your  check is honored. We may also 
allow you to skip a payment. If we do, we will notify you in advance of this option. If you choose to skip a payment 
when offered, we will continue to assess FINANCE CHARGES. You agree to pay us in U.S. dollars drawn on funds  
on deposit in the United States using a payment check, similar instrument, or automatic debit that will be processed 
and honored by your financial institution. We reserve the right to accept payments made in foreign currency. If we do, 
we will select the currency conversion rate at our discretion.  
7. IRREGULAR  PAYMENTS:  We reserve the right to accept late payments or checks and money orders marked 
�payment in full� without any prejudice to our rights under this agreement. If a check is presented for paymen t before 
the date you write on the check or the check is not dated, we have the right to process the check for payment or 
return it unpaid. You will hold us harmless for any action in payment or non -payment of the check.  
8. FINANCE  CHARGES:  Your due date i s 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. If you do not pay the total 
new balance for purchases by the due date, FINANCE CHARGES wil l be imposed on the unpaid purchase balance 
from the first date of the last billing cycle and on new purchases from the day they are posted to your account. For 
cash advances and balance transfers, FINANCE CHARGES will begin to accrue from the date of the transaction and 
continue to accrue until payment in full is credited to your account. We figure the FINANCE CHARGE on your 
account by applying the periodic rate to the �average daily balance� of your account (including current transactions). 
The daily peri od rate for your Purchase, Balance Transfer and Cash Advance APR is (APR/365).  
To get the �average daily balance� for purchases we take the beginning balance of your account each day, add any 
new purchases, and subtract any payments or credits, and unpaid finance charges. This gives us the daily balance. 
Then, we add up all the daily balances for the billing cycle and divide the total by the number of days in the billing 
cycle. This gives us the �average daily balance.� To get the daily balance for cash adv ances, new cash advances are 
added to the day�s beginning balance and payments and credits are subtracted. Fees are not included in the 
calculation of the average daily balance. FINANCE CHARGES will continue to accrue on your account until what you 
owe und er this Agreement is paid in full.  
9. LATE  CHARGES:  In addition to the continued accrual of the FINANCE CHARGE at the daily periodic rate, if you 
fail to pay at least the minimum payment within 15 days after it is due, we may assess a late charge of up to $25 for 
each delinquent payment.  
10. THE CONDITIONS  UNDER  WHICH  ANY  OTHER  CHARGES  MAY  BE IMPOSED:  These charges will be added 
to your purchase balance.  
a. DISHONORED CHECK � A fee of up to $15.00 may be imposed if payment is made with a check that is 
dishonored on the second presentment.  
b. ADDITIONAL CARDS � We will issue up to four (4) cards at no cost. Rush requests are $25.00 per request.  
11. DEFAULT:  You will be in default if you fail to make a minimum payment within 25 days after your monthly 
statement closing date. You will be in default if you default on any obligation to SECU, including defaulting under 
other loan or deposit account terms. You will be in default if you break any promise you made or any security 
agreement made in connection with  an advance. You will be in default if you die, file for bankruptcy, or become 
insolvent, that is, unable to pay your obligations when they become due. You will be in default if you make any false 
or misleading statements in any credit application or updat e of credit information. You will also be in default if 
something happens that we believe may substantially reduce your ability to repay what you owe. When you are in 
default we can demand immediate payment of the entire amount you owe without giving you a dvance notice. You will 
also be required to pay our collection expenses, including court costs and an additional sum equal to 20% of the 
aggregate of the principal and interest due if your account is referred to an attorney at law or collection agency for 
collection. You authorize us to submit payroll deduction requests, when available, from your wages, salary or pension 
to the State of Maryland or other employer agency for any amounts in default without additional authorization.  
12. DELAY  IN ENFORCEMENT:  We can delay enforcing any right under this agreement without losing that right or 
any other right.  
13. SEVERABILITY:  If any provision of this agreement is held invalid, all provisions that are severable from the 
invalid provision remain in effect.  
14. ACCE SSING  THE ACCOUNT:  To make a purchase or cash advance there are three alternatives. (a.) Present 
the card to a participating VISA� plan merchant, to us or to another financial institution. Then sign the sales or cash 
advance draft that has been imprinted o r swiped with your card information. (b.) Complete the transaction by using 
your Personal Identification Number (PIN) in conjunction with the card in an Automated Teller Machine (ATM) or 
other type of electronic terminal that provides access to the VISA sy stem. (c.) Issue a convenience check for the 
payment of goods, services or cash. You will retain the copy of such slips furnished at the time of the transaction to 
verify the monthly statement. SECU may charge a reasonable fee for photocopies of slips you request.  
15. CARD  RENEWAL:  Cards are issued with an expiration date. We have the right not to renew your card for any  reason.  
16. RETURNS  AND  ADJUSTMENTS:  Merchants and others who honor the card may give credit for returns or 
adjustments and they will do s o by sending us a credit which we will post to your account. If your credits and 
payments exceed what you owe us, we will hold and apply this credit balance against future purchases and cash 
advances, or if $1.00 or more, refund it on your written request or automatically after 6 months.  
17. FOREIGN  TRANSACTIONS:  Purchases and cash advances made in foreign countries and foreign currencies 
will be billed to you in U.S. dollars. The exchange rate for transactions in foreign currency will be a rate selected by  
Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which 
may vary from the rate Visa itself receives, or the government mandated rate in effect for the applicable central 
processing date.  
18. PLAN MERCHANT  DISPUTES:  We are not responsible for the refusal of any plan merchant or financial 
institution to honor your card. We are subject to claims and defenses (other than tort claims) as set forth herein 
under, �Special Rules for Credit Card Purchas es.� You must resolve any other disputes directly with the plan 
merchant. We may limit the dollar amount and/or the number of transactions which may be approved in one day. If 
we detect unusual or suspicious activity on your account, we may temporarily sus pend your credit privileges until we 
can verify the activity. We may approve transactions which cause the balance to exceed your credit line without 
waiving any of our rights to this Agreement.  
19. SECURITY  INTEREST:  Except for real estate loans, collatera l securing other loans with SECU may also be used 
to secure this VISA account. If you have any other loans from SECU, or take out other loans with SECU in the future, 
collateral securing those other loans will also secure the obligations under this Agreeme nt. However, unless you 
expressly agree otherwise, your household goods and dwelling will not secure your obligations under this Agreement 
even if SECU has or later acquires a security interest in the household goods or a mortgage on the dwelling. You 
have  given a Consensual Security Interest incorporated by reference herein, in your SECU Savings or Money 
Manager account, as security for any advances to you or on your behalf on any SECU VISA Credit Card, excepting 
those accounts that have an adverse tax con sequence.  
20. CASH  ADVANCES:  Cash advances can be obtained through an ATM, convenience checks, SECU branches and 
other financial institutions. Upon your written direction or through SECU�s website, cash advances may be made 
against your VISA account and ap plied to any of your SECU share accounts, or other accounts in the same manner 
as if the cash advances were paid to you. Deposit of the cash advance to any of your SECU accounts obligates you 
to the repayment of the cash advance per this Agreement.  
21. BALANCE  TRANSFER(S):  Balance Transfers are treated as a cash advance. Finance charges for balance 
transfers will begin to accrue from date of the transaction and continue to accrue until payment in full is credited to 
your account. Total value of transfer req uest(s) cannot exceed credit line and/or credit availability whichever is less. 
SECU sends either full or partial payment to your creditors in the order you list them. Allow at least 2 weeks from 
request date for processing of the balance transfer. Continu e paying each creditor until the transfer appears as a 
credit. It will take at least 17 days from account opening to initiate your balance transfer request. Within this 17 day 
time period, you may cancel your balance transfer by calling us at 800 -879-7328.  Do not transfer any disputed 
purchase or charge because you may lose dispute rights.  
22. EFFECT  OF AGREEMENT:  This agreement is the contract that applies to all transactions on your account even 
though the sales, cash advances, credit or other slips you s ign or receive may contain different terms. We may 
amend this agreement from time to time by sending you the advance written notice required by Federal and State 
law. Your use of the card after the effective date of the amendment will indicate your agreeme nt to the amendment.  
23. GOVERNING  LAW:  This agreement is governed by the Annotated Code of Maryland, Financial Institutions 
Article, Title 6 and the Annotated Code of Maryland, Commercial Law Article, Title 12, Subtitle 9 and applicable 
federal law or reg ulation.  
24. VISA  STATEMENTS  AND  NOTICES:  On a regular basis, you will receive a statement showing all transactions 
for this account during the period covered by the statement. Statements and notices will be mailed to you at the most 
recent address you hav e given SECU in writing. Notice to any one of you will be notice to all.  
25. UPDATING  INFORMATION:  You promise that you will promptly give us written notice if you move, change your 
name or employment, or if any other information you provide to us changes.  You also agree to provide SECU with 
updated financial information about yourself upon request.  
26. COPY  RECEIVED:  By signing, using or accepting the SECU VISA card, you acknowledge receipt of this 
Agreement and agree to terms herein.  
27. STOP  PAYMENT:  If before a Balance Transfer or Convenience Check drawn on your Account has been 
honored, you notify us not to pay it, we will stop payment on the check. You must send us a written and signed stop 
payment order which states the number, payee, amount, and date  of the check on which payment is to be stopped. 
We may disregard any such order six months after our receipt unless you renew it in writing.  
28. CLOSING  YOUR  ACCOUNT:  You can cancel or close your Account by writing to us at SECU, 971 Corporate 
Blvd., Lint hicum, MD 21090. Your notice becomes effective within five days after we receive it. If you cancel your 
Account, you must pay everything you owe us, including any amounts owed but not yet billed to you if you wish to 
avoid paying a FINANCE CHARGE on the ou tstanding balance. If you do not pay us immediately, outstanding 
balances will continue to accrue FINANCE CHARGES and other charges and be subject to the terms and conditions  of this Agreement. You also agree to return your card(s) and any unused Transfer and/or Convenience Checks to us.  
YOUR  BILLING  RIGHTS  KEEP  THIS  NOTICE  FOR  FUTURE  USE:  This notice contains important information about 
your rights and responsibilities under the Fair Credit Billing Act.  
NOTIFY  US IN CASE  OF ERRORS  OR QUESTIONS  ABOUT  YOUR  STATEMENT:  If you think your VISA 
statement is wrong, or if you need more information about a transaction on your statement, write us on a separate 
sheet at SECU, 971 Corporate Blvd., Linthicum, MD 21090. Write to us as soon as possible. We must hear from y ou 
no later than 60 days after we sent you the first statement on which the error or problem appeared. You can 
telephone us at 410 -487-7328 (Baltimore Metro Area) or (Toll Free) 1 -800-879-7328, but doing so will not preserve 
your rights. In your letter, gi ve us the following information:  
1. Your name and account number.  
2. The dollar amount of the suspected error.  
3. Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe 
the item in question.  
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 statement wa s correct. After we receive your letter, we cannot try to 
collect any amount you question and we cannot report you as delinquent. We can continue to send statements to 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 the questioned amount while we are investigating, but you are still obligated to 
pay the parts of your statement that are not in question. If we find that we made a mistake on your statement, you wil l 
not have to pay any FINANCE CHARGES related to any questioned amount. If we didn�t make a mistake, you have 
to pay FINANCE CHARGES, and you will have to make up any missed payments on the questioned amount. In 
either case, we will send you a statement of  the amount you owe and the date that it is due. If you fail to pay the 
amount that we think you owe, we may report you as delinquent. However, if our explanation does not satisfy you and 
you write to us within ten (10) days telling us that you still refus e to pay, we must tell anyone we report you to that you 
have a question about your account. We must tell you the name of anyone we reported you to, and we must tell 
anyone we reported you to that the matter has been settled between us when it finally is. I f we don�t follow these 
rules, we can�t collect the first $50 of the questioned amount, even if your statement was correct.  
SPECIAL  RULES  FOR  CREDIT  CARD  PURCHASES:  If you have a problem with the quality of property or services 
that you purchased with your  credit card, and you have tried in good faith to correct the problem with the merchant, 
you may have the right not to pay the remaining amount due on the property or services.There are two limitations on 
this right:  
a. You must have made the purchase in y our home state or, if not within your home state, within 100 miles of your 
current mailing address; and  
b. The purchase must have been more than $50.  
These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement fo r the 
property or services.  
BUSINESS  DAYS/HOURS:  Business days are Monday through Friday from 8:00 a.m. to 6:00 p.m. and Saturday 
from 9:00 am to 1:00 pm.  
TYPES  OF AVAILABLE  TRANSFERS  AND  LIMITS  ON TRANSFERS:  You may use your card to:  
a. Pay for purchases at places that agreed to accept the card.  
b. Obtain cash advances from our ATMs or at any ATM displaying the VISA logo in conjunction with your PIN.  
c. Obtain cash advances from any financial institution that has agreed to accept the card. There is no limi tation on the 
frequency of cash withdrawals you may make from our ATMs except that:  
1. You may not make any cash withdrawals that would result in an outstanding account balance in excess of your 
credit limit; and  
2. You may only make a total of $1,000 in c ash advance withdrawals per day with a minimum of $10.00. The 
withdrawal limit may change without any prior notice.  
CIRCUMSTANCES  IN WHICH  WE WILL  DISCLOSE  ACCOUNT  INFORMATION  TO THIRD  PARTIES:  We will 
disclose information to third parties about your accou nt or transfers that you make:  
a. When it is necessary for completing transfers, or  
b. To verify the existence and condition of your account for a third party, such as a credit bureau or merchant, or  
d. To comply with government agency or court orders, or  
c. If you give us your written permission.  
YOUR  RIGHTS  TO RECEIVE  DOCUMENTATION  OF TRANSACTIONS  
a. You can get a receipt at the time you make any cash advance using one of our automated teller machines.  
b. You will get a monthly account statement unless th ere are no transactions in that particular month and your 
balance is zero.  
c. You may also receive a statement if there is an amendment to terms.