Interest Rate and Interest Charges 

Annual Percentage Rate (APR) 
For Purchases 

CREDIT CARD ACCOUNT 
AGREEMENT AND DISCLOSURE 

THIS  IS  YOUR  CREDIT  CARD  ACCOUNT  AGREEMENT  AND  IT  INCLUDES  NECESSARY 
FEDERAL  TRUTH-IN-LENDING  DISCLOSURE  STATEMENTS,  PLATINUM  CLASSIC  VISA, 
PLATINUM  SECURE  VISA,  DIAMOND  PREFERRED  REWARDS  VISA  AND  SIGNATURE  VISA 
AGREEMENTS, AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR PLATINUM 
CLASSIC  VISA,  PLATINUM  SECURE  VISA,  DIAMOND  PREFERRED  REWARDS  VISA  AND 
SIGNATURE VISA CREDIT CARDS, AND/OR ANY OTHER ACCOUNT ACCESS DEVICE. PLEASE 
BE  CERTAIN  TO  READ  THIS  AGREEMENT  CAREFULLY  AND  NOTIFY  US  AT  ONCE  IF  ANY 
PARTS ARE UNCLEAR. 

Diamond Preferred Rewards VISA: 0.00% Introductory APR for ______ months 

After that, Your APR will be ________%. This APR will vary with the market 
based on the Prime Rate. 

Platinum Classic VISA: 0.00% Introductory APR for ______ months 

After that, Your APR will be ________%. This APR will vary with the market 
based on the Prime Rate. 

Platinum Secure VISA: _______% 

This APR will vary with the market based on the Prime Rate. 

Signature VISA: 0.00% Introductory APR for ______ months 

After  that,  Your  APR  will  be _______%.  This  APR  will  vary  with  the  market 
based on the Prime Rate. 

Annual Percentage Rate (APR) 
For Balance Transfers 

Diamond Preferred Rewards VISA: 0.00% Introductory APR for ______ months 

After that, Your APR will be ________%. This APR will vary with the market based 
on the Prime Rate. 

Platinum Classic VISA: 0.00% Introductory APR for ______ months 

After that, Your APR will be ________%. This APR will vary with the market based 
on the Prime Rate. 

Platinum Secure VISA: _______% 

This APR will vary with the market based on the Prime Rate. 

Signature VISA: 0.00% Introductory APR for ______ months 

After that, Your APR will be _______%. This APR will vary with the market based on 
the Prime Rate. 

Annual Percentage Rate (APR) 
For Cash Advances 

Diamond Preferred Rewards VISA: _______% 

This APR will vary with the market based on the Prime Rate. 

Platinum Classic VISA: _______% 

This APR will vary with the market based on the Prime Rate. 

Platinum Secure VISA: _______% 

This APR will vary with the market based on the Prime Rate. 

Signature VISA: _______% 

This APR will vary with the market based on the Prime Rate. 

Paying Interest 

We will not charge You interest on purchases if You pay Your entire balance owed each 
month within 25 days of Your statement closing date. We will begin charging interest on 
cash advances and balance transfers on the transaction date. 

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 

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. 

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Please refer to TOP OF PAGE 2 for more important information about Your Account 

Fees  

Transaction Fees 

  Foreign Transaction 
  Cash Advance 
  Overdraft Transfer 
  Balance Transfer 

Penalty Fees 

Except Signature, 1.00% of each transaction in U.S. Dollars. 
5.00% of the advance 
$3.00 
For Signature VISA, 3.00% of each transfer. 

  Returned Payment 
Late Payment 
 

Up to $30.00 
Up to $35.00 

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."  In all cases, 
see Your Account Agreement for details. 

Billing Rights:  Information on Your rights to dispute transactions and how to exercise those rights is provided in  Your Account 
Agreement. 

Please refer to PAGE 1 for more important information about Your Account 

DEFINITIONS. In this Agreement, the reference to "We," "Us," "Our" and "Credit Union" mean ARKANSAS FEDERAL CREDIT UNION ("ARKANSAS FEDERAL"). The words 
"You" and "Your" mean each person accepting this Agreement. If this is a joint Account, read singular pronouns in the plural. The words "Card" and "Credit Card" mean any 
Platinum Classic VISA, Platinum Secure VISA, Diamond Preferred Rewards VISA or Signature VISA Credit Card issued to You by Us and any duplicates or renewals. The 
word  "Account" means  the  Platinum  Classic VISA,  Platinum  Secure  VISA,  Diamond Preferred  Rewards  VISA  or Signature  VISA  Credit  Card Account  established for  You 
under this Agreement. "Convenience Checks" mean the special Account access devices that We may provide for Your use from time to time. 

Credit Card Type 

Variable Rate 

Margin 

Index 

Current Daily 
Periodic Rate 

Platinum Secure VISA 

__________ 

__________ 

____________% 

Platinum Classic VISA 

__________ 

__________ 

____________% 

Diamond Preferred Rewards VISA 

__________ 

__________ 

____________% 

Signature VISA 

__________ 

__________ 

____________% 

Current Annual 
Periodic Rate 

____________% 

____________% 

____________% 

____________% 

PROMISE TO PAY.  You, as the Borrower, understand that the following Federal 
Disclosure  Statement  and  the  terms  and  conditions  found  herein  constitute  Our 
Agreement  with  You.  You  may  request  advances  on  Your  Account  through  a 
variety  of  means  which  could  include  (but  may  not  be  limited  to)  telephonic 
requests,  advance  request  forms,  vouchers,  checks,  charge  slips,  Convenience 
Checks,  Credit  Cards  and  the  like.  Regardless  of  the  means  by  which  any 
advance is made, You promise to pay Us all amounts charged to Your Account by 
You  or  by  any  user  who  has  access  to  Your  Account,  with  actual,  apparent  or 
implied  authority  for  use  of  Your  Account,  including  Finance  Charges  and  other 
fees or charges described herein. 

USE OF YOUR CARD. You may use Your Card to buy goods and services in any 
place  that  it  is  honored  and  to  get  cash  advances  at  participating  financial 
institutions. You agree not to use Your Card for illegal transactions including, but not 
limited to, advances made for the purpose of gambling and/or wagering where such 
practices are in violation of applicable state and/or federal law. 

OVERDRAFT  PROTECTION.  We  may  transfer  funds  in  the  amount  necessary, 
rounded up to the next $1.00 (or in such increments as We may from time to time 
determine) to Your share draft account by an advance on Your Credit Card, subject 
to this provision, to clear any overdraft on Your share draft 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. Overdraft protection automatically ceases if this Agreement is ever cancelled 
or terminated or Your Account is in default. 

all amounts You owe Us now and in the future if that status is reflected in the "Truth-in-
Lending Disclosure" in any particular Agreement evidencing such debt.      
CONSENSUAL  LIEN  ON SHARES.  You  grant  and  consent  to  a  lien on  Your 
shares with Us (except for IRA and Keogh accounts) and any dividends due 
or  to  become  due  to  You  from  Us  to  the  extent  You  owe  on  any  unpaid 
Credit Card balance. 

ACCOUNT RESTRICTIONS. In order to receive and maintain a Platinum Secure VISA 
Credit Card, You agree to give Us a specific pledge of shares which will equal Your credit 
limit. In the event that You default on Your Platinum Secure VISA Credit Card, We may 
apply these shares toward the repayment of any amount owed on Your Account. You 
may  cancel  Your  Platinum  Secure  VISA  Credit  Card  at  any  time  by  paying  any 
amounts  owed  on  Your  Account.  To  be  certain  that  Your  entire  balance  and  all 
advances on Your Account are paid, any shares pledged may not be available to You 
for 30 days after You have cancelled and any outstanding balance is paid in full. 

LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for which 
You are approved. Unless You are in default, any Credit Limits established for You 
will generally be self-replenishing as You make payments. 

You will keep Your unpaid balance within Your Credit Limit set by Us, and You will 
pay any amount over Your Credit Limit on Our demand whether or not We authorize 
the  advances  which  caused  You  to  exceed  Your  Credit  Limit.  Even  if  Your  unpaid 
balance is less than Your Credit Limit, You will have no credit available during any 
time that any aspect of Your Account is in default. 

OTHER SECURITY. Collateral (other than household goods or any dwelling) given as 
security under this Agreement or for any other loan You may have with Us will secure 

JOINT ACCOUNTS. Each Borrower will be responsible, jointly and severally, for the 
repayment of any amounts owed. If any Account access device, such as a Personal 

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Identification  Number  (PIN)  is  requested  and  approved,  You  understand  that  any 
such  Account  access  device(s)  will  be  mailed  only  to  the  primary  Borrower  at  the 
address  that  We  have  on  file  for  You.  We  may  refuse  to  follow  any  instructions 
which run counter to this provision. 

MINIMUM  MONTHLY  PAYMENTS  (PAYMENT  SCHEDULE).  Though  You  need 
only pay the Minimum Monthly Payments, You understand that You have the right 
to  repay  at  any  time  without  penalty.  You  also  understand  that  You  will  only  be 
charged  periodic  Finance  Charges  to  the  date  You  repay  Your  entire  balance. 
You  may  make  larger  payments  without  penalty.  Any  partial  payment  or 
prepayment will not delay Your next scheduled payment. All payments to Us must 
be  in  lawful  money  of  the  United  States.  We  may  apply  each  payment  to 
whichever Feature Category We wish.  

Payments will be applied in the following order: (a) any Finance Charges due; (b) 
any  other  fees  and  charges  owing;  (c)  any  Late  Charges  owing;  and  then  to  (d) 
the  balance  bearing  the  lowest  rate  of  interest,  and  then  to  each  successive 
balance  bearing  the  next  lowest  rate  of  interest,  until  the  minimum  payment  is 
depleted.  As  permitted  by  law,  any  amounts  paid  in  excess  of  the  Minimum 
Monthly  Payment  will  first  be  applied  to  the  balance  bearing  the  highest  rate  of 
interest,  and  then  to  each  successive  balance  bearing  the  next  highest  rate  of 
interest, until the payment is depleted. 

Any unpaid portion of the Finance Charge will be paid by subsequent payments and 
will  not  be  added  to  Your  principal  balance.  You  understand  that  any  delay  in  the 
repayment of Your unpaid balance will increase Your periodic Finance Charges and 
any  acceleration  in  the  repayment  of  Your  unpaid  balance  will  decrease  Your 
periodic Finance Charges.  

Minimum Payments will be an amount equal to 2.00% of Your new unpaid balance 
at the end of each billing cycle, subject to the lesser of $20.00 or Your balance, plus 
any  portion  of  the  Minimum  Payments  shown  on  prior  statement(s)  which  remains 
unpaid, plus any amount that exceeds Your approved Credit Limit. 

LATE CHARGE. If Your payment is not received by the payment due date, You will 
be charged the lesser of: (a) $25.00 (this amount will be $35.00 if You have incurred 
a  late  charge  within  six  months  of  previously  incurring  a  late  charge);  or  (b)  the 
amount of the required minimum payment. 

OTHER FEES AND CHARGES. You  will be charged the following fees associated 
with the use of Your Card: (a) the lesser of $30.00 for any check (or other negotiable 
instrument  used  for  payment)  which  is  returned  unpaid,  or  the  required  minimum 
payment amount for the returned payment; (b) $3.00 for each advance necessary to 
clear  an  overdraft  on  Your  share  draft  account;  (c)  an  amount  equal  to  5.00%  of 
each cash advance; and (d) for Signature VISA, a balance transfer fee FINANCE 
CHARGE equal to 3.00% of each transfer. 

FINANCE  CHARGES.  In  the  case  of  any  transactions  under  Your  Account,  the 
balances subject to the periodic Finance Charge are the average daily transactions 
balances  outstanding  during  the  month  (including  new  transactions).  Separate 
average daily balances are calculated for purchases that are subject to a discounted 
rate, purchases that are not subject to a discounted rate, balance transfers that are 
subject to a discounted rate, balance transfers that are not subject to a discounted 
rate, cash advances (including convenience checks) that are subject to a discounted 
rate,  and  cash  advances  (including  convenience  checks)  that  are  not  subject  to  a 
discounted rate. 

To get the average daily balance for purchases that are subject to a discounted rate, 
We  take  the  beginning  balance  for  purchases  that  are  subject  to  a  discounted  rate 
each  day,  add  any  new  purchases  that  are  subject  to  a  discounted  rate,  debit 
adjustments or other charges and subtract any payments, credits and unpaid Finance 
Charges.  This  gives  Us  the  daily  balance  for  purchases  that  are  subject  to  a 
discounted rate. Then, We add up all the daily balances for purchases that are subject 
to a discounted rate during the billing cycle and divide them by the number of days in 
the billing cycle. This gives Us the average daily transactions balances for purchases 
that are subject to a discounted rate. To get the average daily balance for purchases 
that are not subject to a discounted rate, We take the beginning balance for purchases 
that are not subject to a discounted rate each day, add any new purchases that are not 
subject  to  a  discounted  rate,  debit  adjustments  or  other  charges  and  subtract  any 
payments,  credits  and  unpaid  Finance  Charges.  This  gives  Us  the  daily  balance  for 
purchases  that  are  not  subject  to  a  discounted  rate.  Then,  We  add  up  all  the  daily 
balances for purchases that are not subject to a discounted rate during the billing cycle 
and divide them by the number of days in the billing cycle. This gives Us the average 
daily transactions balances for purchases that are not subject to a discounted rate. 

To get the average daily balance for balance transfers that are subject to a discounted 
rate,  We  take  the  beginning  balance  for  balance  transfers  that  are  subject  to  a 
discounted rate each day, add any new balance transfers, debit adjustments or other 
charges and subtract any payments, credits and unpaid Finance Charges. This gives 
Us the daily balance for balance transfers that are subject to a discounted rate. Then, 
We add up all the daily balances for balance transfers that are subject to a discounted 
rate during the billing cycle and divide them by the number of days in the billing cycle. 

This  gives  Us  the  average  daily  transactions  balances  for  balance  transfers  that  are 
subject  to  a  discounted  rate.  To  get  the  average  daily  balance  for  balance  transfers 
that are not subject to a discounted rate, We take the beginning balance for balance 
transfers  that  are  not  subject  to  a  discounted  rate  each  day,  add  any  new  balance 
transfers, debit adjustments or other charges and subtract any payments, credits and 
unpaid Finance Charges. This gives Us the daily balance for balance transfers that are 
not subject to a discounted rate. Then, We add up all the daily balances for balance 
transfers  that  are  not  subject  to  a  discounted  rate  during  the  billing  cycle  and  divide 
them  by  the  number  of  days  in  the  billing  cycle.  This  gives  Us  the  average  daily 
transactions balances for balance transfers that are not subject to a discounted rate. 

To get the average daily balance for cash advances (including convenience checks) 
that  are  subject  to  a  discounted  rate,  We  take  the  beginning  balance  for  cash 
advances (including convenience checks) that are subject to a discounted rate each 
day, add any new cash advances, convenience checks, debit adjustments or other 
charges  and  subtract  any  payments,  credits  and  unpaid  Finance  Charges.  This 
gives  Us  the  daily  balance  for  cash  advances  (including  convenience  checks)  that 
are  subject  to  a  discounted  rate.  Then, We  add  up  all  the  daily  balances  for  cash 
advances  (including  convenience  checks)  that  are  subject  to  a  discounted  rate 
during  the  billing  cycle  and  divide them  by  the  number  of  days  in  the  billing  cycle. 
This gives Us the average daily transactions balances for cash advances (including 
convenience checks) that are subject to a discounted rate. To get the average daily 
balance for cash advances (including convenience checks) that are not subject to a 
discounted  rate,  We  take  the  beginning  balance  for  cash  advances  (including 
convenience  checks)  that  are  not  subject  to  a  discounted  rate  each  day,  add  any 
new  cash  advances,  convenience  checks,  debit  adjustments  or  other  charges  and 
subtract any payments, credits and unpaid Finance Charges. This gives Us the daily 
balance for cash advances (including convenience checks) that are not subject to a 
discounted  rate.  Then,  We  add  up  all  the  daily  balances  for  cash  advances 
(including convenience checks) that are not subject to a discounted rate during the 
billing cycle and divide them by the number of days in the billing cycle. This gives Us 
the  average  daily  transactions  balances  for  cash  advances  (including  convenience 
checks) that are not subject to a discounted rate. 

The  Finance  Charge  for  a  billing  cycle  is  computed  by  multiplying  the  average  daily 
balance subject to a Finance Charge by the applicable Daily Periodic Rate times the 
number of days in the billing cycle. You can avoid Finance Charges on purchases by 
paying the full amount of the entire balance owed each month within 25 days of Your 
statement  closing  date.  Otherwise,  the  new  balance  of  purchases,  and  subsequent 
purchases from the date they are posted to Your Account, will be subject to a Finance 
Charge. Cash advances and balance transfers are always subject to a Finance Charge 
from the later of the date they are posted to Your Account or from the first day of the 
billing cycle in which the transaction is posted to Your Account. 

For Diamond Preferred Rewards VISA and Platinum Classic VISA, transactions for 
purchases  and  balances  transfers  that  post  to  Your  Account  during  the  90-day 
period immediately following the date You establish Your Account will be subject to 
an  Introductory  Daily  Periodic  Rate  of  0.000000%  (corresponding  ANNUAL 
PERCENTAGE RATE 0.00%). The introductory rate will end _____ months after the 
date You establish Your Account at which time, the Daily Periodic Rate applicable to 
the  entire  balance  of  transactions  for  purchases  and  balance  transfers  that  are 
subject  to  an  introductory  rate  will  immediately  increase  to  the  then  standard 
variable rate that would have otherwise been in effect had no introductory rate been 
applied previously. 

For Signature VISA, transactions for purchases and balances transfers that post to 
Your Account during the 90-day period immediately following the date You establish 
Your  Account  will  be  subject  to  an  Introductory  Daily  Periodic  Rate  of  0.000000% 
(corresponding ANNUAL PERCENTAGE RATE 0.00%). The introductory rate will end 
_____  months  after  the  date  You  establish  Your  Account  at  which  time,  the  Daily 
Periodic  Rate  applicable  to  the  entire  balance  of  transactions  for  purchases  and 
balance transfers that are subject to an introductory rate will immediately increase to 
the  then  standard  variable  rate  that  would  have  otherwise  been  in  effect  had  no 
introductory rate been applied previously. 

VARIABLE RATE. Following the expiration of any Introductory Rate Period, all credit 
advances will be subject to a Variable Rate which is based on the highest Prime Rate 
as published in the Money Rates section of The Wall Street Journal in effect on the day 
any  Introductory  Rate  Period  expires,  and  subsequently,  on  the  25th  day  of  each 
calendar  month  of  each  year  ("Index")  plus  Our  Margin.  The  Index  plus  the  Margin 
equals the Interest Rate. Changes in the Index will cause changes in the Interest Rate 
on the day any Introductory Rate Period expires, and subsequently, on the first day of 
the  billing  cycle  in  the calendar month  immediately  following  any  such  change  in  the 
Index.  Increases  or  decreases  in  the  Interest  Rate  will  cause  like  increases  or 
decreases  in  the  Finance  Charge  and  will  affect  the  number  of  Your  regularly 
scheduled  payments.  Your  Interest  Rate  will  never  be  greater  than  18.00%  and  will 
apply to Your remaining principal balance. 

PERIODIC  STATEMENTS.  On  a  regular  basis,  You  will  receive  a  statement 
showing  all  transactions  on  Your  Account  including  amounts  paid  and  borrowed 
since Your last statement. We will mail You a statement each month in which there 
is  a  debit  or  credit  balance  or  when  a  Finance  Charge  is  imposed.  We  need  not 

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send You a statement if We feel Your Account is uncollectible or if We have started 
collection proceedings against You because You defaulted. EACH STATEMENT IS 
DEEMED  TO  BE  A  CORRECT  STATEMENT  OF  ACCOUNT  UNLESS  YOU 
ESTABLISH  A  BILLING  ERROR  PURSUANT  TO  THE  FEDERAL  TRUTH-IN-
LENDING ACT.  

OUR  RESPONSIBILITIES  TO  HONOR  CONVENIENCE  CHECKS.  We  are  under 
no  obligation  to  honor  Your  Convenience  Checks  if:  (1)  by  paying  a  Convenience 
Check, You would exceed Your Credit Limit; (2) Your Cards or Convenience Checks 
have  been  reported  lost  or  stolen;  and/or  (3)  Your  Account  has  been  cancelled  or 
has  expired. If  a  postdated  Convenience  Check  is  paid  and,  as  a  result,  any other 
Convenience  Check  is  returned  unpaid,  We  are  not  responsible  for  any  resulting 
loss or liability. 

DEFAULT. You will be in default if: (a) You do not make any payment or perform 
any obligation under this Agreement, or any other agreement that You may have 
with Us; or (b) You should die, become involved in any insolvency, receivership or 
custodial proceeding brought by or against You; or (c) You have made a false or 
misleading statement in Your credit application and/or in Your representations to 
Us  while  You owe  money on Your Account;  or  (d)  A judgment or tax  lien should 
be filed against  You or  any  attachment  or  garnishment  should be issued against 
any  of  Your  property  or  rights, specifically  including  anyone starting  an  action or 
proceeding to seize any of Your funds on deposit with Us; and/or (e) We should, 
in  good  faith,  believe  Your  ability  to  repay  Your  indebtedness  hereunder  is  or 
soon will be impaired, time being of the very essence. 

Upon any  occurrence of  default, We  may,  to the extent  permitted  by  law,  cancel 
Your  rights  under  this  Agreement,  require  the  return  of  all  access  devices  and 
declare the entire balance of Your Account immediately due and payable, without 
prior notice or demand.    

COLLECTION COSTS. In the event collection efforts are required to obtain payment 
on  this  Account,  to  the  extent  permitted  by  law,  You  agree  to  pay  all  court  costs, 
private  process  server  fees,  investigation  fees  or  other  costs  incurred  in  collection 
and  reasonable  attorneys'  fees  incurred  in  the  course  of  collecting  any  amounts 
owed under this Agreement or in the recovery of any Collateral. 

ENFORCEMENT. We do not lose Our rights under this or any related agreement if 
We  delay  enforcing  them.  We  can  accept  late  payments,  partial  payments  or  any 
other payments, even if they are marked "paid in full" without losing any of Our rights 
under  this  Agreement.  If  any  provision  of  this  or  any  related  agreement  is 
determined  to  be  unenforceable  or  invalid,  all  other  provisions  remain  in  full  force 
and effect. 

NOTIFICATION OF ADDRESS CHANGE. You  will notify Us promptly if You move 
or otherwise have a change of address.  

CHANGE  IN  TERMS.  We  may  change  the  terms  of  this  Agreement  by  mailing  or 
delivering to You written notice of the changes as prescribed by the Federal Truth-
In-Lending Act. To the extent permitted by law, the right to change the terms of this 
Agreement  includes,  but  is  not  limited  to,  the  right  to  change  the  periodic  rate 
applicable to Your unpaid balance and/or future advances.  

INTEGRATED  DOCUMENTS.  Any  separate  sheet  of  paper  labeled  "Additional 
Disclosure  -  Federal  Truth-In-Lending  Act"  which  is  delivered  together  with  this 
Agreement  or  at  a  later  date  becomes  an  integrated  part  of  this  Agreement  
and Disclosure. 

CONSENT  TO  AGREEMENT.  You  acknowledge  receipt  of  a  copy  of  this 
Agreement.  By  signing  the  application;  or  by  using  Your  Account  or  any  Account 
access  device;  or  by  authorizing  another  to  use  Your  Account,  You  agree  to  and 
accept its terms. 

UPDATING AND DISCLOSING FINANCIAL INFORMATION. You will provide facts to 
update  information  contained  in  Your  original  Account  application  or  other  financial 
information related to You, at Our request. You also agree that We may, from time to 
time,  as  We  deem  necessary,  make  inquiries  pertaining  to  Your  employment,  credit 
standing  and  financial  responsibility  in  accordance  with  applicable  laws  and 
regulations.  You  further  agree  that  We  may  give  information  about  the  status  and 
payment history of Your Account to consumer credit reporting agencies, a prospective 
employer  or  insurer,  or  a  state  or  federal  licensing  agency  having  any  apparent 
legitimate business need for such information.  

TERMINATION.  Either  You  or  We  may  cancel  Your  Account  or  any  particular 
Feature Category of Your Account, at any time, whether or not You are in default. 
You  will,  in any case,  remain liable  to  pay  any  unpaid balances  according to the 
terms of Your Account.  

OWNERSHIP. Your Card remains Our property and may be cancelled by Us at any 
time  without  notice.  You  agree  to  surrender  Your  Card  and  to  discontinue  its  use 
immediately upon Our request. 

ISSUANCE OF A PERSONAL IDENTIFICATION NUMBER. We will issue, upon Your 
request,  a  Personal  Identification  Number  (PIN)  for  use  with  participating  Automated 
Teller  Machines  (ATMs).  This  PIN  is  confidential  and  should  not  be  disclosed  to 
anyone. You may use Your PIN to access Your Account and all sums advanced will be 
added  to  Your  Account  balance.  In  the  event  a  use  of  Your  PIN  constitutes  an 
Electronic  Fund  Transfer,  the  terms  and  conditions  of  Your  Electronic  Fund  Transfer 
Agreement may also affect Your rights.  

EFFECT  OF  AGREEMENT.  Even  though the  sales,  cash  advance,  credit  or  other 
slips You may sign or receive when using Your Card contain terms, this Agreement 
is the contract which solely applies to all transactions involving the Card. 

UNAUTHORIZED  USE.  You may  be  liable for  the  unauthorized  use  of  Your  Card. 
You will not be liable for the unauthorized use that occurs after You notify Us of the 
loss,  theft,  or  possible  unauthorized  use  by  calling  Us  at  the  telephone  number 
shown in this Agreement or by writing to Us at the address shown in this Agreement. 
In any case, Your liability will not exceed $50.00. 

PRE-AUTHORIZED  RECURRING  CHARGES.  You  may,  from  time  to  time, 
establish  preauthorized  recurring  charges  be  made  on  Your  Account.  You 
understand  that  any  such  preauthorized  recurring  charges  will  continue  unless 
discontinued  by  You  directly  with 
the  service  provider  with  whom  You 
preauthorized the recurring charge. 

To  ensure  that  recurring  preauthorized  charges  established  and  authorized  by 
You  are  not  interrupted  in  the  event  that  Your  Card  or  other  Access  Device  is 
reissued,  We  may,  but  are  under  no  obligation  to  do  so,  enroll  Your  account  in 
automatic  account 
that  communicate  new 
Card/Access  Device  information  to  the  service  providers  with  whom  You  have 
established  preauthorized  recurring  charges,  the  purpose  of  which  is  to  ensure 
charges You authorize continue without interruption. 

information  update  services 

REFUSAL TO HONOR CARDS OR CONVENIENCE CHECKS. We are not liable 
for  the  refusal  or  inability  of  merchants,  financial  institutions  and  others  to  
accept  the  Cards  or  Convenience  Checks,  or  electronic  terminals  to  honor  the 
Cards  or  complete  a  Card  withdrawal,  or  for  their  retention  of  the  Cards  or 
Convenience Checks. 

FOREIGN  TRANSACTIONS.  For  transactions  initiated  in  foreign  countries  and 
foreign  currencies,  the  exchange  rate  between  the  transaction  currency  and  the 
billing currency (U.S. Dollars) will be: (a) a rate selected by VISA from the range of 
rates available in  wholesale currency markets for the applicable central processing 
date, which rate may vary from the rate VISA itself receives; or (b) the government-
mandated rate in effect for the applicable central processing date.  

Except for transactions made through the use of any Signature VISA Credit Card, 
You  will  be  charged  1.00%  of  the  final  settlement  amount  for  each  such 
transaction initiated in a foreign currency  whereas, You will be charged 1.00% of 
the  final  settlement  amount  for  transactions  occurring  in  foreign  countries  and 
initiated in U.S. Dollars. 

TRANSACTION  SLIPS.  Your  monthly  statement  will  identify  that  merchant, 
electronic terminal or financial institution at which transactions were made, but sales, 
cash advances, credit or other slips cannot be returned with the statement.  

LOST  CARDS  OR  CONVENIENCE  CHECKS.  To  report  lost  or  stolen  Credit 
Cards  or  Convenience  Checks,  You  will 
the  
telephone number shown in this Agreement or write to Us at the address shown in 
this Agreement.  

immediately  call  Us  at 

CREDITS.  If  a  merchant  who  honors  Your  Card  gives  You  credit  for  returns  or 
adjustments,  they  will  do  so  by  sending  Us  a  slip  which  will  be  posted  to  Your 
Account. If Your credits and payments exceed what You owe Us, We will hold and 
apply this  credit  against future purchases  and cash  advances,  or  if  it  is  $1.00 or 
more  refund  it  on  Your  written  request  or  automatically  deposit  it  to  Your  share 
account after six months.                            

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 

GOVERNING LAW. This Agreement is controlled and governed by the laws of the 
State  of  Arkansas  except  to  the  extent  that  such  laws  are  inconsistent  with 
controlling federal law. 

If You think there is an error on Your statement, write to Us at: Arkansas Federal 
Credit  Union,  P.O.  Box  9,  Jacksonville,  AR  72078.  In  Your  letter,  give  Us  the 
following information: 

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 
 
 

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. 

 

If We  do  not  believe there  was  a mistake:  You  will  have to pay the amount 
in  question,  along  with  applicable  interest  and  fees.  We  will  send  You  a                                          
statement  of  the  amount  You  owe  and  the  date  payment  is  due.  We  may  
then  report  You  as  delinquent  if  You  do  not  pay  the  amount  We  think  
You owe. 

You must contact Us: 

  Within 60 days after the error appeared on Your statement.          
  At  least  three  business  days  before  an  automated  payment  is  scheduled,  if                                          

 You want to stop payment on the amount You think is wrong. 

You must notify Us of any potential errors in writing. You may call Us, but if You do 
We are not required to investigate any potential errors and You may have to pay the 
amount in question.  

report  You  as  delinquent  without  also 

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 
that  You  are  
questioning Your bill. We must tell You the name of anyone to whom We reported 
You  as  delinquent,  and  We  must  let  those  organizations  know  when  the 
matter  has  been  settled  between  Us.  If  We  do  not  follow  all  of  the  rules  above, 
You do not have to pay the first $50.00 of the amount You question even if Your 
bill is correct. 

reporting 

What Will Happen After We Receive Your Letter 

Your Rights If You Are Dissatisfied With Your Credit Card Purchases 

When We receive Your letter, We must do two things: 

1)  Within  30  days  of  receiving  Your  letter,  We  must  tell  You  that  We  received                   

Your letter. We will also tell You if We have already corrected the error. 

If You are dissatisfied with the goods or services that You have purchased with Your 
Credit  Card,  and  You  have  tried  in  good  faith  to  correct  the  problem  with  the 
merchant,  You  may  have  the  right  not  to  pay  the  remaining  amount  due  on  the 
purchase. To use this right, all of the following must be true: 

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. 

1)   The  purchase  must  have  been  made  in  Your  home  state  or  within  100  miles     

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           

of  Your  current  mailing  address,  and  the  purchase  price  must  have  been                     
more  than  $50.00.  (Note:  Neither  of  these  are  necessary  if  Your  purchase                         
was  based  on  an  advertisement  We  mailed  to  You,  or  if  We  own  the                                 
company that sold You the goods or services.) 

 

on that amount. 
The  charge  in  question  may  remain  on  Your  statement,  and  We  may                                
continue to charge You interest on that amount.          

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. 

  While  You  do  not  have  to  pay  the  amount  in  question,  You  are  responsible                                       

3)   You must not yet have fully paid for the purchase.  

for the remainder of Your balance.          

  We can apply any unpaid amount against Your Credit Limit. 

After We finish Our investigation, one of two things will happen: 

If  all  of  the  criteria  above  are  met  and  You  are  still  dissatisfied  with  the  purchase, 
contact Us in writing at Our address shown in this Agreement.  

 

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.          

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. 

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Interest Rate and Interest Charges 

Annual Percentage Rate (APR) 
For Purchases 

PRICING INFORMATION ADDENDUM 
CREDIT CARD ACCOUNT 
AGREEMENT AND DISCLOSURE 

THIS  IS  YOUR  ADDENDUM  THAT  CONTAINS  PRICING  INFORMATION  FOR  YOUR  PLATINUM 
CLASSIC  VISA,  PLATINUM  SECURE  VISA,  DIAMOND  PREFERRED  REWARDS  VISA  AND 
SIGNATURE  VISA  CREDIT  CARDS.  PLEASE  BE  CERTAIN  TO  READ  THIS  ADDENDUM 
CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR. 

Diamond Preferred Rewards VISA: 0.00% Introductory APR for ______ months 

After that Your APR will be 8.99% - 15.99% based on Your creditworthiness  
This APR will vary with the market based on the Prime Rate. 

Platinum Classic VISA: 0.00% Introductory APR for ______ months 

After that Your APR will be 6.00% - 14.99% based on Your creditworthiness  
This APR will vary with the market based on the Prime Rate. 

Platinum Secure VISA: 18.00% 

This APR will vary with the market based on the Prime Rate. 

Signature VISA: 0.00% Introductory APR for ______ months 

After that Your APR will be 10.99% - 17.99% based on Your creditworthiness  
This APR will vary with the market based on the Prime Rate. 

Annual Percentage Rate (APR) 
For Balance Transfers 

Diamond Preferred Rewards VISA: 0.00% Introductory APR for ______ months 

After that Your APR will be 8.99% - 15.99% based on Your creditworthiness  
This APR will vary with the market based on the Prime Rate. 

Platinum Classic VISA: 0.00% Introductory APR for ______ months 

After that Your APR will be 6.00% - 14.99% based on Your creditworthiness  
This APR will vary with the market based on the Prime Rate. 

Platinum Secure VISA: 18.00% 

This APR will vary with the market based on the Prime Rate. 

Signature VISA: 0.00% Introductory APR for ______ months 

After that Your APR will be 10.99% - 17.99% based on Your creditworthiness  
This APR will vary with the market based on the Prime Rate. 

Annual Percentage Rate (APR) 
For Cash Advances 

Diamond Preferred Rewards VISA: 8.99% - 15.99% based on Your creditworthiness  

This APR will vary with the market based on the Prime Rate. 

Platinum Classic VISA: 6.00% - 14.99% based on Your creditworthiness  

This APR will vary with the market based on the Prime Rate. 

Platinum Secure VISA: 18.00% 

This APR will vary with the market based on the Prime Rate. 

Signature VISA: 10.99% - 17.99% based on Your creditworthiness  
This APR will vary with the market based on the Prime Rate. 

Paying Interest 

We will not charge You interest on purchases if You pay Your entire balance owed each 
month within 25 days of Your statement closing date. We will begin charging interest on 
cash advances and balance transfers on the transaction date. 

Please refer to TOP OF PAGE 2 for more important information about Your Account 

Copyright Oak Tree Business Systems, Inc., 2007-2018. All Rights Reserved.                                          Page 1 of 3                                                                                                   OTBS 016AYCC DC FRB_Web ARKA (3/18) 

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Fees  

Transaction Fees 

  Foreign Transaction 
  Cash Advance 
  Overdraft Transfer 
  Balance Transfer 

Penalty Fees 

  Returned Payment 
Late Payment 
 

Except Signature, 1.00% of each transaction in U.S. Dollars. 
5.00% of the advance 
$3.00 
For Signature VISA, 3.00% of each transfer. 

Up to $30.00 
Up to $35.00 

Please refer to PAGE 1 for more important information about Your Account 

FINANCE CHARGES. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances 
outstanding during the month (including new transactions). Separate average daily balances are calculated for purchases that  are subject to a discounted rate, purchases 
that are not subject to a discounted rate, balance transfers that are subject to a discounted rate, balance transfers that are not subject to a discounted rate, cash advances 
(including convenience checks) that are subject to a discounted rate, and cash advances (including convenience checks) that are not subject to a discounted rate. 

To get the average daily balance for purchases that are subject to a discounted rate, We take the beginning balance for purchases that are subject to a discounted rate each 
day, add any new purchases that are subject to a discounted rate, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This 
gives Us the daily balance for purchases that are subject to a discounted rate. Then, We add up all the daily balances for purchases that are subject to a discounted rate 
during the billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for purchases that are subject to a 
discounted rate. To get the average daily balance for purchases that are not subject to a discounted rate, We take the beginning balance for purchases that are not subject to 
a discounted rate each day, add any new purchases that are not subject to a discounted rate, debit adjustments or other charges and subtract any payments, credits and 
unpaid Finance Charges. This gives Us the daily balance for purchases that are not subject to a discounted rate. Then, We add up all the daily balances for purchases that 
are not subject to a discounted rate during the billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances 
for purchases that are not subject to a discounted rate. 

To  get  the  average  daily  balance  for  balance  transfers  that  are  subject  to  a  discounted  rate,  We  take  the  beginning  balance  for  balance  transfers  that  are  subject  to  a 
discounted rate each day, add any new balance transfers, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us 
the daily balance for balance transfers that are subject to a discounted rate. Then, We add up all the daily balances for balance transfers that are subject to a discounted rate 
during the billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for balance transfers that are subject 
to a discounted rate. To get the average daily balance for balance transfers that are not subject to a discounted rate, We take the beginning balance for balance transfers that 
are not subject to a discounted rate each day, add any new balance transfers, debit adjustments or other charges and subtract any payments, credits and unpaid Finance 
Charges. This gives Us the daily balance for balance transfers that are not subject to a discounted rate. Then, We add up all the daily balances for balance transfers that are 
not subject to a discounted rate during the billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for 
balance transfers that are not subject to a discounted rate. 

To get the average daily balance for cash advances (including convenience checks) that are subject to a discounted rate, We take the beginning balance for cash advances 
(including convenience checks) that are subject to a discounted rate each day, add any new cash advances, convenience checks, debit adjustments or other charges and 
subtract  any  payments,  credits  and  unpaid  finance  Charges.  This  gives  Us  the  daily  balance  for  cash  advances  (including  convenience  checks)  that  are  subject  to  a 
discounted rate. Then, We add up all the daily balances for cash advances (including convenience checks) that are subject to a discounted rate during the billing cycle and 
divide  them  by  the  number  of  days in  the billing  cycle.  This  gives  Us the  average daily  transactions  balances for cash  advances (including convenience checks)  that are 
subject  to  a  discounted  rate.  To  get  the  average  daily  balance  for  cash  advances  (including  convenience  checks)  that  are  not  subject  to  a  discounted  rate, We  take  the 
beginning balance for cash advances (including convenience checks) that are not subject to a discounted rate each day, add any new cash advances, convenience checks, 
debit  adjustments  or  other  charges  and  subtract  any  payments,  credits  and  unpaid  Finance  Charges.  This  gives  Us  the  daily  balance  for  cash  advances  (including 
convenience checks) that are not subject to a discounted rate. Then, We add up all the daily balances for cash advances (including convenience checks) that are not subject 
to  a  discounted  rate  during  the  billing  cycle  and  divide  them  by  the  number  of  days  in  the  billing  cycle.  This  gives  Us  the  average  daily  transactions  balances  for  cash 
advances (including convenience checks) that are not subject to a discounted rate. 

The  Finance  Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the applicable Daily Periodic Rate times the 
number of days in the billing cycle. You can avoid Finance Charges on purchases by paying the full amount of the entire balance owed each month within 25 days of Your 
statement closing date. Otherwise, the new balance of purchases, and subsequent purchases from the date they are posted to Your Account, will be subject to a Finance 
Charge. Cash advances and balance transfers are always subject to a Finance Charge from the later of the date they are posted to Your Account or from the first day of the 
billing cycle in which the transaction is posted to Your Account. 

For  Diamond  Preferred  Rewards  VISA  and  Platinum  Classic  VISA,  transactions for purchases and balances transfers that post  to  Your  Account  during  the  90-day period 
immediately  following  the  date  You  establish  Your  Account  will  be  subject  to  an  Introductory  Daily  Periodic  Rate  of  0.000000%  (corresponding  ANNUAL  PERCENTAGE 
RATE 0.00%). The introductory rate will end _____ months after the date You establish Your Account at which time, the Daily Periodic Rate applicable to the entire balance of 
transactions  for  purchases  and  balance  transfers  that  are  subject  to  an  introductory  rate  will  immediately  increase  to  the  then  standard  variable  rate  that  would  have 
otherwise been in effect had no introductory rate been applied previously. 

For Signature VISA, transactions for purchases and balances transfers that post to Your Account during the 90-day period immediately following the date You establish Your 
Account  will  be  subject  to  an  Introductory  Daily  Periodic  Rate  of  0.000000%  (corresponding  ANNUAL  PERCENTAGE  RATE  0.00%).  The  introductory  rate  will  end  _____ 
months after the date You establish Your Account at which time, the Daily Periodic Rate applicable to the entire balance of transactions for purchases and balance transfers 
that are subject to an introductory rate will immediately increase to the then standard variable rate that would have otherwise been in effect had no introductory rate been 
applied previously. 

Your Platinum Classic VISA is subject to a current variable Daily Periodic Rate of 0.016438% - 0.041068% (corresponding to an ANNUAL PERCENTAGE RATE of 6.00% - 
14.99%), depending on Your creditworthiness. 

Your Diamond Preferred Rewards VISA is subject to a current variable Daily Periodic Rate of 0.024630% - 0.043808% (corresponding to an ANNUAL PERCENTAGE RATE 
of 8.99% - 15.99%), depending on Your creditworthiness. 

Copyright Oak Tree Business Systems, Inc., 2007-2018. All Rights Reserved.                                          Page 2 of 3                                                                                                   OTBS 016AYCC DC FRB_Web ARKA (3/18) 

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Your Platinum Secure VISA is subject to a current variable Daily Periodic Rate of 0.049315% (corresponding to an ANNUAL PERCENTAGE RATE of 18.00%). 

Your  Signature  VISA  is  subject  to  a  current  variable  Daily  Periodic  Rate  of  0.030110%  -  0.049288%  (corresponding  to  an  ANNUAL  PERCENTAGE  RATE  of  10.99%  - 
17.99%), depending on Your creditworthiness. 

VARIABLE RATE. Following the expiration of any Introductory Rate Period, all credit advances will be subject to a Variable Rate which is based on the highest Prime Rate 
as published in the Money Rates section of The Wall Street Journal in effect on the day any Introductory Rate Period expires, and subsequently, on the 25th day of each 
calendar month of each year ("Index") plus Our Margin. The Index plus the Margin equals the Interest Rate. Changes in the Index will cause changes in the Interest Rate on 
the day any Introductory Rate Period expires, and subsequently, on the first day of the billing cycle in the calendar month immediately following any such change in the Index. 
Increases or decreases in the Interest Rate will cause like increases or decreases in the Finance Charge and will affect the number of Your regularly scheduled payments. 
Your Interest Rate will never be greater than 18.00% and will apply to Your remaining principal balance. 

For Platinum Classic VISA, Diamond Preferred Rewards VISA and Signature VISA Your Margin will be determined by Your creditworthiness, and for Platinum Classic VISA 
the Margin will be 2.75% - 11.74%, for Diamond Preferred Rewards VISA the Margin will be 5.74% - 12.74% and for Signature VISA the Margin will be 7.74% - 14.74%. For 
Platinum Secure VISA the Margin will be 14.75%. 

Copyright Oak Tree Business Systems, Inc., 2007-2018. All Rights Reserved.                                          Page 3 of 3                                                                                                   OTBS 016AYCC DC FRB_Web ARKA (3/18) 

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