FOR VISA

®
 PLATINUM PREMIER, VISA

®
 PLATINUM BASIC, VISA

®
®
 PLATINUM SECURED 
 SIGNATURE AND VISA

DISCLOSURE STATEMENT AND AGREEMENT 

In this Agreement, the words “you” and “your” mean each and all of those who apply for the card and accept this Agreement.  “Card” means the VISA 
Credit Card and any duplicates and renewals we issue to access the VISA Line of Credit account with us. The word “PIN” means Personal Identification 
Number issued by us for use to access the VISA Line of Credit “Account” with us. “We”, “us”, “our” and “ANDREWS FEDERAL” mean Andrews Federal 
Credit Union. “VISA Check” means the VISA checks we issue to access the VISA Line of Credit account with us. 

1. ACCEPTANCE OF CARDHOLDER AGREEMENT AND USE OF CARD AND VISA CHECKS. When you accept or use our Card or VISA Checks, or if 
you use a Card or VISA Check issued under an Account we hold, you agree to the terms in this Agreement. You must sign your Card before you can 
use it. All Cards issued to you remain our property and must be returned to us upon request. You may use your Card to purchase or lease goods or to 
purchase  services  (“Purchases”)  from  a  participating  VISA  plan  merchant.  You  may  also  obtain  loans  (“Cash  Advances”)  from  us  or  any  financial 
institution that accepts the Card. To make a Purchase or obtain a Cash Advance, you may use any of the following procedures. First, you may present 
the Card to a participating VISA plan merchant, to us, or to another financial institution, and sign the sales or Cash Advance draft which will be imprinted 
with your Card or part or all of your Card number. As an alternative, you may complete the transaction by using your Personal Identification Number 
(PIN) when required in conjunction with the Card in an Automated Teller Machine or other type of electronic terminal that provides access to the VISA 
system. You may transfer balances from other creditors by contacting us. You also may use VISA Checks that we may issue to you. You may use the 
VISA Checks to obtain a Cash Advance or make Purchases up to your available Credit Line. VISA Checks may be used like any other check; however, 
you  agree  not  to  make  any  payment  on  your  Account  with  a  VISA  Check.  All  VISA  Checks  will  be  treated  as  Cash  Advances  for  the  purpose  of 
computing FINANCE CHARGES.  

Your Account may be used for lawful transactions only. You agree that use of your Card and/or VISA Checks for illegal transactions (including, 
but not limited to, unlawful gambling) will be deemed a default and/or breach of this Agreement and may result in the termination of your Account and 
other actions stated in the “Default” provisions of this Agreement.  

If you use your Account for illegal transactions, you waive any right to sue ANDREWS FEDERAL for such illegal transactions or any activity 
directly  or  indirectly  related  to it. Additionally,  you  agree  to  indemnify  and  hold  us  harmless  from  any  suits  or  other  legal  action  or liability,  directly  or 
indirectly, relating from such illegal transactions.  

2. RESPONSIBILITY. You promise to pay us the total amount of each Purchase and Cash Advance resulting from the use of the Card, VISA Checks, or 
your  Account,  plus  any  finance  charge  and  other  charges  due  under  the  terms  of  this  Agreement.  All  payments  must  be  made  in  U.S.  Dollars  and 
delivered or mailed to us at the address shown on your periodic statement. For example, you are responsible for charges made by yourself, as well as 
charges  made  by  joint  users.  You  are  also  responsible  for  charges  made  by  anyone  else  to  whom  you  give  the  Card  and/or  VISA  Check,  and  this 
responsibility continues until you recover the Card and/or VISA Check and all charges are paid. Your obligations to pay the Account balance continue 
even though an agreement, divorce decree, or other court judgment to which we are not a party, may direct a joint user or any other person responsible 
under this Agreement to pay the Account. Any person using the Card and/or VISA Check is jointly and severally responsible with you for charges he or 
she makes, but if that person signs a Card he or she becomes a party to this Agreement and is also jointly and severally responsible for all charges on 
the Account, including yours.  

3. LIABILITY FOR UNAUTHORIZED USE. As provided from time to time in VISA’s Operation Regulations, when a transaction is processed through the 
VISA network, you will not be liable for unauthorized use of your Card or VISA checks unless you were grossly negligent in the handling of your Account 
or Card. You may be liable for unauthorized use of your Card or VISA Checks when the transaction is not processed through the VISA network, like at 
ATMs or other non-VISA branded transactions when a PIN is required and in all cases when you were grossly negligent in the handling of your Account 
or Card but in any event, your liability will not exceed $50.00. Also, you will not be liable for unauthorized use of your Card or VISA Checks that occurs 
after you notify us by telephone or in writing as indicated below. In all cases, immediately upon learning of the loss, theft or possible unauthorized use of 
your  Card  and/or  VISA  Checks,  you  agree  to  notify  us  by  calling  1-800-449-7728  during  regular  business  hours,  weekends,  holidays,  or  after  Credit 
Union hours; or by writing to: Andrews Federal Credit Union, 5711 Allentown Road, Suitland, Maryland 20746 (Attention: Operations Department). You 
agree to give us your complete cooperation in our efforts to recover any stolen Card and/or VISA Check and amounts due from unauthorized users and 
to have unauthorized users prosecuted.  

4.  CREDIT  LINE.  Upon  approval of  your  application,  a self-replenishing  Line  of  Credit  will  be  established  for  you  up  to  the  enclosed credit limit.  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 which is applied to the principal. You may request an increase in your Credit Line by application to us, which must be approved 
by us. By giving you written notice, we may reduce your Credit Line from time to time. We can honor Purchases or Cash Advances in excess of your 
approved  Credit Line at any time, but the decision is up to us.  If we do so, this Agreement will cover those Purchases and Cash Advances and you 
agree to pay us the amount in excess of your approved Credit Line immediately. If you write a VISA Check that would exceed your approved Credit Line, 
we  either  may  return  the  check  to  the  payee  without  payment  or  honor  the  check  and  demand  payment  from  you  of  the  excess  amount.  When 
demanded, you immediately will repay the excess amount. You agree that we are not liable to you for any VISA Check returned.  

5. CLOSING YOUR ACCOUNT. You may close your Account any time in person, by telephone or by notifying us in writing. Notice by any one of you is 
effective to close your Account for all of you. If you close your Account, you will still be required to pay any amounts you owe us, including Purchases, 
other charges, and Cash Advances that have not been billed to you yet. If someone else is authorized to use your Account and you want to end that 
person’s privilege, you must let us know in writing and we have a reasonable opportunity to act on that notice before transactions by that person shall be 
deemed “unauthorized.” If he or she has a Card or VISA Check, you must return the Card and VISA Checks with your written notice. If you are unable to 
return  that  person’s  Card  and  VISA  Checks,  we  will  close  the  Account  and  both  you  and  the  authorized  user  of  your  Account  may  apply  for  a  new 
Account. If we close the Account, you and the authorized user will still be liable, individually and together, for all amounts charged to your Account.  

Except where specific notice is required by law, we can cancel your Account any time by telephone or by writing to you at the address shown 
on our billing records. You will still be required to pay any amounts you owe us, including Purchases, other charges, and Cas h Advances that have not 
been billed to you yet. You are also required to return all Cards and VISA Checks to us.  

6. CREDIT INFORMATION. You authorize us to investigate your credit starting 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 or by federal or state law. You will furnish us promptly on request from time to time updated information regarding your financial 
condition.  

7. MONTHLY PAYMENT. We will mail you a statement every month showing your 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, or pay 
the Total New Balance in full, and you will reduce or eliminate the FINANCE CHARGE by doing so. On a Visa Platinum Premier and  Visa Signature 
Card, the Minimum Payment will be either (a) 2% of your Total New Balance, or $15.00, whichever is greater, or (b) your Total New Balance, if it is less 
than  $15.00.  On  a  Visa  Platinum  Basic  or  Visa  Platinum  Secured  card,  the  Minimum  Payment  will  be  either  (a)  3%  of  your  Total  New  Balance,  or 
$15.00, whichever is greater, or (b) your Total New Balance if it is less than $15.00. The Minimum Payment will be rounded off to the next whole dollar.  

Payments made to your Account will be applied in the following order: Payments in excess of the Minimum Payment Due will be applied in 
accordance  with  the  law  and  payments  equal  to  or  less  than  the  Minimum  Payment  Due  will  be  applied  at  our  discretion.    All  communications  to 
ANDREWS FEDERAL concerning disputed debts, including a check or other instrument sent by you in full satisfaction of your indebtedness, must be 
sent  to:  Andrews  Federal  Credit  Union,  5711  Allentown  Road,  Suitland,  Maryland  20746  (Attention:  Operations  Department).  For  ACH  (automatic 
clearing house) payment in full, the payoff balance is calculated on the previous month’s ending balance less current cycle payments.  

8. FINANCE CHARGES ON PURCHASES. No FINANCE CHARGE will be charged on Purchases if you pay the entire New Balance of Purchases each 
month within 25 days of your statement closing date. Otherwise, the amount of any Purchase will bear FINANCE CHARGES from the date it is posted to 
your Account.  

On each billing date, we figure the FINANCE CHARGE on your Purchases by applying the “Current Monthly Periodic Rate” to the “Average 
Daily Purchases Balance.” To get the Average Daily Purchases Balance we take the beginning Purchases Balance each day, subtract any payments or 
credits, and add new Purchases and other charges provided for in this Agreement. We do not include unpaid FINANCE CHARGES. This gives us the 
“Daily Purchases Balance.” Then, we add all the Daily Purchases Balances for the billing cycle together and divide the total by the number of days in the 
billing cycle. This gives us the Average Daily Purchases Balance.  

9.  FINANCE  CHARGES  ON  CASH  ADVANCES.  On  each  billing  date,  we  figure  the  FINANCE  CHARGE  on  your  Cash  Advances  by  applying  the 
Current Monthly Periodic Rate to the “Average Daily Cash Advance Balance.” A Cash Advance will bear FINANCE CHARGES from the transaction date. 
To  get  the  Average  Daily  Cash  Advance  Balance,  we  take  the  beginning  Cash  Advance  Balance  each  day,  add  new  advances  and  subtract  any 
payments or credits. We do not include unpaid FINANCE CHARGES. This gives us the Daily Cash Advance Balance. Then, we add together all the 
Daily Cash Advance Balances for the billing cycle and divide the total by the number of days in  the billing cycle. This gives us the Average Daily Cash 
Advance Balance.  

10. FINANCE CHARGES. On Visa Platinum Premier, Visa Signature or Basic, the ANNUAL PERCENTAGE RATE (APR) will increase or decrease as 
the Prime Rate (as defined below) in effect on the 1st of December each year (the Index) increases or decreases.  Any increase or  decrease in the 
Index and resulting change to your ANNUAL PERCENTAGE RATE will be effective as of the 1st day of your next billing cycle and  will apply: (a) to all 
Purchases,  Balance  Transfers  and  Cash  Advances  made  on  or  after  the  effective  date  and  (b)  to  any  prior  account  balance  outstanding  as  of  the 
effective  date.    In  this  way,  the  ANNUAL  PERCENTAGE  RATE  will  not  increase  more  than  once  a  year.  The  ANNUAL  PERCENTAGE  RATE  (the 
standard rate) for purchases, balance transfers and cash advances are shown on the enclosed Credit and Fee Disclosure that is part of this Agreement.  
For  Visa  Platinum  Premier,  this  standard  rate  is  determined  by  adding  a  margin  of  4.74%,  8.74%  or  11.74%  to  the  Index.  For  Visa  Signature,  this 
standard rate is determined by adding a margin of 2.74% to the Index. For Visa Platinum Basic, this standard rate is determined by adding a margin of 
18.0% to the Index.  The rate on the account will not exceed 18.0% APR.  Each increase and decrease may have the effect of increasing or decreasing 
your Minimum Payment. 

On Visa Platinum Secured, the ANNUAL PERCENTAGE RATE will increase or decrease as the Prime Rate (as defined below) in effect on the 
15th  of  December,  March,  June and  September  each  year  (the  Index)  increases  or  decreases.   Any  increase  or  decrease  in  the  Index  and  resulting 
change to your ANNUAL PERCENTAGE RATE will be effective as of the  1st day of your new billing cycle in the month immediately following a change 
in the Index (that is, as of the 1st day of your new billing cycle that begins in January, April, July and October (called, respectively the “Effective Date”)) 
and  will  apply:  (a)  to  all Purchases,  Balance  Transfers  and  Cash Advances made  on  or  after the  effective  date  and  (b) to  any  prior  account  balance 
outstanding  as  of  the  effective  date.    In  this  way,  the  ANNUAL  PERCENTAGE  RATE  will  not  increase  more  than  four  times  a  year.  The  ANNUAL 
PERCENTAGE RATE (the standard rate) for purchases, balance transfers and cash advances are shown on the enclosed Credit and Fee Disclosure 
that is part of this Agreement.  For Visa Platinum Secured this standard rate is determined by adding a margin of 11.25% to the Index.  The rate on the 
account will not exceed 18.0% APR. Each increase and decrease may have the effect of increasing or decreasing your Minimum Payment. 

As used in this Agreement, the “Prime Rate” in effect on any day is the per annum rate reported at large U.S. money center commercial banks 
in The Wall Street Journal in its Money Rates section, a compilation of key United States and foreign annual interest rates.   If more than one Prime Rate 
is reported, the highest rate reported shall be the Prime Rate.  If no Prime Rate is reported on such day, the Prime Rate is the per annum rate next 
reported after such day as the Prime Rate at large U.S. money center commercial banks in The Wall Street Journal’s Money Rates section.  The Index is 
available to you and verifiable by you at any of our offices.  If the Index becomes unavailable, we may, at our option, choose another Index, made readily 
available to and verifiable by you and beyond our control, and change the Margin used.  If this happens, the substitute Index will, for the purposes of this 
Agreement,  be  considered  to  be  the  “Index”.  FINANCE  CHARGES  shall  continue  to  accrue  at  the  foregoing  rates  until  you  pay  your  Account  as 
described above or we get a judgment against you and are required by law to charge a lower rate. 
11. FEES. You agree to pay certain fees in connection with your Account as shown on the enclosed Credit and Fee Disclosure that is part of this 
Agreement. These fees may be added to your Account as a Purchase when they are imposed.  
12. DEFAULT. In addition to other events of default stated in the Agreement, you will be in default of this Agreement if (i) you do not make any required 
payment by the date it is due, or if you fail to comply with or perform any of the terms, conditions, or provisions of this Agreement; (ii) you begin, or any 
other person puts you in, a bankruptcy, insolvency, or receivership proceeding; (iii) you have furnished to us any credit information that is materially 
incorrect in any respect; (iv) you attempt to make Purchases or Cash Advances in excess of your credit limit without our permission; (v) become 
incompetent or die; or (vi) if you fail to perform on any other agreements with us. We have the right to demand immediate payment of your full Account 
balance if you default, subject to our giving you any notice required by law. Unless prohibited by law, you will also be required to pay our collection 
expenses, including court costs and reasonable attorney’s fees. Our failure to exercise any of our rights when you default does not mean that we are 
unable to use those rights later with regard to that or another default. We can accept late payments or partial payments without losing any of our rights 
under this Agreement.  

 
 
 
13. NOTICES. Notice sent to any one of you will be considered notice to all. Any notices we give you shall be in writing and deemed given when 
deposited in the U.S. mail, with postage prepaid and addressed to you at your last known address in our records for your Account or when sent by e-
mail (if you use our Internet banking services) to your last known internet address. Your notices to us must be in writing and sent to the address shown 
in your most recent billing statement or as otherwise specified in this Agreement. If a specific notice period or type of notice is required by applicable law, 
the notice will be made and will be binding in accordance with such law.  
14. 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 a 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 rate may vary from the rate VISA itself receives, or the government mandated rate in effect for the 
applicable central processing date, in either case, plus 1% of the amount of the foreign currency purchase or cash advance after its conversion into U.S. 
dollars. The exchange rate in effect on the central processing date may differ from the rate in effect on either the transaction date or the posting date. 
The exchange rate is subject to change by VISA.  
15. TELEPHONE MONITORING. To ensure that you received accurate and courteous customer service, on occasion, your call may be monitored by 
our employees or agents and you agree to any such monitoring.  
16. PLAN MERCHANT DISPUTES. We are not liable for the refusal of any plan merchant or financial institution to honor your Card and/or VISA Check. 
17. SECURITY. Pursuant to the Credit Card Application, you grant Andrews Federal Credit Union (“Andrews FCU”), on any credit extended or cash 
advanced under this credit card account, a security interest in any and all of your Andrews FCU share accounts, deposits, and payments (collectively 
referred to as “SHARE ACCOUNTS”), whether held jointly or individually, up to the amount of your outstanding credit card account balance. Further, you 
give express consent to enable Andrews FCU to include any otherwise statutorily protected funds that may not otherwise be available by legal process, 
to liquidate any Andrews FCU indebtedness, owed by you or any person who is listed as a joint owner on your credit card accounts with Andrews FCU, 
including a deceased joint owner. Andrews FCU may take such action without further notice to you or any joint owner. In regard to those funds that have 
a statutory protection you understand that you may withdraw your express consent for Andrews FCU to apply such funds to pay any such indebtedness 
by notifying Andrews FCU in writing. If your consent is withdrawn, Andrews FCU may in its sole discretion terminate any and all services that you have 
with Andrews FCU. In addition, the conditions of the Credit Card Application are incorporated into the terms of this Agreement.  
18. BILLING ADDRESS. If your Account is a joint account or if more than one person is permitted to use the Account, you agree that all notices 
regarding the Account may be sent solely to the address shown on our billing records. You agree to give us written notice of any change in your billing 
address. You may do this when you mail us a payment or you may send the notice to us in a separate letter.  
19. EFFECT OF AGREEMENT AND AMENDMENTS. This Agreement governs all transactions on your Account even though the sales, Cash Advance, 
credit, or other slips you sign or receive may contain different terms. We may amend the terms of this Agreement at any time. If we do so, we will notify 
you in writing in accordance with applicable law. Except as limited by applicable law, any amendment will apply to all then outstanding unpaid 
indebtedness on your Account prior to the effective date of the amendment. Any such amendment will not require your written consent, and will become 
effective as stated in the notice, but your consent (if required by applicable law) may be evidenced by your use of the Card or VISA Check after we give 
you notice of the amendment. We may at any time add new credit services, discontinue any credit services, or replace your Card and/or VISA Checks 
with others. We extend credit under Subtitle 9 of Title 12 of the Commercial Law Article of the Annotated Code of Maryland except to the extent pre-
empted by federal law. This Agreement is governed by the internal laws of Maryland and federal law. 
20. VISA PLATINUM and VISA SIGNATURE REWARD CARD POINTS. Earned points will expire at the end of four years. 

YOUR BILLING RIGHTS 
KEEP THIS NOTICE FOR FUTURE USE 
This notice contains important information about your rights and our responsibilities under the Fair Credit Billing Act. 

NOTIFY US IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR BILL 
If you think your bill is wrong, or if you need more information about a transaction on your bill, write us on a separate sheet at the address listed on your 
bill. Write to us as soon as possible. We must hear from you no later than 60 days after we sent you the first bill on which the error or problem appeared. 
You can telephone us at 1-800-654-7728, but doing so will not preserve your rights.  

In your letter, give us the following information:  

(cid:127)   Your name and account number.  

(cid:127)   The dollar amount of the suspected error.  

(cid:127)   Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe the item you are not sure about.  

If you have authorized us to pay your credit card bill automatically from your savings or share draft account, you can stop payment on any amount you 
think is wrong. To stop the payment your letter must reach us three business days before the automatic payment is scheduled to occur.  

YOUR RIGHTS AND OUR RESPONSIBILITIES AFTER WE RECEIVE YOUR WRITTEN NOTICE 

We must acknowledge your letter within 30 days, unless we have corrected the error by then. Within 90 days, we must either correct the error or explain 
why we believe the bill was correct.  

After we receive your letter, we cannot try to collect any amount you question, or report you as delinquent. We can continue  to bill you for the amount 
you question, including finance charges, and we can apply any unpaid amount against your credit limit. You do not have to pay any questioned amount 
while we are investigating, but you are still obligated to pay the parts of your bill that are not in question.  

If we find that we made a mistake on your bill, you will not have to pay any finance charges related to any questioned amount. If we did not make a 
mistake, you may 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 days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your bill. And, we must tell 
you the name of anyone we reported you to. We must tell anyone we report you to that the matter has been settled between us when it finally is.  

If we do not follow these rules, we cannot collect the first $50 of the questioned amount, even if your bill was correct.  

SPECIAL RULE FOR CREDIT CARD PURCHASES 

If  you  have  a  problem  with  the  quality  of  property  or  services  that  you  purchased  with  a  credit  card  and  you  have  tried  in  good  faith  to  correct  the 
problem with the merchant, you may have the right not to pay the remaining amount due on the property or services. There are  two limitations on this 
right:  

(a) You must have made the purchase in your home state or, if not within your home state, within 100 miles of your current mailing address; and  

(b) The purchase price 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 for the property or services. 

M-113506 

 
 
 
 
 TITANIUM VISA SIGNATURE CREDIT CARD 
CREDIT & FEE DISCLOSURE (VARIABLE RATE) 

Interest Rate and Interest Charges 

Annual Percentage Rate (APR) 
for Purchases 

APR for Balance Transfers 

APR for Cash Advances 

Paying Interest  

0% introductory APR for 12 months on purchases made within 90 days of 
account opening. 
After that, your APR will be 5.99%. This APR will vary with the market 
based on the Prime Rate.                       
0% introductory APR for 12 months on balance transfers processed within 
90 days of account opening. 
After that, your APR will be 5.99%. This APR will vary with the market 
based on the Prime Rate. 

Your APR will be 5.99%. This APR will vary with the market based on 
the Prime Rate.                       

Your due date is at least 25 days after the close of each billing cycle.  We will 
not charge you any interest on purchases if you pay your entire balance by the 
due date each month.   We will begin charging interest on cash advances and 
balance transfers on the transaction date. 

Minimum Interest Charge 

None 

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 

Fees 

Annual Fee 
Transaction Fees 

• 

Foreign Transaction 

Balance Transfer Fee 

Penalty Fees 

• 
Late Payment 
•  Returned Payment 

$59 after one year 

No fee 
1.5% of the balance transfer amount or $50.00 whichever is greater 

Up to $25.00 
Up to $25.00 

How We Will Calculate Your Balance:  We use a method called “average daily balance” (including new 
purchases).  See your Disclosure Statement and Agreement for more details. 

Effective Date: January 1, 2016