Annual Percentage Rate 36.0%
(APR) for Purchases

APR for Cash Advances 36.0%

Your due date is at least 27 days after the close of each billing cycle. We will not charge you interest
on purchases if you pay your entire balance by the due date each month. We will begin charging
interest on cash advances on the transaction date.

If you are charged interest, the charge will be no less than $1.00.

To learn more about factors to consider when applying for or using a credit card, visit the website of
the Federal Reserve Board at http://www.federalreserve.gov/creditcard.

Paying Interest

Minimum Interest
Charge

For Credit Card Tips
from the Federal
Reserve Board

Set-up and
Maintenance
Fees

‘ Processing Fee

$25.00 (one-time fee)

‘ Annual Fee

$150.00

for first year; after first year,

$49.00

annually

‘ Monthly Servicing Fee None

for first year; after first year,

$174.00

annually ($14.50 per month)

Transaction Fees

‘ Cash Advance

Either

$6.00

or

5%

of the amount of each cash advance, whichever is greater.

‘ Foreign Currency

3% for each transaction in U.S. dollars.

Penalty Fees

‘ Late Payment

Up to $35.00

‘ Return Item Charge

Up to $35.00

How We Will Calculate Your Balance: We use a method called 'average daily balance (including current transactions).'
See your Account Opening Disclosures for more details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those
rights is provided in your Credit Card Contract and on the back of your Statement.

 
                                                                                                                                                               
                                                                                                   
  
  
  
  
Processing Fee: We require a one-time up front Processing Fee of $25.00 to be paid in full before the Credit Account is opened to offset the risk associated with the Credit
Account. Refer to the Refund Disclosure for additional information.
Available Credit Limitations: Once the entire Processing Fee has been paid in full your Credit Account will be opened and you will have access to your initial Available
Credit.

FEES AND INTEREST CHARGES:

FEES AND INTEREST CHARGES: The amount of required fees assessed on your Credit Account during the first year of account opening will not be more than 25% of
your initial Credit Limit. Your Credit Account is subject to the following fees and
Periodic INTEREST CHARGES: INTEREST CHARGES are imposed when you obtain a Cash Advance and when a Purchase is posted to your Credit Account.
INTEREST CHARGES are imposed from the time a Purchase is posted until it is paid in full. However if you pay your previous balance in full on or before the Payment Due
Date shown on your previous Statement, you will have a grace period on Purchases of 27 days (from the Statement Closing Date to the Payment Due Date) and your current
to the extent you pay the current Statement in full on or before the Payment Due Date. There is no
Purchases balance will not be subject to periodic
grace period for transactions that post to your Credit Account as Cash Advances. These transactions are subject to
from the date of the transaction.
Computing Periodic INTEREST CHARGES:
is determined by multiplying the "Average Daily Balance" for Purchases and for Cash Advances
outstanding during the monthly Billing Cycle by the monthly "Periodic Rate". The monthly Periodic Rate for Purchases and for Cash Advances is determined by dividing the
ANNUAL PERCENTAGE RATE (APR)
PERCENTAGE RATE
Account as well as Purchases and Cash Advances.

by 12. The Monthly "Periodic Rate" for Purchases is 3% and for Cash Advances is 3%. This is equivalent to an

This ANNUAL PERCENTAGE RATE will be applied to fees assessed to your Credit

, each of which will be billed to your Credit Account as a Purchase.

of 36.0% for Purchases and 36.0% on Cash Advances.

INTEREST CHARGES

INTEREST CHARGES

INTEREST CHARGES

INTEREST CHARGE

ANNUAL

The

The minimum

INTEREST CHARGE

is $1.00 for each Billing Cycle during which an

The "Average Daily Balance" is computed by taking the beginning balance of your Credit Account on each day, calculated separately for Purchases and Cash Advances,
adding new Purchases and/or Cash Advances and subtracting any payments or credits to get each day's daily balance. The daily balances are then added together and
divided by the number of days in the Billing Cycle to get the "Average Daily Balance".
Minimum INTEREST CHARGE:
imposed. During the first 12 months your Credit Account is open, any interest assessed on the Credit Account will be equal to the actual accrued interest.
Annual Fee: We impose an Annual Fee on your Credit Account of $150.00 for the first year, and $49.00 for each subsequent year. The Annual Fee will be charged once
the Credit Account is opened, and in about the same Billing Cycle of each following year. Refer to the Refund Disclosure for additional information.
Monthly Servicing Fee: Your Credit Account will be charged a Monthly Servicing Fee of $14.50 per month ($174.00 annually) until your Credit Account is closed and the
balance is $20.00 or less. This fee will not be assessed in the first 12 months your Credit Account is open.
Cash Advance Fee:
whichever is greater. This fee will not be assessed to Cash Advances taken in the first 12 months your Credit Account is open.
Foreign Currency Transaction Fee: 3% of the Transaction Amount in U.S. dollars. This fee will not be assessed to foreign transactions made in the first 12 months your
Credit Account is open.
Late Fee: In every Billing Cycle in which your payment is late, you will be charged a Late Fee up to $35.00.
Return Item Charge: We impose a Return Item Charge up to $35.00 when a payment on your Credit Account is returned by the financial institution on which it was drawn
for insufficient funds or any other reason. The charge may be imposed even if we elect to re-present the item and it is paid upon our re-presentment.

on Cash Advances, there is an additional fee of $6.00 or 5% of the amount of each Cash Advance,

based on a periodic rate is

In addition to the periodic

INTEREST CHARGE

INTEREST CHARGE

OTHER CHARGES:
Additional Card Fee: If you authorize us to issue an additional Card on the Credit Account there is an Additional Card Fee of $29.00 imposed annually for each additional
Card.
Credit Limit Increase Fee: Each time your Credit Account is eligible for and approved for an unsecured credit limit increase, a Credit Limit Increase Fee in the amount of
25% of the amount of the credit limit increase will be assessed to your Credit Account. For example: If approved for a $100.00 credit limit increase, a $25.00 Credit Limit
Increase Fee will be assessed to your Credit Account, which will result in an additional available credit of $75.00 on your Credit Account. This fee is automatically assessed
upon approval of your credit limit increase, which could be as soon as your Credit Account has been open for 13 months. Refer to the Refund Disclosure for additional
information.
Copying Fee: If you request a duplicate of any sales draft, Statement, or other document, we will charge you $3.00 for each copy we provide.
Credit Insurance: Disability and loss of income insurance is not required.
Express Delivery Fee: We impose a $35.00 fee for the express delivery of your Card. This service is only available for lost, stolen, or replacement Cards.
Wire Transfer Fee: $5.00 per Transaction.
Minimum Payment: Cutoff Time and Form of Payment: Each month that a New Balance is due, you must pay us at least the Amount Due This Period and Past Due
Amount as shown on your Statement. We must receive your payment on or before the Payment Due Date shown on your Statement. Payment(s) received in Proper Form,
will be credited as of the date of receipt at the address on the payment coupon of your Statement if received by 5:00 pm Central Time, Monday through Friday (federal
holidays excluded). Payments not received in Proper Form may delay the posting to your Credit Account. The Payment Due Date will be at least 27 days from the Closing
Date. Your Payment Due Date will be the same numeric date each month.

If your New Balance exceeds $30.00, the
dollar), or $30.00 whichever is more (or the entire New Balance, if the New Balance is less than $30.00), and (ii) any
Minimum Amount Due
requested on your Statement will not, by itself, cause your Credit Account to be delinquent. You may pay your entire balance at any time.

on your Statement will also include the amount by which the New Balance exceeds your Credit Limit. Failure to pay the

Past Due Amount

Total Minimum Amount Due

will be the sum of (i) 7% of your New Balance at the end of the Billing Cycle (rounded up to the next

. The amount requested as the
Amount Over Limit Due

Total
as

See the Credit Card Contract for further information regarding this
Credit Account. Retain these important documents.

Prohibition on Gambling and Illegal Transactions: Your Card and Credit 
Account  may  not  be  used  in  connection  with  any  gambling  transaction 
(whether  legal  or  illegal).  Also,  your  Card  and  Credit  Account  may  be 
used only for valid and lawful purposes. If you use, or allow someone else 
to use your Card or Credit Account for any unlawful purpose or for any 
gambling transaction, you will be responsible for such use and may be 
required to reimburse us for all amounts or expenses we pay as a result 
of such use.
Call Recording: We reserve the right to monitor and/or record telephone 
calls  for  quality  and  training  purposes.  This  includes  both  calls  to  and 
originated by First PREMIER Bank, PREMIER Bankcard, LLC, or any of 
our affiliates or service providers.

YOUR BILLING RIGHTS
KEEP THIS DOCUMENT FOR FUTURE USE
This notice tells you about your rights and our responsibilities under 
the Fair Credit Billing Act.
What To Do If You Find A Mistake On Your Statement: If you think there 
is an error on your statement, write to us at:
     First PREMIER Bank
     P.O. Box 5524
     Sioux Falls, SD 57117-5524
(You may also contact us on the Web:  www.firstpremier.com.)
In your letter, give us the following information:
• Account information: Your name and Credit Account Number.
• Dollar amount: The dollar amount of the suspected error.
• Description of problem: If you think there is an error on your bill, describe 
what you believe is wrong and why you believe it is a mistake.
You must contact us:
• Within 60 days after the error appeared on your Statement.
• At least 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 (or electronically). You 
may call us, but if you do we are not required to investigate any potential 
errors and you may have to pay the amount in question.
What  Will  Happen After  We  Receive Your  Letter:  When  we  receive 
your letter, we must do two things:
(1) Within 30 days of receiving your letter, we must tell you that we received 
your letter. We will also tell you if we have already corrected the error.
(2) Within 90 days of receiving your letter, we must either correct the error 
or explain to you why we believe the bill is correct.
While we investigate whether or not there has been an error:
•  We  cannot  try  to  collect  the  amount  in  question,  or  report  you  as 
delinquent on that amount.
• The  charge  in  question  may  remain  on  your  Statement,  and  we  may 
continue to charge you interest on that amount.
• While you do not have to pay the amount in question, you are responsible 
for the remainder of your balance.
• We can apply any unpaid amount against your credit limit.
After we finish our investigation, one of two things will happen:
• 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.
• 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.
If you receive our explanation but still believe your bill is wrong, you must 
write to us within 10 days telling us that you still refuse to pay. If you do 
so, we cannot report you as delinquent without also reporting that you are 
questioning your bill. We must tell you the name of anyone to whom we 

reported  you  as  delinquent,  and  we  must  let  those  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.
Your Rights If You Are Dissatisfied With Your Credit Card Purchases: 
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:
(1) The Purchase must have been made in your home state or within 100 
miles of your current mailing address, and the Purchase price must have 
been  more  than  $50.00.    (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.)  
(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 Account do not qualify.
(3)  You must not yet have fully paid for the Purchase.
If all of the criteria above are met and you are still dissatisfied with the 
Purchase, contact us in writing (or electronically) at:
     First PREMIER Bank
     P.O. Box 5524
     Sioux Falls, SD 57117-5524
     www.firstpremier.com 
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. 
Your  Liability  for  Unauthorized  Use  of  Your  Credit  Account:  You 
will  not  be  liable  for  unauthorized  use  of  your  Card  or  Credit Account. 
However, to protect your rights, you are required to notify us orally or in 
writing as soon as you are aware that your Card or Credit Account has 
been lost, stolen or used without your consent. Certain exceptions apply 
and you may be liable for up to $50.00. To notify us of the loss, theft or 
possible  unauthorized  use  of  your  Card,  call  us  at  1-800-987-5521,  24 
hours a day. 

STATE DISCLOSURES
California Residents: A married applicant may apply for a separate Credit 
Account. As required by law, you are hereby notified that a negative credit 
reporting reflecting on your credit record may be submitted to a Consumer 
Reporting Agency if you fail to fulfill the terms of your credit obligations. 
After credit approval, each applicant shall have the right to use the Credit 
Account up to the limit of the Credit Account. Each applicant may be liable 
for amounts extended under the plan to any joint applicant.
Delaware Residents: Service charges not in excess of those permitted by 
law will be charged on the outstanding balances from month to month.
Kentucky  Residents:  You  may  pay  the  unpaid  balance  of  your  Credit 
Account in whole or in part at any time.
Maine Residents: Credit insurance provided herein is voluntary and you 
have the right to cancel such credit insurance at any time.
New  York  and  Vermont  Residents:  First  PREMIER  Bank  may  obtain 
a  consumer  report  for  any  legitimate  purpose  in  connection  with  your 
Credit Account or your application, including but not limited to reviewing, 
modifying,  renewing  and  collecting  on  your  Credit Account.  Upon  your 
request,  we  (First  PREMIER  Bank)  will  inform  you  of  the  names  and 
addresses of any Consumer Reporting Agencies that have furnished the 
reports.    New York  residents  may  contact  the  New York  State  Banking 
Department (1-877-226-5697) to obtain a comparative list of credit card 
rates, fees and grace periods.

Ohio  Residents:  The  Ohio  laws  against  discrimination  require  that  all 
creditors make credit equally available to all credit worthy customers, and 
that  Consumer  Reporting  Agencies  maintain  separate  credit  histories 
on  each  individual  upon  request.  The  Ohio  Civil  Rights  Commission 
administers compliance with this law.
Married  Wisconsin  Residents:  No  provision  of  any  marital  property 
agreement, unilateral statement, or court order applying to marital property 
will adversely affect a creditor’s interests unless prior to the time credit is 
granted, the creditor is furnished with a copy of the agreement, statement, 
or court order, or has actual knowledge of that provision.

ARBITRATION AND LITIGATION
This Arbitration Provision (“Provision”) facilitates the prompt and efficient 
resolution of any disputes that may arise between you and us. Arbitration 
is  a  form  of  private  dispute-resolution  in  which  persons  with  a  dispute 
waive their rights to file a lawsuit, to proceed in court and to a jury trial, 
and instead submit their disputes to a neutral third person (an arbitrator) 
for a binding decision. You have the right to opt out of this Provision, which 
means you would retain your right to litigate your disputes in a court, either 
before a judge or jury. To exercise your right to opt out you must provide 
us with written notice no later than 30 days after your Credit Account is 
first opened. If we do not receive your written notice within that time frame, 
your rights to opt out will terminate, and you agree that the provisions of 
this section will apply.
PLEASE READ THIS PROVISION CAREFULLY. IT PROVIDES THAT ALL 
DISPUTES ARISING OUT OF OR CONNECTED TO THIS CONTRACT 
SHALL  BE  RESOLVED  BY  BINDING  ARBITRATION.  ARBITRATION 
REPLACES  THE  RIGHT  TO  GO  TO  COURT.  IN  THE  ABSENCE  OF 
THIS ARBITRATION AGREEMENT,  YOU AND  WE  MAY  OTHERWISE 
HAVE  HAD  A  RIGHT  OR  OPPORTUNITY  TO  BRING  CLAIMS  IN  A 
COURT,  BEFORE A  JUDGE  OR  JURY AND/OR  TO  PARTICIPATE  IN 
OR  BE  REPRESENTED  IN  A  CASE  FILED  IN  COURT  BY  OTHERS 
(INCLUDING,  BUT  NOT  LIMITED  TO,  CLASS  ACTIONS).  EXCEPT 
AS  OTHERWISE  PROVIDED,  ENTERING  INTO  THIS  AGREEMENT 
CONSTITUTES  A  WAIVER  OF  YOUR  RIGHT  TO  LITIGATE  CLAIMS 
AND ALL OPPORTUNITY TO BE HEARD BY A JUDGE OR JURY.
Parties  and  Matters  Subject  to  Arbitration:  For  purposes  of  this 
Provision,  “you”  and  “us”  include  the  employees,  parents,  subsidiaries, 
affiliates, beneficiaries, agents and assigns of you and us. For purposes 
of  this  Provision,  “Claim”  means  any  claim,  dispute  or  controversy  by 
either  you  or  us,  arising  out  of  or  relating  in  any  way  to  this  Contract, 
this Provision (including claims regarding the applicability, enforceability 
or validity of this Provision), your Credit Account, any transaction on your 
Credit Account and our relationship. “Claim” also refers to any interaction 
or communication between you and us that occurred prior to or concurrent 
with  entering  into  this  Contract,  including  those  now  in  existence, 
regardless  of  present  knowledge.  “Claim”  shall  refer  to  claims  of  every 
kind and nature, including, but not limited to, initial claims, counterclaims, 
cross-claims and third party claims. All Claims are subject to arbitration, 
regardless of legal theory and remedy sought, including, but not limited to, 
claims based in contract, tort (including negligence, intentional tort, fraud 
and fraud in the inducement), agency, statutory law (federal and state), 
administrative regulations or any other source of law (including equity).
Agreement  to  Arbitrate:  Any  Claim  arising  out  of  or  relating  to  this 
Contract,  or  the  breach  of  this  Contract  or  your  Credit  Account,  shall 
be resolved and settled exclusively and finally by binding arbitration, in 
accordance with this Provision. Binding arbitration shall not be required, 
however,  for  collection  actions  by  us  relating  to  your  Credit  Account. 
Furthermore,  both  you  and  we  retain  the  right  to  pursue  in  a  small 
claims  court  any  Claim  that  is  within  that  court’s  jurisdiction,  provided 
the Claim proceeds on an individual basis. However, only a court of law, 
not an arbitrator, shall determine the validity and effect of this Provision’s 

prohibition of class arbitration. For any Claims covered by this Provision, 
a party who asserted a Claim in a lawsuit in court may elect arbitration 
with respect to any Claim subsequently asserted in that lawsuit by any 
other party.
Voluntary  Waiver  of  the  Right  to  a  Jury  Trial  and  Class  Action 
Participation: As a result of this Provision, neither you nor we have the 
right to litigate any Claim in court or the right to a jury trial on any Claim, 
except as provided above. YOU AGREE THAT YOU ARE VOLUNTARILY 
AND KNOWINGLY WAIVING ANY RIGHT YOU MAY HAVE TO GO TO 
COURT  OR  TO  HAVE  A  JURY  TRIAL.  FURTHERMORE,  NEITHER 
YOU  NOR  WE  MAY  SERVE  AS  A  REPRESENTATIVE,  A  PRIVATE 
ATTORNEY  GENERAL,  OR  IN  ANY  OTHER  REPRESENTATIVE 
CAPACITY. SIMILARLY, NEITHER YOU NOR WE MAY PARTICIPATE 
AS A MEMBER OF A CLASS OF CLAIMANTS IN A LAWSUIT OF ANY 
CLAIM.
Prohibition of Class Arbitration: All Claims shall be resolved by binding 
arbitration on an individual basis. Claims made and remedies sought as 
part  of  a  class  action,  private  attorney  general  or  other  representative 
action  are  subject  to  arbitration  on  an  individual  (non-class,  non-
representative) basis. Therefore, the arbitrator has no authority to conduct 
class-wide  proceedings  and  will  be  restricted  to  resolving  individual 
Claims. UNDER THIS ARBITRATION PROVISION THERE IS NO RIGHT 
OR AUTHORITY FOR ANY CLAIMS TO BE ARBITRATED ON A CLASS 
BASIS.  Arbitration  will  only  be  conducted  on  an  individual  Claim  basis 
and there is no right or authority to consolidate or join any of your Claims 
with  any  other  Claims.  YOU AGREE  THAT  YOU ARE  VOLUNTARILY 
AND  KNOWINGLY  WAIVING  ANY  RIGHT  TO  PARTICIPATE  AS  A 
REPRESENTATIVE  OR  MEMBER  OF  ANY  CLASS  OF  CLAIMANTS 
PERTAINING  TO  ANY  CLAIM  SUBJECT  TO  ARBITRATION  UNDER 
THIS PROVISION.
Governing  Law:  This  agreement  to  arbitrate  is  made  pursuant  to  a 
transaction involving interstate commerce and shall be governed by the 
Federal Arbitration Act, 9 U.S.C. §§ 1-16, as it may be amended. If for any 
reason the Federal Arbitration Act does not apply, the substantive law of 
the State of South Dakota shall govern this Provision.
Arbitration Location and Procedure: Any arbitration hearing at which 
you wish to appear will take place at a location within the federal judicial 
district  that  includes  your  billing  address  at  the  time  the  Claim  is  filed. 
The  party  bringing  the  Claim  may  file  its  Claim  at  any  of  two  national 
arbitration  organizations:  the  National Arbitration  Forum  (“NAF”),  or  the 
American  Arbitration  Association  (“AAA”).  The  arbitration  organization 
that is selected will administer the arbitration pursuant to its procedures in 
effect at the time of filing, subject to this Provision. In the event of a conflict 
or  inconsistency  between  the  respective  organization’s  rules  and  this 
Provision, this Provision shall govern. The arbitration will be conducted 
before  a  single  arbitrator,  whose  authority  is  limited  solely  to  individual 
Claims between you and us. The arbitration will not be consolidated with 
any other arbitration proceeding. Any decision rendered in such arbitration 
proceeding will be final and binding on the parties and judgment may be 
entered in a court of competent jurisdiction. The rules and forms of each 
respective organization may be obtained as follows: National Arbitration 
Forum,  (1-800-474-2371),  P.O.  Box  50191,  Minneapolis,  MN  55405, 
website at www.arb-forum.com; American Arbitration Association, (1-800-
778-7879), 335 Madison Avenue, Floor 10, New York, NY 10017, website 
at www.adr.org.
Arbitrator’s  Authority:  The  arbitrator  shall  apply 
the  applicable 
substantive  law,  consistent  with  the  Federal Arbitration Act;  shall  apply 
statutes  of  limitation;  and  shall  honor  claims  of  privilege  recognized  at 
law. In conducting the arbitration proceeding, the arbitrator shall not apply 
any federal or state rules of civil procedure or evidence. PURSUANT TO 
THIS ARBITRATION PROVISION, THERE IS NO RIGHT TO ENGAGE 

IN  PREARBITRATION  DISCOVERY  EXCEPT AS  PROVIDED  FOR  IN 
THE  RULES  AND  PROCEDURES  OF  THE  RESPECTIVE  CHOSEN 
NATIONAL  ARBITRAL  ORGANIZATION.  Either  party  may,  however, 
request  to  expand  the  scope  of  discovery.  If  a  request  is  made,  within 
15 days of the requesting party’s notice, the objecting party may submit 
objections to the arbitrator with a copy of the objections provided to the 
party requesting expansion. The grant or denial of a party’s request will 
be in the sole discretion of the arbitrator, who shall notify the parties of the 
final decision within 20 days of the objecting party’s submission.
The Arbitrator’s Award:  The  arbitrator  has  the  ability  to  award  to  the 
prevailing  party  all  remedies  available  at  common  law,  by  statute  or  in 
equity,  including  injunctive  relief,  declaratory  relief,  arbitration  costs 
and  attorney  fees.  The  arbitrator  shall  not,  however,  have  authority  to 
award any punitive damages. YOU AND WE AGREE THAT PUNITIVE 
DAMAGES ARE NOT RECOVERABLE
IN  ANY  ARBITRATION  OR  OTHER  PROCEEDING  UNDER  THIS 
CONTRACT.  For  awards  not  in  excess  of  $5,000.00,  upon  the  timely 
request of any party, the arbitrator shall provide a brief written explanation 
of the basis for the award. In the event an award exceeds $5,000.00, or 
in  which  there  is  a  request  for  equitable  relief  with  a  potential  financial 
impact or value in excess of $5,000.00, the award of the arbitrator shall 
be in writing and shall specify the facts and the law on which it is based. 
In  such  case,  the  arbitrator’s  findings  of  fact  must  be  supported  by 
substantial evidence and the arbitrator’s conclusions of law must not be 
based on legal error or be erroneous under the applicable substantive law. 
Further, in addition to the Federal Arbitration Act’s grounds for vacation, 
modification or correction of the arbitrator’s award, the parties shall have 
the right to judicial review of the arbitrator’s award to determine whether 
the arbitrator’s findings of fact are supported by substantial evidence and 
whether the arbitrator’s conclusions of law are based on legal error or are 
erroneous under the applicable substantive law. Judgment upon the award 
rendered by the arbitrator may be entered in any court having jurisdiction 
thereof. However, if the award is in excess of $5,000.00, judgment may be 
entered only upon determination by the court that the award is supported 
by substantial evidence and is not erroneous or based on legal error. 
Expenses:  Regardless  of  who  demands  arbitration,  we  will  pay  all 
expenses  of  arbitration,  including  the  filing,  administrative,  hearing  and 
arbitrator’s fees (“Arbitration Fees”), to the extent that the Arbitration Fees 
exceed the amounts you would be required to pay for filing a lawsuit in 
a court. Throughout the arbitration, each party shall bear his or her own 
attorney fees and expenses, such as witness and expert witness fees. If 
you prevail in the arbitration of any Claim against us, we will reimburse 
you for any fees you paid to the arbitration organization in connection with 
the arbitration.
Binding  Effect  and  Survival:  You  and  we  agree  that,  except  as 
specifically provided for above, the arbitrator’s decision will be final and 
binding on all parties subject to this Provision. This Provision is binding 
upon you, us, and the heirs, successors, assigns and related third parties 
of you and us. This Provision shall survive termination of your account, 
whether it be through voluntary payment of the debt in full by you, a legal 
proceeding initiated by us to collect a debt that you owe, a bankruptcy by 
you or a sale of your Credit Account by us.
Severability:  If  any  portion  of  this  Provision  is  deemed  invalid  or 
unenforceable  under  any  law  or  statute  consistent  with  the  FAA,  such 
a finding shall not invalidate any remaining portion of this Provision, the 
Contract or any other agreement entered into by you with us. However, 
the  prohibition  on  class  arbitration  is  not  severable  from  the  remainder 
of this Provision. In the event that a court deems the prohibition on class 
arbitration to be invalid and unenforceable, any subsequent class action 
or  representative  proceeding  shall  be  in  a  court  of  law  and  will  not  be 
subject to binding arbitration.
M-104923                              PF                              11/11

First PREMIER Bank
CREDIT CARD CONTRACT AND ACCOUNT  
OPENING DISCLOSURES (cont’d)
This Contract explains the terms and conditions of your Credit Account with 
us, including important provisions relating to arbitration and litigation. For 
additional important information on fees and INTEREST CHARGES 
and  other  contract  provisions  that  apply  to  your  Credit  Account, 
please review the Account Opening Disclosures printed on the card 
carrier containing your Card. Be sure to retain all Contract documents 
for future reference.

YOUR CONTRACT WITH US
Your  MasterCard®  or  Visa®  brand  Credit  Account  is  governed  by  the 
terms and conditions in this Contract and the Account Opening Disclosures 
printed on the card carrier containing your Card (“Contract”).
Applicable Law: No matter where you live, our Contract with you and the 
terms of your Credit Account will be governed by the laws of the State of 
South Dakota and applicable federal law.
Effective Date: Unless you are a resident of the State of New York, this 
Contract is effective upon the earlier of (1) the first Purchase made or Cash 
Advance taken on your Credit Account, and (2) the expiration of 30 days 
from the date we issue the Card to you if you do not provide us written 
notice of your desire to cancel within this 30 days. If you are a resident of 
the State of New York, this Contract is not effective until the earlier of (1) 
the first Purchase made or Cash Advance taken on your Credit Account, 
and (2) the date you move from the State of New York, unless the date 
you move from the State of New York is less than 30 days from the date 
we issue a Card to you, in which case this Contract will be effective on 
the date that is 30 days from the date we issue a Card to you (and not the 
date you move from the State of New York) if you do not provide us written 
notice of your desire to cancel within this 30 days. In all cases, if any fees 
are required to be paid prior to opening your Credit Account, this Contract 
will not be effective and your Credit Account will not be opened until such 
fees are paid in full. You are not obligated to pay any fees or INTEREST 
CHARGES (other than any fees required to be paid prior to opening your 
Credit Account) until this Contract is effective.

DEFINITIONS USED IN THIS CONTRACT
In this Contract, “we”, “us” and “our” each refer to First PREMIER Bank 
(the “Bank”).
“Authorized User” means any person authorized by you to use the Card 
or Credit Account.
“Billing Cycle” begins on the day after the Statement Closing Date of 
the previous Statement and includes the Statement Closing Date of the 
current Statement.
“Card” means all the plastic credit cards we issue to you or any other 
person who is authorized to use the Credit Account. In the event we issue 
other devices by which you can access your Credit Account, those devices 
will also be “Cards” for purposes of this Contract.
“Closing Date” means the last day of any Billing Cycle.
“Credit Account” means the credit card account that we open for you and 
the relationship that is established between you and us by this Contract. 
This  Credit Account  is  used  to  record  transaction  activity  made  by  you 
when you access or otherwise utilize the line of credit we extend to you 
when you use your Card.
“New Balance” means the outstanding balance of your Credit Account at 
the end of any Billing Cycle. The New Balance is the sum of the Previous 
Balance (defined as the New Balance shown on your last Statement) less 

payments and credits, plus new Cash Advances and Purchases and our 
charges posted during the Billing Cycle.
“Payment Due Date” means the date we must receive your payment, 
which is not less than 25 days from the Closing Date.
“Proper  Form”  means  that  a  payment  sent  by  mail  or  courier  follows 
these guidelines:

•  Payments must be sent to the address on the payment coupon of 

your Statement.

•  Payments must be made by check or other negotiable instrument in 

U.S. dollars payable to First PREMIER Bank.

•  All checks or negotiable instruments must be drawn on a U.S. bank 

or at a U.S. branch of a foreign bank.

•  Payments must not be in the form of cash or third-party checks. 
•  Your payment coupon must be included with your payment. If your 
payment coupon is not included, your name and account number 
must be printed legibly on your check or negotiable instrument.
“Related  Credit  Account(s)”  means  any  Credit  Accounts  established 
using the same Social Security Number.
“Statement” is a summary of your Credit Account activity provided to you 
at the end of each Billing Cycle.
“Total  Minimum  Amount  Due”  means  the  total  minimum  amount  we 
request that you pay each month as indicated on your Statement. This 
amount  includes  the  Amount  Due  This  Period,  any  Past  Due  Amount 
and any Amount Over Limit Due, which is the amount by which the New 
Balance exceeds your Credit Limit. (See the Minimum Payment provisions 
on the Account Opening Disclosures printed on the card carrier containing 
your Card for more information on how the “Total Minimum Amount Due” 
is calculated.)
“You” and “your” mean each and every person who is authorized to use 
the Credit Account, including Authorized Users, joint account holders and 
other persons you authorize to use the Card. 
Other  important  words  used  in  this  Contract  begin  with  capital  letters. 
They are defined throughout this Contract.

USING YOUR CARD

Sign Your Card: Be sure to sign your Card before you use it.
If You Do Not Want the Card: If you do not want the Card and Credit 
Account, you must contact us by telephone or in writing asking us to close 
your Credit Account.
Do Not Give Your Card to Others: Cards may not be given to anyone else 
to use. Other people who want a Credit Account should apply separately.
Your Responsibility for Authorized Users: If another person is given 
access to your Credit Account with your express or implied permission, 
notwithstanding the provision above, that person is an Authorized User, 
even if we did not issue an additional Card in the Authorized User’s name. 
At your request, and if we agree, we may issue an additional Card in the 
name of an Authorized User with your Credit Account number.
You  will  be  responsible  for  all  charges,  Cash  Advances,  INTEREST 
CHARGES,  Purchases  and  fees  incurred  by  any Authorized  User.  We 
are not required to try to obtain payment from any Authorized User before 
requiring payment from you. 
If  you  wish  to  remove  an  Authorized  User  from  your  Credit  Account 
you  must  contact  us  either  by  telephone  or  in  writing.  You  will  still  be 
responsible  for  payment  of  all  Purchases,  Cash Advances,  INTEREST 
CHARGES and fees incurred or obtained by the Authorized User. We may 
close your existing Credit Account and issue you a new Card and account 
number. You and each Authorized User agree that we may report account 
information to Consumer Reporting Agencies in the names of both you 
and the Authorized User.
Lost  or  Stolen  Cards:  To  protect  your  rights,  you  must  notify  us 
immediately  at  1-800-987-5521  if  your  Card  is  lost  or  stolen  or  if  you 
suspect that it has been used or may be used without your permission. If 

your Card is reported as lost or stolen or you are claiming unauthorized 
use  of  your  Credit Account  or  Card,  we  may  require  you  to  file  one  or 
more reports with the appropriate law enforcement agencies and us prior 
to our removal of possible unauthorized charges made against your Credit 
Account. You will not be liable for unauthorized use of your Card. Certain 
exceptions apply and you may be liable for up to $50.00.
Refusal to Accept Your Card: We are not responsible if any person or 
merchant does not accept your Card, or if an ATM or other device fails 
to  properly  operate. All  transactions,  even  when  you  get  a  receipt,  are 
subject to our final verification.
Cards Are Our Property: You agree to return each Card issued on your 
Credit Account to us upon our demand.

USING YOUR CREDIT ACCOUNT
Your  Promise  To  Pay:  You  agree  to  pay  us  for  all  charges,  Cash 
Advances, INTEREST CHARGES, Purchases and fees incurred on your 
Credit Account by you, or by any Authorized User, as well as any other 
fees imposed by us, as explained in this Contract. If more than one person 
requests,  accepts  or  uses  the  Credit Account,  each  and  every  person 
individually  and  jointly  are  responsible  for  payment  until  the  account  is 
paid in full.
Joint Account Holders: If this is a joint Credit Account, each person who 
signed  the  application:  (1)  may  obtain  Purchases  and  Cash Advances 
not to exceed the total credit limit; (2) will be responsible for paying all 
amounts owed; and (3) can close the Credit Account.
Accessing  Your  Credit  Line:  You  can  use  the  Card  and  your  Credit 
Account  to  make  Purchases  and  obtain  Cash  Advances.  Upon  your 
request, you may be assigned a Personal Identification Number (PIN). If a 
PIN is assigned to you, you can obtain a Cash Advance at any authorized 
ATM by using the Card and PIN.
Understanding Your Credit Limit: Your “Credit Limit” is the maximum 
amount of credit we have approved for your Credit Account. The amount 
of  your  Credit  Limit  is  printed  on  the  card  carrier  containing  your  Card 
and on your Statements. Your balance may not exceed your Credit Limit 
at  any  time. At  our  sole  discretion,  we  may  honor  Purchases  or  Cash 
Advances in excess of your Credit Limit without raising your Credit Limit. 
If we do, we may require you to pay us any amount over your Credit Limit 
immediately. Decisions on Credit Limit increases may be based on your 
performance under this Credit Account and other Related Credit Accounts 
you have with us and other credit criteria. If we have previously allowed 
your balance to exceed your Credit Limit, it does not mean that we will 
permit your balance to exceed your Credit Limit again. We reserve the 
right to approve or deny authorizations or transactions from any merchant 
at our sole discretion.
Obtaining Cash Advances: You may take Cash Advances on your Credit 
Account  in  any  of  the  following  ways:  By  presenting  the  Card  to  us  or 
any other participating MasterCard® or Visa® financial institution to obtain 
cash, by using the Card at an authorized merchant, other non-bank entity, 
or an Automated Teller Machine (ATM) or other device to obtain cash or 
cash equivalent, or to make a transfer from your Credit Account to any 
other  deposit  or  loan  account.  Even  if  you  use  your  Credit Account  to 
obtain cash from a non-bank entity, the transaction will be described as a 
Bank Cash Advance.
You  may  not  take  Cash Advances  in  excess  of  $500.00  per  day.  The 
minimum Cash Advance per transaction is $20.00. For Credit Accounts 
opened on or after June 1, 2003, your initial Cash Advance limit will be 
10% of your assigned Credit Limit. Once your Credit Account has been 
open and active for a minimum of 90 days, has two consecutive months of 
current payment history, is not currently delinquent and no payments have 
been returned for the past 60 days, your Cash Advance availability may 
be increased to 50% of the assigned Credit Limit. For example, if your 

Credit Limit is $250.00, your beginning Cash Advance limit will be $25.00 
and may increase to $125.00 once the criteria above are met.

RECEIVING STATEMENTS, OTHER INFORMATION AND
COMMUNICATIONS FROM US
Where We Send Statements: We will send Statements and any other 
notices to you at the address shown in our files. If this is a joint Credit 
Account, we can send Statements and notices to either of you. You agree 
to  notify  us  promptly  of  any  change  in  your  address.  We  may  accept 
address  changes  or  corrections  from  the  United  States  Postal  Service. 
We may also mail Statements and other communications to you at any 
address we determine to be an address at which you can receive mail. If 
you elect to receive Statements and other communications electronically, 
we may send those Statements and communications as directed by you.
When You Receive Your Statements: We will send you a Statement at 
the end of each monthly Billing Cycle in which your Credit Account has a 
debit or credit balance of more than $1.00, if an INTEREST CHARGE has 
been imposed or if other account activity has occurred. Your Statements 
will  arrive  around  the  same  time  each  month,  however  we  reserve  the 
right to change the date of your Billing Cycle at any time.
Understanding  Your  Statement:  The  Statements  we  send  to  you  will 
reflect  the  activity  and  our  INTEREST  CHARGES  and  other  charges, 
costs and fees on your Credit Account during the Billing Cycle. They will 
also show your Total Minimum Amount Due and Payment Due Date, which 
is the date by which we must receive payment. The information contained 
on the Statement will be deemed to be correct unless you advise us in 
writing  of  any  error  within  60  days  of  the  date  on  which  we  send  your 
Statement. If there are more than one of you living at different addresses, 
we will send the Statements only to the person named as the “Applicant” 
in your application.
Your Consent for Calls and/or Text Messages to Your Cellular Phone: 
If we collect your cellular phone number from you, from another source, 
or as a result of receiving a cellular phone call from you, you expressly 
consent to accept from us, our affiliates or any third party acting on our 
behalf:
(1) Calls or text messages for collection purposes or for other account-
related purposes, such as to process your application.
(2) Calls or text messages that we initiate to your cellular phone number 
made or transmitted using any automatic telephone dialing system and/or 
containing prerecorded messages.
You agree you will be responsible for any fees or charges you incur as 
a result of incoming calls or text messages from us, from our affiliates or 
from any third party acting on behalf of us or our affiliates.
E-mail: By providing us with your e-mail address, you consent to receive 
correspondence  electronically  from  us  and  our  affiliates  and  service 
providers. You  agree  that  we  may  communicate  with  you  by  e-mail  for 
any lawful reason.
Other  Communication  Devices:  If  you  provide  us  with  any  other 
form  of  electronic  communication  mechanism,  you  agree  that  we  may 
communicate with you by that mechanism for any lawful reason.

ABOUT YOUR PAYMENTS
Amount  of  Payment:  You  must  make  Minimum  Payments  on  your 
Credit Account. Refer to the Minimum Payment provisions in the Account 
Opening Disclosures printed on the card carrier containing your Card for 
more detailed information. Payments made in any Billing Cycle that are 
greater than the Total Minimum Amount Due will not affect your obligation 
to make the next minimum monthly payment. Each month your Statement 
shows  a  New  Balance  you  must  pay  the  Total  Minimum Amount  Due. 
Generally,  credits  to  your  Credit Account,  such  as  those  generated  by 
merchants, are not treated as payments on your Credit Account and will 
not reduce your Total Minimum Amount Due. You have until the Payment 

Due Date shown on the front of your Statement, which is not less than 25 
days from the Closing Date, to pay the Total Minimum Amount Due.
Applying Your Payments: We will apply payments to balances subject 
to  higher  INTEREST  CHARGES  and  other  charges  before  applying 
payments to balances subject to lower INTEREST CHARGES and other 
charges.    We  may  apply  your  payments  to  principal  amounts,  Cash 
Advances, INTEREST CHARGES, other charges and other amounts in 
any order in our discretion, and may change the order of the application of 
payments from time to time at our discretion.
Availability of Credit: Available credit created as a result of payments 
posted to your Credit Account may not be available for up to 20 days, or 
even longer if circumstances warrant an additional hold, or if we deem 
ourselves  at  risk  for  any  reason.  Your  available  credit  may  be  limited, 
from  time  to  time,  if  you  provide  your  Credit Account  number  or  Card 
to  a  merchant  that  processes  advance  authorizations,  such  as  hotels, 
motels  and  car  rental.  Such  an  authorization  may  limit  your  ability  to 
make Purchases and take Cash Advances on your Credit Account until 
the authorization is canceled by the merchant and your available credit 
is released.
Electronic Check Presentment: When you send us a personal check, 
you authorize us to either use information from your check to make a one-
time electronic transfer from your account, or to process the payment as a 
check transaction. If your check is processed electronically, your canceled 
check will not be returned to you by your financial institution. We will retain 
an image of your electronically processed check(s) as required by law. If 
requested prior to the time we are allowed by law to destroy electronically 
processed checks, we will provide you with a copy of your electronically 
processed  check(s)  upon  your  request.  Funds  may  be  withdrawn  from 
your  bank  account  as  soon  as  the  day  your  payment  is  received.  We 
agree to accept your checking account statement as proof of payment. 
The description on your checking account statement will read: PREMIER 
CR  CARD  CHECK-PAYMT,  serial  number  of  the  check,  amount  of  the 
payment and date of the transaction. If you choose to opt out of electronic 
check  presentment,  please  call  our  Customer  Service  Department  at 
1-800-987-5521.
Late  Payments:  We  may  accept  late  payments  or  partial  payments  or 
checks and money orders marked “payment in full” without waiving any of 
our rights under this Contract.

DEFAULT PROVISIONS
Events  of  Default:  You  will  be  in  default  of  this  Contract  if  any  of  the 
following occur on this or any Related Credit Account:

•  You  do  not  pay  at  least  the  Total  Minimum Amount  Due  on  your 

Credit Account on or before the Payment Due Date.

•  You die or become legally incompetent. 
•  You become insolvent or bankrupt. 
•  You exceed or attempt to exceed your Credit Limit.
•  You provide us with or have provided us with false or misleading 

information or signatures at any time. 

•  You fail to comply with this Contract.
•  You  fail  to  make  any  payment  or  perform  any  promise  in  any 

agreement or obligation you have with us. 

•  Any judgment, lien, attachment or execution is issued against you or 

your property. 

•  You request an excessive number of replacement Cards.
•  We reasonably believe that you will not pay amounts owed to us for 

any reason.

If You Are In Default: Upon your default of this Contract, we will have all 
remedies provided by law including, without limitation, and without prior 
notice or demand, the right to:

•  Deny use of your Credit Account.
•  Close or refuse to renew your Credit Account.

•  Demand the return of your Card(s).
•  Declare your entire balance immediately due and payable.
• 
Initiate collection activity.
•  Not replace your Card(s).

Collection Costs: To the extent permitted by law, you must pay all court 
and  collection  costs,  including  reasonable  attorneys’  fees,  the  costs  of 
placing  your  Credit  Account  in  the  Warning  Bulletin  and  the  costs  of 
confiscating your Card, that we incur as a result of your default.

CLOSING YOUR CREDIT ACCOUNT
We  May  Suspend  or  Close  Your  Credit  Account:  We  may  suspend 
your  Credit  Account  privileges  or  permanently  cancel  and  close  your 
Credit Account at any time, for any reason.
You  May  Close  Your  Credit  Account:  You  may  cancel  your  Credit 
Account at any time by notifying us by telephone or in writing. Even after 
your  Credit  Account  is  closed,  you  remain  responsible  for  paying  any 
amounts  you  owe  on  the  Credit Account  according  to  the  terms  of  this 
Contract. If this is a joint Credit Account, either of you may request that the 
Credit Account be closed and we will honor that request. 
Non Use Inactivity Closure: If you have never made a payment or used 
your Credit Account for a Purchase or Cash Advance, your Credit Account 
will be automatically closed, and all fees posted to your Credit Account 
will be reversed, when your Credit Account becomes 50 days delinquent 
(75 days from the initial Statement Closing Date if you are a resident of 
the State of New York).
Refund Disclosure: We will refund your Processing Fee and initial fees 
(those fees that are billed at the time of account opening) if (1) you have 
not used your Card for a Purchase or Cash Advance; and (2) you have 
not paid a fee after receiving a billing statement. We will refund any partial 
payment of the Processing Fee if you do not open your Credit Account 
within 85 days of approval. We will refund any Credit Limit Increase Fee 
charged to your Credit Account if you notify us, within 30 days of the date 
of the Periodic  Statement  on which  it appears,  that you  do not wish to 
have the credit limit increase. This will result in a reversal of the credit 
limit increase. Except as described in this paragraph, these fees are non-
refundable.

OTHER TERMS AND CONDITIONS
Severability: If any provision of this Contract is invalid or unenforceable, 
it shall not affect the validity or enforceability of any other provision of this 
Contract. 
Changing  This  Contract:  We  may  change  this  Contract  from  time  to 
time. For example, we may change your Credit Account number or the 
Minimum Payment, add new INTEREST CHARGES or fees, change the 
ANNUAL PERCENTAGE RATE or change the method of computing the 
balance  upon  which  we  impose  INTEREST  CHARGES.  We  may  also 
make other changes. We will notify you in writing of any change if required 
by law. Contract changes will apply to amounts you owe at the time the 
change is effective and to new transactions on your Credit Account, unless 
otherwise required by law.
Information  Sharing:  The  following  describes  your  agreement  with  us 
with respect to information sharing. By requesting, obtaining or using a 
Credit Account from us you agree that we may release information in our 
records regarding you and your Credit Account:

•  To  comply  with  any  properly  served  subpoena  or  similar  request 

issued by a state or federal agency or court.

•  To  share  your  credit  performance  with  Consumer  Reporting 
Agencies and other creditors who we reasonably believe are or may 
be doing business with you on your Credit Account. 

•  To provide information on your Credit Account to any third party who 
we believe is conducting an inquiry in accordance with the Federal 
Fair Credit Reporting Act.

•  To share information with our employees, agents or representatives 

performing work for us in connection with your Credit Account.

•  To communicate information as to our transactions or experiences 
with  you  to  persons  or  entities  related  by  common  ownership  or 
affiliated by corporate control or with any third party (including non-
affiliates).

We may also share information such as: (1) information other than 
our own transactions with you with persons or entities related to the 
Bank by common ownership or corporate control; or (2) information 
on your Credit Account with certain companies to provide or offer 
you  selected  products,  services  or  cardholder  benefits.  You  may 
direct  us  not  to  share  one  or  both  of  these.  If  this  is  your  request  call 
1-800-987-5521 or notify us in writing at First PREMIER Bank, P.O. Box 
5528, Sioux Falls, SD 57117-5528. Be sure to include your name, address 
and Credit Account number. You may receive a copy of our information on 
your Credit Account by writing or calling us at the address or telephone 
number  listed  above.  By  requesting  or  obtaining  a  Credit Account,  you 
authorize  us  to  check  your  credit  history. You  authorize  your  employer, 
bank and any other references listed to release and/or verify information 
to us and our affiliates in order to determine your eligibility for the Credit 
Account and any renewal or future extension of credit. If you ask, you will 
be told whether or not consumer reports on you were requested and the 
names of the Consumer Reporting Agencies, with their addresses, that 
provided  the  reports.  If  you  designate  an Authorized  User  to  use  your 
Card, you understand that account information may also be reported to 
Consumer Reporting Agencies in the Authorized User’s name.
No Waiver: Even if we do not exercise any right we may have against 
you, we do not intend to waive that right. We can exercise it against you 
in the future.
Binding  Effect  Upon  Death  or  Incompetency:  If  we  pay  a  merchant 
for  a  Purchase  or  post  a  Cash Advance  to  your  Credit Account  before 
we receive actual written notice of your death or incompetence, or if we 
pay  a  merchant  for  a  Purchase  made  by  you  or  post  a  Cash Advance 
taken by you prior to your death or incompetence, that transaction will be 
a valid and binding Credit Account obligation upon you, your estate and 
your personal representatives.
Our Liability To You: We have no liability to you, other than as placed on 
us by law. We will meet our duty to care for your Credit Account(s) under 
reasonable banking procedures. Our mere clerical error or honest mistake 
will not be considered a failure to perform any of our obligations.
Transactions  in  Foreign  Currencies:  If  you  make  a  transaction  in  a 
foreign currency, it will be converted into U.S. dollars, and you agree to 
accept the converted amount. Visa USA, Inc. or MasterCard International, 
Inc. will use its currency conversion procedures in effect when processing 
the transaction. The currency conversion rate will be a rate selected by 
Visa or MasterCard, as applicable, from the range of rates available in 
wholesale  currency  markets  for  the  applicable  central  processing  date, 
which  rate  may  vary  from  the  rate  Visa  or  MasterCard  itself  receives, 
or  the  government-mandated  rate  in  effect  for  the  applicable  central 
processing  date,  in  each  instance,  plus  a  foreign  currency  transaction 
fee in the amount disclosed on your Account Opening Disclosures printed 
on the card carrier containing your Card. This fee will be paid to us and 
applied  to  all  transactions  posted  to  your  Credit  Account  in  a  foreign 
currency, including all Purchase transactions, Cash Advance transactions, 
ATM  transactions  and  returns  and  adjustments  (e.g.,  for  returned 
merchandise). The currency conversion rate used on the processing date 
may be different than the rate that was in effect on the date you conducted 
the transaction. We do not set the currency conversion rate, and we do 
not receive any portion of it. We do, however, receive a foreign currency 
transaction fee as disclosed on your Account Opening Disclosures printed 
on the card carrier containing your card.