PrimeWay VISA Additional Disclosures 

These Additional Disclosures are incorporated by reference into your PrimeWay Visa Credit Card Agreement 
and Disclosure Statement. Please retain this document with your Credit Card Agreement and Disclosure 
Statement for future reference. 

Interest Rates and Interest Charges 

Annual Percentage Rate 
(APR) for Purchases and 
Balance Transfers 

7.49%- 12.99% APR 
This APR will vary with the market based on the Prime Rate. 

Annual Percentage Rate 
(APR) for Cash Advances 

17.95% APR 

Penalty Rate and When it 
Applies 

None 

Paying Interest 

Your due date is at least 25 days after the close of each billing cycle. We will not 
charge you interest on purchases and balance transfers if you pay your entire 
balance by the due date each month. We will begin charging interest on cash 
advances on the transaction date. 

Minimum Interest Charge 

If you are charged interest, the charge will be no less than $1.00. 

For Credit Card Tips from 
the Federal Reserve Board 

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. 

Fees 

Annual Fee 

Transaction Fees 

•  Foreign Transaction 

Penalty Fees 

• Late Payment 
• Returned Payment 

Revised 07/01/2013 

None 

Up to 1% of each transaction in U.S. dollars. 

Up to $25 
Up to $25 

Federally Insured by the NCUA. 

 
                       
 
 
 
 
 
 
 
 
 
 
 
 
Credit Card Agreement and Disclosure Statement for Your 
PrimeWay FCU Visa Account 

Notice: Read and retain this copy of your Credit Card Agreement 
and Disclosure Statement for future reference.  Your agreement 
to these provisions, as amended from time to time will be shown 
by your application for the card, your signature on the credit 
agreement, your acceptance of the card, or your use of the card, 
whichever occurs first.  

IN  THIS  AGREEMENT:  This  Agreement  and 
TERMS  USED 
(“Agreement”)  covers  your  MasterCard® 
Disclosure  Statement 
Account  (“Account”).  In  this  Agreement,  the  words  “you”  and  “your” 
mean  any  person  who  signs  the  application  or  uses  the  Card.  “We,” 
“our,”  and  “us”  mean  PrimeWay  Federal  Credit  Union,  the  issuer  of 
your Visa or its successors. The “Card” means any credit card issued 
to you or those designated by you under the terms of this Agreement. 
“Use  of  the  Card”  means  any  procedure  used  by  you  or  someone 
authorized by you, to make a purchase or an advance whether or not 
the purchase or advance is evidenced by a signed written document. 
“Unauthorized  use  of  the  Card”  means  the  use  of  the  Card  by  a 
person,  other  than  you,  who  does  not  have  actual,  implied,  or 
apparent  authority  for  such  use,  and  from  which  you  receive  no 
benefit. In this Agreement, any plural terms shall be deemed singular 
and  any  singular  terms  shall  be  deemed  plural  when  context  and 
construction so require.  

EXTENSION OF CREDIT: If your application is approved, we may, at 
our  discretion,  establish  an  Account  in  your  name  and  cause  one  or 
more Cards to  be issued to  you  or  those designated by  you.  In  such 
event,  you  authorize  us  to  pay  for  your  Account  all  items  reflecting 
credit  purchases  and  cash  advances  obtained  through  use  of  the 
Card.  

JOINT  APPLICANT  LIABILITY:  If  more  than  one  person  signs  the 
application, each of you shall be jointly and individually liable to us for 
all  charges  made  to  the  Account,  including  applicable  fees.  In 
addition, you agree that each of you designates the other as agent for 
the purpose of making purchases extended under this Agreement and 
each use of your Account shall be an extension of credit to all. Notice 
to  one  of  you  shall  constitute  notice  to  all.  Any  joint  cardholder  may 
remove  himself  or  herself  from  responsibility  for  future  purchases  at 
any  time  by  notifying  us  in  writing.  However,  removal  from  the 
Account does not release you from any liability already incurred.  

CONVENIENCE  CHECKS:  We  may  issue  checks  at  our  discretion 
that  may  be  used  for  any  purpose  other  than  making  a  payment  for 
credit  to  your  Account.  By  signing  such  checks,  you  authorize  us  to 
pay  the  item  for  the  amount  indicated  and  post  such  amount  as  a 
cash advance to  your Account. We do not have to pay  any  item that 
would cause the outstanding balance in your Account to exceed  your 
credit  limit.  Charges  that  apply  in  connection  with  the  use  of 
Convenience Checks are set forth in the Additional Disclosures, which 
are  incorporated  by  reference  into  this  Agreement  and  will  be 
provided 
to  you  after  your  application  has  been  approved. 
Convenience  Check  Charges  will  be  assessed  at  the  time  they  are 
incurred.  

OTHERS USING YOUR  ACCOUNT:  If  you allow  anyone else to use 
your  Account,  you  will  be  liable  for  all  credit  extended  to  such 
persons.  You  promise  to  pay  for  all  purchases  and  cash  advances 
made  by  anyone  you  authorize  to  use  your  Account,  whether  or  not 
you  notify  us  that  he  or  she  will  be  using  it.  If  someone  else  is 
authorized  to  use  your  Account  and  you  want  to  end  that  person’s 
privilege,  you  must  notify  us  in  writing,  and  if  he  or  she  has  a  Card, 
you must return the Card with your written notice for it to be effective. 

CREDIT  LIMITS:  You  promise  that  payments  we  make  for  your 
Account  resulting  from  use  of  the  Card  will  at  no  time  cause  the 

outstanding  balance  of  your  Account  to  exceed  your  credit  limit  as 
established  by  us  or  as  adjusted  from  time  to  time  at  our  discretion. 
Cash  advances  are  limited  to  50%  of  your  credit  limit.  If  you  exceed 
your  credit  limit,  we  can  still  charge  you  for  all  purchases  and 
advances  without  giving  up  any  of  our  rights.  If  you  write  a 
Convenience  Check  that  causes  you  to  exceed  your  credit  limit,  we 
are under no obligation to pay such check, and it may be returned to 
the payee unpaid at our option.  

transfers,  purchases,  Late  Payment  Fees, 

PROMISE  TO  PAY:  You  promise  to  pay  us  in  U.S.  dollars  for  (a)  all 
purchases,  balance  transfers,  and  cash  advances  made  by  you  or 
anyone  whom  you  authorize  to  use  the  Card  or  Account;  (b) 
INTEREST  CHARGES  and  other  charges  and  fees;  (c)  collection 
costs  and  attorney’s  fees  as  permitted  by  applicable  law,  and  any 
costs incurred in the recovery of the Card; and (d) credit in excess of 
your  credit  limit  that  we  may  extend  to  you.  At  the  end  of  each 
monthly  billing  cycle  for  which  you  have  a  balance  on  your  Account, 
you  will  be  furnished  with  a  periodic  statement  showing  (i)  the 
“Previous  Balance”  (the  outstanding  balance  in  the  Account  at  the 
beginning  of  the  billing  cycle),  (ii)  the  amount  of  all  cash  advances, 
balance 
INTEREST 
CHARGES,  and  other  charges  and  fees  posted  to  your  Account 
during  the  billing  cycle,  (iii)  the  amount  of  all  payments  and  credits 
posted  to  your  Account  during  the  billing  cycle,  and  (iv)  the  “New 
Balance”  which is the sum of (i) and (ii) minus (iii).  You agree to pay 
on or before the “Payment Due Date”  shown on the monthly  periodic 
statement the entire New Balance or a Minimum Payment equal to an 
amount which is at least 1% of the New Balance or $25 whichever is 
greater, plus current fees and INTEREST charges, plus any amount in 
excess of the credit limit established by us and any past due minimum 
payments.  If  the  New  Balance  is  $25  or  less,  you  agree  to  pay  it  in 
full.  You  may  make  extra  payments  in  advance  of  the  due  date 
without  a  penalty,  and  you  may  repay  any  funds  advanced,  credit 
extended,  or  amount  outstanding  at  any  time  without  a  penalty  for 
early payment. Regardless of the amount of any extra payment during 
a  given  month,  a  monthly  payment  will  be  required  the  following 
month if a balance remains in your Account. Subject to applicable law, 
your  payments  may  be  applied  to  what  you  owe  the  Credit  Union  in 
any manner the Credit Union chooses.   

COST  OF  CREDIT:  You  will  pay  an  INTEREST  CHARGE  for  all 
advances  made  against  your  Account.  INTEREST  CHARGES  for 
cash  advances  begin  to  accrue  on  the  date  of  the  advance.  New 
purchases,  including  balance  transfers,  will  not  incur  an  INTEREST 
CHARGE  on  the  date  they  are  posted  to  your  Account  if  you  have 
paid  the  Account  in  full  by  the  Payment  Due  Date  shown  on  your 
previous monthly statement, or if there was no previous balance. The 
Payment Due Date will be not less than 25 days from the billing cycle 
closing  date  shown  on  your  statement.  No  additional  INTEREST 
CHARGE  will  be  imposed  on  purchases  whenever  you  pay  the 
Account  in  full  on  or  before  the  Payment  Due  Date  reflected  on  your 
statement.  

The  ANNUAL  PERCENTAGE  RATE  for  all  purchases  and  balance 
transfers is variable and may increase. The ANNUAL PERCENTAGE 
RATE is based on an index (the “Index”), which is the Prime Rate as 
published  in  the  Money  Rates  section  of  The  Wall  Street  Journal  on 
the last business day of the calendar month and is subject to change 
monthly.  Any  change  in  the  Index  will  be  effective  on  the  first  day  of 
the  billing  cycle  following  the  date  of  the  change.  An  increase  in  the 
Index  will  result  in  an  increase  in  the  Daily  Periodic  Rate,  which  in 
turn,  may  result  in  higher  payments.  The  ANNUAL  PERCENTAGE 
RATE for all advances in any given billing cycle will be the Index plus 
a  margin.  Your  specific  margin,  initial  Daily  Periodic  Rate,  and 
corresponding  ANNUAL  PERCENTAGE  RATE  are  set  forth  in  the 
Additional  Disclosures,  which  will  be  provided  to  you  after  your 
application is approved. 

The ANNUAL PERCENTAGE RATE for all cash advances is fixed at 
17.95% ANNUAL PERCENTAGE RATE.  

In  addition  to  the  variable-rate  aspects  of  your  Account,  for  all  Card 
types  except  for  the  Share  Secured  Card  Account,  the  ANNUAL 
PERCENTAGE  RATE  for  all  advances  is  also  based  on  certain 
creditworthiness criteria. Except for the Share Secured Card Account, 
after  your  Account  has  been  open  for  at  least  one  year,  we  may 
review  your  creditworthiness  from  time  to  time,  including  when  you 
request  a  credit  limit  increase,  and  adjust  the  periodic  rate  and 
ANNUAL  PERCENTAGE  RATE  for  your  Account  by  notifying  you  in 
accordance  with  applicable  law.  If  your  ANNUAL  PERCENTAGE 
RATE is changed based on your creditworthiness, your margin for all 
advances  will  be  adjusted.  The  current  range  of  periodic  rates  and 
ANNUAL  PERCENTAGE  RATES  applicable  to  your  Account  based 
on  the  current  Index  are  set  forth  in  the  Additional  Disclosures. 
Increases  in  your  ANNUAL  PERCENTAGE  RATE  due  to  changes  in 
your creditworthiness  will remain in effect for  at least  six months  and 
may  remain  in  effect  indefinitely.  Any  change  in  your  ANNUAL 
PERCENTAGE  RATE  due  to  changes  in  your  creditworthiness  will 
only  apply  to  advances  made  after  the  effective  date  of  the  change. 
Balances  existing  before  the  effective  date  of  the  change  will  remain 
subject to the ANNUAL PERCENTATE RATE in effect before the date 
of the change until paid in full. 

for  each 

feature  category, 

A  portion  of  the  INTEREST  CHARGE  is  figured  by  applying  the 
applicable  Daily  Periodic  Rate  to  the  Average  Daily  Balance  of  your 
including  certain  current 
Account 
transactions.  Feature  categories 
include  purchases,  balance 
transfers,  and  cash  advances.  The  Average  Daily  Balance  is  arrived 
at by taking the beginning balance of each feature category each day 
and  adding  any  new  transactions  to  the  balance,  except  if  you  have 
paid  your  Account  in  full  by  the  Payment  Due  Date  shown  on  the 
previous  monthly  statement  or  there  is  no  previous  balance,  new 
purchases  and  new  balance  transfers  are  not  added  to  their 
respective  feature  category  balances.  Balance  transfers  may  be 
shown  on  your  statement  in  the  Promotions  feature  category.  When 
determining  balances,  we  may  combine  feature  category  balances 
that have the same periodic rate and other finance charge terms. We 
then  subtract  any  payments  or  credits  and  unpaid  INTEREST 
CHARGES allocated to the feature category balance for the day. This 
gives us the daily balance for the feature category. The daily balances 
for each feature category are then added together and divided by the 
number  of  days  in  the  billing  cycle.  The  result  is  the  Average  Daily 
Balance for each feature category. The periodic INTEREST CHARGE 
is  determined  by  multiplying  each  feature  category  Average  Daily 
Balance  by  the  number  of  days  in  the  billing  cycle  and  applying  the 
applicable  Daily  Periodic  Rate  to  the  product.  The  Total  INTEREST 
CHARGE  for  each  statement  period  is  the  sum  of  the  periodic 
INTEREST  CHARGES  for  each  feature  category  plus  any  non-
periodic INTEREST CHARGES.  

CASH ADVANCE FEE: If your Account features Cash Advance Fee, 
the  amount  of  the  Cash  Advance  Fee  is  set  forth  in  the  Additional 
Disclosure.  

LATE  PAYMENT  FEE:  If  we  do  not  receive  your  required  Minimum 
Payment  within  ten  (10)  days  of  the  Payment  Due  Date,  we  may 
charge  you  a  Late  Payment  Fee  as  set  forth  in  the  Additional 
Disclosures.  

RETURNED PAYMENT FEE: We will charge you a Returned 
Payment Fee as set forth in the Additional Disclosures each time you 
send us a payment that is returned unpaid for any reason. We will 
charge you this fee the first time any payment is returned unpaid, 
even if it is paid upon resubmission.  

Late Payment Fees and Returned Payment Fees will be added to the 
balance of your Account and treated as a purchase. 

ANNUAL  FEE:  If  your  Account  features  an  Annual  Fee,  an  Annual 
Fee as set forth in the Additional  Disclosures will be charged to  your 
Account  on  or  around  the  anniversary  date  of  the  opening  of  your 
Account.  The  Annual  Fee  will  be  charged  each  year  your  Account  is 
open  or  has  a  balance  due,  even  if  charging  privileges  have  been 
terminated. 

LIABILITY  FOR  UNAUTHORIZED  USE:  You  may  be  liable  for  the 
unauthorized  use  of  your  Card.  If  you  notice  the  loss  or  theft  of  your 
Card or a possible unauthorized use of your Card, you should call us 
immediately at: 

(713) 799-6200 or (800) 442-4757 

You may also write us at: 

PrimeWay Federal Credit Union 
P.O. Box 53088 
Houston, TX 77052-3088 

Although you may write to notify us of unauthorized use, calling us 
immediately at the telephone number(s) above is the best way to keep 
your possible losses down. 

Under  MasterCard’s  zero  liability  policy,  you  will  not  be  liable  for 
any  unauthorized  use  of  your  Visa  once  you  notify  us  orally  or  in 
writing of the loss, theft, or possible unauthorized use and you meet 
the following conditions: (1) you have exercised reasonable care with 
your  Card;  (2)  you  have  not  reported  two  or  more  incidents  of 
unauthorized  use  of  your  Card  within  the  previous  12  months;  and  (3) 
you have maintained your Account in good standing. MasterCard’s zero 
liability policy does not apply to cash advances obtained at an ATM.  

You  will  not  be  liable  for  any  unauthorized  use  that  occurs  after  you 
notify  us.  You  may,  however,  be  liable  for  unauthorized  use  that 
occurs  before  your  notice  to  us.  In  any  case,  your  liability  will  not 
exceed $50.00. 

CREDITING OF PAYMENTS: We do not charge for  payments made 
by regular mail service or other standard payment methods we offer. If 
we charge a fee for any expedited payment service we offer, that fee 
will be disclosed to  you at the time you request the service. You may 
submit  payments  by  mail  to  our  designated  address,  by  telephone 
through  any  expedited  payment  service  we  may  offer,  by  Internet 
through any payment service we may offer, and at any of our branch 
the  address 
offices.  All  payments  made  on  your  Account  at 
designated for payment on the monthly periodic statement or through 
other  approved  payment  methods  will  generally  be  applied  to  your 
Account  on  the  date  of  receipt.  If  the  date  of  receipt  for  a  mailed 
payment  is  not  a  business  day,  your  payment  may  not  be  credited 
until  the  first  business  day  following  receipt.  All  payments  on  your 
Account will be applied first to collection costs, then to any INTEREST 
CHARGE  and  other  fees  due,  and  then  to  the  unpaid  principal 
balance. However, in every case, in the event you make a payment in 
excess  of  the  required  minimum  periodic  payment,  the  Credit  Union 
will  allocate  the  excess  amount  first  to  the  balance  with  the  highest 
annual  percentage  rate  and  any  remaining  portion  to  the  other 
balances in descending order based on applicable annual percentage 
rate. Interest paid or agreed to be paid shall not exceed the maximum 
amount  permissible  under  applicable  law,  and  in  any  contingency 
whatsoever,  if  we  shall  receive  anything  of  value  deemed  interest 
under  applicable  law  which  would  exceed  the  maximum  amount  of 
interest permissible under applicable law, the excessive interest shall 
be applied to the reduction of the unpaid principal amount or refunded 
to you.  

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SECURITY:  YOU  SPECIFICALLY  GRANT  US  A  CONSENSUAL 
SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS 
YOU  HAVE  WITH  US  NOW  AND  IN  THE  FUTURE  TO  SECURE 
REPAYMENT  OF  CREDIT  EXTENSIONS  MADE  UNDER  THIS 
AGREEMENT.  THE  GRANTING  OF  THIS  SECURITY  INTEREST  IS 
A  CONDITION  FOR  THE  ISSUANCE  OF  ANY  CARD  THAT  YOU 
MAY USE, DIRECTLY OR INDIRECTLY, TO OBTAIN EXTENSIONS 
OF CREDIT UNDER THIS AGREEMENT.  
Shares and deposits in an Individual Retirement Account or any other 
account  that  would  lose  special  tax  treatment  under  state  or  federal 
law if given as security are not subject to the security interest you are 
giving.  

ADDITIONAL SECURITY: If  you  have other loans  with us, now  or in 
the  future,  collateral  securing  those  loans  may  also  secure  your 
obligations  under  this  Agreement.  You  understand  that  you  should 
read  any  security  agreement  you  sign  in  order  to  determine  if  the 
collateral also secures your obligations under this Agreement and any 
other agreements you have with us.  

DEFAULT:  You  will be in default: (i) if  you fail to make any  payment 
on time; (ii) if you exceed your authorized credit limit; (iii) if you fail to 
keep any promises you have made under this or any other agreement 
with us;  (iv) if  you become insolvent  or are the subject of an order of 
relief under Title 11 of the U.S. Code (Bankruptcy); (v) if anyone tries, 
by legal process, to take any of your money maintained with us; (vi) if 
you  have  given  us  false  or  inaccurate  information  in  obtaining  your 
Card; (vii) if we reasonably believe that you are unable or unwilling to 
repay your obligations to us; (viii) if you do not act or fail to do any act 
which the Credit Union believes endangers  your ability to repay  what 
you  owe, 
leaving  your  current 
employment,  or  (ix)  if  you  fail  to  report  the  Card  lost  or  not  in  your 
possession.  

including  but  not 

limited 

to, 

ACCELERATION: If you are in default, without notice to you we may 
accelerate  your debt and call any  amounts  you owe immediately  due 
and payable,  plus  INTEREST CHARGES that  will continue  to  accrue 
until the entire amount is paid. You expressly waive any right to notice 
of our intent to accelerate and right to notice that your debt has been 
accelerated.  You  agree  that,  once  you  are  informed  by  the  Credit 
Union  or  its  designee  that  your  Account  is  in  default,  you  will  not 
attempt to make further cash advances or purchases on the Account.  

CREDIT  INVESTIGATION:  In  conjunction  with  your  application  for 
credit and, if approved, maintenance of  your Account,  you agree that 
we have the right to investigate your credit and employment history, to 
verify your credit references, to request and use credit reports.  

NOTIFICATION  ADDRESS  FOR  INFORMATION  REPORTED  TO 
CONSUMER  REPORTING  AGENCIES:  We  may  report  the  status 
and payment history of your Account to credit reporting agencies each 
month.  Late  payments,  missed  payments,  or  other  defaults  on  your 
Account may be reflected in  your credit report. If you believe that the 
information  we  have  reported  is  inaccurate  or  incomplete,  please 
notify  us  in  writing  at  PrimeWay  Federal  Credit  Union,  P.O.  Box 
53088, Houston, TX 77052-3088. Please include your name, address, 
contact  telephone  number,  and  Account  number,  and  identify  the 
information  you  believe  is  in  error.  If  your  notification  relates  to  an 
alleged incident of identity theft, we will require a copy of your identity 
theft report filed with law enforcement authorities.  

TERMINATION AND CHANGES: You may terminate this Agreement, 
by written notice, as to future advances at any time. We can terminate 
this Agreement at any time subject to such notice as may be required 
by  applicable  law.  Termination  by  either  party  shall  not  affect  your 
obligation  to  repay  any  payments  made  for  your  Account  resulting 

including 

from  use  of  the  Card  as  well  as  INTEREST  CHARGES  and  other 
related  charges. We  may  add  to,  change,  or  delete  the  terms  of  this 
the  Daily  Periodic  Rate  and  ANNUAL 
Agreement, 
PERCENTAGE  RATE,  at  any  time  subject  to  such  notice  as  may  be 
required by applicable law. If you use your Card or Account to make a 
purchase or obtain a cash advance after having been given notice of 
a change in terms, you agree that, to the extent permitted by law, the 
existing balance in your Account at the time of that use will be subject 
to the new terms, as shall subsequent uses.  

ILLEGAL TRANSACTIONS:  You may not use  your Card  or Account 
for any illegal transaction.  You agree that  we may  decline to process 
any  transaction  that  we  believe  in  good  faith  to  be  for  an  illegal 
purpose.  You agree that we  will not  be liable for declining to process 
any such transaction. If we do process any transaction that ultimately 
is determined to have been for an illegal purpose, you agree that you 
will remain liable to us under this Agreement for any such transaction 
notwithstanding its illegal nature. You agree that any illegal use of the 
Card  will  be  deemed  an  act  of  default  under  this  Agreement.  You 
further agree to waive any right to take legal action against us for your 
illegal use of the Card and to indemnify and hold us Visa International, 
Inc.  harmless  from  and  against  any  lawsuits,  other  legal  action,  or 
liability that results directly or indirectly from such illegal use.  

is  disclosed 

its  currency  conversion  procedure,  which 

INTERNATIONAL  TRANSACTIONS:  If  you  effect  an  international 
transaction  with  your  MasterCard, Visa International  Incorporated  will 
convert  the  charge  into  a  U.S.  dollar  amount.  Visa  International  will 
to 
use 
institutions  that  issue  Visa  cards.  Currently  the  currency  conversion 
rate used by Visa International to determine the transaction amount in 
U.S.  dollars  for  such  transactions  is  generally  either  a  government-
mandated  exchange  rate  or  a  wholesale  exchange  rate  selected  by 
Visa  International  for  the  applicable  currency  on  the  day  the 
transaction  is  processed,  which  rate  may  differ  from  the  applicable 
rate  on  the  date  the  transaction  occurred  or  when  the  transaction  is 
posted to your Account. We will charge a Foreign Transaction Fee of 
up  to  1%  in  U.S.  dollars  on  all  international  purchase,  cash 
disbursement,  and  Account  credit  transactions,  even  if  there  is  no 
currency  conversion.  There  is  no  grace  period  in  which  to  repay  an 
international  transaction  in  order  to  avoid  the  assessment  of  the 
Foreign Transaction Fee.  

ADDITIONAL  PROVISIONS:  Each  provision  of  this  Agreement  must 
be  considered  part  of  the  total  Agreement  and  cannot  in  any  way  be 
severed from it. However, if any provision of this Agreement is finally 
determined  to  be  void  or  unenforceable  under  any  law,  rule,  or 
regulation, all other provisions of this Agreement will remain valid and 
enforceable.  You  understand  that  the  validity,  construction,  and 
enforcement of this Agreement is governed by the laws of the State of 
Texas to the extent not preempted by applicable federal law, and it is 
performable  in  Harris  County,  Texas.  We  do  not  warrant  any 
merchandise  or  services  purchased  by  you  with  the  Card.  All 
purchases  and  cash  advances  are  extended  at  the  option  of  the 
merchant  or  cash-advancing  financial  institution  and  we  are  not 
responsible  for  the  refusal  of  any  merchant  or  financial  institution  to 
honor your Card. The Card remains our property at all times, and you 
agree to immediately surrender the Card upon demand. You agree to 
pay  all  reasonable  costs  of  collection,  including  court  costs  and 
attorney’s  fees,  and  any  costs  incurred  in  the  recovery  of  the  Card. 
We  can  accept  late  payments  or  partial  payments,  or  checks  or 
money orders marked “payment in full” without losing any of our rights 
under this Agreement. We can  also delay  enforcing any  of  our  rights 
under  this  Agreement  without  losing  them.  You  expressly  waive 
presentment for payment, demand, protest, and notice of protest and 
dishonor of same. You agree to give us prompt notice of any change 
in  your  name,  mailing  address,  telephone  number  or  place  of 
employment.  You  promise  not  to  obtain  an  advance  or  credit 

extension  under  this  Agreement  if  you  know  there  is  a  reasonable 
probability  that  you  will  be  unable  to  repay  your  obligation  according 
to the terms of the credit extension.  You promise to inform us  of  any 
new information  which relates to  your  ability to repay  your  obligation. 
You  promise  not  to  submit  false  or  inaccurate  information  or  willfully 
conceal  information  regarding  your  creditworthiness,  credit  standing, 
or credit capacity.  

RECEIPT  OF  AND  AGREEMENT  TO  TERMS  AND  CONDITIONS 
OF AGREEMENT: By signing an application for the Card or by using 
the  Card,  you  agree  to  all  the  terms  and  conditions  and  promise  to 
perform all the obligations, requirements, and duties contained in this 
Agreement,  and  you  acknowledge  receipt  of  a  copy  of 
this 
Agreement.  

PrimeWay Federal Credit Union, P.O. Box 53088, Houston, TX 
77052-3088 issues your credit card under this Agreement.  

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: 

PrimeWay Federal Credit Union 
Attn: Credit Card Department 
P.O. Box 53088 
Houston, TX 77052-3088 

• 

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 
statement  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 statement. 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  of  the  amount  you  question  even  if 
your bill is correct. 

In your letter, give us the following information: 

Your Rights if You are Dissatisfied with Your Credit Card Purchases 

• 
• 
• 

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  statement,  describe  what  you  believe  is  wrong  and 
why you believe it is a mistake. 

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: 

You must contact us: 

•  Within 60 days after the error appeared on your statement. 
• 
At least 3 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. 

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 your 
statement 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. 

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. (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 card 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 at: 

PrimeWay Federal Credit Union 
Attn: Credit Card Department 
P.O. Box 53088 
Houston, TX 77052-3088 

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. 

CUSTOMER SERVICE: (800) 442-4757 - 24 hours a day/7 days a 
week. (Please have Account information available).