Balance Subject to Finance Charge - Average Daily Balance. 
We  will  calculate  interest  by  applying  a  periodic  rate 
(described  below)  to  the  Average  Daily  Balance  of  the 
Account.  To  get  the  Average  Daily  Balance,  we  take  the 
beginning balance of your Account each day, add any new 
purchases, and subtract any payments, credits, any non-
accruing fees, and unpaid interest. This gives us the daily 
balance.  Then  we  add  up  all  the  daily  balances  for  the 
billing cycle and divide the total by the number of days in 
the billing cycle. This gives us the Average Daily Balance 
for the billing cycle.

Minimum  Finance  Charge.  There  is  no  minimum  Finance 
Charge. 

Effect  of  Rate  Changes.  If  the  Annual  Percentage  Rate 
changes, the amount of the interest Finance Charges may 
also change. Any new periodic rates will apply to existing 
Account  balances.  The  periodic  rate  may  also  change 
as  provided  in  the  section  of  this  Agreement  entitled 
“Changing This Agreement.”

FEES  AND  CHARGES.  Reference  the  separate  disclosure 
provided  to  you  at  application  for  the  following  fee 
amounts.  Said  amounts  may  be  increased  from  time  to 
time by the credit union upon written notice. Other fees 
may apply.
•  Late  Payment  Fee.  If  we  do  not  receive  the  minimum 
payment due on or before the payment due date as it 
appears on your monthly statement, we will charge the 
Account a late fee for the billing period, in addition to 
interest which accrues on the unpaid balance.

•  Annual Fee. Company shall pay an annual fee for each 

card account issued pursuant to this Agreement.

•  Cash Advance Fee. The fee charged you for obtaining a 

cash loan.

•  Returned Payment or Insufficient Funds Fee. Credit Union 
will charge your account a fee if your payment by any 
method,  including  check,  electronic  transfer,  home 
banking  transaction  or  otherwise,  is  not  honored, 
collected by us, or if we must return it to you because 
it cannot be processed for any reason. This fee may be 
added  to  your  account  balance,  or  collected  from  you 
on demand.

•  Charge  for  Copies,  Research  and  Card  Replacement.  If 
you  ask  for  a  copy  of  any  document,  such  as  a  sales 
slip, Convenience Check, or billing statement, an hourly 
charge may be imposed for the time it takes to research 
and  locate  the  document.  In  addition,  a  per  page 
copying  fee  will  be  imposed.  However,  no  charge  will 
be imposed in connection with any actual or asserted 
billing error.

•  Replacement Card Fee. We will charge a fee to replace a 

lost card.

CROSS  BORDER  AND  FOREIGN  CURRENCY  TRANSACTIONS. 
The  Card  may  be  used  to  purchase  goods  and  services 
internationally.  Certain  fees  will  be  charged  on  cross-

border  transactions  and  foreign-currency  transactions. 
Single Currency Transactions. On transactions that occur in 
a  country  other  than  the  merchant  country,  in  the  same 
currency  as  the  merchant’s  (i.e.,  no  currency  conversion 
takes place), we will not assess a Single Currency Transaction 
Fee. Multi-Currency Transactions. On transactions that occur 
in a country other than the merchant country, in a currency 
other  than  the  merchant’s  (i.e.,  a  currency  conversion  is 
performed), we will not assess a Multi-Currency Transaction 
Fee.

DISCLOSURES OF INFORMATION. You consent to the release 
of  personal  data  about  yourself  by  the  Credit  Union  to 
Visa,  its  members  and  their  respective  contractors  for 
the  purpose  of  providing  emergency  Card  replacement 
services,  and  otherwise  as  allowed  by  law.  Credit  Union 
may  also  release  business  or  personal  data  about  you  to 
third parties as necessary or appropriate (i) in the ordinary 
course of servicing the Account and Cards, (ii) for purposes 
of marketing to you, (iii) as required by law or legal process, 
and (iv) otherwise as permitted by law.

RESTRICTIONS ON USE OF ACCOUNT
•  Named  User.  Only  the  Cardholder  named  on  the  Card 
is permitted to use it for charges, identification, or any 
other reason.

•  Compliance with Applicable Laws and Prohibition of Illegal 
Transactions: You  warrant  and  agree  that  you  will  at  all 
times  comply  with  all  Applicable  Laws;  and  that  your 
card and services are at all times subject to Applicable 
Laws.  Further,  you  agree  and  warrant  that  your  Credit 
Card, other access device or any related account will not 
be  used  to  make  or  facilitate  any  illegal  transaction(s) 
as  determined  by  applicable  law;  and  that  any  such 
use,  including  any  such  authorized  use,  will  constitute 
an  event  of  default  under  this  Agreement.    Certain 
federal  and/or  state  laws  or  Card  Service  Providers’ 
Rules may limit or prohibit certain transactions such as 
(but  not  limited  to)  those  coded  as  possible  gambling 
transactions.  The  Credit  Union  may  decline  to  accept, 
process  or  pay  any  transaction  that  we  believe  to  be 
illegal  or  unenforceable  (regarding  your  obligation  to 
pay  us  or  otherwise)  under  applicable  law;  or  which  is 
otherwise limited or prohibited, including but not limited 
to any transaction involving or relating to any gambling 
activity.  Such  prohibition  or  limitations  may  affect 
some  otherwise  proper  or  allowable  transactions  such 
as  charges  incurred  at  a  hotel-casino.  You  understand 
and  agree  such  limitations/prohibitions  are  not  within 
the  Credit  Union’s  control  and  that  the  Credit  Union 
will  not  have  any  liability,  responsibility  or  culpability 
whatsoever  for  any  such  use  by  you  or  any  authorized 
user(s);  or  for  declining  to  accept,  process,  or  pay  any 
such  transaction.    You  further  agree  to  indemnify  and 
hold the Credit Union harmless from any suits, liability, 
damages  or  adverse  action  of  any  kind  that  results 
directly or indirectly from any such use of your account 
and/or  access  devices.  Notwithstanding  the  foregoing, 

you will remain fully obligated to pay any indebtedness 
incurred in contravention of the foregoing limitations. We 
may  block  any  transaction  that  we  believe  may  violate 
this provision.

LIABILITY  FOR  UNAUTHORIZED  USE.  Except  as  expressly 
limited  by  law  and  within  this  Agreement,  you  are  liable 
for all Charges on the Card, authorized and unauthorized. 
If the Card or Account number is lost or stolen, or if you 
think  that  someone  used  or  may  use  them  without  your 
permission, you must notify the Credit Union immediately 
by calling 800.336.6309.
•  Definition.  “Unauthorized  use”  means  any  use  by  a 
person who is not an authorized signer on the Account, 
was  not  expressly  or  impliedly  authorized  by  such  a 
person, and from which such a person derives no benefit. 
“Unauthorized use” excludes any transaction conducted 
by:  (i)  a  Company  co-owner;  (ii)  the  Cardholder  or  any 
person authorized by the Cardholder, including a person 
to whom the Cardholder gave the Card or Card number, 
even if the person exceeds or violates your instructions; 
or (iii) any other person with an interest in or authority 
to transact business on the Account. You agree to tell us 
what you know about the unauthorized use and assist us 
in any investigation or actions we take in connection with 
unauthorized usage.

•  Liability. Unless otherwise required by law and subject to 
Visa  International  Operating  Regulations,  Company  has 
unlimited liability for unauthorized use of the Account or 
any Card.

FINANCIAL  AND  CREDIT  INFORMATION.  Unless  otherwise 
specifically agreed in writing by Credit Union, Company shall 
furnish  Credit  Union  with  an  annual  financial  statement 
at  the  end  of  each  year;  and/or  shall  furnish  such  other 
information  as  the  Credit  Union  may  reasonably  request 
from time to time within 15 days from the date of any such 
request. You authorize the Credit Union to make whatever 
credit inquiries or investigations about you that the Credit 
Union  deems  appropriate.  This  includes  obtaining  your 
consumer report from time to time. The Credit Union may 
disclose to others, such as credit bureaus, merchants and 
other financial institutions, information about the Account 
and  your  performance  under  this  Agreement,  subject  to 
applicable law.

CLOSING THE ACCOUNT. By you: You may close the Account 
at any time by notifying the Credit Union in writing at the 
address shown on your monthly statement. You must return 
all Cards with your notice. However, you remain responsible 
to pay the amounts you owe us according to the terms of 
this Agreement. By the Credit Union: The Credit Union may 
close or suspend a Card or the Account at any time without 
cause and without prior notice, subject to applicable law, or 
reissue a different Card at any time. Upon closure (whether 
by  you  or  the  Credit  Union),  your  right  to  use  the  Card 
and to make Charges to the Account will be automatically 
revoked.

GOVERNING  LAW/CONFLICTING  TERMS.  The  Account  will 
be  governed  by  U.S.  federal  law  and,  to  the  extent  not 
preempted, the laws of the state of South Carolina, even if 
you use the Account outside of South Carolina or the U.S. 
The  terms  of  this  Agreement  supersede  any  conflicting 
terms set forth on a sales slip or credit card draft. If any 
part of this Agreement is found to be unenforceable, the 
remainder of the Agreement will remain in full force and 
effect.

SECURITY  INTEREST.  This  Account  is  not  secured  by  any 
real  property  whatsoever,  even  if  another  document  you 
have  with  us  purports  to  grant  such  a  security  interest. 
If  Company  has  given  us  a  security  interest  in  money  or 
other  personal  property  in  a  separate  agreement,  that 
personal property may also secure your obligations under 
this Account.

CHANGING THIS AGREEMENT. We may amend this Agreement 
from time to time, including the addition of entirely new 
provisions, by sending such notice as may be required by 
law.  Notice  may  be  sent  to  Company  at  the  last  address 
shown  in  our  records  for  the  Account.  Unless  we  state 
otherwise,  balances  existing  on  the  effective  date  of  any 
amendment,  as  well  as  future  activity,  will  be  subject 
to  the  terms  of  the  amended  Agreement  to  the  extent 
permitted by law.

SALE  OF  ACCOUNT.  We  may  sell,  securitize,  encumber  or 
otherwise transfer the Account, Cards and any interest in 
them to any party without your knowledge or consent, from 
time to time.

OTHER  FEATURES.  We  may,  from  time  to  time,  offer  you 
other features on the Cards. These may be effectuated by 
a notice of change in terms above or by a separate contract 
or amendment to this Agreement, at our option.

ACCESS  TO  ACCOUNT  INFORMATION.  You  agree  that  all 
borrowers  and  authorized  users  will  have  access  to 
information  regarding  transactions  on  your  account, 
including but not limited to purchases and cash advances, 
account  balances,  account  history,  payments  and  other 
information  relating  to  or  arising  with  regard  to  this 
account or any transaction.

the 

TRAVEL/MERCHANDISE  REWARDS  PROGRAM.  Participation 
in 
travel/merchandise  purchase  point  program 
is  automatic  with  this  Visa  credit  card  program.  You 
understand and agree we are not obligated to continue or 
to  offer  such  a  program.  We  reserve  the  right  to  change 
the program and/or any third party program servicer with 
or without conversion of points, privileges, point accruals, 
redemption periods, etc. If benefits are withdrawn prior to 
any accrued use by you, we have no obligation to provide 
any benefit, enhancement, consideration or compensation 
to  you  or  anyone.  Program  rules  are  provided  by  the 
program servicer and you agree to abide by those terms of 
use as amended from time to time.

ILLEGAL  TRANSACTIONS.  You  warrant  and  agree  that  your 
account  and  any  card(s)  issued,  and  any  other  access 
device  or  any  related  account  will  not  be  used  to  make 
or  facilitate  any  illegal  transaction(s)  as  determined  by 
applicable law; and that any such use, including any such 
authorized  use,  will  constitute  an  event  of  default  under 
this Agreement. The Credit Union may decline to accept, 
process or pay any transaction that we believe to be illegal 
or  unenforceable  (regarding  your  obligation  to  pay  us) 
under  applicable  law,  including  but  not  limited  to  any 
transaction involving or relating to any gambling activity. 
You agree that the Credit Union will not have any liability, 
responsibility or culpability whatsoever for any such use by 
you or any authorized user(s); or for declining to accept, 
process, or pay any such transaction. You further agree to 
indemnify  and  hold  the  Credit  Union  harmless  from  any 
suits, liability, damages or adverse action of any kind that 
results directly or indirectly from such illegal use.

FREEZING AVAILABLE CREDIT LINE. To protect you and us, the 
Credit Union, in its sole discretion, may place a temporary 
freeze on all or part of the credit available to you for new 
purchases or cash advances under this agreement any time 
the Credit Union receives a large payment ($1,000.00 or 
more),  by  a  method  other  than  cash,  certified  funds  or 
electronic  transfer.  In  such  cases,  the  Credit  Union  may 
freeze your credit line until payment is actually collected 
by us.

TERMINATING AUTHORIZED USERS CARD(S). Company shall 
have sole responsibility for notifying Credit Union in writing 
regarding cancellation of charging privileges of authorized 
user(s). Company shall return to the Credit Union the card 
upon cancellation. Company shall be responsible for any 
and all charges made prior to the return of the card to the 
Credit Union.

CHANGING THIS AGREEMENT. Credit Union may change the 
terms of this Agreement, including the Annual Percentage 
Rate, at any time. Except where limited by applicable law, 
the  new  terms,  including,  but  not  limited  to,  increasing 
the finance charge or the way the Credit Union calculates 
finance charges, late charges, and the minimum payment 
due, will apply both to new purchases and cash advances 
and to the existing outstanding balance of your account as 
of  the  day  of  the  change.  In  accordance  with  applicable 
law,  the  Credit  Union  will  notify  you  of  any  increased 
charge  or  change  by  writing  to  you  at  the  most  recent 
address shown for you on the Credit Union’s records.

DELAY  IN  ENFORCEMENT/WAIVERS.  The  Credit  Union  may 
delay  or  waive  enforcement  of  any  of  the  provisions  of 
this Agreement, including any agreement to make timely 
payments,  without  losing  its  right  to  enforce  the  same 
provision later or any other provisions of this Agreement. 
You waive the right to receive notice of any waiver or delay 
or  presentment,  demand,  protest  or  dishonor.  You  also 
waive any applicable statute of limitations to the full extent 

permitted  by  law  and  any  right  you  may  otherwise  have 
to require the Credit Union to proceed against any person 
before suing you to collect. You understand that the Credit 
Union will not be liable for a merchant’s or other parties’ 
refusal to honor your Card whether due to an error by the 
Credit Union, the merchant, the Credit Union’s authorized 
agent, or other third party.

CHANGE OF NAME OR ADDRESS. You will notify immediately 
the Credit Union in writing if your name, home address, or 
employment changes.

CONTACT INFORMATION:

Greenville Branch
1501 Wade Hampton Blvd
Greenville, SC  29609
Fax:  864.370.9414

Greenville Branch
3375 Pelham Rd
Greenville, SC  29615
Fax:  864.371.6079

Mauldin Branch
142 Tanner Rd
Greenville, SC  29607
Fax:  864.676.9067

Greer Branch
107 W Church St
Greer, SC  29650
Fax:  864.877.4642

www.greenvillefcu.com
Toll Free:  800.336.6309

To report a lost or stolen Visa credit card after business 
hours, call toll free:  866.820.6796  You  may also call the 
credit union toll free number and respond as prompted: 
800.336.6309

Note:  The information in this document is accurate as of 
the printing date and is subject to change.  For changes 
since printing, please contact us as noted above.

7/2018

M-125089

Greenville Branch 3375 Pelham Road Greenville, SC 29615 864.371.6060 Fax: 864.371.6079Greenville Branch 1501 Wade Hampton Blvd. Greenville, SC 29609 864.235.6309 Fax: 864.370.9414Mauldin Branch 142 Tanner Road Greenville, SC 29607 864.676.9066 Fax: 864.676.9067Greer Branch 107 W. Church Street Greer, SC 29650 864.877.9089 Fax: 864.877.4642www.greenvillefcu.com 800.336.6309To report a lost or stolen VISA credit card  after business hours, call toll-free 800.654.7728.Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.M-108720When TravelinG. Because card fraud continues to increase at an alarming pace the Credit Union takes extensive measures to minimize and prevent fraud. There are precautionary measures you should take as well:•  Notify the Credit Union of your extensive domestic or international travel plans•  Inquire about potential blocking of transactions in certain countries or locales•  Test your card and PIN before traveling•  Verify your card will not expire during your travels•  Carry alternative payment methods—travelers checks, additional credit or debit cards, etc.•  Do not pack or carry all payment methods in one place—put one in your wallet and another in your suitcase, etc.•  Remain alert to pickpockets•  Photocopy all payment methods, front and back, and keep copies on hand and at homeYOUr BillinG riGhTS STaTeMenT KeeP ThiS nOTiCe FOr FUTUre USeThis 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 STaTeMenT / BillinG aT: Greenville Federal Credit Union Card Services  1501 Wade hampton Blvd, Greenville, SC 29609If you think your statement is wrong, or if you need more information about a transaction on your statement, you must write to us on a separate sheet of paper to the address listed in your periodic statement. You should write to us as soon as possible. We must hear from you no later than 60 days after we sent you the first statement on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, you should give us the following information:•  Your name and account number. •  The dollar amount of the suspected error. •  Describe the error and explain 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 checking account, you can stop payment on any amount you think is wrong. To stop the payment, your letter must reach us 3 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 the bill that are not in question.If we find that we made a mistake on your statement, you will not have to pay the FINANCE CHARGES related to any questioned amount. If we didn’t 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 us and the date that it is due.If you fail to pay the amount we think you owe us, we may report you as delinquent. However, if our explanation does not satisfy you and you write us within 10 days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your statement. 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 you and us when it finally is. If we don’t follow these rules, we can’t collect the first $50.00 of the questioned amount, even if the statement 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:1. You must have made the purchases in your home state or, if not within your home state, within 100 miles of your current mailing address; and 2. The purchase must have been more than $50.00. These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the property or services.you to collect. You understand that the Credit Union will not be liable for a merchant’s or other party’s refusal to honor your Card whether due to an error by the Credit Union, the merchant, the Credit Union’s authorized agent, or other third party.ChanGe OF naMe, aDDreSS Or eMPlOYMenT. You will notify the Credit Union immediately in writing if your name, home address, or employment changes.aDDiTiOnal TerMS OF aGreeMenT. To the extent not prohibited by applicable law, the terms, interpretation and enforcement of any claim or dispute arising under this Agreement, as well as all parties’ rights and duties, will be governed by South Carolina state law regardless of where you may reside or use your account. Further, this Agreement is the contract which governs all transactions on your Account even though sales, cash advances, credit or other slips may contain different terms. You may not transfer or assign your account or Card to any other person. The Credit Union may assign or transfer this Account, your Account balance, or this Agreement to another party which will have all of our rights hereunder. This Agreement is binding on your heirs and legal representatives. if there are joint obligors or authorized users for this credit plan, each of you will have the right to use the account to obtain loans pursuant to the terms hereof. any one obligor’s elections, transactions and directions to the Credit Union shall be binding upon all obligors. Each of you will be liable for all obligations owing on the Account whether borrowed by you or otherwise and whether within or beyond the credit limit. Your liability will be joint and several. Either party has the right to cancel this Agreement. Further each of you is responsible for all amounts borrowed by any authorized user(s). Authorized users and other users may also be required to repay the amount owed for charges they make; however, you remain, at all times, primarily responsible for all amounts owed. All Cards, billing statements and notices will be mailed or delivered to the address given on the application for either applicant unless you direct otherwise in writing. If any law or judicial ruling makes any part, provision, sentence or section of this Agreement unenforceable, the remainder will continue in full force and effect. You agree that your account will also be subject to all rules and regulations of VISA U.S.A., Inc. as applicable, which are incorporated herein by reference. If there is any conflict between this Agreement and the rules and regulations of VISA U.S.A., Inc. the rules and regulations of VISA U.S.A., Inc. will control, as applicable. liMiTaTiOn OF laWSUiTS. You agree that any lawsuit based on a cause of action against us must be filed within one year from the date it arises or you shall be barred from filing any lawsuit. This limitation includes tort, contract and all other causes of action for which you and we may lawfully contract to limit.PaYMenT PrOTeCTiOn OPTiOnS. If you elect insurance as set forth in your application and your insurance application is approved, the charges will be added to your Account balance each billing cycle. Credit insurance is voluntary and not required to obtain a credit card account with us. You have a right to terminate this insurance at any time by notifying us in writing.aUTOMaTeD PaYMenTS. If you establish automated payments to your Account from any source and your designated account does not contain sufficient funds to remit the required minimum monthly payment, you are responsible for making the required minimum monthly payment by the due date.illeGal TranSaCTiOnS. You warrant and agree that your Credit Card, other access device or any related account will not be used to make or facilitate any illegal transaction(s) as determined by applicable law; and that any such use, including any such authorized use, will constitute an event of default under this Agreement. Certain federal and/or state laws or Card Service Providers’ Rules may limit or prohibit certain transactions such as (but not limited to) those coded as possible gambling transactions. The Credit Union may decline to accept, process or pay any transaction that we believe to be illegal or unenforceable (regarding your obligation to pay us or otherwise) under applicable law; or which is otherwise limited or prohibited, including but not limited to any transaction involving or relating to any gambling activity. Such prohibition or limitations may affect some otherwise proper or allowable transactions such as charges incurred at a hotel-casino. You understand and agree such limitations/prohibitions are not within the Credit Union’s control and that the Credit Union will not have any liability, responsibility or culpability whatsoever for any such use by you or any authorized user(s); or for declining to accept, process, or pay any such transaction. You further agree to indemnify and hold the Credit Union harmless from any suits, liability, damages or adverse action of any kind that results directly or indirectly from any such use of your account and/or access devices.Devices that occur before we are notified. However, your liability for unauthorized use on networks other than VISA will not exceed $50.00. In any case, you will not be liable for any unauthorized use after notifying us of the loss, theft or unauthorized use of your Card or other Access Devices.DeFaUlT. You will be in default if: (a) you fail to pay the Minimum Payment Due by the Payment Due Date; (b) the Credit Union, in its sole discretion, feels insecure (For example: Our good faith belief that your ability to pay your account is impaired; use of your account in any manner or in any way that may expose the Credit Union to a risk of loss; etc.); (c) your ability to repay is materially reduced by a change in your employment, by an increase in your obligations, by bankruptcy or insolvency proceedings involving you, by your death, or (for community property state residents only) by a change in marital status or domicile; (d) you exceed your credit limit without our permission; (e) you have made a false or misleading statement to us in your application or otherwise; (f) you are in default under any other agreement with us; (g) if you use or authorize the use of any Card(s) to make or facilitate any illegal transaction; or (h) you fail to perform any of your other obligations under the terms of this Agreement as it may be amended from time to time. Upon default we may close your Account to future purchases and advances and, to the extent not prohibited by Governing Law, demand immediate payment of your entire Account balance, after giving you any notice and opportunity to cure the default if required by applicable law. The Credit Union’s sole obligation hereunder with regard to determining and declaring an event of default is the exercise of “good faith,” based on its subjective understanding of applicable facts. We shall also have the right to close your account and terminate access privileges where your account is inactive for such periods of time as we may from time to time determine to be appropriate for protecting both our and your interests.COlleCTiOn COSTS. You agree to pay all costs incurred by the Credit Union in collecting any amounts you owe or in enforcing or protecting the Credit Union’s rights under this Agreement, including attorneys’ fees of 20% of the unpaid balance or such greater sum as may be reasonable, and also those costs, expenses and attorneys’ fees incurred in any appellate, bankruptcy and post-judgment proceedings, except as limited or prohibited by applicable law.UPDaTinG anD DiSClOSinG FinanCial inFOrMaTiOn. We may report your performance under this Agreement to credit reporting agencies and secure follow-up credit reports on you for any legitimate business reason, including if you fail to make your minimum payments on time. We can reinvestigate and reevaluate any information you provide on your Visa Application at any time, and in the course of doing so, we may ask you to provide additional information, request credit bureau reports and/or otherwise verify your current credit standing.Access to Account Information. You agree that all borrowers and authorized users will have access to information regarding transactions on your account, including but not limited to purchases and cash advances, account balances, account history, payments and other information relating to or arising with regard to this account or any transaction.ClOSinG YOUr aCCOUnT. Any individual cardholder without the consent of other cardholders may close your Account at any time by notifying us in writing as indicated in this Agreement. Credit Union may close your account or suspend your Card privileges at any time without prior notice. Credit Union may also reissue a different Card or different checks at any time. You must return the Card to the Credit Union upon request. You agree that the Card and all Access Devices remain the property of Credit Union. Each Card we issue will have an expiration date. Upon expiration of your Card your account will automatically terminate; or the Credit Union, in its sole discretion, may extend your Agreement and issue a new card with a new expiration date. If your account is closed, expires or your credit privileges are terminated or suspended, you will remain responsible for paying all amounts you owe us according to the terms of this Agreement. Without limiting the foregoing, the Credit Union has the right to terminate your line of credit and to demand the return of all cards, access checks and other access devices if the Credit Union, in its sole discretion, feels that it is insecure for any reason whatsoever; including but not limited to mismanagement of your account, failing to safeguard any access device, creation of any credit balances by you that may increase the risk of loss or exposure of the Credit Union or failing to cooperate with the Credit Union or others with regard to any claim of unauthorized use or any other defense to payment under applicable law.ChanGinG ThiS aGreeMenT. The Credit Union may change the terms of this Agreement, including the Annual Percentage Rate, at any time. Except where limited by applicable law, the new terms, including, but not limited to, increasing the finance charge or the way the Credit Union calculates finance charges, late charges, and the minimum payment due, will apply both to new purchases and cash advances and to the existing outstanding balance of your account as of the day of the change. In accordance with applicable law, the Credit Union will notify you of any increased charge or change by writing to you at the most recent address shown for you on the Credit Union’s records.DelaY in enFOrCeMenT/WaiverS. The Credit Union may delay or waive enforcement of any of the provisions of this Agreement, including any agreement to make timely payments, without losing its right to enforce the same provision later or any other provisions of this Agreement. You waive the right to receive notice of any waiver or delay or presentment, demand, protest or dishonor. You also waive any applicable statute of limitations to the full extent permitted by law and any right you may otherwise have to require the Credit Union to proceed against any person before suing 2/2013Visa® BusinessDisclosureCONTACT INFORMATION:Greenville Branch1501 Wade Hampton BlvdGreenville, SC  29609Fax:  864.370.9414Greenville Branch3375 Pelham RdGreenville, SC  29615Fax:  864.371.6079Mauldin Branch142 Tanner RdGreenville, SC  29607Fax:  864.676.9067Greer Branch107 W Church StGreer, SC  29650Fax:  864.877.4642www.greenvillefcu.comToll Free:  800.336.6309To report a lost or stolen Visa credit card after business hours, call toll free:  866.820.6796  You  may also call the credit union toll free number and respond as prompted: 800.336.6309Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.GREENVILLE FEDERAL CREDIT UNION
Visa® Business with Rewards

Important Information About Your  
Quarterly Variable Credit Card Account

 Interest Rates and Interest Charges

ANNUAL 
PERCENTAGE RATE*
 (APR)  for 
Purchases, Balance 
Transfers, and Cash 
Advances

Paying Interest

11.99% or 14.99%* 
as of 06/30/2018 based upon credit 
union’s underwriting at the time of 
approval. 

Your rate can vary quarterly based on 
changes in the Prime Rate as described 
below. 

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 begin charging 
interest on cash advances and balance 
transfers on the transaction date. 

 Fees

Annual Fee

None

Transaction Fees

Balance Transfers and 
Cash Advances
None

Card
Replacement
$ 5.00

Research and Copy
$25/hour,  
$2.00 per page

Penalty Fees

Late Payment Fee: 

      $20

Returned Payment Fee:   $37.50

Commercial Use Only: No charges or cash advances may be incurred 
for personal, family, or household purposes.

* The Annual Percentage Rate can change on a quarterly basis. The rate 
is determined by using an independent Index—the Wall Street Journal 
Prime Rate (when a range of rates has been published, the highest rate 
will be used)—rounded up to the next even quarter percent, and to the 
Index is added a Margin of 6.99% or 9.99%. The Index used will be the 
Prime Rate as of the 15th day of January, April, July and October; and your 
rate can change with each monthly statement cut-off in March, June, 
September, and December. 

This  information  about  the  costs  of  the  Visa  card  described  in  this 
disclosure is accurate as of the printing date and subject to change. To 
find out what may have changed, call us at 800.336.6309 or 864.235.6309 
during business hours, visit us online at www.greenvillefcu.com or write to 
us at 1501 Wade Hampton Blvd, Greenville, SC 29609.

THIS  IS  YOUR  AGREEMENT  AND  DISCLOSURE  STATEMENT 
WITH  GREENVILLE  FEDERAL  CREDIT  UNION.  PLEASE  READ  IT 
CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES 
ALL  PRIOR  AGREEMENTS  AND  DISCLOSURE  STATEMENTS 
RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS 
AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, 
AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED 
BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, 
YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, 
WHICHEVER OCCURS FIRST.

PARTIES. In this Agreement, the word “Company” refers to 
the  business  organization  or  sole  proprietorship  that  has 
applied  for  the  Account.  The  word  “Cardholder”  means 
a  person  for  whom  Company  has  requested  and  to  whom 
we have issued a Card. The words “you” and “your” mean 
Company, all Cardholders, all authorized signers, anyone to 
whom any of you give a Card (even if they exceed or violate 
your  instructions),  and  anyone  else  authorized  to  use  the 
Account. The words “Credit Union,” “we,” “our” and “us” 
refer to Credit Union. 

DEFINITIONS: In this Agreement, the word “Card” means one 
or more credit cards, or other devices by which credit may be 
accessed other than a check, issued on the Account. “Card” 
includes any tangible card with a number embossed on it; a 
card number; or a card number issued without a tangible card 
(sometimes called a “virtual card”). The term “Outstanding 
Balance”  includes  the  outstanding  balance  of  purchases, 
finance  charges,  and  other  fees  and  charges  associated 
with the Account. “Charges” refers to all amounts charged 
to  the  Account,  including,  without  limitation,  purchases, 
any  transaction  in  which  you  have  evidenced  an  intention 
to  make  a  purchase,  miscellaneous  charges  and  fees,  and 
any other monetary obligations associated with the Account. 
“Applicable Law” shall include: “(i) Visa U.S.A. Inc. Bylaws, 
Visa  U.S.A.  Inc.  Operating  Regulations,  Visa  U.S.A.  Inc. 
Certificate of Incorporation, Visa International Bylaws, and 
Visa  International  Operating  Regulations;  and  (ii)  any  and 
all laws, treaties, rules, regulations, or regulatory guidance 
of the government of the United States, any state thereof, 
or of any applicable foreign government or state thereof, as 
the same may be amended and in effect from time to time.

AGREEMENT  EFFECTIVE.  This  Agreement  becomes  effective 
on the earlier of (a) 15 days after the Credit Union sends you 
the first Card; or (b) your first use of the Card or Account. 
Any use of the Card or Account constitutes your acceptance 
of  the  terms  of  this  Agreement.  If  you  do  not  wish  to  be 
bound  by  this  Agreement,  you  must  not  use  (or  authorize 
anyone  else  to  use)  the  Card  or  Account  and  must  cancel 
the Account and return all of the Cards within 15 days after 
receiving them.

PLEDGE OF SHARES AND SECURITY INTEREST: 
BY  SIGNING  AN  APPLICATION,  ACCEPTANCE  OR  AUTHORIZED 
USE  OF  ANY  CREDIT  CARDS,  YOU  GRANT  AND  PLEDGE  A 
CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT 
OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU 
ACKNOWLEDGE  OUR  STATUTORY  LIEN  RIGHTS  UNDER  THE 
FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS 
IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; 
AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED 
AT  THE  TIME  OF  ANY  DEFAULT  ON  THIS  ACCOUNT  WITHOUT 
FURTHER NOTICE.
“Shares”  for  the  purpose  of  your  pledge  to  secure  your 
obligations to the Credit Union means all deposits in any share 
savings,  share  draft,  club,  certificate,  or  other  account(s)  of 
the borrower or any guarantor, whether jointly or individually 
held—regardless  of  contributions—that  you  have  on  deposit 
now or in the future.

CREDIT LIMITS
•	 Company  Credit  Limit.  We  will  establish  and  notify 
Company  of  a  credit  limit  for  the  Account  (“Company 
Credit  Limit”).  We  may,  at  any  time  and  at  our  sole 
option, with or without notice to you, increase or decrease 
the  Company  Credit  Limit  on  the  Account.  Without 
limiting  the  foregoing,  we  may  reduce  the  amount  of 
credit available under the Company Credit Limit by the 
amount of any request for authorization from a merchant 
or  financial  institution  even  if  the  amount  has  not  yet 
posted to the Account.

You agree not to use, or allow anyone else to use, the Card 
or Account in any way that would cause the balance of 
purchases on the Card or Account, to exceed the Company 
Credit  Limit.  We  are  not  under  any  circumstances 
obligated to approve any transaction or extend credit if 
doing  so  would  exceed  any  applicable  limit;  but  if  we 
do, Company agrees to repay all Charges that exceed the 
Company Credit Limit, plus other applicable Charges in 
accordance  with  the  terms  of  this  Agreement.  Fees  for 
exceeding the Company Credit Limit appear in Schedule.

•	 Cardholder Credit Limit. We may establish individual credit 
limits for purchases on a per Card basis, referred to as 
“Cardholder Credit Limits.” In no event may a Cardholder 
Credit Limit exceed the Company Credit Limit.

We may, at any time and at our sole option, with or without 
notice to you, increase or decrease the Cardholder Credit 
Limit  on  any  Card.  Without  limiting  the  foregoing,  we 
may  reduce  the  amount  of  credit  available  under  the 
Cardholder Credit Limit on a Card by the amount of any 
request  for  authorization  from  a  merchant  or  financial 
institution even if the amount has not yet posted to the 
Account.

You  agree  not  to  use,  or  allow  anyone  else  to  use,  the 
Card or Account in any way that would cause the balance 
of purchases on the Card to exceed the Cardholder Credit 
Limit or Company Credit Limit.

We  are  not  under  any  circumstances  obligated  to 
approve  any  transaction  or  extend  credit  if  doing  so 
would exceed an applicable Cardholder Credit Limit; but 
if we do, you agree to repay all Charges that exceed the 
Cardholder Credit Limit, plus other applicable Charges 
in accordance with the terms of this Agreement. 

If Company elects to enroll in the Company Bill option, 
we  may  also  establish  individual  spending  limits  for 
purchases  on  a  per  Card  basis,  referred  to  as  “Spend 
Limits.” We may, at any time and at our sole option, with 
or without notice to you, increase or decrease the Spend 
Limit on any Card.

Spend  Limits  operate  differently  than  Credit  Limits. 
Once  the  Spend  Limit  for  the  billing  cycle  on  a  Card 
has been reached, the Card becomes unusable for the 
remainder of that cycle, even if you or Company makes 
a  payment  on  the  Account  or  Card  during  that  cycle. 
The Spend Limit on the Card will not be refreshed, and 
the Card will not be reactivated, until the first day of the 
next billing cycle. It is your responsibility to monitor the 
status of your Spend Limit.

THE CARDS
•  Signature  Panel.  For  your  protection,  the  back  of  the 
Card contains a signature panel which must be signed 
before the Card may be used.

•  Credit Union’s Property.  The  Card  is  the  property  of  the 
Credit Union and must be returned to the Credit Union 
on  request.  The  Credit  Union  may  revoke  any  Card  or 
all of the Cards at any time, without cause and without 
notice. If a merchant or a financial institution where the 
Card is attempted to be used asks for the surrender of 
the Card, you must surrender it immediately.

•  Expiration. The Card will not be valid after the expiration 
date printed on the front of the Card, and it must not be 
used after that date.

•  Renewal and Replacement Cards. The Credit Union may 
issue renewal or replacement Cards in its sole discretion.
•  Additional Cards. You may request additional Cards. You 
are responsible for all charges to the Account made by 
holders of additional Cards.

AVAILABLE  TRANSACTIONS  -  Only  for  business  purposes.  
Subject to the other terms and conditions of this Agreement, 
the  Cards  and  Account  may  be  used  only  for  business 
(non-consumer)  purposes  for  the  types  of  transactions 
shown below. You agree not to use the Cards or Account 
for any transactions that are primarily for personal, family 
or  household  purposes,  although  Company  agrees  to  pay 
for such Charges:
•  Purchases.  To  purchase  goods  and  services  wherever 

Visa cards are honored.

•  Fraudulent  or  Questionable  Transactions.  We  reserve  the 
right to decline to authorize any requested transaction 
which we reasonably believe is or may be unauthorized 
or fraudulent in any respect.

LIABILITY / PROMISE TO PAY. Company promises to pay any 
Charges resulting from use of a Card or the Account, plus 
all interest, fees and other amounts due on the Account. 
This Agreement is not in derogation of any other obligation 
the Company may have with the Credit Union.

GUARANTY.  Each  Guarantor 
jointly,  severally,  and 
unconditionally  guarantees  payment  of,  and  agrees  to 
pay  to  our  order  upon  demand,  all  present  and  future 
obligations  at  any  time  outstanding  under  your  Account 
pursuant to this Agreement or any extension, renewal, or 
modification  hereof.  The  obligations  under  this  guaranty 
are  independent,  and  each  Guarantor  agrees  as  follows: 
(I)  we  may  obtain  consumer  credit  reports  on  and 
provide  information  to  others  regarding  such  Guarantor; 
(II)  such  Guarantor  will  pay  all  our  expenses,  including 
our attorneys’ fees at trial or on appeal, that we incur in 
enforcing  all  obligations  under  this  Agreement  including 
this  guaranty;  and  (III)  such  Guarantor  hereby  grants 
us  a  security  interest  in  all  deposit  accounts  that  such 
Guarantor  may  maintain  with  us  or  any  of  our  affiliates 
(excluding IRA, Keogh, SEP  and certain trust accounts). 
This is a guaranty of payment and performance and not of 
collection. To the extent permitted by law, each Guarantor 
waives: (a) any right to require us to proceed against any 
other person associated with the Account; (b) any right to 
require us to proceed against or exhaust any security held 
by  us  at  any  time  or  to  pursue  any  other  remedy  before 
proceeding against such Guarantor; (c) all notices of any 
kind  or  the  lack  of  any  notice,  including  notice  of  any 
new  or  additional  indebtedness,  any  modification  of  any 
obligation, or obligation or notice of any action or nonaction 
on the part of you, us, any Guarantor or any other person; 
(d)  any  defense  based  upon  an  election  of  remedies  by 
us; (e) any right or claim of right to cause a marshaling of 
your assets or any Guarantor; (f) any invalidity, irregularity 
or unenforceability, in whole or in part, of this Agreement; 
(g) any right or claim of right to agree to any modification 
of  any  obligation  and  any  modifications  of  any  of  your 
obligations relating to this Account by operation of law or 
by action of any court, whether pursuant to the Bankruptcy 
Act, or any other Federal or State debtor relief law; (h) any 
action, occurrence, event or matter consented to by such 
Guarantor;  and  (i)  the  benefits  of  any  statutory  or  other 
provision limiting the liability of a surety to the extent of 
any conflict between the foregoing waivers and any waivers 
contained in this Agreement, provided that the waiver in 
each instance most expansive and beneficial to us will be 
deemed to control.

INDIVIDUAL-BILL OPTION. This Section applies if Company 
has  elected  to  have  statements  sent  to  individual 
Cardholders  and  we  are  able  to  provide  billing  in  such 
manner.
•  Statements  Sent 

Individual  Cardholders.  From 
time  to  time,  we  will  prepare  a  periodic  statement 
(“Statement”)  showing  the  total  amount  Cardholder 
owes  as  of  the  end  of  the  billing  period,  including 

to 

any  purchases,  interest,  fees,  the  minimum  payment 
due  and  other  amounts  transacted  with  the  individual 
Card  to  which  the  Statement  relates  during  the  billing 
period  and  the  Outstanding  Balance  of  the  Card.  We 
will, as a convenience to Company and Cardholder, mail 
the  Statement  to  the  individual  Cardholder  at  the  last 
address  shown  for  that  Cardholder  in  our  records.  It  is 
Cardholder’s  responsibility  to  review  the  Statements 
carefully  to  ensure  that  Cardholder  recognizes  all 
Charges  billed  and  that  the  amount  is  appropriate  for 
Cardholder to pay. Any discrepancies should be brought 
to Company’s and our attention immediately.

•  Change of Cardholder Address. Cardholder agrees to notify 
us  immediately  of  any  change  of  billing  address.  Until 
we are notified that the Cardholder’s billing address has 
changed, we will continue to send Statements and other 
notices to the last address we maintained for Cardholder.

COMPANY-BILL OPTION. This Section applies if Company has 
elected to have statements sent to Company.
•  Statements Sent to Company. From time to time, we will 
prepare a periodic statement (“Statement”) showing the 
total amount of Charges, including purchases, interest, 
fees  and  other  amounts  posted  to  the  Account  during 
the  billing  period  and  the  Outstanding  Balance  of  the 
Account.  We  will  mail  the  Statement  to  Company  at 
the  last  address  shown  for  Company  in  our  records.  It 
is  Company’s  responsibility  to  review  the  Statements 
carefully to ensure that Company recognizes all Charges 
billed and that the amount is appropriate for Company 
to  pay.  Any  discrepancies  should  be  brought  to  our 
attention immediately.

•  Change of Company Address. Company agrees to notify us 
within 10 days of any changes of address. Until we are 
notified that the Company’s billing address has changed, 
we will continue to send Statements and other notices to 
the last address we maintained for Company.

•  Payments.  Company  promises  to  pay  the  Credit  Union 
according  to  the  terms  of  this  Agreement  the  entire 
amount owing under this Agreement.

PAYMENTS GENERALLY
•  Payment Rules. You may not make any payment directly 
or indirectly by an advance on the Account. The Credit 
Union  will  have  sole  discretion  in  how  we  apply  the 
payments received on the Account, except that we will 
apply  payments  received  first  to  annual  fees,  next  to 
other fees, next to interest (finance charges), and next to 
purchases.

•  Minimum  Payment.  You  promise  to  make  at  least  the 
minimum  payment  due  on  the  Account  each  month 
as  shown  on  your  monthly  Statement.  The  minimum 
payment  each  month  will  be  equal  to  2%  of  the 
Outstanding  Balance,  plus  any  over  limit  amounts, 
fees, past due amounts and accrued but unpaid finance 
charges  (interest).  In  no  event  will  the  minimum 
payment be less than $25. If the Outstanding Balance is 
less than $25, the minimum payment will be the entire 
Outstanding Balance.

•  Making  Payments.  The  Credit  Union  must  receive  the 
minimum payment due at the address designated on your 
monthly Statement on or before the due date shown on 
your Statement. Payments received after any reasonable 
cutoff  hour  we  set  will  be  treated  as  received  on  the 
next business day. Receipt of your minimum payment at 
any address other than that designated on your monthly 
statement may create a delay in posting to the Account 
and result in a late fee and additional finance charge.
•  Payments.  All  payments  must  be  made  in  U.S.  Dollars 
drawn on funds on deposit in the United States. Please 
do not mail cash payments.

•  No Waiver or Impairment of Credit Union’s Rights. The Credit 
Union may accept late payments, partial payments or any 
payment marked with any kind of restrictive endorsement 
(such as “paid in full” or “in settlement”) without giving 
effect to the restrictive endorsement and without losing, 
waiving,  or  impairing  any  of  the  Credit  Union’s  rights 
under  this  Agreement  or  under  applicable  law.  Except 
for  billing  error  notices,  communications  regarding  any 
disputes  about  the  Account  must  be  mailed  to:  Attn: 
Card  Disputes,  1501  Wade  Hampton  Blvd,  Greenville, 
SC  29609. Any communications sent elsewhere, or our 
acceptance of payments marked “payment in full” or the 
like, will be of no legal effect.

DEFAULT.  If  you  are  in  default,  the  Credit  Union  may 
declare, without prior notice, the Outstanding Balance of 
the  Account  immediately  due  and  payable,  may  close  or 
suspend the Account or any of the Cards, and recover the 
Cards. You will be in default if any of the following occur 
as to the Account, any Card or Cardholder, or any principal 
(owner,  director,  officer  or  other  manager)  of  Company  or 
any Cardholder which is an organization:
•  We  do  not  receive  any  minimum  payment  due  at  the 

proper address on or before the payment due date;

•  You  exceed  any  applicable  Company  Credit  Limit  or 

Cardholder Credit Limit;

•  You  fail  to  honor  any  other  obligation  under  this 

Agreement;

•  You  or  any  guarantor  dies  or  becomes 

legally 

incapacitated;

•  You  or  any  guarantor  files  for  bankruptcy,  or  becomes 
insolvent or generally unable to pay your debts, or makes 
an assignment for the benefit of creditors;

•  You  or  any  guarantor  furnishes  false,  incomplete  or 
misleading information to the Credit Union at any time, 
including  on  the  Card  application,  or  any  financial 
statement  or  other  document  or  information  submitted 
to the Credit Union;

•  You  or  any  guarantor  are  in  default  under  any  other 

obligations to the Credit Union;

•  Another creditor attempts through legal process to take 

any of your or any guarantor’s money or property;

•  The  Credit  Union  reasonably  believes  that  you  or  any 
guarantor  are  unable  or  unwilling  to  honor  all  of  your 
obligations  under  this  Agreement  or  other  obligations 
either of you owe to us;

•  The  Credit  Union  has  evidence  or  reasonably  believes 
that  an  unauthorized  use  of  the  Card  or  Account  has 
been made or attempted;

•  There is any material change in the equity ownership or 

managerial control of Company.

INTEREST  (FINANCE  CHARGE).  The  following 
interest 
(finance)  charges  will  apply,  whether  before  or  after 
default, judgment, or the closing of the Account.

Monthly  Payments:  Credit  Union  shall  provide  Company 
with  a  statement  showing  all  charges  and  appropriate 
billing  data  regarding  all  fees  relating  to  employee 
Business Cards. Company will pay to Credit Union, within 
25 days from billing cycle closing date indicated on each 
statement,  an  amount  at  least  equal  to  2%  of  the  new 
balance  shown  (rounded  up  to  the  next  whole  dollar)  or 
$25,  whichever  is  greater,  on  such  statement;  plus  any 
minimum  payment  billed  in  prior  statements  shown  as 
past due or over the credit line which will be included in 
the “minimum payment due” amount on the statement. 

Finance Charges:
•  Purchases:  To  avoid  incurring  an  additional  Finance 
Charge  on  the  balance  of  credit  purchases  reflected 
on  your  statement  and  on  any  new  credit  purchases 
appearing  on  your  next  statement,  you  must  pay  the 
new balance billed on or before the payment due date. 
The  Finance  Charges  for  a  billing  cycle  are  computed 
by applying the daily periodic rate to the average daily 
balance multiplied by the number of days in the billing 
cycle  OR  the  monthly  periodic  rate  to  the  average 
daily balance of credit purchases, which is determined 
by  dividing  the  sum  of  the  daily  balances  during  the 
billing cycle by the number of days in the cycle. Each 
daily balance is determined by adding to the previous 
balance of credit purchases any new credit purchases 
posted to your account and subtracting  any payments 
as received and credits as posted to your account, but 
excluding any unpaid Finance Charges.

•  Cash  Advances:  The  Finance  Charge  on  cash  advances 
begins  to  accrue  on  the  date  you  obtain  the  cash 
advance or the first day of the billing cycle in which it is 
posted to your account, whichever is later. The Finance 
Charges  for  a  billing  cycle  are  computed  by  applying 
the  daily  periodic  rate  to  the  average  daily  balance 
multiplied by the number of days in the billing cycle OR 
the monthly periodic rate to the average daily balance 
during the billing cycle, which is determined by dividing 
the sum of the daily balances during the billing cycle 
by the number of days in the cycle. Each daily balance 
is  determined  by  adding  to  the  previous  balance  (the 
outstanding balance of your account at the beginning of 
the billing cycle) and any new cash advances received 
and  subtracting  any  payments  as  received  or  credit  s 
as  posted  to  your  account,  but  excluding  any  unpaid 
Finance Charges.

Greenville FeDeral CreDiT UniOnVISA Disclosure Chart: Visa Platinum, Visa Platinum with CURewards,  Visa Classic, Classic BeginninginTereST raTeS anD inTereST CharGeS annUal PerCenTaGe  raTe (aPr)  for Purchases,  Balance Transfers, and Cash advances 8.99% PLATINUM VISA 13.90% CLASSIC VISA 17.99% CLASSIC BEGINNING VISAThe Credit Union, at its sole discretion,  may change the aPr from time to time  in compliance with applicable laws and/or regulations. any change in the aPr will apply to new Purchases, Balance Transfers,  and Cash advances.Paying interestYour 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. Federal reserve Board Credit Card TipsTo learn more about factors to consider when applying for or using a credit card, visit  http://www.federalreserve.gov/creditcard.FeeSannual FeeVISA PLATINUM: NoneVISA PLATINUM with  OPTIONAL CURewards: $29VISA CLASSIC: NoneCLASSIC BEGINNING VISA: $49Transaction FeesCard Replacement$ 5.00ATM$ .75Foreign Transaction1%Paper Statement$ 2.00Research and Copy $25/hour, $1.00 per pagePenalty FeesLate Payment Fee: $20Returned Payment Fee: $25how We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).” See your account agreement for more details.Minimum Payment Due: If by the payment due date you do not pay your balance in full, you agree to pay at least the minimum billed payment amount of 2% of the New Balance (rounded up to the next whole dollar) or $20, whichever is greater. Should your New Balance be less than $20, you agree to pay the New Balance in full by the payment due date.The credit union will acquire a security interest in the property purchased with your credit card and collateral securing other loans with us may also secure this account. also, you are giving us a security interest in your shares and other deposits in the credit union.The information about the costs of the Visa card described in this disclosure is accurate as of 07/01/2010, and subject to change. To find out what may have changed, call us at 800.336.6309 or 864.235.6309 during business hours or visit online at www.greenvillefcu.com or write to us at 1501 Wade Hampton Blvd., Greenville, SC 29609.aGreeMenT anD DiSClOSUre THIS IS YOUR AGREEMENT AND DISCLOSURE STATEMENT WITH GREENVILLE FEDERAL CREDIT UNION. PLEASE READ IT CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES ALL PRIOR AGREEMENTS AND DISCLOSURE STATEMENTS RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, WHICHEVER OCCURS FIRST.DeFiniTiOnS. In this Agreement, the word “Card” means either one or more VISA credit cards and any duplicates, renewals or substitutions we issue. The words “you,” “your,” and “yours” mean all cardholders (borrowers and co-borrowers); anyone any cardholder permits to use the Card(s); as well as any authorized user for whom an additional Card(s) is issued to the extent of their purchases and cash advances, as well as transactions by anyone they permit to use the Card(s). The word “cardholder” means any applicant or co-applicant to whom a Card is issued by us. The words “Credit Union,” “we,” “us,” and “our” mean Greenville Federal Credit Union.PleDGe OF ShareS anD SeCUriTY inTereST. BY SIGNING AN APPLICATION, ACCEPTANCE OR AUTHORIZED USE OF ANY CREDIT CARDS, YOU GRANT AND PLEDGE A CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU ACKNOWLEDGE OUR STATUTORY LIEN RIGHTS UNDER THE FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED AT THE TIME OF ANY DEFAULT ON THIS ACCOUNT WITHOUT FURTHER NOTICE. “Shares” for the purpose of your pledge to secure your obligations to the Credit Union means all deposits in any share savings, share draft, club, certificate, P.O.D., revocable trust or custodial account(s), whether jointly or individually held — regardless of contributions, that you have on deposit now or in the future. Your pledge does not include any I.R.A., Keogh, tax escrow, irrevocable trust or fiduciary account in which you do not have a vested ownership interest.SeCUriTY aGreeMenT. “Non-Purchase-Money Security Interests” Payments on your Account are secured by any security interest in any property securing your other obligations to the Credit Union, whether existing now or in the future, except your household goods and your primary residence. “Purchase-Money Security Interests” You hereby grant the Credit Union security interest in all property purchased/acquired by you or any authorized user pursuant to the use of this Account, including a purchase-money security interest in any household goods purchased/acquired with an extension of credit upon this Account. These Purchase-Money Security Interests shall secure faithful performance of all obligations arising under this Agreement; and the Credit Union shall have all of the rights of a secured party in accordance with Article Nine of the Uniform Commercial Code and/or other applicable law.hOW TO USe ThiS aCCOUnT. You must sign the Card in order to use it. You can purchase or lease goods and services (“Purchases”) from any merchant who honors your Card up to your maximum credit limit by presen-ting your Card for the amount of the Purchase. You may also use the Card to obtain cash loans (“Cash Advances”) up to your maximum credit limit from financial institutions that accept the VISA credit card. You agree not to present your Card or obtain a Cash Advance for any extension of credit in excess of your available Credit Limit (the difference between your outstanding balance and your maximum credit limit) on your account. Certain purchases and cash advances require authorization prior to completion of the transaction. In some cases, you may be asked to provide identification. If our system is not working, we may not be able to authorize a transaction, even though you have sufficient credit available. Also, for security reasons, we may block the use of your Card in certain countries or geographic areas. We will have no liability to you or others if any of these events occur.aTM aCCeSS. If you have received a personal identification number (PIN), you may use your Card and PIN to obtain Cash Advances at any Automatic Teller Machine (“ATM”) that accepts your Card. Your PIN is confidential and should not be disclosed to anyone. You agree not to write your PIN on your Card, you will not keep your Card and PIN together, and you will not provide your PIN to anyone who is not an authorized user. Except as otherwise provided in this agreement, advances through ATM access will be treated as Cash Advances under this Agreement. Advances at authorized ATMs are limited to a total of $300.00 during any 24-hour period. The total of all cash advances on your Visa Account and any withdrawals from your other accounts through an ATM in any 24-hour period may be combined for the purpose of this limitation. Although we do not charge a fee for this service, others may. Owners of aTMs that we do not own may charge fees in addition to any fees disclosed in this agreement. This is not a fee charged by your Credit Union; however, any such fee will be added to your account. The party charging the fee is required to provide appropriate disclosures to you with regard to any such fees.MaxiMUM CreDiT liMiT. Your Maximum Credit Limit will appear on the folder in which you receive your Card and on your monthly statement. At our discretion, we may change your credit limit at any time, and may provide separate limits for purchases and for cash advances. We will notify you if we do, either by mail or through your monthly billing statement. You may request a change to your credit limit by contacting the Credit Union by telephone or mail. Your continued use of the card will show your agreement to any such increase. If you object to an increase in your credit limit, you must notify Credit Union in writing. Upon receipt of such notice, your credit limit will be reduced to its prior limit; however, you will be responsible to pay any amounts by which you have exceeded the reduced limit. You agree to pay any amounts you owe that exceed your maximum credit balance upon demand. You agree we are not obligated to extend to you credit for any amount that would cause your outstanding balance to exceed your Maximum Credit Limit, or for any amount if your outstanding balance already exceeds your Maximum Credit Limit. Any increase in your Maximum Credit Limit requested by you will require you to make a written application for our approval. In assessing your credit limit under the provisions in this Section (either at our discretion or upon request): (a) we may and you authorize us to review your credit history, including consumer credit reports; (b) you authorize us to have this review made by third parties to determine whether you meet the criteria we have set for such an increase; and (c) this process shall not be pre-screening under the Fair Credit Reporting Act or other applicable laws or regulations based on our existing relationship and this Agreement.Credit balances in excess of $1.00 will be refunded to you after collection as provided herein by mailing a check to the address to which statements are provided payable to the order of any cardholder. You agree that the Maximum Credit Limit will at no time exceed the agreed upon amount, and that any credit balance will not be available or increase the Maximum Credit Limit available for new purchases or cash advances during any billing cycle.liMiTS FOr aTM anD Over-The-COUnTer CaSh aDvanCeS can be determined by contacting the Credit Union’s credit card department. General TerMS GOverninG YOUr PaYMenTS. You will be jointly and severally liable and agree to pay the Credit Union for all charges (purchases, cash advances, finance charges, and other charges added to your Account under the terms of this or any other agreements with us) extended to you or anyone else using any Card issued for your account, unless the use of such Card is 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. Authority includes, but is not limited to, any authorized users permitting another person to use any Card(s). Further, all users are obligated to us for all charges they make, authorize or permit.The Credit Union can accept late or partial payments as well as payments that are marked with “paid in full” or other restrictive endorsements, without losing any of our rights under this Agreement. You must pay the Credit Union in U.S. dollars drawn on funds on deposit in the United States. If you make payment with other currencies or from an institution domiciled outside the United States, then your payment will not be credited until the funds have been col lected by us in U.S. dollars. The Credit Union will determine the method of applying payments and credits to your account, which will in all respects comply with any specific requirements of applicable laws. Unless otherwise required by specifically applicable laws, for payments received by mail by 5:00 PM Eastern Time, you will receive credit that day; and for payments made in any other manner, including in person, your account will be credited the day payment is received.You authorize us to honor any Pur chase or Cash Ad vance you make by telephone or mail on this account. You agree that a signature is not necessary as iden tification in such cases. We reserve the right to refuse to honor any request for credit, to reduce your credit limit or terminate your account at any time using our sole discretion, based on changes in the economy, the Credit Union’s financial condition, your creditworthiness or for any other reason not prohibited by law.To protect you and us, the Credit Union in its sole discretion may place a temporary freeze on all or part of the credit available to you for new purchases or cash advances under this agreement any time the Credit Union receives a large payment, by a method other than cash, certified funds or electronic transfer. in such cases, the Credit Union may freeze your credit line until payment is actually collected by us.MiniMUM PaYMenT DUe. The “Payment Due Date” will be shown on your periodic statement. You can pay off your account balance in full each month or you can pay in monthly installments. If you do not pay your balance in full, you agree to pay at least a minimum payment of 2% of your New Balance (rounded up to a whole dollar) or $20.00, whichever is greater at the end of each statement period. If the New Balance shown on your periodic statement is $20.00 or less, you agree to pay the full amount. You must pay at least the minimum payment each month, but you may pay more than that amount at any time without a penalty. Unless the Credit Union takes other action as a result of a default under this Agreement, the Minimum Payment Due will also include any amount that is past due and any amount by which your new balance exceeds your credit limit. Generally, payments above the minimum payment due will be applied first to higher interest rate balances and then lower interest rate balances. Late payments received will be applied as being your oldest payment then due. The sooner you pay your new balance, the less you will have to pay in finance charges.Grace Period for Repayment of the Balance for Purchases: Grace period for repayment of the balance for purchases will be no less than 25 days from the close of the billing cycle. See your statement for billing cycle date.reTUrnS anD aDjUSTMenTS. Merchants and others who honor your Card may give credit for returns or adjustments, and they will do so by sending the Credit Union a credit slip which will be posted to your Account. If your credits and payments exceed what you owe the Credit Union, the amount will be applied against future purchases and cash advances.aDDiTiOnal CharGeS FOr TranSaCTiOnS in a FOreiGn CUrrenCY anD “CrOSS-BOrDer” TranSaCTiOnS. Currency Conversion Fee: If you effect or authorize a transaction with your access device in a currency other than US Dollars, Visa will convert the charge into a U.S. Dollar amount. The Visa currency conversion procedure includes use of either a government mandated exchange rate, or a wholesale exchange rate selected by Visa, as applicable. The exchange rate Visa uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of the purchase or the date the transaction was posted to your account. A Currency Conversion Fee of up to 1% will be applied to transactions that are converted from foreign currencies to U.S. dollars. Cross-Border Transaction Fee: In addition, Visa charges us a Cross-Border Assessment up to 1% on each transaction on all cross-border transactions regardless of whether there is a currency conversion. For purposes of this Section, “cross-border transaction” shall include both (a) transactions initiated in a foreign country which are subsequently settled in the United States, and (b) transactions initiated in the United States but which are ultimately settled in a country outside of the United States. The Credit Union will charge these fees to you to reimburse us for the fee we are required to pay for each of your transactions subject to these terms. The Cross-Border transaction fee will be shown separately on your periodic billing statement. The Currency Conversion Fee, if it applies to the transaction, will be included in the transaction amount posted on your statement.FinanCe CharGeS On aCCOUnT. You agree to pay the FINANCE CHARGE on your account.A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue for new Purchases, if you do not pay the New Balance in full within 25 days after the billing date of the statement on which the new Purchases first appear. A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue on the transaction date of Cash Advance(s) or Purchases (except as provided above), or the first day of the billing cycle, whichever is later, and will continue to be imposed until you have paid any outstanding balance in full. The Credit Union calculates the FinanCe CharGe as follows:a.  The FinanCe CharGe will be figured by applying the monthly periodic rate of your Account, indicated in the following schedule, to the average daily balance of Purchases and Cash Advances. The monthly periodic rate and annUal PerCenTaGe raTe (aPr) to be used is determined by the account applied for or approved by us pursuant to the terms of your application.b.  To get the total average daily balance on your Account, we take the beginning balance of your Account each day, add any new Purchases and Cash Advances, unpaid Finance Charges, current late payment fees, any annual fee, if applicable, and other fees, and subtract any payments or credits. This is your daily balance. Then we add up all the daily balances for the billing cycle and divide their total by the number of days in the billing cycle. This gives you the average daily balance. This determines the balance subject to the FinanCe CharGe.c.  The Credit Union, in its sole discretion, may change the Monthly Periodic Rate and annUal PerCenTaGe raTe from time to time in compliance with any specifically applicable laws and/or regulations. Any change in the Finance Charge shall apply both to the outstanding balance and any new Purchase and Cash Advances. If the current effective rates are different, they are disclosed on an enclosed/attached insert.MOnThlY STaTeMenT. We will send you a monthly billing statement whenever there is activity on your account. Your monthly statement will show an itemized list of current charges (Purchases and Cash Advances) to your account, your new balance, any Finance Charges, the minimum payment due, and the payment due date. In addition, it will show your current credit limit, payments, and credits, a summary showing your Purchases and Cash Advances, the merchant, electronic terminal or financial institution at which transactions were made, as well as other information concerning your account. Sales, Cash Advance, credit or other slips will not be returned with any statement. You will retain a copy of such slip furnished at the time of the transaction in order to verify your monthly statement. E-Statements: If provided electronically, statements will be (1) e-mailed to you as an attachment; or (2) you will be sent a notice via e-mail that will direct you to a site we maintain or cause to be maintained where you may access, review, print and otherwise copy / download your periodic statements using procedures that we authorize. E-mails from us will be sent to the e-mail address provided by any owner of the account. aDDiTiOnal BeneFiTS/CarD enhanCeMenTS. The Credit Union may from time to time offer additional services to your Account, such as travel accident insurance, purchase rewards or rebates. You understand that the Credit Union is not obligated to continue or to offer such services and may withdraw or change them at any time. If these benefits are withdrawn prior to any accrued use by you, the Credit Union will have no obligation to provide the benefit or enhancement, or any other compensation or consideration.MerChanT DiSPUTeS. The Credit Union is not responsible for the refusal of any merchant or financial institution to honor your Card except as set forth in the Special Rules for Credit Card Purchases set forth at the end of this Agreement. laTe PaYMenT Fee. We will charge your account a late payment fee as previously disclosed for each billing period in which your minimum payment is not received by the payment due date. This fee may be added to your account balance or collected from you on demand.reTUrneD PaYMenT Or inSUFFiCienT FUnDS Fee. We will charge your account a fee as previously disclosed if your payment by any method, including check, electronic transfer, home banking transaction or otherwise, is not honored, collected by us, or if we must return it to you because it cannot be processed for any reason. This fee may be added to your account balance or collected from you on demand.CharGe FOr COPieS, reSearCh anD CarD rePlaCeMenT. If you ask for a copy of any document, such as a sales slip, or billing statement, or need to replace a card for any reason a fee as previously disclosed will be charged to you which may be added to your account balance or collected from you on demand. CarD reCOverY Fee. A card recovery fee as previously disclosed will be charged if you use the card(s) after we mail you notice of termination of this Agreement. The fee may be added to your account balance or collected from you on demand.YOUr reSPOnSiBiliTY anD liaBiliTY FOr UnaUThOrizeD USe anD lOST Or STOlen CarDS. If your Card is lost or stolen, or if you are afraid someone used or may use it without your permission, you must notify the Credit Union at once by calling toll-free: 1-800-336-6309. If notice is given orally, you will promptly confirm it in writing. The Credit Union may require you to provide us certain information in writing to help us investigate any unauthorized use. Further, you agree to cooperate and assist us or any government or law enforcement agent or agency in investigating, collecting or pursuing any other rights (civil and criminal) relating to any unauthorized use. In this regard, you agree to file an appropriate police report when asked to do so. Do not use the Card after you have notified the Credit Union, even if you find them or have them returned to you. You are liable for all transactions that you authorize. No Liability: You will have no liability for unauthorized use of your Card or other Access Devices for non-ATM transactions made over the VISA Network if the following conditions are met: (1) You have not been grossly negligent; and (2) You have not committed, participated in or conspired to commit any fraudulent act or scheme involving the use of your VISA credit card account. Limited Liability: For transactions on other networks or ATM transactions, you may be liable for unauthorized transactions using your Card or other Access GREENVILLE FEDERAL CREDIT UNION
Visa® Business with Rewards

Important Information About Your  
Quarterly Variable Credit Card Account

 Interest Rates and Interest Charges

ANNUAL 
PERCENTAGE RATE*
 (APR)  for 
Purchases, Balance 
Transfers, and Cash 
Advances

Paying Interest

11.99% or 14.99%* 
as of 06/30/2018 based upon credit 
union’s underwriting at the time of 
approval. 

Your rate can vary quarterly based on 
changes in the Prime Rate as described 
below. 

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 begin charging 
interest on cash advances and balance 
transfers on the transaction date. 

 Fees

Annual Fee

None

Transaction Fees

Balance Transfers and 
Cash Advances
None

Card
Replacement
$ 5.00

Research and Copy
$25/hour,  
$2.00 per page

Penalty Fees

Late Payment Fee: 

      $20

Returned Payment Fee:   $37.50

Commercial Use Only: No charges or cash advances may be incurred 
for personal, family, or household purposes.

* The Annual Percentage Rate can change on a quarterly basis. The rate 
is determined by using an independent Index—the Wall Street Journal 
Prime Rate (when a range of rates has been published, the highest rate 
will be used)—rounded up to the next even quarter percent, and to the 
Index is added a Margin of 6.99% or 9.99%. The Index used will be the 
Prime Rate as of the 15th day of January, April, July and October; and your 
rate can change with each monthly statement cut-off in March, June, 
September, and December. 

This  information  about  the  costs  of  the  Visa  card  described  in  this 
disclosure is accurate as of the printing date and subject to change. To 
find out what may have changed, call us at 800.336.6309 or 864.235.6309 
during business hours, visit us online at www.greenvillefcu.com or write to 
us at 1501 Wade Hampton Blvd, Greenville, SC 29609.

THIS  IS  YOUR  AGREEMENT  AND  DISCLOSURE  STATEMENT 
WITH  GREENVILLE  FEDERAL  CREDIT  UNION.  PLEASE  READ  IT 
CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES 
ALL  PRIOR  AGREEMENTS  AND  DISCLOSURE  STATEMENTS 
RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS 
AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, 
AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED 
BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, 
YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, 
WHICHEVER OCCURS FIRST.

PARTIES. In this Agreement, the word “Company” refers to 
the  business  organization  or  sole  proprietorship  that  has 
applied  for  the  Account.  The  word  “Cardholder”  means 
a  person  for  whom  Company  has  requested  and  to  whom 
we have issued a Card. The words “you” and “your” mean 
Company, all Cardholders, all authorized signers, anyone to 
whom any of you give a Card (even if they exceed or violate 
your  instructions),  and  anyone  else  authorized  to  use  the 
Account. The words “Credit Union,” “we,” “our” and “us” 
refer to Credit Union. 

DEFINITIONS: In this Agreement, the word “Card” means one 
or more credit cards, or other devices by which credit may be 
accessed other than a check, issued on the Account. “Card” 
includes any tangible card with a number embossed on it; a 
card number; or a card number issued without a tangible card 
(sometimes called a “virtual card”). The term “Outstanding 
Balance”  includes  the  outstanding  balance  of  purchases, 
finance  charges,  and  other  fees  and  charges  associated 
with the Account. “Charges” refers to all amounts charged 
to  the  Account,  including,  without  limitation,  purchases, 
any  transaction  in  which  you  have  evidenced  an  intention 
to  make  a  purchase,  miscellaneous  charges  and  fees,  and 
any other monetary obligations associated with the Account. 
“Applicable Law” shall include: “(i) Visa U.S.A. Inc. Bylaws, 
Visa  U.S.A.  Inc.  Operating  Regulations,  Visa  U.S.A.  Inc. 
Certificate of Incorporation, Visa International Bylaws, and 
Visa  International  Operating  Regulations;  and  (ii)  any  and 
all laws, treaties, rules, regulations, or regulatory guidance 
of the government of the United States, any state thereof, 
or of any applicable foreign government or state thereof, as 
the same may be amended and in effect from time to time.

AGREEMENT  EFFECTIVE.  This  Agreement  becomes  effective 
on the earlier of (a) 15 days after the Credit Union sends you 
the first Card; or (b) your first use of the Card or Account. 
Any use of the Card or Account constitutes your acceptance 
of  the  terms  of  this  Agreement.  If  you  do  not  wish  to  be 
bound  by  this  Agreement,  you  must  not  use  (or  authorize 
anyone  else  to  use)  the  Card  or  Account  and  must  cancel 
the Account and return all of the Cards within 15 days after 
receiving them.

PLEDGE OF SHARES AND SECURITY INTEREST: 
BY  SIGNING  AN  APPLICATION,  ACCEPTANCE  OR  AUTHORIZED 
USE  OF  ANY  CREDIT  CARDS,  YOU  GRANT  AND  PLEDGE  A 
CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT 
OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU 
ACKNOWLEDGE  OUR  STATUTORY  LIEN  RIGHTS  UNDER  THE 
FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS 
IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; 
AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED 
AT  THE  TIME  OF  ANY  DEFAULT  ON  THIS  ACCOUNT  WITHOUT 
FURTHER NOTICE.
“Shares”  for  the  purpose  of  your  pledge  to  secure  your 
obligations to the Credit Union means all deposits in any share 
savings,  share  draft,  club,  certificate,  or  other  account(s)  of 
the borrower or any guarantor, whether jointly or individually 
held—regardless  of  contributions—that  you  have  on  deposit 
now or in the future.

CREDIT LIMITS
•	 Company  Credit  Limit.  We  will  establish  and  notify 
Company  of  a  credit  limit  for  the  Account  (“Company 
Credit  Limit”).  We  may,  at  any  time  and  at  our  sole 
option, with or without notice to you, increase or decrease 
the  Company  Credit  Limit  on  the  Account.  Without 
limiting  the  foregoing,  we  may  reduce  the  amount  of 
credit available under the Company Credit Limit by the 
amount of any request for authorization from a merchant 
or  financial  institution  even  if  the  amount  has  not  yet 
posted to the Account.

You agree not to use, or allow anyone else to use, the Card 
or Account in any way that would cause the balance of 
purchases on the Card or Account, to exceed the Company 
Credit  Limit.  We  are  not  under  any  circumstances 
obligated to approve any transaction or extend credit if 
doing  so  would  exceed  any  applicable  limit;  but  if  we 
do, Company agrees to repay all Charges that exceed the 
Company Credit Limit, plus other applicable Charges in 
accordance  with  the  terms  of  this  Agreement.  Fees  for 
exceeding the Company Credit Limit appear in Schedule.

•	 Cardholder Credit Limit. We may establish individual credit 
limits for purchases on a per Card basis, referred to as 
“Cardholder Credit Limits.” In no event may a Cardholder 
Credit Limit exceed the Company Credit Limit.

We may, at any time and at our sole option, with or without 
notice to you, increase or decrease the Cardholder Credit 
Limit  on  any  Card.  Without  limiting  the  foregoing,  we 
may  reduce  the  amount  of  credit  available  under  the 
Cardholder Credit Limit on a Card by the amount of any 
request  for  authorization  from  a  merchant  or  financial 
institution even if the amount has not yet posted to the 
Account.

You  agree  not  to  use,  or  allow  anyone  else  to  use,  the 
Card or Account in any way that would cause the balance 
of purchases on the Card to exceed the Cardholder Credit 
Limit or Company Credit Limit.

We  are  not  under  any  circumstances  obligated  to 
approve  any  transaction  or  extend  credit  if  doing  so 
would exceed an applicable Cardholder Credit Limit; but 
if we do, you agree to repay all Charges that exceed the 
Cardholder Credit Limit, plus other applicable Charges 
in accordance with the terms of this Agreement. 

If Company elects to enroll in the Company Bill option, 
we  may  also  establish  individual  spending  limits  for 
purchases  on  a  per  Card  basis,  referred  to  as  “Spend 
Limits.” We may, at any time and at our sole option, with 
or without notice to you, increase or decrease the Spend 
Limit on any Card.

Spend  Limits  operate  differently  than  Credit  Limits. 
Once  the  Spend  Limit  for  the  billing  cycle  on  a  Card 
has been reached, the Card becomes unusable for the 
remainder of that cycle, even if you or Company makes 
a  payment  on  the  Account  or  Card  during  that  cycle. 
The Spend Limit on the Card will not be refreshed, and 
the Card will not be reactivated, until the first day of the 
next billing cycle. It is your responsibility to monitor the 
status of your Spend Limit.

THE CARDS
•  Signature  Panel.  For  your  protection,  the  back  of  the 
Card contains a signature panel which must be signed 
before the Card may be used.

•  Credit Union’s Property.  The  Card  is  the  property  of  the 
Credit Union and must be returned to the Credit Union 
on  request.  The  Credit  Union  may  revoke  any  Card  or 
all of the Cards at any time, without cause and without 
notice. If a merchant or a financial institution where the 
Card is attempted to be used asks for the surrender of 
the Card, you must surrender it immediately.

•  Expiration. The Card will not be valid after the expiration 
date printed on the front of the Card, and it must not be 
used after that date.

•  Renewal and Replacement Cards. The Credit Union may 
issue renewal or replacement Cards in its sole discretion.
•  Additional Cards. You may request additional Cards. You 
are responsible for all charges to the Account made by 
holders of additional Cards.

AVAILABLE  TRANSACTIONS  -  Only  for  business  purposes.  
Subject to the other terms and conditions of this Agreement, 
the  Cards  and  Account  may  be  used  only  for  business 
(non-consumer)  purposes  for  the  types  of  transactions 
shown below. You agree not to use the Cards or Account 
for any transactions that are primarily for personal, family 
or  household  purposes,  although  Company  agrees  to  pay 
for such Charges:
•  Purchases.  To  purchase  goods  and  services  wherever 

Visa cards are honored.

•  Fraudulent  or  Questionable  Transactions.  We  reserve  the 
right to decline to authorize any requested transaction 
which we reasonably believe is or may be unauthorized 
or fraudulent in any respect.

LIABILITY / PROMISE TO PAY. Company promises to pay any 
Charges resulting from use of a Card or the Account, plus 
all interest, fees and other amounts due on the Account. 
This Agreement is not in derogation of any other obligation 
the Company may have with the Credit Union.

GUARANTY.  Each  Guarantor 
jointly,  severally,  and 
unconditionally  guarantees  payment  of,  and  agrees  to 
pay  to  our  order  upon  demand,  all  present  and  future 
obligations  at  any  time  outstanding  under  your  Account 
pursuant to this Agreement or any extension, renewal, or 
modification  hereof.  The  obligations  under  this  guaranty 
are  independent,  and  each  Guarantor  agrees  as  follows: 
(I)  we  may  obtain  consumer  credit  reports  on  and 
provide  information  to  others  regarding  such  Guarantor; 
(II)  such  Guarantor  will  pay  all  our  expenses,  including 
our attorneys’ fees at trial or on appeal, that we incur in 
enforcing  all  obligations  under  this  Agreement  including 
this  guaranty;  and  (III)  such  Guarantor  hereby  grants 
us  a  security  interest  in  all  deposit  accounts  that  such 
Guarantor  may  maintain  with  us  or  any  of  our  affiliates 
(excluding IRA, Keogh, SEP  and certain trust accounts). 
This is a guaranty of payment and performance and not of 
collection. To the extent permitted by law, each Guarantor 
waives: (a) any right to require us to proceed against any 
other person associated with the Account; (b) any right to 
require us to proceed against or exhaust any security held 
by  us  at  any  time  or  to  pursue  any  other  remedy  before 
proceeding against such Guarantor; (c) all notices of any 
kind  or  the  lack  of  any  notice,  including  notice  of  any 
new  or  additional  indebtedness,  any  modification  of  any 
obligation, or obligation or notice of any action or nonaction 
on the part of you, us, any Guarantor or any other person; 
(d)  any  defense  based  upon  an  election  of  remedies  by 
us; (e) any right or claim of right to cause a marshaling of 
your assets or any Guarantor; (f) any invalidity, irregularity 
or unenforceability, in whole or in part, of this Agreement; 
(g) any right or claim of right to agree to any modification 
of  any  obligation  and  any  modifications  of  any  of  your 
obligations relating to this Account by operation of law or 
by action of any court, whether pursuant to the Bankruptcy 
Act, or any other Federal or State debtor relief law; (h) any 
action, occurrence, event or matter consented to by such 
Guarantor;  and  (i)  the  benefits  of  any  statutory  or  other 
provision limiting the liability of a surety to the extent of 
any conflict between the foregoing waivers and any waivers 
contained in this Agreement, provided that the waiver in 
each instance most expansive and beneficial to us will be 
deemed to control.

INDIVIDUAL-BILL OPTION. This Section applies if Company 
has  elected  to  have  statements  sent  to  individual 
Cardholders  and  we  are  able  to  provide  billing  in  such 
manner.
•  Statements  Sent 

Individual  Cardholders.  From 
time  to  time,  we  will  prepare  a  periodic  statement 
(“Statement”)  showing  the  total  amount  Cardholder 
owes  as  of  the  end  of  the  billing  period,  including 

to 

any  purchases,  interest,  fees,  the  minimum  payment 
due  and  other  amounts  transacted  with  the  individual 
Card  to  which  the  Statement  relates  during  the  billing 
period  and  the  Outstanding  Balance  of  the  Card.  We 
will, as a convenience to Company and Cardholder, mail 
the  Statement  to  the  individual  Cardholder  at  the  last 
address  shown  for  that  Cardholder  in  our  records.  It  is 
Cardholder’s  responsibility  to  review  the  Statements 
carefully  to  ensure  that  Cardholder  recognizes  all 
Charges  billed  and  that  the  amount  is  appropriate  for 
Cardholder to pay. Any discrepancies should be brought 
to Company’s and our attention immediately.

•  Change of Cardholder Address. Cardholder agrees to notify 
us  immediately  of  any  change  of  billing  address.  Until 
we are notified that the Cardholder’s billing address has 
changed, we will continue to send Statements and other 
notices to the last address we maintained for Cardholder.

COMPANY-BILL OPTION. This Section applies if Company has 
elected to have statements sent to Company.
•  Statements Sent to Company. From time to time, we will 
prepare a periodic statement (“Statement”) showing the 
total amount of Charges, including purchases, interest, 
fees  and  other  amounts  posted  to  the  Account  during 
the  billing  period  and  the  Outstanding  Balance  of  the 
Account.  We  will  mail  the  Statement  to  Company  at 
the  last  address  shown  for  Company  in  our  records.  It 
is  Company’s  responsibility  to  review  the  Statements 
carefully to ensure that Company recognizes all Charges 
billed and that the amount is appropriate for Company 
to  pay.  Any  discrepancies  should  be  brought  to  our 
attention immediately.

•  Change of Company Address. Company agrees to notify us 
within 10 days of any changes of address. Until we are 
notified that the Company’s billing address has changed, 
we will continue to send Statements and other notices to 
the last address we maintained for Company.

•  Payments.  Company  promises  to  pay  the  Credit  Union 
according  to  the  terms  of  this  Agreement  the  entire 
amount owing under this Agreement.

PAYMENTS GENERALLY
•  Payment Rules. You may not make any payment directly 
or indirectly by an advance on the Account. The Credit 
Union  will  have  sole  discretion  in  how  we  apply  the 
payments received on the Account, except that we will 
apply  payments  received  first  to  annual  fees,  next  to 
other fees, next to interest (finance charges), and next to 
purchases.

•  Minimum  Payment.  You  promise  to  make  at  least  the 
minimum  payment  due  on  the  Account  each  month 
as  shown  on  your  monthly  Statement.  The  minimum 
payment  each  month  will  be  equal  to  2%  of  the 
Outstanding  Balance,  plus  any  over  limit  amounts, 
fees, past due amounts and accrued but unpaid finance 
charges  (interest).  In  no  event  will  the  minimum 
payment be less than $25. If the Outstanding Balance is 
less than $25, the minimum payment will be the entire 
Outstanding Balance.

•  Making  Payments.  The  Credit  Union  must  receive  the 
minimum payment due at the address designated on your 
monthly Statement on or before the due date shown on 
your Statement. Payments received after any reasonable 
cutoff  hour  we  set  will  be  treated  as  received  on  the 
next business day. Receipt of your minimum payment at 
any address other than that designated on your monthly 
statement may create a delay in posting to the Account 
and result in a late fee and additional finance charge.
•  Payments.  All  payments  must  be  made  in  U.S.  Dollars 
drawn on funds on deposit in the United States. Please 
do not mail cash payments.

•  No Waiver or Impairment of Credit Union’s Rights. The Credit 
Union may accept late payments, partial payments or any 
payment marked with any kind of restrictive endorsement 
(such as “paid in full” or “in settlement”) without giving 
effect to the restrictive endorsement and without losing, 
waiving,  or  impairing  any  of  the  Credit  Union’s  rights 
under  this  Agreement  or  under  applicable  law.  Except 
for  billing  error  notices,  communications  regarding  any 
disputes  about  the  Account  must  be  mailed  to:  Attn: 
Card  Disputes,  1501  Wade  Hampton  Blvd,  Greenville, 
SC  29609. Any communications sent elsewhere, or our 
acceptance of payments marked “payment in full” or the 
like, will be of no legal effect.

DEFAULT.  If  you  are  in  default,  the  Credit  Union  may 
declare, without prior notice, the Outstanding Balance of 
the  Account  immediately  due  and  payable,  may  close  or 
suspend the Account or any of the Cards, and recover the 
Cards. You will be in default if any of the following occur 
as to the Account, any Card or Cardholder, or any principal 
(owner,  director,  officer  or  other  manager)  of  Company  or 
any Cardholder which is an organization:
•  We  do  not  receive  any  minimum  payment  due  at  the 

proper address on or before the payment due date;

•  You  exceed  any  applicable  Company  Credit  Limit  or 

Cardholder Credit Limit;

•  You  fail  to  honor  any  other  obligation  under  this 

Agreement;

•  You  or  any  guarantor  dies  or  becomes 

legally 

incapacitated;

•  You  or  any  guarantor  files  for  bankruptcy,  or  becomes 
insolvent or generally unable to pay your debts, or makes 
an assignment for the benefit of creditors;

•  You  or  any  guarantor  furnishes  false,  incomplete  or 
misleading information to the Credit Union at any time, 
including  on  the  Card  application,  or  any  financial 
statement  or  other  document  or  information  submitted 
to the Credit Union;

•  You  or  any  guarantor  are  in  default  under  any  other 

obligations to the Credit Union;

•  Another creditor attempts through legal process to take 

any of your or any guarantor’s money or property;

•  The  Credit  Union  reasonably  believes  that  you  or  any 
guarantor  are  unable  or  unwilling  to  honor  all  of  your 
obligations  under  this  Agreement  or  other  obligations 
either of you owe to us;

•  The  Credit  Union  has  evidence  or  reasonably  believes 
that  an  unauthorized  use  of  the  Card  or  Account  has 
been made or attempted;

•  There is any material change in the equity ownership or 

managerial control of Company.

INTEREST  (FINANCE  CHARGE).  The  following 
interest 
(finance)  charges  will  apply,  whether  before  or  after 
default, judgment, or the closing of the Account.

Monthly  Payments:  Credit  Union  shall  provide  Company 
with  a  statement  showing  all  charges  and  appropriate 
billing  data  regarding  all  fees  relating  to  employee 
Business Cards. Company will pay to Credit Union, within 
25 days from billing cycle closing date indicated on each 
statement,  an  amount  at  least  equal  to  2%  of  the  new 
balance  shown  (rounded  up  to  the  next  whole  dollar)  or 
$25,  whichever  is  greater,  on  such  statement;  plus  any 
minimum  payment  billed  in  prior  statements  shown  as 
past due or over the credit line which will be included in 
the “minimum payment due” amount on the statement. 

Finance Charges:
•  Purchases:  To  avoid  incurring  an  additional  Finance 
Charge  on  the  balance  of  credit  purchases  reflected 
on  your  statement  and  on  any  new  credit  purchases 
appearing  on  your  next  statement,  you  must  pay  the 
new balance billed on or before the payment due date. 
The  Finance  Charges  for  a  billing  cycle  are  computed 
by applying the daily periodic rate to the average daily 
balance multiplied by the number of days in the billing 
cycle  OR  the  monthly  periodic  rate  to  the  average 
daily balance of credit purchases, which is determined 
by  dividing  the  sum  of  the  daily  balances  during  the 
billing cycle by the number of days in the cycle. Each 
daily balance is determined by adding to the previous 
balance of credit purchases any new credit purchases 
posted to your account and subtracting  any payments 
as received and credits as posted to your account, but 
excluding any unpaid Finance Charges.

•  Cash  Advances:  The  Finance  Charge  on  cash  advances 
begins  to  accrue  on  the  date  you  obtain  the  cash 
advance or the first day of the billing cycle in which it is 
posted to your account, whichever is later. The Finance 
Charges  for  a  billing  cycle  are  computed  by  applying 
the  daily  periodic  rate  to  the  average  daily  balance 
multiplied by the number of days in the billing cycle OR 
the monthly periodic rate to the average daily balance 
during the billing cycle, which is determined by dividing 
the sum of the daily balances during the billing cycle 
by the number of days in the cycle. Each daily balance 
is  determined  by  adding  to  the  previous  balance  (the 
outstanding balance of your account at the beginning of 
the billing cycle) and any new cash advances received 
and  subtracting  any  payments  as  received  or  credit  s 
as  posted  to  your  account,  but  excluding  any  unpaid 
Finance Charges.

Greenville FeDeral CreDiT UniOnVISA Disclosure Chart: Visa Platinum, Visa Platinum with CURewards,  Visa Classic, Classic BeginninginTereST raTeS anD inTereST CharGeS annUal PerCenTaGe  raTe (aPr)  for Purchases,  Balance Transfers, and Cash advances 8.99% PLATINUM VISA 13.90% CLASSIC VISA 17.99% CLASSIC BEGINNING VISAThe Credit Union, at its sole discretion,  may change the aPr from time to time  in compliance with applicable laws and/or regulations. any change in the aPr will apply to new Purchases, Balance Transfers,  and Cash advances.Paying interestYour 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. Federal reserve Board Credit Card TipsTo learn more about factors to consider when applying for or using a credit card, visit  http://www.federalreserve.gov/creditcard.FeeSannual FeeVISA PLATINUM: NoneVISA PLATINUM with  OPTIONAL CURewards: $29VISA CLASSIC: NoneCLASSIC BEGINNING VISA: $49Transaction FeesCard Replacement$ 5.00ATM$ .75Foreign Transaction1%Paper Statement$ 2.00Research and Copy $25/hour, $1.00 per pagePenalty FeesLate Payment Fee: $20Returned Payment Fee: $25how We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).” See your account agreement for more details.Minimum Payment Due: If by the payment due date you do not pay your balance in full, you agree to pay at least the minimum billed payment amount of 2% of the New Balance (rounded up to the next whole dollar) or $20, whichever is greater. Should your New Balance be less than $20, you agree to pay the New Balance in full by the payment due date.The credit union will acquire a security interest in the property purchased with your credit card and collateral securing other loans with us may also secure this account. also, you are giving us a security interest in your shares and other deposits in the credit union.The information about the costs of the Visa card described in this disclosure is accurate as of 07/01/2010, and subject to change. To find out what may have changed, call us at 800.336.6309 or 864.235.6309 during business hours or visit online at www.greenvillefcu.com or write to us at 1501 Wade Hampton Blvd., Greenville, SC 29609.aGreeMenT anD DiSClOSUre THIS IS YOUR AGREEMENT AND DISCLOSURE STATEMENT WITH GREENVILLE FEDERAL CREDIT UNION. PLEASE READ IT CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES ALL PRIOR AGREEMENTS AND DISCLOSURE STATEMENTS RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, WHICHEVER OCCURS FIRST.DeFiniTiOnS. In this Agreement, the word “Card” means either one or more VISA credit cards and any duplicates, renewals or substitutions we issue. The words “you,” “your,” and “yours” mean all cardholders (borrowers and co-borrowers); anyone any cardholder permits to use the Card(s); as well as any authorized user for whom an additional Card(s) is issued to the extent of their purchases and cash advances, as well as transactions by anyone they permit to use the Card(s). The word “cardholder” means any applicant or co-applicant to whom a Card is issued by us. The words “Credit Union,” “we,” “us,” and “our” mean Greenville Federal Credit Union.PleDGe OF ShareS anD SeCUriTY inTereST. BY SIGNING AN APPLICATION, ACCEPTANCE OR AUTHORIZED USE OF ANY CREDIT CARDS, YOU GRANT AND PLEDGE A CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU ACKNOWLEDGE OUR STATUTORY LIEN RIGHTS UNDER THE FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED AT THE TIME OF ANY DEFAULT ON THIS ACCOUNT WITHOUT FURTHER NOTICE. “Shares” for the purpose of your pledge to secure your obligations to the Credit Union means all deposits in any share savings, share draft, club, certificate, P.O.D., revocable trust or custodial account(s), whether jointly or individually held — regardless of contributions, that you have on deposit now or in the future. Your pledge does not include any I.R.A., Keogh, tax escrow, irrevocable trust or fiduciary account in which you do not have a vested ownership interest.SeCUriTY aGreeMenT. “Non-Purchase-Money Security Interests” Payments on your Account are secured by any security interest in any property securing your other obligations to the Credit Union, whether existing now or in the future, except your household goods and your primary residence. “Purchase-Money Security Interests” You hereby grant the Credit Union security interest in all property purchased/acquired by you or any authorized user pursuant to the use of this Account, including a purchase-money security interest in any household goods purchased/acquired with an extension of credit upon this Account. These Purchase-Money Security Interests shall secure faithful performance of all obligations arising under this Agreement; and the Credit Union shall have all of the rights of a secured party in accordance with Article Nine of the Uniform Commercial Code and/or other applicable law.hOW TO USe ThiS aCCOUnT. You must sign the Card in order to use it. You can purchase or lease goods and services (“Purchases”) from any merchant who honors your Card up to your maximum credit limit by presen-ting your Card for the amount of the Purchase. You may also use the Card to obtain cash loans (“Cash Advances”) up to your maximum credit limit from financial institutions that accept the VISA credit card. You agree not to present your Card or obtain a Cash Advance for any extension of credit in excess of your available Credit Limit (the difference between your outstanding balance and your maximum credit limit) on your account. Certain purchases and cash advances require authorization prior to completion of the transaction. In some cases, you may be asked to provide identification. If our system is not working, we may not be able to authorize a transaction, even though you have sufficient credit available. Also, for security reasons, we may block the use of your Card in certain countries or geographic areas. We will have no liability to you or others if any of these events occur.aTM aCCeSS. If you have received a personal identification number (PIN), you may use your Card and PIN to obtain Cash Advances at any Automatic Teller Machine (“ATM”) that accepts your Card. Your PIN is confidential and should not be disclosed to anyone. You agree not to write your PIN on your Card, you will not keep your Card and PIN together, and you will not provide your PIN to anyone who is not an authorized user. Except as otherwise provided in this agreement, advances through ATM access will be treated as Cash Advances under this Agreement. Advances at authorized ATMs are limited to a total of $300.00 during any 24-hour period. The total of all cash advances on your Visa Account and any withdrawals from your other accounts through an ATM in any 24-hour period may be combined for the purpose of this limitation. Although we do not charge a fee for this service, others may. Owners of aTMs that we do not own may charge fees in addition to any fees disclosed in this agreement. This is not a fee charged by your Credit Union; however, any such fee will be added to your account. The party charging the fee is required to provide appropriate disclosures to you with regard to any such fees.MaxiMUM CreDiT liMiT. Your Maximum Credit Limit will appear on the folder in which you receive your Card and on your monthly statement. At our discretion, we may change your credit limit at any time, and may provide separate limits for purchases and for cash advances. We will notify you if we do, either by mail or through your monthly billing statement. You may request a change to your credit limit by contacting the Credit Union by telephone or mail. Your continued use of the card will show your agreement to any such increase. If you object to an increase in your credit limit, you must notify Credit Union in writing. Upon receipt of such notice, your credit limit will be reduced to its prior limit; however, you will be responsible to pay any amounts by which you have exceeded the reduced limit. You agree to pay any amounts you owe that exceed your maximum credit balance upon demand. You agree we are not obligated to extend to you credit for any amount that would cause your outstanding balance to exceed your Maximum Credit Limit, or for any amount if your outstanding balance already exceeds your Maximum Credit Limit. Any increase in your Maximum Credit Limit requested by you will require you to make a written application for our approval. In assessing your credit limit under the provisions in this Section (either at our discretion or upon request): (a) we may and you authorize us to review your credit history, including consumer credit reports; (b) you authorize us to have this review made by third parties to determine whether you meet the criteria we have set for such an increase; and (c) this process shall not be pre-screening under the Fair Credit Reporting Act or other applicable laws or regulations based on our existing relationship and this Agreement.Credit balances in excess of $1.00 will be refunded to you after collection as provided herein by mailing a check to the address to which statements are provided payable to the order of any cardholder. You agree that the Maximum Credit Limit will at no time exceed the agreed upon amount, and that any credit balance will not be available or increase the Maximum Credit Limit available for new purchases or cash advances during any billing cycle.liMiTS FOr aTM anD Over-The-COUnTer CaSh aDvanCeS can be determined by contacting the Credit Union’s credit card department. General TerMS GOverninG YOUr PaYMenTS. You will be jointly and severally liable and agree to pay the Credit Union for all charges (purchases, cash advances, finance charges, and other charges added to your Account under the terms of this or any other agreements with us) extended to you or anyone else using any Card issued for your account, unless the use of such Card is 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. Authority includes, but is not limited to, any authorized users permitting another person to use any Card(s). Further, all users are obligated to us for all charges they make, authorize or permit.The Credit Union can accept late or partial payments as well as payments that are marked with “paid in full” or other restrictive endorsements, without losing any of our rights under this Agreement. You must pay the Credit Union in U.S. dollars drawn on funds on deposit in the United States. If you make payment with other currencies or from an institution domiciled outside the United States, then your payment will not be credited until the funds have been col lected by us in U.S. dollars. The Credit Union will determine the method of applying payments and credits to your account, which will in all respects comply with any specific requirements of applicable laws. Unless otherwise required by specifically applicable laws, for payments received by mail by 5:00 PM Eastern Time, you will receive credit that day; and for payments made in any other manner, including in person, your account will be credited the day payment is received.You authorize us to honor any Pur chase or Cash Ad vance you make by telephone or mail on this account. You agree that a signature is not necessary as iden tification in such cases. We reserve the right to refuse to honor any request for credit, to reduce your credit limit or terminate your account at any time using our sole discretion, based on changes in the economy, the Credit Union’s financial condition, your creditworthiness or for any other reason not prohibited by law.To protect you and us, the Credit Union in its sole discretion may place a temporary freeze on all or part of the credit available to you for new purchases or cash advances under this agreement any time the Credit Union receives a large payment, by a method other than cash, certified funds or electronic transfer. in such cases, the Credit Union may freeze your credit line until payment is actually collected by us.MiniMUM PaYMenT DUe. The “Payment Due Date” will be shown on your periodic statement. You can pay off your account balance in full each month or you can pay in monthly installments. If you do not pay your balance in full, you agree to pay at least a minimum payment of 2% of your New Balance (rounded up to a whole dollar) or $20.00, whichever is greater at the end of each statement period. If the New Balance shown on your periodic statement is $20.00 or less, you agree to pay the full amount. You must pay at least the minimum payment each month, but you may pay more than that amount at any time without a penalty. Unless the Credit Union takes other action as a result of a default under this Agreement, the Minimum Payment Due will also include any amount that is past due and any amount by which your new balance exceeds your credit limit. Generally, payments above the minimum payment due will be applied first to higher interest rate balances and then lower interest rate balances. Late payments received will be applied as being your oldest payment then due. The sooner you pay your new balance, the less you will have to pay in finance charges.Grace Period for Repayment of the Balance for Purchases: Grace period for repayment of the balance for purchases will be no less than 25 days from the close of the billing cycle. See your statement for billing cycle date.reTUrnS anD aDjUSTMenTS. Merchants and others who honor your Card may give credit for returns or adjustments, and they will do so by sending the Credit Union a credit slip which will be posted to your Account. If your credits and payments exceed what you owe the Credit Union, the amount will be applied against future purchases and cash advances.aDDiTiOnal CharGeS FOr TranSaCTiOnS in a FOreiGn CUrrenCY anD “CrOSS-BOrDer” TranSaCTiOnS. Currency Conversion Fee: If you effect or authorize a transaction with your access device in a currency other than US Dollars, Visa will convert the charge into a U.S. Dollar amount. The Visa currency conversion procedure includes use of either a government mandated exchange rate, or a wholesale exchange rate selected by Visa, as applicable. The exchange rate Visa uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of the purchase or the date the transaction was posted to your account. A Currency Conversion Fee of up to 1% will be applied to transactions that are converted from foreign currencies to U.S. dollars. Cross-Border Transaction Fee: In addition, Visa charges us a Cross-Border Assessment up to 1% on each transaction on all cross-border transactions regardless of whether there is a currency conversion. For purposes of this Section, “cross-border transaction” shall include both (a) transactions initiated in a foreign country which are subsequently settled in the United States, and (b) transactions initiated in the United States but which are ultimately settled in a country outside of the United States. The Credit Union will charge these fees to you to reimburse us for the fee we are required to pay for each of your transactions subject to these terms. The Cross-Border transaction fee will be shown separately on your periodic billing statement. The Currency Conversion Fee, if it applies to the transaction, will be included in the transaction amount posted on your statement.FinanCe CharGeS On aCCOUnT. You agree to pay the FINANCE CHARGE on your account.A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue for new Purchases, if you do not pay the New Balance in full within 25 days after the billing date of the statement on which the new Purchases first appear. A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue on the transaction date of Cash Advance(s) or Purchases (except as provided above), or the first day of the billing cycle, whichever is later, and will continue to be imposed until you have paid any outstanding balance in full. The Credit Union calculates the FinanCe CharGe as follows:a.  The FinanCe CharGe will be figured by applying the monthly periodic rate of your Account, indicated in the following schedule, to the average daily balance of Purchases and Cash Advances. The monthly periodic rate and annUal PerCenTaGe raTe (aPr) to be used is determined by the account applied for or approved by us pursuant to the terms of your application.b.  To get the total average daily balance on your Account, we take the beginning balance of your Account each day, add any new Purchases and Cash Advances, unpaid Finance Charges, current late payment fees, any annual fee, if applicable, and other fees, and subtract any payments or credits. This is your daily balance. Then we add up all the daily balances for the billing cycle and divide their total by the number of days in the billing cycle. This gives you the average daily balance. This determines the balance subject to the FinanCe CharGe.c.  The Credit Union, in its sole discretion, may change the Monthly Periodic Rate and annUal PerCenTaGe raTe from time to time in compliance with any specifically applicable laws and/or regulations. Any change in the Finance Charge shall apply both to the outstanding balance and any new Purchase and Cash Advances. If the current effective rates are different, they are disclosed on an enclosed/attached insert.MOnThlY STaTeMenT. We will send you a monthly billing statement whenever there is activity on your account. Your monthly statement will show an itemized list of current charges (Purchases and Cash Advances) to your account, your new balance, any Finance Charges, the minimum payment due, and the payment due date. In addition, it will show your current credit limit, payments, and credits, a summary showing your Purchases and Cash Advances, the merchant, electronic terminal or financial institution at which transactions were made, as well as other information concerning your account. Sales, Cash Advance, credit or other slips will not be returned with any statement. You will retain a copy of such slip furnished at the time of the transaction in order to verify your monthly statement. E-Statements: If provided electronically, statements will be (1) e-mailed to you as an attachment; or (2) you will be sent a notice via e-mail that will direct you to a site we maintain or cause to be maintained where you may access, review, print and otherwise copy / download your periodic statements using procedures that we authorize. E-mails from us will be sent to the e-mail address provided by any owner of the account. aDDiTiOnal BeneFiTS/CarD enhanCeMenTS. The Credit Union may from time to time offer additional services to your Account, such as travel accident insurance, purchase rewards or rebates. You understand that the Credit Union is not obligated to continue or to offer such services and may withdraw or change them at any time. If these benefits are withdrawn prior to any accrued use by you, the Credit Union will have no obligation to provide the benefit or enhancement, or any other compensation or consideration.MerChanT DiSPUTeS. The Credit Union is not responsible for the refusal of any merchant or financial institution to honor your Card except as set forth in the Special Rules for Credit Card Purchases set forth at the end of this Agreement. laTe PaYMenT Fee. We will charge your account a late payment fee as previously disclosed for each billing period in which your minimum payment is not received by the payment due date. This fee may be added to your account balance or collected from you on demand.reTUrneD PaYMenT Or inSUFFiCienT FUnDS Fee. We will charge your account a fee as previously disclosed if your payment by any method, including check, electronic transfer, home banking transaction or otherwise, is not honored, collected by us, or if we must return it to you because it cannot be processed for any reason. This fee may be added to your account balance or collected from you on demand.CharGe FOr COPieS, reSearCh anD CarD rePlaCeMenT. If you ask for a copy of any document, such as a sales slip, or billing statement, or need to replace a card for any reason a fee as previously disclosed will be charged to you which may be added to your account balance or collected from you on demand. CarD reCOverY Fee. A card recovery fee as previously disclosed will be charged if you use the card(s) after we mail you notice of termination of this Agreement. The fee may be added to your account balance or collected from you on demand.YOUr reSPOnSiBiliTY anD liaBiliTY FOr UnaUThOrizeD USe anD lOST Or STOlen CarDS. If your Card is lost or stolen, or if you are afraid someone used or may use it without your permission, you must notify the Credit Union at once by calling toll-free: 1-800-336-6309. If notice is given orally, you will promptly confirm it in writing. The Credit Union may require you to provide us certain information in writing to help us investigate any unauthorized use. Further, you agree to cooperate and assist us or any government or law enforcement agent or agency in investigating, collecting or pursuing any other rights (civil and criminal) relating to any unauthorized use. In this regard, you agree to file an appropriate police report when asked to do so. Do not use the Card after you have notified the Credit Union, even if you find them or have them returned to you. You are liable for all transactions that you authorize. No Liability: You will have no liability for unauthorized use of your Card or other Access Devices for non-ATM transactions made over the VISA Network if the following conditions are met: (1) You have not been grossly negligent; and (2) You have not committed, participated in or conspired to commit any fraudulent act or scheme involving the use of your VISA credit card account. Limited Liability: For transactions on other networks or ATM transactions, you may be liable for unauthorized transactions using your Card or other Access GREENVILLE FEDERAL CREDIT UNION
Visa® Business with Rewards

Important Information About Your  
Quarterly Variable Credit Card Account

 Interest Rates and Interest Charges

ANNUAL 
PERCENTAGE RATE*
 (APR)  for 
Purchases, Balance 
Transfers, and Cash 
Advances

Paying Interest

11.99% or 14.99%* 
as of 06/30/2018 based upon credit 
union’s underwriting at the time of 
approval. 

Your rate can vary quarterly based on 
changes in the Prime Rate as described 
below. 

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 begin charging 
interest on cash advances and balance 
transfers on the transaction date. 

 Fees

Annual Fee

None

Transaction Fees

Balance Transfers and 
Cash Advances
None

Card
Replacement
$ 5.00

Research and Copy
$25/hour,  
$2.00 per page

Penalty Fees

Late Payment Fee: 

      $20

Returned Payment Fee:   $37.50

Commercial Use Only: No charges or cash advances may be incurred 
for personal, family, or household purposes.

* The Annual Percentage Rate can change on a quarterly basis. The rate 
is determined by using an independent Index—the Wall Street Journal 
Prime Rate (when a range of rates has been published, the highest rate 
will be used)—rounded up to the next even quarter percent, and to the 
Index is added a Margin of 6.99% or 9.99%. The Index used will be the 
Prime Rate as of the 15th day of January, April, July and October; and your 
rate can change with each monthly statement cut-off in March, June, 
September, and December. 

This  information  about  the  costs  of  the  Visa  card  described  in  this 
disclosure is accurate as of the printing date and subject to change. To 
find out what may have changed, call us at 800.336.6309 or 864.235.6309 
during business hours, visit us online at www.greenvillefcu.com or write to 
us at 1501 Wade Hampton Blvd, Greenville, SC 29609.

THIS  IS  YOUR  AGREEMENT  AND  DISCLOSURE  STATEMENT 
WITH  GREENVILLE  FEDERAL  CREDIT  UNION.  PLEASE  READ  IT 
CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES 
ALL  PRIOR  AGREEMENTS  AND  DISCLOSURE  STATEMENTS 
RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS 
AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, 
AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED 
BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, 
YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, 
WHICHEVER OCCURS FIRST.

PARTIES. In this Agreement, the word “Company” refers to 
the  business  organization  or  sole  proprietorship  that  has 
applied  for  the  Account.  The  word  “Cardholder”  means 
a  person  for  whom  Company  has  requested  and  to  whom 
we have issued a Card. The words “you” and “your” mean 
Company, all Cardholders, all authorized signers, anyone to 
whom any of you give a Card (even if they exceed or violate 
your  instructions),  and  anyone  else  authorized  to  use  the 
Account. The words “Credit Union,” “we,” “our” and “us” 
refer to Credit Union. 

DEFINITIONS: In this Agreement, the word “Card” means one 
or more credit cards, or other devices by which credit may be 
accessed other than a check, issued on the Account. “Card” 
includes any tangible card with a number embossed on it; a 
card number; or a card number issued without a tangible card 
(sometimes called a “virtual card”). The term “Outstanding 
Balance”  includes  the  outstanding  balance  of  purchases, 
finance  charges,  and  other  fees  and  charges  associated 
with the Account. “Charges” refers to all amounts charged 
to  the  Account,  including,  without  limitation,  purchases, 
any  transaction  in  which  you  have  evidenced  an  intention 
to  make  a  purchase,  miscellaneous  charges  and  fees,  and 
any other monetary obligations associated with the Account. 
“Applicable Law” shall include: “(i) Visa U.S.A. Inc. Bylaws, 
Visa  U.S.A.  Inc.  Operating  Regulations,  Visa  U.S.A.  Inc. 
Certificate of Incorporation, Visa International Bylaws, and 
Visa  International  Operating  Regulations;  and  (ii)  any  and 
all laws, treaties, rules, regulations, or regulatory guidance 
of the government of the United States, any state thereof, 
or of any applicable foreign government or state thereof, as 
the same may be amended and in effect from time to time.

AGREEMENT  EFFECTIVE.  This  Agreement  becomes  effective 
on the earlier of (a) 15 days after the Credit Union sends you 
the first Card; or (b) your first use of the Card or Account. 
Any use of the Card or Account constitutes your acceptance 
of  the  terms  of  this  Agreement.  If  you  do  not  wish  to  be 
bound  by  this  Agreement,  you  must  not  use  (or  authorize 
anyone  else  to  use)  the  Card  or  Account  and  must  cancel 
the Account and return all of the Cards within 15 days after 
receiving them.

PLEDGE OF SHARES AND SECURITY INTEREST: 
BY  SIGNING  AN  APPLICATION,  ACCEPTANCE  OR  AUTHORIZED 
USE  OF  ANY  CREDIT  CARDS,  YOU  GRANT  AND  PLEDGE  A 
CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT 
OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU 
ACKNOWLEDGE  OUR  STATUTORY  LIEN  RIGHTS  UNDER  THE 
FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS 
IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; 
AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED 
AT  THE  TIME  OF  ANY  DEFAULT  ON  THIS  ACCOUNT  WITHOUT 
FURTHER NOTICE.
“Shares”  for  the  purpose  of  your  pledge  to  secure  your 
obligations to the Credit Union means all deposits in any share 
savings,  share  draft,  club,  certificate,  or  other  account(s)  of 
the borrower or any guarantor, whether jointly or individually 
held—regardless  of  contributions—that  you  have  on  deposit 
now or in the future.

CREDIT LIMITS
•	 Company  Credit  Limit.  We  will  establish  and  notify 
Company  of  a  credit  limit  for  the  Account  (“Company 
Credit  Limit”).  We  may,  at  any  time  and  at  our  sole 
option, with or without notice to you, increase or decrease 
the  Company  Credit  Limit  on  the  Account.  Without 
limiting  the  foregoing,  we  may  reduce  the  amount  of 
credit available under the Company Credit Limit by the 
amount of any request for authorization from a merchant 
or  financial  institution  even  if  the  amount  has  not  yet 
posted to the Account.

You agree not to use, or allow anyone else to use, the Card 
or Account in any way that would cause the balance of 
purchases on the Card or Account, to exceed the Company 
Credit  Limit.  We  are  not  under  any  circumstances 
obligated to approve any transaction or extend credit if 
doing  so  would  exceed  any  applicable  limit;  but  if  we 
do, Company agrees to repay all Charges that exceed the 
Company Credit Limit, plus other applicable Charges in 
accordance  with  the  terms  of  this  Agreement.  Fees  for 
exceeding the Company Credit Limit appear in Schedule.

•	 Cardholder Credit Limit. We may establish individual credit 
limits for purchases on a per Card basis, referred to as 
“Cardholder Credit Limits.” In no event may a Cardholder 
Credit Limit exceed the Company Credit Limit.

We may, at any time and at our sole option, with or without 
notice to you, increase or decrease the Cardholder Credit 
Limit  on  any  Card.  Without  limiting  the  foregoing,  we 
may  reduce  the  amount  of  credit  available  under  the 
Cardholder Credit Limit on a Card by the amount of any 
request  for  authorization  from  a  merchant  or  financial 
institution even if the amount has not yet posted to the 
Account.

You  agree  not  to  use,  or  allow  anyone  else  to  use,  the 
Card or Account in any way that would cause the balance 
of purchases on the Card to exceed the Cardholder Credit 
Limit or Company Credit Limit.

We  are  not  under  any  circumstances  obligated  to 
approve  any  transaction  or  extend  credit  if  doing  so 
would exceed an applicable Cardholder Credit Limit; but 
if we do, you agree to repay all Charges that exceed the 
Cardholder Credit Limit, plus other applicable Charges 
in accordance with the terms of this Agreement. 

If Company elects to enroll in the Company Bill option, 
we  may  also  establish  individual  spending  limits  for 
purchases  on  a  per  Card  basis,  referred  to  as  “Spend 
Limits.” We may, at any time and at our sole option, with 
or without notice to you, increase or decrease the Spend 
Limit on any Card.

Spend  Limits  operate  differently  than  Credit  Limits. 
Once  the  Spend  Limit  for  the  billing  cycle  on  a  Card 
has been reached, the Card becomes unusable for the 
remainder of that cycle, even if you or Company makes 
a  payment  on  the  Account  or  Card  during  that  cycle. 
The Spend Limit on the Card will not be refreshed, and 
the Card will not be reactivated, until the first day of the 
next billing cycle. It is your responsibility to monitor the 
status of your Spend Limit.

THE CARDS
•  Signature  Panel.  For  your  protection,  the  back  of  the 
Card contains a signature panel which must be signed 
before the Card may be used.

•  Credit Union’s Property.  The  Card  is  the  property  of  the 
Credit Union and must be returned to the Credit Union 
on  request.  The  Credit  Union  may  revoke  any  Card  or 
all of the Cards at any time, without cause and without 
notice. If a merchant or a financial institution where the 
Card is attempted to be used asks for the surrender of 
the Card, you must surrender it immediately.

•  Expiration. The Card will not be valid after the expiration 
date printed on the front of the Card, and it must not be 
used after that date.

•  Renewal and Replacement Cards. The Credit Union may 
issue renewal or replacement Cards in its sole discretion.
•  Additional Cards. You may request additional Cards. You 
are responsible for all charges to the Account made by 
holders of additional Cards.

AVAILABLE  TRANSACTIONS  -  Only  for  business  purposes.  
Subject to the other terms and conditions of this Agreement, 
the  Cards  and  Account  may  be  used  only  for  business 
(non-consumer)  purposes  for  the  types  of  transactions 
shown below. You agree not to use the Cards or Account 
for any transactions that are primarily for personal, family 
or  household  purposes,  although  Company  agrees  to  pay 
for such Charges:
•  Purchases.  To  purchase  goods  and  services  wherever 

Visa cards are honored.

•  Fraudulent  or  Questionable  Transactions.  We  reserve  the 
right to decline to authorize any requested transaction 
which we reasonably believe is or may be unauthorized 
or fraudulent in any respect.

LIABILITY / PROMISE TO PAY. Company promises to pay any 
Charges resulting from use of a Card or the Account, plus 
all interest, fees and other amounts due on the Account. 
This Agreement is not in derogation of any other obligation 
the Company may have with the Credit Union.

GUARANTY.  Each  Guarantor 
jointly,  severally,  and 
unconditionally  guarantees  payment  of,  and  agrees  to 
pay  to  our  order  upon  demand,  all  present  and  future 
obligations  at  any  time  outstanding  under  your  Account 
pursuant to this Agreement or any extension, renewal, or 
modification  hereof.  The  obligations  under  this  guaranty 
are  independent,  and  each  Guarantor  agrees  as  follows: 
(I)  we  may  obtain  consumer  credit  reports  on  and 
provide  information  to  others  regarding  such  Guarantor; 
(II)  such  Guarantor  will  pay  all  our  expenses,  including 
our attorneys’ fees at trial or on appeal, that we incur in 
enforcing  all  obligations  under  this  Agreement  including 
this  guaranty;  and  (III)  such  Guarantor  hereby  grants 
us  a  security  interest  in  all  deposit  accounts  that  such 
Guarantor  may  maintain  with  us  or  any  of  our  affiliates 
(excluding IRA, Keogh, SEP  and certain trust accounts). 
This is a guaranty of payment and performance and not of 
collection. To the extent permitted by law, each Guarantor 
waives: (a) any right to require us to proceed against any 
other person associated with the Account; (b) any right to 
require us to proceed against or exhaust any security held 
by  us  at  any  time  or  to  pursue  any  other  remedy  before 
proceeding against such Guarantor; (c) all notices of any 
kind  or  the  lack  of  any  notice,  including  notice  of  any 
new  or  additional  indebtedness,  any  modification  of  any 
obligation, or obligation or notice of any action or nonaction 
on the part of you, us, any Guarantor or any other person; 
(d)  any  defense  based  upon  an  election  of  remedies  by 
us; (e) any right or claim of right to cause a marshaling of 
your assets or any Guarantor; (f) any invalidity, irregularity 
or unenforceability, in whole or in part, of this Agreement; 
(g) any right or claim of right to agree to any modification 
of  any  obligation  and  any  modifications  of  any  of  your 
obligations relating to this Account by operation of law or 
by action of any court, whether pursuant to the Bankruptcy 
Act, or any other Federal or State debtor relief law; (h) any 
action, occurrence, event or matter consented to by such 
Guarantor;  and  (i)  the  benefits  of  any  statutory  or  other 
provision limiting the liability of a surety to the extent of 
any conflict between the foregoing waivers and any waivers 
contained in this Agreement, provided that the waiver in 
each instance most expansive and beneficial to us will be 
deemed to control.

INDIVIDUAL-BILL OPTION. This Section applies if Company 
has  elected  to  have  statements  sent  to  individual 
Cardholders  and  we  are  able  to  provide  billing  in  such 
manner.
•  Statements  Sent 

Individual  Cardholders.  From 
time  to  time,  we  will  prepare  a  periodic  statement 
(“Statement”)  showing  the  total  amount  Cardholder 
owes  as  of  the  end  of  the  billing  period,  including 

to 

any  purchases,  interest,  fees,  the  minimum  payment 
due  and  other  amounts  transacted  with  the  individual 
Card  to  which  the  Statement  relates  during  the  billing 
period  and  the  Outstanding  Balance  of  the  Card.  We 
will, as a convenience to Company and Cardholder, mail 
the  Statement  to  the  individual  Cardholder  at  the  last 
address  shown  for  that  Cardholder  in  our  records.  It  is 
Cardholder’s  responsibility  to  review  the  Statements 
carefully  to  ensure  that  Cardholder  recognizes  all 
Charges  billed  and  that  the  amount  is  appropriate  for 
Cardholder to pay. Any discrepancies should be brought 
to Company’s and our attention immediately.

•  Change of Cardholder Address. Cardholder agrees to notify 
us  immediately  of  any  change  of  billing  address.  Until 
we are notified that the Cardholder’s billing address has 
changed, we will continue to send Statements and other 
notices to the last address we maintained for Cardholder.

COMPANY-BILL OPTION. This Section applies if Company has 
elected to have statements sent to Company.
•  Statements Sent to Company. From time to time, we will 
prepare a periodic statement (“Statement”) showing the 
total amount of Charges, including purchases, interest, 
fees  and  other  amounts  posted  to  the  Account  during 
the  billing  period  and  the  Outstanding  Balance  of  the 
Account.  We  will  mail  the  Statement  to  Company  at 
the  last  address  shown  for  Company  in  our  records.  It 
is  Company’s  responsibility  to  review  the  Statements 
carefully to ensure that Company recognizes all Charges 
billed and that the amount is appropriate for Company 
to  pay.  Any  discrepancies  should  be  brought  to  our 
attention immediately.

•  Change of Company Address. Company agrees to notify us 
within 10 days of any changes of address. Until we are 
notified that the Company’s billing address has changed, 
we will continue to send Statements and other notices to 
the last address we maintained for Company.

•  Payments.  Company  promises  to  pay  the  Credit  Union 
according  to  the  terms  of  this  Agreement  the  entire 
amount owing under this Agreement.

PAYMENTS GENERALLY
•  Payment Rules. You may not make any payment directly 
or indirectly by an advance on the Account. The Credit 
Union  will  have  sole  discretion  in  how  we  apply  the 
payments received on the Account, except that we will 
apply  payments  received  first  to  annual  fees,  next  to 
other fees, next to interest (finance charges), and next to 
purchases.

•  Minimum  Payment.  You  promise  to  make  at  least  the 
minimum  payment  due  on  the  Account  each  month 
as  shown  on  your  monthly  Statement.  The  minimum 
payment  each  month  will  be  equal  to  2%  of  the 
Outstanding  Balance,  plus  any  over  limit  amounts, 
fees, past due amounts and accrued but unpaid finance 
charges  (interest).  In  no  event  will  the  minimum 
payment be less than $25. If the Outstanding Balance is 
less than $25, the minimum payment will be the entire 
Outstanding Balance.

•  Making  Payments.  The  Credit  Union  must  receive  the 
minimum payment due at the address designated on your 
monthly Statement on or before the due date shown on 
your Statement. Payments received after any reasonable 
cutoff  hour  we  set  will  be  treated  as  received  on  the 
next business day. Receipt of your minimum payment at 
any address other than that designated on your monthly 
statement may create a delay in posting to the Account 
and result in a late fee and additional finance charge.
•  Payments.  All  payments  must  be  made  in  U.S.  Dollars 
drawn on funds on deposit in the United States. Please 
do not mail cash payments.

•  No Waiver or Impairment of Credit Union’s Rights. The Credit 
Union may accept late payments, partial payments or any 
payment marked with any kind of restrictive endorsement 
(such as “paid in full” or “in settlement”) without giving 
effect to the restrictive endorsement and without losing, 
waiving,  or  impairing  any  of  the  Credit  Union’s  rights 
under  this  Agreement  or  under  applicable  law.  Except 
for  billing  error  notices,  communications  regarding  any 
disputes  about  the  Account  must  be  mailed  to:  Attn: 
Card  Disputes,  1501  Wade  Hampton  Blvd,  Greenville, 
SC  29609. Any communications sent elsewhere, or our 
acceptance of payments marked “payment in full” or the 
like, will be of no legal effect.

DEFAULT.  If  you  are  in  default,  the  Credit  Union  may 
declare, without prior notice, the Outstanding Balance of 
the  Account  immediately  due  and  payable,  may  close  or 
suspend the Account or any of the Cards, and recover the 
Cards. You will be in default if any of the following occur 
as to the Account, any Card or Cardholder, or any principal 
(owner,  director,  officer  or  other  manager)  of  Company  or 
any Cardholder which is an organization:
•  We  do  not  receive  any  minimum  payment  due  at  the 

proper address on or before the payment due date;

•  You  exceed  any  applicable  Company  Credit  Limit  or 

Cardholder Credit Limit;

•  You  fail  to  honor  any  other  obligation  under  this 

Agreement;

•  You  or  any  guarantor  dies  or  becomes 

legally 

incapacitated;

•  You  or  any  guarantor  files  for  bankruptcy,  or  becomes 
insolvent or generally unable to pay your debts, or makes 
an assignment for the benefit of creditors;

•  You  or  any  guarantor  furnishes  false,  incomplete  or 
misleading information to the Credit Union at any time, 
including  on  the  Card  application,  or  any  financial 
statement  or  other  document  or  information  submitted 
to the Credit Union;

•  You  or  any  guarantor  are  in  default  under  any  other 

obligations to the Credit Union;

•  Another creditor attempts through legal process to take 

any of your or any guarantor’s money or property;

•  The  Credit  Union  reasonably  believes  that  you  or  any 
guarantor  are  unable  or  unwilling  to  honor  all  of  your 
obligations  under  this  Agreement  or  other  obligations 
either of you owe to us;

•  The  Credit  Union  has  evidence  or  reasonably  believes 
that  an  unauthorized  use  of  the  Card  or  Account  has 
been made or attempted;

•  There is any material change in the equity ownership or 

managerial control of Company.

INTEREST  (FINANCE  CHARGE).  The  following 
interest 
(finance)  charges  will  apply,  whether  before  or  after 
default, judgment, or the closing of the Account.

Monthly  Payments:  Credit  Union  shall  provide  Company 
with  a  statement  showing  all  charges  and  appropriate 
billing  data  regarding  all  fees  relating  to  employee 
Business Cards. Company will pay to Credit Union, within 
25 days from billing cycle closing date indicated on each 
statement,  an  amount  at  least  equal  to  2%  of  the  new 
balance  shown  (rounded  up  to  the  next  whole  dollar)  or 
$25,  whichever  is  greater,  on  such  statement;  plus  any 
minimum  payment  billed  in  prior  statements  shown  as 
past due or over the credit line which will be included in 
the “minimum payment due” amount on the statement. 

Finance Charges:
•  Purchases:  To  avoid  incurring  an  additional  Finance 
Charge  on  the  balance  of  credit  purchases  reflected 
on  your  statement  and  on  any  new  credit  purchases 
appearing  on  your  next  statement,  you  must  pay  the 
new balance billed on or before the payment due date. 
The  Finance  Charges  for  a  billing  cycle  are  computed 
by applying the daily periodic rate to the average daily 
balance multiplied by the number of days in the billing 
cycle  OR  the  monthly  periodic  rate  to  the  average 
daily balance of credit purchases, which is determined 
by  dividing  the  sum  of  the  daily  balances  during  the 
billing cycle by the number of days in the cycle. Each 
daily balance is determined by adding to the previous 
balance of credit purchases any new credit purchases 
posted to your account and subtracting  any payments 
as received and credits as posted to your account, but 
excluding any unpaid Finance Charges.

•  Cash  Advances:  The  Finance  Charge  on  cash  advances 
begins  to  accrue  on  the  date  you  obtain  the  cash 
advance or the first day of the billing cycle in which it is 
posted to your account, whichever is later. The Finance 
Charges  for  a  billing  cycle  are  computed  by  applying 
the  daily  periodic  rate  to  the  average  daily  balance 
multiplied by the number of days in the billing cycle OR 
the monthly periodic rate to the average daily balance 
during the billing cycle, which is determined by dividing 
the sum of the daily balances during the billing cycle 
by the number of days in the cycle. Each daily balance 
is  determined  by  adding  to  the  previous  balance  (the 
outstanding balance of your account at the beginning of 
the billing cycle) and any new cash advances received 
and  subtracting  any  payments  as  received  or  credit  s 
as  posted  to  your  account,  but  excluding  any  unpaid 
Finance Charges.

Greenville FeDeral CreDiT UniOnVISA Disclosure Chart: Visa Platinum, Visa Platinum with CURewards,  Visa Classic, Classic BeginninginTereST raTeS anD inTereST CharGeS annUal PerCenTaGe  raTe (aPr)  for Purchases,  Balance Transfers, and Cash advances 8.99% PLATINUM VISA 13.90% CLASSIC VISA 17.99% CLASSIC BEGINNING VISAThe Credit Union, at its sole discretion,  may change the aPr from time to time  in compliance with applicable laws and/or regulations. any change in the aPr will apply to new Purchases, Balance Transfers,  and Cash advances.Paying interestYour 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. Federal reserve Board Credit Card TipsTo learn more about factors to consider when applying for or using a credit card, visit  http://www.federalreserve.gov/creditcard.FeeSannual FeeVISA PLATINUM: NoneVISA PLATINUM with  OPTIONAL CURewards: $29VISA CLASSIC: NoneCLASSIC BEGINNING VISA: $49Transaction FeesCard Replacement$ 5.00ATM$ .75Foreign Transaction1%Paper Statement$ 2.00Research and Copy $25/hour, $1.00 per pagePenalty FeesLate Payment Fee: $20Returned Payment Fee: $25how We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).” See your account agreement for more details.Minimum Payment Due: If by the payment due date you do not pay your balance in full, you agree to pay at least the minimum billed payment amount of 2% of the New Balance (rounded up to the next whole dollar) or $20, whichever is greater. Should your New Balance be less than $20, you agree to pay the New Balance in full by the payment due date.The credit union will acquire a security interest in the property purchased with your credit card and collateral securing other loans with us may also secure this account. also, you are giving us a security interest in your shares and other deposits in the credit union.The information about the costs of the Visa card described in this disclosure is accurate as of 07/01/2010, and subject to change. To find out what may have changed, call us at 800.336.6309 or 864.235.6309 during business hours or visit online at www.greenvillefcu.com or write to us at 1501 Wade Hampton Blvd., Greenville, SC 29609.aGreeMenT anD DiSClOSUre THIS IS YOUR AGREEMENT AND DISCLOSURE STATEMENT WITH GREENVILLE FEDERAL CREDIT UNION. PLEASE READ IT CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES ALL PRIOR AGREEMENTS AND DISCLOSURE STATEMENTS RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, WHICHEVER OCCURS FIRST.DeFiniTiOnS. In this Agreement, the word “Card” means either one or more VISA credit cards and any duplicates, renewals or substitutions we issue. The words “you,” “your,” and “yours” mean all cardholders (borrowers and co-borrowers); anyone any cardholder permits to use the Card(s); as well as any authorized user for whom an additional Card(s) is issued to the extent of their purchases and cash advances, as well as transactions by anyone they permit to use the Card(s). The word “cardholder” means any applicant or co-applicant to whom a Card is issued by us. The words “Credit Union,” “we,” “us,” and “our” mean Greenville Federal Credit Union.PleDGe OF ShareS anD SeCUriTY inTereST. BY SIGNING AN APPLICATION, ACCEPTANCE OR AUTHORIZED USE OF ANY CREDIT CARDS, YOU GRANT AND PLEDGE A CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU ACKNOWLEDGE OUR STATUTORY LIEN RIGHTS UNDER THE FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED AT THE TIME OF ANY DEFAULT ON THIS ACCOUNT WITHOUT FURTHER NOTICE. “Shares” for the purpose of your pledge to secure your obligations to the Credit Union means all deposits in any share savings, share draft, club, certificate, P.O.D., revocable trust or custodial account(s), whether jointly or individually held — regardless of contributions, that you have on deposit now or in the future. Your pledge does not include any I.R.A., Keogh, tax escrow, irrevocable trust or fiduciary account in which you do not have a vested ownership interest.SeCUriTY aGreeMenT. “Non-Purchase-Money Security Interests” Payments on your Account are secured by any security interest in any property securing your other obligations to the Credit Union, whether existing now or in the future, except your household goods and your primary residence. “Purchase-Money Security Interests” You hereby grant the Credit Union security interest in all property purchased/acquired by you or any authorized user pursuant to the use of this Account, including a purchase-money security interest in any household goods purchased/acquired with an extension of credit upon this Account. These Purchase-Money Security Interests shall secure faithful performance of all obligations arising under this Agreement; and the Credit Union shall have all of the rights of a secured party in accordance with Article Nine of the Uniform Commercial Code and/or other applicable law.hOW TO USe ThiS aCCOUnT. You must sign the Card in order to use it. You can purchase or lease goods and services (“Purchases”) from any merchant who honors your Card up to your maximum credit limit by presen-ting your Card for the amount of the Purchase. You may also use the Card to obtain cash loans (“Cash Advances”) up to your maximum credit limit from financial institutions that accept the VISA credit card. You agree not to present your Card or obtain a Cash Advance for any extension of credit in excess of your available Credit Limit (the difference between your outstanding balance and your maximum credit limit) on your account. Certain purchases and cash advances require authorization prior to completion of the transaction. In some cases, you may be asked to provide identification. If our system is not working, we may not be able to authorize a transaction, even though you have sufficient credit available. Also, for security reasons, we may block the use of your Card in certain countries or geographic areas. We will have no liability to you or others if any of these events occur.aTM aCCeSS. If you have received a personal identification number (PIN), you may use your Card and PIN to obtain Cash Advances at any Automatic Teller Machine (“ATM”) that accepts your Card. Your PIN is confidential and should not be disclosed to anyone. You agree not to write your PIN on your Card, you will not keep your Card and PIN together, and you will not provide your PIN to anyone who is not an authorized user. Except as otherwise provided in this agreement, advances through ATM access will be treated as Cash Advances under this Agreement. Advances at authorized ATMs are limited to a total of $300.00 during any 24-hour period. The total of all cash advances on your Visa Account and any withdrawals from your other accounts through an ATM in any 24-hour period may be combined for the purpose of this limitation. Although we do not charge a fee for this service, others may. Owners of aTMs that we do not own may charge fees in addition to any fees disclosed in this agreement. This is not a fee charged by your Credit Union; however, any such fee will be added to your account. The party charging the fee is required to provide appropriate disclosures to you with regard to any such fees.MaxiMUM CreDiT liMiT. Your Maximum Credit Limit will appear on the folder in which you receive your Card and on your monthly statement. At our discretion, we may change your credit limit at any time, and may provide separate limits for purchases and for cash advances. We will notify you if we do, either by mail or through your monthly billing statement. You may request a change to your credit limit by contacting the Credit Union by telephone or mail. Your continued use of the card will show your agreement to any such increase. If you object to an increase in your credit limit, you must notify Credit Union in writing. Upon receipt of such notice, your credit limit will be reduced to its prior limit; however, you will be responsible to pay any amounts by which you have exceeded the reduced limit. You agree to pay any amounts you owe that exceed your maximum credit balance upon demand. You agree we are not obligated to extend to you credit for any amount that would cause your outstanding balance to exceed your Maximum Credit Limit, or for any amount if your outstanding balance already exceeds your Maximum Credit Limit. Any increase in your Maximum Credit Limit requested by you will require you to make a written application for our approval. In assessing your credit limit under the provisions in this Section (either at our discretion or upon request): (a) we may and you authorize us to review your credit history, including consumer credit reports; (b) you authorize us to have this review made by third parties to determine whether you meet the criteria we have set for such an increase; and (c) this process shall not be pre-screening under the Fair Credit Reporting Act or other applicable laws or regulations based on our existing relationship and this Agreement.Credit balances in excess of $1.00 will be refunded to you after collection as provided herein by mailing a check to the address to which statements are provided payable to the order of any cardholder. You agree that the Maximum Credit Limit will at no time exceed the agreed upon amount, and that any credit balance will not be available or increase the Maximum Credit Limit available for new purchases or cash advances during any billing cycle.liMiTS FOr aTM anD Over-The-COUnTer CaSh aDvanCeS can be determined by contacting the Credit Union’s credit card department. General TerMS GOverninG YOUr PaYMenTS. You will be jointly and severally liable and agree to pay the Credit Union for all charges (purchases, cash advances, finance charges, and other charges added to your Account under the terms of this or any other agreements with us) extended to you or anyone else using any Card issued for your account, unless the use of such Card is 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. Authority includes, but is not limited to, any authorized users permitting another person to use any Card(s). Further, all users are obligated to us for all charges they make, authorize or permit.The Credit Union can accept late or partial payments as well as payments that are marked with “paid in full” or other restrictive endorsements, without losing any of our rights under this Agreement. You must pay the Credit Union in U.S. dollars drawn on funds on deposit in the United States. If you make payment with other currencies or from an institution domiciled outside the United States, then your payment will not be credited until the funds have been col lected by us in U.S. dollars. The Credit Union will determine the method of applying payments and credits to your account, which will in all respects comply with any specific requirements of applicable laws. Unless otherwise required by specifically applicable laws, for payments received by mail by 5:00 PM Eastern Time, you will receive credit that day; and for payments made in any other manner, including in person, your account will be credited the day payment is received.You authorize us to honor any Pur chase or Cash Ad vance you make by telephone or mail on this account. You agree that a signature is not necessary as iden tification in such cases. We reserve the right to refuse to honor any request for credit, to reduce your credit limit or terminate your account at any time using our sole discretion, based on changes in the economy, the Credit Union’s financial condition, your creditworthiness or for any other reason not prohibited by law.To protect you and us, the Credit Union in its sole discretion may place a temporary freeze on all or part of the credit available to you for new purchases or cash advances under this agreement any time the Credit Union receives a large payment, by a method other than cash, certified funds or electronic transfer. in such cases, the Credit Union may freeze your credit line until payment is actually collected by us.MiniMUM PaYMenT DUe. The “Payment Due Date” will be shown on your periodic statement. You can pay off your account balance in full each month or you can pay in monthly installments. If you do not pay your balance in full, you agree to pay at least a minimum payment of 2% of your New Balance (rounded up to a whole dollar) or $20.00, whichever is greater at the end of each statement period. If the New Balance shown on your periodic statement is $20.00 or less, you agree to pay the full amount. You must pay at least the minimum payment each month, but you may pay more than that amount at any time without a penalty. Unless the Credit Union takes other action as a result of a default under this Agreement, the Minimum Payment Due will also include any amount that is past due and any amount by which your new balance exceeds your credit limit. Generally, payments above the minimum payment due will be applied first to higher interest rate balances and then lower interest rate balances. Late payments received will be applied as being your oldest payment then due. The sooner you pay your new balance, the less you will have to pay in finance charges.Grace Period for Repayment of the Balance for Purchases: Grace period for repayment of the balance for purchases will be no less than 25 days from the close of the billing cycle. See your statement for billing cycle date.reTUrnS anD aDjUSTMenTS. Merchants and others who honor your Card may give credit for returns or adjustments, and they will do so by sending the Credit Union a credit slip which will be posted to your Account. If your credits and payments exceed what you owe the Credit Union, the amount will be applied against future purchases and cash advances.aDDiTiOnal CharGeS FOr TranSaCTiOnS in a FOreiGn CUrrenCY anD “CrOSS-BOrDer” TranSaCTiOnS. Currency Conversion Fee: If you effect or authorize a transaction with your access device in a currency other than US Dollars, Visa will convert the charge into a U.S. Dollar amount. The Visa currency conversion procedure includes use of either a government mandated exchange rate, or a wholesale exchange rate selected by Visa, as applicable. The exchange rate Visa uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of the purchase or the date the transaction was posted to your account. A Currency Conversion Fee of up to 1% will be applied to transactions that are converted from foreign currencies to U.S. dollars. Cross-Border Transaction Fee: In addition, Visa charges us a Cross-Border Assessment up to 1% on each transaction on all cross-border transactions regardless of whether there is a currency conversion. For purposes of this Section, “cross-border transaction” shall include both (a) transactions initiated in a foreign country which are subsequently settled in the United States, and (b) transactions initiated in the United States but which are ultimately settled in a country outside of the United States. The Credit Union will charge these fees to you to reimburse us for the fee we are required to pay for each of your transactions subject to these terms. The Cross-Border transaction fee will be shown separately on your periodic billing statement. The Currency Conversion Fee, if it applies to the transaction, will be included in the transaction amount posted on your statement.FinanCe CharGeS On aCCOUnT. You agree to pay the FINANCE CHARGE on your account.A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue for new Purchases, if you do not pay the New Balance in full within 25 days after the billing date of the statement on which the new Purchases first appear. A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue on the transaction date of Cash Advance(s) or Purchases (except as provided above), or the first day of the billing cycle, whichever is later, and will continue to be imposed until you have paid any outstanding balance in full. The Credit Union calculates the FinanCe CharGe as follows:a.  The FinanCe CharGe will be figured by applying the monthly periodic rate of your Account, indicated in the following schedule, to the average daily balance of Purchases and Cash Advances. The monthly periodic rate and annUal PerCenTaGe raTe (aPr) to be used is determined by the account applied for or approved by us pursuant to the terms of your application.b.  To get the total average daily balance on your Account, we take the beginning balance of your Account each day, add any new Purchases and Cash Advances, unpaid Finance Charges, current late payment fees, any annual fee, if applicable, and other fees, and subtract any payments or credits. This is your daily balance. Then we add up all the daily balances for the billing cycle and divide their total by the number of days in the billing cycle. This gives you the average daily balance. This determines the balance subject to the FinanCe CharGe.c.  The Credit Union, in its sole discretion, may change the Monthly Periodic Rate and annUal PerCenTaGe raTe from time to time in compliance with any specifically applicable laws and/or regulations. Any change in the Finance Charge shall apply both to the outstanding balance and any new Purchase and Cash Advances. If the current effective rates are different, they are disclosed on an enclosed/attached insert.MOnThlY STaTeMenT. We will send you a monthly billing statement whenever there is activity on your account. Your monthly statement will show an itemized list of current charges (Purchases and Cash Advances) to your account, your new balance, any Finance Charges, the minimum payment due, and the payment due date. In addition, it will show your current credit limit, payments, and credits, a summary showing your Purchases and Cash Advances, the merchant, electronic terminal or financial institution at which transactions were made, as well as other information concerning your account. Sales, Cash Advance, credit or other slips will not be returned with any statement. You will retain a copy of such slip furnished at the time of the transaction in order to verify your monthly statement. E-Statements: If provided electronically, statements will be (1) e-mailed to you as an attachment; or (2) you will be sent a notice via e-mail that will direct you to a site we maintain or cause to be maintained where you may access, review, print and otherwise copy / download your periodic statements using procedures that we authorize. E-mails from us will be sent to the e-mail address provided by any owner of the account. aDDiTiOnal BeneFiTS/CarD enhanCeMenTS. The Credit Union may from time to time offer additional services to your Account, such as travel accident insurance, purchase rewards or rebates. You understand that the Credit Union is not obligated to continue or to offer such services and may withdraw or change them at any time. If these benefits are withdrawn prior to any accrued use by you, the Credit Union will have no obligation to provide the benefit or enhancement, or any other compensation or consideration.MerChanT DiSPUTeS. The Credit Union is not responsible for the refusal of any merchant or financial institution to honor your Card except as set forth in the Special Rules for Credit Card Purchases set forth at the end of this Agreement. laTe PaYMenT Fee. We will charge your account a late payment fee as previously disclosed for each billing period in which your minimum payment is not received by the payment due date. This fee may be added to your account balance or collected from you on demand.reTUrneD PaYMenT Or inSUFFiCienT FUnDS Fee. We will charge your account a fee as previously disclosed if your payment by any method, including check, electronic transfer, home banking transaction or otherwise, is not honored, collected by us, or if we must return it to you because it cannot be processed for any reason. This fee may be added to your account balance or collected from you on demand.CharGe FOr COPieS, reSearCh anD CarD rePlaCeMenT. If you ask for a copy of any document, such as a sales slip, or billing statement, or need to replace a card for any reason a fee as previously disclosed will be charged to you which may be added to your account balance or collected from you on demand. CarD reCOverY Fee. A card recovery fee as previously disclosed will be charged if you use the card(s) after we mail you notice of termination of this Agreement. The fee may be added to your account balance or collected from you on demand.YOUr reSPOnSiBiliTY anD liaBiliTY FOr UnaUThOrizeD USe anD lOST Or STOlen CarDS. If your Card is lost or stolen, or if you are afraid someone used or may use it without your permission, you must notify the Credit Union at once by calling toll-free: 1-800-336-6309. If notice is given orally, you will promptly confirm it in writing. The Credit Union may require you to provide us certain information in writing to help us investigate any unauthorized use. Further, you agree to cooperate and assist us or any government or law enforcement agent or agency in investigating, collecting or pursuing any other rights (civil and criminal) relating to any unauthorized use. In this regard, you agree to file an appropriate police report when asked to do so. Do not use the Card after you have notified the Credit Union, even if you find them or have them returned to you. You are liable for all transactions that you authorize. No Liability: You will have no liability for unauthorized use of your Card or other Access Devices for non-ATM transactions made over the VISA Network if the following conditions are met: (1) You have not been grossly negligent; and (2) You have not committed, participated in or conspired to commit any fraudulent act or scheme involving the use of your VISA credit card account. Limited Liability: For transactions on other networks or ATM transactions, you may be liable for unauthorized transactions using your Card or other Access GREENVILLE FEDERAL CREDIT UNION
Visa® Business with Rewards

Important Information About Your  
Quarterly Variable Credit Card Account

 Interest Rates and Interest Charges

ANNUAL 
PERCENTAGE RATE*
 (APR)  for 
Purchases, Balance 
Transfers, and Cash 
Advances

Paying Interest

11.99% or 14.99%* 
as of 06/30/2018 based upon credit 
union’s underwriting at the time of 
approval. 

Your rate can vary quarterly based on 
changes in the Prime Rate as described 
below. 

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 begin charging 
interest on cash advances and balance 
transfers on the transaction date. 

 Fees

Annual Fee

None

Transaction Fees

Balance Transfers and 
Cash Advances
None

Card
Replacement
$ 5.00

Research and Copy
$25/hour,  
$2.00 per page

Penalty Fees

Late Payment Fee: 

      $20

Returned Payment Fee:   $37.50

Commercial Use Only: No charges or cash advances may be incurred 
for personal, family, or household purposes.

* The Annual Percentage Rate can change on a quarterly basis. The rate 
is determined by using an independent Index—the Wall Street Journal 
Prime Rate (when a range of rates has been published, the highest rate 
will be used)—rounded up to the next even quarter percent, and to the 
Index is added a Margin of 6.99% or 9.99%. The Index used will be the 
Prime Rate as of the 15th day of January, April, July and October; and your 
rate can change with each monthly statement cut-off in March, June, 
September, and December. 

This  information  about  the  costs  of  the  Visa  card  described  in  this 
disclosure is accurate as of the printing date and subject to change. To 
find out what may have changed, call us at 800.336.6309 or 864.235.6309 
during business hours, visit us online at www.greenvillefcu.com or write to 
us at 1501 Wade Hampton Blvd, Greenville, SC 29609.

THIS  IS  YOUR  AGREEMENT  AND  DISCLOSURE  STATEMENT 
WITH  GREENVILLE  FEDERAL  CREDIT  UNION.  PLEASE  READ  IT 
CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES 
ALL  PRIOR  AGREEMENTS  AND  DISCLOSURE  STATEMENTS 
RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS 
AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, 
AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED 
BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, 
YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, 
WHICHEVER OCCURS FIRST.

PARTIES. In this Agreement, the word “Company” refers to 
the  business  organization  or  sole  proprietorship  that  has 
applied  for  the  Account.  The  word  “Cardholder”  means 
a  person  for  whom  Company  has  requested  and  to  whom 
we have issued a Card. The words “you” and “your” mean 
Company, all Cardholders, all authorized signers, anyone to 
whom any of you give a Card (even if they exceed or violate 
your  instructions),  and  anyone  else  authorized  to  use  the 
Account. The words “Credit Union,” “we,” “our” and “us” 
refer to Credit Union. 

DEFINITIONS: In this Agreement, the word “Card” means one 
or more credit cards, or other devices by which credit may be 
accessed other than a check, issued on the Account. “Card” 
includes any tangible card with a number embossed on it; a 
card number; or a card number issued without a tangible card 
(sometimes called a “virtual card”). The term “Outstanding 
Balance”  includes  the  outstanding  balance  of  purchases, 
finance  charges,  and  other  fees  and  charges  associated 
with the Account. “Charges” refers to all amounts charged 
to  the  Account,  including,  without  limitation,  purchases, 
any  transaction  in  which  you  have  evidenced  an  intention 
to  make  a  purchase,  miscellaneous  charges  and  fees,  and 
any other monetary obligations associated with the Account. 
“Applicable Law” shall include: “(i) Visa U.S.A. Inc. Bylaws, 
Visa  U.S.A.  Inc.  Operating  Regulations,  Visa  U.S.A.  Inc. 
Certificate of Incorporation, Visa International Bylaws, and 
Visa  International  Operating  Regulations;  and  (ii)  any  and 
all laws, treaties, rules, regulations, or regulatory guidance 
of the government of the United States, any state thereof, 
or of any applicable foreign government or state thereof, as 
the same may be amended and in effect from time to time.

AGREEMENT  EFFECTIVE.  This  Agreement  becomes  effective 
on the earlier of (a) 15 days after the Credit Union sends you 
the first Card; or (b) your first use of the Card or Account. 
Any use of the Card or Account constitutes your acceptance 
of  the  terms  of  this  Agreement.  If  you  do  not  wish  to  be 
bound  by  this  Agreement,  you  must  not  use  (or  authorize 
anyone  else  to  use)  the  Card  or  Account  and  must  cancel 
the Account and return all of the Cards within 15 days after 
receiving them.

PLEDGE OF SHARES AND SECURITY INTEREST: 
BY  SIGNING  AN  APPLICATION,  ACCEPTANCE  OR  AUTHORIZED 
USE  OF  ANY  CREDIT  CARDS,  YOU  GRANT  AND  PLEDGE  A 
CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT 
OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU 
ACKNOWLEDGE  OUR  STATUTORY  LIEN  RIGHTS  UNDER  THE 
FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS 
IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; 
AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED 
AT  THE  TIME  OF  ANY  DEFAULT  ON  THIS  ACCOUNT  WITHOUT 
FURTHER NOTICE.
“Shares”  for  the  purpose  of  your  pledge  to  secure  your 
obligations to the Credit Union means all deposits in any share 
savings,  share  draft,  club,  certificate,  or  other  account(s)  of 
the borrower or any guarantor, whether jointly or individually 
held—regardless  of  contributions—that  you  have  on  deposit 
now or in the future.

CREDIT LIMITS
•	 Company  Credit  Limit.  We  will  establish  and  notify 
Company  of  a  credit  limit  for  the  Account  (“Company 
Credit  Limit”).  We  may,  at  any  time  and  at  our  sole 
option, with or without notice to you, increase or decrease 
the  Company  Credit  Limit  on  the  Account.  Without 
limiting  the  foregoing,  we  may  reduce  the  amount  of 
credit available under the Company Credit Limit by the 
amount of any request for authorization from a merchant 
or  financial  institution  even  if  the  amount  has  not  yet 
posted to the Account.

You agree not to use, or allow anyone else to use, the Card 
or Account in any way that would cause the balance of 
purchases on the Card or Account, to exceed the Company 
Credit  Limit.  We  are  not  under  any  circumstances 
obligated to approve any transaction or extend credit if 
doing  so  would  exceed  any  applicable  limit;  but  if  we 
do, Company agrees to repay all Charges that exceed the 
Company Credit Limit, plus other applicable Charges in 
accordance  with  the  terms  of  this  Agreement.  Fees  for 
exceeding the Company Credit Limit appear in Schedule.

•	 Cardholder Credit Limit. We may establish individual credit 
limits for purchases on a per Card basis, referred to as 
“Cardholder Credit Limits.” In no event may a Cardholder 
Credit Limit exceed the Company Credit Limit.

We may, at any time and at our sole option, with or without 
notice to you, increase or decrease the Cardholder Credit 
Limit  on  any  Card.  Without  limiting  the  foregoing,  we 
may  reduce  the  amount  of  credit  available  under  the 
Cardholder Credit Limit on a Card by the amount of any 
request  for  authorization  from  a  merchant  or  financial 
institution even if the amount has not yet posted to the 
Account.

You  agree  not  to  use,  or  allow  anyone  else  to  use,  the 
Card or Account in any way that would cause the balance 
of purchases on the Card to exceed the Cardholder Credit 
Limit or Company Credit Limit.

We  are  not  under  any  circumstances  obligated  to 
approve  any  transaction  or  extend  credit  if  doing  so 
would exceed an applicable Cardholder Credit Limit; but 
if we do, you agree to repay all Charges that exceed the 
Cardholder Credit Limit, plus other applicable Charges 
in accordance with the terms of this Agreement. 

If Company elects to enroll in the Company Bill option, 
we  may  also  establish  individual  spending  limits  for 
purchases  on  a  per  Card  basis,  referred  to  as  “Spend 
Limits.” We may, at any time and at our sole option, with 
or without notice to you, increase or decrease the Spend 
Limit on any Card.

Spend  Limits  operate  differently  than  Credit  Limits. 
Once  the  Spend  Limit  for  the  billing  cycle  on  a  Card 
has been reached, the Card becomes unusable for the 
remainder of that cycle, even if you or Company makes 
a  payment  on  the  Account  or  Card  during  that  cycle. 
The Spend Limit on the Card will not be refreshed, and 
the Card will not be reactivated, until the first day of the 
next billing cycle. It is your responsibility to monitor the 
status of your Spend Limit.

THE CARDS
•  Signature  Panel.  For  your  protection,  the  back  of  the 
Card contains a signature panel which must be signed 
before the Card may be used.

•  Credit Union’s Property.  The  Card  is  the  property  of  the 
Credit Union and must be returned to the Credit Union 
on  request.  The  Credit  Union  may  revoke  any  Card  or 
all of the Cards at any time, without cause and without 
notice. If a merchant or a financial institution where the 
Card is attempted to be used asks for the surrender of 
the Card, you must surrender it immediately.

•  Expiration. The Card will not be valid after the expiration 
date printed on the front of the Card, and it must not be 
used after that date.

•  Renewal and Replacement Cards. The Credit Union may 
issue renewal or replacement Cards in its sole discretion.
•  Additional Cards. You may request additional Cards. You 
are responsible for all charges to the Account made by 
holders of additional Cards.

AVAILABLE  TRANSACTIONS  -  Only  for  business  purposes.  
Subject to the other terms and conditions of this Agreement, 
the  Cards  and  Account  may  be  used  only  for  business 
(non-consumer)  purposes  for  the  types  of  transactions 
shown below. You agree not to use the Cards or Account 
for any transactions that are primarily for personal, family 
or  household  purposes,  although  Company  agrees  to  pay 
for such Charges:
•  Purchases.  To  purchase  goods  and  services  wherever 

Visa cards are honored.

•  Fraudulent  or  Questionable  Transactions.  We  reserve  the 
right to decline to authorize any requested transaction 
which we reasonably believe is or may be unauthorized 
or fraudulent in any respect.

LIABILITY / PROMISE TO PAY. Company promises to pay any 
Charges resulting from use of a Card or the Account, plus 
all interest, fees and other amounts due on the Account. 
This Agreement is not in derogation of any other obligation 
the Company may have with the Credit Union.

GUARANTY.  Each  Guarantor 
jointly,  severally,  and 
unconditionally  guarantees  payment  of,  and  agrees  to 
pay  to  our  order  upon  demand,  all  present  and  future 
obligations  at  any  time  outstanding  under  your  Account 
pursuant to this Agreement or any extension, renewal, or 
modification  hereof.  The  obligations  under  this  guaranty 
are  independent,  and  each  Guarantor  agrees  as  follows: 
(I)  we  may  obtain  consumer  credit  reports  on  and 
provide  information  to  others  regarding  such  Guarantor; 
(II)  such  Guarantor  will  pay  all  our  expenses,  including 
our attorneys’ fees at trial or on appeal, that we incur in 
enforcing  all  obligations  under  this  Agreement  including 
this  guaranty;  and  (III)  such  Guarantor  hereby  grants 
us  a  security  interest  in  all  deposit  accounts  that  such 
Guarantor  may  maintain  with  us  or  any  of  our  affiliates 
(excluding IRA, Keogh, SEP  and certain trust accounts). 
This is a guaranty of payment and performance and not of 
collection. To the extent permitted by law, each Guarantor 
waives: (a) any right to require us to proceed against any 
other person associated with the Account; (b) any right to 
require us to proceed against or exhaust any security held 
by  us  at  any  time  or  to  pursue  any  other  remedy  before 
proceeding against such Guarantor; (c) all notices of any 
kind  or  the  lack  of  any  notice,  including  notice  of  any 
new  or  additional  indebtedness,  any  modification  of  any 
obligation, or obligation or notice of any action or nonaction 
on the part of you, us, any Guarantor or any other person; 
(d)  any  defense  based  upon  an  election  of  remedies  by 
us; (e) any right or claim of right to cause a marshaling of 
your assets or any Guarantor; (f) any invalidity, irregularity 
or unenforceability, in whole or in part, of this Agreement; 
(g) any right or claim of right to agree to any modification 
of  any  obligation  and  any  modifications  of  any  of  your 
obligations relating to this Account by operation of law or 
by action of any court, whether pursuant to the Bankruptcy 
Act, or any other Federal or State debtor relief law; (h) any 
action, occurrence, event or matter consented to by such 
Guarantor;  and  (i)  the  benefits  of  any  statutory  or  other 
provision limiting the liability of a surety to the extent of 
any conflict between the foregoing waivers and any waivers 
contained in this Agreement, provided that the waiver in 
each instance most expansive and beneficial to us will be 
deemed to control.

INDIVIDUAL-BILL OPTION. This Section applies if Company 
has  elected  to  have  statements  sent  to  individual 
Cardholders  and  we  are  able  to  provide  billing  in  such 
manner.
•  Statements  Sent 

Individual  Cardholders.  From 
time  to  time,  we  will  prepare  a  periodic  statement 
(“Statement”)  showing  the  total  amount  Cardholder 
owes  as  of  the  end  of  the  billing  period,  including 

to 

any  purchases,  interest,  fees,  the  minimum  payment 
due  and  other  amounts  transacted  with  the  individual 
Card  to  which  the  Statement  relates  during  the  billing 
period  and  the  Outstanding  Balance  of  the  Card.  We 
will, as a convenience to Company and Cardholder, mail 
the  Statement  to  the  individual  Cardholder  at  the  last 
address  shown  for  that  Cardholder  in  our  records.  It  is 
Cardholder’s  responsibility  to  review  the  Statements 
carefully  to  ensure  that  Cardholder  recognizes  all 
Charges  billed  and  that  the  amount  is  appropriate  for 
Cardholder to pay. Any discrepancies should be brought 
to Company’s and our attention immediately.

•  Change of Cardholder Address. Cardholder agrees to notify 
us  immediately  of  any  change  of  billing  address.  Until 
we are notified that the Cardholder’s billing address has 
changed, we will continue to send Statements and other 
notices to the last address we maintained for Cardholder.

COMPANY-BILL OPTION. This Section applies if Company has 
elected to have statements sent to Company.
•  Statements Sent to Company. From time to time, we will 
prepare a periodic statement (“Statement”) showing the 
total amount of Charges, including purchases, interest, 
fees  and  other  amounts  posted  to  the  Account  during 
the  billing  period  and  the  Outstanding  Balance  of  the 
Account.  We  will  mail  the  Statement  to  Company  at 
the  last  address  shown  for  Company  in  our  records.  It 
is  Company’s  responsibility  to  review  the  Statements 
carefully to ensure that Company recognizes all Charges 
billed and that the amount is appropriate for Company 
to  pay.  Any  discrepancies  should  be  brought  to  our 
attention immediately.

•  Change of Company Address. Company agrees to notify us 
within 10 days of any changes of address. Until we are 
notified that the Company’s billing address has changed, 
we will continue to send Statements and other notices to 
the last address we maintained for Company.

•  Payments.  Company  promises  to  pay  the  Credit  Union 
according  to  the  terms  of  this  Agreement  the  entire 
amount owing under this Agreement.

PAYMENTS GENERALLY
•  Payment Rules. You may not make any payment directly 
or indirectly by an advance on the Account. The Credit 
Union  will  have  sole  discretion  in  how  we  apply  the 
payments received on the Account, except that we will 
apply  payments  received  first  to  annual  fees,  next  to 
other fees, next to interest (finance charges), and next to 
purchases.

•  Minimum  Payment.  You  promise  to  make  at  least  the 
minimum  payment  due  on  the  Account  each  month 
as  shown  on  your  monthly  Statement.  The  minimum 
payment  each  month  will  be  equal  to  2%  of  the 
Outstanding  Balance,  plus  any  over  limit  amounts, 
fees, past due amounts and accrued but unpaid finance 
charges  (interest).  In  no  event  will  the  minimum 
payment be less than $25. If the Outstanding Balance is 
less than $25, the minimum payment will be the entire 
Outstanding Balance.

•  Making  Payments.  The  Credit  Union  must  receive  the 
minimum payment due at the address designated on your 
monthly Statement on or before the due date shown on 
your Statement. Payments received after any reasonable 
cutoff  hour  we  set  will  be  treated  as  received  on  the 
next business day. Receipt of your minimum payment at 
any address other than that designated on your monthly 
statement may create a delay in posting to the Account 
and result in a late fee and additional finance charge.
•  Payments.  All  payments  must  be  made  in  U.S.  Dollars 
drawn on funds on deposit in the United States. Please 
do not mail cash payments.

•  No Waiver or Impairment of Credit Union’s Rights. The Credit 
Union may accept late payments, partial payments or any 
payment marked with any kind of restrictive endorsement 
(such as “paid in full” or “in settlement”) without giving 
effect to the restrictive endorsement and without losing, 
waiving,  or  impairing  any  of  the  Credit  Union’s  rights 
under  this  Agreement  or  under  applicable  law.  Except 
for  billing  error  notices,  communications  regarding  any 
disputes  about  the  Account  must  be  mailed  to:  Attn: 
Card  Disputes,  1501  Wade  Hampton  Blvd,  Greenville, 
SC  29609. Any communications sent elsewhere, or our 
acceptance of payments marked “payment in full” or the 
like, will be of no legal effect.

DEFAULT.  If  you  are  in  default,  the  Credit  Union  may 
declare, without prior notice, the Outstanding Balance of 
the  Account  immediately  due  and  payable,  may  close  or 
suspend the Account or any of the Cards, and recover the 
Cards. You will be in default if any of the following occur 
as to the Account, any Card or Cardholder, or any principal 
(owner,  director,  officer  or  other  manager)  of  Company  or 
any Cardholder which is an organization:
•  We  do  not  receive  any  minimum  payment  due  at  the 

proper address on or before the payment due date;

•  You  exceed  any  applicable  Company  Credit  Limit  or 

Cardholder Credit Limit;

•  You  fail  to  honor  any  other  obligation  under  this 

Agreement;

•  You  or  any  guarantor  dies  or  becomes 

legally 

incapacitated;

•  You  or  any  guarantor  files  for  bankruptcy,  or  becomes 
insolvent or generally unable to pay your debts, or makes 
an assignment for the benefit of creditors;

•  You  or  any  guarantor  furnishes  false,  incomplete  or 
misleading information to the Credit Union at any time, 
including  on  the  Card  application,  or  any  financial 
statement  or  other  document  or  information  submitted 
to the Credit Union;

•  You  or  any  guarantor  are  in  default  under  any  other 

obligations to the Credit Union;

•  Another creditor attempts through legal process to take 

any of your or any guarantor’s money or property;

•  The  Credit  Union  reasonably  believes  that  you  or  any 
guarantor  are  unable  or  unwilling  to  honor  all  of  your 
obligations  under  this  Agreement  or  other  obligations 
either of you owe to us;

•  The  Credit  Union  has  evidence  or  reasonably  believes 
that  an  unauthorized  use  of  the  Card  or  Account  has 
been made or attempted;

•  There is any material change in the equity ownership or 

managerial control of Company.

INTEREST  (FINANCE  CHARGE).  The  following 
interest 
(finance)  charges  will  apply,  whether  before  or  after 
default, judgment, or the closing of the Account.

Monthly  Payments:  Credit  Union  shall  provide  Company 
with  a  statement  showing  all  charges  and  appropriate 
billing  data  regarding  all  fees  relating  to  employee 
Business Cards. Company will pay to Credit Union, within 
25 days from billing cycle closing date indicated on each 
statement,  an  amount  at  least  equal  to  2%  of  the  new 
balance  shown  (rounded  up  to  the  next  whole  dollar)  or 
$25,  whichever  is  greater,  on  such  statement;  plus  any 
minimum  payment  billed  in  prior  statements  shown  as 
past due or over the credit line which will be included in 
the “minimum payment due” amount on the statement. 

Finance Charges:
•  Purchases:  To  avoid  incurring  an  additional  Finance 
Charge  on  the  balance  of  credit  purchases  reflected 
on  your  statement  and  on  any  new  credit  purchases 
appearing  on  your  next  statement,  you  must  pay  the 
new balance billed on or before the payment due date. 
The  Finance  Charges  for  a  billing  cycle  are  computed 
by applying the daily periodic rate to the average daily 
balance multiplied by the number of days in the billing 
cycle  OR  the  monthly  periodic  rate  to  the  average 
daily balance of credit purchases, which is determined 
by  dividing  the  sum  of  the  daily  balances  during  the 
billing cycle by the number of days in the cycle. Each 
daily balance is determined by adding to the previous 
balance of credit purchases any new credit purchases 
posted to your account and subtracting  any payments 
as received and credits as posted to your account, but 
excluding any unpaid Finance Charges.

•  Cash  Advances:  The  Finance  Charge  on  cash  advances 
begins  to  accrue  on  the  date  you  obtain  the  cash 
advance or the first day of the billing cycle in which it is 
posted to your account, whichever is later. The Finance 
Charges  for  a  billing  cycle  are  computed  by  applying 
the  daily  periodic  rate  to  the  average  daily  balance 
multiplied by the number of days in the billing cycle OR 
the monthly periodic rate to the average daily balance 
during the billing cycle, which is determined by dividing 
the sum of the daily balances during the billing cycle 
by the number of days in the cycle. Each daily balance 
is  determined  by  adding  to  the  previous  balance  (the 
outstanding balance of your account at the beginning of 
the billing cycle) and any new cash advances received 
and  subtracting  any  payments  as  received  or  credit  s 
as  posted  to  your  account,  but  excluding  any  unpaid 
Finance Charges.

Greenville FeDeral CreDiT UniOnVISA Disclosure Chart: Visa Platinum, Visa Platinum with CURewards,  Visa Classic, Classic BeginninginTereST raTeS anD inTereST CharGeS annUal PerCenTaGe  raTe (aPr)  for Purchases,  Balance Transfers, and Cash advances 8.99% PLATINUM VISA 13.90% CLASSIC VISA 17.99% CLASSIC BEGINNING VISAThe Credit Union, at its sole discretion,  may change the aPr from time to time  in compliance with applicable laws and/or regulations. any change in the aPr will apply to new Purchases, Balance Transfers,  and Cash advances.Paying interestYour 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. Federal reserve Board Credit Card TipsTo learn more about factors to consider when applying for or using a credit card, visit  http://www.federalreserve.gov/creditcard.FeeSannual FeeVISA PLATINUM: NoneVISA PLATINUM with  OPTIONAL CURewards: $29VISA CLASSIC: NoneCLASSIC BEGINNING VISA: $49Transaction FeesCard Replacement$ 5.00ATM$ .75Foreign Transaction1%Paper Statement$ 2.00Research and Copy $25/hour, $1.00 per pagePenalty FeesLate Payment Fee: $20Returned Payment Fee: $25how We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).” See your account agreement for more details.Minimum Payment Due: If by the payment due date you do not pay your balance in full, you agree to pay at least the minimum billed payment amount of 2% of the New Balance (rounded up to the next whole dollar) or $20, whichever is greater. Should your New Balance be less than $20, you agree to pay the New Balance in full by the payment due date.The credit union will acquire a security interest in the property purchased with your credit card and collateral securing other loans with us may also secure this account. also, you are giving us a security interest in your shares and other deposits in the credit union.The information about the costs of the Visa card described in this disclosure is accurate as of 07/01/2010, and subject to change. To find out what may have changed, call us at 800.336.6309 or 864.235.6309 during business hours or visit online at www.greenvillefcu.com or write to us at 1501 Wade Hampton Blvd., Greenville, SC 29609.aGreeMenT anD DiSClOSUre THIS IS YOUR AGREEMENT AND DISCLOSURE STATEMENT WITH GREENVILLE FEDERAL CREDIT UNION. PLEASE READ IT CAREFULLY AND KEEP IT FOR YOUR RECORDS. IT SUPERSEDES ALL PRIOR AGREEMENTS AND DISCLOSURE STATEMENTS RELATING TO YOUR ACCOUNT. YOU DO NOT HAVE TO SIGN THIS AGREEMENT. YOUR AGREEMENT TO ALL OF THESE PROVISIONS, AS AMENDED FROM TIME TO TIME INCLUDING THE CARD ISSUED BY US, WILL BE SHOWN BY YOUR APPLICATION FOR THE CARD, YOUR ACCEPTANCE OF THE CARD, OR YOUR USE OF THE CARD, WHICHEVER OCCURS FIRST.DeFiniTiOnS. In this Agreement, the word “Card” means either one or more VISA credit cards and any duplicates, renewals or substitutions we issue. The words “you,” “your,” and “yours” mean all cardholders (borrowers and co-borrowers); anyone any cardholder permits to use the Card(s); as well as any authorized user for whom an additional Card(s) is issued to the extent of their purchases and cash advances, as well as transactions by anyone they permit to use the Card(s). The word “cardholder” means any applicant or co-applicant to whom a Card is issued by us. The words “Credit Union,” “we,” “us,” and “our” mean Greenville Federal Credit Union.PleDGe OF ShareS anD SeCUriTY inTereST. BY SIGNING AN APPLICATION, ACCEPTANCE OR AUTHORIZED USE OF ANY CREDIT CARDS, YOU GRANT AND PLEDGE A CONSENSUAL LIEN TO US ON ALL SHARES TO SECURE PAYMENT OF YOUR OBLIGATIONS ON THIS ACCOUNT. IN ADDITION, YOU ACKNOWLEDGE OUR STATUTORY LIEN RIGHTS UNDER THE FEDERAL CREDIT UNION ACT; YOU AGREE THAT SUCH A LIEN IS IMPRESSED AS OF THE DATE THAT THIS ACCOUNT IS OPENED; AND YOU AGREE THAT WE CAN APPLY THE SHARES PLEDGED AT THE TIME OF ANY DEFAULT ON THIS ACCOUNT WITHOUT FURTHER NOTICE. “Shares” for the purpose of your pledge to secure your obligations to the Credit Union means all deposits in any share savings, share draft, club, certificate, P.O.D., revocable trust or custodial account(s), whether jointly or individually held — regardless of contributions, that you have on deposit now or in the future. Your pledge does not include any I.R.A., Keogh, tax escrow, irrevocable trust or fiduciary account in which you do not have a vested ownership interest.SeCUriTY aGreeMenT. “Non-Purchase-Money Security Interests” Payments on your Account are secured by any security interest in any property securing your other obligations to the Credit Union, whether existing now or in the future, except your household goods and your primary residence. “Purchase-Money Security Interests” You hereby grant the Credit Union security interest in all property purchased/acquired by you or any authorized user pursuant to the use of this Account, including a purchase-money security interest in any household goods purchased/acquired with an extension of credit upon this Account. These Purchase-Money Security Interests shall secure faithful performance of all obligations arising under this Agreement; and the Credit Union shall have all of the rights of a secured party in accordance with Article Nine of the Uniform Commercial Code and/or other applicable law.hOW TO USe ThiS aCCOUnT. You must sign the Card in order to use it. You can purchase or lease goods and services (“Purchases”) from any merchant who honors your Card up to your maximum credit limit by presen-ting your Card for the amount of the Purchase. You may also use the Card to obtain cash loans (“Cash Advances”) up to your maximum credit limit from financial institutions that accept the VISA credit card. You agree not to present your Card or obtain a Cash Advance for any extension of credit in excess of your available Credit Limit (the difference between your outstanding balance and your maximum credit limit) on your account. Certain purchases and cash advances require authorization prior to completion of the transaction. In some cases, you may be asked to provide identification. If our system is not working, we may not be able to authorize a transaction, even though you have sufficient credit available. Also, for security reasons, we may block the use of your Card in certain countries or geographic areas. We will have no liability to you or others if any of these events occur.aTM aCCeSS. If you have received a personal identification number (PIN), you may use your Card and PIN to obtain Cash Advances at any Automatic Teller Machine (“ATM”) that accepts your Card. Your PIN is confidential and should not be disclosed to anyone. You agree not to write your PIN on your Card, you will not keep your Card and PIN together, and you will not provide your PIN to anyone who is not an authorized user. Except as otherwise provided in this agreement, advances through ATM access will be treated as Cash Advances under this Agreement. Advances at authorized ATMs are limited to a total of $300.00 during any 24-hour period. The total of all cash advances on your Visa Account and any withdrawals from your other accounts through an ATM in any 24-hour period may be combined for the purpose of this limitation. Although we do not charge a fee for this service, others may. Owners of aTMs that we do not own may charge fees in addition to any fees disclosed in this agreement. This is not a fee charged by your Credit Union; however, any such fee will be added to your account. The party charging the fee is required to provide appropriate disclosures to you with regard to any such fees.MaxiMUM CreDiT liMiT. Your Maximum Credit Limit will appear on the folder in which you receive your Card and on your monthly statement. At our discretion, we may change your credit limit at any time, and may provide separate limits for purchases and for cash advances. We will notify you if we do, either by mail or through your monthly billing statement. You may request a change to your credit limit by contacting the Credit Union by telephone or mail. Your continued use of the card will show your agreement to any such increase. If you object to an increase in your credit limit, you must notify Credit Union in writing. Upon receipt of such notice, your credit limit will be reduced to its prior limit; however, you will be responsible to pay any amounts by which you have exceeded the reduced limit. You agree to pay any amounts you owe that exceed your maximum credit balance upon demand. You agree we are not obligated to extend to you credit for any amount that would cause your outstanding balance to exceed your Maximum Credit Limit, or for any amount if your outstanding balance already exceeds your Maximum Credit Limit. Any increase in your Maximum Credit Limit requested by you will require you to make a written application for our approval. In assessing your credit limit under the provisions in this Section (either at our discretion or upon request): (a) we may and you authorize us to review your credit history, including consumer credit reports; (b) you authorize us to have this review made by third parties to determine whether you meet the criteria we have set for such an increase; and (c) this process shall not be pre-screening under the Fair Credit Reporting Act or other applicable laws or regulations based on our existing relationship and this Agreement.Credit balances in excess of $1.00 will be refunded to you after collection as provided herein by mailing a check to the address to which statements are provided payable to the order of any cardholder. You agree that the Maximum Credit Limit will at no time exceed the agreed upon amount, and that any credit balance will not be available or increase the Maximum Credit Limit available for new purchases or cash advances during any billing cycle.liMiTS FOr aTM anD Over-The-COUnTer CaSh aDvanCeS can be determined by contacting the Credit Union’s credit card department. General TerMS GOverninG YOUr PaYMenTS. You will be jointly and severally liable and agree to pay the Credit Union for all charges (purchases, cash advances, finance charges, and other charges added to your Account under the terms of this or any other agreements with us) extended to you or anyone else using any Card issued for your account, unless the use of such Card is 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. Authority includes, but is not limited to, any authorized users permitting another person to use any Card(s). Further, all users are obligated to us for all charges they make, authorize or permit.The Credit Union can accept late or partial payments as well as payments that are marked with “paid in full” or other restrictive endorsements, without losing any of our rights under this Agreement. You must pay the Credit Union in U.S. dollars drawn on funds on deposit in the United States. If you make payment with other currencies or from an institution domiciled outside the United States, then your payment will not be credited until the funds have been col lected by us in U.S. dollars. The Credit Union will determine the method of applying payments and credits to your account, which will in all respects comply with any specific requirements of applicable laws. Unless otherwise required by specifically applicable laws, for payments received by mail by 5:00 PM Eastern Time, you will receive credit that day; and for payments made in any other manner, including in person, your account will be credited the day payment is received.You authorize us to honor any Pur chase or Cash Ad vance you make by telephone or mail on this account. You agree that a signature is not necessary as iden tification in such cases. We reserve the right to refuse to honor any request for credit, to reduce your credit limit or terminate your account at any time using our sole discretion, based on changes in the economy, the Credit Union’s financial condition, your creditworthiness or for any other reason not prohibited by law.To protect you and us, the Credit Union in its sole discretion may place a temporary freeze on all or part of the credit available to you for new purchases or cash advances under this agreement any time the Credit Union receives a large payment, by a method other than cash, certified funds or electronic transfer. in such cases, the Credit Union may freeze your credit line until payment is actually collected by us.MiniMUM PaYMenT DUe. The “Payment Due Date” will be shown on your periodic statement. You can pay off your account balance in full each month or you can pay in monthly installments. If you do not pay your balance in full, you agree to pay at least a minimum payment of 2% of your New Balance (rounded up to a whole dollar) or $20.00, whichever is greater at the end of each statement period. If the New Balance shown on your periodic statement is $20.00 or less, you agree to pay the full amount. You must pay at least the minimum payment each month, but you may pay more than that amount at any time without a penalty. Unless the Credit Union takes other action as a result of a default under this Agreement, the Minimum Payment Due will also include any amount that is past due and any amount by which your new balance exceeds your credit limit. Generally, payments above the minimum payment due will be applied first to higher interest rate balances and then lower interest rate balances. Late payments received will be applied as being your oldest payment then due. The sooner you pay your new balance, the less you will have to pay in finance charges.Grace Period for Repayment of the Balance for Purchases: Grace period for repayment of the balance for purchases will be no less than 25 days from the close of the billing cycle. See your statement for billing cycle date.reTUrnS anD aDjUSTMenTS. Merchants and others who honor your Card may give credit for returns or adjustments, and they will do so by sending the Credit Union a credit slip which will be posted to your Account. If your credits and payments exceed what you owe the Credit Union, the amount will be applied against future purchases and cash advances.aDDiTiOnal CharGeS FOr TranSaCTiOnS in a FOreiGn CUrrenCY anD “CrOSS-BOrDer” TranSaCTiOnS. Currency Conversion Fee: If you effect or authorize a transaction with your access device in a currency other than US Dollars, Visa will convert the charge into a U.S. Dollar amount. The Visa currency conversion procedure includes use of either a government mandated exchange rate, or a wholesale exchange rate selected by Visa, as applicable. The exchange rate Visa uses will be a rate in effect on the day the transaction is processed. This rate may differ from the rate in effect on the date of the purchase or the date the transaction was posted to your account. A Currency Conversion Fee of up to 1% will be applied to transactions that are converted from foreign currencies to U.S. dollars. Cross-Border Transaction Fee: In addition, Visa charges us a Cross-Border Assessment up to 1% on each transaction on all cross-border transactions regardless of whether there is a currency conversion. For purposes of this Section, “cross-border transaction” shall include both (a) transactions initiated in a foreign country which are subsequently settled in the United States, and (b) transactions initiated in the United States but which are ultimately settled in a country outside of the United States. The Credit Union will charge these fees to you to reimburse us for the fee we are required to pay for each of your transactions subject to these terms. The Cross-Border transaction fee will be shown separately on your periodic billing statement. The Currency Conversion Fee, if it applies to the transaction, will be included in the transaction amount posted on your statement.FinanCe CharGeS On aCCOUnT. You agree to pay the FINANCE CHARGE on your account.A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue for new Purchases, if you do not pay the New Balance in full within 25 days after the billing date of the statement on which the new Purchases first appear. A FinanCe CharGe computed on a monthly periodic rate (“MPR”) will begin to accrue on the transaction date of Cash Advance(s) or Purchases (except as provided above), or the first day of the billing cycle, whichever is later, and will continue to be imposed until you have paid any outstanding balance in full. The Credit Union calculates the FinanCe CharGe as follows:a.  The FinanCe CharGe will be figured by applying the monthly periodic rate of your Account, indicated in the following schedule, to the average daily balance of Purchases and Cash Advances. The monthly periodic rate and annUal PerCenTaGe raTe (aPr) to be used is determined by the account applied for or approved by us pursuant to the terms of your application.b.  To get the total average daily balance on your Account, we take the beginning balance of your Account each day, add any new Purchases and Cash Advances, unpaid Finance Charges, current late payment fees, any annual fee, if applicable, and other fees, and subtract any payments or credits. This is your daily balance. Then we add up all the daily balances for the billing cycle and divide their total by the number of days in the billing cycle. This gives you the average daily balance. This determines the balance subject to the FinanCe CharGe.c.  The Credit Union, in its sole discretion, may change the Monthly Periodic Rate and annUal PerCenTaGe raTe from time to time in compliance with any specifically applicable laws and/or regulations. Any change in the Finance Charge shall apply both to the outstanding balance and any new Purchase and Cash Advances. If the current effective rates are different, they are disclosed on an enclosed/attached insert.MOnThlY STaTeMenT. We will send you a monthly billing statement whenever there is activity on your account. Your monthly statement will show an itemized list of current charges (Purchases and Cash Advances) to your account, your new balance, any Finance Charges, the minimum payment due, and the payment due date. In addition, it will show your current credit limit, payments, and credits, a summary showing your Purchases and Cash Advances, the merchant, electronic terminal or financial institution at which transactions were made, as well as other information concerning your account. Sales, Cash Advance, credit or other slips will not be returned with any statement. You will retain a copy of such slip furnished at the time of the transaction in order to verify your monthly statement. E-Statements: If provided electronically, statements will be (1) e-mailed to you as an attachment; or (2) you will be sent a notice via e-mail that will direct you to a site we maintain or cause to be maintained where you may access, review, print and otherwise copy / download your periodic statements using procedures that we authorize. E-mails from us will be sent to the e-mail address provided by any owner of the account. aDDiTiOnal BeneFiTS/CarD enhanCeMenTS. The Credit Union may from time to time offer additional services to your Account, such as travel accident insurance, purchase rewards or rebates. You understand that the Credit Union is not obligated to continue or to offer such services and may withdraw or change them at any time. If these benefits are withdrawn prior to any accrued use by you, the Credit Union will have no obligation to provide the benefit or enhancement, or any other compensation or consideration.MerChanT DiSPUTeS. The Credit Union is not responsible for the refusal of any merchant or financial institution to honor your Card except as set forth in the Special Rules for Credit Card Purchases set forth at the end of this Agreement. laTe PaYMenT Fee. We will charge your account a late payment fee as previously disclosed for each billing period in which your minimum payment is not received by the payment due date. This fee may be added to your account balance or collected from you on demand.reTUrneD PaYMenT Or inSUFFiCienT FUnDS Fee. We will charge your account a fee as previously disclosed if your payment by any method, including check, electronic transfer, home banking transaction or otherwise, is not honored, collected by us, or if we must return it to you because it cannot be processed for any reason. This fee may be added to your account balance or collected from you on demand.CharGe FOr COPieS, reSearCh anD CarD rePlaCeMenT. If you ask for a copy of any document, such as a sales slip, or billing statement, or need to replace a card for any reason a fee as previously disclosed will be charged to you which may be added to your account balance or collected from you on demand. CarD reCOverY Fee. A card recovery fee as previously disclosed will be charged if you use the card(s) after we mail you notice of termination of this Agreement. The fee may be added to your account balance or collected from you on demand.YOUr reSPOnSiBiliTY anD liaBiliTY FOr UnaUThOrizeD USe anD lOST Or STOlen CarDS. If your Card is lost or stolen, or if you are afraid someone used or may use it without your permission, you must notify the Credit Union at once by calling toll-free: 1-800-336-6309. If notice is given orally, you will promptly confirm it in writing. The Credit Union may require you to provide us certain information in writing to help us investigate any unauthorized use. Further, you agree to cooperate and assist us or any government or law enforcement agent or agency in investigating, collecting or pursuing any other rights (civil and criminal) relating to any unauthorized use. In this regard, you agree to file an appropriate police report when asked to do so. Do not use the Card after you have notified the Credit Union, even if you find them or have them returned to you. You are liable for all transactions that you authorize. No Liability: You will have no liability for unauthorized use of your Card or other Access Devices for non-ATM transactions made over the VISA Network if the following conditions are met: (1) You have not been grossly negligent; and (2) You have not committed, participated in or conspired to commit any fraudulent act or scheme involving the use of your VISA credit card account. Limited Liability: For transactions on other networks or ATM transactions, you may be liable for unauthorized transactions using your Card or other Access Balance Subject to Finance Charge - Average Daily Balance. 
We  will  calculate  interest  by  applying  a  periodic  rate 
(described  below)  to  the  Average  Daily  Balance  of  the 
Account.  To  get  the  Average  Daily  Balance,  we  take  the 
beginning balance of your Account each day, add any new 
purchases, and subtract any payments, credits, any non-
accruing fees, and unpaid interest. This gives us the daily 
balance.  Then  we  add  up  all  the  daily  balances  for  the 
billing cycle and divide the total by the number of days in 
the billing cycle. This gives us the Average Daily Balance 
for the billing cycle.

Minimum  Finance  Charge.  There  is  no  minimum  Finance 
Charge. 

Effect  of  Rate  Changes.  If  the  Annual  Percentage  Rate 
changes, the amount of the interest Finance Charges may 
also change. Any new periodic rates will apply to existing 
Account  balances.  The  periodic  rate  may  also  change 
as  provided  in  the  section  of  this  Agreement  entitled 
“Changing This Agreement.”

FEES  AND  CHARGES.  Reference  the  separate  disclosure 
provided  to  you  at  application  for  the  following  fee 
amounts.  Said  amounts  may  be  increased  from  time  to 
time by the credit union upon written notice. Other fees 
may apply.
•  Late  Payment  Fee.  If  we  do  not  receive  the  minimum 
payment due on or before the payment due date as it 
appears on your monthly statement, we will charge the 
Account a late fee for the billing period, in addition to 
interest which accrues on the unpaid balance.

•  Annual Fee. Company shall pay an annual fee for each 

card account issued pursuant to this Agreement.

•  Cash Advance Fee. The fee charged you for obtaining a 

cash loan.

•  Returned Payment or Insufficient Funds Fee. Credit Union 
will charge your account a fee if your payment by any 
method,  including  check,  electronic  transfer,  home 
banking  transaction  or  otherwise,  is  not  honored, 
collected by us, or if we must return it to you because 
it cannot be processed for any reason. This fee may be 
added  to  your  account  balance,  or  collected  from  you 
on demand.

•  Charge  for  Copies,  Research  and  Card  Replacement.  If 
you  ask  for  a  copy  of  any  document,  such  as  a  sales 
slip, Convenience Check, or billing statement, an hourly 
charge may be imposed for the time it takes to research 
and  locate  the  document.  In  addition,  a  per  page 
copying  fee  will  be  imposed.  However,  no  charge  will 
be imposed in connection with any actual or asserted 
billing error.

•  Replacement Card Fee. We will charge a fee to replace a 

lost card.

CROSS  BORDER  AND  FOREIGN  CURRENCY  TRANSACTIONS. 
The  Card  may  be  used  to  purchase  goods  and  services 
internationally.  Certain  fees  will  be  charged  on  cross-

border  transactions  and  foreign-currency  transactions. 
Single Currency Transactions. On transactions that occur in 
a  country  other  than  the  merchant  country,  in  the  same 
currency  as  the  merchant’s  (i.e.,  no  currency  conversion 
takes place), we will not assess a Single Currency Transaction 
Fee. Multi-Currency Transactions. On transactions that occur 
in a country other than the merchant country, in a currency 
other  than  the  merchant’s  (i.e.,  a  currency  conversion  is 
performed), we will not assess a Multi-Currency Transaction 
Fee.

DISCLOSURES OF INFORMATION. You consent to the release 
of  personal  data  about  yourself  by  the  Credit  Union  to 
Visa,  its  members  and  their  respective  contractors  for 
the  purpose  of  providing  emergency  Card  replacement 
services,  and  otherwise  as  allowed  by  law.  Credit  Union 
may  also  release  business  or  personal  data  about  you  to 
third parties as necessary or appropriate (i) in the ordinary 
course of servicing the Account and Cards, (ii) for purposes 
of marketing to you, (iii) as required by law or legal process, 
and (iv) otherwise as permitted by law.

RESTRICTIONS ON USE OF ACCOUNT
•  Named  User.  Only  the  Cardholder  named  on  the  Card 
is permitted to use it for charges, identification, or any 
other reason.

•  Compliance with Applicable Laws and Prohibition of Illegal 
Transactions: You  warrant  and  agree  that  you  will  at  all 
times  comply  with  all  Applicable  Laws;  and  that  your 
card and services are at all times subject to Applicable 
Laws.  Further,  you  agree  and  warrant  that  your  Credit 
Card, other access device or any related account will not 
be  used  to  make  or  facilitate  any  illegal  transaction(s) 
as  determined  by  applicable  law;  and  that  any  such 
use,  including  any  such  authorized  use,  will  constitute 
an  event  of  default  under  this  Agreement.    Certain 
federal  and/or  state  laws  or  Card  Service  Providers’ 
Rules may limit or prohibit certain transactions such as 
(but  not  limited  to)  those  coded  as  possible  gambling 
transactions.  The  Credit  Union  may  decline  to  accept, 
process  or  pay  any  transaction  that  we  believe  to  be 
illegal  or  unenforceable  (regarding  your  obligation  to 
pay  us  or  otherwise)  under  applicable  law;  or  which  is 
otherwise limited or prohibited, including but not limited 
to any transaction involving or relating to any gambling 
activity.  Such  prohibition  or  limitations  may  affect 
some  otherwise  proper  or  allowable  transactions  such 
as  charges  incurred  at  a  hotel-casino.  You  understand 
and  agree  such  limitations/prohibitions  are  not  within 
the  Credit  Union’s  control  and  that  the  Credit  Union 
will  not  have  any  liability,  responsibility  or  culpability 
whatsoever  for  any  such  use  by  you  or  any  authorized 
user(s);  or  for  declining  to  accept,  process,  or  pay  any 
such  transaction.    You  further  agree  to  indemnify  and 
hold the Credit Union harmless from any suits, liability, 
damages  or  adverse  action  of  any  kind  that  results 
directly or indirectly from any such use of your account 
and/or  access  devices.  Notwithstanding  the  foregoing, 

you will remain fully obligated to pay any indebtedness 
incurred in contravention of the foregoing limitations. We 
may  block  any  transaction  that  we  believe  may  violate 
this provision.

LIABILITY  FOR  UNAUTHORIZED  USE.  Except  as  expressly 
limited  by  law  and  within  this  Agreement,  you  are  liable 
for all Charges on the Card, authorized and unauthorized. 
If the Card or Account number is lost or stolen, or if you 
think  that  someone  used  or  may  use  them  without  your 
permission, you must notify the Credit Union immediately 
by calling 800.336.6309.
•  Definition.  “Unauthorized  use”  means  any  use  by  a 
person who is not an authorized signer on the Account, 
was  not  expressly  or  impliedly  authorized  by  such  a 
person, and from which such a person derives no benefit. 
“Unauthorized use” excludes any transaction conducted 
by:  (i)  a  Company  co-owner;  (ii)  the  Cardholder  or  any 
person authorized by the Cardholder, including a person 
to whom the Cardholder gave the Card or Card number, 
even if the person exceeds or violates your instructions; 
or (iii) any other person with an interest in or authority 
to transact business on the Account. You agree to tell us 
what you know about the unauthorized use and assist us 
in any investigation or actions we take in connection with 
unauthorized usage.

•  Liability. Unless otherwise required by law and subject to 
Visa  International  Operating  Regulations,  Company  has 
unlimited liability for unauthorized use of the Account or 
any Card.

FINANCIAL  AND  CREDIT  INFORMATION.  Unless  otherwise 
specifically agreed in writing by Credit Union, Company shall 
furnish  Credit  Union  with  an  annual  financial  statement 
at  the  end  of  each  year;  and/or  shall  furnish  such  other 
information  as  the  Credit  Union  may  reasonably  request 
from time to time within 15 days from the date of any such 
request. You authorize the Credit Union to make whatever 
credit inquiries or investigations about you that the Credit 
Union  deems  appropriate.  This  includes  obtaining  your 
consumer report from time to time. The Credit Union may 
disclose to others, such as credit bureaus, merchants and 
other financial institutions, information about the Account 
and  your  performance  under  this  Agreement,  subject  to 
applicable law.

CLOSING THE ACCOUNT. By you: You may close the Account 
at any time by notifying the Credit Union in writing at the 
address shown on your monthly statement. You must return 
all Cards with your notice. However, you remain responsible 
to pay the amounts you owe us according to the terms of 
this Agreement. By the Credit Union: The Credit Union may 
close or suspend a Card or the Account at any time without 
cause and without prior notice, subject to applicable law, or 
reissue a different Card at any time. Upon closure (whether 
by  you  or  the  Credit  Union),  your  right  to  use  the  Card 
and to make Charges to the Account will be automatically 
revoked.

GOVERNING  LAW/CONFLICTING  TERMS.  The  Account  will 
be  governed  by  U.S.  federal  law  and,  to  the  extent  not 
preempted, the laws of the state of South Carolina, even if 
you use the Account outside of South Carolina or the U.S. 
The  terms  of  this  Agreement  supersede  any  conflicting 
terms set forth on a sales slip or credit card draft. If any 
part of this Agreement is found to be unenforceable, the 
remainder of the Agreement will remain in full force and 
effect.

SECURITY  INTEREST.  This  Account  is  not  secured  by  any 
real  property  whatsoever,  even  if  another  document  you 
have  with  us  purports  to  grant  such  a  security  interest. 
If  Company  has  given  us  a  security  interest  in  money  or 
other  personal  property  in  a  separate  agreement,  that 
personal property may also secure your obligations under 
this Account.

CHANGING THIS AGREEMENT. We may amend this Agreement 
from time to time, including the addition of entirely new 
provisions, by sending such notice as may be required by 
law.  Notice  may  be  sent  to  Company  at  the  last  address 
shown  in  our  records  for  the  Account.  Unless  we  state 
otherwise,  balances  existing  on  the  effective  date  of  any 
amendment,  as  well  as  future  activity,  will  be  subject 
to  the  terms  of  the  amended  Agreement  to  the  extent 
permitted by law.

SALE  OF  ACCOUNT.  We  may  sell,  securitize,  encumber  or 
otherwise transfer the Account, Cards and any interest in 
them to any party without your knowledge or consent, from 
time to time.

OTHER  FEATURES.  We  may,  from  time  to  time,  offer  you 
other features on the Cards. These may be effectuated by 
a notice of change in terms above or by a separate contract 
or amendment to this Agreement, at our option.

ACCESS  TO  ACCOUNT  INFORMATION.  You  agree  that  all 
borrowers  and  authorized  users  will  have  access  to 
information  regarding  transactions  on  your  account, 
including but not limited to purchases and cash advances, 
account  balances,  account  history,  payments  and  other 
information  relating  to  or  arising  with  regard  to  this 
account or any transaction.

the 

TRAVEL/MERCHANDISE  REWARDS  PROGRAM.  Participation 
in 
travel/merchandise  purchase  point  program 
is  automatic  with  this  Visa  credit  card  program.  You 
understand and agree we are not obligated to continue or 
to  offer  such  a  program.  We  reserve  the  right  to  change 
the program and/or any third party program servicer with 
or without conversion of points, privileges, point accruals, 
redemption periods, etc. If benefits are withdrawn prior to 
any accrued use by you, we have no obligation to provide 
any benefit, enhancement, consideration or compensation 
to  you  or  anyone.  Program  rules  are  provided  by  the 
program servicer and you agree to abide by those terms of 
use as amended from time to time.

ILLEGAL  TRANSACTIONS.  You  warrant  and  agree  that  your 
account  and  any  card(s)  issued,  and  any  other  access 
device  or  any  related  account  will  not  be  used  to  make 
or  facilitate  any  illegal  transaction(s)  as  determined  by 
applicable law; and that any such use, including any such 
authorized  use,  will  constitute  an  event  of  default  under 
this Agreement. The Credit Union may decline to accept, 
process or pay any transaction that we believe to be illegal 
or  unenforceable  (regarding  your  obligation  to  pay  us) 
under  applicable  law,  including  but  not  limited  to  any 
transaction involving or relating to any gambling activity. 
You agree that the Credit Union will not have any liability, 
responsibility or culpability whatsoever for any such use by 
you or any authorized user(s); or for declining to accept, 
process, or pay any such transaction. You further agree to 
indemnify  and  hold  the  Credit  Union  harmless  from  any 
suits, liability, damages or adverse action of any kind that 
results directly or indirectly from such illegal use.

FREEZING AVAILABLE CREDIT LINE. To protect you and us, the 
Credit Union, in its sole discretion, may place a temporary 
freeze on all or part of the credit available to you for new 
purchases or cash advances under this agreement any time 
the Credit Union receives a large payment ($1,000.00 or 
more),  by  a  method  other  than  cash,  certified  funds  or 
electronic  transfer.  In  such  cases,  the  Credit  Union  may 
freeze your credit line until payment is actually collected 
by us.

TERMINATING AUTHORIZED USERS CARD(S). Company shall 
have sole responsibility for notifying Credit Union in writing 
regarding cancellation of charging privileges of authorized 
user(s). Company shall return to the Credit Union the card 
upon cancellation. Company shall be responsible for any 
and all charges made prior to the return of the card to the 
Credit Union.

CHANGING THIS AGREEMENT. Credit Union may change the 
terms of this Agreement, including the Annual Percentage 
Rate, at any time. Except where limited by applicable law, 
the  new  terms,  including,  but  not  limited  to,  increasing 
the finance charge or the way the Credit Union calculates 
finance charges, late charges, and the minimum payment 
due, will apply both to new purchases and cash advances 
and to the existing outstanding balance of your account as 
of  the  day  of  the  change.  In  accordance  with  applicable 
law,  the  Credit  Union  will  notify  you  of  any  increased 
charge  or  change  by  writing  to  you  at  the  most  recent 
address shown for you on the Credit Union’s records.

DELAY  IN  ENFORCEMENT/WAIVERS.  The  Credit  Union  may 
delay  or  waive  enforcement  of  any  of  the  provisions  of 
this Agreement, including any agreement to make timely 
payments,  without  losing  its  right  to  enforce  the  same 
provision later or any other provisions of this Agreement. 
You waive the right to receive notice of any waiver or delay 
or  presentment,  demand,  protest  or  dishonor.  You  also 
waive any applicable statute of limitations to the full extent 

permitted  by  law  and  any  right  you  may  otherwise  have 
to require the Credit Union to proceed against any person 
before suing you to collect. You understand that the Credit 
Union will not be liable for a merchant’s or other parties’ 
refusal to honor your Card whether due to an error by the 
Credit Union, the merchant, the Credit Union’s authorized 
agent, or other third party.

CHANGE OF NAME OR ADDRESS. You will notify immediately 
the Credit Union in writing if your name, home address, or 
employment changes.

CONTACT INFORMATION:

Greenville Branch
1501 Wade Hampton Blvd
Greenville, SC  29609
Fax:  864.370.9414

Greenville Branch
3375 Pelham Rd
Greenville, SC  29615
Fax:  864.371.6079

Mauldin Branch
142 Tanner Rd
Greenville, SC  29607
Fax:  864.676.9067

Greer Branch
107 W Church St
Greer, SC  29650
Fax:  864.877.4642

www.greenvillefcu.com
Toll Free:  800.336.6309

To report a lost or stolen Visa credit card after business 
hours, call toll free:  866.820.6796  You  may also call the 
credit union toll free number and respond as prompted: 
800.336.6309

Note:  The information in this document is accurate as of 
the printing date and is subject to change.  For changes 
since printing, please contact us as noted above.

7/2018

M-125089

Greenville Branch 3375 Pelham Road Greenville, SC 29615 864.371.6060 Fax: 864.371.6079Greenville Branch 1501 Wade Hampton Blvd. Greenville, SC 29609 864.235.6309 Fax: 864.370.9414Mauldin Branch 142 Tanner Road Greenville, SC 29607 864.676.9066 Fax: 864.676.9067Greer Branch 107 W. Church Street Greer, SC 29650 864.877.9089 Fax: 864.877.4642www.greenvillefcu.com 800.336.6309To report a lost or stolen VISA credit card  after business hours, call toll-free 800.654.7728.Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.M-108720When TravelinG. Because card fraud continues to increase at an alarming pace the Credit Union takes extensive measures to minimize and prevent fraud. There are precautionary measures you should take as well:•  Notify the Credit Union of your extensive domestic or international travel plans•  Inquire about potential blocking of transactions in certain countries or locales•  Test your card and PIN before traveling•  Verify your card will not expire during your travels•  Carry alternative payment methods—travelers checks, additional credit or debit cards, etc.•  Do not pack or carry all payment methods in one place—put one in your wallet and another in your suitcase, etc.•  Remain alert to pickpockets•  Photocopy all payment methods, front and back, and keep copies on hand and at homeYOUr BillinG riGhTS STaTeMenT KeeP ThiS nOTiCe FOr FUTUre USeThis 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 STaTeMenT / BillinG aT: Greenville Federal Credit Union Card Services  1501 Wade hampton Blvd, Greenville, SC 29609If you think your statement is wrong, or if you need more information about a transaction on your statement, you must write to us on a separate sheet of paper to the address listed in your periodic statement. You should write to us as soon as possible. We must hear from you no later than 60 days after we sent you the first statement on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, you should give us the following information:•  Your name and account number. •  The dollar amount of the suspected error. •  Describe the error and explain 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 checking account, you can stop payment on any amount you think is wrong. To stop the payment, your letter must reach us 3 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 the bill that are not in question.If we find that we made a mistake on your statement, you will not have to pay the FINANCE CHARGES related to any questioned amount. If we didn’t 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 us and the date that it is due.If you fail to pay the amount we think you owe us, we may report you as delinquent. However, if our explanation does not satisfy you and you write us within 10 days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your statement. 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 you and us when it finally is. If we don’t follow these rules, we can’t collect the first $50.00 of the questioned amount, even if the statement 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:1. You must have made the purchases in your home state or, if not within your home state, within 100 miles of your current mailing address; and 2. The purchase must have been more than $50.00. These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the property or services.you to collect. You understand that the Credit Union will not be liable for a merchant’s or other party’s refusal to honor your Card whether due to an error by the Credit Union, the merchant, the Credit Union’s authorized agent, or other third party.ChanGe OF naMe, aDDreSS Or eMPlOYMenT. You will notify the Credit Union immediately in writing if your name, home address, or employment changes.aDDiTiOnal TerMS OF aGreeMenT. To the extent not prohibited by applicable law, the terms, interpretation and enforcement of any claim or dispute arising under this Agreement, as well as all parties’ rights and duties, will be governed by South Carolina state law regardless of where you may reside or use your account. Further, this Agreement is the contract which governs all transactions on your Account even though sales, cash advances, credit or other slips may contain different terms. You may not transfer or assign your account or Card to any other person. The Credit Union may assign or transfer this Account, your Account balance, or this Agreement to another party which will have all of our rights hereunder. This Agreement is binding on your heirs and legal representatives. if there are joint obligors or authorized users for this credit plan, each of you will have the right to use the account to obtain loans pursuant to the terms hereof. any one obligor’s elections, transactions and directions to the Credit Union shall be binding upon all obligors. Each of you will be liable for all obligations owing on the Account whether borrowed by you or otherwise and whether within or beyond the credit limit. Your liability will be joint and several. Either party has the right to cancel this Agreement. Further each of you is responsible for all amounts borrowed by any authorized user(s). Authorized users and other users may also be required to repay the amount owed for charges they make; however, you remain, at all times, primarily responsible for all amounts owed. All Cards, billing statements and notices will be mailed or delivered to the address given on the application for either applicant unless you direct otherwise in writing. If any law or judicial ruling makes any part, provision, sentence or section of this Agreement unenforceable, the remainder will continue in full force and effect. You agree that your account will also be subject to all rules and regulations of VISA U.S.A., Inc. as applicable, which are incorporated herein by reference. If there is any conflict between this Agreement and the rules and regulations of VISA U.S.A., Inc. the rules and regulations of VISA U.S.A., Inc. will control, as applicable. liMiTaTiOn OF laWSUiTS. You agree that any lawsuit based on a cause of action against us must be filed within one year from the date it arises or you shall be barred from filing any lawsuit. This limitation includes tort, contract and all other causes of action for which you and we may lawfully contract to limit.PaYMenT PrOTeCTiOn OPTiOnS. If you elect insurance as set forth in your application and your insurance application is approved, the charges will be added to your Account balance each billing cycle. Credit insurance is voluntary and not required to obtain a credit card account with us. You have a right to terminate this insurance at any time by notifying us in writing.aUTOMaTeD PaYMenTS. If you establish automated payments to your Account from any source and your designated account does not contain sufficient funds to remit the required minimum monthly payment, you are responsible for making the required minimum monthly payment by the due date.illeGal TranSaCTiOnS. You warrant and agree that your Credit Card, other access device or any related account will not be used to make or facilitate any illegal transaction(s) as determined by applicable law; and that any such use, including any such authorized use, will constitute an event of default under this Agreement. Certain federal and/or state laws or Card Service Providers’ Rules may limit or prohibit certain transactions such as (but not limited to) those coded as possible gambling transactions. The Credit Union may decline to accept, process or pay any transaction that we believe to be illegal or unenforceable (regarding your obligation to pay us or otherwise) under applicable law; or which is otherwise limited or prohibited, including but not limited to any transaction involving or relating to any gambling activity. Such prohibition or limitations may affect some otherwise proper or allowable transactions such as charges incurred at a hotel-casino. You understand and agree such limitations/prohibitions are not within the Credit Union’s control and that the Credit Union will not have any liability, responsibility or culpability whatsoever for any such use by you or any authorized user(s); or for declining to accept, process, or pay any such transaction. You further agree to indemnify and hold the Credit Union harmless from any suits, liability, damages or adverse action of any kind that results directly or indirectly from any such use of your account and/or access devices.Devices that occur before we are notified. However, your liability for unauthorized use on networks other than VISA will not exceed $50.00. In any case, you will not be liable for any unauthorized use after notifying us of the loss, theft or unauthorized use of your Card or other Access Devices.DeFaUlT. You will be in default if: (a) you fail to pay the Minimum Payment Due by the Payment Due Date; (b) the Credit Union, in its sole discretion, feels insecure (For example: Our good faith belief that your ability to pay your account is impaired; use of your account in any manner or in any way that may expose the Credit Union to a risk of loss; etc.); (c) your ability to repay is materially reduced by a change in your employment, by an increase in your obligations, by bankruptcy or insolvency proceedings involving you, by your death, or (for community property state residents only) by a change in marital status or domicile; (d) you exceed your credit limit without our permission; (e) you have made a false or misleading statement to us in your application or otherwise; (f) you are in default under any other agreement with us; (g) if you use or authorize the use of any Card(s) to make or facilitate any illegal transaction; or (h) you fail to perform any of your other obligations under the terms of this Agreement as it may be amended from time to time. Upon default we may close your Account to future purchases and advances and, to the extent not prohibited by Governing Law, demand immediate payment of your entire Account balance, after giving you any notice and opportunity to cure the default if required by applicable law. The Credit Union’s sole obligation hereunder with regard to determining and declaring an event of default is the exercise of “good faith,” based on its subjective understanding of applicable facts. We shall also have the right to close your account and terminate access privileges where your account is inactive for such periods of time as we may from time to time determine to be appropriate for protecting both our and your interests.COlleCTiOn COSTS. You agree to pay all costs incurred by the Credit Union in collecting any amounts you owe or in enforcing or protecting the Credit Union’s rights under this Agreement, including attorneys’ fees of 20% of the unpaid balance or such greater sum as may be reasonable, and also those costs, expenses and attorneys’ fees incurred in any appellate, bankruptcy and post-judgment proceedings, except as limited or prohibited by applicable law.UPDaTinG anD DiSClOSinG FinanCial inFOrMaTiOn. We may report your performance under this Agreement to credit reporting agencies and secure follow-up credit reports on you for any legitimate business reason, including if you fail to make your minimum payments on time. We can reinvestigate and reevaluate any information you provide on your Visa Application at any time, and in the course of doing so, we may ask you to provide additional information, request credit bureau reports and/or otherwise verify your current credit standing.Access to Account Information. You agree that all borrowers and authorized users will have access to information regarding transactions on your account, including but not limited to purchases and cash advances, account balances, account history, payments and other information relating to or arising with regard to this account or any transaction.ClOSinG YOUr aCCOUnT. Any individual cardholder without the consent of other cardholders may close your Account at any time by notifying us in writing as indicated in this Agreement. Credit Union may close your account or suspend your Card privileges at any time without prior notice. Credit Union may also reissue a different Card or different checks at any time. You must return the Card to the Credit Union upon request. You agree that the Card and all Access Devices remain the property of Credit Union. Each Card we issue will have an expiration date. Upon expiration of your Card your account will automatically terminate; or the Credit Union, in its sole discretion, may extend your Agreement and issue a new card with a new expiration date. If your account is closed, expires or your credit privileges are terminated or suspended, you will remain responsible for paying all amounts you owe us according to the terms of this Agreement. Without limiting the foregoing, the Credit Union has the right to terminate your line of credit and to demand the return of all cards, access checks and other access devices if the Credit Union, in its sole discretion, feels that it is insecure for any reason whatsoever; including but not limited to mismanagement of your account, failing to safeguard any access device, creation of any credit balances by you that may increase the risk of loss or exposure of the Credit Union or failing to cooperate with the Credit Union or others with regard to any claim of unauthorized use or any other defense to payment under applicable law.ChanGinG ThiS aGreeMenT. The Credit Union may change the terms of this Agreement, including the Annual Percentage Rate, at any time. Except where limited by applicable law, the new terms, including, but not limited to, increasing the finance charge or the way the Credit Union calculates finance charges, late charges, and the minimum payment due, will apply both to new purchases and cash advances and to the existing outstanding balance of your account as of the day of the change. In accordance with applicable law, the Credit Union will notify you of any increased charge or change by writing to you at the most recent address shown for you on the Credit Union’s records.DelaY in enFOrCeMenT/WaiverS. The Credit Union may delay or waive enforcement of any of the provisions of this Agreement, including any agreement to make timely payments, without losing its right to enforce the same provision later or any other provisions of this Agreement. You waive the right to receive notice of any waiver or delay or presentment, demand, protest or dishonor. You also waive any applicable statute of limitations to the full extent permitted by law and any right you may otherwise have to require the Credit Union to proceed against any person before suing 2/2013Visa® BusinessDisclosureCONTACT INFORMATION:Greenville Branch1501 Wade Hampton BlvdGreenville, SC  29609Fax:  864.370.9414Greenville Branch3375 Pelham RdGreenville, SC  29615Fax:  864.371.6079Mauldin Branch142 Tanner RdGreenville, SC  29607Fax:  864.676.9067Greer Branch107 W Church StGreer, SC  29650Fax:  864.877.4642www.greenvillefcu.comToll Free:  800.336.6309To report a lost or stolen Visa credit card after business hours, call toll free:  866.820.6796  You  may also call the credit union toll free number and respond as prompted: 800.336.6309Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.Balance Subject to Finance Charge - Average Daily Balance. 
We  will  calculate  interest  by  applying  a  periodic  rate 
(described  below)  to  the  Average  Daily  Balance  of  the 
Account.  To  get  the  Average  Daily  Balance,  we  take  the 
beginning balance of your Account each day, add any new 
purchases, and subtract any payments, credits, any non-
accruing fees, and unpaid interest. This gives us the daily 
balance.  Then  we  add  up  all  the  daily  balances  for  the 
billing cycle and divide the total by the number of days in 
the billing cycle. This gives us the Average Daily Balance 
for the billing cycle.

Minimum  Finance  Charge.  There  is  no  minimum  Finance 
Charge. 

Effect  of  Rate  Changes.  If  the  Annual  Percentage  Rate 
changes, the amount of the interest Finance Charges may 
also change. Any new periodic rates will apply to existing 
Account  balances.  The  periodic  rate  may  also  change 
as  provided  in  the  section  of  this  Agreement  entitled 
“Changing This Agreement.”

FEES  AND  CHARGES.  Reference  the  separate  disclosure 
provided  to  you  at  application  for  the  following  fee 
amounts.  Said  amounts  may  be  increased  from  time  to 
time by the credit union upon written notice. Other fees 
may apply.
•  Late  Payment  Fee.  If  we  do  not  receive  the  minimum 
payment due on or before the payment due date as it 
appears on your monthly statement, we will charge the 
Account a late fee for the billing period, in addition to 
interest which accrues on the unpaid balance.

•  Annual Fee. Company shall pay an annual fee for each 

card account issued pursuant to this Agreement.

•  Cash Advance Fee. The fee charged you for obtaining a 

cash loan.

•  Returned Payment or Insufficient Funds Fee. Credit Union 
will charge your account a fee if your payment by any 
method,  including  check,  electronic  transfer,  home 
banking  transaction  or  otherwise,  is  not  honored, 
collected by us, or if we must return it to you because 
it cannot be processed for any reason. This fee may be 
added  to  your  account  balance,  or  collected  from  you 
on demand.

•  Charge  for  Copies,  Research  and  Card  Replacement.  If 
you  ask  for  a  copy  of  any  document,  such  as  a  sales 
slip, Convenience Check, or billing statement, an hourly 
charge may be imposed for the time it takes to research 
and  locate  the  document.  In  addition,  a  per  page 
copying  fee  will  be  imposed.  However,  no  charge  will 
be imposed in connection with any actual or asserted 
billing error.

•  Replacement Card Fee. We will charge a fee to replace a 

lost card.

CROSS  BORDER  AND  FOREIGN  CURRENCY  TRANSACTIONS. 
The  Card  may  be  used  to  purchase  goods  and  services 
internationally.  Certain  fees  will  be  charged  on  cross-

border  transactions  and  foreign-currency  transactions. 
Single Currency Transactions. On transactions that occur in 
a  country  other  than  the  merchant  country,  in  the  same 
currency  as  the  merchant’s  (i.e.,  no  currency  conversion 
takes place), we will not assess a Single Currency Transaction 
Fee. Multi-Currency Transactions. On transactions that occur 
in a country other than the merchant country, in a currency 
other  than  the  merchant’s  (i.e.,  a  currency  conversion  is 
performed), we will not assess a Multi-Currency Transaction 
Fee.

DISCLOSURES OF INFORMATION. You consent to the release 
of  personal  data  about  yourself  by  the  Credit  Union  to 
Visa,  its  members  and  their  respective  contractors  for 
the  purpose  of  providing  emergency  Card  replacement 
services,  and  otherwise  as  allowed  by  law.  Credit  Union 
may  also  release  business  or  personal  data  about  you  to 
third parties as necessary or appropriate (i) in the ordinary 
course of servicing the Account and Cards, (ii) for purposes 
of marketing to you, (iii) as required by law or legal process, 
and (iv) otherwise as permitted by law.

RESTRICTIONS ON USE OF ACCOUNT
•  Named  User.  Only  the  Cardholder  named  on  the  Card 
is permitted to use it for charges, identification, or any 
other reason.

•  Compliance with Applicable Laws and Prohibition of Illegal 
Transactions: You  warrant  and  agree  that  you  will  at  all 
times  comply  with  all  Applicable  Laws;  and  that  your 
card and services are at all times subject to Applicable 
Laws.  Further,  you  agree  and  warrant  that  your  Credit 
Card, other access device or any related account will not 
be  used  to  make  or  facilitate  any  illegal  transaction(s) 
as  determined  by  applicable  law;  and  that  any  such 
use,  including  any  such  authorized  use,  will  constitute 
an  event  of  default  under  this  Agreement.    Certain 
federal  and/or  state  laws  or  Card  Service  Providers’ 
Rules may limit or prohibit certain transactions such as 
(but  not  limited  to)  those  coded  as  possible  gambling 
transactions.  The  Credit  Union  may  decline  to  accept, 
process  or  pay  any  transaction  that  we  believe  to  be 
illegal  or  unenforceable  (regarding  your  obligation  to 
pay  us  or  otherwise)  under  applicable  law;  or  which  is 
otherwise limited or prohibited, including but not limited 
to any transaction involving or relating to any gambling 
activity.  Such  prohibition  or  limitations  may  affect 
some  otherwise  proper  or  allowable  transactions  such 
as  charges  incurred  at  a  hotel-casino.  You  understand 
and  agree  such  limitations/prohibitions  are  not  within 
the  Credit  Union’s  control  and  that  the  Credit  Union 
will  not  have  any  liability,  responsibility  or  culpability 
whatsoever  for  any  such  use  by  you  or  any  authorized 
user(s);  or  for  declining  to  accept,  process,  or  pay  any 
such  transaction.    You  further  agree  to  indemnify  and 
hold the Credit Union harmless from any suits, liability, 
damages  or  adverse  action  of  any  kind  that  results 
directly or indirectly from any such use of your account 
and/or  access  devices.  Notwithstanding  the  foregoing, 

you will remain fully obligated to pay any indebtedness 
incurred in contravention of the foregoing limitations. We 
may  block  any  transaction  that  we  believe  may  violate 
this provision.

LIABILITY  FOR  UNAUTHORIZED  USE.  Except  as  expressly 
limited  by  law  and  within  this  Agreement,  you  are  liable 
for all Charges on the Card, authorized and unauthorized. 
If the Card or Account number is lost or stolen, or if you 
think  that  someone  used  or  may  use  them  without  your 
permission, you must notify the Credit Union immediately 
by calling 800.336.6309.
•  Definition.  “Unauthorized  use”  means  any  use  by  a 
person who is not an authorized signer on the Account, 
was  not  expressly  or  impliedly  authorized  by  such  a 
person, and from which such a person derives no benefit. 
“Unauthorized use” excludes any transaction conducted 
by:  (i)  a  Company  co-owner;  (ii)  the  Cardholder  or  any 
person authorized by the Cardholder, including a person 
to whom the Cardholder gave the Card or Card number, 
even if the person exceeds or violates your instructions; 
or (iii) any other person with an interest in or authority 
to transact business on the Account. You agree to tell us 
what you know about the unauthorized use and assist us 
in any investigation or actions we take in connection with 
unauthorized usage.

•  Liability. Unless otherwise required by law and subject to 
Visa  International  Operating  Regulations,  Company  has 
unlimited liability for unauthorized use of the Account or 
any Card.

FINANCIAL  AND  CREDIT  INFORMATION.  Unless  otherwise 
specifically agreed in writing by Credit Union, Company shall 
furnish  Credit  Union  with  an  annual  financial  statement 
at  the  end  of  each  year;  and/or  shall  furnish  such  other 
information  as  the  Credit  Union  may  reasonably  request 
from time to time within 15 days from the date of any such 
request. You authorize the Credit Union to make whatever 
credit inquiries or investigations about you that the Credit 
Union  deems  appropriate.  This  includes  obtaining  your 
consumer report from time to time. The Credit Union may 
disclose to others, such as credit bureaus, merchants and 
other financial institutions, information about the Account 
and  your  performance  under  this  Agreement,  subject  to 
applicable law.

CLOSING THE ACCOUNT. By you: You may close the Account 
at any time by notifying the Credit Union in writing at the 
address shown on your monthly statement. You must return 
all Cards with your notice. However, you remain responsible 
to pay the amounts you owe us according to the terms of 
this Agreement. By the Credit Union: The Credit Union may 
close or suspend a Card or the Account at any time without 
cause and without prior notice, subject to applicable law, or 
reissue a different Card at any time. Upon closure (whether 
by  you  or  the  Credit  Union),  your  right  to  use  the  Card 
and to make Charges to the Account will be automatically 
revoked.

GOVERNING  LAW/CONFLICTING  TERMS.  The  Account  will 
be  governed  by  U.S.  federal  law  and,  to  the  extent  not 
preempted, the laws of the state of South Carolina, even if 
you use the Account outside of South Carolina or the U.S. 
The  terms  of  this  Agreement  supersede  any  conflicting 
terms set forth on a sales slip or credit card draft. If any 
part of this Agreement is found to be unenforceable, the 
remainder of the Agreement will remain in full force and 
effect.

SECURITY  INTEREST.  This  Account  is  not  secured  by  any 
real  property  whatsoever,  even  if  another  document  you 
have  with  us  purports  to  grant  such  a  security  interest. 
If  Company  has  given  us  a  security  interest  in  money  or 
other  personal  property  in  a  separate  agreement,  that 
personal property may also secure your obligations under 
this Account.

CHANGING THIS AGREEMENT. We may amend this Agreement 
from time to time, including the addition of entirely new 
provisions, by sending such notice as may be required by 
law.  Notice  may  be  sent  to  Company  at  the  last  address 
shown  in  our  records  for  the  Account.  Unless  we  state 
otherwise,  balances  existing  on  the  effective  date  of  any 
amendment,  as  well  as  future  activity,  will  be  subject 
to  the  terms  of  the  amended  Agreement  to  the  extent 
permitted by law.

SALE  OF  ACCOUNT.  We  may  sell,  securitize,  encumber  or 
otherwise transfer the Account, Cards and any interest in 
them to any party without your knowledge or consent, from 
time to time.

OTHER  FEATURES.  We  may,  from  time  to  time,  offer  you 
other features on the Cards. These may be effectuated by 
a notice of change in terms above or by a separate contract 
or amendment to this Agreement, at our option.

ACCESS  TO  ACCOUNT  INFORMATION.  You  agree  that  all 
borrowers  and  authorized  users  will  have  access  to 
information  regarding  transactions  on  your  account, 
including but not limited to purchases and cash advances, 
account  balances,  account  history,  payments  and  other 
information  relating  to  or  arising  with  regard  to  this 
account or any transaction.

the 

TRAVEL/MERCHANDISE  REWARDS  PROGRAM.  Participation 
in 
travel/merchandise  purchase  point  program 
is  automatic  with  this  Visa  credit  card  program.  You 
understand and agree we are not obligated to continue or 
to  offer  such  a  program.  We  reserve  the  right  to  change 
the program and/or any third party program servicer with 
or without conversion of points, privileges, point accruals, 
redemption periods, etc. If benefits are withdrawn prior to 
any accrued use by you, we have no obligation to provide 
any benefit, enhancement, consideration or compensation 
to  you  or  anyone.  Program  rules  are  provided  by  the 
program servicer and you agree to abide by those terms of 
use as amended from time to time.

ILLEGAL  TRANSACTIONS.  You  warrant  and  agree  that  your 
account  and  any  card(s)  issued,  and  any  other  access 
device  or  any  related  account  will  not  be  used  to  make 
or  facilitate  any  illegal  transaction(s)  as  determined  by 
applicable law; and that any such use, including any such 
authorized  use,  will  constitute  an  event  of  default  under 
this Agreement. The Credit Union may decline to accept, 
process or pay any transaction that we believe to be illegal 
or  unenforceable  (regarding  your  obligation  to  pay  us) 
under  applicable  law,  including  but  not  limited  to  any 
transaction involving or relating to any gambling activity. 
You agree that the Credit Union will not have any liability, 
responsibility or culpability whatsoever for any such use by 
you or any authorized user(s); or for declining to accept, 
process, or pay any such transaction. You further agree to 
indemnify  and  hold  the  Credit  Union  harmless  from  any 
suits, liability, damages or adverse action of any kind that 
results directly or indirectly from such illegal use.

FREEZING AVAILABLE CREDIT LINE. To protect you and us, the 
Credit Union, in its sole discretion, may place a temporary 
freeze on all or part of the credit available to you for new 
purchases or cash advances under this agreement any time 
the Credit Union receives a large payment ($1,000.00 or 
more),  by  a  method  other  than  cash,  certified  funds  or 
electronic  transfer.  In  such  cases,  the  Credit  Union  may 
freeze your credit line until payment is actually collected 
by us.

TERMINATING AUTHORIZED USERS CARD(S). Company shall 
have sole responsibility for notifying Credit Union in writing 
regarding cancellation of charging privileges of authorized 
user(s). Company shall return to the Credit Union the card 
upon cancellation. Company shall be responsible for any 
and all charges made prior to the return of the card to the 
Credit Union.

CHANGING THIS AGREEMENT. Credit Union may change the 
terms of this Agreement, including the Annual Percentage 
Rate, at any time. Except where limited by applicable law, 
the  new  terms,  including,  but  not  limited  to,  increasing 
the finance charge or the way the Credit Union calculates 
finance charges, late charges, and the minimum payment 
due, will apply both to new purchases and cash advances 
and to the existing outstanding balance of your account as 
of  the  day  of  the  change.  In  accordance  with  applicable 
law,  the  Credit  Union  will  notify  you  of  any  increased 
charge  or  change  by  writing  to  you  at  the  most  recent 
address shown for you on the Credit Union’s records.

DELAY  IN  ENFORCEMENT/WAIVERS.  The  Credit  Union  may 
delay  or  waive  enforcement  of  any  of  the  provisions  of 
this Agreement, including any agreement to make timely 
payments,  without  losing  its  right  to  enforce  the  same 
provision later or any other provisions of this Agreement. 
You waive the right to receive notice of any waiver or delay 
or  presentment,  demand,  protest  or  dishonor.  You  also 
waive any applicable statute of limitations to the full extent 

permitted  by  law  and  any  right  you  may  otherwise  have 
to require the Credit Union to proceed against any person 
before suing you to collect. You understand that the Credit 
Union will not be liable for a merchant’s or other parties’ 
refusal to honor your Card whether due to an error by the 
Credit Union, the merchant, the Credit Union’s authorized 
agent, or other third party.

CHANGE OF NAME OR ADDRESS. You will notify immediately 
the Credit Union in writing if your name, home address, or 
employment changes.

CONTACT INFORMATION:

Greenville Branch
1501 Wade Hampton Blvd
Greenville, SC  29609
Fax:  864.370.9414

Greenville Branch
3375 Pelham Rd
Greenville, SC  29615
Fax:  864.371.6079

Mauldin Branch
142 Tanner Rd
Greenville, SC  29607
Fax:  864.676.9067

Greer Branch
107 W Church St
Greer, SC  29650
Fax:  864.877.4642

www.greenvillefcu.com
Toll Free:  800.336.6309

To report a lost or stolen Visa credit card after business 
hours, call toll free:  866.820.6796  You  may also call the 
credit union toll free number and respond as prompted: 
800.336.6309

Note:  The information in this document is accurate as of 
the printing date and is subject to change.  For changes 
since printing, please contact us as noted above.

7/2018

M-125089

Greenville Branch 3375 Pelham Road Greenville, SC 29615 864.371.6060 Fax: 864.371.6079Greenville Branch 1501 Wade Hampton Blvd. Greenville, SC 29609 864.235.6309 Fax: 864.370.9414Mauldin Branch 142 Tanner Road Greenville, SC 29607 864.676.9066 Fax: 864.676.9067Greer Branch 107 W. Church Street Greer, SC 29650 864.877.9089 Fax: 864.877.4642www.greenvillefcu.com 800.336.6309To report a lost or stolen VISA credit card  after business hours, call toll-free 800.654.7728.Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.M-108720When TravelinG. Because card fraud continues to increase at an alarming pace the Credit Union takes extensive measures to minimize and prevent fraud. There are precautionary measures you should take as well:•  Notify the Credit Union of your extensive domestic or international travel plans•  Inquire about potential blocking of transactions in certain countries or locales•  Test your card and PIN before traveling•  Verify your card will not expire during your travels•  Carry alternative payment methods—travelers checks, additional credit or debit cards, etc.•  Do not pack or carry all payment methods in one place—put one in your wallet and another in your suitcase, etc.•  Remain alert to pickpockets•  Photocopy all payment methods, front and back, and keep copies on hand and at homeYOUr BillinG riGhTS STaTeMenT KeeP ThiS nOTiCe FOr FUTUre USeThis 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 STaTeMenT / BillinG aT: Greenville Federal Credit Union Card Services  1501 Wade hampton Blvd, Greenville, SC 29609If you think your statement is wrong, or if you need more information about a transaction on your statement, you must write to us on a separate sheet of paper to the address listed in your periodic statement. You should write to us as soon as possible. We must hear from you no later than 60 days after we sent you the first statement on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, you should give us the following information:•  Your name and account number. •  The dollar amount of the suspected error. •  Describe the error and explain 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 checking account, you can stop payment on any amount you think is wrong. To stop the payment, your letter must reach us 3 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 the bill that are not in question.If we find that we made a mistake on your statement, you will not have to pay the FINANCE CHARGES related to any questioned amount. If we didn’t 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 us and the date that it is due.If you fail to pay the amount we think you owe us, we may report you as delinquent. However, if our explanation does not satisfy you and you write us within 10 days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your statement. 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 you and us when it finally is. If we don’t follow these rules, we can’t collect the first $50.00 of the questioned amount, even if the statement 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:1. You must have made the purchases in your home state or, if not within your home state, within 100 miles of your current mailing address; and 2. The purchase must have been more than $50.00. These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the property or services.you to collect. You understand that the Credit Union will not be liable for a merchant’s or other party’s refusal to honor your Card whether due to an error by the Credit Union, the merchant, the Credit Union’s authorized agent, or other third party.ChanGe OF naMe, aDDreSS Or eMPlOYMenT. You will notify the Credit Union immediately in writing if your name, home address, or employment changes.aDDiTiOnal TerMS OF aGreeMenT. To the extent not prohibited by applicable law, the terms, interpretation and enforcement of any claim or dispute arising under this Agreement, as well as all parties’ rights and duties, will be governed by South Carolina state law regardless of where you may reside or use your account. Further, this Agreement is the contract which governs all transactions on your Account even though sales, cash advances, credit or other slips may contain different terms. You may not transfer or assign your account or Card to any other person. The Credit Union may assign or transfer this Account, your Account balance, or this Agreement to another party which will have all of our rights hereunder. This Agreement is binding on your heirs and legal representatives. if there are joint obligors or authorized users for this credit plan, each of you will have the right to use the account to obtain loans pursuant to the terms hereof. any one obligor’s elections, transactions and directions to the Credit Union shall be binding upon all obligors. Each of you will be liable for all obligations owing on the Account whether borrowed by you or otherwise and whether within or beyond the credit limit. Your liability will be joint and several. Either party has the right to cancel this Agreement. Further each of you is responsible for all amounts borrowed by any authorized user(s). Authorized users and other users may also be required to repay the amount owed for charges they make; however, you remain, at all times, primarily responsible for all amounts owed. All Cards, billing statements and notices will be mailed or delivered to the address given on the application for either applicant unless you direct otherwise in writing. If any law or judicial ruling makes any part, provision, sentence or section of this Agreement unenforceable, the remainder will continue in full force and effect. You agree that your account will also be subject to all rules and regulations of VISA U.S.A., Inc. as applicable, which are incorporated herein by reference. If there is any conflict between this Agreement and the rules and regulations of VISA U.S.A., Inc. the rules and regulations of VISA U.S.A., Inc. will control, as applicable. liMiTaTiOn OF laWSUiTS. You agree that any lawsuit based on a cause of action against us must be filed within one year from the date it arises or you shall be barred from filing any lawsuit. This limitation includes tort, contract and all other causes of action for which you and we may lawfully contract to limit.PaYMenT PrOTeCTiOn OPTiOnS. If you elect insurance as set forth in your application and your insurance application is approved, the charges will be added to your Account balance each billing cycle. Credit insurance is voluntary and not required to obtain a credit card account with us. You have a right to terminate this insurance at any time by notifying us in writing.aUTOMaTeD PaYMenTS. If you establish automated payments to your Account from any source and your designated account does not contain sufficient funds to remit the required minimum monthly payment, you are responsible for making the required minimum monthly payment by the due date.illeGal TranSaCTiOnS. You warrant and agree that your Credit Card, other access device or any related account will not be used to make or facilitate any illegal transaction(s) as determined by applicable law; and that any such use, including any such authorized use, will constitute an event of default under this Agreement. Certain federal and/or state laws or Card Service Providers’ Rules may limit or prohibit certain transactions such as (but not limited to) those coded as possible gambling transactions. The Credit Union may decline to accept, process or pay any transaction that we believe to be illegal or unenforceable (regarding your obligation to pay us or otherwise) under applicable law; or which is otherwise limited or prohibited, including but not limited to any transaction involving or relating to any gambling activity. Such prohibition or limitations may affect some otherwise proper or allowable transactions such as charges incurred at a hotel-casino. You understand and agree such limitations/prohibitions are not within the Credit Union’s control and that the Credit Union will not have any liability, responsibility or culpability whatsoever for any such use by you or any authorized user(s); or for declining to accept, process, or pay any such transaction. You further agree to indemnify and hold the Credit Union harmless from any suits, liability, damages or adverse action of any kind that results directly or indirectly from any such use of your account and/or access devices.Devices that occur before we are notified. However, your liability for unauthorized use on networks other than VISA will not exceed $50.00. In any case, you will not be liable for any unauthorized use after notifying us of the loss, theft or unauthorized use of your Card or other Access Devices.DeFaUlT. You will be in default if: (a) you fail to pay the Minimum Payment Due by the Payment Due Date; (b) the Credit Union, in its sole discretion, feels insecure (For example: Our good faith belief that your ability to pay your account is impaired; use of your account in any manner or in any way that may expose the Credit Union to a risk of loss; etc.); (c) your ability to repay is materially reduced by a change in your employment, by an increase in your obligations, by bankruptcy or insolvency proceedings involving you, by your death, or (for community property state residents only) by a change in marital status or domicile; (d) you exceed your credit limit without our permission; (e) you have made a false or misleading statement to us in your application or otherwise; (f) you are in default under any other agreement with us; (g) if you use or authorize the use of any Card(s) to make or facilitate any illegal transaction; or (h) you fail to perform any of your other obligations under the terms of this Agreement as it may be amended from time to time. Upon default we may close your Account to future purchases and advances and, to the extent not prohibited by Governing Law, demand immediate payment of your entire Account balance, after giving you any notice and opportunity to cure the default if required by applicable law. The Credit Union’s sole obligation hereunder with regard to determining and declaring an event of default is the exercise of “good faith,” based on its subjective understanding of applicable facts. We shall also have the right to close your account and terminate access privileges where your account is inactive for such periods of time as we may from time to time determine to be appropriate for protecting both our and your interests.COlleCTiOn COSTS. You agree to pay all costs incurred by the Credit Union in collecting any amounts you owe or in enforcing or protecting the Credit Union’s rights under this Agreement, including attorneys’ fees of 20% of the unpaid balance or such greater sum as may be reasonable, and also those costs, expenses and attorneys’ fees incurred in any appellate, bankruptcy and post-judgment proceedings, except as limited or prohibited by applicable law.UPDaTinG anD DiSClOSinG FinanCial inFOrMaTiOn. We may report your performance under this Agreement to credit reporting agencies and secure follow-up credit reports on you for any legitimate business reason, including if you fail to make your minimum payments on time. We can reinvestigate and reevaluate any information you provide on your Visa Application at any time, and in the course of doing so, we may ask you to provide additional information, request credit bureau reports and/or otherwise verify your current credit standing.Access to Account Information. You agree that all borrowers and authorized users will have access to information regarding transactions on your account, including but not limited to purchases and cash advances, account balances, account history, payments and other information relating to or arising with regard to this account or any transaction.ClOSinG YOUr aCCOUnT. Any individual cardholder without the consent of other cardholders may close your Account at any time by notifying us in writing as indicated in this Agreement. Credit Union may close your account or suspend your Card privileges at any time without prior notice. Credit Union may also reissue a different Card or different checks at any time. You must return the Card to the Credit Union upon request. You agree that the Card and all Access Devices remain the property of Credit Union. Each Card we issue will have an expiration date. Upon expiration of your Card your account will automatically terminate; or the Credit Union, in its sole discretion, may extend your Agreement and issue a new card with a new expiration date. If your account is closed, expires or your credit privileges are terminated or suspended, you will remain responsible for paying all amounts you owe us according to the terms of this Agreement. Without limiting the foregoing, the Credit Union has the right to terminate your line of credit and to demand the return of all cards, access checks and other access devices if the Credit Union, in its sole discretion, feels that it is insecure for any reason whatsoever; including but not limited to mismanagement of your account, failing to safeguard any access device, creation of any credit balances by you that may increase the risk of loss or exposure of the Credit Union or failing to cooperate with the Credit Union or others with regard to any claim of unauthorized use or any other defense to payment under applicable law.ChanGinG ThiS aGreeMenT. The Credit Union may change the terms of this Agreement, including the Annual Percentage Rate, at any time. Except where limited by applicable law, the new terms, including, but not limited to, increasing the finance charge or the way the Credit Union calculates finance charges, late charges, and the minimum payment due, will apply both to new purchases and cash advances and to the existing outstanding balance of your account as of the day of the change. In accordance with applicable law, the Credit Union will notify you of any increased charge or change by writing to you at the most recent address shown for you on the Credit Union’s records.DelaY in enFOrCeMenT/WaiverS. The Credit Union may delay or waive enforcement of any of the provisions of this Agreement, including any agreement to make timely payments, without losing its right to enforce the same provision later or any other provisions of this Agreement. You waive the right to receive notice of any waiver or delay or presentment, demand, protest or dishonor. You also waive any applicable statute of limitations to the full extent permitted by law and any right you may otherwise have to require the Credit Union to proceed against any person before suing 2/2013Visa® BusinessDisclosureCONTACT INFORMATION:Greenville Branch1501 Wade Hampton BlvdGreenville, SC  29609Fax:  864.370.9414Greenville Branch3375 Pelham RdGreenville, SC  29615Fax:  864.371.6079Mauldin Branch142 Tanner RdGreenville, SC  29607Fax:  864.676.9067Greer Branch107 W Church StGreer, SC  29650Fax:  864.877.4642www.greenvillefcu.comToll Free:  800.336.6309To report a lost or stolen Visa credit card after business hours, call toll free:  866.820.6796  You  may also call the credit union toll free number and respond as prompted: 800.336.6309Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.Balance Subject to Finance Charge - Average Daily Balance. 
We  will  calculate  interest  by  applying  a  periodic  rate 
(described  below)  to  the  Average  Daily  Balance  of  the 
Account.  To  get  the  Average  Daily  Balance,  we  take  the 
beginning balance of your Account each day, add any new 
purchases, and subtract any payments, credits, any non-
accruing fees, and unpaid interest. This gives us the daily 
balance.  Then  we  add  up  all  the  daily  balances  for  the 
billing cycle and divide the total by the number of days in 
the billing cycle. This gives us the Average Daily Balance 
for the billing cycle.

Minimum  Finance  Charge.  There  is  no  minimum  Finance 
Charge. 

Effect  of  Rate  Changes.  If  the  Annual  Percentage  Rate 
changes, the amount of the interest Finance Charges may 
also change. Any new periodic rates will apply to existing 
Account  balances.  The  periodic  rate  may  also  change 
as  provided  in  the  section  of  this  Agreement  entitled 
“Changing This Agreement.”

FEES  AND  CHARGES.  Reference  the  separate  disclosure 
provided  to  you  at  application  for  the  following  fee 
amounts.  Said  amounts  may  be  increased  from  time  to 
time by the credit union upon written notice. Other fees 
may apply.
•  Late  Payment  Fee.  If  we  do  not  receive  the  minimum 
payment due on or before the payment due date as it 
appears on your monthly statement, we will charge the 
Account a late fee for the billing period, in addition to 
interest which accrues on the unpaid balance.

•  Annual Fee. Company shall pay an annual fee for each 

card account issued pursuant to this Agreement.

•  Cash Advance Fee. The fee charged you for obtaining a 

cash loan.

•  Returned Payment or Insufficient Funds Fee. Credit Union 
will charge your account a fee if your payment by any 
method,  including  check,  electronic  transfer,  home 
banking  transaction  or  otherwise,  is  not  honored, 
collected by us, or if we must return it to you because 
it cannot be processed for any reason. This fee may be 
added  to  your  account  balance,  or  collected  from  you 
on demand.

•  Charge  for  Copies,  Research  and  Card  Replacement.  If 
you  ask  for  a  copy  of  any  document,  such  as  a  sales 
slip, Convenience Check, or billing statement, an hourly 
charge may be imposed for the time it takes to research 
and  locate  the  document.  In  addition,  a  per  page 
copying  fee  will  be  imposed.  However,  no  charge  will 
be imposed in connection with any actual or asserted 
billing error.

•  Replacement Card Fee. We will charge a fee to replace a 

lost card.

CROSS  BORDER  AND  FOREIGN  CURRENCY  TRANSACTIONS. 
The  Card  may  be  used  to  purchase  goods  and  services 
internationally.  Certain  fees  will  be  charged  on  cross-

border  transactions  and  foreign-currency  transactions. 
Single Currency Transactions. On transactions that occur in 
a  country  other  than  the  merchant  country,  in  the  same 
currency  as  the  merchant’s  (i.e.,  no  currency  conversion 
takes place), we will not assess a Single Currency Transaction 
Fee. Multi-Currency Transactions. On transactions that occur 
in a country other than the merchant country, in a currency 
other  than  the  merchant’s  (i.e.,  a  currency  conversion  is 
performed), we will not assess a Multi-Currency Transaction 
Fee.

DISCLOSURES OF INFORMATION. You consent to the release 
of  personal  data  about  yourself  by  the  Credit  Union  to 
Visa,  its  members  and  their  respective  contractors  for 
the  purpose  of  providing  emergency  Card  replacement 
services,  and  otherwise  as  allowed  by  law.  Credit  Union 
may  also  release  business  or  personal  data  about  you  to 
third parties as necessary or appropriate (i) in the ordinary 
course of servicing the Account and Cards, (ii) for purposes 
of marketing to you, (iii) as required by law or legal process, 
and (iv) otherwise as permitted by law.

RESTRICTIONS ON USE OF ACCOUNT
•  Named  User.  Only  the  Cardholder  named  on  the  Card 
is permitted to use it for charges, identification, or any 
other reason.

•  Compliance with Applicable Laws and Prohibition of Illegal 
Transactions: You  warrant  and  agree  that  you  will  at  all 
times  comply  with  all  Applicable  Laws;  and  that  your 
card and services are at all times subject to Applicable 
Laws.  Further,  you  agree  and  warrant  that  your  Credit 
Card, other access device or any related account will not 
be  used  to  make  or  facilitate  any  illegal  transaction(s) 
as  determined  by  applicable  law;  and  that  any  such 
use,  including  any  such  authorized  use,  will  constitute 
an  event  of  default  under  this  Agreement.    Certain 
federal  and/or  state  laws  or  Card  Service  Providers’ 
Rules may limit or prohibit certain transactions such as 
(but  not  limited  to)  those  coded  as  possible  gambling 
transactions.  The  Credit  Union  may  decline  to  accept, 
process  or  pay  any  transaction  that  we  believe  to  be 
illegal  or  unenforceable  (regarding  your  obligation  to 
pay  us  or  otherwise)  under  applicable  law;  or  which  is 
otherwise limited or prohibited, including but not limited 
to any transaction involving or relating to any gambling 
activity.  Such  prohibition  or  limitations  may  affect 
some  otherwise  proper  or  allowable  transactions  such 
as  charges  incurred  at  a  hotel-casino.  You  understand 
and  agree  such  limitations/prohibitions  are  not  within 
the  Credit  Union’s  control  and  that  the  Credit  Union 
will  not  have  any  liability,  responsibility  or  culpability 
whatsoever  for  any  such  use  by  you  or  any  authorized 
user(s);  or  for  declining  to  accept,  process,  or  pay  any 
such  transaction.    You  further  agree  to  indemnify  and 
hold the Credit Union harmless from any suits, liability, 
damages  or  adverse  action  of  any  kind  that  results 
directly or indirectly from any such use of your account 
and/or  access  devices.  Notwithstanding  the  foregoing, 

you will remain fully obligated to pay any indebtedness 
incurred in contravention of the foregoing limitations. We 
may  block  any  transaction  that  we  believe  may  violate 
this provision.

LIABILITY  FOR  UNAUTHORIZED  USE.  Except  as  expressly 
limited  by  law  and  within  this  Agreement,  you  are  liable 
for all Charges on the Card, authorized and unauthorized. 
If the Card or Account number is lost or stolen, or if you 
think  that  someone  used  or  may  use  them  without  your 
permission, you must notify the Credit Union immediately 
by calling 800.336.6309.
•  Definition.  “Unauthorized  use”  means  any  use  by  a 
person who is not an authorized signer on the Account, 
was  not  expressly  or  impliedly  authorized  by  such  a 
person, and from which such a person derives no benefit. 
“Unauthorized use” excludes any transaction conducted 
by:  (i)  a  Company  co-owner;  (ii)  the  Cardholder  or  any 
person authorized by the Cardholder, including a person 
to whom the Cardholder gave the Card or Card number, 
even if the person exceeds or violates your instructions; 
or (iii) any other person with an interest in or authority 
to transact business on the Account. You agree to tell us 
what you know about the unauthorized use and assist us 
in any investigation or actions we take in connection with 
unauthorized usage.

•  Liability. Unless otherwise required by law and subject to 
Visa  International  Operating  Regulations,  Company  has 
unlimited liability for unauthorized use of the Account or 
any Card.

FINANCIAL  AND  CREDIT  INFORMATION.  Unless  otherwise 
specifically agreed in writing by Credit Union, Company shall 
furnish  Credit  Union  with  an  annual  financial  statement 
at  the  end  of  each  year;  and/or  shall  furnish  such  other 
information  as  the  Credit  Union  may  reasonably  request 
from time to time within 15 days from the date of any such 
request. You authorize the Credit Union to make whatever 
credit inquiries or investigations about you that the Credit 
Union  deems  appropriate.  This  includes  obtaining  your 
consumer report from time to time. The Credit Union may 
disclose to others, such as credit bureaus, merchants and 
other financial institutions, information about the Account 
and  your  performance  under  this  Agreement,  subject  to 
applicable law.

CLOSING THE ACCOUNT. By you: You may close the Account 
at any time by notifying the Credit Union in writing at the 
address shown on your monthly statement. You must return 
all Cards with your notice. However, you remain responsible 
to pay the amounts you owe us according to the terms of 
this Agreement. By the Credit Union: The Credit Union may 
close or suspend a Card or the Account at any time without 
cause and without prior notice, subject to applicable law, or 
reissue a different Card at any time. Upon closure (whether 
by  you  or  the  Credit  Union),  your  right  to  use  the  Card 
and to make Charges to the Account will be automatically 
revoked.

GOVERNING  LAW/CONFLICTING  TERMS.  The  Account  will 
be  governed  by  U.S.  federal  law  and,  to  the  extent  not 
preempted, the laws of the state of South Carolina, even if 
you use the Account outside of South Carolina or the U.S. 
The  terms  of  this  Agreement  supersede  any  conflicting 
terms set forth on a sales slip or credit card draft. If any 
part of this Agreement is found to be unenforceable, the 
remainder of the Agreement will remain in full force and 
effect.

SECURITY  INTEREST.  This  Account  is  not  secured  by  any 
real  property  whatsoever,  even  if  another  document  you 
have  with  us  purports  to  grant  such  a  security  interest. 
If  Company  has  given  us  a  security  interest  in  money  or 
other  personal  property  in  a  separate  agreement,  that 
personal property may also secure your obligations under 
this Account.

CHANGING THIS AGREEMENT. We may amend this Agreement 
from time to time, including the addition of entirely new 
provisions, by sending such notice as may be required by 
law.  Notice  may  be  sent  to  Company  at  the  last  address 
shown  in  our  records  for  the  Account.  Unless  we  state 
otherwise,  balances  existing  on  the  effective  date  of  any 
amendment,  as  well  as  future  activity,  will  be  subject 
to  the  terms  of  the  amended  Agreement  to  the  extent 
permitted by law.

SALE  OF  ACCOUNT.  We  may  sell,  securitize,  encumber  or 
otherwise transfer the Account, Cards and any interest in 
them to any party without your knowledge or consent, from 
time to time.

OTHER  FEATURES.  We  may,  from  time  to  time,  offer  you 
other features on the Cards. These may be effectuated by 
a notice of change in terms above or by a separate contract 
or amendment to this Agreement, at our option.

ACCESS  TO  ACCOUNT  INFORMATION.  You  agree  that  all 
borrowers  and  authorized  users  will  have  access  to 
information  regarding  transactions  on  your  account, 
including but not limited to purchases and cash advances, 
account  balances,  account  history,  payments  and  other 
information  relating  to  or  arising  with  regard  to  this 
account or any transaction.

the 

TRAVEL/MERCHANDISE  REWARDS  PROGRAM.  Participation 
in 
travel/merchandise  purchase  point  program 
is  automatic  with  this  Visa  credit  card  program.  You 
understand and agree we are not obligated to continue or 
to  offer  such  a  program.  We  reserve  the  right  to  change 
the program and/or any third party program servicer with 
or without conversion of points, privileges, point accruals, 
redemption periods, etc. If benefits are withdrawn prior to 
any accrued use by you, we have no obligation to provide 
any benefit, enhancement, consideration or compensation 
to  you  or  anyone.  Program  rules  are  provided  by  the 
program servicer and you agree to abide by those terms of 
use as amended from time to time.

ILLEGAL  TRANSACTIONS.  You  warrant  and  agree  that  your 
account  and  any  card(s)  issued,  and  any  other  access 
device  or  any  related  account  will  not  be  used  to  make 
or  facilitate  any  illegal  transaction(s)  as  determined  by 
applicable law; and that any such use, including any such 
authorized  use,  will  constitute  an  event  of  default  under 
this Agreement. The Credit Union may decline to accept, 
process or pay any transaction that we believe to be illegal 
or  unenforceable  (regarding  your  obligation  to  pay  us) 
under  applicable  law,  including  but  not  limited  to  any 
transaction involving or relating to any gambling activity. 
You agree that the Credit Union will not have any liability, 
responsibility or culpability whatsoever for any such use by 
you or any authorized user(s); or for declining to accept, 
process, or pay any such transaction. You further agree to 
indemnify  and  hold  the  Credit  Union  harmless  from  any 
suits, liability, damages or adverse action of any kind that 
results directly or indirectly from such illegal use.

FREEZING AVAILABLE CREDIT LINE. To protect you and us, the 
Credit Union, in its sole discretion, may place a temporary 
freeze on all or part of the credit available to you for new 
purchases or cash advances under this agreement any time 
the Credit Union receives a large payment ($1,000.00 or 
more),  by  a  method  other  than  cash,  certified  funds  or 
electronic  transfer.  In  such  cases,  the  Credit  Union  may 
freeze your credit line until payment is actually collected 
by us.

TERMINATING AUTHORIZED USERS CARD(S). Company shall 
have sole responsibility for notifying Credit Union in writing 
regarding cancellation of charging privileges of authorized 
user(s). Company shall return to the Credit Union the card 
upon cancellation. Company shall be responsible for any 
and all charges made prior to the return of the card to the 
Credit Union.

CHANGING THIS AGREEMENT. Credit Union may change the 
terms of this Agreement, including the Annual Percentage 
Rate, at any time. Except where limited by applicable law, 
the  new  terms,  including,  but  not  limited  to,  increasing 
the finance charge or the way the Credit Union calculates 
finance charges, late charges, and the minimum payment 
due, will apply both to new purchases and cash advances 
and to the existing outstanding balance of your account as 
of  the  day  of  the  change.  In  accordance  with  applicable 
law,  the  Credit  Union  will  notify  you  of  any  increased 
charge  or  change  by  writing  to  you  at  the  most  recent 
address shown for you on the Credit Union’s records.

DELAY  IN  ENFORCEMENT/WAIVERS.  The  Credit  Union  may 
delay  or  waive  enforcement  of  any  of  the  provisions  of 
this Agreement, including any agreement to make timely 
payments,  without  losing  its  right  to  enforce  the  same 
provision later or any other provisions of this Agreement. 
You waive the right to receive notice of any waiver or delay 
or  presentment,  demand,  protest  or  dishonor.  You  also 
waive any applicable statute of limitations to the full extent 

permitted  by  law  and  any  right  you  may  otherwise  have 
to require the Credit Union to proceed against any person 
before suing you to collect. You understand that the Credit 
Union will not be liable for a merchant’s or other parties’ 
refusal to honor your Card whether due to an error by the 
Credit Union, the merchant, the Credit Union’s authorized 
agent, or other third party.

CHANGE OF NAME OR ADDRESS. You will notify immediately 
the Credit Union in writing if your name, home address, or 
employment changes.

CONTACT INFORMATION:

Greenville Branch
1501 Wade Hampton Blvd
Greenville, SC  29609
Fax:  864.370.9414

Greenville Branch
3375 Pelham Rd
Greenville, SC  29615
Fax:  864.371.6079

Mauldin Branch
142 Tanner Rd
Greenville, SC  29607
Fax:  864.676.9067

Greer Branch
107 W Church St
Greer, SC  29650
Fax:  864.877.4642

www.greenvillefcu.com
Toll Free:  800.336.6309

To report a lost or stolen Visa credit card after business 
hours, call toll free:  866.820.6796  You  may also call the 
credit union toll free number and respond as prompted: 
800.336.6309

Note:  The information in this document is accurate as of 
the printing date and is subject to change.  For changes 
since printing, please contact us as noted above.

7/2018

M-125089

Greenville Branch 3375 Pelham Road Greenville, SC 29615 864.371.6060 Fax: 864.371.6079Greenville Branch 1501 Wade Hampton Blvd. Greenville, SC 29609 864.235.6309 Fax: 864.370.9414Mauldin Branch 142 Tanner Road Greenville, SC 29607 864.676.9066 Fax: 864.676.9067Greer Branch 107 W. Church Street Greer, SC 29650 864.877.9089 Fax: 864.877.4642www.greenvillefcu.com 800.336.6309To report a lost or stolen VISA credit card  after business hours, call toll-free 800.654.7728.Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.M-108720When TravelinG. Because card fraud continues to increase at an alarming pace the Credit Union takes extensive measures to minimize and prevent fraud. There are precautionary measures you should take as well:•  Notify the Credit Union of your extensive domestic or international travel plans•  Inquire about potential blocking of transactions in certain countries or locales•  Test your card and PIN before traveling•  Verify your card will not expire during your travels•  Carry alternative payment methods—travelers checks, additional credit or debit cards, etc.•  Do not pack or carry all payment methods in one place—put one in your wallet and another in your suitcase, etc.•  Remain alert to pickpockets•  Photocopy all payment methods, front and back, and keep copies on hand and at homeYOUr BillinG riGhTS STaTeMenT KeeP ThiS nOTiCe FOr FUTUre USeThis 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 STaTeMenT / BillinG aT: Greenville Federal Credit Union Card Services  1501 Wade hampton Blvd, Greenville, SC 29609If you think your statement is wrong, or if you need more information about a transaction on your statement, you must write to us on a separate sheet of paper to the address listed in your periodic statement. You should write to us as soon as possible. We must hear from you no later than 60 days after we sent you the first statement on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, you should give us the following information:•  Your name and account number. •  The dollar amount of the suspected error. •  Describe the error and explain 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 checking account, you can stop payment on any amount you think is wrong. To stop the payment, your letter must reach us 3 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 the bill that are not in question.If we find that we made a mistake on your statement, you will not have to pay the FINANCE CHARGES related to any questioned amount. If we didn’t 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 us and the date that it is due.If you fail to pay the amount we think you owe us, we may report you as delinquent. However, if our explanation does not satisfy you and you write us within 10 days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your statement. 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 you and us when it finally is. If we don’t follow these rules, we can’t collect the first $50.00 of the questioned amount, even if the statement 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:1. You must have made the purchases in your home state or, if not within your home state, within 100 miles of your current mailing address; and 2. The purchase must have been more than $50.00. These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the property or services.you to collect. You understand that the Credit Union will not be liable for a merchant’s or other party’s refusal to honor your Card whether due to an error by the Credit Union, the merchant, the Credit Union’s authorized agent, or other third party.ChanGe OF naMe, aDDreSS Or eMPlOYMenT. You will notify the Credit Union immediately in writing if your name, home address, or employment changes.aDDiTiOnal TerMS OF aGreeMenT. To the extent not prohibited by applicable law, the terms, interpretation and enforcement of any claim or dispute arising under this Agreement, as well as all parties’ rights and duties, will be governed by South Carolina state law regardless of where you may reside or use your account. Further, this Agreement is the contract which governs all transactions on your Account even though sales, cash advances, credit or other slips may contain different terms. You may not transfer or assign your account or Card to any other person. The Credit Union may assign or transfer this Account, your Account balance, or this Agreement to another party which will have all of our rights hereunder. This Agreement is binding on your heirs and legal representatives. if there are joint obligors or authorized users for this credit plan, each of you will have the right to use the account to obtain loans pursuant to the terms hereof. any one obligor’s elections, transactions and directions to the Credit Union shall be binding upon all obligors. Each of you will be liable for all obligations owing on the Account whether borrowed by you or otherwise and whether within or beyond the credit limit. Your liability will be joint and several. Either party has the right to cancel this Agreement. Further each of you is responsible for all amounts borrowed by any authorized user(s). Authorized users and other users may also be required to repay the amount owed for charges they make; however, you remain, at all times, primarily responsible for all amounts owed. All Cards, billing statements and notices will be mailed or delivered to the address given on the application for either applicant unless you direct otherwise in writing. If any law or judicial ruling makes any part, provision, sentence or section of this Agreement unenforceable, the remainder will continue in full force and effect. You agree that your account will also be subject to all rules and regulations of VISA U.S.A., Inc. as applicable, which are incorporated herein by reference. If there is any conflict between this Agreement and the rules and regulations of VISA U.S.A., Inc. the rules and regulations of VISA U.S.A., Inc. will control, as applicable. liMiTaTiOn OF laWSUiTS. You agree that any lawsuit based on a cause of action against us must be filed within one year from the date it arises or you shall be barred from filing any lawsuit. This limitation includes tort, contract and all other causes of action for which you and we may lawfully contract to limit.PaYMenT PrOTeCTiOn OPTiOnS. If you elect insurance as set forth in your application and your insurance application is approved, the charges will be added to your Account balance each billing cycle. Credit insurance is voluntary and not required to obtain a credit card account with us. You have a right to terminate this insurance at any time by notifying us in writing.aUTOMaTeD PaYMenTS. If you establish automated payments to your Account from any source and your designated account does not contain sufficient funds to remit the required minimum monthly payment, you are responsible for making the required minimum monthly payment by the due date.illeGal TranSaCTiOnS. You warrant and agree that your Credit Card, other access device or any related account will not be used to make or facilitate any illegal transaction(s) as determined by applicable law; and that any such use, including any such authorized use, will constitute an event of default under this Agreement. Certain federal and/or state laws or Card Service Providers’ Rules may limit or prohibit certain transactions such as (but not limited to) those coded as possible gambling transactions. The Credit Union may decline to accept, process or pay any transaction that we believe to be illegal or unenforceable (regarding your obligation to pay us or otherwise) under applicable law; or which is otherwise limited or prohibited, including but not limited to any transaction involving or relating to any gambling activity. Such prohibition or limitations may affect some otherwise proper or allowable transactions such as charges incurred at a hotel-casino. You understand and agree such limitations/prohibitions are not within the Credit Union’s control and that the Credit Union will not have any liability, responsibility or culpability whatsoever for any such use by you or any authorized user(s); or for declining to accept, process, or pay any such transaction. You further agree to indemnify and hold the Credit Union harmless from any suits, liability, damages or adverse action of any kind that results directly or indirectly from any such use of your account and/or access devices.Devices that occur before we are notified. However, your liability for unauthorized use on networks other than VISA will not exceed $50.00. In any case, you will not be liable for any unauthorized use after notifying us of the loss, theft or unauthorized use of your Card or other Access Devices.DeFaUlT. You will be in default if: (a) you fail to pay the Minimum Payment Due by the Payment Due Date; (b) the Credit Union, in its sole discretion, feels insecure (For example: Our good faith belief that your ability to pay your account is impaired; use of your account in any manner or in any way that may expose the Credit Union to a risk of loss; etc.); (c) your ability to repay is materially reduced by a change in your employment, by an increase in your obligations, by bankruptcy or insolvency proceedings involving you, by your death, or (for community property state residents only) by a change in marital status or domicile; (d) you exceed your credit limit without our permission; (e) you have made a false or misleading statement to us in your application or otherwise; (f) you are in default under any other agreement with us; (g) if you use or authorize the use of any Card(s) to make or facilitate any illegal transaction; or (h) you fail to perform any of your other obligations under the terms of this Agreement as it may be amended from time to time. Upon default we may close your Account to future purchases and advances and, to the extent not prohibited by Governing Law, demand immediate payment of your entire Account balance, after giving you any notice and opportunity to cure the default if required by applicable law. The Credit Union’s sole obligation hereunder with regard to determining and declaring an event of default is the exercise of “good faith,” based on its subjective understanding of applicable facts. We shall also have the right to close your account and terminate access privileges where your account is inactive for such periods of time as we may from time to time determine to be appropriate for protecting both our and your interests.COlleCTiOn COSTS. You agree to pay all costs incurred by the Credit Union in collecting any amounts you owe or in enforcing or protecting the Credit Union’s rights under this Agreement, including attorneys’ fees of 20% of the unpaid balance or such greater sum as may be reasonable, and also those costs, expenses and attorneys’ fees incurred in any appellate, bankruptcy and post-judgment proceedings, except as limited or prohibited by applicable law.UPDaTinG anD DiSClOSinG FinanCial inFOrMaTiOn. We may report your performance under this Agreement to credit reporting agencies and secure follow-up credit reports on you for any legitimate business reason, including if you fail to make your minimum payments on time. We can reinvestigate and reevaluate any information you provide on your Visa Application at any time, and in the course of doing so, we may ask you to provide additional information, request credit bureau reports and/or otherwise verify your current credit standing.Access to Account Information. You agree that all borrowers and authorized users will have access to information regarding transactions on your account, including but not limited to purchases and cash advances, account balances, account history, payments and other information relating to or arising with regard to this account or any transaction.ClOSinG YOUr aCCOUnT. Any individual cardholder without the consent of other cardholders may close your Account at any time by notifying us in writing as indicated in this Agreement. Credit Union may close your account or suspend your Card privileges at any time without prior notice. Credit Union may also reissue a different Card or different checks at any time. You must return the Card to the Credit Union upon request. You agree that the Card and all Access Devices remain the property of Credit Union. Each Card we issue will have an expiration date. Upon expiration of your Card your account will automatically terminate; or the Credit Union, in its sole discretion, may extend your Agreement and issue a new card with a new expiration date. If your account is closed, expires or your credit privileges are terminated or suspended, you will remain responsible for paying all amounts you owe us according to the terms of this Agreement. Without limiting the foregoing, the Credit Union has the right to terminate your line of credit and to demand the return of all cards, access checks and other access devices if the Credit Union, in its sole discretion, feels that it is insecure for any reason whatsoever; including but not limited to mismanagement of your account, failing to safeguard any access device, creation of any credit balances by you that may increase the risk of loss or exposure of the Credit Union or failing to cooperate with the Credit Union or others with regard to any claim of unauthorized use or any other defense to payment under applicable law.ChanGinG ThiS aGreeMenT. The Credit Union may change the terms of this Agreement, including the Annual Percentage Rate, at any time. Except where limited by applicable law, the new terms, including, but not limited to, increasing the finance charge or the way the Credit Union calculates finance charges, late charges, and the minimum payment due, will apply both to new purchases and cash advances and to the existing outstanding balance of your account as of the day of the change. In accordance with applicable law, the Credit Union will notify you of any increased charge or change by writing to you at the most recent address shown for you on the Credit Union’s records.DelaY in enFOrCeMenT/WaiverS. The Credit Union may delay or waive enforcement of any of the provisions of this Agreement, including any agreement to make timely payments, without losing its right to enforce the same provision later or any other provisions of this Agreement. You waive the right to receive notice of any waiver or delay or presentment, demand, protest or dishonor. You also waive any applicable statute of limitations to the full extent permitted by law and any right you may otherwise have to require the Credit Union to proceed against any person before suing 2/2013Visa® BusinessDisclosureCONTACT INFORMATION:Greenville Branch1501 Wade Hampton BlvdGreenville, SC  29609Fax:  864.370.9414Greenville Branch3375 Pelham RdGreenville, SC  29615Fax:  864.371.6079Mauldin Branch142 Tanner RdGreenville, SC  29607Fax:  864.676.9067Greer Branch107 W Church StGreer, SC  29650Fax:  864.877.4642www.greenvillefcu.comToll Free:  800.336.6309To report a lost or stolen Visa credit card after business hours, call toll free:  866.820.6796  You  may also call the credit union toll free number and respond as prompted: 800.336.6309Note:  The information in this document is accurate as of the printing date and is subject to change.  For changes since printing, please contact us as noted above.