X721B

Business Cash Back Visa Credit Card 
Cash Back Rewards Program Disclosure

These terms govern your participation in MSU Federal Credit Union’s Business Cash Back Visa Credit Card Cash Back Rewards Program (also 
referred to as the “Program”). Your participation in this Program enables you to earn cash back rewards that will be deposited directly into 
your MSU Federal Credit Union account. “We,” “us,” and “ours” means or refers to this Credit Union. “Cardholder,” “you,” and “your” means an 
individual who has requested and/or received a Business Cash Back Visa Credit Card (also referred to as a “Card”) and/or an entity responsible 
for  the Visa  Credit  Card  loan.  By  using  or  accepting  a  Card,  you  (as  a  cardholder)  agree  to  these  terms  and  any  changes,  additions,  or 
deletions to them. We issue and administer all Cards. Your rewards can be found by accessing your account online or by contacting us at 
800-678-4968. Hours of operation are Monday through Friday 7:00 a.m. to 9:00 p.m. EST and Saturday from 9:00 a.m. to 3:00 p.m. EST. We 
manage and administer the Program. These terms and Card transactions are also subject to other agreements you may have with us (for 
example, cardholder agreements).

General

1. The  program  is  offered  at  the  sole  discretion  of  MSU  Federal  Credit  Union. We  reserve  the  right  to  change  these 
terms at any time, for any reason, and without notice. This includes the right to suspend or end the program, cancel 
outstanding cash back rewards, or change redemption of outstanding rewards. We do not assume any liability for 
these changes.

2. Cards  and  related  accounts  may  be  subject  to  fees  and  charges  in  accordance  with  the  applicable  cardholder 

agreements and fee schedules.

3. In the event of cardholder fraud, abuse of the program privileges, or violation of the terms, we, at our sole discretion, 

reserve the right to cancel your participation in the program.

4. You are responsible for any personal tax liability related to participation in the program or as a result of cash back 

rewards earned or redeemed.

5. The program is void where prohibited by law.

6. We reserve the right to alter the program and policies, and will be the final authority on cash back rewards, credits, 

and award qualifications.

Earning Cash Back Rewards

1. Cardholders will earn 1% cash back for every one U.S. dollar ($1) in eligible net purchases made on their Business 

Cash Back Visa Credit Cards, rounded to the nearest whole dollar. 

2. “Net purchases” are defined as the dollar value of goods and services purchased with a Card beginning with the first 
day of the billing cycle minus any credits, returns, or other adjustments as reflected on monthly billing statements.

3. Transactions excluded from cash back rewards calculation include: (a) cash advances, ATM withdrawals, convenience 
checks, balance transfers, and any PIN (personal identification number) transactions, except as otherwise permitted 
in special promotional offers; (b) any fees and card-related charges posted to the card account, including late fees and 
interest charges as outlined in the applicable cardholder agreement; (c) tax payments or any unauthorized charges or 
transactions.

4. Negative cash back rewards will post on a statement if returns or credits exceed purchases. 

5. Cash  back  rewards  may  be  earned  only  if  the  applicable  account  is  in  good  standing.  An  account  is  not  in  good 
standing if closed or suspended. If the account is closed by either you or us for any reason, all cash back rewards that 
have been accumulated but are unused will be forfeited immediately.

6. Cash back rewards accrual will begin upon activation of your card.

7. The amount of cash back rewards a cardholder can earn in a calendar year is unlimited.

8. Cash back rewards earned will be credited on a daily basis and will be displayed on the monthly statement. 

9. Cash  back  rewards  do  not  expire.  Cash  back  rewards  are  not  considered  your  property  and  are  generally  not 

transferable upon death, as part of a legal settlement, or as part of a domestic relations issue.

Redeeming Cash Back Rewards

1. Visit our ComputerLine or mobile app, contact our Call Center at 800-678-4968, or visit any branch for all redemption 

inquiries and to redeem your cash back rewards.

2. To redeem your cash back, select the account where it will be deposited and the amount. You can redeem your 
cash back rewards at any time, in any amount. Cash redemptions will be credited to your MSU Federal Credit Union 
account within one business day of a redemption request.

3. The  entity  responsible  for  the  Visa  Credit  Card  loan  may  elect  to  restrict  the  method  for  redeeming  cash  back 

rewards.

Federally insured by NCUA

 601     03/19