MIDFLORIDA Credit Union

Loan Department

P.O. Box 8008

Lakeland, FL 33802

VISA PLATINUM CREDIT CARD

The following disclosure represents important details concerning your credit card. The information about costs of the card are accurate as of January 3, 2012.
You can contact us toll free at (866) 913-3733 or P.O. Box 8008, Lakeland, FL 33802 to inquire if any changes occurred since the effective date.

IMPORTANT CREDIT CARD DISCLOSURES

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate (APR) for
Purchases

9.99% - 18.00% depending on your credit rating and other factors.
This APR will vary with the market based on the Prime Rate.

APR for Balance Transfers

APR for Cash Advances

Penalty APR and When it Applies

Paying Interest

0% introductory APR for 12 months. After that, your Standard APR will be 9.99% - 18.00% depending on your
credit rating and other factors. This APR will vary with the market based on the Prime Rate.

9.99% - 18.00% depending on your credit rating and other factors. This APR will vary with the market based on
the Prime Rate.

17.99% This APR may be applied to your account if you make a payment that is late 60 days or more. However, if
your standard rate is 18%, the Penalty APR will not apply.
How Long Will the Penalty APR Apply? You must make 6 payments in a row on time to cancel the penalty rate and
have your APR lowered to the rate in effect at the time the 6th on time payment is made.
Your due date is at least 21 days after we mail your billing statement. We will not charge you interest on purchases
if you pay your entire new purchase balance by the due date each month. We will begin charging interest on cash
advances and balance transfers on the transaction date.

Minimum Interest Charge

None

For Credit Card Tips from the Consumer
Financial Protection Bureau

To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer
Financial Protection Bureau at http://www.consumerfinance.gov/learnmore

FEES:

Fees to Open or Maintain your Account:
Transaction Fees

None

- Balance Transfer:
- Cash Advance:
- Foreign Transaction:

Penalty Fees

- Late Payment:
- Over-the-Credit Limit:
- Returned Payment:

$10.00 or 1% of the amount of each transfer, whichever is greater.
$20.00 or 2% of the amount of each cash advance, whichever is greater.
1% of each transaction in U.S. dollars if the transaction involves a currency conversion
0.8% of each transaction in U.S. dollars if the transaction does not involve a currency conversion

Up to $25.00 if your payment is late.
None
Up to $25.00 if your payment is returned for any reason

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).”
Loss of Introductory Rate: The introductory rate will be cancelled and the Penalty APR disclosed above will apply if you become 60 days or more past due.
Prime Rate: We use the highest prime rate listed in The Wall Street Journal on the last business day of each month.
Overdraft Protection: If you have overdraft protection linked to your credit card account, overdrafts will be charged to your card at the cash advance APR of 9.99% - 18.00% depending on your credit rating and other fac-
tors. This APR will vary with the market based on the Prime Rate. In addition, a $10.00 fee will also be added and will accrue interest at the same rates.
Snapshot Photo Card Fee: First card free for each user. $5.99 per individual card thereafter.

MIDFLORIDA Credit Union

P.O. Box 8008

Lakeland, FL 33802

NOTICE: See reverse side for important information regarding your rights to dispute billing errors.

VISA PLATINUM CREDIT CARD AGREEMENT

In this Agreement, <You= and <your= mean any person who accepts this

gives us the daily balance. Then, we add up all the daily balances for the billing

Agreement or uses the Card. The <Card= means any credit card issued to you or

cycle and divide that by the number of days in the billing cycle. We then multiply

those designated by you under the terms of this Agreement. <We=, <us=, <our= and

that by the periodic rate corresponding to the Annual Percentage Rate on your

the <Credit Union= means MIDFLORIDA Credit Union or its successors.

account. If you have different rates for purchases, cash advances or balance

SECURITY: YOU SPECIFICALLY GRANT US A CONSENSUAL SECURI-

TY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE

WITH US NOW AND IN THE FUTURE TO SECURE REPAYMENT OF

CREDIT EXTENDED UNDER THIS AGREEMENT. YOU ALSO AGREE

THAT WE HAVE SIMILAR STATUTORY LIEN RIGHTS UNDER STATE

AND/OR FEDERAL LAW. THE GRANTING OF THIS SECURITY INTER-

EST IS A CONDITION FOR THE ISSUANCE OF CREDIT UNDER THIS

AGREEMENT.

IF YOU ARE IN DEFAULT, WE CAN APPLY YOUR

SHARES TO THE AMOUNT YOU OWE. Shares and deposits in an

Individual Retirement Account or any other account that would lose special

transfers, separate average daily balances for each will be calculated and the

appropriate periodic rate is then applied to each.

GracePeriodonPurchasesOnly. You can avoid Interest Charges on purchas-

es by paying the full amount of the new balance for purchases each month by

the date on which the payment is due. Otherwise, the new balance of your

account, and subsequent advances from the date they are posted to the

account, will be subject

to an Interest Charge. You cannot avoid Interest

Charges on cash advances or balance transfers; even if you pay the entire cash

advance balance or balance transfer balance by the payment due date, you will

incur the Interest Charges accrued from the date the cash advance or balance

transfer is posted to your account.

tax treatment under state or federal law if given are not subject to this secu-

Fees. In addition to the Interest Charges set forth above, you agree to also pay

rity interest.

any and all fees that you incur as disclosed to you on your Truth-in-Lending

If you have other loans with us, collateral securing such loans may also

Statement or similar disclosures (as may be amended from time to time), or as

secure your obligations under this Agreement, unless that other collateral is

disclosed to you during the term of your Card.

your principal residence or non-purchase money household goods.

If Your Card is Lost or Stolen or if an Unauthorized Use Occurs. You agree

to notify us immediately if your Card is ever lost or stolen or if an unauthorized

Using Your Card. You can purchase or lease goods and services from any mer-

use may have occurred. <Unauthorized use= means the use of the Card by

chant who honors your Card, and you may obtain cash advances from financial

someone other than you who does not have actual, implied or apparent author-

institutions and ATM machines that accept the Card, up to your maximum cred-

ity for such use, and from which you receive no benefit. The telephone number

it limit. You agree not to present your Card or obtain a cash advance for any

to call is (877) 602-9023. You agree to follow up your call with notice in writing

extension of credit in excess of your available credit limit; however, if you do

to us at: P.O. Box 8008, Lakeland, FL 33802. You also agree to assist us in

exceed your credit limit, you agree to make immediate payment sufficient to

determining the facts, circumstances and other pertinent information relating to

bring the balance below the credit limit. Certain purchases and cash advances

any loss, theft or possible unauthorized use of your Card and comply with such

require authorization prior to completion of the transaction. In some cases, you

procedures as we may require in connection with our investigation. You will be

may be asked to provide identification. If our system is not working, we may not

liable for any unauthorized use only if we can prove that you were grossly neg-

be able to authorize a transaction, even though you have sufficient credit avail-

ligent in your use or handling of your Card, or if we can prove that you used your

able. Also, for security reasons, we may block the use of your Card in certain

Card fraudulently.

countries or geographic areas. We will have no liability to you or others if any of

these events occur.

Minimum Payment Due; Crediting of Payments. Payments are due in the

amount and on the date disclosed on your billing statement. If your payment is

Personal Identification Number (PIN). We may issue a Personal Identification

received by us on a business day at the address and by the time designated on

Number (PIN) for use with your Card. This PIN is confidential and should not be

the billing statement, it will be credited to your account on the date of receipt. If

disclosed to anyone. You may use your PIN and your Card to access your

payment is made at any location other than the address designated on the peri-

account, and all sums advanced will be added to your account balance. In the

odic statement, credit for such payment may be delayed up to five (5) days.

event a use of your PIN constitutes an Electronic Funds Transfer, the terms and

Payments will be applied in any order we determine, subject to applicable law.

conditions of your Electronic Funds Transfer Agreement may affect your rights.

Default; Acceleration; Credit Suspension; Collection Costs. You will be in

Promise To Pay. You promise to pay us in U.S. dollars for (a) all purchases,

default if: (1) you fail to make any payment on time; (2) if you fail to keep any

cash advances, and balance transfers made by you or anyone whom you

promises you have made under this Agreement or under other Agreements you

authorize to use the Card; (b) all Interest Charges and all other charges or fees;

have with us; (3) if you die; (4) if you file a petition in bankruptcy or have a bank-

(c) collection costs and attorney¾s fees as permitted by applicable law, and any

ruptcy petition filed against you, or if you become involved in any insolvency,

costs incurred in the recovery of the Card; and (d) credit in excess of your cred-

receivership or custodial proceeding; (5) if anyone attempts to take any of your

it limit that we may extend to you.

funds held by us via legal process or if you have a judgment or tax lien filed

Illegal Transactions. You agree that your Card and account will not be used to

any credit application or credit update; or (7) if we, in good faith, believe that your

make or facilitate any illegal transactions as determined by applicable law; and

ability to repay what you owe is or soon will be impaired, or that you are unwill-

against you; (6) if you make any false, inaccurate, or misleading statements in

that any such use will constitute an event of default under this Agreement. We

ing to make your payments.

may decline any transaction that we believe to be illegal under applicable law,

including but not limited to any transaction involving or relating to any gambling

activity. You agree that we will have no liability or responsibility for any such use

by you or any authorized user(s); or for declining any such transaction. You fur-

ther agree to indemnify and hold us harmless from any suits, liability, damages

or adverse action of any kind that results directly or indirectly from such illegal

use. You promise to pay us any and all amounts owing on your Card for any

transactions made by you, even if the transaction is determined to be illegal.

If you are in default, we have the right to demand immediate payment of your full

account balance without giving you notice. If immediate payment is demanded,

you agree to continue paying interest charges and fees until what you owe has

been paid, and any shares that were given as security for your account may be

applied towards what you owe. You agree to pay all reasonable costs of collec-

tion, including court costs and attorney¾s fees, and any costs incurred in the

recovery of the Card, subject to applicable law. Even if your unpaid balance is

less than your credit limit, you will have no credit available during any time that

Joint Accounts. Each of you will be responsible, jointly and severally, for the

any aspect of your account is in default.

repayment of amounts owed, regardless of who initiated any transaction under

the account.

Additional Benefits/Card Enhancements. We may from time to time offer

additional services to your Account at no additional cost to you. You understand

You request an additional card for an authorized user in the name of:

that we are not obligated to offer such services and may withdraw or change

them at any time.

Others Using Your Account. If you allow anyone else to use your account, you

will be liable for all credit extended to such persons. You promise to pay for all

purchases and advances made by anyone you authorize to use your account,

whether or not you notify us that he or she will be using it. If someone else is

authorized to use your account and you want to end that person¾s privilege, you

Convenience Checks. We may, at our discretion, issue checks to you which

may be used for any purpose other than making a payment for credit to your

account. By signing such check, you authorize us to pay the item for the amount

indicated and post such amount as a cash advance to your account. We do not

have to pay any item which would cause the outstanding balance in your

must notify us in writing, and if he or she has a Card, you must return that Card

account to exceed your credit limit.

with your written notice for it to be effective.

Ownership of Card. Your Card remains our property and may be cancelled by

us at any time without notice. You agree to surrender your Card and to discon-

tinue use of the account immediately upon our request.

Credit Information. We may from time to time request personal information from

you or obtain credit reports from the credit reporting agencies for the purpose of

updating your credit status. Your failure to provide such information when

requested by us may result

in suspension of credit privileges under this

Agreement, including your ability to obtain any future advances by any means.

Interest Charges. (AverageDailyBalanceincludingnewtransactions): Interest

You authorize us to investigate your credit standing when opening or reviewing

Charges will accrue on your average daily balance outstanding during the

your account. You authorize us to disclose information regarding your account to

month. To get the average daily balance, we take the beginning balance each

credit bureau and creditors who inquire about your credit standing.

day, add any new purchases, cash advances, balance transfers or other

advances, and debit adjustments and subtract any unpaid late charges. This

Foreign Transactions; Currency Conversion. Purchases and cash advances

CONTINUED ON REVERSE SIDE

Detach and keep this agreement for future use.

made in foreign currencies will be billed to you in U.S. dollars. The conversion

plan merchant in your state or within 100 miles of your home; and only if you

rate in dollars will be a rate selected by the card company from a range of rates

have made a good faith attempt, but have been unable to obtain satisfaction

available in wholesale currency markets for the applicable central processing

from the plan merchant. You must resolve all other disputes directly with the

date, which rate may vary from the rate the card company itself receives, or the

plan merchant. We do not warrant any merchandise or services purchased by

government-mandated rate in effect for the applicable central processing date

you with the Card.

in each instance. All transactions processed outside of the United States (which

may include internet transactions) will be charged a foreign transaction fee in

the amount disclosed on your Truth-in-Lending Statement (as amended from

time to time).

Statements and Notices. Statements and notices will be mailed to you at the

most recent postal address or e-mail address (if you have elected to receive

such documents via electronic means) you have given us. Notice sent to any

one of you will be considered notice to all.

Termination; Change-in-Terms. We may, by written notice, terminate this

Agreement at any time, subject to applicable law. You may terminate this

Agreement by written notice. Termination by either party shall not affect your

obligation to repay any payments made for your account resulting from use of

Notification of Address Change. You will notify us promptly if you change your

address for any reason. In order to prevent identity theft, your identity may need

to be verified before we act upon the notification.

the Card as well as Interest Charges and fees incurred. We may change the

Copy Received. You acknowledge that you have received a copy of this

terms of this Agreement, including the method of calculating the periodic rate,

Agreement.

at any time, by written notice, subject to applicable law. Use of the Card consti-

tutes agreement and acceptance of any change in terms, unless applicable law

Governing Law. This Agreement shall be construed under federal law and state

requires otherwise. Our failure to exercise any of our rights or to take any action

law in the state in which we are primarily located, and the venue shall be locat-

shall not constitute a waiver of those rights, or an amendment or change in any

ed in the county and state in which we are primarily located. Operating regula-

of the terms of this Agreement.

tions of Visa may also apply. This Agreement is the contract that applies to all

transactions even though the sales, cash advance, convenience check, credit

Late or Partial Payments. Any payment that delays the reduction of your bal-

or other slips you sign or receive may contain different terms.

ance will increase your total interest costs. Partial payments or prepayments will

not delay your next scheduled payment

you will still need to make the mini-

mum scheduled payment by the next scheduled due date to keep your account

current. We may accept late payments, partial payments, checks or money

orders marked “payment in full” and such action shall not constitute final settle-

ment of your account or a waiver or forgiveness of any amounts owing under

this Agreement.

Enforcement. We do not lose our rights under this or any related agreement if

we delay enforcing them. If any provision of this or any related agreement is

determined to be unenforceable or invalid, all other provisions remain in full

force and effect.

Returns and Adjustments. Merchants and others who honor the Card may

give credit for returns or adjustments, and they will do so by submitting a cred-

it slip which will be posted to your account. If your credits and payments exceed

what you owe us, the amount will be applied against future purchases and cash

advances. If the credit balance amount is $1 or more, it will be refunded upon

your written or verbal request.

Plan Merchant Disputes. We are not responsible for the refusal of any plan

merchant or financial institution to honor your Card. Also, we are not responsi-

ble for goods or services that you purchase with the Card unless: (a) your pur-

chase was made in response to an advertisement we sent or participated in

sending you; or (b) your purchase cost more than $50 and was made from a

YOUR BILLING RIGHTS: KEEP THIS DOCUMENT FOR FUTURE USE

This notice tells you about your rights and our responsibilities

After we finish our investigation, one of two things will happen:

under the Fair Credit Billing Act.

•

If we made a mistake: You will not have to pay the amount in ques-

What To Do If You Find A Mistake On Your Statement

tion or any interest or other fees related to that amount.

If you think there is an error on your statement, write to us at the

address(es) listed on your statement.

In your letter, give us the following information:

•

If we do not believe there was a mistake: You will have to pay the

amount in question, along with applicable interest and fees. We will

send you a statement of the amount you owe and the date payment

is due. We may then report you as delinquent if you do not pay the

1. Your name and account number.

amount we think you owe.

2. The dollar amount of the suspected error.

If you receive our explanation but still believe your bill is wrong, you must

3. If you think there is an error on your bill, describe what you believe is

write to us within 10 days telling us that you still refuse to pay. If you do

wrong and why you believe it is a mistake.

so, we cannot report you as delinquent without also reporting that you

You must contact us:

• Within 60 days after the error appeared on your statement.

• At least 3 business days before an automated payment is scheduled,

if you want to stop payment on the amount you think is wrong.

You must notify us of any potential errors in writing. You may call us, but

are questioning your bill. We must tell you the name of anyone to whom

we reported you as delinquent, and we must let those organizations

know when the matter has been settled between us.

If we do not follow all of the rules above, you do not have to pay the first

$50 of the amount you question even if your bill is correct.

if you do, we are not required to investigate any potential errors and you

Your Rights If You Are Dissatisfied With Your Credit Card Purchases

may have to pay the amount in question.

What Will Happen After We Receive Your Letter

If you are dissatisfied with the goods or services that you have purchased

with your credit card, and you have tried in good faith to correct the prob-

lem with the merchant, you may have the right not to pay the remaining

When we receive your letter, we must do two things:

amount due on the purchase. To use this right, all of the following must

1. Within 30 days of receiving your letter, we must tell you that we

be true:

received your letter. We will also tell you if we have already correct-

1. The purchase must have been made in your home state or within 100

ed the error.

miles of your current mailing address, and the purchase price must

2. Within 90 days of receiving your letter, we must either correct the

have been more than $50. (Note: Neither of these are necessary if

error or explain to you why we believe the bill is correct.

your purchase was based on an advertisement we mailed to you, or

While we investigate whether or not there has been an error:

if we own the company that sold you the goods or services.)

2. You must have used your credit card for the purchase. Purchases

• We cannot try to collect the amount in question, or report you as

made with cash advances from an ATM or with a check that access-

delinquent on that amount.

es your credit card account do not qualify.

• The charge in question may remain on your statement, and we may

3. You must not yet have fully paid for the purchase.

continue to charge you interest on that amount.

If all of the criteria above are met and you are still dissatisfied with the pur-

• While you do not have to pay the amount in question, you are respon-

chase, contact us in writing at the address(es) listed on your statement.

sible for the remainder of your balance.

While we investigate, the same rules apply to the disputed amount as

• We can apply any unpaid amount against your credit limit.

discussed above. After we finish our investigation, we will tell you our

decision. At that point, if we think you owe an amount and you do not pay,

we may report you as delinquent.