Annual 
Percentage 
Rate (APR) 
for Purchases
APR for non-
Landmark
Balance
Transfers
APR for 
Cash 
Advances

Penalty APR
and When it 
Applies

Paying 
Interest

Minimum 
Charge
For Credit
Card Tips 
from the 
Federal 
Reserve Board

Your APR will be

15.99% 
Your APR will be

15.99% 
Your APR will be 

19.99% 
Maximum cash advance is 50% of credit 
limit. 
21.99%

This APR may be applied to your account 
if a minimum payment or portion thereof 
is past due by more than 60 days.

How long will the Penalty APR apply? 
If your APRs are increased for the rea-
son set forth here, the Penalty APR will 
apply until you make three consecutive 
minimum payments on time.

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

If you are charged interest, the charge 
will be no less than $0.50. 

To learn more about factors to consider 
when applying for or using a credit 
card, visit the website of the Federal 
Reserve Board at

 www.federalreserve.gov/creditcard

Annual Fees/Set-up 
and Maintenance 
Fees
Transaction Fees

   •   Balance
       Transfer

   •  Cash
      Advance

   •   Foreign 
       Transaction 

Penalty Fees

None

Greater of $5.00 or 3% of the 
balance transfer amount up to a 
maximum of $75.00

Greater of $5.00 or 3% of the 
cash advance amount

1% of the amount of the
transaction

   •   Late Payment

$20

   •   Over the
       Credit Limit

   •   Returned
       Payment

Other Fees
   •   Required 
       insurance

None

$25.00

N/A

1. Responsibility: If you apply for and receive a Card from us, 
you agree to these Regulations. You also agree to repay all debts 
and any Finance Charges or any other fees or charges arising 
from use of the Cards and the Card account. For example, you are 
responsible for any charges made by yourself and anyone else to 
whom you give the Card. This responsibility continues until you 
recover and return the Card to us. Except to the extent permitted 
by law, you cannot disclaim your responsibility for such charges 
by notifying us, and your responsibility continues even though an 
agreement, divorce decree or other court judgment to which we 
are not a party, may direct you or one of the other persons held 
responsible under the Account to pay the Account. Any person 
using the Card shall be jointly responsible with you for the charges 
made, and if that person signs the card, and receives a copy of 

these Regulations, he or she is also responsible for all charges on 
the Account, including yours.

2. Credit Line: We will establish a maximum credit limit for your 
Account (“Credit Line”) and advise you of its amount. You agree 
not to let the Account balance exceed the Credit Line, but you 
remain responsible for payment if it does. Any Account balance in 
excess of the Credit Line is payable immediately. We reserve the 
right to reduce your Credit Line, from time to time, or to revoke 
your Card, without affecting your obligation to pay all Account bal-
ances. The Cards remain our property, and if we request, you must 
recover and surrender to us all Cards we issued on your Account.

3. Use of the Card: To make a purchase or cash advance, present 
the Card to an authorized plan member or financial institution and 
sign the sales or cash advance draft that will be imprinted with your 
Card. You may also obtain a cash advance with the Card at cer-
tain automated terminals. Regular transactions are counted against 
your Credit Line. You will receive a copy of the draft (or machine 
receipt at a terminal at which there is no attendant), which you 
should retain to verify your monthly statement. We reserve the right 
to make a reasonable charge for photostatic or duplicate copies of 
drafts or machine receipts you may request. Your Card may not be 
used for any transaction that is illegal under Federal, State or local 
law. Also, your Card may not be used for any Gambling including 
Internet Gambling.

4. Convenience Checks: We may, from time to time, supply you 
with personalized Convenience Checks that are subject to the fol-
lowing conditions. Only the person whose name is printed on a 
Convenience Check may sign it. All Convenience Checks must be 
written in U.S. dollars. We will not certify a Convenience Check. 
We are entitled to return a Convenience Check unpaid if there is 
not enough available credit on your Account to pay for it, if you 
are in default under these Regulations, if your Card or Convenience 
Check has been reported lost or stolen, if your Convenience Check 
is postdated, if your right to use Convenience Checks has been can-
celled or suspended or if your Account has been closed. In addition, 
we may refuse to honor a Convenience Check whenever we would 
be entitled to dishonor an ordinary check. If we refuse, under the 
terms of these Regulations, to honor a Convenience Check issued 
by you, we may charge your Account a NSF fee. Check our web-
site, LandmarkCU.com, or a fee schedule in any branch for cur-
rent fee. A Convenience Check cannot be used to make a payment 
on any Landmark Credit Union VISA® Account.

Any Convenience Check that we pay will be posted to your Account 
as a cash advance and will be subject to all the terms in these 
Regulations that apply to cash advances. We shall have no liability 
for any Convenience Check that we return because it was written 
for an amount in excess of your available Credit Line. Convenience 
Checks that you use and we pay will not be returned to you but will 
be identified on your monthly billing statement. The Wisconsin 
Uniform Commercial Code, as well as applicable Landmark Credit 
Union policies and fees, will apply to Convenience Checks as if they 
were checks drawn on a checking Account.

5. Good Student Points Program: Earn 1 Point for every dollar 
in purchases which can be redeemed for merchandise, travel or a 
reduction to principle on qualifying Landmark loans. Earn addi-
tional points by getting good grades in college. To be eligible for 
additional points you must be a full time student at an accredited 
college or university in the United States. You must submit proof of 
your grades within 4 months from the end of the semester in which 
the grades were earned. You must state that you are requesting the 
additional Good Student Points. Your account must be open and 
cannot be delinquent at the time of your request. These additional 
points may take up to two cycles to post to your account and are 
not redeemable until they have posted. The additional points will be 
awarded as follows:

GPA 

Additional reward points

4.00 
3.33 - 
2.67 - 
2.33 - 

3.99 
3.32 
2.66 

1,500
1,000
750
500

If your school does not award grades based on the 4.0 scale, we 
will, at our sole discretion, award points comparable to those 
described in the above table.  

6. Finance Charge: Your Account will be subject to a Finance 
Charge during any billing period during which you (a) received, or 
had outstanding, a cash advance; or (b) failed to pay in full the pre-
vious balance shown on the statement during the first 27 days of the 
statement (the “Grace Period”). 

Your Landmark Student Visa®  Rewards+ Finance Charge is cal-
culated by applying the Monthly Periodic Rate, determined as set 
forth in Section 7 of these Regulations, to the “average daily bal-
ance” of your Account. To get the “average daily balance,” we take 

the beginning balance of the Account each day, reduced by any pay-
ment you make, credits we apply, and any late payment fee due, and 
increased by any cash advances and, if the previous balance was not 
paid in full during the Grace Period, all new credit purchases posted 
through that date. This gives us the daily balance. Then we add all 
the daily balances for the billing period together and divide the total 
by the number of days in the billing period. This gives us the “aver-
age daily balance.” All accounts are subject to a Minimum Finance 
Charge of $.50.

You can avoid incurring a Finance Charge on purchases by pay-
ing the New Balance in full within the Grace Period. However, a 
Finance Charge will be imposed on cash advances from the date 
made (on Convenience Checks from the date cleared), and will con-
tinue to accrue on any cash advances or Convenience Checks until 
your payment is received. If a minimum payment or any portion 
thereof is past due by more than 60 days, your Monthly Periodic 
Rate will increase to 1.5% (Annual Percentage Rate of 23.99%). 
This Penalty Rate will be effective following any notice and wait-
ing period required by law. Your Monthly Periodic Rate of 1.5% 
(Annual Percentage Rate of 23.99%) will remain on your Account 
until your Account has been paid on time and with no other event of 
default for three (3) consecutive billing periods after application of 
the penalty rate.

7. Monthly Payment: Unless there has been no activity on your 
Account since your last statement and your Account shows a zero 
balance, we will mail you a statement for every billing period, 
showing your previous balance, the current transactions on your 
Account, the remaining credit available under your Credit Line, the 
applicable Monthly Periodic Rate, the fees and Finance Charge, 
the new balance, and the minimum payment due. Every billing 
period you must pay at least the min¬imum payment by its due 
date. You may pay more than the minimum or pay the new balance 
in full, which may reduce or avoid the Finance Charge. The mini-
mum payment will be 2.5% of your new balance, or $10.00, which-
ever is greater, or your full new balance if it is less than $10.00. 
We will apply your payment first to the Finance Charge then to 
your unpaid balance in the order transactions were posted to your 
Account. If a different Annual Percentage Rate applies to different 
balances, any payment above the minimum payment will be applied 
to the balance bearing the highest Annual Percentage Rate. A 
minimum payment is required for every billing period and any addi-
tional amount paid will reduce your balance but will not prepay any 
future minimum payment.

8. Default: You will be in default if (i) your violation of any 
requirement of these Regulations materially impairs the condi-
tion, value or protection of our right to any collateral securing 
your obligations under these Regulations or your ability to pay the 
obligations due under these Regulations; or (ii) you fail to make 
the minimum payment on or before the due date two times during 
any 12-month period. You will also be in default if your ability 
to repay us or the value or protection of our right in any collateral 
securing your obligations is materially impaired in the event you 
or your spouse die, change marital status, change marital domicile, 
or become the subject of bankruptcy or insolvency proceedings. If 
you are in default, we have the right to demand immediate payment 
of your full Account balance and commence legal action to recover 
collateral or reduce the claim to a judgment, if you do not cure your 
default within 15 days after we mail you a written default notice.

9. Security Interest: : Each purchase and cash advance through 
your Account constitutes a transaction pursuant to an open-end 
credit plan in the State of Wisconsin. You agree that the Wisconsin 
Consumer Act applies to all these transactions even though you may 
use them for business purposes or you are a person not otherwise 
governed by the Act. To secure each transaction, you grant us a 
purchase-money security interest under the Uniform Commercial 
Code in any goods you purchase with it. If you default, we will 
have the right to recover any of these goods, which have not been 
paid for in full. 

For purposes of determining the amount of the unpaid balance 
secured by our security interest, your payments will be deemed 
to have been applied first to payment of finance charges in order 
of their entry to the account and then to payment of the respec-
tive amounts financed in the order in which the entries were made 
and, for transactions made on the same day, the smallest shall be 
deemed the first paid. You are hereby granting us a security interest 
in all your funds in your present and future Landmark Credit Union 
deposit accounts, except IRAs and any other accounts exempted 
by state and federal law, to the full amount of your credit card 
indebtedness with us. Should you default under the terms of these 
Regulations, we may, at our sole option, subject to any notice and 
right to cure required by Wis. Stat. Sec. 425.105, at any time there-
after, exercise our right of set-off and apply any portion of, or the 
entire amount of, such funds toward payment of the outstanding 
indebtedness, and/or, we may exercise our right to refuse to allow 
withdrawal from such accounts to the full extent of the delinquent 
amount, all of which is subject to the restrictions contained in 

 
 
 
 
 
 
 
 
Section. 226.13 (d) (1) of federal Reg. Z. If you give or have given 
us any other security interests for all your debts, your Account will 
also be secured by the property described in those security agree-
ments (except your home and/or dwelling, home furnishings, appli-
ances and clothing), including, if your balance exceeds $1,000 and 
except as otherwise expressly excluded herein, any real property.

10. Credits: If plan members who honor your Card give you credit 
for returns or adjustments, they will do so by sending us a credit 
slip that we will post to your Account. We will apply those credits 
first to offset your current purchases, and then to your previous bal-
ance. If your credits and payments exceed what you owe us, we will 
hold and apply this credit balance against future purchases and cash 
advances, or refund it on your written request if it is $1.00 or more. 
We will make a good faith attempt to return to you any credit bal-
ance that remains in your Account for more than six months.

11. Plan member Disputes: We are not responsible for refusal 
of any plan member or financial institution to honor your Card or 
Convenience Check. You must resolve directly with the plan mem-
ber any disputes regarding goods or services you purchase with the 
Card, unless: (a) your purchase was made in response to an adver-
tisement we sent or participated in sending you, or (b) your purchase 
cost more than $50.00 and was made from a plan member in your 
state or within 100 miles of your home.

12. Foreign Transaction Fee: A transaction that takes place in 
a foreign country will be charged 1% of the US dollar amount 
whether the transaction was made in US dollars or was converted 
from a foreign currency. For transactions being converted from a 
foreign currency, Visa International will convert foreign currency to 
US dollars using either the government-mandated exchange rate or 
the wholesale exchange rate in effect one day before the date of the 
conversion, as applicable.  The exchange rate is increased by one 
percent (1%) if the conversion is made in connection with a charge 
to an account and decreased by one percent (1%) if the conversion is 
made in connection with a credit to an account. The date of conver-
sion by Visa may differ from the purchase date and the posting date 
identified in the monthly statement for your Account. You agree to 
pay charges and accept credit for the converted transaction amounts 
in accordance with the terms of this paragraph.

13. Unauthorized Use: You authorize us to pay from your Account 
all items reflecting credit purchases or cash advances made with the 

Card in spite of the absence of your signature on the draft or the 
lack of presentation of the Card. You may be liable for unauthorized 
use of your VISA® Platinum Card. However, YOU WILL NOT BE 
LIABLE FOR UNAUTHORIZED USE THAT OCCURS AFTER 
YOU NOTIFY US OF THE LOSS, THEFT, OR POSSIBLE 
UNAUTHORIZED USE OF YOUR CARD (Customer Service, 
P.O. Box 1111, Madison, WI 53701-1111; VISA® Platinum Card 
Telephone for Customer Service and to list as Lost or Stolen please 
call 1-866-952-8199.) In addition, you will not be liable for unau-
thorized purchases with your VISA® Platinum Card if you have 
not been grossly negligent or fraudulent in handling or using your 
account or your Card. If you do not meet these conditions, or if 
the unauthorized use was at an ATM, your liability will not exceed 
$50.00.

14. Effect of Regulations: These Regulations are the contract that 
applies to all transactions on your Account even though the sales, 
cash advances, or credit slips you sign may contain different terms. 
We may amend these Regulations from time to time. If required by 
Section 422.415, Wis. Stats., we will provide written notice of an 
amendment 90 days prior to the date the amendment is effective. 
Your use of the Card or Convenience Check thereafter will indicate 
your agreement to the amendments. To the extent the law permits, 
and we indicate in our notice, amendments will apply to your exist-
ing Account balance as well as to future transactions. No delay 
or omission in exercising any rights granted to us hereunder shall 
impair such rights or be construed to be a waiver thereof. No waiver 
whatsoever shall be valid unless signed in writing by us and then 
only to the extent set forth therein.

15. Fees and Charges:  (a) As permitted by Wisconsin Statues, 
a $20.00 late payment fee will be assessed against your Account 
if we do not receive your minimum payment on or before the due 
date set forth on your periodic statement. (b) You will be charged 
a lost Card replacement fee of $10.00 for any lost Card which we 
must replace. To limit your personal liability, contact us immedi-
ately upon discovery of loss. (c) You will be provided one periodic 
statement per billing period and will be charged for each duplicate 
billing statement, draft, or machine receipt you request. Check 
our website, LandmarkCU.com, or  a fee schedule in any branch 
for the current fee. These fees will not be charged if the request is 
related to a billing error under the Fair Credit Billing Act. (d) There 
will be a $25.00 charge for each check presented in payment that is 
returned unpaid. (e) There will be a cash advance fee not to exceed 

the greater of $5.00 or 3% of the amount of the cash advance, up to 
a maximum of $75.00 per cash advance.

Case of Errors or Questions About Your Statement.

16. Termination: If you are a resident of Wisconsin, our receipt of 
a written notice from your spouse terminating his or her liability for 
the Account will constitute an event of default if such termination 
materially impairs the condition, value or protection of our right to 
any collateral securing your obligations under these Regulations or 
your ability to pay the obligations due under these Regulations. You 
will remain responsible for all amounts charged to your Account 
both before and after receipt of such notice. Your privilege of using 
the Card and the Account shall expire on the date shown on the 
Card. You may terminate your Account rela¬tionship with us at any 
time by surrendering to us all your Cards and unused Convenience 
Checks, but you will remain liable to us for full payment of any 
balance on your Account. We may revoke your Card at any time 
without prior notification and without affecting your obligation to 
pay the Account balance.

17. Change of Address:  We will send all Account statements and 
any other notices concerning this Account to your address as shown 
on our records. If you change your address, you must notify us of 
your new address within a reasonable time.

If you think your bill is incorrect, or if you need more information 
about a transaction on your bill, write us at the address listed on 
your bill. Write us as soon as possible. We must receive written 
notice from you no later than 60 days after the transaction date of 
the charge(s) in question. You can telephone us, but doing so will 
not preserve your rights. In your letter, provide the following infor-
mation:

- 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 not understood.

If you have authorized us to pay your bill automatically from your 
other Accounts with us, you can stop the payment on any amount 
you think is wrong. To stop the payment, your letter must reach us 
three business days before the automatic payment is scheduled to 
occur.

18. Applicable State Laws: The validity, construction, and enforce-
ment of these Regulations and all matters arising out of the issuance 
and use of the Card shall be governed by the laws of Wisconsin.

YOUR RIGHTS AND OUR RESPONSIBILITIES 

AFTER WE RECEIVE YOUR WRITTEN NOTICE.

19. Joint Account:  You agree that all parties to your Account 
are authorized on your behalf to request credit limit increases, to 
agree to amendments or modifications to the Account, to enter 
into settlements or agreements with us regarding the Account, to 
request additional Cards, or to authorize others to transact business 
on the Account. You agree to be jointly and severally liable for all 
charges to the Account made or authorized by any other party to the 
Account, whether or not such charges caused the Account balance 
to exceed the Credit Limit.

YOUR BILLING RIGHTS

KEEP THIS NOTICE FOR FUTURE USE

This notice contains important information about your rights and 
our responsibilities under the Fair Credit Billing Act. Notify us in 

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 ques-
tion, 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 responsible for the remaining balance of your bill that is not in 
question.

If we find that we made a mistake on your bill, you will not have to 
pay any Finance Charges related to the questioned amount. If we 
did not make a mistake, you may have to pay Finance Charges, 
and you will have to make up any missed payments on the ques-
tioned amount. In either case, we will send you a statement of the 

amount you owe and the date that it is due. If you fail to pay the 
amount that we think you owe, we may report you as delinquent. 
However, if our explanation does not satisfy you and you write to 
us within ten days telling us that you still refuse to pay, we must tell 
anyone we report to that you have a question about your bill. And, 
we must tell you the name of anyone to whom we report you. We 
must tell anyone we report you to that the matter has been settled 
between you and us when it finally is. If we do not follow these 
rules, we cannot collect the first $50.00 of the questioned amount, 
even if your bill was correct.

SPECIAL RULE FOR CREDIT CARD PURCHASES

If you have a problem with the quality of property or services that 
you purchased with the 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: (a) You must have made 
the purchase in your home state, or if not, within 100 miles of your 
current mailing address; and (b) The purchase price 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 service.

/   Student Rewards+
    Credit Card 
    Disclosure

LANDMARK CREDIT UNION
5445 S.Westridge Drive, P.O. Box 510870
New Berlin, WI 53151-0870
(262) 796-4500, ext. 6609

If your card is lost or stolen, notify us 
immediately by calling: 1-866-952-8199

®

Credit Card Rules, Regulations, and Disclosures

Keep  This  Notice  for  Future  Use.  These  Regulations  are  effec-
tive as of October, 2010. In these Regulations, the words “you” and 
“your”  mean  each  and  all  of  those  who  applied  for  or  received,  or 
who signed and used, the Card.  The term “Card” means your VISA® 
Platinum Card issued by Landmark Credit Union and any duplicates 
or renewals we issue. “We,” “us” and “our” means Landmark Credit 
Union.  “Account”  means  your  Landmark  Credit  Union  Student 
VISA® Rewards+ Credit Card account.

How We Will Calculate Your Balance: We use a method called 
“average daily balance” (including new purchases. See Section 6 of 
the Account Regulations below for more details. 

2.5M

12/2010
I001615

Billing Rights: Information on your rights to dispute transac-
tions and how to exercise those rights is provided at the end of the 
Account Regulations below.