VISA® Credit Card Agreement  

Internet address 
www.mefcudirect.com 

Member Services 
800-821-7280 

MET 24-hour Voice Response 
800-788-8585 

BY USING YOUR VISA CARD YOU AGREE TO ALL THE TERMS IN THIS AGREEMENT. THIS 
AGREEMENT INCLUDES THE FEDERAL TRUTH-IN-LENDING DISCLOSURE STATEMENT AND 
SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR CARD GIVEN TO YOU 
SEPARATELY. PLEASE BE SURE TO READ THIS AGREEMENT CAREFULLY AND NOTIFY US 
AT ONCE IF THERE ARE ANY SECTIONS YOU DO NOT UNDERSTAND. 

1. DEFINITION OF TERMS.  
    In this Agreement: 

•  The words, “we,” “us,” ”our,” and “Credit Union” refer to the Marriott Employees’ Federal Credit Union 
or any of its assigns. 

•  The words “you,” ”your,” “yours,” “cardholder,” and “borrower” refer to each person jointly and 
individually who applies for or otherwise is responsible for the VISA Platinum, VISA Gold, VISA Classic, 
or VISA Classic Secured Credit Card. 

•  “VISA’’ or ”card” refers to the Marriott Employees’ Federal Credit Union VISA Platinum, VISA Gold, 
VISA Classic, or VISA Classic Secured Credit Card issued to you under this Agreement and any duplicates 
and renewals issued by the Credit Union, and includes any device or check used to obtain credit or cash from 
the account. 

• ‘’Account” refers to your VISA Platinum, VISA Gold, VISA Classic or VISA Classic Secured Credit Card 
account, unless otherwise stated.  

NOTE: If this is a joint account, read the singular pronouns in plural. 

2. USE OF CARD. You may use your account to purchase goods or services or get cash advances, up to the 
credit limit.  We may allow you to transfer balances from other credit cards.  We also may issue convenience 
checks to you from time to time.  When you sign a convenience check, you request a cash advance from your 
account.  We may refuse to pay a convenience check for any reason.  At your risk and upon your request, we 
will accept a stop payment request on a convenience check.   You must provide us with any information we 
may require.  A stop payment request becomes effective only after we have had a reasonable opportunity to 
act upon it.  Our receipt of your stop payment request comes too late if:  we have indicated in any manner 
that we will pay or honor the convenience check; the convenience check is already in our processing system; 
or we do not have a reasonable time to act upon it (and you and we agree that the receipt of your stop 
payment request on the same day as the convenience check is presented to us does not give us a reasonable 
time to act on the stop payment request).  Stop payment requests may be made orally or in writing.  An oral 
stop payment request is effective for 14 calendar days following our receipt unless confirmed by you in 
writing before the end of that time period.  A written stop payment request is effective for 6 months 
following our receipt and must be renewed in writing.  If you fail to renew a stop payment request before it 

 
 
 
 
 
 
 
 
 
 
 
 
expires, you will be deemed to have consented to payment of the convenience check.  You will immediately 
sign the back of your card upon receipt to ensure proper use. You promise to pay the Credit Union all 
amounts charged to your account by you or by any user who has access to your account, with actual, 
apparent, or implied authority for its use, including finance charges and other fees or charges described in 
this Agreement. By signing, using, or permitting others to use the card, you agree to the terms and conditions 
contained in this Agreement, on the card, on any charge slip resulting from authorized use of the card, and on 
any authorized Cash Advance slip. You also agree to make a good-faith effort to resolve any billing dispute. 
You may not use your card to initiate any type of electronic gambling transaction through the Internet. Also, 
you agree that you will not use your card for any transaction that is illegal under applicable federal, state, or 
local law. 

3. JOINT ACCOUNTS. Each cardholder is responsible, jointly and severally, for the repayment of any 
amounts owed. You understand that the Credit Union will mail any VISA card which is requested and 
approved only to the primary borrower at the address indicated on the account. We may refuse to follow any 
instructions which run counter to this provision. 

4. OWNERSHIP. Your card remains the property of the Credit Union, which reserves the right to cancel 
your card at any time without notice. You agree to discontinue using your card immediately and return it to 
us or our agent designated to repossess it upon our request or revocation. If we employ an agent for such 
repossession, your account will be charged with any related fee. 

5. PERSONAL IDENTIFICATION NUMBER. The Credit Union will issue a Personal Identification 
Number (PIN) for use with your VISA card. This PIN is confidential. Do not disclose it to anyone. You may 
use your PIN and your VISA card to access your account. All sums advanced will be added to your account 
balance. If any use of your PIN constitutes an Electronic Funds Transfer, the terms and conditions of your 
Electronic Funds Transfer Agreement will govern such transactions to the extent that your Electronic Funds 
Transfer Agreement expands or amends this Agreement. 

6. LINE OF CREDIT LIMIT. If your application for a VISA card is approved, you will be notified of your 
credit limit (the maximum amount of credit we agree to provide to you or on your behalf) for transactions 
made under your account. Unless you are in default, the credit limit established for you will be self-
replenishing as you make payment of your account. You agree to keep your unpaid balance within the credit 
limit set by us, and you promise to pay any amount over the credit limit upon our demand, whether or not we 
authorize the advance which caused you to exceed your credit limit. We are not obligated to accept charges 
which would cause you to exceed your credit limit. If your account is in default, you will have no credit 
available even if your unpaid balance is less than your credit limit. You agree that we can change your credit 
limit at any time. You may request a change to your credit limit by submitting an updated VISA application 
to us. 

7. PERIODIC STATEMENT. On a regular basis, you will receive a statement showing all transactions on 
your account, including amounts paid and borrowed since your last statement. You are responsible for 
making payments on your VISA account whether you receive a billing statement or not. See section 9.(E) of 
this Agreement. 

You will receive one statement for all cards issued with your account number. If more than one person is an 
authorized user, the statement will be sent to the first person listed on the account. We need not send you a 
statement if we feel your account is uncollectible or if we have started collection proceedings against you 
because you defaulted. Unless you establish a billing error according to the Federal Truth-ln-Lending Act, 
each statement is deemed to be correct. Your monthly statement will identify the merchant, electronic 
terminal or financial institution at which the transactions were made. Because sales, cash advances, credit or 
other slips cannot be returned with the statement, you should retain the copy of the slips furnished at the time 
of the transaction so that you can verify your monthly statement. 

 
 
 
 
 
 
 
8. FINANCE CHARGES. FINANCE CHARGES WILL BE IN AMOUNTS NOT IN EXCESS OF THOSE 
PERMITTED BY LAW. FINANCE CHARGES AND OTHER CHARGES THAT APPLY TO YOUR 
ACCOUNT ARE DISCLOSED IN THE FEDERAL TRUTH-IN-LENDING STATEMENT GIVEN TO YOU 
SEPARATELY.   

9. MINIMUM MONTHLY PAYMENT. 
(A.) Except for Visa Classic Secured, your Minimum Payment each month will be either (1) 2% of your new 
balance on your billing statement or $10 (whichever is greater); or (2) your new balance on your billing 
statement, if it is less than $10; plus (3) any portion of the minimum payment(s) shown on the prior 
statement(s) which remains unpaid, and finance and other applicable charges.  

(B.)  Visa Classic Secured Minimum Payment each month will be either (1) 3% of your new balance on your 
billing statement or $10 (whichever is greater); or (2) your new balance, if it is less than $10; plus (3) any 
portion of the minimum payment(s) shown on the prior statement(s) which remains unpaid, and finance and 
other applicable charges.  

(C.) Though you need only pay the Minimum Payment each month, you may make larger payments or pay 
your entire account balance at any time without penalty. You will only be charged periodic interest to the 
date you pay your entire account balance. Any partial payment or prepayment of your account will not delay 
your next scheduled payment. All payments must be in lawful money of the United States and drawn on a 
U.S. institution. 

Subject to the requirements of applicable law, (a) we may select the method by which payments and credits 
are  allocated  to  your  account  in  our  sole  discretion,  and  (b)  if  you  pay  more  than  the  Minimum  Monthly 
Payment required, we will apply the excess amount to the balance with the highest Annual Percentage Rate 
and  then  to  other  balances  in  descending  order  based  on  Annual  Percentage  Rates.  If  your  credits  and/or 
payments exceed what  you owe, we will hold and apply these against future purchases and cash advances. 
We will refund the credits or payments to you if you send us a written request and will refund any part of the 
credit balance remaining in your account after 6 months. 

(D.) VISA Classic Secured Minimum Payments may be made through payroll deductions or other periodic 
deposits.  Otherwise they must be mailed to the address shown on your statement to avoid delays in crediting 
your  account.    VISA  Platinum,  Gold  and  Classic  payments  must  be  mailed  to  the  address  shown  on  your 
statement to  avoid  delays in  crediting  your account.   DO NOT MAIL PAYMENTS DIRECTLY TO THE 
CREDIT  UNION.    DO  NOT  COMMINGLE  YOUR  CREDIT  CARD  PAYMENTS  WITH  FUNDS 
DESIGNATED  FOR  CREDIT  TO  OTHER  ACCOUNTS.    Payment  checks  must  be  drawn  on  a  financial 
institution  or  other  entity  domiciled  in  the  United  States.  Although  we  post  your  payments  in  the  manner 
described  above,  we  may  delay  restoring  your  available  credit  limit  in  the  amount  of  your  payment.    All 
credits  for  payments  to  your  account  are  subject  to  final  payment  by  the  institution  on  which  the  item  of 
payment was drawn.  

(E.) At our option, we may provide for a payment skip option, which means that you may be allowed to skip 
making the Minimum Payment, for specified billing cycles. If you accept this payment skip option, we will 
continue to apply the interest as disclosed in the Federal Truth-in Lending Statement, but no late payment 
charges will apply to the skipped payment. For the billing cycle following a skipped payment, all the terms 
and conditions of this Agreement (including the Minimum Payment and applicable late charges) will 
continue to apply. 

(F.) The Credit Union is not responsible for billing statements which are late, lost or damaged by the U.S. 
Postal Service. If you do not receive a billing statement, you may obtain information about your new 
balance, minimum payment and payment due date by calling 800-237-6211. 

 
 
 
 
 
 
 
10. PLEDGE OF SHARES. BY SIGNING THE PLEDGE OF SHARES SECTION OF THE 
APPLICATION, YOU PLEDGE AND GRANT TO US A SECURITY INTEREST IN YOUR CREDIT 
UNION SHARES, INCLUDING DIVIDENDS WE PAY TO YOU ON THIS ACCOUNT TO SECURE 
THE ACCOUNT. You acknowledge that you own any shares pledged. To apply for and maintain any VISA 
credit card, you must be a Credit Union member and have a Share Savings Account with us with a $5 
minimum balance, in addition to any other savings requirements that may apply. 

If you have a VISA Classic Secured Card, you further agree:  

•   to place $250 of cleared funds on deposit as collateral for the card in a Special Share Savings Account to 
qualify for a $500 VISA Classic Secured Credit Limit. Credit limits over $500 will require funds on deposit 
in a Special Share Savings Account equal to 110% of the entire limit requested. 
• to make weekly and/or other periodic deposits of $20 (minimum) through payroll deductions to that special 
Share Savings Account until that account reaches $550 or 110% of the credit limit, and maintain those funds 
with us as collateral for the account. 
•  that you have the option to make weekly and/or other periodic deposits to a designated Share Savings 
Account through payroll deduction in amounts equal to the  minimum monthly payment on your line of credit 
(which may be higher than your actual minimum monthly payment on purchases or cash advances). 
•  that you cannot withdraw any funds from these deposits except for amounts that exceed your credit limit 
plus one monthly payment. You cannot withdraw any funds from these deposits while your account balance 
exceeds your credit limit, if you are in default, or if we have blocked use of or requested the return of your 
card. 
•  The deposits and payments described in this Agreement must be made while your VISA account is open, 
while the VISA Classic Secured Card is in your possession (regardless of your account balance), and after 
your account is closed, until it is paid in full, this agreement is terminated and your card is returned to us. 

11. MERCHANT CREDITS. A merchant gives you credit for returns or adjustments by sending us a credit 
slip which is then posted to your account. You need to allow up to 30 days from the date we receive the 
credit slip for the credit to appear on your statement. If it has not been posted to your account by then, refer 
to the Billing Rights summary below. Include a COPY of the credit slip with any correspondence. 

12. DEFAULT. You will be in default if any one of the following apply: 

•   You do not make a payment within 30 days after its due date or perform any obligation under this 
Agreement, or any other Agreement you may have with us. 
•  You exceed your credit limit. 
•  You die or become involved in an insolvency, receivership or custodial proceeding brought by or against 
you. 
•   You have made a false or misleading statement in a credit application with us and/or in your 
representations to us while you owe us money. 
•   A judgement or tax lien is filed against you or any attachment or garnishment is issued against any of your 
property or rights, specifically including anyone starting an action or proceeding to seize any of your funds 
on deposit with us. 
• We, in good faith, believe your ability to repay your indebtedness hereunder is or soon will be impaired, 
time being of the very essence. 
•   Any default occurs and is not cured to our satisfaction under any other loan or other indebtedness you 
have with us. 
IF YOU ARE IN DEFAULT, WE MAY IMMEDIATELY, WITHOUT NOTICE OR DEMAND AND TO 
THE EXTENT PERMITTED BY LAW, (1) CANCEL YOUR RIGHTS UNDER THIS AGREEMENT, 
INCLUDING ALL USE OF THE CARD(S), (2) DECLARE THE ENTIRE UNPAID BALANCE OF 
YOUR ACCOUNT IMMEDIATELY DUE AND PAYABLE, AND (3) REQUIRE THE RETURN OF ALL 
CARDS. 

 
 
 
 
 
 
13. ENFORCEMENT. We do not lose our rights under this Agreement if we delay enforcing them or if we 
accept late payments, partial payments, or any other payments, even if they are marked “paid in full.” If any 
provision of this or any related Agreement is determined to be unenforceable or invalid, all other provisions 
continue to remain in full force and effect. 

14. ASSISTANCE IN PROSECUTION. You agree to assist us (for example, by furnishing affidavits and/or 
giving testimony) in the prosecution of any person(s) for unauthorized use of your card. 

15.  NOTICES:  Notice sent to any one of you will be considered notice to all.  Any notices we give you 
shall be in writing and deemed given when deposited in the U.S. mail, with postage prepaid and addressed to 
you at your last known address in our records for your account or when sent by e-mail (if you use our 
internet banking services) to your last known internet address.  Your notices to us must be in writing and sent 
to the address shown in your most recent billing statement or as otherwise specified in this Agreement.  If a 
specific notice period or type of notice is required by applicable law, the notice will be made and will be 
binding in accordance with such law. 

16. CHANGE IN TERMS. To the extent permitted by law: we may change the terms of this Agreement at 
any time by notifying you of the changes as prescribed by the Federal Truth-ln-Lending Act, the right to 
change the terms of this Agreement includes the right to change the periodic rate of interest applicable to 
your unpaid balance and/or future advances and changes may apply to all outstanding indebtedness on the 
effective date of the change. 

17. REFUSAL TO HONOR CARD(S). The Credit Union is not liable for the refusal or inability of 
merchants, financial institutions or others to accept the card, or for the refusal or inability of electronic 
terminals to honor the card or complete a card withdrawal or for their retention of the card. 

18.  LIABILITY  FOR  CARDHOLDER  NEGLIGENCE  OR  UNAUTHORIZED  USE  AND  REPORTING 
LOST OR STOLEN CARDS. BY accepting a VISA card, you agree to accept responsibility for safeguarding 
your  card  and  the  PIN  issued  to  you  or  any  other  authorized  user  in  order  to  prevent  unauthorized 
transactions. You agree that we may invalidate  your card and PIN if unauthorized transactions occur as an 
apparent  result of  your  negligence. You will not  be liable for unauthorized transactions  on a lost or stolen 
card  after  you  notify  “security.”  YOU  MUST  REPORT  A  LOST  OR  STOLEN  CARD  IMMEDIATELY. 
Notify “security” by calling 800-237-6211 IMMEDIATELY or by writing to Fidelity National Information 
System  on  behalf  of  Marriott  Employees’  FCU,  P.O.  Box  30495,  Tampa,  FL  33630.  You  agree  to  tell  us 
what you know about the loss or theft.  We reserve the right to impose liability on you if we determine that 
you were negligent in the handling of the account or card.  In any case, your liability will not exceed $50.  If 
you  give  us  notice  orally,  you  agree  to  confirm  it  in  writing.    You  agree  that  unauthorized  use  does  not 
include use by a person to whom you have given authority to use the account or card and that you will be 
liable for all use by such a person.  To terminate that authority, you must notify us.   

19. EFFECT OF AGREEMENT. This agreement is the ONLY contract which applies to all transactions 
involving the card and overrides any sales, cash advance, credit, or other slips you may sign or receive when 
using the card. 

20. INTEGRATED DOCUMENT(S). Any separate sheet of paper labeled “Additional Disclosure Federal 
Truth-In-Lending Act“ that is delivered to you and relates to this Agreement is an integrated part of this 
Agreement and Disclosure. 

21. PAYABLE ON DEMAND. The entire principal balance of your account plus interest will become 
immediately due and payable, at our option, under any of the following conditions: 

•  You leave your employment with Marriott International, Inc. or any affiliate or subsidiary. 

 
 
 
 
 
 
 
 
 
•  You fail to return a signed Agreement. 
•  You are in default as defined in this Agreement. 

If you are employed by Marriott International, Inc. or any affiliate or subsidiary and you leave that 
employment, and to the extent permitted by law, you authorize that company to release to us, and direct us to 
apply any final payments due you from that company to the balance owed to us, plus any charges outstanding 
on your account, if we so request. 

22. UPDATING AND DISCLOSING FINANCIAL INFORMATION. You agree to advise us of any change 
in  your  financial  condition  which  may  affect  your  creditworthiness  and  provide  us  with  a  current  account 
application  whenever  we  request  one.  At  our  request,  you  agree  to  provide  facts  to  update  information 
contained  in  your  original  account  application  or  other  financial  information  related  to  you,  including 
information  related  to  your  default.  You  also  agree  that  we  may  make  inquiries  pertaining  to  your 
employment, credit standing and financial responsibility in accordance with applicable laws and regulations 
as we deem necessary. You further agree that we may give information about the status and payment history 
of your account to consumer credit reporting agencies.  By applying for or using the card, you agree that we 
may provide  your personal  data to  VISA U.S.A., its members or their agents  for the purpose of  providing 
emergency cash and emergency credit card replacement services.  

23.  TERMINATION.  Either we or you may terminate this Agreement and your account at any time by 
giving the other party notice, but termination will not affect your obligations to pay the account balance plus 
any interest and other charges owed according to the terms of this Agreement.  You must return all cards to 
us with your notice of termination.  Termination by any one of you terminates the card for all of you.  
Termination by you is effective upon our acknowledgement that your notice has been received.  The cards 
you receive remain our property and you must recover and surrender all cards to us upon request or upon 
termination of this Agreement.  Termination of this account will also terminate any other products or services 
offered in conjunction with this account.  

24. OTHER AGREEMENTS. You agree that we do not waive our rights under this Agreement if we fail to 
assert them. The Agreement binds and benefits us and our successors and assigns and binds you, your estate 
and your personal representatives. 

25. ASSIGNABILITY OF ACCOUNT. You agree the Credit Union may at any time sell, transfer, or assign 
your VISA account to another financial institution. 

26.  COMMUNICATIONS CONCERNING DISPUTED DEBTS: IF YOU MAKE A PAYMENT 
MARKED “PAID IN FULL” OR STATE THAT YOUR CHECK PAYS YOUR OUTSTANDING 
BALANCE OR IS OTHERWISE IN FULL SATISFACTION OF THIS AGREEMENT YOU MUST SEND 
THAT PAYMENT TO VISA P.O. BOX 31279 TAMPA, FL  33631-3279. 

27.  TELEPHONE MONITORING:  To ensure that you received accurate and courteous customer service, 
on occasion, your call may be monitored by our employees or agents and you agree to any such monitoring.   

28.  MISCELLANEOUS:  This Agreement is governed by the laws of the State of Maryland except to the 
extent  federal  laws  preempt  Maryland  law.    We  elect  to  extend  credit  under  Subtitle  9  of  Title  12  of  the 
Commercial Law Article of the Annotated Code of Maryland, except to the extent it is preempted by federal 
law.  We can delay enforcing any of our rights any number of times without losing them.   

Your Billing Rights: Keep this Document for Future Use 

This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act. 

 
 
 
 
 
 
 
 
What To Do If You Find A Mistake On Your Statement 

If you think there is an error on you statement, write us at: 

Fidelity National Information System on behalf of  
MARRIOTT EMPLOYEES’ FEDERAL CREDIT UNION 
P. O. Box 30495 
Tampa, FLA 33630 

In your letter, give us the following information: 

  Account Information:  Your name and account number. 
  Dollar Amount:  The dollar amount of the suspected error. 
  Description of problem:  If you think there is an error on your bill, describe what you believe is 

wrong and why you believe it is a mistake.   

You must contact us: 

  Within 60 days after the error appeared on your statement. 
  At least 3 business days before an automated payment is scheduled, if you want to stop payment 

on the amount you think is wrong. 

You must notify us of any potential errors in writing.  You may call us, but if you do we are not required to 
investigate any potential errors and you may have to pay the amount in question. 

What Will Happen After We Receive Your Letter 

When we receive your letter, we must do two things: 

1. 

2. 

Within 30 days of receiving your letter, we must tell you that we received your letter.  We will 
also tell you if we have already corrected the error. 
Within  90 days  of receiving  your letter, we must either correct  the error or explain why  we 
believe the bill was correct.  While we investigate whether or not there has been error: 
o  We  cannot  try  to  collect  the  amount  in  question,  or  report  you  as  delinquent  on  that 

amount. 

o  The charge in question may remain on your statement, and we may continue to charge you 

interest on that amount. 

o  While  you  do  not  have  to  pay  the  amount  in  question,  you  are  responsible  for  the 

remainder of your balance. 

o  We can apply any unpaid amount against your credit limit.  

After we finish our investigation, one of two things will happen: 

 

 

If we made a mistake:  You will not have to pay the amount in question or any interest or other 
fees related to that amount. 
If  we  do  not  believe  there  was  a  mistake:    You will  have  to  pay  the  amount  in  question,  along 
with applicable interest and fees.  We will send you a statement of the amount you owe and the 
date  payment  is  due.    We  may  then  report  you  as  delinquent  if  you  do  not  pay  the  amount  we 
think you owe.   

If you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling 
us that you still refuse to pay.  If you do so, we cannot report you as delinquent without also reporting that 

 
 
 
 
 
 
 
 
 
 
 
 
 
you are questioning your 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. 

Your Rights if You Are Dissatisfied With Your Credit Card Purchases 

If  you  are  dissatisfied  with  the  goods  or  services  that  you  have  purchased  with  your  credit  Card,  and  you 
have  tried  in  good  faith  to  correct  the  problem  with  the  merchant,  you  may  have  the  right  not  to  pay  the 
remaining amount due on the purchase.   

To use this right, all of the following must be true: 

1. 

2. 

3. 

The purchase must have been made in  your home  State or within 100 miles of  your current 
mailing  address,  and  the  purchase  price  must  have  been  more  than  $50.    (Note:    Neither  of 
these are necessary if your purchase was based on an advertisement we mailed to you, or if we 
own the company that sold you the goods or services.) 
You must have used your Credit Card for the purchase.  Purchases made with cash advances 
from an ATM or with a check that accesses your Credit Card account do not qualify. 
You must not yet have fully paid for the purchase. 

If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:  

Fidelity National Information System on behalf of 
MARRIOTT EMPLOYEES’ FEDERAL CREDIT UNION 
P. O. Box 30495 
Tampa, FLA 33630 

While we investigate, the same rules apply to the disputed amount as discussed above.  After we finish our 
investigation, we will tell  you our decision.  At that point, if we think you owe an amount and you do not 
pay, we may report you as delinquent. 

NOTICE TO COSIGNER:  You are being asked to guarantee this debt.  Think carefully before you do.  
If the borrower does not pay the debt, you will have to.  Be sure you can afford to pay if you have to, 
and that you want to accept this responsibility.  You may have to pay up to the full amount of the debt 
if the borrower does not pay.  You may also have to pay late fees or collection costs, which increase 
this amount.  The Credit Union can collect this debt from  you without first trying to collect from  the 
borrower.  The Credit Union can use the same collection methods against you that can be used against 
the borrower, such as suing you, garnishing your wages, etc.  If this debt is ever in default, that fact may 
become a part of your credit record.  This notice is not the contract that makes you liable for the debt. 

NOTICE TO OHIO RESIDENTS. Ohio laws against discrimination require that all creditors make credit 
equally available to all creditworthy customers and that credit reporting agencies maintain separate credit 
histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with 
this law. 

NOTICE TO MASSACHUSETTS RESIDENTS. You may cancel a purchase under this Agreement if it has 
been signed by a party thereto at a place other than the address of the seller, which may be his/her main 
office or branch thereof, provided that you notify the seller in writing at his/her main office by first-class 
mail posted or by a telegram sent or delivered by no later than midnight of the third business day following a 
purchase under this Agreement. 

 
 
 
 
 
 
 
 
 
 
 
NOTICE TO TEXAS RESIDENTS. This contract is subject in whole or in part to Texas law, which is 
enforced by the Consumer Credit Commissioner, 2601 North Lamar Boulevard, Austin, Texas, 78705-4207. 
Phone number: 512-479-1285,  
214-263-2016, 713-461-4074. 

NOTICE TO ILLINOIS RESIDENTS. For comparative information on interest rates, charges, fees and grace 
periods, residents of Illinois may contact the Illinois Commissioner of Banks and Trust Companies, State of 
Illinois – CIP, P.O. Box 10181, Springfield, Illinois, 62791. Phone number: 800-634-5452. 

Address all correspondence to: 
Fidelity National Information Systems (FIS)  
P.O. Box 30495 
Tampa, FL 33630 
800-237-6211 

This agreement is effective as of December 31, 2012 and supersedes any prior VISA disclosures. 

MEFCU VISAAD Rev. 12/31/2012 

MARRIOTT EMPLOYEES’ FEDERAL CREDIT UNION  
ADDITIONAL DISCLOSURE – FEDERAL TRUTH-IN-LENDING ACT 
VISA CREDIT CARD  

The following disclosure is required by law and is part of your VISA Credit Card Agreement with Marriott Employees’ Federal 
Credit  Union.    “You”  means  each  person  jointly  and  individually  who  applies  for  or  otherwise  is  responsible  for  the  VISA 
Platinum, VISA Gold, VISA Classic, or VISA Classic Secured Credit Card issued by Marriott Employees’ Federal Credit Union 
(your  “card”.)   “We” and  “Credit Union” refers to Marriott Employees’  Federal Credit  Union or any of its assigns.    “Account” 
means your VISA card account. 

Interest Rates and Interest Charges 
Annual Fee 

Platinum: None 

for 

Annual  Percentage  Rate 
(APR) 
Purchases, 
Balance Transfers and Cash 
Advances 
Paying Interest 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

Fees 
Transaction Fees 
  Foreign Transactions 
  Cash Advance 
  Balance Transfer 

Platinum: 9.90%  

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 will begin 
charging interest on cash advances and balance transfers on the transaction date. 
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 

1% of each foreign transaction in U.S. dollars 
2% of the amount of each cash advance 
2% of the amount of each balance transfer 

Penalty Fees 
  Late Payment 
  Returned Payment 
  Returned Convenience Check 

Up to $35 
Up to $35 
Up to $35 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
How  We  Will  Calculate  Your  Balance:    We  use  a  method  called  “average  daily  balance  (including  new  transactions).”    See 
below for more details. 

Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in your account 
agreement. 

Interest: We will charge and you agree to pay interest calculated by multiplying the monthly average daily balances for purchases 
and cash advances for your account by the monthly periodic rate.  Interest is calculated by multiplying the monthly average daily 
balances for purchases and cash advances  for your account by the  monthly periodic rate.  Balance transfers are considered cash 
advances. The  monthly periodic rate for the Platinum Credit Card is  0.8250% (corresponding ANNUAL PERCENTAGE RATE 
9.90%). 

How the Average Daily Balance is determined:  The average daily balances for purchases and cash advances, including balance 
transfers,  are  determined  separately.    Balance  transfers  are  considered  cash  advances.    To  get  the  average  daily  balances  for 
purchases and cash advances, we start with the separate balances of purchases and cash advances at the beginning of the billing 
cycle and then separately add any new purchases and new cash advances. We then subtract any payments (as of the date received) 
or credits (as of the date of the transaction unless we have subtracted them as of a later date) applicable to your purchases or cash 
advance balances.  We do the same each day of the billing cycle.  We don’t add any accrued  interest or charges and fees, except 
credit insurance (if applicable).  This gives us the separate daily balances for purchases and cash advances.  Then we add up the 
separate daily balances for purchases and cash advances for each day of the billing cycle and divide each total by the number of 
days in the billing cycle.  This gives us the average daily balances for purchases and cash advances.  

Interest Accrual:  Interest will begin on each purchase, cash advance and balance transfer on the transaction date.  Interest will be 
charged until  you pay off the balance.  For convenience checks, the transaction date  is the  date  the check is presented to us for 
payment. You will pay interest on each cash advance from the date you get the cash advance and on each balance transfer from the 
date it is posted to your account.  There is no grace period on cash advances or balance transfers.  

Grace Period for Purchases:  You can avoid interest charges on new purchases when they are first billed on a monthly statement, 
as described below, but not on cash advances or balance transfers. If a monthly statement includes new purchases, and you make a 
payment that we receive by the due date for that statement, which is at least 25 days after the close of the billing cycle, we will not 
charge  interest  on  any  portion  of  the  new  purchases  on  that  statement  to  which  we  allocate  such  payment,  provided  that  your 
current statement also shows that we received payment of the New Balance for your prior month’s statement by the payment due 
date on that statement or that the New Balance for your prior month’s statement was zero. 

Foreign Transactions: Purchases and cash advances made in foreign countries and foreign currencies will be billed to you in U.S. 
dollars.  The exchange rate for transactions in a foreign currency will be a rate selected by VISA from the range of rates available 
in wholesale currency markets for the applicable central processing date, which rate may vary from the rate VISA itself receives, or 
the  government  mandated  rate  in  effect  for  the  applicable  central  processing  date,  in  either  case,  plus  1%  of  the  amount  of  the 
foreign  currency  purchase  or  cash  advance  after  its  conversion  into  U.S.  dollars.    The  exchange  rate  in  effect  on  the  central 
processing date may differ from the rate in effect on either the transaction date or the posting date.  The exchange rate is subject to 
change by VISA.  These foreign transaction fees are finance charges. 

Annual Membership Fee:  If your account has an annual fee, we will bill it to the account each year in the anniversary month that 
your account is opened whether or not you use your account, and you agree to pay it when billed.  We will give you at least 30 
days prior notice before we bill the annual fee.  The annual fee is non-refundable unless you notify us that you wish to close your 
account within 30 days after we provide you the statement on which the annual fee is billed. Even though you pay the annual fee, 
we may close your account and or limit your right to make transactions on your account.   

Cash Advance and Balance Transfer Fees.   We will charge  you transaction fees for balance transfers and cash advances, and 
you agree to pay them when billed.  These fees are finance charges.   

Late Fees and Other Charges:  We will charge and you agree to pay the Late Payment Fee if any Minimum Payment is received 
by us more than 10 days after the due date on your monthly statement.  The Returned Payment fee is charged if any item (check or 
electronic payment) presented for payment is dishonored for any reason.   The Returned Convenience Check fee is charged if any 
convenience check (check or electronic payment) presented for payment is dishonored for any reason. 

Credit Insurance: If you elected voluntary credit insurance when you applied for your Card, you understand that rates are not 
guaranteed.  However, if rates increase, you will be notified in advance.  For coverage to be effective you must have checked the 
“YES” box and signed or initialed the Payment Protection Option when you applied for the VISA account.  Credit insurance 
premiums will be charged to your account as a purchase. The Monthly Premium per $1,000.00 of outstanding balance is: 

Single Credit Life 
Joint Credit Life   

$0.62 
$0.99 

 
 
 
 
 
 
 
Single Credit Disability 

$0.76 

Other Fees:  We may charge fees for certain services that you request, for example, if you request a copy of a monthly statement, 
or for special services.  We will not charge fees for copies of documents requested for a billing dispute.  Service fees may  change 
from time to time.  We will disclose these fees to you when you request the service.   

Collection Costs:  You agree to pay the reasonable attorney’s fees, court costs and/or collection agency fees and costs we incur as 
a result of your default, to the extent allowed by law.  Any collection costs we incur will be added to your account as a purchase. 

Security  Interest.    Your  account  is  secured  by  all  individual  and  joint  share  accounts  you  have  with  us  now  and  in  the  future.  
Collateral securing other loans you have  with us may also secure this account, except that your home, investment securities and 
household goods will never secure this account.   

MARRIOTT EMPLOYEES’ FEDERAL CREDIT UNION  
ADDITIONAL DISCLOSURE – FEDERAL TRUTH-IN-LENDING ACT 
VISA CREDIT CARD  

The following disclosure is required by law and is part of your VISA Credit Card Agreement with Marriott Employees’ Federal 
Credit  Union.    “You”  means  each  person  jointly  and  individually  who  applies  for  or  otherwise  is  responsible  for  the  VISA 
Platinum, VISA Gold, VISA Classic, or VISA Classic Secured Credit Card issued by Marriott Employees’ Federal Credit Union 
(your  “card”).   “We” and  “Credit Union” refers to Marriott Employees’  Federal Credit  Union or any of its assigns.    “Account” 
means your VISA card account. 

Interest Rates and Interest Charges 
Annual Fee 

Gold: None 

for 

Annual  Percentage  Rate 
Purchases, 
(APR) 
Balance Transfers and Cash 
Advances 
Paying Interest 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

Fees 
Transaction Fees 
  Foreign Transactions 
  Cash Advance 
  Balance Transfer 

Gold:13.80% 

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 will begin 
charging interest on cash advances and balance transfers on the transaction date. 
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 

1% of each foreign transaction in U.S. dollars 
2% of the amount of each cash advance 
2% of the amount of each balance transfer 

Penalty Fees 
  Late Payment 
  Returned Payment 
  Returned Convenience Check 

Up to $35 
Up to $35 
Up to $35 

How  We  Will  Calculate  Your  Balance:    We  use  a  method  called  “average  daily  balance  (including  new  transactions).”    See 
below for more details. 

Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in your account 
agreement. 

Interest: We will charge and you agree to pay interest calculated by multiplying the monthly average daily balances for purchases 
and cash advances for your account by the monthly periodic rate.  Interest is calculated by multiplying the monthly average daily 
balances for purchases and cash advances  for your account by the  monthly periodic rate.  Balance transfers are considered cash 
advances.    The  monthly  periodic  rate  for  the  Gold  Credit  Card  is  1.1500%  (corresponding  ANNUAL  PERCENTAGE  RATE 
13.80%).   

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
How the Average Daily Balance is determined:  The average daily balances for purchases and cash advances, including balance 
transfers,  are  determined  separately.    Balance  transfers  are  considered  cash  advances.    To  get  the  average  daily  balances  for 
purchases and cash advances, we start with the  separate balances of purchases and cash advances at the beginning of the billing 
cycle and then separately add any new purchases and new cash advances. We then subtract any payments (as of the date received) 
or credits (as of the date of the transaction unless we have subtracted them as of a later date) applicable to your purchases or cash 
advance balances.  We do the same each day of the billing cycle.  We don’t add any accrued  interest or charges and fees, except 
credit insurance (if applicable).  This gives us the separate daily balances for purchases and cash advances.  Then we add up the 
separate daily balances for purchases and cash advances for each day of the billing cycle and divide each total by the number of 
days in the billing cycle.  This gives us the average daily balances for purchases and cash advances.  

Interest Accrual:  Interest will begin on each purchase, cash advance and balance transfer on the transaction date.  Interest will be 
charged until  you pay off the balance.  For convenience checks, the  transaction date  is the date  the  check is presented to us for 
payment. You will pay interest on each cash advance from the date you get the cash advance and on each balance transfer from the 
date it is posted to your account.  There is no grace period on cash advances or balance transfers.  

Grace Period for Purchases:  You can avoid interest charges on new purchases when they are first billed on a monthly statement, 
as described below, but not on cash advances or balance transfers. If a monthly statement includes new purchases, and you make a 
payment that we receive by the due date for that statement, which is at least 25 days after the close of the billing cycle, we will not 
charge  interest  on  any  portion  of  the  new  purchases  on  that  statement  to  which  we  allocate  such  payment,  provided  that  your 
current statement also shows that we received payment of the New Balance for your prior month’s statement by the payment due 
date on that statement or that the New Balance for your prior month’s statement was zero. 

Foreign Transactions: Purchases and cash advances made in foreign countries and foreign currencies will be billed to you in U.S. 
dollars.  The exchange rate for transactions in a foreign currency will be a rate selected by VISA from the range of rates available 
in wholesale currency markets for the applicable central processing date, which rate may vary from the rate VISA itself receives, or 
the  government  mandated  rate  in  effect  for  the  applicable  central  processing  date,  in  either  case,  plus  1%  of  the  amount  of  the 
foreign  currency  purchase  or  cash  advance  after  its  conversion  into  U.S.  dollars.    The  exchange  rate  in  effect  on  the  central 
processing date may differ from the rate in effect on either the transaction date or the posting date.  The exchange rate is subject to 
change by VISA.  These foreign transaction fees are finance charges. 

Annual Membership Fee:  If your account has an annual fee, we will bill it to the account each year in the anniversary month that 
your account is opened whether or not you use your account, and you agree to pay it when billed.  We will give you at least 30 
days prior notice before we bill the annual fee.  The annual fee is non-refundable unless you notify us that you wish to close your 
account within 30 days after we provide you the statement on which the annual fee is billed. Even though you pay the annual fee, 
we may close your account and or limit your right to make transactions on your account.   

Cash Advance and Balance Transfer Fees.   We will charge  you transaction fees for balance transfers and cash advances, and 
you agree to pay them when billed.  These fees are finance charges.   

Late Fees and Other Charges:  We will charge and you agree to pay the Late Payment Fee if any Minimum Payment is received 
by us more than 10 days after the due date on your monthly statement.  The Returned Payment fee is charged if any item (check or 
electronic payment) presented for payment is dishonored for any reason.   The Returned Convenience Check fee is charged if any 
convenience check (check or electronic payment) presented for payment is dishonored for any reason. 

Credit Insurance: If you elected voluntary credit insurance when you applied for your Card, you understand that rates are not 
guaranteed.  However, if rates increase, you will be notified in advance.  For coverage to be effective you must have checked the 
“YES” box and signed or initialed the Payment Protection Option when you applied for the VISA account.  Credit insurance 
premiums will be charged to your account as a purchase. The Monthly Premium per $1,000.00 of outstanding balance is: 

Single Credit Life 
Joint Credit Life   
Single Credit Disability 

$0.62 
$0.99 
$0.76 

Other Fees:  We may charge fees for certain services that you request, for example, if you request a copy of a monthly statement, 
or for special services.  We will not charge fees for copies of documents requested for a billing dispute.  Service fees may  change 
from time to time.  We will disclose these fees to you when you request the service.   

Collection Costs:  You agree to pay the reasonable attorney’s fees, court costs and/or collection agency fees and costs we incur as 
a result of your default, to the extent allowed by law.  Any collection costs we incur will be added to your account as a purchase. 

Security  Interest.    Your  account  is  secured  by  all  individual  and  joint  share  accounts  you  have  with  us  now  and  in  the  future.  
Collateral securing other loans you have with us may also secure this account, except that your home, investment securities and 
household goods will never secure this account.   

 
 
 
 
 
 
 
 
 
 
MARRIOTT EMPLOYEES’ FEDERAL CREDIT UNION  
ADDITIONAL DISCLOSURE – FEDERAL TRUTH-IN-LENDING ACT 
VISA CREDIT CARD  

The following disclosure is required by law and is part of your VISA Credit Card Agreement with Marriott Employees’ Federal 
Credit  Union.    “You”  means  each  person  jointly  and  individually  who  applies  for  or  otherwise  is  responsible  for  the  VISA 
Platinum, VISA Gold, VISA Classic, or VISA Classic Secured Credit Card issued by Marriott Employees’ Federal Credit Union 
(your  “card”).   “We” and  “Credit Union” refers to Marriott Employees’  Federal Credit  Union or any of its assigns.    “Account” 
means your VISA card account. 

Interest Rates and Interest Charges 
Annual Fee 
Annual  Percentage  Rate 
(APR) 
Purchases, 
Balance Transfers and Cash 
Advances 
Paying Interest 

for 

Classic: $25 
Classic: 17.88% 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

Fees 
Transaction Fees 
  Foreign Transactions 
  Cash Advance 
  Balance Transfer 

1% of each foreign transaction in U.S. dollars 
2% of the amount of each cash advance 
2% of the amount of each balance transfer 

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 will begin 
charging interest on cash advances and balance transfers on the transaction date. 
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 

Penalty Fees 
  Late Payment 
  Returned Payment 
  Returned Convenience Check 

Up to $35 
Up to $35 
Up to $35 

How  We  Will  Calculate  Your  Balance:    We  use  a  method  called  “average  daily  balance  (including  new  transactions).”    See 
below for more details. 

Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in your account 
agreement. 

Interest: We will charge and you agree to pay interest calculated by multiplying the monthly average daily balances for purchases 
and cash advances for your account by the monthly periodic rate.  Interest is calculated by multiplying the monthly average daily 
balances for purchases and cash advances  for your account by the  monthly periodic rate.  Balance transfers are considered cash 
advances.    The  monthly  periodic  rate  for  the  Classic  Credit  Card  is  1.4900%  (corresponding  ANNUAL  PERCENTAGE  RATE 
17.88%).   

How the Average Daily Balance is determined:  The average daily balances for purchases and cash advances, including balance 
transfers,  are  determined  separately.    Balance  transfers  are  considered  cash  advances.    To  get  the  average  daily  balances  for 
purchases and cash advances, we start with the separate balances of purchases and cash advances at the beginning of the billing 
cycle and then separately add any new purchases and new cash advances. We then subtract any payments (as of the date received) 
or credits (as of the date of the transaction unless we have subtracted them as of a later date) applicable to your purchases or cash 
advance balances.  We do the same each day of the billing cycle.  We don’t add any accrued  interest or charges and fees, except 
credit insurance (if applicable).  This gives us the separate daily balances for purchases and cash advances.  Then we add up the 
separate daily balances for purchases and cash advances for each day of the billing cycle and divide each total by the number of 
days in the billing cycle.  This gives us the average daily balances for purchases and cash advances.  

Interest Accrual:  Interest will begin on each purchase, cash advance and balance transfer on the transaction date.  Interest will be 
charged until  you pay off the balance.  For convenience checks, the transaction date  is the date  the check is presented to us for 
payment. You will pay interest on each cash advance from the date you get the cash advance and on each balance transfer from the 
date it is posted to your account.  There is no grace period on cash advances or balance transfers.  

 
 
 
 
 
 
 
 
 
 
Grace Period for Purchases:  You can avoid interest charges on new purchases when they are first billed on a monthly statement, 
as described below, but not on cash advances or balance transfers. If a monthly statement includes new purchases, and you make a 
payment that we receive by the due date for that statement, which is at least 25 days after the close of the billing cycle, we will not 
charge  interest  on  any  portion  of  the  new  purchases  on  that  statement  to  which  we  allocate  such  payment,  provided  that  your 
current statement also shows that we received payment of the New Balance for your prior month’s statement by the payment due 
date on that statement or that the New Balance for your prior month’s statement was zero. 

Foreign Transactions: Purchases and cash advances made in foreign countries and foreign currencies will be billed to you in U.S. 
dollars.  The exchange rate for transactions in a foreign currency will be a rate selected by VISA from the range of rates available 
in wholesale currency markets for the applicable central processing date, which rate may vary from the rate VISA itself receives, or 
the  government  mandated  rate  in  effect  for  the  applicable  central  processing  date,  in  either  case,  plus  1%  of  the  amount  of  the 
foreign  currency  purchase  or  cash  advance  after  its  conversion  into  U.S.  dollars.    The  exchange  rate  in  effect  on  the  central 
processing date may differ from the rate in effect on either the transaction date or the posting date.  The exchange rate is subject to 
change by VISA.  These foreign transaction fees are finance charges. 

Annual Membership Fee:  If your account has an annual fee, we will bill it to the account each year in the anniversary month that 
your account is opened whether or not you use your account, and you agree to pay it when billed.  We will give you at least 30 
days prior notice before we bill the annual fee.  The annual fee is non-refundable unless you notify us that you wish to close your 
account within 30 days after we provide you the statement on which the annual fee is billed. Even though you pay the annual fee, 
we may close your account and or limit your right to make transactions on your account.   

Cash Advance and Balance Transfer Fees.   We will charge  you transaction fees for balance transfers and cash advances, and 
you agree to pay them when billed.  These fees are finance charges.   

Late Fees and Other Charges:  We will charge and you agree to pay the Late Payment Fee if any Minimum Payment is received 
by us more than 10 days after the due date on your monthly statement.  The Returned Payment fee is charged if any item (check or 
electronic payment) presented for payment is dishonored for any reason.   The Returned Convenience Check fee is charged if any 
convenience check (check or electronic payment) presented for payment is dishonored for any reason. 

Credit Insurance: If you elected voluntary credit insurance when you applied for your Card, you understand that rates are not 
guaranteed.  However, if rates increase, you will be notified in advance.  For coverage to be effective you must have checked the 
“YES” box and signed or initialed the Payment Protection Option when you applied for the VISA account.  Credit insurance 
premiums will be charged to your account as a purchase. The Monthly Premium per $1,000.00 of outstanding balance is: 

Single Credit Life 
Joint Credit Life   
Single Credit Disability 

$0.62 
$0.99 
$0.76 

Other Fees:  We may charge fees for certain services that you request, for example, if you request a copy of a monthly statement, 
or for special services.  We will not charge fees for copies of documents requested for a billing dispute.  Service fees may  change 
from time to time.  We will disclose these fees to you when you request the service.   

Collection Costs:  You agree to pay the reasonable attorney’s fees, court costs and/or collection agency fees and costs we incur as 
a result of your default, to the extent allowed by law.  Any collection costs we incur will be added to your account as a purchase. 

Security  Interest.    Your  account  is  secured  by  all  individual  and  joint  share  accounts  you  have  with  us  now  and  in  the  future.  
Collateral securing other loans you have with us may also secure this account, except that your home, investment securities and 
household goods will never secure this account.   

MARRIOTT EMPLOYEES’ FEDERAL CREDIT UNION  
ADDITIONAL DISCLOSURE – FEDERAL TRUTH-IN LENDING ACT 
VISA CREDIT CARD  

The following disclosure is required by law and is part of your VISA Credit Card Agreement with Marriott Employees’ Federal 
Credit  Union.    “You”  means  each  person  jointly  and  individually  who  applies  for  or  otherwise  is  responsible  for  the  VISA 
Platinum, VISA Gold, VISA Classic, or VISA Classic Secured Credit Card issued by Marriott Employees’ Federal Credit Union 
(your  “card”).   “We” and  “Credit Union” refers to Marriott Employees’  Federal Credit  Union or any of its assigns.    “Account” 
means your VISA card account. 

Interest Rates and Interest Charges 
Annual Fee 

Classic Secured: $25 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
for 

Annual  Percentage  Rate 
(APR) 
Purchases, 
Balance Transfers and Cash 
Advances 
Paying Interest 

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau 

Classic Secured: 17.88% 

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 will begin 
charging interest on cash advances and balance transfers on the transaction date. 
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 
Transaction Fees 
  Foreign Transactions 
  Cash Advance 
  Balance Transfer 
Penalty Fees 
  Late Payment 
  Returned Payment 
  Returned Convenience Check 

1% of each foreign transaction in U.S. dollars 
2% of the amount of each cash advance 
2% of the amount of each balance transfer 

Up to $35 
Up to $35 
Up to $35 

How  We  Will  Calculate  Your  Balance:    We  use  a  method  called  “average  daily  balance  (including  new  transactions).”    See 
below for more details. 

Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in  your account 
agreement. 

Interest: We will charge and you agree to pay interest calculated by multiplying the monthly average daily balances for purchases 
and cash advances for your account by the monthly periodic rate.  Interest is calculated by multiplying the monthly average daily 
balances for purchases and cash advances  for your account by the  monthly periodic rate.  Balance transfers are considered cash 
advances.  The monthly periodic rate for the Classic Secured Credit Card is  1.4900% (corresponding ANNUAL PERCENTAGE 
RATE 17.88%).   

How the Average Daily Balance is determined:  The average daily balances for purchases and cash advances, including balance 
transfers,  are  determined  separately.    Balance  transfers  are  considered  cash  advances.    To  get  the  average  daily  balances  for 
purchases and cash advances, we start with the separate balances of purchases and cash advances at the beginning of the billing 
cycle and then separately add any new purchases and new cash advances. We then subtract any payments (as of the date received) 
or credits (as of the date of the transaction unless we have subtracted them as of a later date) applicable to your purchases or cash 
advance balances.  We do the same each day of the billing cycle.  We don’t add any accrued  interest or charges and fees, except 
credit insurance (if applicable).  This gives us the separate daily balances for purchases and cash advances.  Then we add up the 
separate daily balances for purchases and cash advances for each day of the billing cycle and  divide each total by the number of 
days in the billing cycle.  This gives us the average daily balances for purchases and cash advances.  

Interest Accrual:  Interest will begin on each purchase, cash advance and balance transfer on the transaction date.  Interest will be 
charged until  you pay off the balance.  For convenience checks, the transaction date  is the date  the check is presented to us for 
payment. You will pay interest on each cash advance from the date you get the cash advance and on each balance transfer from the 
date it is posted to your account.  There is no grace period on cash advances or balance transfers.  

Grace Period for Purchases:  You can avoid interest charges on new purchases when they are first billed on a monthly statement, 
as described below, but not on cash advances or balance transfers. If a monthly statement includes new purchases, and you make a 
payment that we receive by the due date for that statement, which is at least 25 days after the close of the billing cycle, we will not 
charge  interest  on  any  portion  of  the  new  purchases  on  that  statement  to  which  we  allocate  such  payment,  provided  that  your 
current statement also shows that we received payment of the New Balance for your prior month’s statement by the payment due 
date on that statement or that the New Balance for your prior month’s statement was zero. 

Foreign Transactions: Purchases and cash advances made in foreign countries and foreign currencies will be billed to you in U.S. 
dollars.  The exchange rate for transactions in a foreign currency will be a rate selected by VISA from the range of rates available 
in wholesale currency markets for the applicable central processing date, which rate may vary from the rate VISA itself receives, or 
the  government  mandated  rate  in  effect  for  the  applicable  central  processing  date,  in  either  case,  plus  1%  of  the  amount  of  the 
foreign  currency  purchase  or  cash  advance  after  its  conversion  into  U.S.  dollars.    The  exchange  rate  in  effect  on  the  central 

 
 
 
 
 
 
 
processing date may differ from the rate in effect on either the transaction date or the posting date.  The exchange rate is subject to 
change by VISA.  These foreign transaction fees are finance charges. 

Annual Membership Fee:  If your account has an annual fee, we will bill it to the account each year in the anniversary month that 
your account is opened whether or not you use your account, and you agree to pay it when billed.  We will give you at least 30 
days prior notice before we bill the annual fee.  The annual fee is non-refundable unless you notify us that you wish to close your 
account within 30 days after we provide you the statement on which the annual fee is billed. Even though you pay the annual fee, 
we may close your account and or limit your right to make transactions on your account.   

Cash Advance and Balance Transfer Fees.   We will charge  you transaction fees for balance transfers and cash advances, and 
you agree to pay them when billed.  These fees are finance charges.   

Late Fees and Other Charges:  We will charge and you agree to pay the Late Payment Fee if any Minimum Payment is received 
by us more than 10 days after the due date on your monthly statement.  The Returned Payment fee is charged if any item (check or 
electronic payment) presented for payment is dishonored for any reason.  The Returned Convenience Check fee is charged if any 
convenience check (check or electronic payment) presented for payment is dishonored for any reason. 

Credit Insurance: If you elected voluntary credit insurance when you applied for your Card, you understand that rates are not 
guaranteed.  However, if rates increase, you will be notified in advance.  For coverage to be effective you must have checked the 
“YES” box and signed or initialed the Payment Protection Option when you applied for the VISA account.  Credit insurance 
premiums will be charged to your account as a purchase. The Monthly Premium per $1,000.00 of outstanding balance is: 

Single Credit Life 
Joint Credit Life   
Single Credit Disability 

$0.62 
$0.99 
$0.76 

Other Fees:  We may charge fees for certain services that you request, for example, if you request a copy of a monthly statement, 
or for special services.  We will not charge fees for copies of documents requested for a billing dispute.  Service fees may  change 
from time to time.  We will disclose these fees to you when you request the service.   

Collection Costs:  You agree to pay the reasonable attorney’s fees, court costs and/or collection agency fees and costs we incur as 
a result of your default, to the extent allowed by law.  Any collection costs we incur will be added to your account as a purchase. 

Security  Interest.    Your  account  is  secured  by  all  individual  and  joint  share  accounts  you  have  with  us  now  and  in  the  future.  
Collateral securing other loans you have with us may also secure this account, except that your home, investment securities and 
household goods will never secure this account.