VISA CLASSIC CREDIT CARD AGREEMENT AND DISCLOSURE

1. INTRODUCTION. This Agreement covers your VISA Classic Credit Line of Credit issued as part of the loan plan under your Loan Contract Agreement with 
Rogue Credit Union (“Lender”). In this Agreement the words “you”, “yours”, “applicant”, and “Borrowers” mean any person who signs the application for this 
Account, any joint obligor, guarantor, authorized user, or the person whose name is embossed on the Card. The words, “we”, “us”, “our”, and “Lender” mean 
Rogue Credit Union. The word “Card” means any one or more credit cards as requested issued under this Account. If you sign an application for this account 
or sign or use any Card or PIN, or allow others to use the Card or PIN, you and they will have accepted this agreement just as if you and they signed it, and 
you and they, jointly and severally, will be bound by the following terms and conditions which will govern this Account.
2. PURCHASES AND CASH ADVANCES.  You must sign the Card to use it. Once you have signed the Card, you can use it to buy or lease goods, services, or 
insurance wherever the Card is honored, up to the full amount of your credit line. You may use your Account to get cash advances from us. You may also use 
your Card to get a cash advance from participating financial institutions and designated automatic teller machines. You may not use the Card for any illegal 
or unlawful transaction, and we may decline to authorize any transaction that we believe poses an undue risk of illegality or unlawfulness.
3. OVERDRAFT PROTECTION. If we approve overdraft protection, you may access your line of credit account by overdrawing your checking account. We will 
treat any overdraft item as a request for a loan advance on your line of credit. Overdraft transfers will be made in amounts sufficient to cover the overdrawn 
item. You understand that any owner on your checking account may obligate you to repay overdraft advances by overdrawing the checking account.
4. VISA  CHECKS.  If  we  approve,  you  may  obtain  advances  under  your  account  by  writing  preprinted  loan  checks  that  we  supply  to  you.  Your  use  of  loan 
checks will be treated as cash advances. We may not honor your loan check if your check is postdated, payment of the check will exceed your credit limit, a 
check  is  signed  by  a  person  without  authorized  access,  the  amount  of  the  check  is  less  than  the  minimum  required  amount,  your  account  has  been 
terminated  or  suspended,  or  any  checks  have  been  reported  lost  or  stolen.  You  may  stop  payment  on  a  loan  check  if  you  provide  us  with  the  exact 
information describing the check. If you give us incorrect information, we will not be responsible for failing to stop payment. You understand there may be a 
charge for loan check printing and charges for stop payment requests, returned items, check copies, and other fees or costs we incur in handling your loan 
checks. Our liability for a wrongful dishonor is limited to your actual losses; however, a dishonor for the reasons stated above is not a wrongful dishonor. 
5. YOU PROMISE TO PAY. You promise to pay us all such amounts, plus any Finance Charges, which arise from use of the Card or Account by you or any
other person, and to be jointly and  severally  liable with such  a person,  unless such other  person does not have  actual,  implied, or  apparent authority  for 
such  use,  and  you  received  no  benefit  from  the  use.  You  promise  to  pay  us  either  by  direct  payment  or  by  automatic  transfers  from  shares  or  payroll 
deduction.
6. CREDIT LINE.  If  your  application  is  approved  by  us,  this  agreement  will  constitute  a  revolving  line of  credit  for  an  amount  which  will  be  the  credit  line 
under your Account. We will advise you of the amount of your credit line. That amount will be the maximum amount you may have outstanding at any time. 
You agree not to attempt to obtain more credit than the amount of your credit line. However, if you temporarily exceed your credit line, you agree to repay the 
excess immediately, even if we have not yet billed you. 
Obtaining  such  credit  does  not  increase  your  credit  line  and  if  you  exceed  your  Credit  Limit  repeatedly,  we  may  suspend  your  credit  privilege  under  this 
Agreement. We retain the right to increase or decrease your credit line at any time for any reason. Any increase of reduction on the limit of your credit line 
will be shown on your monthly statement or by separate notice together with any changes in the applicable minimum monthly payments. Your eligibility for 
this credit line is determined by our loan policy and may be terminated at our sole discretion, without demand or notice. You may close your credit line at any 
time by notifying us in writing and returning all Cards cut in half. If you  terminate this Agreement or if we terminate or suspend your credit privileges, the 
provisions  of  this  Agreement  and  your  liability  hereunder  shall  otherwise  remain  in  full  force    and  effect  until  you  have  paid  us  all  sums  due  under  this 
Agreement and returned all Cards. 
7. MINIMUM MONTHLY PAYMENT. We will mail you a statement every month if your account has a balance. You agree that you will pay each month not less 
than the minimum monthly payment by the payment due date. The minimum monthly payment will be 3.0% for Classic accounts or 2% for Platinum accounts 
of your outstanding balance (“New Balance”) or $25.00, whichever is greater. If your outstanding balance is $25.00 or less, you agree to pay the balance in 
full. You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments. We can accept late payments or 
partial  payments,  or  checks,  drafts,  or  money  orders  marked  “payment  in  full”  without  prejudice  to  our  rights  under  this  Agreement,  which  are  hereby 
explicitly  reserved.  A  credit  posting  from  a  merchant  or  reversal  of  fees  do  not  constitute  a  minimum  payment.  The  minimum  monthly  payment  may  be 
allocated at the Credit Union’s discretion to pay off lower rate balances, such as promotional offers, before higher rate balances, such as cash advances or 
purchases. Payments in excess of the minimum monthly payment will be allocated first to higher rate balances, as applicable. From time to time, we may 
allow you to skip your minimum monthly payment due. If you choose to skip that payment, Finance Charges will continue to accrue in accordance with this 
Agreement. Payments received at: Rogue Credit Union, PO Box 4550, Medford, OR 97501 on or  before 5:00 PM Pacific Time on any business day will be 
credited  to  your  Account  as  of  that  date;  payments  received  by  mail  at  that  address  after  5:00  PM  Pacific  Time  or  on  a  weekend  will  be  posted  to  your 
Account  as  of  the  next  business  day. Payment  crediting  to  your  Account  may  be  delayed  up  to  five  days  if  your  payment  is  received  by  mail  at  any  other 
address or not accompanied by the remittance portion of your Account statement.
8. SECURITY  INTEREST.  To  secure  your  Account,  you  grant  us  a  purchase  money  security  interest  under  the  Uniform  Commercial  Code  in  any  goods  you 
purchase  through  your  Account. If you  default, we will  have  the  right to  recover  any  of  these  goods which  have  not  been paid  through  application of  your 
payments  in  the  manner  described  in  Section  5.  In  addition,  you  agree  that  all  collateral  you  give  (or  have  given)  the  Credit  Union  to  secure  other  loan 
obligations (except real estate or a dwelling) in the past and in the future, also secures your obligations under this Agreement. You also grant us a security 
interest in all your shares, deposits, and accounts (except for Individual Retirement Accounts and Keogh Plans) at the Credit Union.
9. MONTHLY  STATEMENTS.  Each  month  we  will  send  you  a  statement  showing  purchases,  cash  advances,  payments,  and  credits  made  to  your  Account 
during the billing cycle,   as well as your “New Balance”, any Finance Charge and any late charges. Your statement also will identify the minimum monthly 
payment you must make for that billing period and the date it is due. You agree to retain for statement verification copies of transaction slips resulting from
each purchase, each advance, and other transactions on your Account. Unless you notify us of a billing error in accordance with the section entitled “Your 
Billing Rights”, you accept your monthly statement as an accurate statement of your Account with us.
10. CIRCUMSTANCES  UNDER  WHICH  AN  FINANCE  CHARGE  WILL  BE  IMPOSED.  The  total  outstanding  balance  of  purchases  and  cash  advances  in  the 
Account  on  the  closing  date  of  the  billing  cycle,  including  any  Finance  Charge  will  be  shown  on  the  Periodic  Statement  for  that  billing  cycle  as  the  “New
Balance”.
(a).  Cash  Advances.  An  Finance  Charge  will  be  imposed  on  cash  advances  from  the  date  made  or  from  the  first  day  of  billing  cycle  in  which  the  cash 
advance is posted to your account, whichever is later, and will continue to accrue until the date of payment. 
(b).  Purchases.  An  Finance  Charge  will  be  imposed  on  the  portion  of  purchases  included  in  the  New  Balance  that  remains  unpaid  within  25  days  of  the 
closing date of your statement. This “grace period” allows you to avoid an Finance Charge on purchases for a billing cycle. However, if you do not pay any of 
the New Balance for purchases within the grace period, your Finance Charge will accrue on any unpaid purchase transactions from the date of purchase. 
11. METHOD  USED  TO  DETERMINE  THE  BALANCE  ON  WHICH  THE  FINANCE  CHARGE  MAY  BE  COMPUTED.  The  Finance  Charge  for  a  billing  cycle  is 
computed  by  applying  the  monthly  periodic  Rate  to  the  average  daily  balance  of  cash  advances,  purchases  and  balance  transfers.  The  “Average  Daily
Balance” is determined by dividing the sum of the daily balances during each billing cycle by the number of days in the cycle. Each daily balance of cash 
advances and credit purchases is determined by adding to the   outstanding balance of cash advances and credit purchases at the beginning of the billing 
cycle any new cash advances and credit purchases posted to your account and subtracting any payments as received and credits as posted to your account, 
but excluding any unpaid Finance Charges.

© 2015 Farleigh Wada Witt/Rogue Credit Union 

1 

November 2019

VISA Classic Credit Card Account Agreement and Disclosure 

Rogue Credit Union 

12. METHOD OF DETERMINING THE AMOUNT OF FINANCE CHARGE. Any Finance Charge shown on your monthly statement is determined as follows: We 
figure the Finance Charge on your Account by applying the Periodic Rate to the “Average Daily Balance” of your Account.
13. PERIODIC  RATE  AND  CORRESPONDING  ANNUAL  PERCENTAGE  RATE.  The  Periodic  Rate  and  corresponding  Annual  Percentage  Rate  that  is  used  to 
compute the Finance Charge is variable. The Annual Percentage Rate is based on an index which is the highest Wall Street Prime Rate as of the last day of 
the month as published in The Wall Street Journal (Western Edition) from time to time. To determine the Annual Percentage Rate, we add a margin to the 
index. The amount of the margin depends on the type of account, your credit profile, and other factors we deem appropriate. The margin applicable to your 
account  will  be  provided  to  you  at  the  time  of  opening  your  card.  The  Annual  Percentage  Rate  is  divided  by  12  to  obtain  the  periodic  rate.  The  rate  can 
change  monthly  effective  the  first  day  of  the  billing  cycle.  Any  increase  or  decrease  in  the  Annual  Percentage  Rate  will  affect  the  number  of  monthly 
payments you may have to make. The initial periodic rate and Annual Percentage Rate will be provided to you with your Card. 
14. CONDITIONS UNDER WHICH OTHER CHARGES MAY BE IMPOSED.
a. Returned Check Charge. A $25.00 charge will be made when a check submitted by you for payment on an account is returned to us, regardless of the 
reason.
b. Research and Copying. If you ask us to examine your account or provide copies of documents, except in resolution of a billing error, we may charge you 
$5.00 for each copy. 
c. Late Fee. If any payment is past due for a period of 10 days, a late fee will be added to your account. The late fee will equal $25.00.
d. Replacement Card Fee. A $5.00 charge per card may be imposed for each additional or replacement card you request.
e. Additional PIN Fee. A $2.00 charge per personal identification number (PIN) may be imposed for each additional PIN you request.
f. Card Retention Fee. A $65.00 fee will be imposed if your card is retained by a merchant and the Credit Union is charged for the recovery of the card to 
the extent applicable by law.
g. Attorney’s Fee. We may impose the following fees and charges on your Account. If you default on any part of this Agreement, you agree to pay us all costs 
to collect your Account, including court costs and reasonable attorney fees whether or not there is a lawsuit, and fees on any appeal and fees for bankruptcy 
proceedings, appeals and any post-judgment collection services, if applicable. 
15. CONDITIONS OF CARD USE. The use of your Card and account are subject to the following conditions:
a. Ownership of Cards. Any Card or other credit instrument or device which we supply you is our property and must be returned to us or to any person whom 
we authorize to act as our agent, or to any person who is authorized to honor the Card, immediately according to instructions. The Card may be repossessed 
at any time in our sole discretion without demand or notice. You cannot transfer your Card or Account to another person.
b. Honoring the Card.  Neither we  nor  merchants  authorized to  honor the  Card will  be  responsible  for the  failure  or  refusal  to  honor  the Card  or  any  other 
credit instrument or device we supply you. If a merchant agrees to give you a refund or adjustment, you agree to accept a credit to your Account in lieu of a 
cash refund.
c. Currency Conversions/Foreign Transaction Fee. Purchase and cash advances made in foreign countries will be billed to you in U.S. dollars. The currency 
conversion  rate  for  international  transactions  as  established  by  VISA  International,  Inc.  is  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 addition, you will be charged a Foreign Transaction Fee of up to 1% of the transaction amount for 
any card transaction made in a foreign country. 
d. Notices and Payments. All notices will be sent to your address as shown in the application. You agree to advise us promptly if you change your mailing 
address.  All  payments  should  be  mailed  to  us  at  the  remittance  address  shown  on  your  monthly  statements.  Payments  received  at  that  address  will  be 
credited to your account as of the date   received. 
e. Personal  Identification  Number. We will  issue  you  a  Personal  Identification  Number (PIN) for  use with  your Card  at  VISA  NET  automatic  teller machines 
(ATM’s). These numbers are issued to you for your security purposes. These numbers are confidential and should not e disclosed to third parties. You are
responsible for safekeeping your PIN. You agree not to disclose or otherwise make available your PIN to anyone not authorized to sign on your Accounts. To 
keep your Account secure, please do not write your PIN on your Card or keep it in the same place as your Card.
16. DEFAULT. You will be in default under this Agreement if any of the following occur: (a) Any minimum monthly payment is not made when due; (b) You 
become  insolvent,  bankrupt, or  you  die; (c)  You  violate  any  part  of  this  Agreement, or  any  other  agreement  with  us;  (d)  If  we reasonably  deem  ourselves 
insecure or your credit line; or (e) You make any false or misleading statements on a credit application to the Credit Union. We will notify you in writing of any 
such action as soon as practical if it occurs. Upon default, we may declare the entire unpaid balance immediately due and payable, and you agree to pay
that amount plus any attorney fees and costs incurred by us. We can delay enforcing any right under this Agreement without losing that right or any other 
right.
17. GOVERNING LAW. This Agreement will not take effect until it is approved by us. This Agreement shall be governed by the laws of the State of Oregon.
18. LOSS OR THEFT OF CREDIT CARD. You agree to notify us immediately, orally or in writing, at Rogue Credit Union, PO Box 4550, Medford, OR 97501, or 
telephone (541) 8587328 (after hours you may call 1(800) 682-6075 of the loss, theft, or unauthorized use of your Credit Card. If you notify us of your lost 
or stolen Credit Card you may not be liable for any losses. This liability exclusion will apply provided you were not grossly negligent or fraudulent in handling 
your credit card; otherwise your liability for unauthorized VISA Credit Card transactions may be up to $50.00.
19. CREDIT INFORMATION/FINANCIAL STATEMENTS. You authorize us to release information to others (e.g. credit bureaus, merchants, and other financial 
institutions) regarding the status and history of your credit line. You agree to provide us, at any time we deem necessary, with a current financial statement 
and/or a new credit application upon request. We may investigate your credit directly or through a credit reporting agency. 
20. ACKNOWLEDGMENT AND AMENDMENTS. You understand and agree to the terms and conditions in this Agreement, and the Fair Credit Billing Notice 
made a part hereof. You also understand and agree that you may be subject to other agreements with us regarding transfer instruments or access devices 
which may access your credit lime. We reserve the right to amend the terms of this Agreement at anytime as permitted by and subject to any limitations and 
notice requirements of applicable law. 

© 2015 Farleigh Wada Witt. All rights reserved 

2 

November 2019

VISA Classic Credit Card Account Agreement and Disclosure 

Rogue Credit Union 

YOUR BILLING RIGHTS – KEEP THIS NOTICE 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  your  statement,  write  to  us  at:  Rogue Credit  Union,  PO  Box  4550, 
Medford, OR 97501. 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. 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.
2. Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is correct. While we investigate whether or 
not there has been an error:
 We cannot try to collect the amount in question or report you as delinquent on that amount.
 The charge in question may remain on your statement, and we may continue to charge you interest on that amount.
 While you do not have to pay the amount in question, you are responsible for the remainder of your balance. 
 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. 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.)
2. 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. 
3. 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 the above address. 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. 

© 2015 Farleigh Wada Witt. All rights reserved 

3 

November 2019

Rogue Credit Union 
VISA Classic Credit Card Account Disclosures 
VISA Card – Rates and Fees 

INTEREST RATES AND FINANCE CHARGES 

Annual Percentage Rate (APR) for Purchases, 
Cash Advances & Balance Transfers 

How to Avoid Paying Interest on Purchases

For Credit Card Tips from the Consumer Financial Protection Bureau

13.75% - 17.25%
Based on your creditworthiness and other factors as determined at 
the time of account opening. 

This APR will vary with the market based on the Prime Rate. 

Your due date is 25 days after the close of each billing cycle. We 
will  not  charge  any  interest  on  the  portion  of  the  purchases 
balance that you pay by the due date each month. 

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:  www.consumerfinance.gov/learnmore 

Annual Fee
Transaction Fees 
-- Cash Advance Fee 

Penalty Fees 
-- Late Payment Fee 
-- Returned Check Charge 
-- Over--Limit Charge Fee 

Other Fees 
-- Foreign Transaction Fee 

FEES

NONE

NONE

$25
$25 
NONE

Up to 1% of the US dollar amount of the foreign transaction.

How We Will Calculate Your Balance: We use a method called “average daily balance” (including new purchases). 

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement. 

Your APR is based on the following: 

Index: 

Prime Rate

Margin: 

9.00% - 12.50% 

Your Periodic Rate is: 

1.146%  - 1.438%

We reserve the right to amend the VISA Classic Credit Card Agreement as permitted by law. 

The above rates and fees are current as of: 

November 1, 2019

FR20150003 

© 2015 Farleigh Wada Witt/Rogue Credit Union 

4 

November 2019