(b)  The  purchase  price  must  have  been  more  than  $50. 
These limitations do not apply if we own or operate the
merchant,  of  if  we  mailed  you  the  advertisement  for  the 
property or services.

How do I earn rewards?

VISA  Signature  Cash/Points  Rewards  credit  card  earn  3 
points for every $1 of all net purchases made.
VISA Platinum Rewards credit card earn 1 point for every 
$1 of net purchases made. 

Will my rewards expire?

Your rewards expire five years from the month in which they 
were earned, as long as your account remains open.

Are there conditions for earning or redeeming rewards? 

Rewards  are  earned  on  eligible  net  purchases.  “Net 
purchases”  means  the  sum  of  your  eligible  purchase 
transactions  minus  returns  and  refunds.  Eligible  purchase 
transactions  do  not  include,  and  rewards  are  not  earned 
for, the following transactions: cash advances, convenience 
checks,  balance  transfers,  or  fees  of  any  kind,  including 
finance  charges,  late  fees,  returned  check  fees,  ATM  cash 
advance  fees,  and  annual  fees,  if  any.  Cash  equivalent 
transactions, such as the purchase, loading or re-loading of 
gift  and  prepaid  cards  (e.g.,  money  orders,  Prepaid  Cards 
and  other  cash  equivalent  gift  cards),  may  not  be  eligible 
purchase transactions and may not earn rewards. 

What happens to my rewards if the account is closed? 

Your  rewards  will  be  forfeited  if  your  account  is  closed. 
For  additional  information,  please  refer  to  the  terms 
and  conditions  with  the  card’s  corresponding  program 
description.

Your letter needs to include the following information:
• Your Name
• Credit card number
• Dollar amount of the suspected error
• Describe the error and explain if you can, why you believe  
    there is an error.

If it’s more information you need, describe the item you are 
not sure about.
If  you  have  authorized  us  to  pay  your  credit  card  bill 
automatically  from  your  savings  or  checking  account,  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.

YOUR RIGHTS AND OUR RESPONSIBILITIES  
AFTER WE RECEIVE YOUR WRITTEN NOTICE:

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 is 
correct. After we receive your letter, we cannot try to collect 
any  amount  you  questioned,  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 
still  obligated  to  pay  the  parts  of  your  bill  that  are  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 any 
questioned amount. If we didn’t make a mistake, you may 
have to pay finance charges, and you will have to make up 
any missed payments on the questioned amount. In either 
case, we will send you a statement of the amount you owe 
and the date 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 you to that you have a question 
about your bill. And we must tell you the name of anyone we 
reported you to. We must tell anyone we report you to that 
the matter has been settled between us when it finally is. If 
we don’t follow these rules, we can’t collect the first $50 of 
the questioned amount, even if your bill was correct.

SPECIAL RULES FOR CREDIT CARD PURCHASES

If you have a problem with the quality or property of services 
that  you  purchased  with  a  credit  card,  and  you  have  tried 
in good faith to correct the problem with the merchant, you 
have the right not to pay the remaining amount due on the 
property or service. There are two limitations on this right:
(a) You must have made the purchase in your home state 
or,  if  not  within  your  home  state  within  100  miles  of  your 
current mailing address; and

IMPORTANT CREDIT CARD DISCLOSURES
The information about the costs of the card described is accurate as of 1/24/19 and may have changed after that date. 
To find out what may have changed, write us at P.O. Box 7001, Biloxi, MS 39534-7001..

Interest Rates and Interest Charges

Visa Signature 
Cash/Points Rewards
0% introductory rate for the  
first 12 months. After that,  
based on your creditworthiness
Prime up to 
18.00%
This APR will vary with the market 
based on the US Prime Rate.
0% introductory rate for the  
first 12 months. After that,  
based on your creditworthiness
Prime up to 18.00%
This APR will vary with the market 
based on the US Prime Rate.

VISA Platinum Rewards

VISA Classic

1.99% introductory rate for the first 12 months.  
After that, based on your creditworthiness
Prime up to 18.00%
This APR will vary with the market based on the US Prime Rate.

1.99% introductory rate for the first 12 months.  
After that, based on your creditworthiness
Prime up to 18.00%
This APR will vary with the market based on the US Prime Rate.

Prime up to 18:00%
This APR will vary with the market based on the US Prime Rate

No Penalty APR

Your due date is at least 25 days after the close of each billing cycle.
We will not charge you 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.

None

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

Annual Fee - None

Balance Transfer - $0
Cash Advance - $5
Foreign Transaction - 1%

Late Payment  - Up to $25.00 after payment is 10 days late 
Returned Item  - Up to $25.00 per returned item

Annual 
Percentage
Rate
(APR)
for 
Purchases

APR
for
Balance
Transfer

APR for  
Cash Advances

Penalty APR and 
When it Applies

How to Avoid 
Paying Interest

Minimum
Interest Charge
For Credit Card 
Tips from the 
Consumer 
Financial 
Protection
Bureau

SET UP AND 
MAINTENANCE 
FEES

TRANSACTION 
FEES

PENALTY FEES

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 elsewhere in this account agreement.
Refer to the “Important Credit Card Disclosures” sheet you received upon account approval.

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M-130052

CREDIT CARD 

LINE OF CREDIT 

AGREEMENT AND 

DISCLOSURES

For a list of Keesler Federal locations, 
please visit 
www.kfcu.org/branch-locations
or call
1-888-533-7537 in the US
or 0-800-585-765 in the UK

1-888-KEESLER (533-7537)
www.kfcu.org

2/2019

I M P O R T A N T   T O   Y O U .   I M P O R T A N T   T O   U S .

TABLE OF CONTENTS

CREDIT CARD LINE OF AGREEMENT AND 
DISCLOSURES

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FINANCE CHARGE CALCULATION METHODS 

VISA® LIABILITY FOR UNAUTHORIZED USE

VISA® LIABILITY FOR UNAUTHORIZED USE

YOUR BILLING RIGHTS

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ERRORS OR QUESTIONS ABOUT YOUR BILL

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SPECIAL RULES FOR CREDIT CARD PURCHASES

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DISCLOSURE STATEMENT FOR PREAUTHORIZED 
EFT FOR CREDIT CARD PAYMENTS

VISA PLATINUM REWARDS REBATE 
PROGRAM RULES

INTEREST RATES AND FEES SCHEDULE

BRANCH LOCATIONS AND HOURS

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KEESLER FEDERAL CREDIT UNION

CREDIT CARD LINE OF CREDIT 
AGREEMENT AND DISCLOSURES

c)  A  return  item  fee  of  up  to  $25.00  will  be  assessed 
against  your  account  for  any  item  returned  for  non-
sufficient funds or closed account. This includes but is not 
limited to, check payments mailed to our Service Center or 
Credit Union and check payments made at a local branch.

IMPORTANT:  PLEASE READ THE CREDIT CARD 
AGREEMENT AND DISCLOSURES.

d)  A statement copy fee of $2.00 per page, will be assessed 
against your account for requested statement copies

The purpose of this Agreement is to establish the terms and 
conditions of your line of Credit.

In  this  Agreement  the  words  “you”  or  “your”  means  each 
person  who  applied  for  the  Keesler  Federal  Credit  Union 
credit card or who uses the credit card or duplicate credit 
card.  Use  of  the  word  “card”  in  its  singular  form  may  also 
refer to the plural. The word “card” also means your KFCU 
credit card and duplicates of said card. The word “account” 
means your KFCU credit card revolving credit account with 
Keesler Federal Credit Union (the “Credit Union”).

1. You have applied for a line of credit that you can use from 
time to time and which may be replenished by payment on 
amounts previously drawn.

2. This Agreement establishes your request for the issuance 
of a credit card. The credit limit approved shall be determined 
by the Credit Union, and this credit limit will be drawn upon 
as you utilize an issued credit card.

3.  A  FINANCE  CHARGE  (interest)  will  be  charged  on  any 
outstanding  balances  that  are  not  repaid  within  the 
allowable  25-day  grace  period  established  by  the  Credit 
Union. The Balance Calculation Method used by the Credit 
Union  is  the  “average  daily  balance”  method  including 
current transactions”.

4.  Variable  Rate  Information:  Your  APR  may  increase  or 
decrease.  The  Interest  Rate  may  change  quarterly  on  the 
first  day  of  January,  April,  July  and  October,  based  on  the 
U.S.  Prime  Rate  as  published  in  the  Wall  Street  Journal. 
The Margin is determined based on an evaluation of each 
Member’s credit history. The Margin will range from 0% to 
12% based on product type and credit history.

5. Other charges may also be assessed against your account 
as follows:
a)  A late charge of up to $25.00 will be assessed against 
your  account  when  the  minimum  monthly  payment  as 
indicated on your account statement is not paid within 10 
days after the due date.

b)  A  cash  advance  fee  of  $5.00  will  be  charged  to  your 
account  for  each  cash  advance  obtained  utilizing  your 
account.

e)  Card Replacement fee $5.00, this will automatically be 
assessed to your credit card

6. We may, from time to time, issue convenience checks to 
you that may be drawn on Your Account. Convenience checks 
may not be used to make a payment on your account.
•  Convenience checks when written are considered cash  
  advances  and  would  be  assessed  the  stated  cash  
  advance fee per check.

•  Interest on convenience checks will begin to accrue as  
  of the date of the advance.

•  The Credit Union reserves the right to return any check  
  not written for at least the minimum amounts shown on  

the check.

•  The following fees would apply for convenience checks:

-Return check - $20.00
-Check copy - $2.50
-Stop payment - $25.00 per request

7. The minimum periodic payment required is the total New 
Balance as shown on your monthly account statement
if the amount is under $10.00. If the New Balance exceeds 
$10.00, the minimum periodic payment is 3% of that portion 
of the New Balance which does not exceed your credit limit, 
plus the entire portion of the New Balance in excess of your 
credit limit, plus any amount past due, or $10.00, whichever 
is greater.

8.  You  promise  to  pay  any  and  all  charges  by  you  or  any 
person whom you authorized to use the credit card issued 
to you.

9.  You  also  agree  to  pay  all  costs  incurred  by  the  Credit 
Union in collecting your indebtedness or in enforcing this
Agreement, including attorney’s fees or 10% of the unpaid 
balance or such greater amount as may be reasonable and 
just,  and  also  those  costs,  expenses  and  attorney’s  fees 
incurred in appellate proceedings.

10. You understand and agree that the Credit Union has the 
authority to impress and enforce a statutory lien on all
present  and  future  shares  in  your  name  to  the  extent  of 
that  portion  of  the  loan  balance  which  may  be  in  default, 
including cost of collection and reasonable attorney’s fees. 
Further  you  hereby  expressly  agree  and  consent  that  the 
Credit  Union  may  apply  such  shares  in  payment  of  that 
portion of the loan balance which may be in default under 

this  Agreement  which  may  include  a  FINANCE  CHARGE, 
including  other  charges,  and  that  such  application  may 
be  pursuant  to  such  a  pledge  or  as  a  right  of  offset,  and 
can be exercised without further notice to you. If you have 
any loans with the Credit Union, or take out other loans in 
the  future, collateral  securing  those loans  will  also  secure 
your  obligation  under  this  Agreement.  However,  unless 
you  expressly  agree  otherwise,  your  primary  dwelling  will 
not  secure  your  obligation  under  this  Agreement  even  if 
the  Credit  Union  has  or  later  acquires  a  mortgage  on  the 
dwelling.

11.  As  a  holder  of  a  credit  card,  you  understand  that  you 
can  repay  any  outstanding  balance  prior  to  maturity  in 
whole or part at your option without penalty. If Promotional 
Balance(s)  exists,  we  may  allocate  all  of  the  minimum 
monthly payments to the promotional balance(s) before the 
non-promotional balance(s). 

12. Foreign transactions conducted in a foreign currency will 
be converted to a U.S. dollar amount. Currently, the
conversion rate used to determine the transaction amount 
in U.S. dollars for such a transaction generally will be either 
the government mandated rate or a wholesale rate for the 
processing  cycle  in  which  the  transaction  is  processed, 
increased by an adjustment factor established from time to 
time. The currency conversion rate used on the processing 
date  may  differ  from  the  rate  that  would  have  been  used 
on the purchase date or cardholder statement posting date.

13.  The  Credit  Union  is  not  responsible  for  the  refusal  or 
failure of any merchant, bank or automated equipment to
honor or accept your credit card. Except as indicated in the 
Billing Rights Summary on Page 7, the Credit Union is not
responsible  for  any  goods  or  services  you  purchase  with 
your credit card and you must resolve all disputes directly 
with the merchant.

14. You authorize the Credit Union to pay for your account, 
all items reflecting purchases or cash advances made with 
your credit card in spite of the absence of your signature on 
a  draft  or  the  lack  of  your presentation  of  the  credit card. 
By giving your credit card to someone else, you authorize all 
purchases and cash advances made by the person until you 
have notified us that further transactions are unauthorized.

15. Prior to your use of the credit card that may be issued, 
you agree to comply with all of the terms and conditions
established  by  the  Credit  Union’s  Board  of  Directors 
pertaining to the use of such credit card. In the event you do
not wish to comply with the foregoing terms and conditions 
for  any  reason,  you  may  terminate  this  Agreement  and 
return the credit card to the Credit Union.

16. You acknowledge and agree that the Credit Union may 
terminate this Agreement under the following conditions: 

(a) upon adverse reevaluation of your creditworthiness, 
(b) upon your failure to satisfy the terms of this agreement, 
or 
(c) at your option or at the Credit Union’s option if it has a 
good cause.

17. If your line of credit is terminated by the Credit Union, you 
shall receive written notice of such termination; however, you 
understand  and  acknowledge  that  such  termination  shall 
not affect your obligation to pay any outstanding balance.

18. You understand that the Credit Union‘s Board of Directors 
may require that your loan file be reviewed periodically, and 
you  hereby  give  your  permission  and  authorize  the  Credit 
Union to investigate and reassess your creditworthiness.

19.  You  understand  that  the  Credit  Union  may  require 
reverification and approval if: (a) the credit limit is increased
or (b) the terms of payment are extended beyond the terms 
of the original Agreement.

20.  You  fully  understand,  acknowledge  and  agree  that 
if  any  loans  become  delinquent  or  past  due,  your  credit 
card  shall  be  revoked  unless  the  Credit  Union  determines 
that  extenuating  circumstances  have  contributed  to  the 
delinquency.  Under  such  circumstances,  the  Credit  Union 
may approve your continued use of the credit card. 

21.  You  understand  that  you  MUST  maintain  your 
membership with Keesler Federal Credit Union to continue
your use of the credit card.

22.  You  agree  and  understand  that  your  credit  card  is 
intended only for legitimate consumer use and may not be 
used for any illegal transaction.

23.  Amendments  to  this  Agreement  and  Changes  to 
Benefits:
a. KFCU may amend and change this Agreement, including 
rates,  by  providing  an  advance  written  notice  of  the 
changes  to  you  when  required  by  law.  However,  we  may 
reduce  charges,  fees  and  rates  without  sending  you  an 
advance notice. 

b. Credit card benefits offered as part of your credit card 
account, such as rewards, may be modified or discontinued 
at any time for any reason. Separate terms and conditions 
apply  to  these  and  other  benefits  associated  with  your 
credit card. 

24. Under the Military Lending Act, the following statement 
applies to covered borrowers:
Federal  law  provides  important  protections  to  members 
of  the  Armed  Forces  and  their  dependents  relating  to 
extensions  of  consumer  credit.  In  general,  the  cost  of 
consumer credit to a member of the Armed Forces and his 
or  her  dependent  may  not  exceed  an  annual  percentage 
rate  of  36  percent.  This  rate  must  include,  as  applicable 

to the credit transaction or account: The costs associated 
with credit insurance premiums, fees for ancillary products 
sold  in  connection  with  the  credit  transactions;  and  any 
application  fee  charged  (other  than  certain  application 
fees for specified credit transactions or accounts); and any 
participation fee charged (other than certain participation 
fees for a credit card account).

FINANCE CHARGE CALCULATION METHODS

The  FINANCE  CHARGE  Calculation  Method  applicable  to 
your  account  for  Cash  Advances  and  Credit  Purchases  of 
Goods and Services that you obtain through the use of your 
credit card is specified below:
METHOD F- To avoid incurring additional FINANCE CHARGE 
on the balance of Cash Advances (and Credit Purchases, if 
this Method F is specified as applicable to Credit Purchases) 
reflected on your statement on or before the Payment Due 
Date the FINANCE CHARGES for a billing cycle are computed 
by  applying  the  monthly  Periodic  Rate  to  the  Average 
Daily  Balance  of  Cash  Advances  (and,  if  applicable  Credit 
Purchases), which is determined by dividing the sum of the 
Daily  Balances  during  the  billing  cycle  by  the  number  of 
days in the cycle, plus applicable Cash Advance Fees. Each 
daily  balance  of  Cash  Advances  (and  if  applicable,  Credit 
Purchases) is determined by adding to the Previous Balance 
of Cash Advances (and, if applicable, Credit Purchases), any
new  Cash  Advances  as  of  the  transaction  date  or  the  first 
day of the billing cycle in which posted, whichever is later, 
(and,  if  applicable,  any  Credit  Purchases  as  posted)  and 
subtracting any payments as received and credits as posted 
to your account, but excluding any unpaid FINANCE CHARGE.

VISA®

 LIABILITY OR UNAUTHORIZED USE

You will not be liable for the unauthorized use of your credit 
card. You must notify: PSCU Financial Services at P.O. Box 
31216, Tampa, FL 33631, in writing or call 1-800-449-7728 
to report any loss, theft or possible unauthorized use.

YOUR BILLING RIGHTS
KEEP THIS NOTICE FOR FUTURE USE

This notice contains important information about your rights 
and our responsibility under the Fair Credit Billing Act.

NOTIFY  US  IN  CASE  OF  ERRORS  OR  QUESTIONS  ABOUT 
YOUR BILL.

If you think your bill is wrong, or if you need more information 
about a transaction on your bill, write us on a separate sheet 
at  the  address  listed  on  your  bill.  Write  to  us  as  soon  as 
possible. We must hear from you no later than 60-days after 
we sent the first bill on which the error or problem appeared. 
You can telephone us, but by doing so will not preserve your 
rights.

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