Paying Interest        Penalty APR and When it AppliesAnnual Percentage Rate (APR) for Purchases, Balance Transfers, and Cash AdvancesTo 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/learnmoreYour 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.For Credit Card Tips from the Consumer Financial Protection Bureau10.95%How Long Will the Penalty APR Apply?: If your APR is increased for this reason, the Penalty APR will apply until you make six consecutive minimum payments when due.This APR may be applied to all advances for your account if you:1)        Make a late payment17.75%Interest Rates and Interest ChargesCOST OF CREDIT: You will pay an Interest CHARGE for all advances made against your Account. Interest CHARGES for cash advances and balance transfers begin to accrue on the date of the advance. New purchases will not incur an Interest CHARGE on the date they are posted to your Account if you have paid the Account in full by the Payment Due Date shown on your previous monthly statement, or if there was no previous balance.The daily periodic rate for all advances made against your Account will be .030027% (10.95% ANNUAL PERCENTAGE RATE (the “Standard Rate”). If at any time a required minimum payment is three or more billing cycles past due, the ANNUAL PERCENTAGE RATE for all advances may be increased to a Penalty Rate daily periodic rate of .048630% (17.75% ANNUAL PERCENTAGE RATE). After the Penalty Rate becomes effective, it will apply both to current and new balances and it may remain in effect indefinitely. If your minimum payments are made as required for six consecutive months starting on or after the next payment due following the Penalty Rate effective date, the Standard Rate for your Account will be restored. A portion of the INTEREST CHARGE is determined by applying the applicable daily periodic rate to the Average Daily Balance of your Account for each feature category, including certain current transactions. Feature categories include purchases, balance transfers, and cash advances. The Average Daily Balance is arrived at by taking the beginning balance of each feature category each day and adding any new transactions to the balance, except if you have paid your Account in full by the Payment Due Date shown on the previous monthly statement or there is no previous balance, new purchases are not added to the purchases balance. Balance transfers may be shown on your statement in the Promotions feature category. When determining balances, we may combine feature category balances that have the same periodic rate and other INTEREST CHARGE terms. We then subtract any payments or credits and unpaid INTEREST CHARGES allocated to the feature category balance for the day. This gives us the daily balance for the feature category. The daily balances for each feature category are then added together and divided by the number of days in the billing cycle. The result is the Average Daily Balance for each feature category. The periodic INTEREST CHARGE is determined by multiplying each feature category Average Daily Balance by the number of days in the billing cycle and applying the applicable daily periodic rate to the product. The total INTEREST CHARGE for each statement period is the sum of the periodic INTEREST CHARGES for each feature category plus any non-periodic INTEREST CHARGES.No additional Interest CHARGES will be imposed on new purchases shown on your statement if the New Balance shown on the statement is paid in full by the Payment Due Date reflected on the statement.  The Payment Due Date is not less than 25 days from the billing cycle closing date shown on your statement. LATE PAYMENT FEE: If we do not receive your required Minimum Payment within 10 days of the Payment Due Date, you may be charged a Late Payment Fee of 5% of the Minimum Payment due or $25, whichever is less.  RETURNED PAYMENT FEE: If any payment made on your Account is returned unpaid for any reason, you will be charged a Returned Payment Fee or the amount equal to your required Minimum Payment, whichever is less. The Returned Payment Fee will apply when any payment is returned to us, even if the payment is honored upon resubmission.Account Opening DisclosuresSupplement to Credit Card Agreement for Secured AccountsEducation Credit UnionPenalty FeesTransactions FeesAnnual FeeNoneUp to $20Up to $20Interest Rates and Interest ChargesLate PaymentReturned PaymentUp to 1% of each transaction in U.S. dollars.Foreign TransactionHow We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” See below for more details.Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided below.Truth in Lending Disclosures...OTHER FEES:  Ez Pay (telephone assisted expedited payment service): $10 per paymentReplacement Card Fee:  $7.50SECURITY: YOU SPECIFICALLY GRANT US A CONSENSUAL SECURITY INTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVE WITH THE CREDIT UNION NOW AND IN THE FUTURE TO SECURE REPAYMENT OF CREDIT EXTENSIONS MADE UNDER THIS AGREEMENT. THE GRANTING OF THIS SECURITYINTEREST IS A CONDITION FOR THE ISSUANCE OF ANY CARD WHICH YOU MAY USE, DIRECTLY OR INDIRECTLY, TO OBTAIN EXTENSIONS OF CREDIT UNDER THIS AGREEMENT. Shares and deposits in an Individual Retirement Account or any other account that would lose special tax treatment under state or federal law if given as security are not subject to the security interest you are giving.ADDITIONAL SECURITY: If you have other loans with us, now or in the future, collateral securing those loans may also secure your obligations under this Agreement. Please read any security agreement you sign in order to determine if the collateral also secures your obligations under this Agreement and other agreements you have with us.Foreign Transaction Fee: Up to 1% of the transaction amount in U.S. dollars. Convenience Check Fees:Stop Payment:Copy of Check:Non-Sufficient Funds (insufficient credit limit):$20 per check$20 per check$20 per return..Your Billing Rights: Keep this Document for Future UseThis 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 StatementIf you think there is an error on your statement, write to us at:Education Credit Unionc/o Card Processing CenterP.O. Box 815909Dallas, TX 75381In your letter, give us the following information:Your Rights if You are Dissatisfied with Your Credit Card PurchasesIf 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:Education Credit Unionc/o Card Processing CenterP.O. Box 815909Dallas, TX 75381While 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.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 statement 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 statement. 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.After we finish our investigation, one of two things will happen: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.While we investigate whether or not there has been an error: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 your statement is correct.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 LetterWhen we receive your letter, we must do two things: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 contact us: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 statement, describe what you believe is wrong and why you believe it is a mistake..........