WHERE SMART PEOPLE KEEP THEIR 
MONEY 

VISA CREDIT CARD AGREEMENT 

In this Agreement the words "you" and "your" mean each and all of those who agree to be 
bound by this Agreement; "Card" means the VISA credit card and any duplicates, renewals, 
or substitutions the Credit Union issues to you; "Account" means your VISA credit card line 
of credit account with the Credit Union, and "Credit Union" means the Credit Union whose 
name  appears  on  this  Agreement  or  anyone  to  whom  the  Credit  Union  transfers  this 
Agreement. 

1. Using Your Account. If you are approved for an Account, the Credit Union will establish 
a line of credit for you and notify you of your credit limit. You agree that your credit limit is 
the  maximum  amount  (purchases,  cash  advances,  finance  charges,  plus  "other  charges") 
that you will have outstanding on your Account at any time. If you are over your credit limit, 
you  must  pay  the  amount  you  are  over  before  payments  will  begin  to  restore  your  credit 
limit.  You  may  request  an  increase  in  your  credit  limit  only  by  a  method  acceptable  to  the 
Credit Union. The Credit Union has the right to reduce your credit limit, refuse to make an 
advance and/or terminate your Account at any time for any reason not prohibited by law. 

2.  Using  Your  Card.  You  may  use  your  Card  to  make  purchases  from  merchants  and 
others who accept VISA Cards. However, you may not use your Card to initiate any type of 
electronic gambling transaction through the Internet. A VISA card may not be used for any 
illegal transaction(s). Consult your legal counsel to determine the legality of specific online 
gambling transactions. If you wish to pay for goods or services over the Internet, you may 
be  required  to  provide  card  member  security  information  before  you  will  be  permitted  to 
complete the transaction. In addition, you may obtain cash advances from the Credit Union 
and from other financial institutions that accept VISA Cards, and from some automated teller 
machines  (ATMs).  (Not  all  ATMs  accept  VISA  Cards.)  To  obtain  cash  advances  from  an 
ATM,  you  must  use  the  Personal  Identification  Number  (PIN)  that  is  issued  to  you  for  use 
with your Card. 

3.  Responsibility.  You  agree  to  pay  all  charges  (purchases  and  cash  advances)  to  your 
Account that are made by you or anyone whom you authorize to use your Account. You also 
agree to pay all finance charges and other charges added to your Account under the terms 
of  this  Agreement  or  another  agreement  you  made  with  the  Credit  Union.  If  this  is  a  joint 
Account, Section 17 below also applies to your Account. 

4. Finance Charges. FINANCE CHARGES on your Account are calculated by applying the 
applicable  monthly  Periodic  Rate  to  the  average  daily  balances  for  Purchases  and  Cash 
Advances.    Separate  average  daily  balances  are  calculated  for  Purchases  and  Cash 
Advances. Your monthly Periodic Rate and corresponding ANNUAL PERCENTAGE RATE 
for  Purchases,  Balance  Transfers  and  Cash  Advances  are  as  set  forth  in  the  Account 
Opening Disclosure provided to you at the time of the delivery of this Agreement, the terms 
of which are incorporated herein by reference. 

To get each average daily balance, the daily balances for Purchases and Cash Advances 
for the billing cycle are added and the totals are divided by the number of days in the cycle.  
To  get  the  daily  balance  for  Cash  Advances,  new  Cash  Advances  are  added  to  the  day's 
beginning balance and payments, credits and any unpaid interest or other finance charges 
are  subtracted.    To  get  the  daily  balance  for  Purchases,  new  Purchases  are  added  to  the 
day's  beginning  balance  and  payments,  credits  and  any  unpaid  interest  or  other  finance 
charges are subtracted; however, new Purchases are not added if you paid the entire New 
Balance for Purchases on your last statement by the end of the grace period or if you did 
not have a Purchase balance on your last statement.  

Cash Advances -The FINANCE CHARGE on Cash Advances is calculated in accordance 
with  the  following  method:  A  Finance  charge  will  be  imposed  on  Cash  Advances  from  the 
date  made  or  from  the  first  day  in  which  the  Cash  Advance  is  posted  to  your  account, 
whichever  is  later,  and  will  continue  to  accrue  on  the  average  daily  balance  of  such  Cash 
Advances until the balance is paid in full. There is no grace period on Cash Advances. 

Purchases  -The  FINANCE  CHARGE  on  Purchases  is  calculated  in  accordance  with  the 
following method: A FINANCE CHARGE will be imposed on Purchases only if you elect not 
to  pay  the  entire  New  Balance  shown  on  your  monthly  statement  for  the  previous  billing 
cycle within twenty five (25) days from the closing date of that statement.  

If  you  elect  to  pay  less  than  the  entire  New  Balance  shown  on  your  previous  monthly 
statement within that twenty five (25) day period, a Finance Charge will be imposed on the 
average daily balance of such Purchases from the previous statement closing date and on 
new Purchases from the date of posting to your account during the current billing cycle, and 
will continue to accrue until the closing date of the previous statement closing date and on 
new Purchases from the date of posting to your account during the current billing cycle, and 
will continue to accrue until the closing date of the billing cycle preceding the date on which 
the entire New Balance is paid in full or until the date of payment if more than twenty five 
(25) days from the closing date. 

Balance Transfers – Balance transfers, as permitted by Credit Union from time to time in 
Credit  Union’s  sole  discretion,  will  be  treated  as  Cash  Advances  for  the  purpose  of  all 
FINANCE CHARGES. 

5.  Other  Charges.  The  following  other  charges  (fees)  will  be  added  to  your  Account,  as 
applicable: 

a.  Over-the-Credit-Limit  Fee:  An  over-the-limit  fee  will  not  be  imposed.    In  the  event 
you incur charges in amounts which shall cause the account indebtedness to exceed 
the authorized credit limit by 1%, you shall pay immediately the amount by which the 
total New Balance exceeds such maximum authorized credit. 

b.  Late  Payment  Fee:  If  a  payment  of  at  least  the  amount  of  the  minimum  required       
payment  is  not  received  within  five  (5)  days  of  the  Due  Date  or  cycle  whichever 
comes first, a late charge in the amount of $25.00 shall be imposed.  In no event will 
your Late Payment Fee exceed the amount of your minimum payment due. 

c. Return Check /Return Pre-Authorized Payments Fee: If you make any payment on 
your  Account  with  a  check  or  fraft  or  through  a  pre-authorized  payment,  and  that 
check, draft or pre-authorized payment is returned to the Credit Union unpaid for any 
reason, your Account will be charged a fee equal to the lesser of $25 or the required 
minimum  payment.    In  no  event  will  your  Return  Check/Return  Pre-Authorized 
Payments Fee exceed the amount of your minimum payment due immediately prior 
to the date on which the payment was returned. 

d. Card Replacement Fee: In the event any additional or replacement cards are issued 
for  any  reason  other  than  the  issuance  of  a  renewal  card,  a  fee  in  the  amount    of 
$5.00 may be imposed. 

e. Collection Costs: Cardholder agrees to pay all costs incurred by issuer in collecting 
cardholder’s  indebtedness  or  in  enforcing  this  Agreement,  including  attorneys’  fees 
and costs, as well as those costs, expenses and attorneys’ fees incurred in appellate, 
bankruptcy, and post-judgment proceedings, except to the extent such costs, fees, or 
expenses are prohibited by law. 

f.  Balance Consolidation/Convenience Check Stop Payment Fee: $25.00. 
g. Rush Mail Fee: (Priority Handling) $25.00. 
h. Cash Advance Transaction Fee:  A cash advance transaction fee will not be 
     imposed.  Your cash advance limit will be up to 50% of your total credit limit.  

6.  Payments.  Each  month  you  must  pay  at  least  the  minimum  payment  shown  on  your 
statement by the date specified on the statement or no later than twenty-five (25) days from 
the statement closing date, whichever is later. If your statement says the payment is "Now 
Due,"  your  payment  is  due  no  later  than  twenty-five  (25)  days  from  the  statement  closing 
date. You may pay more frequently, pay more than the minimum payment or pay the Total 
New Balance in full. If you make extra or larger payments, you are still required to make at 
least  the  minimum  payment  each  month  your  Account  has  a  balance  (other  than  a  credit 
balance). The minimum payment is 2% of your Total New Balance, or $10.00, whichever is 
greater, plus the amount of any prior minimum payments that you have not made, and any 
amount  you  are  over  your  credit  limit.  The  Credit  Union  also  has  the  right  to  demand 
immediate payment of any amount by which you are over your credit limit. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                 
7. Payment Allocation. Subject to applicable law, your payments may be applied to what 
you owe the Credit Union in any manner the Credit Union chooses.   

8.  Security  Interest.  AS  A  CONDITION  OF  CREDIT  UNION’S  OPENING  YOUR 
ACCOUNT AND YOUR USE OF THIS CARD, YOU HEREBY GRANT TO CREDIT UNION 
A  SECURITY  INTEREST  IN  ALL  SHARES,  DEPOSITS  AND  OTHER  FUNDS  ON 
DEPOSIT  WITH  CREDIT  UNION  IN  WHICH  YOU  HAVE  AN  OWNERSHIP  INTEREST 
(other than an IRA account where this security interest would cause the loss of tax-
exempt  or  tax-deferred  status).  THE  SECURITY  INTEREST  IS  FOR  ALL  AMOUNTS 
OWED TO CREDIT UNION UNDER THE TERMS OF THIS AGREEMENT. IF YOU ARE IN 
DEFAULT UNDER ANY TERM OF THIS AGREEMENT, CREDIT UNION SHALL HAVE A 
RIGHT TO IMMEDIATELY SEIZE YOUR SHARES, DEPOSITS AND/OR OTHER FUNDS 
WITHOUT  NOTICE  OR  DEMAND  TO  YOU  AND  TO  APPLY  SUCH  FUNDS  TO  THE 
AMOUNTS  OWED  TO  CREDIT  UNION.  Collateral  securing  other  loans  you  have  with   
Credit  Union  now  or  in  the  future  will  also  secure  this  loan,  except  that  a  dwelling  or  your 
household goods (as defined by the Federal Trade Commission) will not be considered as 
security for this Account, notwithstanding anything to the contrary in any other agreement.  

9. Default. You will be in default if you fail to make any minimum payment or other required 
payment by the date that it is due. You will be in default if you break any promise you make 
under  this  Agreement.  You  will  be  in  default  if  you  die,  file  for  bankruptcy  or  become 
insolvent,  that  is,  unable  to  pay  your  obligations  when  they  become  due.  You  will  be  in 
default  if  you  make  any  false  or  misleading  statements  in  any  credit  application  or  credit 
update. You will also be in default if something happens that the Credit Union believes may 
substantially reduce your ability to repay what you owe. 

When you are in default, the Credit Union has the right to demand immediate payment of 
your full Account balance without giving you notice. If immediate payment is demanded, you 
agree to continue paying finance charges, at the periodic rate charged before default, until 
what you owe has been paid, and any shares that were given as security for your Account 
may be applied towards what you owe. 

In the event that any suit is filed against the Credit Union with respect to this Agreement, or 
any credit card issued under this Agreement, the suit shall only be brought in the courts of 
the state of Florida. 

10. Liability for Unauthorized Use-Lost/Stolen Card Notification. You agree to notify us 
immediately,  orally  or  in  writing  at  P.O.  Box  11904,  Tampa,  FL  33680  or  telephone  (800) 
645-7728  twenty  four  (24)  hours  a  day,  seven  (7)  days  a  week,  of  the  loss,  theft,  or 
unauthorized use of your Credit Card. You may be liable for the unauthorized use of your 
Credit Card. You will not be liable for unauthorized use that occurs after you notify us of the 
loss,  theft,  or  possible  unauthorized  use.  You  will  have  no  liability  for  unauthorized 
purchases made with your credit card, unless you are grossly negligent in the handling of 
your card. In any case, your liability will not exceed $50. 

11. Changing or Terminating Your Account. The Credit Union may change the terms of 
this  Agreement  from  time  to  time.  Notice  of  any  change  will  be  given  in  accordance  with 
applicable law. If permitted by law and specified in the notice to you, the change will apply 
to your existing Account balance as well as to future transactions. 

Either you or the Credit Union may terminate this Agreement at any time, but termination by 
you or the Credit Union will not affect your obligation to pay the Account balance plus any 
finance and other charges you owe under this Agreement. You are also responsible for all 
transactions  made  to  your  Account  after  termination,  unless  the  transactions  were 
unauthorized.  

The  Card  or  Cards  you  receive  remain  the  property  of  the  Credit  Union  and  you  must 
recover and surrender to the Credit Union all Cards upon request or upon termination of this 
Agreement whether by you or the Credit Union. If and to the extent permitted by applicable 
law,  the  Credit  Union  has  the  right  to  require  you  to  pay  your  full  Account  balance  at  any 
time after your Account is terminated, whether it is terminated by you or the Credit Union. If 
this  is  a  joint  Account,  Section  17  of  this  Agreement  also  applies  to  termination  of  the 
account. 

12. Credit Information. You authorize the Credit Union to investigate your credit standing 
when  opening  or  reviewing  your  Account.  You  authorize  the  Credit  Union  to  disclose 
information regarding your Account to credit bureaus and creditors who inquire about your 
credit  standing.  If  your  account  is  eligible  for  emergency  cash  and/or  emergency  card 
replacement  services,  and  you  request  such  services,  you  agree  that  we  may  provide 
personal information about you and your account that is necessary to provide you with the 
requested services(s). 

13.  Merchant  Disputes:  Returns  and  Adjustments.  The  Credit  Union  is  not  responsible 
for  the  refusal  of  any  merchant  or  financial  institution  to  honor  your  Card.    Merchants  and 
others who honor your Card may give credit for returns or adjustments, and they will do so 
by sending the Credit Union a credit slip which will be posted to your Account. If your credits 
and  payments  exceed  what  you  owe  the  Credit  Union,  the  amount  will  be  applied  against 
future purchases and cash advances. If the credit balance amount is $1 or more, it will be 
refunded upon your written request or automatically after three (3) months. 

14.  Additional  Benefits/Card  Enhancements.  The  Credit  Union  may  from  time  to  time 
offer additional services to your Account, such as travel accident insurance, at no additional 
cost to you. You understand that the Credit Union is not obligated to offer such services and 
may withdraw or change them at any time. 

15.  Foreign  Transactions.  Transactions  initiated  in  foreign  countries  and/or  foreign 
currencies will be charged to your Account in U.S. Dollars. The conversion rate to dollars will 
be  (a)  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  (b)  the  government-mandated  rate  in  effect  for  the  applicable  central 
processing date, in each of the above instances, plus 1%.  The conversion rate used on the 
date the foreign transaction is processed may differ from the rate that would have been used 
on the date of the purchase and/or the transaction posting date. 

16.  Severability.    In  the  event  that  any  paragraph  of  this  Agreement  or  portion  thereof  is 
held  by  a  court  to  be  invalid  or  unenforceable  for  any  reason,  the  other  paragraphs  and 
portions of the Agreement shall not be invalid or unenforceable and will continue in full force 
and effect. 

17. Governing Law.  This Agreement is governed by the Bylaws of the Credit Union, federal 
laws and regulations, and the laws and regulations of the State of Florida, as amended from 
time to time. 

18.  Dispute  Resolution.    Any  disputes  regarding  this  Agreement  shall  be  within  the 
jurisdiction  of  the  court  of  the  county  in  which  Credit  Union’s  principal  place  of  doing 
business  is  located.    If  legal  action  is  necessary  to  enforce  this  Agreement  or  collect  any 
amounts  owing  to  Credit  Union  or  fees  or  charges  assessed  under  this  Agreement,  Credit 
Union has the right, subject to applicable law, to payment by you of all attorney’s fees and 
costs,  including  fees  on  any  appeal  and  any  post-judgment  actions.    You  agree  that  such 
legal action may be filed and heard in the count and state in which Credit Union’s principal 
place of doing business is located, if allowed by applicable law. 

19.  Joint  Accounts.  If  this  is  a  joint  Account,  each  person  on  the  Account  must  sign  the 
Agreement  (by  signing  on  the  application).  Each  of  you  will  be  individually  and  jointly 
responsible for paying all amounts owed under this Agreement. This means that the Credit 
Union  can  require  any  one  of  you  individually  to  repay  the  entire  amount  owed  under  this 
Agreement.  Each  of  you  authorizes  the  other(s)  to  make  purchases  or  cash  advances 
individually. Any one of you may terminate the Account and the termination will be effective 
as to all of you. 

20. Effect of Agreement. This Agreement is the contract which applies to all transactions 
on  your  Account  even  though  the  sales,  cash  advances,  credit  or  other  slips  you  sign  or 
receive may contain different terms. 

21. No Waiver. The Credit Union can delay enforcing any of its rights any number of times 
without losing them. 

22.  Statements  and  Notices.  Statements  and  notices  will  be  mailed  to  you  at  the  most 
recent  address  you  have  given  the  Credit  Union.  Notice  sent  to  any  one  of  you  will  be 
considered notice to all. 

23. Final Expression. This Agreement is the final expression of the terms and conditions of 
this VISA line of credit between you and the Credit Union. This written Agreement may not 
be contradicted by evidence of any alleged oral agreement. 

24. Copy Received. You acknowledge that you have received a copy of this Agreement.  

Revised 03/12/12