FN21.65V-D-0717(AFTI)

Interest Rates and Interest Charges
Annual Percentage Rate (APR)
for Purchases
APR for Cash Advances
How to Avoid Paying Interest 
on Transactions

Minimum Interest Charge
For Credit Card Tips from 
the Consumer Financial 
Protection Bureau

Fees

Set-up and Maintenance Fees

25.90% This APR will vary with the market based on the Prime Rate.
25.90%  This APR will vary with the market based on the Prime Rate. 
Your due date is at least 25 days after the close of each billing cycle. We will not 
charge you interest on transactions if you pay your entire balance by the due date 
each month.
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

NOTICE:  Some  of  these  set-up  and  maintenance  fees  will  be  assessed  before 
you begin using your card and will reduce the amount of credit you initially have 
available. For example, if you are assigned the minimum credit limit of $350, your 
initial available credit will be only about $275 (or about $255 if you choose to have 
an authorized user).

  Annual Fee
  Authorized User Fee

Transaction Fees
  Cash Advance

Penalty Fees
  Late Payment
  Returned Payment

$75
$20 annually (if applicable)

2% of each cash advance

Up to $25
Up to $25

How We Will Calculate Your Balance: We use a method called “ending balance”. We figure the interest charge on your 
Account by applying the periodic rate to the amount you owe at the end of each billing cycle (including new purchases, cash 
advances and fees) and deducting payments and credits made during the billing cycle.  

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in Paragraph
15 of this Contract.

 
 
Terms and Conditions
Legacy Visa Credit Card Important Information: Please take the time to read and save. 

PRESCREEN & OPT-OUT NOTICE: You were selected for this “prescreened” offer of credit because the credit 
bureau gave us your name and address and indicated that you met our minimum credit criteria (the way you 
maintain your other credit cards and/or loans). If you do not want to be included on marketing lists you can tell 
the  credit  bureaus  to  stop  using your  credit  information  for  this  purpose.  To  make  this  request,  you  need  to 
notify the credit bureaus at: Experian, DMA Mail Preference Service, P.O. Box 643, Carmel, NY 10512; Equifax 
Options, P.O. Box 740123, Atlanta, GA 30374-0123; Trans Union Opt-Out Request, P.O. Box 505, Woodlyn, PA, 
19094-0505, or call 1-888-567-8688.

Conditions Of This Pre-Approved Offer: You must: 1) be a resident of the United States; 2) accept this offer on or 
before the REPLY BY DATE printed on the application; 3) continue to meet our minimum credit criteria; 4) provide 
information on your application that can confirm your income and that you are 18 years old or older; 5) meet our 
debt-to-income requirements; and 6) NOT have any other credit card issued by First National Credit Card. This offer 
is not available to active duty military personnel and their dependents who are covered borrowers (as defined in 32 
C.F.R. 232.3) under the Military Lending Act.

Important Information About Procedures For Opening a New Account: To help the government fight the funding of 
terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information 
that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your 
name, address, date of birth and other information that will allow us to identify you.

Qualify For Future Unsecured Credit: Initially, you will be issued a Visa® with at least a $350 credit limit, up to a maximum 
of  $1,500.  If  you  make  all  your  payments  on  time,  meet  our  debt-to-income  requirements,  keep  your  account  in  good 
standing and maintain your credit profile, you may be eligible to receive future credit limit increases.

Privacy: Financial companies choose how they share your personal information. Federal law gives consumers the right to limit 
some but not all sharing. All financial companies need to share customers’ personal information to run their everyday business. 
We do not share your personal information except as permitted by law to process your transactions, maintain your account(s), 
respond to court orders and legal investigations, to report to credit bureaus, or to offer our products and services to you. We 
will provide a complete privacy notice when your account is approved. If you would like a copy of our privacy notice, you may 
obtain one by visiting our website at www.firstnationalcc.com.

Electronic Communication: By providing your email address, you are authorizing us to communicate with you at this email 
address.

Authorization / Notices: By accepting this offer, you are requesting credit from us. You confirm that all information you 
provide to us is true and correct.

Credit Reports: By responding to this offer, you are authorizing us to obtain credit reports about you, both now and in the 
future, for any legitimate business purpose associated with the account or request for an account, including but not limited 
to reviewing, modifying, renewing or collecting on your account. We may report information about your account to credit 
bureaus. Late payments, missed payments, or other defaults on your account may be reflected on your credit report. You 
and each authorized user agree that we may report account information to credit reporting agencies in the names of both 
you and the authorized user(s).

Optional PREMIUM Club Membership: This optional program offers participants access to an online shopping mall with cash 
back rewards, lost key protection and prescription, hotel and rental car discounts.  The cost of this program is $4.95 per month and 
is included on your billing statement.  Should you want to cancel, call customer service or write to the PREMIUM Club.  Enrolling 
or using the services, products or discounts of the PREMIUM Club signifies your acceptance of the membership and associated 
fee.  This program is offered and administered by CAPITAL Enhancement Services, LLC.  The PREMIUM Club is a service 
mark of CAPITAL Enhancement Services, LLC.  All rights reserved.  ©Copyright 2017, CAPITAL Enhancement Services, LLC. 

Optional Payment Protection Plan Disclosure Terms: Payment Protection Plan is an optional program offered by First 
National Bank to eligible credit card members.  Whether or not you purchase the Payment Protection Plan will not 
affect  your  application  for  credit  or  the  terms  of  any  existing  credit  agreement  you  have  with  the  bank.    Upon 
enrollment, we will give you additional information before you are required to pay for the Payment Protection Plan.  This 
information will include an addendum to your First National Bank Credit Card contract that fully describes the program’s 
features and benefits.  Please read it carefully for a full explanation of terms including eligibility requirements, conditions 
and exclusions that could prevent you from receiving benefits and defines your cancellation rights.  You may cancel your 
Payment Protection at any time and, if you cancel within the first 30 days, any fees charged will be refunded.  Your monthly 
cost is $.89 per $100 of outstanding balance.  Payment Protection Plan fees will be automatically charged to your account 
each month.  
Benefits are limited to the minimum monthly payments as of your date of unemployment, disability, hospitalization, military 
leave, certified family medical leave or jury duty up to a maximum of $5,000, or your balance as of your date of death up to 
a maximum of $5,000.  You must be enrolled in the Payment Protection Plan for at least 30 days before your claim occurs.  
While receiving benefits, you will be unable to make any new charges or cash advances on your credit card.  There is a 
120-day wait period between qualified events.  Unemployment, disability and military leave benefits cover your minimum 
monthly payment up to 18 months per event.  To qualify for unemployment and disability protection, you must work at least 
30 hours per week for at least 6 months before the loss.  Disability coverage excludes pre-existing conditions for 12 months 

prior to enrollment, excludes normal pregnancy and excludes childbirth. Military leave applies if you are called to active duty.  
Hospitalization benefits cover one minimum monthly payment per event.  Certified family medical leave consists of caring 
for a family member with a serious medical condition, caring for a newborn or caring for an adopted child. Certified family 
medical leave and jury duty benefits cover your minimum monthly payment up to 3 months per event.  
First National Bank may cancel the Payment Protection Plan at any time including, but not limited to, if the account is in 
default, discharged or terminated, or if you have received the $5,000 maximum benefit.  The amount of protection under this 
contract has limits and may not cancel your entire balance or entire monthly payment.  You are responsible for any amounts 
past due or any amounts over your credit limit before your date of loss.

Credit Card Contract and Initial Disclosure Statement 
Please read this contract carefully. Your credit card account is governed by this contract. You become bound by the terms of 
this contract when you sign your application. In the contract, “bank,” “we,” “our” and “us” refer to First National Bank (Ft. Pierre, 
SD) and we are the creditor named in the application you signed. “You,” “your” and “applicant” are the person(s) who applied 
to us for the account. “Contract” means the terms and conditions outlined in this contract. “Account” means the credit card 
account we open for you to use to access the credit we extend to you. “Credit limit” means the maximum account balance you 
can have at any time.

1.  Your Responsibility for the Account: You are responsible for the balance on the account and you agree to pay the 
balance under the terms of this contract. You need to sign the back of the card. You need to protect and control the card 
by not letting any other person use it. If you let another person use it, you agree to be responsible for any charges they 
make. We may let you add an authorized user to your account. An authorized user is any person you give permission to 
use the card or your account. If you add an authorized user, you agree to pay for any charges they make as well as any 
related fees or interest. If you do not pay for the charges made by the authorized user, we may choose to collect directly 
from them. If you want to remove an authorized user from your account, you need to get the card from them and notify 
us. If you cannot get the card, contact us immediately and we will close the account to try to stop further charges. The 
cards remain our property and you agree to return them at our request or we have the right to have a merchant keep the 
card and return it to us. If your card is lost or stolen or you suspect unauthorized use of your account, you agree to notify 
us immediately.

2.  Using Your Account to Obtain Credit: You can use the card and your account to make charges. We can close or 
suspend the account at any time for any reason including if the activity on your account appears suspicious, if we are 
concerned about repayment or if the balance is over the credit limit. We can also limit the number or amount of charges 
you can make on the account. You may be assigned a PIN (Personal Identification Number) or you may request a PIN 
to use ATM’s to obtain cash advances. The minimum cash advance is $20.00. Your card and account cannot be used for 
illegal charges. You may not use your card in connection with any gambling transaction (whether legal or illegal).

3.  Your Credit Limit: The credit limit is included in the information sent with your card and on your statements. You may 
not go over your credit limit at any time. If your balance is more than your credit limit, you must pay the amount over your 
credit limit immediately. 

4.  Monthly Billing Statements: We will send you a statement every month with the account activity, fees and interest. It 

will also show your minimum payment and payment due date.

5.  Payments: Payments should be sent to the address on the payment coupon with your billing statement. If you send a 
payment to any other address, there may be a delay in crediting it to your account. We do not lose any of our rights to 
collect the full balance if we accept late payments, partial payments or checks or money orders marked “payment in full” 
or similar language. Do not send us postdated checks. If you do, we may deposit these checks when we receive them 
and will not be liable for any fees that may result. We will post payments when received but we may restrict your ability to 
make new charges against that payment amount for up to thirty (30) days. If your payment is returned unpaid from your 
bank, we may re-present it electronically. If this occurs, your check will not be sent to your bank but they can get a copy 
of it at your request. 

6.  Minimum Payment and Monthly Payment: You may pay your entire balance at any time without penalty. You must pay 
at least the minimum payment each month by the payment due date. The payment due date will be at least twenty-five 
(25) days from the closing date. The closing date is the last day of the billing cycle.
Monthly Payment: If your balance is less than $30, the monthly payment is the balance. If your balance is greater than 
$30, your monthly payment is the largest amount of either $30 or 4% of your balance or 1% of the balance plus the 
current late fee and interest. 
Minimum  Payment: The  minimum  payment  is  the  sum  of  any  past  due  monthly  payments  plus  the  current  monthly 
payment plus any amount over your credit limit.

7.  Applying Your Payments: In general, the payment will be applied in the following order: Unpaid interest, unpaid fees 
and other charges, and then principal balance. Payments applied to the principal balance will first be paid to balances at 
the highest annual percentage rate (APR) and then to balances at lower APRs.

8.  Payment Methods: All payments must be made in U.S. dollars and drawn on a financial institution located in the United 

States. Do not send cash through the mail. 

9.  When Interest is Charged: Interest will be charged if you did not pay the previous balance in full by the payment due 
date. We will charge interest on the ending balance. Ending balance means the balance on your account at the end 
of any billing cycle. Billing cycle means the time between two billing statements. The ending balance is the sum of the 
previous balance (the ending balance on your last statement) less payments and credits, plus new purchases and new 
cash advances and charges posted during the billing cycle. To calculate the interest, we multiply the ending balance 
by the monthly periodic rate.  The monthly periodic rate is calculated by dividing the annual percentage rate (currently 
25.90%, which is the prime rate plus 21.65%) by 12 (months).  The monthly periodic rate is 2.1583%. 

 
The Prime Rate is determined by using the “Money Rates” column in the Wall Street Journal on the first business day 
of each month, which is identified as “The base rate on corporate loans at large, U.S. money center commercial banks.” 
If more than one “Prime Rate” is listed in that column, the largest rate listed will be used. Your APR may increase or 
decrease if the Prime Rate changes. 

10. Account Fees: You agree to pay us the following fees which will be billed to your account as a purchase and will 

accrue interest.
a.  Annual Fee: A $75 annual fee will be billed on your first billing statement and then about the same time each year.
b.  Late Fee: You will be billed up to $25 if your payment is not received by the payment due date. 
c.  Returned Payment Fee:  You will be billed up to $25 if your payment is returned for any reason. 
d.  Cash Advance Fee: You will be billed a fee of 2% of the amount of each cash advance.
e.    Optional Authorized User:  If you add an authorized user, there is a $20 annual authorized user fee.

11.  Lost or Stolen Cards: If your card is lost, stolen or being used without your permission, call us toll free (888) 883-9824, 
24 hours a day. You should also write to us. Do not use the card or account after you have notified us. You will not be 
responsible for paying for any unauthorized use after you notify us of the loss, theft or unauthorized use. 

12.  If Card is Refused: We are not responsible and have no liability if your card or account is not accepted for a charge. 
Although you may have the credit available, we may be unable to authorize credit due to system difficulties or mistakes. 
If your account is over the credit limit or past due, authorization for charges should be declined. 

13.  Cardholder Privacy: We will send you a privacy notice annually. Your telephone calls with our representatives may be 
recorded for quality and other purposes. We may use automated telephone equipment or pre-recorded telephone calls to 
contact you at any number you provide to us or that we obtain, including any cellular telephone number. You agree that 
we will not be responsible for the release of information to anyone who has gained possession of a card or identification 
number, credit account number or social security number. 

14.  Calls and Text Messages to Your Cellular Phone: If you provide us with your cellular phone number or contact us from 
your cellular phone, you are providing this phone number for us, our affiliates or any third party acting on our behalf to 
contact you at this number. You agree that we may use this phone number to contact you for any business purpose about 
your account and you agree to be responsible for any fees or charges you incur as a result of providing this information. 
You may request this number not be used. We may offer options for text messages or other electronic communications 
that  may  be  received  or  accessed  from  your  cellular  phone  and  you  agree  that  by  enrolling  in  these  services,  you 
understand and agree to be responsible for any fees or charges you incur as a result of this enrollment.

15.  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 your statement, write to us at: First 
National Bank, PO Box 5097, Sioux Falls, SD 57117-5097. In your letter, give us the following information: Your name 
and account number; the dollar amount of the suspected error; a description of the 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: 1) Within 60 
days after the error appeared on your statement; and, 2) If you have enrolled in automatic payment, at least 3 business 
days before the 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.
When we receive your letter, we must do two things: 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 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. These limitations do not apply 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: First National Bank, PO Box 5097, Sioux Falls, 
SD 57117-5097. 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.

16.  Delay in Enforcement: We can delay enforcing or fail to enforce any of our rights under this contract without losing our 

right to enforce them at a later time. 

 
 
 
 
 
 
 
17.  Credit Reports: You authorize us to obtain credit reports about you for any legitimate business purpose. We may obtain 
a credit report for reviewing, modifying the terms, renewing the account or collection. We may report information about 
your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected 
in your credit report. You and each authorized user agree that we may report account information to credit reporting 
agencies in the names of both you and the authorized user(s).

18.  Change in Terms of Your Credit Account: We may change any term of this contract at any time upon notice to you as 
is required by law. You may have the right to reject the change in terms, depending on the type of change, and if you do, 
your account will be closed and you will be able to pay off the balance under the terms in effect at that time.

19.  Law Governing this Contract: This contract is entered in the state of South Dakota where the decision to grant credit 
will be made. Therefore, this contract will be governed by the laws of the state of South Dakota applicable to contracts, 
and applicable federal law.

20.  Severability: If any provision of this contract is invalid or unenforceable under any law, rule or regulation, it shall not 

affect the validity or enforceability of any other provision of this contract.

21.  Default: You will be in default of this contract if any of the following occur:

If you do not make a minimum payment on your account on or before the payment due date;
If you die or become legally incompetent;
If you become insolvent or bankrupt;
If you exceed or attempt to exceed your credit limit;
If you provide us with or have provided us with false or misleading information or signatures at any time;
If you fail to comply with this contract;
If you request an excessive number of replacement cards; or

a. 
b. 
c. 
d. 
e. 
f. 
g. 
h.  We reasonably deem the prospect of repayment of your account to be in jeopardy for any reason.

If you are in default, we may immediately cancel your account and we do not have to give you notice of cancellation. We 
can also require that you pay us the balance on your account.  You agree that you will return the card(s) to us. Even if 
an account is in default, you agree to pay interest and fees as defined in this contract until your balance is paid in full. 
If your account is in default and you try to make charges, we can use any legal means to recover the card(s) including 
listing your account in warning bulletins and offering rewards for the return of the cards. If you resolve a default situation, 
we can still declare your account in default for the same or different reason at a later time. 

22.  Cancellation:  You  may  cancel  your  account  at  any  time  by  notifying  us  in  writing  at  the  address  on  your  monthly 
statement and returning all cards issued on your account (cut in half). Even if your account is closed, you agree to pay 
the balance on the account under the terms of this contract. We can suspend your account privileges or cancel your 
account at any time, for any reason. We will notify you after we do so, unless you are in default at that time. We will have 
no obligation to notify you prior to suspending your charging privileges or cancelling your account. 

23.   Refund of Initial Fees:  If you cancel your account within 90 days after the card is first mailed to you and if you have 
not used your account for any charges, all fees and interest billed to your account will be credited back to your account.

24.  Collection Costs: Unless prohibited by applicable law, if we start collection proceedings to recover amounts you owe 

us by reason of this contract, you agree to pay reasonable attorney’s fees and other collection costs.

25.  Headings: The headings used in this contract are for the convenience of reference only and are not intended in any way 

to define or describe the scope or intent of any provision of this contract.

26.  State Notices:

a.  California Residents: A married applicant may apply for a separate account. As required by law, you are hereby 
notified that negative credit reporting may be submitted to a credit reporting agency if you fail to fulfill the terms of 
your credit obligations. After credit approval, each applicant shall have the right to use the account up to the limit 
of the account. Each applicant may be liable for amounts extended under the plan to any joint applicant.
b.  Kentucky Residents: You may pay the unpaid balance of your account in whole or in part at any time.
c.  Maine  Residents:  Payment  Protection  provided  herein  is  voluntary  and  you  have  the  right  to  cancel  such 

protection at any time.

d.  New York Residents: Consumer reports may be requested in connection with the processing of the application 
and any resulting account. Upon your request, we will inform you of the names and addresses of any consumer 
reporting  agencies  which  have  provided  us  with  such  reports.  New York  residents  may  contact  the  New York 
Department of Financial Services to obtain a comparative list of credit card rates, fees and grace periods. New 
York Department of Financial Services 1-800-342-3736 or http://www.dfs.ny.gov/consumer/creditdebt.htm.

e.  Ohio Residents: The 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.