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Security BankCard Center, Inc.
Arvest Bank, Fayetteville, Arkansas
VISA®/MasterCard®/VISA® GOLD/VISA® Platinum
CARDHOLDER AGREEMENT AND
DISCLOSURE STATEMENT
You have applied to us for the enclosed Credit Card(s). By signing,
using,  retaining  or  permitting  others  to  use  the  enclosed  Credit
Card(s),  you  agree  to  all  the  terms  and  conditions  of  this
VISA®/MasterCard®  Cardholder  Agreement  and  Disclosure
Statement (“Agreement”).
IMPORTANT:  You  should  immediately  sign  each  Credit  Card.  If  you
do not wish to be bound by this Agreement, you must cut in half all
Credit Cards which we have sent you and return the pieces to us at
Security  BankCard  Center,  Inc.,  P.O.  Box  6139,  Norman,  Oklahoma
73070. Unless you do so, you will have accepted this Agreement.
The  term  “Credit  Card”  used  herein  means  the  VISA®  Platinum,
VISA®  Gold  or  VISA®/MasterCard®  Credit  Card  or  Cards,  as
applicable, enclosed with this Agreement and any other Credit Cards
issued  to  you  pursuant  to  your  Application.  The  words  “you”  and
“your”  when  used  herein  refer  to  each  person  who  signed  the
Application  for  the  enclosed  Credit  Card.  If  we  issue  you  a  joint
account, both applicants agree to be jointly and severally bound by
the  terms  of  this  Agreement.  That  means  that  we  can  enforce  our
rights  under  this  Agreement  against  any  of  you  individually,  against
some of you, or against all of you together.
The  words  “we,”  our”  and  “us”  refer  to  Arvest  Bank,  Fayetteville,
Arkansas, which is the issuer of your Credit Card, even if the name of
another  bank  appears  on  the  Credit  Card.  The  Credit  Card(s)  is/are
issued by us through our processing subsidiary, Security BankCard
Center, Inc.
By  signing,  using,  retaining  or  permitting  others  to  use  the  Credit
Card, you agree as follows:
1.  Responsibility  for  Credit  Extensions.  You  agree  to  assume
responsibility  for  all  credit  extended  by  us  on  the  basis  of  the
authorized  use  of  the  Credit  Card.  You  may  use  the  Credit  Card  to
make  purchases  (“Purchases”)  of  merchandise  and  services  from
businesses displaying the sign of the Credit Card issued to you. For
Purchases, your merchant will prepare a sales draft or retail charge
agreement.  We  will  buy  or  accept  assignments  of  these  drafts  and
agreements if they comply with applicable operating procedures. You
may  use  the  Credit  Card  to  obtain  loans  and  other  cash  advances
(“Cash Advances”) from us and other financial institutions honoring
the  Credit  Card,  upon  compliance  with  the  customary  procedures
required by us and other persons honoring the Credit Card. We are
not  responsible  for  the  refusal  by  anyone  to  honor  the  Credit  Card.
You may receive a Cash Advance by using one of the convenience
checks  that  we  may  send  you  from  time  to  time.  You  may  also
transfer  balances  from  your  other  credit  cards  not  issued  by  us  to
your  account  (“Balance  Transfer”).  The  convenience  checks  and
your  Balance  Transfers  are  subject  to  your  Credit  Limit  (as
hereinafter defined).
2.  Payments.  You  agree  to  pay,  at  such  place  as  we  designate,
obligations  evidencing  all  credit  extensions  by  us  and  all
finance/interest charges (hereinafter referred to as “Finance Charges”
but  to  be  identified  on  your  monthly  statements  as  “Interest
Charges”)  and  other  charges,  if  applicable,  in  accordance  with  the
current  account  terms  and  payment  schedule,  as  set  forth  in  this
Agreement,  as  the  same  may  from  time  to  time  be  amended  and
disclosed to you. 
3.  Monthly  Statements.  We  will  bill  you  on  a  monthly  basis  by
mailing to you a monthly statement (“Monthly Statement”) on a date
selected by us for all debit or credit balances in excess of $1.00 or if
a  Finance  Charge  is  imposed  through  use  of  the  Credit  Card.  You
agree to examine each Monthly Statement upon receipt and to notify
us immediately of any charge or item that you believe to be in error
or  subject  to  dispute.  (See  Section  13  of  the  Disclosure  Statement
below for a description of your billing rights). 
4.  Minimum  Monthly  Payment.  You  may  pay  your  account  in  full
during  any  billing  cycle  by  paying  the  entire  new  balance  (“New
Balance”)  as  shown  on  the  Monthly  Statement.  You  may  pay  less
than the entire New Balance but not less than the minimum payment
due shown on your Monthly Statement (“Minimum Payment Due”),
unless we have declared your entire outstanding balance immediately
due  and  payable  as  provided  in  Section  11  of  this  Cardholder
Agreement. Normally, the Minimum Payment Due will be the greater
of $20.00 or 3% of the New Balance.  We may round the amount of
the  Minimum  Payment  Due  to  the  nearest  dollar.    If  any  Other
Charges  (as  those  fees  are  described  in  the  Disclosure  Statement
below)  have  posted  to  your  account,  any  applicable  fees  will  be
included  in  your  New  Balance  for  purposes  of  calculating  the
Minimum  Payment  Due.    If  there  are  any  amounts  shown  as  being
past due on your Monthly Statement (“Past Due Amounts”) or if you
have  exceeded  your  Credit  Limit  (as  hereinafter  defined),  the
Minimum  Payment  Due  will  include  the  amount  determined  by  the
normal  Minimum  Payment  Due  calculation  plus  (a)  all  Past  Due
Amounts,  and  (b)  the  amount  of  any  credit  extended  in  excess  of
your Credit Limit.  However, if your New Balance is less than $20.00,
you pay only the balance owed. You must pay at least the Minimum
Payment  Due  by  the  payment  due  date  shown  on  your  Monthly
Statement (“Payment Due Date”), which is at least 25 days after the
statement  closing  date  shown  on  your  Monthly  Statement
(“Statement  Closing  Date”).  You  agree  to  pay  a  late  payment  fee
(“Late  Payment  Fee”)  if  you  do  not  pay  at  least  the  Minimum
Payment Due on or within 10 days after the Payment Due Date.
5. Application of Payments. All payments, if received prior to 5:00
p.m.  Central  Standard  Time,  shall  be  considered  made  on  the  date
received at the payment address shown on your Monthly Statement.
If payment is received after 5:00 p.m. Central Standard Time on any
date,  payment  will  be  deemed  to  have  been  received  the  following
banking day. If the Payment Due Date falls on Saturday, Sunday or a
holiday, the payment needs to be in our office by the next business
day.  If  payment  is  made  at  any  location  other  than  the  designated
address, credit for such payment may be delayed up to 5 days, and

finance  charges  will  accrue  for  the  period  between  receipt  and
crediting of payments. All payments shall be generally applied to your
account for payment of the following items in the following order:

a. Cash Finance Charge
b. Purchase Finance Charge
c. Miscellaneous Charges
d. Old Cash Balance
e. Old Purchase Balance
f. Current Cash Advances
g. Current Purchases

However, we reserve the right to apply payments in any manner we
choose provided that we comply with all applicable federal and state
laws.  Generally,  and  except  as  otherwise  required  by  law,  we  will
credit payments over the required Minimum Amount Due to balances
with the highest APR first.  We will then credit payments to lower rate
balances in descending order of APRs. 
If  you  make  an  overpayment,  we  will  credit  the  excess  to  your
account unless you request that we send you a check for the amount
of the overpayment.
Although credit for payments will not be affected, we may, in our sole
discretion, delay increasing your available credit balance for up to 10
days following receipt of payment.
6. Credit Limit. Your Credit Limit constitutes the maximum amount of
credit that may at any time be outstanding on your account as will be
shown on your Monthly Statement. We may, at our option, increase
or decrease your Credit Limit at any time. You agree that you will not
use or permit others to use the Credit Card to obtain credit if such use
would cause the outstanding balance of your account to exceed your
Credit  Limit.  Unless  you  request  otherwise,  we  may  decline  any
transaction  that  causes  your  outstanding  balance  to  exceed  your
Credit  Limit.  If  you  want  us  to  recognize  transactions  and  extend
credit to you in excess of your Credit Limit, you can request Over-the-
Credit Limit coverage and agree to pay an Over-the-Credit Limit Fee
(See Section 5.3 of the Disclosure Statement). You agree to pay, on
the earlier of demand or the Payment Due Date, all credit extended in
excess of your Credit Limit.
7.  Cancellation  and  Revocation  of  Credit  Card.  You  agree  that  the
Credit Card is and remains our property at all times. We may cancel,
revoke or refuse to re-issue your Credit Card or modify all or any part
of your Credit Card privileges at any time, with or without cause, upon
notice. If your Credit Card is cancelled, you promise to cut your Credit
Card in half for safety and return the pieces to us immediately.
8. Restrictions on Use of Expired or Revoked Credit Card. You must
not use or permit others to use the Credit Card after it has expired or
been cancelled or revoked by us. You agree to surrender any expired,
cancelled or revoked Credit Card upon our demand or upon demand
of any person or financial institution to whom you have presented the
Credit Card.
9. Loss or Theft of Card. You agree to notify us in writing if the Credit
Card is lost or stolen or if you suspect it is being used without your
permission.  Telephoning  us  will  reduce  the  chances  of  a  loss.  You
may call us at 1-800-356-8085.
10. Default. You will be in default under the terms of this Agreement
upon the occurrence of any of the following events: (a) your failure to
pay when due any amount owing under this Agreement or any other
loan agreement you may have with us; (b) your failure to comply with
any other terms and conditions of this Agreement or any other loan
agreement  you  may  have  with  us;  (c)  your  death,  insolvency  or
bankruptcy; (d) the appointment of a receiver for, or the attachment,
levy  or  garnishment  of,  your  property,  assets  or  income;  or  (e)  our
deeming  ourselves  to  be  insecure  as  to  your  ability  to  pay  your
account.
11. Accelerations of Entire Balance. If any of the defaults specified
in  Section  10  above  should  occur,  we  may,  at  our  option,  declare
your  entire  outstanding  balance  under  this  Agreement  immediately
due and payable, without notice. 
12. Notices. Any notices required to be given by us to you shall be
deemed  given  when  deposited  in  the  U.S.  mail,  postage  prepaid,
addressed to you at the address shown on our records. You agree to
notify us promptly of any changes in your address. You may notify or
contact us for reasons other than making a payment or regarding a
billing error at: Security BankCard Center, Inc., Post Office Box 6139,
Norman, Oklahoma 73070. We can accept changes of address from
the U.S. Postal Service.
13. Amendments. We have the right to amend this Agreement at any
time  upon  written  notice  to  you,  subject  to  any  applicable  state  or
federal notice requirements. Any joint account holder has the ability to
add  additional  authorized  users  to  the  account  and/or  request  other
changes  to  the  account  from  time  to  time  upon  request  to  us.  Any
change  in  account  terms  or  amendments  to  this  Agreement  shall
apply  both  to  any  Purchases  or  Cash  Advances  after  the  effective
date of such change.
14. Credit Investigations. You authorize us to make or cause to be
made  such  credit  investigations  as  we  deem  necessary  or
appropriate to evaluate your credit, personal or financial standing and
employment.
You  further  authorize  us  to  share  our  credit  experiences  with  you,
with other creditors and credit reporting agencies which includes late
payments,  missed  payments,  or  other  defaults  on  your  account
which may be reflected in your credit report. 
15. Assignment. We have the right to assign to others any amounts
you owe us. We also reserve the right to assign and transfer to others
our rights under this Agreement. You may not assign your rights or
obligations under this Agreement.

INITIAL DISCLOSURE STATEMENT
The  following  information  is  provided  pursuant  to  the  Federal
Consumer  Credit  Protection  Act  and  the  Oklahoma  Uniform
Consumer Credit Code and constitutes a part of the Agreement.
1.  Finance  Charges  for  Purchases.  If  you  pay  your  New  Balance
shown on each monthly statement in full by the Payment Due Date,
no Finance Charge will be imposed on Purchases. If you do not pay
your New Balance in full by the Payment Due Date, a Finance Charge
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will  be  imposed  on  Purchases,  determined  by  multiplying  your
“average daily balance” by the “Periodic Rate” defined below.
2.  “Average  Daily  Balance”  for  Purchases,  Cash  Advances,
Balance Transfers (including new Purchases, Cash Advances and
Balance  Transfers).  We  figure  the  interest  charge  on  your  account
by  applying  the  periodic  rate  to  the  “average  daily  balance”  of  your
account.  To  get  the  “average  daily  balance,”  we  take  the  beginning
balance of your account each day (any credit balance is treated as a
“0” balance), add any new purchases, cash advances and fees, and
subtract  any  unpaid  interest,  other  finance  charges,  annual  fees,
returned check fees and any payments or credits. This gives us the
daily  balance.  Then,  we  add  up  all  the  daily  balances  for  the  billing
cycle and divide the total by the number of days in the billing cycle.
This gives us the “average daily balance.”
3. Finance Charges on Cash Advances and Balance Transfers. You
pay  a  Finance  Charge  on  all  Cash  Advances  and  Balance  Transfers
from the transaction date to the day the full payment is posted to your
account. If you pay your Cash Advance and all Balance Transfers in
full, Finance Charges that you owe for the period from the last cycle
Statement Closing Date to the date payment is credited will appear on
your next Monthly Statement. The Finance Charge on Cash Advances
and  Balance  Transfers  will  be  determined  by  multiplying  your
“average daily balance” for Cash Advances and/or Balance Transfers,
as applicable, by the “Periodic Rate” defined below. 
4.  Periodic  Rate.  Unless  an  introductory  rate  is  in  effect,  the
ANNUAL PERCENTAGE RATE (“APR”) and Periodic Rate which will
be  used  to  determine  your  FINANCE  CHARGE  on  any  outstanding
balance not paid by the Payment Due Date will be a variable rate that
will either increase or decrease with changes in an index tied to the
U.S. Prime Rate. Any increase in the APR could result in an increased
payment amount and/or an increase in the number of payments it will
take to pay the balance due. We will determine monthly your variable
APR  for  Purchases,  Cash  Advances,  and  Balance  Transfers  by
adding 14.65% for VISA/MasterCard accounts, 10.65% for VISA Gold
accounts,  or  7.65%  for  VISA  Platinum  accounts  to  the  highest  U.S.
Prime Rate published in The Wall Street Journal on the 10th day (or
prior  business  day)  of  the  prior  month.  If  The  Wall  Street  Journal
ceases  publication  or  to  publish  the  Prime  Rate,  we  may  use  the
Prime Rate published in any other newspaper of general circulation,
or we may substitute a similar reference rate at our sole discretion.
The  APR  shall  in  no  event  exceed  21%  per  annum.  If  there  is  a
change  in  the  APR,  that  change  will  be  effective  on  the  first  day  of
your next billing cycle. By way of example, the APR that would have
applied  as  of  the  March  2010  billing  date  is  17.9%  for
Visa/MasterCard accounts, 13.9% for Visa Gold accounts, and 10.9%
for Visa Platinum accounts which corresponds to a Periodic Rate of
1.492%, 1.158%, and 0.908% respectively. The Periodic Rate is the
applicable APR divided by 12.
5. Other Charges. Your account will be subject to Other Charges as
follows:

5.1  Annual  Fee:  NONE.  Each  additional  card,  beyond  two,  will
cost $5.00 per year.
5.2  Returned  Check  Fee.  A  fee  of  $25.00  will  be  charged  each
time  a  check,  automatic  deductions  from  your  account  with  a
designated  financial  institution,  or  you  otherwise  pay  us  using
some form of electronic payment, is returned unpaid.
5.3 Over-the-Credit Limit Fee. Unless you request otherwise, we
may decline any transaction that causes you to exceed your Credit
Limit.  If  you  want  us  to  authorize  these  transactions,  you  can
request  Over-the-Credit  Limit  coverage.  If  you  choose  Over-the-
Credit Limit coverage and exceed your Credit Limit, we will charge
you  a  fee  of  $25.00.  You  will  only  pay  one  fee  per  billing  cycle
even if you exceed your limit
multiple times in the same cycle. Even with Over-the-Credit Limit
coverage, we may still decline, in our sole discretion, a transaction
that would cause you to exceed your Credit Limit.
5.4 Cash Advance Fee. In addition to paying a Finance Charge on
all Cash Advances, a fee of 4% of the amount advanced, subject
to a minimum of $4.00, will be charged to your account each time
cash is advanced. Cash Advances will be limited to 50% of your
Credit Limit.
5.5  Late  Payment  Fee.  If  you  do  not  pay  at  least  the  Minimum
Payment Due on or within 10 days after the Payment Due Date, a
Late Payment Fee of $20.00, but in no event to exceed the amount
established  from  time  to  time  by  the  Administrator  of  the
Oklahoma Department of ConsumerCredit, will be charged.

6. Security Interest. No security interest is being taken by us in any
of  your  property  to  secure  your  payment  or  performance  of  this
Agreement unless we required you to grant us a security interest in a
certificate of deposit or other property as a condition of our issuance
of the Credit Card to you.
7.  Liability  for  Unauthorized  Use.  If  you  notice  the  loss  or  theft  of
your Credit Card or a possible unauthorized use of your Credit Card,
you  should  write  to  us  immediately  at:  P.O.  Box  6139,  Norman,
Oklahoma  73070,  or  call  us  at  1-800-356-8085.  You  may  also
contact  us  on  the  Web:  www.securitybankcard.com.  Unless  you
have been grossly negligent or have engaged in fraud, you will not be
liable  for  any  unauthorized  transactions  using  your  lost  or  stolen
Credit Card(s).
8.  Invalidity.  If  one  or  more  provisions  of  this  Agreement  are
declared invalid or unenforceable, the remaining conditions and terms
will stand on their own and will not be affected.
9. Returns and Refunds. Cash refunds are not allowed for returned
Purchases made on your account. Instead, you will receive a credit to
your account for the amount of the return. This credit will be filled out
by the seller of the goods and services who will give you a copy. It is
the  seller’s  responsibility  to  promptly  deliver  the  credit  to  us  so  we
can credit your account. We are not responsible for the seller’s failure
to deliver the credit promptly. 
10. Applicable Law. This Agreement and all transactions under it
will be governed by, and construed in accordance with, the laws
and  applicable  regulations  of  the  State  of  Oklahoma  and  the
United
States.  You  will  not  be  held  liable  for  Finance  Charges  or  other
fees  and  charges  greater  than  the  maximum  allowed  by  the  law
that applies.

11. Foreign Exchange/Currency Conversion. If you use your Credit
Card  for  purchases,  cash  advances  and  credits  in  a  currency  other
than  U.S.  dollars,  the  transactions  will  be  converted  to  U.S.  dollars,
generally  using  either  a  (i)  government-mandated  rate  or  (ii)
wholesale  market  rate  in  effect  the  day  before  the  transaction
processing  date,  increased  by  one  percent  (1%).  If  the  credit  has  a
different processing date, then the exchange rate of the credit can be
greater/less  than  that  of  the  original  transaction.  The  currency
conversion  rate  on  the  day  before  the  transaction  processing  date
may differ from the rate in effect at the time of the transaction or on
the  date  the  transaction  is  posted  on  your  account.  You  agree  to
accept the converted amount in U.S. dollars.
12.  Illegal  Transaction.  Your  Credit  Card  may  not  be  used  for  any
illegal transaction.
13.  NOTICE.  See  below  for  Important  Information  Regarding  Your
Rights to Dispute Billing Errors.

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:
Security  BankCard  Center,  Inc.,  P.O.  Box  6139,  Norman,  Oklahoma
73070.  You  may  also  contact  us  on 
the  Web:
www.securitybankcard.com.
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 or electronically.
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.

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, Teller, 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:  Security  BankCard  Center,  Inc.,
P.O.  Box  6139,  Norman,  Oklahoma  73070,  or  electronically  at
www.securitybankcard.com.
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.
IF YOUR CARD IS LOST OR STOLEN, PLEASE CALL US AS SOON
AS POSSIBLE AT 1-800-356-8085.
Arvest Bank, Fayetteville, Arkansas

F03-H488-5 -0810   CP10-78305