SHCLR-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

29.9%
29.9% 
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: The Annual Fee 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.

Annual Fee

$75

Transaction Fees
   Cash Advance

Penalty Fees
   Late Payment
    Returned Payment

2% of each cash advance

Up to $25
Up to $25

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 in 
Paragraph 15 of this Contract.

 
 
Terms and Conditions

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.

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. 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.

Qualify For Future Unsecured Credit: The initial credit limit is $350.  You may qualify for a higher initial credit limit based on 
your debt-to-income ratio and credit profile. If you make all your payments on time, plus pay more than the minimum due each 
month, and subject to other conditions in effect from time to time including your debt-to-income ratio, you may be eligible to 
receive future credit limit increases. This allows you to increase your credit limit by establishing a good credit history with us. 
The maximum credit limit is $5,000.

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.showcardcc.com.

Electronic Communication: By providing your email address, you are authorizing us to communicate with you at this email 
address.

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.

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 Bryant State Bank (Bryant, 
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 and 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. 

3.  Your  Credit  Limit:  The  credit  limit  is  included  in  the  information  sent  with  your  card  and  on  your  statements.  Your 
balance may not exceed 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 each month that your account has a balance or there is 
activity on your account.  The statement will show your balance, interest, and fees charged, and 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 reserve the right 
to limit available credit resulting from any payment for up to fourteen (14) days which may be extended if a payment is 
returned for any reason or if there is other suspicious activity. 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. Payments cannot be paid at a branch bank.  Payments mailed to the 
payment address and received by 5 P.M. central time will be credited the same day.  For other payment options, please 
call customer service at (866) 205-8313. 

9.  When Interest is Charged: Interest will be charged if you did not pay the prior month’s ending balance in full by the 
payment due date.  We figure the interest on your account by applying the periodic rate to the “average daily balance” 
of your account.  To calculate the “average daily balance”, we take the beginning balance of your account each day, add 
any new purchases, advances and fees, and subtract any unpaid interest, payments and 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”.  Billing cycle means the time between two billing statements. To 
calculate the interest, we multiply the average daily balance by the monthly periodic rate.  The monthly periodic rate is 
calculated by dividing the annual percentage rate of 29.9% by 12 (months).  The monthly periodic rate is 2.4917%.  

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 Fee:  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 (866) 205-8313, 
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. 

13.  Call Recording, Automated Calling, Pre-recorded Messages and 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: 
Bryant State Bank, PO Box 5161, Sioux Falls, SD 57117-5161. 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: Bryant State Bank, PO Box 5161, Sioux Falls, 
SD 57117-5161. 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, Credit Reporting and Privacy: 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.

18.  Change in Terms of Your Credit Account: We may change any term of this contract at any time upon such 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.  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.

d.  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.