VISA® CREDIT CARD 
TERMS AND CONDITIONS 
 AND TRUTH IN LENDING DISCLOSURE STATEMENT (“AGREEMENT”) 

DORT FEDERAL CREDIT UNION 
PO Box 1635, Flint, Michigan  48501-1635 
Telephone: (800) 521-3796 
(810) 767-8390 

(If joint Account, read singular pronouns in the plural). 

Federal Truth in Lending Disclosure and Member Agreement 

In  this  Agreement,  the  words  "you"  and  "your"  refer  to  the  person(s)  who  are 
contractually  liable  for  any  debt  owed  under  the  Account.    If  there  are  two  or  more  such 
persons, each of them agree to be fully liable for any debt owed under the Account individually 
(severally) and together (jointly). 

You agree with Credit Union as follows: 

   1.   Definitions.   In relation to your Account and this Agreement, the following words shall 
have the meaning indicated: 

"Account"  means the Visa Credit Card open end line of credit account approved by Credit 
Union for your use. 

"Agreement"  means this Visa Borrower Agreement. 

"Annual Percentage Rate"  means the cost of your credit expressed as a yearly rate as set 
forth in the Schedule of Fees and Charges. 

"Application"  means your request to the Credit Union for the establishment of an Account in a 
manner approved by the Credit Union. 

"Authorized  User"    means  any  person(s)  permitted  by  you  to  obtain  credit  under  your 
Account, whether or not named in your Application, or any person(s) to whom you lend your 
Card. 

"Billing  Cycle"    means  the  time  period  that  expires  between  regular  Monthly  Billing 
Statements. 

"Card"  means any Visa Credit Card credit card issued to you by the Credit Union pursuant to 
this Agreement which bears the service marks owned and licensed by Visa USA. 

"Cash Advance"  means cash credit extended by the Credit Union to you in the form of a loan 
of  money  made  when  you  present  the  Card  to  the  Credit  Union  or  to  another  participating 
financial institution, including cash credit extended to you via an automated teller machine. 

"Closing Date"  means the date of the last day of a Billing Cycle. 

"Credit Limit"  means the maximum amount of credit available to you on your Account as set 
by the Credit Union from time to time. 

"Credit Purchases"  means extensions of credit from the Credit Union to you (other than Cash 
Advances) for Credit Purchases of merchandise  or services through participating merchants, 
including  mail  or  phone  purchase  orders  of  merchandise  effectuated  by  using  the  account 
number on a Card.   

"Credit Union"  means Dort Federal Credit Union or any other person or entity to which the 
Credit Union assigns this Agreement or any of its rights under this Agreement. 

"Finance Charge"  means the cost of credit extended to you on your Account as determined 
by the Credit Union expressed as a dollar amount. 

"Grace  Period"    means  the  time  period  in  which  the  New  Balance  on  a  Monthly  Billing 
Statement must be paid in full to avoid the further assessment of a Finance Charge.  The Grace 
Period  begins  on  the  day  following the Closing Date of a Billing Cycle and extends until the 
Payment Due Date. 

"Daily  Periodic  Rate"    means  1/365th  of  the  Annual  Percentage  Rate  as  set  forth  in  the 
Schedule of Fees and Charges. 

"Monthly Billing Statement"  means the statement sent to you on a monthly basis reflecting 
all charges and credits to your Account for each Billing Cycle. 

"New Balance"  means the total of the Previous Balance together with New Credit Purchases, 
Cash  Advances,  accrued  Finance  Charge  and  other  fees  and  charges,  less  payments  and 
credits, posted to your Account during a Billing Cycle. 

"New Credit Purchase(s)"  means the Credit Purchase(s) posted to your Account during the 
Billing Cycle reflected on your most recent Monthly Billing Statement. 

"Payment  Due  Date"    means  the  date  specified  on  your  Monthly  Billing  Statement  as  the 
Payment Due Date for payment to the Credit Union on your Account. 

"Preauthorized  Charges"    means  Credit  Purchases  for  which  you  have  given  your 
preauthorization for a merchant or other person to debit your Account at specified times. 

"Previous Balance"  means the balance of your Account at the beginning of a Billing Cycle, 
which  is  the  same  amount  as  that  shown  on  the  "New  Balance"  on  your  Monthly  Billing 
Statement for the immediately preceding Billing Cycle. 

"Schedule of Fees and Charges"  means the schedule shown at the end of this Agreement, 
including all amendments to that schedule, which lists the costs associated with your Account. 

"Unauthorized  Use"    means  the  use  of  your  Card  by  a  person  who  does  not  have  actual, 
implied or apparent authority to use that Card.  If you receive a benefit from the use of a Card 
by  another  or  if  a  Card  is  used  by  an  Authorized  User,  such  use  will  not  be  regarded  as 
Unauthorized Use. 

  2.   Account Access.   You may access your Account by using your Card or account number 
to make Credit Purchases and to obtain Cash Advances up to your Credit Limit, unless your 
Account  is  in  default  or  has  been  terminated.    If  the  Credit  Union  issues  you  a  Personal 
Identification  Number, you may also use your Card to obtain Cash Advances via automated 
teller machines which accepts your Card for that purpose. 

  3.      Promise  to  Pay.      You  promise  to  pay  to  Credit  Union  all  amounts  charged  to  your 
Account  by  you  or  by  any  Authorized  User  who  has  access  to  your  Account,  with  actual, 
apparent or implied authority for use of your Account, including Finance Charges and other fees 
according  to  the  required  minimum  monthly  payment  schedule.    Your  liability  will  extend 
throughout the term of this Agreement and until all issued and outstanding Cards are returned 
to the Credit Union and all Preauthorized Charges are canceled by you.  If you lend your Card 
to another person, you will have given that  
person actual, implied or apparent authority to use your Card and you will be liable for all Credit 
Purchases and Cash Advances made by that person on your Account until the Card is returned 
to  you  or  the Credit Union.  If more than one person is obligated under this Agreement, the 
Credit Union may accept directions and written notices from any one of those persons without 
requiring the consent of any other persons. 

  4.   Liability for Unauthorized Use – Loss/Stolen Card Identification.   You may be liable 
for  the  unauthorized  use  of  your  card  if  you  do  not  notify  us.    You  will  not  be  liable  for  the 
unauthorized use that occurs after you notify the Credit Union, orally or in writing, of the loss, 
theft or possible unauthorized use.  If you notify us, you will have no liability for unauthorized 
transactions.  You can notify the Credit Union by calling (810) 767-8390 during normal business 
hours or (800) 543-5073 (which is available 24 hours a day), or writing to  Dort Federal Credit 
Union, 2845 Davison Road, P.O. Box 1635, Flint, Michigan 48501-1635.  

  5.   Finance Charge.   The Finance Charges shown on your Monthly Billing Statement are 
figured by multiplying a Daily Periodic Rate (see Schedule of Fees and Charges for this rate 
and its corresponding Annual Percentage Rate) times the Daily Principal Balance of both Credit 
Purchases and Cash Advances as follows: 

a.   Cash Advances.   A Finance Charge will be imposed on Cash Advances from 
the date charged to your account.  Finance Charges 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 by 
the Payment Due Date or until the date of payment if after the Payment Due Date.  The Finance 
Charge for a Billing Cycle is computed by applying the Daily Periodic Rate to the Daily Principal 
Balance of Cash Advances.  Each daily principal balance of Cash Advances is determined by 
adding to the outstanding unpaid balance of Cash Advances at the beginning of each day of 
the  Billing  Cycle  any  new  Cash  Advances  posted  to  your  Account  and  subtracting  any 
payments as received or credits as posted to your Account, but excluding any unpaid Finance 
Charges and other fees. 

b.   Credit Purchases.   A Finance Charge will be imposed on Credit Purchases 
only if you elect not to pay the entire New Balance shown on your Monthly Billing Statement for 
the previous Billing Cycle by the Payment Due Date (the time between the issuance of your 
Monthly Billing Statement and the corresponding Payment Due Date is the “Grace Period”).  If 
you elect not to pay the entire New Balance shown on your previous monthly statement during 
the Grace Period, a Finance Charge will be imposed on the unpaid Daily Principal Balance of 
such  Credit  Purchases  from  the  previous  statement  Closing  Date  and  on  New  Credit 
Purchases from the date of posting to your Account during the current Billing Cycle.  Finance 
Charges will then continue to accrue until the Closing Date of the Billing Cycle preceding the 
date on which the entire New Balance is paid in full by the Payment Due Date or until the date 
of payment if after the Payment Due Date.  The Finance Charge for a Billing Cycle is computed 
by applying the daily Periodic Rate to the Daily Principal Balance of Credit Purchases.  Each 
daily principal balance of Credit Purchases is determined by adding to the outstanding unpaid 
balance of Credit Purchases at the beginning of each day of the Billing Cycle any New Credit 
Purchases posted to your Account, and subtracting any payments as received and credits as 
posted to your Account, but excluding any unpaid Finance Charges and other fees. 

  6.   Late Charge.   If you do not pay at least your minimum monthly payment by the Payment 
Due Date shown on your Monthly Billing Statement, Credit Union may assess your Account a 
Late Charge in an amount as set forth in the Schedule of Fees and Charges.   

  7.   Overlimit Fee.   If your unpaid balance exceeds your Credit Limit, the Credit Union may 
assess your Account an Overlimit Fee in an amount as set forth in the Schedule of Fees and 
Charges.   This Overlimit Fee is assessable for each Billing Cycle that your Account balance 
exceeds your Credit Limit.   

  8.   Returned Payment Charge.   You will be charged a Returned Payment Charge for each 
check, draft or order which you submit to Credit Union as a payment on your Account which is 
returned to Credit Union unpaid in an amount as set forth in the Schedule of Fees and Charges.  

  9.   Fees and Charges.   In addition to the Finance Charge, Late Charge, Overlimit Fee, and 
Returned  Payment  Charge,  you  agree  to  pay  to  the  Credit  Union  the  additional  fees  and 
charges as described and set forth in the Schedule of Fees and Charges.  All fees and charges 
will be automatically posted to your Account and will be included in the amount shown for Credit 
Purchases on your Monthly Billing Statement. 

  10.   Information Updates.   You will provide facts to update information contained in your 
original Application or other financial information related to you at Credit Union's request. 

  11.   Credit Limit.   You will be notified of your Account's Credit Limit which will be applicable 
to  all  amounts  you  owe  on  your  Account  at  any  time.    Credit  Union  reserves  the  right  to 
increase or decrease your Credit Limit without notice to you at any time in its sole discretion.  
You will keep your unpaid balance within the Credit Limit as set by Credit Union and you will 
pay  any  amount  over  your  Credit  Limit  immediately  to  the  Credit  Union  without  demand, 
whether or not Credit Union authorized the Credit Purchase or Cash Advance which caused 
you to exceed your Credit Limit.  Even if your unpaid balance is less than your Credit Limit, you 
will have no credit available during any time your Account is in default. 

  12.   Minimum Monthly Payment.   You will pay a minimum monthly payment equal to the 
greater of 2.50% rounded up to the next whole dollar of your Account's New Balance or $25.00, 
unless your New Balance is less than $25.00, in which case your payment will be that balance. 
 You may pay any amount over your minimum monthly payment at any time without penalty.  In 
addition to your minimum monthly payment, you agree to immediately pay to the Credit Union 
any  amount  past  due  or  in  excess  of  your  Credit  Limit.    Payments must be received by the 
Credit  Union  in  the  manner  set  forth  on  your  most  current  Monthly  Billing  Statement  on  or 
before  the  Payment  Due  Date.    All  payments  must  be  made  in  lawful  money  of  the  United 
States.  You will have a payment due every month on the specified Payment Due Date even if 

               
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
you  have  paid  more  than  a  regularly  scheduled  minimum  monthly  payment  at  any  previous 
time. 

  13.   Monthly Billing Statements.   Credit Union will mail you a Monthly Billing Statement 
each month in which there is a debit or credit balance over $1.00, or when a Finance Charge is 
imposed.    Credit  Union  need  not  send  you  a  monthly  statement  if  Credit  Union  feels  your 
Account  is  uncollectible  or  has  started  collection  proceedings  against  you  because  you 
defaulted.  Except where federal law requires otherwise, the Monthly Billing Statement will be 
final as to the amount owed unless you object in writing within 60 days after the Credit Union 
has mailed the Monthly Billing Statement to you.  Your right under federal law to the correction 
of billing errors is explained in the notice of Your Billing Rights which appears at the end of this 
Agreement. 

  14.   Set Off and Lien Impressment.   Unless prohibited by law, the Credit Union shall have 
the right to set off the amount of any funds you have in your Accounts with the Credit Union or 
any  other  amounts  owed  to  you  by  the  Credit  Union  against  any  amounts  charged  to  your 
Account after your Account has been canceled or terminated.  This right of setoff will not extend 
to any deposits established under a governmental approved tax deferral deposit plan such as 
an  I.R.A.  or  KEOGH  account.    Credit  Union  also  impresses  a  lien  upon  your  shares  and 
dividends and has the right to enforce that lien in a manner similar to enforcing its right of setoff. 

  15.   Security.   If you have given the Credit Union a security interest in any property (other 
than  your  principal  dwelling  or  "household  goods"  as  defined  in  the  Federal  Trade 
Commission's Credit Practices Rule) as part of any other agreement with the Credit Union, that 
property  is  also  pledged  by  you  as  security  for  the  credit  extended  under  this  Agreement, 
unless  prohibited  by  law.    This  provision  is  the  Security  section  under  the  Truth  in  Lending 
disclosure  of  this  Agreement  as  well  as  a  statement  of  contract  which  results  in  collateral 
securing other loans with Credit Union also securing this Agreement. 

To the extent permitted by law, you grant Credit Union a purchase money security interest in all 
goods you purchase under your Account to the extent you continue to owe Credit Union for the 
purchase of such goods under your Account if such goods are "household goods", and to the 
extent you continue to owe Credit Union any money under your Account if such goods are not 
"household  goods".    Further,  if  you  give  Credit  Union  a  specific  pledge  of  other  collateral  to 
secure the repayment of your Account, such as a pledge of your shares or deposits, then such 
other collateral will also secure the repayment of your Account. 

  16.   Application of Payments.   The Credit Union reserves the right to apply the payments to 
your Account in any manner it may choose in its sole discretion.  Generally, the Credit Union 
will elect to apply each payment in the following order:  (1) Late fees; (2) other unpaid fees and 
charges;  (3)  unpaid  Finance  Charges;  (4)  Credit  Purchases  from  previous Billing Cycles; (5) 
Cash Advances as of the closing date of the last statement; and (6) Cash Advances this Billing 
Cycle and (7) Credit Purchases from this Billing Cycle. 

  17.   Default and Remedy.   You will be in default and the Credit Union may, to the extent 
permitted  by  law,  terminate  your  Account  and  declare  the  entire  unpaid  balance  of  your 
Account immediately due and payable if: 

a.   You do not make any payment or perform any obligation under this Agreement 

or any other agreement that you have with Credit Union; or 

b.   You have made a false or misleading statement on your Application and/or in 

your representations to Credit Union while you owe money on your Account; or 

c.   You should die, or be involved in any bankruptcy, insolvency, receivership or 

custodial proceedings brought by or against you; or 

d.      A  judgment  or  tax  lien  should  be  filed  against  you  or  any  attachment  or 
garnishment  should  be  issued  against  any  of  your  property  or  rights,  specifically  including 
anyone starting an action or proceeding to seize any of your funds on deposit with Credit Union; 
and/or 

e.      Credit  Union  should,  in  good  faith,  believe  your  ability  to  repay  any 
indebtedness  due  under  your  Account  is  or  soon  will  be  impaired,  time  being  of  the  very 
essence. 

If more than one person is obligated under this Agreement, the Credit Union may proceed with 
collection action against any one of the persons obligated under this Agreement without first 
proceeding against or collecting from any other person.  To the extent permitted by law, the 
Credit  Union  shall  be  reimbursed  by  you  for  all  of  its  costs  and  expenses,  including  actual 
attorneys’ fees, incurred in the course of collecting any amounts owed on your Account. 

  18.   Change of Address.   You will notify Credit Union promptly if you move or otherwise 
have a change of address. 

  19.      Foreign  Transactions.      Transactions  occurring  outside  of  the  United  States  under 
foreign currency rates will be posted to your Account in U.S. Dollars and may be more or less 
than  the  U.S.  Dollar  amount  when  you  made  the  Credit  Purchase  or  obtained  the  Cash 
Advance, due to changes in the foreign exchange rate.  The conversion rate to U.S. Dollars will 
be  at  the  (i)  wholesale  market  rate,  or  (ii)  the  government  mandated  rate,  whichever  is 
applicable, in effect one day prior to the processing date.  In addition the Credit Union will pass 
on to you an International Service Assessment fee which will not exceed 1.00% of the amount 
of the foreign transaction. 

  20.   Refunds and Returns.   If a merchant or other person honoring your Card agrees to give 
you a refund or adjustment on a Credit Purchase, you agree to accept a credit to your Account 
in lieu of a cash refund or cash adjustment. 

  21.   Disputes.   You agree to make a good faith effort to settle all disputes concerning Credit 
Purchases made through the use of your Card with the merchant or other person honoring the 
Card.  Except as provided in the notice of Your Billing Rights, you agree to pay the Credit Union 
all amounts charged to your Account despite any such dispute. 

  22.   Waiver of Claims.   You waive and release Credit Union from all defenses, rights and 
claims you may have against any person or company honoring a Card or other access device 
or  not  permitting  a  Credit  Purchase  or  Cash  Advance,  except  where  such  rights  cannot  be 
waived under the Fair Credit Billing Act (see Your Billing Rights).  If your Account is available to 
provide  overdraft  protection  to  a  deposit  account  under  a  separate  Overdraft  Protection 
Request/Agreement,  you  hold  Credit  Union  harmless  from  any  and  all  claims  which  might 
otherwise arise if an advance is not processed to cover an overdraft regardless of whether or 
not credit was available under your Account. 

  23.      Cancellation.      You  may  cancel  this  Agreement  with  Credit  Union  or  revoke  any 
Authorized  User's  status  at  any  time  by  notifying  Credit  Union  in  writing  and  returning  any 
affected Card.  You understand and agree that Credit Union has up to ten (10) days after such 
notice  to  effectuate  your  cancellation  or  revocation  of  Authorized  User's  status.    You  remain 

obligated to Credit Union for all Credit Purchases or Cash Advances made prior to or up to thirty 
(30) days after such cancellation or revocation, and Credit Union may declare your balance due 
and  payable  together  with  all  applicable  Finance  Charges  and  other  fees  and  charges; 
otherwise you remain obligated to repay any unpaid balance according to this Agreement. 

  24.      Amendment.      Credit  Union  may  change  the  terms  of  this  Agreement  by  mailing  or 
delivering to you written notice of the changes as prescribed by the Federal Truth in Lending 
Act.  Credit Union's right to change the terms of this Agreement includes the ability to change 
the Annual Percentage Rate applicable to your Account. 

  25.      Delay  in  Enforcement.      The  Credit  Union  does  not  lose  any  of  its  rights  under  this 
Agreement if it delays enforcing them. 

  26.   Effect of Unenforceable Provision.   If any provision of this Agreement is determined to 
be unenforceable or invalid, all other provisions shall remain in full force and effect. 

  27.      Provision  Captions.      The  captions  and  catch  lines  used  in  this  Agreement  are  for 
convenience of reference only and in no way define, limit or describe the scope or intent of any 
provision of this Agreement. 

    28.   Applicability.   This Agreement applies to your Visa Credit Card Account with the Credit 
Union. 

  29.    Assignability.      You  shall  have  no  right  to  transfer  your  Account  or  to  assign  this 
Agreement.  The Credit Union, however, shall have the right to assign and transfer, at any time 
and in its sole discretion, this Agreement or any or all of its rights under this Agreement to any 
other person or entity. 

  30.   Ownership of Card(s).   Any Card(s) issued in relation to your Account is the property of 
the Credit Union and upon demand of Credit Union, you will surrender it to Credit Union or its 
authorized agent or destroy it by cutting it in half. 

  31.      Skip  Payment.      At  Credit  Union's  option,  you  may  be  permitted  to  skip  a  minimum 
monthly  payment  for  one  or  more  months  without  penalty.    Finance  Charges  will,  however, 
continue to accrue on your unpaid balance during such a time, and your next minimum monthly 
payment will be calculated according to this Agreement. 

  32.      Governing  Law.      Except  to  the  extent  that  federal  law  controls,  this  Agreement  is 
controlled by the laws of the State of Michigan. 

YOUR BILLING RIGHTS  
KEEP THIS NOTICE FOR FUTURE USE 

Dort Federal Credit Union 
P.O. Box 1635 
Flint, Michigan  48501-1635 

This  notice  contains  important  information  about  your  rights  and  our  responsibilities 
under the Fair Credit Billing Act. 

Notify us in case of errors or questions about your bill. 

If you think your bill is wrong, or if you need more information about a transaction on your bill, 
write us on a separate sheet, at the address shown on your Monthly Billing Statement under 
"SEND INQUIRIES TO:".  Write to us as soon as possible.  We must hear from you no later 
than 60 days after we sent you the first bill on which the error or problem appeared.  You can 
telephone us, but doing so will not preserve your rights. 

In your letter, give us the following information: 

  - 
  - 
  - 

Your name and account number. 
Dollar amount of the suspected error. 
Describe the error and explain, if you can, why you believe there is an 
error.    If  you  need  more  information,  describe  the  item  you  are  not 
sure about. 

If  you  have  authorized  us  to  pay  your  credit  card  bill  automatically  from  your  savings  or 
checking account, you can stop the payment on any amount you think is wrong.  To stop the 
payment,  your  letter  must  reach  us  three  business  days  before  the  automatic  payment  is 
scheduled to occur. 

Your rights and our responsibilities after we receive your written notice. 

We must acknowledge your letter within 30 days, unless we have corrected the error by then.  
Within 90 days, we must either correct the error or explain why we believe the bill was correct. 

After we receive your letter, we cannot try to collect any amount you question, or report you as 
delinquent.  We can continue to bill you for the amount you question, including finance charges, 
and we can apply any unpaid amount against your credit limit.  You do not have to pay any 
questioned amount while we are investigating, but you are still obligated to pay the parts of your 
bill that are not in question. 

If we find that we made a mistake on your bill, you will not have to pay any finance charges 
related to any questioned amount.  If we didn't make a mistake, you may have to pay finance 
charges, and you will have to make up any missed payments on the questioned amount.  In 
either case, we will send you a statement of the amount you owe and the date that it is due. 

If you fail to pay the amount that we think you owe, we may report you as delinquent.  However, 
if our explanation does not satisfy you and you write to us within 10 days telling us that you still 
refuse to pay, we must tell anyone we report you to that you have a question about your bill.  
And, we must tell you the name of anyone we reported you to.  We must tell anyone we report 
you to that the matter has been settled between us when it finally is. 

If we don't follow these rules, we can't collect the first $50.00 of the questioned amount, even if 
your bill was correct. 

Special Rule for Credit Card Purchases 
If you have a problem with the quality of property or services that you purchased with a 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  property  or  services.    There  are  two 
limitations on this right: 

a. 

You must have made the purchase in your home state or, if not within 

your home state, within 100 miles of your current mailing address; and 

b. 

The purchase price must have been more than $50. 

These  limitations  do  not  apply  if  we  own  or  operate  the  merchant,  or  if  we  mailed  you  the 
advertisement for the property or services. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
          
 
 
 
Visa Platinum 

9.5% - 18.0% based on your creditworthiness 

9.5% -18.0%  based on your creditworthiness 
9.5% - 18.0% based on your creditworthiness 
Your due date is 26 days after the close of the billing cycle.  We will not charge you any interest 
on purchases 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  

Interest Rates and Interest Charges 
Annual percentage Rate (APR) 
for Purchases 
APR for Transfers 
APR for Cash Advances 
How to Avoid Paying Interest 
on Purchases 
Minimum Interest Charge 
For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 
Fees 
Annual Fee 
Transaction Fees 

None 

  Balance Transfer Fee 

None 

  Cash Advance Fee 

None 

  Foreign Transaction 

Up to 1% of the transaction amount 

Fee 

Penalty Fees 

  Late Payment 

Up to $25.00 

  Over the Limit Fee 

None 

  Returned Payment 

Up to $20.00 

How We Will Calculate Your Balance:  The Finance Charges shown on your Monthly Billing Statement are figured by multiplying a 
Daily Periodic Rate times the Daily Principal Balance of both Credit Purchases and Cash Advances.  An explanation of this 
method is described in our Visa Credit Card Terms and Conditions – Section 5. 

        Revised  7/10