Billing Rights: Information on your rights to dispute transac-
tions and how to exercise those rights is provided at the end of the 
Account Regulations below. 

1. Responsibility:  If you apply for and receive a Card from us, 
you agree to these Regulations. You also agree to repay all debts 
and any Finance Charge or any other fees or charges arising 
from use of the Cards and the Card account. For example, you are 
responsible for any charges made by yourself and anyone else to 
whom you give the Card. This responsibility continues until you 
recover and return the Card to us. Except to the extent permitted 
by law, you cannot disclaim your responsibility for such charges 
by notifying us, and your responsibility continues even though an 
agreement, divorce decree or other court judgment to which we 
are not a party, may direct you or one of the other persons held 
responsible under the Account to pay the Account. Any person 
using the Card shall be jointly responsible with you for the charges 
made, and if that person signs the card, and receives a copy of 
these Regulations, he or she is also responsible for all charges on 
the Account, including yours.

2. Credit Line: We will establish a maximum credit limit for your 
Account (“Credit Line”) and advise you of its amount. You agree 
not to let the Account balance exceed the Credit Line, but you 
remain responsible for payment if it does. Any Account balance in 
excess of the Credit Line is payable immediately. We reserve the 
right to reduce your Credit Line, from time to time, or to revoke 
your Card, without affecting your obligation to pay all Account 
balances. Maximum cash advance is 50% of your credit limit. The 
Cards remain our property, and if we request, you must recover 
and surrender to us all Cards we have issued on your Account.

3. Use of the Card: To make a purchase or cash advance, present 
the Card to an authorized plan member or financial institution and 
sign the sales or cash advance draft that will be imprinted with 
your Card. You may also obtain a cash advance with the Card 
at certain automated terminals. Regular transactions are counted 
against your Credit Line. You will receive a copy of the draft (or 
machine receipt at a terminal at which there is no attendant), which 
you should retain to verify your monthly statement. We reserve the 
right to make a reasonable charge for photostatic or duplicate cop-
ies of drafts or machine receipts you may request. Your Card may 
not be used for any transaction that is illegal under Federal, State 
or local law. Also, your Card may not be used for any Gambling 
including Internet Gambling.

4. Convenience Checks: We may, from time to time, supply you 
with personalized Convenience Checks that are subject to the fol-
lowing conditions. Only the person whose name is printed on a 
Convenience Check may sign it. All Convenience Checks must be 
written in U.S. dollars. We will not certify a Convenience Check. 
We are entitled to return a Convenience Check unpaid if there is 
not enough available credit on your Account to pay for it, if you 
are in default under these Regulations, if your Card or Convenience 
Check has been reported lost or stolen, if your Convenience Check 
is postdated, if your right to use Convenience Checks has been can-
celled or suspended, or if your Account has been closed. In addi-
tion, we may refuse to honor a Convenience Check whenever we 
would be entitled to dishonor an ordinary check. If we refuse, under 
the terms of these Regulations, to honor a Convenience Check 
issued by you, we may charge your Account an NSF fee. Check our 
website, LandmarkCU.com, or a fee schedule in any branch for 
current fee. A Convenience Check cannot be used to make a pay-
ment on any Landmark Credit Union VISA® Account.

Any Convenience Check that we pay will be posted to your 
Account as a cash advance and will be subject to all the terms 
in these Regulations that apply to cash advances. We shall have 
no liability for any Convenience Check that we return because 
it was written for an amount in excess of your available Credit 
Line. Convenience Checks that you use and we pay will not be 
returned to you but will be identified on your monthly billing 
statement. The Wisconsin Uniform Commercial Code, as well as 
applicable Landmark Credit Union policies and fees, will apply to 
Convenience Checks as if they were checks drawn on a checking 
Account.

5. Introductory Annual Percentage Rate and Monthly Periodic 
Rate: Your introductory rate is 0%. This rate applies for the first 
six billing periods (the “Introductory Rate Period”), unless ter-
minated in the event of delinquency. After the Introductory Rate 
Period ends, your Monthly Periodic Rate and corresponding Annual 
Percentage Rate may vary as described in Section 7.

6. Finance Charge: Your Account will be subject to a Finance 
Charge during any billing period during which you (a) received, 
or had outstanding, a cash advance; or (b) failed to pay in full the 
previous balance shown on the statement during the first 27 days of 
the statement (the “Grace Period”).

Your Landmark Platinum Visa® Finance Charge is calculated 

by applying the Monthly Periodic Rate, determined as set forth 
in Section 6 of these Regulations, to the “average daily balance” 
of your Account. To get the “average daily balance,” we take the 
beginning balance of the Account each day, reduced by any pay-
ment you make, credits we apply, and any late payment fee due, 
and increased by any cash advances and, if the previous balance 
was not paid in full during the Grace Period, all new credit pur-
chases posted through that date. This gives us the daily balance. 
Then we add all the daily balances for the billing period together 
and divide the total by the number of days in the billing period. 
This gives us the “average daily balance.” All accounts are subject 
to a Minimum Finance Charge of $1.00.

You can avoid incurring a Finance Charge on purchases by pay-
ing the New Balance in full within the Grace Period. However, a 
Finance Charge will be imposed on cash advances from the date 
made (on Convenience Checks from the date cleared), and will 
continue to accrue on any cash advances or Convenience Checks 
until your payment is received. If a minimum payment or portion 
thereof is past due by more than 60 days, your Monthly Periodic 
Rate will increase to 2.499% (Annual Percentage Rate of 
29.99%). This Penalty Rate will be effective following any notice 
and waiting period required by law. Your Monthly Periodic Rate 
of 2.499% (Annual Percentage Rate of 29.99%) will remain on 
your Account until your Account has been paid on time and with 
no other event of default for three (3) consecutive billing periods 
after application of the Penalty Rate, at which point it will return 
to the Variable Rate determined as set forth in Section 6 of these 
Regulations.

7. Variable Rates: Your Monthly Periodic Rate and corresponding 
Annual Percentage Rate may vary. Your Monthly Periodic Rate 
is determined by adding a margin of 11.74% for purchases and 
balance transfers and 14.74% for cash advances to the Prime Rate 
published in the Wall Street Journal on the first business day of the 
calendar month preceding the month in which the billing period in 
which the rate will apply begins.

8. Monthly Payment:  Unless there has been no activity on your 
Account since your last statement and your Account shows a zero 
balance, we will mail you a statement for every billing period, 
showing your previous balance, the current transactions on your 
Account, the remaining credit available under your Credit Line, the 
applicable Monthly Periodic Rate, the fees and Finance Charge, 
the new balance, and the minimum payment due. Every billing 

period you must pay at least the minimum payment by its due 
date. You may pay more than the minimum or pay the new bal-
ance in full, which may reduce or avoid the Finance Charge. The 
minimum payment will be 2% of your new balance, or $25.00, 
whichever is greater, or your full new balance if it is less than 
$25.00. We will apply your payment first to the Finance Charge 
then to your unpaid balance in the order transactions were posted 
to your Account. If a different Annual Percentage Rate applies to 
different balances, any payment above the minimum payment will 
be applied to the balance bearing the highest Annual Percentage 
Rate. A minimum payment is required for every billing period and 
any additional amount paid will reduce your balance but will not 
prepay any future minimum payment.

9. Default: You will be in default if: (i) your violation of any 
requirement of these Regulations materially impairs the condi-
tion, value or protection of our right to any collateral securing 
your obligations under these Regulations or your ability to pay the 
obligations due under these Regulations; or (ii) you fail to make 
the minimum payment on or before the due date two times during 
any 12-month period. You will also be in default if your ability 
to repay us or the value or protection of our right in any collateral 
securing your obligations is materially impaired in the event you 
or your spouse die, change marital status, change marital domicile, 
or become the subject of bankruptcy or insolvency proceedings. If 
you are in default, we have the right to demand immediate payment 
of your full Account balance and commence legal action to recover 
collateral or reduce the claim to a judgment, if you do not cure your 
default within 15 days after we mail you a written default notice.

10. Security Interest: Each purchase and cash advance through 
your Account constitutes a transaction pursuant to an open-end 
credit plan in the State of Wisconsin. You agree that the Wisconsin 
Consumer Act applies to all these transactions even though you 
may use them for business purposes or you are a person not other-
wise governed by the Act. To secure each transaction, you grant us 
a purchase-money security interest under the Uniform Commercial 
Code in any goods you purchase with it. If you default, we will 
have the right to recover any of these goods, which have not been 
paid for in full. 

For purposes of determining the amount of the unpaid balance 
secured by our security interest, your payments will be deemed to 
have been applied first to payment of finance charges in order of 
their entry to the account and then to payment of the respective 

amounts financed in the order in which the entries were made and, 
for transactions made on the same day, the smallest shall be deemed 
the first paid. You are hereby granting us a security interest in all 
your funds in your present and future Landmark Credit Union depos-
it accounts, except IRAs and any other accounts exempted by state 
and federal law, to the full amount of your credit card indebtedness 
with us. Should you default under the terms of these Regulations, 
we may, at our sole option, subject to any notice and right to cure 
required by Wis. Stat. Sec. 425.105, at any time thereafter, exercise 
our right of set-off and apply any portion of, or the entire amount of, 
such funds toward payment of the outstanding indebtedness, and/or, 
we may exercise our right to refuse to allow withdrawal from such 
accounts to the full extent of the delinquent amount, all of which is 
subject to the restrictions contained in Section. 226.13 (d) (1) of fed-
eral Reg. Z. If you give, have given or will give us any other secu-
rity interests for all your debts, your Account will also be secured 
by the property described in those security agreements (except your 
home and/or dwelling, home furnishings, appliances and clothing), 
including, if your balance exceeds $1,000 and except as otherwise 
expressly excluded herein, any real property.

11. Credits: If plan members who honor your Card give you credit 
for returns or adjustments, they will do so by sending us a credit 
slip that we will post to your Account. We will apply those credits 
first to offset your current purchases, and then to your previous bal-
ance. If your credits and payments exceed what you owe us, we will 
hold and apply this credit balance against future purchases and cash 
advances, or refund it on your written request if it is $1.00 or more. 
We will make a good faith attempt to return to you any credit bal-
ance that remains in your Account for more than six months.

12. Plan Member Disputes: We are not responsible for refusal 
of any plan member or financial institution to honor your Card or 
Convenience Check. You must resolve directly with the plan mem-
ber any disputes regarding goods or services you purchase with the 
Card, unless, (a) your purchase was made in response to an adver-
tisement we sent or participated in sending you, or (b) your purchase 
cost more than $50.00 and was made from a plan member in your 
state or within 100 miles of your home.

13. Foreign Transaction Fee: A transaction that takes place in a 
foreign country will be charged 1% of the US dollar amount whether 
the transaction was made in US dollars or was converted from a 
foreign currency. For transactions being converted from a foreign 
currency, Visa International will convert foreign currency to US 

 
 
dollars using either the government-mandated exchange rate or the 
wholesale exchange rate in effect one day before the date of the 
conversion, as applicable.  The exchange rate is increased by one 
percent (1%) if the conversion is made in connection with a charge 
to an account and decreased by one percent (1%) if the conversion 
is made in connection with a credit to an account. The date of con-
version by Visa may differ from the purchase date and the posting 
date identified in the monthly statement for your Account.  You 
agree to pay charges and accept credit for the converted transaction 
amounts in accordance with the terms of this paragraph.

14. Unauthorized Use:  You authorize us to pay from your 
Account all items reflecting credit purchases or cash advances 
made with the Card in spite of the absence of your signature on the 
draft or the lack of presentation of the Card. You may be liable for 
unauthorized use of your VISA® Platinum Card. However, YOU 
WILL NOT BE LIABLE FOR UNAUTHORIZED USE THAT 
OCCURS AFTER YOU NOTIFY US OF THE LOSS, THEFT, OR 
POSSIBLE UNAUTHORIZED USE OF YOUR CARD (Customer 
Service, P.O. Box 31535, Tampa, FL 33631-3535; VISA® Platinum 
Card Telephone: 1-800-325-3678.) In addition, you will not be 
liable for unauthorized purchases with your VISA® Platinum Card 
if you have not been grossly negligent or fraudulent in handling or 
using your account or your Card. If you do not meet these condi-
tions, or if the unauthorized use was at an ATM, your liability will 
not exceed $50.00.

15. Effect of Regulations:  These Regulations are the contract that 
applies to all transactions on your Account even though the sales, 
cash advances or credit slips you sign may contain different terms. 
We may amend these Regulations from time to time. If required 
by Section 422.415, Wis. Stats., we will provide written notice of 
an amendment 90 days prior to the date the amendment is effec-
tive. Your use of the Card or Convenience Check thereafter will 
indicate your agreement to the amendments. To the extent the law 
permits, and we indicate in our notice, amendments will apply to 
your existing Account balance as well as to future transactions. No 
delay or omission in exercising any rights granted to us hereunder 
shall impair such rights or be construed to be a waiver thereof. No 
waiver whatsoever shall be valid unless signed in writing by us and 
then only to the extent set forth therein.

16. Fees and Charges:  (a) As permitted by Wisconsin Statutes, 
a $25.00 late payment fee will be assessed against your Account 
if we do not receive your minimum payment on or before the 

due date set forth on your periodic statement; this amount may be 
reduced to $20.00 if the balance on your account at the time of the 
late fee is less than $1,000. (b) You will be charged a lost Card 
replacement fee of $10.00 for any lost Card which we must replace. 
To limit your personal liability, contact us immediately upon dis-
covery of loss. (c) You will be provided one periodic statement per 
billing period and will be charged for each duplicate billing state-
ment, draft, or machine receipt you request. Check our website, 
LandmarkCU.com, or a fee schedule in any branch for the current 
fee. These fees will not be charged if the request is related to a 
billing error under the Fair Credit Billing Act. (d) There will be a 
$30.00 charge for each check presented in payment that is returned 
unpaid. (e) There will be a cash advance fee the greater of $5.00 or 
3% of the amount of the cash advance. 

17. Termination:  If you are a resident of Wisconsin, our receipt of 
a written notice from your spouse terminating his or her liability for 
the Account will constitute an event of default if such termination 
materially impairs the condition, value or protection of our right to 
any collateral securing your obligations under these Regulations or 
your ability to pay the obligations due under these Regulations. You 
will remain responsible for all amounts charged to your Account 
both before and after receipt of such notice. Your privilege of using 
the Card and the Account shall expire on the date shown on the 
Card. You may terminate your Account relationship with us at any 
time by surrendering to us all your Cards and unused Convenience 
Checks, but you will remain liable to us for full payment of any 
balance on your Account. We may revoke your Card at any time 
without prior notification and without affecting your obligation to 
pay the Account balance.

18. Change of Address:  We will send all Account statements and 
any other notices concerning this Account to your address as shown 
on our records. If you change your address, you must notify us of 
your new address within a reasonable time.

19. Applicable State Laws:  The validity, construction, and 
enforcement of these Regulations and all matters arising out of 
the issuance and use of the Card shall be governed by the laws of 
Wisconsin.

20. Joint Account:  You agree that all parties to your Account 
are authorized on your behalf to request credit limit increases, to 
agree to amendments or modifications to the Account, to enter 
into settlements or agreements with us regarding the Account, to 

request additional Cards, or to authorize others to transact business 
on the Account. You agree to be jointly and severally liable for all 
charges to the Account made or authorized by any other party to the 
Account, whether or not such charges caused the Account balance to 
exceed the Credit Limit.

YOUR BILLING RIGHTS
KEEP THIS NOTICE FOR FUTURE USE

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 Statement.

If you think your bill is incorrect, or if you need more information 
about a transaction on your bill, write us at the address listed on 
your bill. Write us as soon as possible. We must receive written 
notice from you no later than 60 days after we have 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, provide 
the following information:

- Your name and Account number.

- The dollar amount of the suspected error.

- Describe the error and explain why you believe there is an error.

- If you need more information, describe the item not understood.

If you have authorized us to pay your bill automatically from your 
other Accounts with us, 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 cor-
rected 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 respon-

sible for the remaining balance of your bill that is 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 the questioned amount. If we 
did not make a mistake, you may have to pay Finance Charges, 
and you will have to make up any missed payments on the ques-
tioned 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 ten days telling us that you still refuse to pay, we must tell 
anyone we report to that you have a question about your bill. And, 
we must tell you the name of anyone to whom we report you. We 
must tell anyone we report you to that the matter has been settled 
between you and us when it finally is. If we do not follow these 
rules, we cannot 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 the 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 100 miles of your 
current mailing address; and (b) The purchase price must have been 
more than $50.00. These limitations do not apply if we own or 
operate the merchant, or if we mailed you the advertisement for the 
property or service.

®

11.74P    5M
9/13

I004516

     Platinum Credit Card 
Disclosure

LANDMARK CREDIT UNION
5445 S. Westridge Drive, P.O. Box 510870
New Berlin, WI 53151-00870
(262) 796-4500, x6609

If your card is lost or stolen, notify us 
immediately by calling: 1-866-325-3678

Credit Card Rules, Regulations, and Disclosures

Keep This Notice for Future Use. These Regulations are effective 
as of July, 2012. In these Regulations, the words “you” and “your” 
mean  each  and  all  of  those  who  applied  for  or  received,  or  who 
signed  and  used,  the  Card.    The  term  “Card”  means  your  VISA® 
Platinum Card issued by Landmark Credit Union and any duplicates 
or renewals we issue. “We,” “us” and “our” means Landmark Credit 
Union.  “Account”  means  your  Landmark  Credit  Union  VISA® 
Platinum Card account.

See insert for current rate and fee information.

How We Will Calculate Your Balance: We use a method called 
“average daily balance” (including new purchases). See Section 5 
of the Account Regulations below for more details.

Loss of Introductory APR: We may end your introductory APR 
and apply the Penalty APR if a minimum payment or portion there-
of is past due by more than 60 days.