PRICING INFORMATION ADDENDUM 

Annual Percentage 
Rates (APRs)  

Cabela's Purchases:      9.99%  
Other Purchases*:        One Month LIBOR plus 14.99% - 17.99%  
Balance Transfer APR:   One Month LIBOR plus 24.99%  
Cash Advance APR:       One Month LIBOR plus 24.99%  

*The APR for Other Purchases (and the margin added to the One Month LIBOR to 
determine this APR) will depend on World’s Foremost Bank’s evaluation of the 
application and the applicant’s credit history. 

Variable Rate 
Information 

The APR for (1) Other Purchases, (2) Cash Advances and (3) Balance Transfers may 
vary. The rate is determined monthly by adding 14.99% - 17.99% for Other Purchases 
and by adding 24.99% for Cash Advances and Balance Transfers to the One Month 
LIBOR. 

For any transactions that accrue interest at variable rates, the rate will be adjusted 
monthly based on the One Month LIBOR (rounded to the nearest hundredth) published 
in the Money Rates section of the Wall Street Journal on the last business day of each 
month (“Index”). We add a margin to the Index to get the annual percentage rate that 
will apply to that category of transactions. An increase in the Index will result in an 
increase in the annual percentage rate, Interest Charges, and may result in an increase 
of the required Minimum Payment Due. Any change to the annual percentage rate as a 
result of a change in the Index will apply to all outstanding balances for the category of 
transactions to which the variable rate applies. There is no limit on the amount by which 
the annual percentage rate may increase.  

Grace period  

The due date is at least 25 days after the close of each billing cycle. We will not charge 
interest on purchases if the entire balance is paid by the due date each month. We will 
begin charging interest on cash advances and balance transfers on the transaction date. 

Balance 
Computation Method  

Balance 
Computation Method 
Explanation 

Average Daily Balance (including new transactions) 

We  calculate  the  Interest  Charge  on  your  Account  by  multiplying  the  Average  Daily 
Balance (including new transactions) by a Daily Periodic Rate for each day in the billing 
cycle. We do this separately for Cabela’s Purchases (i.e., those made at Cabela’s stores, 
Cabela’s  catalogs,  or  online  at  www.cabelas.com),  Purchases  other  than  Cabela’s 
Purchases  (“Other  Purchases”),  Balance  Transfers,  Cash  Advances,  and  promotional 
balances (see “Special Promotions”).  

To calculate the Average Daily Balance, for each day of the billing cycle we take (1) your 
beginning balance; (2) add any new transactions, Interest Charges, Fees and other 
charges (as applicable); and (3) subtract any payments or other credits to get that day’s 
Daily Balance. The Daily Balance is considered to be $0.00 for any day on which the 
Account has a credit balance. We add all your Daily Balances and divide the total by the 
number of days in the billing cycle to get the Average Daily Balance. To calculate the 
Daily Periodic Rate we take the annual percentage rate applicable to your Account and 
divide it by 365. 

Transaction Fees 

Cash Advances:                          4.0% of amount advanced, $10 minimum 
Balance Transfers:                     4.0% of amount transferred, $10 minimum 
Foreign Currency Transaction:    1.0% of each transaction in U.S. dollars 

Penalty Fees 

Late Payment Fee:                     Up to $35 

Eff. 6/1/2013 

 
 
 
 
 
 
 
CARDHOLDER AGREEMENT  

World’s  Foremost  Bank  (“we”  or  “us”)  has  issued  you  one  or  more  Visa  Cards.  You  agree  that  the  use  of  a 
Cabela’s  CLUB  Visa  Credit  Card  (“Card”)  by  you,  a  joint  cardholder,  co-signer,  or  an  authorized  user  or  any 
payment  you  make  on  your  account  (“Account”)  serves  as  your  acceptance  of  the  terms  of  this  Cardholder 
Agreement  and  the  accompanying  Addendum  to  the  Cardholder  Agreement  (collectively,  “Agreement”).  You 
agree  to  repay  all  advances  made  to  you  or  on  your  behalf,  along  with  interest  and  fees,  as  set  forth  in  this 
Agreement.  Capitalized  terms  in  this  Agreement  that  are  not  otherwise  defined  refer  to  and  have  the  same 
meaning as terms used in your monthly billing statements.  

ACCOUNT DEFINITIONS  
Purchases: Goods or services purchased on credit pursuant to this Agreement.  

Balance  Transfers:  Transfers  of  outstanding  balances from  obligations  owed  to  creditors  other  than World’s 
Foremost Bank to your Account. Transfers occur through an advance of funds from your Account to those other 
creditors at your request. Balance Transfers may be limited to a portion of the Credit Limit.  

Cash Advances: Transactions other than Purchases and Balance Transfers, including cash advances, credit 
extended  through  convenience  checks,  tax  payments  and  transactions  with  a  merchant  or  service  provider 
identified as a seller of traveler’s checks, foreign currency, money orders, lottery tickets, or similar products and 
services. Cash Advances may be limited to a portion of the Credit Limit.  

Credit Limit: The maximum amount of credit that may be extended to you at any given time.  

Default: Please see the Section of the Agreement entitled, “What if You Pay Late or Otherwise Fail to Comply 
with this Agreement?”  

Interest  Charge:  The  dollar  amount  of  interest  resulting  from  applying  a  Daily  Periodic  Rate  to  the  Average 
Daily Balance on an account. Please see the Section of this Agreement entitled, “How Interest is Computed” for 
details concerning Daily Periodic Rate, Average Daily Balance, and how the Interest Charge will be calculated 
on your Account. 

Fees: Charges payable under this Agreement, other than Interest Charges.  

Good Standing: When an Account is open and not in Default as defined in this Agreement.  

HOW YOU MAY USE THE ACCOUNT  
You may use your Account for Purchases, Balance Transfers, or to obtain Cash Advances, but may not use the 
Account for any unlawful purpose. You may not be able to use your Account if the Account is in Default under 
the terms of this Agreement. See “What if You Pay Late or Otherwise Fail to Comply with this Agreement?” for 
more information about Default.  

You acknowledge receipt of the initial Credit Limit we have established for your Account. Individual transactions 
are evaluated by us based on factors such as suspected fraud, Account history, credit record, ability to repay, 
prior  Cash  Advances,  safety  and  soundness  considerations,  and  utilization  of  your  Credit  Limit  (i.e.,  your 
Account  balance  in  relation  to  your  Credit  Limit).  If  we  allow  a  transaction  that  causes  you  to  exceed  your 
Credit Limit, we may, at our option, consider you to be in Default or, alternatively, require you to pay, as a part 
of your Minimum Payment Due, the amount by which your balance exceeds your Credit Limit. Information from 
credit bureaus may be obtained in connection with our review of your Account with respect to any renewal  or 
future extension of credit.  

We may adjust the Credit Limit or restrict or terminate your access to credit at any time, subject to any notice 
required by applicable law. Your available credit may not reflect payments posted to your Account, or may only 
reflect a portion of the payments posted to your Account, until up to 10 business days after our receipt of those 
payments.  

  
 
 
 
 
 
 
  
 
 
 
 
 
 
HOW INTEREST IS COMPUTED  
We  calculate  the  Interest  Charge  on  your  Account  by  multiplying  the  Average  Daily  Balance  (including  new 
transactions)  by  a  Daily  Periodic  Rate  for  each  day  in  the  billing  cycle.  We  do  this  separately  for  Cabela’s 
Purchases (i.e., those made at Cabela’s stores, Cabela’s catalogs, or online at www.cabelas.com), Purchases 
other  than  Cabela’s  Purchases  (“Other  Purchases”),  Balance  Transfers,  Cash  Advances,  and  promotional 
balances (see “Special Promotions”).  

Average Daily Balance and Daily Periodic Rate: To calculate the Average Daily Balance, for each day of the 
billing  cycle  we  take  (1)  your  beginning  balance;  (2)  add  any  new  transactions,  Interest  Charges,  Fees  and 
other charges (as applicable); and (3) subtract any payments or other credits to get that day’s Daily Balance. 
The Daily Balance is considered to be $0.00 for any day on which the Account has a credit balance. We add all 
your  Daily  Balances  and  divide  the  total  by  the  number  of  days  in  the  billing  cycle  to  get  the  Average  Daily 
Balance. To calculate the Daily Periodic Rate we take the annual percentage rate applicable to your Account 
and divide it by 365.  

Grace Period: Purchases, Balance Transfers, and Cash Advances will be charged to your Account as of the 
transaction date. If you pay  the New Balance shown on your statement in full on or before the Payment Due 
Date  shown  on  your  statement,  we  will  not  impose  Interest  Charges  on  Purchases  which  accrue  from  the 
Statement Date to the date we receive your payment. We will not impose Interest Charges on new Purchases, 
or any  portion  of  a  new  Purchase,  paid  by  the  Payment  Due  Date  on  your current  statement,  if  you  paid  the 
entire New Balance on your previous statement by the Payment Due Date on that statement. However, Interest 
Charges  will  begin  to  accrue  on  Balance  Transfers  and  Cash  Advances  as  of  the  transaction  date  and  will 
continue to accrue until Balance Transfers and Cash Advances are paid in full.  

Rates: Refer to the Addendum to the Cardholder Agreement for the annual percentage rates that apply to your 
Account.  For  any  transactions  that  accrue  interest  at  variable  rates  (as  reflected  in  the  Addendum  to  the 
Cardholder  Agreement),  the  rate  will  be  adjusted  monthly  based  on  the  One  Month  LIBOR  (rounded  to  the 
nearest hundredth) published in the Money Rates section of the Wall Street Journal on the last business day of 
each  month  (“Index”). We  add  a  margin  to  the  Index  to get  the  annual  percentage  rate  that  will  apply  to  that 
category of transactions. See the Addendum to the Cardholder Agreement for your margin. An increase in the 
Index will result in an increase in the annual percentage rate, Interest Charges, and may result in an increase 
of the required Minimum Payment Due. Any change to the annual percentage rate as a result of a change in 
the  Index  will  apply  to  all  outstanding  balances  for  the  category  of  transactions  to  which  the  variable  rate 
applies. There is no limit on the amount by which the annual percentage rate may increase.  

WHAT FEES AND CHARGES MAY WE IMPOSE?  
In addition to Interest Charges, you may be charged the following Fees:  

  Cash Advance Transaction Fee. For each Cash Advance, we will charge the greater of: (a) $10; or 

(b) 4% of the amount of the Cash Advance.  

  Balance Transfer Fee. For each Balance Transfer, we will charge the greater of: (a) $10; or (b) 4% of 

the amount of the Balance Transfer.  

  Late  Fee.  If  you  fail  to  pay  any  Minimum  Payment  Due  on  or  before  the  Payment  Due  Date  as 
reflected  on  your  statement,  we  will  charge  a  late  fee.  The  late  fee  will  be  the  lesser  of  $25  or  the 
Minimum Payment Due from the previous cycle for your Account. However, the fee will increase to the 
lesser of $35 or the Minimum Payment Due from the previous cycle for your Account if you fail to make 
a payment when due within six billing cycles of any prior late payment. The late fee will never exceed 
the amount of the Minimum Payment Due for the payment in Default.  

  Expedited Delivery Fee. A charge of $20 may apply for expedited delivery of replacement Cards.  
  Foreign Transaction Fee. We will charge 1% of the converted U.S. dollar amount of non-U.S. dollar 
transactions.  Charges  will  be  converted  into  U.S.  dollars  under  a  currency  conversion  procedure 
established by Visa. The exchange rate for these transactions is (a) a rate selected by Visa from the 
range  of  rates  available  in  wholesale  currency  markets  for  the  central  processing  date  (which  may 
differ  from  the  rate  Visa  receives),  or  (b)  the  government-mandated  rate  in  effect  for  the  applicable 
central  processing  date.  The  currency  conversion  rate  used  on  the  processing  date may  be  different 
than the rate that would have been used on the purchase date or the statement posting date.  

 
 
 
 
 
We will charge 1% on transactions where the merchant  is located in a country other than the United 
States and the transaction is settled in U.S. dollars.  

WHAT DO YOU HAVE TO PAY AND WHEN?  
You  must  make  a  minimum  payment  (“Minimum  Payment  Due”)  each  month  as  set  forth  in  your  monthly 
statement.  We  may  refuse  any  payment  not  in  U.S.  dollars  or  which  is  made  by  instruments  not  drawn  on 
financial institutions in the United States. Payments are credited to your Account as of the date of receipt.  

If the New Balance shown on your monthly statement is less than $25, your Minimum Payment Due is the New 
Balance.  Otherwise,  except  if  we  agree  to  a  repayment  or  workout  plan,  your  Minimum  Payment  Due  is  the 
greater of:  

a)  2% of the New Balance, plus any amount past due (previously billed, but unpaid); or  
b)  The total of all periodic Interest Charges, plus (i) Fees, plus (ii) $25, plus (iii) any amount past due or 

any amount by which the New Balance exceeds the Credit Limit at the time of billing.  

We may round the Minimum Payment Due to the nearest dollar.  

If we agree to a repayment or workout plan, you must at least make payments as agreed for the duration of the 
agreed upon plan.  

We must receive the Minimum Payment Due (or a larger amount) by 5:00 p.m. (central time) on the Payment 
Due  Date  on  your  monthly  statement.  You  may  not  pay  the  Account  through  a  Balance  Transfer,  Cash 
Advance,  or Cabela’s  CLUB  Points.  Any  payment  of  an  amount  less  than  the  total  amount  outstanding  does 
not relieve you of your obligation to pay the remaining amount due on the Account unless we have given our 
specific, prior written approval.  

We may apply payments in amounts up to the Minimum Payment Due to your Account in any order or manner 
we choose. Any amount paid in excess of the Minimum Payment Due will be applied to balances in the order of 
those with the highest annual percentage rate to those with the lowest, as reflected on your most recent billing 
statement.  

WHAT IF YOU PAY LATE OR OTHERWISE FAIL TO COMPLY WITH THIS AGREEMENT?  
Your Account will be in default (“Default”) and/or considered not in Good Standing:  

a) 
b) 
c) 

d) 
e) 

If you do not make a required payment when due;  
If you fail to comply with the terms of this Agreement or any other agreement or obligation with us;  
In the event of your fraud or misrepresentation in connection with the application, issuance, or use of 
the Card and/or Account;  
If you use the Account in excess of your Credit Limit; or  
If you become bankrupt or insolvent.  

If you are in Default, we may, at our option, refuse to extend further credit and declare the entire outstanding 
balance immediately due and payable. Defaults also may be reflected in your credit report and the credit report 
of any joint account holders, co-signers and/or authorized users on the Account.  

AUTHORIZED USERS  
You  may designate authorized users of the Account and may request Cards for those authorized users.  You 
are responsible for the use of the Account by any authorized user or other persons who you permit to use the 
Account. You may request to have an authorized user removed from your Account and we will use reasonable 
efforts to do so upon your request. However, you are responsible for collecting and destroying any Cards that 
the authorized user has in their possession. Your request to remove an authorized user will not relieve you of 
responsibility for the charges the authorized user has made on your Account.  

Authorized  users  are  permitted  to  use  the  Account,  make  payments  on  the  Account,  report  the  Account  or 
Cards  as  lost/stolen,  redeem  CLUB  points,  and initiate a  dispute  on  the  Account.  Additionally, if  you  so  elect 
with  respect  to  any  authorized  user,  you  permit  the  authorized  user  to:  obtain  basic  Account  information 
(including  information  such  as  Account  balance,  Payment  Due  Date,  etc.);  change  the  Account  address; 
request  fee  refunds;  request  statement  copies  and  cycle  code  changes;  activate  Account  Cards;  discuss 

 
 
 
 
 
 
 
 
 
 
payment options; and request a credit balance refund. Regardless of your election, the authorized user will not 
be  permitted  to:  discuss  your  credit  information;  close  or  reopen  the  Account;  obtain  assistance  in 
registering/accessing our website; or request the following: name changes; Credit Limit changes; replacement 
Cards;  the  addition  of  authorized  users  or  joint  cardholders;  or  removal  of  a  cardholder  (except  that  an 
authorized user will be permitted to remove themselves as an authorized user on the Account).  

SPECIAL PROMOTIONS  
From  time  to  time,  after  you  enter  into  this  Agreement,  we  may  offer  you  the  opportunity  to  participate  in 
promotional  purchases  at  a  reduced  interest  rate.  In  such  cases,  the  details  of  the  promotion,  including  the 
timeframe of the promotion, the specific type of purchase(s) that qualify for the promotion, and any additional 
limitations  of  the  promotion  will  be  set  forth  in  the  respective  offer.  For  special  promotional  offers  relating  to 
particular purchases at Cabela’s, the promotional period will be for a period of 12 months from the date of the 
qualifying purchase(s), and the promotional rate will be 0% for the qualifying purchase during the promotional 
period. At the expiration of the promotional period the remaining balance of a qualifying purchase (if any) will be 
subject  to  an  interest  rate  of  9.99%.  A  promotional  rate  will  only  apply  to  the  specific  type  of  purchase(s) 
identified in an offer, and such qualifying purchases must be completed before the expiration date set forth in 
the offer in order to receive the promotional rate. Any purchases that are not part of a special promotional offer 
will be subject to the applicable interest rate as set forth in this Agreement.  

ACCOUNT BASICS  
Governing Law: This Agreement and all transactions under the Agreement will be governed by (a) the laws of 
the State of Nebraska (except a person’s capacity to enter into a binding contract will be governed by the laws 
of the state of that person’s residence) and (b) applicable federal law and regulations.  

Card Ownership: You must sign all Cards immediately upon receipt. Cards issued to you, a joint cardholder, 
co-signer, or any authorized user will remain our property. You must return the Cards if we request you to do 
so.  

Termination of Cards and Credit Privileges: We may, at any time, without cause, without prior notice (except 
as required by applicable law), and without affecting your obligations to us, (a) cancel your available credit, (b) 
revoke the Cards, and (c) refuse to make further advances.  

Loss  or  Theft  of  Cards  or  Account  Number:  If  you  notice  the  loss  or  theft  of  your  Card  or  your  Account 
number or a possible unauthorized use of your Card or Account number, you should write to us immediately at: 
P.O. Box 82608, Lincoln, NE 68501; or call us (during normal business hours) at 1-800-850-8402 or (outside of 
business hours) at 1-800-556-5678.  

You will not be liable for any unauthorized use that occurs after you notify us. You may, however, be liable for 
unauthorized use that occurs before your notice to us. In any case, your liability will not exceed $50.  

Change in Terms: We may modify the terms of this Agreement at any time. We will provide you any notice of 
change in terms required under applicable law. Changes will apply to all balances, including existing balances 
and future transactions, except as prohibited by applicable law. If applicable law grants you the right to reject 
any changes, the notice of change in terms will advise you of that right and the effects of rejecting the change.  

Duty  to  Provide  and  Update  Your  Information:  You  agree  to  notify  us  of  any  changes  to  your  address, 
telephone number or income within 30 days of such change.  

Waiver and Severability of Contract Provisions: Our failure to enforce any provision of this Agreement or to 
exercise any of our rights upon Default will not be a waiver of our right to enforce these provisions or declare a 
future Default on other occasions. If any part of this Agreement is determined to be  invalid or unenforceable, 
the balance of the Agreement will remain in full force and effect.  

Authorization to Call and  Monitor/Record Calls: You give us, our affiliates and agents (“Covered Parties”) 
express  consent  to  contact  you  for  any  lawful  purpose  at  any  telephone  number  you  provide  to  us,  or  from 
which you call or may be called by us (including, but not limited to, telephone numbers publicly associated with 
you), and  you  further  agree  that  such  contacts  are not  unsolicited. Such lawful  purposes include,  but  are not 

 
 
 
 
 
 
 
 
 
 
limited to: obtaining information; Account transactions or servicing related matters; suspected fraud or identity 
theft; collection on the Account; and providing information about special products and services. You additionally 
agree that the Covered Parties may contact you at those number(s)  via text message, automatic dialer calls, 
live operator and/or pre-recorded/artificial voice messages. You agree to be contacted by the Covered Parties 
via  all  of  these  methods  whether  or  not  the  phone  number  is  a  home  phone  or  work  phone,  or  whether  it 
connects  to  any  type  of  mobile/wireless  device,  and  also  regardless  of  whether  you  will  be  charged  by  your 
telecommunications service provider for receipt of the calls/messages at those phone number(s).  

We may listen to and record telephone conversations with you (whether the telephone conversation is initiated 
by you or us) for purpose of monitoring and improving the quality of service.  

Request  of  Information  and  Reporting  of  Information:  We  may  periodically  request  updated  information 
from  you  and/or  any  joint  cardholder,  co-signers  or  authorized  users  on  the  Account,  and  we  may  provide, 
consistent  with  applicable  laws  and  regulations,  information  with  respect  to  your  Account  to  others,  including 
consumer reporting agencies and other credit grantors.  

Credit  Reports:  We  may  report  information  about  your  Account  to  credit  bureaus.  Late  payments,  missed 
payments, or other Defaults on your Account, as well as your Account balance, may be reflected in your credit 
report and the credit reports of joint cardholders, co-signers, and/or authorized users on the Account.  

CABELA’S CLUB POINTS REWARDS PROGRAM  
Cabela’s  CLUB  Visa  accounts  that  are  in  Good  Standing  are  eligible  to  receive  “Cabela’s  CLUB  Points”  for 
Purchases  (but  not  for Cash  Advances,  Balance  Transfers,  Interest  Charges,  or  Fees)  at  a  rate  of  at  least  2 
points  for  each  dollar  of  Cabela’s  Purchases  and  1  point  for  each  dollar  of  Other  Purchases.  One  hundred 
(100) Cabela’s CLUB Points equates to one dollar towards purchases at Cabela’s, Inc. and its merchandising 
subsidiaries  located  in  the  United  States.  Cabela’s  CLUB  Points  can  be  redeemed  by  applying  them  toward 
purchases  made  through  Cabela’s  retail  stores  located  in  the  United  States,  www.cabelas.com,  or  Cabela’s 
catalogs issued in the United States any time your Account is open, in Good Standing, and not in Default. You 
may  not  redeem  Cabela’s  CLUB  Points for cash  or to  make  payments  on  your Account.  All  Cabela’s  CLUB 
Points will be cancelled if your Account is closed for any reason. You will be billed for the dollar equivalent 
of any negative Cabela’s CLUB Points balance that may exist at the time your Account is closed. The status of 
your  Cabela’s  CLUB  Points  will  be  summarized  on  each  monthly  statement.  Redemption  of  Cabela’s  CLUB 
Points  is  the  obligation  of  Cabela’s,  Inc.  and  its  merchandising  subsidiaries.  World’s  Foremost  Bank  has  no 
obligation to redeem Cabela’s CLUB Points. We may modify or terminate the Cabela’s CLUB Points program at 
any time.