MISSION FEDERAL CREDIT UNION AGREEMENTS AND DISCLOSURES 

Mastercard© Credit Card Terms and Conditions 

Interest Rates and Interest Charges 

Annual Percentage Rate 
(APR) for Purchases 

0% Introductory APR on purchases posted within the first 90 days of account opening, ending the 
first billing cycle after the account is open 12 months. 

       After that, your APR will be: 
             Preferred Platinum:                   9.90%, 11.90%, 15.90%, or 16.90%, 
                                                               based on your creditworthiness. 

             Preferred Platinum Rewards:    10.90%, 12.90%, 16.90%, or 17.90%, 
                                                                based on your creditworthiness. 

APR for Balance Transfers 

0% Introductory APR on balance transfers posted within the first 90 days of account opening, 
ending the first billing cycle after the account is open 12 months.  

APR for Cash Advances and 
Convenience Checks 

Paying Interest 

       After that, your APR will be: 

             Preferred Platinum:                   11.90%, 13.90%, or 17.90%, based on your creditworthiness. 

             Preferred Platinum Rewards:    12.90%, 14.90%, or 17.90%, based on your creditworthiness. 

Preferred Platinum:                              11.90%, 13.90%, or 17.90%, based on your creditworthiness. 

Preferred Platinum Rewards:               12.90%, 14.90%, or 17.90%, based on your creditworthiness. 

Your due date is at least 21 days after the close of each billing cycle. We will not charge interest on 
purchases if you pay your entire balance by the due date of each month. We will begin charging 
interest on balance transfers, convenience checks and cash advances on the date the transaction posts 
to your account. 

For Credit Card Tips 
from the Consumer 
Financial Protection 

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 

Fees 
Annual Fee 

Transaction Fees 
  Cash Advance, Balance 

Transfer and 
Convenience Check 

None 

 2% of the amount of each item ($2 minimum) 

  Foreign Transaction 

 1% of each transaction in U.S. dollars 

Penalty Fees 
  Late Payment 

 Up to $25 for the first late payment in any 6-month period 

Up to $35 for each additional late payment in the same 6-month period 

  Returned Payment 


 Up to $22 

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” See your 
account agreement for more details. 

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account 
agreement. 

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MISSION FEDERAL CREDIT UNION AGREEMENTS AND DISCLOSURES 

Mastercard® Credit Card Cardholder Agreement 

The terms and conditions of this Agreement shall apply to all Mastercard Credit Cards issued by Mission Federal Credit Union. In this 
Agreement, the words “Credit Union”, “us”, “we”, “our”, and “Mission Fed” mean Mission Federal Credit Union. The words “you”, “your”, 
“signer”, and “owner” mean each and all of those issued a Mastercard Credit Card. For all intents and purposes of this Agreement, “Card” refers 
to the Mastercard Credit Card or any combination of your Card, Card number, Card security data and Personal Identification Number (PIN). The 
words “Account” and “Credit Line” mean your Mission Fed Credit Card Loan. This Agreement governs the use of Cards issued to you and your 
signers. The agreements, disclosures, rules and regulations applicable to your Account including other agreements you have with Mission Fed, 
now or in the future, remain in effect and are made a part of this Agreement by reference unless specifically modified.  In some circumstances, 
we are required by law to notify you of changes to this Agreement, and at other times notification may not be required. If we are required by law 
to notify you about a change that you have a legal right to reject, we will provide you with instructions as to how you may reject such changes. If 
you do not want to use your Card, please destroy the Card and notify us immediately. 

1.  USING YOUR CARD - Use of your Card constitutes acknowledgement of receipt and acceptance of the terms of this Agreement. You may 
use your Card to make purchases from merchants and others who accept your Card. You may also obtain cash advances from Mission Fed, 
other financial institutions that accept Cards, some merchants and select automated teller machines (ATMs). To obtain cash advances from an 
ATM, you must use a PIN that may be issued for use with your Card. You are prohibited from using your Card to participate in any type of 
Internet  gambling  or  for  any  unlawful  purpose  or  transaction.  Mission  Fed  is  not  responsible  for the  refusal  of any  merchant  or  financial 
institution to honor your Card. 

2.  RESPONSIBILITY  -  You  are  responsible  for  all  transactions  (purchases,  balance  transfers,  convenience  checks  and  cash  advances), 
including associated fees and other charges, made to your Account by you or anyone you authorize to use your Account. If, for any reason, 
we decide to terminate your Card privileges or Credit Line, you remain liable for all amounts owed at that time, plus all future interest charges 
and fees. 

3.  USE  OF  ACCOUNT  BY  OTHERS  -  If  you  permit  another  person  to  use  your  Account,  that  person  is  an  Authorized  User.  It  is  your 
responsibility to pay for all transactions made by that person including any and all interest charges and fees imposed on those transactions, 
even if the amount of the actual use exceeds your permission, to the extent allowed by applicable law. You may request a Card for each 
Authorized User and you must notify us immediately if you want to cancel an Authorized User’s access to your Account. If you cancel an 
Authorized User’s access, we may close this Account and issue a new Account and Cards. It is your responsibility to collect all Cards, and 
other means of access from the Authorized User, and destroy them or return them to us.  

4.  MILITARY LENDING ACT NOTICE: Federal law provides important protections to members of the Armed Forces and their dependents 
relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent 
may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs 
associated  with  credit  insurance  premiums;  fees  for  ancillary  products  sold  in  connection  with  the  credit  transaction;  any  application  fee 
charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain 
participation fees for a credit card account). To receive this notice verbally, please call 1-800-500-6328 – extension 8000 – 7 days a week / 24 
hours a day. 

5.  CONVENIENCE CHECKS - Periodically, Mission Fed may supply you with personalized convenience checks, “Check(s)”, which you may 
use to make purchases or pay other bills. Use of these Checks will be treated as a cash advance and subject to associated transaction fees. The 
person  whose  name  appears  on  the  Check  must  sign  it.  We  may  return  your  Check(s)  unpaid  when  available  credit  in  your  Account  is 
insufficient to cover the amount of the Check(s), when your Account is in default, or when your Credit Line has been suspended. You may 
not use Checks to make payments on your Account. You may not write a postdated Check. A stop payment may be requested on any UNPAID 
convenience check. All stop payment requests must be authorized in writing in order for the stop payment to remain valid for 12 months. Any 
stop payment request made by telephone will be valid for 14 calendar days until a written form is received. A stop payment processing fee 
will be charged. There will also be a processing fee for canceling a stop payment request, and we require the cancellation order in writing.  
For current fees please refer to the Consumer Fee Schedule. 

7. 

6.  CREDIT  LIMIT-  Your  credit limit  will  be established  based  on  your  creditworthiness,  and may  increase  or  decrease  from  time  to  time 
without  prior  notification  to  you.  Your  periodic statement  will  show  the amount  of  credit  available as  of the  statement  date.  You  are  not 
permitted to exceed your credit limit. If your total new balance exceeds your credit limit, you may be required to immediately pay the excess 
amount. 
PERSONAL IDENTIFICATION NUMBER (PIN) - A PIN acts as your signature when obtaining cash advances at participating ATMs 
and for other point-of-sale (POS) transactions. Disclosing your PIN constitutes authorization for use and you remain liable for any and all 
subsequent transactions. Your PIN should be memorized. DO NOT keep your PIN on or with your Card, or any other place on you such as a 
checkbook, wallet or purse. If you forget your PIN, you may request a new one or you can choose your own PIN by visiting any Mission Fed 
branch. Your selected PIN should not be a number that would be found in your wallet or purse, i.e. birth date, address, Social Security number, 
etc. 

10. 

8.  DAILY PERIODIC RATE - The daily periodic rate is determined by dividing the Annual Percentage Rate (APR) by 365 days. 
9.  AVERAGE DAILY BALANCE – To determine the “Average Daily Balance,” we take the beginning balance on your Account each day, 
add any new advances/purchases/fees, and subtract any payments or credits and any unpaid fees and finance charges. 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.” 
INTEREST CHARGES/BALANCE SUBJECT TO INTEREST CHARGE - We figure the interest charges on your Account by applying 
the periodic rate to the average daily balance. Interest Charges will be assessed on your Account for each type of balance (purchases, balance 
transfers, convenience checks and cash advances). If you receive a statement that includes new purchases, and we receive a payment by the 
payment due date for that statement, we will not charge interest on any portion of the new purchases on the following statement if the statement 
shows  we  received  payment  of  the  previous  balance  or  the  previous  balance  was  zero.  Interest  charges  will  accrue  on  balance  transfers, 
convenience checks and cash advances from the date they post to your Account. For more information concerning how your interest charges 

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are calculated, please contact us at 800.500.6328. 

11.  CASH  ADVANCES/BALANCE  TRANSFER/CONVENIENCE  CHECKS  -  In  addition  to  interest  charges,  a  transaction  fee  will  be 
imposed by Mission Fed for each transaction. Refer to the current Consumer Fee Schedule for the amount of the fee. Balance transfers to pay 
any Mission Fed accounts are not permitted. When Introductory APRs are offered for balance transfers, the balance transfer must be conducted 
by using a Cashier’s Check issued by a Mission Fed Branch or the Contact Center; electronic balance transfers do not qualify. 

12.  PAYMENTS - Each month you must pay at least the minimum payment shown on your statement by the due date on the statement. You may 
pay more frequently, pay more than the minimum payment or pay the new balance in full. If you make additional payments, you are still 
required to make at least the minimum payment each month your Account has a balance (other than a credit balance). The minimum payment 
is 2% of your new balance, or $20.00, whichever is greater, or the entire amount of your new balance if it is less than $20.00. If you make a 
payment in excess of the required minimum periodic payment, the excess amount will be applied to balances in descending order, from the 
highest to the lowest APR. 

13.  FEES AND CHARGES - Additional fees and charges applicable to your Card are contained in the current Consumer Fee Schedule and are 

subject to change. 

14.  SECURITY INTEREST - Your Account is also secured by all other shares you have in individual or joint Mission Fed accounts, as allowed 
by law. If you are delinquent or in default, we may apply funds in your shares to your Account. Refer to Security Interest/Statutory Lien in 
the Account Agreement and Disclosures. 

15.  AGREEMENT TO ARBITRATE DISPUTES AND CLAIMS – The Mandatory Arbitration Agreement set forth in the Account Agreement 

and Disclosures applies to this Account and is hereby incorporated by reference as if set forth in full herein. 

16.  DEFAULT/COLLECTION/ATTORNEY FEES - You will be in default of and understand that all available credit under this Agreement 
may be terminated if: (1) you do not make periodic payments as required by this Agreement; (2) you do not keep any promise made in this 
Agreement or any other agreement with Mission Fed; (3) any information that you give us to obtain an advance is false; (4) any third party 
attempts by legal process to take any property belonging to you; (5) you die, become insolvent or a party to any bankruptcy proceedings; or 
(6) as otherwise provided in this Agreement. If you are in default, we reserve the right to decline any further advances and/or charge privileges 
to you and to declare all sums owed under this Agreement immediately due and payable. We may accept late payments or partial payments 
without waiving any rights under this Agreement. If you are in default and we are required to take legal action to collect amounts due, we may  
add to your unpaid balance collection costs, attorneys’ fees, and court costs, all of which you are required to pay. These provisions apply to 
bankruptcy appeals and post-judgment proceedings. 

17.  LIABILITY – LOST/STOLEN CARD NOTIFICATION - You will not be liable for unauthorized transactions using your Card if you 
promptly report the loss or theft to us. If the loss or theft of your card is not reported promptly, your  liability is the lesser of $50 or the amount 
of unauthorized use before notification to us. You will not be liable for unauthorized use that occurs after you notify us of loss, theft, or 
possible unauthorized use of your Card. You may be liable for the unauthorized use of your Card under certain circumstances. If you furnish 
your Card or Card number and grant authority to make purchases or transfers to a person (such as family member, friend or co-worker) who 
exceeds the authority given, this will not be considered unauthorized use and you will be fully liable for the transactions unless you have 
notified us that purchases or transfers by that person are no longer authorized. 
To report a lost or stolen card, call Mission Fed immediately at 800.500.6328. Once you have contacted Mission Fed via phone, you 
have the option to follow up via mail at Mission Federal Credit Union, Card Services Department, P.O. Box 919023, San Diego, CA 
92191-9023. 

18.  TERMINATING YOUR ACCOUNT - Your Account may be terminated by you or Mission Fed at any time, however, such termination will 
not affect your obligation to pay the Account balance plus interest charges and fees on your unpaid balance that are charged after Account 
termination. You are also responsible for all transactions made to your Account after termination unless the transactions were unauthorized. 
Mission Fed has the right to require you to pay your full Account balance at any time after your Account is terminated, regardless of whether 
it is terminated by you or Mission Fed. If this is a Joint Account, the Joint Accounts section also applies to termination of this Account. 
19.  CREDIT  REVIEW,  REPORTING  AND  RELEASE  OF  INFORMATION  –  Mission  Fed  shall  investigate  your  credit  history  when 
opening your Account, and may review your creditworthiness at any time. Based on this information we have the  right  to prohibit  future 
advances or reduce your Credit  Line. Mission Fed may disclose information regarding your Account to consumer reporting agencies and 
creditors who inquire about your credit history with Mission Fed; however, we are not obligated to release any information unless required by 
law. A negative consumer report may be submitted if you fail to fulfill the terms of your credit obligations, your Account is closed for negative 
activity, or a loss is sustained by Mission Fed which was caused by an Account owner or an authorized signer. 

20.  RETURNS AND ADJUSTMENTS - Merchants and others who honor your Card may give you credit for returns or adjustments, by sending 
Mission Fed a credit which will be posted to your Account. If your credits and payments exceed what you owe Mission Fed, the amount will 
be applied against future advances. If the credit balance is $1 or more, it will be refunded upon your written request or may be transferred to 
an open share account after forty-five (45) days. In the event there is no open share, we may send you a check. 

21.  ADDITIONAL BENEFITS/CARD ENHANCEMENTS - From time to time, we may offer you additional services through a third-party 
provider. These services and benefits contain certain exclusions and limitations. It is your  responsibility to review the details of these offers 
prior to acceptance and additional fees may apply. Mission Fed is not obligated to offer any third-party services and may withdraw or change 
them at any time. 

22.  AUTOMATIC BILLING UPDATER - Mission Fed participates in Mastercard’s Automatic Billing Updater (ABU) program, where updated 
card information is provided to participating merchants under certain conditions. To learn more about the ABU program or how to opt out, 
please visit  MissionFed.com/ABU. 

23.  FOREIGN TRANSACTIONS - Purchases and cash advances made in foreign countries and in foreign currencies will be billed to you in 
U.S.  dollars  using  the  rate  of  exchange  between  the  transaction  currency  and  the  billing  currency.  Foreign  transactions  include  internet 
transactions initiated in the US with a merchant who processes the transaction in a foreign country. The rate will be (i) a rate selected by 
Mastercard from the range of rates available in wholesale currency markets for the applicable central processing date, which may vary from 
the rate Mastercard itself receives, or (ii) the government-mandated rate in effect for the applicable central processing date, in each instance, 
plus or minus any adjustment determined by Mission Fed. In addition, you will be charged a Foreign Transaction Fee on the amount of the 
purchase or cash advance. Please refer to  the current Consumer Fee Schedule for applicable fees. 

24.  JOINT ACCOUNTS - If this is a joint Account each owner will be individually and jointly liable for payment of all amounts owed under 
this Agreement. Mission Fed may require any owner to repay the entire amount owed under this Agreement, regardless of who conducted the 
transactions. Each owner authorizes the other(s) to individually transact and will be liable for the individual actions of each other. Any owner 

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may terminate the Account and the termination will be effective as to all owners. 

25.  ACCESS TO YOUR ACCOUNT - You acknowledge that any joint owner(s) on your Mission Fed share accounts may have access through 
your Mission Fed share Accounts to all of the information on your Mission Fed Credit Card Loan Account, even if your Mission Fed Credit 
Card Loan Account is not a joint Account. This may include, but is not limited to, information regarding transactions, loan history, and any 
other information relating to your Account. You also acknowledge and agree that any joint owner(s) on your Mission Fed share Accounts have 
access through your Mission Fed share Accounts to advance funds from your Mission Fed Credit Card Loan Account, even if your Mission 
Fed Credit Card Loan Account is not a joint Account. As the owner of your Mission Fed Credit Card Loan Account, you are fully responsible 
for, and must repay, all advances obtained from your Account by joint owner(s) on your Mission Fed share Accounts. Once a joint owner is 
added to a Mission Fed share Account, they may not be removed from the Account. If a separation of Account ownership is desired, new 
Account(s) must be opened. 

26.  EFFECT OF AGREEMENT - The terms of this Agreement are binding and applicable to all Account transactions and supersede receipts 

and/or other documents issued through use of your Card which may contain different terms. 

27.  WAIVERS AND SEVERABILITY - We may waive or decline to enforce any of our rights under this Agreement without affecting any of 
our remaining rights. Should any provision of this Agreement be deemed invalid or unenforceable, such determination shall not affect the 
validity or enforceability of any other provision. 

28.  STATEMENTS AND NOTICES - Statements and notices, including electronic statements and notices, provided to any Account owner will 
be considered notice to all Account owners. For more information on electronic statements and notices please refer to eStatement and eNotice 
Agreement and Disclosures. 

29.  FINAL EXPRESSION - Written Agreements applicable to your Account may not be contradicted by evidence of any alleged oral agreement. 
30.  GOVERNING LAW - This Agreement, your Account, as well as all applicable rights and duties and your rights and duties, will be governed 
by and interpreted in accordance with federal law to the fullest extent possible. Where federal law does not apply, such obligations will be 
governed by California law, regardless of where you live or use your Card. This Agreement  is made in California. All credit will be extended 
from California and all repayment must be made in California. The venue for disputes shall be in San Diego County, California. 

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YOUR BILLING RIGHTS: KEEP THIS NOTICE FOR FUTURE USE 

This notice contains important information about your rights under the Fair Credit Billing Act. 

If you think there is an error on your statement write to us at: Mission Federal Credit Union, P.O. Box 919023, San Diego, CA 92191-9023. 
You may also contact us via secure email on Mission Fed Online Banking. 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. You must contact us within 60 days after the error appeared on your statement, at 
least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you think is wrong. In your written 
notification, give us the following information: 

(1)  Your name and account number 
(2)  The dollar amount of the suspected error 
(3)  If you think there is an error on your bill, describe what you believe is wrong and why you believe it is a mistake 

When we receive your notice we will, within 30 days of receiving your written notice, tell you that we received your notice. We will also tell you 
if we have already corrected the error. Within 90 days of receiving your notice, 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. Additionally, 

(1)  The charge in question may remain on your statement, and we may continue to charge you interest on that amount. 
(2)  While you do not have to pay the amount in question, you are responsible for the remainder of your balance. 
(3)  We can apply any unpaid amount against your credit limit. 

After we finish our investigation if we determine a mistake was made, 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. 

If you are dissatisfied with your credit card purchases - If you are dissatisfied with the goods or services that you have purchased with your credit 
card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the 
purchase. To use this right, all of the following must be true: 

(1)  The purchase must have been made in your home state or within 100 miles of your current mailing address, and the purchase price 
must have been more than $50. (Note: Neither of these is necessary if your purchase was based on an advertisement we mailed to 
you, or if we own the company that sold you the goods or services.) 

(2)  You must have used your credit card for the purchase. Purchases made with cash advances from an ATM 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: Mission Federal Credit Union, Card 
Services Department, P.O. Box 919023, San Diego, CA 92191-9023 or via secure email on Mission Fed Online Banking. 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. 

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