Billing Rights: Information on your rights to dispute transactions 
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 
Charges or any other fees or charges arising from use of the Card and 
the 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. The Card remains our property, and if we request, 
you must recover and surrender to us all Cards we 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 
copies 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 following 
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 
cancelled or suspended or if your Account has been closed. In addition, 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 a 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 payment 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. Good Student Points Program: Earn 1 Point for every dollar in 
purchases which can be redeemed for merchandise, travel or a reduction 
to principle on qualifying Landmark loans. Earn additional points by 
getting good grades in college. To be eligible for additional points you 
must be a full time student at an accredited college or university in the 
United States. You must submit proof of your grades within 4 months from 
the end of the semester in which the grades were earned. You must state 
that you are requesting the additional Good Student Points. Your Account 
must be open and cannot be delinquent at the time of your request. These 
additional points may take up to two cycles to post to your Account and 
are not redeemable until they have posted. The additional points will be 
awarded as follows:

GPA 
4.00 
3.33 - 
2.67 - 
2.33 - 

Additional reward points

3.99 
3.32 
2.66 

1,500
1,000
750
500

If your school does not award grades based on the 4.0 scale, we will, at our sole 
discretion, award points comparable to those described in the above table.  

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 Student Visa®  Rewards+ Finance Charge is calculated by 
applying the Monthly Periodic Rate, determined as set forth in Section 7 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 payment 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 purchases 
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 $.50.

You can avoid incurring a Finance Charge on purchases by paying 
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 any portion thereof is past due by 
more than 60 days, your Monthly Periodic Rate will increase to 1.5% 
(Annual Percentage Rate of 23.99%). This Penalty Rate will be effective 
following any notice and waiting period required by law. Your Monthly 
Periodic Rate of 1.5% (Annual Percentage Rate of 23.99%) 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.

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 12.74% for purchases and balance transfers and 16.74% 
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 balance in full, which may reduce or avoid the Finance Charge. 
The minimum payment will be 2.5% of your new balance, or $10.00, 
whichever is greater, or your full new balance if it is less than $10.00. 
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 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; 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 otherwise 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 deposit 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 federal Reg. Z. If you 
give or have given us any other security 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 balance. 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 balance 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 member any disputes regarding goods or 
services you purchase with the Card, unless: (a) your purchase was made in 
response to an advertisement 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 conversion 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 1111, Madison, WI 53701-1111; 
VISA® Platinum Card Telephone for Customer Service and to list as Lost or 
Stolen please call 1-866-952-8199.) 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 conditions, 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 

effective. 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 Statues, a $20.00 
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. (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 discovery of loss. (c) You will be provided one 
periodic statement per billing period and will be charged for each duplicate 
billing statement, 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 $25.00 charge for each check presented 
in payment that is returned unpaid. (e) There will be a cash advance fee not to 
exceed the greater of $5.00 or 3% of the amount of the cash advance, up to a 
maximum of $75.00 per 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 the transaction date of the charge(s) in question. 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.

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 responsible 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 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 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 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.

     Student Rewards+
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 
November, 2013. 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 Student VISA® Rewards+ Credit Card account.

See insert for current rate and fee information.

®

I001615

How We Will Calculate Your Balance: We use a method called 
“average daily balance” (including new purchases. See Section 6 of the 
Account Regulations below for more details. 

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 

1.5M
12/13