uses a conversion rate in effect one day prior to its transaction 
processing date. Such a rate is either a wholesale market rate or 
the government mandated rate.

The foreign currency conversion rate in effect on the applicable 
processing date for a transaction may differ from the rate in 
effect on the Transaction or Post Date on your billing statement 
for that transaction.

If a transaction is converted by a third party prior to such 
transaction being processed by MasterCard, the foreign currency 
conversion rate for that transaction will be the rate selected by 
that third party.

CREDIT REPORTING

We may report information about your Account to credit 
reporting agencies. Late payments, missed payments or other 
defaults on your Account may appear on your credit report. If 
you request Cards on your Account for others, we may report 
account information in the names of those other people as 
well. We may also obtain subsequent credit reports on you 
(for example, when we review your Account for a revolving 
credit line increase). If you wish to know which agencies we 
contacted, write us at the Cardmember Service address on your 
billing statement.

If you think we reported erroneous information to a credit 
reporting agency, write us at the Cardmember Service address 
on your billing statement. We will promptly investigate the matter 
and if we agree with you, we will contact each credit reporting 
agency to which we reported and request a correction. If, after 
our investigation, we disagree with you, we will tell you in writing 
or by telephone how to submit a statement to those agencies for 
inclusion in your credit report.

CHANGES TO THIS AGREEMENT
We may change the rates, fees and terms of this Agreement at 
any time for any reason, as permitted by law. Further, we may be 
compelled to change the rates, fees and terms of this Agreement 
if you change your state of residence. We will provide you notice 
of changes as required by law. Any changes to this Agreement 
are binding on you. 

DEFAULT

You will be in default under this Agreement if you fail to pay 
the Minimum Payment Due by its due date; pay by a check or 
similar instrument that is not honored or that we must return 
because it cannot be processed; pay by automatic debit that is 
returned unpaid; make any false or misleading statements in 
any credit application or credit update; file for bankruptcy; or 
die. You will also be in default if you fail to comply with the terms 
of this Agreement or any other Agreement you have with us. If 
you default, we may close your Account and require you to pay 
any unpaid balance immediately, subject to applicable law. 
If you gave the financial institution guaranteeing your Account a 
security interest or other deposit, we may use the deposit amount 
to pay any amount you owe.

AUTHORIZATIONS, CLOSED ACCOUNTS 
AND RELATED PROVISIONS

Authorizations: We do not guarantee authorization of a 

transaction, either by us or by a third party, even if you have 
sufficient credit available. We reserve the right to deny certain 
transactions for any reason and at our sole discretion, including for 
default, suspected fraudulent or unlawful activity, internet gambling 
or any indication of increased risk related to the transaction or 
the Account. You agree that we will not be liable for failing to give 
an authorization. We also reserve the right to limit the number of 
transactions that may be approved in one day. If we detect unusual 
or suspicious activity, we may suspend your credit privileges until we 
can verify the activity, or we may close the Account.

Preauthorized Charges: If you default, if the Card is lost or 
stolen or we change the Account for any reason, we may suspend 
automatic charges with third party vendors. If preauthorized charges 
are suspended, you are responsible for making direct payment 
for such charges until you contact the third party to reinstate the 
automatic charges.

Lost or Stolen Cards, Account Numbers or Convenience 
Checks: If any Card, Account number or Convenience Check 
is lost or stolen or if you think someone used or may use them 
without permission, call Cardmember Service immediately at 
866.596.3061. We may require you to provide certain information 
in writing to help us find out what happened and to comply with 
our investigation. You must identify for us the charges that were not 
made by you, or someone not authorized by you and from which 
you received no benefit. You will not be liable for any unauthorized 
use that occurs after your notify us. You may be liable for 
unauthorized use that occurs before your notice to us. However, if 
you exercise reasonable care in safeguarding your card from risk of 
loss or theft and, upon discovering the loss or theft promptly report 
the loss or theft to us, you will not be liable for any unauthorized 
transactions. In any case, your liability will not exceed $50.00.

Closing Your Account: You may close your Account by notifying 
us in writing or calling the Cardmember Service number shown 
on your billing statement or on the back of your credit Card 
but must still repay the total balance remaining on the Account 
(identified as “New Balance” on your statement) in accordance with 
this Agreement. We may close your Account or suspend Account 
privileges at any time for any reason without prior notice. We may 
also reissue a different Card at any time. You must return any Card 
to us upon request.

Security Interest for Secured Accounts: If your Account is 
a secured account, you gave your financial institution a security 
interest or other deposit to secure payment of your Account. If you 
withdraw your funds from the account set up to secure your credit 
account, the financial institution will notify us and we will close 
your Account.

WHAT TO DO IF THERE IS AN ERROR IN YOUR BILL

Your Billing Rights: Keep This Document For Future Use
This notice tells you about your rights and our responsibilities under 
the Fair Credit Billing Act.

What To Do If You Find A Mistake On Your Statement
If you think there is an error on your statement, write to us at:
ATIRAcredit, P.O. Box 14542, Des Moines, IA 50306-3542.

In your letter, give us the following information:
•  Account information: Your name and Account number.
•  Dollar amount: The dollar amount of the suspected error.
•  Description of problem: If you think there is an error on your bill, 
describe what you believe is wrong and why you believe it is a 
mistake.

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.

You must notify us of any potential errors in writing. 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.

What Will Happen After We Receive Your Letter
When we receive your letter, we must do two things:
1. Within 30 days of receiving your letter, we must tell you that 

we received your letter. We will also tell you if we have already 
corrected the error.

2. Within 90 days of receiving your letter, 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.

• The charge in question may remain on your statement, and we 

may continue to charge you interest on that amount.

• While you do not have to pay the amount in question, you are 

responsible for the remainder of your balance.

• We can apply any unpaid amount against your credit limit.

After we finish our investigation, one of two things will happen:
• If we made a mistake: 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 $50.00 of the amount you question even if your bill is correct.

Your Rights 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 $50.00. (Note: Neither of these 
are 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 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 ATIRAcredit, P.O. Box 14542, 
Des Moines, IA 50306-3542.  

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.

DISPUTE RESOLUTION

Any dispute, controversy or claim arising under or otherwise in 
connection with this Agreement (including any breach, termination, 
validity or enforceability of any provision hereof) (a “Dispute”) shall 
be resolved as follows: Either Party may submit the Dispute to non-
binding mediation in the State of Iowa, in accordance with the Rules 
of Arbitration then prevailing of the American Arbitration Association 
(the “Rules”). The Parties will mutually agree upon the mediator. If the 
Parties are unable to agree upon the mediator, the mediator will be 
selected by the Des Moines, Iowa office of the American Arbitration 
Association. If the Dispute is not resolved through mediation within 
ten (10) business days after the conclusion of the Hearing (as 
defined below), the Dispute may be submitted to arbitration in Des 
Moines, Iowa for resolution by final and binding arbitration by a 
sole arbitrator under the Rules, upon written notice of demand for 
arbitration by the Party seeking arbitration, setting forth the specifics 
of the matter in controversy or the claim being made.

“Hearing” means a hearing before the mediator during which each 
Party presents its position regarding the Dispute. 

APPLICABLE LAW AND ENFORCING OUR RIGHTS 

Applicable Law: The terms and enforcement of this Agreement 
shall be governed by federal law and the law of Iowa.

Enforcing this Agreement: We can delay in enforcing or fail to 
enforce any of our rights under this Agreement without losing them.

Collection Costs: If we refer collection of your Account to a lawyer 
who is not our salaried employee, you are liable for any reasonable 
attorney’s fees we incur, plus the costs and expenses of any legal 
action, to the extent applicable by law.

you are hereby notified that a negative credit report reflecting on 
your credit record may be submitted to a credit reporting agency if 
you fail to fulfill the terms of your credit obligations. 

Florida Residents: You (borrower) agree that, should 
we obtain a judgment against you, a portion of your 
disposable earnings may be attached or garnished (paid 
to us by your employer), as provided by Florida and 
Federal law.

Missouri Residents: Oral agreements or commitments to 
loan money, extend credit or to forbear from enforcing 
repayment of a debt including promises to extend or 
renew such debt are not enforceable. To protect you 
(borrower(s)) and us (creditor) from misunderstanding 
or disappointment, any agreements we reach covering 
such matters are contained in this writing, which is the 
complete and exclusive statement of the agreement 
between us, except as we may later agree in writing to 
modify it. 

New York Residents: We may obtain a credit report in connection 
with this Account, including for any review, modification, renewal 
or collections associated with this Account. Upon your request, you 
will be informed whether such report was requested and, if so, the 
name and address of the consumer reporting agency furnishing the 
report. New York residents may contact the New York State Banking 
Department at 877.226.5697 to obtain a comparative listing of 
credit card rates, fees and grace periods. 

Ohio Residents: The Ohio laws against discrimination require 
that all creditors make credit equally available to all creditworthy 
customers and that credit reporting agencies maintain separate 
credit histories on each individual upon request. The Ohio Civil 
Rights Commission administers compliance with this law.

South Dakota Residents: If you believe there have been any 
improprieties in making this loan or in the lender’s loan practices, 
you may contact the South Dakota Division of Banking at  
1601 N. Harrison Ave, Suite 1, Pierre, SD 57501, or by phone  
at 605.773.3421.

Wisconsin Residents: If you are married, please contact us 
immediately upon receipt of this Agreement at 866.596.3061 
and provide us with the name and address of your spouse. We 
are required to inform your spouse that we have opened a credit 
account for you.

FOR FURTHER INFORMATION

Call Cardmember Service at 866.596.3061. This number is also 
shown on your billing statement and on the back of your Card. 

Assignment: We may assign any or all of our rights and 
obligations under this Agreement to a third party.

California Residents: A married applicant may apply for a 
separate account. Applicants: 1) may, after credit approval, use the 
credit card account up to its credit limit; 2) may be liable for amounts 
extended under the plan to any joint applicant. As required by law, 

The Mutual of Omaha Bank ATIRAcredit™ Card is issued by TMG Financial 
Services pursuant to a license by MasterCard International Incorporated. 
MasterCard and the MasterCard Brand Mark are registered trademarks of 
MasterCard International Incorporated. 

©2014, TMG Financial Services, Inc. ATIRA® is a registered service mark and 
ATIRAcredit™ is a service mark of The Members Group, LLC.

9/14
CMA-1 

 
CARDMEMBER AGREEMENT

the transaction fee may cause the APR on your billing statement on 
which the transaction first appears to exceed your normal APR.

This Cardmember Agreement (“Agreement”), which includes your 
Card carrier and Welcome Letter, is your contract with us and 
governs the use of your Card and Account. The Welcome Letter 
contains important account information, including your annual 
percentage rates. Please read and keep these documents for your 
records.

You agree to use your Account in accordance with this Agreement. 
This Agreement is binding on you unless you have not used or 
authorized use of the Card. You must pay us for all amounts due on 
your Account as specified in this Agreement. Your Account must only 
be used for lawful transactions.

DEFINITIONS
We, us, and our: TMG Financial Services, Inc., the issuer of your 
Mutual of Omaha Bank credit Card Account.

You, your, and yours: the person who applied to open the 
Account and any other person responsible for complying with  
this Agreement, including the person to whom we address the 
billing statements.

Account: the relationship established between you and us by this 
Agreement.

APR: annual percentage rate. 

Annual Fee: None.

Balance Transfer Fee: None.

Foreign Transaction Fee: When you make a transaction outside 
of the United States, a fee equal to 3% of the converted transaction 
amount will be applied to your Account as permitted by state law. 
Up to 1% of the converted transaction amount will be charged for 
CO. The foreign transaction fee is a finance charge. Interest does 
not accrue on the fee. 

Cash Advance Fee: If you use your Account or Card to obtain a 
Cash Advance, we will charge a Cash Advance fee of the greater 
of 4% of the cash advance or $10.00, unless state law limits the 
amount we can charge, in which case the fee shall be the largest 
amount allowable under state law. State law limits include, but 
are not limited to: No fee for WY; $0.25 for IL; 1.5% of the cash 
advance or $5.00 (whichever is less) for WV; 2% of the cash 
advance for TX; 2.5% of the cash advance ($2.00 minimum) for 
CO; 4% of the cash advance or $10.00 (whichever is greater with 
a $30.00 maximum) for MN; 4% of the cash advance or $10.00 
(whichever is greater with a $25.00 maximum) for MO.

The cash advance fee is a finance charge. Interest does not accrue 
on the fee. 

Balance Transfer: the transfer of outstanding balances by you to 
your Account from credit accounts issued by persons other than us. 
A Balance Transfer may only be completed in a method authorized 
by us, which may include through a check issued by us.

OTHER FEES

Some fees vary by state and are disclosed below. Specific fee 
amounts that apply to your Account will be disclosed as part of your 
Welcome Letter.

Card: one or more Cards or other Account access devices, 
including Convenience Checks and Account numbers that we issue 
to you to obtain credit under this Cardmember Agreement.

Cash Advance: an advance that is charged to your Account with 
or in connection with the Card, including obtaining funds through 
an automated teller machine (ATM), banking site or financial 
institution; making a wire transfer; obtaining a money order, 
traveler’s check, lottery ticket, casino chip or similar item; writing a 
Check, drawn on your Account, to yourself or as cash; or engaging 
in a similar transaction.

Convenience Check(s): a draft that looks like other checks, but 
is issued by us and drawn on credit available in your Account. For 
purposes of this Agreement and other communications with you, we 
may refer to these as Convenience Checks, Balance Transfer checks, 
Balance Consolidation checks, or by other means as described in 
offers or communications to you.

Late Payment Fee: We may add a late fee as outlined below to 
your Account for each billing period you fail to pay the Minimum 
Amount Due by the Payment Due Date (unless otherwise limited by 
state law). Up to 5% of the installment payment for VA; Up to the 
lesser of 10% of the average balance of the delinquent amount or 
$2.00 after 31 days delinquent for WA; Up to $5.00 for KY, MN, 
and MS; Up to $7.00 for CA; Up to the lesser of 5% of installment 
or $10.00 after 10 days delinquent in AZ; Up to $10.00 after 10 
days delinquent for WY; Up to the lesser of 10% of outstanding 
balance or $10.00 after 15 days delinquent in MA; Up to $10.00 
after 15 days delinquent for ME and MO; Up to $15.00 after 10 
days delinquent for CO, ID, LA, and WV; Up to the lesser of 5% 
of payment due or $15.00 after 10 days delinquent for TX; Up to 
$15.00 for MI; Up to $16.50 for SC; Up to $17.50 after 10 days 
delinquent for IN; Up to $20.00 after 15 days delinquent for PA; Up 
to $22.00 after 10 days delinquent for OK; Up to $25.00 for AK, AL, AR, 
CT, DC, DE, FL, GA, HI, IA, IL, KS, MD, MT, NC, ND, NE, NH, NJ, 
NM, NV, NY, OH, OR, RI, SD, TN, UT, VT, WI, AE, AA, AP and VI.

Purchase: a Purchase is the use of your Card or Account to 
buy or lease products or services. The Purchase of cash or cash 
equivalents, like casino chips or lottery tickets, is a Cash Advance, 
not a Purchase.

TRANSACTION FEES – FINANCE CHARGES

Transaction Fees and APRs: If you are assessed a transaction 
fee for a Purchase made in a foreign currency or a Cash Advance, 

Returned Payment Fee: We may add a fee as outlined below 
to your Account if a payment check or similar instrument is not 
honored or returned because it cannot be processed, or if an 
automatic debit is returned unpaid. We may assess this fee every 
time your check or payment is not honored, as permitted by law.  
No fee for WY; Up to $10.00 for NY and NV; Up to $15.00 for MD;  
Up to $20.00 for IA and IN; Up to $25.00 for CO, LA, MI, MO and 
NC; Up to $27.00 for AK, AL, AR, AZ, CA, CT, DC, DE, FL, GA, 

HI, ID, IL, KS, KY, MA, ME, MN, MS, MT, ND, NE, NH, NJ, NM, OH, 
OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, AE, AA, 
AP, and VI.

you did not intend to be responsible for those charges. If you revoke 
permission for an authorized user to use a Card or to use your 
Account, you must notify us for the revocation to be effective.

Returned Convenience Check Fee: We may add a fee of up to 
$27.00 to your Account if we decline to honor a convenience check, 
unless state law limits the amount we can charge, in which case the 
fee will be the largest amount allowable under state law. We may 
decline to honor these checks if, for example, the amount of the 
check would cause the balance to exceed the Cash Advance limit 
or revolving credit line, if you default, if you did not comply with our 
instructions regarding the check, or if your Account has been closed. 
State law fee limits include, but are not limited to: No fee in WY; Up 
to $10.00 in NV and NY; Up to $15.00 in MD; Up to $20.00 in IA 
and IN; Up to $25.00 in CO, LA, MI, MO and NC.

Stop Payment on Convenience Check Fee: We may add fee of 
up to $25.00 to your Account if we honor your request to stop payment 
on a Convenience Check. To stop payment on a convenience check, 
write us at PO Box 10346, Des Moines, IA 50306-0346, or call the 
Cardmember Service number on the billing statement. If you call, you 
must confirm the call in writing within fourteen (14) days. A written stop 
payment order remains in effect for six (6) months unless renewed in 
writing. Stop payment fees do not apply to the following states: CO, IN, 
OK and WY.

Credit Card Replacement Fee: We may add a fee to your 
Account if you request a replacement credit Card. This fee is based 
on the delivery type you request. The fee is $5.00 for standard 
delivery; $25.00 if you request a replacement be delivered two (2) 
days after your request; $65.00 if you request a non-emergency 
delivery shipped via FedEx one (1) day after your request; or 
$105.00 if you request an emergency Card replacement which is 
shipped at time of request when it is sent via an overnight delivery 
service. We may add a $10.00 fee to the Purchase balance if you 
request your PIN rush-delivered to you via FedEx. Rush PIN fees do 
not apply to the following states: CO, IN, OK and WY.

Document Copy Fee: We may add a $15.00 fee to your Account 
if you request a copy of a sales slip, refund slip, Cash Advance slip 
or travel and entertainment (T & E) draft. Document copy fees do 
not apply to the following states: CO, IN, OK and WY.

Convenience Check Copy Fee: We may add a $20.00 fee to 
your Account if you request a copy of a returned Convenience 
Check. Convenience Check copy fees do not apply to the following 
states: CO, IN, OK and WY.

Statement Copy Fee: We may add a $5.00 fee to your Account 
if you request a copy of a billing statement. Statement Copy fees do 
not apply to the following states: CO, IN, OK and WY.

Research Fee: We may add a fee to your Account for time we 
spend to research an item regarding your Account at your request. 
The fee is $15.00 per hour. Research fees do not apply to the 
following states: CO, IN, OK and WY.

YOUR ACCOUNT

Authorized Users: You may allow authorized users to use your 
Account. You may request additional Cards for authorized users. 
You must pay us for all charges made by authorized users, even if 

Revolving Credit Line: Your initial revolving credit line appears 
on the Card carrier and your Welcome Letter. Part of your revolving 
credit line, called the Cash Advance limit, is available for Cash 
Advances. Your Cash Advance limit appears on your Welcome 
Letter. We may change your revolving credit line or Cash Advance 
limit at any time for any reason. We may notify you of any change, 
but the change may take effect before you receive notice. We may 
permit you to incur charges that cause your New Balance to exceed 
your revolving credit line. These charges will be evaluated based 
on account performance, information contained on credit bureau 
reports we review periodically and other credit accounts with us. If 
we authorize these charges, you must pay, as part of your Minimum 
Payment Due, the amount by which your New Balance exceeds your 
revolving credit line, including amounts due to Purchases, Cash 
Advances, finance charges, fees or other charges.

Contact Information: You must notify Cardmember Service of a 
change in address or other contact information, including state of 
residence, by calling 866.596.3061, mailing ATIRAcredit, P.O. Box 
14542, Des Moines, IA 50306-3542 or emailing info@ATIRAcredit.
com. (Please note: this email address is not secure; please do 
not include your account information. To discuss account-specific 
information, please call Cardmember Service.) 

Billing Statement: You shall receive a periodic billing statement 
in accordance with applicable law if your Account has a debit 
or credit balance of more than $1 or a finance charge has 
been imposed during that billing cycle. If we deem your Account 
uncollectible or institute collection proceedings through an outside 
agency or attorney, we may stop sending you statements. Periodic 
finance charges and fees may continue to accrue even if we stop 
sending statements.

The total amount you owe us appears as the New Balance on the 
billing statement. To determine the New Balance we begin with 
the total balance at the start of the billing period. We add any 
Purchases, Balance Transfers or Cash Advances and subtract any 
credits or payments credited as of that billing period. We then add 
any periodic finance charges or fees and make other adjustments.

Our Communications With You: If we need to contact you to 
service your Account or to collect amounts you owe, you authorize 
us (and our affiliates, agents and contractors) to contact you at 
any number you provide, from which you call us or at which we 
believe we can reach you. We may contact you in any way, such as 
calling or texting. We may contact you using an automated dialer or 
prerecorded messages. We may contact you on a mobile, wireless 
or similar device, even if you are charged for it.

APRs
APRs Based on Prime: We calculate any APR based on the U.S. 
Prime Rate (“Prime Rate”) by adding a margin to the Prime Rate. 
Your margin is identified in the Welcome Letter you receive from us. 
Your APRs are variable and may increase or decrease if the Prime 
Rate increases or decreases. For each billing period, we use the 
Prime Rate published in The Wall Street Journal three (3) business 
days prior to your statement closing date. If The Wall Street Journal 

does not publish the Prime Rate, we may substitute a similar 
published rate. A change in the APR due to a change in the Prime 
Rate takes effect as of the first day of the billing period for which 
we calculate the APR. We apply the new applicable APR to any 
existing balances, subject to any promotional rates that may apply.

Closing Date of the previous billing period and includes the 
Statement Closing Date of the current billing period

Minimum Interest Charge: If you are charged interest, the 
charge will be no less than $0.50. 

Effect of APR Increases: If the APR on your Account increases 
in accordance with this Agreement and as permitted by law, 
interest charges and your minimum payment may increase.

Penalty Rate: We do not charge a penalty rate.

FINANCE CHARGES

Interest Charges: Interest charges are a finance charge 
added to your Account when we apply the applicable APR to the 
balances on your Account. 

When Interest Charges Begin to Accrue: Interest begins to 
accrue on Purchases, Cash Advances, Balance Transfers, and any 
minimum interest charges from the date it is added to the daily 
balance and continues to accrue until payment in full is credited 
to your Account. 

Your Payment Due Date is at least 25 days after the close of 
each billing cycle. We will not charge you interest on Purchases 
or Balance Transfers that appear on your billing statement if you 
pay the New Balance on your statement in full by the Payment 
Due Date. 

For a Cash Advance, we will begin charging interest on the 
transaction date. 

How We Calculate Your Balance and Interest Charges:  
We calculate the interest charge separately for each Balance 
Subject to Interest rate, including for Purchases at the current 
rate (which includes Balance Transfers at the current rate), 
Cash Advances at the current rate and transactions at different 
promotional rates, as applicable. Your billing statement shows 
each Balance Subject to Interest Rate. 

We figure the interest charge on your Account by applying the 
periodic rate to the “average daily balance” of Purchases (which 
include Balance Transfers) and Cash Advances. The average daily 
balances for Purchases (including Balance Transfers) and Cash 
Advances are calculated separately and determined as follows: To 
get the “average daily balance” we take the beginning balance of 
your Account for each Balance Subject to Interest Rate each day, 
add any new transactions in that category (which may include 
Purchases / Balance Transfers / Cash Advances) and subtract 
any unpaid interest or other finance charges and any payments 
or credits. This gives us the daily balance. Then, we add up all 
the daily balances (for that Balance Subject to Interest Rate) for 
the billing cycle and divide the total by the number of days in the 
billing cycle. This gives us the “average daily balance” for each 
Balance Subject to Interest Rate. 

For each Balance Subject to Interest Rate, we multiply the average 
daily balance by the applicable periodic rate. The periodic rate 
referenced in your Welcome Letter is a ‘monthly’ periodic rate 
and is calculated by dividing the APR on the Account by twelve 
(12). A billing period begins on the day after the Statement 

Convenience Checks: Each Convenience Check must be in 
the form it was issued and used according to any instructions 
we give. The Convenience Check(s) must not be used to pay an 
amount owed us under this or any other account or agreement 
that you have with us. We do not certify Convenience Checks 
or return any such checks that have been paid. At our sole 
discretion, we may choose to honor a Convenience Check after 
its expiration date.

PAYMENTS
Minimum Payment Due: Each month your statement balance 
is greater than $0, you must pay at least the Minimum Payment 
Due by the Payment Due Date. To calculate the Minimum 
Payment Due, we begin with any past due amount and add any 
amount in excess of your revolving credit line. We then apply the 
minimum payment disclosed in your Welcome Letter.

The Minimum Payment Due never exceeds the New Balance. In 
calculating the Minimum Payment Due, we may subtract from 
the New Balance certain fees added to your Account during the 
billing period.

Application of Payments: Each billing period, to the extent 
your payment exceeds the Minimum Payment Due shown on 
your current billing statement, we will apply the excess amount 
to the balance of each transaction category beginning with the 
balance subject to the highest APR. Otherwise, we will apply 
payments and credits at our discretion. In all cases, we will 
apply payments and credit in accordance with applicable law.

Payment Instructions: Payments are credited in accordance 
with the payment instructions on the billing statement. Payments 
received in proper form online, at your financial institution or 
at our processing facility by 5 p.m. local time on any day will 
be credited as of that day. Payments received online, at your 
financial institution or at our processing facility after 5 p.m. 
local time will be credited as of the next day. You must pay us in 
U.S. dollars using a check, similar instrument or automatic debit 
that is drawn on and honored by a financial institution in the 
U.S. Do not send cash. We can accept late or partial payments, 
and payments that reflect “paid in full” or other restrictive 
endorsements, without losing our rights. We reserve the right 
to accept payments made in foreign currency and instruments 
drawn on funds on deposit outside the U.S. If we do, we select 
the currency conversion rate at our discretion and credit your 
Account in U.S. dollars after deducting any costs incurred in 
processing your payment, or we may bill you separately for 
such costs.

Foreign Currency Conversion Procedures: If you make a 
transaction in a foreign currency, other than a Cash Advance 
made at your financial institution or ATM of one of our 
affiliates, MasterCard® converts the amount into U.S. dollars 
as follows: MasterCard complies with its foreign currency 
conversion procedures then in effect. MasterCard currently