Visa Account Rates, Fees and Terms 
INTEREST RATES AND INTEREST CHARGES 

Annual Percentage Rate (APR) for 
Purchases, Cash Advances, and 
Balance Transfers 

Visa Classic 

Visa Platinum 

Visa Platinum Rewards 

8.9% to 17.9% 

8.4% to 17.4% 

8.4% to 17.4% 

Paying Interest 

Your due date is at least 25 days after the close of each billing cycle. We will 
not charge you any interest on purchases made with your card if you pay your 
entire balance by the due date each month.  We will begin charging interest on 
cash advances, balance transfers and checks on the posting date.    

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 

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/askcfpb/  

Annual Fee 

Transaction Fees 

  Cash Advance  

  Balance Transfer  

  Foreign Transaction  

FEES 

Visa Classic: None 

Visa Platinum: None 

Visa Platinum Travel: $45.00 

None 

None 

1.00% of the US dollar amount of the foreign transaction for foreign currency 
conversions 

0.80% of the US dollar amount of the foreign transaction for International 
Service Fee (ISA) 

Penalty Fees 

  Late Payment  

  Card Replacement  

  Returned Payment  

Up to $35 

$8.00/card 

$12.00 

How We Will Calculate Your Balance:  We use a method called “average daily balance” (including new purchases). 
APR is based on creditworthiness. 
Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in your 
account agreement. 
Rate Adjustments:  This is an adjustable rate loan.  Rates may change at the discretion of the credit union and you will 
be given advance notice before any rate increase.  Rate increases will not apply to account balances outstanding at the 
time notice is provided. 
Late Payment Fees:  A late fee will be assessed during any billing cycle in which your payment is not received within ten 
(10) days of the due date.  Late fees will be $25 for the first late payment and $35 for any late payment during the 
following six (6) billing cycles. 

These Account Disclosures for the Visa Credit Card are part of and integrated with your VISA Credit Card Agreement with 
Advantis Credit Union.  We reserve the right to amend the VISA Credit Card Agreement as permitted by law. Rate 
information is accurate as of 1/25/2018. 

                                             
 
 
 
 
  
 
 
 
 
Visa Credit Card Account Agreement 

This Agreement covers the VISA Credit Card Account issued by Advantis Credit Union (“Credit Union”). In this Agreement 
the words “you,” “your,” “yours,” “applicant,” and “Borrowers” mean any person who signs the application for this Account, 
any joint obligor, guarantor, authorized user, or the person whose name is embossed on the Card. The words “we,” “us,” 
“our,” and “Credit Union” means Advantis Credit Union. The word “Card” means any one or more credit cards issued 
under this Account. If you sign an application for this Account or sign or use any Card or PIN, or allow others to use the 
Card or PIN, you and they will have accepted this Agreement just as if you and they signed it, and you and they, jointly 
and severally, will be bound by the following terms and conditions which will govern this Account. 

1.  YOU PROMISE TO PAY 

You promise to pay us all amounts, plus any FINANCE CHARGES, which arise from use of the Card or Account by you or 
any other person, and to be jointly and severally liable with such a person, unless such other person does not have actual, 
implied, or apparent authority for such use, and you received no benefit from the use. You promise to pay us either by 
direct payment or by automatic transfers from shares or by payroll deduction. 

2.  PURCHASES AND CASH ADVANCES 

You must sign the Card to use it. Once you have signed the Card, you can use it to buy or lease goods, services, or 
insurance wherever the Card is honored, up to the full amount of your Credit Line. You may use your Account to get cash 
advances from us. You may also use your Card to get a cash advance from VISA ATMs and participating financial 
institutions. In addition, you may obtain cash advances by overdrawing your checking account. Loan overdraft transfers 
will be made in increments of $100 to the amount necessary to cover the overdraft. You authorize us to charge your 
account and deposit such funds to your checking account. You understand that you will be liable for overdraft advances 
accessed by any authorized person on your checking account. If we approve, you may obtain advances under your 
account by writing preprinted convenience checks that we supply to you. Your use of loan checks will be shown as credit 
advances on your monthly statement. We may not honor your loan check if: your check is postdated; payment of loan 
check would exceed your credit limit; a loan check is signed by a person without authorized access to your account; the 
amount of the loan check is less than the minimum required amount; your account has been terminated or suspended or 
any loan checks have been reported lost or stolen. You may stop payment on a loan check if you provide us with the 
exact information describing the check and providing us with adequate notice to act on the stop payment instruction. If you 
give us incorrect information, we will not be responsible for failing to stop payment of the loan and you will be responsible 
for repayment of the amount of the check. You understand there may be a charge for each stop payment order requested 
and any loan check returned. Our liability for wrongful dishonor is limited to your actual damages; however, a dishonor for 
reasons stated above is not a wrongful dishonor. You may not use the Card for any illegal or unlawful transaction, and we 
may decline to authorize any transaction that we believe poses an undue risk of illegality or unlawfulness. 

3.  CREDIT LINE 

If your application is approved by us, this Agreement will constitute a revolving line of credit for an amount which will be 
the Credit Line under your Account. We will advise you of the amount of your Credit Line. That amount will be the 
maximum amount you may have outstanding at any one time. You agree not to attempt to obtain more credit than the 
amount of your Credit Line. However, if you temporarily exceed your Credit Line, you agree to repay the excess 
immediately, even if we have not yet billed you. Obtaining such credit does not increase your Credit Line. We retain the 
right to increase or decrease your Credit Line at any time. Any increase or reduction in the amount of your Credit Line will 
be shown on your monthly statement or by separate notice together with any changes in the applicable Minimum 
Monthly Payments. Your eligibility for this Credit Line is determined by our loan policy and may be terminated at our sole 
discretion, without demand or notice. You may close your Credit Line at any time by notifying us in writing and returning all 
Cards cut in half. If you terminate this Agreement or if we terminate or suspend your credit privileges, the provisions of this 
Agreement and your liability hereunder shall otherwise remain in full force and effect until you have paid us all sums due 
us under this Agreement and returned all Cards. 

4.  MINIMUM MONTHLY PAYMENT 

You agree that you will pay each month not less than the Minimum Monthly Payment on or before the scheduled monthly 
due date. Minimum Monthly Payments include all amounts past due, late charges, overlimit charges, and the minimum 
regular payment. The minimum regular payment will be 3% of your Total New Balance, or $25, whichever is greater. If 

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your outstanding balance is $25 or less, you agree to pay the balance in full. Every month you must pay the Minimum 
Payment by the due date shown on your statement. You may pay in full for all your purchases and cash advances each 
month, or you may repay in monthly installments. We can accept late payments or partial payments, or checks, drafts, 
and money orders marked “payment in full,” without prejudice to our rights under this Agreement, which are hereby 
explicitly reserved. Payments will be applied first to overlimit and/or late charges, previously billed and unpaid FINANCE 
CHARGES, previously billed and unpaid purchases, and the remainder, if any, to cash advances. 

5.  SECURITY INTEREST/PLEDGE OF SHARES 

To secure your Account, you grant us a purchase money security interest under the Oregon Uniform Commercial Code 
in any goods you purchase through your Account. If you default, we will have the right to recover any of these goods 
which have not been paid for through application of your payments in the manner described in Section 4. Collateral 
securing other loans with the Credit Union, except loans secured by real property, also secures this Account. You also 
pledge all of your present and future shares and any earnings thereon as security for obligations under your account. You 
understand that if you default on your VISA Account, we may apply all that is pledged to your VISA Account (IRA and 
Keogh accounts are excluded from the Pledge of Shares). 

6.  PERIODIC STATEMENTS 

Each month, we will send you a statement showing new purchases, cash advances, payments, and credits made to your 
Account during the billing cycle, your Previous Balance, your “Total New Balance,” any FINANCE CHARGE, and any 
other charges. Your statement also will identify the remaining credit limit available and the Minimum Monthly Payment you 
must make for that billing period and the date it is due. You agree to retain for statement verification copies of transaction 
slips resulting from each purchase, each advance, and other transactions on your Account. Unless you notify us of a 
billing error as described below, you accept your monthly statement as an accurate statement of your Account with us. 

7.  CIRCUMSTANCES UNDER WHICH A FINANCE CHARGE WILL BE IMPOSED 

The total outstanding balance of purchases and cash advances in the Account on the closing date of a billing cycle, 
including any FINANCE CHARGE will be shown on the Periodic Statement for that billing cycle as the “New Balance.” 

a. Cash Advances. A FINANCE CHARGE will be imposed on cash advances (including balance transfers) from the date 
each cash advance is made. There is no time period within which to pay to avoid a periodic FINANCE CHARGE on cash 
advances. 

b. Purchases. Your due date will be at least 25 days after the closing date. A FINANCE CHARGE will be imposed on the 
unpaid portion of purchases included in the new balance when the entire new balance is not paid in full by the due date 
shown on the statement. This “grace period” allows you to avoid a FINANCE CHARGE on purchases for a billing cycle (if 
there is no unpaid purchase balance from the prior cycle). If you do not pay within the grace period, your FINANCE 
CHARGE will accrue from the first day of the billing cycle in which payment is due, and will accrue on new purchases from 
the date of purchase. 

8.  METHOD USED TO DETERMINE THE BALANCE ON WHICH THE FINANCE CHARGE MAY BE 

COMPUTED AND AMOUNT OF FINANCE CHARGE 

The Credit Union figures the Periodic FINANCE CHARGE on your Account by applying the Periodic Rate to the “Average 
Daily Balance” of new and previous unpaid transactions for your Account, and multiplying by the number of days in the 
billing cycle. To get the “Average Daily Balance” we take the beginning purchase and cash advance balances of your 
Account each day, add any new purchases and cash advances, insurance premiums or debit adjustments or charges and 
subtract any payments or credits, unpaid FINANCE CHARGES and unpaid late charges, and the amount that is subject to 
the grace period. This gives us the daily balance. Then we add up all the daily balances for the billing cycle and divide by 
the number of days in the billing cycle. This gives us the Average Daily balance for purchases and for cash advances. 

9.  PERIODIC RATE AND CORRESPONDING ANNUAL RATE 

The Daily Periodic Rate and corresponding ANNUAL PERCENTAGE RATE for your Account is based on your credit 
history. A range of Daily Periodic Rates and ANNUAL PERCENTAGE RATES currently offered by the Credit Union is set 
forth in the Loan Rate Schedule, which is incorporated into this Agreement by reference and as amended from time to 
time. The Daily Periodic Rate and ANNUAL PERCENTAGE RATE that will apply to your Account will be disclosed on the 
notice that accompanies (and is part of) this Agreement. 

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10.  CONDITIONS UNDER WHICH OTHER CHARGES MAY BE IMPOSED 

You agree to pay all applicable fees and charges to your account for: payments that are past due for a period of ten (10) 
or more days; each check returned to the Credit Union for insufficient funds, account closure or any other reason; 
photocopies of sales drafts or account statements and any associated research time; annual card fee; replacement card 
fee; recovery of lost, stolen or cancelled card fee; ATM network transaction fees; and any other related fees and charges 
as set forth on the Credit Unions Rate and Fee Schedule as incorporated herein by reference and as amended from time 
to time. If you default on any part of this Agreement, you agree to pay us all costs to collect your Account, including court 
costs and reasonable attorney fees whether or not there is a lawsuit, and fees on any appeal and fees for bankruptcy 
proceedings, appeals, and any post judgment collection services, if applicable. These fees and costs may be added to 
your Account balance and will bear interest at the ANNUAL PERCENTAGE RATE in effect at that time. 

The use of your Card and Account are subject to the following conditions: 

11.  CONDITIONS OF CARD USE 

a. Ownership of Cards. Any Card or other credit instrument or device which we supply to you is our property and must be 
returned to us, or to any person whom we authorize to act as our agent, or to any person who is authorized to honor the 
Card, immediately according to instructions. The Card may be repossessed at any time in our sole discretion without 
demand or notice. You cannot transfer your Card or Account to another person. 

b. Signing the Card. The Card we supply to you is not valid unless signed. By signing, accepting, retaining or using the 
Card, cardholder and all users agree to all terms and conditions set forth by the Credit Union. 

c. Honoring the Card. Neither we nor merchants authorized to honor the Card will be responsible for the failure or refusal 
to honor the Card or any other credit instrument or device we supply to you. If a merchant agrees to give you a refund or 
adjustment, you agree to accept a credit to your Account in lieu of a cash refund. 

d. Foreign Transactions. Visa purchases and cash advances made in foreign countries and foreign currencies will be 
billed to you in U.S. dollars. The exchange rate between the transaction currency and the billing currency used for 
processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency 
markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the 
government-mandated rate in effect for the applicable central processing date. The exchange rate used on the processing 
date may differ from the rate that would have been used on the purchase date or cardholder statement posting date. In 
addition, you will be accessed a fee for any card purchase or cash withdrawal involving a currency conversion. You will 
also be assessed an International Service Assessment (ISA) fee for all purchases and cash advances made in foreign 
countries but in U.S. Dollars. See our Rate and Fee Schedule for the current Foreign Currency Conversion fee and ISA 
fee. 

e. Notices and Payments. All notices will be sent to your address as shown in the application. You agree to advise us 
promptly if you change your mailing address. All payments should be mailed to us at the remittance address shown on 
your monthly statements. Payments received at that address will be credited to your Account as of the date received. 

f. Personal Identification Number. If we issue you a Personal Identification Number (PIN) for use with your Card in 
accessing your line of credit at automated teller machines (ATMs), these numbers are issued to you for your security 
purposes. These numbers are confidential and should not be disclosed to third parties. You are responsible for 
safekeeping your PIN. You agree not to disclose or otherwise make available your PIN to anyone not authorized to sign 
on your Accounts. To keep your Account secure, please do not write your PIN on your Card or keep it in the same place 
as your Card. 

12.  DEFAULT 

You will be in default under this Agreement if any of the following occur: (a) Any Minimum Monthly Payment is not made 
when due; (b) You become insolvent, bankrupt, or you die; (c) You violate any part of this Agreement, or any other 
agreement with us; or (d) if we reasonably deem ourselves insecure with respect to your Account. Upon default, we may 
declare the entire unpaid balance immediately due and payable, and you agree to pay that amount plus any attorneys 
fees and costs incurred by us. We can delay enforcing any right under this Agreement without losing that right or any 
other right. We will notify you in writing of any such action as soon as practical if it occurs. 

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13.  GOVERNING LAW 

This Agreement will not take effect until it is approved by us. This Agreement shall be governed by the laws of the State of 
Oregon. 

14.  SEVERABILITY 

If any provision of this Agreement is held invalid, the remaining provisions that are severable shall remain in effect. 

15.  LOSS OR THEFT OF CREDIT CARD 

You agree to notify us immediately, orally or in writing, at Advantis Credit Union, PO Box 14220, Portland, Oregon 97293-
0220, or telephone 503 785-2528 or 800 547-5532, of the loss, theft or unauthorized use of your Credit Card. If you notify 
us of your lost or stolen Credit Card, you will not be liable for any losses. This liability exclusion will apply provided you 
were not grossly negligent or fraudulent in handling your credit card, otherwise your liability for unauthorized VISA Credit 
Card transactions may be up to $50. 

16.  CREDIT INFORMATION/FINANCIAL STATEMENTS 

You authorize us to release information to others (e.g., credit bureaus, merchants, and other financial institutions) 
regarding the status and history of your Credit Line. You agree to provide us, at any time we deem necessary, with a 
current financial statement and/or a new credit application upon request. We may investigate your credit directly or 
through a credit reporting agency. 

17.  CARD INFORMATION UPDATES AND AUTHORIZATIONS 

If you have authorized a merchant to bill charges to your card on a recurring basis, it is your responsibility to notify the 
merchant in the event your card is replaced, your card information (such as card number and expiration date) changes, or 
the account associated with your card is closed. However, if your card is replaced or card information changes, you 
authorize us, without obligation on our part, to provide the updated card information to the merchant in order to permit the 
merchant to bill recurring charges to the card. You authorize us to apply such recurring charges to the card until you notify 
us that you have revoked authorization for the charges to your card.  

Your card is automatically enrolled in an information updating service. Through this service, your updated card information 
(such as card number and expiration date) may be shared with participating merchants to facilitate continued recurring 
charges. Updates are not guaranteed before your next payment to a merchant is due. You are responsible for making 
direct payment until recurring charges resume. To revoke your authorization allowing us to provide updated card 
information to a merchant, please contact us. 

18.  ACKNOWLEDGMENT AND AMENDMENTS 

You understand and agree to the terms and conditions in this Agreement and the Fair Credit Billing Notice. You 
acknowledge that you have received a copy of this Agreement and Disclosure and the Fair Credit Billing Notice. We 
have the right to change any terms or conditions of this Agreement at any time, subject to applicable laws. 

19.  BILLING ERRORS NOTICE, 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 Bill. If you think your bill is 
wrong, or if you need more information about a transaction on your bill, write to us at the address listed above. Write to 
us as soon as possible. We must hear from you no later than 60 days after we sent you the first bill on which the error or 
problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, give us the following 
information: 

  Your name and Account number. 
  The dollar amount of the suspected error. 
  Describe the error and explain, if you can, why you believe there is an error. If you need more information, 

describe the item you are not sure about. 

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If you have authorized us to pay your Account bill automatically from your savings or checking account, you can stop the 
payment on any amount you think is wrong. To stop the payment your letter must reach us three business days before the 
automatic payment is scheduled to occur. 

Your Rights and Our Responsibilities After We Receive Your Written Notice 

We must acknowledge your letter within 30 days, unless we have corrected the error by then. Within 90 days, we must 
either correct the error or explain why we believe the bill was correct. After we receive your letter, we cannot try to collect 
any amount you question, or report you as delinquent. We can continue to bill you for the amount you question, including 
FINANCE CHARGES, and we can apply any unpaid amount against your credit limit. You do not have to pay any 
questioned amount while we are investigating, but you are still obligated to pay the parts of your bill that are not in 
question. If we find that we made a mistake on your bill, you will not have to pay any FINANCE CHARGE related to any 
questioned amount. If we didn’t 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 you to that you have a question about your bill. And, we must tell you the name of anyone to whom we 
reported you. We must tell anyone we report you to that the matter has been settled between us when it finally is. If we 
don’t follow these rules, we can’t 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 a credit card, and you have tried in 
good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the 
property or services. There are two limitations on this right: 

  You must have made the purchase in your home state or, if not within your home state within 100 miles of your 

current mailing address; and 

  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 
services. 

VISA SUPPLEMENTAL AGREEMENT 

This is part of your VISA Credit Card Agreement with Advantis Credit Union. We reserve the right to amend the VISA 
Credit Card Agreement as permitted by law. 

Security Interest and Credit Agreement. 

By signing this application or accepting or authorizing use of any credit cards issued by Advantis Credit Union, 
I/we grant Advantis a security interest in present and future funds on deposit with the credit union to secure 
payment of my obligations on this account. I/we also acknowledge Advantis’ statutory lien rights under either 
state or federal law and agree that such a lien is impressed as of the date that this account is opened. I/we agree 
that Advantis can apply the deposits pledged at the time of any default on this account without further notice. 
Additional Security: I/we understand that collateral securing other loans, except real property, will secure this 
account; and that property purchased with my/our credit card(s) will also secure this account.  By signing below, 
I/we agree that Advantis may use credit reporting agencies or otherwise verify my/our information and my/our eligibility for 
accounts and services that I/we request or that Advantis may offer.  If more than one person signs below, we agree that 
our obligations are joint and several. By signing below, I/we request a Visa Card(s). If the Card(s) is/are issued, by 
signing, using or permitting another to use the card(s), I/we agree to be bound by the terms of the Advantis Credit Union 
Visa Credit Card Account Agreement. 

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FOR COVERED BORROWERS UNDER THE MILITARY LENDING ACT 

VISA Credit Card Agreement Addendum 
Military Lending Disclosure 

This Military Lending Disclosure is issued pursuant to and amends your Visa Account Rates, Fees, and Terms and the 
associated VISA Credit Card Account Agreement and Account Disclosures as described below. 

a.  Borrower Certification of Active Duty.  By requesting a Credit Card each borrower certifies to the Credit Union that borrower:  
(i) is a Covered member as a member of the Armed Forces who is currently serving on active duty (under a call or order not less 
than 30 days) Active Guard or Reserve duty; or (ii) borrower is a dependent of the Covered Member.  Borrower(s) authorize the 
Credit  Union  to  verify  their  status  as  a  Covered  Member  or  dependent  by  obtaining  information  from  the  database  of  the 
Department of Defense or from a consumer report obtained from a consumer reporting agency. 

b.  Military  Annual  Percentage  Rate.  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%.  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  a  credit  card  account);  and  any 
participation fee charged (other than certain participation fees for a credit card account).  The Credit Union may adjust interest or 
fees as necessary in any month in order to ensure that the annual percentage rate does not exceed 36%.   

c.  Payment Obligation. Your payment obligation under your Credit Card Account is set forth  in the Minimum Monthly Payment 

provision (Section 4) of the Credit Card Agreement. 

d.  Security Interest.    The Credit Union’s security interest in all your Credit Union shares or deposits pursuant to the Credit Card 
Agreement will not apply to your Credit Card Account.  A security interest in shares or deposits granted in connection with any 
other credit card account, loan or line of credit does not secure the Credit Card Account identified above, in spite of any provision 
that collateral securing one loan secures all of your other Credit Union obligations.  However, if you establish a deposit or share 
account specifically in connection with your Credit Card Account, funds deposited in that account after you establish the Credit 
Card Account are subject to our security interest as set forth above in the Credit Card Agreement. 

e.  Credit Union Toll-Free Telephone Number – 800-547-5532.  Call this number for verbal information about the Military Annual 

Percentage Rate and your payment obligation. 

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