CREDIT CARD AGREEMENT 

In this Agreement, "You" and "your" mean any person who accepts this Agreement or uses the Card. The "Card" means any credit card issued to you or those 
designated by you under the terms of this Agreement. "We", "us", "our" and the "Credit Union" means Commonwealth Credit Union or its successors. By using 
your card, you agree to all of the terms and conditions set forth herein. 

THE GRANTING OF THIS SECURITY INTEREST IS A CONDITION FOR 
THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT. 

YOU  SPECIFICALLY  GRANT  US  A  CONSENSUAL  SECURITY 
INTEREST  IN  ALL  INDIVIDUAL  AND  JOINT  ACCOUNTS  YOU  HAVE 
WITH  US  NOW  AND  IN  THE  FUTURE  TO  SECURE  REPAYMENT  OF 
CREDIT  EXTENDED  UNDER  THIS  AGREEMENT.  YOU  ALSO  AGREE 
THAT  WE  HAVE  SIMILAR  STATUTORY  LIEN  RIGHTS  UNDER  STATE 
AND/OR  FEDERAL  LAW.  IF  YOU  ARE  IN  DEFAULT,  WE  CAN  APPLY 
YOUR SHARES TO THE AMOUNT YOU OWE. 

Shares  and  deposits  in  an  Individual  Retirement  Account  or  any  other 
account that would lose special tax treatment under state or federal law if 
given are not subject to this security interest. 

If  you  have  other  loans  with  us,  collateral  securing  such  loans  will  also 
secure your obligations under this Agreement, unless that other collateral  
is your principal residence or non-purchase money household goods.

Using  Your  Card.  You  can  purchase  or  lease  goods  and  services  from  any 
merchant  who  honors  your  Card,  and  you  may  obtain  cash  advances  from 
financial  institutions  and  ATM  machines  that  accept  the  Card,  up  to  your 
maximum  credit  limit.  You  agree  not  to  present  your  Card  or  obtain  a  cash 
advance  for  any  extension  of  credit  in  excess  of  your  available  credit  limit; 
however,  if  you  do  exceed  your  credit  limit,  you  agree  to  make  immediate 
payment sufficient to bring the balance below the credit limit. Certain purchases 
and cash advances require authorization prior to completion of the transaction. 
In some cases, you may be asked to provide identification. If our system is not 
working,  we  may  not  be  able  to  authorize  a  transaction,  even  though  you   
have  sufficient  credit  available. Also,  for  security  reasons,  we  may  block  the 
use  of  your  Card  in  certain  countries  or  geographic  areas.  We  will  have  no 
liability to you or others if any of these events occur. 

Personal Identification Number (PIN). We may issue a Personal Identification 
Number (PIN) for use with   your   Card. This   PIN   is   confidential and should 
not be disclosed to anyone. You may use your PIN and your Card to access 
your account, and all sums advanced will be added to your account balance.  
In  the  event  a  use  of  your  PIN  constitutes  an  Electronic  Funds Transfer,  the 
terms and conditions of your Electronic Funds Transfer Agreement may affect 
your rights. 

Promise To Pay. You promise to pay us in U.S. dollars for (a) all purchases, 
cash  advances,  and  balance  transfers  made  by  you  or  anyone  whom  you 
authorize  to  use  the  Card;  (b)  all  Interest  Charges  and  all  other  charges  or 
fees;  (c)  collection  costs  and  attorney's  fees  as  permitted  by  applicable  law, 
and any costs incurred in the recovery of the Card; and (d) credit in excess of 
your credit limit that we may extend to you. 

Illegal Transactions. You agree that your Card and account will not be used 
to make or facilitate any illegal transactions as determined by applicable law; 
and that any such use will constitute an event of default under this Agreement. 
We may decline any transaction that we believe to be illegal under applicable 
law,  including  but  not  limited  to  any  transaction  involving  or  relating  to  any 
gambling  activity. You  agree  that  we  will  have  no  liability  or  responsibility  for 
any  such  use  by  you  or  any  authorized  user(s);  or  for  declining  any  such 
transaction.  You  further  agree  to  indemnify  and  hold  us  harmless  from  any 
suits,  liability,  damages  or  adverse  action  of  any  kind  that  results  directly  or 
indirectly  from  such  illegal  use.  You  promise  to  pay  us  any  and  all  amounts 
owing on your Card for any transactions made by you, even if the transaction 
is determined to be illegal. 

Joint Accounts. Each of you will be responsible, jointly and severally, for the 
repayment of amounts owed, regardless of who initiated any  transaction under 
the account. 

Others Using Your Account. If you allow anyone else to use your account, 
you will be liable for all credit extended to such persons. You promise to pay for 
all  purchases  and  advances  made  by  anyone  you  authorize  to  use  your 
account, whether or not you notify us that he or she will be using  it.  If someone 
else  is  authorized  to  use  your  account  and  you  want  to  end  that  person's 
privilege, you must notify us in writing, and if he or she has a Card, you must 
return that Card with your written notice for it to be effective. 

Ownership  of  Card.  Your  Card  remains  our  property  and  may  be  cancelled  
by  us  at  any  time  without  notice.  You  agree  to  surrender  your  Card  and  to 
discontinue use of the account immediately upon our request. 

Interest Charges. You agree to pay interest at the rate(s) disclosed to you at 
the time you open your account and as may be changed from time to time in 
accordance with applicable law. 

Average Daily Balance including new transactions: Interest Charges will accrue 
on  your  average  daily  balance  outstanding  during  the  month.  To  get  the 
average daily balance, we take the beginning balance each day, add any new 
purchases,  cash  advances,  balance  transfers  or  other  advances, 
  and  
subtract  any  payments,  unpaid  interest  charges,  and  unpaid  late  charges.  
This gives us the daily balance. Then, we add up all the daily balances for the 
billing cycle and divide that by the number of days in the billing cycle. We then 
multiply that by the periodic rate corresponding to the Annual Percentage Rate 
on your account. If you have different rates for purchases, cash advances or 
balance transfers, separate average daily balances for each will be calculated 
and the appropriate periodic rate is then applied to each. 

Grace  Period  on  Purchases  Only:  You  can  avoid  Interest  Charges  on 
purchases  by  paying  the  full  amount  of  the  new  balance  for  purchases  each 
month by the date on which the payment is due. Otherwise, the new balance 
of your account, and subsequent advances from the date they are posted to 
the  account,  will  be  subject  to  an  Interest  Charge. You  cannot  avoid  Interest 
Charges on cash advances and balance transfers; even if you pay the entire 
cash advance balance or balance transfer balance by the payment due date, 
you will incur the Interest Charges accrued from the date the cash advance or 
balance transfer is posted to your account. 

Fees.  In  addition  to  the  Interest  Charges  set  forth  above,  you  agree  to  also  
pay  any  and  all  fees  that  you  incur  as  disclosed  to  you  on  your  Truth-in- 
Lending  Statement  or  similar  disclosures  (as  may  be  amended  from  time  to 
time), or as disclosed to you during the term of your Card. 

If  Your  Card  is  Lost  or  Stolen  or  if  an  Unauthorized  Use  Occurs.  You 
agree  to  notify  us  immediately  if  your  Card  is  ever  lost  or  stolen  or  if  an 
unauthorized  use  may  have  occurred.  "Unauthorized  use"  means  the  use  of 
the  Card  by  someone  other  than  you  who  does  not  have  actual,  implied  or 
apparent  authority  for  such  use,  and  from  which  you  receive  no  benefit. The 
telephone number to call is (502) 564-4775 or (800) 228-6420. You agree to 
follow up your call with notice in writing to us at: P.O. Box 978, Frankfort, KY 
40602-0978.  You  also  agree  to  assist  us  in  determining  the  facts, 
circumstances  and  other  pertinent  information  relating  to  any  loss,  theft  or 
possible unauthorized use of your Card and comply with such procedures as 
we may require in connection with our investigation. You will be liable for any 
unauthorized use only if we can prove that you were grossly negligent in your 
use  or  handling  of  your  Card,  or  if  we  can  prove  that  you  used  your  Card 
fraudulently. 

Minimum  Payment  Due;  Crediting  of  Payments.  Payments  are  due  in  the 
amount and on the date disclosed on your billing statement. If your payment  
is received by us on a business day at the address and by the  time designated 
on  the  billing  statement,  it  will  be  credited  to  your  account  on  the  date  of 
receipt.  If  payment  is  made  at  any  location  other  than 
  address  
designated on the periodic statement, credit for such payment may  be delayed 
up to five (5) days. Payments will be applied in any order  we determine, subject 
to applicable law. 

  the 

9011 LASER SYM FPDF FI14712 Rev 9-2015 

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COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved. 

In this Agreement, "You" and "your" mean any person who accepts this Agreement or uses the Card. The "Card" means any credit card issued to you or those 
designated by you under the terms of this Agreement. "We", "us", "our" and the "Credit Union" means Commonwealth Credit Union or its successors. By using 
your card, you agree to the terms and conditions set forth herein. 

Late or Partial Payments. Any payment that delays the reduction of your 
balance  will  increase  your  total  interest  costs.  Partial  payments  or 
prepayments  will  not  delay  your  next  scheduled  payment  -  you  will  still 
need  to  make  the  minimum  scheduled  payment  by  the  next  scheduled 
due  date  to  keep  your  account  current.  We  may  accept  late  payments, 
partial  payments,  checks  or  money  orders  marked  "payment  in  full"  and 
such  action  shall  not  constitute  final  settlement  of  your  account  or  a 
waiver or forgiveness of any amounts owing under this Agreement. 

Enforcement.  We  do  not  lose  our  rights  under  this  or  any  related  
agreement  if  we  delay  enforcing  them.  If  any  provision  of  this  or  any 
related agreement is determined to be unenforceable or invalid, all other 
provisions remain in full force and effect. 

Returns  and  Adjustments.  Merchants  and  others  who  honor  the  Card 
may  give  credit  for  returns  or  adjustments,  and  they  will  do  so  by 
submitting  a    credit  slip  which  will  be  posted  to  your  account.  If  your 
credits  and  payments  exceed  what  you  owe  us,  the  amount  will  be 
applied against future purchases and cash advances. If the credit balance 
amount  is  $1  or  more,  it  will  be  refunded  upon  your  written  or  verbal 
request. 

Plan  Merchant  Disputes.  We  are  not  responsible  for  the  refusal  of  any 
plan merchant or financial institution to honor your Card. Also, we are not 
responsible for goods or services that 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 and 
was made from a plan merchant in your state or within 100 miles of your 
home;  and  only  if  you  have  made  a  good  faith  attempt,  but  have  been 
unable to obtain satisfaction from the plan merchant. You must resolve all 
other  disputes  directly  with  the  plan  merchant.  We  do  not  warrant  any 
merchandise or services purchased by you with the Card. 

Statements and Notices. Statements and notices will be mailed to you at 
the most recent postal address or e-mail address (if you have elected to 
receive such documents via electronic means) you have given us. Notice 
sent to any one of you will be considered notice to all. 

Notification  of  Address  Change.  You  will  notify  us  promptly  if  you 
change  your  address  for  any  reason.  In  order  to  prevent  identity  theft, 
your identity may need to be verified before we act upon the notification. 

Copy Received. You acknowledge that you have received a copy of this 
Agreement. 

Governing  Law.  This  Agreement  shall  be  construed  under  federal  law 
and state law in the state in which we are primarily located, and the venue 
shall be located in the county and state in which we are primarily located. 
Operating  regulations  of  Visa  may  also  apply.  This  Agreement  is  the 
contract  that  applies  to  all  transactions  even  though  the  sales,  cash 
advance, convenience check, credit or other slips you sign or receive may 
contain different terms. 

NOTICE  TO  UTAH  BORROWERS:  This  written  agreement  is  a  final 
expression  of  the  agreement  between  you  and  the  Credit  Union.  This 
written  agreement  may  not  be  contradicted  by  evidence  of  any  oral 
agreement. 

Default; Acceleration; Credit Suspension; Collection Costs. You will be 
in default if: (1) you fail to make any payment on time; (2) if you fail to keep 
any  promises  you  have  made  under  this  Agreement  or  under  other 
Agreements  you  have  with  us;  (3)  if  you  die;  (4)  if  you  file  a  petition  in 
bankruptcy or have a bankruptcy petition filed against you, or if you become 
involved  in  any  insolvency,  receivership  or  custodial  proceeding;  (5)  if 
anyone  attempts to take any of your funds held by us via legal process or if 
you have a judgment or tax lien filed against you; (6) if you make any false, 
inaccurate,  or  misleading  statements  in  any  credit  application  or  credit 
update; or (7) if we, in good faith, believe that your ability to repay what you 
owe  is  or  soon  will  be  impaired,  or  that  you  are  unwilling  to  make  your 
payments. 

If  you  are  in  default,  we  have  the  right  to  demand  immediate  payment  of 
your full account balance without giving you notice. If immediate payment is 
demanded,  you  agree  to  continue  paying  interest  charges  and  fees  until 
what  you  owe  has  been  paid,  and  any  shares  that  were  given  as  security 
for your account may be applied towards what you owe. You agree to pay 
all reasonable costs of collection, including court costs and attorney's fees, 
and  any  costs  incurred  in  the  recovery  of  the  Card,  subject  to  applicable 
law. Even if your unpaid balance is less than your credit limit, you will have 
no  credit  available  during  any  time  that  any  aspect  of  your  account  is  in 
default. 

Additional Benefits/Card Enhancements. We may from time to time offer 
additional  services  to  your  Account  at  no  additional  cost  to  you.  You 
understand  that  we  are  not  obligated  to  offer  such  services  and  may 
withdraw or change them at any time. 

Convenience  Checks.  We  may,  at  our  discretion,  issue  checks  to  you 
which may be used for any purpose other than making a payment for credit 
to your account. By signing such check, you authorize us to pay the item for 
the  amount  indicated  and  post  such  amount  as  a  cash  advance  to  your 
account.  We  do  not  have  to  pay  any  item  which  would  cause  the 
outstanding balance in your account to exceed your credit limit. 

Credit  Information.  We  may  from  time  to  time  request  personal 
information  from  you  or  obtain  credit  reports  from  the  credit  reporting 
agencies  for  the  purpose  of  updating  your  credit  status.  Your  failure  to 
provide such information when requested by us may result in suspension of 
credit  privileges  under  this Agreement,  including  your  ability  to  obtain  any 
future advances by any means. You authorize us to investigate your credit 
standing  when  opening  or  reviewing  your  account.  You  authorize  us  to 
disclose information  regarding your  account to credit bureau and creditors 
who inquire about  your  credit  standing. 

Foreign  Transactions;  Currency  Conversion.  Purchases  and  cash 
advances  made  in  foreign  currencies  will  be  billed  to  you  in  U.S.  dollars. 
The conversion rate in dollars will be a rate selected by the card company 
from  a  range  of  rates  available  in  wholesale  currency  markets  for  the 
applicable central  processing  date,  which  rate  may  vary  from  the  rate  the 
card company itself receives, or the government-mandated rate in effect for 
the  applicable  central  processing  date  in  each  instance.  All  transactions 
processed  outside  of  the  United  States  (which  may  include  internet 
transactions)  will  be  charged  a  foreign  transaction  fee  in  the  amount 
disclosed  on  your  Truth-in-Lending  Statement  (as  amended  from  time  to 
time). 

Termination; Change-in-Terms. We may, by written notice, terminate this 
Agreement  at  any  time,  subject  to  applicable  law.  You  may  terminate  this 
Agreement  by  written  notice.  Termination  by  either  party  shall  not  affect 
your obligation to repay any payments made for your account resulting from 
use  of  the  Card  as  well  as  Interest  Charges  and  fees  incurred.  We  may 
change the terms of this Agreement, including the method of calculating the 
periodic rate, at any time, by written notice, subject to applicable law. Use 
of the Card constitutes agreement and acceptance of any change in terms, 
unless applicable law requires otherwise. Our failure to exercise any of our 
rights or  to take any action shall not constitute a waiver of those rights, or an 
amendment or change in any of the terms of this Agreement. 

PO Box 978  •  Frankfort, KY 40602-0978 

Phone 502.564.4775  •  800.228.6420 

Fax 502.564.5740  •  502.564.1001 

www.ccuky.org 

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YOUR BILLING RIGHTS - KEEP THIS NOTICE 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 the address(es) 
listed on your statement. 

In your letter, give us the following information: 

1. Your name and account  number.

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. 

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.

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.

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. 

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.  (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 
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 the address(es) listed on your statement. 

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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The following disclosure represents important details concerning your  credit  card.  The  information  about  costs  of  the  card  is  accurate  as  of 
4/1/2017. You can contact us toll free at (800) 228-6420 if any changes occurred since the effective date. 

IMPORTANT CREDIT CARD  DISCLOSURES 

INTEREST RATES and INTEREST CHARGES:

VISA CLASSIC

VISA PLATINUM

VISA MY CARD

Annual Percentage 
Rate (APR) for 
Purchases

0% Introductory APR for six months. After that, your Standard APR will be

10.70% to 
24.00% 
depending on your credit 
history. This APR willvary 
with the market based on 
the Prime Rate.

11.40 % to 
24.00% 
depending on your credit 
history. This APR will 
varywith the market based 
on  the Prime Rate.

11.90% to 
24.00% 
depending on your credit 
history. This APR willvary 
with the market based on 
the Prime Rate.

VISA PLATINUM 
SECURED

7.99%

APR for Balance Transfers

0% Promotional APR for one year after the date of the transfer. After that, your Standard APR will be

10.70 % to 24.00% 
depending on your credit 
history. This APR willvary 
with the market based on 
the Prime Rate.

12.70% to 24.00% 
depending on your credit 
history. This APR willvary 
with the market based on 
the Prime Rate.

11.40% to 24.00% 
depending on your credit 
history. This APR will 
varywith the market based 
on  the Prime Rate.

13.40% to 24.00% 
depending on your credit 
history. This APR will 
varywith the market based 
on  the Prime Rate.

11.90% to 24.00% 
depending on your credit 
history. This APR will vary 
with the market based on 
the Prime Rate.

13.90% to 24.00% 
depending on your credit 
history. This APR will 
varywith the market based 
on  the Prime Rate.

7.99%

9.99%

Your due date is at least 21 days after we mail your billing statement. We will not charge you interest on purchases if you 
pay  your  entire  new  purchase  balance  by  the  due  date  each  month.  However,  we  will  begin  charging  interest  on  cash 
advances and balance transfers on the date the cash advance or balance transfer is posted to your account.

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

None

3% of the amount of each transfer.   

   None 
   1% of each transaction in U.S. dollars if the transaction involves a currency conversion 
   1% of each transaction in U.S. dollars if the transaction does not involve a currency conversion 

VISA PLATINUM/VISA PLATINUM SECURED/VISA MY CARD: 
10% of the payment due or $25.00, whichever is less, if your payment is late 3 days or more. 
VISA CLASSIC: 
5% of the payment due or $25.00, whichever is less, if your payment is late 3 days or more. 
Up to $25.00 if your payment is returned for any reason.

APR for Cash Advances

Paying Interest

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau

FEES:

Fees to Open or Maintain 
your Account 
• Annual Fee:

Transaction Fees 

Balance  Transfer: 

       Cash Advance: 

Foreign  Transaction:

Penalty Fees 

• Late Payment:

• Returned Payment:

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." 
Loss of Introductory/Promotional Rate: We may end your Introductory or Promotional Rate and apply the Standard APR disclosed above if you make a late 
payment. 
You may receive a 1% discount off the Standard Rate disclosed above if you agree to make payments via automatic payments. 

Other Fees: 
Declined Access Check: Up to $25.00 if a convenience check is declined for any reason. 
Convenience Check Stop Payment Request: Up to $20.00 if you stop payment of a Convenience Check for any reason.

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