Interest Rates and Interest Charges

FNRW-D-1112 (AFTI)

Annual Percentage Rate (APR)
for Purchases
APR for Cash Advances

How to Avoid Paying Interest 
on Purchases

Minimum Interest Charge

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau

Fees

Set-up and Maintenance Fees

  Annual Fee
  Authorized User Fee

Transaction Fees
  Cash Advance

Penalty Fees
  Late Payment
  Returned Payment

29.9%
29.9% 
Your due date is at least 25 days after the close of each billing cycle.  We will 
not charge you interest on purchases if you pay your entire balance by the due 
date each month.
NONE

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

NOTICE: Some of these set-up and maintenance fees will be assessed before 
you begin using your card and will reduce the amount of credit you initially 
have available. For example, if you are assigned the minimum credit limit of 
$300, your initial available credit will be only about $225 (or about $205 if you 
choose to have an authorized user).

$75
$20 annually (if applicable)

3% of each advance or a minimum of $5, whichever is greater.

Up to $29
Up to $29

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).”

Terms and Conditions
Legacy Visa REWARDS Credit Card Important Information: Please take the time to read and save. 

PRESCREEN & OPT-OUT NOTICE: You were selected for this “prescreened” offer of credit because the credit 
bureau gave us your name and address and indicated that you met our minimum credit criteria (the way you 
maintain your other credit  cards and/or loans). If you do  not  want to  be included on  marketing  lists you can 
tell the credit bureaus to stop using your credit information for this purpose. To make this request, you need 
to notify the credit bureaus at: Experian Target Marketing, P.O. Box 919, 701 Experian Parkway, B2, Allen, TX 
75013; Equifax Options, P.O. Box 740123, Atlanta, GA 30374-0123; Trans Union Opt-Out Request, P.O. Box 505, 
Woodlyn, PA, 19094-0505, or call 1-888-567-8688.

Conditions Of This Pre-Approved Offer: You must 1) be a resident of the United States; 2) accept this offer on 
or before the REPLY BY DATE; 3) continue to meet our minimum credit criteria; 4) provide information that can 
confirm your income and that you are 18 years old or older; 5) meet our debt-to-income requirements; and 6) NOT 
have any other credit card issued by First National Credit Card.

Important Information About Procedures For Opening a New Account: To help the government fight the funding of 
terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information 
that identifies each person who opens an account. What this means for you: when you open an account, we will ask for your 
name, address, date of birth and other information that will allow us to identify you.

REWARDS Program Information: You will earn $1 in rewards for every $100 in net purchases made on your account.  
Net purchases are purchases made during the billing cycle minus returns and disputed purchases. Rewards earned during 
a billing cycle will be awarded when that cycle’s billing statement prints. Rewards can be redeemed one billing cycle after 
awarded. There is no limit on the amount of rewards you can earn. You will not earn rewards on cash advances, fees or 
interest charges. Rewards cannot be redeemed until your account has been open 90 days. When you have been awarded 
$3 or more in rewards, you can redeem your rewards by calling the customer service telephone number on your statement. 
Partial redemption of rewards is permitted. If you have $300 in rewards that you have been awarded but have not redeemed, 
those rewards will be automatically redeemed. Redeemed rewards will post as a payment to your account. You may also 
have to make a separate payment to meet the required minimum due on that billing statement. If redeemed rewards create 
a credit balance on your account, you may request a refund check or the credit balance may be automatically refunded to 
you. The rewards balance will appear on your monthly billing statement. Rewards will not expire. If your account is closed, 
suspended or in default, we will apply your earned rewards to your account.

Qualify For Future Unsecured Credit: Initially, you will be issued a Visa® with at least a $300 credit limit, up to a maximum 
of  $1,500.  If  you  make  all  your  payments  on  time,  meet  our  debt-to-income  requirements,  keep  your  account  in  good 
standing and maintain your credit profile, you may be eligible to receive future credit limit increases.

Privacy: Financial companies choose how they share your personal information. Federal law gives consumers the right to 
limit some but not all sharing. All financial companies need to share customers’ personal information to run their everyday 
PAGE 1

 
 
business. We do not share your personal information except as permitted by law to process your transactions, maintain your 
account(s), respond to court orders and legal investigations, to report to credit bureaus, or to offer our products and services 
to you. We will provide a complete privacy notice when your account is approved. If you would like a copy of our privacy 
notice, you may obtain one by visiting our website at www.firstnationalcc.com.

Electronic Communication: By providing your email address, you are authorizing us to communicate with you at this email 
address.

Authorization / Notices: By accepting this offer, you are requesting credit from us. You confirm that all information you 
provide to us is true and correct.

Credit Reports: By responding to this offer, you are authorizing us to obtain credit reports about you, both now and in the 
future, for any legitimate business purpose associated with the account or request for an account, including but not limited 
to reviewing, modifying, renewing or collecting on your account. We may report information about your account to credit 
bureaus. Late payments, missed payments, or other defaults on your account may be reflected on your credit report. You 
and each authorized user agree that we may report account information to credit reporting agencies in the names of both 
you and the authorized user(s).

Optional  PREMIUM  Club  Membership:  This  optional  program  offers  participants  products  and  services  by  national 
retailers in addition to added card protection and services. The cost of this program is $4.95 per month and is included on 
your billing statement. Should you want to cancel, call customer service or write to the PREMIUM Club. Enrolling or using 
the services, products or discounts of the PREMIUM Club signifies your acceptance of the membership and associated fee.  
This program is offered and administered by CAPITAL Enhancement Services, LLC. The PREMIUM Club is a service mark 
of  CAPITAL  Enhancement  Services,  LLC. All  rights  reserved.  © Copyright  2012,  CAPITAL  Enhancement  Services,  LLC. 

OPTIONAL  PAYMENT  PROTECTION  PLAN  DISCLOSURE  TERMS:  Payment  Protection  Plan  is  an  optional  program 
offered by First National Bank to eligible credit card members.  Whether or not you purchase the Payment Protection 
Plan will not affect your application for credit or the terms of any existing credit agreement you have with the bank.  
Upon enrollment, we will give you additional information before you are required to pay for the Payment Protection Plan.  
This information will include an addendum to your First National Bank Credit Card contract that fully describes the program’s 
features and benefits.  Please read it carefully for a full explanation of terms including eligibility requirements, conditions 
and exclusions that could prevent you from receiving benefits and defines your cancellation rights.  You may cancel your 
Payment Protection at any time and, if you cancel within the first 30 days, any fees charged will be refunded.  Your monthly 
cost is $.89 per $100 of outstanding balance.  Payment Protection Plan fees will be automatically charged to your account 
each month.  
Benefits are limited to the minimum monthly payments as of your date of unemployment, disability, hospitalization, military 
leave, certified family medical leave or jury duty up to a maximum of $5,000, or your balance as of your date of death up to 
a maximum of $5,000.  You must be enrolled in the Payment Protection Plan for at least 30 days before your claim occurs.  
While receiving benefits, you will be unable to make any new charges or cash advances on your credit card.  There is a 
120-day wait period between qualified events.  Unemployment, disability and military leave benefits cover your minimum 
monthly payment up to 18 months per event.  To qualify for unemployment and disability protection, you must work at least 
30 hours per week for at least 6 months before the loss.  Disability coverage excludes pre-existing conditions for 12 months 
after enrollment, excludes normal pregnancy and excludes childbirth. Military leave applies if you are called to active duty.  
Hospitalization benefits cover one minimum monthly payment per event.  Certified family medical leave consists of caring 
for a family member with a serious medical condition, caring for a newborn or caring for an adopted child. Certified family 
medical leave and jury duty benefits cover your minimum monthly payment up to 3 months per event.  
First National Bank may cancel the Payment Protection Plan at any time including, but not limited to, if the account is in 
default, discharged or terminated, or if you have received the $5,000 maximum benefit.  The amount of protection under this 
contract has limits and may not cancel your entire balance or entire monthly payment.  You are responsible for any amounts 
past due or any amounts over your credit limit before your date of loss.

Credit Card Contract and Initial Disclosure Statement 
Please read this contract carefully. Your credit card account is governed by this contract. You become bound by the terms 
of this contract when you sign your application. In the contract, “bank,” “we,” “our” and “us” refer to First National Bank (Ft. 
Pierre, SD) and we are the creditor named in the application you signed. “You,” “your” and “applicant” are the person(s) 
who applied to us for the account. “Contract” means the terms and conditions outlined in this contract. “Account” means the 
credit card account we open for you to use to access the credit we extend to you. “Credit limit” means the maximum account 
balance you can have at any time.

1.  Your Responsibility for the Account: You are responsible for the balance on the account and you agree to pay 
the balance under the terms of this contract. You need to sign the back of the card. You need to protect and control 
the card by not letting any other person use it. If you let another person use it, you agree to be responsible for any 
charges they make. We may let you add an authorized user to your account. An authorized user is any person you 
give permission to use the card or your account. If you add an authorized user, you agree to pay for any charges they 
make as well as any related fees or interest. If you do not pay for the charges made by the authorized user, we may 
choose to collect directly from them. If you want to remove an authorized user from your account, you need to get the 
card from them and notify us. If you cannot get the card, contact us immediately and we will close the account to try to 
stop further charges. The cards remain our property and you agree to return them at our request or we have the right 
to have a merchant keep the card and return it to us. If your card is lost or stolen or you suspect unauthorized use of 
your account, you agree to notify us immediately.

2.  Using Your Account to Obtain Credit: You can use the card and your account to make charges. We can close or 
suspend the account at any time for any reason including if the activity on your account appears suspicious, if we 
are concerned about repayment or if the balance is over the credit limit. We can also limit the number or amount of 

PAGE 2
PAGE 2

charges  you  can  make  on  the  account. You  may  be  assigned  a  PIN  (Personal  Identification  Number)  or  you  may 
request a PIN to use ATM’s to obtain cash advances. The minimum cash advance is $20.00. Your card and account 
cannot be used for illegal charges. 

3.  Your Credit Limit: The credit limit is included in the information sent with your card and on your statements. You may 
not go over your credit limit at any time. If your balance is more than your credit limit, you must pay the amount over 
your credit limit immediately. 

4.  Monthly Billing Statements: We will send you a statement every month with the account activity, fees and interest. 

It will also show your minimum payment and payment due date.

5.  REWARDS Program Information: You will earn $1 in rewards for every $100 in net purchases made on your account. 
Net purchases are purchases made during the billing cycle minus returns and disputed purchases. Rewards earned 
during  a  billing  cycle  will  be  awarded  when  that  cycle’s  billing  statement  prints.  Rewards  can  be  redeemed  one 
billing cycle after awarded. There is no limit on the amount of rewards you can earn. You will not earn rewards on 
cash advances, fees or interest charges. Rewards cannot be redeemed until your account has been open 90 days. 
When you have been awarded $3 or more in rewards, you can redeem your rewards by calling the customer service 
telephone number on your statement. Partial redemption of rewards is permitted. If you have $300 in rewards that you 
have been awarded but have not redeemed, those rewards will be automatically redeemed. Redeemed rewards will 
post as a payment to your account. You may also have to make a separate payment to meet the required minimum 
due on that billing statement. If redeemed rewards create a credit balance on your account, you may request a refund 
check or the credit balance may be automatically refunded to you. The rewards balance will appear on your monthly 
billing statement. Rewards will not expire. If your account is closed, suspended or in default, we will apply your earned 
rewards to your account.

6.  Payments: Payments should be sent to the address on the payment coupon with your billing statement. If you send 
a payment to any other address, there may be a delay in crediting it to your account. We do not lose any of our rights 
to collect the full balance if we accept late payments, partial payments or checks or money orders marked “payment in 
full” or similar language. Do not send us postdated checks. If you do, we may deposit these checks when we receive 
them and will not be liable for any fees that may result. We will post payments when received but we may restrict your 
ability to make new charges against that payment amount for up to thirty (30) days. If your payment is returned unpaid 
from your bank, we may re-present it electronically. If this occurs, your check will not be sent to your bank but they can 
get a copy of it at your request. 

7.  Minimum Payment and Monthly Payment: You may pay your entire balance at any time without penalty. You must 
pay  at  least  the  minimum  payment  each  month  by  the  payment  due  date. The  payment  due  date  will  be  at  least 
twenty-five (25) days from the closing date. The closing date is the last day of the billing cycle.
Monthly Payment: If your balance is less than $30, the monthly payment is the balance. If your balance is greater than 
$30, your monthly payment is the largest amount of either $30 or 4% of your balance or 1% of the balance plus the 
current late fee and interest. 
Minimum Payment: The minimum payment is the sum of any past due monthly payments plus the current monthly 
payment plus any amount over your credit limit.

8.  Applying Your Payments: In general, the payment will be applied in the following order: Unpaid interest, unpaid fees 
and other charges, and then principal balance. Payments applied to the principal balance will first be paid to balances 
at the highest annual percentage rate (APR) and then to balances at lower APRs.

9.  Payment Methods: All payments must be made in U.S. dollars and drawn on a financial institution located in the 

United States. Do not send cash through the mail. 

10.  When Interest is Charged: Interest will be charged if you did not pay the prior month’s ending balance in full by the 
payment due date. We figure the interest on your account by applying the periodic rate to the “average daily balance” 
of your account. To calculate the “average daily balance”, we take the beginning balance of your account each day, 
add any new purchases, advances and fees, and subtract any unpaid interest, payments and credits. This gives us 
the daily balance. Then, we add up all the daily balances for the billing cycle and divide the total by the number of 
days in the billing cycle. This gives us the “average daily balance”. Billing cycle means the time between two billing 
statements. To calculate the interest, we multiply the average daily balance by the monthly periodic rate. The monthly 
periodic rate is calculated by dividing the annual percentage rate of 29.9% by 12 (months). The monthly periodic rate 
is 2.4917%.

11. Account Fees: You agree to pay us the following fees which will be billed to your account as a purchase and will 

accrue interest.
a.  Annual Fee: A $75 annual fee will be billed on your first billing statement and then about the same time each year.
b.  Late Fee: You will be billed up to $29 if your payment is not received by the payment due date. 
c.  Returned Payment Fee:  You will be billed up to $29 if your payment is returned for any reason. 
d. 

 Cash Advance Fee: You will be billed a fee of 3% of the amount of each advance or a minimum of $5; whichever 
is greater.

e.  Optional Authorized User:  If you add an authorized user, there is a $20 annual authorized user fee.
f. 

 Express Delivery Fee: We will charge a $25.00 fee for the express delivery of your card sent priority two (2) day 
courier.
 Expedited Payment Fee: We will charge a $9.00 fee if you speak with a service representative and request that 
we expedite your payment by withdrawing funds from your checking or savings account to make a payment on 
your account. We will process your request and post an expedited payment fee to your account.

h.    Copying Fee: We will charge a one-time $5.00 per item fee if you request a duplicate of any sales draft, statement 

g. 

or other document. We will charge you for each copy we provide.
 Replacement Card Fee: We will charge $5.00 to replace your credit card.

i.  

PAGE 3

 
 
 
 
 
 
 
 
 
 
12.  Lost or Stolen Cards: If your card is lost, stolen or being used without your permission, call us toll free (888) 883-
9824, 24 hours a day. You should also write to us. Do not use the card or account after you have notified us. You will 
not be responsible for paying for any unauthorized use after you notify us of the loss, theft or unauthorized use. 

13.  If Card is Refused: We are not responsible and have no liability if your card or account is not accepted for a charge. 
Although you may have the credit available, we may be unable to authorize credit due to system difficulties or mistakes. 
If your account is over the credit limit or past due, authorization for charges should be declined. 

14.  Cardholder Privacy: We will send you a privacy notice annually. Your telephone calls with our representatives may 
be recorded for quality and other purposes. We may use automated telephone equipment or pre-recorded telephone 
calls to contact you at any number you provide to us or that we obtain, including any cellular telephone number. You 
agree that we will not be responsible for the release of information to anyone who has gained possession of a card or 
identification number, credit account number or social security number. 

15.  Calls and Text Messages to Your Cellular Phone: If you provide us with your cellular phone number or contact us 
from your cellular phone, you are providing this phone number for us, our affiliates or any third party acting on our 
behalf to contact you at this number. You agree that we may use this phone number to contact you for any business 
purpose about your account and you agree to be responsible for any fees or charges you incur as a result of providing 
this information. You may request this number not be used. We may offer options for text messages or other electronic 
communications that may be received or accessed from your cellular phone and you agree that by enrolling in these 
services, you understand and agree to be responsible for any fees or charges you incur as a result of this enrollment.

16.  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: 
First National Bank, PO Box 5097, Sioux Falls, SD 57117-5097. In your letter, give us the following information: Your 
name and account number; the dollar amount of the suspected error; a description of the 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: 1) 
Within 60 days after the error appeared on your statement; and, 2) If you have enrolled in automatic payment, at least 
3 business days before the 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.
When we receive your letter, we must do two things: 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. 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 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. These limitations do not apply 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: 
First National Bank, PO Box 5097, Sioux Falls, SD 57117-5097. 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.

17.  Delay in Enforcement: We can delay enforcing or fail to enforce any of our rights under this contract without losing 

our right to enforce them at a later time. 

18.  Credit Reports: You authorize us to obtain credit reports about you for any legitimate business purpose. We may 
obtain a credit report for reviewing, modifying the terms, renewing the account or collection. We may report information 
about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be 
reflected in your credit report. You and each authorized user agree that we may report account information to credit 
reporting agencies in the names of both you and the authorized user(s).

19.  Change in Terms of Your Credit Account: We may change any term of this contract at any time upon notice to you 
as is required by law. You may have the right to reject the change in terms, depending on the type of change, and if 
you do, your account will be closed and you will be able to pay off the balance under the terms in effect at that time.

20.  Law Governing this Contract: This contract is entered into in the state of South Dakota where the decision to grant 
credit will be made. Therefore, this contract will be governed by the laws of the state of South Dakota applicable to 
contracts, and applicable federal law.

PAGE 4

21.  Severability: If any provision of this contract is invalid or unenforceable under any law, rule or regulation, it shall not 

affect the validity or enforceability of any other provision of this contract.

22.  Default: You will be in default of this contract if any of the following occur:

If you do not make a minimum payment on your account on or before the payment due date;
If you die or become legally incompetent;
If you become insolvent or bankrupt;
If you exceed or attempt to exceed your credit limit;
If you provide us with or have provided us with false or misleading information or signatures at any time;
If you fail to comply with this contract;
If you request an excessive number of replacement cards; or

a. 
b. 
c. 
d. 
e. 
f. 
g. 
h.  We reasonably deem the prospect of repayment of your account to be in jeopardy for any reason.

If you are in default, we may immediately cancel your account and we do not have to give you notice of cancellation. 
We can also require that you pay us the balance on your account.  You agree that you will return the card(s) to us. 
Even if an account is in default, you agree to pay interest and fees as defined in this contract until your balance is paid 
in full. If your account is in default and you try to make charges, we can use any legal means to recover the card(s) 
including listing your account in warning bulletins and offering rewards for the return of the cards. If you resolve a 
default situation, we can still declare your account in default for the same or different reason at a later time. 

23.  Cancellation: You may cancel your account at any time by notifying us in writing at the address on your monthly 
statement and returning all cards issued on your account (cut in half). Even if your account is closed, you agree to pay 
the balance on the account under the terms of this contract. We can suspend your account privileges or cancel your 
account at any time, for any reason. We will notify you after we do so, unless you are in default at that time. We will 
have no obligation to notify you prior to suspending your charging privileges or cancelling your account. 

24.   Refund of Initial Fees:  If you cancel your account within 90 days after the card is first mailed to you and if you have 
not used your account for any charges, all fees and interest billed to your account will be credited back to your account.

25.  Collection Costs: Unless prohibited by applicable law, if we start collection proceedings to recover amounts you owe 

us by reason of this contract, you agree to pay reasonable attorney’s fees and other collection costs.

26.  Headings: The headings used in this contract are for the convenience of reference only and are not intended in any 

way to define or describe the scope or intent of any provision of this contract.

27.  State Notices:

a.  California  Residents: A  married  applicant  may  apply  for  a  separate  account. As  required  by  law,  you  are 
hereby notified that negative credit reporting may be submitted to a credit reporting agency if you fail to fulfill 
the terms of your credit obligations. After credit approval, each applicant shall have the right to use the account 
up to the limit of the account. Each applicant may be liable for amounts extended under the plan to any joint 
applicant.

b.  Kentucky Residents: You may pay the unpaid balance of your account in whole or in part at any time.
c.  Maine  Residents:  Payment  Protection  provided  herein  is  voluntary  and  you  have  the  right  to  cancel  such 

protection at any time.

d.  New York Residents: Consumer reports may be requested in connection with the processing of the application 
and any resulting account. Upon your request, we will inform you of the names and addresses of any consumer 
reporting agencies which have provided us with such reports. New York residents may contact the New York 
State Banking Department to obtain a comparative list of credit card rates, fees and grace periods. New York 
State Banking Department 1-800-518-8866.

e.  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.

PAGE 5