Farm Bureau® Member Rewards Mastercard® (converted) 

Cardholder Agreement 

This document is our standard form credit card agreement in effect on the last business day of the previous calendar 
month  that  ended  on  June  30,  2022,  and  has  been  supplemented  with  pricing  information  included  in  the 
document(s) titled “Term & Conditions” These documents are provided to you for informational purposes only. These 
account terms may not be available after the above date. If you apply and are approved for a credit card account with 
us, your actual account terms will be based on the terms of the offer available at the time that you applied, and your 
Cardholder Agreement will be the agreement sent to you when your account is first opened. 

This Agreement establishes the terms of your credit card account (“Account”) with Farm Bureau Bank FSB, Sparks, 
Nevada. Please read it carefully and keep it with your records. You do not need to sign this Agreement, but please sign 
the back of your credit card (the “Card”) if you have not already done so. All extensions of credit in connection with 
your Account are being made by Farm Bureau Bank, FSB. 

Definitions. If we use a capitalized term in this document but we do not define the term in this document, the term 
has the meaning as used in your monthly statement. 

“Agreement” means this document, the Terms & Conditions and any changes we make to these documents from time 
to time. 

“Authorized User” means any person you allow to use your Account including without limitation through a Card, Check, 
the account number, or other credit device. 

“Balance Transfer” means the use of your Account for a loan obtained by a transfer of funds initiated by us at your 
request and includes the use of a Balance Transfer Check. 

“Cash Advance” means the use of your Card or account number to obtain cash loans at any financial institution or 
automated  teller  machine  that  accepts  the  Card,  the  use  of  a  Cash  Advance  Check  or  the  purchase  of  Cash 
Equivalents. 

“Cash Equivalent” means the use of your Card or account number to obtain money orders, traveler’s checks, foreign 
currency, lottery tickets, gambling chips, wire transfers, person to person money transfers (including but not limited to 
transfers facilitated over the Internet), or the use of your Account to open a deposit account or to transfer value to a 
stored value card at a location or through a merchant other than a financial institution and any other transaction that 
Mastercard, Visa and/or American Express (as applicable to your Account) may designate as a Cash Equivalent. 

“Check” or “Convenience Check” means an access check we provide to you to make a Cash Advance or a Balance 
Transfer as applicable on your Account. A Check can be either a Balance Transfer Check or a Cash Advance Check 
and will be designated as such by us. 

“Daily Periodic Rate” or “DPR” means the applicable APR divided by 365. DPRs are used to calculate your interest for 
all cardholders that are not residents of Iowa when your Account is opened. 

“Foreign Transaction” means the use of your Card or Account (other than through a Cash Advance) for a transaction 
with a business or entity located outside of the United States or for a transaction in a currency other than US dollars. 
Foreign Transactions and the Transaction Fees associated with any Foreign Transaction are considered Purchases for 
interest calculation purposes. 

“Monthly  Periodic  Rate”  or  “MPR” means  applicable  APR  divided  by 12.  MPRs  are  used  to  calculate your  interest 
charges if you are a resident of Iowa when your account is opened. 

“Purchase” means the use of your Card or account number to buy or lease goods or services and to make a transaction 
that is not otherwise a Balance Transfer or a Cash Advance. Purchases include Foreign Transactions, Account Fees 
and any adjustments associated with any Purchase. 

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“You” and “your” refer to each person who has applied for, accepted, or used the Account and each person who has 
agreed to be responsible for the Account. 

Farm Bureau® Member Rewards Mastercard® (converted) 

“We”, “us” and “our” refer the Farm Bureau Bank FSB. 

Using Your Account/Acceptance of these Terms. You do not need to accept the Account and this Agreement and none 
of the fees on this Account (except as otherwise provided herein) will apply unless you use the Account. If your Account 
has an Annual Fee (see the Terms & Conditions to determine if this Account has an Annual Fee) and provided that you 
have not otherwise used the Account to make a Purchase, Balance Transfer or Cash Advance or paid the Annual Fee, 
you may close the Account within thirty days after Account opening by contacting us at the number on the back of your 
Card, and if you do, you will not be responsible for paying the Annual Fee. By signing, keeping, using or otherwise 
accepting your Card or Account, you agree to the terms and conditions of this Agreement. You may obtain credit in the 
form of Purchases, Balance Transfers and Cash Advances by using your Card, your account number, Checks, or other 
credit  devices.  You  agree  that  we  may  credit  your  Account  rather  than  issue  cash  refunds  when  you  reverse 
transactions that were originally charged to your Account. You agree that you will not use your Card or Account in 
connection with any transaction that is prohibited or unenforceable and that if you do engage in such a transaction, 
you waive any claim that the charge is uncollectible on the grounds the transaction was prohibited or unenforceable. 
The Card must be returned to us upon request. We may replace your Card with another Card at any time. 

Severability. If any provision of this Agreement is, or becomes, illegal, invalid or unenforceable under any applicable 
statute or rule of law, that shall not affect the validity or enforceability of any other provision and this Agreement shall 
be construed and enforced as if the Agreement did not contain that particular provision to the extent of its invalidity 
or unenforceability. 

Obligations on Your Account. You authorize us to pay and charge your Account for all Purchases, Balance Transfers, 
Checks, and Cash Advances made or obtained by you or anyone you authorize to use your Card or Account. You agree 
to pay us for all of these Purchases, Balance Transfers, Checks, and Cash Advances, plus any interest assessed on 
your Account and any other charges and fees which you may owe under the terms of this Agreement, whether resulting 
from (1) physical use of your Card or a Check, (2) mail order or telephone, computer or other electronic transaction 
made without presenting the Card, or (3) any other circumstances where you authorize a charge, or authorize someone 
else to make a charge, to your Account. Each person who has agreed to be responsible on the Account is responsible 
to pay the full amount owed on the Account. If this is a joint Account, we can send statements and notices to either of 
you. We may require that you pay the full amount owed without first asking any other person(s) to pay. Instructions for 
making payments are on your monthly billing statement. Payments that comply with the requirements specified on or 
with your monthly billing statement, including the time of receipt, will be credited as of the business day they are 
received. Payments must be mailed to the correct PO Box or to the street address specified for US Priority Mail and 
overnight payments. There may be a delay of up to five (5) days in crediting payments that are not made in accordance 
with those instructions. Please allow at least seven (7) days for the US Postal Service to deliver your payment. All 
payments must be made in US dollars. Any payment made by check or other negotiable instrument, or direct debit 
must be drawn on a US bank or a US branch of a foreign bank. We reserve the right to accept payments made in a 
foreign currency. If we do, we will select the foreign currency rate at our discretion. Your available credit may not be 
immediately increased by the amount of the payment for up to seven (7) days to ensure we collect the funds from the 
bank on which your payment is drawn. If you overpay or if there is a credit balance on your Account, we will not pay 
interest on such amounts. 

Credit Limit/Authorized Usage. Your Credit Limit is shown on the folder containing your Card. We may change your 
Credit Limit from time to time—either increase or decrease it—at our sole discretion. If at any time (including in the first 
month after your Account is opened) you engage in account actions or activity that we perceive could have a negative 
impact on your credit standing with us, we may decrease your Credit Limit or close your Account. Your latest Credit 
Limit will appear on your monthly billing statement. You agree not to make a Purchase, authorize a Balance Transfer, 
use a Check, or obtain a Cash Advance that would cause the unpaid balance of your Account to exceed your Credit 
Limit. We may honor Purchases, Balance Transfers, Checks and/or Cash Advances in excess of your Credit Limit at 
our sole discretion. If we do, this Agreement applies to that excess, and you agree to pay the excess immediately if we 
request that you do so. You agree that we may change your Credit Limit or close your Account at any time for any 
reason without affecting your obligation to pay amounts that you owe under this Agreement. We will notify you of any 

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Farm Bureau® Member Rewards Mastercard® (converted) 

change, but that change may take effect before you receive the notice. We may designate that only a portion of your 
Credit  Limit  is  available  for  Cash  Advances.  If  we  do  and  you  exceed  your  Cash  Advance  Credit  Limit,  you  will  be 
considered to have exceeded your Credit Limit for all purposes of this Agreement. We may limit the authorizations to 
make Purchase, Balance Transfer, Check, or Cash Advance transactions that may be accomplished with your Card or 
Account. We may in our sole discretion allow you to exceed your Credit Limit at any time, but we are not required to. 
In addition, if we do allow you to exceed your Credit Limit for any transaction or transactions, we will not be required 
to allow you to do so on another occasion. These charges will be evaluated based on account performance, other 
credit accounts with us, and your experience with other creditors. If we authorize these charges, you must pay, with 
your Minimum Payment Due, the amount by which your balance exceeds your revolving Credit Limit, including amounts 
due to Purchases, Cash Advances, Interest charges, Fees, or other charges. 

Checks on Your Account. We may issue Checks on your Account in the form of “Balance Transfer Checks” or “Cash 
Advance Checks,” which can be used to access your Credit Limit. Each Check will contain your Account number and 
may be used only by the person(s) whose name(s) is/are printed on it. Each must be completed and signed in the 
same manner as a regular personal check. If we provide Checks to you, you may not use them to pay any amount you 
owe  under  this  Agreement  or  under any other account  you  may  have  with  us.  Balance  Transfer  Checks  and  Cash 
Advance Checks are subject to the same rate and other terms under this Agreement as Balance Transfers and Cash 
Advances,  respectively.  Unless  otherwise  indicated,  all  references  in  this  Agreement  to  Balance  Transfers  include 
Balance Transfer Checks, all references to Cash Advances include Cash Advance Checks, and all references to use of 
the Account include use of these Checks. At our sole discretion we may elect to not honor a Check if there has been 
a change in your credit worthiness, your Account is not in good standing or if the Check may cause your Account to 
exceed the Cash Advance or other applicable Credit Limit on your Account. At our sole discretion we may elect to honor 
a Check after its expiration date. Unlike purchase transactions, there are no charge back rights with regard to Balance 
Transfer and Check transactions. 

Monthly Billing Statements. At the end of each monthly billing cycle a statement will be mailed or delivered to you if 
your Account has a debit or credit balance of more than $1.00 or if interest or a fee has been imposed. We will not 
send a monthly billing statement if we deem your Account uncollectible or if delinquency collection proceedings have 
been instituted by us sending your Account to an outside collection agency or attorney for collection. 

The provisions describing how we calculate your balance subject to interest rate each month, accrual of interest and 
how to avoid paying interest on purchases may vary based on the account type that the applicant applied for and 
whether the applicant is a resident of Iowa. The following two options contain the various provisions that could apply, 
and one of these options will be reflected in the Cardholder Agreement assigned at account opening: 

OPTION 1: How We Will Calculate Interest. We use a method called “daily balance (including new purchases).” We 
calculate interest separately for each “Balance Subject to Interest Rate.” These include for example, Purchases 
at  the  current  rate,  Balance  Transfers  at  the  current  rate,  Cash  Advances  at  the  current  rate,  and  different 
promotional balances. Your monthly billing statement shows each “Balance Subject to Interest Rate.” 

To calculate interest, we first calculate a daily balance for each Balance Subject to Interest Rate. We start with the 
balance, for that Balance Subject to Interest Rate, as of the end of the previous day. We add any interest calculated 
on  the  previous  day’s  balance.  (This  means  interest  is  compounded  daily).  We  add  any  new  Purchases,  Balance 
Transfers, or Cash Advances to the appropriate balance, subtract any new payments or credits from the appropriate 
balance. We then add all fees that have not already been added to your balance and make other adjustments as 
authorized by this Agreement. A credit balance is treated as a balance of zero. We then multiply each daily balance by 
the applicable DPR. We do this for each day in the billing period. That gives us the daily interest. We add up all the 
daily interest for all of the daily balances to get the total interest for the billing period. 

Accrual of Interest and How to Avoid Paying Interest on Purchases. On Purchases, interest begins to accrue as of the 
transaction date. However, you may avoid paying interest on Purchases in any given billing cycle if you pay your New 
Balance in full by the Payment Due Date. For Balance Transfers, interest will accrue from the transaction date which 
generally  will  be  the  day  we  send  the  Balance  Transfer  to  the  payee.  For  Checks,  interest  will  accrue  from  the 
transaction date which generally will be the day the payee accepts the Check. For Cash Advances, interest will accrue 
from the transaction date which generally will be the day you take the Cash Advance. If you are charged interest in a 

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billing cycle, we will charge a Minimum Interest Charge (or “Minimum Charge”) on your Account if the total interest 
charge in that billing cycle is less than the amount of the Minimum Interest Charge. 

Farm Bureau® Member Rewards Mastercard® (converted) 

OPTION 2: How We Will Calculate Your Balance Subject to Interest Rate (For Residents of Iowa at the Time of 
Account Opening). We use a method called “average daily balance (including new purchases).” To determine the 
amount of the interest to be charged on your Account we first calculate the “Balance Subject to Interest Rate” 
separately for Purchases, for Balance Transfers, and for Cash Advances. We apply the applicable Monthly Periodic 
Rate to the average daily balances of i) Purchases, ii) Balance Transfers, and iii) Cash Advances. The average daily 
balances for Purchases, for Balance Transfers, and for Cash Advances are calculated separately and determined 
as  follows:  We  take  the  beginning  balances  for  each  balance  category  on  your  Account  each  day,  add  to  the 
respective balances any new transactions and any fees that you have incurred and that have not already been 
added to your balance, and then subtract any payments or credits and make any other applicable adjustment(s). 
A credit balance is treated as a balance of zero. Then we take the sum of all daily balances and divide by the 
number of days in the billing period to determine the average daily balance. If you multiply the “Balance Subject 
to Interest Rate” for each balance category as disclosed on your monthly billing statement by the applicable MPRs, 
the results will be the interest assessed, except for minor variations caused by rounding. We may from time to 
time offer you “introductory,” “special” or “promotional” APR offers. If any are in effect on your Account, we will 
separately identify the balances to which such offers apply on your monthly billing statement. These separate 
balances and the related interest will be calculated in the same manner as described above. 

Accrual of Interest and How to Avoid Paying Interest on Purchases. On Purchases, interest begins to accrue as of the 
transaction  date.  However,  you  may  avoid  paying  interest  on  Purchases  in  any  given  billing  cycle  if  you  pay  your 
Statement Balance in full by the Payment Due Date each month. For Balance Transfers, interest will accrue from the 
transaction date which generally will be the day we send the Balance Transfer to the payee. For Checks, interest will 
accrue from the transaction date which generally will be the day the payee accepts the Check. For Cash Advances, 
interest will accrue from the transaction date which generally will be the day you take the Cash Advance. If you are 
charged interest in a billing cycle, we will charge a Minimum Interest Charge (or “Minimum Charge”) on your Account 
if the total interest charge in that billing cycle is less than the amount of the Minimum Interest Charge that is disclosed 
in the terms of your Account. 

Your Minimum Payment Each Month. Each billing cycle, you must pay at least the Minimum Payment Due shown on 
your monthly statement by its Payment Due Date. We will calculate it as follows: 

1.  If the New Balance (defined below) is less than $20, the Minimum Payment Due equals the New Balance 

shown on your monthly statement. 

2.  If the New Balance is $20 or more, the Minimum Payment Due equals the greater of $20 or the total of: 

•  1% of the New Balance, 

•  Any interest charges billed on the monthly statement (excluding any interest charges that accrued during 
prior  billing  cycles  on  a  deferred  interest  balance  that  ended  during  the  billing  cycle  covered  by  the 
statement), 

•  Any Minimum Interest Charge, and 

•  Any Late Payment, Returned Payment, Cash Advance, Balance Transfer and Convenience Check Fees. 

If we so elect, your Minimum Payment Due may also include any amount that, at the time of billing, is past due and/or 
over your Credit Limit. In certain instances, your Minimum Payment Due may be less than the total fees and interest 
assessed that billing cycle. At any time, you may pay more than the Minimum Payment Due up to the full amount you 
owe us. However, you cannot “pay ahead.” This means that if you pay more than the required Minimum Payment Due 
in any billing cycle or if you make more than one payment in a billing cycle, you will still need to pay the next month’s 
required Minimum Payment Due by your next Payment Due Date. 

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Farm Bureau® Member Rewards Mastercard® (converted) 

VARIABLE RATE INFORMATION 

Variable Rate Information. The following applies to any APR on your Account that varies with the market based on the 
Prime Rate. The standard Annual Percentage Rates (APRs) on our Account that are used to determine the amount of 
interest to be charged for Purchases, Balance Transfers, Cash Advances, and the Penalty APR are variable rates. The 
APRs on your Account correspond to a daily periodic rate (“DPR”) or a monthly periodic rate (“MPR”) which is applicable 
only to residents of Iowa at the time of Account opening. 

The applicable DPRs/MPRs on your Account equal 1/365th (or 1/12th for residents of Iowa at the time of Account 
opening) of the sum of 1) the applicable Prime Rate, 2) plus the margin(s) listed above for each Purchase, Balance 
Transfer, or Cash Advance balance or the margin listed above if a Penalty APR applies. The “Prime Rate” used in 
determining the APRs in each billing cycle will be the highest rate published in the Money Rates column of The Wall 
Street  Journal  on  the  last  business  day  of  each  month.  An  increase  or  decrease  in  the  Prime  Rate  will  cause  a 
corresponding increase or decrease to your variable rates on the first day of the billing cycle that begins in the same 
month in which the applicable Prime Rate is published. There is no limitation on the amount of any increase. Any such 
increase or decrease will cause a corresponding increase or decrease in the amount of interest assessed and possibly 
in the amount of the Minimum Payment Due. If The Wall Street Journal does not publish the US Prime Rate, or if it 
changes the definition of the US Prime Rate, we may substitute another index. 

APR for Purchases: The variable rate equals the Prime Rate plus a margin from 6.74% to 21.74%, (this corresponds 
to a current DPR of 0.01847% - 0.05956%) (this corresponds to a current MPR of 0.56167% - 1.81167% for residents 
of Iowa at the time of account opening (if applicable)). 

APR  for  Balance  Transfers:  The  variable  rate  equals  the  Prime  Rate  plus  a  margin  from  6.74%  to  21.74%,  (this 
corresponds to a current DPR of 0.01847% - 0.05956%) (this corresponds to a current MPR of 0.56167 % - 1.81167% 
for residents of Iowa at the time of account opening (if applicable)). 

APR for Cash Advances: The variable rate equals the Prime Rate plus a margin of 21.99%, (this corresponds to a 
current DPR of 0.06025%) (this corresponds to a current MPR of 1.8325% for residents of Iowa at the time of account 
opening (if applicable)). 

Penalty APR: The variable rate equals the Prime Rate plus a margin from 0% to 23.99%, (this corresponds to a current 
DPR of 0.00000% - 0.06573%) (this corresponds to a current MPR of 0.00000% - 1.99917% for residents of Iowa at 
the time of account opening (if applicable)). 

How the Penalty APR May Apply to Your Account: The APRs on your Account may be increased each time you fail to 
pay at least the Minimum Payment Due when it is due. We will determine the amount of the Penalty APR increase 
based on our review of your credit history at the time (including your credit performance with other creditors). Our 
notice will specify the balances to which the Penalty APR will be applied. The Penalty APR may continue to apply to 
these  balances  indefinitely.  However,  the  Penalty  APR  will  cease  to  apply  to certain  existing  balances  if,  after  the 
Penalty APR goes into effect, you make the next six consecutive minimum payments in a row when due. 

Transaction Fees. We may charge and you agree to pay each of the following transaction fees: 

• 

• 

• 

• 

If you use your Card or Account to obtain a Cash Advance, we will charge a Cash Advance Fee for each such 
Cash Advance. 

If you use your Card or Account to do a Balance Transfer, we will charge a Balance Transfer Fee for each such 
Balance Transfer. 

If you use your Card or Account to purchase Cash Equivalents, we will charge a Cash Advance Fee (sometimes 
we may refer to this as a Cash Equivalent Fee) for each such transaction. 

If you use your Card or Account for a Foreign Transaction, we will charge a Foreign Transaction Fee for each 
such transaction. 

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Farm Bureau® Member Rewards Mastercard® (converted) 

Balance Transfer Checks and Cash Advance Checks are subject to the same Transaction Fee as Balance Transfers 
and Cash Advances, respectively. The present amounts of those charges are stated in the Terms & Conditions, located 
under Disclosures on www.farmbureau.bank.  

Account Fees. In addition to the fees listed in the Terms & Conditions, we may also assess the Account Fees listed 
below. 

•  Annual Fee - If your account has an Annual Fee, generally it will be billed at account opening and every twelve 
months thereafter. The amount of the Annual Fee, if there is one on your Account, is listed in the Terms & 
Conditions. 

•  Late Payment Fee - If we do not receive a payment from you in at least the amount of your Minimum Payment 
Due by the Payment Due Date shown on your monthly statement, we may charge you a Late Payment Fee. The 
amount of the Late Payment Fee will be determined in accordance with applicable law. Thus, the fee generally 
will not exceed the amount of the applicable Minimum Payment Due. In addition, the first time you pay late, 
the fee will not exceed $25. If you again pay late within six billing cycles, the fee will not exceed $35. 

•  Late Payment Fee for Residents of Iowa at the Time of Account Opening – If we do not receive a payment from 
you in at least the amount of your Minimum Payment Due by the Payment Due Date shown on your monthly 
statement, we may charge you a Late Payment Fee. The amount of the Late Payment Fee will be determined 
in  accordance  with  applicable  law.  Thus,  the  fee  generally  will  be  the  amount  of  the  applicable  Minimum 
Payment Due or $15, whichever is less. 

•  Returned Payment Fee - If your bank does not honor a check or direct debit you deliver to us, or we must return 
a check because it is not signed or is otherwise irregular, we may charge you a Returned Payment Fee. The 
amount of the Returned Payment Fee will be determined in accordance with applicable law. Thus, the fee 
generally will not exceed the amount of the applicable Minimum Payment Due. In addition, the first time you 
make a payment that is returned, the fee will not exceed $25. If you again make a payment that is returned 
within six billing cycles, the fee will not exceed $35. 

•  Returned Payment Fee for Residents of Iowa at the Time of Account Opening – If your bank does not honor a 
check or direct debit you deliver to us, or we must return a check because it is not signed or is otherwise 
irregular,  we  may  charge  you  a  Returned  Payment  Fee.  The  amount  of  the  Returned  Payment  Fee  will  be 
determined in accordance with applicable law. Thus, the fee will be the amount of the applicable Minimum 
Payment Due or $15, whichever is less. 

•  Returned Check Fee - If we return a Convenience Check (which includes a Balance Transfer Check or a Cash 
Advance Check) unpaid because it exceeds your available Credit Limit at the time it is processed, your Account 
is closed or otherwise does not have charge privileges, you did not comply with our instructions regarding the 
Check or your Account is past due, we may charge you a Returned Check Fee. The amount of the Returned 
Check Fee will be determined in accordance with applicable law. Thus, the fee generally will not exceed the 
amount of the returned Convenience Check. In addition, the first time a Convenience Check is returned, the 
fee will not exceed $25. If you again have a Convenience Check returned within six billing cycles, the fee will 
not exceed $35. 

•  Returned Check Fee for Residents of Iowa at the Time of Account Opening – If we return a Convenience Check 
(which includes a Balance Transfer Check or a Cash Advance Check) unpaid because it exceeds your available 
credit line at the time it is processed, your Account is closed or otherwise does not have charging privileges, 
you did not comply with our instructions regarding the check or your Account is past due, we may charge you 
a  Returned  Check  Fee.  The  amount  of  the  Returned  Check  Fee  will  be  determined  in  accordance  with 
applicable law. Thus, the fee generally will not exceed the amount of the returned Convenience Check or $20, 
whichever is less. 

•  Check Stop Payment Fee – If we stop payment on a Convenience Check at your request, we may charge you 

a Check Stop Payment Fee of up to $39.95. 

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Farm Bureau® Member Rewards Mastercard® (converted) 

•  Check Stop Payment Fee for Residents of Iowa at the Time of Account Opening – If we stop payment on a 

Convenience Check at your request, we may charge you a Check Stop Payment Fee of $29. 

Foreign Currency Conversion. For Mastercard Cards, we and Mastercard (or their affiliates) will convert transactions 
in foreign currencies into US Dollars. Mastercard will use their currency conversion procedures that are current at the 
time of the transaction. Currently, the currency conversion rate they use is either the wholesale market rate or the 
government- mandated rate in effect under those procedures increased by one percent. The currency conversion rate 
used on the conversion date may differ from the rate in effect on the date you used your Card or Account. 

Authorized Users. You may allow Authorized Users to use your Account. If you allow an Authorized User to use your 
Account, you will be liable for all transactions made by that person including transactions for which you may not have 
intended to be liable, even if the amount of those transactions causes your credit limit to be exceeded. You must notify 
us to revoke your permission to allow an Authorized User to use your Account or Card. Until you revoke your permission, 
you are responsible for all charges made by an Authorized User, including Balance Transfer Check and Cash Advance 
Check transactions, regardless of whether you intended to be responsible for those charges. If you request additional 
Cards for Authorized Users, checks accessing this Account may also be included with the Card. 

Administrative Charges. If you request photocopies of monthly billing statements, you will be charged $5 for each 
duplicate requested for each statement that is less than 25 months old. If the requested statement is 25 months or 
more, you will be charged $10 for each requested statement. If you request any special services such as obtaining 
Cards on an expedited basis, you agree to pay our reasonable charges for such service, in effect at that time. 

Default/Collection Costs. Unless otherwise prohibited by law, your Account will be in default and we may demand 
immediate payment of the entire amount you owe us if: (1) in any month we do not receive your Minimum Payment 
Due  by  the  Payment  Due  Date;  (2)  you  make  Purchases,  initiate  Balance  Transfers,  use  a  Check,  or  obtain  Cash 
Advances  in  excess  of  your  Credit  Limit;  (3)  you  fail  to  comply  with  this  Agreement;  (4)  there  is  a  filing  for  your 
bankruptcy; (5) you die or become incapacitated; or (6) we believe in good faith that the payment or performance of 
your obligations under this Agreement is impaired for any other reason. As permitted by applicable law, you agree to 
pay  all  collection  expenses  actually  incurred  by  us  in  the  collection  of  amounts  you  owe  under  this  Agreement 
(including court or arbitration costs and the fees of any collection agency to which we refer your Account) and, in the 
event we refer your Account after your default to an attorney who is not our regularly salaried employee, you agree to 
pay the reasonable fees of such attorney. We will not be obligated to honor any attempted use of your Account if a 
default has occurred, or we have determined to terminate your Account or limit your Account privileges (as discussed 
below). 

Termination/We May Suspend or Close Your Account. We may suspend or close your Account or otherwise terminate 
your right to use your Account without prior notice. We may do this at any time and for any reason, including but not 
limited to, if there is a change to your creditworthiness or if your Account becomes inactive. You must destroy all Cards, 
Checks or other credit devices on the Account when we request. You agree that you will not try to make a Purchase, 
use a Check, initiate a Balance Transfer, or obtain a Cash Advance after you have been notified that your privilege to 
use your Account has been closed or revoked. You may close your Account at any time. If you do, you must destroy all 
Cards and Checks previously issued on the Account. If you call us, we may require that you confirm your termination 
in writing.  

Your obligations under this Agreement continue even after the Account is closed. 

Notices to You. Billing statements and notices will be sent to the address shown in our files. If this is a joint Account, 
we may send billing statements and notices to either of you. You promise to promptly inform us of any change in your 
e- mail address or your US mail address. You may update this information by visiting the website on the back of your 
Card and sending us an e-mail or telephoning us at the telephone number provided on your Card. We may in our 
discretion accept address corrections from the United States Postal Service. 

Consent to Receive Electronic Notices. You may receive periodic billing statements and other notices regarding your 
Account electronically or by US mail. By requesting statements and other notices electronically, which may only be 
done on our website, and by providing any other legally required consents, you affirmatively consent to receive all 

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periodic  billing  statements  and  other  notices  electronically  when  legally  permissible.  Otherwise,  statements  and 
notices will be sent to the address shown in our files. If at any time you need a paper copy of statements or notices, 
or you change your mind and prefer to receive all your statements and notices in paper rather than electronic form, 
telephone us at the number provided on the back of your card or visit us at the website on the back of your Card and 
send us an e- mail. In order to access your statements and notices electronically, you must have a computer equipped 
with at least a 40-bit JavaScript-enabled Netscape or Microsoft browser at the Version level 4.0 or higher. In order to 
retain your statements and notices, you must have a printer attached to your computer that can print them out or a 
drive or other storage device onto which you can download them. By accepting the receipt of electronic statements 
and other notices, you confirm that you have the software and equipment that satisfies these requirements to enable 
you to access and retain your statements and notices electronically. 

Skip Payment Program and Other Special Terms. From time to time, we may let you skip or reduce one or more monthly 
payments (interest will continue to accrue) or offer you other special features. If we do, we will advise you of the scope 
and duration of the applicable skip or special feature. When the skip or special feature ends, your regular terms will 
resume. 

Changes to this Agreement. We may amend the terms of this Agreement, including the amount of any fees, from time 
to time in our sole discretion. Depending on the nature of the change, the amendment to this Agreement may, on or 
after the date on which it becomes effective, apply to all of your then-outstanding unpaid indebtedness to us under 
your Account. If required by applicable law, we will (a) send notice of the changes to you at the address shown on our 
records for you and (b) give you the right to opt out of the change. If you opt out of the change you will be unable to 
initiate any further transactions on the Account and you will be required to repay the amount that you owe us under 
the terms and conditions of the then-existing Agreement. 

Credit Performance. Your Account was established based upon criteria which reflect your particular credit history. We 
will from time to time review your credit performance. In addition to any other rights we have, if you do not maintain 
your past level of credit performance, we may change some or all of the Account terms on your Account, and if we do, 
we will notify you as provided in this Agreement and in accordance with applicable law. 

Credit Information. You agree that we may request consumer credit reports from one or more credit reporting agencies 
in connection with your application and the administration of your Account. Upon your request, we will tell you whether 
we obtained a consumer report and the names and addresses of any consumer reporting agencies that provided such 
reports. 

Furnishing Information to Credit Reporting Agencies. You also authorize us to exchange credit information concerning 
you or your Account with (and answer questions and requests from) others, such as merchants, other lenders, and 
credit reporting agencies. If you believe that we have furnished any inaccurate information relating to your Account to 
any consumer reporting agency, you may notify us at the following address: PO Box 33427, San Antonio, TX 78265-
3427. To help us respond to your notification, you must include your Account number, Social Security number, the 
name of the consumer reporting agency reflecting the inaccurate information, and an explanation of why you believe 
the information is inaccurate. You understand that you may also contact the appropriate consumer reporting agency 
directly at the following address and toll-free number: Equifax, PO Box 740241, Atlanta, GA 30374, 800.685.1111; 
Trans  Union,  PO  Box  1000,  Chester,  PA  19022,  800.916.8800;  or  Experian,  PO  Box  2002,  Allen,  TX  75013, 
888.397.3742. 

NEGATIVE CREDIT REPORTS 

YOU  ARE  HEREBY  NOTIFIED  THAT  A  NEGATIVE  REPORT  RELECTING  YOUR  CREDIT  HISTORY  WITH  US  MAY  BE 
SUBMITTED TO A CREDIT REPORTING AGENCY IF YOU FAIL TO FULFILL THE TERMS OF YOUR CREDIT OBLIGATIONS. 
LATE PAYMENTS, MISSED PAYMENTS, OR OTHER DEFAULTS ON YOUR ACCOUNT MAY BE REFLECTED IN YOUR CREDIT 
REPORT. 

Calls/Electronic  Communications.  In  the  regular  course  of  our  business,  we  may  monitor,  and  record  phone 
conversations  made  or  received  by  our  employees  or  our  agents.  Similarly,  we  may  monitor  and  record  e-mail  or 
conversations on our website between you and our employees or agents. You agree that we will have such right with 
respect  to  all  phone  conversations,  e-mail  or  conversations  between  you  and  our  employees  or  agents,  whether 

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initiated by you or any of our employees or agents. We may contact you by telephone in connection with the Account, 
directly or through an agent – for example, to collect amounts owed on the Account, to notify you of potential fraudulent 
transactions on your account or for other account-servicing purposes. If at any time you provide a mobile telephone 
number  at  which  you  may  be  contacted,  you  consent  to  receive  calls  (including  autodialed  calls  and  prerecorded 
messages) at that mobile number from us, our successors and assigns, and our affiliates, agents and independent 
contractors, including servicers and collection agents, regarding the Account or your related financial obligations. 

You  consent and  further agree  that:  (1)  these  telephone  calls,  from  us or  on  our  behalf,  may  be  made: (a)  to  the 
telephone number(s) that you provided on the Account application, (b) to any other telephone number(s) that you later 
provide to us, and/or (c) to any telephone number(s) that we are permitted by law to use to contact you; (2) these calls 
may be sent using automatic dialing equipment and/or include prerecorded messages; (3) other communications, 
including mobile text messages, may be sent to the same telephone number(s) (technology permitting); (4) you may 
be charged by your service provider for these calls in accordance with your service plan between you and your current 
telephone provider; (5) these calls and/or messages are not “unsolicited” calls for purposes of applicable law; and (6) 
except to the extent prohibited by applicable law, other communications, including, but not limited to, fax, Internet, US 
mail, and non-mobile email messages, may be sent to you. 

Refusal to Honor Card. We are not responsible for refusals to honor your Card or Checks. Except as otherwise required 
by applicable law or regulation, we will not be responsible for merchandise or services purchased or leased through 
use of your Account. 

Irregular Payments and Delay in Enforcement. We can accept late payments, partial payments, checks and money 
orders marked “Paid in Full” or language having the same effect without losing any of our rights under this Agreement. 
We can also delay enforcing our rights under this Agreement any number of times without losing them. The fact that 
we may at any time honor a Purchase, Check, Balance Transfer or Cash Advance in excess of your maximum Credit 
Limit does not obligate us to do so again. 

Our Rights Continue. Our failure or delay in exercising any of our rights under this Agreement does not mean that we 
are unable to exercise those rights later. 

Payments Made on Your Account. If you make a payment on this Account utilizing a check, you authorize us either to 
use the information from your check to make a one-time electronic fund transfer from your checking/deposit account 
or to process the payment as a check transaction. When we use information from your check to make an electronic 
fund transfer, funds may be withdrawn from your bank account as soon as the same day you make your payment, and 
you will not receive your check back from your financial institution. For inquiries, or to opt out of one-time electronic 
fund transfers, please call the number listed on the back of your Card. 

Payments that are Returned on Your Account. If a payment you make is not honored by your bank and we have already 
credited your account for the payment, we will reverse the credit in the following manner. We separately total the 
amounts  credited  to  Purchases,  Cash  Advances,  and  Balance  Transfers.  For  each  such  amount  we  create  a  new 
transaction at the then current applicable rate for Purchases, Cash Advances, and Balance Transfers, respectively, 
and add that transaction to your account as of the date the original payment was first credited to your Accounts. 

Payment Allocation. Subject to any mandatory provisions of applicable law, in most instances, we will allocate any 
amount over your minimum payment to the highest APR balances first. Payments up to the minimum payment will be 
applied at our discretion, including to lower APR balances first. 

Liability for Unauthorized Use of Your Account. If your Card or any Check(s) are lost or stolen or if you have reason to 
think  someone  may  use  your  Account without  your permission,  you must  notify  us  at  once.  Please  either  visit  the 
website on the back of your Card and send us an e-mail or telephone us at the number on the back of your Card 
concerning the loss or theft of your Card or Checks or the possible unauthorized use of your Account. Do not use the 
Card, Account number or any Checks after they have been reported lost or stolen, even if they are found or returned. 
You will not be liable for unauthorized use of the Account; however, you must identify for us the charges that were not 
made by you, or someone authorized by you and through which you received no benefit. We may require you to provide 
us with certain information and to comply with our investigation procedures. We may terminate or limit access to your 
Account if you have notified us or we have determined that your Card or Checks may have been lost or stolen, or that 

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there may be unauthorized access to your Account. 

Sale of Account and Assignment to Farm Bureau Bank. This Account was originated by Barclays Bank Delaware but 
may be subsequently sold, assigned, or transferred to Farm Bureau Bank, FSB or to any other person or entity. Farm 
Bureau Bank, FSB may at any time, and without any notice to you, sell, assign, or transfer your Account, any sums due 
on your Account, this Agreement or our rights or obligations under your Account or this Agreement. The person(s) to 
whom we make any such assignment shall be entitled to all of our rights under the Agreement, to the extent sold, 
assigned, or transferred. 

Governing Law. This Agreement and your Account will be governed by applicable federal law and, to the extent not 
preempted by federal law, the laws of the State of Nevada. 

Inquiries or Questions: You may address any inquiries or questions which you have about your Account to Farm Bureau 
Bank, FSB, by visiting the website on the back of your Card and sending us an e-mail, writing us at Farm Bureau Bank, 
FSB,  PO  Box  33427,  San  Antonio,  TX  78265-3427,  or  calling  us  at  the  number  on  the  back  of  your  Card.  If  you 
telephone or email us instead of writing, you may lose certain rights the law gives you to dispute billing errors. 

Arbitration. At the election of either you or us, any claim, dispute or controversy (“Claim”) by either you or us against 
the  other,  arising  from  or  relating  in  any  way  to  this  Agreement  or  your  Account,  or  their  establishment,  or  any 
transaction  or  activity  on  your  Account,  including  (without  limitation)  Claims  based  on  contract,  tort  (including 
intentional torts), fraud, agency, negligence, statutory or regulatory provisions or any other source of law and (except 
as otherwise specifically provided in this Agreement) Claims regarding the applicability of this arbitration provision or 
the validity of the entire Agreement, shall be resolved exclusively by arbitration. For purposes of this provision, “you” 
includes yourself, any authorized user on the Account, and any of your agents, beneficiaries or assigns, or anyone 
acting  on  behalf  of  the  foregoing,  and  “we”  or  “us”  includes  our  employees,  parents,  subsidiaries,  affiliates, 
beneficiaries, agents and assigns, and to the extent included in a proceeding in which Farm Bureau Bank, FSB, is a 
party, its service providers and marketing partners. Any Claims sought to be made or remedies sought to be obtained 
as part of any class action, private attorney general or other representative action (hereafter all included in the term 
“class action”) shall be subject to arbitration and arbitrated on an individual basis between you and us, not on a class 
or representative or other collective basis. The arbitrator shall not have any authority to entertain a claim, or to award 
any  relief,  on  behalf  of  or  against  anyone  other  than  a  named  party  to  the  arbitration  proceeding.  If  any  Claim  is 
advanced in a court, arbitration may be elected under this provision instead, and the right to elect arbitration shall not 
be deemed to have been waived if the election is made at any time before commencement of trial. 

Alternatively, you and we may pursue a Claim within the jurisdiction of the Justice of the Peace Court in Nevada, or the 
equivalent court in your home jurisdiction, provided that the action remains in that court, is made on behalf of or 
against you only and is not made part of a class action, private attorney general action or other representative or 
collective action. 

The arbitration shall be administered by the American Arbitration Association, www.adr.org, 950 Warren Avenue, East 
Providence, RI, 02914, 866.293.4053 (the “Administrator”). The Administrator provides information about arbitration, 
its arbitration rules and procedures, fee schedule and claims forms at its web site or by mail as set forth above. The 
Administrator will apply the rules and procedures in effect and applicable to the claim at the time the arbitration is 
filed.  The  Claim  will  be  heard  before  a  single  arbitrator.  The  arbitration  will  not  be  consolidated  with  any  other 
arbitration proceedings. The Administrator shall resolve each dispute in accordance with applicable law. 

If you commence arbitration, you must provide us the notice required by the Administrator’s rules and procedures. 
The notice may be sent to our Operations Center at Farm Bureau Bank FSB, PO Box 33427, San Antonio, TX 78265-
3427. If we commence arbitration, we will provide you notice at your last known billing address. We agree to honor a 
request by you to remove the action to a Small Claims Court, provided that we receive the request within thirty days 
of the notice of commencement of arbitration. Any arbitration hearing at which you appear will take place at a location 
within the federal judicial district that includes your billing address at the time the Claim is filed. 

This arbitration agreement is made pursuant to a transaction involving interstate commerce, and shall be governed 
by the Federal Arbitration Act, 9 USC. §§ 1-16. No class actions, joinder or consolidation of any Claim with a Claim of 
any other person or entity shall be allowable in arbitration, without the written consent of both you and us. In the event 

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that there is a dispute about whether limiting arbitration of the parties’ dispute to non-class proceedings is enforceable 
under applicable law, then that question shall be resolved by litigation in a court rather than by the arbitrator; and to 
the extent it is determined that resolution of a Claim shall proceed on a class basis, it shall so proceed in a court of 
competent jurisdiction rather than in arbitration. 

A party can file with the Administrator a written appeal of a single arbitrator’s award within 30 days of award issuance, 
requesting  a  new  arbitration  in  front  of  three  neutral  arbitrators  designated  by  the  Administrator.  The  panel  will 
reconsider  all  factual  and  legal  issues,  following  the  same  rules  of  procedure,  and  will  make  decisions  based  on 
majority vote. Any final arbitration award will be binding on the named parties and enforceable by any court having 
jurisdiction. Judgment upon any arbitration award may be entered in any court having jurisdiction. 

We  will  pay,  or  reimburse  you  for,  all  fees  or  costs  to  the  extent  required  by  law  or  the  rules  of  the  arbitration 
Administrator. Whether or not required by law or such rules, if you prevail at arbitration on any Claim against us, we 
will reimburse you for any fees paid to the Administrator in connection with the arbitration proceedings. Under no 
circumstances  will  we  seek  from  you  payment  or  reimbursement  of  any  fees  that  we  incur  in  connection  with 
arbitration.  In  addition,  in  any  arbitration  that  you  elect  to  file  that  could  be  heard  in  Small  Claims  Court  in  your 
jurisdiction, we will pay the filing fees and other arbitration fees above the cost of filing in that Small Claims Court. If 
you are required to advance any fees or costs to the arbitration Administrator, but you ask us to do so in your stead, 
we will consider and respond to your request. 

This arbitration agreement applies to all Claims now in existence or that may arise in the future, and it survives the 
termination of the Cardholder Agreement and the Account relationship, including your payment in full, and your filing 
of bankruptcy. Nothing in this Agreement shall be construed to prevent any party’s use of (or advancement of any 
claims, defenses, or offsets in) bankruptcy or repossession, replevin, judicial foreclosure or any other prejudgment or 
provisional remedy relating to any collateral, security or property interests for contractual debts now or hereafter owed 
by either party to the other under this Agreement. 

ARBITRATION WITH RESPECT TO A CLAIM IS BINDING AND NEITHER YOU NOR WE WILL HAVE THE RIGHT TO LITIGATE 
THAT CLAIM THROUGH A COURT. IN ARBITRATION YOU AND WE WILL NOT HAVE THE RIGHTS THAT ARE PROVIDED IN 
COURT INCLUDING THE RIGHT TO A TRIAL BY JUDGE OR JURY AND THE RIGHT TO PARTICIPATE OR BE REPRESENTED 
IN  PROCEEDINGS BROUGHT BY  OTHERS  SUCH  AS CLASS  ACTIONS  OR  SIMILAR  PROCEEDINGS.  IN  ADDITION,  THE 
RIGHT TO DISCOVERY AND THE RIGHT TO APPEAL ARE ALSO LIMITED OR ELIMINATED BY ARBITRATION. ALL OF THESE 
RIGHTS ARE WAIVED AND ALL CLAIMS MUST BE RESOLVED THROUGH ARBITRATION. 

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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. 

Farm Bureau® Member Rewards Mastercard® (converted) 

What to Do if You Find a Mistake on Your Statement. 

If you think there is a mistake on your statement, write to us at: 

Farm Bureau Bank 
PO Box 33427 
San Antonio, TX 78265 

You may also contact us on the Web: www.farmbureau.bank.  

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 or electronically. 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 account. 

•  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 an unpaid amount against your credit limit. 

After we finish our investigation, one of two things will happen: 

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1.  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. 

2.  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 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 the criteria above are met and you are still dissatisfied with the purchase, contact us in writing or electronically 
at: 

Farm Bureau Bank 
PO Box 33427 
San Antonio, TX 78265 
www.farmbureau.bank 

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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