Listerhill.com >Services >Credit Cards >VISA Credit Card Agreement

In this agreement the words “you” and “your” mean each and all of those
who apply for the Card. “Card” means the VISA Credit Card and any
duplicates and renewals we issue. This agreement applies to everyone who
receives, signs or uses a Card issued under this Agreement. “Account”
means your VISA Credit Card Line of Credit account with us. “We”, “us” and
“ours” means LISTERHILL CREDIT UNION.

1. Responsibility. By using your Card, you agree to repay all debts and the
FINANCE CHARGE arising from the use of the Card and the Card Account.
For example, you are responsible for charges made by yourself, your spouse
and minor children. You also agree to be responsible for charges made by
anyone else whom you give the Card, and this responsibility continues until
the Card is recovered. You cannot disclaim responsibility by notifying us,
but we will close the Card Account for new transactions if you so request
and if you return all Cards. Your obligation to pay the account balance
continues even though an agreement, divorce decree or other court
judgment to which we are not a party may direct you or one of the other
persons responsible to pay the account. Any person using the Card is jointly
responsible with you for charges he or she makes, but if that person signs
the Card, he or she becomes a party to this Agreement and is also jointly
responsible for all charges on the account, including yours. You agree the
Card may not be used for any illegal or unlawful activity or transactions,
including but not limited to, gambling.

2. Lost Card Notification. If you believe the card has been lost or stolen,
you will immediately call the Credit Union at: (256) 383-9204 or 1-800-
239-6033.

3. Liability for Unauthorized Use. If you tell the Credit Union after learning
of the loss or theft of the Card your liability for unauthorized transactions
using the Visa system is zero. If you tell the Credit Union within two days
after learning the loss of the card your liability for unauthorized
transactions is $50.00. For ATM transactions your liability is $500 if you do
not tell the Credit Union within two business days and if you do not tell us
within sixty (60) days after the statement was mailed, you may not get back
any money you lost if we can prove that we could have stopped someone
from taking the money had you told us in time. We may require you to
provide a written statement regarding claims of unauthorized transactions.
If we determine that you have been grossly negligent or fraudulent in the
handling of your account or Card, your liability may increase. These rules do
not apply to other electronic transfers. Notice Regarding Non-Visa Pinless
Debit Card Transactions: You may use your Visa Debit Card to initiate both

Visa debit transactions and non-Visa debit transactions without using a
personal identification number (PIN) to authenticate the transactions. To
initiate a Visa debit transaction, you may sign a receipt, provide a card
number or swipe your card through a point-of-sale (POS) terminal and
choose to route the transaction over a Visa network. To initiate a non-Visa
debit transaction, you may enter a PIN at a point-of sale terminal or, for
certain bill payment transactions, provide the account number for an e-
commerce or mail/telephone order transaction after clearly indicating a
preference to route it as a non-Visa transaction. We have enabled non-Visa
debit transaction processing on the VISA, PLUS and STAR networks. The
rights and protections applicable only to Visa debit transactions, including
additional consumer liability limits and streamlined error resolution
procedures, as described in your Electronic Fund Transfers Agreement and
Disclosure will not apply to transactions processed through non-Visa
networks. Please contact the Credit Union with any questions you may
have regarding this notice.

4. Credit Line. Upon approval, we will establish a self-replenishing Line of
Credit for you and notify you of its amount when we issue the Card. You
agree not to let the Account balance exceed this approved Credit Line. Each
payment you make on the Account will restore your Credit Line by the
amount of the payment which is applied to principal. You may request an
increase in your Credit Line only by written application to us, which must be
approved by our loan committee or loan officer. By giving you written
notice, our loan committee may reduce your Credit Line from time to time,
or with good cause, revoke your Card and terminate this Agreement. Good
cause includes your failure to comply with this Agreement or our adverse
reevaluation of your creditworthiness. You may also terminate this
Agreement at any time, but termination by either you or us does not affect
your obligation to pay the Account balance. The Cards remain our property
and you must recover and surrender to us all Cards upon our request and
upon termination of this Agreement.

5. Credit Information. You authorize us to investigate your credit standing
when opening, renewing or reviewing your Account, and you authorize us
to disclose information regarding your Account to credit bureaus and other
creditors who inquire of us about your credit standing.

6. Monthly Payments. Each month you must pay at least the minimum
payment shown on your statement by the date specified on the statement
or not later than 25 days from the statement closing date, whichever is
later. If your statement says the payment is “Now Due,” your payment is
due no later than 25 days from the statement closing date. You may pay
more frequently, pay more than the minimum payment or pay the Total
New Balance in full. If you make extra or larger payments, you are still
required to make at least the minimum payment each month if your
Account has a balance (other than a credit balance). The minimum payment
is 2.00% of your Total New Balance or $15.00, whichever is greater, not to
exceed your Total New Balance, plus the amount of any prior minimum

payments that you have not made, and any amount you are over your credit
limit. The Credit Union also has the right to demand immediate payment of
any amount by which you are over your credit limit. To the extent your
payments exceed the minimum payment due each billing period, we will
apply them to balances with higher rates prior to balances with lower rates.
In the event a payment is late 10 days or more, you will be charged a late
payment fee of up to $25.00.

7. Finance Charges. You have a 25-day grace (no finance charge) period on
your purchase balance and for new purchases if you paid the Total New
Balance for your Account on your last statement by the end of the grace
period. You also have a 25-day grace period for new purchases if you did
not have a purchase balance on your last statement. The grace period starts
on the statement closing date. If you do not pay the Total New Balance for
your Account by the end of the grace period, FINANCE CHARGE will be
imposed on the unpaid purchase balance from the first day of the next
billing cycle and on new purchases from the date they are posted to your
Account. FINANCE CHARGE is imposed on cash advances from the date
they are posted to your Account. 
The FINANCE CHARGE will be based on your credit score set according to
the following table:

RISK-BASED PRICING TABLE

Credit Score Range ......... Annual Percentage Rate 
730 or above ......... 8.50% 
690-729 ......... 9.75% 
660-689 ......... 10.75% 
620-659 ......... 14.00% 
001-619 ......... 17.50%

The initial Annual Percentage Rate (APR) applied to your card account will
be disclosed to you when you receive your card and is based on your
creditworthiness. Your credit score will be measured periodically and your
credit tier may be adjusted up or down or remain the same based upon
changes in your credit score. To get the average daily balance for your
Account, the daily balances for the billing cycle are added and the total is
divided by the number of days in the cycle. To get the daily balance, new
cash advances and new purchases are added to the day’s beginning balance
and payments and credits are subtracted; however, new purchases are not
added if you paid the Total New Balance for your Account on your last
statement by the end of the grace period or if you did not have any balance

during the previous cycle. Fees are not included in the calculation of the
average daily balance. FINANCE CHARGE will continue to accrue on your
account until what you owe under this Agreement Is paid in full.

8. Default. You will be in default if you fail to make any Minimum Payment
when due. You will also be in default if (a) your ability to repay us is
materially reduced by a change in your employment, an increase in your
obligations, bankruptcy or insolvency proceeding involving you, your death
or your failure to abide by this Agreement, (b) the value of our security
interest materially declines, (c) you break any promise you have made to us
under this Agreement or any other agreement you have with us is not true,
or (d) we should otherwise feel insecure in receiving payment of the
Account Balance for whatever reason. We have the right to demand
immediate payment of your full account balance if you default, without
giving any notice to you. In the event of default, you agree to pay all costs of
collecting the amount you owe under this agreement including, if the
unpaid balance under this plan is greater than Three Hundred Dollars
($300.00) at the time of collection, reasonable attorney’s fees if the debt is
referred for collection to an attorney who is not our employee and if suit is
filed, court costs.

9. Using the Card. You may use the card issued to you to make purchases in
person, and by mail or telephone from merchants and others who accept
VISA cards. In addition, you may obtain cash advances by using the card or
special drafts issued for this purpose. Cash advances may be received from
the Credit Union, from other financial institutions participating in the VISA
program and from automated teller machines (ATMs), such as VISA ATM
Network, which provide access to the VISA system. (Not all ATMs provide
such access). You will need to use your card and Personal Identification
Number (PIN) to obtain a cash advance from an ATM. The monthly
statement will identify the merchant, electronic terminal or financial
institution at which transactions were made, but sales, cash advance, credit
or other slips cannot be returned with the statement. You will retain the
copy of such slips furnished at the time of the transaction in order to verify
the monthly statement. The credit union may make a reasonable charge for
photocopies of slips you request.

10. Returns and Adjustments. Merchants and others who honor the Card
may give credit for returns or adjustments, and they will do so by sending us
a credit slip which we will post to your account. If your credits and
payments exceed what you owe us, we will hold and apply this credit
balance against future purchases and cash advances, or if it is $1 or more,
refund it on your written request or automatically after 6 months.

11. Foreign Transactions. Purchases and cash advances made in foreign
countries and foreign currencies will be billed to you in U.S. Dollars. A rate
selected by VISA from the range of rates available in wholesale currency
markets for the applicable central processing date, which rate may vary

from the rate VISA itself receives or the government mandated in effect for
applicable central processing date, in each instance, plus the 1%
International Transaction Fee.

12. Plan Merchant Disputes. We are not responsible for the refusal for any
plan merchant or financial institution to honor your Card. We are subject to
claims and defenses (other than tort claims) arising out of goods or services
you purchase with the Card only if you have made a good faith attempt, but
have been unable to obtain satisfaction from the plan merchant, and: (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. Any other disputes you must resolve directly with the plan merchant.

13. Security Interest. To secure your Card Account, you grant us a
purchase money security interest under the Uniform Commercial Code in
any goods you purchase through use of the account. If you default, we will
have the right to recover any of these goods which have not been paid for
through our application of your payments in the manner described in
Paragraph 6.

By using the card you hereby pledge all share and/or deposits (including
amounts in draft accounts) and payments and earning thereon which you
now or hereafter may have with us, whether held jointly, individually, or
in trust, as security for any and all monies advanced or purchases made by
use of the Card and any interest accrued thereon. You authorize us to
take what you owe us out of any account (except Individual Retirement
Accounts) you have with us. By use of the card, you acknowledge that you
have signed a separate security agreement granting a security interest in
all shares and/or deposits in the Credit Union (except Individual
Retirement Accounts) including all accounts from which you have the
right to withdraw. By using the card, you agree that collateral securing
any other debt with the Credit Union will also secure this account.

14. Effect of Agreement. This Agreement is the contract which applies to
all transactions on your account even though the sales, cash advances,
credit or other slips you sign or receive may contain different terms. We
may amend this Agreement from time to time by sending you any advance
written notice required by law. Any amendment to this Agreement will take
effect on the day it is mailed unless advance notice is required by law. Your
use of the Card thereafter will indicate your agreement to the amendments.
To the extent the law permits, and we indicate in our notice, amendments
will apply to your existing Account balance as well as to future transactions.

15. Governing Law. The terms and conditions of this Agreement are
governed by and construed in accordance with the laws of the State of
Alabama and any applicable law.

16. Delay in Enforcement. No delay in enforcement of our rights under this
Agreement will result in any loss of our rights or relieve you of any of your
obligations.

17. Invalidity of Provisions and Captions. If any provision of this
Agreement is deemed invalid the rest of this Agreement will remain in full
force and effect. The paragraph headings are for convenience only and do
not form a part of this Agreement.

18. Copy Received. You acknowledge receipt of a copy of this Agreement
and Billing Rights Statement.

QUESTIONS?

While we hope you find the information you need online, we want to
remind you that Listerhill is more than a website. We’re your credit union,
and we look forward to helping you. Call us at (256) 383-9204 or 1-800-
239-6033 for friendly, local assistance. Better yet, stop by one of our
branches for some personal service.

© 2016 Listerhill Credit Union. All Rights Reserved.

Federally Insured by the NCUA.