Summary of Credit Terms - Union Bank® Secured Visa® Card 

The rates below reflect the 6/16/22 Prime Rate increase that we will implement on 7/20/22. For accounts opened through 7/19/22, the Summary of Credit Terms 
with your new card will not reflect the increased rate. For accounts opened after 7/19/22, the Summary of Credit Terms will reflect the increased rate.

Interest  Rates  and Interest  Charges 

Annual Percentage  Rate 
(APR) for Purchases 

20.49% 

This APR will vary with the market based on the Prime Rate. 

APR for  Balance Transfers 

20.49% 

This APR will vary with the market based on the Prime Rate. 

APR for  Cash Advances 

26.75%. 

This APR will vary with the market based on the Prime Rate. 

Penalty APR 

None 

Paying Interest 

Your due date is at least 21 calendar days af ter the close of each billing cycle. We will not 
charge you any interest on purchases if  you pay your entire balance by the due date each 
month. We will begin charging interest on cash advances and balance transfers on the 
transaction date. 

Minimum Interest Charge 

If  you are charged interest, the charge will be no less than $1.75. 

For Credit Card Tips from 
the Consumer  Financial 
Protection  Bureau 

To  learn more about f actors 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. 

Fees 

Annual Fee 

Transaction  Fees 

$25 

•

Balance Transf er

Either $10 or 5% of  the amount of  each balance transf er, whichever is greater. 

• Cash Advance

Either $15 or 5% of  the amount of  each cash advance, whichever  is greater. 

•

Foreign Transaction

3%  of  each transaction in U.S. dollars. 

Penalty Fees 

•

Late Payment

Up to $37. 

• Over-the-Credit Limit

None 

• Returned Payment

Up to $35. 

How We  Will Calculate  Your Balance:  We use a method called "average daily balance (including new purchases)." 

The inf ormation about the costs of the card described in this application is accurate as of 07/20/22. This information may 
have changed af ter that date. To  f ind out what may have changed, please call us at 877-505-6789. 

SEE BACK OF PAGE for more important information about your account. 

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ADDITIONAL  TERMS & CONDITIONS 

If  an account is opened, you will receive a Cardmember Agreement (“Agreement”) with your card(s). You agree to the terms of  this Agreement by: using 
the account or any card, authorizing their use, or making any payment on the account. We have the right to  change the account terms (including the APRs) 
in accordance with your Agreement. We reserve the right to change the benefit features associated with your card at any time. Complete terms and 
conditions will be provided to you when you become an approved cardmember. Cards are issued and serviced by Union Bank® Card Services, a division 
of MUFG Union Bank, N.A. 

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 and/or entity that opens an account; and What this means to you: When you open an account, we will ask 
for your name, address, date of birth (for individuals) and other information that will allow us to identify you. We may also ask to see your driver’s license 
or other identifying documents. 

CREDIT  REPORT AUTHORIZATION 

By submitting an application for credit, you authorize us to obtain credit bureau reports that we will use when considering your application for credit. You 
also authorize us to obtain credit bureau reports and any other information about you in connection with the extensions of credit on your account and the 
administration, review or collection of your account.  If you ask, we will tell you the name and address of the credit bureau from which we obtained a report 
about you. You also authorize us to verify your employment, income and other relevant information. 

COMMUNICATION  AUTHORIZATION 

By providing a telephone number, including but not limited to a cellular (mobile) telephone number, you agree that we (including companies working on 
our behalf) have your express con sent to contact you or the Company at the number provided about any of the Company’s Union Bank accounts, and that 
we may use text  messaging, artificial or  prerecorded  voice messages and  automatic dialing  technology to  call you  for  any non-telemarketing  purpose, 
including but not limited to informational, accou nt servicing, and collection calls. Message and data rates may apply. You al so agree that by providing your 
email address, we have your permission to contact you through your email address to notify you of progress on you r application, provide important account 
information, to let you know about other products and services. 

ARBITRATION  NOTICE 

If  you  are  issued a  credit  card,  your Agreement  will  contain  a  binding arbitration  provision.  In  the event  of  any dispute  relating  to  your  account,  the 
dispute will be resolved by binding arbitration pursuant to the rules of the American Arbitration Association or JAMS/Endispute. Both you and we agree to 
waive the  right  to go  to  court  or  to  have  the  dispute heard by a  jury (except  as  to any  collection  activities on  your  account).  You and  we  will be  waiving 
any right to a jury trial and you also would not have the right to participate as a p art of a class of claimants relating to any dispute with us. Other rights 
available  to  you  in  court  may also be  unavailable  in  arbitration.  When  you  receive  your  Agreement,  you  should  read  the  Resolution  of  Claims  by 
Arbitration provision in your Agreement carefully and not accept or use the Card unless you agree to be bound by the arbitration provision. 

BALANCE  TRANSFERS 

If  you are issued a credit card, you authorize us to make one or more of  the balance transfers that you have requested from credit card accounts or other 
types of accounts with other financial institutions. Balance Transfers cannot be used to pay off or pay down any Union Bank credit card, either opened in 
your name or any other person. All balance transfer requests are subject to our approval; we are not liable if we do not make a requested balance 
transfer. We reserve the right to  make balance transfers in the order we select and to limit  the amount of the balance transfers that we make (this amount 
may be less than your total credit limit).  If you request an amount that we do not approve, we may process a partial transfer for less than you requested 
or we may decline the entire request. In addition, transfer requests that are incomplete, illegible or requested to cash, to yourself or to another account 
with us or one of our affiliates may not be processed. You should not transfer any amount that is in dispute in order to preserve your dispute rights. 
When you transfer a balance from another account, we send a payment in  the amount of the balance transfer to the other financial institution. We 
have no control over, and are not responsible for, how and when the other financial institution applies the payment.  You are responsible for verifying that 
the other financial institution applies the balance transfer payment in accordance with your other account’s terms. You should continue to monitor the 
other accounts that you requested us  to  send  the  proceeds of  the  balance transfer  to,  and  you  should  continue  to  pay  the  minimum payments due 
on  those accounts  until  you  receive statements from those creditors showing that the balances due them have been paid in full. This might not happen 
until after the balance transfer appears on your billing statement from us. You are liable for any late payments, finance charges or disputed amounts 
on your other accounts. We do not send instructions  to  the other  financial  institution  to  close  your  other account.  If  you  want  the other  account to  be 
closed,  you  must  do  that  yourself.  Balance  transfers  are  subject  to  applicable  fees  and  finance  charges  and  do  not  have  the  benefit  of  a  grace 
period.  If you  take advantage of a balance transfer offer and continue to use the credit card to make purchases, you will lose the interest-free 
grace period on the new purchases unless you pay the entire statement balance, including the amount subject to the promotional APR, by the 
payment due date. 

SECURITY INTEREST IN THE COLLATERAL  ACCOUNT 

As a condition to opening and maintaining a credit card account, you will be required to open and maintain a deposit account with us to hold the funds 
you have provided as collateral (the “Collateral Account”). The balance in the Collateral Account must at all  times equal at least  the amount of the 
credit line on  your  credit  card  account.  At  the  time  the  Collateral  Account  is  opened,  we  will  provide  you  with  the  terms  and  conditions governing 
the Collateral Account and all related disclosures (the “Collateral Account Agreement”). In the event of a conflict between the terms and conditions in 
this section and 

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those of the Collateral Account Agreement, these terms and conditions will apply with respect to  the Collateral Account. You grant us a security interest in 
the Collateral Account and in all additions to and proceeds of the Collateral Account. Our interest in the  Collateral Account secures you r promise  to  pay for 
all transactions on the  credit card account and any interest, fees and other amounts that you owe us under the credit card account. You agree that, until 
all  amounts owed  under the credit card account have been fully paid and the account has been closed  (a) you  may not withdraw  any funds from  the 
Collateral Account, (b) you may not create or permit any other lien or security interest in the Collateral Account or transfer any other interest in  the Collateral 
Account for any reason, (c) any attempt to give a security interest or transfer any other interest in the Collateral Account will be ineffective and void, and 
(d) you may not close the Collateral Account.

We may, in  our discretion, close the Collateral Account at any time. Before closing your Collateral Account, we will give  you  any notice required by law or 
the Collateral Account Agreement. If any person other than us seeks to assert an interest in  the Collateral Account, we may deem  the account balance 
immediately payable and apply the funds in the Collateral Account to you r outstanding accou nt balance. We may u se the funds in the Collateral Account 
to pay any balances on your credit card account. You agree that if the credit card account issued to you by us is closed for any reason, we may apply the 
funds in this Collateral Account to pay off any balance on the  credit card account. If the credit card account is closed for any reason, whether by you or us, 
we  may hold funds in this Collateral Account for a minimum  holding period of sixty days after the credit card account balance is paid in full and the credit 
card account is  closed in order to  cover any transactions, fees or charges  that may  be posted to  the  credit card account  after  it is  closed.  If any funds 
remain in the Collateral Account after the credit card account balance is paid, we will sen d the remaining funds to you in the manner provided by the Collateral 
Account Agreement. If the Collateral Accou nt is closed or funds are withdrawn prior to any stated maturity date, we may assess an early withdrawal penalty 
as described  in  the Collateral Account Agreement.  Please refer to  your Collateral Account  Agreement  for complete details regarding penalties  for early 
withdrawals. 

The foregoing  security interest in the  Collateral Account is in addition to, and does not impair or affect, any waiver of any set off or other rights that we 
have or may have, now or hereafter, with respect to the Collateral Account. 

OVERDRAFT  PROTECTION  LINKED  TO A  UNION BANK  CREDIT CARD 

Service is limited to  covering one personal checking account linked to one personal Union Bank credit card, and both accounts must have a common 
owner. 
By  enrolling  in Overdraft Protection  Linked  to a  Union Bank Credit Card, you authorize the  Bank to  make advances on your Unio n Bank  Credit  Card 
(subject to you r available credit) in order to cover transactions (including transfers between checking, money market, and  savings accounts) presented for 
payment against insufficient  funds. We  will not authorize transactions requiring  real-time authorization (such as  ATM  withdrawals, ATM  or  Debit Card 
purchases, and cash withdrawals in a Union Bank branch) using this service. If you attempt a transaction requiring real-time authorization and there are 
insufficient available funds in the linked checking account, the  transaction will be declined. Activation of the  Overdraft Protection service may take up to 5 
business days following the approval of a new credit card account; for customers with an existing open credit card account, i t may take up  to 5 business 
days from the initial request to enroll in the Overdraft Protection service. 

Each business day that we determine  that  your linked checking  account  is overdrawn  by any amount,  you  authorize us to  make  an Overdraft  Advance 
equal to a) $50, or b) the next  highest multiple of $50 that will equal or exceed the linked checking account overdraft, as determined by us. For example, 
if we  determine that you r linked checking accou nt is overdrawn by $125, you understand and agree that we may automatically make an Overdraft Advance 
of $150 from your Union Bank Credit Card for deposit to your linked checking account. We will make advances only once each business day. 

Advances will only be processed if at least one transaction can  be covered by the advanced amount. Any negative balance from a previous business day 
will  not trigger an advance unless another eligible transaction is presented for payment and there is sufficient available credit on the credit card accou nt to 
cover at  least  that  additional transaction. If you  do  not  have sufficient available credit on  your credit  card  account to  cover all  transactions, your linked 
checking account may be subject to fees for any uncovered transactions. The total advance amount will appear on the linked checking account sta tement 
each day an advance is made. Only one checking account may be linked to one credit card account, and both accou nts must have a common owner. If 
your linked checking account is changed to a closed status for any reason, Union Bank may terminate the Overdraft Protection Linked to a Union Bank 
Credit Card service without notice. 

Overdraft  Advances  and  the  $10  daily  Overdraft  Advance  Fee  will  be  added  to  your  Overdraft  Advance  Balance  Category  on  your  credit  card 
monthly  statement  and  be  charged  the  Overdraft  Advance  Annual  Percentage  Rate.  Your  APR  will  be  20.49%.  This  APR  will  vary  with  the  market 
based  on  the  Prime  Rate.  No  grace  period  will  apply  when  calculating  finance  charges  for  Overdraft  Advances.  If  your  linked  credit  card  account  is 
changed to a closed status for any reason, Union Bank may terminate the Overdraft Protection Linked to a Union Bank Credit Card service without 
notice. You may cancel this service a 

t any time. 

Some accounts may not be eligible for Overdraft Protection Linked  to  a Union  Bank Credit Card. For more  information, see  the Union Bank Personal 
Accounts & Services Disclosure and Agreement. 

OTHER  DISCLOSURES 

CALIFORNIA RESIDENTS: A married  applicant may apply for a separate account. Additionally, we may obtain information at any time from the California 
Department of Motor Vehicles. You agree to waive the address confidentiality requirements section of the California Vehicle Code (Section 1808.21). 

NEW  YORK  RESIDENTS  may contact the  New York State  Department of Financial Services by telephone at 1  -800-342-3736 or visit its website at 
www.dfs.ny.gov for free information on comparative credit card rates, fees and grace periods. 

OHIO RESIDENTS: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers and that 

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credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance 
with this law. 

WASHINGTON  STATE  RESIDENTS:  Washington state law prohibits discrimination in credit transactions because of race, creed, color, national origin, 
sex, or marital status. The Washington State Human Rights Commission administers compliance with this law. 

NOTICE TO MARRIED WISCONSIN APPLICANTS: No provision of any marital property agreement, unilateral statement or court decree adversely affects 
our interests and/or rights unless, prior to the time the credit is granted or an open -end credit plan is entered into, we are furnished with a copy of  the 
agreement, statement, or decree, or have actual knowledge of the adverse provision. Married Wisconsin residents applying for credit separately must 
furnish name and address of their spouse to Union Bank at P.O. Box 60398, Phoenix, AZ 85026. 

MILITARY LENDING ACT 

Federal law provides important protections to members of the  Armed  Forces and their dependents relating to extensions of consumer credit. In general, 
the cost  of consumer credit  to a  member of the Armed  Forces and his or her dependent may not exceed an annual percentage rate  of 36 percent. This 
rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold 
in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and 
any participation fee charged (other than certain participation fees for a credit card account). 

Additionally,  if any  clause  in  your  Agreement  with us  conflicts  with  the federal  law  protections  afforded  to  members  of  the  Armed  Forces,  including  any 
provision related to mandatory arbitration, federal law will prevail. 

If you would like to receive this Military  Lending Act disclosure orally, please call 1 -877-925-8666. 

Cards are issued and serviced by Union Bank Card Services, a division of MUFG Union Bank, N.A. 

©2022 MUFG Union Bank, N.A. All rights reserved. Member FDIC. 
Union Bank is a registered trademark and brand name of MUFG Union Bank, N.A. unionbank.com 

Union Bank Secured Visa® Card (CSC) – Web 07/22 

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