Merced School Employees Federal Credit Union 1021 Olivewood Drive ¢ PO Box 1349 Merced, CA 95348 209-383-5550 ¢ 800-542-2345 Fax: 209-383-0390 MSEFCU www.mercedschoolcu.org APPLICATION AND SOLICITATION DISCLOSURE VISA VISA SHARE SECUREDI/VISA CLASSIC/VISA STUDENT     Interest Rates and Interest Charges   Annual Percentage Rate (APR) for Purchases Visa Share Secured 8.25% Visa Classic 10.75% Visa Student 14.50%   APR for Balance Transfers Visa Share Secured 8.25% Visa Classic 10.75% Visa Student 14.50%   APR for Cash Advances Visa Share Secured 8.25% Visa Classic 10.75% Visa Student 14.50%   How to Avoid Paying Interest on Purchases Your due date is at least 25 days after 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.   For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore.   Fees   Transaction Fees - Balance Transfer Fee - Cash Advance Fee - Foreign Transaction Fee None $2.00 1.00% of each transaction in U.S. dollars     Penalty Fees - Late Payment Fee - Returned Payment Fee   Up to $10.00 Up to $25.00   How We Will Calculate Your Balance: We use a method called "average daily balance (excluding new purchases) (including new balance transfers and cash advances)." © CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved SEE NEXT PAGE for more important information about your account. 10408870-MXC10-P-1-052417 (MXC101-E)  Effective Date: The information about the costs of the card described in this application is accurate as of: September 23, 2020. This information may have changed after that date. To find out what may have changed, contact the Credit Union. For California Borrowers, the Visa Share Secured, Visa Classic and Visa Student are secured credit cards. Credit extended under this credit card account is secured by various personal property and money including, but not limited to: (a) any goods you purchase with this account, (b) any shares you specifically pledge as collateral for this account on a separate Pledge of Shares, (c) all shares you have in any individual or joint account with the Credit Union excluding shares in an Individual Retirement Account or in any other account that would lose special tax treatment under state or federal law, and (d) collateral securing other loans you have with the Credit Union excluding dwellings. Notwithstanding the foregoing, you acknowledge and agree that during any periods when you are a covered borrower under the Military Lending Act your credit card will be secured by any specific Pledge of Shares you grant us but will not be secured by all shares you have in any individual or joint account with the Credit Union. For clarity, you will not be deemed a covered borrower if: (i) you establish your credit card account when you are not a covered borrower; or (ii) you cease to be a covered borrower. Other Fees & Disclosures: Late Payment Fee: $10.00 or the amount of the required minimum payment, whichever is less, if you are 10 or more days late in making a payment.   Cash Advance Fee (Finance Charge): $2.00.   Returned Payment Fee: $25.00 or the amount of the required minimum payment, whichever is less.   Returned Convenience Check Fee: $25.00 or the amount of the returned convenience check, whichever is less.   Card Replacement Fee: $25.00.   Document Copy Fee: $5.00.   Rush Fee: $50.00. Statement Copy Fee: $0.50 per page.   Visa Check Stop Payment Fee: $15.00.   LQANLINER. © CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved 10408870-MXC10-P-1-052417 (MXC101-E)