P .O. Box 1610Auburn, Alabama 36831(334) 844-4120(888) 899-2112Credit CardAgreementAUBURN UNIVERSITYFederal Credit Union
ANNUALPERCENTAGE RATEfor Purchases
ANNUALPERCENTAGE RATEfor Balance Transfers
ANNUALPERCENTAGE RATEfor Cash AdvancesHow To Avoid PayingInterest on Payments
Your due date is at least 25 daysafter the close of each billingcycle. We will not charge youinterest on purchases if you payyour   entire balance by the duedate each month.
For Credit Card TipsFrom the ConsumerFinancial ProtectionBureau
NONE$  5.00 or 2% of the amountadvanced$10.00Set-up AndMaintenance Fees
  Annual Fee  Cash Advance Fee  Replacement Card Fee
Transaction Fees
Penalty Fees  
Late Payment  Returned Payment FeeTo learn more about factors toconsider when applying for orusing a credit card, visit the website
of the Consumer FinancialProtection Bureau at:
http://www .consumerfinance.gov/
learnmore
FEESNONEup to $20.00$18.00
How We Will Calculate Your Balance: We use a method called �Average
Daily Balance (including new purchases)�.See your account agreement for more details.Billing Rights: Information on your rights to dispute transactions and howto exercise those rights is provided in your Account agreement.7.90%-15.00% when you
open an account based on yourcreditworthinesspurchase with the Card only if you have made a good faithattempt, but have been unable to obtain satisfaction fromthe plan merchant, and (a) your purchase was made inresponse to an advertisement we sent or participated insending you, or (b) your purchase cost more than $50and was made from a plan merchant in your state orwithin 100 miles of your home. Any other disputes youmust resolve directly with the plan merchant.21. Non Waiver of Rights: We can delay enforcing any of
rights under this Agreement without losing those rights.We can accept late payments or partial payments withoutlosing any of our rights under this Agreement.22. Effect of Agreement: This Agreement is the contract
which applies to all transactions on your account eventhough the sales, cash advance, credit or other slips yousign  or receive may contain different terms. We mayamend this Agreement from time to time by sending youthe advance written notice required by law. Your use ofthe Card thereafter will indicate your agreement to theamendments. To the extent the law permits and weindicate in our notice, amendment will apply to yourexisting account balance as well as to future transac-tions.23. Acceptance of Agreement: You understand that the
use of your Visa Card will constitute acknowledgment ofreceipt of these disclosures and acceptance of the termsand conditions contained in the Agreement.24. Security: To secure your account, you grant us a pur-chase money security interest under the Uniform Com-mercial Code in any goods you purchase through theaccount. If you default, we will have the right to recoverany of these goods which have not been paid for throughour application of your payments in the manner de-scribed herein.Pledge of Share Accounts: You pledge to us andgrant a security interest in all joint and individualaccounts you have with Auburn University FederalCredit Union now and in the future, except shares inIndividual Retirement Accounts and accounts wherethe pledge or transfer of which would cause the lossof a tax-exempt or tax-deferred status, to secure yourcredit card account. You authorize us to apply thebalance in these account(s) to pay any amount dueunder this Agreement if you should default.25. Governing Law: Except to the extent Federal law is
applicable, the validity, construction and enforcement ofthis Agreement and all matters arising out of issuanceand use of the Card shall be governed by the laws of theState of Alabama.  If any part of this Agreement shall beheld invalid or unenforceable, then this Agreement shallbe construed as if it did not contain those provisions andthe Credit Union�s rights and obligations shall be con-strued and enforced accordingly.26. Limitation on Lawsuits:  You agree that any lawsuit
based on any cause of action for which you may haveagainst us must be filed within one year from the date thatit arises or you will be barred from filing suit. This limitationis intended to include tort, contract, and all other causesof action for which you and we may lawfully contract setlimitations for bringing suit.27. Notice: You agree that the address in the Visa Cardapplication is the proper address for all notice(s) requiredby this Agreement and you further understand that any changes in this address must be submitted to us in writingto be effective.28. Notice Regarding Telephone Contact: You agree that
the Credit Union, its agents and other service companiesmay without the need to seek additional confirmationfrom you monitor, and/or record any telephone commu-nication with you to insure inquires from you are handledpromptly, courteously and accurately.YOUR BILLING RIGHTS � KEEP THIS NOTICE FORFUTURE USE
This notice contains important information about your rights andour responsibilities under the Fair Credit Billing ActNotify Us In Case of Errors or Questions About Your BillIf you think that your bill is wrong, or if you need more informationabout a transaction on your bill, write us on a separate sheet at theaddress listed on your bill. Write to us as soon as possible. We musthear from you no later than 60 days after we sent you the first bill onwhich the error or problem appeared. You can telephone us, butdoing so will not preserve your rights.In your letter give us the following information:Your name and account numberThe dollar amount of the suspected errorDescribe the error and explain, if you can, why you believethere is an error.  If you need more information, describe the itemyou are not sure about.If you have authorized us to pay your credit card bill automaticallyfrom your savings or shared draft account, you can stop thepayment on any amount you think is wrong. To stop the paymentyour letter must reach us three business days before the automaticpayment is scheduled to occur.Your Rights and Our ResponsibilitiesAfter We Receive Your Written NoticeWe must acknowledge your letter within 30 days, unless we havecorrected the error by then. Within 90 days, we must either correctthe error or explain why we believe the bill was correct.After we receive your letter, we cannot try to collect any amount youquestion, or report you as delinquent. We can continue to bill you forthe amount in question, including finance charges, and we canapply an unpaid amount against your credit limit. You do not haveto pay any questioned amount while we are investigating, but youare still obligated to pay the parts of your bill that are not in question.If we find that we made a mistake on your bill, you will not have topay any finance charges related to any questioned amount. If wedidn�t make a mistake, you may have to pay finance charges, andyou will have to make up any missed payments on the questionedamount. In either case, we will send you a statement of the amountyou owe and the date that it is due.If you fail to pay the amount that we think you owe, we may reportyou as delinquent. However, if our explanation does not satisfy youand you write us within ten (10) days telling us that you still refuseto pay, we must tell anyone we report you to that you have a questionabout your bill. We must tell anyone we report you to that the matterhas been unsettled between us when it finally is.If we don�t follow these rules, we can�t collect the first $50 of thequestioned amount, even if your bill was correct.
 � 2010 ConmarSystems, Peachtree City, GA  30269�CFS  18959 Rev. 6/15Special Rule For Credit Card Purchases.If you have a problem with the quality or property or services that youpurchased with a credit card, and you have tried in good faith tocorrect the problem with the merchant, you may have the right notto pay the remaining amount due on the property or service. Thereare two limitations on this right:(a)  You must have made the purchase in your home state or, if notwithin your home state, within 100 miles of your current mailingaddress; and(b)  The purchase price must have been more than $50These limitations do not apply if we own or operate the merchant,or if we mailed you the advertisement for the property or services.
7.90%-15.00% when you
open an account based on yourcreditworthiness
7.90%-15.00% when you
open an account based on yourcreditworthiness 2010 �ConmarSystems, Peachtree City, GA 30269 - CFS  18959 Rev. 6/15AUBURN UNIVERSITY FEDERAL CREDIT UNION VISA�
CREDIT CARD AGREEMENT AND TRUTH-IN LENDINGDISCLOSURE
In this Agreement, the words, you and your mean each and all ofthose who bind themselves to the Agreement. Card Means theVisa Credit Card and any duplicates and renewals the CreditUnion issues. Account means your Visa account with the CreditUnion. Credit Union means Auburn University Federal CreditUnion. This Agreement is a final expression of the terms andconditions of this VISA account between you and the Credit Unionand may not be contradicted by evidence of any alleged oralagreement.1. Responsibility: If we issue you a Card, you agree to
repay all debts and the FINANCE CHARGE arisingfrom the use of the Card and the card account and anyfees or charges associated with the card account. Forexample, you are responsible for charges made byyourself, your spouse and minor children. You are alsoresponsible for charges made by anyone else to whomyou give the Card, and this responsibility continues untilyou recover the Card, and all charges are paid. Youcannot disclaim responsibility by notifying us, but wewill close the account for new transactions if you sorequest and return all Cards. Your obligation to pay theaccount balance continues even though an agreement,divorce decree or other court judgment to which we arenot a party may direct you or one of the other personsresponsible to pay the account. Any person using theCard is jointly responsible with you for charges he orshe makes, but if that person signs the Card he or shebecomes party to this Agreement and is also jointlyresponsible for all charges on the account, includingyours.2. Joint Accounts: If this is a joint account each person
on the account will be individually and jointly respon-sible for paying all amounts owed under this Agree-ment. This means that the Credit Union can require anyone of you individually to repay the entire amount owed.Each of you authorizes the other(s) to make purchasesor cash advances individually. Any one of you mayterminate the Account and the termination will be effec-tive for all of you.3. Lost Card Notification: If you believe your Card or PIN
has been lost or stolen, you should immediately call800-991-4964 at any time. You agree to follow up yourcall by writing to us at: Credit Card Security, PO Box30035, Tampa. FL 33630.  We may charge a reason-able fee to replace your Card.4. Liability for Unauthorized Use of Credit Card: We
may hold you liable for the unauthorized use of yourcard. You will not be liable for unauthorized use thatoccurs after you notify us orally or in writing of the loss,theft, or possible unauthorized use of your card. If theunauthorized use occurred at an ATM, your liability willnot exceed $50.00.5. Credit Line: If we approve your application, we willestablish a self-replenishing Line of Credit for you andnotify you of its amount when we issue the Card. Youagree not to let the account balance exceed this ap-proved Credit Line. Each payment you make on theaccount will restore your Credit Line by the amount ofthe payment which is applied to principal. You mayrequest an increase in your Credit Line by contacting ourCredit Department and complying with any request requiredto update your application, which must be approved by ourcredit committee or loan officer. By giving you written notice,we may reduce your Credit Line from time to time, or withgood cause, revoke your Card and terminate this Agree-ment. Good cause includes your failure to comply with thisAgreement or our adverse re-evaluation of your credit-worthiness. You may also terminate this Agreement at anytime, but termination by either or us does not affect yourobligation to pay the account balance. The cards remain ourproperty and you must recover and surrender to us all cardsupon our request and upon termination of this Agreement.6. Credit Information: You authorize us to investigate your
credit standing when opening, renewing or reviewing youraccount, and you authorize us to disclose informationregarding your account to credit bureaus and other creditorswho inquire of us about your credit standing, to the extentauthorized by our By-laws.7. Monthly Payment: We will mail a statement every month
showing your Previous Balance of purchases and cashadvances on your account, the remaining credit availableunder your Credit Line, the New Balance of purchases andcash advances, the Total New Balances, the FINANCECHARGE due as of the statement date, any other billedfees, and the Minimum Payment required. Every month youmust pay at least the minimum payment shown on yourstatement by the payment due date. By separate agree-ment, you may authorize us to charge the minimum pay-ment automatically to your share or draft account with us.You may of course, pay more frequently, pay more than theMinimum Payment, or pay the Total New Balance in full, andyou will reduce the FINANCE CHARGE by doing so. How-ever, if a balance remains owing, you must always pay atleast the minimum payment each month. The MinimumPayment will be either (a) 2% of that portion of the newbalance which does not exceed your credit limit plus theentire portion of the new balance in excess of your creditlimit, plus any amount past due, or $20.00, whichever isgreater, or (b) your Total New Balance if it is less than$20.00. In addition, at any time your Total New Balanceexceeds your Credit Line, you must immediately pay theexcess upon our demand. Payments are applied in thefollowing order: (1) finance charge; (2) miscellaneous fees;(3) principal. Merchant credits are applied in the followingorder: (1) principal; (2) miscellaneous fees; (3) cash ad-vance fees; (4) late fees; (5) interest due [finance charges].When payments are made, the principal is reduced asfollows: (1) purchase balance as of the last statement; (2)cash advance balance as of the last statement; (3) pur-chases this cycle; (4) cash advances this cycle.8. Annual Percentage Rate: At the date these disclosures
are made to you, your account will be subject to a monthlyperiodic rate of 0.6583%-1.25% which corresponds to anANNUAL PERCENTAGE RATE of 7.90%-15.00%. Thisrate applies to Visa Classic and Visa Gold accounts.9. Finance Charges for Purchases: You can avoid FINANCE
CHARGES on purchases by paying the full amount of theNew Balances of Purchases each month within 25-days ofyour statement closing date. Otherwise, the New Balance ofPurchases, from the date they are posted to your account,will be subject to FINANCE CHARGES. The principal bal-ances of purchases are determined each day during thestatement period, beginning with the principal portion ofyour Previous Balances, reduced by payments you makeand credits we apply and increased by purchases you makeand the debit adjustments we make during the statementperiod. The Daily principal balances are totaled and dividedby the number of days in the statement period, to producethe average daily principal balances for purchase to whichthe daily rate is then applied.
10. Finance Charges for Cash Advances: You will pay inter-
est on each cash advance from the day we charge it againstyour account. Interest is imposed on the average dailybalance of cash advance and will continue to accrue on theunpaid average daily balance from the date made or fromthe first day of the billing cycle in which cash advance isposted to your account, whichever is later, and will continueto accrue until the date of payment. The FINANCE CHARGEfor a billing cycle is computed by applying the monthlyperiodic rate to the average daily balance of Cash Ad-vances, which is determined by dividing the sum of the dailybalances during the billing cycle by the number of days in thecycle. Each daily balance of Cash Advances is determinedby adding to the outstanding unpaid balance of CashAdvances at the beginning of the billing cycle any new CashAdvances received and subtracting any payments as re-ceived or credits posted to your account, but excluding anyunpaid FINANCE CHARGES.11. Transaction Finance Charge: The transaction finance
charge is a one-time charge made each time a new cashadvance is posted to your account. The charge for eachcash advance obtained through any ATM is $5.00. thecharge for each cash advance obtained through any othersource is 2% of the amount of the advance, but in no eventless than $5.00. Since Transaction Finance Charges areone-time charges that must be reflected in calculating theAnnual Percentage Rate disclosure, the actual AnnualPercentage Rate shown on your periodic statement mayexceed the corresponding Annual Percentage Rate (whichis based on the periodic finance charge) in any month forwhich a new cash advance is posted to your account.12. Fees:a. Replacement card fee � we reserve the right tocharge you $10.00 to replace a card.b. NSF checks � we charge $18.00 for receipt of anon-sufficient funds check.
13. Late Charges: If we do not receive at least your minimum
required payment within ten (10) days after the closing datesubsequent to the payment due date indicated on yourbilling statement, we will charge  you a fee up to $20.00 for        each late payment.14. Default: You will be in default if you fail to make anyMinimum Payment by the payment due date. You will alsobe in default if your ability to repay us is materially reducedby a change in your employment, an increase in yourobligations, bankruptcy or insolvency proceedings againstyou or your spouse, your death or your failure to abide bythis agreement or if the value of any security interest youhave given us materially declines, there is an attachment,execution or levy against your property or you make anassignment for the benefit of creditors, a guardian, conser-vator, receiver, custodian or trustee has been appointed foryou, you are generally not paying your debts as they comedue, you fail to pay any other loan with us or you have madeany false or misleading statement on the application forVISA. If you are in default, we may, without notifying you,temporarily suspend your account, close your account,cancel all credit cards and we have the right to demandimmediate payment of your full account balance.15. Collection Costs:  The Credit Union may file suit to collect
what you owe. If the Credit Union incurs any expenses intaking action or in protecting its rights, you agree to pay allcosts of collecting the amount owed under this Agreementincluding reasonable attorneys� fees not in excess of fifteenpercent (15%) of the unpaid debt if the amount financedhereunder exceeds $300.00 and the debt is referred forcollection to an attorney who is not our employee.16. Using the Card: To make a purchase or cash advance, you
may present the Card to a participating Visa Card planmerchant, to us or to another financial institution and signthe sales or cash advance draft which will be imprinted withyour Card. You will receive a copy of the draft, which youshould retain to verify your monthly statement. You can useyour card to obtain cash advances up to $360.00 per dayfrom any authorized Auburn University Federal Credit UnionAutomated Teller Machine (ATM).17. Legal Transactions: You may use your Auburn University
Federal Credit Union Visa Card to conduct any transactionor obtain any Credit Union service permitted by law. Youagree that the use of the Card to obtain a service or effecta transaction that is illegal under the law of any jurisdictionwhere originated, effected or accomplished will be a defaultand breach of this Agreement. We may terminate theaccess to the service or withdraw the right to use the Cardand/or demand the return of all Visa card or access devicesissued to you. If illegal use of your Card occurs, you waivethe right to sue Auburn University Federal Credit Union andagree to indemnify and hold us harmless from any suits orother legal action or liability which may be asserted, directlyor indirectly, against Auburn University Federal Credit Unionarising out of or resulting from the illegal use of the VisaCard.18. 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 willpost to your account. If your credits and payments exceedwhat your owe us, we will hold and apply this credit balanceagainst future purchases and cash advances, or if it is $1 ormore, refund it on your written request or automatically after6 months.19. Foreign Transactions: Purchases and cash advances
made in foreign countries and foreign currencies will bebilled to you in U.S. dollars. The conversion rate to dollarswill be determined in accordance with the operating regula-tions established by VISA International. Currently the con-version rate used to determine the transaction amount inU.S. dollars is generally either a government-mandated rateor the wholesale rate in effect the day before the transactionprocessing date, increased by 1%. The currency conver-sion rate used on the processing date may differ from therate that would have been used on the purchase date orcardholder statement posting date.20. Plan Merchant Disputes: We are not responsible for the
refusal of any plan merchant or financial institution to honoryour card. We are subject to claims and defenses (otherthan tort claims) arising out of goods and services your