F03-L435-7 
SFNB-450 

CARD MEMBERSHIP RULES 
Amended May 10, 2011 

   The words “I”, “we”, “me”, “my” and “us” will mean each and all persons making application for membership in the credit card system operated by the Bank or persons 
named as members on the front of the Card.  “Card” means Visa Classic, Visa Gold or MasterCard credit card owned and issued by the Bank.  “Bank” means Simmons 
First National Bank, Pine Bluff, Arkansas, U.S.A. 
Follow the Rules - 
    I agree to accept and comply with these membership rules. If I fail to follow the membership rules, the Bank can cancel my membership and may demand immediate 
payment of all amounts I owe. The Bank may amend the rules from time to time.  If the amendment is a significant change in account terms, I will be given an opportunity 
to opt-out of the proposed amendment in accordance with applicable law and regulations. In the event of an amendment to the rules, I agree to accept and comply with 
the amended rules, unless a right to opt out is granted and I timely exercise such right to opt out of the proposed amendment to the rules. 
Annual Fee –  
   None.  
Verification of Identity, Age and Creditworthiness-  
     I agree that the Bank may, and acknowledge that the Bank will, request information from me and from third parties to verify my identity and the identity of any other 
persons authorized to use my Card.  Further, I agree that the Bank may obtain consumer reports about me to determine my identity, age, eligibility for credit, renewal of 
credit  and  future  extensions  of  credit  for  as  long  as  this  Card  membership  exists.  I  understand  and  acknowledge  that  if  I  am  under  the  age  of  21  certain  additional 
conditions and terms may be applicable to my card account as required by applicable law and regulations. I agree that I must maintain satisfactory creditworthiness to 
continue this Card membership and any determination by the Bank of unsatisfactory credit or filing of bankruptcy is grounds for termination of this Card membership.        
Card Usage - 
    I understand that my Card can be used at designated locations throughout the world to purchase goods and services, to obtain cash advances and to transfer funds 
between accounts I designate.  The Bank is not responsible for the refusal of anyone to honor my Card.  Paper transactions or electronic transactions will not be final until 
they are received by the Bank.  Transactions are governed by the laws of Arkansas and the laws of the United States of America.  From time to time the operation of cards 
issued by the Bank may be suspended in specified foreign countries or specific regions thereof, due to ongoing fraudulent activities involving credit cards.  Due to the 
nature of such fraudulent activities, the Bank is unable to provide advance notice or the duration of any such suspension.    If I use my Card in a check guarantee system, I 
agree to allow the check to be handled as a credit card cash advance if the check is not paid. I agree not to use my Card for any type of Internet gambling transaction.  
Further,  I  agree  not  to  use  my  Card  for  any  unlawful  transaction  and  acknowledge  that  the  Bank  may  refuse  to  honor  any  transaction  determined  to  be  unlawful.  
Restricted transactions, involving the acceptance of any credit, funds, instrument, or other proceeds from another person in connection with unlawful Internet gambling, 
are prohibited from being processed through my Card account.  I acknowledge my responsibility to pay for goods and services obtained through the use of my Card, even 
if such good or services were obtained in an unlawful transaction.  
Responsibility for Card Use - 
    I understand that I am responsible for the use of all Cards issued for use with my membership.  I will not allow unauthorized persons to use my Card. 
Notification - 
    For my own protection and for the protection of the Bank, I agree to promptly notify the Bank if I discover my Card has been lost or stolen, or if I suspect the Card has 
been used without my authorization. 
Card Ownership -  
    I understand as a member and Cardholder that I do not own my Card.  When requested to do so I will surrender my Card to the Bank or to a person designated by the 
Bank.  I understand that any or all privileges to use my Card may be modified or canceled by the Bank at any time without notice to me. 
Promise to Pay -  
     I promise to pay to the order of Simmons First National Bank all transactions in which I have used Bank funds as a result of the use of my Card.  If the funds involve 
cash advances or extended payment privileges, I also agree to pay the transaction fees and finance charge as described below. 
     I must pay all bills or invoices, including the minimum payment shown on my monthly statement on time (on or before payment due date) and in U.S. Dollars.  The Bank 
does not waive its right to collect the full amount due if I pay late or I pay part of the bill, even if I write the words “paid in full” (or similar words) on any correspondence to 
the Bank. 
Available Credit Limit -  
    The  Bank  will  supply  a  monthly  statement  listing  the  amount  and  location  of  all  transactions  posted  prior  to  the  closing  date  of  the  statement.    I  agree  to  limit  my 
transactions  so  that  my  balance  will  stay  within  the  available  credit  limit  approved  for  me  by  the  Bank  and  listed  on  the  statement.    The  Bank  may  refuse  to  honor 
transactions that would cause my account balance to exceed my available credit limit.  My available credit limit will be restored to reflect a payment after the Bank receives 
final  payment  on  my  check  or  other  payment  method.    The  Bank  may  increase  or  decrease  my  available  credit  limit  or  my  available  cash  advance  credit  limit  without 
notice.  The Bank will not increase my available credit limit without considering my ability to make the required payments on my Card account. The credit available for my 
use may, from time to time, be less than my available credit limit.  My available credit limit will not be increased by the amount of any credit balance. 
    If I am under the age of 21, any increase in the credit limit on my Card account must be approved in writing and joint liability for such increase assumed by all 
guarantors, co-signers or joint applicants who have assumed secondary or joint liability on my Card account.  
Billing –  
     If there is a debit or credit balance of $1.00 or more on my account, the Bank will mail or deliver a monthly statement to me not less than 21 days prior to the payment 
due date specified in the statement.  I am responsible for maintaining my current mailing address on file with the Bank. The Bank may consider me to have received any 
notice mailed to me at the current address on the Bank's records. 
Billing Errors –  
     Transactions listed on my statement will be presumed correct unless I notify the Bank of an error in writing within 60 days of my statement mailing date.  (NOTICE:  The 
procedures for notifying us of errors on your monthly statement were disclosed upon the opening of your account and at least annually thereafter.  The mailing address to 
notify us of a billing error is set forth on your monthly statement.)    
Posting Transactions; New Balance - 
    Debit transactions from purchases, cash advances, convenience checks and balance transfers are posted the day they are received. Debit transactions from purchases 
are aggregated into my Purchases Balance. Debit transactions from cash advances and convenience checks are aggregated into my Disbursed Cash Balance.   Debit 
transactions from balance transfers are aggregated into my Transferred Balance.  Applicable finance charges will be added to and included in my Purchases Balance, my 
Disbursed Cash Balance and my Transferred Balance on the last day of the statement cycle.  My account balance is the sum of my Purchases Balance, my Disbursed 
Cash Balance and my Transferred Balance, which at the end of each statement cycle is shown as my "New Balance".  
Full Payment Option -  
    Each month I have the option of paying the “New Balance” in full within 25 days of the cycle closing date.  Payment in full (received within 25 days) avoids additional 
finance charges on the Purchases Balance included in the "New Balance" as well as new purchases (but not on cash advances, convenience checks or balance transfers) 
made during the next statement cycle.  
Partial Payment Option -  
     Each month I have the option of paying part of my account balance as long as my payment is at least equal to the minimum payment shown on the statement.  The 
minimum payment will be the greater of (i) 1% of the New Balance plus all finance charges and late fees assessed during the billing cycle plus any past due amounts, or 
(ii) $10.00.  I will pay the total New Balance if it is less than $10.00. 
     If the Bank has not received a minimum payment by payment due date (or the end of the next business day if the payment due date is on a Saturday, Sunday or bank 
holiday), I will pay a late charge in an amount equal to my past due payment or $25.00, whichever is less.  

Crediting of Payments- 

 
 
 
 
 
                 
 
 
   An amount equal to the minimum payment from the initial payment during any statement cycle will be applied first to my Purchases Balance, then to my Disbursed Cash 
Balance  and  finally  to  my  Transferred  Balance.      All  additional  payments  received  during  the  same  statement  cycle  will  be  applied  to  the  balances  based  upon  the 
applicable interest rate on that balance, starting with the balances with the highest interest rates. Any part of a payment complying with the payment instructions on the 
periodic statement and received within 25 days of the cycle closing date which is credited to my Purchases Balance will be credited as of the beginning of the statement 
cycle in which received. Any part of a payment that is credited to my Disbursed Cash Balance, my Transferred Balance or all of any Payment which is received more than 
25 days after the cycle closing date will be credited as of the day received, if received before 5 p.m. CT by the Bank, otherwise on the next banking day, provided that any 
payment paid in person at a branch of the Bank shall be credited not later than the day received. Payments received and accepted by the Bank which do not comply with 
the payment instructions on the periodic statement may result in a delay in crediting the payment to my account.   
Electronic Transfer Authority- 
     Anytime I send the Bank a check for payment on my account, I authorize the Bank to make a one-time electronic transfer debit from my bank account for the amount of 
the check. 
Finance Charge -  
     Finance Charge on cash advances and convenience checks will accrue from the date of the transaction and continue until the Disbursed Cash Balance is paid in full.  
Finance Charge on balance transfers will accrue from the date of the transaction and continue until the Transferred Balance is paid in full.  Finance charge on purchases 
will  accrue  from  the  date  of  the  transaction  if  there  was  a  "New  Balance"  at  the  start  of  the  current  statement  cycle,  or  from  the  first  day  of  the  statement  cycle  next 
following the date of the transaction if there was not a "New Balance" at the start of the current statement cycle.  
     Date of transaction will be the latter of the transaction date or the first date of the statement cycle in which the transaction is posted. 
     A Finance Charge will not be imposed on (i) the Purchases Balance included within the "New Balance", if payment in full of the “New Balance” is received within 25 
days of the prior statement cycle closing date or (ii) that part of the Purchases Balance equal to the amount of any payment received within 25 days of the prior statement 
cycle closing date and credited to the Purchases Balance in accordance with these rules.  
Interest Rates –  
     Finance  charge  on  the  Purchases  Balance  and  the  Transferred  Balance  where  applicable  is  computed  by  applying  to  my  average  daily  balance  for  the  Purchases 
Balance and the Transferred Balance, including unpaid finance charges (as indicated on my monthly statement) a daily periodic rate equal to the Prime Rate plus 7.00% 
divided by the number of days in the year. The Prime Rate is the prime rate published in the Money Rates column of The Wall Street Journal in effect for the second 
business day prior to the beginning of each statement cycle. If The Wall Street Journal ceases publication or to publish the Prime Rate as now shown in its Money Rates 
column, the Bank may use the prevalent prime rate in the United States as published in any other newspaper of general circulation, or the Bank may substitute a similar 
reference rate at its sole discretion. The finance charge for the Disbursed Cash Balance is computed by applying to my average daily Disbursed Cash Balance including 
unpaid finance charges (as indicated on the monthly statement) a daily periodic rate equal to the Prime Rate plus 11.00% divided by the number of days in the year. If a 
transaction fee is applied, the annual percentage rate (APR) may be higher than the periodic rate disclosed above. The maximum interest rate applicable to my Card is 
governed by the laws of the United States of America and the State of Arkansas. 
Other Charges and Collection Fees -  
     Transaction fees for cash advances (including advances in foreign currencies) and convenience checks will be 3% of the amount of the cash advance or check amount 
(but not less than $4.00 nor more than $50.00).  If I request a photocopy or the original ticket of an item appearing on my monthly statement, I will pay the Bank the fee 
assessed to them by Visa U.S.A., Inc. or MasterCard International for this service.  I agree to reimburse the Bank any and all amounts which it pays to any owner/operator 
of an automated teller machine (ATM) or any national, regional or local ATM network used to complete any transaction for my use of my Card at an ATM not located at an 
office or branch of the Bank. I will pay a $12.00 service charge per payment, if I utilize a service representative of the Bank to obtain expedited service for any payment.  If 
I request express delivery of my Card(s) I will pay an express delivery fee equal to the actual costs incurred by the Bank in making the express delivery.  If I make my 
payment with a check or other negotiable instrument and it is returned to the Bank unpaid, I will pay a Return Check Charge of up to $25.00.  I will not be charged two or 
more penalty fees for a single event or transaction.  If more than one fee may be applicable due to a single event or transaction, the Bank may impose the highest 
permissible fee.  If my account is placed with an attorney or another agency for collection, I will also pay attorney fees, court costs, witness costs (including transportation 
and lodging) and any other fees as allowed by law. 
Foreign Currency Transaction Fee (Visa Only) -  
     If I make any purchases in foreign currencies, the Bank and/or Visa U.S.A. will convert the foreign currencies into U.S. Dollars.  Visa will use their applicable currency 
conversion  procedures.    Currently,  the  conversion  procedures  utilize  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 rate in effect for the applicable central processing 
date, in each instance, plus or minus any adjustment determined by the Bank.  I agree to pay the Bank the sum in U.S. Dollars as converted by Visa, plus an additional 2% 
of the converted amount attributable to purchases (but not cash advances).  The currency conversion rate used on the conversion date may differ from the rate in effect on 
the date I used my Card.       
Foreign Currency Transaction Fee (MasterCard Only) -  
     If  I  make  any  purchases  with  my  MasterCard  Card  in  a  currency  other  than  U.S.  Dollars,  MasterCard  International,  Inc.  will  convert  the  currency  into  a  U.S.  Dollar 
amount.    MasterCard  International,  Inc.  will  use  its  currency  conversion  procedure,  which  is  disclosed  to  all  institutions  that  issue  MasterCard  cards.    Currently,  the 
currency  conversion  rate  used  by  MasterCard  International  to  determine  the  transaction  amount  in  U.S.  Dollars  for  such  transactions  is  generally  either  a  government 
mandated rate or a wholesale rate determined by MasterCard International for the processing cycle in which the transaction is processed, increased by an adjustment 
factor established from time to time by MasterCard International.  I agree to pay the Bank the sum in U.S. Dollars as converted by MasterCard, plus an additional 2% of 
the converted amount attributable to purchases (but not cash advances).  The currency conversion rate used on the conversion date may differ from the rate in effect on 
the date I used my Card.   
Closing Account- 
    In the event I close my account, I agree to notify the Bank in writing and return my Card(s) cut in half.  If I close my account, I remain responsible to pay all amounts I 
owe to Bank according to the terms of these card membership rules.  If my account is a joint account, either cardholders may cancel the account, but we will both remain 
responsible for any amount owed to the bank. 
Amendments –  
     These rules (including, but not limited to rates and fees) may be amended by Bank from time to time.  I will be notified of any amendment to the rules not later than the 
date of my next monthly statement, unless sooner required by applicable law or regulation.  In addition, if the amendment is a significant change in account terms, I will be 
given an opportunity to opt-out of the proposed amendment in accordance with applicable law and regulations.  
      If  the  Bank  amends  the  interest  rate  specified  in  the  rules  while  my  account  has  a  promotional  interest  rate,  the  amendment  will  not  affect  my  account  until  my 
promotional interest rate expires. 

 
 
 
 
 
F03-L443-4 
SFNB-450             

Annual 
Percentage Rate 
(APR) for 
Purchases 

APR for Balance 
Transfers 

APR for Cash 
Advances and 
Convenience 
Checks 
Paying Interest 

ACCOUNT OPENING DISCLOSURES 
INTEREST RATES AND INTEREST CHARGES 

10.25% Variable APR 

This APR will vary with the market based on the Prime Rate. 

10.25% Variable APR 

This APR will vary with the market based on the Prime Rate. 

14.25% Variable APR 

This APR will vary with the market based on the Prime Rate. 

Your due date is 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. We will begin charging interest on cash 
advances and balance transfers on the transaction date. 

For Credit Card Tips 
from the Federal 
Reserve Board 

To learn more about factors to consider when applying for or using a 
credit card, visit the website of the Federal Reserve Board at 
http://www.federalreserve.qov/creditcard.  

FEES 

Annual Fee 

None 

Transaction Fees 

Balance Transfer 

None 

Cash Advance and 
Convenience Checks 

3% of the amount of each cash advance, but not less than $4.00 
nor more than $50.00. 

  Foreign Purchase 
Transaction 

Penalty Fees 

  Late Payment 

  Returned 

Payment 

2% of each purchase transaction in US dollars. 

An amount equal to past due payment or $25.00, whichever is less.  

Up to $25 

How  We  Will  Calculate  Your  Balance:  We  use  a  method  called  "average  daily  balance  (including 
current  transactions)."  For  further  details,  please  see  Additional  Disclosures,  below  or  the  Card 
Membership Rules that will be provided to you before you can begin using your new card. 

Billing  Rights:  Information  on  your  rights  to  dispute  transactions  and  how  to  exercise  those  rights  is 
provided in the Card Membership Rules that will be provided to you before you can begin using your new 
card. 

05/11 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
F03-L443-4 
SFNB-450             

1. 

2. 

3. 

ADDITIONAL DISCLOSURES 

Finance Charges start to accrue on cash advances, convenience checks and balance transfers of the 
date  the  item  is  posted  to  your  account.  Finance  charges  for  purchases  generally  will  start  to 
accrue from the date the item is posted to your account, however, no finance charges will accrue 
on new purchases if the entire balance in your account is paid by the due date each month. 

We figure the interest charge on your account by applying the periodic rate to the "average daily 
balance" of your account. To get the "average daily balance" we take the beginning balance of your 
account  each  day,  add  any  new  purchases,  advances  or  fees,  and  subtract  any  payments  or 
credits. This gives us the daily balance. Then, we add up all the daily balances for the billing cycle 
and  divide  the  total  by  the  number  of  days  in  the  billing  cycle.  This  gives  us  the  "average  daily 
balance."  

Your  account  has  a  variable  rate  indexed  on  the  Prime  Rate.  The  rate  on  your  account  for 
purchases  and  balance  transfers  is  the  Prime  Rate  plus  4.00%  per  annum.  The  rate  on  your 
account for cash advances and convenience checks is the Prime Rate plus 8.00% per annum. Your 
rate  will  increase  if  the  Prime  Rate  increases,  but  will  only  change  one  time  per  statement  cycle.  
Changes in APRs (increases or decreases) due to changes in the Prime Rate will be effective on the 
first  day  of  your  next  statement  cycle  beginning  at  least  two  days  after  the  change  in  the  Prime 
Rate.  The  Prime  Rate  is  the  prime  rate  published  in  the  Money  Rates  column  of  The  Wall  Street 
Journal  in  effect  for  the  second  business  day  prior  to  the  beginning  of  each  statement  cycle.   
Variable rate APRs are based upon the 3.25% Prime Rate in effect on August 13, 2010. 

The information about the costs of the card(s) is accurate as of June 1, 2011.  This information may have 
changed after that date.  To find out what may have changed, write to us at Bank Card Center, P.O. Box 
6609, Pine Bluff, Arkansas 71611. 

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