regulations  regarding  repayment  requirements.  The  card  or 
cards you receive remain the property of SEFCU and you must 
recover  and  surrender  to  SEFCU  all  cards  upon  request  or 
upon termination of this Agreement whether by you or SEFCU. 

Residents  of  all  other  states.  Either  you  or  SEFCU  may 
terminate this Agreement at any time. SEFCU may terminate 
this  Agreement  upon  reevaluation  of  your  creditworthiness, 
upon  failure  to  satisfy  the  terms  of  this  Agreement,  or  by 
our option with good cause, as permitted by law.  You may 
terminate  this  Agreement  at  any  time  by  giving  us  written 
notice  at  our  address  listed  on  this  Agreement.  However, 
termination by you or SEFCU will not affect your obligation to 
pay the account balance plus any finance and other charges 
you  owe  under  this  Agreement.  Your  obligation  to  pay  the 
account balance plus any finance and other charges you owe 
under  this  Agreement  are  subject  to  all  applicable  laws  and 
regulations  regarding  repayment  requirements.  The  card  or 
cards you receive remain the property of SEFCU and you must 
recover  and  surrender  to  SEFCU  all  cards  upon  request  or 
upon termination of this Agreement whether by you or SEFCU.

14. AUTHORIZED USERS — Upon your request, we may issue 
additional cards for authorized users that you designate. You
must notify us in writing of any termination of an authorized
user’s right to access your account. Your notice must include
the  name  of  the  authorized  user  and  your  account  number
and/or any subaccount number issued to the authorized user
along  with  the  authorized  user’s  card  and  any  convenience
checks  issued  to  the  authorized  user.  If  you  cannot  return
the authorized user’s card or convenience checks and if you
request your account to be closed, we will close your account
and you may apply for a new account. Alternatively, we may,
at our sole discretion, issue you a new account number and
a new card.

15. CREDIT  REPORTS  —  You  authorize  SEFCU  to  obtain
credit  reports  and  any  other  information  we  may  need  to
verify your identity and use of the account when opening your
account  and  for  any  update,  increase,  renewal,  extension,
collection  or  review  of  your  account.  You  authorize  SEFCU
to  disclose  information  regarding  your  account  to  credit
bureaus,  merchants  and  creditors  who  inquire  about  your
credit standing.

16. JOINT  ACCOUNTS  —  If  this  is  a  joint  account,  each  of
you  will  be  individually  and  jointly  responsible  for  paying
all  amounts  owed  under  this  Agreement.  This  means  that
SEFCU  can  require  any  one  of  you  individually  to  repay  the
entire  amount  owed  under  this  Agreement.  Each  of  you
authorizes the other(s) to make transactions on the account
individually. Any one of you may terminate the account and
the termination will be effective as to all of you.

17. 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.

18. SEVERABILITY  AND  FINAL  EXPRESSION  —  This
Agreement is the final expression of the terms and conditions
of  your  account.  This  written  Agreement  may  not  be
contradicted  by  evidence  of  any  alleged  verbal  Agreement.
Should any part of this Agreement be found to be invalid or
unenforceable, all other parts of this Agreement shall remain
in  effect  and  fully  enforceable  to  the  fullest  extent  possible
under this Agreement.

19. ILLEGAL TRANSACTIONS PROHIBITED — You agree that
you will not use your card for any transaction, including any
type of electronic gambling transaction through the Internet,
that is illegal under applicable federal, state, or local law.

Even if you use your card for an illegal transaction, you will be 
responsible for all amounts and charges incurred in connection 
with the transaction. This paragraph shall not be interpreted as 
permitting or authorizing any transaction that is illegal.

20. APPLICABLE LAW — The terms and enforcement of this
Agreement  shall  be  governed  by  federal  law  and  the  law  of
New York.

21. ENFORCING  THIS  AGREEMENT  —  We  can  delay  in
enforcing  or  fail  to  enforce  any  of  our  rights  under  this
Agreement without losing them.

22. COLLECTION  COSTS  —  If  we  refer  collection  of  your
account  to  a  lawyer  who  is  not  our  salaried  employee,  you
are liable for any reasonable attorney’s fees we incur, plus the
costs and expenses of any legal action, as further disclosed
on this Agreement, or to the extent allowed by law.

23. ASSIGNMENT — We may assign any or all of our rights
and obligations under this Agreement to a third party.

24. CALIFORNIA  RESIDENTS  —  A  married  applicant  may
apply for a separate account. Applicants: 1) may, after credit
approval,  use  the  credit  card  account  up  to  its  credit  limit;
2) may be liable for amounts extended under the plan to any
joint  applicant.  As  required  by  law,  you  are  hereby  notified
that a negative credit report reflecting on your credit record
may be submitted to a credit reporting agency if you fail to
fulfill the terms of your credit obligations.

25. FLORIDA  RESIDENTS  —  You  (borrower)  agree  that,
should we obtain a judgment against you, a portion of your
disposable earnings may be attached or garnished (paid to us 
by your employer), as provided by Florida and Federal law.

26. MISSOURI  RESIDENTS  —  Verbal  Agreements  or
commitments  to  loan  money,  extend  credit  or  to  forbear
from  enforcing  repayment  of  a  debt  including  promises  to
extend or renew such debt are not enforceable. To protect

you (borrower(s)) and us (creditor) from misunderstanding 
or disappointment, any Agreements we reach covering such 
matters are contained in this writing, which is the complete 
and  exclusive  statement  of  the  Agreement  between  us, 
except as we may later agree in writing to modify it.

27. MARYLAND  RESIDENTS  —  To  the  extent,  if  any,  that
Maryland law applies to your account, we elect to offer your
card account pursuant to Title 12, Subtitle 9 of the Maryland
Commercial Law Article.

28. NEW  YORK  RESIDENTS  —  We  may  obtain  a  credit
report  in  connection  with  this  account,  including  for  any
review,  modification,  renewal  or  collections  associated
with this account. Upon your request, you will be informed
whether  such  report  was  requested  and,  if  so,  the  name
and  address  of  the  consumer  reporting  agency  furnishing
the  report.  New  York  residents  may  contact  the  New  York
State Department of Financial Services at (800) 342-3736 or
www.dfs.ny.gov to obtain a comparative listing of credit card
rates, fees and grace periods.

29. OHIO RESIDENTS — The Ohio laws against discrimination 
require that all creditors make credit equally available to all
creditworthy  customers  and  that  credit  reporting  agencies
maintain  separate  credit  histories  on  each  individual  upon
request.  The  Ohio  Civil  Rights  Commission  administers
compliance with this law.

30. SOUTH  DAKOTA  RESIDENTS  —  If  you  believe  there
have  been  any  improprieties  in  making  this  loan  or  in  the
lender’s  loan  practices,  you  may  contact  the  South  Dakota
Division of Banking at 1601 N. Harrison Ave, Suite 1, Pierre,
SD 57501, or by phone at (605) 773-3421.

31. WISCONSIN  RESIDENTS  —  If  you  are  married,  please
contact  us  immediately  upon  receipt  of  this  Agreement  at
the address or phone number listed on this Agreement and
provide us with the name and address of your spouse. We
are required to inform your spouse that we have opened an
account for you.

32. NOTICE  TO  UTAH  BORROWERS  —  This  written
Agreement  is  a  final  expression  of  the  Agreement  between
you  and  SEFCU.  This  written  Agreement  may  not  be
contradicted  by  evidence  of  any  verbal  Agreement.  As
required by law, you are hereby notified that a negative credit
report reflecting on your credit record may be submitted to a
credit reporting agency if you fail to fulfill the terms of your
credit obligations.

33. THE  FOLLOWING  IS  REQUIRED  BY  VERMONT  LAW  —
NOTICE TO CO-SIGNER — YOUR SIGNATURE ON THIS NOTE
MEANS THAT YOU ARE EQUALLY LIABLE FOR REPAYMENT
OF  THIS  LOAN.  IF  THE  BORROWER  DOES  NOT  PAY,  THE
LENDER HAS A LEGAL RIGHT TO COLLECT FROM YOU.

MASTERCARD IS A REGISTERED TRADEMARK,  
AND THE CIRCLES DESIGN IS A TRADEMARK OF 
MASTERCARD INTERNATIONAL INCORPORATED.

Your Billing Rights: Keep this Document for Future Use

This notice tells you about your rights and our 
responsibilities under the Fair Credit Billing Act.

What To Do If You Find A Mistake On Your Statement
If you think there is an error on your statement, write to us at:
Customer Service 
PO Box 31535 
Tampa, FL 33631
In your letter, give us the following information:

- Account information: Your name and account number.
-  Dollar  amount:  The  dollar  amount  of  the  suspected

error.

-  Description of problem: If you think there is an error on
your  bill,  describe  what  you  believe  is  wrong  and  why
you believe it is a mistake.

You must contact us:

-  Within  60  days  after  the  error  appeared  on  your

statement.

-  At  least  three  business  days  before  an  automated
payment  is  scheduled,  if  you  want  to  stop  payment  on
the amount you think is wrong.

You  must  notify  us  of  any  potential  errors  in  writing.  You 
may call us, but if you do we are not required to investigate 
any potential errors and you may have to pay the amount in 
question.

What Will Happen After We Receive Your Letter
When we receive your letter, we must do two things:

1.  Within 30 days of receiving your letter, we must tell you
that we received your letter. We will also tell you if we
have already corrected the error.

2.  Within 90 days of receiving your letter, we must either
correct the error or explain to you why we believe the
bill is correct.

While we investigate whether or not there has been an error:
-  We  cannot  try  to  collect  the  amount  in  question,  or

report you as delinquent on that amount.

-  The charge in question may remain on your statement,
and  we  may  continue  to  charge  you  interest  on  that
amount.

-  While  you  do  not  have  to  pay  the  amount  in  question,
you are responsible for the remainder of your balance.
-  We  can  apply  any  unpaid  amount  against  your  credit

limit.

-  If  we  made  a  mistake:  You  will  not  have  to  pay  the
amount in question or any interest or other fees related
to that amount.

-  If we do not believe there was a mistake: You will have
to  pay  the  amount  in  question,  along  with  applicable
interest  and  fees.  We  will  send  you  a  statement  of  the
amount you owe and the date payment is due. We may
then  report  you  as  delinquent  if  you  do  not  pay  the
amount we think you owe.

If you receive our explanation but still believe your bill is wrong, 
you must write to us within 10 days telling us that you still 
refuse to pay. If you do so, we cannot report you as delinquent 
without also reporting that you are questioning your bill. We 
must tell you the name of anyone to whom we reported you as 
delinquent, and we must let those organizations know when 
the matter has been settled between us.
If we do not follow all of the rules above, you do not have to 
pay the first $50 of the amount you question even if your bill 
is correct.
Your Rights If You Are Dissatisfied With Your Credit Card 
Purchases
If  you  are  dissatisfied  with  the  goods  or  services  that  you 
have  purchased  with  your  credit  card,  and  you  have  tried 
in good faith to correct the problem with the merchant, you 
may have the right not to pay the remaining amount due on 
the purchase.
To use this right, all of the following must be true:

1.  The purchase must have been made in your home state
or  within  100  miles  of  your  current  mailing  address,
and the purchase price must have been more than $50.
(Note:  Neither  of  these  are  necessary  if  your  purchase
was based on an advertisement we mailed to you, or if we
own the company that sold you the goods or services.)
2.  You must have used your credit card for the purchase.
Purchases  made  with  cash  advances  from  an  ATM  or
with a check that accesses your credit card account do
not qualify.

3. You must not yet have fully paid for the purchase.

If all of the criteria above are met and you are still dissatisfied 
with the purchase, contact us in writing at:
Customer Service 
PO Box 31535 
Tampa, FL 33631
While  we  investigate,  the  same  rules  apply  to  the  disputed 
amount as discussed above. After we finish our investigation, 
we  will  tell  you  our  decision.  At  that  point,  if  we  think  you 
owe an amount and you do not pay, we may report you as 
delinquent.

After  we  finish  our  investigation,  one  of  two  things  will 
happen:

© CUNA Mutual Group 1991, 2006, 09,  
10, 12, 14, 16 All Rights Reserved

03100017-
MXC324-C-1-
121621

I004687

Patroon Creek Corporate Center
700 Patroon Creek Blvd.
Albany, NY 12206-1067
800-727-3328
www.sefcu.com

CONSUMER CREDIT 
CARD AGREEMENT 
AND DISCLOSURE

This  Consumer  Credit  Card  Agreement  and  Disclosure 
together with the Account Opening Disclosure and any other 
account  opening  documents  or  any  subsequent  documents 
provided to you related to this account (hereinafter collectively 
referred to as “Agreement”) govern the terms and conditions 
of  this  Account.  “We,”  “us,”  “our”  and  “ours”  and  “credit 
union” refers to SEFCU with which this Agreement is made. 
“You,”  “your,”  and  “yours”  refers  to  each  applicant  and 
co-applicant  for  the  account;  any  person  responsible  for 
paying the account; and anyone you authorize to use, access 
or service the account. “Card” means the Mastercard credit 
card and any other access devices, duplicates, renewals, or 
substitutions,  including  convenience  checks,  SEFCU  issues 
to you. “Account” means the line of credit established by this 
Agreement and includes your card.

SECURITY INTEREST
You  grant  SEFCU  a  security  interest  under  the  Uniform 
Commercial Code and under any common law rights SEFCU 
may have in any goods you purchase.
If you give SEFCU a specific pledge of shares by signing a 
separate Share Pledge Agreement Mastercard Credit Card, 
your pledged shares will secure your account. You may not 
withdraw  amounts  that  have  been  specifically  pledged  to 
secure  your  account  until  SEFCU  agrees  to  release  all  or 
part of the pledged amount.
You grant us a security interest in all individual and joint 
share and/or deposit accounts you have with us now and 
in the future to secure your credit card account. Shares 
and  deposits  in  an  IRA  or  any  other  account  that  would 
lose  special  tax  treatment  under  state  or  federal  law  if 
given as security are not subject to the security interest 
you  have  given  in  your  shares  and  deposits.  You  may 
withdraw  these  other  shares  unless  you  are  in  default. 
When  you  are  in  default,  you  authorize  us  to  apply  the 
balance  in  these  accounts  to  any  amounts  due.  For 
example, if you have an unpaid credit card balance, you 
agree we may use funds in your account(s) to pay any or 
all of the unpaid balance.

Page 1

(continued)

Page 8

(continued)

Page 9

(continued)

Page 10

(continued)

Page 11

(continued)

Unless  otherwise  prohibited  by  federal  and/or  state  law, 
collateral securing other loans you have with SEFCU may 
also secure this loan, except that a dwelling will never be 
considered  as  security  for  this  account,  notwithstanding 
anything to the contrary in any other Agreement.

1.  USING  YOUR  ACCOUNT  —  By  using  the  account  or 
keeping the card, you agree to the terms of this Agreement. 
You  agree  to  use  your  account  in  accordance  with  this 
Agreement.  Your  account  must  only  be  used  for  lawful 
transactions. You may use your card to make purchases from 
merchants and others who accept your card. The credit union 
is not responsible for the refusal of any merchant or financial 
institution  to  honor  your  card.  If  you  wish  to  pay  for  goods 
or services over the Internet, you may be required to provide 
card number security information before you will be permitted 
to  complete  the  transaction.  In  addition,  you  may  obtain 
cash  advances  from  the  credit  union,  from  other  financial 
institutions that accept your card, and from some automated 
teller  machines  (ATMs).  (Not  all  ATMs  accept  your  card.) 
Cash advances are limited to 20% of your established credit 
line, up to the amount of your available balance.  If the credit 
union  authorizes  ATM  transactions  with  your  card,  it  will 
issue  you  a  personal  identification  number  (PIN).  To  obtain 
cash advances from an ATM, you must use the PIN issued to 
you  for  use  with  your  card.  You  agree  that  you  will  not  use 
your  card  for  any  transaction  that  is  illegal  under  applicable 
federal, state, or local law. Even if you use your card for an 
illegal transaction, you will be responsible for all amounts and 
charges  incurred  in  connection  with  the  transaction.  If  you 
are permitted to obtain cash advances on your account, you 
may also use your card to purchase instruments and engage 
in transactions that we consider the equivalent of cash. Such 
transactions will be posted to your account as cash advances 
and include, but are not limited to, wire transfers and money 
orders. This paragraph shall not be interpreted as permitting 
or authorizing any transaction that is illegal.

2.  CREDIT LIMIT — We may establish a credit limit as part 
of this Agreement, which you promise not to exceed. If you 
exceed the credit limit, you promise to repay immediately the 
amount  which  exceeds  the  credit  limit,  including  amounts 
due  to  finance  charges,  fees  or  other  charges.  You  may 
request  a  credit  limit  increase  on  your  account  only  by  a 
method acceptable to SEFCU. We may increase or decrease 
your credit limit, refuse to make an advance and/or terminate 
your account at any time for any reason permitted by law.

3.  CONVENIENCE CHECKS — We may, from time to time, 
issue convenience checks to you that may be drawn on your 
account.  Convenience  checks  may  not  be  used  to  make  a 
payment  on  your  account.  If  you  use  a  convenience  check, 
it  will  be  posted  to  your  account  as  a  cash  advance.  We 
reserve the right to refuse to pay a convenience check drawn 
on  your  account  for  any  reason  and  such  refusal  shall  not 

constitute wrongful dishonor. You may request that we stop 
the payment of a convenience check drawn on your account. 
You  agree  to  pay  any  fee  as  identified  in  this  Agreement 
imposed to stop a payment on a convenience check issued 
on  your  account.  You  may  make  a  stop  payment  request 
verbally,  if  permitted,  or  in  writing.  Your  request  must  be 
made  with  sufficient  time  in  advance  of  the  presentment  of 
the check for payment to give us a reasonable opportunity to 
act on your request. In addition, your request must accurately 
describe the check including the exact account number, the 
payee,  any  check  number  that  may  be  applicable,  and  the 
exact amount of the check. If permitted, you may make a stop 
payment request verbally but such a request will expire after 
fourteen (14) days unless you confirm your request in writing 
within  that  time.  Written  stop  payment  orders  are  effective 
only  for  six  (6)  months  and  may  be  renewed  for  additional 
six (6) month periods by requesting in writing that the stop 
payment order be renewed. We are not required to notify you 
when a stop payment order expires. 

If we re-credit your account after paying a check over a valid 
and timely stop payment order, you agree to sign a statement 
describing the dispute with the payee, to assign to us all of 
your  rights  against  the  payee  or  other  holders  of  the  check 
and to assist us in any legal action. 

You agree to indemnify and hold us harmless from all costs 
and expenses, including attorney’s fees, damages, or claims, 
related  to  our  honoring  your  stop  payment  request  or  in 
failing  to  stop  payment  of  an  item  as  a  result  of  incorrect 
information provided to us or the giving of inadequate time 
to  act  upon  a  stop  payment  request.  Note:  A  convenience 
check is not a check as that term is defined under the Uniform 
Commercial  Code.  It  is  an  advance  from  your  credit  card 
account with us and your stop payment rights are provided 
under this Agreement with us.

4.  REPAYMENT — You promise to repay all amounts you 
owe  under  this  Agreement.  Your  promise  to  repay  includes 
all transactions made to your account by you or anyone you 
authorize to use your account as well as all interest charges 
and fees. All payments must be made in U.S. dollars and, if 
made by a negotiable instrument such as a check or money 
order,  must  be  in  a  form  acceptable  to  us  and  drawn  on  a 
U.S. financial institution.

For each billing period, you must pay at least the Minimum 
Payment  Due  by  the  Payment  Due  Date  indicated  on  your 
statement.

The  Minimum  Payment  Due  is  3.00%  of  your  total  New 
Balance,  or  $25.00,  whichever  is  greater,  plus  any  amount 
past due and any amount by which you have exceeded your 
applicable credit limit. If your total New Balance is less than 
$25.00, then your Minimum Payment Due is the amount of 
the total New Balance. 

You may pay more frequently, pay more than the Minimum 
Payment Due 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 Due each month your 
account has a balance (other than a credit balance). SEFCU 
may  delay  replenishing  your  credit  limit  until  the  date  the 
payment is posted or we confirm the payment has cleared. 

Your  payment  of  the  required  Minimum  Payment  Due 
may  be  applied  to  what  you  owe  SEFCU  in  any  manner 
we  choose,  as  permitted  by  applicable  law.  If  you  make  a 
payment in excess of the required Minimum Payment Due, 
SEFCU  will  allocate  the  excess  amount  first  to  the  balance 
with  the  highest  annual  percentage  rate  (“APR”)  and  any 
remaining portion to the other balances in descending order 
based  on  applicable  APR,  unless  otherwise  prescribed  by 
applicable  law.  We  may  accept  checks  marked  “payment 
in full” or with words of similar effect without losing any of 
our rights to collect the full balance of your account with us. 

5.  INTEREST  AND  FINANCE  CHARGES  —  We  will 
begin  charging  you  interest  on  purchases  on  the  date  the 
transaction is posted to your account. We will begin charging 
you interest on cash advances and balance transfers on the 
date of the transaction or the first day of the billing cycle in 
which the transaction is posted to your account, whichever 
is later (transaction date). However, we will not charge you 
any interest on new purchases if your account had a zero or 
credit  balance  at  the  beginning  of  that  billing  cycle,  or  you 
paid  the  entire  new  balance  on  the  previous  cycle’s  billing 
statement  by  the  Payment  Due  Date  of  that  statement.  To 
avoid  any  additional  finance  charge  on  the  balance  of  your 
account, you must pay the entire new balance on the billing 
statement by the Payment Due Date of that statement.

How We Calculate Your Balance:

Interest  charges  on  your  account  are  calculated  separately 
for  purchases,  balance  transfers  and  cash  advances 
(“Transaction  Type”).  We  figure  the  interest  charge  for 
each Transaction Type by applying the periodic rate to each 
corresponding “average daily balance.” To get the “average 
daily balance” for a Transaction Type we take the beginning 
balance  for  that  Transaction  Type  each  day,  add  any  new 
transactions  of  that  type,  and  subtract  any  unpaid  interest 
or  other  finance  charges  and  any  applicable  payments  or 
credits. This gives us the daily balance for each Transaction 
Type.  Then,  for  each  Transaction  Type,  we  add  up  all  the 
daily balances for the billing cycle and divide each total by 
the  number  of  days  in  the  billing  cycle.  This  gives  us  the 
“average daily balance” for each Transaction Type.

The periodic rates applicable to purchases, cash advances, 
and  balance  transfers  are  disclosed  on  the  Disclosure  that 
accompanies this Agreement. Any penalty rate that may be 

imposed for failing to make a payment by the payment due 
date is also disclosed on the Disclosure. Any rate change will 
be made pursuant to applicable law. If the rate for your account 
is variable, as indicated on the accompanying Disclosure, the 
rate charged on purchases, cash advances, balance transfers 
and  any  penalty  rate  will  vary  periodically  as  disclosed  in 
the  Disclosure  accompanying  this  Agreement.  The  initial 
rate  on  your  account  for  certain  types  of  transactions  may 
be an introductory discounted rate (Introductory Rate) that 
is  lower  than  the  rate  that  would  ordinarily  apply  for  that 
type  of  transaction.  If  an  Introductory  Rate  applies  to  your 
account, the rates and the period of time it will be effective 
is shown on the Disclosure accompanying this Agreement. 
After the Introductory Rate period expires, the periodic rate 
will automatically increase to the rates that would ordinarily 
apply for that type of transaction based on the terms of this 
Agreement.

6.  FEES — In addition to the periodic rate, additional fees may 
be imposed on your account. If applicable to your account, the 
fee  amounts  and  explanations  are  disclosed  on  the  Account 
Opening Disclosure accompanying this Agreement. 

7.  FOREIGN  TRANSACTIONS  —  Purchases  and  cash 
advances made in a foreign currency, will be debited from your 
account in U.S. dollars. Mastercard will convert the transaction 
into  U.S.  dollars  depending  on  whether  you  complete  the 
transaction with a Mastercard or if the transaction is processed 
by  a  network  operated  or  affiliated  with  Mastercard.  For 
transactions processed through Mastercard, the exchange rate 
used to convert foreign currency transactions to U.S. dollars 
is  based  on  rates  observed  in  the  wholesale  market  and 
selected  by  Mastercard  or  are  government-mandated  rates, 
where  applicable.  The  rate  Mastercard  uses  for  a  particular 
transaction  is  for  the  applicable  currency  on  the  day  the 
transaction occurs. However, in limited situations, particularly 
where transaction submissions to Mastercard for processing 
are  delayed,  the  currency  conversion  rate  Mastercard  uses 
may  be  the  rate  for  the  applicable  currency  on  the  date  the 
transaction is processed. The exchange rate used to convert 
the transaction may differ from the rate Mastercard receives 
and  may  differ  from  the  rate  applicable  on  the  date  the 
transaction occurred or was posted to your account.

8.  AUTHORIZATIONS — We do not guarantee authorization 
of a transaction, either by us or by a third party, even if you 
have  sufficient  credit  available.  You  agree  that  we  will  not 
be liable for failing to give an authorization. We also reserve 
the  right  to  limit  the  number  of  transactions  that  may  be 
approved  in  one  day.  We  reserve  the  right  to  deny  certain 
transactions  for  any  reason  and  at  our  sole  discretion, 
including  for  default,  suspected  fraudulent  or  unlawful 
activity,  internet  gambling  or  any  indication  of  increased 
risk related to the transaction or the account. You agree that 
we have no requirement to notify you of the specific reason 
we denied a transaction. If we detect unusual or suspicious 

activity, we may suspend your credit privileges until we can 
verify the activity, or we may close the account.

SERVICE 

9.  INFORMATION 
AND 
UPDATING 
AUTHORIZATIONS  —  If  you  have  authorized  a  merchant 
to  bill  charges  to  your  card  on  a  recurring  basis,  it  is  your 
responsibility to notify the merchant in the event your card is 
replaced, your account information (such as card number or 
expiration date) changes, or your account is closed. However, 
if your card is replaced or your account information changes, 
you authorize us, without obligation on our part, to provide 
the updated account information to the merchant in order to 
permit  the  merchant  to  bill  recurring  charges  to  your  card. 
You  authorize  us  to  apply  such  recurring  charges  to  your 
card until you notify us that you have revoked authorization 
for the charges to your card.

Your  card  is  automatically  enrolled  in  an  information 
updating service. Through this service, your updated account 
information (such as card number or expiration date) may be 
shared  with  participating  merchants  to  facilitate  continued 
recurring  charges.  Updates  are  not  guaranteed  before  your 
next payment to a merchant is due. You are responsible for 
making  direct  payment  until  recurring  charges  resume.  To 
revoke  your  authorization  allowing  us  to  provide  updated 
account information to a merchant, please contact us.

10. PREAUTHORIZED  CHARGES  —  We  may  suspend 
preauthorized  recurring  charges  with  merchants,  if,  for 
example, your card is lost or stolen, you default, or we change 
your  account  for  any  reason.  If  preauthorized  recurring 
charges are suspended, you are responsible for making direct 
payment for such charges until you contact the merchant to 
reinstate recurring charges.

11. DEFAULT — You will be in default under this Agreement if 
you fail to pay the Minimum Payment Due by its Payment Due 
Date; pay by a check or similar instrument that is not honored 
or that we must return because it cannot be processed; pay 
by  automatic  debit  that  is  returned  unpaid;  make  any  false 
or  misleading  statements  in  any  credit  application  or  credit 
update; file for bankruptcy; or die. You will also be in default 
if you fail to comply with the terms of this Agreement or any 
other Agreement you have with us. You will also be in default 
if  something  happens  that  the  credit  union  believes  may 
substantially reduce your ability to repay what you owe.

When  you  are  in  default,  the  credit  union  has  the  right  to 
demand  immediate  payment  of  your  full  account  balance 
without giving you notice. If immediate payment is demanded, 
you agree to continue paying finance charges at the periodic 
rate  charged  before  default,  until  what  you  owe  has  been 
paid,  and  any  shares  that  were  given  as  security  for  your 
account may be applied towards what you owe.

If  you  default,  we  may  close  your  account  and  require  you 
to pay any unpaid balance immediately, subject to applicable 

law. In this Agreement and on your Credit Card Application, 
you gave us a security interest in all individual or joint share 
and/or  deposit  accounts  with  SEFCU  and  authorized  us,  if 
you defaulted, to apply the balance in these accounts to any 
amounts due. You agree we may rely on your agreement and 
authorization to, upon your default, apply any balance to any 
amounts due on your account.  

12. LIABILITY  FOR  UNAUTHORIZED  USE-LOST/STOLEN 
CARD  NOTIFICATION  —  If  you  notice  the  loss  or  theft  of 
your credit card or a possible unauthorized use of your card, 
you  should  write  to  us  immediately  at  Customer  Service, 
PO  Box  31535,  Tampa,  FL  33631.  World  cardholders  can 
call (855) 594-3246 to report the loss, theft, or unauthorized 
use of your card as well as for customer service. (If you are 
outside  the  United  States,  call  collect  at  (727)  227-1428.) 
Other cardholders can call (866) 839-3485 to report the loss, 
theft, or unauthorized use of your card. (If you are outside the 
United States, call collect at (727) 570-4881.)

You  will  not  be  liable  for  any  unauthorized  use  that  occurs 
after you notify us of the loss, theft or possible unauthorized 
use.  You  may,  however,  be  liable  for  unauthorized  use  that 
occurs  before  your  notice  to  us.  However,  if  you  exercise 
reasonable care in safeguarding your card from risk of loss 
or  theft  and,  upon  discovering  the  loss  or  theft  promptly 
report  the  loss  or  theft  to  us,  you  will  not  be  liable  for  any 
unauthorized  transactions.  In  any  case,  your  liability  for 
unauthorized transactions will not exceed $50.

13. CHANGING  OR  TERMINATING  YOUR  ACCOUNT  —  As 
permitted  by  law,  SEFCU  may  change  the  terms  of  this 
Agreement  and  any  attached  Disclosure  from  time  to  time. 
Notice  of  any  change  will  be  given  in  accordance  with 
applicable  law.  To  the  extent  permitted  by  law,  changes  to 
the Agreement may apply to your existing account balance as 
well as to future transactions. You are also responsible for all 
transactions posted on your account after termination, unless 
the transactions were unauthorized. If this is a joint account, 
the paragraph on JOINT ACCOUNTS of this Agreement also 
applies to termination of the account. 

Arizona, California, Idaho, Louisiana, New Mexico, Nevada, 
Texas,  Washington,  and  Wisconsin  Residents.  Either  you, 
your spouse or SEFCU may terminate this Agreement at any 
time SEFCU may terminate this Agreement upon reevaluation 
of  your  creditworthiness,  upon  failure  to  satisfy  the  terms 
of  this  Agreement,  or  by  our  option  with  good  cause,  as 
permitted  by  law.  You  may  terminate  this  Agreement  at  any 
time  by  giving  us  written  notice  at  our  address  listed  on 
this  Agreement.  However,  termination  by  you,  your  spouse 
or  SEFCU  will  not  affect  your  obligation  to  pay  the  account 
balance  plus  any  finance  and  other  charges  you  or  your 
spouse owe under this Agreement. Your obligation to pay the 
account balance plus any finance and other charges you owe 
under  this  Agreement  are  subject  to  all  applicable  laws  and 

Page 2

(continued)

Page 3

(continued)

Page 4

(continued)

Page 5

(continued)

Page 6

(continued)

Page 7

(continued)