VISA PLATINUM CREDIT CARD AGREEMENT AND TRUTH-IN-LENDING DISCLOSURE STATEMENT
THIS IS YOUR VISA PLATINUM CREDIT CARD AGREEMENT. IT CONTAINS DISCLOSURES REQUIRED BY THE FEDERAL TRUTH IN LENDING ACT (15 U.S.C. S 1601 et seq.) AND THE CONSUMER FINANCIAL PROTECTION BUREAU'S REGULATION Z (12 C.F.R. S 1026.1 et seq.), AND THE TERMS AND CONDITIONS OF YOUR VISA PLATINUM CREDIT CARD AGREEMENT WITH COPOCO powered by ELGA Credit Union. BE SURE TO READ THIS AGREEMENT CAREFULLY. CONTACT THE CREDIT UNION IMMEDIATELY AT THE TELEPHONE NUMBER SHOWN IN THIS AGREEMENT IF YOU HAVE ANY QUESTIONS OR CONCERNS ABOUT YOUR OBLIGATIONS AND RESPONSIBILITIES UNDER THIS AGREEMENT.
Interest Rate and Interest Charges
Arnurcharcentage Rate (APR · 9.90%
APR for Balance Transfers · 6.90% Introductory APR on balance(s) transferred between August 1, 2017 and March 31, 2018, unti the transferred balance(s) has (have) been paid in full. For balance(s) transferred after March 31, 2018, your APR will be 9.90%.
APR for Cash Advances · 9.90%
Paying Interest · 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. We will begin charaina interest on balance transfers and cash advances on the transaction date.
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
F
Annual Fee · None
Transaction Fees . Foreign Transaction · 1.0% of each foreign currency transaction in U.S. dollars 0.8% of each transaction in U.S.dollars that occurs in a foreign countrv
Penalty Fees . Late Payment . Returned Payment · Up to $25.00 Up to $25.00
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 how to exercise those rights is provided in your account agreement.
In this Agreement the words "you" and "your" mean each and all of those who accept this Agreement or who use the VISA Platinum Credit Card or any access device. "Card" means the VISA Platinum Credit Card and any duplicates and renewals we issue. "Access Device" means the Card and any other means we provide to you to obtain credit on your account, including, but not limited to, your account number and any special access devices we may provide from time to time."Account" means vour VISA Platinum Credit Card Line of Credit account with us."We"."us." "our" and "Credit Union" mean coPoco powered bv ELGA Credit Union.
Responsibility. We require that every person to whom we issue a Card or any Access Device must be a member of the Credit Union. Advances of credit on your Account may be obtained by use of the Card or any Access Device. No matter how an advance is obtained, you agree to repay all debts and the FINANCE CHARGE arising from the use of the Card, any Access Device and the Account. For example, you are responsible for charges made by yourself, your spouse and minor children. You are also responsible for charges made by anyone else to whom you give the Card, and this responsibility continues until the Card is recovered. You cannot disclaim responsibility by notifying us, but we will close the Account for new transactions if you so request and if you return all Cards. Your obligation to pay the Account balance continues even though an agreement, divorce decree or other court judgment to which we are not a party may direct you or one of the other persons responsible to pay the Account. Any person using the Card is jointly responsible with you for the charges he or she makes, but if that person signs the Card he or she becomes a party to this Agreement and is also jointly responsible for all charges on the Account, including charges made by you.
Credit Limit. When we establish your Account, we will establish a self-replenishing Line of Credit for you and notify you of its amount when we issue the Card. The maximum amount that may be outstanding at any time on your Account is your "Credit Limit." You agree not to let the Account balance exceed this approved Credit Limit. Each payment you make on the Account will replenish your Account by the amount of the payment which is applied to principal. You may request an increase in your Credit Limit by phone or by written application to us, which must be approved by our executive board committee or loan officer. Our executive board committee and/or loan officer may reduce your Credit Line from time to time, or with good cause, revoke your Card and terminate this Agreement after providing you notice, if any is required by applicable law. Good cause includes your failure to comply with this Agreement, or our adverse reevaluation of your creditworthiness. You may also terminate this Agreement at the time, but termination by either
