FourLeaf M tercar d® Consumer Credit Card Cardholder Agreement
To the extent that this Cardholder Agreement ('Agreement') conflicts with your FourLeaf Consumer Member Account Agreement ('Member Account Agreement'), the Member Account Agreement will control. This is the Agreement between FourLeaf Credit Union ('w e', 'our', or 'us') and you concerning the FourLeaf Mastercard Consumer Credit Card Account ('Account') and the individual Mastercard card(s) ('Card') we have issued to you and other individuals at your request. This Agreement also governs the issuance and use of Convenience Checks and Balance Transfers. In this Agreement, the words 'you' and 'your' mean the individual who applied for the Account by completing an Account application, and all individuals to whom we issue Cards at your request, (collectively, the 'Authorized Users'). You and we are sometimes collectively called the 'Parties' and individually a 'Party'. In addition, the following terms have these meanings in this Agreement:
'Account Number' means the 16-digit number on the face of your Card.
'Balance Transfer' means a transfer of a credit balance from another credit card account to your Account.
'Cash Advance' means a loan from us to you other than a Credit Purchase. The following transactions are considered Cash Advances: requesting cash in person at any bank; making a credit transaction at participating ATM network machines; making a credit transaction through online banking; funding a wire transfer; purchasing money orders, travelers checks, lottery tickets, casino or gambling chips; or using a Convenience Check.
'Convenience Check' means a check that we may provide to you from time to time to make a Purchase or Balance Transfer.
'Credit Limit' means the amount of credit we will make available to you under this Agreement. We will inform you of your Credit Limit in a letter we will send to you if your application is approved (the 'Approval Letter'); however we may reduce your credit limit at any time in accordance with applicable law.
'Credit Purchase' means using your Card or Account Number to purchase or lease goods and/or services.
'Person' means, as the context requires, a human being and/ or any firm, corporation, partnership (including, without limitation, general partnerships, limited partnerships, and limited liability partnerships), Limited Liability Company, joint venture, business trust, association or other legal entity other than us.
'Transaction' means each (a) Credit Purchase, (b) Cash Advance, or (c) Balance Transfer.
'Transaction Date' means the date you (a) make a Credit Purchase, (b) obtain a Cash Advance, (c) use a Convenience Check or (d) make a Balance Transfer, as applicable.
You will have accepted this Agreement, including section 23 titled WAIVER OF JURY TRIAL; LIMITATION OF DAMAGES , when you activate any Card we have issued you by calling the activation telephone number included with the Card, or by using the Card.
Use of Account.
(a) You will not be able to perform a Transaction until you activate your Card.
(b) You must sign your name on the signature panel on the back of your Card as soon as you receive it to protect you and us from claims of unauthorized use. You will be obligated to repay all Transactions initiated by any Person who uses your Card or Account with your permission.
(c) You may make Credit Purchases by using your Card or Account Number at merchants that accept Mastercard credit cards.
(d) You may obtain Cash Advances, in an amount not to exceed 75.00% of your total Credit Limit, by using your Card or Account Number at Mastercard-affiliated financial institutions, automated teller machines ('ATM'), using Convenience Checks and by other means permitted by Mastercard from time to time. If you obtain a Cash Advance from an ATM not owned by us, the ATM operator may also assess a fee.
(e) We may, in our sole discretion, permit Balance Transfers from other credit card accounts to your Account. Introductory APRs on Balance Transfers, if any, will only apply to transfers of credit balances held at another financial institution. If the total amount of a Balance Transfer you request exceeds your Credit Limit, we may either send full or partial payment to your creditors in the order you provide them to us up to your Credit Limit or we may send you Convenience Checks for you to pay your creditors up to your Credit Limit. Allow at least two (2) weeks for processing. You must continue paying each creditor in accordance with the terms of each account, and should monitor each account to ensure your Balance Transfer has appeared as a credit and cleared with each applicable creditor. Balance Transfers incur interest charges from the Transaction Date. If you have a dispute with a creditor and pay that balance by transferring it to your new account, you may lose certain dispute rights.
(f) You agree that you will not use your Card, Account Number, or Convenience Checks:
(i) if we or you have suspended or cancelled your Card or Account;
(ii) after you report them as lost or stolen;
(iii) after you file a petition for bankruptcy;
(iv) if you do not honestly expect to be able to pay your Balance (as defined in section 5(a)) in full; and
(v) for any illegal purpose, such as illegal gambling.
Convenience Checks. We may make Convenience Checks available at our sole discretion. Convenience Checks may only be used by Persons whose names are pre-printed on them. Each Convenience Check must be completed and signed in the same way you complete a personal check. If you use a Convenience Check, it shall be deemed to be an authorization for a Cash Advance. Convenience Checks may only be written in U.S. Dollars. A Convenience Check cannot be used to make a payment on your accounts at FourLeaf. We are not responsible if any Person or device refuses to accept a Convenience Check.
(a) We may refuse to pay a Convenience Check if:
(i) it is postdated;
(ii) the amount of the Convenience Check would, if paid, cause your New Balance (as defined in section 5) to exceed your Credit Limit or if your Account is in Default (as defined in section 20);
(iii) signed by a Person whose name is not pre-printed on its face;
(iv) we or you have terminated or suspended your Card or Account for any reason;
(v) it is written in a currency other than U.S. Dollars;
(vi) payment of the Convenience Check would exceed any limit imposed by us for security reasons pursuant to section 3(b); or
