NUVISION FEDERAL CREDIT UNION VISA CREDIT CARD AGREEMENT AND DISCLOSURE
IMPORTANT -Retain for your records
Effective: September 28, 2023
CARD AGREEMENT
This Visa Credit Card Agreement and Disclosure ('Agreement') is your contract with us. Any amendments to this Agreement are also part of this Agreement. Please read all parts of this Agreement and keep it for your records.
DEFINITIONS
The following definitions apply to this Agreement:
ACCOUNT: The line of credit associated with your Visa Platinum, Visa Platinum Rewards, Visa Signature, or Visa Share Secured Credit Card Account with us.
ACCOUNT BALANCE: All authorized charges, plus any finance charges assessed on your Account, plus any other fees and charges which you owe to us under the terms of this Agreement.
AUTHORIZED USER: Any person you allow to use your Account with a Card we provided with that person's name.
BILLING PERIOD: The period of time between each date when we create a periodic statement for your Account. A Billing Period is usually 28-33 days. For each Billing Period, your statement will show any Transactions, other charges, payments and other credits posted during that Billing Period.
CARD: The Visa Platinum Credit Card, Visa Platinum Rewards Credit Card or Visa Share Secured Credit Card issued to you (and any duplicates and renewals we may issue) used to access your Account to obtain credit.
CONSUMER REPORTING AGENCY: An organization, such as Experian, Equifax and TransUnion, that compiles credit information for the purpose of generating consumer credit reports. It is also known as a 'credit bureau' and a 'credit reporting agency.'
LATE PAYMENT: A payment is late if you do not pay at least an amount equal to the Minimum Monthly Payment by the Payment Due Date.
RETURNED PAYMENT: A payment that is not honored by your financial institution.
TRANSACTION: A Purchase, Balance Transfer or Cash Advance, as applicable.
YOU, YOUR, and YOURS: Each and all of those who apply for or use the Card and/or VISA Credit Card Account.
WE, US, OUR and CREDIT UNION: NUVISION FEDERAL CREDIT UNION.
YOUR ACCOUNT
BINDING AGREEMENT: By signing a credit card application, signing the back of your credit card or using your credit card, you agree to the terms and conditions of this Visa Credit Card Agreement ('Agreement').
ACCOUNT USE: Your Account use is subject to this Agreement. All Transactions are subject to our approval. You may use your Card to purchase goods and services in person, online, and by mail or telephone from merchants and others who accept Visa credit cards. In addition, you may obtain cash advances from the Credit Union, from other financial institutions or select merchants participating in the Visa program and from automated teller machines (ATMs), such as Visa ATM Network, that provide access to the Visa system. Not all merchants or ATMs provide such access. You will need to use your Personal Identification Number (PIN) to obtain a cash advance from an ATM. Finally, you may use your Account to transfer balances from other creditors, provided that we approve your request. Balance Transfers are subject to a $500 minimum transfer amount requirement.
RESPONSIBILITY: You must pay us for all amounts due on your Account, including: (1) Transactions you make, even if you did not present your Card or sign for the Transaction; (2) Transactions an Authorized User makes; (3) Transactions that other people make if you or an Authorized User let them use your Account; and (4) any fees and interest charges on the Account. Your agreement to repay us extends to the use of the Account by you or any other person you permit to use the Account, even if that person exceeds your permission. You cannot disclaim responsibility by notifying us, although we will close the Account if you so request. 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 someone else to pay the Account Balance. The Cards remain our property and you must recover and surrender to us all Cards upon our request and/or upon termination of this Account.
