P.O. Box 780 Seattle, WA 98111 (206) 398-5500 ● (800) 334-2489
CREDIT CARD ACCOUNT AGREEMENT AND FEDERAL DISCLOSURE STATEMENT
THIS IS YOUR CREDIT CARD ACCOUNT AGREEMENT AND IT INCLUDES NECESSARY FEDERAL TRUTH-IN-LENDING DISCLOSURE STATEMENTS, VISA PLATINUM AND VISA PLATINUM SECURED AGREEMENTS, AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR VISA PLATINUM AND VISA PLATINUM SECURED CREDIT CARDS, AND/OR ANY OTHER ACCOUNT ACCESS DEVICE. PLEASE BE CERTAIN TO READ THIS AGREEMENT CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.
Interest Rate and Interest Charges
Annual Percentage Rate (APR) For Purchases · VISA Platinum: ________% This APR will vary with the market based on the Prime Rate. VISA Platinum Secured: ________% This APR will vary with the market based on the Prime Rate. 12.24 -27.24 12.24 -27.24
APR For Balance Transfers · VISA Platinum: ________% This APR will vary with the market based on the Prime Rate. VISA Platinum Secured: ________% This APR will vary with the market based on the Prime Rate. 12.24 -27.24 12.24 -27.24
APR For Cash Advances · VISA Platinum: ________% This APR will vary with the market based on the Prime Rate. VISA Platinum Secured: ________% This APR will vary with the market based on the Prime Rate. 12.24 -27.24 12.24 -27.24
Paying Interest · We will not charge You interest on purchases if You pay Your entire balance owed each month within 25 days of Your statement closing date. Wewill begin charging interest on cash advances and balance transfers 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.
Fees
Transaction Fees • Cash Advance · 3.00% of each cash advance ( $10.00 minimum)
Penalty Fees
• Returned • Late Payment · Up to $25.00
Payment · 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 details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in Your Account Agreement.
DEFINITIONS. In this Agreement, the reference to "We," "Us," "Our," and "Credit Union" mean SEATTLE METROPOLITAN CREDIT UNION dba SEATTLE CREDIT UNION ('SEATTLE CREDIT UNION'). The words "You" and "Your" mean each person accepting this Agreement. If this is a joint Account, read singular pronouns in the plural. The words "Card" and "Credit Card" mean any VISA Platinum or VISA Platinum Secured Credit Card issued to You by Us and any duplicates or renewals. The word "Account" means the VISA Platinum or VISA Platinum Secured Credit Card Account established for You under this Agreement. "Convenience Check" means the special Account access devices that We may provide for Your use from time to time. If this is a joint Account, read singular pronouns in the plural.
PROMISE TO PAY. You understand that the following terms and conditions constitute Our Agreement with You. You may request advances on Your Account through a variety of means which could include (but may not be limited to) telephonic requests, Convenience Checks, Credit Cards and the like. Regardless of the means by which any advance is made, You promise to pay Us all amounts charged to Your Account by You or by any user who has access to Your Account, with actual, apparent or implied authority for use of Your Account, including Finance Charges and other fees or charges described herein.
