Golden 1 Student Visa® Credit Card Account Opening Agreement

More documents

Recommendations

Info

Card(s) to Golden 1 and reapply for a new Card. To terminate the Account, please see the section on Cancelled, Lost or Stolen Cards. Joint credit If you have applied for a joint Account, you will remain jointly and severally liable for any credit extended pursuant to this Agreement. If you do not wish for any further transactions to be made under this Agreement, you may close the Account, but you will remain jointly and severally obligated to repay the outstanding balance of all pre‐existing transactions under the terms of this Agreement. Change of name, address, telephone You agree to promptly report to us any change in your name, address, e‐mail address or telephone number(s). You may notify us through online banking, write to us separately, or complete the change of address notification section provided on the remittance coupon included with your monthly statement. USING THE CARD Illegal transactions We reserve the right to deny any transaction. Golden 1 prohibits the use of your Account for any transaction that is illegal under applicable federal, state or local law. Use of your card and/or Account to initiate any type of unlawful electronic gambling transaction through the Internet is prohibited and may be rejected. Use of your card for any unlawful transaction may cause us to terminate your Account. Regardless of whether the transaction is deemed legal or illegal, you agree to repay, according to the terms of this Agreement, transactions you initiate by use of your Card. Return of Card(s) Each Card issued on your Account is the property of Golden 1 and must be returned upon demand. Credit Limit Your credit limit was established based on your creditworthiness. Purchases and cash advances will not be authorized if they exceed your available credit limit. However, your Account balance may exceed your credit limit due to interest and/or fees that are imposed on your Account. You agree to immediately pay the excess amount. You will be responsible for all amounts over the credit limit without giving up any of our rights under this Agreement. Uses for your Card You will be able to use your Card to buy goods and services any place Visa credit cards are honored. You can use your Card to obtain a cash advance at any Golden 1 branch. You can also use your Card together with your Personal Identification Number (PIN) to obtain cash advances from any Automated Teller Machine (ATM) displaying the Visa logo. For your protection, keep your PIN safe and confidential at all times. Do not write your PIN on your Card or anything that is kept with your Card. Overdraft Protection You may select your Student Visa to cover overdrafts (checks, preauthorized debit or debit card transactions) that exceed the balance in your Golden 1 Checking account. If authorized by you to set up overdraft services, we will transfer amounts from your Student Visa in increments of $200, up to the available balance. If there are not enough funds available on your credit card to cover the entire amount of an item presented for payment, we may, at our option and without notice, pay the item and create an overdraft on the account or return the item unpaid. You understand that there will be a fee assessed for this service as shown in the Fee Schedule below. There is no limitation on the number of transfers per month or on the dollar amount of the transfer. Interest will begin accrue from the date of the overdraft transfer. L‐146 Revised 10.18.11 2
Internet transactions & Verified by Visa® program If you use your Card for online shopping, we recommend that you enroll in the Verified by Visa program, as long as it is offered by the participating merchant. This program is designed to reduce identity theft by allowing you to establish a password to use whenever you use your existing Card for online transactions. You should ensure your password is stored in a secure place. If you forget your password, contact Golden 1 during normal business hours for a password reset. For your protection, do not allow another person to use your Verified by Visa password. If you share your password, you are authorizing the transaction on your Account. Authorizations When a Visa transaction authorization is granted, a hold is automatically placed against your Account. If we detect any unusual or suspicious activity, we may deny transactions regardless of your available credit limit. Golden 1 is not liable for failing to approve any transaction. Limits on obtaining cash You may not obtain cash advances in excess of your available credit. An ATM owner may impose its own limits and, for security reasons, Golden 1 or any other provider of funds may have additional transaction limits. At Golden 1 ATM machines, you may obtain cash advances against your Visa up to a maximum aggregate total of $500 per day provided sufficient credit is available. Notice regarding ATM fees by others When you use an ATM not owned by Golden 1, you may be charged a fee by the ATM operator of any network used to complete the transaction. You may be charged a fee for a balance inquiry even if you do not complete a funds transfer. Any such fees must be displayed at the ATM or POS terminal location. PAYMENTS and FEES Minimum monthly payments You can pay off all your purchases and cash advances plus interest charges and fees in full each month or you can pay monthly installments. If you are paying installments, the monthly minimum payment required will be 2% of the new balance on the date of cycle closing or $10.00, whichever is greater. If the new balance is less than $10.00, you only pay that amount. In addition to the minimum payment due, you agree to pay any amount which is past due or over limit. Application of excess payments All payments in excess of the minimum monthly payment will be applied as follows: first to the balance with the highest interest rate, and then to each successive balance with the next highest interest rate, until the payment is exhausted. Method of payment You may pay by check using the remittance coupon on your statement, by automatic payment from your Golden 1 checking account or by signing on to Golden 1 Online. You may also pay in person at any Golden 1 branch or Golden 1 ATM using your ATM/Check Card by transferring funds from a Golden 1 account. Credit and posting rules Payments received in person by an employee at a Golden 1 branch no later than close of business on any business day will be credited to your Account effective on that day. Payments received after the close of business on any business day will be credited on the next business day. All payments are subject to verification and collection by Golden 1. Statements You will receive a monthly billing statement. L‐146 Revised 10.18.11 3
Page 1: Golden 1 Student Visa® Credit Card
Page 5 and 6: OTHER IMPORTANT DISCLOSURES SECURIT
Page 7 and 8: You agree that Golden 1 may contact
Page 9: 2. You must have used your credit c

Golden 1 Student Visa® Credit Card Account Opening Agreement

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?