Golden 1 Student Visa® Credit Card Account Opening Agreement

Any time you complete a foreign currency transaction through the Visa network, you will be assessed an International
Service Assessment (“ISA”) fee. Currently, this fee is one percent (1%) of the transaction amount. This fee was previously
assessed by Visa directly to the Cardholder, and is now assessed by Visa to Golden 1 and passed on to members. This
one percent (1%) fee applies to all international transactions where the foreign currency must be converted to U.S.
dollars and where the foreign currency is not equal in value to U.S. dollars. The currency conversion rate used to
determine the transaction amount in U.S. dollars is either (i) a rate selected by Visa from the range of rates available in
wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself
receives, or (ii) the government‐mandated rate in effect for the applicable central processing date, in each instance in
addition to the ISA fee.
DEFAULT
You will be in default under this Agreement if any of the following occur:
1. You do not make a payment when due as required by this Agreement.
2. You exceed your available credit limit.
3. You become subject to bankruptcy, incompetency or insolvency proceedings or you die.
4. You make false statements or omissions or provide fraudulent signatures on any application or financial
statement provided to Golden 1.
5. Your payment is returned for any reason.
6. There has been a material adverse change in your creditworthiness.
7. You violate any of the terms of this Agreement, or any other agreement or disclosure related to this Agreement.
8. Your Golden 1 membership is terminated by Golden 1.
Upon the occurrence of any event of default under this Agreement, we may (a) terminate or suspend your credit
privileges, (b) change the terms of this Agreement, and/or (c) demand that you pay the entire unpaid balance.
Entire balance due
If you miss a payment or break a promise under this Agreement, we can require payment of the entire outstanding
balance of your Account immediately. No notice is required. We can also do this if you make any false or misleading
statement on your application, or in the event of your death.
Late payment
Golden 1 may assess a late payment fee of up to fifteen dollars ($15.00) with respect to any monthly billing cycle as a
late payment charge on the minimum payment due that is not paid within 15 days after the payment due date.
Returned payment
Golden 1 may assess a returned payment fee of up to five dollars ($5.00) with respect to any payment returned unpaid
for any reason.
Collection costs and attorney fees
If you are in default of your payments or break a promise under this Agreement, you agree to pay all collection costs
incurred by us, including collection agency costs, court fees and reasonable attorney’s fees (either hourly or contingency
fees, which shall be deemed reasonable). These provisions apply to bankruptcy appeals and post‐judgment
proceedings.
Waiver
The failure of Golden 1 to exercise any of its rights under this Agreement shall not be deemed a waiver of such right or
any other right available hereunder.
AGREEMENT TO BE CONTACTED
L‐146 Revised 10.18.11 6