Please Note: The following disclosure information relates to Visa cards that were originally issued to members of Bell Com Credit Union. If you have a Visa Card that was issued by our Lansing offices, please call the credit union at 517.319.1300 or 800.323.2129 for current disclosure information.

Unsecured Visa Account

The periodic finance charge on an account with a 25 (twenty five) day grace period on the advance balance: For the advance balance, which consists of transactions related to cash and loan advances, a periodic FINANCE CHARGE will be imposed on cash advance transactions from the date they are posted to your account. For the purchase balance, which consists of transactions related to the purchases of property and services, the periodic FINANCE CHARGE will not be imposed on purchase transactions if the previous balance shown on the monthly statement is zero or if a payment or credit for the full amount of the previous balance was received within 25 (twenty five) days of the prior billing cycle closing date.

To compute the periodic FINANCE CHARGE on purchases, we take each non-cash balance times the number of days that particular balance was showing on the VISA loan. The product of these multiplications is added, and then is multiplied by the daily periodic rate to determine the amount of FINANCE CHARGE on non-cash transactions.

To compute the periodic FINANCE CHARGE on cash or loan advances, we take each cash advance balance times the number of days that particular balance was showing on the VISA loan. The product of these multiplications is added to determine the Total Cash Advance Balance; this is multiplied by the daily periodic rate to determine the amount of FINANCE CHARGE on cash transactions.

Monthly Payment

The minimum monthly payment will be 4% of the balance due, or $20.00 whichever is greater, plus any amounts due because you exceeded your credit limit, or due to missed or insufficient previous payments.

Payments

Each month you must pay at least the minimum payment shown on your statement by the date specified on the statement or no later than twenty-five (25) days from the statement closing date, whichever is later. If your statement says the payment is "Now Due," your payment is due no later than twenty-five (25) days from the statement closing date. You may pay more frequently, pay more than the minimum payment or pay the Total New Balance in full. If you make extra or larger payments, you are still required to make at least the minimum payment each month your account has a balance (other than a credit balance). The minimum payment is 2.5% of your Total New Balance, or $10,000, whichever is greater, plus the amount of any prior minimum payments that you have not made, and any amount you are over your credit limit. The Credit Union also has the right to demand immediate payment of any amount by which you are over your credit limit.

Visa Charges

• Over-the-Credit-Limit Fee: You may be charged a fee of $20.00 on a statement date if your New Balance on that date, less any fees imposed during the cycle, is more than $100.00 (Classic); $300.00 (Gold) or $500.00 (Platinum) over your credit limit. You will be charged the fee each subsequent month until your New Balance on the statement date, less any fees imposed during the cycle, is BELOW your credit limit.
• Late Payment Fee: A late charge of $20.00 will be assessed five (5) days after the next statement date.
• Document Copy Fee: You will be charged $5.00 for each copy of a sales draft or statement that you request (except when the request is made in connection with a billing error made by the credit union).
• Collection Costs:You agree to pay all costs of collecting the amount you owe on your Visa card, including court costs and reasonable attorney's fees.
• Cash Advance Fee: 3% of the cash advance. Minimum $3.00, Maximum $30.00. Fee is waived for over-the-counter advances at a Option 1 office.

Visa Rates

Visa Accounts are subject to an ANNUAL PERCENTAGE RATE of:

• 14.88% on VISA Classic, corresponding to a monthly periodic rate of 1.24%
• 10.00% on VISA Gold, corresponding to a monthly periodic rate of 0.83%
• 10.99% on VISA Platinum, corresponding to a monthly periodic rate of 0.92%

Variable Rate Information

• Option 1 VISA Classic: Fixed Rate Only
• Option 1 VISA Gold: Variable based on highest Prime Rate on the last business day of each calendar quarter plus 4.00 Margin. Maximum 18.00%
• Option 1 VISA Platinum: Fixed Rate Only

If you have additional questions about Option 1 VISA cards, please call our Loan/Visa Department at 616.243.0125 or toll-free at 800.323.2129.