Interest rates vary based on member qualifications and Visa Program.
Non-Promotional Annual Percentage Rate
11.99% – 18.00% APR for purchases, cash advances, and balance transfers
18.00% APR on all balances, if minimum payment due is not made for two consecutive billing cycles
Purchases – 25 day grace period; cash advances, balance transfers, and LetterChecks will incur finance charges from the date the transaction is posted to the account
Method of Computing the Balance
Average Daily Balance
No annual fee
Minimum Finance Charge
Based on activity
Cash Advance Fee
3% of cash advance amount (minimum $10)
Balance Transfer Fee
3% of balance transfer amount (minimum $10)
Late Payment Fee
Over Limit Fee
$20 fee for returned payments. $10 fee for a phone payment. $15 fee for a stop payment. Rewards points are accumulated only on purchases and at a rate of one point for each dollar spent. Maximum allowable combined unsecured debt at SCE FCU per entity household is $100,000; your limit may be reduced to remain within this limit. SCE FCU reserves the right to close your account at any time. Balance transfers may not be used to pay off or pay down any account issued by SCE FCU.
This SCE Federal Credit Union Business Visa Credit Card Agreement (“Agreement”) governs the use of your SCE Federal Credit Union Business Visa® Credit Card Account (“Account”). In this Agreement, the words “you” and “your” mean (i) the business on whose behalf the related SCE Federal Credit Union Business Visa® Credit Application and Agreement or other written document (including an electronic record) that you signed or otherwise submitted for this Account (your “Application”) and (ii) each and every person who signed the Application. The words “we”, “us,” and “our” mean SCE Federal Credit Union and its successor(s) and assign(s). The word “Card” refers to the credit card that we issue to you or on your behalf. The use of your Account number to obtain advances is considered a use of your Card. Your Application; the Business Visa Credit Card Approval Letter (“Letter”) received by you prior to this Agreement; your Card and the card carrier that we send with your Card; your signature (including any electronic or digital signature) on any Application, sales slip, or other evidence of indebtedness on your Account; and any other documents required by us now or in the future in connection with this Agreement and your Account (such as any personal guarantees or security agreements) are hereby incorporated into and are made a part of this Agreement. The word “Guarantor” means each person identified in your Application as a personal or corporate guarantor. Your use of the Card, the Account, and/or your Account number constitutes your acceptance of and agreement to the following terms and conditions:
You represent, warrant, and agree that this Account will be used solely for business and commercial purposes and not for any personal, family, or household purpose. You agree to comply with all laws, statutes, regulations, and ordinances pertaining to the conduct of your business and promise to indemnify and hold us harmless from any damages, liabilities, costs, expenses (including attorneys’ fees), or other harm arising out of any violation thereof. This indemnity will survive termination of your Account and this Agreement.
The words “Effective Date” as used in this Agreement mean the date specified in your Letter. You understand and agree that we may postpone, without penalty, any advance under your Account until all required security interests have been perfected and we have received all required personal guarantees or other documentation.
You promise to pay us, or to our order, without defense or setoff, the outstanding principal balance of all advances, fees, and charges on your Account, together with interest thereon, plus any other sums due under this Agreement. Subject to any grace periods, finance charges will be calculated from the date of each advance or other transaction until repayment in full. Each of you, if more than one, is jointly and severally liable on this Agreement. This means that we may require any of you to pay all amounts due under this Agreement, including credit advances made by any of you, even if it exceeds the authorized Credit Limit. Any one of you, on your request alone, may cancel your Account, request and receive advances, or take any other action regarding your Account. We may release or modify the obligations of any one or more of you (or any guarantor) from responsibility under this Agreement, and the other obligors will remain fully responsible hereunder.
This Agreement governs a line of credit for a maximum total dollar amount (including, without limitation, principal, interest, fees, and charges) up to the dollar amount disclosed from time to time as your Credit Limit, shown initially on the Letter and thereafter on your Periodic Statement. You agree not to request any advance that will make your Account balance exceed your Credit Limit. If you exceed your Credit Limit, you agree to repay immediately the amount by which the balance of your Account exceeds your Credit Limit, even if we have not yet billed you for such amount. We may refuse to authorize or accept any request for an advance that would cause you to exceed your Credit Limit. Your payment of any amount in excess of your Credit Limit will not constitute an increase in your Credit Limit. We may reduce or increase your Credit Limit at any time and will notify you accordingly by Periodic Statement or otherwise.
Purchase and Advances. You may make purchases and request advances in accordance with then current loan policies up to your Credit Limit. You understand and agree that all purchases and other transactions requested by you or anyone you have permitted to use the Card(s) and/or Account are subject to our approval.
To make a purchase or obtain an advance, there are two alternative procedures to be followed. One is for you to present the Card or Card number to a participating Visa plan merchant, to us, or to another financial institution, and sign or authorize a sales or cash advance draft. The other is to complete the transaction by using your Personal Identification Number (PIN) in conjunction with the Card in an Automated Teller Machine or other type of electronic terminal that provides access to the Visa system.
Your Card and/or Account may not be used directly or indirectly for: (1) any illegal activity or transaction; or (2) any gambling, gaming, betting, or similar activity or transaction. Further, you may not utilize your Card and/or Account for the purchase of any goods or services on the Internet that involve gambling, gaming, betting, or any similar transaction or activity. Such transactions include, but may not be limited to, any quasi-cash or online gambling transaction, any electronic commerce transaction conducted over an open network, and any betting transaction including the purchase of lottery tickets or casino gaming chips/checks or off-track betting or wagering. However, in the event that a charge or transaction described in this paragraph is approved and processed, you will still be responsible for such charges.
Provided that you are not in default and your right to request advances has not been terminated, suspended, or canceled, you may obtain advances from your Account after the Effective Date. You may obtain advances by purchasing goods, labor, insurance, and/or services (including mail, telephone, and electronic orders) through merchants or other parties that honor the Card (“Purchases”). If applicable, you may also obtain advances (“Cash Advances”) (i) by presenting your Card at any financial institution honoring such Card or (ii) by requesting that an advance be credited to your SCE Federal Credit Union Business checking account or other deposit account designated by you and acceptable to us. The minimum amount of any advance is set forth in the Letter. You authorize us to accept requests by telephone for advances to be transferred to your SCE Federal Credit Union Business checking account or other permitted deposit account, provided that you (or an Authorized User) identify yourself to our satisfaction when requesting such an advance. Each telephone transfer request may take up to three (3) business days to process. All advance requests must be in U.S. Dollars. Advances may be requested by an Authorized User specifically authorized and designated by you for such purpose. You agree to indemnify and hold us harmless, for, from, and against any damages, liabilities, costs, expenses (including attorneys’ fees), or other harm arising out of any claim by you or any third party against us in connection with our performance of transfers as described above. This indemnity will survive termination of your Account and this Agreement.
We will have no obligation to advance funds under your Account if: (i) you fail to make any payment when due; (ii) you or any guarantor is (or would be if we honored your request) in default under or otherwise in violation of the terms of your Account, this Agreement, or any other agreement that you or any guarantor have with us or any of our affiliates; (iii) any guarantor seeks, claims, or otherwise attempts to limit, modify, or revoke such guarantor’s guarantee of your Account or any other credit extension with us or any of our affiliates (whether made to you or to any other party); (iv) you have applied funds provided pursuant to the Account for purposes other than those permitted under the Agreement or authorized by us; (v) your Credit Limit has been or would be exceeded; (vi) your Card or other access device has been reported lost or stolen; (vii) your Purchase or Cash Advance is not signed by an “Authorized User;” (viii) your request is less than the minimum amount required by this Agreement or otherwise is not permitted under the terms of the Agreement; or (ix) we receive conflicting demands from any of you. If we honor any request for an advance under these conditions, then you must repay any such advance with interest in accordance with the terms of this Agreement, subject to applicable law. If we receive conflicting demands or instructions from any of you, then we may, at our option, refuse to make any advance that has not been requested by all of you together. Our liability, if any, for wrongful dishonor of a request for an advance is limited solely to your actual damages. You hereby agree that if we dishonor a proper request for an advance for any reason as provided in the Agreement, it is not a wrongful dishonor. In no event will we be liable for any delay or refusal to follow instructions that occurs as a result of an actual or apparent conflict.
We will not be responsible for the failure or refusal of anyone to honor Cards or other access devices that we supply to you. If a merchant or others who honor your Card agree to give you a refund or adjustment in connection with a Purchase or Cash Advance, then you agree to accept a credit to your Account in lieu of a refund in cash or otherwise. You agree to return for statement verification a record and/or your copy of each sales draft, credit voucher, cash advance draft, or automated teller machine receipt arising from an advance on your Account.
Any Cards or other access devices that we supply to you remain our property and must be returned to us or our agent immediately upon demand. If your Account is terminated for any reason, you must immediately follow our instructions for the return or destruction of all Cards and any other access devices that may have been issued. Any use of any Cards or other access devices following termination may be considered fraudulent. You will remain liable for any further use of Cards or other access devices notwithstanding termination should we honor advances by means of such Cards or other access devices.
The term “Authorized User” means: (i) in the case of a corporation, partnership, or limited liability entity, those individuals authorized and required to sign the Application; (ii) in the case of a sole proprietorship, the owner(s); or (iii) those other individuals designated in your Application as authorized to use Cards and obtain advances. Such Individuals must agree to execute other forms of signature identification as may be required by us.
You agree that each individual who signed the Application (each an authorized “Program Administrator”) will actively manage this Account and any services obtained in connection with this Agreement. You agree and acknowledge that we may rely on all directions and information we receive from each Program Administrator regarding the Account and any services obtained under this Agreement. The Program Administrator’s responsibilities include the following: (i) making Authorized Users aware that advances from the Account are for business use only; (ii) ensuring timely payments; (iii) notifying us immediately, and confirming in writing within two (2) business days, if an Authorized User’s authority to generate advances on the Account has been or will be revoked (because of a termination of employment or for any other reason); (iv) using reasonable efforts to collect and dispose of Cards and other access devices from Authorized Users when authority to generate advances is revoked; and (v) at our request, notifying us of an Authorized User’s last known address and telephone number.
If you have a balance owing on your Account or have any account activity, we will send you a monthly billing statement (each a “Periodic Statement”) that will identify the merchant, electronic terminal, or financial institution at which transactions were made, but sales, cash advance, credit, or other slips cannot be returned with the Periodic Statement. You will retain the copy of such slips furnished at the time of the transaction in order to verify your Periodic Statement. We may charge a reasonable fee for any photocopies or slips you request. Your Periodic Statement will also show the balance of your Account at the beginning of the billing cycle (“Previous Balance”), any new advances, accrued periodic interest owed and other charges, payments made and other credits, and the balance outstanding on the closing date of the billing cycle (“New Balance”). Your Periodic Statement also will identify your Minimum Payment and the date it is due. If you think your Periodic Statement is wrong, or if you need more information about a transaction on your Periodic Statement, write to us (on a separate sheet) at the address listed on your Periodic Statement. In your letter, give us the following information:
After we receive your letter, we will investigate your question. Within ninety (90) days we will either correct the error or send you a letter explaining why we believe your Periodic Statement was correct. We will provide you with photographic or other documentary evidence of each advance upon your reasonable request or upon proper written notice of a billing error.
Every month, you must pay at least the Minimum Payment by the Payment Due Date shown on your Periodic Statement. By separate agreement, you may authorize us to automatically transfer the Minimum Payment from your Credit Union share or share draft account. You may, of course, pay more frequently, pay more, or pay the New Balance in full and you will reduce your periodic FINANCE CHARGE by doing so. The Minimum Payment Due will be either: (a) 3.00% of your New Balance, or $20.00, whichever is greater; or (b) your New Balance, if it is less than $20.00.
In addition, you must pay any amount on your Periodic Statement listed as past due and any late charge. Lastly, at any time your New Balance exceeds your Credit Limit, you must pay the excess as well as any Overlimit Charge.
You understand and agree that any payment made by you will be applied in the following order: (a) unpaid fees and charges, if any; (b) unpaid periodic FINANCE CHARGE due on both purchases and cash advances; (c) outstanding principal balances of cash advances and purchases previously billed; and (d) current cash advances and purchases. If two or more transactions are posted on the same day, your payment will be applied first to the smaller of them.
The unpaid principal balance owing on your Account at any time may be evidenced by a record of the account in which we will make entries for each advance and such other debits and credits as will be appropriate in connection with your Account, or by our internal records, including daily computer reports. All such entries by us will be conclusive evidence of the amount owed absent manifest error. You agree that we may make adjustments to your Account from time to time as required to reflect corrections, such as if advances or credits are posted to the wrong account or in the wrong amount.
Finance Charges: The finance charge for a billing cycle will be the sum of three (3) components:
Average Daily Balance (including new purchases). To avoid incurring an additional Periodic FINANCE CHARGE on the balance of Credit Purchases reflected on your Periodic Statement and on any new Credit Purchases appearing on your next Periodic Statement, you must pay the New Balance shown on your Periodic Statement on or before the Payment Due Date. The Periodic FINANCE CHARGES for a billing cycle are computed by applying the Monthly Periodic Rate to the average daily balance of Credit Purchases, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance is determined by adding to the Previous Balance of Credit Purchases any new Credit Purchases posted to the Account and subtracting any payments as received and credits as posted to the Account, but excluding any unpaid FINANCE CHARGES. You have a 25 day grace period from the close of the statement period to pay the New Balance without incurring additional FINANCE CHARGES. If the New Balance is not paid in full during this grace period, FINANCE CHARGES will be assessed using the Average Daily Balance method as explained above.
Average Daily Balance (including new advances). The Periodic FINANCE CHARGES for a billing cycle are computed by applying the monthly Periodic Rate to the average daily balance of Cash Advances which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. Each daily balance of Cash Advances is determined by adding to the Previous Balance of Cash Advances any new Cash Advances as of the transaction date or the first day of the billing cycle in which posted, whichever is later, and subtracting any payments as received and credits as posted to the Account, but excluding any unpaid FINANCE CHARGES. There is no grace period in order to avoid the imposition of FINANCE CHARGES on cash advances. However, the combination of periodic FINANCE CHARGES, cash advance fee, and Foreign Transactions Fee, will not exceed the ANNUAL PERCENTAGE RATE permitted federal credit unions.
This determines your total FINANCE CHARGE for the billing cycle. Actual FINANCE CHARGES will be shown on your Periodic Statement.
Other Charges. The following other charges will be added to your Account, as applicable:
You agree to send payments on your Account, postage paid, to the payment address indicated on your Periodic Statement or as otherwise permitted or instructed by us. All payments must be made in good funds by check, money order, wire transfer, automatic transfer from your Bay Federal Credit Union Business checking account, or other instrument in U.S. Dollars. Though you need only pay the Minimum Payment, you understand that you have the right to repay your loan at any time without penalty. You also understand and agree that you will only be charged FINANCE CHARGES to the date you repay your entire loan. You may make larger payments without penalty and this may reduce the total amount of FINANCE CHARGES that you will pay. If you pay more than the Minimum Payment Due in any month and there is still a balance due, you must continue to make Minimum Payments in future months. Any partial payment of your loan will not advance your next payment due date(s). You understand and agree that any payment that (a) delays or (b) accelerates the repayment of your unpaid balance will (a) increase or (b) decrease your Monthly Periodic FINANCE CHARGE. You understand and agree that payments made at any other address than as specified by us may result in a delay in processing and/or crediting.
If you request payment by automatic transfer, you understand and agree that no payment can or will be made if there are insufficient or uncollected funds in the designated sub-account to make the scheduled loan payment. Should this event occur, you understand and agree that you will not be released from making the payment. Any automatic transfer you have requested will remain in effect until you cancel it in writing or the Agreement is paid in full. We may cancel this service at our discretion.
We may accept checks, money orders, or other types of payment marked “payment in full” or using other language to indicate full satisfaction of any indebtedness, without being bound by such language or waiving any rights under this Agreement. Full satisfaction of indebtedness shall be accepted by us only in a written agreement, signed by one of our authorized representatives.
You will be considered to be in default if: (a) you do not pay on time or in the proper amount; (b) you fail to adhere to any of the terms of this Agreement; (c) any representation or statement made or furnished to us by you or on your behalf is false or misleading either now or at the time made or furnished; (d) a material change occurs in your ownership or organizational structure (any change in ownership will be deemed material when ownership is closely held); (e) you liquidate or dissolve, or enter into any consolidation, merger, partnership, or joint venture; (f) you sell any assets except in the ordinary course of your business as now conducted, or sell, lease, assign, or transfer any substantial part of your business or fixed assets or any property or other assets necessary for the continuance of your business as now conducted including, without limitation, the selling of any property or other assets accompanied by the leasing back of the same; (g) you cease doing business, become insolvent, a receiver is appointed for all or any part of your property, you make an assignment for the benefit of creditors, or any proceeding is commenced either by you or against you under any bankruptcy or insolvency laws or any other law or laws relating to debtors; (h) any guaranty of your indebtedness to us, whether related or unrelated to your Account, ceases to be in full force and effect or is declared to be null and void; the validity or enforceability thereof is contested in a judicial proceeding; any guarantor denies that he, she, or it has any further liability under such guaranty; or any guarantor defaults in any provision of any guaranty, or any financial information provided by any guarantor is false or misleading); (i) you or any guarantor (whether on your Account or any unrelated amount owed to us by you) dies; if you are a sole proprietorship, the owner dies; if you are a partnership, any general or managing partner dies; if you are a corporation, any principal officer or 10.00% or greater shareholder dies; if you are a limited liability company, any managing member dies; if you are any other form of business entity any person(s) directly or indirectly controlling ten percent (10.00%) or more of the ownership interests of such entity dies; (j) any creditor tries to take any of your property on or in which we have a lien or security interest, whether related or unrelated to your Account, including a garnishment of any of your accounts with us; (k) a judgment or judgments is entered against you or any guarantor(s) (whether on your Account or any unrelated amount owed to us by you) in the aggregate amount of $250 or more that is not satisfied within thirty (30) days or stayed pending appeal; (l) an involuntary lien or liens is attached to any of your or any guarantor’s assets or property (whether on your Account or any unrelated amount owed by you to us) and not satisfied within thirty (30) days or stayed pending appeal; (m) an adverse change occurs in your financial condition or applicable credit histories; (n) we in good faith deem you insecure; (o) you are in default under any agreement for borrowed money or any other material contract; or (p) any of the events described in this default section occurs with respect to any guarantor.
You understand and agree that any breach or default of the terms or conditions under this Agreement shall also be deemed to be a default of any and all other loans or lines of credit you now have with us or obtain in the future with us. Further, you understand and agree that your breach or default of the terms and conditions of any other loan or line of credit with us shall be deemed to be a default of the terms and conditions of this Agreement. This “Cross Default” provision shall not apply to any loan or line of credit secured by real property or where otherwise prohibited by applicable law.
You understand and agree that the personal property security for each loan, line of credit account, and credit card account you have with us (and any and all proceeds thereof), if any, shall secure this account and any and all other loans, line of credit accounts, and credit card accounts you now have with us or obtain in the future with us. In addition, any personal property (an any and all proceeds thereof and all insurance proceeds and insurance premium refunds) securing other loans, lines of credit accounts, and credit card accounts you now have with us or obtain in the future with us will also secure all funds advanced by us under this agreement. This “cross-collateralization” clause shall not apply to any loan, line of credit account, or credit card account secured by real property or where otherwise prohibited by applicable law.
Upon default, the entire unpaid principal balance of your Account and all accrued and unpaid interest thereon and all other sums owing, less any unearned refundable charges (subject to legal limits), will be immediately due and payable and you will immediately pay that amount and we may, but we are not required to, immediately terminate or suspend making advances or otherwise extending any further credit to you under this Agreement. You understand and agree that you will be subject to FINANCE CHARGES (at the applicable Monthly Periodic Rate), late charges, over limit fees, and collection-related charges under the terms disclosed in this Agreement, until you repay your entire loan.
Upon your failure to pay all amounts due pursuant to this Agreement, we may, at our option and if not prohibited by applicable law, immediately increase the ANNUAL PERCENTAGE RATE for each balance on your Account to 18.00% (a corresponding daily periodic rate of 1.50%), so long as ANNUAL PERCENTAGE RATE does not exceed the maximum rate permitted federal credit unions (“Default Rate”). We may hire or pay someone else to help collect your Account if you do not pay. You will pay us any collection costs incurred by us. This includes, subject to any limits under applicable law, our attorneys’ fees and our legal expenses, including attorneys’ fees and legal expenses for bankruptcy proceedings, civil actions, arbitration proceedings, declaratory actions, or other filings or proceedings, declaratory efforts to modify or vacate any automatic stay, or injunction, appeals, and any anticipated post-judgment collection services. You will also pay any court costs, in addition to all other sums provided or allowed by law.
Upon thirty (30) days prior written notice to you, we may terminate your Account and demand full payment for all advances thereunder, together with accrued FINANCE CHARGES (interest) thereon and all other amounts owing under the Account, less any unearned refundable charges (subject to legal limits). If we do so, we will not allow any further advances to you under this Agreement, and you agree to return or destroy any Cards or other access devices immediately. If a request for an advance is presented to us for payment after we terminate your Account and we process it for payment or you otherwise obtain an advance, you agree that we may add the amount of that advance to your outstanding Account balance. In no event will any termination relieve you of your obligation to repay sums already borrowed, FINANCE CHARGES, late charges, over limit charges, and collection-related charges, if any. You may terminate your Account at any time by: (i) paying us in full the outstanding and unpaid principal balance plus accrued interest thereon, and all other sums due less any unearned charges; (ii) notifying us in writing that you are terminating your Account; and (iii) immediately returning or destroying all Cards and other access devices.
You grant to us a contractual, possessory security interest in, and hereby assign, convey, deliver, pledge, and transfer to us all of your right, title, and interest in and to, your SCE Federal Credit Union Business checking account, your other accounts, if any, with us or any of our affiliates (whether savings, business checking account, money market, or some other account), including, without limitation, all accounts you may open in the future, but excluding all IRA, SEP, Keogh, and certain trust accounts. You authorize us and each of our affiliates, to the extent permitted by applicable law, to charge or setoff all sums owing pursuant to the Agreement against any and all such accounts and, at our option, to administratively freeze all such accounts to allow us to protect our charge and setoff rights provided in this paragraph or applicable law.
If we require collateral for your Account, you agree to execute a security agreement and other documents that we deem reasonably necessary to perfect the security interest in the collateral. You authorize us to file financing statements naming you as debtor and describing the collateral.
You may be required to obtain insurance acceptable to us on any physical collateral securing your Account. If required, you may obtain insurance through a company of your choice that is satisfactory to us. Subject to applicable law, if you fail to obtain or maintain the required insurance, we may purchase insurance to protect our own interest and add the premium to your Account balance and/or declare your Account in default.
You and each guarantor (if any) authorize us to obtain business and personal credit bureau reports in your and any guarantor’s name, respectively, at any time and from time to time. You and each guarantor (if any) agree to submit current financial information, a new credit application, or both, in your name and in the name of each guarantor, respectively, at any time and from time to time, promptly upon our request. Based on our review of this information, you understand and agree that we may, at any time and from time to time, at our sole discretion and subject to any applicable notice requirements, increase or decrease your Credit Limit, increase or decrease your ANNUAL PERCENTAGE RATE, or terminate this Agreement, as permitted by applicable law. We may report our credit experiences with you and any guarantor of your Account to third parties. You also agree that we may release information to comply with governmental reporting or legal process which we believe may be required, whether or not such is in fact required, or when necessary or helpful in completing a transaction, or when investigating a loss or potential loss. YOU ARE HEREBY NOTIFIED THAT A NEGATIVE CREDIT REPORT REFLECTING ON YOUR CREDIT RECORD MAY BE SUBMITTED TO A CREDIT REPORTING AGENCY IF YOU FAIL TO FULFILL THE CREDIT OBLIGATIONS HEREUNDER.
Purchases using a Card made in foreign countries and foreign currencies will be billed to you in U.S. dollars. The conversion rate to dollars will be made in accordance with the operating regulations for international transactions established by VISA International, Inc.
If a transaction is made at a merchant or ATM that uses a currency other than U.S. dollars, Visa International, Inc. will convert the charge into a U.S. dollar amount. Visa will use the government-mandated conversion rate in U.S. dollars or a wholesale currency market rate based on the transaction processing date.
You understand that we have no control over the conversion rate and that the currency conversion rate used by Visa on the processing date may differ from the rate that would have been used on the purchase date or the cardholder statement posting date.
A separate Visa International Service Assessment (ISA) Fee FINANCE CHARGE of 3% will apply for each foreign currency transaction. The ISA fee will be charged directly to us and passed through to you and will appear on your Periodic Statement as an additional charge.
Each Guarantor jointly, severally, and unconditionally guarantees payment of, and agrees to pay to our order upon demand, all present and future obligations at any time outstanding under your Account pursuant to this Agreement or any extension, renewal, or modification hereof. The obligations under this guaranty are independent, and each Guarantor agrees as follows: (i) we may obtain consumer credit reports on and provide information to others regarding such Guarantor; (ii) such Guarantor will pay all our expenses, including our attorneys’ fees, that we incur in enforcing all obligations under this Agreement, including this guaranty; and (iii) such Guarantor hereby grants to us a security interest in all deposit accounts that such Guarantor may maintain with us or any of our affiliates (excluding IRA, Keogh, SEP, and certain trust accounts). This is a guaranty of payment and performance and not of collection. To the extent permitted by law, each Guarantor waives: (a) any right to require us to proceed against any other person associated with the Account; (b) any right to require us to proceed against or exhaust any security held by us at any time or to pursue any other remedy before proceeding against such Guarantor; (c) all notices of any kind or the lack of any notice, including notice of any new or additional indebtedness, any modification of any obligation, or obligation or notice of any action or non-action on the part of you, us, any Guarantor, or any other person; (d) any defense based upon an election of remedies by us; (e) any right or claim of right to cause a marshalling of your assets or of any Guarantor; (f) any invalidity, irregularity, or unenforceability, in whole or in part, of this Agreement; (g) any right or claim of right to agree to any modification of any obligation and any modifications of any of your obligations relating to this Account by operation of law or by action of any court, whether pursuant to the Bankruptcy Act or any other Federal or State debtor relief law; (h) any action, occurrence, event, or matter consented to by such Guarantor; and (i) the benefits of any statutory or other provision limiting the liability of a surety to the extent of any conflict between the foregoing waivers and any waivers contained in this Agreement, provided that the waiver in each instance most expansive and beneficial to us will be deemed to control.
We may delay or waive the enforcement of any of our rights under this Agreement or applicable law, without losing the delayed or waived right or any other right. If we delay or waive any of our rights, we may enforce that right at any time in the future without advance notice. For example, not terminating your Account for non-payment will not constitute any waiver of our right to terminate your Account in the future if you have not paid as required by this Agreement.
Except as otherwise provided in this Agreement, notice under this Agreement must be in writing. Notices will be deemed given when deposited in the U.S. mall, postage prepaid, first class mail, when delivered in person or when sent by registered mail, by certified mail, or by nationally recognized overnight courier. Notice to you will be sent to your last known address in our records for this Account, attention: Program Administrator. Notice to any of you will be deemed notice to all of you. Notice to us may be sent to: SCE Federal Credit Union, P.O. Box 8017, El Monte, CA, 91734, Attention: Electronic Services. You agree to notify us immediately if you change your name, your address, or other contact information or your employer, if there are any errors in your Periodic Statement, if you lose any access device or any access service or device is compromised, if any unauthorized person uses your Account or if any of you dies, is declared incompetent, or is the subject of a bankruptcy or insolvency proceeding. You agree that a notice of incompetence is not effective unless issued by a court having jurisdiction and we receive notice and instruction from the court. Notwithstanding the above, we may, at our option, accept other evidence of incompetence acceptable to us, and you agree to indemnify and hold us harmless from and against any and all claims relating to acceptance or non-acceptance of proof of incompetence in any transaction. This indemnity will survive termination of your Account and this Agreement.
You may be liable for the unauthorized use of the Card and/or the Account. You will not be liable for unauthorized use that occurs after you provide notification by calling 626.960.6888 or after hours at 800.325.3678, or when we receive notice in writing at PO Box 8017, El Monte CA 91734, of the loss, theft, or possible unauthorized use. In any case, your liability for unauthorized use will not exceed $50. Your liability may be lower in cases of Visa Credit Card fraud in accordance with current Visa U.S.A., Inc. Operating Regulations.
Except for any notices provided for in this Agreement, you and any person who has obligations pursuant to this Agreement (e.g., a guarantor), to the extent not prohibited by applicable law, hereby waive demand, notice of nonpayment, notice of intention to accelerate, notice of acceleration, presentment, protest, notice of dishonor, and notice of protest. To the extent permitted by applicable law, you and any person who has obligations pursuant to this Agreement also agree: we are not required to file suit, show diligence in collection against you or any person who has obligations pursuant to this Agreement, or proceed against any collateral; we may, but will not be obligated to, substitute, exchange, or release any collateral; we may release any collateral, or fail to realize upon or perfect our security interest in any collateral; we may, but will not be obligated to, sue one or more persons without joining or suing others; and we may modify, renew, or extend this Agreement repeatedly and for any length of time without notice to or approval by any person who has obligations pursuant to this Agreement other than the party with whom the modification, renewal, or extension is made.
You understand that neither we, nor any of our employees or representatives, make any representation of warranty whatsoever concerning the tax consequences of your establishing and using your Account, including the deductibility of interest, and that neither we, nor any of our employees or representatives, will be liable in the event interest on your Account is not deductible. You should consult your own tax advisor for guidance on this subject.
Without prior notice or approval by you, we reserve the right to sell or transfer all or any portion of our interest in this Agreement to another lender, entity, or person. Your rights and obligations under this Agreement belong solely to you and may not be transferred or assigned by you. Your obligations however, are nonetheless binding upon you and your heirs, legal representative, successors, and assigns.
This Agreement is entered into and will be performed in California and all questions relating to its validity, interpretation, performance, and enforcement shall be governed by and construed in accordance with the internal laws of the State of California, notwithstanding any conflict-of-laws doctrines of such state or other jurisdiction to the contrary. You agree to submit to the personal jurisdiction of the courts of the State of California.
Interpretation. The headings given to paragraphs or sections in the Agreement are for convenience of reference only. They are not to be used to interpret or define the provisions of this Agreement. This Agreement is the best evidence of your agreement with us. If a court responsible for interpreting the Agreement finds that any provision of this Agreement is not valid or should not be enforced, that fact by itself will not mean that the rest of the Agreement will not be valid and enforced and, to the extent permitted by law, the rest of the Agreement is therefore binding, valid, and enforceable. If you or we go to court or otherwise seek to enforce the Agreement, we may, to the extent permitted by law, use a copy, filmed or electronic, of any Periodic Statement, the Agreement, or any other document to prove what you owe us or that a transaction has taken place. The copy of the microfilm, microfiche, or optical image will have the same validity as the original. You agree that, except to the extent you can show there is a manifest billing error, our most current Periodic Statement, if any, is the best evidence of your obligation to pay.
The Application for this Account also serves as a request to receive offers of any related new services (such as access devices) which may be available from us at some future time and for which we consider you to be eligible in our sole discretion, reasonably exercised. You understand that this request is voluntary and that you may refuse any of these new services at the time they are offered. You further understand that the terms and conditions of this Agreement, together with any specific terms covering the new service, will govern any transactions made pursuant to any of these new services.
This Agreement is the contract which applies to all transactions on the Account even though the sales, cash advance, credit, or other slips you sign or receive may contain different terms. You understand and agree that we may amend, modify, add to, or delete from this Agreement any of its terms and conditions, including the method of application and the amount of FINANCE CHARGE, effective as to any unpaid balance outstanding and any subsequent advance, by mailing a notice of the change to you at your last known address. You also understand that any such notice will be mailed at least fifteen (15) days prior to the effective date of the change as required by federal or other law. Notice of a change in terms is required, but may be sent as late as the effective date of the change where the change has been agreed to, in writing, by you.
In order to ensure a high quality of service for our cardholders, we may monitor and/or record telephone calls between you and our employees. You acknowledge that we may do so and agree in advance to any such monitoring or recording of telephone calls.
This agreement represents the final agreement between the parties and, to the fullest extent permitted by applicable law, may not be contradicted by evidence of prior, contemporaneous, or subsequent oral agreements of the parties. There are no unwritten or oral agreements between the parties.
You acknowledge having read and understood all the provisions of this Agreement. You agree to the terms of this Agreement, unless we are notified otherwise in writing prior to the first advance that includes your signature or the signature of an Authorized User or any use of your Card (by you or an Authorized User), whichever occurs first. You agree to sign and, if appropriate, have Authorized Users sign in the space provided for authorized signatures on your Card, prior to any use of your Card.
Your signature (including any electronic or digital signature) on any Application or any other document required by us in connection with this Agreement or your Account (such as any personal guarantees or security agreements) is hereby incorporated into and made a part of this Agreement.
You understand and agree that the business must be and remain a member in good standing with us to be eligible for continuing Account and/or Card privileges, including future purchases and advances. You understand and agree that we may suspend the Account and/or Card privileges during any period in which the business does not maintain its membership with us.
|Interest Rates and Interest Charges|
|Annual Percentage Rate (APR) for Purchases, Balance Transfers or Cash Advances||Visa Platinum - variable rate|
2.90% introductory APR for a period of six (6) billing cycles.
After that, 15.25% to 18.00% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
Secured Platinum - variable rate
17.50% variable. This APR will vary with the market based on the Prime Rate.
Teen Platinum - fixed rate
2.90% introductory APR for a period of six (6) billing cycles.
After that, 12.50% fixed.
|Paying Interest||My due date is at least 25 days after the close of each billing cycle. You will not charge me interest on purchases if I pay my entire balance by the due date of each month. You will 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 when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau.|
How You Will Calculate My Balance: You will use a method called “average daily balance (including new transactions).” See the Credit Card Agreement for more details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Credit Card Agreement.
Variable APRs: Based on Prime Rate as listed on The Wall Street Journal on the 1st day of the month.
Visa Platinum Accounts, we add between 6.75% to 14.00% to the Prime Rate to determine the APR based on your creditworthiness for Purchase/Balance Transfer and Cash Advances.
Visa Platinum Secured Accounts, we add 9.25% to the Prime Rate to determine the APR based on your creditworthiness for Purchase/Balance Transfer and Cash Advances.
Military Lending Act Disclosures: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an Annual Percentage Rate of 36 percent. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account).
In this Agreement and Disclosure Statement, the words “I,” “me,” “my,” and “mine” mean each and all of those who apply for or use the SCE Federal Credit Union Visa® Card and/or Visa Account. “Credit Union,” “you,” “your,” and “yours” mean SCE Federal Credit Union. “Card” means the Visa Card issued to me and any duplicates and/or renewals you may issue. “Account” means my Visa Card Account with you.
By requesting and receiving, signing, using, or permitting others to use the Card and/or Account issued to me by you, I agree to be bound by the terms and conditions as set forth herein and any amendments thereto.
In no event shall we have any liability to you or any third-party for any indirect, special or consequential damages resulting from or arising out of this agreement.
I authorize you to pay and charge my Account for all Purchases, Balance Transfers, and Cash Advances made or obtained by me or anyone I authorize to use my Card or Account. I will be obligated to pay all such Purchases, Balance Transfers, and Cash Advances charged to my Account whether resulting from: (1) actual use of my Card or Convenience Checks; (2) mail order or telephone, computer, or other electronic Purchases made without presenting the Card; or (3) any other circumstance where I authorize a charge, or authorize someone else to make a charge, to my Account (collectively, “authorized charges”). I promise to pay you or to your order in US Dollars with an instrument drawn on a financial institution in the United States at your office or at the address set forth on my periodic statement all authorized charges on the terms and at the rates set forth herein, plus any Finance Charges assessed on my Account, and any other charges and fees which I may owe you under the terms of this Agreement and Disclosure Statement (the “Account Balance”). Payments will continue until I have paid in full the Account Balance.
Account and agreement terms are not guaranteed for any period of time. I understand and agree that you may amend, modify, add to, or delete from this Agreement and Disclosure Statement any of its terms and conditions, including financial terms such as the method of application and the amount of any Interest Charge, Transaction Fee, or other Finance Charge, Annual Percentage Rate, monthly periodic rate, and/or fee in accordance with applicable laws. If required by applicable law, you will mail a notice of the change to me at my last known address. I also understand that in the event of a significant change, as defined under the Federal Truth in Lending Act, any such notice will be mailed at least forty-five (45) days prior to the effective date of the significant change as required by applicable law. If you are required by applicable law to provide me a right to reject significant changes to this Agreement and Disclosure Statement prior to the effective date of such changes, you will provide me with an explanation of how to reject the significant changes, unless I fail to make a required minimum payment within sixty (60) days after its due date. You may change the terms of this Agreement and Disclosure Statement based on information in my credit report, market conditions, business strategy or for any other reason. Notice of a change in terms is required, but may be sent as late as the effective date of the change where the change has been agreed to in writing, by me.
I understand that a portion of my Finance Charges incurred during a billing cycle will include my Interest Charges incurred during that billing cycle. The Interest Charge for a billing cycle will be calculated by applying my Monthly Periodic Rate to my Average Daily Balance. I understand and agree that under the “Change of Terms” section above, you have the right in your sole and absolute discretion to change the amount of any Annual Percentage Rate, Monthly Periodic Rate and/or Interest Charge that may apply to my Account.
Monthly Periodic Interest Charge, Monthly Periodic Rate, and Annual Percentage Rate for Cash Advances, Balance Transfers, and Purchases: The Monthly Periodic Rate used in calculating the Monthly Periodic Interest Charge for Cash Advances, Balance Transfers, and Purchases is based upon the “Prime Rate” as published in the “Money Rates” section of the print edition of the Wall Street Journal (the “Index”). My Annual Percentage Rate for Cash Advances, Balance Transfers, and Purchases is determined by adding a “Margin” to the Index in effect as of the 1st day of the month preceding the month of my Adjustment Date. The Initial Monthly Periodic Rate in effect as of the date of this Agreement and Disclosure Statement is set forth in the Account Opening Disclosure.
If I have a variable rate Visa, my Annual Percentage Rate may increase or decrease every quarter. Any such change will be based on an increase or decrease in the “Index”. In the event that the Prime Rate ceases to be published, changes in the Annual Percentage Rate will be related to a comparable Index. You may waive an increase in the Annual Percentage Rate when such an increase can be made, but such a waiver shall not be construed as a waiver of your right to increase the Annual Percentage Rate at a future date when entitled to do so.
If I have a variable rate Visa, my Annual Percentage Rate is subject to change quarterly on the 1st day of January, April, July and October or each year. These dates shall be known as “Adjustment Dates.” The Index in effect on the first (1st) day of the preceding month shall be used to calculate the Annual Percentage Rate change effective on the Adjustment Date. For example, the Index in effect on March 1st shall be used to calculate the Annual Percentage Rate change effective on April 1st of the same year. All other Adjustment Date rate changes will follow the same pattern, except that the Index in effect on December 1st shall be used to calculate the Annual Percentage Rate change effective January 1st of the following year.
The maximum Annual Percentage Rate during the term of this Agreement and Disclosure Statement is 18%. Decreases in the Annual Percentage Rate in accordance with the terms of the Agreement and Disclosure Statement are mandatory. Increases in the Annual Percentage Rate in accordance with the terms of the Agreement and Disclosure Statement are at your discretion. Any increase or decrease in the Annual Percentage Rate will result in changes in the amount and/or number of payments required to repay the unpaid balance.
The Monthly Periodic Rate is determined by dividing the Annual Percentage Rate by 12 and will change when the Annual Percentage Rate changes
I understand that, in addition to Interest Charges incurred during a billing cycle another portion of my Finance Charges incurred during a billing cycle may include Transaction Fees incurred during that billing cycle. I understand and agree that under the “Change of Terms” section above, you have the right in your sole and absolute discretion to change the amount of any Transaction Fee that may apply to my Account. My Transaction Fees for a billing cycle will be the sum of the three (3) components below, each of which is a Finance Charge.
The above Transaction Fees and other fees for the billing cycle will be shown on my periodic statement.
I authorize you to investigate my credit standing when opening, renewing, or reviewing the Account, and I authorize you to disclose information regarding the Account to credit bureaus and other creditors who inquire of you about my credit standing to the extent authorized by law.
Average Daily Balance (including new purchases). You figure a portion of the Interest Charge on my Account by applying the Purchase Monthly Periodic Rate to the Average Daily Balance of Credit Purchases (including current Purchase transactions). To get the Average Daily Balance of Purchase transactions you take the beginning balance of Purchase transactions on my Account each day, add any new Purchases, and subtract any payments or credits, and unpaid Interest Charges and other Finance Charges. This gives you the daily balance of Purchase transactions. Then, you add up all the daily balances of Purchase transactions for the billing cycle and divide the total by the number of days in the billing cycle. This gives you the Average Daily Balance of Purchase transactions.
I have at least a 25 day grace period from the close of each billing cycle to pay the New Balance without incurring additional Interest Charges provided that either: (1) you received payment in full of the ending balance for the previous billing cycle by the Payment Due Date disclosed in the previous billing cycle’s periodic statement; or (2) the previous billing cycle’s ending balance was $0. If I have a grace period to pay the New Balance for any billing cycle, and do not pay the New Balance in full during this grace period, Interest Charges will be assessed on any portion of the New Balance not paid during the grace period using the Average Daily Balance method as explained above. The Payment Due Date disclosed on each periodic statement provided to me is the last day of my grace period for that statement’s billing cycle.
Average Daily Balance (including current Cash Advance transactions). You figure a portion of the Interest Charge on my Account by applying the Monthly Periodic Rate to the Average Daily Balance of Cash Advances (including current Cash Advances). To get the Average Daily Balance of Cash Advance transactions you take the beginning balance of Cash Advance transactions on my Account each day, add any new Cash Advances, and subtract any payments or credits, and unpaid Interest Charges and other Finance Charges. This gives you the daily balance of Cash Advance transactions. Then, you add up all the daily balances of Cash Advance transactions for the billing cycle and divide the total by the number of days in the billing cycle. This gives you the Average Daily Balance of Cash Advance transactions.
There is no grace period in order to avoid the imposition of Interest Charges on Cash Advances.
Average Daily Balance (including current Balance Transfer transactions). You figure a portion of the Interest Charge on my Account by applying the Monthly Periodic Rate to the Average Daily Balance of Balance Transfers (including current Balance Transfers). To get the Average Daily Balance of Balance Transfer transactions you take the beginning balance of Balance Transfer transactions on my Account each day, add any new Balance Transfer transactions, and subtract any payments or credits, and unpaid Interest Charges and other Finance Charges. This gives you the daily balance of Balance Transfer transactions. Then, you add up all the daily balances of Balance Transfer transactions for the billing cycle and divide the total by the number of days in the billing cycle. This gives you the Average Daily Balance of Balance Transfer transactions.
There is no grace period in order to avoid the imposition of Interest Charges on Balance Transfers.
This determines my total Interest Charge for the billing cycle. Actual Interest Charges will be shown on my periodic statement. The combination of periodic Interest Charges, Cash Advance Fee, Balance Transfer Fee, and Foreign Transactions Fee, will not exceed the Annual Percentage Rate permitted under applicable law.
Every month, I must pay at least the Minimum Payment Due by the Payment Due Date shown on my periodic statement. By separate agreement, I may authorize you to automatically transfer the Minimum Payment Due from my Credit Union share or share draft account. I may, of course, pay more frequently, pay more, or pay the Account Balance in full, and I will reduce my periodic Interest Charge by doing so. The Minimum Payment Due will be either: (a) 2% of my Account Balance, or $25, whichever is greater; or (b) my Account Balance, if it is less than $25.
In addition, I must pay any amount on my periodic statement listed as past due and any late charge. Lastly, at any time my Account Balance exceeds my Credit Limit, I must pay the excess.
I understand and agree that any Minimum Monthly Payment made by me will be applied in the following order: (a) unpaid fees and charges, if any; (b) unpaid periodic Interest Charges, Transaction Fees, and other Finance Charges due on Purchases, Balance Transfers, and Cash Advances; (c) outstanding balances of Cash Advances, Balance Transfers, and Purchases previously billed; and (d) current Cash Advances, Balance Transfers, and Purchases. If two or more transactions are posted on the same day, my payment will be applied first to the smaller of them. Any payment I make in excess of the Minimum Monthly Payment will be applied to my balances subject to the highest Annual Percentage Rate first, then to balances subject to lower Annual Percentage Rates, in descending order of Annual Percentage Rates until all balances subject to an Annual Percentage Rate rate are paid in full. Thereafter, you will apply all payments in excess of the Minimum Monthly Payment, if applicable, in the same order as you apply the Minimum Monthly Payment. Payments of $5,000 or more will be subject to a five (5) day hold before available funds are released.
My Account has a Credit Limit that is established by you. You may increase or decrease my Credit Limit at any time and you may notify me of such increase or decrease by mail or through a statement sent to the primary Accountholder’s address of record, in accordance with applicable legal requirements. You will provide me oral or written notice of any decrease in my Credit Limit. If I object to any Credit Limit increase, I must notify you immediately. I or my joint applicant for the Account may request a change to the Credit Limit orally, in writing, or electronically, but any such request must be approved by you. If my Credit Limit is increased, I am immediately responsible for the new Credit Limit and any increase in the Account Balance even when it differs from an amount previously agreed to orally or in writing.
If a payment that was applied to my Account is returned to you unpaid for any reason, I will be charged a $25 Returned Payment Fee. This fee will also apply to any payments made by automatic transfer that cannot be posted due to insufficient funds in my regular share or checking account.
For each Cash Advance, a 3% Cash Advance Fee of the amount of the Advance will be charged for each Cash Advance transaction. Cash Advance transactions include ATM withdrawals, online funds transfers, telephonic funds transfers, and in person Cash Advances at a financial institution’s branch from the Account.
I understand that I can request a Balance Transfer transaction, which allows me to pay a portion or the entire balance of a credit card account I maintain with another institution. Any request I make for a Balance Transfer is subject to your approval, based on my Credit Limit, my creditworthiness, and my good standing as a member. If you approve my requested Balance Transfer transaction, a 3% Balance Transfer Fee the amount of the Balance Transfer will be charged for each Balance Transfer transaction.
You will charge a Late Payment Fee of $25 with respect to any monthly billing cycle as a late payment fee on the minimum payment due that is not paid by the date the payment is due. However, the late charge shall not exceed the maximum amount permitted under applicable state law.
I may make Purchases and request Advances in accordance with then current loan policies up to my Credit Limit. I understand and agree that all Purchases and other transactions requested by me or anyone I have permitted to use the Card(s) and/or Account are subject to your approval.
To make a Purchase or obtain an Advance, there are two alternative procedures to be followed. One is for me to present the Card or Card number to a participating Visa plan merchant, to you, or to another financial institution, and sign or authorize a sales or Cash Advance draft. The other is to complete the transaction by using my Personal Identification Number (PIN) in conjunction with the Card in an Automated Teller Machine or other type of electronic terminal that provides access to the Visa system.
My Card and/or Account may not be used directly or indirectly for: (1) any illegal activity or transaction; or (2) any gambling, gaming, betting, or similar activity or transaction. Further, I may not utilize my Card and/or Account for the purchase of any goods or services on the Internet that involve gambling, gaming, betting, or any similar transaction or activity. Such transactions include, but may not be limited to, any quasi-cash or online gambling transaction, any electronic commerce transaction conducted over an open network, and any betting transaction including the purchase of lottery tickets or casino gaming chips/checks or off-track betting or wagering. However, in the event that a charge or transaction described in this paragraph is approved and processed, I will still be responsible for such charges.
If I have signed a separate Pledge of Shares Securing a Visa Card Account Agreement, I understand and agree that I am pledging, under the Uniform Commercial Code, shares now on deposit in my regular share account(s). I understand that I must, at all times, keep a sum equal to my credit limit on deposit in my regular share account(s) until I repay my entire loan and the Account is terminated. I understand and agree that this security interest will cover future purchases and advances under this Agreement and Disclosure Statement. If I default, you may apply these shares to repay my loan in accordance with federal or other law. I understand that the Annual Percentage Rate, quoted on my Visa Acceptance Letter, does not take into account the amount pledged in my regular share account(s).
In the event a use of the Card or the Account number of the Card constitutes an Electronic Fund Transfer, the terms and conditions of my Electronic Fund Transfer Agreement and Disclosure with you shall govern such transactions to the extent the Electronic Fund Transfer Agreement and Disclosure expands or amends this Agreement and Disclosure Statement.
Though I need only pay the Minimum Payment Due, I understand that I have the right to repay my Account Balance at any time without penalty. I also understand and agree that I will only be charged Interest Charges to the date I repay my entire Account Balance. I may make larger payments without penalty and this may reduce the total amount of Interest Charges that I will repay. If I pay more than the Minimum Payment Due in any month and there is still a balance due, I must continue to make Minimum Payments in future months. Any partial payment of my Account Balance will not advance my next payment due date(s). I understand and agree that any payment that (a) delays or (b) accelerates the repayment of my Account Balance will (a) increase or (b) decrease my Monthly Periodic Interest Charge.
If I request payment by automatic transfer, I understand and agree that no payment can or will be made if there are insufficient or uncollected funds in the designated sub-account to make the scheduled payment. Should this event occur, I understand and agree that I will not be released from making the payment. Any automatic transfer I have requested will remain in effect until I cancel it in writing or the Agreement is paid in full. You may cancel this service at your discretion.
I will be in default if: 1) I do not pay on time or in the proper amount(s); 2) I fail to live up to any of the terms of this Agreement & Disclosure Statement; 3) my creditworthiness is impaired; or 4) I die, become insolvent, or am the subject of bankruptcy or receivership proceedings. In the event of any action by you to enforce this Agreement and Disclosure Statement, I agree to pay the costs thereof, reasonable attorneys’ fees, and other expenses. I understand and agree that Interest Charges at the Annual Percentage Rate as permitted under this Agreement and Disclosure Statement will continue to accrue until I repay my entire Account Balance.
I understand and agree that my breach or default of the terms and conditions of this agreement of my Visa Credit Card Account shall also be deemed to be a default of any and all other Loan or Line of Credit Account I now have with you or obtain in the future with you. Further, I understand and agree that my breach or default of the terms and conditions of any other Loan or Line of Credit Account I now have with you or obtain in the future with you shall be deemed to be a default of the terms and conditions of the agreement for this Visa Credit Card Account. This “Cross Default” agreement shall not apply to any Loan or Line of Credit Account secured by real property or where otherwise prohibited by Federal or State Law or Regulation.
Upon my default, I understand and agree that you have the right to temporarily or permanently suspend any and all Account and Card privileges and/or you may demand immediate payment of the Account Balance, including Interest Charges, Transaction Fees, and other Finance Charges, late charges, and your collection costs, reasonable attorneys’ fees, and court costs (collectively, “collection-related charges”). I understand and agree that I will be subject to Interest Charges (at the applicable Monthly Periodic Rate), Transaction Fees, and other Finance Charges, late charges, and collection-related charges under the terms disclosed in this Agreement and Disclosure Statement, until I repay my entire Account Balance.
I understand and agree that the personal property security for each loan, line of credit account and credit card account I have with you (and any and all proceeds thereof), if any, shall secure this Visa Credit Card account and any and all other loans, lines of credit accounts and credit card accounts I now have with you or obtain in the future with you. In addition, any personal property (and any and all proceeds thereof and all insurance proceeds and insurance premium refunds) securing other loans, line of credit accounts and credit card accounts I now have with your or obtain in the future with you will also secure all funds advanced by you under this Visa Credit Card account. This “Cross Collateralization” agreement shall not apply to any loan, line of credit agreement or credit card agreement secured by real property or where otherwise prohibited by federal or state law or regulation.
I agree to repay you according to the terms of this Agreement and Disclosure Statement for all Purchases, Advances, Balance Transfers, Interest Charges, Transaction Fees, and other Finance Charges, and late charges (if any) and other fees, arising from the use of the Account by me or any other person I permit to use the Account, even if that person exceeds my permission. I cannot disclaim responsibility by notifying you, although you will close the Account if I so request and I will return all Cards to you. My obligation to pay the Account Balance continues even though an agreement, divorce decree, or other court judgment to which you are not a party may direct me or one of the other persons responsible to pay the Account. Any person using the Account and/or Card is jointly and severally responsible with me for charges he or she makes, but if that person signs the Card he or she becomes a party to this Agreement and is also responsible for all charges on the Account, including mine. The Cards remain your property and I must recover and surrender to you all Cards upon your request and/or upon termination of this Account.
If I notice the loss or theft of my Card or a possible unauthorized use of my Card, I should write to you immediately at: PO Box 8017, El Monte, CA 91734, or call you at 626.960.6888 or after business hours at 800.325.3678.
I will not be liable for any unauthorized use that occurs after I notify you. I may, however, be liable for unauthorized use that occurs before my notice to you. In any case, my liability will not exceed $50. My liability may be lower in cases of Visa® Card fraud in accordance with Current Visa® USA, Inc. Operating Rules.
You may terminate this Agreement and Disclosure Statement upon my default. Either you or I may terminate this Agreement and Disclosure Statement for other good cause. In no event shall any termination relieve me of my obligation to repay the entire Account Balance. I agree to return all the Cards issued to me or any party designated by me.
My periodic statement will identify the merchant, electronic terminal, or financial institution at which transactions were made, but sales, Cash Advance, credit, or other slips cannot be returned with the periodic statement. I will retain the copy of such slips furnished at the time of the transaction in order to verify my periodic statement. You may make a reasonable charge for any photocopies or slips I request.
You are not responsible for the refusal of any plan merchant or financial institution to honor the Account and/or Card. You are subject to claims and defenses (other than tort claims) arising out of goods or services I purchase with the Card only if I have made a good faith attempt but have been unable to obtain satisfaction from the plan merchant, and (a) my purchase was made in response to an advertisement you sent or participated in sending me; or (b) my purchase cost more than $50 and was made from a plan merchant in my state or within 100 miles of my current mailing address. Any other dispute I must resolve directly with the plan merchant.
Purchases, Cash Advances, and credits made in foreign currencies will be billed to my Account in US dollars. The conversion to US dollars will be made in accordance with the Visa operating regulations for international transactions. You understand and agree that a 1% fee for international transactions will be added to the amount of the Purchase, Cash Advance, or credit, regardless of whether the international transaction requires a currency conversion. In the event that an international transaction is converted to US dollars, the exchange rate between the transaction currency and the billing currency used for processing international transactions is 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 the government-mandated rate in effect for the applicable central processing date. The conversion rate may be different than the rate on the day of the transaction or date of the posting of the Account. When a credit to the Account does not fully offset a charge to the Account due to changes in the rate, I am responsible for the difference.
Merchants and others who honor the Account and/or Card may give credit for returns or adjustments, and they will do so by sending you a credit slip which you will post to the Account. If my credits and payments exceed what I owe you, you will hold and apply this credit balance against future Purchases and Cash Advances, or if it is $1 or more, refund it on my written request or automatically after six (6) months.
The Card(s) remains your property and, if you request, I must surrender to you all Card(s) you have issued on the Account.
I will notify you at once if I believe that the Card, Account number, PIN, or any combination of the three has been lost or stolen by immediately calling you at 626.960.6888 or after hours at 800.325.3678. Telephoning is the best way of keeping my possible losses down. I understand that my total liability to you shall not exceed $50 for any Account and/or Card transactions resulting from the loss, theft, or other unauthorized use of the Account and/or Card that occurs prior to the time I give notice to you. Such liability does not apply when the Account and/or Card is used to make an electronic transfer.
You may accept checks, money orders, or other types of payment marked “payment in full” or using other language to indicate full satisfaction of any indebtedness without being bound by such language or waiving any rights under this Agreement and Disclosure Statement. Full satisfaction of indebtedness shall be accepted by you only in a written agreement, signed by an authorized representative.
You can delay enforcing any of your rights under this Agreement and Disclosure Statement without losing them.
I understand and agree that this Agreement and Disclosure Statement is made in California and shall be governed by the laws of the State of California to the extent that California law is not inconsistent with controlling federal law. I also understand and agree that California’s choice of law rules shall not be applied if they would result in the application of non-California law.
Any separate sheet of paper labeled “Additional Disclosure – Federal Truth-in-Lending Act”, “Visa Acceptance Letter”, “Pledge of Shares Securing a Visa Credit Card Account Agreement and Additional Federal Truth-in-Lending Disclosure Statement”, which is delivered together with this Agreement and Disclosure Statement is an integrated part of the Agreement and Disclosure Statement.
I understand and agree that I must be and remain a member in good standing with you to be eligible for continuing Account and/or Card privileges including future Purchases and Advances. I understand and agree that you may suspend the Account and/or Card privileges during any period in which I do not maintain my membership with you.
I understand and agree that I must report to you any change in my name, address, or employment status.
I understand that Debt Protection is not required by you to obtain my Account. I acknowledge receiving a copy of the Debt Protection Application and have made the choice of the coverage indicated thereon. I understand and agree that the cost of the Debt Protection coverage will be added to my unpaid balance on the last day of my Billing Cycle and will accrue Interest Charges from the day they are added.
The information provided in my request for credit (Application) is accurate and I will notify you in writing immediately if there is a change in my financial condition. You may retain the Application. I understand that it is a violation of Section 1014, Title 18, US Code to make false statements or over value security for the purpose of influencing the action of any federally insured credit union. You may gather credit and/or employment information you deem necessary and appropriate from time to time and you may give information concerning your credit experience with me to others.
By the activation and use of this Account I acknowledge receipt of a copy of this Visa Card Agreement and Federal Truth-in-Lending Disclosure Statement and agree to accept its terms.
See the statement below for important information regarding my right to dispute billing errors.
Keep this Notice for future use.
This notice tells me about my rights and your responsibilities under the Fair Credit Billing Act.
If I find a mistake on my statement
If I think there is an error on my statement, I must write to you at:
SCE Federal Credit Union
PO Box 8017
El Monte, CA 91734
In my letter, I must give you the following information:
I must contact you:
I must notify you of any potential errors in writing [or electronically]. I may call you, but if I do you are not required to investigate any potential errors and I may have to pay the amount in question.
When you receive my letter, you must do two things:
While you investigate whether or not there has been an error:
After you finish your investigation, one of two things will happen:
If I receive your explanation but still believe my bill is wrong, I must write to you within ten (10) days telling you that I still refuse to pay. If I do so, you cannot report me as delinquent without also reporting that I am questioning my bill. You must tell me the name of anyone to whom you reported me as delinquent, and you must let those organizations know when the matter has been settled between us.
If you do not follow all of the rules above, I do not have to pay the first $50 of the amount I question even if my bill is correct.
If I am dissatisfied with the goods or services that I have purchased with my credit card, and I have tried in good faith to correct the problem with the merchant, I may have the right not to pay the remaining amount due on the purchase.
To use this right, all of the following must be true:
If all of the criteria above are met and I am still dissatisfied with the purchase, I must contact you in writing at:
SCE Federal Credit Union
PO Box 8017
El Monte, CA 91734
While you investigate, the same rules apply to the disputed amount as discussed above. After you finish your investigation, you will tell me your decision. At that point, if you think I owe an amount and I do not pay, you may report me as delinquent.
I may also access my Visa Account by utilizing the Visa Convenience Checks or Visa Letter Checks that are provided.
To report a lost or stolen card, please call 800.325.3678.
Your Guide to Benefit describes the benefit in effect as of 7.1.20. Benefit information in this guide replaces any prior benefit information you may have received. Please read and retain for your records. Your eligibility is determined by SCE Federal Credit Union (SCE FCU).
Travel Accident Insurance Description of Coverage
Principal Sum: $500,000
In no event shall we have any liability to you or any third-party for any indirect, special or consequential damages resulting from or arising out of this agreement.
This Description of Coverage is provided to all eligible Platinum/Platinum Rewards cardholders and replaces any and all Descriptions of Coverage previously issued to the insured with respect to insurance described herein.
As a Platinum/Platinum Rewards cardholder, you are covered beginning on 7/1/20 or the date your credit card is issued, whichever is later.
You and your dependents1 become covered automatically when the entire Common Carrier fare is charged to your covered Platinum/Platinum Rewards card account (“Covered Person”). It is not necessary to notify the financial institution, the Insurance Company, or the Plan Administrator when tickets are purchased. Coverage ends when the policy is terminated.
1Your spouse, unmarried dependent child(ren), under age 19 (25 if a full-time student). No age limit for incapacitated child. Incapacitated child means a child incapable of self-sustaining employment by reason of mental retardation or physical handicap, and chiefly dependent on you for support and maintenance. Dependent child(ren) receive fifty percent (50%) of your benefit amount.
Subject to the terms and conditions, if a Covered Person’s accidental bodily Injury occurs while on a Covered Trip and results in any of the following Losses within one (1) year after the date of the accident, the Insurance Company will pay the following percentage of the Principal Sum for accidental Loss of:
Both hands or both feet
Sight of both eyes
One hand and one foot
Speech and hearing
One hand or one foot and the sight of one eye
One hand or one foot
Sight of one eye
Speech or hearing
Thumb and index finger on the same hand
In no event will multiple charge cards obligate the Insurance Company in excess of the stated benefit for any one Loss sustained by a Covered Person as a result of any one accident. The maximum amount payable for all Losses due to the same accident is the Principal Sum.
Actual severance through or above the wrist or ankle joints with regard to hands and feet; entire and irrevocable loss of sight, speech or hearing; actual severance through or above the metacarpophalangeal joints with regard to thumb and index fingers. The life benefit provides coverage in the event of a Covered Person’s death. If a Covered Person’s body has not been found within one (1) year of disappearance, stranding, sinking, or wreckage of any Common Carrier in which the Covered Person was covered as a passenger, then it shall be presumed, subject to all other provisions and conditions of this coverage, the Covered Person suffered loss of life.
Bodily injury or injuries, sustained by the insured person which are the direct cause of Loss, independent of disease cause of Loss, independent of disease or bodily infirmity, and occurring while the Covered Person is covered under this policy, while the insurance is in force.
A trip (a) while the Covered Person is riding on a Common Carrier as a passenger and not as a pilot, operator, or crew member and (b) charged to your [Insert Card Type] card; and (c) that begins and ends at the places designated on the ticket purchased for the trip. Covered Trip will also include travel on a Common Carrier (excluding aircraft), directly to, from, or at any Common Carrier terminal, which travel immediately precedes departure to or follows arrival at the destination designated on the ticket purchased for the Covered Trip.
Any scheduled airline, land, or water conveyance licensed or transportation of passengers for hire.
No payment will be made for any Loss that occurs in connection with, or is the result of: (a) suicide, attempted suicide, or intentionally self-inflicted injury; (b) any sickness or disease; (c) travel or flight on any kind of aircraft or Common Carrier except as a fare-paying passenger in an aircraft or on a Common Carrier operated on a regular schedule for passenger service over an established route; or (d) war or act of war, whether declared or undeclared.
Benefit for Loss of life is payable to your estate, or to the beneficiary designated in writing by you. All other benefits are payable to you.
Notice of Claim
Written notice of claim, including your name and reference to [Insert Card Type] should be mailed to the Plan Administrator within twenty (20) days of a covered Loss or as soon as reasonably possible. The Plan Administrator will send the claimant forms for filing proof of Loss.
This travel insurance is purchased for you by your financial institution.
Description of Coverage
This description of coverage details material facts about a Travel Accident Insurance Policy which has been established for you and is underwritten by Virginia Surety Company, Inc. Please read this description carefully. All provisions of the plan are in the master policy form number, VSC-VCC-01 (2/00). Any difference between the policy and this description will be settled according to the provisions of the policy.
Answers to specific questions can be obtained by writing to the Plan Administrator:
cbsi Card Benefit Services, 550 Mamaroneck Avenue, Suite 309, Harrison, NY 10528
Virginia Surety Company, Inc., 175 West Jackson Blvd., Chicago, IL 60604
Travel Accident Insurance is provided under a master policy of insurance issued by Virginia Surety Company, Inc. (herein referred to as Company). We reserve the right to change the benefits and features of all these programs.
The financial institution or the Company can cancel or choose not to renew the Insurance coverages for all Insureds. If this happens, the financial institution will notify the accountholder at least 30 days in advance of the expiration of the policy. Such notices need not be given if substantially similar replacement coverage takes effect without interruption and is provided by the same insurer. Insurance benefits will still apply to Covered Trips commenced prior to the date of such cancellation or non-renewal, provided all other terms and conditions of coverage are met. Travel Accident Insurance does not apply if your Platinum/Platinum Rewards card privileges have been suspended or cancelled. However, insurance benefits will still apply to Covered Trips commenced prior to the date that your account is suspended or cancelled provided all other terms and conditions of coverage are met.
Coverage will be void if, at any time, the accountholder has concealed or misrepresented any material fact or circumstance concerning this coverage or the subject thereof or the accountholder’s interest herein, or in the case of any fraud or false swearing by the Insured relating thereto. No person or entity other than the accountholder shall have any legal or equitable right, remedy, or claim for insurance proceeds and/or damages under or arising out of this coverage.
No action at law or in equity shall be brought to recover on this coverage prior to the expiration of sixty (60) days after proof of Loss has been furnished in accordance with the requirements of this Description of Coverage.
The Company, at its expense, has the right to have you examined as often as reasonably necessary while a claim is pending. The Company may also have an autopsy made unless prohibited by law.
For Illinois Residents Only:
The following statement is added: If a Covered Person recovers expenses for sickness or injury that occurred due to the negligence of a third party, the Company has the right to first reimbursement for all benefits the Company paid from any and all damages collected from the negligent third party for those same expenses whether by action at law, settlement, or compromise, by the Covered Person, the Covered Person’s parents if the Covered Person is a minor, or the Covered Person’s legal representative as a result of that sickness or injury. You are required to furnish any information or assistance, or provide any documents that we may reasonably require in order to exercise our rights under this provision. This provision applies whether or not the third party admits liability.
Your Guide to Benefit describes the benefit in effect as of 4.1.17.
Benefit information in this guide replaces any prior benefit information You may have received. Please read and retain for Your records. Your eligibility is determined by Your financial institution.
No cardholder wants to incur the expense of repairing or replacing a rented car. But accidents do happen, and vehicles do get stolen. No matter what happens to Your rental car, You can be covered with Auto Rental Collision Damage Waiver. Auto Rental Collision Damage Waiver reimburses You for damages caused by theft or collision — up to the Actual Cash Value of most rented cars. Auto Rental Collision Damage Waiver covers no other type of loss. For example, in the event of a collision involving Your rented vehicle, damage to any other driver’s car or the injury of anyone or anything is not covered. Rental periods of fifteen (15) consecutive days within Your country of residence, and thirty-one (31) consecutive days outside it, are both covered. (Longer rental periods, however, are not covered.)
You are eligible for this benefit if Your name is embossed on an eligible card issued in the United States and You use it to initiate and complete Your entire car rental transaction. Only You as the primary car renter and any additional drivers permitted by the Rental Car Agreement are covered.
Auto Rental Collision Damage Waiver covers theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees and reasonable and customary towing charges, due to a covered theft or damage to the nearest qualified repair facility.
If You do have personal automobile insurance or other insurance that covers theft or damage, this benefit reimburses You for the deductible portion of Your car insurance or other insurance, along with any unreimbursed portion of administrative and loss-of-use charges imposed by the car rental company, as well as reasonable towing charges while the car was Your responsibility.
If You do not have personal automobile insurance or any other insurance, the benefit reimburses You for covered theft, damage, or administrative and loss-of-use charges imposed by the rental company, as well as reasonable towing charges that occur while You are responsible for the vehicle.
If You are renting outside of Your country of residence, the coverage provided under this benefit is primary and reimburses You for covered theft, damage, or administrative and loss-of-use charges imposed by the rental company, as well as reasonable towing charges that occur while You are responsible for the vehicle.
How to use Auto Rental Collision Damage Waiver
Before You leave the lot, be sure to check the car for any prior damage.
This benefit is in effect during the time the rental car is in Your (or an authorized driver’s) control, and it terminates when the rental company reassumes control of their vehicle.
This benefit is available in the United States and most foreign countries (with the exception of Israel, Jamaica, the Republic of Ireland or Northern Ireland). However, this benefit is not available where precluded by law, or where it’s in violation of the territory terms of the auto rental agreement, or when prohibited by individual merchants. Because regulations vary outside the United States, check with Your auto rental company and the Benefit Administrator before You travel, to be sure that Auto Rental Collision Damage Waiver will apply.
Certain vehicles are not covered by this benefit, they consist of: expensive, exotic, and antique cars; cargo vans; certain vans; vehicles with an open cargo bed; trucks; motorcycles; mopeds; motorbikes; limousines; and recreational vehicles.
Examples of expensive or exotic cars are the Alfa Romeo, Aston Martin, Bentley, Corvette, Ferrari, Jaguar, Lamborghini, Lotus, Maserati, Maybach, McLaren, Porsche, Rolls Royce, and Tesla. However, selected models of Audi, BMW, Mercedes-Benz, Cadillac, Infiniti, Land Rover, Lexus, Lincoln, and Range Rover are covered.
An antique car is defined as one that is over twenty (20) years old, or one that has not been manufactured for ten (10) years or more.
Vans are not covered. But those designed as small-group transportation vehicles (seating up to nine (9) people, including the driver) are covered.
If you have questions about a specific vehicle’s coverage or organization where the vehicle is being reserved, call the Benefit Administrator at 800.348.8472, or call collect outside the United States at 804.673.1164.
2Not applicable to residents in certain states
It is Your responsibility as a cardholder to make every effort to protect Your Rental Vehicle from damage or theft. If You have an accident, or Your Rental Vehicle has been stolen, immediately call the Benefit Administrator at 800.348.8472 to report the incident, regardless of whether your liability has been established. Outside the United States, call collect at 804.673.1164.
You should report the theft or damage as soon as possible but no later than forty-five (45) days from the date of the incident.
The Benefit Administrator reserves the right to deny any claim containing charges that would not have been included, if notification occurred before the expenses were incurred. Thus, it’s in Your best interest to notify the Benefit Administrator immediately after an incident. Reporting to any other person will not fulfill this obligation.
At the time of the theft or damage, or when You return the Rental Vehicle, ask Your car rental company for the following documents:
Submit all of the above documents from the rental company, along with the following documents, to the Benefit Administrator:
Finally, please note that all remaining documents must be postmarked within three hundred and sixty-five (365) days3 of the theft or damage date or Your claim may be denied.
3Not applicable to residents of certain states.
For faster filing, or to learn more about Auto Rental Collision Damage Waiver, visit eclaimsline.com
Your claim will typically be finalized within 15 (fifteen) days, after the Benefit Administrator has received all the documentation needed to substantiate Your claim.
Once Your claim has been paid, all Your rights and remedies against any party in regard to this theft or damage will be transferred to the Benefit Administrator, to the extent of the cost of payment made to You. You must give the Benefit Administrator all assistance as may reasonably be required to secure all rights and remedies.
Your credit or debit card accounts
Actual Cash Value
The amount a Rental Vehicle is determined to be worth based on its market value, age and condition at the time of loss
A cardholder who pays for their auto rental by using their eligible account
Rental Car Agreement
The entire contract an eligible renter receives when renting a Rental Vehicle from a rental car agency which describes in full all of the terms and conditions of the rental, as well as the responsibilities of all parties under the contract
A land motor vehicle with four or more wheels as described in the participating organization’s disclosure statement which the eligible renter has rented for the period of time shown on the Rental Car Agreement and does not have a manufacturer’s suggested retail price exceeding the amount shown on the participating organization’s disclosure statement
You or Your
An Eligible Person who uses their eligible card to initiate and complete the rental car transaction
Additional provisions for Auto Rental Collision Damage Waiver
For more information about the benefit described in this guide, call the Benefit Administrator at 800.348.8472, or call collect outside the U.S. at 804.673.1164.
For roadside assistance, call 800.847.2869
Roadside Dispatch is a pay-per-use roadside assistance program. The program provides you with security and convenience wherever your travels take you.
No membership or pre-enrollment is required. No annual dues. No limit on usage.
For a set price per service call, the program provides:
4Any vehicle with wheels is covered under the program as long as it can be classified as ‘Light Duty’. ‘Light Duty’ vehicles are vehicles that weigh 10,000 lbs. or less. Vehicles weighing more than 10,000 lbs. are considered ‘Medium Duty’ or ‘Heavy Duty’ and are NOT covered under this program.
Roadside Dispatch will ask you where you are, what the problem is, and while they remain on the phone with you, they will arrange a dispatch to a reliable tow operator or locksmith to provide help. (If you feel you are in an unsafe location – Roadside Dispatch will advise you to hang up and dial 911. If you are not able to dial 911, they will call the non-emergency police number in your area, and will remain on the phone with you at your request until the police arrive.) You have the convenience of one toll-free phone number, and you may save money because their rates are pre-negotiated.
Dependable roadside assistance, 24 hours a day, 7 days a week has never been easier. No membership or pre-enrollment is required. Just call Roadside Dispatch toll-free when you need them.
800.847.2869 ~ it’s that easy!
Customers must pay service provider for mileage over 5 miles. A secondary unit being towed behind is not included but can be accommodated for an additional fee. Standard Winching applies within 100 feet of paved or county maintained road only. Current fee for a standard service call is $69.95. Additional fees may apply for winching services under certain circumstances. Service call fees are subject to change at any time; however, callers will be notified of pricing prior to any service dispatch. This program may be discontinued at any time without prior notice. Program void where prohibited.
Service providers supplying emergency roadside assistance and towing are independent contractors and are solely liable for their services. Neither Visa nor SCE Federal Credit Union shall have any responsibility or liability in connection with the rendering of the service. Emergency roadside assistance and towing may not be available in areas not regularly traveled, nor in other “off road” areas not accessible by ordinary towing vehicles. Weather conditions, time of day, and availability of service may affect assistance responses. Expectations for dispatch are set with the customer on every call, and an expected estimated time of arrival is provided to the customer regardless of their location; however, neither Visa nor SCE Federal Credit Union provides any assurances as to the ability of the Service Provider to meet such estimates. You are responsible for any roadside assistance or towing charges incurred by facilities responding to your request even if you are not with your vehicle or your vehicle is gone upon their arrival. Services provided by United States Auto Club, Motoring Division, Inc.