"Visa Card Credit Application"
Visa Credit Card DO NOT WRITE IN THIS BOX APPROVED BY Pllattiinum,, Golld or Cllassiic P a num Go d or C ass c DATE CR LIMIT DATE NEW LIMIT (For Adding/Removing Joint Ownership DATE NEW LIMIT 225 Schlumberger Drive, Sugar Land, Texas 77478-3129 or Authorized User on an existing account) APPLICANT (Highlighted fields are minimum requirements. Sign after printing out form) Name Birth Date (MM/dd/yy) SS# Drivers License # Phone # Home Address City State/Province Zip/Postal Code Years There CO-APPLICANT (IF JOINT ACCOUNT) Add* Remove* Name Birth Date (MM/dd/yy) SS# Drivers License # Phone # Home Address City State/Province Zip/Postal Code Years There Previous Address City State/Province Zip/Postal Code Years There Present Employer Address City State/Province Zip/Postal Code Years There Area Code / Business Phone Gross Mo. Income Gross Mo. Income Area Code / Home Phone *Other Income of Applicant (alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this debt.) Source or Kind Received From Amount Per Month * Requires co-applicant signature to add or remove. Everything that I have stated in this application is correct to the best of my knowledge. I understand that you will retain this application whether or not it is approved. You are authorized to check my credit and employment history. If this application is approved, I agree to abide by the terms and conditions of the cardholder agreement (page 2 below) and, a copy of which will be sent with my card(s). I am also authorizing issuance of my Personal Identification Number (PIN) so I may use my card in any VISA, PLUS or PULSE SystemsR Automated Teller Machine. I understand that whenever “I” has been used in the above statements, it includes all applicants signing below. If this application is for a “Visa Credit Card” the application will be reviewed by Schlumberger Employees Credit Union, and if approved, will be owned and serviced by Schlumberger Employees Credit Union. I have read and understand VISA Regulation Z (published on the web: www.secu.slb.com (Lookup Directory, Visa Credit). X ______________________________________July 16, 2010 X ____________________________________July 16, 2010 SIGNATURE – APPLICANT DATE SIGNATURE – CO-APPLICANT DATE Add* Remove* AUTHORIZED USER: ADDITIONAL CARD FOR MEMBER OF IMMEDIATE FAMILY: Relationship NAME OF AUTHORIZED USER: SIGNATURE-AUTH-USER: ________________________________________ DATE: July 16, 2010 * Requires authorized user signature to add or remove. Revised June 18, 2009 1 of 3 CARDHOLDER AGREEMENT AND DISCLOSURE STATEMENT FOR YOUR VISA CARD ACCOUNT This Agreement and Disclosure Statement covers your VISA® A finance charge on the average daily balance of purchases will your entire balance due and payable at once without notice or Card(s) Account (“Account") (Platinum, Gold, or Classic) with be assessed from the date the purchase transaction is posted to demand. We may also do this if you have made any us. In this Agreement the words "you" and “your" mean any user your Account unless the “New Balance" shown on your previous misrepresentations to SECU in applying for credit, or if anything of your Account. “We," “our," and "us" mean Schlumberger statement is paid in full on or before the due date shown. If you happens that indicates to SECU that you may be unable or Employees Credit Union (“SECU”), Sugar Land, Texas. In this elect to pay your Account in installments, or you do not pay in unwilling to repay the loans made under this Agreement. Agreement, any plural term shall be deemed singular and any full by the due date shown on your monthly statement, you will singular term shall be deemed plural when context and pay a periodic finance charge on the average daily balance of 15. Credit Limit. Occasionally, we may adjust your maximum construction so require. If you sign an application for any your unpaid purchases and advances. A minimum FINANCE credit limit. Your credit limit is identified each month on your Account under this Agreement or sign or use any bankcard(s) CHARGE of $.50 per month will be assessed if the “Total statement. You agree to keep the total of purchases and issued, or use or allow others to use your Account, you agree to FINANCE CHARGE" during any one-month period is advances made on your Account within the limit. all of the following terms and conditions. between $.01 and $.50, inclusive. 16. Illegal Transactions. You may be liable for the 1. General. You may use your Account to buy goods and 10. Balance Subject to Finance Charge. The balance subject unauthorized use of your Card. You will not be liable for services or get a cash advance any place it is honored. You to FINANCE CHARGES is identified on your monthly unauthorized use that occurs after you notify SECU orally or in agree to follow all procedures required by SECU or any statement as "Cash Advances Average Daily Balance" and writing, of the loss, theft or possible unauthorized use. In any merchant that may honor your Account. “Purchases Average Daily Balance.” We figure the finance case, your liability will not exceed $50. You may notify SECU charge on your account by applying the periodic rate to the by calling (281) 285-4551. 2. Liability. If the Account is issued to you and others as a joint “Average Daily Balance" of your account in that billing cycle. account, each use of your Account shall be an extension of credit 17. Change of Address. If you move, you must give SECU your to all and each of you shall be jointly and severally liable. If you To get the "Cash Advances Average Daily Balance," we take the new address so we may change our records. You agree to write allow anyone else to use your Account, you will be liable for all beginning balance of your account each day, add all cash your new address on that portion of the monthly statement credit extended to such persons. You will be liable for all actual, advances and FINANCE CHARGES, and subtract any returned with your payment, and indicate a change of address by implied, or apparent authorized use of your Account. payments or credits. This gives SECU the daily balance. The checking the appropriate notification on the outside of the daily balances are added up and divided by the total by the envelope. 3. Promise to Pay. You promise to pay SECU any and all number of days in the billing cycle. This gives us the "Cash amounts borrowed under this Agreement, plus any finance Advances Average Daily Balance.” 18. Attorney’s Fees and Costs. If we are forced to take charge or other amounts due. You agree to pay SECU on or collection action or any other legal action under this Agreement, before the due date shown on your monthly statement. To get the "Purchases Average Daily Balance," SECU takes the you agree to pay all court and collection costs, reasonable beginning balance of your account each day and adds all attorney's fees, and all similar costs on appeal. 4. Monthly Statements. Each month we will send you a purchases, and FINANCE CHARGES, and subtracts any statement showing any purchases, cash advances, and payments payments or credits. This gives SECU the daily balance. The 19. Return Check Service Charge. A returned check service or credits made to your Account during that billing cycle as well daily balances are added up and divided by the total number of charge of $15 may be assessed against your Account for each as your “New Balance." Your statement will identify also the days in the billing cycle. This gives us the "Purchases Average check not honored which you send as payment for your Account. “Required Payment Due" you must make for that billing period Daily Balance.” and the date it is due. You may pay in full for all your purchases 20. Photocopy Charges. You may be assessed a photocopy fee and cash advances each month, or you may repay in monthly Purchases posted to your account during the billing period are as outlined in the Rates and Fee disclosures, for any research installments. included only if the "New Balance" shown on your previous that you request on your Account when the result of this statement was not paid in full by the due date. Returned check research does not show any erroneous billing as defined by 5. Annual Percentage Rates. “APR” is adjusted monthly to the fees are not included in either average daily balance calculation. Regulation Z of the Federal Truth-in-Lending Act. Six-Month Treasury Bill Auction Rate “Index" in effect at the last weekly auction of each calendar month plus: 9.00% APR 11. Minimum Payments. If you pay your Account in 21. Replacement Card Fee. A replacement card fee as outlined premium for Classic (floor rate 12.50% APR), 7.00% APR installments, the minimum periodic payment will be 5% of the in the Rates and Fee disclosures, may be assessed for each card premium for Gold (floor rate 11.50% APR), and 5.40% APR unpaid balance or $15, whichever is greater. Balances under $15 that is ordered prior to its replacement date. premium for Platinum (floor rate 9.90% APR) cards. The must be paid in full. The “Minimum Payment Due" as shown on maximum Annual Percentage Rate that can apply is 18% or the your statement includes the minimum payment due on your new 22. Changes in Agreement Terms. By your signature on your maximum permitted by law, whichever is less. balance plus any amount past due. If you exceed your credit Account application, or by your signature on or your use of your limit, the amount over that limit will be identified on your bankcard(s) or Account, you consent that we may change the 6. Variable Rate Information. Your monthly periodic rate may statement as "Amount Over Credit Limit." The required payment terms of this Agreement. Notice of these changes will be sent to vary from month to month if the Treasury Bill rate varies, unless due by the date shown on your statement will be the greater of you as required by law. These changes will apply to your new the rate is already at the APR floor. If the Treasury Bill rate the "Minimum Payment Due" or the “Amount Over Credit purchases and advances and to any outstanding balances. We decreases, your monthly periodic rate and the corresponding Limit." The amount you must pay will be shown as “Required will mail notice of such changes to you at your address shown annual percentage rate will decrease. If the Treasury Bill rate Payment Due." on your records. increases, your monthly periodic rate and the corresponding annual percentage rate will increase. Any decrease or increase in 12. Security Interest. If you give the SECU a specific pledge of 23. Canceling This Agreement. Any bankcard(s) issued to you your monthly periodic rate may affect the amount of your shares by signing a separate pledge of shares, your Account will under this Agreement is our property. We may terminate this “Minimum Payment Due." Any change in the monthly periodic be secured by your pledged shares. Your pledge will authorize Agreement if you break any of your promises or you are in rate and corresponding annual percentage rate will take effect on SECU to take that money and apply it to what you owe if you default. You agree to return the bankcard(s) to SECU and pay the first day of the month following the last auction of the are in default. SECU may, but does not have to, allow you to your outstanding balance in full. We may pick up your previous month. withdraw a portion of your shares or deposits without affecting bankcard(s) at any time after this Agreement is terminated or if that security interest. You are not giving a security interest in an you are in default. You may terminate this Agreement by 7. Transaction Charges. A transaction charge on cash advances IRA, SEP, Keogh, or any other account, which, if pledged, returning your bankcard(s) to SECU and paying the outstanding will be assessed when the advance is made. This is identified on would result in the loss of special tax treatment under the balance of your Account in full. your monthly statement as “Cash Advance Transaction Internal Revenue Code. WITH THE EXCEPTION OF YOUR FINANCE CHARGE.” The minimum fee charged will be $1 per DWELLING, COLLATERAL SECURING OTHER LOANS 24. Additional Provisions. Each provision of this Agreement cash advance transaction, or if greater, the maximum fee charged WITH SECU MAY ALSO SECURE YOUR ACCOUNT must be considered as part of the total Agreement and cannot in will be an amount equal to the monthly periodic rate multiplied UNDER THIS AGREEMENT. any way be severed from it. However, you also agree that if any by the amount of the cash advance. part of the Agreement be found invalid, it will in no way affect 13. Default. You will be in default: (1) if you fail to make any the remainder of the Agreement. You should understand that the 8. FINANCE CHARGES. Your annual percentage rate will be payment on time; (2) if you fail to keep any promise you have validity, construction, and enforcement of this Agreement shall displayed on each statement you receive. The “Total FINANCE made under this or any other agreement with us, (3) if you are be governed by the laws of the State of Texas. CHARGE" shown on your monthly statement consists of the the subject of an order for relief Under Title 11 of the U.S. Code finance charge on purchases plus the finance charge on cash (Bankruptcy); (4) if anyone tries, by legal process, to take any of We do not warrant merchandise or services purchased by you advances. your money in the credit union; (5) if you have given SECU false with the Card unless detailed in specific card offering. All or inaccurate information in obtaining your bankcard(s); or (6) if purchases and cash advances are extended at the option of the 9. Total FINANCE CHARGES. The “Total FINANCE anything happens which SECU reasonably believes endangers merchant or cash advancing financial institution and we are not CHARGE" shown on your monthly statement consists of the your ability or willingness to repay what you owe. responsible for the refusal of any merchant or financial finance charge on purchases plus the finance charge on cash institution to honor your Card. advances. A finance charge on the average daily balance of cash 14. Acceleration. If you are in default, or if you break any other advances will be assessed from the date of each cash advance. promise you have made under this Agreement, we may declare Revised June 18, 2009 2 of 3 25. Non-Waiver. We can accept late payment(s) or partial Annual Percentage Rate for Adjusted monthly to the Six- If you fail to pay the amount that we think you owe, we may payment(s) or check(s) or money order(s) marked “payment in Purchases and Cash Month Treasury Bill Auction report you as delinquent. However, if our explanation does not full" without losing any of our rights under this Agreement. We Advances on Classic Card Rate "Index" in effect at the satisfy you and you write to SECU within ten days telling SECU can also delay enforcing any of our rights under this Agreement last weekly auction of each that you still refuse to pay, we must tell anyone we report you to without losing them. calendar month plus 9.00% that you have a question about your bill. And, we must tell you APR premium. The floor rate the name of anyone we reported you to. We must tell anyone we 26. Conforming Charges to Applicable Law. Notwithstanding is 12.50% APR. report you to that the matter has been settled between SECU any other provisions contained in this Agreement, we do not Grace Period for Repayment 25 days from the billing date when it finally is. intend to charge and you shall not be required to pay any amount of Purchases specified in your statement of FINANCE CHARGES or other fee or charge that is in (Provided you have paid for If we don't follow these rules, we can't collect the first $50 of the excess of the maximum permitted by applicable law. Any your previous balance in full questioned amount, even if your bill was correct. payments in excess of the maximum shall be refunded to you or by the due date). credited against your principal balance at our option. Method of Computing the Average Daily Balance Special Rule for Credit Card Purchases Balances for Purchases and (Including new purchases). If you have a problem with the quality of property or services 27. Questions and Billing Errors. Please let SECU know right Cash Advances that you purchased with a credit card, and you have tried in good away if you have any questions about your monthly statement. If Late Payment No penalty fee (Finance faith to correct the problem with the merchant, you may have the you think we have made a mistake in your statement, please read charge continues until full right not to pay the remaining amount due on the property or the Billing Error Statement on the reverse of this disclosure. This payment is received). services. There are two limitations on this right: tells you your right to dispute billing errors. Cash Advance $1.00 per transaction. You (a) You must have made the purchase in your home state or, will incur a Finance Charge if not within your home state, within 100 miles of your 28. Credit Insurance. If available, credit insurance is not from the date transactions current mailing address required for any extension of credit under this Agreement. are posted to your account. (b) The purchase price must have been more than $50. These However, if it is available, you may purchase credit insurance There is no grace period. limitations do not apply if we own or operate the available through the SECU and have the premium added to the Foreign Exchange VISA® inter-bank FX merchant, or if we mailed you the advertisement for the outstanding balance in your account. If you elect to do so, you conversion rate plus 1% property or services. will be given the necessary disclosures and documents Over-Credit Limit No penalty fee. separately. ScoreCard Points, Expirations, and Notices Every dollar in purchases net of returns that account holders 29. Convenience Checks. SECU may, at its discretion, issue charge to an account covered by this ScoreCard Bonus Point IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR checks to you which may be used for any purpose other than Program ("Program") and that appears on your statement during BILL, making a payment for credit to your account. By signing such the Program period, earns the account holder one bonus point as KNOW YOUR BILLING RIGHTS. KEEP THIS NOTICE check, you authorized SECU to pay the item for the amount provided in the rules of the ScoreCard program. FOR FUTURE USE. indicated and post such amount as a cash advance to your This notice contains important information about your rights and Points Expiration: SECU uses a 48-month point aging program. account. SECU does not have to pay any item which would our responsibilities under the Fair Credit Billing Act. Notify ScoreCard Bonus Points can accumulate up to 60 months before cause the outstanding balance in your account to exceed your SECU in case of errors or questions about your bill. If you think the oldest 12 months of points expire. This aging plan will expire credit limit. your bill is wrong, or if you need more information about a points older than 48 months on July 31 of each year. For transaction on your bill, write to SECU on a separate sheet: example, Bonus Points you earned up through June 30, 2003 30. Credit Information. You authorize SECU to investigate would expire on July 31, 2007. Points are redeemable for your credit standing when opening or reviewing your Account. SCHLUMBERGER EMPLOYEES CREDIT UNION You authorize SECU to disclose information regarding your valuable awards (https://www.scorecardrewards.com). 225 SCHLUMBERGER DRIVE Account to the credit bureau(s) and creditors who inquire about SUGAR LAND, TX 77478 your credit standing. U.S. Government Imposes Airline Security Fee: Beginning 281-285-4551 • 800-272-7328 February 1, 2002, all travel ticketing and reservation services, 31. Currency Conversion. If you effect a transaction with your including airline direct purchases, are required to collect a $2.50 VISA® Card in a currency other than U.S. dollars, VISA® Write to SECU as soon as possible. SECU must hear from you fee for each flight segment on a journey that boards in the US International, Inc. will convert the charge into a U.S. dollar no later than 60 days after we sent you the first bill on which the and US Territories and Possessions, including connecting flights amount, using their conversion policy. error or problem appeared. You can telephone SECU, but doing requiring re-boarding. The maximum charge is limited at this so will not preserve your rights. In your letter, give SECU the stage to $5.00 for a one-way itinerary and $10.00 for a roundtrip 32. Other Disclosures. If you are using this card with the following information: (1) Your name and account number, (2) regardless of the number of connections made. The fee applies integrated ATM Card feature, you should also read the The dollar amount of the suspected error, and (3) Describe the to purchased tickets as well as tickets issued for frequent flyer disclosures associated with the ATM service. All service error and explain, if you can, why you believe there is an error. and points/mileage based award travel tickets. disclosures are available upon request or can be found on our If you need more information, describe the item you are not sure website at: www.secu.slb.com (Lookup Directory). about. In accordance with the requirement, the ScoreCard program administrator will request separate payment for the security fee 33. International Service Assessment. Effective April 2, 2005, If you have authorized SECU to pay your credit card bill via credit card, from the customer, at the time of redemption of all purchases on your VISA® Credit Card or VISA® Debit Card automatically from your savings or checking account, you can all ScoreCard tickets redeemed on or after February 1, 2002. in foreign markets will be assessed a separate conversion fee for stop the payment on any amount you think is wrong. To stop the This is exactly the same procedure that will be used by airlines each transaction. For foreign market USD transactions, the payment your letter must reach SECU three business days before when redeeming miles for tickets in their own proprietary conversion fee is one (1) percent, and for non-USD transactions, the automatic payment is scheduled to occur. frequent flyer programs. the conversion fee is based on the VISA inter-bank FX Your Rights and Our Responsibilities After We Receive Lost or Stolen Bankcard conversion rates plus one (1) percent. Effective June 9, 2005, You agree to call 800-543-5073 or call collect at 727-570-4881 VISA® will no longer assess ISA on cross-border single- Your Written Notice We must acknowledge your letter within 30 days, unless we promptly and also notify the SECU, orally or in writing, if your currency U.S. Dollar (USD) PLUS transactions. SECU passes bankcard(s) is lost or stolen. You may send notice or call the all VISA® fees directly to the member without up charging. have corrected the error by then. Within 90 days, we must either correct the error or explain why we believe the bill was correct. SECU at the address/telephone number listed below. You may be responsible for up to a maximum of $50 for any unauthorized Schlumberger Employees Credit Union After we receive your letter, we cannot try to collect any amount use of your bankcard(s) before we receive notice of its loss or theft. VISA® Credit Card - Terms you question, or report you as delinquent. We can continue to Annual Percentage Rate for Adjusted monthly to the Six- bill you for the amount you question, including FINANCE CHARGES, and we can apply any unpaid amount against your SCHLUMBERGER EMPLOYEES CREDIT UNION Purchases and Cash Month Treasury Bill Auction credit limit. You do not have to pay any questioned amount 225 SCHLUMBERGER DRIVE Advances on Platinum Card Rate "Index" in effect at the while we are investigating, but you are still obligated to pay the SUGAR LAND, TEXAS 77478 last weekly auction of each calendar month plus 5.40% parts of your bill that are not in question. 281-285-4551 • 800-272-7328 APR premium. The floor rate is 9.90% APR. If we find that we made a mistake on your bill, you will not have to pay any FINANCE CHARGES related to any questioned Monday through Friday (except Schlumberger holidays) Annual Percentage Rate for Adjusted monthly to the Six- amount. If we didn't make a mistake, you may have to pay Office hours: 8:00 a.m. through 4:30 p.m. Purchases and Cash Month Treasury Bill Auction FINANCE CHARGES, and you will have to make up any During non-office hours call (800) 543-5073 or call collect at Advances on Gold Card Rate "Index" in effect at the missed payments on the questioned amount. In either case, we (727) 570-4881 to report a lost or stolen card last weekly auction of each calendar month plus 7.00% will send you a statement of the amount you owe and the date APR premium. The floor rate that it is due. is 11.50% APR. Revised June 18, 2009 3 of 3