Visa Card Credit Application

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					                                                                                              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

                                                                                                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:
 (Lookup Directory, Visa Credit).

 X ______________________________________July 16, 2010                                            X ____________________________________July 16, 2010
                   SIGNATURE – APPLICANT                                    DATE                                                  SIGNATURE – CO-APPLICANT                             DATE
       Add*            Remove*


 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

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
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 (
                                                                               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: (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
           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

Description: Visa Card Credit Application document sample