Terms & Conditions

Terms and Conditions

Information About Your Card

* Your APR can fluctuate

Your variable APRs can go up or down each month as the Prime Rate goes up or down. Your APRs can increase to the Default APR if your payment is received 30 or more days after your payment due date. If we increase your APRs for late payments, we will return you to your prior APRs if you make at least the minimum payment on time for six consecutive billing periods. If we change your APRs for reasons other than when the Prime Rate changes or you paid late as disclosed above, we will notify you in writing of your options in advance, including the right to opt out of certain changes.

Other Terms of Your Account May Change

We may change any other terms of your account, other than APRs, at any time. If we change any of these terms, we will notify you in advance of your options in writing, including the right to opt out of certain changes.

How Your Variable Rate is Calculated

We calculate your variable rate by adding a premium to the highest Prime Rate published in the "Money Rates" section of The Wall Street Journal for the preceding 90 days and can change up to three days prior to your statement closing date. If the Prime Rate changes, your new rate will take effect on the then current billing period.

How We Determine Your Credit Line

We determine your credit line based on the strength of your credit history and the information you provide in your application. The minimum credit line is $500.

How Your Minimum Payment is Calculated

Your minimum payment will be the greater of 3% of your outstanding balance or $10. If your balance is less than $20, your minimum payment will equal your balance.

How We Apply Your Payment

We will apply your payment to pay off lower-rate balances before paying off higher-rate balances.

You May Receive Future Offers With Different Terms

At any time in the future, we may extend new offers in connection with this account, including opportunities to transfer additional balances. These new products and services may have different APRs, fees and other terms. We will provide any different terms when we make you the new offer, and you may accept or decline any such offer.

There is a Minimum Income Requirement For This Card

The minimum gross annual income required for an account is $10,000.

Terms and Conditions

I am applying to your Financial Institution for a credit card account. Everything that I have stated in this application is correct to the best of my knowledge. I understand that I must be at least 18 years of age and have a valid social security number, unless otherwise specified to qualify for this offer.

I understand that approval is based upon satisfying your Financial Institution’s credit standards. I understand that I may not qualify for the lowest APR disclosed above, and that the APR that is offered me will be determined by your Financial Institution’s review of my credit report, information I supplied on the application, and other relevant information. Your Financial Institution maintains the right not to open my account if: (a) the information provided on or with my application is incomplete, inaccurate or unverifiable; (b) I no longer meet the Financial Institution’s standards for creditworthiness; (c) my name and/or mailing address has been altered. I understand that the exact amount of my credit line will be determined after review of my application and other information.

The information about the costs and benefits of the card described in this Application is accurate as of 12/1/2009. This information may have changed. To find out what may have changed, please contact your Financial Institution.

Rates, fee and terms may change: We may change the account terms, including the APRs or fees, at any time for any reason. If we change the terms of your account, you will receive advance notice and have a right to opt out in accordance with applicable law.


You authorize us to obtain credit reports in connection with your request for an account. If an account is opened, we may obtain credit reports in connection with additional extensions of credit, upgrade of the product or change in terms, the renewal, review or collection of your account, or in connection with another legitimate purpose.

If an account is opened, you will receive a Card Agreement with your card(s). All terms and conditions of your account are contained in your Card Agreement, Welcome Letter, and Card Carrier. You agree to these terms by using your account or by not closing the account within three (3) days of receiving the Card Agreement.

You authorize us to apply your payments and credits to balances with lower APRs (such as purchases) before balances with higher APRs (such as cash advances).

You certify that you are the person to whom this offer was addressed, that you are of age to legally contract, and that you have read and reviewed all terms, conditions and disclosures provided. You certify that the information you provide in connection with obtaining this credit card is complete and accurate. You understand that omission of information requested may be reason for denial.

Our agreement with you will be governed by Iowa and applicable Federal laws.

I understand that the Customer Agreement contains an Arbitration Provision that may limit my legal rights, including my right to go to court, to have a jury trial, and to participate in class actions.

You agree that this account will not be used for business purposes.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify, and record information that identifies each person (individual or business) who opens an account. What this means for you: when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask for your driver's license or other identifying information.