Common use of Authorization Holds Clause in Contracts

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services, certain merchants may ask us to authorize the transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an amount (such as an estimated tip) to ensure that sufficient funds will be available to cover the final transaction; therefore, the authorization hold may be more or less than the final transaction amount. If the amount of the authorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold for that amount of funds for 3 business days or 10 days in the case of a hotel authorization. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lost, stolen, or that someone has used or may use your Card without your permission, by calling 0-000-000-0000. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 . See "Your Liability for Unauthorized Use of Your Card." You agree to cooperate with us in our investigation of any possible unauthorized use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of the Card to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or more.

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services, certain We and/or some merchants may ask us to authorize request preauthorization for a Cash Advance and/or purchases in the transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an amount (such as plus an estimated tip) additional amount to ensure that there are sufficient funds will be available to cover the final transaction; therefore, the authorization hold may be more tips or less than the final transaction amountincidental expenses incurred. If the amount of the authorization Such a preauthorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold “hold” on your available Card funds in the amount the merchant submits for that preauthorization (“Authorization Hold”). Once the final amount of the transaction is determined and has been processed and settled, your Card will be debited for such amount and the Authorization Hold will be removed. During the period of any Authorization Hold, the Card funds that are subject to the Authorization Hold will generally not be available for 3 business days or 10 days other Card transactions. We will have no liability to you in the case event we decline any Card transaction because an Authorization Hold is in place. We reserve the right to release, in our discretion, any Authorization Hold in order to make funds available for other Card transactions, and if we do so we will have no liability to you if we subsequently reject the transaction corresponding to the Authorization Hold due to insufficient Card Funds. We will have no liability to you in the event any merchant delays or fails to complete the final processing of a hotel authorizationany Card transaction that corresponds to an Authorization Hold, and/or in the event any merchant requests an Authorization Hold in error. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lostIn general, stolenwe will not be responsible for any transactions generated in error by merchants, processing agencies, or any other third parties not under our control, except as may be required under applicable law. During the period of any Authorization Hold the Card balance reported to you might not reflect that someone has used the Authorization Hold is or may use was in place because available balances are sometimes based on actual debits or credits to your Card without your permission, by calling 0-000-000-0000rather than on Authorization Holds. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 are responsible for knowing when you have initiated a Card transaction that might result in an Authorization Hold and for managing other Card transactions accordingly during the period of an Authorization Hold. See "Your Liability for Unauthorized Use of Your Card." You agree Merchants that typically apply Authorization Holds are listed below. Please note that this list is in no way exhaustive and you are subject to cooperate any Authorization Holds applied in connection with us in our investigation of any possible unauthorized the use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of whether or not they are listed below. Merchant Authorization Holds Fuel Pumps Hold amount may apply until finalized purchase is posted to the Card Restaurants, Hotels, travel and Entertainment Hold amount may apply until finalized purchase is posted to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or more.

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services, certain We and/or some merchants may ask us to authorize the request preauthorization for a Card transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the purchase amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an amount (such as plus an estimated tip) additional amount to ensure that there are sufficient funds will be available to cover the final transaction; therefore, the authorization hold may be more tips or less than the final transaction amountincidental expenses incurred. If the amount of the authorization Such a preauthorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold “hold” on your available Card funds in the amount the merchant submits for that preauthorization (“Authorization Hold”). Once the final amount of the transaction is determined and has been processed and settled, your Card will be debited for such amount and the Authorization Hold will be removed. During the period of any Authorization Hold, the Card funds that are subject to the Authorization Hold will generally not be available for 3 business days or 10 days other Card transactions. We will have no liability to you in the case event we decline any Card transaction because an Authorization Hold is in place. We reserve the right to release, in our discretion, any Authorization Hold in order to make funds available for other Card transactions, and if we do so we will have no liability to you if we subsequently reject the transaction corresponding to the Authorization Hold due to insufficient Card Funds. We will have no liability to you in the event any merchant delays or fails to complete the final processing of a hotel authorizationany Card transaction that corresponds to an Authorization Hold, and/or in the event any merchant requests an Authorization Hold in error. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lostIn general, stolenwe will not be responsible for any transactions generated in error by merchants, processing agencies, or any other third parties not under our control, except as may be required under applicable law. During the period of any Authorization Hold the Card balance reported to you might not reflect that someone has used the Authorization Hold is or may use was in place because available balances are sometimes based on actual debits or credits to your Card without your permission, by calling 0-000-000-0000rather than on Authorization Holds. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 are responsible for knowing when you have initiated a Card transaction that might result in an Authorization Hold and for managing other Card transactions accordingly during the period of an Authorization Hold. See "Your Liability for Unauthorized Use of Your Card." You agree Merchants that typically apply Authorization Holds are listed below. Please note that this list is in no way exhaustive and you are subject to cooperate any Authorization Holds applied in connection with us in our investigation of any possible unauthorized the use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of whether or not they are listed below. Merchant Authorization Holds Fuel Pumps Hold amount may apply until finalized purchase is posted to the Card Restaurants, Hotels, travel and Entrainment Hold amount may apply until finalized purchase is posted to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or more.

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services, certain We and/or some merchants may ask us to authorize the request preauthorization for a Card transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the purchase amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an amount (such as plus an estimated tip) additional amount to ensure that there are sufficient funds will be available to cover the final transaction; therefore, the authorization hold may be more tips or less than the final transaction amountincidental expenses incurred. If the amount of the authorization Such a preauthorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold “hold” on your available Card funds in the amount the merchant submits for that preauthorization (“Authorization Hold”). Once the final amount of the transaction is determined and has been processed and settled, your Card will be debited for such amount and the Authorization Hold will be removed. During the period of any Authorization Hold, the Card funds that are subject to the Authorization Hold will generally not be available for 3 business days or 10 days other Card transactions. We will have no li- ability to you in the case event we decline any Card transaction because an Authorization Hold is in place. We reserve the right to release, in our discretion, any Authorization Hold in order to make funds available for other Card transactions, and if we do so we will have no liability to you if we subsequently reject the transaction correspon- ding to the Authorization Hold due to insufficient Card Funds. We will have no liability to you in the event any merchant delays or fails to complete the final processing of a hotel authorizationany Card transaction that corresponds to an Author- ization Hold, and/or in the event any merchant requests an Authorization Hold in error. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lostIn general, stolenwe will not be responsible for any transactions generated in error by merchants, processing agencies, or any other third parties not under our control, except as may be required under applicable law. During the period of any Authorization Hold the Card balance reported to you might not reflect that someone has used the Authorization Hold is or may use was in place because available balances are sometimes based on actual debits or credits to your Card without your permission, by calling 0-000-000-0000rather than on Authorization Holds. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 are responsible for knowing when you have initiated a Card transaction that might result in an Au- thorization Hold and for managing other Card transactions accordingly during the period of an Authorization Hold. See "Your Liability for Unauthorized Use of Your Card." You agree Merchants that typically apply Authorization Holds are listed below. Please note that this list is in no way exhaustive and you are subject to cooperate any Authorization Holds applied in connection with us in our investigation of any possible unauthorized the use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of the Card to purchase goods and services. Activity does whether or not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or morethey are listed below.

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services, certain merchants may ask us to authorize the transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an request preauthorization for a Card transaction in the purchase amount (such as plus an estimated tip) additional amount to ensure that there are sufficient funds will be available to cover the final tips or incidental expenses incurred with that transaction; therefore, the authorization hold may be more or less than the final transaction amount. If the amount of the authorization Such a preauthorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold “hold” on your available Card funds in the amount the merchant submits for that preauthorization (“Authorization Hold”). Once the final amount of the transaction is determined and has been processed and settled, your Card will be debited for such amount and the Authorization Hold will be removed. During the period of any Authorization Hold, the Card funds that are subject to the Authorization Hold will generally not be available for 3 business days or 10 days other Card transactions. We will have no liability to you in the case event we decline any Card transaction because an Authorization Hold is in place. We reserve the right to release, in our discretion, any Authorization Hold in order to make funds available for other Card transactions and, unless otherwise provided by law, if we do so we will have no liability to you if we subsequently reject the transaction corresponding to the Authorization Hold due to insufficient Card funds. We will have no liability to you in the event any merchant delays or fails to complete the final processing of a hotel authorizationany Card transaction that corresponds to an Authorization Hold, and/or in the event any merchant requests an Authorization Hold in error. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lostIn general, stolenwe will not be responsible for any transactions generated in error by merchants, processing agencies, or any other third parties not under our control, except as may be required under applicable law. During the period of any Authorization Hold, the Card balance reported to you might not reflect that someone has used the Authorization Hold is or may use was in place because available balances are sometimes based on actual debits or credits to your Card without your permission, by calling 0-000-000-0000rather than on Authorization Holds. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 . See "Your Liability are responsible for Unauthorized Use of Your Card." You agree to cooperate with us knowing when you have initiated a Card transaction that might result in our investigation of any possible unauthorized use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on Authorization Hold and for managing other Card transactions accordingly during the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of the Card to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement period of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or moreAuthorization Hold.

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services at certain merchants or to reserve some types of goods or services, certain merchants we may or the merchant may ask us to authorize preauthorize the transaction in advance Cardholder Transaction and may estimate its final value. When If we authorize preauthorize the transactionCardholder Transaction, we commit to make the requested funds available when the transaction finally settles and may will place a temporary hold use restriction or “hold” on your Card’s available balance funds for the amount submitted by the merchant. We will only post the correct estimated amount of the Cardholder Transaction. IMPORTANT—in many instances the amount of the estimated Cardholder Transaction may exceed the amount of the actual final transaction to Cardholder Transaction. By way of example, a purchase at a restaurant may result in an estimated Cardholder Transaction of the purchase price and an estimated gratuity (tip) of twenty percent (20%). When settlement for the final amount of the Cardholder Transaction occurs, any hold will be released and your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject Card balance will be reduced in an amount corresponding to the authorization hold will not be available to you for other purposesfinal Cardholder Transaction amount. An exception to this rule is that authorizations from hotels are held for 10 business days. Some In addition, some merchants may also add an amount (such as an estimated tip) to the Cardholder Transaction in order to ensure that sufficient funds will be available to cover the final transaction; therefore, the authorization hold may be more or less than the final transaction amountCardholder Transaction. If the amount of the authorization request exceeds the available funds value on your Card, then the transaction may Cardholder Transaction is likely to be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balanceTHE DURATION OF A HOLD WILL NORMALLY BE SEVEN (7) DAYS OR LESS, BUT CERTAIN CATEGORIES OF MERCHANTS, SUCH AS RENTAL CAR COMPANIES AND HOTELS, MAY CAUSE A HOLD ON YOUR AVAILABLE BALANCE FOR UP TO THIRTY (30) DAYS. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtainedUNTIL THE FINAL AMOUNT OF THE CARDHOLDER TRANSACTION IS DETERMINED OR UNTIL WE DETERMINE THAT THE CARDHOLDER TRANSACTION IS UNLIKELY TO BE PROCESSED, THE FUNDS SUBJECT TO THE HOLD WILL NOT BE AVAILABLE FOR OTHER USE. In additionONCE THE FINAL CARDHOLDER TRANSACTION AMOUNT IS DETERMINED, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold for that amount of funds for 3 business days or 10 days in the case of a hotel authorization. IF WE WILL CHARGE YOUR CARD IS LOST OR STOLEN You must notify us ONLY FOR THE AMOUNT OF THE FINAL CARDHOLDER TRANSACTION AND WE WILL RELEASE ANY EXCESS AMOUNT FROM THE HOLD AT ONCE if you believe your SECU Visa Gift Card has been lostTHAT TIME. IN ADDITION, stolenIF YOU BEGIN A PURCHASE AND THE MERCHANT OBTAINS AN AUTHORIZATION, or that someone has used or may use your Card without your permissionAND THEN YOU CANCEL THE PURCHASE WITHOUT COMPLETING IT, by calling 0-000-000-0000THE AUTHORIZATION MAY RESULT IN A TEMPORARY “HOLD” FOR THE AMOUNT OF THE PURCHASE FOR AT LEAST SEVEN (7) DAYS. You may write us at: Cardholder ServicesBY USING YOUR CARD, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 . See "Your Liability for Unauthorized Use of Your CardYOU ACKNOWLEDGE AND AGREE THAT WE MAY PLACE A HOLD ON YOUR CARD AS INDICATED ABOVE." You agree to cooperate with us in our investigation of any possible unauthorized use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of the Card to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or more.

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services, certain merchants may ask us to authorize the transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an amount (such as an estimated tip) to ensure that sufficient funds will be available to cover the final transaction; therefore, the authorization hold may be more or less than the final transaction amount. If the amount of the authorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold for that amount of funds for 3 business days or 10 days in the case of a hotel authorization. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lost, stolen, or that someone has used or may use your Card without your permission, by calling 0-000-000-0000. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa i o u x F a l l s , SD S D 57 117 11 7 - 7235 72 35 . See "Your Liability for Unauthorized Use of Your Card." You agree to cooperate with us in our investigation of any possible unauthorized use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of the Card to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or more.

Authorization Holds. When you use your SECU Visa Gift We and/or some merchants (e.g., restaurants and other merchants who accept gratuities, gas stations, or hotels) may request preauthorization for a Card to pay for goods or services, certain merchants may ask us to authorize the transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the purchase amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an amount (such as plus an estimated tip) additional amount to ensure that there are sufficient funds will be available to cover tips, incidental expenses, or the estimated final transaction; therefore, the authorization hold may be more or less than the final transaction purchase amount. If the amount of the authorization Such a preauthorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold “hold” on your available Card funds in the amount submit- xxx for that preauthorization (“Authorization Hold”). Once the final amount of the transaction is determined and has been processed and settled, your Card will be debited for final amount and the Authorization Hold will be removed. During the period of any Authorization Hold, the Card funds that are subject to the Authorization Hold will generally not be available for 3 business days or 10 days other Card transactions. We will have no liability to you in the case event we decline any Card transaction because an Authorization Hold is in place. We reserve the right to release, in our sole discre- tion, any Authorization Hold in order to make funds available for other Card transactions, and if we do so we will have no liability to you if we subsequently reject the transaction corresponding to the Authorization Hold due to insufficient Card funds. We will have no liability to you in the event any merchant delays or fails to complete the final process- ing of a hotel authorizationany Card transaction that corresponds to an Authorization Hold, and/or in the event any merchant requests an Authorization Hold in error. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lostIn general, stolenwe will not be responsible for any transactions generated in error by merchants, processing agencies, or any other third parties not under our control, except as may be required under applicable law. During the period of any Authorization Hold the Card balance reported to you might not reflect that someone has used the Authorization Hold is or may use was in place because available balances are sometimes based on actual debits or credits to your Card without your permission, by calling 0-000-000-0000rather than on Authorization Holds. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 . See "Your Liability are responsible for Unauthorized Use of Your Card." You agree to cooperate with us knowing when you have initiated a Card transaction that might result in our investigation of any possible unauthorized use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on Authorization Hold and for managing other Card transactions accordingly during the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of the Card to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement period of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or moreAuthoriza- tion Hold.

Authorization Holds. When you use your SECU Visa Gift Card to pay for goods or services, certain We and/or some merchants may ask us to authorize the request preauthorization for a Card transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s available balance for the purchase amount submitted by the merchant. We will only post the correct amount of the final transaction to your Card. Until the transaction finally settles or 3 business days have passed, whichever occurs first, the funds subject to the authorization hold will not be available to you for other purposes. An exception to this rule is that authorizations from hotels are held for 10 business days. Some merchants may also add an amount (such as plus an estimated tip) additional amount to ensure that there are sufficient funds will be available to cover the final transaction; therefore, the authorization hold may be more tips or less than the final transaction amountincidental expenses incurred. If the amount of the authorization Such a preauthorization request exceeds the available funds on your Card, the transaction may be declined. We are not responsible if we do not authorize or pay subsequent Card transactions while such an authorization hold is in place on the available balance. The merchant still has the authority to post the transaction after the authorization has expired if an authorization was initially obtained. In addition, if you commence a purchase and the merchant obtains an authorization and then you cancel the purchase without completing it, the authorization may result in a temporary hold “hold” on your available Card funds in the amount the merchant submits for that preauthorization (“Authorization Hold”). Once the final amount of the transaction is determined and has been processed and settled, your Card will be debited for such amount and the Authorization Hold will be removed. During the period of any Authorization Hold, the Card funds that are subject to the Authorization Hold will generally not be available for 3 business days or 10 days other Card transactions. We will have no li- ability to you in the case event we decline any Card transaction because an Authorization Hold is in place. We reserve the right to release, in our discretion, any Authorization Hold in order to make funds available for other Card transactions, and if we do so we will have no liability to you if we subsequently reject the transaction corresponding to the Authorization Hold due to insufficient Card Funds. We will have no liability to you in the event any merchant delays or fails to complete the final processing of a hotel authorizationany Card transaction that corresponds to an Authorization Hold, and/or in the event any merchant requests an Authorization Hold in error. IF YOUR CARD IS LOST OR STOLEN You must notify us AT ONCE if you believe your SECU Visa Gift Card has been lostIn general, stolenwe will not be responsible for any transactions generated in error by merchants, processing agencies, or any other third parties not under our control, except as may be required under applicable law. During the period of any Authorization Hold the Card balance reported to you might not reflect that someone has used the Authorization Hold is or may use was in place because available balances are sometimes based on actual debits or credits to your Card without your permission, by calling 0-000-000-0000rather than on Authorization Holds. You may write us at: Cardholder Services, P. O. Box 7 2 3 5 , S io ux Fa l l s , SD 57 117 - 7235 are responsible for knowing when you have initiated a Card transaction that might result in an Authorization Hold and for managing other Card transactions accordingly during the period of an Authorization Hold. See "Your Liability for Unauthorized Use of Your Card." You agree Merchants that typically apply Authorization Holds are listed below. Please note that this list is in no way exhaustive and you are subject to cooperate any Authorization Holds applied in connection with us in our investigation of any possible unauthorized the use of your SECU Visa Gift Card. FEES Initial Issuance Fee $2.00 when purchased at an SECU branch $3.50 when purchased on the SECU website Card Inactivity Fee $1.00/month after 12 months of no activity* Card Replacement Fee $8.00** *Activity includes the purchase of the Card, and use of whether or not they are listed below. Merchant Authorization Holds Fuel Pumps Hold amount may apply until finalized purchase is posted to the Card Restaurants, Hotels, travel and Entertainment Hold amount may apply until finalized purchase is posted to purchase goods and services. Activity does not include: the imposition of fees; an adjustment due to an error; a reversal of a prior transaction; replacement of an expired, lost, or stolen Card; balance inquiries, and incomplete transactions. **There is no fee for replacing an expired Card with a remaining balance of $20.00 or more.