Document:

<PAGE>

                                                                  Exhibit 4.1(d)

         AGREEMENT OF RESIGNATION, APPOINTMENT AND ACCEPTANCE, dated as of
November 14, 2001 by and among METRIS COMPANIES INC., a corporation duly
organized and existing under the laws of the State of Minnesota (the "Company"),
BANK ONE TRUST COMPANY, N.A. (Successor-in-Interest to The First National Bank
of Chicago), a national banking association duly organized and existing under
the laws of the United States of America ("Prior Trustee") and US BANK NATIONAL
ASSOCIATION, a national banking association duly organized and existing under
the laws of the United States of America ("Successor Trustee").

                                    RECITALS:

         WHEREAS, the Company and Prior Trustee entered into a Trust Indenture
dated as of November 7, 1997, a First Supplemental Indenture dated as of June
25, 1999, a Second Supplemental Indenture dated as of February 28, 2000, and a
Third Supplemental Indenture dated as of January 2, 2001 (collectively, the
"Indenture");

         WHEREAS, the Senior Notes (as such term is defined in the Indenture)
were originally authorized and issued under the Indenture;

         WHEREAS, Section 7.08 of the Indenture provides that the Trustee may at
any time resign by giving written notice of such resignation to the Company with
such resignation to become effective upon the acceptance by a successor Trustee
of its appointment as a successor Trustee;

         WHEREAS, Section 7.08 of the Indenture provides that if the Trustee
shall resign, the Company shall appoint a successor Trustee;

         WHEREAS, Section 7.08 of the Indenture provides that any successor
Trustee appointed in accordance with the Indenture shall execute, acknowledge
and deliver to the Company and to its predecessor Trustee an instrument
accepting such appointment under the Indenture, and thereupon the resignation of
the predecessor Trustee shall become effective and such successor Trustee,
without any further act, deed or conveyance, shall become vested with all
rights, powers, duties and obligations of the predecessor Trustee;

         WHEREAS, the Company desires to appoint Successor Trustee as Trustee,
Paying Agent and Registrar to succeed Prior Trustee in such capacities under the
Indenture; and

         WHEREAS, Successor Trustee is willing to accept such appointment as
Successor Trustee, Paying Agent and Registrar under the Indenture;

         NOW, THEREFORE, the Company, Prior Trustee and Successor Trustee, for
and in consideration of the premises of other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, hereby consent and
agree as follows:

                                    ARTICLE I

                                THE PRIOR TRUSTEE
                                -----------------

         SECTION 1.01 Prior Trustee hereby resigns as Trustee under the
Indenture.

         SECTION 1.02 Prior Trustee hereby assigns, transfers, delivers and
confirms to Successor Trustee all right, title and interest of Prior Trustee in
and to the trusts of the Trustee under the Indenture

                                       1

<PAGE>

and all the rights, powers and trusts of the Trustee under the Indenture. Prior
Trustee shall execute and deliver such further instruments and shall do such
other things as Successor Trustee may reasonably require so as to more fully and
certainly vest and confirm in Successor Trustee all the rights, powers and trust
hereby assigned, transferred, delivered and confirmed to Successor Trustee as
Trustee, Paying Agent and Registrar.

         SECTION 1.03 Resigning Trustee hereby represents and warrants to
Successor Trustee that:

(a)      No covenant or condition contained in the Indenture has been waived by
Resigning Trustee or, to the best of the knowledge of the Responsible Officers
of Resigning Trustee, by the Holders of the percentage in aggregate principal
amount of the Bonds required by the Indenture to effect any such waiver.

(b)      There is no action, suit or proceeding pending or, to the best of the
knowledge of the Responsible Officers assigned to Resigning Trustee, threatened
against Resigning Trustee before any court or any governmental authority arising
out of any action or omission by Resigning Trustee as Trustee under the
Indenture.

(c)      As of the effective date of this Agreement, Resigning Trustee will hold
no property under the Indenture.

(d)      Pursuant to the Indenture, Resigning Trustee duly authenticated and
delivered, on November 7, 1997 aggregate principal amount of the Senior Notes,
$100,000,000 of which are outstanding as of the effective date hereof.

(e)      Each person who so authenticated the Senior Notes was duly elected,
qualified and acting as an officer of Resigning Trustee and empowered to
authenticate the Senior Notes at the respective times of such authentication and
the signature of such person or persons appearing on such Senior Notes is each
such person's genuine signature.

(f)      This Agreement has been duly authorized, executed and delivered on
behalf of Resigning Trustee and constitutes its legal, valid and binding
obligation.

(g)      To the best of the knowledge of the responsible Officers of the
Resigning Trustee, no event has occurred and is continuing which is, or after
notice or lapse of time would become, an Event of Default under Section 6.01 of
the Indenture or the First and Second Supplemental Indentures.

                                   ARTICLE II

                                   THE COMPANY
                                   -----------

         SECTION 2.01 The Company hereby accepts the resignation of Prior
Trustee as Trustee, Paying Agent and Registrar under the Indenture.

         SECTION 2.02 All conditions relating to the appointment of US BANK
NATIONAL ASSOCIATION as Successor Trustee, Paying Agent and Registrar under the
Indenture have been met by the Company, and the Company hereby appoints
Successor Trustee as Trustee, Paying Agent and Registrar under the Indenture
with like effect as if originally named as Trustee, Paying Agent and Registrar
in the Indenture.

                                       2

<PAGE>

         SECTION 2.03 The Company hereby represents and warrants to Prior and
Successor Trustee that:

(a)      The Indenture was validly and lawfully executed and delivered by the
Company and the Senior Notes were validly issued by the Company.

(b)      The Company has performed or fulfilled prior to the date hereof, and
will continue to perform and fulfill after the date hereof, each covenant,
agreement, condition, obligation and responsibility under the Indenture.

(c)      No event has occurred and is continuing which is, or after notice or
lapse of time would become, an Event of Default under Section 6.01 of the
Indenture.

(d)      No covenant or condition contained in the Indenture has been waived by
Company or, to the best of Company's knowledge, by the Holders of the percentage
in aggregate principal amount of the Senior Notes. required to effect any such
waiver.

(e)      There is no action, suit or proceeding pending or, to the best of
Company's knowledge, threatened against the Company before any court or any
governmental authority arising out of any action or omission by Company under
the Indenture.

(f)      This Agreement has been duly authorized, executed and delivered on
behalf of Company and constitutes its legal, valid and binding obligation.

(g)      All conditions precedent relating to the appointment of US Bank
National Association as Trustee under the Indenture has been complied with by
the Company.

                                   ARTICLE III

                              THE SUCCESSOR TRUSTEE
                              ---------------------

         SECTION 3.01 Successor Trustee hereby represents and warrants to Prior
Trustee and to the Company that Successor Trustee is not disqualified to act as
Trustee under the Indenture.

         SECTION 3.02 Successor Trustee hereby accepts its appointment as
Successor Trustee, Paying Agent and Registrar under the Indenture and accepts
the rights, powers, duties and obligations of Prior Trustee as Trustee, Paying
Agent and Registrar under the Indenture, upon the terms and conditions set forth
therein, with like effect as if originally named as Trustee, Paying Agent and
Registrar under the Indenture.

                                   ARTICLE IV

                                  MISCELLANEOUS
                                  -------------

         SECTION 4.01 This Agreement and the resignation, appointment and
acceptance effected hereby shall be effective as of the opening of business on
November 14, 2001.

         SECTION 4.02 This Agreement shall be governed by and construed in
accordance with the laws of the State of New York, without regard to the
conflicts of laws principles thereof.

                                       3

<PAGE>

         SECTION 4.03 This Agreement may be executed in any number of
counterparts each of which shall be an original, but such counterparts shall
together constitute but one and the same instrument.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement of Resignation
Appointment and Acceptance to be duly executed and acknowledged all as of the
day and year first above written.

                                             METRIS COMPANIES INC.,
                                                    as Company

                                             By: ______________________________
                                             Name:
                                             Title:

                                             BANK ONE TRUST COMPANY, N.A.
                                             (Successor-in-Interest to The First
                                             National Bank of Chicago),
                                                    as Prior Trustee

                                             By: ______________________________
                                             Name:
                                             Title:

                                             US BANK NATIONAL ASSOCIATION,
                                                    as Successor Trustee

                                             By: ______________________________
                                             Name:
                                             Title:

                                        4<PAGE>

                                                                  Exhibit 4.7(b)

                        METRIS COMPANIES INC., as Issuer,

                          the GUARANTORS named herein

                                       and

                        THE BANK OF NEW YORK, as Trustee

                               up to $250,000,000

                     10 1/8% Senior Notes due 2006, Series A
                     10 1/8% Senior Notes due 2006, Series B

                     --------------------------------------

                          SECOND SUPPLEMENTAL INDENTURE

                           Dated as of January 2, 2001

                                       to

                      Indenture dated as of July 13, 1999,
    as amended by the First Supplemental Indenture dated as of February 28, 2000

                     --------------------------------------

    SECOND SUPPLEMENTAL INDENTURE, dated as of January 2, 2001, among METRIS
COMPANIES INC., a Delaware corporation (the "Company"), METRIS DIRECT, INC., a
Minnesota corporation ("Metris Direct"), magnUS SERVICES, INC. (formerly known
as Metris Recovery Services, Inc.), a Delaware corporation ("magnUS"), METRIS
CREDIT CARD SERVICES, INC., a Delaware corporation ("Metris Credit Card"),
METRIS CARD SERVICES, LLC, a Delaware limited liability company ("Metris LLC"
and, together with Metris Direct, magnUS and Metris Credit Card, the
"Guarantors") and THE BANK OF NEW YORK, as Trustee (the "Trustee") to the
Indenture, dated as of July 13, 1999, as amended by the First Supplemental
Indenture dated as of February 28, 2000, among the Company, Metris Direct and
magnUS, as guarantors, and the Trustee relating to the 10 1/8% Senior Notes due
2006, Series A and the 10 1/8% Senior Notes due 2006, Series B of the Company
(the "Securities").

                                    RECITALS

    Pursuant to the terms of the Indenture, any Restricted Subsidiary of the
Company, other than a Securitization Entity, that Guarantees any Indebtedness of
the Company is required to execute a Subsidiary Guarantee and deliver it to the
Trustee.

    Metris Credit Card and Metris LLC are Restricted Subsidiaries of the Company
and each intends to guarantee other Indebtedness of the Company.

<PAGE>

         Pursuant to Section 9.01(h) of the Indenture, the Trustee may enter
into a supplemental indenture without the consent of any Holder to add a
Guarantor.

         The Company has furnished the Trustee with (i) an Opinion of Counsel
stating that the execution of this Second Supplemental Indenture complies with
the provisions of Section 9.01(h); (ii) a copy of the resolution of its Board of
Directors certified by its Secretary; (iii) a copy of the resolutions of the
Board of Directors of each of Metris Direct, magnUS, Metris Credit Card and
Metris LLC certified by their respective Secretaries and (iv) the Security
Guarantee of each of Metris Credit Card and Metris LLC.

         All things necessary to make this Second Supplemental Indenture a valid
agreement of the Company, the Guarantors and the Trustee and a valid amendment
and supplement to the Indenture have been done.

         NOW, THEREFORE, THIS SECOND SUPPLEMENTAL INDENTURE WITNESSETH:

         Each party hereto agrees as follows for the benefit of each other party
and for the equal and ratable benefit of Holders of the Securities, as follows:

                                    ARTICLE I

         Section 101. Pursuant to Section 4.14 of the Indenture, each of Metris
Credit Card and Metris LLC has become a Guarantor under the Indenture, and each
has agreed, pursuant to a Security Guarantee executed on the date hereof, to
undertake the obligations of Guarantor as set forth in Article Ten of the
Indenture.

                                   ARTICLE II

         Section 201. For purposes of this Second Supplemental Indenture, except
as otherwise herein expressly provided or unless the context otherwise requires:
(i) the terms and expressions used herein shall have the same meanings as
corresponding terms and expressions used in the Indenture: and (ii) the words
"herein", "hereof" and "hereby" and other words of similar import used in this
Second Supplemental Indenture refer to this Second Supplemental Indenture as a
whole and not to any particular section hereof.

         Section 202. Except as expressly amended hereby, the Indenture, as
amended by the First Supplemental Indenture, is in all respects ratified and
confirmed and all the terms, conditions and provisions thereof shall remain in
full force and effect.

         Section 203. This Second Supplemental Indenture shall form a part of
the Indenture for all purposes, and every Holder of Securities heretofore or
hereafter authenticated and delivered shall be bound hereby.

         Section 204. This Second Supplemental Indenture may be executed in any
number of counterparts, each of which when so executed shall be deemed to be an
original, and all of such counterparts shall together constitute one and the
same instrument.

         Section 205. The Trustee makes no representation as to the validity or
sufficiency of this Second Supplemental Indenture.

                                       2

<PAGE>

         Section 206. The Recitals contained herein shall be taken as the
statements of the Company, and the Trustee assumes no responsibility for their
correctness.

         Section 207. This instrument shall be deemed to be a contract made
under the laws of the State of New York and for all purposes shall be governed
by and construed in accordance with the laws of the State of New York.

         IN WITNESS WHEREOF, the parties hereto have caused this Second
Supplemental Indenture to be duly executed, all as of the first day and year
first written above.

                         [Signatures on following page.]

                                       3

<PAGE>

                              METRIS COMPANIES INC.

                              By: ______________________________________
                              Name:  Ralph A. Than
                              Title: Senior Vice President, Treasurer

                              METRIS DIRECT, INC.

                              By: ______________________________________
                              Name:  Ralph A. Than
                              Title: Senior Vice President, Treasurer

                              magnUS SERVICES, INC.

                              By: ______________________________________
                              Name:  Jean C. Benson
                              Title: Treasurer

                              METRIS CREDIT CARD SERVICES, INC.

                              By: ______________________________________
                              Name:  Jean C. Benson
                              Title: Treasurer

                              METRIS CARD SERVICES, LLC

                              By: ______________________________________
                              Name:  Jean C. Benson
                              Title: Treasurer

                              THE BANK OF NEW YORK

                              By  ______________________________________
                              Name:
                              Title:

                                       4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00035-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00035-of-00352.parquet"}]]