b'HSBC Premier World Mastercard\xc2\xae Cardmember Agreement\n\n06/2020\n\nHSBC CARDMEMBER AGREEMENT\nPART 1 OF 2: TERMS AND CONDITIONS\n1. ABOUT THIS AGREEMENT\nPart 1 Terms and Conditions\nPart 2 Account Opening Table\nPart 1 and 2 together make your Agreement and govern your Credit Card Account with us (your \xe2\x80\x9cAccount\xe2\x80\x9d).\nThis Agreement includes an Arbitration provision. If you are a Servicemember or dependent covered by the protections of the\nMilitary Lending Act, the Arbitration provision does not apply to you.\n\n2. KEY TERMS\n\xe2\x80\x9cYou\xe2\x80\x9d and \xe2\x80\x9cyour\xe2\x80\x9d means each person who:\n\xe2\x80\xa2applied for this Account, and/or\n\xe2\x80\xa2agrees to pay for the Account.\n\xe2\x80\x9cWe,\xe2\x80\x9d \xe2\x80\x9cus,\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d means HSBC Bank USA, N.A.\n\xe2\x80\x9cAgreement\xe2\x80\x9d means Parts 1 and 2 of this document and any supplements or amendments.\n\xe2\x80\x9cCard\xe2\x80\x9d means any card, card number or other device we issue to access your Account.\n\xe2\x80\x9cAPR\xe2\x80\x9d means Annual Percentage Rate.\n\xe2\x80\x9cNetwork\xe2\x80\x9d means Visa International, Mastercard International Incorporated or other governing credit card network, as applicable.\n\n3. USING YOUR ACCOUNT\nYour card must be signed before using. When you receive this Agreement, use the Account, or sign or keep the Card, you agree\nto:\n\xe2\x80\xa2the terms of this Agreement; plus\n\xe2\x80\xa2any amendments or supplements to the Agreement.\nTYPES OF USE\nYou may use your Account for:\n\xe2\x80\xa2Purchases;\n\xe2\x80\xa2Balance Transfers;\n\xe2\x80\xa2Check Transactions;\n\xe2\x80\xa2Cash Advances.\nWe may limit the amount and/or frequency of any type of use at any time.\nCash Advance transactions are considered:\n\xe2\x80\xa2ATM withdrawals\n\xe2\x80\xa2Overdraft transactions\n\xe2\x80\xa2Checks used for purposes other than Balance Transfers\n\xe2\x80\xa2Over the counter (at bank)\n\xe2\x80\xa2Other \xe2\x80\x9ccash like\xe2\x80\x9d transactions, such as purchasing money orders, gaming transactions, or purchasing lottery tickets.\nALLOWED USE\nYou agree to:\n\xe2\x80\xa2use your Account only for lawful purposes\n\xe2\x80\xa2use your Account for only personal, family, household, or charitable purposes; and\nINTERNAL\n\n\x0c\xe2\x80\xa2repay us for all costs related to uses not allowed under this Agreement.\nYou are not allowed to use your Account:\n\xe2\x80\xa2To make payments to this credit card or any other loan payments to us or our affiliates; for unlawful internet gambling.\nIf you have given permission to use this card to someone, these transactions are not considered unauthorized and you will\nbe liable for these purchases.\nUSING THE ACCOUNT\nAt times we may:\n\xe2\x80\xa2decline a transaction if there is not enough available credit and for any other reason; and/or\n\xe2\x80\xa2require our Authorization before allowing a transaction.\nAny merchant may request to check your ID.\nWe are not liable if:\n\xe2\x80\xa2a merchant refuses your card; and/or\n\xe2\x80\xa2we do not complete your transaction for any reason.\n\n4. CREDIT LIMIT\nWhen we first send your Card, we will tell you:\n\xe2\x80\xa2the total credit limit on your Account.\n\xe2\x80\xa2the total cash advance limit on your Account.\nWe may change these limits from time to time, including:\n\xe2\x80\xa2Reduce your credit limit and/or\n\xe2\x80\xa2Suspend your access to available credit\nWhenever this occurs, we will notify you:\n\xe2\x80\xa2on your billing statement; and/or\n\xe2\x80\xa2by sending a notice.\nYou agree to:\n\xe2\x80\xa2Keep your Account balance (which includes interest and other charges) within your credit limit; and\n\xe2\x80\xa2Pay any over limit amount that might occur.\nYour available credit may not reflect your payments for up to 14 days. If a transaction exceeds your available credit, we may\ndecline it.\n\n5. INTEREST RATES\nABOUT YOUR APRs\nYour APRs are shown in Part 2.\nA Daily Periodic Rate is used to determine your Interest Charges in any billing cycle. To determine this rate, we divide your\nAPR by 365; then round this number up to the next hundred thousandth of a percentage point.\nPROMOTIONAL OR INTRODUCTORY APR\nWe may offer you special Promotional or Introductory APRs from time to time. If we do, we will tell you:\n\xe2\x80\xa2The eligible transaction types;\n\xe2\x80\xa2how long this APR will last; and\n\xe2\x80\xa2any other special terms of the offer.\nHOW A VARIABLE RATE MAY CHANGE\nYour variable APRs can change with each monthly billing cycle.\nWe will apply each APR to the applicable balance for each type of Transaction. Each variable APR will be equal to:\n\nINTERNAL\n\n\x0ca) the amount shown in Part 2 (\xe2\x80\x9cSpread\xe2\x80\x9d); plus\nb) the U.S. \xe2\x80\x9cPrime Rate\xe2\x80\x9d as defined below.\nThe Prime Rate will be as shown in the Money Rates table of The Wall Street Journal that is in effect on the last day of the\nmonth.\nAny changes in the Prime Rate will take effect on the first day of your billing cycle beginning in the next month.\nAn increase in the U.S. Prime Rate will increase your Daily Periodic Rate (\xe2\x80\x9cDPR\xe2\x80\x9d). It may also increase your:\n\xe2\x80\xa2Interest Due; and/or\n\xe2\x80\xa2Minimum Payment Due.\nABOUT THE PENALTY APR\nHSBC Premier World Elite Mastercard\xc2\xae, HSBC Premier World\nMastercard\xc2\xae, HSBC Advance Mastercard\xc2\xae, HSBC Cash\nRewards Mastercard\xc2\xae, HSBC Platinum Mastercard\xc2\xae, HSBC\nPlatinum with Rewards Mastercard\xc2\xae, HSBC Cash Rewards\nMastercard\xc2\xae Student Account.\n\nPenalty APR will apply to\nboth new and existing transactions. We review\nyour Account every 6 months after the Penalty APR is applied.\nThe Penalty APR will continue to apply until after you have\nmade timely payments during the 6 months being reviewed.\n\nHSBC Gold Mastercard\xc2\xae\n\nPenalty APR does not apply\n\n6. INTEREST CHARGES\nHOW INTEREST CHARGES ARE CALCULATED\nTo determine your periodic Interest Charges on each billing statement, we:\n\xe2\x80\xa2 Determine the Average Daily Balance for each type of transaction; (for example, purchases, balance transfers, and\ncash advances); then\n\xe2\x80\xa2 Multiply this number by the applicable DPR: then\n\xe2\x80\xa2 Multiply this number by the total number of days in the billing cycle.\nWe use the applicable DPR in effect on the billing statement closing date.\nHOW DAILY BALANCE IS DETERMINED\nTo determine your Daily Balance, we:\n\xe2\x80\xa2 Take the beginning balance for each type of transaction that day; then\n\xe2\x80\xa2 Add the following that were incurred on that day:\na) Any new transactions;\nb) Any previous day\xe2\x80\x99s periodic Interest Charges;\nc) Any Finance Charges; and\nd) Any fees and charges, then\n\xe2\x80\xa2 Subtract any payments and/or credits.\nWe also make any needed adjustments. For example:\n\xe2\x80\xa2 If a transaction posts after, but occurs before the start of a billing cycle, we may adjust the amount above to include\nthis transaction. It will be included as of the first day of the billing cycle in which it posts.\n\xe2\x80\xa2 If your Account is subject to a grace period during the billing cycle, your payments will be subtracted from all Daily\nBalances in the current billing cycle.\n\xe2\x80\xa2 If a transaction for a returned payment or a dispute resolved in our favor posts after the beginning of the billing cycle,\nwe will make this adjustment:\nThe applicable Daily Balance(s) and any related Interest Charge calculations will be adjusted to include the transaction\n\nINTERNAL\n\n\x0camount as of the date of the original payment or transaction.\nTo calculate your Average Daily Balance, we:\n\xe2\x80\xa2 Add the Daily Balances for each day of the billing cycle; then\n\xe2\x80\xa2 Divide this total by the number of days in the billing cycle.\nPAYING INTEREST\nYour due date is at least 25 days after the close of each billing cycle. Your Account has a grace period on purchases. We\nwill not charge you interest on new purchases if you pay your previous non-promotional balance including fees and Interest\nCharges, by the due date each month. We will begin charging interest on cash advances and balance transfers on the\ntransaction date, unless, under the terms of the promotional offer, no interest will accrue during the promotional offer\nperiod, provided your account remains in good standing. However, no Interest will be charged on new purchase for any\nbilling cycle when:\n\xe2\x80\xa2 You paid your entire non-promotional balance plus any fees and finance charges in the previous month on time; and\n\xe2\x80\xa2 You pay your entire current month\xe2\x80\x99s non-promotional balance plus any fees and finance charges on time as well.\n\n7. PAYMENTS\nPROMISE TO PAY\nYou promise to pay for all:\n\xe2\x80\xa2credit we extend; plus\n\xe2\x80\xa2Interest Charges and other fees or charges; plus\n\xe2\x80\xa2collection costs and attorney fees as allowed by law.\nIf your Account is a joint Account, each of you is jointly and individually responsible for amounts due. This remains true in\nthe event of death, divorce or other events that affect liability between you and the other person.\nIf any joint Account holder requests to not be liable for future transactions, we may close the Account.\nHOW WE APPLY PAYMENTS\n\xe2\x80\xa2When you make a payment, we apply the Minimum Payment Due to the balance on your monthly statement with the\nhighest APR first.\n\xe2\x80\xa2Payment amounts in excess of your Minimum Payment Due will be applied to balances with higher APRs before\nbalances with lower APRs.\n\xe2\x80\xa2We apply payments to balances appearing on your monthly billing statement before being applied to new\ntransactions. An example of a new transaction is a recent purchase or cash advance that has not yet been included in\nthe New Balance as shown on your statement.\nIf you do not pay your non-promotional balance in full each month, you may not be able to avoid interest charges on new\npurchases.\nMINIMUM PAYMENT DUE\nYour Minimum Payment Due each billing cycle will be as follows:\n1. If your New Balance is $25 or less, your Minimum Payment Due is equal to your New Balance.\n2. If your New Balance is more than $25, your Minimum Payment Due is equal to any amount past due, plus the greater\nof:\na) $25\nb) 1% of your New Balance; plus\n--Billed Late Payment Fees plus\n--Billed Interest Charges\nUnless your Minimum Payment Due is equal to your new Account balance, it will be rounded up to the nearest dollar.\n\nINTERNAL\n\n\x0cWHEN AND HOW TO PAY\nYou agree to:\n\xe2\x80\xa2Pay at least the Minimum Payment Due as shown on your billing statement, and described in this Agreement.\n\xe2\x80\xa2Make this payment in time to be credited by no later than the Payment Due Date.\nIf you wish, you may pay more than the Minimum Payment Due or the entire balance at any time.\nPayments must be:\n\xe2\x80\xa2made in U.S. dollars; and\n\xe2\x80\xa2paid from a U.S. financial institution, and sent in a form that is acceptable to us.\nAcceptable forms of payment include:\n\xe2\x80\xa2a check or money order; or\n\xe2\x80\xa2an electronic funds transfer.\nIf you want to write any special conditions on your payment, such as \xe2\x80\x9cpaid in full\xe2\x80\x9d, \xe2\x80\x9cwithout recourse\xe2\x80\x9d, or similar language,\nyou must mark this clearly on your payment. Send this payment to the address noted on your statement as the \xe2\x80\x9cBilling\nInquiry\xe2\x80\x9d address.\nUnless you follow the above directions, we may accept apayment marked with special conditions and not agree to those\nconditions, and will not lose any of our rights.\nBy sending us a check for payment on your Account, you authorize us either to:\n\xe2\x80\xa2use information from your check to initiate an electronic fund transfer from your payment account according to the\nterms of the check; or\n\xe2\x80\xa2to process this transaction as a check.\nWhen we use your check to make an electronic funds transfer:\n\xe2\x80\xa2funds may be withdrawn from your payment account the same day we receive your payment: and\n\xe2\x80\xa2you will not receive your check back from your bank.\nWhen you use our optional payment by phone service, you agree that:\n\xe2\x80\xa2we may make an electronic funds transfer from the bank account you choose; or\n\xe2\x80\xa2we may process the payment the same way we would process a check.\nYou authorize the amount and timing of each payment. Please retain this authorization for your records.\nIf your payment is returned:\n\xe2\x80\xa2the amount you paid will be reversed back to your Account and may be applied to a different category than originally\nposted; and\n\xe2\x80\xa2Interest Charges may be restored back to the payment date at the APR for that transaction.\n\n8. FEES\nTREATMENT OF FEES\nFees are listed on the Account Opening Table in Part 2 of the Cardmember Agreement.\nAny fees will be added to your purchase balance unless otherwise stated in this Agreement.\nMINIMUM INTEREST CHARGE\nIf you are charged Interest, the charge will be no less than the Minimum Interest Charge listed in Part 2. The Minimum\nInterest Charge will be Allocated to each balance category subject to an Interest Charge.\nBALANCE TRANSFER FEE\nApplies to balance transfer and check transactions; and is assessed as of the date the balance transfer or check transaction\nposts to your Account. This fee is a finance charge. We will add it to the same balance as the balance transfer or check.\nCHECK FEE\nApplies to checks written for other purposes than Balance Transfers. We assess this fee as of the date the check posts to\nINTERNAL\n\n\x0cyour Account. This fee is added to the same balance as the check transaction, and is considered a Finance Charge.\nCASH ADVANCE FEE\nApplies to cash advance transactions; and is assessed as of the date the cash advance transaction posts to your Account.\nThis fee is a Finance Charge. We will add it to the same balance as the cash advance.\nOVERDRAFT TRANSACTION FEE\nOverdraft transfers to your eligible HSBC deposit account from your credit card account will be a Cash Advance transaction\nunder your Cardmember Agreement. Transfers will be subject to the terms of both your Cardmember Agreement and the\nTerms & Charges Disclosures governing your HSBC deposit account. In the event that your deposit account has insufficient\nfunds, we will automatically transfer funds rounded to the next full dollar amount. Your HSBC Credit Card Account will\ncover any overdraft on your deposit account, as long as the credit available on your HSBC Credit Card Account is sufficient\nand you are not in default under your Cardmember Agreement.\nThe overdraft fee is computed based on the amount of each overdraft transaction. This fee is a Finance Charge. We will\nadd it to the same balance as the overdraft.\nANNUAL FEE\nIf your Account has an annual fee, you agree this fee is charged to your Account every year your Account is open. We will\npost a reminder message on your billing statement a month prior to the Annual Fee being assessed.\nHow you can avoid paying an Annual Fee\n\xe2\x80\xa2Maintain relationship requirements as outlined in Part 2 of the Cardmember Agreement.\n\xe2\x80\xa2You may be able to product transfer your credit card to another HSBC Mastercard\xc2\xae credit card product. Product\ntransfer may result in a change to your APRs and Fees and the loss of eligibility in the Rewards Program. Any\naccumulated Rewards Program Points will be transferred to your new HSBC Mastercard\xc2\xae credit card Account, if the\nHSBC Mastercard\xc2\xae credit card you choose has a Rewards Program.\n\xe2\x80\xa2Close your Premier World, Premier World Elite or Advance Mastercard\xc2\xae credit card Account. If your Account is closed\nyou will not be able to use your Account for new transactions and you will forfeit all your Rewards Program Points as\nof the date the Account is closed.\n\xe2\x80\xa2Conditions for Annual Fee Reversals\n\xe2\x80\xa2If you have not used your Account and you close your Account within 90 days of when the Annual Fee was assessed,\nthe Annual Fee will be refunded (if paid) or reversed.\n\xe2\x80\xa2If the only balance on your Account is the Annual Fee and you do not pay the Annual Fee within 90 days from the\nPayment Due Date on which the said Annual Fee was payable,the Annual Fee will be credited and your Account will\nbe closed.\n\xe2\x80\xa2If you close your Account before the Payment Due Date on the billing statement on which the Annual Fee is assessed,\nthe Annual Fee will be refunded (if paid) or reversed. If your Account is closed, you must pay the balance according to\nthe terms of this Agreement.\n\xe2\x80\xa2For Premier World and Advance Mastercard\xc2\xae Accounts if you are assessed an Annual Fee and have paid it in full and\nsubsequently hold a qualifying U.S. HSBC Advance or Premier (which includes Jade) checking account relationship,\nthe prorata portion of any paid Annual Fee will be refunded to you.\nLATE PAYMENT FEE\nFor the HSBC Gold Mastercard, for each calendar year, the Late Payment Fee will be $0 for the first late payment, $28 for\nthe second late payment, and $39 for each subsequent late payment within that calendar year. For all other cards, the Late\nPayment Fee is $28, except that the Late Payment Fee will increase to $39 for each subsequent late payment, and the Late\nPayment Fee will reset to $28 after you make 6 consecutive on-time payments. This fee will not exceed the amount of your\nMinimum Payment Due.\nRETURNED PAYMENT FEE\nIt is charged each time a check or other form of payment to us is returned or not honored. The Returned Payment Fee will\nnot exceed the amount of your Minimum Payment Due.\nCOPY REQUEST FEE\nA fee may be charged each time a copy of a document is requested. The fee amount will be disclosed at the time of your\nrequest.\n\nINTERNAL\n\n\x0cFEES AND LIMITS\nThe fees that apply to your Account are shown in the purchase balance unless otherwise stated in this Agreement.\nIf charging any fee shown in Part 2 would exceed first-year fee limits set by law, we may charge an amount allowed by\nlaw. If we do this, it does not affect our ability to charge the full fee amount later.\n\n9. TRANSACTIONS MADEIN FOREIGN CURRENCIES\nIf you make a transaction in a foreign currency, the transaction will be converted by the Network, into a U.S. dollar amount\nin accordance with its operating regulations or conversion procedures in effect at the time the transaction is processed. The\ncurrency conversion rate in effect on the processing date may differ from the rate in effect on the transaction or posting\ndate. The Network may change the procedures, from time to time, at its own discretion.\n\n10. YOUR BILLING RIGHTS\nThis notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.\nWhat to Do If You Find a Mistake on Your Statement\nIf you think there is an error on your statement, write to us at:\nHSBC Bank USA, N.A. PO Box 9, Buffalo, NY 14240 or at the address shown on your billing statement.\nIn your letter, give us the following information:\n\xe2\x80\xa2Account information: Your name and account number.\n\xe2\x80\xa2Dollar amount: The dollar amount of the suspected error.\n\xe2\x80\xa2Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you\nbelieve it is a mistake.\nYou must contact us:\n\xe2\x80\xa2Within 60 days after the error appeared on your statement.\n\xe2\x80\xa2At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you\nthink is wrong.\nYou must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any\npotential errors and you may have to pay the amount in question.\nWhat Will Happen After We Receive Your Letter\nWhen we receive your letter, we must do two things:\n\xe2\x80\xa2Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you if we have\nalready corrected the error.\n\xe2\x80\xa2Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is\ncorrect.\nWhile we investigate whether or not there has been an error:\n\xe2\x80\xa2We cannot try to collect the amount in question, or report you as delinquent on that amount.\n\xe2\x80\xa2The charge in question may remain on your statement, and we may continue to charge you interest on that amount.\n\xe2\x80\xa2While you do not have to pay the amount in question, you are responsible for the remainder of your balance.\n\xe2\x80\xa2We can apply any unpaid amount against your credit limit.\nAfter we finish our investigation, one of two things will happen:\n\xe2\x80\xa2If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that\namount.\n\xe2\x80\xa2If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest\nand fees. We will send you a statement of the amount you owe and the date payment is due. We may then report you\nas delinquent if you do not pay the amount we think you owe.\nIf you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that you still\nrefuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are questioning your bill.\n\nINTERNAL\n\n\x0cWe must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know\nwhen the matter has been settled between us.\nIf we do not follow all of the rules above, you do not have to pay the first $50 of the amount you question even if your billis\ncorrect.\nYour Rights If You Are Dissatisfied With Your Credit Card Purchases\nIf you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in\ngood faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the\npurchase.\nTo use this right, all of the following must be true:\n\xe2\x80\xa2The purchase must have been made in your home State or within 100 miles of your current mailing address, and the\npurchase price must have been more than $50. (Note: Neither of these are necessary if your purchase was based on\nan advertisement we mailed to you, or if we own the company that sold you the goods or services.)\n\xe2\x80\xa2You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a\ncheck that accesses your credit card account do not qualify.\n\xe2\x80\xa2You must not yet have fully paid for the purchase.\nIf all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:\nHSBC Bank USA, N.A. PO Box 9, Buffalo, NY 14240\nWhile we investigate, the same rules apply to the disputed amount as decision. After we finish our investigation, we will tell\nyou our decision. At that point, if we think you owe an amount and you do not pay, we may report you as delinquent.\n\n11. CREDIT REPORTING\nYou agree that we may obtain and use credit information about you from others such as:\n\xe2\x80\xa2 merchants or stores;\n\xe2\x80\xa2 other lenders;\n\xe2\x80\xa2 consumer reporting agencies.\nIf you fail to meet the terms of this Agreement, we may send a negative report to consumer reporting agencies.\nIf you believe we have reported inaccurate information about your Account to any consumer reporting agency, you should:\n\xe2\x80\xa2 Notify us and ask us to correct the inaccurate information by writing to us at\nHSBC Bank USA, N.A., PO Box 9, Buffalo, NY 14240.\nWhen you write to us, please include:\n\xe2\x80\xa2 your Account number; and\n\xe2\x80\xa2 the specific information you believe is not correct; and why you believe it is not correct.\n\n12. AUTHORIZED USERS\nYou may request to add one or more Authorized Users to your Account. If your request is granted, you are responsible for\nall charges made by your Authorized Users.\nHSBC Cash Rewards Mastercard\xc2\xae credit card Student Accounts do not qualify for Authorized Users.\nTo revoke another person\xe2\x80\x99s permission to use your Account, you must:\n\xe2\x80\xa2notify us; and\n\xe2\x80\xa2retrieve and destroy any Cards, checks or other Account access devices from that person.\nWe may provide information about this Account to credit reporting agencies for both the Cardmembers and Authorized\nUsers, if any.\n\n13. CHANGE OF TERMS\nWe may change this Agreement as allowed by applicable law. This may include changing, adding, or removing terms. We\n\nINTERNAL\n\n\x0cmay do this in response to legal, business, competitive environment or other reasons not listed here.\nWe may increase the APR on existing balances in limited circumstances. Changes to some terms may require at least 45\ndays advance notice, and we will tell you in the notice if you have the right to reject a change. We cannot change certain\nterms during the first year of your Account.\n\n14. ACCOUNT CLOSURE AND DEFAULT\nCARDMEMBER INITIATED ACCOUNT CLOSURE\nYou can close your Account at any time by:\n\xe2\x80\xa2calling the number on the back of your Card; or\n\xe2\x80\xa2mailing your request to the \xe2\x80\x9cBilling Inquiries\xe2\x80\x9d address noted on your billing statement.\nOnce you close the Account:\n\xe2\x80\xa2you will no longer be able to make transactions.\n\xe2\x80\xa2you must destroy your Card(s) and any unused credit card checks; and\n\xe2\x80\xa2you will still be responsible for all amounts owed according to the terms of this Agreement.\n\xe2\x80\xa2If you are enrolled in a Rewards Program, and you close your Account you will forfeit all your Rewards Program Points\nearned as of the date the Account is closed.\nHSBC INITIATED ACCOUNT CLOSURE\nAt any time, for any reason, HSBC may take any of these actions subject to applicable law:\n\xe2\x80\xa2close your Account; and/or\n\xe2\x80\xa2not renew your Card.\nIf HSBC closes your Account:\n\xe2\x80\xa2you agree to destroy your Card(s) and any unused credit card checks.\n\xe2\x80\xa2the terms of this Agreement still apply to Account balances until your Account is paid in full.\n\xe2\x80\xa2you will not be able to use your Account for new transactions and you will forfeit all your Rewards Program Points as\nof the date the Account is closed.\n\xe2\x80\xa2we reserve the right to close your Account if it is inactive.\nACCOUNT DEFAULT\nWe may consider your Account to be in Default if you:\n\xe2\x80\xa2fail to make the Minimum Payment Due when due;\n\xe2\x80\xa2exceed your credit limit;\n\xe2\x80\xa2become the subject of bankruptcy proceedings, foreclosure, repossession, lien or judgment, garnishment, or\nattachment;\n\xe2\x80\xa2give us misleading, false, or incomplete information;\n\xe2\x80\xa2fail to give us a current physical address when you apply and whenever you move;\n\xe2\x80\xa2make payments to us that are returned unpaid by your bank or other financial institution; or\n\xe2\x80\xa2write any credit card checks that are returned unpaid by us;\n\xe2\x80\xa2default under this or any other agreement or security agreement you have with us or one of our affiliates; and/or\nbecome incompetent or deceased.\nIf we incur any costs to collect your balance owed, including any attorney fees, we may charge you for these costs as\npermitted by applicable law, and we will apply your payments first to these costs.\n\n15. MISCELLANEOUS\nLOST OR STOLEN CARD/CHECKS\nYou agree to notify us immediately if:\n\xe2\x80\xa2your Card or credit card checks are lost or stolen; or\n\nINTERNAL\n\n\x0c\xe2\x80\xa2your Account is used without your permission.\nYou may call at any time. The phone number is listed on your billing statement.\nRECURRING BILL PAYMENTS\nIf you authorize any company to bill charges on a recurring basis to your Account, we may provide the company with\ninformation about your:\n\xe2\x80\xa2Account number;\n\xe2\x80\xa2Account status; and\n\xe2\x80\xa2Account expiration date.\nYou must notify the company when and if you no longer want to allow them to charge your Account. If you default with us\nor if we change your Account or Account number for any reason:\n\xe2\x80\xa2we may refuse or suspend future recurring charges; and you must set up the recurring charges again and/or make\nother payment arrangements with the company.\nUPDATING YOUR RECORDS\nYou agree:\n\xe2\x80\xa2to give us prompt advance notice of any change in your name, mailing address, phone number, or employer;\n\xe2\x80\xa2to promptly give us accurate financial information about you if we ask for it; and\n\xe2\x80\xa2the Department of Motor Vehicles or similar agency may release may release your home address to us if we ever need\nto locate you.\nVOICE CALL/TEXT MESSAGING COMMUNICATIONS\nBy providing your phone number(s), you give affiliates, our service providers and us permission to contact you by voice call\nor via text message (SMS); either using an autodialing system and/or using prerecorded voice. You do not need to agree\nto receive these calls or texts in order to receive HSBC products or services. You may opt out of receiving autodialed or\nprerecorded callsor texts.\nMONITORING PRACTICES\nYou agree that we may listen to and record phone calls between you and our representatives.\nACCOUNT ASSIGNMENT\nWe may sell, assign or transfer all or any part of your Agreement and Account without notice to you. You may not sell,\nassign or transfer your Account.\nWAIVERS\nIf we delay or take no action allowed under this Agreement, for any reason, we will not lose or limit any of our rights under\nthis Agreement on any other occasion.\nSEVERABILITY\nIf a term is found to be invalid under any applicable law, rule or regulation, then all other terms of this Agreement will\nremain valid.\nAPPLICABLE LAWS\nThis Agreement is governed by Virginia law (without regard to its conflict of laws principles) and federal law.\nWe make our credit decisions and extend credit to you under this Agreement from Virginia. This Agreement is:\n\xe2\x80\xa2entered into in Virginia; and maintained in Virginia.\nThis is true whether or not you use your Card in Virginia.\n\n16. ARBITRATION\nPLEASE READ THIS ARBITRATION PROVISION CAREFULLY. IF YOU DO NOT WANT DISPUTES TO BE RESOLVED\nTHROUGH ARBITRATION, YOU MUST FOLLOW THE INSTRUCTIONS FOR REJECTING ARBITRATION NOTED BELOW.\nIF ARBITRATION IS CHOSEN BY ANY PARTY, NEITHER YOU NOR WE WILL HAVE THE RIGHT TO HAVE A CLAIM\nHEARD IN COURT OR HAVE A JURY TRIAL ON THE CLAIM. IN ADDITION, YOU AND WE WILL NOT HAVE THE RIGHT\n\nINTERNAL\n\n\x0cTO PARTICIPATE IN A CLASS ACTION AS A REPRESENTATIVE OR MEMBER OF A CLASS. ARBITRATION PROCEDURES\nARE GENERALLY SIMPLER THAN THE RULES THAT APPLY IN COURT, AND DISCOVERY IS MORE LIMITED. THE\nARBITRATOR\xe2\x80\x99S DECISIONS ARE AS ENFORCEABLE AS ANY COURT ORDER AND ARE SUBJECT TO VERY LIMITED\nREVIEW BY A COURT. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR\xe2\x80\x99S DECISION WILL BE FINAL AND BINDING.\nOTHER RIGHTS YOU OR WE WOULD HAVE IN COURT MAY ALSO NOT BE AVAILABLE IN ARBITRATION.\nIF YOU ARE COVERED BY THE PROTECTIONS OF THE MILITARY LENDING ACT, THIS ARBITRATION PROVISION DOES\nNOT APPLY TO YOU.\nDEFINITIONS\nIn this Arbitration provision, \xe2\x80\x9cwe\xe2\x80\x9d, \xe2\x80\x9cus\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d includes any corporate parents, successors, affiliates, assigns or\nrelated persons or entities. This Arbitration provision may also be enforced by any party named as a co-defendant with\nus in a Claim asserted by you. \xe2\x80\x9cClaim\xe2\x80\x9d means any past, current or future claim, dispute or controversy, whether known\nor unknown, arising from or relating to your Account, your application for an account, this Agreement or the relationship\nbetween you and us. If you have signed an Overdraft Protection Loan Agreement linking one or more checking accounts\nto your Account to provide overdraft protection, \xe2\x80\x9cClaim\xe2\x80\x9d also includes any past, current or future claim, dispute or\ncontroversy, whether known or unknown, arising from or relating to the Overdraft Protection Loan Agreement and related\nlinked checking account transactions. \xe2\x80\x9cClaims\xe2\x80\x9d include any Claims related to advertising, debt collection or credit reporting\nand any Claim by or against any of our agents or any third parties. \xe2\x80\x9cClaims\xe2\x80\x9d include but are not limited to initial claims,\ncross-claims, counterclaims and third-party claims. \xe2\x80\x9cClaims\xe2\x80\x9d include but are not limited to Claims based in tort, contract,\nfraud, common law, equity, statutes and regulations of any kind.\nCLAIMS SUBJECT TO ARBITRATION\nEither you or we may require that any Claim be submitted to arbitration, except that: (1) only a court may decide any\ndispute about the validity, enforceability or scope of this Arbitration provision; however, any dispute or controversy that\nconcerns the validity or enforceability of the Agreement as a whole is for the arbitrator to decide; and (2) Claim that you\nor we file in a small claims court or your state\xe2\x80\x99s equivalent court is not subject to arbitration as long as the Claim is an\nindividual Claim pending in that court.\nYou or we may demand to arbitrate any Claim at any time unless it has been filed in court and trial has begun or final\njudgment has been entered. Either you or we may delay enforcing or not exercise rights under this Arbitration provision,\nincluding the right to arbitrate a Claim, without waiving the right to exercise or enforce those rights.\nLIMITATIONS ON ARBITRATION\nCLAIMS MAY ONLY BE ARBITRATED ON AN INDIVIDUAL BASIS. CLAIMS MAY NOT BE ARBITRATED ON A CLASS\nACTION BASIS, ON A PRIVATE ATTORNEY GENERAL BASIS, ON A REPRESENTATIVE BASIS OR ON BEHALF OF THE\nGENERAL PUBLIC.\nTHE ARBITRATOR\xe2\x80\x99S AUTHORITY IS LIMITED TO CLAIMS BY OR AGAINST YOU AND US ALONE. CLAIMS MAY NOT\nBE JOINED OR CONSOLIDATED UNLESS YOU AND WE AGREE IN WRITING. THE ARBITRATOR MAY NOT AWARD\nINJUNCTIVE OR OTHER RELIEF THAT IS FOR THE BENEFIT OF THE GENERAL PUBLIC.\n(SEE THE \xe2\x80\x98CONTINUATION\xe2\x80\x99 SECTION BELOW FOR SPECIAL PROCEDURES THAT APPLY TO A CLAIM SEEKING PUBLIC\nINJUNCTIVE RELIEF).\nHOW TO START AN ARBITRATION\nTo start an arbitration, contact the American Arbitration Association (\xe2\x80\x9cAAA\xe2\x80\x9d) (1-800-778-7879, adr.org). AAA will administer\nthe arbitration unless you and we agree in writing to use a different arbitration administrator or a different administrator is\nappointed by a court.\nARBITRATION PROCEDURES\nThis Arbitration provision is governed by the Federal Arbitration Act, 9 U.S.C. \xc2\xa7\xc2\xa7 1-16 (the \xe2\x80\x9cFAA\xe2\x80\x9d). Virginia law shall apply\nto the extent state law is relevant under the FAA. The administrator\xe2\x80\x99s rules that are in effect when a Claim is filed will apply\nunless those rules conflict with this Arbitration provision. The arbitrator will apply applicable substantive law, consistent\nwith the FAA, statutes of limitations and privileges. The arbitrator will not apply any federal or state rules of civil procedure\nor evidence. Subject to the Limitations on Arbitration section above, the arbitrator may award any relief available in court\non an individual claim consistent with the constitutional standards applicable in judicial proceedings. The arbitration will\nbe confidential, but you may notify any government authority of your claim. If your claim is for $10,000 or less, you may\nchoose whether the arbitration will be conducted solely based on documents, through a telephonic hearing or by an inperson hearing. At any party\xe2\x80\x99s request, the arbitrator will offer a brief written explanation of the award. The arbitrator\xe2\x80\x99s\n\nINTERNAL\n\n\x0caward will be final and binding, except for any right of appeal provided by the FAA; however, any party will have 30 days\nto appeal the award by notifying the arbitration administrator and all parties in writing. The administrator will appoint a\nthree-arbitrator panel to decide anew, by majority vote based on written submissions, any aspect of the decision objected\nto. Judgment upon any award may be entered in any court with jurisdiction. No arbitration award involving the parties will\nhave any preclusive effect as to issues or claims in any dispute involving anyone who is not a party to the arbitration, nor\nwill an arbitration award in prior disputes involving other parties have preclusive effect in an arbitration between the parties\nto the Arbitration provision. An arbitration award and any judgment confirming it cannot be used in any case or arbitration\nexcept to enforce the award. Arbitration hearings will take place by telephone or in the federal judicial district where you\nlive.\nARBITRATION FEES AND COSTS\nYou will be responsible for paying your share of any arbitration fees (including filing, administrative, arbitrator hearing or\nother fees), but only up to the amount of the filing fees you would have incurred if you had brought a claim in court. We\nwill be responsible for any additional Arbitration fees. At your written request, we will consider in good faith making a\ntemporary advance of your share of any arbitration fees.\nINSTRUCTIONS FOR REJECTING ARBITRATION\nYou may reject this Arbitration provision. To do so, you must send a written notice to us stating that you reject arbitration.\nYour rejection notice must be signed by you and include your name, address and Account number. Your letter notifying us\nthat you reject this Arbitration provision must be postmarked within 60 days of the Account Opening Date. If you do not\nknow your Account Opening Date, please call the number listed on the back of your card to obtain the date.\nYou must mail your rejection notice to HSBC Bank, N.A. P.O. Box 9, Buffalo, NY 14240. This is the only way that\nyou can reject this Arbitration provision. If you reject this Arbitration provision, all other parts of the Agreement will\ncontinue to apply. Rejecting this Arbitration provision has no effect on any other agreements.\nCONTINUATION\nThis Arbitration provision will survive termination of your Account, voluntary payment of your Account balance, any legal\nproceeding to collect a debt, any bankruptcy and any sale of your Account. If any portion of this Arbitration provision is\ndeemed invalid or unenforceable, the remaining portions of this Arbitration provision will still apply, except that:\n(a) If a court determines that the \xe2\x80\x9cLimitations on Arbitration\xe2\x80\x9d section above is unenforceable with respect to a Claim that\ndoes not seek public injunctive relief and all appeals from that ruling have been exhausted, then this Arbitration provision\n(other than this sentence) will be null and void in its entirety; and\n(b) If a court determines that the \xe2\x80\x9cLimitations on Arbitration\xe2\x80\x9d section above is unenforceable with respect to a Claim that\nseeks public injunctive relief and all appeals from that ruling have been exhausted, then the Claim seeking public injunctive\nrelief will be determined in court and any individual claims seeking monetary relief will be arbitrated, in which case the\nparties will ask the court to stay the claim seeking public injunctive relief until the arbitration award pertaining to individual\nrelief has been entered in court.\n\n17. MILITARY LENDING ACT\nFederal law provides important protections to members of the Armed Forces and their dependents relating to extensions\nof consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent\nmay not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or\naccount: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit\ntransaction; any application fee charged (other than certain application fees for specified credit transactions or accounts);\nand any participation fee charged (other than certain participation fees for a credit account). To hear this disclosure over the\nphone, please call our toll-free number, 866.258.9078.\n\nINTERNAL\n\n\x0c06/2020\n\nCARDMEMBER AGREEMENT \xe2\x80\x93 (PART 2 OF 2) \xe2\x80\x93 ACCOUNT OPENING TABLE\nHSBC Premier World Mastercard\xc2\xae credit card\nInterest Rates and Interest Charges\nAnnual Percentage\nRate (\xe2\x80\x9cAPR\xe2\x80\x9d) for Purchases\n\n14.99% to 18.99%\n\nAPR for Balance Transfers\n\n14.99% to 18.99%.\nThis APR will vary with the market, based on the Prime Rate.\n\nAPR for Cash Advances\n\n24.99%\nThis APR will vary with the market, based on the Prime Rate.\n\nPenalty APR and\nWhen it Applies\n\n29.99%\nThis APR will vary with the market based on the Prime Rate.\n\nThis APR will vary with the market, based on the Prime Rate.\n\nThis APR may be applied to your Account if you:\n(1) Make a late payment; or,\n(2) Make a payment that is returned.\nHow Long Will The Penalty APR Apply?: If your APRs are increased for either of the above reasons, the\nPenalty APR may apply indefinitely.\nPlease refer to your Cardmember Agreement Part 1 of 2 for further details.\nPaying Interest\n\nWe will not charge interest on new purchases if you pay your previous non-promotional balance, including\nfees and finance charges, by the due date each month. We will charge interest on cash advances, balance\ntransfers and check transactions on the transaction date. See Section 7 of your Cardmember Agreement\nfor more details.\n\nMinimum Interest Charge\n\nIf you are charged interest, the charge will be no less than $1.00.\n\nFor Credit Card Tips from\nthe Consumer Financial\nProtection Bureau\n\nTo learn more about factors to consider when applying for or using a credit card,\nvisit the website of the Consumer Financial Protection Bureau at\nhttp://www.consumerfinance.gov/learnmore.\n\nFees\nAnnual Fee\n\nTransaction Fees\n\xe2\x80\xa2 Balance Transfer\n\xe2\x80\xa2 Check\xc2\xa0\xc2\xa0\n\n\xe2\x80\xa2 Cash Advance\n\xe2\x80\xa2 Overdraft Transaction\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n\xe2\x80\xa2 Return Payment\n\n$0\n$0\n\nAnnual Fee during first year of Account opening\nFor HSBC Premier World Mastercard\xc2\xae credit card Account customers who have a\nqualifying U.S. HSBC Premier checking account relationship.\n$95 For HSBC Premier World Mastercard\xc2\xae credit card Account customers who no\nlonger have a qualifying U.S. Premier checking account relationship.\nEither $10 or 4%, whichever is greater, will apply on each balance transfer.\nEither $10 or 4%, whichever is greater, will apply on each check written for purposes other than a balance\ntransfer.\nEither $10 or 5%, whichever is greater, will apply on each cash advance transaction.\nEither $10 or 5%, whichever is greater, will apply on the overdraft amount.\nUp to $39\nUp to $39\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9caverage daily balance (including new purchases).\xe2\x80\x9d See your\nCardmember Agreement for more details.\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardmember Agreement\nPart 1 of 2.\nAll rates disclosed below are as of 06/01/2020.\nPrime Rate: Variable APRs are based on the 3.25% Prime Rate as of 06/01/2020.\nHow We Calculate Your Variable Rates: Your APRs are equal to the U.S. Prime Rate plus the following Spreads: Purchase APR: 11.74%;\nBalance Transfer APR: 11.74%; Cash Advance APR: 21.74%; Penalty APR: 26.74%.\nDaily Periodic Rates (\xe2\x80\x9cDPR\xe2\x80\x9d) Used to Calculate Your Interest: Purchase DPR: 0.04107% - 0.05203%;\nBalance Transfer DPR: 0.04107% - 0.05203%; Cash Advance DPR: 0.06847%; Penalty DPR 0.08216%.\n1\nPremier (which includes Jade) Status: If your relationship with HSBC Bank USA, N.A. no longer meets the requirements for Premier\nrelationship status, we will assess the disclosed Annual Fee. If you do not want to pay the Annual Fee, please contact us to discuss other options.\n\nHSBC Deposit Products are offered in the U.S. by HSBC Bank USA, N.A., Member FDIC.\n\nPRME 06/2020\n\n\x0c'


b'HSBC Cash Rewards Student Mastercard\xc2\xae Cardmember Agreement\n\n06/2020\n\nHSBC CARDMEMBER AGREEMENT\nPART 1 OF 2: TERMS AND CONDITIONS\n1. ABOUT THIS AGREEMENT\nPart 1 Terms and Conditions\nPart 2 Account Opening Table\nPart 1 and 2 together make your Agreement and govern your Credit Card Account with us (your \xe2\x80\x9cAccount\xe2\x80\x9d).\nThis Agreement includes an Arbitration provision. If you are a Servicemember or dependent covered by the protections of the\nMilitary Lending Act, the Arbitration provision does not apply to you.\n\n2. KEY TERMS\n\xe2\x80\x9cYou\xe2\x80\x9d and \xe2\x80\x9cyour\xe2\x80\x9d means each person who:\n\xe2\x80\xa2applied for this Account, and/or\n\xe2\x80\xa2agrees to pay for the Account.\n\xe2\x80\x9cWe,\xe2\x80\x9d \xe2\x80\x9cus,\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d means HSBC Bank USA, N.A.\n\xe2\x80\x9cAgreement\xe2\x80\x9d means Parts 1 and 2 of this document and any supplements or amendments.\n\xe2\x80\x9cCard\xe2\x80\x9d means any card, card number or other device we issue to access your Account.\n\xe2\x80\x9cAPR\xe2\x80\x9d means Annual Percentage Rate.\n\xe2\x80\x9cNetwork\xe2\x80\x9d means Visa International, Mastercard International Incorporated or other governing credit card network, as applicable.\n\n3. USING YOUR ACCOUNT\nYour card must be signed before using. When you receive this Agreement, use the Account, or sign or keep the Card, you agree\nto:\n\xe2\x80\xa2the terms of this Agreement; plus\n\xe2\x80\xa2any amendments or supplements to the Agreement.\nTYPES OF USE\nYou may use your Account for:\n\xe2\x80\xa2Purchases;\n\xe2\x80\xa2Balance Transfers;\n\xe2\x80\xa2Check Transactions;\n\xe2\x80\xa2Cash Advances.\nWe may limit the amount and/or frequency of any type of use at any time.\nCash Advance transactions are considered:\n\xe2\x80\xa2ATM withdrawals\n\xe2\x80\xa2Overdraft transactions\n\xe2\x80\xa2Checks used for purposes other than Balance Transfers\n\xe2\x80\xa2Over the counter (at bank)\n\xe2\x80\xa2Other \xe2\x80\x9ccash like\xe2\x80\x9d transactions, such as purchasing money orders, gaming transactions, or purchasing lottery tickets.\nALLOWED USE\nYou agree to:\n\xe2\x80\xa2use your Account only for lawful purposes\n\xe2\x80\xa2use your Account for only personal, family, household, or charitable purposes; and\nINTERNAL\n\n\x0c\xe2\x80\xa2repay us for all costs related to uses not allowed under this Agreement.\nYou are not allowed to use your Account:\n\xe2\x80\xa2To make payments to this credit card or any other loan payments to us or our affiliates; for unlawful internet gambling.\nIf you have given permission to use this card to someone, these transactions are not considered unauthorized and you will\nbe liable for these purchases.\nUSING THE ACCOUNT\nAt times we may:\n\xe2\x80\xa2decline a transaction if there is not enough available credit and for any other reason; and/or\n\xe2\x80\xa2require our Authorization before allowing a transaction.\nAny merchant may request to check your ID.\nWe are not liable if:\n\xe2\x80\xa2a merchant refuses your card; and/or\n\xe2\x80\xa2we do not complete your transaction for any reason.\n\n4. CREDIT LIMIT\nWhen we first send your Card, we will tell you:\n\xe2\x80\xa2the total credit limit on your Account.\n\xe2\x80\xa2the total cash advance limit on your Account.\nWe may change these limits from time to time, including:\n\xe2\x80\xa2Reduce your credit limit and/or\n\xe2\x80\xa2Suspend your access to available credit\nWhenever this occurs, we will notify you:\n\xe2\x80\xa2on your billing statement; and/or\n\xe2\x80\xa2by sending a notice.\nYou agree to:\n\xe2\x80\xa2Keep your Account balance (which includes interest and other charges) within your credit limit; and\n\xe2\x80\xa2Pay any over limit amount that might occur.\nYour available credit may not reflect your payments for up to 14 days. If a transaction exceeds your available credit, we may\ndecline it.\n\n5. INTEREST RATES\nABOUT YOUR APRs\nYour APRs are shown in Part 2.\nA Daily Periodic Rate is used to determine your Interest Charges in any billing cycle. To determine this rate, we divide your\nAPR by 365; then round this number up to the next hundred thousandth of a percentage point.\nPROMOTIONAL OR INTRODUCTORY APR\nWe may offer you special Promotional or Introductory APRs from time to time. If we do, we will tell you:\n\xe2\x80\xa2The eligible transaction types;\n\xe2\x80\xa2how long this APR will last; and\n\xe2\x80\xa2any other special terms of the offer.\nHOW A VARIABLE RATE MAY CHANGE\nYour variable APRs can change with each monthly billing cycle.\nWe will apply each APR to the applicable balance for each type of Transaction. Each variable APR will be equal to:\n\nINTERNAL\n\n\x0ca) the amount shown in Part 2 (\xe2\x80\x9cSpread\xe2\x80\x9d); plus\nb) the U.S. \xe2\x80\x9cPrime Rate\xe2\x80\x9d as defined below.\nThe Prime Rate will be as shown in the Money Rates table of The Wall Street Journal that is in effect on the last day of the\nmonth.\nAny changes in the Prime Rate will take effect on the first day of your billing cycle beginning in the next month.\nAn increase in the U.S. Prime Rate will increase your Daily Periodic Rate (\xe2\x80\x9cDPR\xe2\x80\x9d). It may also increase your:\n\xe2\x80\xa2Interest Due; and/or\n\xe2\x80\xa2Minimum Payment Due.\nABOUT THE PENALTY APR\nHSBC Premier World Elite Mastercard\xc2\xae, HSBC Premier World\nMastercard\xc2\xae, HSBC Advance Mastercard\xc2\xae, HSBC Cash\nRewards Mastercard\xc2\xae, HSBC Platinum Mastercard\xc2\xae, HSBC\nPlatinum with Rewards Mastercard\xc2\xae, HSBC Cash Rewards\nMastercard\xc2\xae Student Account.\n\nPenalty APR will apply to\nboth new and existing transactions. We review\nyour Account every 6 months after the Penalty APR is applied.\nThe Penalty APR will continue to apply until after you have\nmade timely payments during the 6 months being reviewed.\n\nHSBC Gold Mastercard\xc2\xae\n\nPenalty APR does not apply\n\n6. INTEREST CHARGES\nHOW INTEREST CHARGES ARE CALCULATED\nTo determine your periodic Interest Charges on each billing statement, we:\n\xe2\x80\xa2 Determine the Average Daily Balance for each type of transaction; (for example, purchases, balance transfers, and\ncash advances); then\n\xe2\x80\xa2 Multiply this number by the applicable DPR: then\n\xe2\x80\xa2 Multiply this number by the total number of days in the billing cycle.\nWe use the applicable DPR in effect on the billing statement closing date.\nHOW DAILY BALANCE IS DETERMINED\nTo determine your Daily Balance, we:\n\xe2\x80\xa2 Take the beginning balance for each type of transaction that day; then\n\xe2\x80\xa2 Add the following that were incurred on that day:\na) Any new transactions;\nb) Any previous day\xe2\x80\x99s periodic Interest Charges;\nc) Any Finance Charges; and\nd) Any fees and charges, then\n\xe2\x80\xa2 Subtract any payments and/or credits.\nWe also make any needed adjustments. For example:\n\xe2\x80\xa2 If a transaction posts after, but occurs before the start of a billing cycle, we may adjust the amount above to include\nthis transaction. It will be included as of the first day of the billing cycle in which it posts.\n\xe2\x80\xa2 If your Account is subject to a grace period during the billing cycle, your payments will be subtracted from all Daily\nBalances in the current billing cycle.\n\xe2\x80\xa2 If a transaction for a returned payment or a dispute resolved in our favor posts after the beginning of the billing cycle,\nwe will make this adjustment:\nThe applicable Daily Balance(s) and any related Interest Charge calculations will be adjusted to include the transaction\n\nINTERNAL\n\n\x0camount as of the date of the original payment or transaction.\nTo calculate your Average Daily Balance, we:\n\xe2\x80\xa2 Add the Daily Balances for each day of the billing cycle; then\n\xe2\x80\xa2 Divide this total by the number of days in the billing cycle.\nPAYING INTEREST\nYour due date is at least 25 days after the close of each billing cycle. Your Account has a grace period on purchases. We\nwill not charge you interest on new purchases if you pay your previous non-promotional balance including fees and Interest\nCharges, by the due date each month. We will begin charging interest on cash advances and balance transfers on the\ntransaction date, unless, under the terms of the promotional offer, no interest will accrue during the promotional offer\nperiod, provided your account remains in good standing. However, no Interest will be charged on new purchase for any\nbilling cycle when:\n\xe2\x80\xa2 You paid your entire non-promotional balance plus any fees and finance charges in the previous month on time; and\n\xe2\x80\xa2 You pay your entire current month\xe2\x80\x99s non-promotional balance plus any fees and finance charges on time as well.\n\n7. PAYMENTS\nPROMISE TO PAY\nYou promise to pay for all:\n\xe2\x80\xa2credit we extend; plus\n\xe2\x80\xa2Interest Charges and other fees or charges; plus\n\xe2\x80\xa2collection costs and attorney fees as allowed by law.\nIf your Account is a joint Account, each of you is jointly and individually responsible for amounts due. This remains true in\nthe event of death, divorce or other events that affect liability between you and the other person.\nIf any joint Account holder requests to not be liable for future transactions, we may close the Account.\nHOW WE APPLY PAYMENTS\n\xe2\x80\xa2When you make a payment, we apply the Minimum Payment Due to the balance on your monthly statement with the\nhighest APR first.\n\xe2\x80\xa2Payment amounts in excess of your Minimum Payment Due will be applied to balances with higher APRs before\nbalances with lower APRs.\n\xe2\x80\xa2We apply payments to balances appearing on your monthly billing statement before being applied to new\ntransactions. An example of a new transaction is a recent purchase or cash advance that has not yet been included in\nthe New Balance as shown on your statement.\nIf you do not pay your non-promotional balance in full each month, you may not be able to avoid interest charges on new\npurchases.\nMINIMUM PAYMENT DUE\nYour Minimum Payment Due each billing cycle will be as follows:\n1. If your New Balance is $25 or less, your Minimum Payment Due is equal to your New Balance.\n2. If your New Balance is more than $25, your Minimum Payment Due is equal to any amount past due, plus the greater\nof:\na) $25\nb) 1% of your New Balance; plus\n--Billed Late Payment Fees plus\n--Billed Interest Charges\nUnless your Minimum Payment Due is equal to your new Account balance, it will be rounded up to the nearest dollar.\n\nINTERNAL\n\n\x0cWHEN AND HOW TO PAY\nYou agree to:\n\xe2\x80\xa2Pay at least the Minimum Payment Due as shown on your billing statement, and described in this Agreement.\n\xe2\x80\xa2Make this payment in time to be credited by no later than the Payment Due Date.\nIf you wish, you may pay more than the Minimum Payment Due or the entire balance at any time.\nPayments must be:\n\xe2\x80\xa2made in U.S. dollars; and\n\xe2\x80\xa2paid from a U.S. financial institution, and sent in a form that is acceptable to us.\nAcceptable forms of payment include:\n\xe2\x80\xa2a check or money order; or\n\xe2\x80\xa2an electronic funds transfer.\nIf you want to write any special conditions on your payment, such as \xe2\x80\x9cpaid in full\xe2\x80\x9d, \xe2\x80\x9cwithout recourse\xe2\x80\x9d, or similar language,\nyou must mark this clearly on your payment. Send this payment to the address noted on your statement as the \xe2\x80\x9cBilling\nInquiry\xe2\x80\x9d address.\nUnless you follow the above directions, we may accept apayment marked with special conditions and not agree to those\nconditions, and will not lose any of our rights.\nBy sending us a check for payment on your Account, you authorize us either to:\n\xe2\x80\xa2use information from your check to initiate an electronic fund transfer from your payment account according to the\nterms of the check; or\n\xe2\x80\xa2to process this transaction as a check.\nWhen we use your check to make an electronic funds transfer:\n\xe2\x80\xa2funds may be withdrawn from your payment account the same day we receive your payment: and\n\xe2\x80\xa2you will not receive your check back from your bank.\nWhen you use our optional payment by phone service, you agree that:\n\xe2\x80\xa2we may make an electronic funds transfer from the bank account you choose; or\n\xe2\x80\xa2we may process the payment the same way we would process a check.\nYou authorize the amount and timing of each payment. Please retain this authorization for your records.\nIf your payment is returned:\n\xe2\x80\xa2the amount you paid will be reversed back to your Account and may be applied to a different category than originally\nposted; and\n\xe2\x80\xa2Interest Charges may be restored back to the payment date at the APR for that transaction.\n\n8. FEES\nTREATMENT OF FEES\nFees are listed on the Account Opening Table in Part 2 of the Cardmember Agreement.\nAny fees will be added to your purchase balance unless otherwise stated in this Agreement.\nMINIMUM INTEREST CHARGE\nIf you are charged Interest, the charge will be no less than the Minimum Interest Charge listed in Part 2. The Minimum\nInterest Charge will be Allocated to each balance category subject to an Interest Charge.\nBALANCE TRANSFER FEE\nApplies to balance transfer and check transactions; and is assessed as of the date the balance transfer or check transaction\nposts to your Account. This fee is a finance charge. We will add it to the same balance as the balance transfer or check.\nCHECK FEE\nApplies to checks written for other purposes than Balance Transfers. We assess this fee as of the date the check posts to\nINTERNAL\n\n\x0cyour Account. This fee is added to the same balance as the check transaction, and is considered a Finance Charge.\nCASH ADVANCE FEE\nApplies to cash advance transactions; and is assessed as of the date the cash advance transaction posts to your Account.\nThis fee is a Finance Charge. We will add it to the same balance as the cash advance.\nOVERDRAFT TRANSACTION FEE\nOverdraft transfers to your eligible HSBC deposit account from your credit card account will be a Cash Advance transaction\nunder your Cardmember Agreement. Transfers will be subject to the terms of both your Cardmember Agreement and the\nTerms & Charges Disclosures governing your HSBC deposit account. In the event that your deposit account has insufficient\nfunds, we will automatically transfer funds rounded to the next full dollar amount. Your HSBC Credit Card Account will\ncover any overdraft on your deposit account, as long as the credit available on your HSBC Credit Card Account is sufficient\nand you are not in default under your Cardmember Agreement.\nThe overdraft fee is computed based on the amount of each overdraft transaction. This fee is a Finance Charge. We will\nadd it to the same balance as the overdraft.\nANNUAL FEE\nIf your Account has an annual fee, you agree this fee is charged to your Account every year your Account is open. We will\npost a reminder message on your billing statement a month prior to the Annual Fee being assessed.\nHow you can avoid paying an Annual Fee\n\xe2\x80\xa2Maintain relationship requirements as outlined in Part 2 of the Cardmember Agreement.\n\xe2\x80\xa2You may be able to product transfer your credit card to another HSBC Mastercard\xc2\xae credit card product. Product\ntransfer may result in a change to your APRs and Fees and the loss of eligibility in the Rewards Program. Any\naccumulated Rewards Program Points will be transferred to your new HSBC Mastercard\xc2\xae credit card Account, if the\nHSBC Mastercard\xc2\xae credit card you choose has a Rewards Program.\n\xe2\x80\xa2Close your Premier World, Premier World Elite or Advance Mastercard\xc2\xae credit card Account. If your Account is closed\nyou will not be able to use your Account for new transactions and you will forfeit all your Rewards Program Points as\nof the date the Account is closed.\n\xe2\x80\xa2Conditions for Annual Fee Reversals\n\xe2\x80\xa2If you have not used your Account and you close your Account within 90 days of when the Annual Fee was assessed,\nthe Annual Fee will be refunded (if paid) or reversed.\n\xe2\x80\xa2If the only balance on your Account is the Annual Fee and you do not pay the Annual Fee within 90 days from the\nPayment Due Date on which the said Annual Fee was payable,the Annual Fee will be credited and your Account will\nbe closed.\n\xe2\x80\xa2If you close your Account before the Payment Due Date on the billing statement on which the Annual Fee is assessed,\nthe Annual Fee will be refunded (if paid) or reversed. If your Account is closed, you must pay the balance according to\nthe terms of this Agreement.\n\xe2\x80\xa2For Premier World and Advance Mastercard\xc2\xae Accounts if you are assessed an Annual Fee and have paid it in full and\nsubsequently hold a qualifying U.S. HSBC Advance or Premier (which includes Jade) checking account relationship,\nthe prorata portion of any paid Annual Fee will be refunded to you.\nLATE PAYMENT FEE\nFor the HSBC Gold Mastercard, for each calendar year, the Late Payment Fee will be $0 for the first late payment, $28 for\nthe second late payment, and $39 for each subsequent late payment within that calendar year. For all other cards, the Late\nPayment Fee is $28, except that the Late Payment Fee will increase to $39 for each subsequent late payment, and the Late\nPayment Fee will reset to $28 after you make 6 consecutive on-time payments. This fee will not exceed the amount of your\nMinimum Payment Due.\nRETURNED PAYMENT FEE\nIt is charged each time a check or other form of payment to us is returned or not honored. The Returned Payment Fee will\nnot exceed the amount of your Minimum Payment Due.\nCOPY REQUEST FEE\nA fee may be charged each time a copy of a document is requested. The fee amount will be disclosed at the time of your\nrequest.\n\nINTERNAL\n\n\x0cFEES AND LIMITS\nThe fees that apply to your Account are shown in the purchase balance unless otherwise stated in this Agreement.\nIf charging any fee shown in Part 2 would exceed first-year fee limits set by law, we may charge an amount allowed by\nlaw. If we do this, it does not affect our ability to charge the full fee amount later.\n\n9. TRANSACTIONS MADEIN FOREIGN CURRENCIES\nIf you make a transaction in a foreign currency, the transaction will be converted by the Network, into a U.S. dollar amount\nin accordance with its operating regulations or conversion procedures in effect at the time the transaction is processed. The\ncurrency conversion rate in effect on the processing date may differ from the rate in effect on the transaction or posting\ndate. The Network may change the procedures, from time to time, at its own discretion.\n\n10. YOUR BILLING RIGHTS\nThis notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.\nWhat to Do If You Find a Mistake on Your Statement\nIf you think there is an error on your statement, write to us at:\nHSBC Bank USA, N.A. PO Box 9, Buffalo, NY 14240 or at the address shown on your billing statement.\nIn your letter, give us the following information:\n\xe2\x80\xa2Account information: Your name and account number.\n\xe2\x80\xa2Dollar amount: The dollar amount of the suspected error.\n\xe2\x80\xa2Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you\nbelieve it is a mistake.\nYou must contact us:\n\xe2\x80\xa2Within 60 days after the error appeared on your statement.\n\xe2\x80\xa2At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you\nthink is wrong.\nYou must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any\npotential errors and you may have to pay the amount in question.\nWhat Will Happen After We Receive Your Letter\nWhen we receive your letter, we must do two things:\n\xe2\x80\xa2Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you if we have\nalready corrected the error.\n\xe2\x80\xa2Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is\ncorrect.\nWhile we investigate whether or not there has been an error:\n\xe2\x80\xa2We cannot try to collect the amount in question, or report you as delinquent on that amount.\n\xe2\x80\xa2The charge in question may remain on your statement, and we may continue to charge you interest on that amount.\n\xe2\x80\xa2While you do not have to pay the amount in question, you are responsible for the remainder of your balance.\n\xe2\x80\xa2We can apply any unpaid amount against your credit limit.\nAfter we finish our investigation, one of two things will happen:\n\xe2\x80\xa2If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that\namount.\n\xe2\x80\xa2If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest\nand fees. We will send you a statement of the amount you owe and the date payment is due. We may then report you\nas delinquent if you do not pay the amount we think you owe.\nIf you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that you still\nrefuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are questioning your bill.\n\nINTERNAL\n\n\x0cWe must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know\nwhen the matter has been settled between us.\nIf we do not follow all of the rules above, you do not have to pay the first $50 of the amount you question even if your billis\ncorrect.\nYour Rights If You Are Dissatisfied With Your Credit Card Purchases\nIf you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in\ngood faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the\npurchase.\nTo use this right, all of the following must be true:\n\xe2\x80\xa2The purchase must have been made in your home State or within 100 miles of your current mailing address, and the\npurchase price must have been more than $50. (Note: Neither of these are necessary if your purchase was based on\nan advertisement we mailed to you, or if we own the company that sold you the goods or services.)\n\xe2\x80\xa2You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a\ncheck that accesses your credit card account do not qualify.\n\xe2\x80\xa2You must not yet have fully paid for the purchase.\nIf all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:\nHSBC Bank USA, N.A. PO Box 9, Buffalo, NY 14240\nWhile we investigate, the same rules apply to the disputed amount as decision. After we finish our investigation, we will tell\nyou our decision. At that point, if we think you owe an amount and you do not pay, we may report you as delinquent.\n\n11. CREDIT REPORTING\nYou agree that we may obtain and use credit information about you from others such as:\n\xe2\x80\xa2 merchants or stores;\n\xe2\x80\xa2 other lenders;\n\xe2\x80\xa2 consumer reporting agencies.\nIf you fail to meet the terms of this Agreement, we may send a negative report to consumer reporting agencies.\nIf you believe we have reported inaccurate information about your Account to any consumer reporting agency, you should:\n\xe2\x80\xa2 Notify us and ask us to correct the inaccurate information by writing to us at\nHSBC Bank USA, N.A., PO Box 9, Buffalo, NY 14240.\nWhen you write to us, please include:\n\xe2\x80\xa2 your Account number; and\n\xe2\x80\xa2 the specific information you believe is not correct; and why you believe it is not correct.\n\n12. AUTHORIZED USERS\nYou may request to add one or more Authorized Users to your Account. If your request is granted, you are responsible for\nall charges made by your Authorized Users.\nHSBC Cash Rewards Mastercard\xc2\xae credit card Student Accounts do not qualify for Authorized Users.\nTo revoke another person\xe2\x80\x99s permission to use your Account, you must:\n\xe2\x80\xa2notify us; and\n\xe2\x80\xa2retrieve and destroy any Cards, checks or other Account access devices from that person.\nWe may provide information about this Account to credit reporting agencies for both the Cardmembers and Authorized\nUsers, if any.\n\n13. CHANGE OF TERMS\nWe may change this Agreement as allowed by applicable law. This may include changing, adding, or removing terms. We\n\nINTERNAL\n\n\x0cmay do this in response to legal, business, competitive environment or other reasons not listed here.\nWe may increase the APR on existing balances in limited circumstances. Changes to some terms may require at least 45\ndays advance notice, and we will tell you in the notice if you have the right to reject a change. We cannot change certain\nterms during the first year of your Account.\n\n14. ACCOUNT CLOSURE AND DEFAULT\nCARDMEMBER INITIATED ACCOUNT CLOSURE\nYou can close your Account at any time by:\n\xe2\x80\xa2calling the number on the back of your Card; or\n\xe2\x80\xa2mailing your request to the \xe2\x80\x9cBilling Inquiries\xe2\x80\x9d address noted on your billing statement.\nOnce you close the Account:\n\xe2\x80\xa2you will no longer be able to make transactions.\n\xe2\x80\xa2you must destroy your Card(s) and any unused credit card checks; and\n\xe2\x80\xa2you will still be responsible for all amounts owed according to the terms of this Agreement.\n\xe2\x80\xa2If you are enrolled in a Rewards Program, and you close your Account you will forfeit all your Rewards Program Points\nearned as of the date the Account is closed.\nHSBC INITIATED ACCOUNT CLOSURE\nAt any time, for any reason, HSBC may take any of these actions subject to applicable law:\n\xe2\x80\xa2close your Account; and/or\n\xe2\x80\xa2not renew your Card.\nIf HSBC closes your Account:\n\xe2\x80\xa2you agree to destroy your Card(s) and any unused credit card checks.\n\xe2\x80\xa2the terms of this Agreement still apply to Account balances until your Account is paid in full.\n\xe2\x80\xa2you will not be able to use your Account for new transactions and you will forfeit all your Rewards Program Points as\nof the date the Account is closed.\n\xe2\x80\xa2we reserve the right to close your Account if it is inactive.\nACCOUNT DEFAULT\nWe may consider your Account to be in Default if you:\n\xe2\x80\xa2fail to make the Minimum Payment Due when due;\n\xe2\x80\xa2exceed your credit limit;\n\xe2\x80\xa2become the subject of bankruptcy proceedings, foreclosure, repossession, lien or judgment, garnishment, or\nattachment;\n\xe2\x80\xa2give us misleading, false, or incomplete information;\n\xe2\x80\xa2fail to give us a current physical address when you apply and whenever you move;\n\xe2\x80\xa2make payments to us that are returned unpaid by your bank or other financial institution; or\n\xe2\x80\xa2write any credit card checks that are returned unpaid by us;\n\xe2\x80\xa2default under this or any other agreement or security agreement you have with us or one of our affiliates; and/or\nbecome incompetent or deceased.\nIf we incur any costs to collect your balance owed, including any attorney fees, we may charge you for these costs as\npermitted by applicable law, and we will apply your payments first to these costs.\n\n15. MISCELLANEOUS\nLOST OR STOLEN CARD/CHECKS\nYou agree to notify us immediately if:\n\xe2\x80\xa2your Card or credit card checks are lost or stolen; or\n\nINTERNAL\n\n\x0c\xe2\x80\xa2your Account is used without your permission.\nYou may call at any time. The phone number is listed on your billing statement.\nRECURRING BILL PAYMENTS\nIf you authorize any company to bill charges on a recurring basis to your Account, we may provide the company with\ninformation about your:\n\xe2\x80\xa2Account number;\n\xe2\x80\xa2Account status; and\n\xe2\x80\xa2Account expiration date.\nYou must notify the company when and if you no longer want to allow them to charge your Account. If you default with us\nor if we change your Account or Account number for any reason:\n\xe2\x80\xa2we may refuse or suspend future recurring charges; and you must set up the recurring charges again and/or make\nother payment arrangements with the company.\nUPDATING YOUR RECORDS\nYou agree:\n\xe2\x80\xa2to give us prompt advance notice of any change in your name, mailing address, phone number, or employer;\n\xe2\x80\xa2to promptly give us accurate financial information about you if we ask for it; and\n\xe2\x80\xa2the Department of Motor Vehicles or similar agency may release may release your home address to us if we ever need\nto locate you.\nVOICE CALL/TEXT MESSAGING COMMUNICATIONS\nBy providing your phone number(s), you give affiliates, our service providers and us permission to contact you by voice call\nor via text message (SMS); either using an autodialing system and/or using prerecorded voice. You do not need to agree\nto receive these calls or texts in order to receive HSBC products or services. You may opt out of receiving autodialed or\nprerecorded callsor texts.\nMONITORING PRACTICES\nYou agree that we may listen to and record phone calls between you and our representatives.\nACCOUNT ASSIGNMENT\nWe may sell, assign or transfer all or any part of your Agreement and Account without notice to you. You may not sell,\nassign or transfer your Account.\nWAIVERS\nIf we delay or take no action allowed under this Agreement, for any reason, we will not lose or limit any of our rights under\nthis Agreement on any other occasion.\nSEVERABILITY\nIf a term is found to be invalid under any applicable law, rule or regulation, then all other terms of this Agreement will\nremain valid.\nAPPLICABLE LAWS\nThis Agreement is governed by Virginia law (without regard to its conflict of laws principles) and federal law.\nWe make our credit decisions and extend credit to you under this Agreement from Virginia. This Agreement is:\n\xe2\x80\xa2entered into in Virginia; and maintained in Virginia.\nThis is true whether or not you use your Card in Virginia.\n\n16. ARBITRATION\nPLEASE READ THIS ARBITRATION PROVISION CAREFULLY. IF YOU DO NOT WANT DISPUTES TO BE RESOLVED\nTHROUGH ARBITRATION, YOU MUST FOLLOW THE INSTRUCTIONS FOR REJECTING ARBITRATION NOTED BELOW.\nIF ARBITRATION IS CHOSEN BY ANY PARTY, NEITHER YOU NOR WE WILL HAVE THE RIGHT TO HAVE A CLAIM\nHEARD IN COURT OR HAVE A JURY TRIAL ON THE CLAIM. IN ADDITION, YOU AND WE WILL NOT HAVE THE RIGHT\n\nINTERNAL\n\n\x0cTO PARTICIPATE IN A CLASS ACTION AS A REPRESENTATIVE OR MEMBER OF A CLASS. ARBITRATION PROCEDURES\nARE GENERALLY SIMPLER THAN THE RULES THAT APPLY IN COURT, AND DISCOVERY IS MORE LIMITED. THE\nARBITRATOR\xe2\x80\x99S DECISIONS ARE AS ENFORCEABLE AS ANY COURT ORDER AND ARE SUBJECT TO VERY LIMITED\nREVIEW BY A COURT. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR\xe2\x80\x99S DECISION WILL BE FINAL AND BINDING.\nOTHER RIGHTS YOU OR WE WOULD HAVE IN COURT MAY ALSO NOT BE AVAILABLE IN ARBITRATION.\nIF YOU ARE COVERED BY THE PROTECTIONS OF THE MILITARY LENDING ACT, THIS ARBITRATION PROVISION DOES\nNOT APPLY TO YOU.\nDEFINITIONS\nIn this Arbitration provision, \xe2\x80\x9cwe\xe2\x80\x9d, \xe2\x80\x9cus\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d includes any corporate parents, successors, affiliates, assigns or\nrelated persons or entities. This Arbitration provision may also be enforced by any party named as a co-defendant with\nus in a Claim asserted by you. \xe2\x80\x9cClaim\xe2\x80\x9d means any past, current or future claim, dispute or controversy, whether known\nor unknown, arising from or relating to your Account, your application for an account, this Agreement or the relationship\nbetween you and us. If you have signed an Overdraft Protection Loan Agreement linking one or more checking accounts\nto your Account to provide overdraft protection, \xe2\x80\x9cClaim\xe2\x80\x9d also includes any past, current or future claim, dispute or\ncontroversy, whether known or unknown, arising from or relating to the Overdraft Protection Loan Agreement and related\nlinked checking account transactions. \xe2\x80\x9cClaims\xe2\x80\x9d include any Claims related to advertising, debt collection or credit reporting\nand any Claim by or against any of our agents or any third parties. \xe2\x80\x9cClaims\xe2\x80\x9d include but are not limited to initial claims,\ncross-claims, counterclaims and third-party claims. \xe2\x80\x9cClaims\xe2\x80\x9d include but are not limited to Claims based in tort, contract,\nfraud, common law, equity, statutes and regulations of any kind.\nCLAIMS SUBJECT TO ARBITRATION\nEither you or we may require that any Claim be submitted to arbitration, except that: (1) only a court may decide any\ndispute about the validity, enforceability or scope of this Arbitration provision; however, any dispute or controversy that\nconcerns the validity or enforceability of the Agreement as a whole is for the arbitrator to decide; and (2) Claim that you\nor we file in a small claims court or your state\xe2\x80\x99s equivalent court is not subject to arbitration as long as the Claim is an\nindividual Claim pending in that court.\nYou or we may demand to arbitrate any Claim at any time unless it has been filed in court and trial has begun or final\njudgment has been entered. Either you or we may delay enforcing or not exercise rights under this Arbitration provision,\nincluding the right to arbitrate a Claim, without waiving the right to exercise or enforce those rights.\nLIMITATIONS ON ARBITRATION\nCLAIMS MAY ONLY BE ARBITRATED ON AN INDIVIDUAL BASIS. CLAIMS MAY NOT BE ARBITRATED ON A CLASS\nACTION BASIS, ON A PRIVATE ATTORNEY GENERAL BASIS, ON A REPRESENTATIVE BASIS OR ON BEHALF OF THE\nGENERAL PUBLIC.\nTHE ARBITRATOR\xe2\x80\x99S AUTHORITY IS LIMITED TO CLAIMS BY OR AGAINST YOU AND US ALONE. CLAIMS MAY NOT\nBE JOINED OR CONSOLIDATED UNLESS YOU AND WE AGREE IN WRITING. THE ARBITRATOR MAY NOT AWARD\nINJUNCTIVE OR OTHER RELIEF THAT IS FOR THE BENEFIT OF THE GENERAL PUBLIC.\n(SEE THE \xe2\x80\x98CONTINUATION\xe2\x80\x99 SECTION BELOW FOR SPECIAL PROCEDURES THAT APPLY TO A CLAIM SEEKING PUBLIC\nINJUNCTIVE RELIEF).\nHOW TO START AN ARBITRATION\nTo start an arbitration, contact the American Arbitration Association (\xe2\x80\x9cAAA\xe2\x80\x9d) (1-800-778-7879, adr.org). AAA will administer\nthe arbitration unless you and we agree in writing to use a different arbitration administrator or a different administrator is\nappointed by a court.\nARBITRATION PROCEDURES\nThis Arbitration provision is governed by the Federal Arbitration Act, 9 U.S.C. \xc2\xa7\xc2\xa7 1-16 (the \xe2\x80\x9cFAA\xe2\x80\x9d). Virginia law shall apply\nto the extent state law is relevant under the FAA. The administrator\xe2\x80\x99s rules that are in effect when a Claim is filed will apply\nunless those rules conflict with this Arbitration provision. The arbitrator will apply applicable substantive law, consistent\nwith the FAA, statutes of limitations and privileges. The arbitrator will not apply any federal or state rules of civil procedure\nor evidence. Subject to the Limitations on Arbitration section above, the arbitrator may award any relief available in court\non an individual claim consistent with the constitutional standards applicable in judicial proceedings. The arbitration will\nbe confidential, but you may notify any government authority of your claim. If your claim is for $10,000 or less, you may\nchoose whether the arbitration will be conducted solely based on documents, through a telephonic hearing or by an inperson hearing. At any party\xe2\x80\x99s request, the arbitrator will offer a brief written explanation of the award. The arbitrator\xe2\x80\x99s\n\nINTERNAL\n\n\x0caward will be final and binding, except for any right of appeal provided by the FAA; however, any party will have 30 days\nto appeal the award by notifying the arbitration administrator and all parties in writing. The administrator will appoint a\nthree-arbitrator panel to decide anew, by majority vote based on written submissions, any aspect of the decision objected\nto. Judgment upon any award may be entered in any court with jurisdiction. No arbitration award involving the parties will\nhave any preclusive effect as to issues or claims in any dispute involving anyone who is not a party to the arbitration, nor\nwill an arbitration award in prior disputes involving other parties have preclusive effect in an arbitration between the parties\nto the Arbitration provision. An arbitration award and any judgment confirming it cannot be used in any case or arbitration\nexcept to enforce the award. Arbitration hearings will take place by telephone or in the federal judicial district where you\nlive.\nARBITRATION FEES AND COSTS\nYou will be responsible for paying your share of any arbitration fees (including filing, administrative, arbitrator hearing or\nother fees), but only up to the amount of the filing fees you would have incurred if you had brought a claim in court. We\nwill be responsible for any additional Arbitration fees. At your written request, we will consider in good faith making a\ntemporary advance of your share of any arbitration fees.\nINSTRUCTIONS FOR REJECTING ARBITRATION\nYou may reject this Arbitration provision. To do so, you must send a written notice to us stating that you reject arbitration.\nYour rejection notice must be signed by you and include your name, address and Account number. Your letter notifying us\nthat you reject this Arbitration provision must be postmarked within 60 days of the Account Opening Date. If you do not\nknow your Account Opening Date, please call the number listed on the back of your card to obtain the date.\nYou must mail your rejection notice to HSBC Bank, N.A. P.O. Box 9, Buffalo, NY 14240. This is the only way that\nyou can reject this Arbitration provision. If you reject this Arbitration provision, all other parts of the Agreement will\ncontinue to apply. Rejecting this Arbitration provision has no effect on any other agreements.\nCONTINUATION\nThis Arbitration provision will survive termination of your Account, voluntary payment of your Account balance, any legal\nproceeding to collect a debt, any bankruptcy and any sale of your Account. If any portion of this Arbitration provision is\ndeemed invalid or unenforceable, the remaining portions of this Arbitration provision will still apply, except that:\n(a) If a court determines that the \xe2\x80\x9cLimitations on Arbitration\xe2\x80\x9d section above is unenforceable with respect to a Claim that\ndoes not seek public injunctive relief and all appeals from that ruling have been exhausted, then this Arbitration provision\n(other than this sentence) will be null and void in its entirety; and\n(b) If a court determines that the \xe2\x80\x9cLimitations on Arbitration\xe2\x80\x9d section above is unenforceable with respect to a Claim that\nseeks public injunctive relief and all appeals from that ruling have been exhausted, then the Claim seeking public injunctive\nrelief will be determined in court and any individual claims seeking monetary relief will be arbitrated, in which case the\nparties will ask the court to stay the claim seeking public injunctive relief until the arbitration award pertaining to individual\nrelief has been entered in court.\n\n17. MILITARY LENDING ACT\nFederal law provides important protections to members of the Armed Forces and their dependents relating to extensions\nof consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent\nmay not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or\naccount: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit\ntransaction; any application fee charged (other than certain application fees for specified credit transactions or accounts);\nand any participation fee charged (other than certain participation fees for a credit account). To hear this disclosure over the\nphone, please call our toll-free number, 866.258.9078.\n\nINTERNAL\n\n\x0c06/2020\n\nCARDMEMBER AGREEMENT \xe2\x80\x93 (PART 2 OF 2) \xe2\x80\x93 ACCOUNT OPENING TABLE\nHSBC Cash Rewards Mastercard\xc2\xae credit card Student Account\nInterest Rates and Interest Charges\nAnnual Percentage\nRate (\xe2\x80\x9cAPR\xe2\x80\x9d) for Purchases\n\n13.99% to 18.99%\n\nAPR for Balance Transfers\n\n13.99% to 18.99%.\nThis APR will vary with the market, based on the Prime Rate.\n\nAPR for Cash Advances\n\n24.99%\nThis APR will vary with the market, based on the Prime Rate.\n\nPenalty APR and\nWhen it Applies\n\n29.99%\nThis APR will vary with the market based on the Prime Rate.\n\nThis APR will vary with the market, based on the Prime Rate.\n\nThis APR may be applied to your Account if you:\n(1) Make a late payment; or,\n(2) Make a payment that is returned.\nHow Long Will The Penalty APR Apply?: If your APRs are increased for either of the above reasons, the\nPenalty APR may apply indefinitely.\nPlease refer to your Cardmember Agreement Part 1 of 2 for further details.\nPaying Interest\n\nWe will not charge interest on new purchases if you pay your previous non-promotional balance, including\nfees and finance charges, by the due date each month. We will charge interest on cash advances, balance\ntransfers and check transactions on the transaction date. See Section 7 of your Cardmember Agreement\nfor more details.\n\nMinimum Interest Charge\n\nIf you are charged interest, the charge will be no less than $1.00.\n\nFor Credit Card Tips from\nthe Consumer Financial\nProtection Bureau\n\nTo learn more about factors to consider when applying for or using a credit card,\nvisit the website of the Consumer Financial Protection Bureau at\nhttp://www.consumerfinance.gov/learnmore.\n\nFees\nAnnual Fee\nTransaction Fees\n\xe2\x80\xa2 Balance Transfer\n\xe2\x80\xa2 Check\xc2\xa0\xc2\xa0\n\n\xe2\x80\xa2 Cash Advance\n\xe2\x80\xa2 Overdraft Transaction\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n\xe2\x80\xa2 Return Payment\n\nNone\nEither $10 or 4%, whichever is greater, will apply on each balance transfer.\nEither $10 or 4%, whichever is greater, will apply on each check written for purposes other than a balance\ntransfer.\nEither $10 or 5%, whichever is greater, will apply on each cash advance transaction.\nEither $10 or 5%, whichever is greater, will apply on the overdraft amount.\nUp to $39\nUp to $39\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9caverage daily balance (including new purchases).\xe2\x80\x9d See your\nCardmember Agreement for more details.\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardmember Agreement\nPart 1 of 2.\nAll rates disclosed below are as of 06/01/2020.\nPrime Rate: Variable APRs are based on the 3.25% Prime Rate as of 06/01/2020.\nHow We Calculate Your Variable Rates: Your APRs are equal to the U.S. Prime Rate plus the following Spreads: Purchase APR: 10.74%;\nBalance Transfer APR: 10.74%; Cash Advance APR: 21.74%; Penalty APR: 26.74%.\nDaily Periodic Rates (\xe2\x80\x9cDPR\xe2\x80\x9d) Used to Calculate Your Interest: Purchase DPR: 0.03833% - 0.05203%;\nBalance Transfer DPR: 0.03833% - 0.05203%; Cash Advance DPR: 0.06847%; Penalty DPR 0.08216%.\n\nCRSTE 06/2020\n\n\x0c'