b'FR833282333 PAYPAL START MASTERCARD\nTC DC PDF 38398R\n3/19\n\nSYNCHRONY BANK\nSECTION I: RATES AND FEES TABLE\nPAYPAL START MASTERCARD\xc2\xae ACCOUNT AGREEMENT\nPRICING INFORMATION\nInterest Rates and Interest Charges\nAnnual Percentage Rate\n(APR) for Purchases\n\nThe APR for purchases is the prime rate plus 23.74%.\nThis APR will vary with the market based on the Prime Rate.\n\nAPR for Cash Advances\n\nThe APR for cash advances is the prime rate plus 23.74%.\nThis APR will vary with the market based on the Prime Rate.\n\nPaying Interest\n\nYour due date is at least 23 days after the close of each billing cycle. We will not charge\nyou any interest on purchases if you pay your entire balance by the due date each\nmonth. We will begin charging interest on cash advances on the transaction date.\n\nMinimum Interest Charge\n\nIf you are charged interest, the charge will be no less than $1.50.\n\nFees\nTransaction Fees\n\xe2\x80\xa2 Cash Advance\n\nEither $5 or 3% of the amount of each cash advance, whichever is greater.\n\n\xe2\x80\xa2 Foreign Transaction\n\n3% of each transaction.\n\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n\nUp to $38.\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9cdaily balance.\xe2\x80\x9d See your credit card account agreement on\nthe next page for more details.\n\nSECTION II: RATES, FEES AND PAYMENT INFORMATION\nPAYPAL START MASTERCARD\xc2\xae ACCOUNT AGREEMENT\nHow Interest is Calculated\nYour Interest Rate\n\nWe use a daily rate to calculate the interest on the balance on your account each day. The daily rate is the\napplicable APR times 1/365. Interest will be imposed in amounts or at rates not in excess of those permitted by\napplicable law.\nThe APR for purchases is the prime rate plus 23.74%. As of January 1, 2019, the daily rate for purchases\nwas .08011% (APR 29.24%).\nThe APR for cash advances is the prime rate plus 23.74%. As of January 1, 2019, the daily rate for cash\nadvances was .08011% (APR 29.24%).\nDaily Rates May Vary. The APRs and the daily rates on your account vary with the market based on the\nprime rate. The prime rate for a billing cycle is the highest bank prime loan rate published in The Wall Street\nJournal in its Money Rates section on the last business day of the calendar month preceding the first day of\nthe billing cycle.\nIf the prime rate increases, the daily rates and APRs will increase. As a result, interest, your total minimum\npayment and the number of payments it would take you to pay off your account balance may increase. We\napply any change in rates because of a prime rate change to your entire account balance. A change in the\nprime rate will take effect on the first day of the first billing cycle after the change. We may select a new interest\nrate index if the prime rate is not available.\n\n1\n\n\x0cWhen We Charge Interest\n\nPurchases. We charge interest on your purchases from the date you make the purchase until you pay the\npurchase in full. See exceptions below.\n\xe2\x80\xa2 We will not charge you interest during a billing cycle on any purchases if:\n1. You had no balance at the start of the billing cycle; OR\n2. \x07You had a balance at the start of the billing cycle and you paid that balance in full by the due date in that\nbilling cycle.\n\xe2\x80\xa2\t\x07\x07We will credit, as of the start of the billing cycle, any payment you make by the due date that we allocate to\npurchases if:\n1. You had no balance at the start of the previous billing cycle; OR\n2. \x07You had a balance at the start of the previous billing cycle and you paid that balance in full by the due\ndate in the previous billing cycle.\nCash Advances. We charge interest on your cash advances, and their related fees, from the date you make the\ntransaction until you pay them in full. You cannot avoid paying interest on cash advances or their related fees.\n\nHow We Calculate Interest\n\nWe figure the interest charge on your account separately for each balance type. We do this by applying the\ndaily rate to the daily balance for each day in the billing cycle. A separate daily balance is calculated for the\nfollowing balance types, as applicable: purchases, cash advances and balances subject to different interest\nrates, plans or special promotions. See below for how this works.\n1. \x07How to get the daily balance: We take the starting balance each day, add any new charges and fees,\nand subtract any payments or credits. This gives us the daily balance.\nWe apply fees to balance types as follows:\n(a) late payment fees are treated as new purchases;\n(b) debt cancellation fees are added proportionately to each balance;\n(c) cash advance fees are added to the cash advance balance; and\n(d) foreign transaction fees are added to the purchase balance.\n2. How to get the daily interest amount: We multiply each daily balance by the daily rate that applies.\n3. \x07How to get the starting balance for the next day: We add the daily interest amount in step 2 to the\ndaily balance from step 1.\n4. \x07How to get the interest charge for the billing cycle: We add all the daily interest amounts that were\ncharged during the billing cycle.\nWe charge a minimum of $1.50 of interest in any billing cycle in which you owe interest. This charge is added\nproportionately to each balance type.\n\nHow Fees Work\nCash Advance Fee\n\nWe will charge this fee for each cash advance you make. For ATM cash advances this fee is in addition to any\nfee the ATM owner may charge you for use of the ATM.\n\nForeign Transaction Fee\n\nWe will charge this fee for purchases or cash advances you make in currencies other than U.S. dollars and/or\nin a country other than the U.S., whether or not the transaction was in a foreign currency.\nIf you make a transaction with your account in a currency other than U.S. dollars, Mastercard will convert the\ntransaction amount into U.S. dollars using its currency conversion procedure. Under the currency conversion\nprocedure that Mastercard currently uses, the non-U.S. dollar transaction amount is converted into a U.S. dollar\namount by multiplying the transaction amount in the non-U.S. dollar currency by a currency conversion rate. The\ncurrency conversion rate that Mastercard typically uses is either a government mandated rate, or a wholesale\nrate provided to Mastercard. The currency conversion rate that Mastercard uses for a particular transaction is the\nrate Mastercard uses for the applicable currency when the transaction is processed. This rate may differ from the\nrate in effect when the transaction occurred or when it was posted to your account, and may be higher than the\nrate you could have gotten if you had converted U.S. dollars into the foreign currency.\n\nLate Payment Fee\n\nWe will charge this fee if we do not receive the total minimum payment due on your account by 5 p.m. (ET) on\nthe due date. This fee is equal to:\n1. $27, if you have paid your total minimum payment due by the due date in each of the prior six billing cycles.\nOR\n2. \x07$38, if you have failed to pay your total minimum payment due by the due date in any one or more of\nthe prior six billing cycles.\nThe late payment fee will not be more than the total minimum payment that was due.\n\n2\n\n\x0cMinimum Payment Calculation\nYour total minimum payment is calculated as follows.\nThe greater of:\n1. $25, or $35 (which includes any past due amounts) if you have failed to pay the total minimum payment due by the due date in any one or more of\nthe prior six billing cycles.\nOR\n2. The sum of:\na. Any past due amounts; PLUS\nb. 1% of your new balance shown on your billing statement (excluding any balance in connection with a special promotional purchase with a unique\npayment calculation); PLUS\nc. Any late payment fees charged in the current billing cycle; PLUS\nd. All interest charged in the current billing cycle; PLUS\ne. Any payment due in connection with a special promotional purchase with a unique payment calculation.\nWe round up to the next highest whole dollar in figuring your total minimum payment. Your total minimum payment will never be more than your new balance.\nSpecial Promotional Financing Offer Information\nAt times, we may offer you special financing promotions for certain transactions (\xe2\x80\x9cspecial promotions\xe2\x80\x9d). The terms of this Agreement apply to any special\npromotion. However, any special promotional terms that are different than the terms in this Agreement will be explained on promotional advertising or other\ndisclosures provided to you. Below is a description of certain special promotions that may be offered:\n\xe2\x80\xa2 No Interest if Paid in Full Within 6 Months\n\xe2\x80\xa2 No Interest if Paid in Full Within 12 Months\n\xe2\x80\xa2 No Interest if Paid in Full Within 18 Months\n\nFor each promotion, if the promotional balance is not paid in full within the promotional period,\ninterest will be imposed from the date of purchase at the variable Purchase APR that applies to your\naccount when the promotional purchase is made.\nAt the time your account is opened, this is the variable APR applicable to your account.\nYour Purchase APR will vary with the market based on the prime rate.\n\nWhen you make a qualifying purchase under one of these promotions, no interest will be assessed on the purchase if you pay the following (the \xe2\x80\x9cpromotional\nbalance\xe2\x80\x9d) in full within the applicable promotional period: (1) the promotional purchase amount, and (2) any related optional credit insurance/debt cancellation\ncharges. If you do not, interest will be assessed on the promotional balance from the date of the purchase. Minimum monthly payments are required.\nRegular account terms apply to non-promotional purchases and, after promotion ends, to promotional purchases. Offers are subject to credit approval. These\npromotional offers may not be available at all times for all purchases. Please see any special promotion advertising or other disclosures provided to you for the\nfull terms of any special promotion offered.\n\nSECTION III: STANDARD PROVISIONS\nPAYPAL START MASTERCARD\xc2\xae ACCOUNT AGREEMENT\nABOUT THE CREDIT CARD ACCOUNT AGREEMENT\nThis Agreement. This is an Agreement between you and Synchrony Bank, 170 Election Road, Suite 125, Draper, UT 84020, for your credit card account\nshown above. By opening or using your account, you agree to the terms of the entire Agreement. The entire Agreement includes the four sections of this\ndocument and the application you submitted to us in connection with the account. These documents replace any other agreement relating to your account\nthat you or we made earlier or at the same time.\nParties To This Agreement. This Agreement applies to each accountholder approved on the account and each of you is responsible for paying the full\namount due, no matter which one uses the account. We may treat each of you as one accountholder and may refer to each of you as \xe2\x80\x9cyou\xe2\x80\x9d or \xe2\x80\x9cyour.\xe2\x80\x9d\nSynchrony Bank may be referred to as \xe2\x80\x9cwe,\xe2\x80\x9d \xe2\x80\x9cus\xe2\x80\x9d or \xe2\x80\x9cour.\xe2\x80\x9d\nChanges To This Agreement. We may change, add or delete terms of this Agreement, including interest rates, fees and charges.\nSpecial Promotions. The terms of this Agreement apply to any special promotion. However, any special promotional terms that are different than the\nterms in this Agreement will be explained on promotional advertising or other disclosures provided to you.\n\nHOW TO USE YOUR ACCOUNT/CARD\nUse Of Your Account. You may use your account only for lawful personal, family or household purposes. You may use your PayPal Start Mastercard to\nfund your PayPal account (\xe2\x80\x9cPayPal account\xe2\x80\x9d) that you have established with PayPal, Inc. for payments for goods and services purchased by you with your\nPayPal account and for purchase of goods or services from any merchant that accepts Mastercard credit cards. You may get cash advances as further\nexplained below. You may not use your account to pay amounts you owe us on this account or any other account you have with us.\nCash Advances. We may offer you the opportunity to get a cash advance with convenience checks that we send you. We may not honor a convenience\ncheck for any reason stated on the check. You can also get cash or make a withdrawal from any institution or ATM that accepts the card or the account.\nIn addition, we will treat any purchase of certain cash like items as cash advances. Cash like items include for example, money orders, cashier\xe2\x80\x99s checks,\ntraveler\xe2\x80\x99s checks, electronic or wire transfers, foreign currency or other in bank transactions, tax payments, lottery tickets or other legalized gambling\ntransactions, court costs, bail bonds and fines.\nYou Promise To Pay. You promise to pay us for all amounts owed to us under this Agreement.\nYour Responsibility. Each accountholder will receive a card. You may not allow anyone else to use your account. If you do, or if you ask us to send a\ncard to someone else, you will be responsible for paying for all charges resulting from their transactions.\nTransaction Limits. To prevent fraud, we may limit the number or dollar amount of any type of transactions you can make in any particular amount of\ntime. We also may decline any particular charge on your account for any reason.\nCredit Limit. You will be assigned a credit limit and cash advance limit on your account that we may increase or decrease from time to time. If we approve\na transaction that makes you go over your credit limit or your cash advance limit, we do not give up any rights under this Agreement and we do not treat\nit as an increase in either limit.\n\n3\n\n\x0cHOW AND WHEN TO MAKE PAYMENTS\nWhen Payments Are Due. You must pay at least the total minimum payment due on your account by 5 p.m. (ET) on the due date of each billing cycle.\nPayments received after 5 p.m. (ET) will be credited as of the next day. You may at any time pay, in whole or in part, the total unpaid balance without any\nadditional charge for prepayment. If you have a balance subject to interest, earlier payment may reduce the amount of interest you will pay. We may delay\nmaking credit available on your account in the amount of your payment even though we will credit your payment when we receive it.\nPayment Options. You can pay by mail or online. We may allow you to make payments over the phone but we will charge you a fee to make expedited\nphone payments. Your payment must be made in U.S. dollars by physical or electronic check, money order or a similar instrument from a bank located in the\nUnited States.\nHow To Make A Payment. You must follow the instructions for making payments provided on your billing statement. If you do not, credit of your payment\nmay be delayed up to five days. Your billing statement also explains how information on your check is used.\nPayment Allocation. We will apply the required total minimum payment to balances on your account using any method we choose. Any payment you\nmake in excess of the required total minimum payment will be applied to higher APR balances before lower APR balances. Applicable law may require or\npermit us to apply excess payments in a different manner in certain situations, such as when your account has a certain type of special promotion.\n\nINFORMATION ABOUT YOU\nUsing And Sharing Your Information. When you applied for an account, you gave us and PayPal, Inc. information about yourself that we could share\nwith each other. PayPal, Inc. will use the information in connection with the credit program and for things like creating and updating its records and offering\nyou special benefits. More information about how we use and share information is set forth in the privacy policy for your account.\nAddress/Phone Change. You represent that any phone number that you provide to us belongs to you and/or that you are authorized to provide that\nnumber. You also agree to tell us right away if you change your address or any phone number.\nConsent To Communications. You consent to us, as well as any other owner or servicer of your account, contacting you through any channel of\ncommunication and for any purpose, as permitted by applicable law. For informational, servicing, fraud, or collection related communications, you agree\nthat we may use the phone numbers that you provide to us to contact your cellular phone or wireless device with text messages, artificial or prerecorded\nvoice calls, and calls made by an automatic telephone dialing system. Text frequency may vary and may be recurring. This consent applies even if you are\ncharged for the call under your plan. You are responsible for any charges that may be billed to you by your communications carrier when we contact you.\nMessage and data rates may vary. We and any carrier are not liable for delayed or undelivered messages. If you have questions, please call the number\non the back of your card.\nTelephone Monitoring. For quality control, you allow us to listen to and/or record telephone calls between you and us.\nConsent To Electronic Disclosures. When you applied for this account, you agreed to receive Electronic Communications from us regarding your\naccount, which may include disclosures required by applicable federal or state law (collectively, \xe2\x80\x9cCommunications\xe2\x80\x9d). These Communications include\nthe Agreement, Statements and Privacy Policy, disclosures relating to any optional debt cancellation product you elect to purchase, including, without\nlimitation, any Truth in Lending Act disclosures and other federal and state law disclosures, notices and communications in connection with the application\nfor, the opening of, maintenance or collection of an account. Communications may be sent to your email address. Communications may include your name\nand some information about your account, including your balance or the due date for your payment. Electronic Communications may be disclosed to any\nparty with access to your account or email account or hardware or software used to view your account or email account. At our option, we may provide\nyou with paper Communications, such as paper Statements. In addition, if we provide you with paper Statements, we may switch to providing you with\nelectronic Statements instead upon notice to you, unless you have withdrawn your consent to receive Electronic Communications as set forth below. You\nmay withdraw your consent to receive Electronic Communications and elect to receive paper Communications by writing to P.O. Box 965004, Orlando, FL\n32896-5004. However, if you do so, we may close your account to future Purchases and Cash Advances and you will be required to pay off any balances\nunder the terms that apply to your account at the time you withdraw your consent.\n\nIMPORTANT INFORMATION ABOUT YOUR ACCOUNT\nClosing Your Account. You may close your account at any time by sending a letter to the address shown on your billing statement or calling customer\nservice. We may close your account at any time, for any reason, including if your PayPal account is closed or if your account is no longer linked to your\nPayPal account. If your account is closed, you must stop using it. You must still pay the full amount you owe and this Agreement will remain in effect\nuntil you do.\nCollection Costs. If we ask an attorney who is not our salaried employee to collect your account, we may charge you our collection costs. These include\ncourt costs and reasonable attorneys\xe2\x80\x99 fees.\nCredit Bureau Reporting. We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your\naccount may be shown in your credit report. Tell us if you think we reported wrong information about you to a credit bureau. Write to us at P.O. Box 965005,\nOrlando, FL 32896-5005. Tell us what information is wrong and why you think it is wrong. If you have a copy of the credit report that includes the wrong\ninformation, send us a copy.\nDefault. You are in default if you make a late payment, do not follow any other term of this Agreement or become bankrupt or insolvent. If you default\nor upon your death, we may (a) request payment of the full amount due right away, (b) take legal action to collect the amounts owed, and/or (c) take any\nother action allowed.\nDisputed Amounts. The billing rights summary in section IV of this Agreement describes what to do if you think there is a mistake on your\nbill. If you send us correspondence about a disputed amount or payment, you must send it to the address for billing inquiries. We do not\ngive up any rights under this Agreement if we accept a payment marked \xe2\x80\x9cpayment in full\xe2\x80\x9d or given with any other conditions or limitations.\nUnauthorized Use. If your card is lost, stolen or used without your consent, call us immediately at 1-866-780-6221. You will not be liable for unauthorized\nuse on your account, but you will be responsible for all use by anyone you give your card to or allow to use your account.\n\nIMPORTANT INFORMATION ABOUT THIS AGREEMENT\nAssignment. We may sell, assign or transfer any or all of our rights or duties under this Agreement or your account, including our rights to payments. We\ndo not have to give you prior notice of such action. You may not sell, assign or transfer any of your rights or duties under this Agreement or your account.\nPayPal Account. You are not required to apply for and/or have a PayPal Start Mastercard account in order to have a PayPal account, but you must\nhave a PayPal account in good standing in order to apply for and maintain a PayPal Start Mastercard account. If your PayPal account is closed for any\nreason, or if your PayPal Start Mastercard account is no longer linked to your PayPal account, then your PayPal Start Mastercard account will be closed.\n4\n\n\x0cAssignment of Rights in Certain Funds Held By PayPal. If you obtain a credit from us for any Purchase used to fund your PayPal account, you agree\nthat effective as of the time when such credit is issued, you will be deemed to have transferred to us any of your rights or interests in any funds held by\nPayPal for your benefit or otherwise, that resulted, directly or indirectly, from such Purchase.\nEnforceability. If any part of this Agreement is found to be void or unenforceable, all other parts of this Agreement will still apply.\nGoverning Law. Except as provided in the Resolving a Dispute with Arbitration section, this Agreement and your account are governed by federal law\nand, to the extent state law applies, the laws of Utah without regard to its conflicts of law principles. This Agreement has been accepted by us in Utah.\nWaiver. We may give up some of our rights under this Agreement. If we give up any of our rights in one situation, we do not give up the same right in another situation.\n\nRESOLVING A DISPUTE WITH ARBITRATION\nPLEASE READ THIS SECTION CAREFULLY. IF YOU DO NOT REJECT IT, THIS SECTION WILL APPLY TO YOUR ACCOUNT, AND MOST\nDISPUTES BETWEEN YOU AND US WILL BE SUBJECT TO INDIVIDUAL ARBITRATION. THIS MEANS THAT: (1) NEITHER A COURT\nNOR A JURY WILL RESOLVE ANY SUCH DISPUTE; (2) YOU WILL NOT BE ABLE TO PARTICIPATE IN A CLASS ACTION OR SIMILAR\nPROCEEDING; (3) LESS INFORMATION WILL BE AVAILABLE; AND (4) APPEAL RIGHTS WILL BE LIMITED.\n\xe2\x80\xa2 What claims are subject to arbitration\n1. \x07If either you or we make a demand for arbitration, you and we must arbitrate any dispute or claim between you or any other user of your\naccount, and us, our affiliates, agents and/or PayPal, Inc., if it relates to your account, except as noted below.\n2. \x07We will not require you to arbitrate: (1) any individual case in small claims court or your state\xe2\x80\x99s equivalent court, so long as it remains an\nindividual case in that court; or (2) a case we file to collect money you owe us. However, if you respond to the collection lawsuit by claiming\nany wrongdoing, we may require you to arbitrate.\n3. \x07Notwithstanding any other language in this section, only a court, not an arbitrator, will decide disputes about the validity, enforceability, coverage\nor scope of this section or any part thereof (including, without limitation, the next paragraph of this section and/or this sentence). However, any\ndispute or argument that concerns the validity or enforceability of the Agreement as a whole is for the arbitrator, not a court, to decide.\n\xe2\x80\xa2 No Class Actions\nYOU AGREE NOT TO PARTICIPATE IN A CLASS, REPRESENTATIVE OR PRIVATE ATTORNEY GENERAL ACTION AGAINST US IN\nCOURT OR ARBITRATION. ALSO, YOU MAY NOT BRING CLAIMS AGAINST US ON BEHALF OF ANY ACCOUNTHOLDER WHO IS\nNOT AN ACCOUNTHOLDER ON YOUR ACCOUNT, AND YOU AGREE THAT ONLY ACCOUNTHOLDERS ON YOUR ACCOUNT MAY\nBE JOINED IN A SINGLE ARBITRATION WITH ANY CLAIM YOU HAVE.\nIf a court determines that this paragraph is not fully enforceable, only this sentence will remain in force and the remainder will be null and void,\nand the court\xe2\x80\x99s determination shall be subject to appeal. This paragraph does not apply to any lawsuit or administrative proceeding filed against\nus by a state or federal government agency even when such agency is seeking relief on behalf of a class of borrowers, including you. This means\nthat we will not have the right to compel arbitration of any claim brought by such an agency.\n\xe2\x80\xa2 How to start an arbitration, and the arbitration process\n1. \x07The party who wants to arbitrate must notify the other party in writing. This notice can be given after the beginning of a lawsuit or in\npapers filed in the lawsuit. Otherwise, your notice must be sent to Synchrony Bank, Legal Operation, P.O. Box 29110, Shawnee Mission,\nKS 66201-5320, ATTN: ARBITRATION DEMAND. The party seeking arbitration must select an arbitration administrator, which can be either\nthe American Arbitration Association (AAA), 120 Broadway, Floor 21, New York, NY 10271, www.adr.org, 1-800-778-7879, or JAMS, 620\nEighth Avenue, 34th Floor, New York, NY 10018, www.jamsadr.com, 1-800-352-5267. If neither administrator is able or willing to handle the\ndispute, then the court will appoint an arbitrator.\n2. \x07If a party files a lawsuit in court asserting claim(s) that are subject to arbitration and the other party files a motion with the court to compel\narbitration, which is granted, it will be the responsibility of the party asserting the claim(s) to commence the arbitration proceeding.\n3. \x07The arbitration administrator will appoint the arbitrator and will tell the parties what to do next. The arbitrator must be a lawyer with at least ten\nyears of legal experience. Once appointed, the arbitrator must apply the same law and legal principles, consistent with the FAA, that would\napply in court, but may use different procedural rules. If the administrator\xe2\x80\x99s rules conflict with this Agreement, this Agreement will control.\n4. \x07The arbitration will take place by phone or at a reasonably convenient location. If you ask us to, we will pay all the fees the administrator or\narbitrator charges, as long as we believe you are acting in good faith. We will always pay arbitration costs, as well as your legal fees and costs,\nto the extent you prevail on claims you assert against us in an arbitration proceeding which you have commenced.\n\xe2\x80\xa2 Governing Law for Arbitration\n\t\x07This Arbitration section of your Agreement is governed by the Federal Arbitration Act (FAA). Utah law shall apply to the extent state law is relevant\nunder the FAA. The arbitrator\xe2\x80\x99s decision will be final and binding, except for any appeal right under the FAA. Any court with jurisdiction may enter\njudgment upon the arbitrator\xe2\x80\x99s award.\n\xe2\x80\xa2 How to reject this section\n\t\x07\nYou may reject this Arbitration section of your Agreement. If you do that, only a court may be used to resolve any dispute or claim.\nTo reject this section, you must send us a notice within 60 days after you open your account or we first provided you with your\nright to reject this section. The notice must include your name, address and account number, and must be mailed to Synchrony\nBank, P.O. Box 965012, Orlando, FL 32896-5012. This is the only way you can reject this section.\n\nSECTION IV: OTHER IMPORTANT INFORMATION\nPAYPAL START MASTERCARD\xc2\xae ACCOUNT AGREEMENT\nThis section of the agreement includes state notices, billing rights summary and rewards terms (if applicable) and is not required to be provided as part of the\ncredit card agreement posted online or provided to the CFPB.\n\nFR833282333 PAYPAL START MASTERCARD\nTC DC PDF 38398R\n3/19\n5\n\n\x0c'


b'FR833282333 FLEET REWARDS\xc2\xae CREDIT CARD\nPLCC TC PDF WF2112524C\n6/20\n\nSYNCHRONY BANK\nSECTION I: RATES AND FEES TABLE\nFLEET REWARDS\xc2\xae CREDIT CARD ACCOUNT AGREEMENT\nPRICING INFORMATION\nInterest Rates and Interest Charges\nAnnual\nPercentage\nRate (APR) for\nPurchases\n\nThe APR for purchases is the prime rate plus 24.74%\n\nPaying Interest\n\nYour due date is at least 23 days after the close of each billing cycle. We will not charge you any interest\non non-promotional purchases if you pay your entire balance by the due date each month. We will begin\ncharging interest on promotional purchases on the purchase date.\n\nMinimum\nInterest Charge\n\nIf you are charged interest, the charge will be no less than $2.00.\n\nThis APR will vary with the market based on the Prime Rate.\n\nFees\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n\nUp to $39.\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9cdaily balance.\xe2\x80\x9d See your credit card account agreement on the next page\nfor more details.\n\n1\n\n\x0cSECTION II: RATES, FEES AND PAYMENT INFORMATION\nFLEET REWARDS\xc2\xae CREDIT CARD ACCOUNT AGREEMENT\nHow Interest is Calculated\nYour Interest\nRate\n\nThe APR for purchases is the prime rate plus 24.74%, but will not exceed 29.99% (.08217%). We use a daily rate to calculate the interest\non the balance on your account each day. The daily rate for purchases is the APR times 1/365. As of April 1, 2020, the daily rate for\npurchases is .07669% (APR 27.99%). Interest will be imposed in amounts or at rates not in excess of those permitted by applicable law.\nDaily Rates May Vary. The APR and the daily rate on your account vary with the market based on the prime rate. The prime rate for a\nbilling cycle is the highest bank prime loan rate published in The Wall Street Journal in its Money Rates section on the last business day\nof the calendar month preceding the first day of the billing cycle.\nIf the prime rate increases, the daily rate and APR will increase. As a result, interest, your total minimum payment and the number of\npayments it would take you to pay off your account balance may increase. We apply any change in rates because of a prime rate change\nto your entire account balance. A change in the prime rate will take effect on the first day of the first billing cycle after the change. We may\nselect a new interest rate index if the prime rate is not available.\n\nWhen We\nCharge Interest\n\nWe charge interest on your purchases from the date you make the purchase until you pay the purchase in full. See exceptions below.\n\xe2\x80\xa2 We will not charge you interest during a billing cycle on any non-promotional purchases if:\n1. You had no balance at the start of the billing cycle; OR\n2. \x07You had a balance at the start of the billing cycle and you paid that balance in full by the due date in that billing cycle.\nWe always charge interest on promotional purchases and their related fees from the date you make the purchase.\n\xe2\x80\xa2\t\x07We will credit, as of the start of the billing cycle, any payment you make by the due date that we allocate to non-promotional\npurchases if:\n1. You had no balance at the start of the previous billing cycle; OR\n2. \x07You had a balance at the start of the previous billing cycle and you paid that balance in full by the due date in the previous\nbilling cycle.\n\nFOLD\n\nHow We\nCalculate\nInterest\n\nWe figure the interest charge on your account separately for each balance type. We do this by applying the daily rate to the daily balance\nfor each day in the billing cycle. A separate daily balance is calculated for the following balance types, as applicable: purchases and\nbalances subject to different interest rates, plans or special promotions. See below for more details on how this works.\n1. \x07How to get the daily balance: We take the starting balance each day, add any new charges and fees, and subtract any payments\nor credits. This gives us the daily balance.\nWe apply fees to balance types as follows:\n(a) late payment fees are treated as new purchases; and\n(b) debt cancellation fees are added proportionately to each balance.\n2. How to get the daily interest amount: We multiply each daily balance by the daily rate that applies.\n3. How to get the starting balance for the next day: We add the daily interest amount in step 2 to the daily balance from step 1.\n4. How to get the interest charge for the billing cycle: We add all the daily interest amounts that were charged during the billing cycle.\nWe charge a minimum of $2.00 of interest in any billing cycle in which you owe interest. Interest, as calculated above, is added as\napplicable to each balance type. Minimum interest charges in excess of the calculated interest are treated as new purchases.\n\nHow Fees Work\nLate Payment\nFee\n\nWe will charge this fee if we do not receive the total minimum payment due on your account by 5 p.m. (ET) on the due date. This fee is\nequal to:\n1. $28, if you have paid your total minimum payment due by the due date in each of the prior six billing cycles.\nOR\n2. $39, if you have failed to pay your total minimum payment due by the due date in any one or more of the prior six billing cycles.\n\nFOLD\n\nThe late payment fee will not be more than the total minimum payment that was due.\n\nMinimum Payment Calculation:\nYour total minimum payment is calculated as follows.\nThe sum of:\na. \x07For the new balance shown on your billing statement (excluding any balance attributable to a special promotional purchase with a unique payment calculation),\nthe greater of:\n\t\t\n\n(i) $28; or\n\n\t\t\n\n(ii) \x073.5% of the new balance shown on your billing statement; or\n\n\t\t\n\n(iii) \x07The sum of 1% of your new balance shown on your billing statement plus interest and late payment fees charged in the current billing cycle; PLUS\n\nb. Any past due amounts; PLUS\nc. Any payment due in connection with a special promotional purchase with a unique payment calculation.\nWe round up to the next highest whole dollar in figuring your total minimum payment. Your total minimum payment will never be more than your new balance.\n\n2\n\n\x0cSpecial Promotional Financing Offer Information\nAt times, we may offer you special financing promotions for certain transactions (\xe2\x80\x9cspecial promotions\xe2\x80\x9d). The terms of the Agreement apply to any special promotions.\nHowever, any special promotional terms that are different than the terms in the Agreement will be explained on promotional advertising or other disclosures provided to\nyou. Below is a description of certain special promotions that may be offered:\n\xe2\x80\xa2 \x07No Interest if Paid in\nFull Within 6 Months\n\xe2\x80\xa2 \x07No Interest if Paid in\nFull Within 12 Months\n\xe2\x80\xa2 \x07No Interest if Paid in\nFull Within 18 Months\n\nFor each promotion, if the promotional balance is not paid in full within the promotional period, interest will be imposed from the date of\npurchase at the variable Purchase APR that applies to your account when the promotional purchase is made.\nAt the time your account is opened, the variable Purchase APR is 27.99%.\nYour Purchase APR will vary with the market based on the prime rate.\n\nWhen you make a qualifying purchase under one of these promotions, no interest will be assessed on the purchase if you pay the following (the \xe2\x80\x9cpromotional balance\xe2\x80\x9d)\nin full within the applicable promotional period: (1) the promotional purchase amount, and (2) any related optional credit insurance/debt cancellation charges. If you do\nnot, interest will be assessed on the promotional balance from the date of the purchase. Minimum monthly payments are required. Regular account terms apply to\nnon-promotional purchases and, after promotion ends, to promotional purchases. Offers are subject to credit approval. These promotional offers may not be available at\nall times for all purchases. Please see any special promotion advertising or other disclosures provided to you for the full terms of any special promotion offered.\n\nSECTION III: STANDARD PROVISIONS\nFLEET REWARDS\xc2\xae CREDIT CARD ACCOUNT AGREEMENT\nABOUT THE CREDIT CARD ACCOUNT AGREEMENT\nThis Agreement. This is an Agreement between you and Synchrony Bank, 170 Election Road, Suite 125, Draper, UT 84020, for your credit card account shown\nabove. By opening or using your account, you agree to the terms of the entire Agreement. The entire Agreement includes the four sections of this document and\nthe application you submitted in connection with the account. These documents replace any other agreement relating to your account that you or we made earlier\nor at the same time.\nParties To This Agreement. This Agreement applies to each accountholder approved on the account and each of you is responsible for paying the full amount\ndue, no matter which one uses the account. We may treat each of you as one accountholder and may refer to each of you as \xe2\x80\x9cyou\xe2\x80\x9d or \xe2\x80\x9cyour.\xe2\x80\x9d Synchrony Bank\nmay be referred to as \xe2\x80\x9cwe,\xe2\x80\x9d \xe2\x80\x9cus\xe2\x80\x9d or \xe2\x80\x9cour.\xe2\x80\x9d\nChanges To This Agreement. We may change, add or delete terms of this Agreement, including interest rates, fees and charges.\nSpecial Promotions. The terms of this Agreement apply to any special promotion. However, any special promotional terms that are different than the terms in\nthis Agreement will be explained on promotional advertising or other disclosures provided to you.\n\nHOW TO USE YOUR ACCOUNT/CARD\nUse Of Your Account. You may use your account only for lawful personal, family or household purposes. You may use your account for purchases from Fleet\nWholesale Supply Co., LLC and its affiliates\xe2\x80\x99 (\xe2\x80\x9cFleet Farm\xe2\x84\xa2\xe2\x80\x9d) locations in the United States, including the Fleet Farm\xe2\x84\xa2 website.\nYou Promise To Pay. You promise to pay us for all amounts owed to us under this Agreement.\nYour Responsibility. Each accountholder will receive a card. You may not allow anyone else to use your account. If you do, or if you ask us to send a card to\nsomeone else, you will be responsible for paying for all charges resulting from their transactions.\nPurchase Limits. To prevent fraud, we may limit the number or dollar amount of purchases you can make in any particular amount of time. We also may decline\nany particular charge on your account for any reason.\nCredit Limit. You will be assigned a credit limit that we may increase or decrease from time to time. If we approve a purchase that makes you go over your credit\nlimit, we do not give up any rights under this Agreement and we do not treat it as an increase in your credit limit.\n\nHOW AND WHEN TO MAKE PAYMENTS\nWhen Payments Are Due. You must pay at least the total minimum payment due on your account by 5 p.m. (ET) on the due date of each billing cycle. Payments\nreceived after 5 p.m. (ET) will be credited as of the next day. You may at any time pay, in whole or in part, the total unpaid balance without any additional charge\nfor prepayment. If you have a balance subject to interest, earlier payment may reduce the amount of interest you will pay. We may delay making credit available\non your account in the amount of your payment even though we will credit your payment when we receive it.\nPayment Options. You can pay by mail or online. We may allow you to make payments over the phone but we will charge you a fee to make expedited\nphone payments. Your payment must be made in U.S. dollars by physical or electronic check, money order or a similar instrument from a bank located in\nthe United States.\nHow To Make A Payment. You must follow the instructions for making payments provided on your billing statement. If you do not, credit of your payment may\nbe delayed up to five days. Your billing statement also explains how information on your check is used.\nPayment Allocation. We will apply the required total minimum payment to balances on your account using any method we choose. Any payment you make in\nexcess of the required total minimum payment will be applied to higher APR balances before lower APR balances. Applicable law may require or permit us to apply\nexcess payments in a different manner in certain situations, such as when your account has a certain type of special promotion.\n\nINFORMATION ABOUT YOU\nUsing And Sharing Your Information. When you applied for an account, you gave us and Fleet Farm\xe2\x84\xa2 information about yourself that we could share with\neach other. Fleet Farm\xe2\x84\xa2 will use the information in connection with the credit program and for things like creating and updating its records and offering you special\nbenefits. More information about how we use and share information is set forth in the privacy policy for your account.\nAddress/Phone Change. You represent that any phone number that you provide to us belongs to you and/or that you are authorized to provide that number.\nYou also agree to tell us right away if you change your address or any phone number.\n\n3\n\n\x0cConsent To Communications. You consent to us, as well as any other owner or servicer of your account, contacting you through any channel of communication\nand for any purpose, as permitted by applicable law. For informational, servicing, fraud, or collection related communications, you agree that we may use the phone\nnumbers that you provide to us to contact your cellular phone or wireless device with text messages, artificial or prerecorded voice calls, and calls made by an\nautomatic telephone dialing system. Text frequency may vary and may be recurring. This consent applies even if you are charged for the call under your plan. You are\nresponsible for any charges that may be billed to you by your communications carrier when we contact you. Message and data rates may vary. We and any carrier\nare not liable for delayed or undelivered messages. If you have questions, please call the number on the back of your card.\nTelephone Monitoring. For quality control, you allow us to listen to and/or record telephone calls between you and us.\n\nIMPORTANT INFORMATION ABOUT YOUR ACCOUNT\nClosing Your Account. You may close your account at any time by sending a letter to the address shown on your billing statement or calling customer service.\nWe may close your account at any time, for any reason. If your account is closed, you must stop using it. You must still pay the full amount you owe and this\nAgreement will remain in effect until you do.\nCollection Costs. If we ask an attorney who is not our salaried employee to collect your account, we may charge you our collection costs. These include court\ncosts and reasonable attorneys\xe2\x80\x99 fees.\nCredit Bureau Reporting. We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your\naccount may be shown in your credit report. Tell us if you think we reported wrong information about you to a credit bureau. Write to us at P.O. Box 965005,\nOrlando, FL 32896-5005. Tell us what information is wrong and why you think it is wrong. If you have a copy of the credit report that includes the wrong\ninformation, send us a copy.\nDefault. You are in default if you make a late payment, do not follow any other term of this Agreement or become bankrupt or insolvent. If you default or\nupon your death, we may (a) request payment of the full amount due right away, (b) take legal action to collect the amounts owed, and/or (c) take any other\naction allowed.\nDisputed Amounts. The billing rights summary in section IV of this Agreement describes what to do if you think there is a mistake on your bill. If\nyou send us correspondence about a disputed amount or payment, you must send it to the address for billing inquiries. We do not give up any\nrights under this Agreement if we accept a payment marked \xe2\x80\x9cpayment in full\xe2\x80\x9d or given with any other conditions or limitations.\nUnauthorized Use. If your card is lost, stolen or used without your consent, call us immediately at 1-855-485-6223. You will not be liable for unauthorized use\non your account, but you will be responsible for all use by anyone you give your card to or allow to use your account.\n\nIMPORTANT INFORMATION ABOUT THIS AGREEMENT\nAssignment. We may sell, assign or transfer any or all of our rights or duties under this Agreement or your account, including our rights to payments. We do not\nhave to give you prior notice of such action. You may not sell, assign or transfer any of your rights or duties under this Agreement or your account.\nEnforceability. If any part of this Agreement is found to be void or unenforceable, all other parts of this Agreement will still apply.\nGoverning Law. Except as provided in the Resolving a Dispute with Arbitration section, this Agreement and your account are governed by federal law and, to\nthe extent state law applies, the laws of Utah without regard to its conflicts of law principles. This Agreement has been accepted by us in Utah.\nWaiver. We may give up some of our rights under this Agreement. If we give up any of our rights in one situation, we do not give up the same right in\nanother situation.\n\nRESOLVING A DISPUTE WITH ARBITRATION\nPLEASE READ THIS SECTION CAREFULLY. IF YOU DO NOT REJECT IT, THIS SECTION WILL APPLY TO YOUR ACCOUNT, AND MOST DISPUTES\nBETWEEN YOU AND US WILL BE SUBJECT TO INDIVIDUAL ARBITRATION. THIS MEANS THAT: (1) NEITHER A COURT NOR A JURY WILL\nRESOLVE ANY SUCH DISPUTE; (2) YOU WILL NOT BE ABLE TO PARTICIPATE IN A CLASS ACTION OR SIMILAR PROCEEDING; (3) LESS\nINFORMATION WILL BE AVAILABLE; AND (4) APPEAL RIGHTS WILL BE LIMITED.\n1. C\n\x07 LAIMS AND PARTIES. If either you or we make a demand for arbitration, you and we must arbitrate any dispute or claim between you (including any other\nuser of your account), and us (including our parents, affiliates, agents, employees, officers, and assignees) that directly or indirectly arises from or relates to\nyour account, your account Agreement or our relationship, except as noted below. In addition, Fleet Farm\xe2\x84\xa2 and/or any assignee, agent, or service provider\nof ours that collects amounts due on your account are intended beneficiaries of this Arbitration section and may enforce it in full (notwithstanding any state\nlaw to the contrary).\n2. T\n\x07 his Arbitration section broadly covers claims based upon contract, tort, consumer rights, fraud and other intentional torts, negligence, constitution, statute,\nregulation, ordinance, common law and equity and claims for money damages and injunctive or declaratory relief, even if they arose before this section took\neffect. You may not sell, assign or transfer a claim.\n3. E\n\x07 xamples of claims subject to arbitration are disputes about an account transaction, fees, charges or interest, the events leading up to the Agreement (such\nas any disclosures, advertisements, promotions or oral or written statements, warranties or representations made by us), an application for or denial of credit,\nany product or service provided by us or third parties in connection with the Agreement, credit reporting, benefit programs related to your account including\nany reward program, the collection of amounts due by our assignees, service providers, or agents and the manner of collection.\n4. H\n\x07 owever, we will not require you to arbitrate any individual case in small claims court or your state\xe2\x80\x99s equivalent court, so long as it remains an individual case\nin that court. Also, even if all parties have opted to litigate a claim in court, you or we may elect arbitration with respect to any claim made by a new party or\nany claim later asserted by a party in any related or unrelated lawsuit, including modifying an individual claim to assert a class, representative or multi-party\nclaim. Arbitration may be requested at any time, even where there is a pending lawsuit, unless a trial has begun, or a final judgment entered.\n5. O\n\x07 nly a court will decide disputes about the validity, enforceability, coverage or scope of this Arbitration section or any part thereof. However, any dispute that\nconcerns the validity or enforceability of the Agreement as a whole is for the arbitrator to decide.\n6. N\n\x07 O CLASS ACTIONS. IF EITHER YOU OR WE ELECT TO ARBITRATE A CLAIM, NEITHER YOU NOR WE WILL HAVE THE RIGHT (A) TO PARTICIPATE\nIN A CLASS ACTION, PRIVATE ATTORNEY GENERAL ACTION OR OTHER REPRESENTATIVE ACTION IN COURT OR IN ARBITRATION, EITHER AS\nA CLASS REPRESENTATIVE OR CLASS MEMBER, OR (B) TO JOIN OR CONSOLIDATE CLAIMS WITH CLAIMS OF ANY OTHER PERSONS EXCEPT\nACCOUNTHOLDERS ON YOUR ACCOUNT. THUS, YOU MAY NOT BRING CLAIMS AGAINST US ON BEHALF OF ANY ACCOUNTHOLDER WHO IS NOT\nAN ACCOUNTHOLDER ON YOUR ACCOUNT, AND YOU AGREE THAT ONLY ACCOUNTHOLDERS ON YOUR ACCOUNT MAY BE JOINED IN A SINGLE\nARBITRATION WITH ANY CLAIM YOU HAVE.\n\n4\n\n\x0c7.\n\n\x07PROCEDURES. The party who wants to arbitrate must notify the other party in writing. This notice can be given after the beginning of a lawsuit or in\npapers filed in the lawsuit. Otherwise, your notice must be sent to Synchrony Bank, Legal Operation, P.O. Box 29110, Shawnee Mission, KS 66201-5320,\nATTN: ARBITRATION DEMAND. The party seeking arbitration must select either the American Arbitration Association (AAA), 120 Broadway, Floor 21,\nNew York, NY 10271, www.adr.org, or JAMS, 620 Eighth Avenue, 34th Floor, New York, NY 10018, www.jamsadr.com, to administer the arbitration. If neither\nadministrator can handle the dispute, a court with jurisdiction will appoint an arbitrator.\n\n8. T\n\x07 he arbitration administrator will appoint the arbitrator and will tell the parties what to do next. The arbitrator must be a lawyer with at least ten years of legal\nexperience. The arbitrator must apply the same law, consistent with the Federal Arbitration Act (FAA), that would apply to an individual action in court, but\nmay use different procedural rules. The arbitrator will apply the same statutes of limitation and privileges that a court would apply if the matter were pending\nin court.\n9. T\n\x07 he arbitrator may award any damages or other relief or remedies that would apply under applicable law to an individual action brought in court, including,\nwithout limitation, punitive damages (governed by the Constitutional standards employed by the courts) and injunctive, equitable and declaratory relief (but\nonly in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party\xe2\x80\x99s individual claim). The parties\nwill bear the fees and costs of their attorneys, witnesses and experts. However, the arbitrator will have the authority to award fees and costs of attorneys,\nwitnesses and experts to the extent permitted by the Agreement, the administrator\xe2\x80\x99s rules or applicable law.\n10. T\n\x07 he arbitration will take place by phone or at a location reasonably convenient to you. If you ask, we will pay all the fees the administrator or arbitrator charges\nif you cannot obtain a waiver of fees from the administrator and are acting in good faith. We will always pay arbitration costs required by the administrator\xe2\x80\x99s\nrules or that are necessary for this Arbitration section to be enforced.\n11. \x07GOVERNING LAW. This Arbitration section is governed by the FAA. Utah law shall apply to the extent state law is relevant under the FAA, unless otherwise\nstated herein. The arbitrator\xe2\x80\x99s award will be final and binding, except for any appeal right under the FAA. Any court with jurisdiction may enter judgment upon\nthe arbitrator\xe2\x80\x99s award. The arbitration award and any judgment confirming it will apply only to the specific case and cannot be used in any other case except\nto enforce the award.\n12. \x07SURVIVAL. This Arbitration section shall survive the repayment of all amounts owed, the termination, cancellation or suspension of the Agreement or your\naccount or credit privileges, any legal proceeding, and any bankruptcy by you, to the extent consistent with applicable bankruptcy law. If this Arbitration\nsection conflicts with the applicable arbitration rules or the other provisions of the Agreement, this Arbitration section shall govern.\n13. \x07SEVERABILITY. If any portion of this Arbitration section is held to be invalid or unenforceable, the remaining portions shall nevertheless remain in force with\nthe following two exceptions. First, if a determination is made that the \xe2\x80\x9cNo Class Actions\xe2\x80\x9d provision is unenforceable, and that determination is not reversed on\nappeal, then this Arbitration section shall be void in its entirety. Second, if a court determines that a public injunctive relief claim may proceed notwithstanding\nthe \xe2\x80\x9cNo Class Actions\xe2\x80\x9d provision, and that determination is not reversed on appeal, then the public injunctive relief claim will be decided by a court, and any\nindividual claims will be arbitrated. The parties will ask the court to stay the public injunctive relief claim until the other claims have been finally concluded.\n14. H\n\x07 OW TO REJECT ARBITRATION. You may reject this Arbitration section. If you do that, a court will resolve any dispute or claim. To reject this section,\nsend us a notice within 45 days after you open your account or we first provided you with your right to reject this section. The notice must include your name,\naddress, account number, and personal signature, and must be mailed to Synchrony Bank, P.O. Box 965012, Orlando, FL 32896-5012. This is the only way\nyou can reject this section. Rejecting this Arbitration section will not affect any other provision of the Agreement. It will also not affect any prior arbitration\nagreement or dispute resolution provision between you and us, which will remain in full force and effect. If you don\xe2\x80\x99t reject this Arbitration section, it will be\neffective as of the date of the Agreement and will supersede any prior arbitration agreement between you and us that would otherwise be applicable.\n\nSECTION IV: OTHER IMPORTANT INFORMATION\nFLEET REWARDS\xc2\xae CREDIT CARD ACCOUNT AGREEMENT\nThis section of the agreement includes state notices, billing rights summary and rewards terms (if applicable) and is not required to be provided as part of the credit card\nagreement posted online or provided to the CFPB.\n\nFR833282333 FLEET REWARDS\xc2\xae CREDIT CARD\nPLCC TC PDF WF2112524C\n6/20\n5\n\n\x0c'


b'FR833282333 BELK REWARDS CARD\nPLCC T&C PDF WF2122253E\n12/2020\n\nSYNCHRONY BANK\nSECTION I: RATES AND FEES TABLE\nBELK REWARDS CARD ACCOUNT AGREEMENT\nPRICING INFORMATION\nInterest Rates and Interest Charges\nAnnual Percentage\nRate (APR) for\nPurchases\n\n25.49%\n\nHow to Avoid\nPaying Interest\n\nYour due date is at least 23 days after the close of each billing cycle. We will not charge you any interest on\npurchases if you pay your entire balance by the due date each month.\n\nMinimum Interest\nCharge\n\nIf you are charged interest, the charge will be no less than $1.00.\n\nFees\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n\nUp to $40.\n\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9cdaily balance.\xe2\x80\x9d See your credit card account agreement on the next\npage for more details.\n\nSECTION II: RATES, FEES AND PAYMENT INFORMATION\nBELK REWARDS CARD ACCOUNT AGREEMENT\nHow Interest is Calculated\nYour Interest Rate\n\nWe use a daily rate to calculate the interest on the balance on your account each day. The daily rate for purchases is the APR times 1/365.\nThe daily rate for purchases is .06984% (APR 25.49%). Interest will be imposed in amounts or at rates not in excess of those permitted\nby applicable law.\n\nWhen We Charge\nInterest\n\nWe charge interest on your purchases from the date you make the purchase until you pay the purchase in full. See exceptions below.\n\xe2\x80\xa2 We will not charge you interest during a billing cycle on any purchases if:\n1. You had no balance at the start of the billing cycle; OR\n2. \x07You had a balance at the start of the billing cycle and you paid that balance in full by the due date in that billing cycle.\n\xe2\x80\xa2 We will not charge you interest during a billing cycle on Belk Rewards Flex Pay Plan balances if you pay at least:\n1. The Belk Rewards Flex Pay Plan Payment;\n2. The minimum payment on your regular plan balance; and\n3. Any past due amounts by the due date in that billing cycle.\n\xe2\x80\xa2 We will not charge you interest during a billing cycle on the Table Top/Jewelry Plans if you pay at least:\n1. The minimum payment called for under such Plan;\n2. All other minimum payments on your account; and\n3. Any past due amounts by the due date in that billing cycle.\n\xe2\x80\xa2 We will credit, as of the start of the billing cycle, any payment you make by the due date that we allocate to purchases if:\n1. You had no balance at the start of the previous billing cycle; OR\n2. \x07You had a balance at the start of the previous billing cycle and you paid that balance in full by the due date in the previous\nbilling cycle.\n\n1\n\n\x0cHow We Calculate\nInterest\n\nWe figure the interest charge on your account separately for each balance type. We do this by applying the daily rate to the daily balance\nfor each day in the billing cycle. A separate daily balance is calculated for the following balance types: purchases and balances subject\nto different interest rates, plans or special promotions. See below for how this works.\n1. \x07How to get the daily balance: We take the starting balance each day, add any new charges and fees, and subtract any payments or\ncredits. This gives us the daily balance.\nWe apply fees to balance types as follows:\na. late payment fees are treated as new purchases; and\nb. debt cancellation fees are added proportionately to each balance.\n2. How to get the daily interest amount: We multiply each daily balance by the daily rate that applies.\n3. How to get the starting balance for the next day: We add the daily interest amount in step 2 to the daily balance from step 1.\n4. \x07How to get the interest charge for the billing cycle: We add all the daily interest amounts that were charged during the billing cycle.\nWe charge a minimum of $1.00 of interest in any billing cycle in which you owe interest. This charge is added proportionately to each\nbalance type.\n\nHow Fees Work\nLate Payment Fee\n\nWe will charge this fee if we do not receive the total minimum payment due on your account by 5 p.m. (ET) on the due date. This fee is\nequal to:\n1. $29, if you have paid your total minimum payment due by the due date in each of the prior six billing cycles.\nOR\n2. $40, if you have failed to pay your total minimum payment due by the due date in any one or more of the prior six billing cycles.\nThe late payment fee will not be more than the total minimum payment that was due.\n\nMinimum Payment Calculation\nYour total minimum payment is calculated as follows.\nThe greater of:\n1. \x07$29, or $40 (which includes any past due amounts) if you have failed to pay at least the total minimum payment due by the due date in any one or more of the prior\nsix billing cycles. If you have both a regular balance and a Belk Rewards Flex Pay Plan balance on your account, this amount will be allocated proportionately to\neach balance.\nOR\n2. \x07The sum of the following amounts on each of your regular balance and your Belk Rewards Flex Pay Plan balance:\na. \x071% of your new balance (excluding any balance associated with a Belk special promotional purchase with a unique payment calculation, such as a Table Top/\nJewelry Plan purchase) shown on your billing statement plus interest charged in the current billing cycle on such balance; PLUS\nb. A\n\x07 ny past due amounts; PLUS\nc. A\n\x07 ny late payment fees charged in the current billing cycle; PLUS\nd. \x07Any payment due in connection with a Belk special promotional purchase with a unique payment calculation, such as a Table Top/Jewelry Plans purchase.\nFor accounts with a Qualifying Purchase(s) on the Table Top/Jewelry Plans, your minimum monthly payment on such Qualifying Purchase will be 1/12 of\nthe highest billed balance of Qualifying Purchases since a Qualifying Purchase was last made on your account, rounded to the next highest dollar. Optional\ncredit insurance/debt cancellation charges and any applicable interest charges on Qualifying Purchases are included in the Qualifying Purchase balance and must\nbe paid each month. Payments required in connection with a special promotional purchase with a unique payment calculation, such as a Table Top/Jewelry Plan\npurchase, will not be increased, but may be included in the $29 or $40 minimum amount otherwise due on your account.\nWe round up to the next highest whole dollar in figuring your total minimum payment. Your total minimum payment will never be more than your new balance.\nBelk Rewards Flex Pay Plan Payment. For accounts with the Belk Rewards Flex Pay Plan, each month, instead of making the minimum payment as determined above\non your Belk Rewards Flex Pay Plan balance (which includes any applicable late payment fees), you may elect to make a Belk Rewards Flex Pay Plan Payment which\nwill initially be the greater of $75 or 1/3 of the initial Belk Rewards Flex Pay Plan balance, rounded to the next highest dollar, unless and until additional purchases are\ncharged on the Belk Rewards Flex Pay Plan. After any new purchases are made on the Belk Rewards Flex Pay Plan, each Belk Rewards Flex Pay Plan Payment will be\nthe greater of $75 or 1/3 of the new Belk Rewards Flex Pay Plan balance after such new purchases are added, rounded to the next highest dollar. In each case, any past\ndue amounts on the Belk Rewards Flex Pay Plan balance will be added to the Belk Rewards Flex Pay Plan Payment. However, the Belk Rewards Flex Pay Plan Payment\nis the Belk Rewards Flex Pay Plan balance if such balance is less than $75.\n\nSECTION III: STANDARD PROVISIONS\nBELK REWARDS CARD ACCOUNT AGREEMENT\nABOUT THE CREDIT CARD ACCOUNT AGREEMENT\nThis Agreement. This is an Agreement between you and Synchrony Bank, 170 Election Road, Suite 125, Draper, UT 84020, for your credit card account shown\nabove. By opening or using your account, you agree to the terms of the entire Agreement. The entire Agreement includes the four sections of this document and the\napplication you submitted to us in connection with the account. These documents replace any other agreement relating to your account that you or we made earlier\nor at the same time.\nParties To This Agreement. This Agreement applies to each accountholder approved on the account and each of you is responsible for paying the full amount\ndue, no matter which one uses the account. We may treat each of you as one accountholder and may refer to each of you as \xe2\x80\x9cyou\xe2\x80\x9d or \xe2\x80\x9cyour.\xe2\x80\x9d Synchrony Bank may\nbe referred to as \xe2\x80\x9cwe,\xe2\x80\x9d \xe2\x80\x9cus\xe2\x80\x9d or \xe2\x80\x9cour.\xe2\x80\x9d\nChanges To This Agreement. We may change, add or delete terms of this Agreement, including interest rates, fees and charges.\nSpecial Promotions. The terms of this Agreement apply to any special promotion. However, any special promotional terms that are different than the terms in this\nAgreement will be explained on promotional advertising or other disclosures provided to you.\n2\n\n\x0cHOW TO USE YOUR ACCOUNT/CARD\nUse Of Your Account. You may use your account only for lawful, family or household purposes. You may use your account for purchases from Belk locations,\nincluding on belk.com.\nThere are two types of plan (\xe2\x80\x9cPlans\xe2\x80\x9d) balances that may appear on your account: regular plan balances (which may include Special Payment Plan purchases) and\nBelk Rewards Flex Pay Plan balances, if the Belk Rewards Flex Pay Plan is added to your account. When the Belk Rewards Flex Pay Plan is added to your account,\nany future non-promotional purchases made on your account will automatically be included in the Belk Rewards Flex Pay Plan. Any purchases made prior to the Belk\nRewards Flex Pay Plan being added to your account will remain in the regular plan balance until paid off. Each month you may elect to pay the Belk Rewards Flex\nPay Plan Payment or the Belk Rewards Flex Pay Plan balance or the minimum payment otherwise required. The way we calculate the minimum payment and interest\ncharges is different for each of these Plans. The other terms and conditions in this Agreement will apply to both Plans.\nThe Table Top Special Payment Plan and Fine Jewelry Special Payment Plan (together the \xe2\x80\x9cTable Top/Jewelry Plans\xe2\x80\x9d) are two Special Payment Plans that you may\nrequest be added to your account for Qualifying Purchases as defined herein. Currently, an eligible purchase for the Table Top Special Payment Plan is an initial\nminimum purchase of at least $300.00 of guild products (such as china, crystal, silver or table linens) and any subsequent Table Top purchase of $25.00 or more.\nAn eligible purchase for the Fine Jewelry Special Payment Plan is an initial minimum purchase of $500.00 of fine jewelry and any subsequent fine jewelry purchase of\n$150.00 or more. Table Top/Jewelry Plans are available for in-store purchases only. All eligible purchases placed on the Table Top/Jewelry Plans at your request are\nreferred to in this Agreement as \xe2\x80\x9cQualifying Purchases.\xe2\x80\x9d Although Qualifying Purchases under the Table Top/Jewelry Plans are included in your regular balance, the\nway we calculate the minimum payment and interest charges is different. The other terms and conditions in this Agreement will apply to the Table Top/Jewelry Plans.\nYou Promise To Pay. You promise to pay us for all amounts owed to us under this Agreement.\nYour Responsibility. Each accountholder will receive a card. You may not allow anyone else to use your account. If you do, or if you ask us to send a card to\nsomeone else, you will be responsible for paying for all charges resulting from their transactions.\nPurchase Limits. To prevent fraud, we may limit the number or dollar amount of purchases you can make in any particular amount of time. We also may decline any\nparticular charge on your account for any reason.\nCredit Limit. You will be assigned a credit limit that we may increase or decrease from time to time. If we approve a purchase that makes you go over your credit\nlimit, we do not give up any rights under this Agreement and we do not treat it as an increase in your credit limit.\n\nHOW AND WHEN TO MAKE PAYMENTS\nWhen Payments Are Due. You must pay at least the total minimum payment due on your account by 5 p.m. (ET) on the due date of each billing cycle. Payments\nreceived after 5 p.m. (ET) will be credited as of the next day. You may at any time pay, in whole or in part, the total unpaid balance without any additional charge for\nprepayment. If you have a balance subject to interest, earlier payment may reduce the amount of interest you will pay. We may delay making credit available on your\naccount in the amount of your payment even though we will credit your payment when we receive it.\nPayment Options. You can pay by mail, online or at a Belk store. We may allow you to make payments over the phone but we will charge you a fee to make\nexpedited phone payments. Your payment must be made in U.S. dollars by physical or electronic check, money order or a similar instrument from a bank located in\nthe United States.\nHow To Make A Payment. You must follow the instructions for making payments provided on your billing statement. If you do not, credit of your payment may be\ndelayed up to five days. Your billing statement also explains how information on your check is used.\nPayment Allocation. We will apply the required total minimum payment to balances on your account using any method we choose. Any payment you make in\nexcess of the required total minimum payment will be applied to higher APR balances before lower APR balances. Applicable law may require or permit us to apply\nexcess payments in a different manner in certain situations, such as when your account has a certain type of special promotion.\n\nINFORMATION ABOUT YOU\nUsing and Sharing Your Information. When you applied for an account, you gave us and Belk, Inc. information about yourself that we could share with each other.\nBelk, Inc. will use the information in connection with the credit program and for things like creating and updating its records and offering you special benefits. More\ninformation about how we use and share information is set forth in the privacy policy for your account.\nAddress/Phone Change. You represent that any phone number that you provide to us belongs to you and/or that you are authorized to provide that number. You\nalso agree to tell us right away if you change your address or any phone number.\nConsent To Communications. You consent to us, as well as any other owner or servicer of your account, contacting you through any channel of communication\nand for any purpose, as permitted by applicable law. For informational, servicing, fraud, or collection related communications, you agree that we may use the phone\nnumbers that you provide to us to contact your cellular phone or wireless device with text messages, artificial or prerecorded voice calls, and calls made by an\nautomatic telephone dialing system. Text frequency may vary and may be recurring. This consent applies even if you are charged for the call under your plan. You are\nresponsible for any charges that may be billed to you by your communications carrier when we contact you. Message and data rates may vary. We and any carrier\nare not liable for delayed or undelivered messages. If you have questions, please call the number on the back of your card.\nTelephone Monitoring. For quality control, you allow us to listen to and/or record telephone calls between you and us.\n\nIMPORTANT INFORMATION ABOUT YOUR ACCOUNT\nClosing Your Account. You may close your account at any time by sending a letter to the address shown on your billing statement or calling customer service. We\nmay close your account at any time, for any reason. If your account is closed, you must stop using it. You must still pay the full amount you owe and this Agreement\nwill remain in effect until you do.\nCollection Costs. If we ask an attorney who is not our salaried employee to collect your account, we may charge you our collection costs. These include court\ncosts and reasonable attorneys\xe2\x80\x99 fees.\nCredit Bureau Reporting. We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your\naccount may be shown in your credit report. Tell us if you think we reported wrong information about you to a credit bureau. Write to us at P.O. Box 965028,\nOrlando, FL 32896-5028. Tell us what information is wrong and why you think it is wrong. If you have a copy of the credit report that includes the wrong information,\nsend us a copy.\nDefault. You are in default if you make a late payment, do not follow any other term of this Agreement or become bankrupt or insolvent. If you default or upon your\ndeath, we may (a) request payment of the full amount due right away, (b) take legal action to collect the amounts owed, and/or (c) take any other action allowed.\nDisputed Amounts. The billing rights summary in section IV of this Agreement describes what to do if you think there is a mistake on your bill. If you\nsend us correspondence about a disputed amount or payment, you must send it to the address for billing inquiries. We do not give up any rights under\nthis Agreement if we accept a payment marked \xe2\x80\x9cpayment in full\xe2\x80\x9d or given with any other conditions or limitations.\n3\n\n\x0cUnauthorized Use. If your card is lost, stolen or used without your consent, call us immediately at 1-800-669-6550. You will not be liable for unauthorized use on\nyour account, but you will be responsible for all use by anyone you give your card to or allow to use your account.\n\nIMPORTANT INFORMATION ABOUT THIS AGREEMENT\nAssignment. We may sell, assign or transfer any or all of our rights or duties under this Agreement or your account, including our rights to payments. We do not have\nto give you prior notice of such action. You may not sell, assign or transfer any of your rights or duties under this Agreement or your account.\nEnforceability. If any part of this Agreement is found to be void or unenforceable, all other parts of this Agreement will still apply.\nGoverning Law. Except as provided in the Resolving a Dispute with Arbitration section, this Agreement and your account are governed by federal law and, to the\nextent state law applies, the laws of Utah without regard to its conflicts of law principles. This Agreement has been accepted by us in Utah.\nWaiver. We may give up some of our rights under this Agreement. If we give up any of our rights in one situation, we do not give up the same right in\nanother situation.\n\nRESOLVING A DISPUTE WITH ARBITRATION\nPLEASE READ THIS SECTION CAREFULLY. IF YOU DO NOT REJECT IT, THIS SECTION WILL APPLY TO YOUR ACCOUNT, AND MOST DISPUTES\nBETWEEN YOU AND US WILL BE SUBJECT TO INDIVIDUAL ARBITRATION. THIS MEANS THAT: (1) NEITHER A COURT NOR A JURY WILL RESOLVE\nANY SUCH DISPUTE; (2) YOU WILL NOT BE ABLE TO PARTICIPATE IN A CLASS ACTION OR SIMILAR PROCEEDING; (3) LESS INFORMATION\nWILL BE AVAILABLE; AND (4) APPEAL RIGHTS WILL BE LIMITED.\n1. C\n\x07 LAIMS AND PARTIES. If either you or we make a demand for arbitration, you and we must arbitrate any dispute or claim between you (including any other\nuser of your account), and us (including our parents, affiliates, agents, employees, officers, and assignees) that directly or indirectly arises from or relates to\nyour account, your account Agreement or our relationship, except as noted below. In addition, Belk, Inc. and/or any assignee, agent, or service provider of\nours that collects amounts due on your account are intended beneficiaries of this Arbitration section and may enforce it in full (notwithstanding any state law\nto the contrary).\n2. T\n\x07 his Arbitration section broadly covers claims based upon contract, tort, consumer rights, fraud and other intentional torts, negligence, constitution, statute,\nregulation, ordinance, common law and equity and claims for money damages and injunctive or declaratory relief, even if they arose before this section took\neffect. You may not sell, assign or transfer a claim.\n3. E\n\x07 xamples of claims subject to arbitration are disputes about an account transaction, fees, charges or interest, the events leading up to the Agreement (such\nas any disclosures, advertisements, promotions or oral or written statements, warranties or representations made by us), an application for or denial of credit,\nany product or service provided by us or third parties in connection with the Agreement, credit reporting, benefit programs related to your account including\nany reward program, the collection of amounts due by our assignees, service providers, or agents and the manner of collection.\n4. H\n\x07 owever, we will not require you to arbitrate any individual case in small claims court or your state\xe2\x80\x99s equivalent court, so long as it remains an individual case in\nthat court. Also, even if all parties have opted to litigate a claim in court, you or we may elect arbitration with respect to any claim made by a new party or any\nclaim later asserted by a party in any related or unrelated lawsuit, including modifying an individual claim to assert a class, representative or multi-party claim.\nArbitration may be requested at any time, even where there is a pending lawsuit, unless a trial has begun, or a final judgment entered.\n5. O\n\x07 nly a court will decide disputes about the validity, enforceability, coverage or scope of this Arbitration section or any part thereof. However, any dispute that\nconcerns the validity or enforceability of the Agreement as a whole is for the arbitrator to decide.\n6. N\n\x07 O CLASS ACTIONS. IF EITHER YOU OR WE ELECT TO ARBITRATE A CLAIM, NEITHER YOU NOR WE WILL HAVE THE RIGHT (A) TO PARTICIPATE\nIN A CLASS ACTION, PRIVATE ATTORNEY GENERAL ACTION OR OTHER REPRESENTATIVE ACTION IN COURT OR IN ARBITRATION, EITHER AS\nA CLASS REPRESENTATIVE OR CLASS MEMBER, OR (B) TO JOIN OR CONSOLIDATE CLAIMS WITH CLAIMS OF ANY OTHER PERSONS EXCEPT\nACCOUNTHOLDERS ON YOUR ACCOUNT. THUS, YOU MAY NOT BRING CLAIMS AGAINST US ON BEHALF OF ANY ACCOUNTHOLDER WHO IS NOT\nAN ACCOUNTHOLDER ON YOUR ACCOUNT, AND YOU AGREE THAT ONLY ACCOUNTHOLDERS ON YOUR ACCOUNT MAY BE JOINED IN A SINGLE\nARBITRATION WITH ANY CLAIM YOU HAVE.\n7.\n\n\x07PROCEDURES. The party who wants to arbitrate must notify the other party in writing. This notice can be given after the beginning of a lawsuit or in\npapers filed in the lawsuit. Otherwise, your notice must be sent to Synchrony Bank, Legal Operation, P.O. Box 29110, Shawnee Mission, KS 66201-5320,\nATTN: ARBITRATION DEMAND. The party seeking arbitration must select either the American Arbitration Association (AAA), 120 Broadway, Floor 21,\nNew York, NY 10271, www.adr.org, or JAMS, 620 Eighth Avenue, 34th Floor, New York, NY 10018, www.jamsadr.com, to administer the arbitration. If neither\nadministrator can handle the dispute, a court with jurisdiction will appoint an arbitrator.\n\n8. T\n\x07 he arbitration administrator will appoint the arbitrator and will tell the parties what to do next. The arbitrator must be a lawyer with at least ten years of legal\nexperience. The arbitrator must apply the same law, consistent with the Federal Arbitration Act (FAA), that would apply to an individual action in court, but\nmay use different procedural rules. The arbitrator will apply the same statutes of limitation and privileges that a court would apply if the matter were pending\nin court.\n9. T\n\x07 he arbitrator may award any damages or other relief or remedies that would apply under applicable law to an individual action brought in court, including,\nwithout limitation, punitive damages (governed by the Constitutional standards employed by the courts) and injunctive, equitable and declaratory relief (but\nonly in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party\xe2\x80\x99s individual claim). The parties\nwill bear the fees and costs of their attorneys, witnesses and experts. However, the arbitrator will have the authority to award fees and costs of attorneys,\nwitnesses and experts to the extent permitted by the Agreement, the administrator\xe2\x80\x99s rules or applicable law.\n10. T\n\x07 he arbitration will take place by phone or at a location reasonably convenient to you. If you ask, we will pay all the fees the administrator or arbitrator charges\nif you cannot obtain a waiver of fees from the administrator and are acting in good faith. We will always pay arbitration costs required by the administrator\xe2\x80\x99s\nrules or that are necessary for this Arbitration section to be enforced.\n11. \x07GOVERNING LAW. This Arbitration section is governed by the FAA. Utah law shall apply to the extent state law is relevant under the FAA, unless otherwise\nstated herein. The arbitrator\xe2\x80\x99s award will be final and binding, except for any appeal right under the FAA. Any court with jurisdiction may enter judgment upon\nthe arbitrator\xe2\x80\x99s award. The arbitration award and any judgment confirming it will apply only to the specific case and cannot be used in any other case except\nto enforce the award.\n12. \x07SURVIVAL. This Arbitration section shall survive the repayment of all amounts owed, the termination, cancellation or suspension of the Agreement or your\naccount or credit privileges, any legal proceeding, and any bankruptcy by you, to the extent consistent with applicable bankruptcy law. If this Arbitration\nsection conflicts with the applicable arbitration rules or the other provisions of the Agreement, this Arbitration section shall govern.\n13. \x07SEVERABILITY. If any portion of this Arbitration section is held to be invalid or unenforceable, the remaining portions shall nevertheless remain in force with\nthe following two exceptions. First, if a determination is made that the \xe2\x80\x9cNo Class Actions\xe2\x80\x9d provision is unenforceable, and that determination is not reversed on\nappeal, then this Arbitration section shall be void in its entirety. Second, if a court determines that a public injunctive relief claim may proceed notwithstanding\nthe \xe2\x80\x9cNo Class Actions\xe2\x80\x9d provision, and that determination is not reversed on appeal, then the public injunctive relief claim will be decided by a court, and any\nindividual claims will be arbitrated. The parties will ask the court to stay the public injunctive relief claim until the other claims have been finally concluded.\n4\n\n\x0c14. H\n\x07 OW TO REJECT ARBITRATION. You may reject this Arbitration section. If you do that, a court will resolve any dispute or claim. To reject this section,\nsend us a notice within 45 days after you open your account or we first provided you with your right to reject this section. The notice must include your name,\naddress, account number, and personal signature, and must be mailed to Synchrony Bank, P.O. Box 965012, Orlando, FL 32896-5012. This is the only way\nyou can reject this section. Rejecting this Arbitration section will not affect any other provision of the Agreement. It will also not affect any prior arbitration\nagreement or dispute resolution provision between you and us, which will remain in full force and effect. If you don\xe2\x80\x99t reject this Arbitration section, it will be\neffective as of the date of the Agreement and will supersede any prior arbitration agreement between you and us that would otherwise be applicable.\n\nSECTION IV: OTHER IMPORTANT INFORMATION\nBELK REWARDS CARD ACCOUNT AGREEMENT\nThis section of the agreement includes state notices, billing rights summary and rewards terms (if applicable) and is not required to be provided as part of the credit card\nagreement posted online or provided to the CFPB.\n\n5\n\nFR833282333 BELK REWARDS CARD\nPLCC T&C PDF WF2122253E\n12/2020\n\n\x0c'