ACCOUNT OPENING DISCLOSURES 

Interest Rates and Interest Charges 

Annual Percentage Rate (APR) 
for Purchases 

29.99% 
This APR will vary with the market based on the Prime Rate. 

APR for Cash Advances 

29.99% 
This APR will vary with the market based on the Prime Rate. 

Paying Interest 

Your  Payment  Due  Date  is  at  least  25  days  after  the  close  of 
each  Billing  Cycle.    W e  will  not  charge  you  any  interest  on 
purchases if you pay your entire Account balance by the Payment 
Due  Date  each  month. We  will  begin  charging  interest  on  cash 
advances on the transaction date. 

Minimum Interest Charge 

None 

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 

To  learn  more  about  factors  to  consider  when  applying  for  or 
using  a  credit  card,  visit  the  website  of  the  Consumer Financial 
at 
Protection 
http://www.consumerfinance.gov/learnmore. 

Bureau 

Fees 

Set up and Maintenance Fees 

NOTICE:  Some  of  these  set-up  and  maintenance  fees  will  be 
assessed before  you  begin  using  your  Card  and  will  reduce  the 
amount  of  credit  you  initially  have  available.    Based  on  your 
Credit  Limit of  $500,  your  initial  available credit  will be  $375 (or 
$345 if you choose to have an additional Card). 

You may still reject this plan, provided that you have not yet used 
the Card or paid a fee after receiving a Monthly Billing Statement. 
If  you do reject the plan,  you are not responsible for any Fees or 
Other Charges. 

•     Annual Fee 

$125 for the first year After that, $96 annually 

•     Monthly Maintenance Fee 

$120 annually (billed at $10 per month)  
Monthly Maintenance Fee  not  billed for  the  first  12 months  your 
Account is opened 

•     Additional Card Fee 

  $30 (one time, if applicable, for authorized users) 

Transaction Fees 

Transaction  fees  are  not  billed  for  the  first  12  months  your 
Account is open. 

•     Cash Advance 

Either $5.00 or 5% of the amount of each cash advance, 
whichever is greater. 

•     Foreign Transaction 

3% of each transaction in U.S. dollars. 

Penalty Fees 

•     Late Payment 

•     Returned Payment 

Up to $38 

Up to $38 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
How  We  Will  Calculate  Your  Balance:  We  use  a  method  called  "average  daily  balance 
(including new purchases).” See INTEREST CHARGES below for more details. 

Billing  Rights:  Information  on  your  rights  to  dispute  transactions  and  how  to  exercise  those 
rights is provided in your Cardholder Agreement and Deposit Account Contract. 

11/1/2017

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INTEREST CHARGES: 

CHARGES AND FEES 

Periodic Rates. 
INTEREST  CHARGES  for  purchases  and  cash  advances  are  calculated  at  a  monthly  periodic 
rate of 2.4992%, which is equivalent to an ANNUAL PERCENTAGE RATE (“APR”) of 29.99%. 

Variable Rate. 
The  APR  may  increase  or  decrease  on  the  first  day  of  the  subsequent  monthly  Billing  Cycle 
based on  changes in  the  prime rate  (“Index”).   The  APR  is  calculated by  adding  the  amount of 
margin  stated  below  to  the  Index.   The  Index  is  the  prime  rate  published  in  the  Money  Rates 
section of The Wall Street Journal on the 25th  day of each month.  If the Index is not published on 
that day, the Index on the next business day will be used. Any increase in the APR may increase 
the amount of interest charged to your Account and the total amount you must pay, and may take 
the form of  an increase in the monthly Minimum Payment.  If the Index is no longer available, we 
will choose a new index that is based upon comparable information.   The APR for purchases and 
cash advances will be determined by adding a margin of 25.74% to the Index. 

INTEREST CHARGES are imposed on purchases beginning on the date a purchase is posted to 
your Account.   However, INTEREST CHARGES will  not be imposed on purchases made in  any 
Billing Cycle in  which the previous balance shown on your Monthly Billing Statement is  zero and 
you  pay  your  new  balance  in  full  by  the  Payment  Due  Date  shown  on  your  Monthly  Billing 
Statement.  INTEREST CHARGES are imposed on cash advances beginning on the date a cash 
advance is  obtained and continuing until the balance of  your Account is  paid  in  full. There is  no 
time in which you can pay the balance of cash advances in order to completely avoid INTEREST 
CHARGES. 

INTEREST  CHARGES  for  a  Billing  Cycle  are  calculated  separately  for  purchases  and  cash 
advances.   There  is  no  minimum  INTEREST  CHARGE.  The  INTEREST  CHARGE  calculation 
begins on the date the transaction is posted to your Account. 

For purchases, the INTEREST CHARGE is computed by multiplying the monthly periodic rate by 
the average daily balance of  purchases.   To determine the average daily balance of  purchases, 
we take the beginning outstanding balance of purchases each day, add any new purchases, and 
subtract any payments and/or credits.   This gives us the daily balance of purchases.   (Any  daily 
balance that  is  a  credit balance is  treated as  zero ($0.00) balance.)   Then,  we  add  all the daily 
balances of  purchases for the Billing Cycle together and divide the total by the number of days in 
the Billing Cycle. This gives us the average daily balance of purchases. 
For  cash  advances,  the  INTEREST  CHARGE  is  computed  by  multiplying  the  monthly  periodic 
rate by the average daily balance of  cash advances.   To  get the average daily balance of  cash 
advances,  we  take  the  beginning  outstanding  balance  of  cash  advances  each  day,  add  in  any 
new cash advances, and subtract any payments and/or credits that we apply to the cash advance 
balance. This  gives  us  the  daily balance of  cash  advances.   (Any daily balance  that  is  a  credit 
balance is treated as zero ($0.00) balance.)   Then, we add all the daily balances of cash advances 
for the Billing Cycle together and divide the total by the number of days in the Billing Cycle. This 
gives us the average daily balance of cash advances. 

FEES AND OTHER CHARGES: 

Your Account is subject to the following Fees and Other Charges, each of which may be charged 
to your Account: 

Cash Advance Fee. In addition to the INTEREST CHARGE on cash advances, there is a fee of 
5%  or  $5.00,  whichever  is  greater,  for  each  cash  advance  posted  to  your  Account  that  month 
(“Cash  Advance  Fee”).    NO  CASH  ADVANCES  ARE  PERMITTED  DURING  THE  FIRST  95 
DAYS AN ACCOUNT IS OPEN.  Cash Advance Fees will not be assessed during the first twelve 
(12) months after your Account is open. 

Additional Card Fee. Your Account will be assessed a one-time additional card fee of $30.00 for 
each authorized user you add to your Account. 

3 

 
 
 
 
 
 
 
 
 
 
 
Foreign  Currency  Transaction  Fee.      Your  Account  will  be  assessed  a  foreign  currency 
transaction  fee  equal  to  3%  of  any  transaction made  in  a  foreign  currency that  is  converted  to 
U.S.  Dollars.   This  fee  will  not  be  assessed to  foreign transactions made in  the  first  12 months 
your Account is open. 

Annual  Fee.   Your  Account  will  be  assessed an  Annual Fee  of  $125.00  (“Annual Fee”)  for  the 
first year and $96.00 each subsequent year. The Annual Fee will be billed to  your Account once 
the Account is opened, and on  or about  your anniversary date each  year.   Your payment of  the 
Annual Fee does not  affect our  right to  close  your Account or  our  ability to  limit transactions on 
your Account. 

Annual Fee Renewal Refund Disclosure.  We will refund the Annual Fee charged to your Account 
if you notify us, within 30 days from the date of the Monthly Billing Statement on which it appears, 
that you wish to close your Account. 

Monthly Maintenance Fee.   Your  Account  will  be  assessed a  monthly maintenance fee,  which 
will  be  billed  at  $10.00  per  month  to  your  Account  (“Monthly  Maintenance  Fee”) at the end of 
each Billing Cycle.  The  Monthly Maintenance Fee  will  not  be  billed  in  the  first  12  months  your 
Account is open.  Your payment of the Monthly Maintenance Fee does not affect our right to close 
your Account or our ability to limit transactions on your Account. 

Late  Payment  Fee.   If  we  do  not  receive  a  payment  from  you  in  at  least  the  amount  of  the 
minimum payment due (“Minimum Payment”) by the  Payment Due Date shown on  your Monthly 
Billing  Statement,  you  will  be  charged  a  Late  Payment  Fee  equal  to  the  lesser  of  $27  or  your 
Minimum  Payment  (“Late  Payment  Fee”)  in  accordance  with  law.  If  you  fail  to  make  a  timely 
payment in any of the six (6) Billing Cycles after the initial late payment, you will be charged $38 
or  the  amount of  the  required Minimum Payment,  whichever is  less. We may refer to this fee as 
the “Late Fee” or “Late Charge”. 

Returned  Payment  Fee.     If  you  make  a  payment  on  your  Account  and  your  check  or  other 
payment instrument (including an electronic funds transfer or a telephone authorized draft) is not 
honored for any reason or cannot be processed, we will charge a Returned Payment Fee equal to 
the lesser of $27 or  your Minimum Payment (“Returned Payment Fee”).   In the event a payment 
is  returned  in  any  of  the  six  (6)  Billing  Cycles  after  the  initial  returned  payment,  you  will  be 
charged  $38  or  the  amount  of  the  required  Minimum  Payment,  whichever  is  less. The charge 
may be imposed even if  we elect to re-present the item and it is paid upon our re- presentment.  
We will not charge both a Late Payment Fee and a Returned Payment Fee based upon a single 
payment. 

OTHER IMPORTANT DISCLOSURES: 

Security Deposit  (if  applicable). W e may require  a  collateral  deposit  in  the  form  of  a  security 
deposit, up to the full amount of the Credit Limit to be paid in full before the Account is opened to 
secure your obligations under this Agreement and to offset the risk  associated with the  Account.  
You understand and agree that  if we require a security  deposit,  we may use any or all 
amounts  of  the  deposit  to  pay  amounts  you  owe  under  this  Agreement  if  you  are  in 
default  or  you  or  we  close  or  cancel  your  Account.   Refer to the “Terms and Conditions of 
Your  Deposit  Account”  and  “Truth  in  Savings  Disclosure  –  Deposit  Account”  section  of  this 
Agreement for more information. 

Available Credit Limits. Once the entire security deposit, if applicable, is paid in full, your Account 
will be opened and you will have access to your initial available credit.  Funds received in connection 
with a security deposit may be held up to 10 days before an Account is opened. 

Cash Back Rewards Program.  Your Account may provide you with cash back rewards.  If it does, see 
the separate Cash Back Rewards Agreement provided to you for terms and conditions of the rewards 
program.  If your Account includes a cash back rewards feature, the Cash Back Rewards Agreement is 
incorporated into this Agreement by reference, and any and all disputes related to the Cash Back Rewards 
Agreement are subject to the arbitration provision contained herein. 

4 

 
 
 
 
 
 
 
 
 
 
 
CELTIC BANK CARDHOLDER AGREEMENT AND DEPOSIT ACCOUNT 
CONTRACT 

YOUR AGREEMENT WITH US 

General Terms. This Agreement covers the terms and conditions of the Card Account (“Account”). 
Celtic Bank is  the  Card  issuer  and  assigns its rights for servicing and other rights to Continental 
Finance Company (“Continental Finance”) after Card issuance. 
You agree to be bound by the following terms and conditions, which shall constitute an agreement 
between  you  and  us.   Furthermore,  by  accepting  and  using  the  Card,  or  paying  any  INTEREST 
CHARGES, Fees, or Other Charges, whichever comes first, you expressly agree to be bound by 
the provisions of this Agreement and the rates and charges for use of the Card, including as set 
forth  under  the  “Charges  and  Fees”  provisions,  which  are  hereby  expressly  incorporated  by 
reference into this Agreement. 
In this Agreement, “we”, “us”, and “our” refer to Celtic Bank as the issuer of the Card and Continental 
Finance  as  servicer.  “Agreement” means  this  Celtic  Bank  Cardholder  Agreement  and  Deposit 
Account Contract.   The words "you" and "your" mean the person who applied for the Account and 
each person  to  whom  we  issue  a  Card  at  the  applicant’s  request  or  who  uses  a  Card  with 
the applicant’s consent (“Additional Card or Authorized User”).  The word “Card” means your credit 
card. 
Please read this Agreement carefully and save it for future reference. It contains important state 
and federal disclosures, including Regulation Z disclosures and disclosures regarding your rights 
in  case  of  errors  or  inquiries  about  your  bill  and  important  provisions relating  to  arbitration and 
litigation. 

Applicable  Law.  This  Agreement  and  your  Account,  and  any  claim,  dispute  or  controversy 
(whether in  contract, tort,  or  otherwise) at  any  time arising from  or  related to  your  Account, this 
Agreement  or  any  transferred  balances,  are  governed  by  and  construed  in  accordance  with 
applicable federal law and, to the extent not preempted by federal law, by the laws of Utah (without 
applying  its  choice-of-law  rules). The formation, legality, enforceability, and interpretation of this 
Agreement, and any amounts contracted for, charged and received under this Agreement, will be 
governed by such laws. This Agreement is entered into between you and us in  Utah, regardless 
of  the  state  of  your  residence  or  whether  or  not  your  Account  or  Card  is  used  in  Utah.    Our 
decisions regarding the  extension of  credit  to  you  are  made  in  the  State  of  Utah.   Federal and 
Utah law will also apply to any controversy, claim, or dispute arising from or relating in any way to 
the  subject  matter  of  this  Agreement  and  your  Account,  including,  without  limitation,  statutory, 
equitable, and tort claims. 

Federal law provides important protections to members of the Armed Forces and their dependents 
relating to extensions of consumer credit. In general, the cost of consumer credit to a member of 
the  Armed  Forces  and  his  or  her  dependent  may  not  exceed  an  annual  percentage  rate  of  36 
percent.  This  rate  must  include,  as  applicable  to  the  credit  transaction  or  account:  The  costs 
associated with credit insurance premiums; fees for ancillary products sold in connection with the 
credit  transaction;  any  application  fee  charged  (other  than  certain  application  fees  for  specified 
credit transactions or accounts); and any participation fee charged (other than certain participation 
fees for a credit card account).  To be provided with an oral disclosure of this information, please 
call toll-free 1-866-449-4514. 

Effective Date: This Agreement is effective upon the earlier of your acceptance and use of the Card 
to make a purchase or to receive a cash advance, or your payment of INTEREST CHARGES, Fees 
or Other Charges. You may reject this Card, provided that you have not yet used the Card or paid 
INTEREST CHARGES, Fees, or Other Charges after receiving a Monthly Billing Statement.  If you 
reject  the  Card,  you  are  not  responsible  for  any  INTEREST  CHARGES,  Fees  or  Other 
Charges.  Notwithstanding anything to the contrary in this Agreement, if you are a resident of the 
State of New York, this Agreement is effective upon your acceptance and use of the Card. 

Changes in  Agreement Terms. We can change any term  of  this Agreement, including the rate 
at  which  or  manner  in  which  INTEREST  CHARGES,  Fees, and Other Charges  are  calculated, 
in  our  sole discretion, upon such notice to  you as is  required by law. At our option, any change 
will  apply both to your new activity and to  your outstanding balance when the change is effective 
as permitted by law. 

5 

 
 
 
 
 
 
 
Binding Effect.  This Agreement is binding upon and enforceable against your heirs, legal 
representatives, and successors. 

Severability.  If   any  provision  of   this   Agreement,  including  any  portion  of   the   Arbitration 
Provisions set  forth  below,  is  determined to  be  invalid  or  unenforceable under  any  rule,  law,  or 
regulation,  the  validity  or  enforceability  of  any  other  provision  of  this  Agreement  shall  not  be 
affected, and in lieu of such invalid or unenforceable provision there shall be added automatically, 
as  part  of  this  Agreement,  a  provision  as  similar  in  terms  as  may  be  valid  and  enforceable,  if 
possible.  Notwithstanding the  foregoing,  if  a  class  action  litigation  or  a  class-wide  arbitration  is 
permitted  for  any  reason,  either  party  may  require  that  the  entire  Dispute,  as  defined  in  the 
Arbitration  Provision  below,  be  heard  by  a  judge,  sitting  without  a  jury,  under  applicable  court 
rules and procedures. 

Entire  Agreement.   This  Agreement,  together  with  your  Application,  constitutes  the  final  and 
complete  credit  agreement  between  you  and  us  relating  to  your  Account  and  supersedes  and 
may  not  be  contradicted by  evidence  of  any  prior,  contemporaneous, or  subsequent oral  credit 
agreement between you and us relating to your Account. 

USING YOUR CARD 

Sign  Your  Card.  To  avoid  unauthorized  use  of  your  Card,  please  sign  the  back  of  your  Card 
immediately. 

General Use. You may use your Card and your Account to make purchases if your Account is in 
good standing and you have available credit.  Your Card and Account may be used only for valid 
and  lawful  purposes.  If  you  or  an  Authorized  User  uses  your  Card  and  Account  for  any  other 
purpose, you will be responsible for the use and may be required to reimburse us for all amounts 
or expenses we pay as a result of the use. No cash advances are permitted during the first ninety 
five (95) days  an Account is open. After ninety five (95) days have elapsed from Account open 
date,  you may obtain cash  advances (See Cash Advance Fee  section).   You  may  not  use  the 
Card  or  your  Account  for  any  illegal  transaction  or  any  gambling  transaction. We  will  decline 
identifiable gambling transactions.   We may impose restrictions on  your Account at any time as 
determined to be necessary by us in connection with our  efforts  to  detect  fraud  or  unauthorized 
use,  including  restrictions  on  (a)  the  number  of transactions allowed  per  day;  (b)  the  dollar 
amount of  transactions approved; (c)  your ability to obtain cash advances; and (d)  your ability to 
use your Card at an automated teller machine (“ATM”). 

If  you  give  your  Account  number  to  make  a  purchase  or  obtain  a  cash  advance  without 
presenting your Card (such as for a mail order, telephone, or Internet purchase), the legal effect 
will be the same as if the Card was present. 

You  may  also  use  your  Card  and  a  personal  identification  number  (“PIN”)  to  obtain  cash 
advances  at  an  ATM,  if  we,  at  our  option,  issue  you  a  PIN.  ATM  transactions  are  treated  the 
same as  cash  advances. We may restrict  your  access to  any ATM  at  any time.  You should not 
keep your PIN with your Card. If you believe that anyone has gained unauthorized access to your 
PIN,  you  should  advise  us  immediately by  following the  procedures  under  the  heading  “Lost  or 
Stolen Card.” 

Your Responsibility for  Authorized Users.  If  another person  is  given  access  to  your  Account 
and/or  Card  with  your  express  or  implied  permission,  notwithstanding the  provision  above,  that 
person is an Authorized User, even if we did not issue an additional Card in the Authorized User’s 
name.  At  your  request,  and  if  we  agree,  we  may  issue  an  additional  Card  in  the  name  of  an 
Authorized  User  with  your  Account  number.  You  will  be  responsible  for  all  charges,  cash 
advances, INTEREST CHARGES, purchases and Fees incurred by any Authorized User. W e are 
not  required  to  try  to  obtain  payment  from  any  Authorized  User  before  requiring  payment  from 
you. 

If  you  wish  to  remove  an  Authorized  User  from  your  Account  you  must  contact  us  either  by 
telephone or in writing. You will still be responsible for payment of all purchases, cash

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advances, INTEREST CHARGES and Fees incurred or obtained by the Authorized User. W e may close your 
existing Account and issue you a new Card and Account number.  

Lost or Stolen Card. If you notice the loss or theft of your Card or a possible unauthorized use of your Card, 
you should write to us immediately at:  Continental Finance, P.O. Box 3220, Buffalo, NY 14240-3220,  or 
call us  at  1-800-556-5678.   You  will not be  liable for  any unauthorized use that occurs after you notify us. 
You may, however, be liable for unauthorized use that occurs before your notice to us. In any case,  your 
liability will not exceed $50.   

Refusals  to  Honor  Card/Rejection of  Transactions. We  are  not  responsible  if  any financial institution, 
merchant, or other person refuses to honor your Card.  Except as otherwise required by law or regulations, 
we will not be responsible for merchandise or services purchased through your Card.  Also, we may reject 
any transaction for any reason. 

USING YOUR ACCOUNT 

Accessing Your Credit Line. You can use the Card and your Account to make purchases and obtain cash 
advances. Upon your request, you may be assigned a PIN. If a PIN is assigned to you,  you  may  obtain  a  
cash  advance, any time after ninety five (95) days after Account opening,   at  any  authorized  ATM  that  
bears  the   Mastercard® acceptance mark  by using  the  Card  and  PIN.   You  should keep  your  PIN  secure 
and  not  write  it down, give it to anyone or keep it  with your Card.  Contact us immediately if someone  has 
gained unauthorized access to your Card(s). 

Understanding Your Credit Limit. Your “Credit Limit” is the maximum amount of credit we have approved 
for your Account. The amount of your Credit Limit is disclosed in the “Account Opening Disclosures” section 
of  this  Agreement and  on  your  Monthly Billing  Statements. You  are responsible for  keeping track  of  your 
Account balance and your Credit Limit.  Your Account balance may not  exceed  your  Credit  Limit  at  any  
time.  Decisions  on  Credit  Limit  Increases  will  be  in accordance with federal law. We reserve the right 
to approve or deny authorizations or transactions from any merchant at our sole discretion. 

Network  Outages.   From  time  to  time,  due  to  circumstances beyond  our  control  (such  as  fires, floods, 
earthquakes and other natural disasters and unpredictable events), our services may be unavailable.  We 
will not be responsible or liable if this happens. 

UNDERSTANDING YOUR PAYMENTS 

Your Promise to Pay, Cut-Off Time, Form of Payments.  You promise to pay to us all amounts advanced 
to  you  as  a  purchase  or  a  cash  advance  (including  amounts advanced for  Authorized Users)  under  this 
Agreement, plus  all  INTEREST CHARGES and Fees  assessed on  those amounts and  all  other charges, 
costs, and Fees  which  are  applied to  your  Account.   All  payments must be made in  U.S.  dollars, and  all 
checks or other items tendered in payment must be drawn on United States financial institutions.  Payments 
must  be  made  to  Continental  Finance  at  the  address  shown  on  the  Monthly  Billing  Statement  (“Mail 
Payments To” address”) and must be received by Continental Finance no later than 5:00 p.m., prevailing 
Eastern Time on the date on which they are due.  Payments made at a branch or office of  Celtic Bank or 
Continental Finance prior to the close of  business at  the branch or office shall be considered received on 
the day the payment is made at such location. 

Payment  Due  Date.  The  Payment Due  Date  will  be  at  least  twenty-five (25)  days  after  the  Billing Cycle 
closing  date  (“Payment Due  Date”).  Payments will  be  credited  to  your  Account  as  of  the day of receipt if 
they are made in accordance with our instructions.   Your Payment Due Date will always be the same day 
each month.  If the Payment Due Date falls on a weekend, holiday or other day on which we do not receive 
payments, the  Minimum Payment Due  plus  any other payment must be  received  no  later  than  5:00  p.m. 
prevailing Eastern Time on the next business day we receive payments. 

Amount  of  Payment.  You  may  pay  any  or  all  of  the  amounts  you  owe  at  any  time  without penalty, 
but you must pay at least the Minimum Payment Due each month on or before the Payment Due Date. 

Minimum Payment Due: 
• 

If  the  New  Balance  shown  on  your  Monthly  Billing  Statement  is  less  than  or  equal  to$35.00, the 
Minimum Payment Due equals the New Balance. 

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• 

If  your New Balance exceeds $35.00, the Minimum Payment Due equals the greater of 4.00%  of 
the  New  Balance  or  $35.00,  plus  any  Late  Payment  Fee  assessed  in  the current Billing Cycle 
plus any past due amounts, not to exceed your Account balance. 

Applying of Payments. Payments in excess of the Minimum Payment Due are applied in accordance with 
law. 

Availability of Credit and Payment Holds. Generally, payments are credited to your Account on the day 
they are received.  Available credit created as a result of payments posted to your Account may not be 
available for up to seven (7) days, or longer if circumstances warrant an additional hold, or if we deem 
ourselves  at  risk  for  any  reason.  If  you  use  a  payment service provided by  a  third  party  to  deliver  your 
payment to us, that third party may charge you a fee  for  such  service;  such  third  party  fees  will  not  be 
billed  to  your  Account.  Credit  to  your Account  may  be  delayed  up  to  five  (5)  days  if  payment  is  (a) 
not 
Payment 
at 
Address   or   (b)   not   accompanied   by   the   payment   coupon   portion   of   your   Monthly   Billing 
Statement.   Delayed  crediting  may  result  in  Late  Fee  and  additional  INTEREST CHARGES  and  Fees 
being applied to your Card. 

received 

the 

Direct Debit. You may choose, subject to our approval, to make a payment by means of a direct debit or 
charge  to  any  deposit,  savings,  or  credit  account  of  yours  (“Payment  Account”).  By  requesting  that  we 
process  a  payment  by  direct  debit  or  charge  to  your  Payment  Account,  you  hereby  authorize  us,  at  our 
option, to debit your Payment Account by means of an electronic transaction or to submit a paper check or 
draft to your financial institution, consistent with your instructions. 

Electronic Check  Presentment. If  you  pay by  check,  you  are  authorizing us  to  use  information on  your 
check  to make a  one-time electronic debit from  your  account at  the  financial institution indicated on  your 
check. This electronic debit will be for the amount of your check; no additional amount will be added to the 
electronic  debit.    W e  will  process  your  payment  using  the  Automated  Clearing  House  (“ACH”)  system.  
Electronically processed and/or presented checks (and checks presented electronically) are not returned to 
you by your financial institution, bank or credit union. We will retain an image of your electronically processed 
check as required by law.  A copy of the check can also be retrieved by contacting your financial institution. 
Please  contact  the  Customer  Service  Department  at  the  telephone  number  on  your  Monthly  Billing 
Statement to learn about other payment options. 

Irregular Payments and Delay in Enforcement, Waivers and Releases. We may accept late payments, 
partial  payments,  checks,  and  money  orders  marked  “paid  in  full”  or  language  having  the  same  effect, 
without losing any of our rights or legal defenses. All written communications concerning disputed amounts, 
including a check or other payment instrument that (a) indicates that the payment constitutes “payment in 
full” or is otherwise tendered as full satisfaction of a disputed amount, or (b) is tendered with other conditions 
or limitations, must be marked or delivered to us at the address for billing inquiries shown on  your Monthly 
Billing Statement, not the payment address.   You waive presentment for payment, notice of non-payment, 
and  you agree to any extensions of time of payment and partial payment before, at, or after maturity. 

MONTHLY BILLING STATEMENTS, OTHER INFORMATION AND COMMUNICATION FROM US 

When We Send Monthly Billing Statements. W e will promptly send a Monthly Billing Statement at the end 
of each monthly Billing Cycle if your Account has a debit or credit balance greater than $1.00 or if an 
INTEREST CHARGE or Fee has been imposed. 

Where We Send Your Monthly Billing Statement. We will send Monthly Billing Statements and any other 
notices to you at the address shown in our files. You agree to notify us promptly of any change in your 
address. We may accept address changes or corrections from the United States Postal Service. We may 
also mail Monthly Billing Statements and other communications to you at any address we determine to be 
an address at which you can receive mail. If you elect to receive Monthly Billing Statements and other 
communications electronically, we may send those Monthly Billing Statements and communications as 
directed by you. 

Understanding Your  Monthly Billing  Statement.  The  Monthly  Billing  Statement  will  show  the Previous 
Balance, purchases and cash advances posted during the Billing Cycle, any INTEREST CHARGES, Fees 
and Other Charges, and all payments, debits, and credits to your Account through the Billing Cycle Closing 
Date. It will also show, among other things, your New Balance, the Minimum Payment Due, and the Payment 

8 

 
 
 
 
 
 
 
 
 
 
Due  Date  (which  will  be  at  least  twenty-five (25) days after the Billing Cycle Closing Date and will be the 
same day every month). 
You agree to review your Monthly Billing Statement promptly and to report any erroneous entries on such 
Monthly  Billing Statement.   You are obligated to  report erroneous entries  within  60  days  after  we mail or 
otherwise make the Monthly Billing Statement available to you.  If you do not report the erroneous entries 
within the timeframe, the entries on your Monthly Billing Statement and the corresponding Account balance 
will be presumed to be correct.  This means we will have no liability to you for transactions appearing on your 
Monthly Billing  Statement.   If  you  dispute  a  transaction made  by  you  or  someone else  on  your  Account 
and  we  later credit  your Account for  all  or  part  of  the  disputed amount,  you  will  give  us  all  of  your rights 
against  that  other  person.    You  also  agree  to  give  us  any  merchandise  associated  with  the  disputed 
transaction  and  to  help  us  in  our  efforts  to  seek  reimbursement (including,  but  not  limited  to,  providing 
documents). 

Your Consent to  Automated-Dialer and  Pre-recorded Calls and Text Messages. By providing us with 
a  telephone  number(s),  at  any  time,  you  consent  and  authorize  Celtic  Bank  and  its  affiliates,  agents  and 
independent contractors, to contact you regarding your Account at such number(s) using any lawful means 
of  communication,  including,  but  not  limited  to  calls  placed  to  your  cell,  mobile  or  other  phone  using  an 
automated  dialing  service,  pre-recorded  messages  or  text  messages.   Providing  us  with  a  telephone 
number(s) constitutes a new authorization for such communications, which authorization takes priority over 
any prior preference or election you made to opt-out of receiving calls made using automated dialing services, 
pre-recorded messages or text messages.  You do have the option to opt out of receiving communications 
at that number any time thereafter.  Standard text messaging and/or calling charges imposed by your provider 
may apply. 

E-mail. By providing us with your e-mail address, you agree to receive correspondence electronically from 
us  and  our  affiliates  and  service  providers.  We  may  communicate  with  you  by  e-mail for  any  lawful  or 
business purpose. 

DEFAULT PROVISIONS 

Events of Default. You will be in default of this Agreement if any of the following occur on this or any other 
Account you have with us: 

•  You  do  not  pay  at  least  the  Minimum  Payment  Due  on  your  Account on  or  before  the Payment 

Due Date. 

•  You die or become legally incompetent. 
•  A bankruptcy or other insolvency proceeding is filed by or against you. 
•  You exceed or attempt to exceed your Credit Limit. 
•   You  provide  us   with  or  have  provided  us  with  false  or  misleading  information  or 

signatures at any time. 

•  You fail to comply with this Agreement. 
•   You fail to make any payment or perform any promise in any agreement or obligation you have with 

us. 

•  Any judgment, lien, attachment or execution is issued against you or your property. 
•  You request an excessive number of replacement Cards. 
•  We reasonably believe you will not pay amounts owed to us for any reason. 
•  You permanently reside outside of the United States. 

If  You  Are In Default: Upon  your default of  this Agreement, we have all remedies provided by law 
including, without limitation, and without prior notice or demand (except as required by applicable law), the 
right to: 

•  Deny use of your Account. 
•  Close or refuse to renew your Account. 
•  Demand the return of your Card(s). 
•  Declare your entire Account balance immediately due and payable. 
• 
Increase your Minimum Payment. 
• 
Initiate collection activity. 
•  Not replace your Card(s). 
•  Reduce your Credit Limit. 
•  Apply any part or all of your security deposit, if applicable, to balances due.  
•  Pursue any action against you permitted by law. 

9 

 
 
 
 
 
 
Collection Costs.  To  the  extent  permitted by  law,  you  must  pay all  court  and  collection costs, including 
reasonable attorneys’ fees  that  we  incur  as  a  result of  your  default. A  contingency or hourly arrangement 
established by us with an attorney or collection agency to collect an Account in default is presumed prima 
facie reasonable. 

CLOSING YOUR ACCOUNT 

We  May  Close  or  Suspend  Your  Account.  We  may  terminate  your  privileges  under  this Agreement 
or  cancel or  limit  your  privileges to  make purchases or  obtain cash  advances at  any time, with or without 
cause, subject to applicable notice requirements. 

You May Close Your Account. You may terminate your Account at any time by notifying us by telephone 
or in writing. 

Whether your Account was terminated by us or by you, you promise that any amounts that you owe us at 
the  time  of  termination,  plus  any  new  purchases  or  cash  advances  will  be  repaid  according  to  this 
Agreement.  You ack nowledge that if the outstanding balance has not been paid to zero at the 
tim e  your  account  is  closed,  any  INTEREST  CHARGES,  Fees,  and  Other  Charges  will 
continue  to  be  im posed  at  the  rates  specified  in  this  agreement  until  the  account  is  paid  in 
full. You may terminate this Account at any time. In order to terminate your Account, you must either call us 
or give us written notice of your intent to terminate your Account at the address for inquiries shown on  your 
Monthly Billing Statement, and pay your outstanding Account balance in full. Your notice of termination will 
become  effective  as  soon  as  we  can  reasonably  act  on   it.   If   you  request  that   we   terminate   your  
Account,  but  do  not  pay  your outstanding Account balance in full, your credit privileges will be terminated.  
You agree that if your Account is terminated by us or by you, we may apply any part or all of your security 
deposit, if applicable, to your outstanding balance pursuant to the terms of this Agreement. 

Account Non–Use, Inactivity and/or Closure. In connection with the initial opening of your Account (but 
not in connection with renewing the Account or replacing Cards that have been used for transactions to the 
Account), if you have not made a payment, and either: (1) you do not activate your Card, or (2) you activate 
your  Card  but  do  not  use  your  Account  for  a  purchase  or  cash  advance,  we  may  unilaterally  close  your 
Account and terminate your right to use the Card or obtain credit, subject to any limitations under applicable 
law.   If  we  close  the  Account  in  accordance  with  this  paragraph,  all  Fees  posted  to  your  Account  will  be 
reversed.   

Initial Fees Refund Disclosure. You may  still  reject  this  plan,  provided  that  you  have  not  yet  used 
the Account or paid INTEREST CHARGES, Fees or Other Charges after receiving a Monthly Billing 
Statement. If you do reject the plan, you are not responsible for any INTEREST CHARGES, Fees 
or Other Charges. 

OTHER TERMS AND CONDITIONS 

Deposit. If your Account is required to be secured by a Deposit Account, your deposit will be maintained at 
a  financial  institution  of  our  choice.  Additional  terms  and  conditions  governing  the  Deposit Account are 
explained elsewhere in this Agreement. 

Binding Effect Upon Death or Incompetency. If we pay a merchant or financial institution for a purchase 
or  post  a  cash  advance  to  your  Account  before  we  receive  actual  written  notice  of  your  death  or 
incompetence, or if  we pay a merchant or financial institution for a purchase made by you or post a cash 
advance  taken  by  you  prior  to  your  death  or  incompetence,  that  transaction will  be  a  valid  and  binding 
Account obligation upon you, your estate and your personal representatives. 

Our Liability To You. Neither Celtic Bank nor Continental Finance will have any liability to  you other than 
as provided in the Agreement and these terms and conditions.   Unless imposed by law, neither Celtic Bank 
nor Continental Finance will  be  liable for any indirect, punitive, incidental, special or consequential loss or 
damages with respect to this Agreement. 

Notices.  We will send Monthly Billing Statements and any other notices to you at the address shown in our 
files.  If  you  choose  to  receive  Monthly  Billing  Statements  electronically,  we  will  send  them  and  any  other 
notices to you at the email address shown in our files. You promise to inform us promptly in writing of any 
change in your address or email address. Any written notice from you to us must be sent to us at Continental 
10 

 
 
 
 
 
 
 
 
 
 
 
 
 
Finance, P.O. Box 3220, Buffalo, NY 14240-3220 or to such other address as we may give you, and shall be 
effective  when  received  by  us  at  such  address.    In  determining  your  last  known  address,  we  can  accept 
address corrections received from the U.S. Postal Service. 

Credit  Limit  Increases.  Your  Account  will  be  reviewed  for  a  Credit  Limit  Increase  in  accordance  with 
applicable law after your Account has been open for at least 12 months.  In order to receive a Credit Limit 
Increase, you must qualify for and elect to receive such increase. Each  Credit  Limit  Increase  may  vary  in 
size  but  will  be  subject  to  a  maximum  Credit  Limit  of $2,000.00.   Each Credit Limit Increase will appear 
on your Account no later than one (1) month after you have qualified for such increase.  We may change the 
criteria applied to determine your eligibility  for  a  Credit  Limit  Increase  at  any  time  in  our  sole  discretion 
in    accordance  with  applicable  law.      In  addition,  we  may  elect,  in  our  sole  discretion,  to  modify  or 
discontinue the practice of granting Credit Limit Increases. 

Foreign Currency Conversion Rate.   If  you effect a transaction at  a  merchant that settles in  a currency 
other than U.S. dollars, the transaction amount will be converted into U.S. dollars at a government-mandated 
exchange  rate,  or  a  wholesale  exchange  rate.  The  government-mandated  exchange  rate  or  wholesale 
exchange rate is the rate selected for the applicable currency on the day the transaction is processed, which 
may differ from that applicable to the date the transaction occurred or when it is posted to your Account. 

Call Monitoring/Recording. You authorize us  and  any third party servicing your  Account to  listen  to  and 
record telephone calls with you to evaluate the quality of service or for any other lawful purpose, if permitted 
under applicable law. 

Sale/Assignment/Transfer.  We  may  sell,  assign,  or  transfer  all  or  any  portion  of  your  Account or  any 
Account balances due under your Account without prior notice to you. You may not sell, assign, or transfer 
your Card or your Account or any of your obligations under this Agreement. 

Use of Information about You and Your Account.   Because you applied for a Card, we are entitled under 
applicable law, including the Fair Credit Reporting Act, to obtain information about you from a credit reporting 
agency. We may also verify  your credit references and other information that  you provide to  us. We may 
obtain  updated  or  additional information about  you, including consumer reports, from time to time for any 
legitimate purpose including, but not limited to, the extension of credit to  you or the review or collection of 
your Account.  We will report late payments, missed payments, or other defaults on your Account to credit 
bureaus. 

You understand to prevent the funding of terrorism and money laundering, the United  States Government 
requires  financial institutions obtain,  verify  and  retain  certain cardholder information, such as  your name, 
address, date of birth and other identifying information including your driver’s license  or  other government-
issued ID, to allow us to confirm your identity.   We will retain this information.  W ith  respect  to  information 
about  you  and  your  Account  that  is  covered  by  our  privacy policy,  we  will  use  such  information in 
accordance with the terms of the Privacy Policy. 

How  to  Contact  Us.  For  general  inquiries  we  can  be  reached  in  writing  at:  Continental Finance, 
P.O. Box 3220, Buffalo, NY 14240-3220. Or, you can call our Customer Service Department at 1-866-449-
4514.  Automated  Account  information  is  available  24  hours  a  day,  7 days  a  week  with  representatives 
available Monday – Friday between the hours of  7:00 a.m. to 10:00 p.m. and Saturday between the hours 
of 9:00 a.m. to 4:00 p.m., Eastern Time.   Payments should be mailed to the address listed on your Monthly 
Billing Statement. 

YOUR BILLING RIGHTS 
KEEP THIS NOTICE FOR FUTURE USE 

This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act. 

What To Do If You Find A Mistake On Your Monthly Billing Statement.  
If you think there is an error on your Monthly Billing Statement, write to us at:  

Continental Finance 
P.O. Box 3220 
Buffalo, NY 14240-3220 

11 

 
 
 
 
 
 
 
 
 
 
 
 
 
In your letter, give us the following information: 

•  Account information: Your name and Account number. 
•  Dollar amount: The dollar amount of the suspected error. 
•   Description of  problem:  If  you  think  there  is  an  error  on  your  Monthly  Billing Statement,  describe 

what  you believe is wrong and why you believe it is a mistake. 

You must contact us: 

•  Within 60 days after the error appeared on your Monthly Billing Statement. 
•   At least 3 business days before an automated payment is  scheduled, if  you want to stop payment 

on the amount you think is wrong. 

You must notify us of any potential errors in  writing.   You may call us, but if  you do  we are not required 
to investigate any potential errors and you may have to pay the amount in question. 

What Will Happen After We Receive Your Letter When we 
receive your letter, we must do two things: 
1.  Within 30 days of receiving your letter, we must tell you that  we received your letter. We will also tell 
you if we have already corrected the error. 

2.  Within  90  days,  of  receiving  your  letter,  we  must  either correct the error or explain to  you  why we 
believe the Monthly Billing Statement is correct. 

While we investigate whether or not there has been an error: 

•   We  cannot  try  to  collect  the  amount  in  question,  or  report  you  as  delinquent  on  that amount. 
•   The charge in question may remain on  your Monthly Billing Statement, and we may continue to 

charge you INTEREST CHARGES on that amount. 

•   While  you  do  not  have  to  pay  the  amount  in  question,  you  are  responsible  for  the remainder 

of your Account balance. 

•  We can apply any unpaid amount against your Credit Limit. 

After we finish our investigation, one of two things will happen: 

• 

•  

If  we  made  a  mistake:  You  will  not  have  to  pay  the  amount  in  question  or  any 
INTEREST CHARGES, Fees or Other Charges related to that amount. 
If we do not believe there was a mistake: You will have to pay the amount in question, along with 
applicable  INTEREST  CHARGES,  Fees  and  Other  Charges.  We  will  send  you  a  Monthly  Billing 
Statement  of  the  amount  you  owe  and  the  date  payment  is  due.  W e  may  then  report  you  as 
delinquent if you do not pay the amount we think you owe. 

If  you receive our explanation but still believe your Monthly Billing Statement is  wrong, you must write to 
us within 10 days telling us that  you still refuse to  pay.   If  you  do so,  we cannot report  you as delinquent 
without also reporting that you are questioning your Monthly Billing Statement.  We must tell you the name 
of anyone to whom we reported you as delinquent, and we must let those organizations know when the matter 
has been settled between us. 

If 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 Monthly Billing Statement is correct. 

Your Rights if You Are Dissatisfied With Your Credit Card Purchases. 
If you are dissatisfied with the goods or services that you have purchased with your Card and you have tried 
in  good  faith  to  correct the  problem  with  the  merchant,  you  may  have  the  right  not  to pay the remaining 
amount due on the purchase. 

  To use this right, all of the following must be true: 

1.   The  purchase  must  have  been  made  in  your  home  state  or  within  100  miles  of  your current 
mailing address, and the purchase price must have been more than $50. (Note: Neither of these are 
necessary  if  your  purchase  was  based  on  an  advertisement  we  mailed to  you, or  if  we  own  the 
company that sold you the goods or services.) 

2  You  must  have  used  your  Card  for  the  purchase.  Purchases made  with  cash  advances from an 

ATM or with a check that accesses your Account do not qualify. 

3.  You must not yet have fully paid for the purchase. 

If  all of  the criteria above are met and  you are still dissatisfied with the purchase, contact us  in writing at: 

12 

 
 
 
 
 
 
 
 
 
 
 
Continental Finance P.O. Box 
3220 
Buffalo, NY 14240-3220 

While we investigate, the same rules apply to the disputed amount as discussed above. After we finish our 
investigation, we will tell you our decision.  At that point, if we think you owe an amount and you do not pay, 
we may report you as delinquent. 

STATE DISCLOSURES 

California Residents. A married applicant may apply for a separate Account. As required by law, you  are 
hereby  notified  that  a  negative  credit  reporting  reflecting  on  your  credit  record  may  be  submitted  to  a 
Consumer Reporting Agency if  you  fail to  fulfill the terms of  your  credit  obligations. After  credit  approval, 
each applicant shall have the right to use the Account up to the limit of the Account. Each applicant may be 
liable for amounts extended under the plan to any joint applicant. 

Delaware  Residents.  Service  charges  not  in  excess  of  those  permitted  by  law  will  be  charged  on  the 
outstanding Account balances from month to month. 

Kentucky Residents. You may pay the unpaid balance of your Account in whole or in part at any time. 

Missouri Residents.  Credit card fees are governed by MO.Rev.Stat § 408.145. 

New  York  and  Vermont  Residents.  We  may  obtain  a  consumer  report  for  any  legitimate purpose  
in  connection  with  your  Account  or  your  application,  including  but  not  limited  to reviewing, modifying, 
renewing and collecting on your Account. Upon your request, we will inform you of the names and addresses 
of any Consumer Reporting Agencies that have furnished the reports. New York residents may contact the 
New  York  State  Banking  Department  (1-800-342-3736) to obtain a comparative list of credit card rates, 
fees and grace periods. 

Ohio Residents. The Ohio laws against discrimination require that all creditors make credit equally available 
to all credit worthy customers, and that Consumer Reporting Agencies maintain separate credit histories on 
each individual upon request. The Ohio Civil Rights Commission administers compliance with this law. 

Married  Wisconsin  Residents.  No  provision  of  any  marital  property  agreement,  unilateral statement, 
or court order applying to marital property will adversely affect a creditor’s interests unless prior to the time 
credit 
agreement, 
furnished  with 
statement, or court order, or has actual knowledge of that provision 

granted, 

creditor 

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TERMS AND CONDITIONS OF YOUR DEPOSIT ACCOUNT 

The following additional terms apply in connection with your Deposit Account. 

Deposit. An initial Deposit Account balance is needed to open your Account. This amount is printed in the 
application decision letter and must be paid by  one of the payment methods contained in such letter. You 
may make additional deposits to your Deposit Account up to a maximum Deposit Account balance of $2,000. 
After the Account has been open for 90 days and we have received at least three timely Minimum Payments, 
we  will  increase  your  Credit  Limit  to  the  amount of  your  Deposit  Account balance.  Any  non-cash items 
tendered for deposit will be given only provisional credit until collection is final. Deposit funds may be held 
up to 10 days. We are not responsible for transactions initiated by mail or outside depository institutions until 
we actually receive them.  We will treat and record all security deposit funds received after our “daily cutoff 
time” on a Business Day we are open, or received on a day that we are not open for business, as if initiated 
on the following Business Day that we are open. 

Withdrawals. Since this Deposit Account is collateral for your Account, and not a Fee, withdrawals are not 
permitted from this Deposit Account while there remains an outstanding balance on  your Account or  while 
you retain possession of any Card.  

Applicable Law.  Your Deposit Account and any claim, dispute, or controversy arising from  or relating  to 
this  Agreement  or  your  Deposit  Account,  are  governed  by  and  interpreted  under  federal  law  and 
13 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
construed in accordance with the laws of the State of Utah (without applying its  choice-of-law  rules).  The  
formation,  legality,  enforceability,  and  interpretation  of  this Agreement, and any amounts contracted for, 
charged and received under this Agreement, will be governed  by  such  laws.  This  Agreement  is  entered 
into  between  you  and  us  in  Utah, regardless of the state of your residence.  Our decisions regarding the 
Deposit Account are made in the State of Utah.   Federal and Utah law  will also apply to  any controversy, 
claim, or dispute arising from or relating in any way to the subject matter of this Agreement and your Deposit 
Account, including, without limitation, statutory, equitable, and tort claims. 

Bankruptcy.  If  you  become  a  debtor  in  any  proceeding  under  the  United  States  Bankruptcy Code, you 
agree that  you  will recognize us as a perfected secured creditor with respect to the Deposit  Account  and 
that you will declare the Deposit Account as exempt property pursuant to the provisions of the United States 
Bankruptcy Code or applicable State exemption laws. 

Amendments. W e  may  amend  the  terms  and  conditions  applicable  to  your  Deposit  Account separately 
from  the  remainder  of  this  Agreement  at  any  time  with  reasonable  written  notice  to you, as required by 
law. 

Assignments Prohibited.   You may not assign the Deposit Account to anyone other than us without our 
prior written consent. 

Pledge Agreement. As a security for the payment of all credit extended through your Account, you pledge 
to,  and  grant  Continental  Finance,  its  successors  and  assigns,  a  security  interest  in  all  funds  now  and 
hereafter deposited in  your Deposit Account. You authorize us to unconditionally restrict withdrawals from 
your Deposit Account. If your Account is in default or if your Account is terminated for any reason, we may 
at any time thereafter, and without notice to  you (unless otherwise  required  by  law),  apply  all  or  part  of 
the  funds  in  your  Deposit  Account  as  a  credit toward any and all  amounts owed on  your  Account. We 
may also exercise any other remedies under the terms of this Agreement or otherwise legally available.   If 
your Account is cancelled or closed either by you or us, we have (unless otherwise required by law) ninety 
(90) days from the date of such Account closure to allow for  all  charges made  on  the  Card  to  clear. After 
the expiration of this period, we will remit to you the full amount remaining in your Deposit Account, 
if any, after the application of the security deposit to any outstanding balances that remain on your 
Card. 

TRUTH IN SAVINGS DISCLOSURE –  DEPOSIT ACCOUNT 

Security  Deposit  Insurance.    This  deposit  account  will  be  held  at  an  FDIC  or  NCUA  insured  financial 
institution and will receive the benefit of FDIC, NCUA or other depository insurance. 
Rate Information. This is a non-interest bearing Deposit Account. The Interest Rate and Annual Percentage 
Yield is 0%.  No interest accrues on the Deposit Account. 

Minimum Balance Limitations. The minimum balance to open the Deposit Account is the amount printed 
in  the  application decision  letter.  Once  your  balance  reaches  the  required  amount,  your  Account  will  be 
opened. We must receive the entire amount within 30 days from the date we received your application, or 
any money applied to your Deposit Account will be refunded. 

Transaction  Limitations.  No  withdrawals  will  be  permitted  from  your  Deposit  Account  while there 
remains  a  balance  on  your  Account  or  while  you  retain  possession  of  the  Card.  The maximum amount 
of  funds  that  may  be  deposited  into  this  Deposit  Account  is  $2,000.00.  Deposit  amounts  and  the 
corresponding methods of payment will be disclosed in the application decision letter. Deposit funds may be 
held for up to 10 days, which will delay the opening of your Account. 

Fees.  No fees are charged on this Deposit Account. 

ARBITRATION PROVISION 

PLEASE READ CAREFULLY: This Arbitration Provision “Provision” waives any right to file claims 
in court, other than  a  small claims  court,  or  to  participate in  a  class  action or  other consolidated 
proceeding. 

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CARDHOLDERS COVERED BY THE MILITARY LENDING ACT.  Notwithstanding any other provision 
of this Agreement, if you are a “covered borrower” under the Military Lending Act, as defined in at 32 
CFR § 232.3(g), the Arbitration Provision does not apply to you. 

Unless you opt out of this Provision in the manner set forth below in subpart (o), any claim that arises out of 
or  in  any  way relates to  the  Agreement, your  Account, or  this   Provision shall be resolved exclusively by 
binding bilateral arbitration in accord with the following: 

a)  This Provision is contained in a contract evidencing interstate commerce and is governed by the Federal 

Arbitration Act, 9 U.S.C. Sections 1-16. 

b)  Provision  shall  be  administered  by  the  American  Arbitration  Association (“AAA”)  and conducted by a 
single  arbitrator  using  the  applicable  rules  and  procedures  established  by  the  AAA  for  expedited 
consumer arbitration. To the extent any of the AAA’s rules and procedures contradict the express terms 
of  the  Provision,  the  Provision  shall  control  and  the  contradictory  portions  of  the  AAA’s  rules  and 
procedures shall not apply. 

c)  The Arbitrator shall enforce the Applicable Law provisions in the Agreement and shall honor applicable 
statutes  of  limitations  and  claims  of  privilege.  The  arbitrator  may  award  any  relief  available  under 
applicable law. 

d)  Any arbitration hearing or proceeding shall be held in the county of  your  residence unless you and we 

agree otherwise. 

e)  The Arbitrator has  no authority  to conduct  class,  joint, or consolidated  arbitration proceedings. The 

arbitrator may only conduct arbitration and resolve claims on a bilateral basis. 

f)  Regardless of who asserts a claim[s], we shall advance your portion of the arbitration filing and hearing 
fees. If we prevail in arbitration, the arbitrator may require you to reimburse us for any filing and hearing 
fees that we advanced on  your behalf provided that the total filing and hearing fees paid by  you shall 
not exceed the court costs you would have paid in a comparable  state  court  action.  This  subpart  (f) 
shall  not  affect  attorney’s  fees  or  costs, including  witness  or  expert  witness’  fees  or  costs.  You 
shall  be  responsible  for  your  own attorney’s fees and costs. 

g) 

If permitted by applicable law, the arbitrator may award reasonable attorney’s fees and costs to the 
party who substantially prevails in arbitration. 

h) 

In the event the AAA or its rules and procedures are unavailable for any reason, you or we may ask a 
court  to  appoint  a  substitute  arbitrator  to  arbitrate  under  comparable  rules  and  procedures.  The 
unavailability of the AAA or its rules and procedures shall not render the Provision unenforceable. 

i)  The  Provision  covers  any  claim  arising  out  of  or  in  any  way  relating  to  the Provision  itself.  All 
issues  of  arbitrability  must  be  arbitrated,  including  but  not  limited  to  whether the  Provision is 
enforceable or applicable. 

j)  The Provision remains  in  full force and  effect unless  you  opt  out  of  the  Provision in  accordance  with 
subpart (o) or you and we otherwise agree in writing to set the Provision aside. The Provision survives, 
for example but without limitation, the cancellation or termination of the Agreement or your Account, the 
satisfaction of any obligations under the Agreement or your  Account,  the  transfer,  sale,  or  assignment 
of  the  Agreement  or  your  Account  or  any rights under either, and the bankruptcy of any party. 

k)    Each of the following persons or entities is an intended beneficiary of the Provision and may enforce the 
Provision in full with respect to any claims between such persons or entities on the one hand and  you 
on the other hand that arise out of or in any way relate to the Agreement or the Provision: Continental 
Finance and any of its or our past, present, and future employees, agents, principals, representatives, 
directors, officers, shareholders,  governors,  managers,  members,  parent  companies,  subsidiaries, 
affiliated entities,    partners,   licensees,   attorneys,   predecessors,   successors,   joint    venturers, 

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contractors, assigns, designees, servicers, and “service providers” (defined as any third party providing 
us or any of the foregoing entities or persons any goods or services that arise out of or in any way relate 
to the Agreement or the Provision). 

l)  The  Provision may be  enforced by  or  against  any  person  or  entity  purporting to bring claims on  your 
behalf, including but  not  limited to  any agent, representative, guardian, or trustee. The Provision may 
also be enforced by or against any person or  entity who acquires any right or interest that, but for the 
transfer of the right or interest, would have belonged to us or an intended beneficiary of the Provision. 

m)  You  and  we  shall  retain  the  right  to  bring  in  the  small  claims  court  for  the  county  of  your residence 
any claims that are within the small claims court’s jurisdiction. Any appeal or other review  of  a  small  
claims  court  judgment  or  order  shall  be  undertaken  exclusively  by arbitration in accordance with 
the Provision. 

n) 

 With  the  exception  of  subpart  (e),  if   any  part  of  the  Provision  is  found unenforceable, subject 
to any rights to judicial and/or appellate review the offending part shall be severed and the balance of 
the Provision shall remain in effect and shall be construed in light of the express intent of you and us to 
resolve  all  claims on  a  bilateral  basis  in  binding  arbitration. If  a  final,  non-appealable court judgment 
finds that subpart (e) is unenforceable or cannot be given effect, the entirety of the Provision shall be null 
and void. 

o)  You  may opt  out  of  this  Provision  by  sending  written  notice  to  us  of  your  decision to  opt  out. Notice 
must be sent by United States Postal Certified Mail, Return Receipt Requested, to the following address: 
Celtic  Bank, c/o  Continental Finance Company, P.O.  Box  3220,  Buffalo,  NY  14240-3220. The notice 
must be postmarked no later than 30 days after the date of  your Agreement. You must retain proof of 
receipt. Your decision to opt out will not affect our decision to continue to extend credit to you under the 
Agreement. 

Mastercard® and the Mastercard acceptance mark and service marks used by Celtic Bank under license 
from Mastercard International. 

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PRICING ADDENDUM 

Interest Rates and Interest Charges 

Annual Percentage Rate (APR) 
for Purchases 

29.99% 
This APR will vary with the market based on the Prime Rate. 

APR for Cash Advances 

29.99% 
This APR will vary with the market based on the Prime Rate. 

Paying Interest 

Your  Payment  Due  Date  is  at  least  25  days  after  the  close  of 
each  Billing  Cycle.    W e  will  not  charge  you  any  interest  on 
purchases if you pay your entire Account balance by the Payment 
Due  Date  each  month. We  will  begin  charging  interest  on  cash 
advances on the transaction date. 

Minimum Interest Charge 

None 

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 

To  learn  more  about  factors  to  consider  when  applying  for  or 
using  a  credit  card,  visit  the  website  of  the  Consumer Financial 
Protection 
at 
http://www.consumerfinance.gov/learnmore. 

Bureau 

Fees 

Set up and Maintenance Fees 

NOTICE:  Some  of  these  set-up  and  maintenance  fees  will  be 
assessed before  you  begin  using  your  Card  and  will  reduce  the 
amount  of  credit  you  initially  have  available.    Based  on  your 
Credit  Limit of  $500,  your  initial  available credit  will be  $375 (or 
$345 if you choose to have an additional Card). 

You may still reject this plan, provided that you have not yet used 
the Card or paid a fee after receiving a Monthly Billing Statement. 
If  you do reject the plan,  you are not responsible for any Fees or 
Other Charges. 

•     Annual Fee 

$125 for the first year After that, $96 annually 

•     Monthly Maintenance Fee 

$120 annually (billed at $10 per month)  
Monthly Maintenance Fee  not  billed for  the  first  12 months  your 
Account is opened 

•     Additional Card Fee 

  $30 (one time, if applicable, for authorized users) 

Transaction Fees 

Transaction  fees  are  not  billed  for  the  first  12  months  your 
Account is open. 

•     Cash Advance 

Either $5.00 or 5% of the amount of each cash advance, 
whichever is greater. 

•     Foreign Transaction 

3% of each transaction in U.S. dollars. 

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Penalty Fees 

•     Late Payment 

•     Returned Payment 

Up to $38 

Up to $38 

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19