Summary of Credit Terms - Union Bank Rewards Visa Signature for The Private Bank 
 
Interest Rates and Interest Charges 
Annual Percentage Rate (APR) for Purchases 13.99% to 23.99% , based on your creditworthiness. This APR will vary with the market based on the Prime Rate.  
APR for Balance Transfers 13.99% to 23.99%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. 
APR for Cash Advances 25.25%. This APR will vary with the market based on the Prime Rate.  
Penalty APR None 
Paying Interest Your due date is at least 21 calendar days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. 
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.75.  
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 Bureau at http://www.consumerfinance.gov/learnmore.
 
Fees 
Annual Fee $199 
Transaction Fees   
� Balance  Transfer  Either $10 or 5% of the amount of each balance transfer, whichever is greater.  
� Cash Advance Either $15 or 5% of the amount of each cash advance, whichever is greater.  
� Foreign Transaction None 
Penalty Fees   
� Late Payment  Up to $37. 
� Over-the-Credit Limit None  
� Returned  Payment  Up to $35. 
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."  
 
 
The information about the costs of the card described in this application is accurate as of 03/16/2020. This information may have changed after that date. To find out what may have changed, please call us at 877- 505-6789. 
 
 
SEE BACK OF PAGE for more important information about your account.           
 Page 1 of 5 Page 2 of 5  ADDITIONAL TERMS & CONDITIONS 
 
If an account is opened, you will receive a Cardmember Agreement (�Agreement�) with your card(s). You agree to the terms of t his Agreement by: usi ng the account or any card, authorizing their use, or making any payment on the account. We have the right to change the account terms (including the APR s ) in accordance with your Agreement. We reserve the right to change the benefit features associated with your card at any time.  Complete terms and conditions will be provided to you when you become an approved cardmember. Cards are issued and serviced by Union Bank
� Card Services, a divisi on of MUFG Union Bank, N.A.  
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT  
 
To help the government fight the funding of terrorism and money laundering activiti es, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person and/or entity that opens an account; and What this means to you: When you open  an account, we will as k for your name, address, date of birth (for individuals) and other information that will allow us to identify you. We may also ask to see your driver�s licens e or other identifying documents. 
 
CREDIT REPORT AUTHORIZATION 
 
By submitting an application for credit, you authorize us to obtain credit bureau reports that we will use when considering your application for credit. Y ou also authorize us to obtain credit bureau reports and any other information about you in connection with the extensions of cr edit on your account and the administration, review or collection of your account. If you ask, we will tell you the name and address of the credit bureau from which we obtained a report about you. You also authorize us to verify your employment, income and other relevant  information. 
 
COMMUNICATION AUTHORIZATION 
 
By providing us with your residential phone number or cell phone number, you agree that we (including companies working on our behalf) have y our permission to contact you at the number provided about any of your Union Bank accounts, and that we may use text messaging, artificial or prerecorded voice messages and automatic dialing technology for informational and account ser vicing calls, as well as for collection purposes. Message and data r ates may apply. You also agree that by providing your email address, we have your permission to contact you through your email address to notify you of progress on your application, provide important account information, to let you know about other products and services. 
 
ARBITRATION NOTICE 
 
If you are issued a credit card, your Agreement will contain a binding arbitration provision. In the event of any dispute relating to your account, the dispute will be resolved by binding arbitration pursuant to the rules of the American Arbitration Association or JAMS/Endispute. Both  you and we agree to wai v e the right to go to court or to have the dispute heard by a jury (except as to any c ollection activities on your account). You and we will be waiving any right to a jury trial and you also would not have the right to participate as a part of a class of claimants relating to any disput e with us. Other rights availabl e to you in court may also be unavailable in arbitration. When you receive your Agreement, you should read the Resolution of Claims by Arbitration provision in your Agreement carefully and not accept or use the Card unless you agree to be bound by the arbitration provision. 
 
BALANCE TRANSFERS 
 
If you are issued a credit card, you authorize us to make one or more of the balance transfers that you have requested from credit card accounts or other types of accounts with other financial institutions. Balance Transfers cannot be us ed to pay off or pay down any Union Bank credit card, either opened i n your name or any other person. All balance transfer requests are subject to our approval; we are not liable if we do not make a requested balance trans fer . We reserve the right to make balance transfers in the order we select and to limit the amount of the balance transfers that we make (this amount may  be less than your total credit limit). If you request an amount that we do not approve, we may process a partial transfer for less than you requested or we  may decline the entire request. In addition, transfer requests that are incomplete, illegible or requested to cash, to yourself or to another account with us or one of our affiliates may not be processed. You should not transfer any amount that is in dispute in order to preserve your dispute rights. When you trans fer a balance from another account, we send a payment in the amount of the balance transfer to the other financial institution. We have no control over, and are not responsible for, how and when the other financial institution applies the payment. You are responsible for verifying that the other financial institution applies the balance transfer payment in accordance with your other account�s terms. You should continue to monitor the other accounts that you reques t a transfer balance to and you should continue to pay the minimum payments due on those accounts until you receive statements from those credi tor s showing that the balances due them have been paid in f ull. This might not happen until after the balance transfer appears on your billing statement fr om us. You are liable for any late payments, finance charges or disputed amounts on your other accounts. We do not send instruct ions to the other financ i al institution to close your other account. If you want the other account to be closed, you must do that yourself. Balance transfers  are subject to applicabl e fees and finance charges and do not have the benefit of a grace period. If you take advantage of a balance transfer offer and continue to use the credit card to make purchases, you will lose the interest -free grace period on the new purchases unless you pay the entire statement balan ce, including the amount subject to the promotional APR, by the payment due  date. 
 
OVERDRAFT PROTECTION LINKED TO A UNION BANK CREDIT CARD 
 
By enrolling in Overdraft Protection Linked to a Union Bank Credit Card, you authorize the Bank to make advances on your Union Bank Credit C ar d (subject to your available credit) in order to cover transactions (including transfers between checking, money market, and savings accounts) presented for payment against insufficient funds. We will not authorize transactions requiring real -time authorization (such as ATM withdrawals, ATM or Debit Car d purchases, and cash withdrawals in a Union Bank branch) using this service. If you attempt a transaction requiring real -time authorization and ther e ar e insufficient available funds in the linked checking account, the transaction will be declined. Activat ion of the Overdraft Protection service may take up to 5  Page 3 of 5  business days following the approval of a new credit card account; for customers with an existing open credit card account, i t may take up to 5 busines s days from the initial request to enroll in the Overdraft Protection service. Each business day that we determine that your linked checking account is overdrawn by any amount, you authorize us to make an  Overdraft Adv anc e equal to a) $50, or b) the next highest multiple of $50 that will equal or exceed the linked checking account overdraft, as determined by us. For exampl e, if we determine that your linked checking account is overdrawn by $125, you understand and agree that we may automatically make an Overdraft Advance of $150 from your Union Bank Credit Card for deposit to your linked checking account. We will make advances only once each business  day.  
Advances will only be processed if at least one transaction can be covered by the advanced amount. Any negative balance from a previous busines s day will not trigger an advance unless another eligible transaction is presented for payment and there is sufficient available credit on the credit card account to cover at least that additional transaction. If you do not have sufficient available  credit on your credit card account to cover all transactions, your link ed checking account may be subject to fees for any uncovered transactions. The total advance amount will appear on the linked checking account statement each day an advance is made. Only one checking account may be linked to one credit card account, and both accounts must have a common owner. If your linked checking account is changed to a closed status for any reason, Union Bank may terminate the Overdraft Protection Linked to a Union Bank Credit Card service without notice. 
 
Overdraft Advances and the $10 daily Overdraft Advance Fee will be added to your Overdraft Advance Balance Category on your credit card monthl y statement and be charged the Overdraft Advance Annual Percentage Rate. Your APR will be 13.99% to 23.99%, based on your creditworthiness. T hi s APR will vary with the market based on the Prime Rate. No grace period will apply when calculating finance charges for Overdr aft Advances. If your linked credit card account is changed to a closed status for any reason, Union Bank may terminate the Overdraft Protection Linked to a Union Bank Credit Card service without notice. You may cancel this service at any  time. 
 
Some accounts may not be eligible for Overdraft Protection Linked to a Union Bank Credit Card. For more information, see the Union Bank Personal Accounts & Services Disclosure and Agreement . 
 
AIRLINE INCIDENTAL FEES STATEMENT CREDIT   
Receive a statement credit of up to $100 per account per calendar year for Qualifying Airline Incidental Fee Purchases such as: baggage fees, in- flight food and beverage purchases and ticket change/ cancellation fees. Learn more about your benefits at unionbank.com/airlineincidentalfees .
 
 
AIRPORT LOUNGE ACCESS  
Receive 4 free visits to airport lounges worldwide with a complimentary 12- month Priority Pass� Select Membership. After that, each visit is $32 (subject to change). Learn more about your benefits at unionbank.com/prioritypass .
 
 
OTHER DISCLOSURES 
 
CALIFORNIA RESIDENTS: A married applicant may apply for a separate account. Additionally, we may obtain information at any time from the California Department of Motor Vehicles. You agree to waive the address confidentiality requirements section of the California Vehicle C ode (Section 1808.21). 
 
NEW YORK RESIDENTS may contact the New York State Department of Financial Services by telephone at 1 -800-342-3736 or visit its website at www.dfs.ny.gov for free information on comparative credit card rates, fees and grace periods.  
 
OHIO RESIDENTS: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers complianc e with this law.  WASHINGTON STATE RESIDENTS: Washington state law prohibits discrimination in credit transactions because of race, creed, color, national origi n, sex, or marital status. The Washington State Human Rights Commission administers compliance with this law.  
 
NOTICE TO MARRIED WISCONSIN APPLICANTS: No provision of any marital property agreement, unilateral statement or court decree adversely affec ts our interests and/or rights unless, prior to the time the credit is granted or an open- end credit plan is entered into, we are furnished with a copy of the agreement, statement, or decree, or have actual knowledge of the adverse provision. Married Wisconsin residents applying for credit separately must furnish name and address of their spouse to Union Bank at P.O. Box 60398, Phoenix, AZ 85026. 
 
MILITARY LENDING ACT 
 
Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of cons umer credit. In gener al , 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. Thi s 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). 
 
Additionally, if any clause in your Agreement with us conflicts with the federal law protections afforded to members of the A rmed Forces, includi ng any provision related to mandatory arbitration, federal law will prevail.  
 
If you would like to receive this Military Lending Act disclosure orally, please call 1- 877-925-8666.  REWARDS PROGRAM TERMS AND CONDITIONS  
 
The following is a summary of certain key terms and conditions for the Union Bank Rewards Program for the Union Bank Rewards Visa Signature� for The Private Bank. You will receive complete Program terms and conditions with your account opening materials if your applicat ion is approved. 
 
EARNING REWARDS POINTS 
 
Purchases 
 
You earn points when you (or your authorized user) make �Purchases� of products and services with your credit card, excluding disputed billing it e ms and items that are subsequently subject to a refund or credit (such as for returned merchandise) (collectively  �Purchases�). 
 
Purchases do not include: a) Annual fees, finance charges and other fees or charges posted by us to the account; b) Cash advances (including but not limited to cash received over the amount of Purchases charged to the account, Purcha ses of money orders or other cash equivalents) or special check  transactions; c) Balance transfers; d) Overdraft advances; e) Charges for other products, services, or benefits that we provide (such as credit insurance premiums);  or f) Other transactions that we determine not to be eligible. 
 
Point awards are not earned until they appear on the account statement. Points that have been awarded may be deducted if, aft er points are awarded, Purchases are subsequently subject to a refund, credit or dispute. We reserve the right to retroactively correct errors made in point awards. We are so lely responsible for determining which transactions are eligible for point earnings, and our determination is final. Points you ea rn during the billing cycle will be added to your rewards point balance within 7 days after the end of the billing cycle. 
 
Introductory Rewards Bonus 
 
You will earn a 30,000 introductory reward points bonus following your first $3,000 in Purchases made within 3 months of account opening. T hes e points will post to your rewards point balance within 8 weeks after the close of your third billing cycle. You are limited to one introductory reward poi nts bonus per card account. 
 
Airline Points 
 
You will earn 3 points (also referred to in marketing materials as �3X points�) (consisting of 1 base point and 2 bonus points) for each $1 spent for the first $6,000 of Purchases made during each year (based on your account opening date) on Airlines. An �Airline� Purchase is fr om a merchant wi th the merchant category code (MCC) for �Airlines� (MCC 3000 -3299) and �Airlines, Air Carriers (not listed elsewhere)� (MCC 4511). After you make $6,000 i n Purchases with Airlines in a year, you will earn 1 point for each $1.00 spent on Purchases that you make with Airlines for the remainder of the year.  
 
Restaurant Points 
 
You will earn 2 points (also referred to in marketing materials as �2X points�) (consisting of 1 base point and 1 bonus point) for each $1 spent for the first $6,000 of Purchases made during each year (based on your account opening date) at Restaurants. A �Restaurant� Purchase is from a merchant with the merchant category code (MCC) for "Caterers" (MCC 5811), "Eating Places and Restaurants" (MCC 5812), "Drinking Places (Alcohol ic Beverages), Bar s , Taverns, Cocktail Lounges, Nightclubs and Discotheques" (MCC 5813) or "Fast Food Restaurants" (MCC 5814). After you make $6,000 in Purchas es at Restaurants in a year, you will earn 1 point for each $1.00 spent on Purchases that you make at Restaurants for the r emainder of the year. 
 
All Other Purchases 
 
You will earn 1 point (also referred to in marketing materials as �1X points�) for each $1 spent on all new eligible Purchases charged to the card each billing cycle that are from merchants that are not Airline or Restaurant merchants.  
 
Merchant Category Codes & Purchases 
 
Merchants are assigned a merchant category code by payment card processors based upon the merchant's primary line of business. We do not determine the MCC for a merchant. Whether a transaction is eligible for bonus points depends on the MCC actually assigned to a merchant. Purchases proces s ed through merchants that do not process transactions under the eligible MCC and Purchases processed through third- party payment accounts (e.g., PayPal�) will not qualify to receive bonus rewards. 
 
REWARD POINT REDEMPTION 
 
You may redeem points for the following:  
 
� Merchandise, gift cards/certificates, travel (airline, hotel and car rental), and additional redemption options based on the point redemption value associated with the Reward, which may vary depending on the Reward; � A statement credit to your card account at a rate of 1 cent per  point; � A deposit into a Union Bank checking or savings account at a rate of 1.25 cents per  point; � A principal reduction payment to your Union Bank mortgage account at a rate of 1.75 cents per  point.    Page 5 of 5 
 You must have a Union Bank checking account, savings account, or residential mortgage account in an open status with Union Bank to qualify for the last  two point redemption methods referenced above. 
 
When you redeem points for a statement credit to your card account, the statement credit is treated as an additional payment on your account. Y ou are  still required to make your regular monthly account payments as disclosed on your monthly statements. Statement credits will post to your car d account within 5 business days. It may not appear on your monthly statement for 1 to 2 billing cycles.  
 
When you redeem points for a deposit into a Union Bank checking or savings account, the deposit will post to your checking or savings account withi n 5 business days. 
 
When you redeem points for a principal reduction payment to your Union Bank mortgage account, the payment will be applied as an extra principal paym ent  and will not count toward your regular monthly payment. You are still required to make your regular mortgage account payments as disclosed o n your monthly statements. Principal reduction payments will post to your mortgage account within 5 business days. It may not appear on your mortgage account monthly statement for 1 to 2 billing cycles.  
 
We may also provide additional redemption options from time to time. Redemption options are offered solely in our discretion,  are not guaranteed, and ar e subject to any limits that we may impose. Redemption options may be withdrawn at any time without notice.  
 
The amount of points redeemed for a Reward will be subtracted from your point balance. We may, in our discretion, set a minimum or a maximum number of points that you may redeem in a single transaction. We may adjust this amount from time to time. We also may require that redemptions occur in round increments that we will set in our discretion from time to time. All Rewards are subject to avail ability. We may withdraw, change or replace any Rewar d item. We may also change the number of points required to redeem a Reward, at any time and without prior notice to you. All r edemption transactions ar e final. There are no refunds, exchanges, replacements or conversions for currency, credits, points, or Rewards. Point redemptions for Rewards m ay be subject to shipping, handling or other fees, and shipping restrictions may  apply. 
 
The merchants participating in the Program are not affiliated with us nor are these merchants considered sponsors or co- sponsors of the Program . Al l trademarks are the property of their respective owners. The merchants� terms and conditions apply to their respective gift cards/certificates, merchandi s e and/or services. Upon receiving your Rewards, see each merchant�s specific terms and conditions for complete details, which are subject to change by the merchants at their sole discretion from time to time, subject to applicable law.  
 
REWARD POINT EXPIRATION 
 
Points are redeemed on a first-in, first-out basis and points. Points will expire on or after the third anniversary of the date earned.  
 
PROGRAM CHANGES 
 
We reserve the right to change these Program terms and conditions with or without prior notice (except where required by law). Point redemption amounts may change at any time. 
 
DISQUALIFICATION/TERMINATION  
 
If the account does not remain in good standing, you will not earn future points, cannot redeem points, and you will forfeit any accumulated points previously awarded. An account is in good standing when no event has occurred that allows us to require immediate payment of your entire balance under the Agreement, including, without limitation, failing to make the minimum payment when due, having a payment to us denied, providing us false or misleadi ng information, or other reasons described in the Rewards Program Terms and Conditions. 
 
We reserve the right to disqualify or remove any person or account from participation in the Program, refuse to award or redeem points, or close y our account at any time, for any reason including, but not limited to, your account being inactive (as such term is defined by us  from time to time). If such a disqualification occurs, it may result in the forfeiture of any accumulated points. Closing your account (by you or by us) will result in the termination of your enrollment in the Program, and any accumulated points will be forfeited. 
      
 
Cards are issued and serviced by Union Bank Card Services, a division of MUFG Union Bank, N.A.  
 
�2021 MUFG Union Bank, N.A. All rights reserved. Member FDIC.  Union Bank is a registered trademark and brand name of MUFG Union Bank, N.A. unionbank.com  
 
Union Bank Rewards Visa for The Private Bank (CPB/PBC321AR) �  Web 07/21