FR833282333_AMAZON.cOM STORE cARd
T&C PLCC PDF
6/12

GE cAPITAL RETAIL BANK 
SEcTION I: RATES ANd FEES TABLE 
AMAZON.cOM STORE cARd AccOUNT AGREEMENT
PRIcING INFORMATION

Interest Rates and Interest charges

Annual Percentage Rate 
(APR) for Purchases

How to Avoid Paying Interest

The APR for purchases is the prime rate plus 22.74%.

This APR will vary with the market based on the Prime Rate.

Your due date is at least 23 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. 

Minimum Interest charge

If you are charged interest, the charge will be no less than $1.50.

Fees

Penalty Fees

•	Late Payment

Up to $35

How We Will calculate Your Balance: We use a method called “daily balance”. See your credit card account agreement on the 
next page for more details.

SEcTION II: RATES, FEES ANd PAYMENT INFORMATION 
AMAZON.cOM STORE cARd AccOUNT AGREEMENT

How Interest is calculated

Your Interest Rate

The  APR  for  purchases  is  the  prime  rate  plus  22.74%.  We  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. As of April 1, 2012 
the daily rate for purchases was .07121% (APR 25.99%). Interest will be imposed in amounts or at rates not in 
excess of those permitted by applicable law.

daily 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 billing cycle is the highest bank prime loan rate published in The Wall Street Journal 
in  its  Money  Rates  section  on  the  last  business  day  of  the  calendar  month  preceding  the  first  day  of  the  
billing cycle.

If  the  prime  rate  increases,  the  daily  rate  and  APR  will  increase.  As  a  result,  interest,  your  total  minimum 
payment and the number of payments it would take you to pay off your account balance may increase. We 
apply any change in rates because of a prime rate change to 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 select a new interest 
rate index if the prime rate is not available. 

When We charge Interest 

We charge interest on your purchases from the date you make the purchase until you pay the purchase in full. 
See exceptions below.

•	 	We	will	not	charge	you	interest	during	a	billing	cycle	on	any	purchases	if:

1. You had no balance at the start of the billing cycle; OR

2. You 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.

•	 	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:

1. You had no balance at the start of the previous billing cycle; OR

2. You 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 billing cycle.

How We calculate Interest

How Fees Work 

Late Payment Fee 

We figure the interest charge on your account separately for each balance type. We do this by applying the 
daily rate to the daily balance for each day in the billing cycle. A separate daily balance is calculated for the 
following	 balance	 types,	 as	 applicable:	 purchases	 and	 balances	 subject	 to	 different	 interest	 rates,	 plans	 or	
special promotions. See below for how this works.

  1.  How to get the daily balance. We take the starting balance each day, add any new charges and fees, and 

subtract any payments or credits. This gives us the daily balance.

We	apply	fees	to	balance	types	as	follows:

(a) late payment fees are treated as new purchases; and 

(b) debt cancellation fees are added proportionately to each balance.

  2. How to get the daily interest amount. We multiply each daily balance by the daily rate that applies.

  3.  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.

  4.  How to get the interest charge for the billing cycle. We add all the daily interest amounts that were charged 

during the billing cycle.

We charge a minimum of $1.50 of interest in any billing cycle in which you owe interest. This charge is added 
proportionately to each balance type.

We 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	equal	to:

  1.  $25, if you have paid your total minimum payment due by the due date in each of the prior six billing 

cycles.

  OR

  2.  $35, 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.

The late payment fee will not be more than the total minimum payment that was due.

Minimum Payment calculation

Your total minimum payment is calculated as follows.

The	greater	of:

1.  $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 the prior 

six billing cycles.

OR

2.	The	sum	of:

a. Any past due amounts; PLUS

b. 1% of your new balance shown on your billing statement; PLUS

c. Any late payment fees charged in the current billing cycle; PLUS

d. All interest charged in the current billing cycle; PLUS

e. Any payment due in connection with a special promotional purchase with a unique payment calculation. 

We 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.

Special Promotional Financing Offer Information

At  times,  we  may  offer  you  special  financing  promotions  for  certain  transactions  (“special  promotions”).  The  terms  of  this  Agreement  apply  to  any  special 
promotions. However, any special promotional terms that are different than the terms in this Agreement will be explained on promotional advertising or other 
disclosures	provided	to	you.	Below	is	a	description	of	certain	special	promotions	that	may	be	offered:	

•	 No Interest if Paid in Full Within 6 Months

•	 No Interest if Paid in Full Within 12 Months

•	 No Interest if Paid in Full Within 18 Months

•	 No Interest if Paid in Full Within 24 Months

•	 No Interest if Paid in Full Within 36 Months

For  each  promotion,  if  the  promotional  balance  is  not  paid  in  full  within  the  promotional  period, 
interest will be imposed from the date of purchase at the APR that applies to your account when the 
promotional purchase is made.

At the time your account is opened, this is a variable APR of 25.99%. 

This APR will vary with the market based on the prime rate.

When you make a qualifying purchase under one of these promotions, no interest will be assessed on the purchase if you pay the following (the “promotional 
balance”)	in	full	within	the	applicable	promotional	period:	(1)	the	promotional	purchase	amount,	and	(2)	any	related	optional	credit	insurance/debt	cancellation	
charges.  If  you  do  not,  interest  will  be  assessed  on  the  promotional  balance  from  the  date  of  the  purchase.  Minimum  monthly  payments  are  required. 
Regular	account	terms	apply	to	non-promotional	purchases	and,	after	promotion	ends,	to	promotional	purchases.	Offers	are	subject	to	credit	approval.	These	
promotional 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 
full terms of any special promotion offered. 

SEcTION III: STANdARd PROVISIONS  
AMAZON.cOM STORE cARd AccOUNT AGREEMENT

ABOUT THE cREdIT cARd AccOUNT AGREEMENT

This Agreement. This is an Agreement between you and GE Capital Retail Bank, 170 Election Road, Suite 125, Draper, UT 84020, for your credit card 
account shown 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 document and the application 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 or at the same time.

Parties To This Agreement. This Agreement applies to each accountholder approved on the account and each of you is responsible for paying the full 
amount 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 “you” or “your”.  
GE Capital Retail Bank may be referred to as “we”, “us” or “our”.

changes To This Agreement. We may change, add or delete terms of this Agreement, including interest rates, fees and charges.

Special Promotions. The terms of this Agreement apply to any special promotion. However, any special promotional terms that are different than the 
terms in this Agreement will be explained on promotional advertising or other disclosures provided to you.

HOW TO USE YOUR AccOUNT/cARd

Use Of Your Account. You may use your account only for lawful personal, family or household purposes. You may use your account for purchases from 
Amazon.com.

You Promise To Pay. You promise to pay us for all amounts owed to us under this Agreement. 

Your 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 someone else, you will be responsible for paying for all charges resulting from their transactions. 

Purchase 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 particular charge on your account for any reason.

credit 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 limit, we do not give up any rights under this Agreement and we do not treat it as an increase in your credit limit.

HOW ANd WHEN TO MAKE PAYMENTS

When 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 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 
additional	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	
making credit available on your account in the amount of your payment even though we will credit your payment when we receive it.

Payment 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 
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 
the United States.

How 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 delayed up to five days. Your billing statement also explains how information on your check is used.

Payment Allocation. We will apply the required total minimum payment to balances on your account using any method we choose. Any payment you 
make in excess 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 excess payments in a different manner in certain situations, such as when your account has a certain type of special promotion.

INFORMATION ABOUT YOU 

Using And Sharing Your Information. When you applied for an account, you gave us and Amazon.com information about yourself that we could share 
with each other. Amazon.com 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 information about how we use and share information is set forth in the privacy policy for your account. 

Address/Phone change. You agree to tell us right away if you change your address or phone number(s). We will contact you at the address or phone 
number in our records until we update our records with your new address or phone number.

consent To communications. You consent to us contacting you using all channels of communication and for all purposes. We will use the contact 
information you provide to us. You also consent to us and any other owner or servicer of your account contacting you using any communication channel. 
This may include text messages, automatic telephone dialing systems and/or an artificial or prerecorded voice. This consent applies even if you are charged 
for the call under your phone plan. You are responsible for any charges that may be billed to you by your communications carriers when we contact you.

Telephone Monitoring. For quality control, you allow us to listen to and/or record telephone calls between you and us.

IMPORTANT INFORMATION ABOUT YOUR AccOUNT 

closing 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 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 Agreement will remain in effect until you do.

collection 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 costs and reasonable attorneys’ fees.

credit  Bureau  Reporting.  We  may  report  information  about  your  account  to  credit  bureaus.  Late  payments,  missed  payments,  or  other  defaults 
on  your  account  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 965015, Orlando, FL 32896-5015. 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, send us a copy. 

default. 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 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 action allowed. 

disputed 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 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 rights under this Agreement if we accept a payment marked “payment in full” or given with any other conditions or limitations.

Unauthorized Use. If your card is lost, stolen or used without your consent, call us immediately at (866) 634-8379. You will not be liable for unauthorized 
use on your account, but you will be responsible for all use by anyone you give your card to or allow to use your account.

IMPORTANT INFORMATION ABOUT THIS AGREEMENT 

Assignment. 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 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.

Enforceability. If any part of this Agreement is found to be void or unenforceable, all other parts of this Agreement will still apply.

Governing 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 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.

Waiver. 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.

RESOLVING A dISPUTE WITH ARBITRATION 

PLEASE REAd THIS SEcTION cAREFULLY. IF YOU dO NOT REJEcT IT, THIS SEcTION WILL APPLY TO YOUR AccOUNT, ANd MOST 
dISPUTES  BETWEEN  YOU  ANd  US  WILL  BE  SUBJEcT  TO  INdIVIdUAL  ARBITRATION.  THIS  MEANS  THAT:  (1)  NEITHER  A  cOURT 
NOR  A  JURY  WILL  RESOLVE  ANY  SUcH  dISPUTE;  (2)  YOU  WILL  NOT  BE  ABLE  TO  PARTIcIPATE  IN  A  cLASS  AcTION  OR  SIMILAR 
PROcEEdING; (3) LESS INFORMATION WILL BE AVAILABLE; ANd (4) APPEAL RIGHTS WILL BE LIMITEd.

•	What	claims	are	subject	to	arbitration

1.  If 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 

account, and us, our affiliates, agents and/or Amazon.com if it relates to your account, except as noted below. 

2.		We	will	not	require	you	to	arbitrate:	(1)	any	individual	case	in	small	claims	court	or	your	state’s	equivalent	court,	so	long	as	it	remains	an	
individual 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 
any wrongdoing, we may require you to arbitrate.

3.  Notwithstanding  any  other  language  in  this  section,  only  a  court,  not  an  arbitrator,  will  decide  disputes  about  the  validity,  enforceability, 
coverage or scope of this section or any part thereof (including, without limitation, the next paragraph of this section and/or this sentence). 
However, any dispute or argument that concerns the validity or enforceability of the Agreement as a whole is for the arbitrator, not a court, to 
decide.

•	No	Class	Actions

YOU AGREE NOT TO PARTIcIPATE IN A cLASS, REPRESENTATIVE OR PRIVATE ATTORNEY GENERAL AcTION AGAINST US IN 
cOURT OR ARBITRATION. ALSO, YOU MAY NOT BRING cLAIMS AGAINST US ON BEHALF OF ANY AccOUNTHOLdER WHO IS 
NOT AN AccOUNTHOLdER ON YOUR AccOUNT, ANd YOU AGREE THAT ONLY AccOUNTHOLdERS ON YOUR AccOUNT MAY 
BE JOINEd IN A SINGLE ARBITRATION WITH ANY cLAIM YOU HAVE. 

If 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, 
and	the	court’s	determination	shall	be	subject	to	appeal.	This	paragraph	does	not	apply	to	any	lawsuit	or	administrative	proceeding	filed	against	
us 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 
that we will not have the right to compel arbitration of any claim brought by such an agency.

•	How	to	start	an	arbitration,	and	the	arbitration	process

1.  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   
papers  filed  in  the  lawsuit.  Otherwise,  your  notice  must  be  sent  to  GE  Capital  Retail  Bank,  Legal  Operation,  P.O.  Box  29110,   
Shawnee	Mission,	KS	66201,	ATTN:	ARBITRATION	DEMAND.	The	party	seeking	arbitration	must	select	an	arbitration	administrator,	which	
can be either the American Arbitration Association (AAA), 1633 Broadway, 10th Floor, New York, NY 10019, www.adr.org, (800) 778-7879, or 
JAMS, 620 Eighth Avenue, 34th Floor, New York, NY 10018, www.jamsadr.com, (800) 352-5267. If neither administrator is able or willing to 
handle the dispute, then the court will appoint an arbitrator. 

2.		If	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	

arbitration, which is granted, it will be the responsibility of the party asserting the claim(s) to commence the arbitration proceeding.

3.  The 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 experience. Once appointed, the arbitrator must apply the same law and legal principles, consistent with the FAA, that would 
apply in court, but may use different procedural rules. If the administrator’s rules conflict with this Agreement, this Agreement will control.

4.  The 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 
arbitrator 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, 
to the extent you prevail on claims you assert against us in an arbitration proceeding which you have commenced.

•	Governing	Law	for	Arbitration

 This Arbitration section of your Agreement is governed by the Federal Arbitration Act (FAA). Utah law shall apply to the extent state law is relevant 
under	the	FAA.	The	arbitrator’s	decision	will	be	final	and	binding,	except	for	any	appeal	right	under	the	FAA.	Any	court	with	jurisdiction	may	enter	
judgment	upon	the	arbitrator’s	award.

•	How	to	reject	this	section

 You	may	reject	this	Arbitration	section	of	your	Agreement.	If	you	do	that,	only	a	court	may	be	used	to	resolve	any	dispute	or	claim.	
To	reject	this	section,	you	must	send	us	a	notice	within	60	days	after	you	open	your	account	or	we	first	provided	you	with	your	right	
to	reject	this	section.	The	notice	must	include	your	name,	address	and	account	number,	and	must	be	mailed	to	GE	Capital	Retail	
Bank,	P.O.	Box	965012,	Orlando,	FL	32896-5012.	This	is	the	only	way	you	can	reject	this	section.

	
 
	
 
	
	
 
	
 
 
	
 
	
 
SEcTION IV: OTHER IMPORTANT INFORMATION 
AMAZON.cOM STORE cARd AccOUNT AGREEMENT
This 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 agreement posted online or provided to the CFPB.

FR833282333_AMAZON.cOM STORE cARd
T&C PLCC PDF
6/12