FR833282333_GE MONEY PLATINUM CO-BRANDED MAsTERCARD
T&C DC PDF
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GE CAPITAL RETAIL BANK  
sECTION I: RATEs AND FEEs TABLE 
GE MONEY PLATINUM CO-BRANDED MAsTERCARD® ACCOUNT AGREEMENT 
PRICING INFORMATION

Interest Rates and Interest Charges

Annual Percentage Rate 
(APR) for Purchases

APR for Balance Transfers

Account Type 1: 19.99%
Account Type 2: 23.99%
Account Type 1: 19.99%

Account Type 2: 23.99%

APR for Cash Advances

26.99%

Paying Interest

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. 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 $2.00.

Fees

Transaction Fees
•	Balance Transfer
•	Cash Advance
•	Foreign Transaction

Penalty Fees

•	Late Payment

Either $10 or 4% of the amount of each transfer, whichever is greater.

Either $10 or 4% of the amount of each cash advance, whichever is greater.

3% of each transaction.

Up to $35.

How We Will Calculate Your Balance: We use a method called “daily balance”. See your credit card account agreement 
that follows for more details.

sECTION II: RATEs, FEEs AND PAYMENT INFORMATION 
GE MONEY PLATINUM CO-BRANDED MAsTERCARD® ACCOUNT AGREEMENT

How Interest is Calculated

Your Interest Rate

We use a daily rate to calculate the interest on the balance on your account each day. The daily rate is the 
applicable APR times 1/365. Interest will be imposed in amounts or at rates not in excess of those permitted 
by applicable law. 

Account Type 1:

The daily rate for purchases is .05477% (APR 19.99%).

The daily rate for balance transfers is .05477% (APR 19.99%).

The daily rate for cash advances is .07395% (APR 26.99%).

Account Type 2:

The daily rate for purchases is .06573% (APR 23.99%).

The daily rate for balance transfers is .06573% (APR 23.99%).

The daily rate for cash advances is .07395% (APR 26.99%).

When We Charge Interest 

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

How We Calculate 
Interest

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

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

	 •		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.

2.  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:

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

	 •		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.

Balance Transfer and Cash Advances. We charge interest on your balance transfers and cash advances, 
and their related fees, from the date you make the transaction until you pay them in full. You cannot avoid paying 
interest on balance transfers or cash advances or their related fees.

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, balance transfers, cash advances 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;	

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

(c)	balance	transfer	fees	are	added	to	the	balance	transfer	balance;	

(d)	cash	advance	fees	are	added	to	the	cash	advance	balance;	and

(e) foreign transaction fees are added to the purchase 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 $2.00 of interest in any billing cycle in which you owe interest. This charge is added 
proportionately to each balance type. 

How Fees Work

Balance Transfer Fee 

We will charge this fee for each balance transfer you make.

Cash Advance Fee

We will charge this fee for each cash advance you make. For ATM cash advances this fee is in addition to any 
fee the ATM owner may charge you for use of the ATM.

Foreign Transaction Fee

We will charge this fee for purchases or cash advances you make in currencies other than U.S. dollars and/or 
in a country other than the U.S., whether or not the transaction was in a foreign currency. 

If you make a transaction with your account in a currency other than U.S. dollars, MasterCard will convert the 
transaction amount into U.S. dollars using its currency conversion procedure. Under the currency conversion 
procedure  that  MasterCard  currently  uses,  the  non-U.S.  dollar  transaction  amount  is  converted  into  a  U.S. 
dollar amount by multiplying the transaction amount in the non-U.S. dollar currency by a currency conversion 
rate. The currency conversion rate that MasterCard typically uses is either a government mandated rate, or a 
wholesale  rate  provided  to  MasterCard.  The  currency  conversion  rate  that  MasterCard  uses  for  a  particular 
transaction is the rate MasterCard uses for the applicable currency when the transaction is processed. This rate 
may differ from the rate in effect when the transaction occurred or when it was posted to your Account, and 
may be higher than the rate you could have gotten if you had converted U.S. dollars into the foreign currency.

Late Payment Fee

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. Your total minimum payment is the sum of the following: 

1. Any	past	due	amounts;	and

2. The greater of either:

(a) $25;	or

(b)  the sum of (i) the interest, (ii) any late payment charged to your account in the current billing cycle and (iii) 1.0% of the new balance shown on your billing 

statement.

We round up to the next highest whole dollar in figuring your total minimum payment. If your new balance on your billing statement is less than $25, then your 
total minimum payment will be equal to the new balance. 

sECTION III: sTANDARD PROVIsIONs  
GE MONEY PLATINUM CO-BRANDED MAsTERCARD® 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 
any merchant that accepts MasterCard credit cards. You may get cash advances as further explained below. From time to time, we may offer you the 
chance to transfer balances from your other credit card accounts to this account. Details of the terms applicable to balance transfer will be provided with 
the offer. You may not use your account to pay amounts you owe us on this account or any other account you have with us.

Cash Advances. We may offer you the opportunity to get a cash advance with convenience checks that we send you. We may not honor a convenience 
check for any reason stated on the check. You can also get cash or make a withdrawal from any institution or ATM that accepts the card or the account. 
In addition, we will treat any purchase of certain cash like items as cash advances. Cash like items include for example, money orders, cashier’s checks, 
traveler’s  checks,  electronic  or  wire  transfers,  foreign  currency  or  other  in  bank  transactions,  tax  payments,  lottery  tickets  or  other  legalized  gambling 
transactions, court costs, bail bonds and fines.

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.

Transaction Limits. To prevent fraud, we may limit the number or dollar amount of any type of transactions you can make in any particular amount of 
time. We also may decline any particular charge on your account for any reason.

Credit Limit. You will be assigned a credit limit and cash advance limit on your account that we may increase or decrease from time to time. If we approve 
a transaction that makes you go over your credit limit or your cash advance limit, we do not give up any rights under this Agreement and we do not treat 
it as an increase in either 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  information  about  yourself.  We  will  use  the  information  in 
connection with the credit program and for things like creating and updating our 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	965005,	 
Orlando,	FL	32896-5005.	Tell	us	what	information	is	wrong	and	why	you	think	it	is	wrong.	If	you	have	a	copy	of	the	credit	report	that	includes	the	wrong	
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 1-866-848-5625. 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 and agents 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 
GE MONEY PLATINUM CO-BRANDED MAsTERCARD® 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_GE MONEY PLATINUM CO-BRANDED MAsTERCARD
T&C DC PDF
6/12