Summary of Credit Terms - Union Bank Travel Rewards Visa Card 

PLEASE NOTE: If you apply for the Union Bank® Travel Rewards™  Visa® Card and meet our eligibility criteria for the Visa Signature® Card, you agree that 
we may consider your application as one for (and upgrade you to) the Union Bank Rewards Visa Signature Card. 

The rates below reflect the 6/16/22 Prime Rate increase that we will implement on 7/20/22. For accounts opened through 7/19/22, the Summary of Credit 
Terms with your new card will not reflect the increased rate. For accounts opened after 7/19/22, the Summary of Credit Terms will reflect the increased rate.

Interest  Rates  and Interest  Charges 

Annual Percentage  Rate 
(APR) for Purchases 

15.49%  to 25.49%, based on your creditworthiness.

This APR will vary with the market based on the Prime Rate. 

APR for  Balance Transfers 

0.00%  Introductory APR f or the f irst 12 months that your account is open. 

Af ter that, your APR will be 15.49% to 25.49%, based on your 
creditworthiness. This APR will vary with the market based on the Prime Rate. 

APR for  Cash Advances 

26.75%. 

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 af ter 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 f actors 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 

Transaction  Fees 

$0 Introductory Annual Fee f or the f irst year. Af ter that, $49. 

•

Balance Transf er

Either $10 or 3% of  the amount of  each balance transf er, 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  07/20/2022. This information 
may have changed af ter that date. To  f ind 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 

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  this Agreement by: using 
the account or any card, authorizing their use, or making any payment on the account. We have the right to  cha nge the account terms (including the APRs) 
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 division 
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 activities, 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 ask 
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 license 
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 you r application for credit. You 
also  authorize us to obtain credit bureau reports and any other information about you  in connection with the extensions of credit on you r 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 a telephone number, including but not limited to a cellular (mobile) telephone number, you agree that we (including companies working on 
our behalf) have your express con sent to contact you or the Company at the number provided about any of the Company’s Union Bank accounts, and that 
we  may use  text  messaging, artificial  or prerecorded  voice  messages  and  automatic dialing  technology  to  call  you  for any non  -telemarketing  purpose, 
including but not limited to informational, account servicing, and collection calls. Message and data rates 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 you r 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 
waive the  right  to go  to  court  or  to  have the  dispute heard by a  jury (except  as  to any  collection  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  dispute  with us.  Other rights 
available  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 used to pay off or pay down any Union Bank credit card, either opened in 
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 
transfer.  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  transfer  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 requested us  to  send  the  proceeds  of  the balance  transfer  to,  and  you  should  continue  to  pay 
the  minimum payments due on  those accounts  until  you  receive statements from those creditors showing that the balances due them have been paid 
in full. This might not happen until after the balance transfer appears on your billing statement from us. You are liable for any late payments, finance 
charges or disputed amounts on your other accounts. We do not send instructions  to  the other  financial  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 applicable 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 balance, including the amount subject to 
the promotional APR, by the payment due date. 

OVERDRAFT  PROTECTION  LINKED  TO A  UNION BANK  CREDIT CARD 

Service  is limited  to  covering one personal checking account linked to one personal Union  Bank credit card, and both accounts must have a 
common  owner. 
By  enrolling  in Overdraft Protection  Linked  to a  Union Bank Credit Card, you authorize the  Bank to  make advances on your Unio n Bank  Credit 
Card (subject to your available credit) in order to cover transactions (including transfers between checking, money market, and savings accounts) 
presented for 

Page 2 of 5 

payment against  insufficient funds.  We  will  not authorize  transactions requiring  real-time authorization  (such  as ATM  withdrawals,  ATM  or  Debit  Card 
Purchases, and cash withdrawals in a Union Bank branch) using this service. If you attempt a transaction requiring real-time authorization and there are 
insufficient available funds in the linked checking account, the transaction will be declined. Activation of the Overdraft Protection service may take up to 5 
business days following the approval of a new credit card account; for customers with an existing open credit card account, it may take up to 5 business 
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  Advance 
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 example, 
if we  determine that you r 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 business day 
will  not trigger an advance unless another eligible transaction is presented for payment and there is sufficient available credit on the credit card accou nt 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 linked 
checking account may be subject to fees for any uncovered transactions. The total advance amount will appear on the linked checking account sta tement 
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 
monthly  statement  and  be  charged  the  Overdraft  Advance  Annual  Percentage  Rate.  Your  APR  will  be  15.49%  to  25.49%,  based  on 
your  creditworthiness.  This  APR  will  vary  with  the  market  based  on  the  Prime  Rate.  No  grace  period  will  apply  when  calculating  finance 
charges  for Overdraft  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 w  ithout 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 $50 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. 

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 Code (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 compliance 
with this law. 

WASHINGTON  STATE RESIDENTS: Washington state law prohibits discrimination in credit transactions because of race, creed, color, national origin, 
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 
affects 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 cop y 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 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). 

Additionally, if any clause in your Agreement with us conflicts with the federal law protections afforded to members of the Armed Forces, including 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. 

Page 3 of 5 

The  following  is  a  summary of  certain  key  terms and  conditions for  the  Union  Bank  Rewards  Program  for  the  Union  Bank  Travel  Rewards  Visa  Credit 
Card. You will receive complete Program terms and conditions with your account opening materials if your application is approved. 

REWARDS  PROGRAM  TERMS AND  CONDITIONS 

EARNING REWARD POINTS 

Purchases 

You earn points when you (or your authorized user) make “Purchases” of products and services with your credit card, excluding disputed billing items 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, Purchases 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,  after 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.  Points  you 
earn during the billing cycle will  be added to your reward point balance within 7 days after the end of the billing cycle. 

Introductory  Rewards Bonus 

You  will  earn  a  20,000 introductory  reward  points  bonus following  your  first  $1,500  in Purchases  made  within  3  months  of  account opening.  These 
points  will  post  to  your  reward point  balance  within 8  weeks  after  the  close  of  your  third billing  cycle.  You  are  limited to one  introductory  reward  points 
bonus per card account. 

Travel 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 Travel. A “Travel” merchant  is a merchant with  the merchant 
category code (MCC) for “Airlines” (MCC  3000 -3350), “Airlines, Air Carriers (not listed elsewhere)” (MCC  4511), “Hotels” (MCC  3501 -3999), “Car Rental” 
(MCC 3351-3500), “Other Travel” (MCC 4112, 4121, 4131, 4411, 4457, 4722, 4784, 4789, 7012, 7033, 7519, 7523).. After you make $6,000 in Purchases 
on Travel in a year, you will  earn 1 point for each $1.00 spent on Purchases that you make on Travel 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 points) 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” is a merchant with  the merchant 
category code (MCC)  for “Caterers” (MCC 5811), “Eating Places and Restaurants” (MCC 5812), "Drinking Places (Alcoholic Beverages), Bars, Taverns, 
Cocktail Lounges, Nightclubs and Discotheques” (MCC 5813), “Fast Food Restaurants” (MCC 5814).  After you make $6,000 in Purchases at Restaurants 
in a year, you will earn 1 point for each $1.00 spent on Purchases that you make at Restaurants for the remainder 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 Travel 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 processed 
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 red emption 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 1.50 cents per point. 

• 
• 
• 

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. You  are 
still required to make your regular monthly account payments as indicated on your monthly statements. Statement credits will post to your card 
account within 5 business days. It may not appear on your monthly statement for 1 to 2 billing cycles. 

Page 4 of 5 

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 within 5 
business days. 

When you redeem points for a principal reduction payment to your Union Bank mortgage account, the payment will be ap plied as an extra principal payment 
and will not count toward your regular monthly payment. You are still required to  make your  regular mortgage account payments as indicated on 
your monthly  mortgage 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 are 
subject to any limits that we may impose. Redemptions 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 availability. We may withdraw, change or replace any Reward 
item. We may also change the number of points required to redeem a Reward, at any time and without prior notice to you. All redemption transactions are 
final.  There are no refunds, exchanges,  replacements  or conversions  for currency,  credits,  points,  or Rewards.  Point  redemptions for  Re  wards  may 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. All 
trademarks are the property of their respective owners. The merchants’ terms and conditions apply to their respective gif t cards/certificates, merchandise 
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. 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 misleading 
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  your 
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. 

©2022 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 Travel Rewards Visa Card (CTR/CTR321TR) – Web 07/22 

Page 5 of 5