Diners Club Credit Card
Cash Advances" for details relating to how these rates may change.
but not less than $4. The amount of the cash advance may include a surcharge that the
Variable Annual Percentage Rates for Purchases and Cash Advances
ATM owner imposes.
Cardmember Agreement
The APR will vary with the market based on the Prime Rate. If any annual percentage rate
Minimum Interest Charge
Cardmember Agreement
is based on the U.S. Prime Rate plus a margin, we will calculate the rate for each billing
If interest charges based on periodic rates are being added to your account, but the total
This document and the card carrier that is sent with the card together make up your Card
period by adding the applicable margin that appears on the Facts about Interest and Fees
of such interest charges for purchases and cash advances is less than $.50, we assess a
Agreement and throughout this document are referred to as Agreement or Card
table to the U.S. Prime Rate published in The Wall Street Journal on the 25th day of each
minimum INTEREST CHARGE, of $.50. We add the amount to the feature that is being
Agreement. The card carrier contains important account information, including your annual
month. If the Wall Street Journal is not published on that day we will use the rate published
assessed an interest charge. If more than one feature is assessed an interest charge, we
percentage rates and Facts about Interest and Fees. Please read and keep these
in the immediately preceding edition. Any increase or decrease in a variable annual
may add the minimum interest charge to any such feature at our discretion.
documents for your records. This Agreement is binding on you unless you cancel your
percentage rate due to a change in the U.S. Prime Rate takes effect as of the first day of
Credit Balance
account within 30 days after receiving the card and you have not used or authorized use of
the following billing period. If The Wall Street Journal ceases publication or to publish the
You may not maintain a credit balance on your account in excess of your credit limit. We
your account.
U.S. Prime Rate, we may use the U.S. Prime Rate published in any other newspaper of
will return to you any credit amount over $1.00 if the amount has been on your account
general circulation, or we may substitute a similar reference rate at our sole discretion.
To simplify this Agreement for you, the following definitions will apply. The words you,
When a change in an applicable variable annual percentage rate takes effect we will apply
longer than six months. You may request a refund of a credit balance at any time. We may
your, and yours mean all persons responsible for complying with this Agreement, including
reduce the amount of any credit balance by the amount of new charges billed to your
it to any existing balances, subject to any promotional rate that may apply.
the person who applied to open the account and the person to whom we address billing
account.
statements. The word card means one or more cards or other access devices, such as
An increase in the variable annual percentage rate means you will incur a higher interest
Transaction Fee for Purchases Made in Foreign Currencies
account numbers, that we have issued to permit you to obtain credit under this Agreement.
charge, and perhaps a higher minimum payment.
For each purchase made in a foreign currency, we add to your account a transaction fee
The words we, us, and our mean BMO Harris Bank N.A. formerly Harris N.A., and its
Promotional Rate and Fee Offers
of 3.0% of the amount of the purchase after its conversion into U.S. dollars.
successors and assigns, the issuer of your account. The words authorized user mean any
At our discretion, we may offer you a promotional annual percentage rate for all or a part of
person to whom you give permission to use your account.
Information on Foreign Currency Conversion Procedures
any balances. We may also offer you a promotional fee. The period of time for which the
Any purchase you make in a foreign currency or any cash advance you obtain in a foreign
Using Your Account and Your Credit Line
promotional rate applies may be limited. Any applicable promotional rate or fee, the
currency will be charged to your account in U.S. dollars after being converted by
The card must be signed to be used. Whether you sign the card or not, you are fully
corresponding periodic rates, and the period of time during which it is in effect will appear
MasterCard® MasterCard will act according to its procedures then in effect. MasterCard
responsible for complying with all the terms of this Agreement, including the obligation to
on the offer or card carrier. Any promotional rate or fee offer will be subject to the terms of
uses a conversion rate in effect on the day the purchase or cash advance transaction is
pay us for all balances due on your account as specified in this Agreement. Your card
the offer and this Agreement.
processed. The MasterCard conversion rate is either a government-mandated rate or a
must only be used for lawful transactions.
Interest Charges
wholesale market rate.
Your card can be used to buy or lease goods or services wherever the card is honored.
Interest charges for purchases and cash advances will begin to accrue from the date the
Your account has a credit limit. The full amount of the credit limit is available to use where
transaction is added to the daily balance, as described below, and continue to accrue until
The foreign currency conversion rate in effect on the processing date for a transaction may
the card is honored. With the Club Cash feature, your card can be used for cash
payment in full is credited to your account. In order to be eligible for a grace period and to
differ from the rate in effect on the sale or posting date on your billing statement for that
advances through any bank or automated teller machine that accepts the card subject to
avoid paying additional interest charges on purchases, you must pay the total New
transaction. If a transaction is converted by a third party prior to that transaction being
your credit limit. Subject to applicable law, we may reduce your credit limit at any time. We
Balance listed on the last billing statement by the payment due date on that statement.
processed by MasterCard, the foreign currency conversion rate for that transaction will be
will notify you of any new limit either by sending you a notice or through your billing
We will calculate interest charges as follows
the rate selected by that third party.
statement. A change may take effect before you receive notification from us. You should
We figure a portion of the interest charge on your account by multiplying the daily
always keep your total balance below the credit limit. However, if the total due goes over
balance on each feature (e.g., standard purchases and standard advances) by the
Minimum Payment
the credit limit, you must still pay us.
applicable daily periodic rate and separately adding together any such interest
Each month you must make a Minimum Payment that is calculated as follows. First, we
charges for each feature for each day in the billing period.
begin with the greater of any amount that is past due or any amount in excess of your
Additional Cards
credit limit. Second, we add the largest of the following:
For interest charge calculation purposes, the billing period begins on the day after
You may request additional cards on your account for yourself or others and you may
permit an authorized user to have access to the card or account number. However, if you
the Statement/Closing Date of the previous billing period and includes the
The New Balance on the billing statement if it is less than $20;
$20 if the New Balance is at least $20;
do, you must pay us for all charges made by those persons, including charges for which
Statement/Closing Date of the current billing period. The number of days in the
billing period may vary.
1% of the New Balance (which calculation is rounded down to the nearest dollar)
you may not have intended to be responsible. You must notify us to revoke an authorized
user's permission to use your account. If you do so, we may close the account and issue a
To get the daily balance, we take the beginning balance for each feature every day
plus the amount of your billed interest charges and any applicable late fee;or
new card or cards with a different account number. You are responsible for the use of
(which may include unpaid interest charges from previous billing periods), add any
1.5% of the New Balance (which calculation is rounded down to the nearest dollar).
each card issued on your account according to the terms of this Agreement.
new transactions, any new fees, and any interest charge on the previous day's
balance, subtract any credits or payments credited as of that day, and make other
However, the Minimum Payment will never exceed your New Balance. In calculating the
Billing
adjustments. A credit balance is treated as a balance of zero.
Minimum Payment, we may subtract from the New Balance certain fees added to your
Your billing statement shows the New Balance, any interest charges or fees imposed
We add a new purchase to the appropriate purchase balance as of the Transaction
account during the billing period.
during the billing cycle, the minimum payment, and the payment due date. It also shows
date shown on your billing statement.
Payments
your current credit limit; an itemized list of current charges, payments and credits; an
We add a new cash advance to the appropriate purchase or advance balance as of
You must pay at least the Total Minimum Payment Due shown on each statement by the
interest charge summary; and other important information. If we deem your account
the Post date shown on your billing statement. The Post date is the date we receive
payment due date, and you may pay more at any time without a penalty. The New
uncollectible or if we institute delinquency collection proceedings by sending it to an
your request for the cash advance.
Balance shown on your billing statement may include amounts subject to different periodic
outside collection agency or attorney for collection, we may, in our sole discretion, stop
rates. Unless otherwise required by applicable law, we will allocate the amount equal to
sending billing statements, unless otherwise prohibited by applicable law. You must notify
The Balance Subject to Interest Rate on the billing statement are the averages of the
your Total Minimum Payment Due and credits to pay off balances at low periodic rates
us of a change in your address by contacting Customer Service by telephone or mail. We
respective daily balances during the billing period. If you multiply this figure for each
before paying off balances at higher periodic rates. For any payment amount over the
will mail or deliver the billing statement to only one address.
feature by the number of days in the billing period and by the applicable daily periodic rate,
Total Minimum Payment Due, we will allocate such amounts to pay off balances at high
How We Determine the Balance
the result will be the periodic rate interest charges assessed for that feature, except for
periodic rates before paying off balances at lower periodic rates. The sooner you pay the
The total outstanding balance (the amount you owe us) appears as the "New Balance" on
minor variations caused by rounding. This method of calculating the balance subject to
New Balance, the less you will pay in interest charges. We may also allow you to skip a
the billing statement. To determine the New Balance, we begin with the outstanding
interest charge and the periodic rate interest charges results in daily compounding of
payment. If we do, we will notify you. If you choose to skip a payment when offered, we will
balance on your account at the beginning of each billing period, called the "Previous
interest charges.
continue to assess interest charges.
Balance" on the billing statement. We add any purchases or cash advances and subtract
Transaction Fee for Club Cash Advances
Instructions for making payments are on your billing statement. In order to be credited as
any credits or payments credited as of that billing period. We then add the appropriate
You have obtained a cash advance for which we assess a cash advance transaction fee if
of a particular day, your payment must be received in the form specified, and by the hour
Interest charges and fees and make other applicable adjustments.
you obtain funds from an automated teller machine (ATM), through home banking, or
specified, in those instructions. Do not send cash payments. We can accept late or partial
Annual Percentage Rates for Purchases and Cash Advances
through a financial institution; make a wire transfer; acquire a money order, traveler's
payments, as well as payments that reflect "paid in full" or other restrictive endorsements,
Your annual percentage rates and the corresponding daily periodic rates appear on the
check, lottery ticket, betting or casino chip, or similar item; or engage in another similar
without losing any of our rights under this Agreement. You agree to pay us in U.S. dollars
Facts about Interest and Fees table. A daily periodic rate is the applicable annual
transaction. For each cash advance, we add an additional charge of 4.0% of the advance,
drawn on funds on deposit in the United States using a payment check, similar instrument,
percentage rate divided by 365. Whether or not an annual percentage rate is based on the
U.S. Prime Rate plus a margin is indicated on the Facts about Interest and Fees table.
Please see the section entitled "Variable Annual Percentage Rates for Purchases and
1
2
3
to accept payments made in foreign currency and instruments drawn on funds on deposit
fees we incur, plus the costs and expenses of any legal action.
What procedures and law are applicable in arbitration? A single, neutral
outside the United States. If we do, we will select the effective currency conversion rate at
ARBITRATION
arbitrator will resolve Claims. The arbitrator will be either a lawyer with at least ten
our discretion and credit your account in U.S. dollars after deducting any fees or costs
PLEASE READ THIS PROVISION OF THE AGREEMENT CAREFULLY. IT PROVIDES
years experience or a retired or former judge, selected in accordance with the rules
incurred in connection with processing your payment. If such fees or costs are not fully
THAT ANY DISPUTE MAY BE RESOLVED BY BINDING ARBITRATION.
of the arbitration firm. The arbitration will follow procedures and rules of the
deducted at the time your account is credited for a payment, we will bill you separately for
ARBITRATION REPLACES THE RIGHT TO GO TO COURT, INCLUDING THE RIGHT
arbitration firm in effect on the date the arbitration is filed unless those procedures
them.
TO A JURY AND THE RIGHT TO PARTICIPATE IN A CLASS ACTION OR SIMILAR
and rules are inconsistent with this Agreement, in which case this Agreement will
PROCEEDING. IN ARBITRATION, A DISPUTE IS RESOLVED BY AN ARBITRATOR
prevail. Those procedures and rules may limit the discovery available to you or us.
Optional Payment Service
INSTEAD OF A JUDGE OR JURY. ARBITRATION PROCEDURES ARE SIMPLER AND
The arbitrator will take reasonable steps to protect customer account information
You may pay your account online or you may request to make your payment by phone
MORE LIMITED THAN COURT PROCEDURES.
and other confidential information if requested to do so by you or us. The arbitrator
using our optional telephone payment service. Subject to applicable law, each time a
will apply applicable substantive law consistent with the FAA and applicable
representative of ours helps expedite your payment, you agree to pay us $14.95. Our
Agreement to Arbitrate
statutes of limitations, will honor claims of privilege recognized at law, and will have
representatives are trained to tell you this amount if you decide to use this optional
Either you or we may, without the other's consent, elect mandatory, binding arbitration for
the power to award to a party any damages or other relief provided for under
telephone payment service.
any claim, dispute, or controversy between you and us (called "Claims").
applicable law. You or we may choose to have a hearing and be represented by
Late Fee
Claims Covered
counsel. The arbitrator will make any award in writing and, if requested by you or
We will add a late fee to the standard purchase balance for each billing period you fail to
What Claims are subject to arbitration? All Claims relating to your account, a
us, will provide a brief statement of the reasons for the award. An award in
pay, by its due date, the Minimum Payment. This late fee is based on your account
prior related account, or our relationship are subject to arbitration, including Claims
arbitration shall determine the rights and obligations between the named parties
balance as of the payment due date. The late fee is: up to $15 on balances up to $100, up
regarding the application, enforceability, or interpretation of this Agreement and this
only, and only in respect of the Claims in arbitration, and shall not have any bearing
to $29 on balances of $100 up to $1,000, and up to $35 on balances of $1,000 and over.
arbitration provision. All Claims are subject to arbitration, no matter what legal
on the rights and obligations of any other person, or on the resolution of any other
The fee will not exceed the amount permitted by applicable law.
theory they are based on or what remedy (damages, or injunctive or declaratory
dispute.
relief) they seek. This includes Claims based on contract, tort (including intentional
Who pays? Whoever files the arbitration pays the initial filing fee. If we file, we pay;
Returned Payment Fee
tort), fraud, agency, your or our negligence, statutory or regulatory provisions, or
if you file, you pay, unless you get a fee waiver under the applicable rules of the
We may add a fee of up to $29 to the standard purchase balance when a payment check
or similar instrument is not honored, when we must return it because it cannot be
any other sources of law; Claims made as counterclaims, crossclaims, third-party
arbitration firm. If you have paid the initial filing fee and you prevail, we will
processed, or when an automatic debit is returned unpaid. At our option, we may assess
claims, interpleaders or otherwise; and Claims made independently or with other
reimburse you for that fee. If there is a hearing, we will pay any fees of the
this fee the first time your check or payment is not honored, even if it is honored upon
claims. A party who initiates a proceeding in court may elect arbitration with respect
arbitrator and arbitration firm for the first day of that hearing. All other fees will be
to any Claim advanced in that proceeding by any other party. Claims and remedies
allocated as provided by the rules of the arbitration firm and applicable law.
resubmission. The fee will not exceed the amount permitted by applicable law.
sought as part of a class action, private attorney general or other representative
However, we will advance or reimburse your fees if the arbitration firm or arbitrator
Other Fees
action are subject to arbitration on an individual (nonclass, nonrepresentative)
determines there is good reason for requiring us to do so, or if you ask us and we
To the extent permitted by applicable law, your Account will be subject to the following
basis, and the arbitrator may award relief only on an individual (nonclass, non-
determine there is good reason for doing so. Each party will bear the expense of
fees:
representative) basis.
that party's attorneys, experts, and witnesses, and other expenses, regardless of
Research Documentation Fee: If you request a copy of a billing statement, sales
Whose Claims are subject to arbitration? Not only ours and yours, but also
which party prevails, but a party may recover any or all expenses from another
slip or other documents in connection with your account, you account will be
Claims made by or against anyone connected with us or you or claiming through us
party if the arbitrator, applying applicable law, SO determines.
subject to a charge of $3.00.
or you, such as a co-applicant or authorized user of your account, an employee,
Who can be a party? Claims must be brought in the name of an individual person
agent, representative, affiliated company, predecessor or successor, heir,
or entity and must proceed on an individual (nonclass, nonrepresentative) basis.
Lost or Stolen Cards or Account Numbers
assignee, or trustee in bankruptcy.
The arbitrator will not award relief for or against anyone who is not a party. If you or
If any card or account number is lost or stolen, or if you think someone used or may use
What time frame applies to Claims subject to arbitration? Claims arising in the
we require arbitration of a Claim, neither you, we, nor any other person may pursue
them without your permission, notify us at once by calling the Customer Service telephone
number shown on the billing statement or the number obtained by calling toll-free or local
past, present, or future, including Claims arising before the opening of your
the Claim in arbitration as a class action, private attorney general action or other
account, are subject to arbitration.
representative action, nor may such Claim be pursued on your or our behalf in any
Directory Assistance. We may require you to provide certain information in writing to help
litigation in any court. Claims, including assigned Claims, of two or more persons
us find out what happened, and to comply with such procedures as we may require in
Broadest interpretation. Any questions about whether Claims are subject to
may not be joined or consolidated in the same arbitration. However, applicants, CO-
connection with our investigation. Don't use the card or account number after we've been
arbitration shall be resolved by interpreting this arbitration provision in the broadest
applicants, authorized users on a single account and/or related accounts, or
notified, even if they are found or returned. You may be liable for unauthorized use of the
way the law will allow it to be enforced. This arbitration provision is governed by the
corporate affiliates are here considered as one person.
account, but not for more than $50. You won't be liable for unauthorized purchases or
Federal Arbitration Act (the "FAA").
cash advances made after we've been notified of the loss or the theft; however, you must
When is an arbitration award final? The arbitrator's award is final and binding on
What about Claims filed in Small Claims Court? Claims filed in a small claims
identify for us the charges on the billing statement that were not made by you, or someone
the parties unless a party appeals it in writing to the arbitration firm within fifteen
court are not subject to arbitration, so long as the matter remains in such court and
authorized by you, and from which you received no benefit.
days of notice of the award. The appeal must request a new arbitration before a
advances only an individual (nonclass, nonrepresentative) Claim.
panel of three neutral arbitrators designated by the same arbitration firm. The panel
Default
How Arbitration Works
will consider all factual and legal issues anew, follow the same rules that apply to a
You default under this Agreement if you fail to pay, by its due date, the Total Minimum
How does a party initiate arbitration? The party filing arbitration must choose
proceeding using a single arbitrator, and make decisions based on the vote of the
Payment Due listed on each billing statement; file for bankruptcy; pay by a check or similar
one of the following two arbitration firms and follow its rules and procedures for
majority. Costs will be allocated in the same way they are allocated for arbitration
instrument that is not honored or that we must return because it cannot be processed; pay
initiating and pursuing an arbitration: American Arbitration Association or JAMS.
before a single arbitrator. An award by a panel is final and binding on the parties
by automatic debit that is returned unpaid; or default under any other Card Agreement that
Any arbitration hearing that you attend will be held at a place chosen by the
after fifteen days has passed. A final and binding award is subject to judicial review
you have with us. If you default, we may, subject to applicable law, close your account and
arbitration firm in the same city as the U.S. District Court closest to your then
and enforcement as provided by the FAA or other applicable law.
demand immediate payment of the total balance. For residents of New Hampshire:
current billing address, or at some other place to which you and we agree in writing.
Reasonable attorneys' fees will be rewarded to you if you prevail in any action or suit
You may obtain copies of the current rules of each of the arbitration firms and forms
brought by BMO Harris Bank N.A. Also, if you successfully assert a partial defense or
Survival and Severability of Terms
and instructions for initiating an arbitration by contacting them as follows:
counterclaim to an action brought by BMO Harris Bank N.A, the court may withhold from
This arbitration provision shall survive: (i) termination or changes in the Agreement, the
BMO Harris Bank N.A. the entire amount or such portion of the attorneys' fees as the court
account, or the relationship between you and us concerning the account; (ii) the
American Arbitration Association
bankruptcy of any party; and (iii) any transfer, sale or assignment of your account, or any
considers equitable.
800-778-7879 (toll free) Website: www.adr.org
amounts owed on your account, to any other person or entity. If any portion of this
Preauthorized Charges
arbitration provision is deemed invalid or unenforceable, the entire arbitration provision
If you default, if the card is lost or stolen, or we change your account or account number
JAMS
shall not remain in force. No portion of this arbitration provision may be amended, severed,
for any reason, we may suspend automatic charges on that account to third party vendors
800-352-5267 Website: www.jamsadr.com
or waived absent a written agreement between you and us.
for insurance premiums or other goods or services. If preauthorized charges are
suspended, you must contact the third party vendor to reinstate them. You are responsible
At any time you or we may ask an appropriate court to compel arbitration of Claims,
Credit Reporting
for making direct payment for such charges until you reinstate automatic charges.
or to stay the litigation of Claims pending arbitration, even if such Claims are part of
We may report information about your account to credit bureaus. Late payments, missed
a lawsuit, unless a trial has begun or a final judgment has been entered. Even if a
payments, or other defaults on your account may be reflected on your credit report. If you
Collection Costs
party fails to exercise these rights at any particular time, or in connection with any
request additional cards on your account for others, you understand that we may report
If we refer collection of your account to a lawyer who is not our salaried employee, to the
particular Claims, that party can still require arbitration at a later time or in
extent not prohibited by applicable law, you will be liable for any reasonable attorney's
connection with any other Claims.
4
5
6
account information in your name as well as in the names of those other people. We may
New Jersey Residents
advertisement we mailed to you, or if we own the company that sold you the goods
also obtain followup credit reports on you (for example, when we review your account for a
Because certain provisions of this Agreement are subject to governing law, they may be
or services.)
credit limit increase). If you wish to know the names of the agencies we have contacted,
void, unenforceable or inapplicable in some jurisdictions. None of these provisions are
2.
You must have used your credit card for the purchase. Purchases made with cash
write us at the Customer Service address listed on the billing statement. We will try to
void, unenforceable or inapplicable with New Jersey.
advances from an ATM or with a check that accesses your credit card account do
notify you by telephone or by mail of any legal process served on us in order to give you
Your Billing Rights: Keep this Document for Future Use
not qualify.
an opportunity to object to it, unless the law prohibits the notice. If you think we reported
3.
This notice tells you about your rights and our responsibilities under the Fair
You must not yet have fully paid for the purchase.
erroneous information to a credit reporting agency, write us at the Customer Service
Credit Billing Act
address listed on the billing statement. We will promptly investigate the matter and if our
If all of the criteria above are met and you are still dissatisfied with the purchase, contact
investigation shows you are right, we will contact each credit reporting agency to whom we
What To Do If You Find a Mistake On Your Statement
us in writing at the address for billing inquiries and correspondence shown on the front of
reported and will request they correct the report. If we disagree with you after our
If you think there is an error on your statement, write to us at the address for billing
your statement.
investigation, we will tell you in writing or by telephone and instruct you how to submit a
inquiries and correspondence shown on the front of your statement.
While we investigate, the same rules apply to the disputed amount as discussed above.
statement of your position to those agencies. Your statement will become a part of your
In your letter, give us the following information:
After we finish our investigation, we will tell you our decision. At that point, if we think you
credit record with them. As required by Utah law, you are hereby notified that a negative
Account information: Your name and account number.
owe an amount and you do not pay, we may report you as delinquent.
credit report reflecting on your credit record may be submitted to a credit reporting agency
Dollar amount: The dollar amount of the suspected error.
if you fail to fulfill the terms of your credit obligations.
Description of problem: If you think there is an error on your bill, describe what
Telephone Monitoring and Recording
you believe is wrong and why you believe it is a mistake.
/TM Harris N.A is a registered trademark of Bank of Montreal. Diners Club, Diners Club
You must contact us:
International with the Split Circle Device and Club Cash are registered trademarks of
From time to time we may monitor and record your telephone calls regarding your account
Within 60 days after the error appeared on your statement.
Diners Club International Ltd.
with us to assure the quality of our service.
At least 3 business days before an automated payment is scheduled, if you want to
®* MasterCard is a registered trademark of MasterCard International Incorporated.
Closing Your Account
stop payment on the amount you think is wrong.
You may close your account at any time by notifying us in writing. However, you remain
responsible to pay the total balance according to the terms of this Agreement. We may
You must notify us of any potential errors in writing. You may call us, but if you do we are
600E (06/11)
close your account or suspend your account privileges at any time for any reason not
not required to investigate any potential errors and you may have to pay the amount in
prohibited by applicable law without prior notice. We may also reissue a different card,
question.
account number, or different checks at any time. You must return the card or the checks to
us upon request.
What Will Happen After We Receive Your Letter
When we receive your letter, we must do two things:
Refusal of the Card
We are not responsible if a transaction on your account is not approved, either by us or by
1.
Within 30 days of receiving your letter, we must tell you that we received your letter.
a third party, even if you have sufficient credit available. We may limit the number of
We will also tell you if we have already corrected the error.
transactions that may be approved in one day. If we detect unusual or suspicious activity
2.
Within 90 days of receiving your letter, we must either correct the error or explain to
on your account, we may temporarily suspend your credit privileges until we can verify the
you why we believe the bill is correct.
activity.
While we investigate whether or not there has been an error:
Changing this Agreement
We cannot try to collect the amount in question, or report you as delinquent on that
We may change the rates, fees, and terms of this Agreement at any time for any
amount.
reason. These reasons may be based on information in your credit report, such as
your failure to make payments to another creditor when due, amounts owed to other
The charge in question may remain on your statement, and we may continue to
creditors, the number of credit accounts outstanding, or the number of credit
charge you interest on that amount.
inquiries. These reasons may also include competitive or market-related factors.
While you do not have to pay the amount in question, you are responsible for the
Changing terms includes adding, replacing, or deleting provisions relating to your
remainder of your balance.
account and to the nature, extent, and enforcement of the rights and obligations you
We can apply any unpaid amount against your revolving credit limit.
or we may have relating to this Agreement. These changes are binding on you.
However, if the change will cause a fee, rate, or minimum payment to increase, we
After we finish our investigation one of two things will happen:
will mail you written notice, subject to applicable law, or at least 45 days before the
If we made a mistake: You will not have to pay the amount in question or any
beginning of the billing period in which the change becomes effective. If you do not
interest or other fees related to that amount.
agree to the change, you must notify us in writing prior to the effective date of the
If we do not believe there was a mistake: You will have to pay the amount in
change and pay us the total balance, either at once or under the terms of the
question, along with applicable interest and fees. We will send you a statement of
unchanged Agreement. Unless we notify you otherwise, use of the card after the
the amount you owe and the date payment is due. We may then report you as
effective date of the change shall be deemed acceptance of the new terms.
delinquent if you do not pay the amount we think you owe.
Enforcing this Agreement
If you receive our explanation but still believe your bill is wrong, you must write to us within
We can delay in enforcing or fail to enforce any of our rights under this Agreement without
10 days telling us that you still refuse to pay. If you do so, we cannot report you as
losing them.
delinquent without also reporting that you are questioning your bill. We must tell you the
Assignment
name of anyone to whom we reported you as delinquent, and we must let those
We may assign any or all of our rights and obligations under this Agreement to a third
organizations know when the matter has been settled between us.
party.
If we do not follow all the rules above, you do not have to pay the first $50 of the amount
Applicable Law
you question even if your bill is correct.
The terms and enforcement of this Agreement shall be governed by federal law and the
law of Illinois, where we are located. This Agreement and your account are governed by,
Your Rights If You Are Dissatisfied With Your Credit Card Purchases
to the extent that state law applies, the law of Illinois without regard to its conflict of law
If you are dissatisfied with the goods or services that you have purchased with your credit
principles. Further, this Agreement is made in Illinois and credit is extended to you from
card, and you have tried in good faith to correct the problem with the merchant, you may
Illinois, regardless of where you live or use your account.
have the right not to pay the remaining amount due on the purchase.
For Maryland residents only, to the extent federal law and the laws of the State of Illinois
To use this right, all of the following must be true:
do not apply, this Agreement is governed by Title 12, Subtitle 9 of the Maryland
1.
The purchase must have been made in your home state or within 100 miles of your
Commercial Law Article.
current mailing address, and the purchase price must have been more than $50.
(Note: Neither of these are necessary if your purchase was based on an
7
8
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Pricing Information Table
Interest Rates and Interest Charges
Annual Percentage Rate
13.15%
(APR) for Purchases
This APR will vary with the market based on the Prime Rate.
APR for Cash Advances
13.15%
This APR will vary with the market based on the Prime Rate.
Paying Interest
Your due date is at least 25 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 50 cents.
Method of Computing the
Balance
Daily Balance
Fees
Annual Fee
$0
Transaction Fees
Cash Advance
Either $4 or 4% of the amount of each cash advance, whichever is greater.
Foreign Purchase
3% of each purchase transaction in US dollars.
Transaction
Penalty Fees
Late Payment
Up to $15 on balances up to $100
Up to $29 on balances of $100 up to $1000
Up to $35 on balances of $1,000 and over.
Returned Payment
Up to $29
Details About Your Interest Rates and
APR as of
Daily Periodic Rate
For variable rates:
Interest Calculations
12/31/2011
As of 12/31/2011
Prime Rate Plus
Purchases
13.15% (v)
.036027397
9.9%
Cash Advances
13.15% (v)
.036027397
9.9%
(v) = Variable rate
APRs Based on Prime. If any APR is based on the U.S. Prime Rate ("Prime Rate"), the APR will equal the
Prime Rate plus the additional amount shown above. If the Prime Rate increases, it will cause the APR to
increase. If the Prime Rate decreases, it will cause the APR to decrease. For each billing period we use
the
Prime Rate published in The Wall Street Journal on the 25th th day of each month. If the Wall Street Journal
is
not published on that day, we will use the rate published in the immediately preceding edition. If the Prime
Rate causes an APR to change, we put the new APR into effect as of the first day of the billing period for
which we calculate the APR. We apply the new APR to any existing balances, subject to any promotional
rate that may apply. If The Wall Street Journal does not publish the Prime Rate, we will use a similar
published rate.
Effect of APR Increases. If an APR increases, interest charges increase. Your minimum payment may
increase as well.
Daily Balance. We use the daily balance method (including current transactions) for each of your different
balances. We figure the interest charge by multiplying the daily balance by its daily periodic rate each day in
the billing period. To get the daily balance, we take the beginning balance for each feature every day (which
may include unpaid interest charges), add any new transactions, any new fees, and any interest charge on
the previous day's balance, subtract any credits or payments credited as of that day, and make other
adjustments.