FR833282333_PAYPAL CREDIT
TC PDF CLIENT MANAGED 
6/2022

RATES AND FEES TABLE 
PAYPAL CREDIT ACCOUNT AGREEMENT
PRICING INFORMATION

INTEREST RATES AND INTEREST CHARGES

Annual Percentage Rate 
(APR) for Purchases

APR for Cash Advances

Paying Interest

Minimum Interest Charge

The APR for purchases is the prime rate plus 20.74%. 
    This APR will vary with the market based on the Prime Rate.
The APR for cash advances is the prime rate plus 20.74%. 
    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 non-promotional transactions if you pay your entire balance by the due date each month. We will 
begin charging interest on promotional purchases on the purchase date.
If you are charged interest, the charge will be no less than $2.00.

FEES

Annual Fee

Penalty Fees
    • Late Payment
    • Returned Payment

None

Up to $41.
Up to $30.

How We Will Calculate Your Balance: We use a method called “average daily balance” (including new purchases and cash advances). 
See the Account Agreement for more details.

Federal law requires the Lender to obtain, verify, and record information that identiﬁes you when you open an account. 
The Lender will use your name, address, date of birth, and other information for this purpose.

You may use your account to make purchases (standard and promotional) by choosing PayPal Credit when you make a purchase from a merchant at a website, 
by telephone, or at another authorized location. You may also use your account to get cash advances. These types of transactions are further explained below.

TYPES OF TRANSACTIONS

NON-PROMOTIONAL TRANSACTIONS

Standard Purchases

Cash Advances

Standard purchases are non-promotional purchases or are purchases that are not otherwise subject to 
promotional repayment terms and/or APRs, including but not limited to Send Money transactions made 
in connection with a purchase of goods or services.

Cash advances are extensions of credit made on the account when you use Send Money to transfer 
money to friends or family members (not to or from a business) without a purchase. You may not use the 
cash advance feature to Send Money to yourself. The cost of the cash advance may include both the 
amount sent and any fee charged by and paid to PayPal, Inc. for facilitating a Send Money transaction. 
We  have  the  right  to  decline  cash  advance  transactions  for  any  reason  permitted  by  applicable  law, 
including if fraudulent or high-risk behavior is suspected.

At times, we may offer promotional ﬁnancing for certain transactions, and the terms of this Agreement apply to any promotional ﬁnancing. Regular account terms 
apply to non-promotional purchases and, after the promotion ends, to promotional purchases. Below is a description of certain promotional ﬁnancing that may 
be offered on purchases. These promotional offers may not be available at all times for all purchases. Please see any promotional advertising or other disclosures 
provided to you for the full terms of any promotional offer. Offers may be subject to credit approval.

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PROMOTIONAL PURCHASES - DEFERRED INTEREST PURCHASES

No Interest if Paid in 
Full in 6 Months

For each deferred interest purchase, if the deferred interest purchase balance is not paid in full within the promotional period, 
interest will be imposed from the date of purchase at the variable purchase APR that applies to your account when the deferred 
interest purchase is made.
At the time your account is opened, the variable purchase APR is 23.99%. 
Your purchase APR will vary with the market based on the prime rate.

No Interest if Paid in 
Full in 12 Months

If you pay the balance on a deferred interest purchase in full within the applicable promotional period, we will not charge any 
interest for that purchase. Any remaining balance at the end of the promotional period will be charged interest at the variable 
purchase APR that applies to your account from the date of the purchase. Minimum monthly payments are required.

PROMOTIONAL PURCHASES - EASY PAYMENTS PURCHASES

Easy Payments 
Purchases

For each qualifying Easy Payments purchase, either interest will be assessed on the purchase at a reduced APR (which 
may be referred to as a Financed Easy Payments purchase) or no interest will be assessed. A monthly payment will be 
due as described in the Minimum Payment Calculation section. We may offer this as the only method you can use to 
make a purchase from a merchant, or as an option to the standard purchase and/or deferred interest purchase method. 
Easy Payments purchases will be subject to the terms offered at the time of the transaction by the merchant.

You agree to pay interest on the outstanding balance of this account until paid in full, as applicable. Interest may be calculated differently depending on the type 

RATES, FEES AND PAYMENT INFORMATION

RATES

of transaction.

HOW INTEREST IS CALCULATED

Your Interest Rate

When We Charge Interest

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. The APR for 
purchases and cash advances is the prime rate plus 20.74%. As of April 1, 2020, the daily rate for purchases and cash advances 
is .0657260% (APR 23.99%). However, if we have disclosed a promotional rate at the time we made a promotional offer, we will 
calculate interest on balances subject to that promotional offer using the applicable promotional ﬁnancing rate.

Daily Rates May Vary. The APRs and the daily rates 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 rates and APRs 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.

Generally, we charge interest on your purchases and cash advances from the date you make the purchase or cash advance until 
you pay the purchase or cash advance in full. See exceptions below.
•   We will not charge you interest during a billing cycle on any non-promotional transactions 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 charge interest on promotional purchases and their related fees from the date you make the promotional purchase, 
where applicable. If you pay the balance on a deferred interest purchase in full within the applicable promotional period, 
we will not charge any interest for that purchase.

•   We will credit, as of the start of the billing cycle, any payment you make by the due date that we allocate to non-promotional 

transactions 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 We calculate interest on your account for each billing cycle separately for each balance type. A separate average daily balance is 
calculated for the following balance types, as applicable: standard purchases, cash advances and promotional purchases. See 
below for how this works.

1.  How to get the average daily balance: We take the starting balance each day, including billed interest and billed fees, add 
the daily interest amount from the previous day, add any new charges and adjustments posted that day and subtract any 
payments or credits (treating any net credit balance as zero). This gives us the daily balance. Then, we add up all the daily 
balances for the billing cycle and divide the total by the number of days in the billing cycle. The result is the average daily 
balance. Late payment fees, returned payment fees and debt cancellation fees are treated as standard purchases.

2.  How to get the interest amount: We multiply the average daily balance by the applicable daily rate to get the daily interest 
amount. Then we multiply the daily interest amount by the number of days in the billing cycle to determine the interest 
charges. This gives us the interest charges for each balance type. We calculate the interest charge for each balance type.
3.  How to get the interest charge for the billing cycle: We add all the interest charges for all the balance types, to get the 

interest for the account.

Minimum Interest Charge We charge a minimum of $2.00 of interest in any billing cycle in which you owe interest on non-promotional transactions.

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You agree to pay the following fees, as applicable.

FEES

FEES

Late Payment Fee

Returned Payment Fee

We will charge this fee for each billing cycle in which we do not receive the minimum payment due on your account on the due 
date in accordance with the requirements set forth on each billing statement. This fee is equal to:
  1. $30, if you have paid your total minimum payment due by the due date in each of the prior six billing cycles.

    OR

  2. $41, 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 never be more than the total minimum payment that was due.

We  will  charge  this  fee,  which  is  sometimes  referred  to  as  a  “return  check  fee”  or  “non-sufﬁcient  funds  fee,”  if  any  check, 
other  instrument,  or  electronic  payment  authorization  you  provide  us  in  payment  on  your  account,  is  not  honored  upon  ﬁrst 
presentment for any reason, including if the payment is returned by drawee for “not sufﬁcient funds.” We will not charge this fee 
if the check, instrument or electronic authorization is later honored. This fee is equal to $30; however, it will never be more than 
the minimum payment due immediately prior to the date on which the payment is returned.

MINIMUM PAYMENT CALCULATION

Your minimum payment is calculated as follows.

The sum of:

a. For the new balance shown on your billing statement (excluding any Easy Payments purchase balance), the greater of:

(i) $30, or $41 if you have failed to pay the minimum payment due by the due date in any one or more of the prior six billing cycles; or

    (ii) The sum of 1% of such new balance (rounded down to the nearest whole dollar), plus interest (excluding any accrued interest on a deferred interest purchase billed 

in that billing cycle), late payment fees and returned payment fees charged in the current billing cycle (rounded down to the nearest whole dollar); PLUS

b. Any past due amounts; PLUS

c. Any Easy Payments purchase monthly payment. The monthly payment amount for an Easy Payments purchase will be equal to the Easy Payments purchase amount 
plus applicable interest divided by the number of months in the applicable promotional period.

Your minimum payment will never be more than your new balance. There is no payment due for a “No Payments + No Interest if paid in full purchase” prior to its expira-
tion date.

ABOUT THE CREDIT CARD ACCOUNT AGREEMENT

STANDARD PROVISIONS

This Agreement

Parties To This 
Agreement

Changes To This 
Agreement

Promotional 
Financing Offers

This is an Agreement between you and Synchrony Bank, 170 Election Road, Suite 125, Draper, UT 84020, for your PayPal Credit 
open-end (revolving) credit card account that is the subject of this Agreement. By opening or using your account, you agree to the 
terms of the entire Agreement, and you make the promises it contains by either applying for or accepting an account or making 
a  purchase  using  PayPal  Credit  after  receipt  of  this  Agreement.  The  entire  Agreement  includes  this  document,  including  any 
amendment or addendum thereto, and the application you submitted 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.

The person who applied for, opened and/or uses the account may be referred to as “you” or “your.” The Lender, Synchrony 
Bank, may be referred to as “we,” “us” or “our.” PayPal, Inc., located in San Jose, California, is a payment service provider that 
consumers and merchants use to make payments to and accept payments from third parties, and is another entity contemplated 
by this Agreement.

We may change, add or delete terms of this Agreement, including interest rates, fees and charges.

The terms of this Agreement apply to any promotional ﬁnancing offer. However, any promotional ﬁnancing 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

Use Of Your Account

You Promise To Pay

Your Responsibility

Transaction Limits

Credit Limit

You may use your account only for lawful personal, family or household purposes. You may use your account for the types of 
transactions explained in this Agreement. You may not use your account to pay amounts you owe us on this account or any other 
account you have with us. We may charge your account for purchases and cash advances you make, and you authorize us to 
charge this account for the cost of any purchase or cash advance you or anyone to whom you have given permission to use this 
account make, using PayPal Credit.

You promise to pay us for all amounts owed to us under this Agreement.

You may not allow anyone else to use your account. If you do, you will be responsible for paying for all charges resulting from their 
transactions.

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.

You will be assigned a credit limit (which may also be referred to as a credit line), which is the dollar amount of credit available for 
you to borrow on your account, of at least $250, that we may increase or decrease from time to time. If we approve a transaction 
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. However, we may, from time to time, increase your credit limit, including after approval of such a transaction. 
If you seek to open a new account to make a purchase, you agree that if we identify your existing account, your purchase will be 
charged to your existing account and a new account will not be opened.

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HOW AND WHEN TO MAKE PAYMENTS

When Payments Are Due

You must pay at least the minimum payment due on your account by the due date of each billing cycle in accordance with the 
requirements set forth on each billing statement. Payments received after the due date 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, online or by phone. 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 PayPal, Inc. information about yourself that we could share with each other. 
PayPal, Inc. will use the information in connection with the credit program and for things like creating and updating its records 
and offering you special beneﬁts. By making a purchase or requesting a cash advance, you authorize us to share your personal 
information (including email address) in order to verify your identity, make a credit decision, complete your transaction, service 
your account, and for any other lawful purpose as set forth in the privacy policy for your account. You authorize merchants you 
transact with to share your personal information, including email address, with the Lender to use it for any lawful purpose.

Address/Phone Change

You  represent  that  any  phone  number  that  you  provide  to  us  belongs  to  you  and/or  that  you  are  authorized  to  provide  that 
number. You also agree to tell us right away if you change your address (mailing or email) or any phone number.

Consent To 
Communications

You consent to us and PayPal, Inc., as well as any other owner or servicer of your account, contacting you through any channel 
of communication and for any purpose, as permitted by applicable law. For informational, servicing, fraud or collection related 
communications, you agree that we may use the phone numbers that you provide to us to contact your cellular phone or wireless 
device with text messages, artiﬁcial or prerecorded voice calls, and calls made by an automatic telephone dialing system. Text 
frequency may vary and may be recurring. This consent applies even if you are charged for the call under your plan. You are 
responsible for any charges that may be billed to you by your communications carrier when we contact you. Message and data 
rates may vary. We and any carrier are not liable for delayed or undelivered messages.

Telephone Monitoring

For quality control, you allow us and/or PayPal, Inc. to listen to and/or record telephone calls between you and us or PayPal, Inc.

Emails

You consent to us and/or PayPal, Inc. emailing you for any lawful purpose, including marketing.

IMPORTANT INFORMATION ABOUT YOUR ACCOUNT

Closing 
Your Account

Collection Costs

Credit Bureau Reporting

Default

Disputed Amounts

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.

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.

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.

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.

The billing rights summary in 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 account is used without your consent, call us immediately at 1-844-373-4961. You will not be liable for unauthorized use 
on your account, but you will be responsible for all use by anyone you allow to use your account.

IMPORTANT INFORMATION ABOUT THIS AGREEMENT

Assignment

Enforceability

Governing Law

Waiver

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. Any person, company, or bank to whom we assign this 
Agreement shall be entitled to all of our rights under this Agreement. None of your rights or obligations shall be affected by such 
assignment. You may not sell, assign or transfer any of your rights or duties under this Agreement or your account.

If any part of this Agreement is found to be void or unenforceable, all other parts of this Agreement will still apply.

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.

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.

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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.

1.  CLAIMS AND PARTIES. If either you or we make a demand for arbitration, you and we must arbitrate any dispute or claim between you (including any other user of 
your account), and us (including our parents, afﬁliates, agents, employees, ofﬁcers, and assignees, and PayPal, Inc. and its afﬁliates) that directly or indirectly arises 
from or relates to your account, your account Agreement or our relationship, except as noted below. In addition, any assignee, agent, or service provider of ours that 
collects amounts due on your account are intended beneﬁciaries of this Arbitration section and may enforce it in full (notwithstanding any state law to the contrary).

2.  This Arbitration section broadly covers claims, including counterclaims, based upon  contract, tort, consumer rights, fraud and other intentional torts, negligence, 
constitution, statute, regulation, ordinance, common law and equity and claims for money damages and injunctive or declaratory relief, even if they arose before this 
section took effect. You may not sell, assign or transfer a claim.

3.  Examples of claims subject to arbitration are disputes about an account transaction, fees, charges or interest, the events leading up to the Agreement (such as any 
disclosures, advertisements, promotions or oral or written statements, warranties or representations made by us), an application for or denial of credit, any product or 
service provided by us or third parties in connection with the Agreement, credit reporting, beneﬁt programs related to your account including any reward program, the 
collection of amounts due by our assignees, service providers, or agents and the manner of collection.

4.  However, we will not require you to arbitrate any individual case in small claims court or your state’s equivalent court, so long as it remains an individual case in that 
court. Also, even if all parties have opted to litigate a claim in court, you or we may elect arbitration with respect to any claim made by a new party or any claim later 
asserted by a party in any related or unrelated lawsuit, including modifying an individual claim to assert a class, representative or multi-party claim. Arbitration may be 
requested at any time, even where there is a pending lawsuit, unless a trial has begun, or a ﬁnal judgment entered.

5.  Only a court will decide disputes about the validity, enforceability, coverage or scope of this Arbitration section or any part thereof. However, any dispute that concerns the 

validity or enforceability of the Agreement as a whole is for the arbitrator to decide.

6.  NO CLASS ACTIONS. IF EITHER YOU OR WE ELECT TO ARBITRATE A CLAIM, NEITHER YOU NOR WE WILL HAVE THE RIGHT (A) TO PARTICIPATE IN A CLASS 
ACTION, PRIVATE ATTORNEY GENERAL ACTION OR OTHER REPRESENTATIVE ACTION IN COURT OR IN ARBITRATION, EITHER AS A CLASS REPRESENTATIVE 
OR CLASS MEMBER, OR (B) TO JOIN OR CONSOLIDATE CLAIMS WITH CLAIMS OF ANY OTHER PERSONS EXCEPT ACCOUNTHOLDERS ON YOUR ACCOUNT. 
THUS, 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.

7.  PROCEDURES. 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 Synchrony Bank, Legal Operation, P.O. Box 29110, Shawnee Mission, KS 66201-5320, ATTN: ARBITRATION 
DEMAND. The party seeking arbitration must select either the American Arbitration Association (AAA), 120 Broadway, Floor 21, New York, NY 10271, www.adr.org, 
or JAMS, 620 Eighth Avenue, 34th Floor, New York, NY 10018, www.jamsadr.com, to administer the arbitration. If neither administrator can handle the dispute, a 
court with jurisdiction will appoint an arbitrator.

8.  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. 
The arbitrator must apply the same law, consistent with the Federal Arbitration Act (FAA), that would apply to an individual action in court, but may use different procedural 
rules. The arbitrator will apply the same statutes of limitation and privileges that a court would apply if the matter were pending in court.

9.  The arbitrator may award any damages or other relief or remedies that would apply under applicable law to an individual action brought in court, including, without 
limitation, punitive damages (governed by the Constitutional standards employed by the courts) and injunctive, equitable and declaratory relief (but only in favor of the 
individual party seeking relief and only to the extent necessary to provide relief warranted by that party’s individual claim). The parties will bear the fees and costs of their 
attorneys, witnesses and experts. However, the arbitrator will have the authority to award fees and costs of attorneys, witnesses and experts to the extent permitted 
by the Agreement, the administrator’s rules or applicable law.

10.  The arbitration will take place by phone or at a location reasonably convenient to you. If you ask, we will pay all the fees the administrator or arbitrator charges if 
you cannot obtain a waiver of fees from the administrator and are acting in good faith. We will pay arbitration costs required by the administrator’s rules or that are 
necessary for this Arbitration section to be enforced.  Notwithstanding the foregoing, you will be required to advance half of all administrative fees and arbitrator’s fees 
(and to be responsible for payment of such fees to the extent not advanced) if you pursue arbitration as part of a group of similar arbitrations, or if you otherwise seek 
to participate in a mass arbitration proceeding.  If an arbitration already in process is later determined to be part of a mass arbitration proceeding, we shall have the 
right to request that the arbitrator order you to reimburse us for fees already paid or advanced.

11.  GOVERNING LAW. This Arbitration section is governed by the FAA. Utah law shall apply to the extent state law is relevant under the FAA, unless otherwise stated 
herein. The arbitrator’s award 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. The arbitration award and any judgment conﬁrming it will apply only to the speciﬁc case and cannot be used in any other case except to enforce the award.
12.  SURVIVAL. This Arbitration section shall survive the repayment of all amounts owed, the termination, cancellation or suspension of the Agreement or your account 
or credit privileges, any legal proceeding, and any bankruptcy by you, to the extent consistent with applicable bankruptcy law. If this Arbitration section conﬂicts with 
the applicable arbitration rules or the other provisions of the Agreement, this Arbitration section shall govern.

13.  SEVERABILITY. If any portion of this Arbitration section is held to be invalid or unenforceable, the remaining portions shall nevertheless remain in force with the 
following two exceptions. First, if a determination is made that the “No Class Actions” provision is unenforceable, and that determination is not reversed on appeal, 
then this Arbitration section shall be void in its entirety. Second, if a court determines that a public injunctive relief claim may proceed notwithstanding the “No Class 
Actions” provision, and that determination is not reversed on appeal, then the public injunctive relief claim will be decided by a court, and any individual claims will be 
arbitrated. The parties will ask the court to stay the public injunctive relief claim until the other claims have been ﬁnally concluded.

14.  HOW TO REJECT ARBITRATION. You may reject this Arbitration section. If you do that, a court will resolve any dispute or claim. To reject this section, send us a notice 
within 45 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, account number, 
and personal signature, and must be mailed to Synchrony Bank, P.O. Box 965012, Orlando, FL 32896-5012. This is the only way you can reject this section. Rejecting 
this Arbitration section will not affect any other provision of the Agreement. It will also not affect any prior arbitration agreement or dispute resolution provision between you 
and us, which will remain in full force and effect. If you don’t reject this Arbitration section, it will be effective as of the date of the Agreement and will supersede any prior 
arbitration agreement between you and us that would otherwise be applicable.

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.

OTHER IMPORTANT INFORMATION

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FR833282333_PAYPAL CREDIT
TC PDF CLIENT MANAGED 
6/2022