Visa® Credit Card Agreement 

This document, together with the “Account Summary Table” on the card carrier sent with each new card, form the 
“Agreement” that governs the credit card account established for you by Regions Bank (“Account”) and each Visa credit 
card issued to access the Account (a “Card”). In this Agreement, “we,” “us” and “our” mean Regions Bank, and “you” and 
“your” mean each person who applied for or otherwise agreed to be responsible for the Account. If we use a capitalized 
term in this Agreement but we do not define that term, the term refers to the corresponding term used in your billing 
statement.  

Important Terms of Your Account 

Term 

What It Means To You  

Our Rights and Responsibilities 

Credit Limits  We will give you a credit limit for your Account. 

We also may give you different limits for different 
types of transactions. For example, we may tell 
you that you can only use part of your credit limit 
for Cash Advances. We will tell you the initial 
credit limits for your Account on the card carrier. 
You agree not to attempt any transaction that 
would cause any outstanding balance on your 
Account to exceed the credit limit for that balance. 
If any balance on your Account goes over the 
credit limit for any reason, you must pay the 
amount that is over the limit right away. 
You will be in default under this Agreement if: 
•  You fail to make any payment required by this 

Agreement,  

•  You fail to make any payment required by any 
other agreement you may have with Regions, 
or  

•  You fail to keep any of your obligations under 
this Agreement or other agreement you may 
have with Regions. 

Default 

Changing 
Terms 

We may change the terms of this Agreement 
(including interest rates, fees and other charges) 
at any time. These changes may include adding 
or deleting terms.  

If you have the right to reject any change, and if 
you reject the change in the manner provided in 
our notice of the change, we may terminate your 
right to receive additional credit under this 
Agreement and may ask you to return all Cards, 
Access Checks and other credit devices as a 
condition of your rejection. In addition to our right 
to change the terms of this Agreement, we also 
may replace your Card with another Card at any 
time. 

Your billing statements also will show your credit 
limits and available credit. We may change your 
credit limits at any time, subject to any 
requirements or restrictions of applicable law.  

This Agreement applies to all transactions and 
balances on your Account, including any 
transaction that would cause any outstanding 
balance on your Account to exceed any of your 
credit limits. 

If you are in default, in addition to our other rights 
under this Agreement and subject to applicable 
law, we can require immediate payment of the 
total outstanding balance owed on your Account. 
Unless prohibited by applicable law, we can also 
require you to pay our collection costs, attorneys’ 
fees, court costs and all other expenses we incur 
to enforce our rights under this Agreement, as 
described more fully below in the “Collections” 
section. 
We may change these terms based on changes 
to your risk profile, such as changes to your 
payment patterns, transaction patterns, balance 
patterns, and utilization levels of this and other 
accounts, credit bureau information (including 
the age, history and type of other accounts), and 
relationships between each and all of these 
measures of risk. We may also change terms for 
reasons not related to your individual credit 
history, such as overall economic and market 
trends, changes in applicable law, product 
design, and business needs. If we plan to 
change this Agreement, we will comply with the 
notice requirements and any other restrictions of 
applicable law that are in effect at that time. 

Using Your Account 

You may use your Account for the types of transactions described below. You may not use a Balance Transfer, Access 
Check or any other Cash Advance to make a payment on this or any other account with us or our affiliates. You may not 
use or permit your Account to be used for any illegal transaction. You may use your Account only for transactions that are 
legal where you conduct them. We may charge your Account for any illegal transactions, and we will not be liable if you 
engage in an illegal transaction. We may deny authorization of any transactions identified as Internet gambling. You may 
not use your Account to conduct transactions in any country or territory, or with any individual or entity that is subject to 

Rev. 01/01/2019 

Page 1 

 
 
 
 
 
 
 
 
 
 
economic sanctions administered and enforced by the U.S. Department of the Treasury’s Office of Foreign Assets control 
(“OFAC”). Use of your Card in those countries will be blocked.  

Transaction  What It Means To You 

Our Rights and Responsibilities 

Purchases 

You may use your Account to buy or lease goods 
or services. 

Balance 
Transfers 

Cash 
Advances 

You may request us to make an advance from 
your Account to pay a balance you owe to 
another creditor. From time to time, we may offer 
you the option to use a special Access Check to 
make a Balance Transfer. Except for any such 
special offer, Balance Transfers do not include 
balances you pay using an Access Check. 
You may obtain cash or other advances in any of 
the following ways: 
•  From us, another financial institution, a non-

financial financial institution, or automated 
teller machine that accepts your Card.  
•  By using a check we may provide to you to 

access your Account (an “Access Check”), as 
described more fully below in the “Access 
Check Transactions” section.  

•  By purchasing items that can be traded right 
away for cash, such as wire transfers, money 
orders, traveler’s checks, lottery tickets or 
casino chips.  

•  By getting an advance deposited to a 

Regions checking account if you are enrolled 
in an overdraft protection program under a 
separate agreement with us (an “Overdraft 
Advance”).  

•  By placing bets or wagers (if legal) or to make 

tax or other similar payments. 

Access 
Check 
Transactions 

Each Access Check must:  
•  Be fully completed and signed by the person 

whose name is printed on the Access Check,  

•  Not be for an amount that would cause your 
Account to go over any of your credit limits,  

•  Not be used if you are in default under this 
Agreement, if we suspended or closed your 
Account, or if we told you not to use the 
Account, Card or Access Checks for any 
reason, and  

•  Not be postdated or stale. This means the 

date you put on the check cannot be a date 
which is either (1) later than the date we get 
it, (2) more than six months before the date 
we get it, or (3) after any expiration date 
provided for that Access Check.  

If we return an Access Check because it does 
not meet any of these requirements, we may 
charge the Returned Check Fee described 
below in the “Account Fees and Charges” 
section. If we pay the Access Check anyway, 
you still have to pay us the amount of that Check 
and any applicable interest or fees. Unless 
required by applicable law, we do not have to 
pay any Access Check.  

All Transaction Fees and adjustments associated 
with Purchases, as well as any Late Fees, Annual 
Fees and other fees listed in the “Account Fees 
and Charges” section below, will be treated as 
Purchases under this Agreement. 
We permit Balance Transfers from most non-
Regions credit card accounts. We do not permit 
Balance Transfers from other Regions loans or 
accounts. All Transaction Fees and adjustments 
associated with Balance Transfers will be treated 
as Balance Transfers under this Agreement. 

All Transaction Fees and adjustments associated 
with Cash Advances will be treated as Cash 
Advances under this Agreement. 

Your billing statement will show the amount of 
each Access Check we paid. We will not return 
Access Checks to you, but you may ask us for 
copies of paid Access Checks. For each copy we 
provide, we may charge you the Document Fee 
described below in the “Account Fees and 
Charges” section.  

You may ask us to stop payment on an Access 
Check or to cancel a stop payment request by 
calling us at 1-800-253-2265. When you make 
this request, you must provide us with the Access 
Check number, dollar amount, and payee exactly 
as they appear on the Access Check. Stop 
payment requests on an Access Check are 
effective for six months from the day that we 
place the stop payment. We need at least two (2) 
business days to be able to stop payment. We 
will not be liable to you or anyone else if we stop 
(or do not stop) payment [or cancel (or do not 
cancel) a stop payment request] on an Access 
Check. If you request us to stop payment, we 
may charge the Stop Payment Fee described 
below in the “Account Fees and Charges” 
section, whether or not we actually stop payment.  

Rev. 01/01/2019 

Page 2 

 
 
 
 
 
 
Promotional 
Transactions 

Automatic 
Charges 

We may offer a limited time introductory or 
promotional interest rate on certain Purchases, 
Balance Transfers, or Cash Advances that are 
lower than the standard rates for those types of 
transactions (“Promotional APRs”) and/ or limited 
time introductory or promotional transaction fees 
(“Promotional Fees”) that may be higher or lower 
than the standard fees provided below in the 
“Fees and Charges” section 
You may authorize others to make automatic and 
recurring charges to your Account. It is your 
responsibility (not ours) to notify anyone you are 
paying through automatic charges if your Card 
number or expiration date changes or if your 
Account is closed or suspended. 

Foreign 
Transactions 

Any transaction that is made in a foreign currency 
will be converted to U.S. dollars. Foreign 
transactions include, for example, online 
purchases from foreign merchants and Cash 
Advances obtained from an ATM or financial 
institution in another country. 

Authorizing 
Transactions/ 
Suspending 
and Closing 
your Account 

We may limit the number or dollar amount of 
transactions on your Account. We are not 
obligated to authorize or honor any transaction, 
even if you have credit available. A merchant 
does not have to accept your Card, Checks or 
Account. We will not be liable to you or anyone 
else if (1) we do not authorize a transaction or we 
decline to pay an Access Check, regardless of 
the reason, or (2) a merchant will not accept your 
Card, Checks or Account. Also, we will not be 
liable to you or anyone else for goods or services 
you bought or leased using your Account, or if 
your Card is retained by us, any other financial 
institution, or any merchant.   

You may close your Account by notifying us in 
writing at the address shown on your statement 
or by telephone at 1-800-253- 2265.   

After your Account is closed, whether by you or 
us, you no longer may make transactions on your 
Account, but your obligations under this 
Agreement will continue until we receive full 
payment of all amounts owed under this 
Agreement. 

We will explain the terms and conditions of any 
promotion when making the offer. Except as we 
tell you in a promotional offer, the rest of this 
Agreement will apply to transactions at the 
Promotional APR or with the Promotional Fee. 
Subject to any requirements of applicable law, we 
may terminate any Promotional APR if we do not 
receive any required payment on your Account by 
the Payment Due Date. 
If you have set up recurring preauthorized 
charges with a merchant and we issue a new 
credit card with a different number and/or 
expiration date to you, for your convenience we 
may (but are not obligated to) make available 
your new card number and/or expiration date so 
that those charges may continue. 

If you make a transaction in a foreign currency, 
the transaction will be converted by Visa 
International into a U.S. dollar amount in 
accordance with the operating regulations or 
conversion procedures in effect at the time the 
transaction is processed. Currently, those 
regulations and procedures provide that the 
currency conversion rate to be used is either (1) a 
wholesale market rate or (2) a government-
mandated rate in effect one day prior to the 
processing date. The currency conversion rate in 
effect on the processing date may differ from the 
rate in effect on the transaction date or posting 
date. 
We may suspend or close your Account or 
otherwise terminate your right to use your 
Account. We may do this at any time, for any 
reason and, unless required by law, without first 
notifying you. Your obligations under this 
Agreement continue even after we have done 
this. Upon our request, you must destroy all 
Cards, Access Checks or other credit devices on 
the Account.   

After your Account is closed, you must contact 
anyone authorized to charge transactions to your 
Account, such as internet service providers, 
health clubs or insurance companies. These 
transactions may continue to be charged to your 
Account until you change the billing.  Also, if we 
believe you have authorized a transaction or are 
attempting to use your Account after you have 
requested to close the Account, we may allow the 
transaction to be charged to your Account. 

You promise to pay us for all transactions on your Account, including those by anyone whom you allow to use the 
Account. You also promise to pay any interest, fees and other amounts you owe us under this Agreement. We will send 
you billing statements that show the amount you owe, the minimum amount you must pay for a particular billing cycle, and 
the date on which that required payment is due.  

Your Payment Obligations 

Rev. 01/01/2019 

Page 3 

 
 
 
 
 
 
 
 
Term 

How and 
Where to 
Make 
Payments 

Minimum 
Payment 
Due 

What It Means To You  

Our Rights and Responsibilities 

Your payments must conform to the requirements 
provided in this Agreement and each billing 
statement. The requirements on the statement 
may vary without prior notice. All payments must 
be made in U.S. dollars, and drawn on a financial 
institution located in the United States. You 
should mail your check or money order, with the 
payment coupon from each statement, to the 
address shown on the payment coupon.   

You may not use a postdated check to make a 
payment. If you postdate a payment check, we 
may cash it upon receipt or return it to the person 
who sent it, in either case without waiting for the 
date shown on the check. We are not liable to 
you for any loss or expense you incur that arises 
out of any action we may take.  

Any payments marked “paid in full” must be 
mailed to the address for disputed payments 
shown on the back of your billing statement, and 
not to the general payment address shown on the 
payment coupon included with your statement.   

Except as required by law, no payment, including 
those marked with “paid in full” or with any other 
restrictive words, shall operate as an accord and 
satisfaction without the prior written approval of 
one of our senior officers. 
You may pay your total outstanding balance at 
any time without penalty. Each billing cycle, you 
must pay at least the Total Minimum Payment 
Due shown on your monthly statement by its 
Payment Due Date.   

For each billing cycle, the Total Minimum 
Payment Due will be: 
•  One percent (1%) of your total New Balance 

(excluding any new interest charges and Late 
Fee);  

•  Any new interest charges;  
•  Any new Late Fee; and  
•  Any past due amount.  
The total Minimum Payment Due generally will 
never be less than $25 ($15 for Regions Explore 
Credit Card Accounts). However, if your total 
New Balance is less than $25 ($15 for Regions 
Explore Credit Card Accounts), the total Minimum 
Payment Due will be your total New Balance. 
Payments made in any billing cycle that are 
greater than the Total Minimum Payment Due will 
not affect your obligation to make the Total 
Minimum Payment Due for the next billing cycle. 

For payments mailed to the address on the 
payment coupon:  
•  We will credit each payment as of the date it is 

received if (1) the payment is received by 5 p.m. 
local time at this address, and (2) the payment 
meets the requirements of this Agreement.  
•  Payments received after 5 p.m. local time at this 
address on any day (including the Payment Due 
Date), but that otherwise meet the requirements 
of this Agreement, will be credited as of our next 
business day.  

•  Credit for any other payments may be delayed 

up to five (5) days.  

For other payments:  
• 

• 

If we let you pay at a bank branch, we will credit 
the payment as of the day we receive it.  
If we let you pay online or by phone, we will tell 
you how to pay and when your payment will be 
credited.   

We may delay increasing your available credit for 
up to 10 days after you make a payment.   

We can accept late payments, partial payments, or 
payments with any restrictive writing without losing 
any of our rights under this Agreement. 

In calculating the Minimum Payment, we will round 
down to the nearest dollar. If a payment is credited 
to your Account but is returned unpaid in a later 
billing cycle, we will recalculate the Total Minimum 
Payment Due for the billing cycle in which the 
payment was originally credited.   

If you overpay or otherwise have a credit balance 
on your Account, we will not pay interest on the 
credit balance. We will refund any credit balance as 
required by law or earlier at your request, but you 
cannot obtain the credit balance through a Cash 
Advance or other use of your Card. We reserve the 
right to reject any payment if your Account has a 
credit balance as of the day we receive that 
payment. Generally, credits to your Account, such 
as those generated by merchants, are not treated 
as payments and will not reduce your Total 
Minimum Payment Due. 

Rev. 01/01/2019 

Page 4 

 
 
 
 
 
 
 
 
 
 
 
 
Grace 
Period on 
Paying 
Interest 

Payment 
Allocation 

A “Grace Period” is any period of time during a 
billing cycle when you will not accrue interest on 
certain transactions or balances. There is a 
Grace Period on all Purchases if you pay your 
entire balance by the Payment Due Date shown 
on each statement. Where required by applicable 
law, we will not charge interest on any portion of 
a Purchase balance that is repaid by the first 
specified Payment Due Date after each Purchase 
was made if you paid the total New Balance for 
the previous billing cycle by the specified due 
date. There is no Grace Period for Balance 
Transfers or Cash Advances. 
You may reduce the amount of interest you pay 
by making payments that are larger than the 
Total Minimum Payment Due. Because payment 
amounts in excess of your Total Minimum 
Payment Due will be applied first to higher APR 
balances, these balances will be paid off more 
quickly and you will pay less interest on them 
than if you paid only the Total Minimum Payment 
Due. 

Your Payment Due Date is at least 21 days after 
the closing date for each billing statement.   

Except as described above, if you do not pay your 
total New Balance by the Payment Due Date, we 
will start charging interest on each new Purchase 
on the later of (1) the date you make the Purchase, 
or (2) the first day of the billing cycle in which we 
add the Purchase to your Account. We will pay 
down your Purchase balance and other balances 
as described in the section below titled “Payment 
Allocation.” 

If your Account has balances with different APRs, 
we will allocate the amount of any payment that is 
less than or equal to the Total Minimum Payment 
Due to the lowest APR balances first. Payment 
amounts in excess of your Total Minimum Payment 
Due will be applied to balances with higher APRs 
before balances with lower APRs. 

Account Fees and Charges 

You agree to pay (1) the fees and charges listed below, and (2) the Transaction Fees shown in the Account Summary 
Table, subject to any limitation of applicable law. We will not charge the Cash Advance Transaction Fee on any Overdraft 
Advance. 

Annual Fee: Your Account may be charged the amount (if any) shown in the Account Summary Table on the card carrier. 
If an Annual Fee applies to your Account, this fee will be charged to your Account when we issue the Card, and annually 
at the end of the month that includes the anniversary date of the opening of the Account. If applicable, it will be charged 
regardless of whether you use the Account, and is not refundable even if the Account is closed for any reason by either 
you or us. 
Late Fee: You may be charged $28 if the Total Minimum Payment Due shown on your monthly statement is not received 
by us on or before its Payment Due Date. If a late fee was assessed any time in the prior six (6) billing cycles, then the 
amount of the late fee will be $39. The Late Fee will not exceed the Total Minimum Payment Due immediately prior to 
assessment of the fee. If your balance is less than $50, we will not assess a Late Fee. Paying late also may result in a 
Penalty APR. See “Penalty APR” section below. 
Return Access Check Fee: You may be charged $25 if we return an Access Check unpaid for any reason, even if the 
Access Check is paid upon subsequent presentment. The Returned Access Check Fee will not exceed the dollar amount 
of the Access Check. 
Copy Fee: You may be charged $5 for each copy of a monthly statement or sales draft, except that the six most recent 
monthly statements and one sales draft will be provided for free. We will not charge this fee if you reside in Delaware, 
Indiana, Kansas, Louisiana, Maryland, Pennsylvania, South Carolina, West Virginia or Wyoming. Regardless of where 
you reside, we will not charge for any statement or sales draft you request in good faith in connection with the resolution 
of any disputed billing matter. 
Expedited Delivery Fee: You may be charged this Fee if you request and we agree to arrange for expedited delivery of 
any Card to you (for example, by an overnight delivery service). The amount of the Expedited Delivery Fee will depend on 
the type of delivery you choose to receive, and will be disclosed to you when you request expedited delivery. If you then 
confirm and we honor your request, we will charge the fee. We will not charge an Expedited Delivery Fee in Colorado, 
Delaware, Indiana, Kansas, Louisiana, Maryland, New York, Pennsylvania, South Carolina, West Virginia or Wyoming. 

Stop Payment Fee: You may be charged $25 for each stop payment requested on an Access Check, whether or not we 
actually stop payment, subject to any restrictions of applicable law. We will not charge a Stop Payment Fee in Colorado, 
Delaware, Indiana, Kansas, Louisiana, Maryland, New York, Pennsylvania, South Carolina, West Virginia or Wyoming. 

Rev. 01/01/2019 

Page 5 

 
 
 
 
 
 
Collection Costs: If you are in default, unless prohibited by applicable law we can require you to pay our collection costs, 
attorneys’ fees, court costs and all other expenses we incur to enforce our rights under this Agreement. These costs may 
include reasonable fees to attorneys who are not our paid employees. We will not charge you for our collection costs if 
you owe us $300 or less. We will not charge attorneys’ fees that exceed 15% of the unpaid debt in Alabama, Colorado, 
Georgia, Kansas, Maine, Missouri, Montana, North Carolina, Oklahoma or South Carolina, 20% of the amount due in New 
York, or 25% of the unpaid debt in Louisiana. We will not charge attorneys’ fees if the principal amount you owe us is less 
than $1,000 in Idaho or Wyoming. We will not charge collection costs other than attorneys’ fees if you live in Colorado, 
Delaware, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, New York, North Carolina, Oklahoma, South Carolina or 
Wyoming. We will not charge you attorneys’ fees, court costs or other collection costs incurred as a result of your default if 
you live in Pennsylvania, West Virginia or Wisconsin. 

The Daily Periodic Rates (“DPRs”) and Annual Percentage Rates (“APRs”) for your Account are shown on the 
Account Summary Table on the card carrier.  

Interest Charges 

Variable APRs 
Except for any Promotional APR, the APRs for your Account are variable rates.  We calculate each variable APR by 
adding together an index and a margin. The margin used to calculate each APR is shown on the Account Summary Table 
on the card carrier.  We calculate each DPR by dividing the APR by 365.  The index is the highest U.S. Prime Rate as 
published in the “Money Rates” section of The Wall Street Journal on the last publication day of each month.  An increase 
or decrease in the index will cause a corresponding increase or decrease in your variable rates on the first day of your 
billing cycle that begins in the same month in which the index is published. An increase in the index means that you will 
pay higher interest charges and have a higher Total Minimum Payment Due. If The Wall Street Journal does not publish 
the U.S. Prime Rate, or if it changes the definition of the U.S. Prime Rate, the Bank may, in its sole discretion, substitute 
another index. 

Penalty APR 

This “Penalty APR” section does not apply to Regions Explore Credit Card Accounts. 

We may apply the penalty APR to all APRs for your Account (including any Promotional APRs) if we do not receive at 
least the Minimum Payment Due on your Account by the Payment Due Date for any billing cycle.  The penalty APR may 
be applied because you failed to make a payment or you made a payment that was returned by your bank.  If the Penalty 
APR will be applied to your Account, we will send you advance notice and the Penalty APR will apply to transactions 
made after the date specified in our notice.  After the penalty APR is applied, we will review your Account at least every 6 
months.  The penalty APR will continue to apply until you have no late payments on your Account during the 6 months 
being reviewed.  

How We Calculate Interest 
We use the average daily balance method (including new transactions) to calculate the interest owed on your Account for 
each billing cycle:  
•  We first figure out the average daily balance for each type of transaction. By type of transaction, we mean Purchases, 
Cash Advances, Balance Transfers and any transaction subject to a promotional offer. If any portion of a Purchases 
balance received a Grace Period, that amount is not included in this calculation.  

•  To get the average daily balance for each type of transaction, we take the beginning balance for that transaction-type, 

which will include any unpaid balance on those transactions and any unpaid interest on those transactions.  

•  To the beginning balance, we add:  

* An amount equal to the applicable DPR multiplied by the previous day’s closing daily balance, and  
* Any new transactions, applicable fees or other debits.  

Then we subtract any payments or credits. This gives us the daily balance. If any daily balance is less than zero we treat it 
as zero.  
•  Next, we add up all the daily balances for that transaction-type during the billing cycle, and then divide this total by the 
number of days in the billing cycle. This gives us the average daily balance. This method of calculating the average 
daily balance results in charging interest on unpaid interest (also known as compounding) and fees.  
•  We multiply the average daily balance by the applicable DPR, and then we multiply the resulting amount by the 

number of days in the billing cycle to determine the amount of interest owed for that type of transaction.  
•  After calculating the amount of interest owed for each type of transaction, we add together these amounts to 

determine the total amount of interest owed on your Account for the billing cycle. If any interest charge is due, we will 
charge you at least the Minimum Interest Charge shown on the Account Summary Table.  

We add transactions and fees to your daily balance (and they may begin accruing interest) no earlier than:  
•  For new Purchases – on its transaction date or the first day of the billing cycle, whichever is later.  

Rev. 01/01/2019 

Page 6 

 
 
 
 
 
 
 
 
•  For new Balance Transfers and Cash Advances – the transaction date. For Access Checks and Balance Transfers 
made by check, the transaction date is the date the check is first deposited or cashed. For Balance Transfers made 
electronically, the transaction date is the date we transmit the Balance Transfer to your other creditor. 

•  For a Returned Payment – the date that the corresponding payment posted to your Account.  
•  Fees – either on the date of a related transaction, the date they are posted to your account, or the last day of the 

billing cycle, whichever we may choose.   

These sections describe how certain conditions may or may not affect your responsibility for the Account. 

Condition 

What It Means To You  

Our Rights and Responsibilities 

Your Responsibility for the Account 

All persons who requested or otherwise agreed 
to be responsible for the Account, whether at 
the time of application or later, are individually 
and jointly responsible for the total outstanding 
balance on the Account. If you and one or more 
persons are responsible to pay any total 
outstanding balance, we may refuse to release 
any of you from liability until you repay the total 
outstanding balance owed to us under the terms 
of this Agreement. 

At your request, we may issue a Card to an 
authorized user.  We have no obligation to issue 
cards to any authorized user, and we may 
terminate the access of any or all authorized 
users to your Account at any time. If we 
terminate an authorized user’s access to your 
Account, we may close your Account and open 
a new account with a different account number. 

Joint 
Account 

Authorized 
Users 

If you have a joint Account, each of you may use 
the Account and we may ask any one of you to pay 
any balance due on the Account. We may send 
notice to any one of you, and it will be considered 
notice to all of you. Any one of you may give us 
any notice under this Agreement. If you give us 
different notices or make different requests, we 
may pick which one to honor without telling any of 
you. We will not owe anything to you or anyone 
else because we picked one of your notices or 
requests. We may send Account materials (Cards, 
statements and notices) to any of you, and you will 
be responsible for delivering those materials to the 
others and to any authorized users. 
If you permit any person to use your Card, Access 
Checks, Account number, or other credit device 
with the authorization to obtain credit on your 
Account, you will be responsible for all transactions 
made by that person to the fullest extent permitted 
by law, including transactions for which you may 
not have intended to be liable, even if the amount 
of those transactions causes your credit limit to be 
exceeded. Authorized users may have the same 
access to information about the Account and its 
users as you have.  

You may allow authorized users on your Account 
in the following ways:  
•  By notifying us that you want someone added 
to your Account as an authorized user; or  

•  By lending your Card or Account number to 

another; or  

•  By any other ways in which you would be 

legally considered to have authorized another 
person to use your Account or be legally 
prevented from denying that you did so.  
You must think carefully before you allow anyone 
to become an authorized user. By doing so, you 
authorize the person to use your Account to the 
same extent you can, including but not limited to 
making any Purchases, Balance Transfers, Cash 
Advances, and allowing others to use your 
Account. Your Account does not permit you to limit 
the nature or amount of authority you give to any 
authorized user and you will not attempt to do so. 
An authorized user’s authority will continue until 
you notify us that you are terminating the authority 
and you physically retrieve the Card. If you cannot 
retrieve the Card, you will remain liable for any 
transactions that we cannot prevent after you notify 
us. 

Rev. 01/01/2019 

Page 7 

 
 
 
 
 
 
Unauthorized 
Transactions 

If you notice the loss or theft of your Card or 
possible unauthorized use of your Account, you 
should write to us immediately at: Regions Bank, 
PO Box 413, Birmingham, Alabama, 35201, or call 
us at 1-800-253-2265. 

You will not be liable for any unauthorized use 
that occurs after you notify us. You may, 
however, be liable for unauthorized use that 
occurs before your notice to us. We will extend 
to you the benefits of the zero liability policy, in 
effect at the time of any unauthorized use, for 
the network responsible for processing 
transactions on your Card. In any case, your 
liability will not exceed $50. 

Term 

What It Means To You  

Other Account Terms 

Changes to 
Your Contact 
Information 

Credit 
Information 

Telephone 
Calls 

Benefits and 
Rewards 

Enforcement 

Arbitration 

Governing 
Law 

Assignment 

MD  
Residents 

You must notify us immediately of any change to your address or any of your other contact information 
by writing or calling us using the Customer Service address or phone number provided on each billing 
statement. 
We may get and review your credit history from credit reporting agencies and others. We also may 
provide information about you and your account to credit reporting agencies and others. If you believe 
we have furnished inaccurate or incomplete information about you or your account to a credit 
reporting agency, write to us at: Regions Bank, Credit Reporting Agencies, 2050 Parkway Office 
Circle, Hoover, Alabama 35244. Please include your name, address, home phone number, and 
account number, and explain what you believe is inaccurate or incomplete. 
You agree that we may (without any obligation): (1) record, retain and/ or monitor any communications 
between you and us (including, without limitation, telephone conversations), without further notice to 
any person, and all such communications shall be and remain our property; (2) call you using an 
automated telephone dialing system or otherwise, leave you a voice, prerecorded, or artificial voice 
message, or send you a text, e-mail, or other electronic message in order to service your Account, to 
collect any amounts you may owe with respect to your Account or for other informational purposes 
related to your Account; (3) call or text you at any telephone number that you provide to us, including 
cellular telephone numbers. You are not required to provide this consent with respect to 
communications made to a cellular telephone number. You may revoke your consent to be contacted 
at a cellular telephone number using an automatic telephone dialing system and/or an artificial or 
prerecorded message by contacting us and providing such information as we may request in order to 
process the revocation of your consent. For example, you may call us at 1-888-219-9227. 
You may be offered certain benefits and rewards with your Account. We may change, add, or delete 
benefits and rewards at any time and without notice to you. Any such benefits or rewards are not a part 
of this Agreement, but are subject to the terms and restrictions provided in the separate agreement for 
those benefits or rewards. 
Our failure or delay in exercising any of our rights under this Agreement does not mean that we cannot 
exercise those rights later. For example, if we take no action when you go into default, we may 
exercise our rights later if you continue in default or again go into default. If any provision of this 
Agreement is found to be invalid, the remaining provisions will continue to be enforceable. 
Either you or we may ask to settle disputes relating to this Agreement or your Account by arbitration. 
Arbitration is a way of working out disputes without going to court. If you or we ask for arbitration, we 
would all meet with a person called an arbitrator. An arbitrator is like a referee or a judge. The arbitrator 
will listen to what you and we have to say. The arbitrator will decide who is right. The arbitrator’s 
decision is called an award. The party who wins the award can take it to any court that could have 
heard the dispute and get an official judgment. The specific terms and conditions under which we 
may arbitrate a dispute are continued in the “Arbitration” section of this Agreement. Please 
read the rest of this section carefully. 
This Agreement is made in Alabama and we extend credit to you from Alabama. This Agreement and 
your Account are governed by the laws of the State of Alabama (without regard to its conflict of laws 
principles) and by any applicable federal laws, regardless of where you reside or use the Account. 
At any time and without notice to you, we may assign your Account, any sums owed on your Account, 
this Agreement, or our rights or obligations under your Account or this Agreement to any person or 
entity. The person or entity to whom we make any such assignment will be entitled to all of the rights or 
obligations we have assigned. 
You have the right under Maryland Commercial Law Code Section 12-510 to receive an answer to a 
written inquiry concerning the status of your Account. Finance charges will be imposed on the 
outstanding balances from month to month in amounts or at rates not in excess of those permitted by 
law. 

Rev. 01/01/2019 

Page 8 

 
 
 
 
 
NJ  
Residents 

All provisions of this Agreement are valid, enforceable and applicable in New Jersey. 

Additional Terms for Regions Explore Secured Credit Card Accounts 

You acknowledge that your obligations under this Agreement are secured by the Regions savings account and related 
collateral identified in the Hold Authorization and Security Agreement that you signed when applying for the Account.  
Under the Hold Authorization and Security Agreement (and notwithstanding any provisions of this Agreement to the 
contrary), if your Account is closed for any reason, whether by you or us, we may apply the funds in this savings account 
to the amount owed on your Account, and retain any excess funds for up to sixty (60) days in order to cover any 
transactions, fees or charges that may post to your Account after it is closed. 

Arbitration 
If your Account was opened on or after October 3, 2017 and you were a “covered borrower” (as defined in the 
U.S. Department of Defense regulation implementing the federal Military Lending Act) when you applied for the 
Account, this ARBITRATION AND WAIVER OF JURY TRIAL section will not apply as long as you continue to be a 
covered borrower.  

ARBITRATION AND WAIVER OF JURY TRIAL. Except as expressly provided herein, you and we agree that either 
party may elect to resolve by BINDING ARBITRATION any controversy, claim, counterclaim, dispute or 
disagreement between you and us, whether asserted or brought in a direct, derivative, assignee, survivor, 
successor, beneficiary or personal capacity and whether arising before or after the effective date of this 
Agreement (any “Claim”). Claim has the broadest possible meaning and includes, but is not limited to, any 
controversy, claim, counterclaim, dispute or disagreement arising out of, in connection with or relating to any 
one or more of the following: (1) the interpretation, execution, administration, amendment or modification of this 
Agreement (including any Debt Cancellation Addendum to this Agreement); (2) your Account; (3) any charge or 
cost incurred pursuant to this Agreement; (4) any transaction involving your Account or this Agreement; (5) the 
collection of any amounts due under this Agreement or on your Account; (6) any alleged contract or tort arising 
out of or relating in any way to this Agreement, your Account, any transaction on your Account, any 
advertisement or solicitation, or your business, interaction or relationship with us; (7) any breach of any 
provision of this Agreement; (8) any statements or representations made to you with respect to this Agreement, 
your Account, any transaction on your Account, any advertisement or solicitation, or your business, interaction 
or relationship with us; (9) any property loss, damage or personal injury; (10) any claim, demand or request for 
compensation or damages from or against us; (11) any damages incurred on or about our premises or property; 
or (12) any of the foregoing arising out of, in connection with or relating to any agreement which relates to this 
Agreement, your Account, any credit, any charge, any transaction or your business, interaction or relationship 
with us, including without limitation any agreement regarding benefits or rewards provided in connection with 
this Agreement or your Account. If either party elects to arbitrate, the Claim shall be settled by BINDING 
ARBITRATION under the Federal Arbitration Act (“FAA”). This agreement to arbitrate shall include any Claim 
involving our current and former officers, directors, employees, agents, representatives, contractors, subcontractors, 
parent, subsidiaries, affiliates, successors, assigns, any third party that assigned any agreements to us and any of the 
respective current and former employees, officers, agents or directors of such affiliates or third parties, and any such 
Claim against any of those parties may be joined or consolidated with any related Claim against us in a single arbitration 
proceeding. In addition, if we become a party in any lawsuit that you have with any third party, whether through 
intervention by us or by motion or pleading made by you or any third party, we may elect to have all claims in that lawsuit 
between you and such third party to be resolved by BINDING ARBITRATION under this Agreement.  

The arbitration shall be administered by the American Arbitration Association (the “AAA”) under its Commercial Arbitration 
Rules or the Consumer Arbitration Rules, as applicable (collectively the “Arbitration Rules”) in effect at the time the 
demand for arbitration is filed. In the event of a conflict between the Arbitration Rules and this Agreement, this Agreement 
shall control. We will tell you how to contact the AAA and how to get a copy of the Arbitration Rules without cost if you ask 
us in writing to do so. Or, you may contact the AAA directly at 1-800-778-7879 (toll free) or at www.adr.org. 

If the Consumer Arbitration Rules apply and your Claim for actual damages does not exceed $75,000, you shall be 
responsible for paying one-half of the arbitrator’s fees, up to a maximum of $125 (if your Claim for actual damages does 
not exceed $10,000) or $375 (if your Claim for actual damages exceeds $10,000 but does not exceed $75,000). For any 
consumer-related Claim that does not exceed $75,000, we will pay all other arbitrator’s fees and costs imposed by the 
administrator of the arbitration.  

If the Consumer Arbitration Rules apply and your Claim seeks actual damages in excess of $75,000 or non-monetary 
damages, or if the Commercial Arbitration Rules apply, you shall be responsible for paying the administrative costs and 
arbitrator’s fees as provided in the applicable Arbitration Rules. Except as otherwise provided in this Agreement or in the 
applicable Arbitration Rules, the final award by the arbitrator(s) may apportion the administrative fees, expenses and 

Rev. 01/01/2019 

Page 9 

 
 
 
 
 
 
 
 
 
arbitrators’ fees between you and us as part of the award, as the arbitrator(s) determines is appropriate. The fees and 
cost stated in this Agreement are subject to any amendments to the Arbitration Rules and fee and cost schedules of the 
AAA. The fee and cost schedule in effect at the time you submit your Claim shall apply. The Arbitration Rules permit you 
to request a deferral or reduction of the administrative fees of arbitration if paying them would cause you extreme 
hardship.  

Each party also has the option of filing an action in small claims court or your state’s equivalent court, for any 
Claim or disputes within the scope of the small claims court’s jurisdiction. But if a Claim is transferred, removed 
or appealed to a different court, we then have the right to demand arbitration of the Claim.  

The arbitration of any Claim of $150,000 or greater shall be conducted by a panel of three arbitrators, unless you and we 
agree otherwise. The arbitration of any Claim of a lesser amount shall be conducted by one arbitrator. Unless you and we 
have agreed on the arbitrator(s), each arbitrator shall be selected in accordance with the procedure in the Commercial 
Arbitration Rules for appointment from the national roster, except that the AAA will not administratively appoint any 
arbitrator under any circumstances and regardless of the number of parties or amount of your Claim. 

Except as expressly provided in this agreement to arbitrate, no Claim may be joined with another dispute or 
lawsuit, or consolidated with the arbitration of another Claim, or resolved on behalf of similarly situated 
persons, or brought as private attorney general or on another similar representative basis. For any Claim 
subject to arbitration, you may not participate in a class action in court or in a class-wide arbitration, either as 
a plaintiff or claimant, class representative or class member. 

All statutes of limitation, defenses, and attorney-client and other privileges that would apply in a court proceeding shall 
apply in and to the arbitration. Any in-person arbitration hearing will be held at a location that is reasonably convenient to 
all parties in either your state of residence or the state of your statement address with Regions, with due consideration of 
their ability to travel and other pertinent circumstances. If the parties are unable to agree on a location, that determination 
shall be made by the arbitrator(s).  

Any dispute regarding whether a particular controversy is subject to arbitration, including any claim of unconscionability 
and any dispute over the enforceability, scope, reach or validity of this agreement to arbitrate disputes or of this entire 
Agreement, shall be decided by the arbitrator(s).  

The arbitrator(s) shall establish such reasonable procedures as may be necessary for the reasonable exchange of 
information and materials between the parties prior to such arbitration. In rendering an award, the arbitrator(s) shall apply 
applicable contract terms, statutes and legal precedent and shall follow the Federal Rules of Evidence, enforce applicable 
privileges, and employ applicable burdens of proof. The arbitrator(s) shall award only such relief as a court of competent 
jurisdiction could properly award under applicable law (and which shall be governed by the constitutional standards 
employed by the courts). The arbitrator(s) shall have the authority to award attorneys’ fees, costs and expenses, in whole 
or in part, in instances where such is authorized by applicable law.  

All awards shall be reasoned awards and the arbitrator’s findings, reasoning, decision, and award shall be set forth in 
writing and shall be based upon and be consistent with the law of the jurisdiction that applies to the Claim. Judgment on 
the arbitration award may be entered in any court having jurisdiction.  

In the event that the arbitration results in an award which imposes an injunction on you or on us or contains a monetary 
award in excess of $250,000, the award shall be reviewable on appeal initiated within 30 days of the award, and shall not 
be considered final until after the time for filing the notice of the appeal has expired.  The appeal shall be governed by the 
AAA Optional Appellate Arbitration Rules; to the extent they are not inconsistent with this Agreement, and shall be 
conducted by a panel of three new arbitrators selected to hear the appeal under the procedure for appointment from the 
national roster, except that the AAA shall not unilaterally appoint the arbitrators for the appeal, unless you and we so 
agree. Appeals must be initiated within thirty (30) days of receipt of the underlying award, by filing a Notice of Appeal with 
any AAA office. The decision of the panel shall be by majority vote. Such review shall reconsider anew any aspect of the 
initial award requested by the appealing party. Following the appeal process, the decision rendered by the appeal tribunal 
may be entered in any court having jurisdiction thereof.  If the award does not impose an injunction on you or on us or 
contain a monetary award in excess of $250,000, then the award shall not be appealable and shall only be subject to such 
challenges as would otherwise be permissible under the FAA. 

This agreement to arbitrate does not limit the right of you or us, whether before, during or after the pendency of any 
arbitration proceeding, to exercise self-help remedies such as set-off, recoupment, repossession, trustee’s sales and the 
like. This agreement to arbitrate does not limit the right of you or us, whether before or during the pendency of any 
arbitration proceeding to bring an action (individually, and not on behalf of a class) to obtain provisional or ancillary 
remedies or injunctive relief (other than a stay of arbitration) to protect the rights or property of the party seeking such 

Rev. 01/01/2019 

Page 10 

 
 
 
 
 
 
 
  
 
 
 
 
 
relief. However, the arbitrator(s) shall have the power to vacate and/or stay any such proceedings or orders granting 
provisional or ancillary remedies or injunctive relief, upon application by you or us. The taking by either you or us of any of 
the self-help remedies or by filing any action in court, including but not limited to the actions described in the preceding 
sentence, shall not be deemed to be a waiver of the right to elect BINDING ARBITRATION of any Claim upon the filing of 
a counterclaim, crossclaim, third party claim or the like by either you or us in response to any such action.  

You and we specifically acknowledge and agree that this Agreement evidences a “transaction involving commerce” under 
the FAA, and hereby waive and relinquish any right to claim otherwise. You and we hereby acknowledge, agree and 
stipulate that Regions Bank is a multi-state banking organization engaging in interstate banking and commerce; all 
transactions on credit card accounts involve interstate commerce; and we regularly use the services of businesses 
located in other states in opening and administering credit card accounts.  

Should the AAA be unavailable, unable or unwilling to accept and administer the arbitration of any Claim, or any appellate 
proceeding, as applicable, or otherwise refuse or decline to accept and administer the arbitration of any Claim, or any 
appellate proceeding, as applicable – in whole or in part and for any reason whatsoever or for no reason – this agreement 
to arbitrate shall not fail or be invalidated as a result. Rather, in that instance, any party to the Claim may then petition a 
court of competent jurisdiction under 9 U.S.C. § 5 to appoint the arbitrator(s).  Upon consideration of such a 9 U.S.C. § 5 
petition, should the court decline or refuse to appoint the arbitrator(s), then and only then and within 30 days of a final and 
non-appealable decision on the matter from such court, you and we shall each respectively pick one arbitrator, and those 
two arbitrators shall then, by mutual agreement and within 30 days of the selection of the second of them, select a third 
arbitrator. The third arbitrator so selected shall then arbitrate the Claim as the sole arbitrator, except with respect to a 
Claim for $150,000 or greater, in which case all three arbitrators so selected shall arbitrate the claim together, with the 
award and all pre-award decisions made by majority vote. In the case of any arbitration not administered by the AAA, the 
arbitrator(s) shall still be bound by all applicable provisions of this agreement to arbitrate and the Federal Arbitration Act. 
They further shall administer and conduct the arbitration under the applicable AAA Arbitration Rules, to the extent such 
rules may be practicably applied to an arbitration not administered by the AAA.  

If any term or provision of this agreement to arbitrate disputes and waiver of jury trial is held to be invalid or 
unenforceable, the remaining provisions shall be enforced without regard to the invalid or unenforceable term or provision; 
provided, that if you or we seek to bring a joined, consolidated, or class action for arbitration, and if the foregoing 
prohibition against the arbitration of joined, consolidated or class actions is finally held by an authority of competent 
jurisdiction to be invalid or unenforceable, the arbitration agreement between you and us shall then be deemed 
inapplicable to such joined, consolidated or class action, to the effect that any permitted and lawful joined, consolidated or 
class action shall be adjudicated in accordance with the provisions of applicable law and shall not be resolved through 
arbitration (provided further, that the jury trial waiver shall, in any event, remain in full force and effect to the fullest extent 
permitted by law). This agreement to arbitrate disputes and waiver of jury trial shall survive your death, the closing of your 
account and the termination of any of your business or transaction(s) with us, any bankruptcy to the extent consistent with 
applicable bankruptcy law and shall also survive as to any Claim covered within the scope of this Agreement.  

Whether any controversy is arbitrated or settled by a court, you and we voluntarily and knowingly waive any right 
to a jury trial with respect to such controversy to the fullest extent allowed by law.    

Your Billing Rights: Keep This Document for Future Use 

This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.  

What to Do If You Find a Mistake on Your Statement  
If you think there is an error on your statement, write to us at the address shown in the version of this section that is 
included on your billing statement. In your communication, give us the following information:  
•  Account information: Your name and account number.  
•  Dollar amount: The dollar amount of the suspected error. 
•  Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you 

believe it is a mistake.  

You must contact us:  
•  Within 60 days after the error appeared on your statement.  
•  At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you 

think is wrong.  

You must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any 
potential errors and you may have to pay the amount in question.  

What Will Happen After We Receive Your Letter  

Rev. 01/01/2019 

Page 11 

 
 
 
 
 
 
 
 
 
 
 
 
 
When we receive your letter, we must do two things:  
1.   Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you if we have 

already corrected the error.  

2.   Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is 

correct.  

While we investigate whether or not there has been an error:  
•  We cannot try to collect the amount in question, or report you as delinquent on that amount.  
•  The charge in question may remain on your statement, and we may continue to charge you interest on that amount.  
•  While you do not have to pay the amount in question, you are responsible for the remainder of your balance.  
•  We can apply any unpaid amount against your credit limit.  
After we finish our investigation, one of two things will happen:  
• 

If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that 
amount.  
If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest 
and fees. We will send you a statement of the amount you owe and the date payment is due. We may then report you 
as delinquent if you do not pay the amount we think you owe.  

• 

If you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that you still 
refuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are questioning your bill. 
We must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know 
when the matter has been settled between us.  

If we do not follow all of the rules above, you do not have to pay the first $50 of the amount you question, even if your bill 
is correct.  

Your Rights If You Are Dissatisfied With Your Credit Card Purchases  
If you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in 
good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the 
purchase.  

To use this right, all of the following must be true:  
1.  The purchase must have been made in your home state or within 100 miles of your 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 advertisement we mailed to you, or if we own the company that sold you the goods or services.)  

2.   You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a 

check that accesses your credit card account do not qualify.  

3.   You must not yet have fully paid for the purchase.  
If all of the criteria above are met and you are still dissatisfied with the purchase, write to us at the address shown on the 
payment coupon included with your statement. While we investigate, the same rules apply to the disputed amount as 
discussed above. After we finish our investigation, we will tell you our decision. At that point, if we think you owe an 
amount and you do not pay, we may report you as delinquent.  

Rev. 01/01/2019 

Page 12 

 
 
 
 
 
 
 
 
 
 
This Hold Authorization and Security Agreement applies only for Regions Explore Secured Credit Card Accounts.  

Regions Explore Visa Credit Card 
Hold Authorization and Security Agreement  

Regions Explore Card Savings Account Number: ________________ 
Credit Card Applicant(s): ____________________________ 
____________________________ 
____________________________ 
Date of Agreement: ____________________________ 

This Hold Authorization and Security Agreement is made and executed  between each Credit Card Applicant identified 
above (an “Applicant”) and Regions Bank ("Bank"). 

HOLD AUTHORIZATION.  The above-named Applicant(s) are applying to Bank for a credit card account (the “Credit Card Account”) 
to be secured by the Regions Explore Card Savings account identified above (the “Savings Account”).  If this credit application is 
approved,  Bank  will place a  hold on  the  funds  in  the  Savings  Account,  which  will  restrict  deposits  to  and  withdrawals  from  the 
Savings Account (the “Savings Account Hold” or the “Hold”).  The Savings Account Hold will take effect immediately upon approval 
of the application, which will occur before the credit card account is opened for the Applicant(s).  Once the Savings Account Hold 
takes effect, the funds in the Savings Account will not be available for withdrawal and will not be included in the available balance 
for the Savings Account.  By entering into this Agreement, each Applicant authorizes Regions to place the Hold on the Savings 
Account immediately upon approval of the credit card application, as described above.  If the application for the Credit Card Account 
is not approved, Bank will notify the Applicant(s) of this decision.  In this event, this Agreement will terminate automatically, no Hold 
will  be placed on  the  Savings  Account,  the  funds  in  the  Savings  Account  will  be  returned  to  the  Applicant(s), and  the  Savings 
Account will be closed. 

GRANT OF SECURITY INTEREST.  For valuable consideration, each Applicant grants to Bank a security interest in the Savings 
Account  identified  above,  together  with  (A)  all  interest,  whether  now  accrued  or  hereafter  accruing;  (B)  all  additional  deposits 
hereafter made to the Savings Account; (C) any and all proceeds from the Savings Account; and (D) all renewals, replacements 
and substitutions for any of the foregoing (the “Collateral”).  This security interest in the Collateral will secure all amounts owed by 
the Applicant(s) to Bank on the Credit Card Account (the “Indebtedness”), as provided in the agreement for the Credit Card Account 
(the “Credit Card Agreement”).  This Agreement, including the Hold and this security interest, will remain in effect until there no 
longer is any Indebtedness owing to Bank. 

APPLICANT'S REPRESENTATIONS AND PROMISES WITH RESPECT TO THE COLLATERAL.  Each Applicant represents 
and promises to Bank that: 

Ownership.  Applicant is the lawful owner of the Collateral free and clear of all loans, liens, encumbrances, and claims except 
as disclosed to and accepted by Bank in writing. 

Right to Grant Security Interest.  Applicant has the full right, power, and authority to enter into this Agreement and to assign 
the Collateral to Bank. 

No Prior Assignment.  Applicant has not previously granted a security interest in the Collateral to any other creditor. 

No  Further  Transfer.    Applicant  will  not  sell,  assign,  encumber,  or  otherwise  dispose  of  any  of  Applicant's  rights  in  the 
Collateral except as provided in this Agreement. 

No Defaults.  There are no defaults relating to the Collateral, and there are no offsets or counterclaims to the same.  Applicant 
will strictly and promptly do everything required of Applicant under the terms, conditions, promises, and agreements contained 
in or relating to the Collateral. 

Proceeds.  Any and all replacement or renewal certificates, instruments, or other benefits or proceeds related to the Collateral 
that are received by Applicant shall be held by Applicant in trust for Bank and immediately shall be delivered by Applicant to 
Bank to be held as part of the Collateral. 

Validity; Binding Effect.  This Agreement is binding upon Applicant and Applicant's successors and assigns and is legally 
enforceable in accordance with its terms. 

Financing Statements.  Applicant authorizes Bank to file a UCC financing statement, or alternatively, a copy of this Agreement 
to  perfect  Bank's  security  interest.    At  Bank's  request,  Applicant  additionally  agrees  to  sign  all  other  documents  that  are 
necessary to perfect, protect, and continue Bank's security interest in the Property (collectively, the  “Related Documents”).  
Applicant will pay all filing fees, title transfer fees, and other fees and costs involved unless prohibited by law or unless Bank 
is required by law to pay such fees and costs.  Applicant irrevocably appoints Bank to execute documents necessary to transfer 
title if there is a default.  Bank may file a copy of this Agreement as a financing statement.  Applicant will promptly notify Bank 
of any change to Applicant's name or the name of any individual Applicant, any individual who is a  partner for an Applicant, 
and any individual who is a trustee or settlor or trustor for an Applicant under this Agreement. Applicant will also promptly notify 
Bank  of  any  change  to  the  name  that  appears  on  the  most  recently  issued,  unexpired  driver's  license  or  state-issued 
identification card, any expiration of the most recently issued driver's license or state-issued identification card for Applicant or 
any individual for whom Applicant is required to provide notice regarding name changes. 

Rev. 01/01/2019 

Page 13 

 
 
 
 
 
 
 
 
 
BANK'S RIGHTS AND OBLIGATIONS WITH RESPECT TO THE COLLATERAL.  While this Agreement is in effect, Bank may 
retain  the  rights  to  possession  of  the  Collateral,  together  with  any  and  all  evidence  of  the  Collateral,  such  as  certificates  or 
passbooks.  Once the Credit Card Account is closed, whether by Applicant or Bank, Bank may retain the funds in the Savings 
Account for up to sixty (60) days in order to cover any transactions, fees or charges relating to use of the Credit Card Account that 
may post to the Credit Card Account after it is closed.   

BANK'S EXPENDITURES.  If Applicant fails to keep the Collateral free of all taxes, liens, security interests, encumbrances, and 
other claims, then Bank may do so.  If any action or proceeding is commenced that would materially affect Bank's interests in the 
Collateral, then Bank on Applicant's behalf may, but is not required to, take any action that Bank believes to be appropriate to 
protect Bank's interests.  All expenses incurred or paid by Bank for such purposes will then bear interest at the highest rate charged 
under the Credit Card Agreement, or the maximum rate permitted by law, whichever is less, from the date incurred or paid by Bank 
to the date of repayment by Applicant.  All such expenses will become a part of the Indebtedness and, at Bank's option, will (A) be 
payable on demand; (B) be added to the balance of the Indebtedness and be payable under the terms of the Credit Card Agreement.  
The Agreement also will secure payment of these amounts.  The rights provided for in this paragraph shall be in addition to any 
other  rights  or  any  remedies  to  which  Bank  may  be  entitled  on  account  of  any  default.   Any  such  action  by  Bank  shall  not  be 
construed as curing the default so as to bar Bank from any remedy that it otherwise would have had. 

LIMITATIONS ON OBLIGATIONS OF BANK.  Bank shall use ordinary reasonable care in the physical preservation and custody 
of any certificate or passbook for the Collateral but shall have no other obligation to protect the Collateral or its value.  In particular, 
but without limitation, Bank shall have no responsibility (A) for the collection or protection of any income on the Collateral; (B) for 
the preservation of rights against third persons; (C) for ascertaining any maturities, conversions, exchanges, offers, tenders, or 
similar matters relating to the Collateral; or (D) for informing the Applicant about any of the above, whether or not Bank has or is 
deemed to have knowledge of such matters. 

DEFAULT.  Applicant will be in default under this Agreement if any of the following happen: 

Account Closed.  The Credit Card Account or the Savings Account is closed for any reason, whether by Bank or any Applicant. 

Payment Default.  Applicant fails to make any payment on the Indebtedness when due under the Credit Card Agreement. 

Break Other Promises.  Applicant breaks any promise made to Bank or fails to perform promptly at the time and strictly in the 
manner provided in this Agreement, the Credit Card Agreement or in any agreement related to these agreements. 

False Statements.  Any representation or statement made or furnished to Bank by Applicant or on Applicant’s behalf under 
this Agreement or the Related Documents is false or misleading in any material respect, either now or at the time made or 
furnished. 

Defective Collateralization.  This Agreement or any of the Related Documents ceases to be in full force and effect (including 
failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason. 

Death or Insolvency.  Applicant dies, becomes insolvent, or files a petition in bankruptcy or similar proceedings, or is adjudged 
a bankrupt. 

Taking of the Collateral.  Any creditor or governmental agency tries to take any of the Collateral.  This includes taking of, 
garnishing of or levying on the Collateral.  However, if Applicant disputes in good faith whether the claim on which the taking 
of the Collateral is based is valid or reasonable, and if Applicant gives Bank written notice of the claim and furnishes Bank with 
monies or a surety bond satisfactory to Bank to satisfy the claim, then this default provision will not apply.  

Insufficient Savings Account Balance.  The balance of the Savings Account falls below 100% of the credit limit for the Credit 
Card Account.  If no other Event of Default has occurred, this event will not be considered an Event of Default unless and until 
Applicant had failed to cause the balance of the Savings Account to be increased to an amount no less than 100% of the credit 
limit for the Credit Card Account by the close of business on the next business day after Applicant has received notice from 
Bank of the deterioration of the Savings Account balance. 

RIGHTS AND REMEDIES ON DEFAULT.  Upon the occurrence of an Event of Default, or at any time thereafter, Bank may exercise 
any one or more of the following rights and remedies, in addition to any rights or remedies that may be available by contract, at law, 
in equity, or otherwise: 

Accelerate Indebtedness.  Bank may declare all Indebtedness of Applicant to Bank immediately due and payable, without 
notice of any kind to Applicant. 

Application of Savings Account Proceeds.  Bank may take the funds in the Savings Account without notice of any kind to 
Applicant,  apply  them  to  the  Indebtedness,  and  retain  any  excess  funds  for  up  to  sixty  (60)  days  in  order  to  cover  any 
transactions, fees or charges that may posit to the Credit Card Account after it is closed.  If the Savings Account is subject to 
an early withdrawal penalty, that penalty shall be deducted from the Savings Account before its application to the Indebtedness.  
Any excess funds remaining after application of the Savings Account proceeds to the Indebtedness will be paid to Applicant(s) 
as  the  interests of  Applicant(s)  may  appear.    Applicant  agrees,  to  the  extent  permitted  by  law,  to  pay  any  deficiency  after 
application of the proceeds of the Savings Account to the Indebtedness.   

Other Rights and Remedies.  Bank shall have all the rights of a secured party under the Alabama Uniform Commercial Code, 
even  if  the  Savings  Account  is  not  otherwise  subject  to  such  Code  concerning  security  interests,  and  the  parties  to  this 
Agreement agree that the provisions of the Code giving rights to a secured party shall nonetheless be a part of this Agreement.  
Bank also shall have and may exercise any or all of the rights and remedies of a secured creditor at law, in equity, or otherwise. 

Deficiency  Judgment.    If  permitted  by  applicable  law,  Bank  may  obtain  a  judgment  for  any  deficiency  remaining  in  the 
Indebtedness due to Bank after application of all amounts received from the exercise of the rights provided in this section. 

Rev. 01/01/2019 

Page 14 

 
 
 
 
Cumulative  Remedies.    Each  of  Bank's  rights  and  remedies,  whether  evidenced  by  this  Agreement,  the  Credit  Card 
Agreement or by any other writing, shall be cumulative and may be exercised alone or together.  Bank’s election to pursue any 
one remedy will not bar Bank from using any other remedy.  If Bank decides to spend money or to perform any of Applicant's 
obligations under this Agreement, after Applicant fails to do so, that decision by Bank will not affect Bank's right to declare 
Applicant in default and to exercise Bank's remedies. 

ARBITRATION AND WAIVER OF JURY TRIAL. Except as expressly provided in the Regions Deposit Agreement governing 
the Savings Account (the “Deposit Agreement”), each Applicant and Bank agree that any party may elect to resolve by 
BINDING ARBITRATION any controversy, claim, counterclaim, dispute or disagreement under this Agreement, whether 
asserted or brought in a direct, derivative, assignee, survivor, successor, beneficiary or personal capacity and whether 
arising  before  or  after  the effective date of  this  Agreement  (a “Claim”).  Claim  has  the  broadest  possible  meaning  and 
includes, but is not limited to, any controversy, claim, counterclaim, dispute or disagreement arising out of, in connection 
with  or  relating  to  any  one  or  more  of  the  following:  (1)  the  interpretation,  execution,  administration,  amendment  or 
modification of this Agreement; (2) the Savings Account; (3) any charge or cost incurred pursuant to this Agreement; (4) 
the collection of any amounts due under this Agreement; (5) any alleged contract or tort arising out of or relating in any 
way  to  this  Agreement,  the  Savings  Account,  or  the  Savings  Account  Hold;  (6)  any  breach  of  any  provision  of  this 
Agreement; (7) any statements or representations made to any Applicant with respect to this Agreement or the Savings 
Account Hold; (8) any property loss, damage or personal injury; (9) any claim, demand or request for compensation or 
damages from or against Bank; (10) any damages incurred on or about Bank’s premises or property; or (11) any of the 
foregoing arising out of, in connection with or relating to any agreement which relates to this Agreement, , the Savings 
Account, or the Savings Account Hold. If any party elects to arbitrate, the Claim shall be settled by BINDING ARBITRATION 
under the terms of the Deposit Agreement.  Any dispute arising from or related to the Credit Card Account, including 
without limitation any amounts due on the Credit Card Account, shall be settled by BINDING ARBITRATION under the 
terms of the Credit Card Agreement. 

MISCELLANEOUS PROVISIONS.  The following miscellaneous provisions are a part of this Agreement: 

Conflicting Agreements; Amendments.  What is written in this Agreement and in the Related Documents is Applicant's entire 
agreement with Bank concerning the matters covered by this Agreement.  In the event of a conflict between the terms of this 
Agreement and the terms of the Deposit Agreement or the Credit Card Agreement, the terms of this Agreement will apply.  To 
be effective, any change to this Agreement must be in writing and must be signed by whoever will be bound or obligated by 
the change. 

Attorneys' Fees; Collection Costs.  In the Credit Card Agreement, each Applicant agrees to pay certain collection costs Bank 
may incur in the event of a default, which may include reasonable attorneys’ fees.  This Agreement also secures all of those 
collection costs. 

Caption Headings.  Caption headings in this Agreement are for convenience purposes only and are not to be used to interpret 
or define the provisions of this Agreement. 

Governing Law.  This Agreement will be governed by federal law applicable to Bank and, to the extent not preempted 
by federal law, the laws of the State of Alabama without regard to its conflicts of law provisions.  This Agreement has 
been accepted by Bank in the State of Alabama. 

No Waiver by Bank.  Applicant understands Bank will not give up any of Bank's rights under this Agreement unless Bank does 
so in writing.  The fact that Bank delays or omits to exercise any right will not mean that Bank has given up that right.  If Bank 
does  agree  in  writing  to  give up  one  of  Bank's  rights,  that does  not mean  Applicant  will not have  to comply  with  the  other 
provisions of this Agreement.  Applicant also understands that if Bank does consent to a request, that does not mean that 
Applicant  will not  have to get Bank's  consent  again if the  situation happens  again.   Applicant  further understands  that just 
because Bank consents to one or more of Applicant's requests, that does not mean Bank will be required to consent to any of 
Applicant's future requests.  Applicant waives presentment, demand for payment, protest, and notice of dishonor. 

Notices.  Any notice required to be given under this Agreement shall be given in writing, and shall be effective when actually 
delivered,  when  actually  received  by  telefacsimile  (unless  otherwise  required  by  law),  when  deposited  with  a  nationally 
recognized overnight courier, or, if mailed, when deposited in the United States mail, as first class, certified or registered mail 
postage prepaid, directed to the addresses shown near the beginning of this Agreement.  Any person may change his or her 
address for notices under this Agreement by giving formal written notice to the other person or persons, specifying that the 
purpose of the notice is to change the person's address.  For notice purposes, Applicant agrees to keep Bank informed at all 
times of Applicant's current address.  Unless otherwise provided or required by law, if there is more than one Applicant, any 
notice given by Bank to any Applicant is deemed to be notice given to all Applicants.  It will be Applicant's responsibility to tell 
the others of the notice from Bank. 

Severability.  If a court finds that any provision of this Agreement is not valid or should not be enforced, that fact by itself will 
not mean that the rest of this Agreement will not be valid or enforced.  Therefore, a court will enforce the rest of the provisions 
of this Agreement even if a provision of this Agreement may be found to be invalid or unenforceable. 

Successors  and  Assigns.    Subject  to  any  limitations  stated  in  this  Agreement  on  transfer  of  Applicant's  interest,  this 
Agreement shall be binding upon and inure to the benefit of the parties, their successors and assigns.  If ownership of the 
Collateral  becomes  vested  in  a  person  other  than  Applicant,  Bank,  without  notice  to  Applicant,  may  deal  with  Applicant's 
successors  with  reference  to  this  Agreement  and  the  Indebtedness  by  way  of  forbearance  or  extension  without  releasing 
Applicant from the obligations of this Agreement or liability under the Indebtedness. 

Survival of Promises.  All promises, agreements, and statements Applicant has made in this Agreement shall survive the 
execution and delivery of this Agreement, shall be continuing in nature and shall remain in full force and effect until such time 

Rev. 01/01/2019 

Page 15 

 
 
 
 
as Applicant's Indebtedness is paid in full. 

Time is of the Essence.  Time is of the essence in the performance of this Agreement. 

EACH  APPLICANT  HAS  READ  AND  UNDERSTOOD  ALL  THE  PROVISIONS  OF  THIS  HOLD  AUTHORIZATION  AND 
SECURITY AGREEMENT AND AGREES TO ITS TERMS.   

THIS AGREEMENT IS GIVEN UNDER SEAL AND IT IS INTENDED THAT THIS AGREEMENT IS AND SHALL CONSTITUTE 
AND HAVE THE EFFECT OF A SEALED INSTRUMENT ACCORDING TO LAW. 

CAUTION - - IT IS IMPORTANT THAT YOU THOROUGHLY READ THE CONTRACT BEFORE YOU SIGN IT. 

APPLICANT(S): 

X _____________________________________________ 

(Seal)  

X _____________________________________________ 

(Seal)  

X _____________________________________________ 

       (Seal)  

Rev. 01/01/2019 

Page 16 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PRICING INFORMATION 
This table summarizes certain costs for new Regions Life, Prestige, Cash Rewards and Premium Visa Credit Card 
Accounts. Each Account is governed by the Credit Card Agreement sent with the Card, which contains the full terms 
and conditions of the Account. Regions may change the interest rates, fees and other terms for existing Accounts as 
provided in the Credit Card Agreement. This information about the costs of new Accounts is accurate as of July 1, 
2020, but may have changed since that date. To find out what may have changed or what special offers may be 
available, you can call us at 1-800-253-2265. 
Interest Rates and Interest Charges 
Annual Percentage Rate (APR) 
for Purchases 

0% introductory APR* for:  

15 Months* for Regions Life 
12 Months* for Regions Prestige, Cash Rewards and Premium  

After that your APR will be: 

11.99% - 21.99% for Regions Life, based on your creditworthiness 
and other factors as determined at the time of account opening.   
12.99% - 22.99% for Regions Prestige, based on your 
creditworthiness and other factors as determined at the time of account 
opening.   
13.99% - 23.99% for Regions Cash Rewards, based on your 
creditworthiness and other factors as determined at the time of account 
opening. 
13.99% for Regions Premium 
This APR will vary with the market based on the Prime Rate.a  

APR for Balance Transfers  

0% introductory APR† for:  

15 Months† for Regions Life 
12 Months† for Regions Prestige, Cash Rewards and Premium 

After that your APR will be: 

11.99% - 21.99% for Regions Life, based on your creditworthiness and other 
factors as determined at the time of account opening. 
12.99% - 22.99% for Regions Prestige, based on your creditworthiness and 
other factors as determined at the time of account opening.   
13.99% - 23.99% for Regions Cash Rewards, based on your creditworthiness 
and other factors as determined at the time of account opening.   
13.99% for Regions Premium 
This APR will vary with the market based on the Prime Rate.a  

APR for Cash Advances 

24.99%  

This APR will vary with the market based on the Prime Rate.b 

28.99%  

This APR will vary with the market based on the Prime Rate.c 

Penalty APR and When It Applies 

This APR may be applied to your account if you make a late payment, including if you 
make a timely payment that is later returned. 

How long will this Penalty APR apply?  If your APRs are increased for this 
reason, the Penalty APR will apply until you have at least six consecutive 
billing cycles with no late payment. 

How to Avoid Paying Interest 
on Purchases 

Your due date is at least 21 days after the close of each billing cycle.  We will not 
charge interest on purchases if you pay your entire balance by the due date each 
month.  

Minimum Interest Charge 

If you are charged interest, the charge will be no less than $1.50 

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau 

To learn more about factors 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 

Rev. 01/01/2019 

None for Regions Life, Regions Prestige and Regions Cash Rewards, $125 for 

Page 17 

 
 
 
 
 
 
 
 
 
Regions Premium 

Transaction Fees: 

•  Balance Transfer   
•  Cash Advance 
•  Foreign Transaction 
Penalty Fees: 

•  Late Payment 

Either $10 or 4% of the amount of each transfer, whichever is greater. 
Either $10 or 4% of the amount of each cash advance, whichever is greater 
None 

Up to $39 

How We Will Calculate Your Balance: We use a method called "average daily balance (including new transactions)."  
See your account agreement for more details.  

Loss of Introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment. 

Additional Terms and Conditions 

Variable Rates: Variable Rates on the Account are calculated by adding together an index and a margin. The margins 
are shown below. The index is the highest U.S. Prime Rate as published in the “Money Rates” section of The Wall Street 
Journal on the last publication day of each month. An increase or decrease in the index will cause a corresponding 
increase or decrease in your variable rates on the first day of your billing cycle that begins in the same month in which the 
index is published. An increase in the index means that you will pay higher interest charges and have a higher Total 
Minimum Payment Due. If The Wall Street Journal does not publish the U.S. Prime Rate, or if it changes the definition of 
the U.S. Prime Rate, the Bank may, in its sole discretion, substitute another index.  

a   Standard Rates for Purchases and Balance Transfers: 

•  Regions Life - Wall Street Journal Prime + a margin of 8.74% - 18.74%  
•  Regions Prestige - Wall Street Journal Prime + a margin of 9.74% - 19.74%  
•  Regions Cash Rewards - Wall Street Journal Prime + a margin of 10.74% - 20.74%  
•  Regions Premium - Wall Street Journal Prime + a margin of 10.74%  

b   Standard Rate for Cash Advances: 

•  Wall Street Journal Prime + a margin of 21.74%  

c   Penalty Rate: 

•  Wall Street Journal Prime + a margin of 25.74%, not to exceed 29.99%  

Introductory Rates: 
*  Introductory Rate on Purchases applies through the end of either the 15th monthly billing cycle (for Regions Life 

Accounts) or the 12th monthly billing cycle (for Regions Prestige, Cash Rewards and Premium Accounts) after the 
Account is opened for all Purchases posted to the Account during the same period. When this Introductory APR 
terminates, any remaining balance that had been subject to the Introductory APR will accrue interest at the Standard 
APR for Purchases disclosed above, as it may be changed under the Agreement.  

†  Introductory Rate on Balance Transfers applies through the end of either the 15th monthly billing cycle (for Regions Life 

Accounts) or the 12th monthly billing cycle (for Regions Prestige, Cash Rewards and Premium Accounts) after the 
Account is opened for all Balance Transfers posted within 60 days of Account opening. When this Introductory APR 
terminates, any remaining balance that had been subject to the Introductory APR will accrue interest at the applicable 
Standard APR for Balance Transfers disclosed above, as it may be changed under the Agreement. 

Rev. 01/01/2019 

Page 18