1 M-121702 Updated as of 05/17 STD 
APPLIED BANK� CREDIT CARD AGREEMENT 
In this Credit Card Agreement (�Agreement�) �we,� �us,� �our� and �Bank� refers to Applied 
Bank of Wilmington, Delaware. �You,� �your� and �yours� refer to the person or persons who 
are liable for the Visa� or MasterCard� credit card account (�Account�). This Agreement 
includes the �Schedule of Rates and Fees� and governs your Account. Furthermore, this 
Agreement includes the Terms and Conditions and any application disclosures which were 
made available to you when you applied for an account. If there are any inconsistencies, this 
Agreement shall control. It supersedes and replaces any prior agreement you may have with us 
for this account. This Agreement (or any prior credit card agreement we provided to you) 
became effective when your Account was approved. If you do not agree to abide by the terms 
of this Agreement, you must close your Account, in the manner provided in this Agreement, 
before you attempt to obtain the first Cash Advance or Purchase on your Account or otherwise 
use your Account. If you close your Account within 30 days of the date it is opened we will 
issue a credit to your Account for any fees or Interest Charges we assess and charges for goods 
or services provided by our affiliated companies. 
THIS AGREEMENT CONTAINS AN ARBITRATION PROVISION THAT MAY 
SUBSTANTIALLY LIMIT OR AFFECT YOUR RIGHTS. AS SET FORTH IN THE 
ARBITRATION PROVISION, YOU MAY EXCLUDE YOURSELF FROM THE 
ARBITRATION PROVISION WITHOUT AFFECTING YOUR RIGHT TO CREDIT 
OR ANY OTHER TERMS OF THIS AGREEMENT IF YOU SEND US A WRITTEN 
NOTICE WITHIN THIRTY (30) DAYS AFTER YOU OPEN YOUR ACCOUNT. 
PLEASE READ THE ARBITRATION PROVISION CAREFULLY AND KEEP IT FOR 
YOUR RECORDS. THE ARBITRATION PROVISION SHALL BE EFFECTIVE 
UNLESS PROHIBITED BY LAW, RULE OR REGULATION. 
Definitions.  Other defined terms used in this Agreement include: 
1.�ATM�  means any automated teller machine.
2.�Authorized User�  means anyone you authorize to use the Card (or any other credit
device we supply to you) or your Account to obtain credit. If you request, and at our discretion, 
we may issue an additional Card in the name of the Authorized User with your Account 
number provided that the Authorized User to whom the card is to be issued accepts joint and 
severable liability for the account. You agree to be obligated for all credit obtained by all 
Authorized Users as if that credit were obtained by you, including credit for which you may not 
have intended to be liable. 
3.�Billing Cycle�  means a monthly billing period, which begins on or about the same
day of each month. 
4.�Card�  means the card(s) issued in connection with your Account.
5.�Cash Advance Check�  means Visa Check, MasterCard Check or any other checks,
drafts or written instruments we supply to you to obtain a Cash Advance on your Account. 
6.�Cash Advance�  means credit you or an Authorized User obtain on your Account in
any of the following ways: 
(a) by drawing a Cash Advance Check on your Account,
(b) by presenting the Card (or any other credit device we supply to you) to us or
to any other participating MasterCard or Visa financial institution or other provider, to obtain 
cash or to make a transfer from your Account to any other deposit or loan account or to make   2 any other transactions  that involve the purchase of items that are readily convertible to cash or 
similar transactions including, but not limited, to money orders, stamps, travelers cheques, bail 
bonds, tax payments and gaming transactions (it being understood that you will onl y engage in 
gaming transactions where lawful),  
  (c) by using the Card at an ATM or other device available for this purpose, to 
obtain cash or to make a transfer from your Account to any other deposit or loan account you 
have with us,  
  (d) by incurring c ertain fees which may be billed as a Cash Advance for billing 
purposes such as the Account Origination Fee, Cash Advance Fee Interest Charge, Credit Limit 
Increase Fee, Upgrade Fee and any other fee defined in this Agreement or otherwise disclosed 
to you a s a Cash Advance.  
 You may not be able to obtain a Cash Advance during the first ninety -five (95) days 
that your Account is open. The Terms and Conditions of the Account govern this provision.  
 7. �Closing Date�  means the last day of any Billing Cycle.  
 8. �Credit Limit�  means the maximum amount of credit we have approved for you on 
your Account.  
9. �Deposit�  means the deposit account that you may maintain with us at any time in 
connection with your Account. The Deposit is subject to our regular Deposit Ac count Rules 
and Regulations (the �Rules�) which are in effect (as may be amended from time to time) and 
which are included with this Agreement. Information described in the Truth -in-Savings 
disclosures of the Deposit account has been or will be sent to you  if and when you open the 
Deposit. Your Deposit will secure all credit you now have or later obtain on your Account, as 
well as our charges.  
 10. �New Balance�  means the outstanding balance in your Account at the end of any 
Billing Cycle. The New Balance i s the sum of the Previous Balance shown on your Statement, 
less payments and credits, plus new Cash Advances and Purchases and our charges (including 
Interest Charges) posted during the Billing Cycle.  
 11. �POS�  means point of sale.  
 12. �Purchase�  means credit you or an Authorized User obtains on your Account, 
when you present the Card, or Card number, to a merchant honoring the Card or use the Card at 
a POS terminal to purchase goods and/or services. A Purchase also includes any fee listed in 
the �Our Ch arges� portion of this Agreement and any other fee, Interest Charge, or other 
transaction billed to your Account (for example, debt protection) that is not a Cash Advance.  
 13. �Statement�  means a statement of your Account which we will send to you at the  
end of any Billing Cycle in which we owe you or you owe us more than $1, or we impose any 
charge (including Interest Charges), or any payment, credit, Cash Advance or Purchase is 
posted to your Account.  
 Using Your Account To Obtain Credit.  You can use th e Card and your Account to 
make Purchases and obtain Cash Advances at any time, as long as you are not in Default and 
your credit privileges have not been terminated. We may also allow Purchases or Cash 
Advances on your Account, even if you are in Default or your credit privileges have been 
terminated, if the Purchase or Cash Advance was made by you or an Authorized User. Your 
Account may be used only for valid and lawful purposes. If you use or allow someone else to 
use your Account for any other purpose y ou will be responsible for such use and may be 
required to reimburse us and/or Visa or MasterCard for all amounts or expenses either we or 
Visa or MasterCard pay as a result of such use.    3  Credit Limit.  Your Credit Limit appear s on the accompanying Card ca rrier and on your 
Statements. You may not exceed or attempt to exceed your Credit Limit at any time. However, 
if your Account balance exceeds your Credit Limit for any reason, we may require that you pay 
us any such excess immediately on demand, rather tha n in monthly installments. If we have 
previously honored requests for credit over your Credit Limit, it does not mean that we will 
honor further overlimit requests. We may offer or accept requests for credit limit increases, 
which may be subject to a Credi t Limit Increase Fee Interest Charge.   
 Promise to Pay.  By opening an Account, signing the Card or obtaining credit on your 
Account, you agree, jointly and severally if more than one person is contractually liable for the 
Account, to be obligated for all c redit obtained on your Account, whether by you or any of you, 
or by any Authorized User, as well as for our charges (including Interest Charges) as provided 
in this Agreement. You also agree to be legally bound by this Agreement. You promise to pay 
to us a ll sums you owe on your Account, together with Interest Charges and other charges, in 
U.S. dollars, and payable through a financial institution in the United States, and in accordance 
with this Agreement and any hour of receipt and other payment instructio ns that appear on your 
Statement. No Cash Advance Check, draft or written instrument we supply to you can be used 
to make a payment against this Account. We may accept late payments, partial payments, post -
dated checks, or any form of payment containing a restrictive writing without losing any of our 
rights under this Agreement.  No payments shall operate as an accord and satisfaction 
without prior written approval of a Senior Officer of the Bank. Any payment that you 
send to us for less than the full balan ce due that is marked �paid in full� or with a similar 
notation or that you otherwise attempt to tender in full satisfaction of a disputed amount 
must be sent to our Legal Department at P.O. Box 15803, Wilmington, Delaware 19850  
with a letter identifying the dispute and that the payment is tendered in satisfaction of the 
disputed Account Balance.   We will apply your payments in any lawful manner that we 
choose.  
 You may choose, subject to our approval, to make a payment in U.S. dollars by means 
of a direct  debit or charge to any deposit, savings or credit account of yours that is issued by a 
financial institution in the United States (�Payment Account�). By requesting us to process a 
payment by direct debit or charge to your Payment Account, you hereby auth orize us, at our 
option, to debit your Payment Account by means of an electronic transaction or to submit a 
paper check or draft to your financial institution.  
 You agree that we may convert any payment check or other payment instrument into an 
electronic debit transaction that will be processed through the Automated Clearing House 
system (�ACH�) and electronically debited from the account on which the check was drawn. 
Your payment check or other payment instrument will not be physically presented to your 
financial institution or returned to you. This is called check truncation or check conversion . An 
explanation of check conversion can be found on the back of your statement.   However, should 
you need a copy of a check you may contact us and we will provide it to you. You may be 
charged a fee for such copy request as allowed by law and as set forth in the section of this 
Agreement entitled �Our Charges.�   
 Statements.  The Statements we will send to you will reflect the activity and our 
charges on your Account  during the Billing Cycle. They will also show your Minimum 
Payment and the Payment Due Date by which we must receive your Minimum Payment. If 
there are more than one of you, we may send the Statements only to the person named as the 
primary account holder  in our system.    4  Processing Fee. If your Account has a one -time Processing Fee as disclosed in the 
�Schedule of Rates and Fees� enclosed with this Agreement, we will require it to be paid in full 
before your Account is opened. This fee is not charged to yo ur Account. We will refund this 
fee if we do not approve you for an Account.  
Refund Disclosure. We will refund your Processing Fee if we do not approve you for 
an account. Furthermore, you may reject this account, provided you have not yet used the 
Account  or paid a fee after receiving a billing statement. If you do reject the plan, you are not 
responsible for any fees or charges, including any Processing Fee(s) paid prior to opening your 
account. Any such Processing Fee(s) previously paid will be refunded within thirty days upon 
either 1) receipt of notice to us of your rejection of the plan or 2) notice to you that your 
application was not approved.  
 Our Charges.  You agree to pay us the following fees in connection with your Account  
as disclosed in the �S chedule of Rates and Fees� enclosed with this Agreement . All Purchases 
and Charges will reduce credit availability at the time they are charged to your Account.  The 
amounts of these fees are listed in the �Schedule of Rates and Fees� enclosed with this 
Agreement. Such fees will be treated as Purchases on your Account. Our assessment of Late 
Fees and Returned Payment Fees does not mean you are permitted to engage in conduct giving 
rise to these fees. In fact, you agree not to engage in such conduct.  
 1. Account Origination Fee. If your Account has an Account Origination Fee it will be 
charged once your Account is opened and will appear on your first monthly statement (unless 
otherwise noted on the �Schedule of Rates and Fees�). The Account Origination Fee is  non-
refundable unless you notify us in writing that you wish to close your Account within 30 days 
of our providing the Statement on which the Account Origination Fee is billed and at the same 
time, you pay your outstanding balance in full.  
2. Annual Fee.   If your Account has an Annual Fee it will be billed each year (unless 
otherwise noted on the �Schedule of Rates and Fees�) and it will be charged once your account 
is opened and will appear on your first monthly statement. Subsequent Annual Fees will be 
charged annually on the anniversary Closing Date. The Annual Fee is non -refundable unless 
you notify us in writing that you wish to close your Account within 30 days of our providing 
the Statement on which the Annual Fee is billed and at the same time, you  pay your outstanding 
balance in full. If your account is closed by you or us, we will continue to charge the Annual 
Fee until you pay your outstanding balance in full and terminate your Account relationship.  
 3. Monthly Maintenance Fee (MMF).   If your Acc ount has a MMF it will be imposed 
for each Billing Cycle or portion thereof your Account is open or has a balance (unless 
otherwise noted on the �Schedule of Rates and Fees�). The MMF will be charged to your 
Account on each Closing Date.  If your account i s closed by you or us, we will continue to 
charge the MMF until you pay your outstanding balance in full and terminate your Account 
relationship.  
4. Copying Charges.  If you request duplicates of any Statement, Cash Advance Check 
or other documents (except in connection with proper and timely written notice of a billing 
error), we will charge you a fee for each copy we provide, unless applicable state law requires 
us to charge a lesser amount. This fee will be charged to your Account on the date that your 
request is processed.  
 5. Late Fee.  We will charge a Late Fee if we do not receive your Minimum Payment by 
the Payment Due Date shown on your Statement in accordance with any hour of receipt and   5 other payment instructions appearing on your Statement. This fe e will be charged to your 
Account on your Payment Due Date if your Minimum Payment is not received.   
6. Returned Payment Fee.  If any check, draft, or other payment method we allow, 
electronic or otherwise, that is submitted as payment for sums owing on yo ur Account, or for 
any other purpose, is returned unpaid or charged back to us for any reason, we will charge a 
Returned Payment Fee. This fee will be charged to your Account on the date that your returned 
payment is processed.  
 7. Reinstatement Fee.  If yo u or we terminate credit privileges on your Account for any 
reason, at your request and in our sole discretion we may reinstate your Account privileges. To 
be eligible for reinstatement you must resolve any Default to our satisfaction. If we reinstate 
your Account, we will charge you a Reinstatement Fee on the date that your request is 
processed.  
 8. Stop Payment Fee.  If we stop payment on any Cash Advance Check or other Cash 
Advance at your request, we will charge a Stop Payment Fee on the date that your request is 
processed. Stop Payment orders are permissible, subject to applicable law, by mail or by phone 
on any Cash Advance Check that has not posted to your Account and is received at such time 
as to give the Bank a reasonable opportunity to act. To req uest a stop payment, you must 
precisely identify the type of Cash Advance Check, the check number, date of Cash Advance 
Check, the exact amount of the item, and the payee. However, at our option, and to the extent 
that we are able, we may honor Stop Paymen t requests that do not identify the Cash Advance 
Check with as great a degree of precision as that specified in the immediately preceding 
sentence. Only the person who initiated the Stop Payment may make a release of the Stop 
Payment request. Oral Stop Pay ment orders are binding for fourteen (14) days only, unless you 
confirm the order in writing and we receive it within the fourteen -day period. When a Stop 
Payment request form is properly signed and returned, the order is effective for six (6) months 
after the latest date the written confirmation is received, accepted, and recorded on your 
Account, at which time it will automatically expire. The Bank will not be liable for any 
reasonable delay in accepting and recording a Stop Payment to your Account.  
 9. Additional Card Fee.  After the initial Card has been issued for your Account, if you 
request and we agree to provide an additional Card to be issued in the name of an Authorized 
User or you request and we agree to permit an Authorized User who accepts full contractual 
liability for the account, to be added to your Account, we will charge an Additional Card Fee 
for the approval of your request and the issuance of another Card to your Account. This fee will 
be charged to your Account on the date that your requ est is processed.  
 10. Replacement Card Fee.  After a Card has been issued in your name, if you request 
and we agree to provide a replacement Card, we will charge a Replacement Card Fee for the 
Card�s replacement. This fee also applies to any Authorized Use r. This fee will be charged to 
your Account on the date that your request is processed.  
 11. Automated Account Information Fee.  We will charge you to access our 
automated account information system through our toll free telephone number. The first two 
inquiries per Billing Cycle will not incur a charge. Thereafter, a fee for each separate Account 
inquiry you make through our automated account information system will be assessed. This 
fee(s) will be charged to your Account on the same day that you make your inquires. You will 
be charged for each separate inquiry you make even if you make more than one inquiry during 
the same call. This fee may also be referred and listed on your Statement as an �excessive 
pinpoint transaction.�    6  12. Fees for Optional Payments . If you choose and we allow you to make an 
expedited payment by telephone with the assistance of one of our associates or agents to post to 
your Account the same day or, if the payment is made or received after 5:00 p.m., we will 
assess a fee to your acco unt on the date that your payment is initiated.  
 13. Miscellaneous Fees.  If permitted by applicable law, we may charge you any 
reasonable fees for services rendered or for reimbursement of expenses, incurred in good faith 
by us or our agents in connection with your Account, or other reasonable fees in connection 
with our administering, terminating or reinstating your Account. For example, if you continue 
to use the Account after we advise you that your credit privileges have been terminated, we 
may charge y ou for any fee imposed on recapture of the Card(s) or Cash Advance Checks.  
 Interest Charges.  Your Account is subject to the following Interest Charges, which 
may appear as either a Fee or Interest on your Statement : (1) a Cash Advance Fee, which is 
impose d on the same day we honor any Cash Advance and added to your Cash Advance 
balance (please note that in the Billing Cycle in which a Cash Advance is posted, the Cash 
Advance Fee will cause the �Annual Percentage Rate� for Cash Advances to exceed the 
�Corre sponding Annual Percentage Rate� for Cash Advances shown on your Statement for that 
Billing Cycle); (2) a �Periodic Rate Interest Charge,� which is calculated on the Purchase and 
Cash Advance average daily balance of your Account as described in this Agree ment. This 
charge will be assessed to your Account on the Closing Date; (3) a �Credit Limit Increase Fee� 
which may be charged on the same day we approve each unsecured credit limit increase after 
your Account is opened; (4) an �Upgrade Fee�, which may be charged on the same date we 
approve any product upgrade (i.e. standard to gold); (5) a �Foreign Currency Transaction Fee� 
is applied to any transaction made in a foreign currency that is converted to U. S. Dollars by 
Visa or MasterCard or any transaction m ade in a foreign country even if it is in U.S. Dollars 
(please note that this fee will be added on the same date to the same balance to which the 
foreign transaction is added); and (6) a �Minimum Interest Charge�, which will be charged for 
a Billing Cycle during which there exists any Purchases and/or Cash Advances balance of $1 or 
greater in your Account.  
 Grace Period.  There is no Grace Period for the Account. Interest Charges accrue on 
Purchases, Cash Advances and Our Charges beginning on the date the tr ansaction occurs or on 
the first day of the Billing Cycle in which the transaction is received by us or, at our option, the 
date the transaction is posted to your Account. Periodic Rate Interest Charges continue to 
accrue until payment in full is received.   
 Periodic Rate Interest Charge Calculation -Average Daily Balance Method 
(Including New Transactions) for Purchases and Cash Advances.  
 (1) To determine the Periodic Rate Interest Charge for Purchases and Cash Advances 
we multiply the monthly Periodic Rat e for Purchases and Cash Advances by the �average daily 
balance� for Purchases and Cash Advances (including new transactions) for the current Billing 
Cycle.  
 (2) The total Interest Charge imposed on your Account each Billing Cycle is the sum of 
the Period ic Rate Interest Charges as calculated for Purchases and Cash Advances for the 
current Billing Cycle, all Cash Advance Fees, and any Fees described in the Our Charges 
section of this agreement that may be imposed during such Billing Cycle.  
 (3) Purchases.  To get the �average daily balance� of Purchases for a Billing Cycle, we 
take the beginning balance of Purchases in your Account each day, add any new Purchases, and 
subtract any payments or credits which are applied to Purchases (treating any negative bal ances   7 as zero). On the first day of each Billing Cycle, we add the unpaid Periodic Rate Interest 
Charges for Purchases for the prior Billing Cycle to the daily balance of Purchases. (In this 
way, we compound Interest Charges on Purchases on your Account on  a monthly basis.) This 
gives us the daily balance of Purchases. Then, we add up all the daily balances of Purchases for 
the Billing Cycle and divide the total by the number of days in the Billing Cycle. This gives us 
the �average daily balance� of Purchas es for a Billing Cycle. There is no grace period in which 
Purchases may be repaid without incurring an Interest Charge.  
 (4) Cash Advances. To get the �average daily balance� of Cash Advances for a Billing 
Cycle, we take the beginning balance of Cash Adva nces in your Account each day, add any 
new Cash Advances, and subtract any payments or credits which are applied to Cash Advances 
(treating any negative balances as zero). On the first day of each Billing Cycle, we add the 
unpaid Periodic Rate Interest Cha rges for Cash Advances for the prior Billing Cycle to the 
daily balance of Cash Advances. (In this way, we compound Interest Charges on Cash 
Advances on your Account on a monthly basis.) This gives us the daily balance of Cash 
Advances. Then, we add up all  the daily balances of Cash Advances for the Billing Cycle and 
divide the total by the number of days in the Billing Cycle. This gives us the �average daily 
balance� of Cash Advances for a Billing Cycle. There is no grace period in which Cash 
Advances may be repaid without incurring an Interest Charge.  
 (5) General Periodic Rates. See �Schedule of Rates and Fees� enclosed with this 
Agreement.   
Credit Availability.  If payments on your account are made by guaranteed funds (for 
example, money orders and cashi er�s checks), your credit availability will be increased on the 
day after your deposit or payment is credited. All other deposits or payments may not increase 
your credit availability until we are assured that the payment has not been dishonored. This 
could take up to 14 calendar days (or longer).  
 Minimum Payments.  You may pay your entire balance at any time, without penalty or 
premium. Whenever a balance is due, however, each month you must pay us at least the 
Minimum Payment Due, which we must receive on  or before the Payment Due Date shown on 
the Statement, in accordance with any hour of receipt and other payment instructions shown on 
your monthly Statement. The Payment Due Date will be approximately 25 days after the 
Closing Date. The Minimum Payment Du e in any monthly Billing Cycle will be equal to the 
sum of (i) 2.25% of your New Balance plus the total of all Periodic Rate Interest Charges that 
have accrued in the Billing Cycle for which the Minimum Payment is being calculated 
(rounded up to the next d ollar) or $35, whichever is more (or your entire New Balance if less 
than $35); plus (ii) all past due amounts; plus (iii) the amount of any Late Fee charged in the 
Billing Cycle for which the Minimum Payment is being calculated.  
 Subject to applicable law , we will apply and allocate payment up to the Minimum 
Payment Due and any credits on your Account among balances and Charges in any order and 
manner determined by us in our sole discretion. You agree that we have the unconditional right 
to exercise this d iscretion in a way that is most favorable or convenient to us. Generally, the 
amount of payments credited to your Account during a Billing Cycle will be applied first to the 
balance bearing the lowest APR and then to balances bearing the higher APR, until the 
Minimum Payment Due payable in the Billing Cycle is credited to your Account. After that, the 
amount of payments remaining will be applied to the balance bearing the highest APR and then 
to balances bearing the lower APR in descending order. In most ca ses, credits will be applied 
first to the balance from which the corresponding debit originated.    8  Security.  You grant us a security interest and pledge and assign to us any and all sums 
now or later in any Deposit established by you to secure payment of al l of your existing and 
future obligations under this Agreement and your Account. The Deposit must be maintained 
with us unencumbered (i.e. not subject to any lien, judgment, attachment or execution) at all 
times. You may add to the Deposit at any time. Wit h our consent, you may also withdraw from 
the Deposit, which will reduce your Credit Limit by a like amount, so long as you do not cause 
the outstanding balance in the Account to exceed your new, lower Credit Limit. You agree that 
we may restrict your righ t to obtain withdrawals from the Deposit. Upon a Default and without 
notice to you, we may apply any sums then in the Deposit against what you then owe on your 
Account. We may retain the Deposit or any sums remaining in the Deposit until the latest of the 
following events: (i) 14 days after the time all sums owed to us on your Account are paid in 
full, (ii) 10 weeks from the time we receive from you all of the unexpired Cards and Cash 
Advance Checks, cut in half, or (iii) 10 weeks from the time of terminati on of your Account. 
Except for the Deposit, we do not have a security interest in any other of your property in 
connection with your Account.  
 Terminating Credit Privileges and Closing Your Account.  You or we can terminate 
your credit privileges at any tim e for any reason, including but not limited to when you are in 
Default under this Agreement. If you or we terminate your credit privileges, you promise that 
any amounts that you owe us at the time of termination, plus any new Purchases or Cash 
Advances, pl us any Interest Charges and other fees and charges that will continue to be 
imposed at the rates and in the amounts specified in this Agreement, will be repaid according to 
this Agreement.  
 You may Close your Account at any time. In order to close your Ac count, you must: 
give us written notice of your intent to close your Account at the address for inquiries shown on 
your Statement, and pay your outstanding balance in full. Your notice to close your Account 
will become effective as soon as we can reasonabl y act on it. If you request to close your 
Account, but do not pay your outstanding balance in full, your credit privileges will be 
terminated. If you close your account, the terms of this Agreement remain in effect.  
Default.  You will be in default of this Agreement (�Default�) if any of the following 
occur:  
  1. You do not make a Minimum Payment on your Account on or before the 
Payment Due Date;  
  2. You die or are declared legally incompetent;  
  3. You become insolvent or bankrupt;  
  4. You exceed or atte mpt to exceed the Credit Limit;  
  5. You provide us with false or misleading information or signatures at any time 
or use your Account in any fraudulent or unlawful manner;  
  6. You fail to comply with this Agreement;  
  7. You fail to make any payment or p erform any promise in any other agreement 
or obligation you have with us; or  
  8. Any judgment, lien, attachment or execution is issued against you, the 
Deposit or your other property.  
 If you are in Default, we may immediately terminate your credit privi leges on your 
Account and any other credit account(s) you may have with us. We need not give you notice of 
termination. We may also demand that you immediately pay us all sums owing on your 
Account and any other credit account(s) you may have with us, incl uding all unpaid Interest   9 Charges and other charges. We may also combine the outstanding balance on your Account 
with the balances of any other credit account(s) you may have with us regardless of whether or 
not that account is past due. Without notice to you, we may also apply any sums then in the 
Deposit, including interest, if any, you earned on the Deposit, against what you then owe on 
your Account. We may also demand that you cut the Card(s) and Cash Advance Checks in half 
and immediately return them t o us. Although we may have declared your Account to be in 
Default, you agree to pay us Interest Charges and other charges at the rates provided in this 
Agreement until all sums you owe us are paid in full, even if we have demanded that you make 
immediate p ayment in full.  
 If we waive a Default, we do not waive the right to declare the same or another event 
occurring later as a Default of your Account. If we start collection proceedings to recover 
amounts you owe us on this Agreement, to the extent permitted  by law you agree to pay the 
reasonable fees of our attorneys who are not our regularly salaried employees, all fees paid to 
third parties who collect on your debt for us, and all of our court, arbitration or other collection 
charges.  
 Check Return.  If we issue Cash Advance Checks or drafts to you for use with your 
Account, you agree that we need not return to you those that you use. If you need evidence of 
any payment made to a merchant or other person by a Cash Advance Check or draft, you agree 
that a pho tocopy or similar reproduction we provide to you will be satisfactory for such 
purposes. Such copies are subject to the Copying Charges listed in the Our Charges section of 
this Agreement.  
 No Responsibility.  We are not responsible in any way for the failu re or refusal of any 
person to honor a Card, Cash Advance Check or other credit instrument or device we supply to 
you. We are not responsible if any ATM or other device fails to operate or operates improperly.  
 Lost or Stolen Cards or Checks.  You agree to notify us immediately if any Card or 
Cash Advance Checks are lost or stolen, or if you suspect that they or your Account has been 
used, or may be used, without your permission.  
Unlawful Internet Gambling.  Restricted transactions are prohibited from being 
processed through your account with us as required by the Unlawful Internet Gambling 
Enforcement Act of 2006 and Regulation GG. A restricted transaction is a transaction or 
transmittal involving any credit, funds, instrument, or proceeds in connection with the 
participation of another person in unlawful internet gambling.  
 Severability and Waiver.  If any provision of this Agreement is invalid or 
unenforceable under any law, rule or regulation, it shall not affect the validity or enforceability 
of any other p rovision of this Agreement. We may delay or waive enforcing any of our rights 
under this Agreement without losing them.  
 Changing This Agreement.  We may change the terms of this Agreement at any time 
and from time to time and including, without limitation,  by increasing existing annual or other 
fees, adding new fees, adding other new terms or deleting or modifying any existing terms. If 
we change this Agreement, we will send you a prior notice of the change only if it is then 
required by law. To the extent permitted by law, a change in terms of this Agreement will apply 
to existing balances and new transactions on your Account.  
 Credit Information.  If you believe that any information that we have furnished to 
consumer reporting agencies about you and your A ccount is inaccurate, you should contact the 
consumer reporting agency to ensure your rights. As permitted by law, we may obtain 
consumer credit reports and information about you for updates, renewals, extensions of credit,   10 review or collection of your Acc ount and any other permissible purpose. We may furnish 
information about you and your Account to consumer reporting agencies and others who help 
service your Account.  
 Governing Law. This Agreement and your Account will be governed by, and 
interpreted und er Federal law and the laws of the State of Delaware without reference to 
principles of conflict of laws. The legality, enforceability and interpretation of this 
Agreement and the amounts contracted for, charged and received under this Agreement 
will be go verned by such laws. This Agreement is entered into between you and us in 
Delaware. We make decisions about granting credit to you from and extend credit to you 
under this Agreement in Delaware. Federal and Delaware law will also apply to any 
controversy, claim or dispute arising from or relating in any way to the subject matter of 
this Agreement and/or your Account, including, without limitation, statutory, equitable or 
tort claims.  
 Return of Cards and Cash Advance Checks.  You must surrender the Card(s) and 
Cash Advance Checks to us upon demand.  
 Binding Effect.  If we pay a participating merchant for a Purchase or post a Cash 
Advance to your Account before we receive written notice of your death or declaration of your 
legal incompetence, or if we pay a pa rticipating merchant for a Purchase or post a Cash 
Advance to your account for a transaction that you made prior to your death or the declaration 
of your legal incompetence, those transactions will be a valid and binding Account obligations 
upon you, your estate and your personal representatives.  
 Foreign Exchange Rate.  If you make a transaction in a foreign currency, MasterCard 
or Visa, depending on your card type, will convert the foreign currency transaction amount into 
a U.S. dollar amount. MasterCard o r Visa will act in accordance with their operating 
regulations or foreign currency conversion procedures then in effect. MasterCard currently uses 
a conversion rate in effect one day prior to its transaction processing data. Such rate is either a 
governmen t-mandated rate or a wholesale rate. Visa currently uses a conversion rate in effect 
on its central processing date. Such rate is either a rate it selects from the range of rates 
available in wholesale currency markets, which may vary from the rate Visa re ceives or the 
government mandated rate. We may impose a Foreign Currency Transaction Fee as described 
in the Interest Charges section of this Agreement.  
 Communications : 1) You are providing express written permission and consent 
authorizing us or our age nts to contact you at any phone number (including mobile, cellular, 
wireless, or similar devices) or email address you provide at any time, for any lawful purpose . 
The ways in which we may contact you include live operator, automatic telephone dialing 
systems (auto -dialer), prerecorded message, text/SMS message or email. Phone numbers and 
email addresses you provide include those you give to us  and those from which you contact us. 
Such lawful purposes include, but are not limited to: obtaining information; activation of the 
card for verification and identification purposes; Account transactions or servicing related 
matters; suspected fraud or identity theft; and collection on the Account . You understand that 
the Bank will not be responsible for any charges y ou incur for communications to any such 
numbers.  
 
2) Indemnification:  If you provide phone number(s) for which you are not the subscriber, you 
understand that you shall indemnify us for any costs and expenses, including reasonable   11 attorneys' fees, incurre d as a result of us contacting or attempting to contact you at the 
number(s).  
 
3) Revocation:  If you do not want to receive communications as described above, you must 
provide us with written notice revoking your prior consent . Written notice must be sent  to: 
Applied Bank, P.O. Box 17125, Wilmington, DE 19850 -7125.  
 
 Your Information.  You agree to provide us with accurate and updated information 
necessary to communicate with you and to send you information about your Account. Your 
Cards, Statements and any  other notices will be sent to you at the address in our files. If you 
change your name, address, telephone numbers or e -mail address, you must notify us promptly. 
We may at our option accept corrections or updates to your personal information from the 
United States Postal Service and others. You agree that in the event that we do not have valid 
personal information on file we may obtain such information from a third party. You agree that 
we may send information to you about your Account by e -mail and that such information may 
include, among other things its delinquency or overlimit status. If you do not want us to send 
account information by e -mail, please send a written request to our customer service address 
asking us not to do so.  
 We May Transfer Your A ccount.  We may at any time, and without notice to you, 
transfer, assign or sell your account, any sums due 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 w hom we make any such sale, assignment or transfer shall be entitled to all of our 
rights and/or obligations under this Agreement, to the extent sold, assigned or transferred.  
 
ARBITRATION PROVISION  
 Arbitration.  Arbitration is a method of deciding disputes  outside the court system. This 
Arbitration Provision governs when and how any disputes you and we may have will be 
arbitrated instead of litigated in court.  
 Certain Definitions.  Certain capitalized words used in this Arbitration Provision have 
special me anings:  
 �We,� �us,� and �our� do not mean just the Bank. These terms also include: (1) any 
parent company of the Bank, all companies owned by, controlled by or under common 
ownership or control with the parent company or the Bank, including but not limite d to Applied 
Card Systems, Inc.; (2) any prior issuer of the Account; (3) any company to which we transfer 
our rights under this Agreement; and (4) all of the employees or other individuals who manage 
or own these companies. Finally, if either you or we el ect to arbitrate any Claim you bring 
against us, these terms include any other persons or companies who you make Claims against 
in the same proceeding.  
 �Claim� means any dispute between you and us that cannot be resolved without a  
judicial or arbitration  proceeding and arises as a result of, or has anything at all to do with: (1) 
your Account; (2) the events leading up to your becoming an Account holder; (3) this 
Agreement (including this Arbitration Provision); (4) any prior credit account or agreement 
relating to such account; or (5) your relationship with us. This includes disputes relating to any 
products, insurance or other services offered to you as an Account holder. This includes 
disputes about whether this Arbitration Provision is valid or binding ; about whether or when it 
applies; and whether a dispute is arbitrable. It includes disputes relating to constitutional   12 provisions; statutes; ordinances; regulations; court decisions; compliance with the Agreement 
or a related contract; and wrongful acts of every type (whether intentional; fraudulent; reckless; 
or just negligent). It includes requests for money, for orders requiring you or us to take certain 
actions (which are sometimes referred to as �injunctive relief�), for declarations of legal rights 
and for any other kind of relief. This Arbitration Provision applies to Claims that arise prior to 
the effective date of this Arbitration Provision. Notwithstanding the foregoing, any dispute 
concerning the validity or effect of the part of this Arbitratio n Provision captioned �NO CLASS 
ACTIONS OR SIMILAR PROCEEDINGS� shall not be subject to this Arbitration Provision 
and shall be resolved by a court and not an arbitrator.  
 �Administrator� means the American Arbitration Association (�AAA�), 335 Madison 
Aven ue, New York, NY 10017, www.adr.org, or, in the event that AAA is not available as a 
forum for arbitration of a Claim, such alternative forum which administrates arbitration of a 
Claim in accordance with the Federal Arbitration Act, 9 U.S.C. ��1 et seq. an d the 
Administrator�s Rules. The arbitrator will be selected under the Administrator�s Rules. You can 
select the arbitrator if you give us written notice of your selection with your notice that you are 
electing to arbitrate any Claim or within 20 days afte r we give you notice that we are electing to 
arbitrate any Claim. If you do not select the arbitrator  on time, we will select one. If for any 
reason the arbitrator you or we select is unable or unwilling to serve or continue to serve as 
arbitrator , you w ill have 20 days to select a different arbitrator.  
 Starting an Arbitration.  You or we can give written notice of an intention to begin 
arbitration of a Claim or Claims or to require arbitration of the other party�s Claim or Claims. 
This notice can be give n by one party even if the other party has begun a lawsuit. If such a 
notice is given, any Claim will be resolved by arbitration under this Arbitration Provision and 
the Administrator�s Rules that are in effect at the time the Claim is filed with the Admin istrator. 
The arbitrator must be a lawyer with more than 10 years of experience or a retired judge, unless 
you and we agree otherwise. A copy of the Claim form may be obtained from the 
Administrator or from us. A party who has asserted a Claim in a lawsuit  may still elect 
arbitration with respect to any Claim that is later asserted in the same lawsuit by any other 
party. All doubts about whether to arbitrate a Claim shall be resolved in favor of arbitration.  
 We will not elect to arbitrate an individual Cl aim that you bring against us in �small 
claims� court (or the equivalent court in your state). However, we may elect to arbitrate a 
�small claims� court Claim that is later transferred, removed or appealed to any different court.  
 
IMPORTANT LIMITATIONS  
 If you or we elect to arbitrate a Claim, neither you nor we will have the right to 
pursue that Claim in court or have a jury decide the Claim. Also, the ability of a party to 
obtain information from the other party and to appeal, is more limited in an arbitr ation 
than in a lawsuit. Other rights that you or we would have in court may also not be 
available in arbitration. The fees charged by the administrator may be higher than the 
fees charged by a court.  
 
NO CLASS ACTIONS OR SIMILAR PROCEEDINGS  
 If you or we  elect to arbitrate a Claim: (1) neither you nor anyone else on your 
behalf can pursue that Claim in court or in an arbitration proceeding on a class -wide or 
representative basis; and (2) Claims brought by or against one account holder (or joint 
account ho lders) may not be brought together with Claims brought by or against any   13 other account holder. The arbitrator shall have no authority to hear or decide an 
arbitration on a class -wide or representative basis. However, this prohibition against class 
actions is not applicable to cardholders residing in the State of California.  
  
Arbitration Location and Costs.  Any arbitration hearing that you attend will take 
place at a location reasonably convenient to your residence. In the event that you file a Claim 
agains t us and you cannot afford to pay the fees charged by the Administrator and the arbitrator 
or if you believe that such fees are too high, and you cannot obtain a fee waiver, we will 
consider any reasonable written request by you for us to advance the fees.  We will pay any fees 
or expenses we are required to pay by law. The arbitrator will decide who will be ultimately 
responsible for paying those fees. In the event that you file a Claim against us, in no event will 
you be required to reimburse us for any ar bitration filing, administrative or hearing fees in an 
amount greater than what your court costs would have been if the Claim had been resolved in a 
state court with jurisdiction. In the event that we file a Claim against you, the arbitrator will 
decide wh o is responsible for paying all costs for arbitrating the Claim.  
 Governing Law.  This Agreement involves interstate commerce and this Arbitration 
Provision is governed by the Federal Arbitration Act (�FAA�), 9 U.S.C. ��1 et seq. The 
arbitrator must follow : (1) the FAA; (2) the substantive law, consistent with the FAA, related to 
any Claim; (3) statutes of limitations; and (4) claims of privilege recognized at law. Upon the 
timely request of either party, the arbitrator must provide a brief written explanat ion of the 
basis for the award. The arbitrator will determine the rules of procedure and evidence to apply, 
consistent with the FAA, the Administrator�s Rules and this Arbitration Provision. The 
arbitrator shall not apply federal, state or local rules of p rocedure and evidence or state or local 
laws concerning arbitration proceedings.  
 Obtaining Information.  After an arbitration has been started, in addition to a party�s 
right to obtain information from the other party under the Administrator�s Rules, eith er party 
may request the arbitrator in writing to allow that party to obtain more information from the 
other party. A copy of such request must be provided to the other party. That party will then 
have the chance to object in writing. The objection must be  sent to the arbitrator and the other 
party. The arbitrator will decide the issue, in his or her sole discretion.  
 Effect of Arbitration Award.  Any appropriate court may enter judgment upon the 
arbitrator�s award. The arbitrator�s decision will be final an d binding, except for any appeal 
right under the FAA and except for Claims that involve requests for monetary relief exceeding 
$100,000 or requests for injunctive or declaratory relief that could cost any party more than 
$100,000. For these large Claims, a ny party may appeal the award to a three -arbitrator panel 
appointed by the Administrator. That panel will consider all over again any part of the initial 
award that any party asserts was incorrectly decided. The decision of the panel will be by 
majority vo te and will be final and binding, except for any appeal right under the FAA. Unless 
applicable law provides otherwise, the fees charged by the Administrator, and the arbitrators 
for such an appeal, are to be paid by the appealing party, regardless of who w ins the appeal. 
However, we will consider any reasonable written request by you for us to pay such fees. All 
other provisions of this Arbitration Provision shall apply to any appeal to a three -arbitrator 
panel and any reference in this Arbitration Provisio n to a single arbitrator shall apply to the  
three -arbitrator panel.  
 Continued Effect of Arbitration Provision.  This Arbitration Provision governs, 
notwithstanding any prior arbitration provision between you and us. This Arbitration Provision   14 will remain in force no matter what happens to you or your Account. For example, it will 
remain in force even if: (1) your credit privileges are ended or put on hold; (2) you close your 
Account; (3) you repay your entire Account balance; (4) we begin a lawsuit to coll ect amounts 
we think you owe; or (5) you become bankrupt or insolvent or a bankruptcy or insolvency 
proceeding is begun, to the extent consistent with applicable bankruptcy law. If any portion of 
this Arbitration Provision cannot be enforced for any reason , the rest of this Arbitration 
Provision will continue to apply. However, if the part of this Arbitration Provision captioned 
�NO CLASS ACTIONS OR SIMILAR PROCEEDINGS� is struck in a proceeding brought as 
a class action or representative action, the entire  Arbitration Provision (other than this sentence) 
shall be null and void in such proceeding, provided that we and you retain the right to contest 
through appeal or further available judicial proceedings any determination with respect to this 
part of the Ar bitration Provision. In the event of any conflict or inconsistency between this 
Arbitration Provision, on the one hand, and the Administrator�s Rules or other provisions of 
this Agreement, on the other hand, this Arbitration Provision will govern.  
 Rejecti on of Arbitration Provision.  You may reject this Arbitration Provision, (and 
any prior arbitration provision between you and us) by sending us a notice (�Rejection Notice�) 
that we receive within thirty (30) days after you open your Account. Any Rejection Notice 
must include your name, address and telephone number and must be signed by you. You must 
mail your Rejection Notice or send it by messenger service (such as Federal Express) to us at 
our Legal Department at P.O. Box 15803, Wilmington, DE 19850 or to  any bank branch. In the 
event of any dispute concerning whether you have provided a timely Rejection Notice, you 
must provide a signed receipt as confirmation. This is the only method you can use to reject this 
Arbitration Provision.  
 
YOUR BILLING RIGHTS  
KEEP THIS NOTICE 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 billing statement, write to us on  a separate sheet at P.O. 
Box 17125, Wilmington, DE 19850 -7125.   In your letter, 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 s cheduled, 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 ques tion. 
 
WHAT WILL HAPPEN AFTER WE RECEIVE YOUR LETTER  
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 .   15 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 y ou 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 access line.  
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 amoun t. 
� 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 reporti ng 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 h ave 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 o r 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 c riteria above are met and you are still dissatisfied with the purchase, contact us in 
writing on a separate sheet at P.O. Box 17125, Wilmington, DE 19850 -7125.  
While we investigate, the same rules apply to the disputed amount as discussed above.  
After we f inish 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.  
YOUR LIABILITY FOR UNAUTHORIZED  
USE OF YOUR ACCOUNT  
 You may be liable for unauthorized use of your Ac count. You will not be liable for 
unauthorized use that occurs after you notify us, orally or in writing, of the loss or theft, or   16 possible unauthorized use of your card, Cash Advance Checks, or your account. In any case, 
your liability will not exceed $50 . To notify us of the loss, theft, or possible unauthorized use of 
your Account, call us at the telephone number located on the back of your Card or your Billing 
Statement, 24 hours a day or write to us at the address noted in the paragraph �HOW TO 
CONTACT  US�.  
 
HOW TO CONTACT US  
For general inquiries we can be reached in writing at: Applied Bank, P.O. Box 17125, 
Wilmington, DE 19850 -7125.  Or, you can call our Customer Service Department at 1 -800 947 -
1090. Automated Account Information is available 24 hours  a day with representatives 
available during normal business hours. Payments should be mailed to the address listed on 
your Statement.  
 
APPLIED BANK  
DEPOSIT ACCOUNT RULES AND REGULATIONS  
In these Deposit Rules and Regulations (the �Rules�), �we� are Applie d Bank of Wilmington, 
DE. �You,� �your� and �yours� refer to the person or persons whose Visa or MasterCard credit 
Card account (�Account�) is secured by this Deposit Account (the �Deposit�).  
JOINT ACCOUNT.  If you have a Joint Account the Deposit will be d eemed a Joint Account 
with the Right of Survivorship. Each of you will be deemed to own an equal share and each has 
the right to make deposits and withdrawals. Upon the death of any signer, the Deposit will 
become the property of the survivor.  
DEPOSITS.  You can make additions to the Deposit by mail at any time. To assure proper 
crediting, you should not include the deposit in the same envelope in which you are making 
payment on the Account.  
WITHDRAWALS.  You can make a request to us for a withdrawal from yo ur Deposit only by 
mail. Because your Deposit secures payment of sums owing on your Account, we need not 
honor any withdrawal order until the latest of the following events: (i) 14 days after the time all 
sums owed to us on your Account are paid in full, ( ii) 10 weeks from the time we receive from 
you all unexpired credit Cards and cash advance checks, cut in half, or (iii) 10 weeks from the 
time your Account is closed.  
INTEREST. We do not pay interest on the Deposit.  
RIGHT OF SETOFF. We reserve the right to set -off against this Deposit to repay any 
obligation you may owe to us under any other agreement with us. We will notify you if we 
do so.  
ASSIGNMENTS PROHIBITED.  You may not assign the Deposit to anyone other than us.  
GOVERNING LAW.  These Rules and you r Deposit will be governed by and interpreted 
under Federal law and the laws of the State of Delaware without reference to the 
principles of conflict of laws . Such laws will govern the legality, enforceability, and 
interpretation of these Rules. These Rule s are entered into between you and us in Delaware. 
Federal and Delaware law will also apply to any controversy, claim or dispute arising from or 
relating in any way to the subject matter of these Rules and/or your Deposit, including, without 
limitation, st atutory, equitable or tort claims.  
AMENDMENTS.  We may change the terms of these Rules from time to time, including, 
without limitation, by adding new terms or by deleting or modifying existing terms. If we 
change the Rules, we will send you a prior notice  of the change only if it is then required by   17 law. To the extent permitted by law, a change in terms of these Rules will apply to existing 
balances and new transactions on your Deposit.  
  
Applied Bank  
Wilmington, DE  
� 2017 Applied Bank. All Rights Reserved .  
Member FDIC.