WSFS Bank Platinum Visa® 
Credit Card Terms and Conditions 

Rates, fees, and other important costs of the WSFS Bank Platinum Visa credit card are disclosed below.  Additional fees 
and account terms are described in the WSFS Bank Credit Card Agreement (“Agreement”) that will be enclosed with the 
card if a card is issued.  The terms disclosed below and in the Agreement may be changed at any time subject to 
applicable law.  Based on our evaluation of your credit report and other factors, if approved for a WSFS Bank Credit Card, 
you will receive a credit card account ("Account") with a minimum credit line of $500.  For purposes of these disclosures, 
“you” and “your” mean each person who applies for an Account.   

Interest Rates and Interest Charges 
Annual Percentage Rate (APR) for 
Purchases 

10.74%, 13.74%, 16.74% or 19.74%, based 
on your creditworthiness. 
This APR will vary with the market based on the Prime Rate. 

APR for Balance Transfers 

0% introductory APR for 9 billing cycles if Balance Transfer request is 
posted within 3 billing cycles of account opening. 

APR for Cash Advances 
How to Avoid Paying Interest on 
Purchases 

Minimum Interest Charge 
For Credit Card Tips from the Consumer 
Financial Protection Bureau 

Fees 
Annual Fee 
Transaction Fees 
• Balance Transfer

• Cash Advance

• Foreign Transaction
Penalty Fees 

• Late Payment
• Returned Payment

After that, your APR will be 10.74%, 13.74%, 16.74% or 19.74%, 
based on your creditworthiness. 

This APR will vary with the market based on the Prime Rate. 
24.99% 
Your due date is at least 25 days after the close of each billing cycle. We 
will not charge you any interest on purchases if you pay your entire 
balance by the due date each month. 
If you are charged interest, the charge will be no less than $2.00. 
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. 

None 

Either $10 or 3% of the amount of each Balance Transfer, whichever is 
greater. 

Either $10 or 3% of the amount of each Cash Advance, whichever is 
greater. 

3% of each transaction in U.S. dollars. 

Up to $35. 
Up to $35. 

How We Will Calculate Your Balance:  For Purchase and Balance Transfer balances, we use a method called “average 
daily balance (excluding new purchases and new balance transfers).”  For Cash Advance balances, we use a method 
called “average daily balance (including new cash advances).”   

Billing Rights Summary: Information on your right to dispute transactions is included with the account-opening 
disclosures. 

__________________________________________________________________________________________ 

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How the Variable APRs on your Account are Determined: Unless an introductory or promotional APR is applicable, the 
APRs on your Account for Purchases and Balance Transfers will be determined each billing cycle by adding a “margin” to 
the “Index”.  Please see below and in your Agreement for more information. 

How Daily Periodic Rates Are Used To Calculate Interest: The daily periodic rate for your Purchase and Balance 
Transfer APR is 0.02942%, 0.03764%, 0.04586% or 0.05408%, and Cash Advance APR is 0.06847%.

Margins: For Purchases and Balance Transfers, margins of 7.24%, 10.24%, 13.24% or 16.24% will be added to the Index, 
based on your creditworthiness. 

Index: The APRs that apply to your Account for Purchases and Balance Transfers are subject to change each Billing Cycle 
with changes to the Index.  The Index is the Prime Rate (U.S.) as published in the Money Rates section of The Wall Street 
Journal.  As of 3/17/2022, the Prime Rate was 3.50%. 

Payment Allocation. Payments are allocated at our discretion as permitted by applicable law.  The amount of each 
payment equal to the Total Minimum Payment Due is allocated first to unpaid Transaction Fees, Account Fees, and 
Minimum Interest Charges, then to unpaid interest charges, then to the balance with the lowest APR and then to balances 
with higher APRs.  Payment amounts in excess of the Total Minimum Payment Due will be applied to balances with higher 
APRs before balances with lower APRs. 

Important Information About Procedures for Opening a New Account (USA Patriot Act): To help the government 
fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify 
and record information that identifies each person who opens an account.  What this means to you: When you open an 
account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.  We may 
also ask to see your driver’s license or other identifying documents. 

About This Credit Card Program: This credit card program is issued and administered by Wilmington Savings Fund 
Society, FSB located in Wilmington, Delaware.  Any Account opened in response to this application shall be governed by 
the laws of the State of Delaware.  Visa is a registered trademark and service mark of Visa International Service 
Association, and is used pursuant to a license. 

Card Eligibility: To be eligible for an Account, you must meet certain minimum income, residency, age, credit quality and 
other requirements. 

Balance Transfers: You may be able to transfer balances from eligible credit card accounts to your Account. Balance 
Transfers are subject to a fee based on the amount of the transfer with a minimum fee as indicated in the Fees 
Table above, and are subject to your available credit limit.  If the total amount requested exceeds your available credit 
limit, we may send full or partial payment to your creditors in the order provided to us.  

We may limit the number and types of accounts from which we will allow Balance Transfers, and the times, manner, and 
circumstances in which Balance Transfers may be requested. Balance Transfers may not be payable to you or made 
payable to cash.  Balance Transfers may be used to pay off other creditors, but cannot be used to pay down or to pay off 
accounts owned by WSFS Bank or to any bank now or previously affiliated with WSFS Bank. 

It may take 2 to 4 weeks to process a Balance Transfer request after your Account is opened.  You must continue paying 
each of your creditors until the requested Balance Transfer appears on your monthly billing statement sent to you by your 
creditor as a credit.  Your other account(s) will not be closed even if you transfer your entire balance(s).  If you want to 
close such other account(s), please contact your other creditors directly.  Note that if you have a dispute with a creditor and 
pay that balance by transferring it to your Account, you may lose certain dispute rights. 

Introductory or Promotional APRs on Balance Transfers: If you take advantage of a 0% Introductory or 
Promotional Annual Percentage Rate (APR) Balance Transfer offer and then you use your Account to make new 
Purchases, you can avoid paying interest on those new Purchases if you pay the Minimum Payment Due and the 
total outstanding Purchases balance (this includes any fees that may have been assessed to your Account) by the 
Payment Due Date shown on your monthly billing statement.  By following these instructions and paying timely, 

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you will not be assessed interest on new purchases made during that billing cycle and you will be able to maintain 
the benefits of carrying balance transfer balances at the 0% introductory APR. 

Transfers requested with Convenience Checks are processed as Cash Advances, not as Balance Transfers.  If you 
have a dispute with a creditor and pay that creditor with a Balance Transfer or Convenience Check, you may lose certain 
dispute rights with that creditor. 

Your Telephone Number: When you give us your mobile phone number, we have your permission to contact you at that 
number about your Account.  Your consent allows us to use text messaging, artificial or pre-recorded voice messages and 
automatic dialing technology for informational and Account service calls, but not for telemarketing or sales calls.  It may 
include contact from companies working on our behalf to service your Account(s).  Message and data rates may apply.  
You may contact us anytime to change these preferences.   

Monitoring/Recording of Telephone Calls: You consent and agree that we, any of our affiliates, and any other persons 
that we authorize in accordance with applicable law, may monitor and/or record any and all telephone communications with 
you without any additional notice of such monitoring or recording, unless expressly required by applicable law. 

Information Sharing: WSFS Bank’s Privacy Policy is available online at www.wsfsbank.com/Privacy-Policy 

Important Notice & Acknowledgement: By signing or otherwise authorizing and submitting an application, you authorize 
Wilmington Savings Fund Society, FSB, its successors, assigns, employees and designated agents (together, "WSFS 
Bank", “us” or “our”), to gather and obtain credit, employment and other information about you, including credit bureau 
reports, that WSFS Bank may deem necessary or appropriate in order to evaluate your application for credit.  If your 
application is approved and credit is extended to you, you further authorize WSFS Bank to re-verify any or all of such 
information from time to time, including obtaining additional credit bureau reports, for any legitimate or permissible purpose 
in connection with such extension of credit, such as for the purpose of reviewing the Account, increasing or decreasing the 
credit line on the Account, or for taking collection on the Account, and to furnish information concerning your Account and 
our credit experience with you to consumer reporting agencies and others who may properly receive that information.  If 
you ask, you will be informed whether or not a consumer report was requested, and if a report was requested, you will be 
informed upon request of the name and address of the consumer reporting agency that furnished the report.  You agree 
that all credit card applications remain the property of WSFS Bank.  By submitting a credit card application to WSFS Bank, 
you also certify that all the information you have provided is true and complete, that no essential information has been 
concealed, and that no misrepresentations have been made on the application.  If approved, you agree to the terms and 
conditions applicable to the Account for which you are approved.  By submitting a credit card application to WSFS Bank 
you agree to the Credit Card Terms and Conditions, including the important rate, fee and cost information and the 
conditions of the Agreement, including the right of WSFS Bank to change terms and add new terms to the Account at any 
time.  By activating a card or the Account or allowing an authorized person to activate or use a card or the Account, you 
personally agree to fully pay all amounts owed in connection with the Account as required by the Agreement.  You also 
agree that the federal and state courts sitting in New Castle County, Delaware shall have exclusive jurisdiction over any 
judicial action or proceeding relating to or arising out of the Account or the Agreement, and you agree to submit to the 
personal jurisdiction of such courts.  You also agree to waive the right to a trial by jury.  You agree that the Account will 
only be used for lawful personal, family or household purposes.  You further acknowledge you are at least 18 years of age 
(19 years of age for residents of Alabama or Nebraska or 21 years of age if you are a resident of Mississippi or of Puerto 
Rico). 

Notice to California Residents: Married applicants may apply for a separate account(s). 

Notice to New York Residents: Information About Applying for a Credit Card: When you sign or otherwise submit a credit 
application, you are providing your consent and authorizing WSFS Bank, and its successors, assigns, employees and 
designated agents to gather credit, employment and other information about you, including credit bureau reports, for 
purposes of evaluating your application for credit.  If your application is approved and credit is extended to you, we may 
take steps to re-verify any or all of such information from time to time, including by obtaining additional credit bureau 
reports, for any legitimate purpose in connection with such extension of credit, such as for the purpose of reviewing the 

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Account, increasing the credit line on the Account, or for collecting on the Account.  In addition, we will furnish information 
concerning your Account to consumer reporting agencies and others who may properly receive that information.  If you 
ask, you will be informed whether or not a consumer report was requested, and if a report was requested, you will be 
informed upon request of the name and address of the consumer reporting agency that furnished the report.  When you 
submit a credit application to us, you are certifying that you have not concealed essential information for determining your 
identity and creditworthiness, and that no misrepresentations have been made on the application.  If approved, you agree 
to abide by the terms and conditions applicable to the account.  New York Residents may contact the New York State 
Department of Financial Services by telephone or visit its website for free information on comparative credit card rates, 
fees and grace periods.  New York State Department of Financial Services: 1-800-342-3736 or http://www.dfs.ny.gov. 

Notice to Ohio Residents.  The Ohio laws against discrimination require that all creditors make credit equally available to 
all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon 
request.  The Ohio Civil Rights Commission administers compliance with this law. 

Notice to Rhode Island and Vermont Residents: A consumer credit report may be ordered in connection with this 
application, or subsequently for purposes of review or collection of the Account, increasing the credit line on the Account, 
or other legitimate purposes associated with the Account.  If you are a Vermont resident, you consent to the obtaining of 
such reports by signing or otherwise submitting a credit application. 

Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral statement under 
Section 766.59 of the Wisconsin Statutes or court decree under Section 766.70, adversely affects the interest of the 
creditor, WSFS Bank, unless WSFS Bank, prior to the time of the credit is granted, is furnished a copy of that agreement, 
statement or decree, or has actual knowledge of the adverse provision when the obligation to WSFS Bank is incurred.  IF I 
AM A MARRIED RESIDENT, CREDIT EXTENDED UNDER THIS ACCOUNT WILL BE INCURRED IN THE INTEREST 
OF MY MARRIAGE OR FAMILY.  Married applicants must provide their Social Security number and address and their 
spouse's name and address to WSFS Credit Card Services, P.O. Box 976, Claymont, Delaware 19703.  If the card from 
which you are applying is granted, you will notify WSFS Bank if you have a spouse who needs to receive notification that 
credit has been extended to you. 

Notice to Delaware and Oregon Residents.  Service charges not in excess of those permitted by law will be charged to 
the outstanding balance from month to month.  You may pay more than the minimum payment due, up to your entire 
balance, at any time. 

If you have any questions, you may contact WSFS Bank at 1-888-WSFSBank. 

© 2022 Wilmington Savings Fund Society, FSB. All rights reserved. 

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