Summary of Credit Terms 
PLEASE  NOTE:  If  you  apply  for  the  Union  Bank®  Rewards  Visa®  Card  and  meet  our  eligibility  criteria  for  the  Visa  Signature® 
Card, you agree that we may consider your application as one for (and upgrade you to) the Union Bank® Rewards Visa Signature® 
Card. 

Interest Rates and Interest Charges 

Annual Percentage Rate 
(APR) for Purchases 

0.00% Introductory APR for the first 12 months that your account is open. 

After that, your APR will be 15.99% to 25.99%, based on your creditworthiness. 
This APR will vary with the market based on the Prime Rate. 

APR for Balance Transfers 

0.00% Introductory APR for the first 12 months that your account is open. 

After that, your APR will be 15.99% to 25.99%, based on your creditworthiness. This 
APR will vary with the market based on the Prime Rate. 

APR for Cash Advances 

27.25%. 

Penalty APR and When it 
Applies 

This APR will vary with the market based on the Prime Rate. 

Up to 29.99%, based on your creditworthiness. 

This APR will vary with the market based on the Prime Rate. 

This APR may be applied to your account if you:  

1)  Make a late payment; 
2)  Make a payment that is returned; or 
3)  Exceed your credit limit. 

How Long Will the Penalty APR Apply? If your APRs are increased for any of these 
reasons, the Penalty APR may apply indefinitely. 

Paying Interest 

Your due date is at least 21 days after the close of each billing cycle. We will not charge you 
any interest on purchases if you pay your entire balance by the due date each month. We 
will begin charging interest on cash advances and balance transfers on the transaction date. 

Minimum Interest Charge 

If you are charged interest, the charge will be no less than $1.75. 

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 

Transaction Fees 

None 

•  Balance Transfer 

Either $10 or 3% of the amount of each balance transfer, whichever is greater. 

•  Cash Advance 

Either $15 or 5% of the amount of each cash advance, whichever is greater. 

•  Foreign Transaction 

3% of each transaction in U.S. dollars. 

Penalty Fees 

•  Late Payment 
•  Over-the-Credit Limit 
•  Returned Payment  

Up to $37. 
None 
Up to $35. 

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."  

Loss of Introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment. 

The rates in this table may have changed since the table was last updated.  

SEE BACK OF PAGE for more important information about your account. 

Page 1 of 5 

 
 
 
ADDITIONAL TERMS & CONDITIONS 

If an account is opened, you will receive a Cardmember Agreement (“Agreement”) with your card(s).  You agree to the terms of this Agreement by: using 
the account or any card, authorizing their use, or making any payment on the account.  We have the right to change the account terms (including the 
APRs) in accordance with your Agreement.  We reserve the right to change the benefit features associated with your card at any time.  Complete terms 
and conditions will be provided to you when you become an approved cardmember.  Cards are issued and serviced by Union Bank Card Services, a 
division of MUFG Union Bank, N.A.   

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT 

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all financial institutions to obtain, 
verify, and record information that identifies each person (including business entities) who opens an account.  What this means for you:  When you open 
an account, we will ask for your name, physical address, date of birth, and other information that will allow us to identify you.  We may also ask for other 
identifying documents.  We will let you know if additional information is required.   

CREDIT REPORT AUTHORIZATION 

By submitting an application for credit, you authorize us to obtain credit bureau reports that we will use when considering your application for credit.  You 
also authorize us to obtain credit bureau reports and any other information about you in connection with the extensions of credit on your account and the 
administration, review or collection of your account.  If you ask, we will tell you the name and address of the credit bureau from which we obtained a 
report about you.  You also authorize us to verify your employment, income and other relevant information.   

COMMUNICATION AUTHORIZATION 

By providing us with your residential phone number or cell phone number, you agree that we (including companies working on our behalf) have your 
permission to contact you at the number provided about any of your Union Bank accounts, and that we may use text messaging, artificial or prerecorded 
voice messages and automatic dialing technology for informational and account servicing calls, as well as for collection purposes.  Message and data 
rates may apply.   

ARBITRATION NOTICE 

If  you  are  issued  a  credit  card,  your  Agreement  will  contain  a  binding  arbitration  provision.    In  the  event  of  any  dispute  relating  to  your  account, the 
dispute will be resolved by binding arbitration pursuant to the rules of the American Arbitration Association or JAMS/Endispute.  Both you and we agree 
to waive the right to go to court or to have the dispute heard by a jury (except as to any collection activities on your account).  You and we will be waiving 
any right to a jury trial and you also would not have the right to participate as a part of a class of claimants relating to any dispute with us.  Other rights 
available  to  you  in  court  may  also  be  unavailable  in  arbitration.    When  you  receive  your  Agreement,  you  should  read  the  Resolution  of  Claims  by 
Arbitration provision in your Agreement carefully and not accept or use the Card unless you agree to be bound by the arbitration provision.   

BALANCE TRANSFERS 

If you are issued a credit card, you authorize us to make one or more of the balance transfers that you have requested from credit card accounts or other 
types  of  accounts  with  other  financial  institutions.    All  balance  transfer  requests  are  subject  to  our  approval;  we  are  not  liable  if  we  do  not  make  a 
requested balance transfer.  We reserve the right to make balance transfers in the order we select and to limit the amount of the balance transfers that 
we make (this amount may be less than your total credit limit).  If you request an amount that we do not approve, we may process a partial transfer for 
less  than  you  requested  or  we  may  decline  the  entire  request.    In  addition,  transfer  requests  that  are  incomplete,  illegible  or  requested  to  cash,  to 
yourself or to another account with us or one of our affiliates need not be processed.  You should not transfer any amount that is in dispute in order to 
preserve your dispute rights.  When you transfer a balance from another account, we send a payment in the amount of the balance transfer to the other 
financial institution.  We have no control over, and are not responsible for, how and when the other financial institution applies the payment.  You are 
responsible  for  verifying  that the  other  financial  institution  applies  the  balance  transfer  payment  in  accordance  with  your  other  account’s terms.    You 
should continue to monitor the other accounts that you request a transfer balance to and you should continue to pay the minimum payments due on 
those accounts until you receive statements from those creditors showing that the balances due them have been paid in full.  This might not happen until 
after the balance transfer appears on your billing statement from us.  You are liable for any late payments, finance charges or disputed amounts on your 
other accounts.  We do not send instructions to the other financial institution to close your other account.  If you want the other account to be closed, you 
must do that yourself.  Balance transfers are subject to applicable fees and finance charges and do not have the benefit of a grace period.  If you take 
advantage of a balance transfer offer and continue to use the credit card to make purchases, you will lose the interest-free grace period on 
the new purchases unless you pay the entire statement balance, including the amount subject to the promotional APR, by the payment due 
date.   

OVERDRAFT PROTECTION LINKED TO A UNION BANK CREDIT CARD 

By enrolling in Overdraft Protection Linked to a Union Bank Credit Card, you understand and agree that any day in which transactions are presented for 
payment  against  your  eligible  linked  Union  Bank  checking  account  for  the  purposes  of  covering  transactions  (including  transfers  between  checking, 
money market,  and savings  accounts)  presented  for  payment  against insufficient  funds,  Union  Bank  will  advance  funds  from  your  linked  Union Bank 
Credit Card.  We will not authorize transactions requiring real-time authorization (such as ATM withdrawals, ATM or Debit Card purchases, and cash 
withdrawals in a Union Bank branch) using this service.  If you attempt a transaction requiring real-time authorization and there are insufficient Available 
Funds in the linked checking account, the transaction will be declined.  Activation of the Overdraft Protection service may take up to 5 business days 

Page 2 of 5 

 
 
following the approval of a new credit card account; for customers with an existing open credit card account, it may take up to 5 business days from the 
initial request to enroll in the Overdraft Protection service.   

Each business day that we determine that your linked checking account is overdrawn by any amount, you authorize us to make an Overdraft Advance 
equal to a) $50, or b) the next highest multiple of $50 that will equal or exceed the linked checking account overdraft, as determined by us.  For example, 
if  we  determine  that  your  linked  checking  account  is  overdrawn  by  $125,  you  understand  and  agree  that  we  may  automatically  make  an  Overdraft 
Advance of $150 from your Union Bank Credit Card for deposit to your linked checking account.  We will make advances only once each business day.   

Advances will only be processed if at least one Item can be covered by the advanced amount.  Any negative balance from a previous business day will 
not trigger an Advance unless another eligible Item is presented for payment and there is sufficient Available Credit on the credit card account to cover 
at least that additional Item.  If you do not have sufficient Available Credit on your credit card account to cover all Items, your linked checking account will 
be subject to Overdraft Fees for any uncovered Items.  The total Advance Amount will appear on the linked checking account statement each day an 
advance is made.  Only one checking account may be linked to one credit card account, and both accounts must have a common Owner.  If your linked 
checking account is changed to a closed status for any reason, Union Bank may terminate the Overdraft Protection Linked to a Union Bank Credit Card 
service without notice.   

Overdraft Advances and the $10 daily Overdraft Advance Fee will be added to your Overdraft Advance Balance Category on your credit card monthly 
statement and be charged the Overdraft Advance Annual Percentage Rate.  Your APR will be 15.99% to 25.99%, based on your creditworthiness.  This 
APR will vary with the market based on the Prime Rate.  No grace period will apply when calculating finance charges for Overdraft Advances.  If your 
linked credit card account is changed to a closed status for any reason, Union Bank may terminate the Overdraft Protection Linked to a Union Bank 
Credit Card service without notice.  You may cancel this service at any time.   

Some accounts may not be eligible for Overdraft Protection Linked to a Union Bank Credit Card.  For more information, see our Personal Accounts & 
Services Disclosure and Agreement.   

OTHER DISCLOSURES 

WASHINGTON STATE RESIDENTS:  Washington state law against discrimination prohibits discrimination in credit transactions because of race, creed, 
color, national origin, sex, or marital status.  The Washington State Human Rights Commission administers compliance with this law.   

CALIFORNIA  RESIDENTS:    A  married  applicant  may  apply  for  a  separate  account.    Additionally,  we  may  obtain  information  at  any  time  from  the 
California Department of Motor Vehicles.  You agree to waive the address confidentiality requirements section of the California Vehicle Code (Section 
1808.21).   

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 MARRIED WISCONSIN  APPLICANTS:   No provision of any marital property agreement, unilateral statement or court decree adversely 
affects our interests and/or rights unless, prior to the time the credit is granted or an open-end credit plan is entered into, we are furnished with a copy of 
the  agreement,  statement,  or  decree,  or  have  actual  knowledge  of  the  adverse  provision.    Married  Wisconsin  residents  applying  for  credit 
separately must furnish name and address of their spouse to Union Bank at P.O.  Box 51442, Los Angeles, CA 90051.   

NEW  YORK  RESIDENTS  may  contact  the  New  York  State  Department  of  Financial  Services  by  telephone  at  1-800-342-3736  or  visit  its  website  at 
http://www.dfs.ny.gov for free information on comparative credit card rates, fees and grace periods.   

MILITARY LENDING ACT 

Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit.  In general, 
the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent.  This 
rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products 
sold  in  connection  with  the  credit  transaction;  any  application  fee  charged  (other  than  certain  application  fees  for  specified  credit  transactions  or 
accounts); and any participation fee charged (other than certain participation fees for a credit card account).   

Additionally, if any clause in your Agreement with us conflicts with the federal law protections afforded to members of the Armed Forces, including any 
provision related to mandatory arbitration, federal law will prevail.   

If you would like to receive this Military Lending Act disclosure orally, please call 1-877-925-8666. 

Page 3 of 5 

 
 
 
 
REWARDS PROGRAM TERMS AND CONDITIONS 

The following is a summary of certain key terms and conditions for the Union Bank Rewards Program.  You will receive complete Program terms and 
conditions with your account opening materials if your application is approved.   

EARNING POINTS:  You earn points by making “Net Purchases” with your credit card.   

You will earn 10,000 bonus reward points following your first $1,000 in Net Purchases within your first 3 months of account opening.  These points will 
post to your rewards point balance within 8 weeks after the close of your third billing cycle.   

You will earn 5 points (consisting of 1 base point and 4 bonus points) for the first $6,000 of Net Purchases made during the first 12 months after account 
opening using Mobile Wallets.  A “Mobile Wallet Purchase” is a purchase made by tapping to pay at a physical point of sale using one of 3 mobile wallets 
– Google Pay™, Apple Pay®, Samsung Pay®.  After you make $6,000 in Net Purchases during the first 12 months after account opening using Mobile 
Wallets, no further bonus points will be earned, but you will continue to earn 1 point for each $1.00 in Net Purchases using Mobile Wallets.   

You  will  earn  3  points  (consisting  of  1  base  point  and  2  bonus  points)  for  the  first  $6,000  of  Net  Purchases  made  during  each  calendar  year  at 
Restaurants.  A “Restaurant” is a merchant with the merchant category code (MCC) for “Caterers” (MCC 5811), “Eating Places and Restaurants” (MCC 
5812), "Drinking Places (Alcoholic Beverages), Bars, Taverns, Cocktail Lounges, Nightclubs and Discotheques” (MCC 5813), “Fast Food Restaurants” 
(MCC 5814).  After you make $6,000 in Net Purchases at Restaurants in a calendar year, you will earn 1 point for each $1.00 in Net Purchases that you 
make at Restaurants for the remainder of the calendar year.   

You will earn 2 points (consisting of 1 base point and 1 bonus point) for the first $6,000 of Net Purchases made during each calendar year at Grocery 
Stores  and  Gas  Stations.    A  “Gas  Station”  is  a  merchant  with  the  merchant  category  code  (MCC)  for  “Service  Stations  (with  or  without  ancillary 
services)”  (MCC  5541),  “Automated  Fuel  Dispensers”  (MCC  5542).    A  “Grocery  Store”  is  a  merchant  with  the  merchant  category  code  (MCC)  for 
“Grocery Stores” or “Supermarkets” (MCC 5411), “Dairy Product Stores” (MCC 5451), “Bakeries” (MCC 5462), “Misc. Food Stores (convenience stores 
and specialty markets)” (MCC 5499).  After you make $6,000 in Net Purchases at Grocery Stores and Gas Stations in a calendar year, you will earn 1 
point for each $1.00 in Net Purchases that you make at Grocery Stores and Gas Stations for the remainder of the calendar year.  Please note that the 
MCCs  for  superstores,  discount  stores  and  warehouse  clubs  are  not  eligible  for  bonus  points.    Net  Purchases  at  these  merchants,  including  Net 
Purchases for grocery items, will earn only 1 point per $1.00 in Net Purchases.   

You will earn 1 point per $1.00 of all new eligible Net Purchases charged to the card each billing cycle that are not a Mobile Wallet Purchase or for 
merchants that are not Restaurants, Grocery Stores, or Gas Stations.   

Merchants  are  assigned  a  merchant  category  code  by  payment  card  processors  based  upon  the  merchant's  primary  line  of  business.    We  do  not 
determine the MCC for a merchant.  Whether a transaction is eligible for bonus points depends on the MCC actually assigned to a merchant.  Purchases 
processed through merchants that do not process transactions under the eligible MCC and purchases processed through third-party payment accounts 
(e.g., PayPal™) will not qualify to receive bonus rewards.   

“Net  Purchases”  are  authorized,  new  purchases  posted  to  the  account  on  or  after  the  day  you  activate  your  credit  card  account,  excluding  disputed 
billing items and items that are subsequently subject to a refund or credit (such as for returned merchandise).  Points that have been awarded may be 
deducted if, after points are awarded, purchases are subsequently subject to a refund, credit or dispute.  Net Purchases do not include: (a) annual fees, 
finance charges and other fees or charges posted by us to the account; (b) cash advances (including but not limited to cash received over the amount of 
Purchases  charged  to  the  account,  purchases  of  money  orders  or  other  cash  equivalents)  or  special  check  transactions;  (c)  balance  transfers;  (d) 
overdraft advances; (e) charges for other products, services, or benefits that we provide (such as credit insurance premiums); or (f) other transactions 
that  we  determine  not  to  be  eligible.   Point  awards  are  not  earned  until they  appear  on  the  account  statement.   We  reserve  the  right  to  retroactively 
correct errors made in point awards.  We are solely responsible for determining which transactions are eligible for point earnings, and our determination 
is final.  Points you earn during the billing cycle will be added to your rewards point balance within 7 days after the end of the billing cycle.   

POINT REDEMPTION: You may redeem points for the following “Rewards”:  

•  Merchandise,  gift  cards/certificates,  travel  (airline,  hotel  and  car  rental),  and  Promotional  Redemptions  (defined  below)  based  on  the  point 

redemption value associated with the Reward, which may vary depending on the Reward;  

•  A statement credit to your card account at a rate of 1 cent per point;  
•  A deposit into a Union Bank checking or savings account at a rate of 1.25 cents per point;  
•  A principal reduction payment to your Union Bank mortgage account at a rate of 1.50 cents per point.   

You must have a Union Bank checking account, savings account, or residential mortgage account in an open status with Union Bank to qualify for the 
point redemption values referenced above.   

When you redeem points for a statement credit to your card account, the statement credit is treated as an additional payment on your account.  You are 
still required to make your regular monthly account payments as indicated on your monthly statements.  Statement credits will post to your card 
account within 5 business days.  It may not appear on your monthly statement for 1 to 2 billing cycles.   

When you redeem points for a deposit into a Union Bank checking or savings account, the deposit will post to your checking or savings account within 5 
business days.   

When  you  redeem  points for  a  principal  reduction  payment to  your  Union  Bank  mortgage  account,  the  payment  will  be  applied  as  an  extra  principal 
payment  and  will  not  count  toward  your  regular  monthly  payment.    You  are  still  required  to  make  your  regular  mortgage  account  payments  as 

Page 4 of 5 

 
 
indicated on your monthly statements.  Principal reduction payments will post to your mortgage account within 5 business days.  It may not appear on 
your mortgage account monthly statement for 1 billing cycle.   

We may also provide additional redemption options from time to time.  Redemption options are offered solely in our discretion, are not guaranteed, and 
are subject to any limits that we may impose.  Redemptions options may be withdrawn at any time without notice.   

The  amount  of  points  redeemed for  a  Reward  will  be  subtracted  from  your  point  balance.   We may,  in  our  discretion, set  a minimum  or  a maximum 
number of points that you may redeem in a single transaction.  We may adjust this amount from time to time.  We also may require that redemptions 
occur  in  round  increments  that  we  will  set  in  our  discretion  from time to  time.    All  Rewards  are  subject to  availability.   We may  withdraw,  change  or 
replace any Reward item.  We may also change the number of points required to redeem a Reward, at any time and without prior notice to you.  All 
redemption  transactions  are  final.    There  are  no  refunds,  exchanges,  replacements  or  conversions  for  currency,  credits,  points,  or  Rewards.    Point 
redemptions for Rewards may be subject to shipping, handling or other fees, and shipping restrictions may apply.   

The merchants participating in the Program are not affiliated with us nor are these merchants considered sponsors or co-sponsors of the Program.  All 
trademarks  are  the  property  of  their  respective  owners.    The  merchants’  terms  and  conditions  apply  to  their  respective  gift  cards/certificates, 
merchandise and/or services.  Upon receiving your Rewards, see each merchant’s specific terms and conditions for complete details, which are subject 
to change by the merchants at their sole discretion from time to time, subject to applicable law.   

POINT EXPIRATION: Points are redeemed on a first-in, first-out basis.  Points will expire on or after the third anniversary of the date earned.  

CHANGES: We  reserve  the  right  to  change  these  Program  terms  and  conditions  and  to  limit,  modify,  delete  or  otherwise  change  any  aspect  of  the 
Program  and  its  rules,  restrictions,  benefits  or  features,  in  whole  or  in  part,  including  but  not  limited  to  suspending  or  terminating  all  or  part  of  the 
Program, with or without prior notice (except where required by law).  Changes may have a retroactive effect.  Point redemption amounts may change at 
any time.   

DISQUALIFICATION/TERMINATION: If the account does not remain in good standing, you will not earn future points, cannot redeem points, and you 
will forfeit any accumulated points previously awarded.  An account is in good standing when no event has occurred that allows us to require immediate 
payment of your entire balance under the Agreement, including, without limitation, failing to make the minimum payment when due, having a payment to 
us denied, providing us false or misleading information, or violating the Agreement or any other agreement with us.   

We reserve the right to disqualify or remove any person or account from participation in the Program, refuse to award or redeem points, or close your 
account at any time, for any reason including, but not limited to, your account being inactive (as such term is defined by us from time to time).  If such a 
disqualification is temporary, it may result in the forfeiture of any accumulated points.  If such a disqualification is permanent, it will result in the forfeiture 
of any accumulated points.  Closing your account (by you or by us) will result in the termination of your enrollment in the Program, and any accumulated 
points will be forfeited. 

Cards are issued and serviced by Union Bank Card Services, a division of MUFG Union Bank, N.A. 

Apple,  the  Apple  logo,  Apple  Pay,  Apple  Watch,  Touch  ID,  IPhone  and  IPad  are  trademarks  of  Apple  Inc.  registered  in  the  U.S.  and  other 
countries. 
Google Pay is a trademark of Google Inc. Google, Goole Pay, and the Google Logo are trademarks of Google Inc. 
Samsung Pay is a registered trademark of Samsung Electronics Co., Ltd. 

©2018 MUFG Union Bank, N.A. All rights reserved. Member FDIC.  
Union Bank is a registered trademark and brand name of MUFG Union Bank, N.A. unionbank.com 

Union Bank Rewards Visa Card (CEP/EP5321MR)- Web 9/18 

Page 5 of 5