CredIt Card agreement

F03-U556-7

Introduction
YoUr Cardholder agreement
This document, together with your Rates and Fees Table, and any amendments make up the contract between you, the cardmember, and Citizens Bank, N.A. Any special 
offers related to your Account are subject to this Agreement, unless explained otherwise. We will refer to this document as your “Agreement.” thIS agreement 
ContaInS an arBItratIon ProVISIon InClUdIng a notICe regardIng the rIght to oPt oUt.

aCCePtanCe oF YoUr agreement
Your use of the Account or any payment on the Account indicates your acceptance of the terms of this Agreement. 

Any Cards or checks issued to you belong to us. You agree to sign each Card before you use it. You agree to return your Cards and checks to us at any time, if we ask you. 
When you present your Card, we, a merchant, or any other party acting on our behalf can retain your Card, without prior notice to you.

ChangeS to YoUr agreement
We may change the terms of this agreement, including but not limited to annual Percentage rate (aPr) and fees, from time to time. We may also add new terms, 
delete terms, or change any benefit, service, or feature on your Account. We may do this in response to the business, legal or competitive environment. Our ability to make 
changes to this Agreement is limited by applicable law. If required by applicable law, we will provide notice of the change to you before the effective date of the change. We 
will tell you in the notice if you have the right to reject the change.

PromISe to PaY
We have agreed to lend you money as described in this Agreement, and you agree to pay us back together with interest charges and fees. This promise includes paying 
for charges you make (even if you do not present your Card or sign the transaction), charges that other people make if you let them use your Account, and charges that 
additional authorized users make or permit others to make.

reWardS
Your Account might provide you with the opportunity to earn rewards. If it does, we will separately provide you with a Reward Guide containing information and terms 
about your rewards.

WordS USed In thIS agreement
“Account” means the relationship established between you and us in this Agreement.

“Card” means any one or more credit cards that we issue to you or someone else with your authorization under this Agreement.

“We,” “our” and “us” mean Citizens Bank, N.A., the issuer of your credit Card and the creditor under this Agreement, or any subsequent holder of this Agreement.

“You” and “your” mean anyone who

• applied for the Account (the “primary cardmember”),
• uses or maintains the Account, or
•  otherwise agrees to pay for the Account or be obligated under this Agreement.

Using your account
aUthorIzed USerS
If you ask us to issue a Card on this Account to another person or if you allow any person to use your Account, he or she is an authorized user. You are responsible for any 
use of your Account by an authorized user. Your Account does not permit you to limit the nature or amount of authority you give to any authorized user and you will not 
attempt to do so. An authorized user’s authority will continue until you (i) notify us that you are terminating the authority and (ii) you physically retrieve any Card, checks 
and any other means of access to your Card. Otherwise, you will remain liable for any transactions that we cannot prevent.

Each authorized user’s privilege ends automatically upon the death of all of the primary cardmembers. If any person uses the Card after the privilege ends, such use 
indicates his or her agreement to pay us, and we may, at our discretion, pursue the person for payment of any balance or charge resulting from his or her use of the Card. 
You agree to notify each authorized user that he or she is subject to the terms of this Agreement.

YoUr CredIt lImIt
We assign a total credit limit to your Account that we agree to extend to you at any one time. The total credit limit will include a separate limit for cash advances. This 
information will be shown on your Account statement.

Your available credit will be the amount of your total credit limit, minus the sum of:

(i) the new balance, (ii) any purchases, balance transfers or cash advances which have been authorized but not yet posted to your Account, and (iii) the amount of any 
payments that have not yet cleared. We may change the amount of your total credit limit and the cash advance limit without prior notice to you.

You agree not to exceed any part of your total credit limit. Even if we permit transactions that exceed any part of your total credit limit, you are responsible for those 
transactions. If we refuse any such transaction, we may advise the person attempting the transaction that it has been refused and we are not responsible or liable for taking 
such action.

PUrChaSeS
You can use your Card to buy or lease goods or services. Each of these transactions is a purchase. In addition, any credit life insurance charges, payment protection plan 
charges, Account fees set forth below, and other fees that are charged to your Account (except cash advance transaction fees) are treated as purchases and will be subject 
to the interest rate for purchases.

BalanCe tranSFerS
We may, at our sole option, allow you to pay an amount you owe on an account you have with other creditors. This is called a balance transfer. We may pay the balance 
transfer amounts you have authorized up to your total credit limit, unless otherwise limited by the terms of the balance transfer. Balance transfers may not be used to make 
payments on accounts issued or held by us or our affiliates. 

When you make a balance transfer, we will charge interest beginning on the transaction date, as described in more detail in the section Annual Percentage Rate

and Interest. We will also charge you a transaction fee as described in your Rates and Fees Table. The transaction fee will accrue interest at the APR for purchases. Balance 
transfers and balance transfer transaction fees may also be subject to promotional, special or additional terms. Such terms will be included as part of your Agreement.

CaSh adVanCeS
A Cash Advance means the use of your Account for a loan in the following ways: 

1) Obtaining cash from a financial institution or an ATM:

You can use your Card to obtain cash advances from any financial institution that accepts your Card and processes the transaction. The minimum amount of any cash advance 
you can obtain from a financial institution in one day is $20 and the maximum amount is $3,000 or the available amount of your cash advance limit, whichever is less. 

You can also use your Card and personal identification number (PIN) to get a cash advance from any automated teller machine (ATM) that accepts your Card. The total 
amount of cash advances you can obtain from ATMs in one day is $500 or the available amount of your cash advance limit, whichever is less. We or the operators of ATMs 
may place additional limitations and requirements on cash advances you may obtain from ATMs.

Authorization for cash advances over a certain dollar amount or number may be refused under certain circumstances even though you have available cash. These 
restrictions may be for security or other reasons, such as the ATM or other electronic authorization system not working properly.

2) Convenience Checks:

A convenience check is any check we provide to you for accessing your account to obtain credit. A convenience check transaction is a cash advance. Convenience checks 
may not be used to make payment on any account issued or held by us or our affiliates. Convenience checks may be subject to promotional, special or additional terms, 
which are included as part of your Agreement. 

We may pay the amount you have authorized up to your available credit limit, unless otherwise changed by the terms of the offer. We reserve the right to put conditions 
on the use of these checks and to reject, decline and return unpaid any check at our discretion. If we decline a check, you may have to pay returned check fees or 
other penalties to whomever you wrote the check. If you ask us to stop payment on a check, you will be charged a stop payment fee. If you transfer a balance using a 
convenience check, that transaction will be treated like any other convenience check transaction, unless we tell you otherwise. We do not certify or return these checks. 
Convenience checks may include an expiration date printed on the check. We will honor checks received for payment before the expiration date printed on the check, 
provided your account is open and in good standing, with available credit.

3) Purchasing a Cash Equivalent:

You may use your Card to enter into a cash equivalent transaction. This includes purchasing travelers checks, savings bonds, foreign currency, money orders, wire 
transfers, lottery tickets, gift cards, gambling chips or wagers, or similar products or services as determined by us.

When you obtain a cash advance we will charge interest beginning on the transaction date, as described in more detail in the section Annual Percentage Rate and Interest. 
We will also charge you a transaction fee as described in your Rates and Fees Table. The transaction fee will accrue interest at the APR for cash advances.

ForeIgn tranSaCtIon/CUrrenCY ConVerSIon
If a foreign transaction fee applies to your Account, we will charge you a fee for transactions that are conducted in a currency other than U.S. Dollars. This includes, 
for example, online or phone purchases where the transaction is conducted in a currency other than U.S. Dollars. This fee is calculated on the U.S Dollar amount of the 
transaction. The transaction fee is an interest charge that will accrue interest at the APR for purchases.

Our network providers (e.g., MasterCard) convert transactions in foreign currencies into U.S. dollars. The type of card you have determines who does the conversion. Each 
network provider follows its own procedures, which it may change from time to time without notice to you at its discretion.

The exchange rate will be determined using either the range of rates available in the wholesale currency markets for the processing date or a government- mandated rate in 
effect on that date. The exchange rate used by our network providers may differ from the rate on the date of your transaction. You agree to accept and pay the U.S. Dollar 
amount converted from a foreign currency as provided in this section. We will deduct the applicable fees from this amount. This means that the amount of the credit may 
be different from the amount that was originally charged to your Account for the transaction.

alloWed USe
You agree to use your Account only for lawful purposes. You agree not to make or allow to be made any transactions which are illegal under any state or federal law. We may decline 
to approve any transaction which we reasonably believe is illegal under any state or federal law.

Your billing statement and making payments
BIllIng StatementS
We will send you a billing statement each month that you have a credit or debit balance of more than $1, when an interest charge has been imposed, or when there has 
been activity in your Account, unless we deem your Account uncollectible or delinquency collection proceedings have been instituted against you. In our discretion, we may 
choose to send you a statement even if you do not have a credit or debit of $1 or more.

Your statement will show the total amount that you owe us as of the end of the last billing cycle. It will also show the minimum payment you must make to us by the stated 
due date.

notIFYIng US IF YoU FInd a mIStake
Unless you notify us in writing within 60 days of receipt, your billing statement will be deemed to be correct.

hoW to make a PaYment
Payments may be mailed to the address shown on your billing statement. Payments made by mail must be accompanied by the return portion of your statement. 
Payments must be made in U.S. dollars drawn on a federally-insured depository institution located in the U.S. You authorize us to collect any payment check either 
electronically or by draft.

In addition to accepting payments by mail, we may permit you to make payments by electronic means, including by telephone or Internet, subject to any terms we 
may impose on these alternative methods of payment, including charging an expedited service fee of which we will inform you at that time. also, we may permit you 
to make payments in person at one of our branches.

hoW We CredIt PaYmentS
Payments received at the address shown on your billing statement before 5:00 P.M. Eastern Time will be credited by us for that day. Payments received after this time will 
be credited for the next business day. If your payment due date is on a day on which we do not receive mailed payments, a mailed payment received on the next business 
day will not be treated as late.

If you do not use one of the ways to make payments stated in this Agreement, the return portion of your statement is damaged and we are unable to identify your Account, 
or you do not comply with the payment requirements stated on your statement, crediting of your payments may be delayed up to 5 days or your payment may be rejected.

If a payment is received in person at one of our branches before the actual time of closing of the branch at which the payment is made, it will be credited by us for that day.

mInImUm PaYment
You must pay at least the minimum payment due by the payment due date. You may pay the entire amount you owe us at any time. The minimum payment due and 
payment due date are shown on each billing statement. You also agree to pay amounts in excess of your credit limit when billed to your monthly statements or sooner if we 
ask. If you do not pay the minimum payment by the due date, we may charge you a late payment fee.

hoW We CalCUlate the mInImUm PaYment
If your new balance is $30 or less, your minimum payment will be the new balance. Otherwise, it will be the greater of (i) $30; or (ii) equal to the total billed Interest charges 
(excluding transaction fees for balance transfers, cash advances, foreign transactions, and cash equivalents), and any billed late payment fees and 1% of the new balance.

Any amount past due and any amount over your total credit limit or cash advance limit may be added to the minimum payment. Your minimum payment, exclusive of 
interest charges, will be rounded to the nearest whole dollar. We may change your minimum amount due including increasing your minimum amount due subject to 
applicable law.

If you exercise your right to cancel contained in a change-in-terms notification, we may increase your minimum amount due. We may require (i) a method in which the 
minimum periodic payment includes a percentage of the outstanding balance that is twice the percentage required before the increase or (ii) a method which incorporates 
an amortization period of not less than 5 years. We may also choose a method that is no less beneficial to you than the other two methods previously described.

hoW PaYmentS are aPPlIed
Payments less than or equal to the minimum amount due will be applied in any order that we shall from time to time choose. generally, payments less than or equal 
to the minimum amount due are applied to introductory, promotional or low rate balances before we apply payments to balances that are subject to standard or 
higher rates, regardless of when the transaction is made. any amount of your payments that is greater than the minimum amount due will be applied first to balances 
with the highest aPr, and then to each successive balance with the next highest aPr, until the payment is exhausted.

reStrICtIVe endorSementS
Any conditional check, money order or any other instrument tendered with a restrictive endorsement or as a full satisfaction of a disputed debt must be sent to our address 
for billing error notices shown on each statement and must conspicuously state on the face of that payment or in an accompanying letter that it is tendered for this 
purpose. If you make payment in any other way and we accept it, we will not have waived our right to collect any amount from you owed under this Agreement.

Annual percentage rate and interest
aBoUt YoUr annUal PerCentage rateS
The APR or “annual percentage rate” is an annualized interest rate. Different APRs apply to different balances (called transaction types) on your Account, such as the 
balances on purchases, balance transfers and cash advances.

Your APRs may be either fixed or variable. Your Rates and Fees Table and your statement disclose whether you have fixed or variable rates. If an APR is variable, it 
may vary monthly as the Index rate changes and will be reset on the first day of each billing cycle. The Index rate is described in your Rates and Fees table. If the Index 
increases, the variable APRs will increase. Any increase in your APRs will apply to all unpaid purchases, balance transfers and cash advances (regardless of the transaction 
date), will increase the interest charge and may increase the minimum payment.

hoW We CalCUlate IntereSt
In General. We calculate the interest charge separately for each transaction type (purchases, balance transfers, and cash advances) as well as for any applicable 
promotional rate. This means that your Account may have separate balances for each transaction type. The total interest charged for a billing cycle is the sum of the 
interest charged for each balance.

We use the average daily balance (including new purchases) method, which means we calculate a daily balance for each type of transaction and use the daily balances to 
determine your interest charges. According to this method, we calculate the interest charge for each balance by

• applying the “daily periodic rate” to the “average daily balance” and
• multiplying the result by the number of days in the billing cycle.

WE CAlCUlATE ITS COMPONENTS IN ThE FOllOWING WAY:
The “daily periodic rate” is a daily interest rate. The daily periodic rate for each transaction type is equal to the APR for that transaction type divided by 365.

To get the “average daily balance” for each transaction type we add up the daily balances and then divide the result by the total number of days in the billing cycle. If any 
day’s daily balance is a credit balance, we will treat it as a balance equal to $0.00.

We calculate the “daily balance” by

• taking the “beginning balance” of the day,
• adding any new charges and applicable fees,
•  except for the first day of the billing cycle, adding the amount of any interest equal to the prior day’s daily balance multiplied by the daily periodic interest rate, and
• subtracting any payments or credits.

The “beginning balance” for the first day of the billing cycle is generally the ending balance for the prior billing cycle, including unpaid interest. For the rest of the billing 
cycle, the beginning balance is the prior day’s daily balance.

The addition of the prior day’s interest to the daily balance calculation causes interest to compound daily. We may, at our discretion, round these amounts, subject to any 
restrictions under applicable law.

mInImUm IntereSt Charge
If any interest charge is due, we will charge you at least the minimum interest charge shown on your Rates and Fees Table.

hoW to aVoId IntereSt ChargeS
You can avoid interest charges on purchases if you pay your entire balance by the payment due date every month. You will not pay interest for an entire billing cycle 
(“interest-free period” or “grace period”) on new purchases and fees if you paid the entire balance by the payment due date on your previous billing statement. The 
interest-free period or grace period is the time when you are not charged interest on new purchases and fees. We will not charge you interest on any portion of a purchase 
balance you repay while that balance is subject to an interest-free period. The payment due date will be at least 21 days from the statement date. To maintain the interest-
free period, you must continue to pay your entire balance every month.

You will lose your interest-free period if, at any time, you pay less than the entire balance shown on your billing statement. If you lose your interest-free period, the unpaid 
balance for purchases will be charged interest beginning on the transaction date and will continue to be charged until payment in full is credited to your Account. The 
transaction date for purchases is the day you make the purchase as shown on your statement.

Once the interest-free period is lost, you may owe interest charges even if you pay the entire balance stated on your most recent billing statement by the due date. This 
occurs because, interest continues to accrue every day on the balance shown on your most recent statement until your payment in full is credited to your Account. The 

interest charged from the date of the billing statement until the payment is credited to your Account will be included in your next billing statement.

There is no interest-free period for cash advance or balance transfer transactions. You will pay interest on cash advance and balance transfer transactions starting on the 
transaction date until you pay the entire amount in full. The transaction date for balance transfers is the day you make the balance transfer as shown on a statement. The 
transaction date for cash advances and related cash advance fees is the day you receive the cash advance.

Default
YoU are In deFaUlt IF anY one oF the FolloWIng eVentS haPPen
• you fail to make any payment when it is due;
• you have exceeded one or more of your credit limits;
• you provide us false, misleading, or fraudulent information;
• we become aware that you are using your Card for illegal or fraudulent purposes;
•  you fail to comply with any term of this Agreement or other agreements with us or any of our affiliated banks;
•  you are not paying your debts as they become due or you are bankrupt or insolvency proceedings are filed against you;
• a payment you made is rejected or cannot be processed;
• you die or are legally declared incompetent or incapacitated; or
•  we otherwise reasonably believe that you may be unwilling or unable to pay your debts on time.

oUr rIghtS IF YoU are In deFaUlt
We may reduce your total credit limit and/or your cash credit limit, increase your minimum payment, close your Account or suspend or terminate credit privileges if you 
are in default. We may, to the extent permitted by law, demand immediate payment of the total balance.

PenaltY aPr rate For neW tranSaCtIonS
We may apply the penalty APR rate to new transactions if you:

• Do not pay at least the minimum payment due by the payment due date;
• Make a payment that is returned;
• Go over your credit limit; or
• Do any of the above on another account that you have with us.

Please refer to your Rates and Fees Table to determine if a penalty APR rate applies to your Account. If the penalty APR rate is triggered, we will provide notice to you as 
required by applicable law. This rate may apply indefinitely.

PenaltY aPr rate For exIStIng BalanCeS
If we do not receive your minimum payment due within 60 days of the due date we may apply the penalty APR rate to all your existing balances and all future balances.

Please refer to your Rates and Fees Table to determine if a penalty APR rate applies to your Account. If the penalty APR rate is triggered, we will provide notice to you as 
required by applicable law. If for 6 consecutive billing cycles following the cycle in which the penalty APR rate is imposed, you make all required minimum payments by 
their payment due dates, we will reinstate your APR on purchases, balance transfers and cash advances.

ColleCtIon CoStS
If you are in default, we may refer your Account for collection or take any other actions permitted by this Agreement or applicable law. If we do, you agree to pay the 
reasonable fees and expenses of our collection agency or other person collecting your Account, as permitted by law, including reasonable attorneys’ fees and alternative 
dispute resolution costs.

neW hamPShIre reSIdentS: If you prevail in any action, suit or proceeding we bring or in an action you bring in connection with this Agreement, reasonable attorneys’ 
fees shall be awarded to you. If you successfully assert a pertinent defense, set off, recoupment or counterclaim to an action brought by us, the court may withhold from 
us the entire amount or such portion of the attorneys’ fees as the court deems appropriate.

WeSt VIrgInIa reSIdentS: Reference to the payment of attorneys’ fees and court costs in the terms of this Agreement is void.

Account fees
The following fees may be assessed on your Account (these are considered Account fees). If any fee in your Rates and Fees Table is marked none, the section of this 
Agreement that relates to that fee does not apply. Unless we tell you otherwise, all Account fees are treated as purchases (except that transaction fees for a cash advance 
are treated as a cash advance).

Card rePlaCement Fee
If we replace a stolen, lost or damaged Card, we may charge your Account a Card replacement fee of $10. We may charge additional fees for expedited or overseas 
delivery of your replacement Card.

CoPY Fee
We may charge your Account a copy fee of $5 for each page of photocopy of any sales slip or other record of your Account plus $30 per hour for the time it takes 
our employees or agents to make the copies, to the extent permitted by law.

StoP PaYment Fee
We may charge your Account a stop payment fee of $29 when you request that we stop payment of a check you have requested (including balance transfer checks and 
other checks that access your Account). You may make a stop payment request by calling us or by writing to us. We will accept a stop payment request provided that we 
receive the stop payment notice in a reasonable time before we have accepted, paid in cash, made final payment on or otherwise become obligated to pay such check, 
except to the extent otherwise required by applicable law. Stop payment requests will remain in effect for six months unless renewed in writing or by calling us before the 
expiration of the 6-month period.

late PaYment Fee
We may charge your account a late payment fee if we do not receive your minimum payment by the payment due date. Your late payment fee is $27 for the first 
occurrence and up to $38 for additional occurrences during the next six billing cycles. In no event will your late payment fee exceed the minimum payment. No late fee will 
be assessed if your minimum payment is less than $30.

annUal memBerShIP Fee
Please refer to your Rates and Fees Table to determine if an annual membership fee applies to your Account and, if applicable, the amount of the fee.

BalanCe tranSFer tranSaCtIon Fee, CaSh adVanCe tranSaCtIon Fee, ForeIgn tranSaCtIon Fee
Please refer to your Rates and Fees Table (or if relevant, a special offer) to determine the amount of this fee.

Closing an account
hoW to CloSe YoUr aCCoUnt
You may close your Account by calling us or writing to us. If there are multiple primary cardmembers on your Account, any one of you may close your Account at any time. 
We may immediately close your Account after we receive such a request, without giving notice to other cardmembers on your Account. You agree that you will not hold us 
responsible for any costs, damages or inconvenience you suffer as a result of the closing of your Account by any cardmember on your Account.

When We maY CloSe YoUr aCCoUnt
Even if you are not in default, we may, at any time: (i) reduce your total credit limit and/or cash advance limit; (ii) close your Account; (iii) cancel or suspend your privileges 
to make further purchases and balance transfers or obtain cash advances; or (iv) cancel or suspend any Account privileges or benefits. We can also reissue a different card 
to you at any time.

What YoU mUSt do When YoUr aCCoUnt IS CloSed
When your Account is closed, you must contact anyone authorized to charge transactions to your Account, such as internet service providers, health clubs or insurance 
agencies. Those transactions may continue to be charged to your

Account until you change the billing. Also, if we believe that you have authorized a transaction or are attempting to use your Account after you have requested to close the 
Account, we may allow the transaction to be charged to your Account and you will be responsible for payment under the terms of this Agreement.

What haPPenS When YoUr aCCoUnt IS CloSed
If you close your Account, or we close your Account, you may not make any further purchases and balance transfers or obtain cash advances. If you use your card after 
closing your Account and we extend credit as a convenience to you, you remain responsible for paying those charges. If we or you close your Account, we may, at our 
option, require you to pay the entire balance of your Account at once or permit you to pay the balance in monthly payments as provided in this Agreement or otherwise, as 
we determine. Other Account fees, such as a late payment fee, will apply as applicable. If an annual membership fee applies and you close your Account after the annual 
membership fee is billed, we will remove the fee from your Account, provided your Account is closed within 30 days after we mailed your statement on which the fee was 
charged to your Account. You may pay any balance due on your Account at any time.

Other important information
hoW to ContaCt US
Unless we tell you otherwise, you can contact us by phone: TOll FREE 1-800-426-1114 or in writing: Credit Card Services – Customer Service, P.O. Box 7092, Bridgeport, 
CT 06601. When writing, please include your name, address, home phone number, and Account number.

A telephone call will not preserve your rights under federal law.

ChangIng YoUr BIllIng addreSS
We will send statements and notices to your last known address. You promise to notify us promptly of any change in your address by following the notification method 
provided in the how to Contact Us section. If you have more than one Account, you need to notify us separately for each Account.

mUltIPle CardmemBerS
If there are two or more cardmembers obligated under this Agreement, we can send statements and notices to any one. Any notice we mail to an address provided by 
any of you for the Account will serve as notice to all of you. Each cardmember obligated under this Agreement is jointly and severally liable for all amounts charged to the 
Account regardless of which cardmember incurred the charges to the Account.

We maY ContaCt YoU
You authorize us (and our affiliates, agents and contractors) to contact you at any number you provide to us, from which you call us, or at which we believe we can reach 
you, and that we may contact you for any reason, including regarding any request you make for a loan or other product, to service or collect on every account you currently 
have with us or may have with us in the future and regarding any other products or services we are providing to you or which we provide to you in the future. You authorize 
us to contact you in any manner, including by means of automated dialing devices, prerecorded messages, wireless push notifications, or text messages, even if you are 
charged for receiving the communication and even if you will receive the communication on a mobile or wireless device. You agree that such calls are not unsolicited and 
that we may monitor and/or record them. You also agree to receive emails from us to any address where we reasonably believe that we may contact you.

CredIt InFormatIon
You agree that we will obtain credit reports about you, investigate your ability to pay, and obtain information about you from other sources including information to verify 
and re-verify your employment and income. We will use such information for any purposes, subject to applicable law.

We may report information about your Account to credit bureaus. Negative credit information, including late payments, missed payments, or other defaults on your 
Account may be reflected in your credit report. We may report Account information in your name and the names of authorized users. If you believe we have furnished 
inaccurate or incomplete information about you or your Account to a credit reporting agency, write to us at: Disputes, P.O. Box 7092, Bridgeport, CT 06601. Please include 
your name, address, home phone number and Account number, and explain what you believe is inaccurate or incomplete with supporting information.

InFormatIon SharIng
You authorize us to share information about you and your Account with affiliates and third parties, unless the law or our Privacy Notice prohibits us from doing so. 
Please see our Privacy Notice for your choices about information sharing. This includes information we get from you and others. It also includes information about your 
transactions with us.

UnaUthorIzed USe
If you notice the loss or theft of your Card or possible unauthorized use of your Card, you should immediately call us TOll FREE at 1-800-443-0164. You will not be liable 
for any unauthorized use that occurs after you notify us. You may, however, be liable for unauthorized use that occurs before your notice to us. In any case, if there is 
unauthorized use of your Card, your liability will not exceed $50.

IF YoUr aCCoUnt haS a CredIt BalanCe
You may request a refund of credit balances at any time by writing. If you don’t request a refund, we will apply credit balances to new transactions unless a refund is 
required by law. If you have a credit balance that is less than $1,000 or such other amount as we may determine, you may be able to request a refund over the telephone.

eVentS BeYond oUr Control
Except as otherwise required by applicable law, we are not responsible and will incur no liability to you for any failure, error, malfunction or any delay in carrying out any of 
our obligations under this Agreement if any such failure, error, malfunction or delay results from causes beyond our reasonable control.

no lIaBIlItY For reFUSal to honor
We are not liable for any refusal to honor your Account. This can include a refusal to honor your Card or Account or any check written on any transaction on your behalf. 
We are not liable for any retention of your Card by us, any other financial institution, or any provider of goods or services.

no reSPonSIBIlItY For UnaUthorIzed aCCeSS or InqUIrIeS
We are not responsible for unauthorized inquiries about your account or access to your Account information. You agree that so long as we are in compliance with applicable 
law and regulation that we will not be responsible or liable for the release of information to anyone who has gained access to your Account or Account information.

goVernIng laW
This Agreement and use of your Account are governed by federal law. To the extent that federal law does not govern, Connecticut law will apply, no matter where you live or 
use your Account. We accept this Agreement in Connecticut. Decisions about granting credit to you are made in Connecticut and all credit extended under this Agreement 
is extended by us from Connecticut.

SeParatIon oF InValId ProVISIonS
If any part of this Agreement becomes invalid under applicable law, the remainder of this Agreement will remain valid and in effect. If your Account is subject to a law 
setting maximum loan rates, fees or charges which is finally interpreted so that the charges on your Account would exceed permissible limits, then any such charge will be 
reduced (including retroactively) to permitted limits and any amount collected from you exceeding those limits will be refunded to you.

oUr rIght to delaY enForCement
We can delay enforcing any of our rights under this Agreement without losing any of them.

aSSIgnment
We may, at any time and without notice to you, sell, assign or transfer your Account, any amount due in your Account, this Agreement or our rights and obligations under 
your Account or this Agreement to any person or entity. The person or entity to whom we make any such sale assignment or transfer is entitled to all of our rights and is 
subject to all of your obligations under this Agreement, to the extent sold, assigned or transferred.

arBItratIon agreement
This section constitutes the Arbitration Agreement between you and us.

read thIS SeCtIon CareFUllY aS It WIll haVe a SUBStantIal ImPaCt on hoW legal dISPUteS BetWeen YoU and US are reSolVed. If you do not opt 
out, for a dispute subject to arbitration, neither you nor we will have the right to: (1) have a court or a jury decide the dispute; (2) engage in information-gathering 
(discovery) to the same extent as in court; (3) participate in a class action in court or in arbitration; or (4) join or consolidate a claim with claims of any other 
persons. arbitration procedures are simpler and more limited than rules applicable in court. the decision of the arbitrator is generally final and binding.

You have the right to cancel or opt out of this arbitration agreement as set forth below.

SPeCIal deFInItIon oF “We,” “US” and “oUr”
Solely for purposes of this Arbitration Agreement, the terms “we,” “us” and “our,” in addition to the meanings set forth in this Credit Card Agreement (the “Card 
Agreement”), also refer to our employees, officers, directors, parents, controlling persons, subsidiaries, affiliates, successors and assigns.

BIndIng arBItratIon
If you have a dispute with us, and we are not able to resolve the dispute informally, you and we agree that upon demand by either you or us, the dispute will be resolved 
through the arbitration process as set forth in this part. A “claim” or “dispute,” as used in this Arbitration Agreement, is any unresolved disagreement between you and us, 
arising from or relating in any way to the Card Agreement (including any renewals, extensions, addendums or modifications), the credit relationship between us, or relating to 
any reward program, feature, or benefit. It includes any disagreement relating in any way to services, accounts or any other matters; to your use of any of our banking facilities; 
or to any means you may use to access your account(s). Any claims or disputes arising from or relating to the advertising of our services, the application for, or the approval or 
establishment of your Account are also included. Claims are subject to arbitration, regardless of what theory they are based on, whether they seek legal or equitable remedies, 
or irrespective whether they are common law or statutory (federal or state) claims. Arbitration applies to any and all such claims or disputes, whether they arose in the past, 
may currently exist, or may arise in the future. Disputes include disagreements about the meaning, application or enforceability of this Arbitration Agreement.

trIal WaIVer
YOU AGREE ThAT YOU AND WE ARE WAIVING ThE RIGhT TO A JURY TRIAl AND TRIAl BEFORE A JUDGE IN A PUBlIC COURT. As the sole exception to this Arbitration 
Agreement, you and we retain the right to pursue in small claims court (or an equivalent state court) any dispute that is within that court’s jurisdiction, so long as the 
disputes remain in such court and advance only an individual claim for relief. If either you or we fail to submit to binding arbitration of an arbitrable dispute following lawful 
demand, the party so failing shall bear all costs and expenses incurred by the other in compelling arbitration.

ClaSS aCtIon and ClaSS arBItratIon WaIVer
DISPUTES BY OR AGAINST OThERS IN ANY COURT ACTION OR ARBITRATION, OR TO INClUDE IN ANY COURT ACTION OR ARBITRATION ANY DISPUTE AS A 
REPRESENTATIVE OR MEMBER OF A ClASS, OR TO ACT IN ANY ARBITRATION IN ThE INTEREST OF ThE GENERAl PUBlIC OR IN A PRIVATE ATTORNEY GENERAl 
CAPACITY, UNlESS ThOSE PERSONS ARE JOINT ACCOUNT BORROWERS OR BENEFICIARIES ON YOUR ACCOUNT. This is so whether or not the claim has been 
assigned. NEIThER YOU NOR WE ShAll BE ENTITlED TO JOIN OR CONSOlIDATE.

arBItratIon ProCedUreS
You or we may submit a dispute to binding arbitration at any time, regardless of whether a lawsuit or other proceeding has been previously commenced.

Each arbitration, including the selection of the arbitrator(s) shall be administered by the American Arbitration Association (AAA), or JAMS according to such forum’s rules 
and procedures. You may obtain a copy of the arbitration rules for these forums, as well as additional information about initiating arbitration by contacting these arbitration 
forums:

American Arbitration Association
1-800-778-7879 (toll-free)  |  website: www.adr.org

JAMS
1-800-352-5267 (toll-free)  |  website: www.jamsadr.com

In the event that JAMS or the AAA is unable to handle the dispute for any reason, then the matter shall be arbitrated instead by a neutral arbitrator selected by agreement 
of the parties pursuant to the AAA rules of procedure; or, if the parties cannot agree, selected by a court in accordance with the Federal Arbitration Act (Title 9 of the United 
States Code) (“FAA”). To the extent that there is any variance between the selected forum’s rules and this Arbitration Agreement, this Arbitration Agreement shall control.

If you initiate the arbitration, you must notify us in writing at Credit Card Services – Arbitration, P.O. Box 7092, Bridgeport, CT 06601. If we initiate the arbitration, we will 
notify you in writing at your last known address in our file.

The arbitration shall take place in the federal judicial district in which you reside, unless the parties agree to a different location in writing. Arbitrators must be members of 
the state bar where the arbitration is held, with expertise in the substantive laws applicable to the subject matter of the dispute. No arbitrator or other party to an arbitration 
proceeding may disclose the existence, content or results thereof, except for disclosures of information by a party required in the ordinary course of its business or by 
applicable law or regulation.

The arbitrator will follow applicable substantive law to the extent consistent with the FAA. The arbitrator will give effect to the applicable statutes of limitation and will dismiss 

barred claims. In addition, you or we may submit a written request to the arbitrator to expand the scope of discovery normally allowable. At the timely request of either you or 
us, the arbitrator must provide a brief written explanation of the basis for the award. A judgment on the award may be entered by any court having jurisdiction.

You and we agree that in our relationship arising from this Card Agreement:

(1)  the parties are participating in transactions involving interstate commerce;
(2)  the arbitrator shall decide any dispute regarding the enforceability of this arbitration agreement; and (3) this Arbitration Agreement and any resulting arbitration are 
governed by the provisions of the FAA, and, to the extent any provision of that act is inapplicable or unenforceable, the laws of the state that govern the relationship 
between you and us.

No arbitrator shall have authority to entertain any dispute on behalf of a person who is not a named party, nor shall any arbitrator have authority to make any award for the 
benefit of, or against, any person who is not a named party.

arBItratIon CoStS
The party initiating the arbitration (or appeal of the first arbitration award) shall pay the initial filing fee. If you file the arbitration and an award is rendered in your favor, 
we will reimburse you for your filing fee. If there is a hearing, we will pay the fees and costs for the first day of that hearing. All other fees and costs will be allocated in 
accordance with the rules of the arbitration forum. however, we will advance or reimburse filing and other fees if the arbitrator rules that you cannot afford to pay them or 
finds other good cause for requiring us to do so; or if you ask us in writing and we determine in good faith there is justifiable reason for doing so. Each party shall bear the 
expense of their respective attorneys, experts, and witnesses and other expenses, regardless of who prevails, but the arbitrator will have the authority to award attorneys 
and expert witness fees and costs to the extent permitted by either the Card Agreement, the forum’s rules or applicable law.

arBItratIon aWard and aPPeal
The arbitrator’s award shall be final and binding on all parties, except for any right of appeal provided by the FAA. however, any party can, within 30 days after the entry of 
the award by the arbitrator, appeal the award to a three-arbitrator panel administered by the forum. The panel shall reconsider anew all factual and legal issues, following 
the same rules of procedure and decide by majority vote. Reference in this Arbitration Agreement to “the arbitrator” shall mean the panel if an appeal of the arbitrator’s 
decision has been taken. The costs of such an appeal will be borne in accordance with the above paragraph entitled “Arbitration Costs.” Any final decision of the appeal 
panel is subject to judicial review only as provided under the FAA.

SeVeraBIlItY and SUrVIVal
If any part of this Arbitration Agreement, other than the Class Action Waiver, is deemed or found to be unenforceable for any reason, the remainder shall be enforceable. 
The Class Action Waiver is non-severable, if deemed or found to be unenforceable for any reason, the whole Arbitration Agreement shall be void and null. This Arbitration 
Agreement shall survive the closing of your Account and the termination or modification of any relationship between us.

notICe and CUre; SPeCIal PaYment
Prior to initiating an arbitration, you may give us a written Claim Notice describing the basis of your claim and the amount you would accept in resolution of the Claim, and 
a reasonable opportunity, not less than thirty (30) days, to resolve the claim. Such a Claim Notice must be sent to us by certified mail, return receipt requested, at Credit 
Card Services – Arbitration, P.O. Box 7092, Bridgeport, CT 06601. This is the sole and only method by which you can submit a Claim Notice. If (i) you submit a Claim 
Notice in accordance with this paragraph on your own behalf and not on behalf of any other party; (ii) you cooperate with us by promptly providing the information we 
reasonably request; (iii) we refuse to provide you with the relief you request; and (iv) the matter then proceeds to arbitration and the arbitrator subsequently determines 
that you are entitled to such relief (or greater relief), you will be entitled to a minimum award of at least $3,000 (not including any arbitration fees and attorneys’ fees and 
costs to which you will also be entitled). You should address all claims you have in a single Claim Notice and/ or a single arbitration. Accordingly, this $3,000 minimum 
award is a single award that applies to all claims you have asserted or could have asserted in the arbitration, and multiple awards of $3,000 are not contemplated.

ColleCtIon CoStS
Except where prohibited by law, if we take court action or commence an arbitration proceeding against you for collection after you default, or if you elect arbitration of a 
collection action we have brought against you in court, you will also be liable for court or arbitration costs, other charges or fees, and reasonable attorneys’ fees, should we 
prevail in such court action or arbitration.

rIghtS PreSerVed
This Arbitration Agreement does not prohibit you or us from exercising any lawful rights or using other available remedies to preserve, or obtain possession of property; 
exercise self-help remedies, including setoff rights; or obtain provisional or ancillary remedies such as injunctive relief, attachment, garnishment or the appointment of a 
receiver by a court of competent jurisdiction.

rIght to CanCel or oPt oUt oF thIS arBItratIon agreement
You may opt out of this Arbitration Agreement to resolve any claim or dispute by arbitration. To opt out of this Arbitration Agreement, you must send us written notice of 
your decision within forty-five (45) days of the opening of your Account or of receiving the Arbitration Agreement for the first time. Such notice must clearly state that you 
wish to cancel or opt out of the Arbitration Agreement section of this Card Agreement. It should include your name, address, Account name, Account number and your 
signature and must be mailed to Credit Card Services – Arbitration, P.O. Box 7092, Bridgeport, CT 06601. This is the sole and only method by which you can opt out of 
this Arbitration Agreement. Your exercise of the right to opt-out will not affect any remaining terms of this Card Agreement and will not result in any adverse consequence 
to you or your Account. You agree that our business records will be final and conclusive evidence with respect to whether you cancelled or opted out of this Arbitration 
Agreement in a timely and proper fashion.

Your billing rights – keep this document for future use
this notice tells you about your rights and our responsibilities under the Fair Credit Billing act.

If you think there is an error on your statement, write to us at Credit Card Services – Disputes, P.O. Box 7092, Bridgeport, CT 06601-3211.

What to do IF YoU FInd a mIStake on YoUr Statement

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 scheduled. If you want to stop payment on the amount you think is wrong.

You must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any potential errors and you may have to pay the 
amount in question.

What will happen after we receive your letter

When We reCeIVe YoUr letter, We mUSt do tWo thIngS:
1.  When we receive your letter, we must tell you that we received your letter. We will also tell you if we have already corrected the error.
2.  Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is correct.

WhIle We InVeStIgate Whether or not there haS Been an error:
•  We cannot try to collect the amount in question, or report you as delinquent on that amount.
•  The charge in question may remain on your statement, and we may continue to charge you interest on that amount.
•  While you do not have to pay the amount in question, you are responsible for the remainder of your balance.
•  We can apply any unpaid amount against your credit limit.

If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that amount.

aFter We FInISh oUr InVeStIgatIon, one oF tWo thIngS WIll haPPen

If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest and fees. We will send you a statement of the amount 
you owe and the date payment is due. We may then report you as delinquent if you do not pay the amount we think you owe.

If you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that you still refuse to pay. If you do so, we cannot report 
you as delinquent without also reporting that you are questioning your bill. You must tell us the name of anyone to whom we reported you as delinquent, and we must let 
those organizations know when the matter has been settled between us. If we do not follow all of the rules above, you do not have to pay the first $50 of the amount you 
question even if your bill is correct.

YoUr rIghtS IF YoU are dISSatISFIed WIth YoUr CredIt Card PUrChaSeS:
If you are dissatisfied with the goods or services that you have purchased with your credit card and you have tried in good faith to correct the problem with the merchant, 
you may have the right to not pay the remaining amount due on the purchase.

TO USE ThIS RIGhT, All OF ThE FOllOWING MUST BE TRUE:
1.  The purchase must have been made in your home state or within 100 miles of your current mailing address, and the purchase price must have been more than $50.

(Note: Neither of these are necessary if your purchase was based on an advertisement we mailed to you, or if we own the company that sold you the goods or services.)
2.  You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a check that accesses your credit card account do not

qualify.

3. You must not yet have fully paid for the purchase.

If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at: Credit Card Services – Disputes, P.O. Box 7092, Bridgeport, CT 
06601-3211. 

While we investigate, the same rules apply to the disputed amount as discussed above. After we finish our investigation, we will tell you of our decision. At that point, if we 
think you owe an amount and you do not pay, we may report you as delinquent.

© Copyright 2016 Citizens Financial Group, Inc. All rights reserved. Credit cards are issued by Citizens Bank, N.A. 
Citizens Bank is a brand name of Citizens Bank, N.A. and Citizens Bank of Pennsylvania. Member FDIC.

. 

Annual Percentage 
Rate (APR) for Purchases 

APR for Balance 
Transfers 

APR for Cash Advances 

Penalty APR and When 
It Applies 

Paying Interest 

Rates and Fees Table 

Interest Rates and Interest Charges 

11.99% to 19.99%. This APR will be based on your creditworthiness and
will vary with the market based on LIBOR.* 
Introductory APRs with varying durations may be available on some accounts.

11.99% to 19.99%.  This APR will be based on your creditworthiness and will vary with 
the market based on LIBOR* 
Introductory APRs with varying durations may be available on some accounts.

22.74%.   
This APR will vary with the market based on LIBOR.* 
Up to 29.99%. 
This APR may be applied to your account if you: 
    (1) Fail to make  the minimum payment by the payment due date; 

    (2) Exceed your Cash Advance Limit or  your Total Credit Limit; 
    (3) Make a payment that is returned or dishonored. 

How Long Will the Penalty APR Apply? If your APRs are increased due to 
 any default (as described above), the Penalty APR may apply indefinitely. 

Your due date is at least 21 days after the close of each billing cycle. We will not 
charge you interest on Purchases if you pay your entire balance by the due date of 
each month. You will pay interest on Cash Advances, Balance Transfers and 
Convenience Checks from the transaction date.

Minimum Interest Charge 

If you are charged interest, charge will be no less than $1.50 

For Credit Card Tips from 
the Consumer Financial  
Protection Bureau 

To learn more about factors to consider when applying for or using a credit 
card, visit the website of the Consumer Financial Protection Bureau at  
 http://www.consumerfinance.gov/learnmore 

Annual Fee 

NONE 

Fees 

Transaction Fees 

  - Balance Transfer 

Either $10 or up to 4% of the amount of each transfer, whichever is greater. 

   - Cash Advance 

Cash Loans, ATM Loans, and Convenience Check Loans: Either $10 or up to 3% 
of the amount of each advance, whichever is greater. 

Cash Equivalent Transactions: Either $20 or 5% of the amount of each advance, 
whichever is greater  

  - Foreign Transaction 

Either $1.50 or 3% of the U.S. dollar amount of each transaction, whichever is greater 

Penalty Fees 
 - Late Payment 
 - Returned Payment   
 - Over-the-Credit Limit 

Up to $38 
NONE 
NONE 

How we will Calculate your Balance: We will use the method called "average daily balances (including new 
purchases)." See Cardholder Agreement for more details. 

Loss of Introductory APR: We may end your Introductory APR and Apply the Penalty APR if you make a late payment. 

*Your APR for Purchases and Balances Transfers may vary monthly and will be reset on the first day of each billing cycle
by adding the index to a margin of 10.99%-18.99% percentage points. The APR for Cash Advances is determined 
monthly by adding the index to a margin 21.74% percentage points. The Index is determined monthly and it is the three 
month LIBOR (London Interbank Offered Rate) published in the northeastern edition of The Wall Street Journal in its 
Money Rates table on the first day of the preceding month rounded up to the nearest one-quarter of a percentage point. 
If the first day of the preceding month is not a business day, the Bank will use the three month LIBOR published on the 
next business day. 
The information about costs of the card described in this application is accurate as of December 
31, 2016. This information may have changed after that date. To find out what may have changed, 
call us toll free at 1-800-426-1114 or write to us at Credit Card Services, P.O. Box 7092, 
Bridgeport, Connecticut 06601.