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FR833282333_ CHEVRON AND/OR TEXACO TECHRON ADVANTAGE™ VISA® CARD
T&C DC PDF [20530C] 
03/16

SYNCHRONY BANK

RATES AND FEES TABLE 
CHEVRON AND/OR TEXACO TECHRON ADVANTAGE™ VISA® CARD ACCOUNT AGREEMENT

PRICING INFORMATION

Interest Rates and Interest Charges

The APR for purchases is the prime rate plus 23.74%.

This APR will vary with the market based on the Prime Rate.

29.99%

Your due date is at least 23 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 on the transaction date.

If you are charged interest, the charge will be no less than $1.00.

Annual Percentage 
Rate (APR) for 
Purchases

APR for Cash 
Advances

Paying Interest

Minimum Interest 
Charge

Fees

Transaction Fees

• Cash Advance

Either $10 or 5% of the amount of each cash advance, whichever is greater.

• Foreign Transaction

3% of each transaction.

Penalty Fees

• Late Payment

Up to $37

How We Will Calculate Your Balance: We use a method called “daily balance”. See your credit card account agreement that follows 
for more details.

SECTION II: RATES, FEES AND PAYMENT INFORMATION 
CHEVRON AND/OR TEXACO TECHRON ADVANTAGE™ VISA® CARD ACCOUNT AGREEMENT

How Interest is Calculated

Your Interest Rate

We use a daily rate to calculate the interest on the balance on your account each day. The daily rate is the applicable APR times 1/365. 
Interest will be imposed in amounts or at rates not in excess of those permitted by applicable law.

The APR for purchases is the prime rate plus 23.74%. As of February 1, 2016, the daily rate for purchases was .07464% (APR 27.24%).

Daily Rates May Vary. The APRs and the daily rates for purchases on your account vary with the market based on the prime rate. 
The prime rate for a billing cycle is the highest bank prime loan rate published in The Wall Street Journal in its Money Rates section on 
the last business day of the calendar month preceding the first day of the billing cycle.

If the prime rate increases, the daily rates and APRs for purchases will increase. As a result, interest, your total minimum payment and 
the number of payments it would take you to pay off your account balance may increase. We apply any change in rates because of a 
prime rate change to your entire account balance. A change in the prime rate will take effect on the first day of the first billing cycle after 
the change. We may select a new interest rate index if the prime rate is not available.

The daily rate for cash advances is .08217% (APR 29.99%).

When We Charge 
Interest 

Purchases.  We  charge  interest  on  your  purchases  from  the  date  you  make  the  purchase  until  you  pay  the  purchase  in  full.  See  
exceptions below.

• We will not charge you interest during a billing cycle on any purchases if:

1. You had no balance at the start of the billing cycle; OR

2. You had a balance at the start of the billing cycle and you paid that balance in full by the due date in that billing cycle.

• We will credit, as of the start of the billing cycle, any payment you make by the due date that we allocate to purchases if:

1. You had no balance at the start of the previous billing cycle; OR

2.  You  had  a  balance  at  the  start  of  the  previous  billing  cycle  and  you  paid  that  balance  in  full  by  the  due  date  in  the  previous  

billing cycle.

Cash Advances. We charge interest on your cash advances, and their related fees, from the date you make the transaction until you 
pay them in full. You cannot avoid paying interest on cash advances or their related fees.

 
 
 
 
How We Calculate 
Interest

We figure the interest charge on your account separately for each balance type. We do this by applying the daily rate to the daily balance 
for each day in the billing cycle. A separate daily balance is calculated for the following balance types, as applicable: purchases, cash 
advances and balances subject to different interest rates, plans or special promotions. See below for how this works.

1.  How to get the daily balance. We take the starting balance each day, add any new charges and fees, and subtract any payments 

or credits. This gives us the daily balance.

We apply fees to balance types as follows:

(a) late payment fees are treated as new purchases; 

(b) debt cancellation fees are added proportionately to each balance;

(c) cash advance fees are added to the cash advance balance; and

(d) foreign transaction fees are added to the purchase balance.

How Fees Work

Cash  
Advance Fee

Foreign 
Transaction Fee

2. How to get the daily interest amount. We multiply each daily balance by the daily rate that applies.

3. How to get the starting balance for the next day. We add the daily interest amount in step 2 to the daily balance from step 1.

4.  How  to  get  the  interest  charge  for  the  billing  cycle.  We  add  all  the  daily  interest  amounts  that  were  charged  during  the  

billing cycle.

We charge a minimum of $1.00 of interest in any billing cycle in which you owe interest. This charge is added proportionately to each 
balance type. 

We will charge this fee for each cash advance you make. For ATM cash advances this fee is in addition to any fee the ATM owner may 
charge you for use of the ATM.

We will charge this fee for purchases or cash advances you make in currencies other than U.S. dollars and/or in a country other than the 
U.S., whether or not the transaction was in a foreign currency. 

If you make a transaction with your account in a currency other than U.S. dollars, Visa U.S.A. Inc. (“Visa”) will convert the transaction 
amount into U.S. dollars using its currency conversion procedure. Under the currency conversion procedure that Visa currently uses, the 
non-U.S. dollar transaction amount is converted into a U.S. dollar amount by multiplying the transaction amount in the non-U.S. dollar 
currency by a currency conversion rate. Currently, Visa operating regulations provide that the currency conversion rate is either (1) a rate 
selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate 
may vary from the rate Visa itself receives, or (2) the government-mandated rate in effect for the applicable central processing date. The 
currency conversion rate that is in effect on the central processing date may differ from the rate in effect on the transaction date or the 
posting date, and may be higher than the rate you could have gotten if you had converted U.S. dollars into the foreign currency. 

Late  
Payment Fee

We will charge this fee if we do not receive the total minimum payment due on your account by 5 p.m. (ET) on the due date. This fee is 
equal to:

1. $27, if you have paid your total minimum payment due by the due date in each of the prior six billing cycles.

OR

2. $37, if you have failed to pay your total minimum payment due by the due date in any one or more of the prior six billing cycles.

The late payment fee will not be more than the total minimum payment that was due.

Minimum Payment Calculation

Your total minimum payment is calculated as follows.

The greater of:

1.  $25, or $35 (which includes any past due amounts) if you have failed to pay the total minimum payment due by the due date in 

any one or more of the prior six billing cycles.

OR

2. The sum of:

a. Any past due amounts; PLUS

b.  1% of your new balance shown on your billing statement (excluding any balance in connection with a special promotional 

purchase with a unique payment calculation); PLUS

c. Any late payment fees charged in the current billing cycle; PLUS

d. All interest charged in the current billing cycle; PLUS

e. Any payment due in connection with a special promotional purchase with a unique payment calculation.

We round up to the next highest whole dollar in figuring your total minimum payment. Your total minimum payment will never be more 
than your new balance. Payments required in connection with a special promotional purchase with a unique payment calculation will 
not be increased, but may be included in the $25 or $35 minimum amount otherwise due on your account.

 SECTION III: STANDARD PROVISIONS  
CHEVRON AND/OR TEXACO TECHRON ADVANTAGE™ VISA® CARD ACCOUNT AGREEMENT

ABOUT THE CREDIT CARD ACCOUNT AGREEMENT

This  Agreement.  This  is  an  Agreement  between  you  and  Synchrony  Bank,  170  Election  Road,  Suite  125,  Draper,  UT  84020, 
for your credit card account shown above. By opening or using your account, you agree to the terms of the entire Agreement. 
The entire Agreement includes the four sections of this document and the application you submitted to us in connection with the 
account. These documents replace any other agreement relating to your account that you or we made earlier or at the same time.

Parties  To  This  Agreement.  This  Agreement  applies  to  each  accountholder  approved  on  the  account  and  each  of  you  is 
responsible for paying the full amount due, no matter which one uses the account. We may treat each of you as one accountholder 
and may refer to each of you as “you” or “your”. Synchrony Bank may be referred to as “we”, “us” or “our”.

Changes To This Agreement. We may change, add or delete terms of this Agreement, including interest rates, fees and charges.

Special Promotions. The terms of this Agreement apply to any special promotion. However, any special promotional terms that 
are different than the terms in this Agreement will be explained on promotional advertising or other disclosures provided to you.

HOW TO USE YOUR ACCOUNT/CARD

Use Of Your Account. You may use your account only for lawful personal, family or household purposes. You may use your 
account for purchases from Chevron or Texaco locations, and from any merchant that accepts Visa credit cards. You may get cash 
advances as further explained below. 

Cash Advances. We may offer you the opportunity to get a cash advance with convenience checks that we send you. We may not 
honor a convenience check for any reason stated on the check. You can also get cash or make a withdrawal from any institution or 
ATM that accepts the card or the account. In addition, we will treat any purchase of certain cash like items as cash advances. Cash 
like items include for example, money orders, cashier’s checks, traveler’s checks, electronic or wire transfers, foreign currency or 
other in bank transactions, tax payments, lottery tickets or other legalized gambling transactions, court costs, bail bonds and fines.

Your Promise To Pay. You promise to pay us for all amounts owed to us under this Agreement. 

Your Responsibility. Each accountholder will receive a card. You may not allow anyone else to use your account. If you do, or if 
you ask us to send a card to someone else, you will be responsible for paying for all charges resulting from their transactions. 

Transaction Limits. To prevent fraud, we may limit the number or dollar amount of any type of transactions you can make in any 
particular amount of time. We also may decline any particular charge on your account for any reason.

Credit Limit. You will be assigned a credit limit and cash advance limit on your account that we may increase or decrease from 
time to time. If we approve a transaction that makes you go over your credit limit or your cash advance limit, we do not give up any 
rights under this Agreement and we do not treat it as an increase in either limit. 

HOW AND WHEN TO MAKE PAYMENTS 

When Payments Are Due. You must pay at least the total minimum payment due on your account by 5 p.m. (ET) on the due 
date of each billing cycle. Payments received after 5 p.m. (ET) will be credited as of the next day. You may at any time pay, in whole 
or in part, the total unpaid balance without any additional charge for prepayment. If you have a balance subject to interest, earlier 
payment may reduce the amount of interest you will pay. We may delay making credit available on your account in the amount of 
your payment even though we will credit your payment when we receive it.

Payment Options. You can pay by mail or online. We may allow you to make payments over the phone but we will charge you a 
fee to make expedited phone payments. Your payment must be made in U.S. dollars by physical or electronic check, money order 
or a similar instrument from a bank located in the United States.

How To Make A Payment. You must follow the instructions for making payments provided on your billing statement. If you do not, 
credit of your payment may be delayed up to five days. Your billing statement also explains how information on your check is used.

Payment  Allocation.  We  will  apply  the  required  total  minimum  payment  to  balances  on  your  account  using  any  method  we 
choose. Any payment you make in excess of the required total minimum payment will be applied to higher APR balances before 
lower APR balances. Applicable law may require or permit us to apply excess payments in a different manner in certain situations, 
such as when your account has a certain type of special promotion.

INFORMATION ABOUT YOU 

Using And Sharing Your Information. When you applied for an account, you gave us and Chevron U.S.A. Inc. information about 
yourself that we could share with each other. Chevron U.S.A. Inc. will use the information in connection with the credit program and 
for things like creating and updating its records and offering you special benefits. More information about how we use and share 
information is set forth in the privacy policy for your account. 

Address/Phone  Change.  You  represent  that  any  phone  number  that  you  provide  to  us  belongs  to  you  and/or  that  you  are 
authorized to provide that number. You also agree to tell us right away if you change your address or any phone number.

Consent To Communications. You consent to us, as well as any other owner or servicer of your account, contacting you through 
any channel of communication and for any purpose, as permitted by applicable law. For informational, servicing or collection related 
communications, you agree that we may use the phone numbers that you provide to us to contact your cellular phone or wireless 
device with text messages, artificial or prerecorded voice calls, and calls made by an automatic telephone dialing system. This 
consent applies even if you are charged for the call under your plan. You are responsible for any charges that may be billed to you 
by your communications carrier when we contact you.

Telephone Monitoring. For quality control, you allow us to listen to and/or record telephone calls between you and us.

IMPORTANT INFORMATION ABOUT YOUR ACCOUNT

Closing Your Account. You may close your account at any time by sending a letter to the address shown on your billing statement 
or calling customer service. We may close your account at any time, for any reason. If your account is closed, you must stop using 
it. You must still pay the full amount you owe and this Agreement will remain in effect until you do.

Collection  Costs.  If  we  ask  an  attorney  who  is  not  our  salaried  employee  to  collect  your  account,  we  may  charge  you  our 
collection costs. These include court costs and reasonable attorneys’ fees.

Credit  Bureau  Reporting.  We  may 
payments,  missed  payments,  or  other  defaults  on  your  account  may  be  shown 
if  you  think  we  reported  wrong 
Orlando, FL 32896-5015. Tell us what information is wrong and why you think it is wrong. If you have a copy of the credit report that 
includes the wrong information, send us a copy. 

information  about  you  to  a  credit  bureau.  Write  to  us  at  P.O.  Box  965015,   

to  credit  bureaus.  Late 
in  your  credit  report.  Tell  us 

information  about 

your  account 

report 

Default. You are in default if you make a late payment, do not follow any other term of this Agreement or become bankrupt or 
insolvent. If you default or upon your death, we may (a) request payment of the full amount due right away, (b) take legal action to 
collect the amounts owed, and/or (c) take any other action allowed. 

Disputed Amounts. The billing rights summary in section IV of this Agreement describes what to do if you think there 
is a mistake on your bill. If you send us correspondence about a disputed amount or payment, you must send it to 
the address for billing inquiries. We do not give up any rights under this Agreement if we accept a payment marked 
“payment in full” or given with any other conditions or limitations.

Unauthorized Use. If your card is lost, stolen or used without your consent, call us immediately at 1-866-448-4367. You will not 
be liable for unauthorized use on your account, but you will be responsible for all use by anyone you give your card to or allow to 
use your account.

Transactions Processed On The Visa Network. Transactions made using your credit card in a Chevron or Texaco location are 
processed by Synchrony Bank and are not processed on the Visa network. As a result, these transactions are not eligible for certain 
benefits that apply to transactions processed over the Visa network. For example, transactions in a Chevron or Texaco location 
do not count as eligible transactions for promotions that are sponsored by Visa, such as “Visa Extras”. Your account is protected 
against unauthorized use as provided in this Agreement. In addition, Visa’s Zero Liability policy applies to all transactions not made 
in a Chevron or Texaco location.

IMPORTANT INFORMATION ABOUT THIS AGREEMENT 

Assignment. We may sell, assign or transfer any or all of our rights or duties under this Agreement or your account, including our 
rights to payments. We do not have to give you prior notice of such action. You may not sell, assign or transfer any of your rights or 
duties under this Agreement or your account.

Enforceability. If any part of this Agreement is found to be void or unenforceable, all other parts of this Agreement will still apply.

Governing Law. Except as provided in the Resolving a Dispute with Arbitration section, this Agreement and your account are 
governed by federal law and, to the extent state law applies, the laws of Utah without regard to its conflicts of law principles. This 
Agreement has been accepted by us in Utah.

Waiver. We may give up some of our rights under this Agreement. If we give up any of our rights in one situation, we do not give 
up the same right in another situation.

RESOLVING A DISPUTE WITH ARBITRATION 

PLEASE  READ  THIS  SECTION  CAREFULLY.  IF  YOU  DO  NOT  REJECT  IT,  THIS  SECTION  WILL  APPLY  TO  YOUR 
ACCOUNT, AND MOST DISPUTES BETWEEN YOU AND US WILL BE SUBJECT TO INDIVIDUAL ARBITRATION. THIS 
MEANS THAT: (1) NEITHER A COURT NOR A JURY WILL RESOLVE ANY SUCH DISPUTE; (2) YOU WILL NOT BE ABLE 
TO PARTICIPATE IN A CLASS ACTION OR SIMILAR PROCEEDING; (3) LESS INFORMATION WILL BE AVAILABLE; AND 
(4) APPEAL RIGHTS WILL BE LIMITED.

• What claims are subject to arbitration

1.  If either you or we make a demand for arbitration, you and we must arbitrate any dispute or claim between you or any other 
user of your account, and If either you or we make a demand for arbitration, you and we must arbitrate any dispute or claim 
between you or any other user of your account, and us, our affiliates, agents and/or Chevron U.S.A. Inc., if it relates to your 
account, except as noted below. 

2.  We will not require you to arbitrate: (1) any individual case in small claims court or your state’s equivalent court, so long as 
it remains an individual case in that court; or (2) a case we file to collect money you owe us. However, if you respond to the 
collection lawsuit by claiming any wrongdoing, we may require you to arbitrate.

3.  Notwithstanding any other language in this section, only a court, not an arbitrator, will decide disputes about the validity, 
enforceability, coverage or scope of this section or any part thereof (including, without limitation, the next paragraph of this 
section and/or this sentence). However, any dispute or argument that concerns the validity or enforceability of the Agreement 
as a whole is for the arbitrator, not a court, to decide.

• No Class Actions

YOU  AGREE  NOT  TO  PARTICIPATE  IN  A  CLASS,  REPRESENTATIVE  OR  PRIVATE  ATTORNEY  GENERAL  ACTION 
AGAINST  US  IN  COURT  OR  ARBITRATION.  ALSO,  YOU  MAY  NOT  BRING  CLAIMS  AGAINST  US  ON  BEHALF  OF 
ANY  ACCOUNTHOLDER  WHO  IS  NOT  AN  ACCOUNTHOLDER  ON  YOUR  ACCOUNT,  AND  YOU  AGREE  THAT  ONLY 
ACCOUNTHOLDERS ON YOUR ACCOUNT MAY BE JOINED IN A SINGLE ARBITRATION WITH ANY CLAIM YOU HAVE. 

If a court determines that this paragraph is not fully enforceable, only this sentence will remain in force and the remainder will 
be null and void, and the court’s determination shall be subject to appeal. This paragraph does not apply to any lawsuit or 
administrative proceeding filed against us by a state or federal government agency even when such agency is seeking relief 
on behalf of a class of borrowers, including you. This means that we will not have the right to compel arbitration of any claim 
brought by such an agency.

• How to start an arbitration, and the arbitration process

1.  The  party  who  wants  to  arbitrate  must  notify  the  other  party  in  writing.  This  notice  can  be  given  after  the  beginning  of  a 
lawsuit  or  in  papers  filed  in  the  lawsuit.  Otherwise,  your  notice  must  be  sent  to  Synchrony  Bank,  Legal  Operation, 
P.O. Box 29110, Shawnee Mission, KS 66201-5320, ATTN: ARBITRATION DEMAND. The party seeking arbitration must select an 
arbitration administrator, which can be either the American Arbitration Association (AAA), 1633 Broadway, 10th Floor, New York, 
NY 10019, www.adr.org, 1-800-778-7879, or JAMS, 620 Eighth Avenue, 34th Floor, New York, NY 10018, www.jamsadr.com, 
1-800-352-5267. If neither administrator is able or willing to handle the dispute, then the court will appoint an arbitrator. 

2.  If a party files a lawsuit in court asserting claim(s) that are subject to arbitration and the other party files a motion with the 
court to compel arbitration, which is granted, it will be the responsibility of the party asserting the claim(s) to commence the 
arbitration proceeding.

3.  The arbitration administrator will appoint the arbitrator and will tell the parties what to do next. The arbitrator must be a lawyer 
with at least ten years of legal experience. Once appointed, the arbitrator must apply the same law and legal principles, 
consistent with the FAA, that would apply in court, but may use different procedural rules. If the administrator’s rules conflict 
with this Agreement, this Agreement will control.

4.  The arbitration will take place by phone or at a reasonably convenient location. If you ask us to, we will pay all the fees the 
administrator or arbitrator charges, as long as we believe you are acting in good faith. We will always pay arbitration costs, 
as well as your legal fees and costs, to the extent you prevail on claims you assert against us in an arbitration proceeding 
which you have commenced.

• Governing Law for Arbitration

 This Arbitration section of your Agreement is governed by the Federal Arbitration Act (FAA). Utah law shall apply to the extent 
state law is relevant under the FAA. The arbitrator’s decision will be final and binding, except for any appeal right under the FAA. 
Any court with jurisdiction may enter judgment upon the arbitrator’s award.

• How to reject this section

You  may  reject  this  Arbitration  section  of  your  Agreement.  If  you  do  that,  only  a  court  may  be  used  to 
resolve  any  dispute  or  claim.  To  reject  this  section,  you  must  send  us  a  notice  within  60  days  after  you 
open  your  account  or  we  first  provided  you  with  your  right  to  reject  this  section.  The  notice  must  include 
your  name,  address  and  account  number,  and  must  be  mailed  to  Synchrony  Bank,  P.O.  Box  965012,   
Orlando, FL 32896-5012. This is the only way you can reject this section.

SECTION IV: OTHER IMPORTANT INFORMATION 
CHEVRON AND/OR TEXACO VISA TECHRON ADVANTAGE™ VISA® CARD ACCOUNT AGREEMENT

This section of the agreement includes state notices, billing rights summary and rewards terms (if applicable) and is not required to be 
provided as part of the credit card agreement posted online or provided to the CFPB.

FR833282333_ CHEVRON AND/OR TEXACO TECHRON ADVANTAGE™ VISA® CARD
T&C DC PDF [20530C] 
03/16