Cardmember Agreement and Disclosure Statement 

AG3105 (11/10) CI 

This document and accompanying Additional Disclosure Statement make up your Cardmember Agreement and 
Disclosure Statement and throughout this document are referred to as the “Cardmember Agreement” or “Agreement.” The 
Additional Disclosure Statement contains important Account information including your Annual Percentage Rates 
(“APRs”) and the amount of any fees. Please take the time to familiarize yourself with your Agreement and retain it for 
future reference. 

Thank you for being an HSBC Cardmember. We appreciate your business. 

AGREEMENT TO TERMS AND DEFINITIONS 

This Cardmember Agreement and Additional Disclosure Statement as presently set forth, and as they may be amended, 
govern the open end line of credit we have established for you (your “Account”). We refer to these documents jointly as 
your “Cardmember Agreement” or “Agreement”. “You” and “your” refer to all persons who applied for the Account or are 
contractually liable through any other means. “We,” “us,” and “our” refer to HSBC Bank USA, N.A. “Card” means any 
credit card, your assigned Account number and any other access devices issued under this Agreement. “Network” means 
Visa International, MasterCard International Incorporated, Discover Financial Services LLC, American Express or other 
governing credit card network, as applicable. You and we are bound by this Agreement from the earlier of the time you 
receive it or from the date of the first transaction, including, without limitation, the placement or posting of any Annual Fee 
or Periodic Membership Fee on your Account. You may close your Account before using it without paying any Annual 
Fee, or Periodic Membership Fee if applicable to your Account, when you call us within 90 days of your Account open 
date at the customer service number on the back of your Card. 

USING YOUR ACCOUNT 

Account Use Restrictions 

You agree to use your Account only for personal, family, household, or charitable purposes. You agree not to use your 
Account to make payments to us or to any of our affiliates. You agree to use your Account only for valid and lawful 
purposes. If your Account is used for any other purposes, you are responsible for such use and may be required to 
reimburse us and the Network for all resulting amounts and expenses. You are not authorized to use your Account for any 
internet gambling transactions, even if otherwise lawful and enforceable. 

Types of Account Transactions 

You can access your Account using your Card or by other means approved by us to make purchases, receive cash 
advances, or make balance transfers. We may limit the dollar amount and/or frequency of any type of transaction without 
notice to you.  

Additional Cards 

You may request additional Cards on your Account for yourself or others and you may permit authorized users to have 
access to the Card or Account number. You are personally responsible for each use of each Card issued on your Account 
according to the terms of this Agreement. If you permit authorized users to have access to your Account, you must pay us 
for all charges incurred by those persons, including charges for which you may not have intended to be responsible. You 
must notify us to revoke an authorized user's permission to use your Account. If you do so, we may close your Account 
and issue a new Card or Cards with a different Account number. You are responsible to recover from that authorized user 
and destroy any Cards, checks and other devices that can be used as a means of accessing your Account. 

Your Credit 

Credit Limit  

The Card must be signed to be used. Whether you sign the Card or not, you are fully responsible for complying with all 
the terms of this Agreement. We will advise you of the total credit limit on your Account when we first send you your Card. 
All or a portion of your total credit limit is available for cash advances. Your total credit limit and cash advance limit may 
change from time to time. We will notify you of any such changes through your billing statement or by sending you a 
separate notice. If no separate cash advance limit is listed on your billing statement, then the amount of your credit limit 
available for cash advances is your total credit limit.  

You agree not to allow your unpaid balance (including Interest Charges and other charges) to exceed your total credit 
limit. We may elect not to extend credit if you have exceeded your total credit limit or if the amount requested would cause 
you to exceed your total credit limit. If you exceed your total credit limit, you agree to pay us that excess amount 
immediately.  

Your available credit may not reflect your payments for up to 14 days. 

For Secured Card Accounts Only 

Your credit limit may be less than the amount deposited in your HSBC Bank Deposit Account which secures this Account. 
An increase in your credit limit may be requested at any time, but such increase may be conditioned, at our sole 
discretion, on additional deposits to your Deposit Account. Any such additional deposits or accumulated interest in your 
Deposit Account will likewise be subject to this Agreement. 

Credit Authorizations 

Some transactions may require our prior authorization and you may be asked by the merchant to provide identification. 
We may not be able to authorize a transaction, even if you have sufficient available credit. We may refuse to authorize 
any transactions at our sole discretion. We will not be liable to you if any of these events happen. We are not responsible 
for refusal or failure by any merchant to accept or honor your Card, or if a transaction cannot be completed for technical or 
other reasons. 

PAYMENT 

Promise to Pay 

You promise to pay according to the terms of this Agreement for all: (a) credit we extend on your Account; (b) Interest 
Charges, and other fees and charges; and (c) collection costs and attorneys' fees to the extent permitted by applicable 
law.  

If your Account is a joint Account, each joint Accountholder is jointly and individually responsible for all amounts due under 
this Agreement regardless of death, divorce, other legal proceedings or any agreement that may affect liability between 
you. If any joint Accountholder requests to not be liable for future transactions, we may close the Account. 

Payment 

Each periodic billing statement you receive from us will identify a Minimum Payment Due. The Minimum Payment Due 
calculation is disclosed on the Additional Disclosure Statement. 

Recurring Transactions 

If you authorize a third party to bill charges on a recurring basis to your Account, we may (but are not required to) provide 
such third party with your current Account status, Account number and/or expiration date to permit that party to continue 
billing your Account. We may take such steps even if your Account number changes or if we issue a renewal or 
replacement Card. To withdraw authorization for a recurring charge in such a case, you must notify the third party. If you 
default, if a Card is lost or stolen, or if we change your Account or Account number for any reason, we may refuse or 
suspend recurring charges; in such case you will be responsible for making arrangements to reinstate the recurring 
charge arrangement and/or for making other payment arrangements. 

Timing and Form of Payments 

You agree to pay at least the Minimum Payment Due in time to be credited to your Account as of the Payment Due Date. 
Instructions for making payments are on your billing statement. For a payment to be credited to your Account as of a 
particular day, we must receive your payment by the date and time and in the manner shown in those instructions. You 
may pay more than the Minimum Payment Due, and you may pay the entire New Balance at any time. 

All payments must be in U.S. dollars. Except for disputed payments, if you pay by mail the payment must be sent to the 
address shown on your billing statement. If you pay by negotiable instrument, such as a money order or check, it must be 
in a form that is acceptable to us and must be drawn on a U.S. financial institution. Any check, money order or other 
instrument tendered as an accord and satisfaction, or which includes a condition, restrictive endorsement or any 
statement to the effect that acceptance of such instrument shall constitute full or partial satisfaction of a disputed or 
undisputed debt (collectively, a “Condition”) must be sent to the inquiry address shown on your billing statement. You 
must note conspicuously on the face of the payment instrument that it is tendered for this purpose. We reserve the right to 
refuse to accept any payment that is subject to a Condition. If the payment does not comply with the foregoing and we 
process it, we will not be bound by the Condition.  

By sending us a check for payment on your Account, you authorize us to initiate an electronic funds transfer from your 
bank or other financial institution account according to the terms of the check. This means that your check will be 
converted to an electronic transaction and your original check will not be returned to you by your bank. Your original check 
will be destroyed. Your checking or other financial institution account may be debited the same day we receive your 
check. If you do not want your checks to be converted to an electronic funds transfer, please call customer service at the 
phone number on the back of your Card. When you use our optional payment by phone service, you authorize us to 
initiate an electronic funds transfer from your designated bank account or to process the payment as a check transaction. 
You must authorize the amount and timing of each payment. Please retain this authorization for your records.  

Skip Payment 

We may allow you, from time to time, to skip a monthly payment. We will notify you when this option is available. If you 
skip a payment, periodic Interest Charges will accrue on your balance in accordance with the Agreement. 

Application of Payments 

We apply the amount of your payment equal to the Minimum Payment Due at our discretion and generally to lower APR 
balances before higher APR balances. We apply any payment in excess of the Minimum Payment Due on your Account 
to higher APR balances before lower APR balances. 

INTEREST RATES AND FINANCE CHARGES 

Interest Rates 

The APRs on your Account are either fixed or variable rates as indicated on the Additional Disclosure Statement. The 
APR is divided by 365 and rounded to the next highest hundred thousandth of a percentage point to determine your Daily 
Periodic Rate. The Daily Periodic Rate is used to determine the amount of periodic Interest Charges. Variable rates are 
determined by adding a specified amount (“Spread”) to an Index (described below). 

Index For Variable Rate Accounts 

Monthly Index Information  

For each billing cycle, variable APRs are calculated by adding a specified amount (“Spread”) to the U.S. prime rate 
published in the Money Rates table of The Wall Street Journal  that is in effect on the last day of the month (“Prime Rate”). 
If the Prime Rate changes, the new APRs will take effect on the first day of your billing cycle beginning in the next month. 

An increase in the Prime Rate will increase your applicable Daily Periodic Rates which may increase the Interest Charge 
due on your Account and may increase the Minimum Payment Due. Each time any APR changes, we will apply it to any 
applicable balances. If a different Index is applicable to your Account, the Index will be disclosed on the Additional 
Disclosure Statement. 

Purchase APR 

The Spread (for variable rates), APR and corresponding  

Daily Periodic Rate are disclosed on the Additional  

Disclosure Statement. 

Balance Transfer APR 

The Spread (for variable rates), APR and corresponding Daily Periodic Rate are disclosed on the Additional Disclosure 
Statement. Balance transfers may not always be available. 

Cash APR 

The Spread (for variable rates), APR and corresponding  

Daily Periodic Rate are disclosed on the Additional  

Disclosure Statement. 

Penalty APR 

The Spread (for variable rates), APR and corresponding Daily Period Rate are disclosed on the Additional Disclosure 
Statement. 

Your APRs may increase to the Penalty APR if you fail to make a minimum payment to us when due.  

In determining whether to apply your Penalty APR, we may consider the following factors: how long your Account has 
been open, the existence, seriousness or timing of the defaults on your Account or any other account you have with us; 
other indications of your Account usage and performance; information about your other relationship(s) with us or any of 
our related companies; and information we obtain from consumer credit reports obtained from consumer reporting 
agencies. 

If your Account becomes subject to the Penalty APR, we will provide advance notice before the Penalty APR goes into 
effect. If you make the next six consecutive minimum payments once the Penalty APR goes into effect, your rates will 
return to the non-penalty APRs applicable to your Account. If you do not make these six consecutive minimum payments, 
we may keep the Penalty APR on your Account indefinitely. 

Promotional or Introductory APR 

At our discretion, we may offer you a Promotional or Introductory APR for any type of transaction. Any Promotional or 
Introductory APR offer will be subject to the terms of the offer and this Agreement. 

Additional APRs 

See Additional Disclosure Statement for any additional APRs that may be applicable to your Account. 

Interest and Finance Charges 

All Interest and Finance Charges will be added to the purchase balance, unless otherwise specified. 

Please see the Additional Disclosure Statement for applicability and amount of the following Interest and Finance 
Charges. 

Minimum Interest Charge. The Minimum Interest Charge is the minimum amount of interest that will be assessed in any 
billing cycle in which a periodic Interest Charge is payable.The Minimum Interest Charge will be allocated to each 
category of transactions containing balances subject to an Interest Charge. 

How Periodic Interest Charges are Calculated. Periodic Interest Charges are added to the Account when we apply the 
applicable APR to the balances on the billing statement. We do this by multiplying the Average Daily Balance for each 
type of transaction shown on your billing statement (for example, purchases, balance transfers, cash advances) by the 
applicable Daily Periodic Rate. We then multiply the result by the number of days in the billing cycle. Periodic Interest 
Charges will be calculated using the Daily Periodic Rate in effect on the billing statement closing date. 

How Average Daily Balance is Determined. To calculate the Daily Balances, we take the beginning balance for each type 
of transaction every day, add any new transactions, any previous day’s periodic Interest Charges, any Finance Charges, 
any fees and charges, and subtract any payments and/or credits and make any necessary adjustments. If a transaction 
posts after the beginning of a billing cycle, but the transaction occurred prior to the beginning of that billing cycle, the 
applicable Daily Balance and any related Interest Charge calculations may be adjusted to include the transaction amount 
as of the first day of the billing cycle in which the transaction posts. If your Account is subject to a grace period during the 
billing cycle, payments made during that cycle will be subtracted from all Daily Balances in the current cycle. If a 
transaction for a returned payment or a dispute resolved in our favor posts after the beginning of the billing cycle, the 
applicable Daily Balance(s) and any related Interest Charge calculations will be adjusted retroactively to include the 
transaction amount as of the date of the original payment or transaction. To calculate the Average Daily Balance, we add 
the Daily Balances for each day of the billing cycle and divide the total by the number of days in the billing cycle. 

How to Avoid Paying Interest on Purchases (Grace Period on Credit Card Purchases). Periodic Interest Charges begin to 
accrue on the date of the transaction and continue to accrue until your balance is paid in full. However, if you pay your 
entire New Balance by the Payment Due Date in the previous month, you can pay your current month's New Balance 
within at least 23 days (unless otherwise disclosed on the Additional Disclosure Statement) of the Statement Date without 
being charged interest on your purchases. 

Paying Interest on Other Transactions (No Grace Period on other transactions). There is no grace period for other 
transactions including cash advances, balance transfers and credit card checks, unless otherwise disclosed. Periodic 
Interest Charges begin to accrue on the date of the transaction, and continue to accrue until payment in full is credited to 
your Account. 

Changing Your Billing Cycle. Any request to change your billing cycle date is subject to our approval. You agree that 
changes based on your request may shorten any Grace Period you may have or increase the time period for which 
periodic Interest Charges may accrue. 

Balance Transfer Fee Finance Charges. Balance Transfers include balance transfers and credit card checks. A Balance 
Transfer Fee Finance Charge will be assessed on the amount of each balance transfer and credit card check as of the 
date the transaction posts to your Account and will be added to that transaction balance.  

Cash Advance Fee Finance Charges. Cash advances include all advances to get cash over the counter, through an ATM, 
or other “cash-like” transactions (such as purchasing a money order, traveler's check, casino betting chip, or a lottery 
ticket) as determined by us. A Cash Advance Fee Finance Charge will be assessed on the amount of each cash advance 
as of the date the transaction posts to your Account and will be added to the Cash balance.  

Foreign Transaction Fee Finance Charge. A Foreign Transaction Fee Finance Charge may be assessed on the U.S. 
dollar amount of transactions made in a foreign currency, as of the transaction date. The Foreign Transaction Fee 
assessed on purchases will be added to the purchase balance, and the Foreign Transaction Fee assessed on cash 
advances will be added to the cash balance. 

If you make a transaction in a foreign currency, the transaction will be converted by the Network, into a U.S. dollar amount 
in accordance with its operating regulations or conversion procedures in effect at the time the transaction is processed. 
Currently, Network regulations and procedures provide that the currency conversion rate to be used is either (1) a 
wholesale market rate, or (2) a government-mandated rate in effect on either (i) the applicable central processing date, or 
(ii) one day prior to the processing date. The currency conversion rate in effect on the processing date may differ from the 
rate in effect on the transaction or posting date. The Network may change the procedures, from time to time, at its own 
discretion. 

Overdraft Fee Finance Charges. (applicable only to HSBC credit card Accounts providing overdraft protection to 
designated HSBC Bank deposit accounts.) If you requested overdraft privileges, we will lend you from your available cash 

advance credit limit the amount needed to cover any overdraft due to insufficient funds on the designated HSBC Bank 
deposit account. We will transfer to the deposit account the amount of the overdraft rounded to the next full dollar. We 
may not make a transfer if you do not have sufficient unused credit available or are delinquent hereunder. In that case, the 
overdraft will be subject to the usual deposit account rules and fees. Under no circumstances, shall any such overdraft be 
allowed to exceed your available credit limit. You understand that we have the right to cancel this Account or your 
overdraft loan privileges at any time.  

We may add an Overdraft Fee Finance Charge to your Account if your Account is utilized to cover any overdraft on your 
designated deposit account. An Overdraft Fee Finance Charge will be computed on the amount of each overdraft 
transaction.  

See the Additional Disclosure Statement for any additional Interest and Finance Charges that may be applicable to your 
Account.  

If the imposition of any fee amount specified in your Additional Disclosure Statement would exceed limits established by 
applicable law, we reserve the right to impose the maximum allowable fee, without waiving our right to impose the full 
specified fee amount thereafter. 

ACCOUNT FEES AND OTHER CHARGES 

Please see the Additional Disclosure Statement for amounts of the following fees and other charges. All such fees and 
other charges will be added to the purchase balance, unless otherwise specified. If the imposition of any fee amount 
specified in your Additional Disclosure Statement would exceed limits established by applicable law, we reserve the right 
to impose the maximum allowable fee, without waiving our right to impose the full specified fee amount thereafter. 

Annual Fee/Periodic Membership Fee 

If your Account is subject to an Annual Fee or Periodic Membership Fee, you agree to pay this fee each year (or other 
periodic assessment if indicated on the Additional Disclosure Statement) your Account is open, or closed with a balance. 
You agree that this fee will be charged to your Account.  

If you close your Account within the first 90 days your Account is open, the Annual Fee/Periodic Membership Fee(s) are 
refundable so long as you have not used the Account. The Annual Fee/Periodic Membership Fee compensates HSBC 
Bank USA, N.A. in part, for Cardmember services provided or made available to you throughout the membership year. 

Late Payment Fee  

A Late Payment Fee may be assessed for each billing cycle in which at least the Minimum Payment Due, and any amount 
past due, is not paid in time to be credited to the Account by the Payment Due Date.  

Over the Credit Limit Fee 

If you choose over the credit limit coverage, an Over the Credit Limit Fee may be assessed if your Account balance 
exceeds the total credit limit at any time during a billing cycle. 

Returned Payment Fee 

A Returned Payment Fee may be assessed to the Account each time a payment check, automatic payment deduction, or 
other payment method is not honored or is returned unsatisfied by your bank or other financial institution. Any payment 
returned unsatisfied for any reason may be reposted to any type of transaction (i.e. cash advance, purchases, etc.) and 
Interest Charges may be reinstated back to the payment date at the APR being charged for that transaction.  

Payment By Phone Fee 

A Payment by Phone Fee may be assessed to the Account each time a payment is made by telephone, even if the 
payment is made by someone other than you. The amount of this fee will be disclosed at the time such payment is 
requested.  

Stop Payment Fee 

A Stop Payment Fee may be added to the cash advance balance when a payment of a credit card check is stopped at 
your request. Payment may be stopped on a credit card check by notifying us in writing or by calling us at the telephone 
number listed on the Account billing statement, so long as such check has not already been processed. A stop payment 
request must include the check number, payee, amount, and date of the credit card check on which payment is to be 
stopped. If a stop payment is requested by telephone, the call must be confirmed in writing within 14 days. A written stop 
payment will remain in effect for six months unless renewed in writing. Written stop payment requests should be sent to 
the address for inquiries shown on your billing statement.  

Research Fee 

A Research Fee may be assessed to the Account for each copy of a requested document. The amount of this fee will be 
disclosed at the time such copies are requested.  

Additional Fees 

See the Additional Disclosure Statement for any other fees that may be applicable to your Account. 

Account renewal, Closure and termination 

Card Renewal 

Cards are issued with an expiration date. We have the right not to renew your Card for any reason. 

Closing Your Account 

You can close your Account by notifying us in writing or by telephone. Your Account balance will continue to accrue 
Interest Charges and other charges and fees and your Account will remain subject to all the terms and conditions of this 
Agreement. We will not honor any credit card check written on your Account or authorize any transactions after your 
Account is closed and you must destroy your Card(s) and any unused credit card checks. Send your written request to 
close your Account to the inquiry address shown on your billing statement or you may call us at the telephone number 
listed on your billing statement. 

Account Closure 

We may close your Account, suspend your credit privileges, or reduce your credit limit at any time and for any reason, 
subject to the requirements of applicable law. In any of these events, your Account balance will continue to accrue Interest 
Charges and other charges and fees and will remain subject to all the terms and conditions of this Agreement. If we close 
your Account, you agree to destroy your Card(s) and any unused credit card checks. If your Account has been closed, or 
your credit privileges are suspended, you may not use your Card or credit card checks. 

Default  

You will be in default under this Agreement if: (a) you fail to make at least the Minimum Payment Due in time to be 
credited to your Account as of the Payment Due Date; (b) you violate any other provision of this Agreement; (c) you 
become deceased; (d) you become subject to bankruptcy or insolvency proceedings; (e) you supply us with misleading, 
false, incomplete or incorrect information; (f) we receive information from third parties, including consumer reporting 
agencies, which indicate a serious delinquency or charge-off with other creditors; (g) you fail to provide us a physical 
address; (h) you exceed your credit limit; (i) your payment is returned unsatisfied by your bank or other financial institution 
for any reason; or (j) any credit card check is returned unpaid by us. Upon default, we have the right to close your 
Account, to terminate or suspend your credit privileges under this Agreement, to change the terms of your Account and 
this Agreement, and to sue you for what you owe. If you do not pay us, your Account balance will continue to accrue 
Interest Charges and other charges and fees until paid in full and will remain subject to all the terms and conditions of this 
Agreement. If we sue you, or if we hire a third party to collect your Account balance, you will pay our court costs, 
reasonable attorneys' fees and other collection costs related to the default to the extent permitted by law in the state in 
which you reside, and we will apply your payments first to attorneys' fees and other costs and then to principal and unpaid 
Interest Charges. 

Security Interest 

If you have not completed a Secured Credit Card Deposit Account Agreement for your Account, we are extending you an 
unsecured line of credit.  

If you have completed an application and a Secured Credit Card Deposit Account Agreement for a secured account, the 
terms and conditions contained within this paragraph apply to your Account. As Security for your performance under this 
Agreement, including but not limited to the repayment of all credit extended under this Account and any replacement 
secured credit card account, you assign, pledge, and grant to us a first priority security interest in all money now and 
hereafter in the deposit account (“Deposit Account”) with HSBC Bank USA, N.A.. You authorize us to restrict withdrawals 
from your Deposit Account until such time as this Account is closed and all your indebtedness is fully satisfied or until this 
Account is otherwise modified by us. If you exceed your credit limit, or otherwise default under the terms of this 
Agreement, or if this Agreement is cancelled by you or us for any reason, we may at any time thereafter and without 
advance notice to you, apply all or part of your Deposit Account to the payment and satisfaction of any and all amounts 
owed under this Account and any replacement secured credit card account. In addition, we may use any other remedies 
permitted or otherwise available to us. If the amount in your Deposit Account is not sufficient to retire all obligations 
incurred related to your Account, you agree to pay the amount owed to us immediately. 

Credit card Fraud 

Lost or Stolen Credit Card or Account Checks 

You agree to notify us immediately if your Card or credit card checks are lost or stolen or your Account number is 
compromised. You may notify us by calling us at the phone number listed on your billing statement. 

Liability for Unauthorized Use 

You should retain copies of all charge slips until you receive your billing statement, at which time you should verify that the 
charges are true and the amounts unaltered. You may be liable for the unauthorized use of your Card. You will not be 
liable for unauthorized use that occurs after you notify us of the loss, theft or possible unauthorized use. Notification must 
be given either by writing us immediately upon learning of the loss, theft or possible unauthorized use or calling us 
immediately at the telephone number listed on your billing statement. You will not be liable for any unauthorized use of 
your Account when you notify us immediately by phone or in writing. In any case, your liability for unauthorized use of your 
Card will not exceed $0. To notify us of unauthorized use of your Card, you may call or write to us at the telephone 
number or inquiries address shown on your billing statement. 

Personal information 

Change of Name, Address, Telephone Numberor Employment 

You agree to give us prompt notice of any change in your name, mailing address, telephone number or place of 
employment. 

Updated Financial and Other Information 

Upon request, you agree to promptly give us accurate financial and other information about yourself. 

Credit Reporting 

If you fail to fulfill the terms of your credit obligation, a negative report reflecting on your credit record may be submitted to 
consumer reporting agencies. If any specific information related to your Account transactions or credit experience with us 
is inaccurate, you may notify us to correct the inaccurate information (after confirmation of the alleged error) reported to 
any consumer reporting agency by writing to us at P.O. Box 98706, Las Vegas, NV 89193. 

Certain Privacy Practices 

You agree that from time to time we may receive credit information concerning you from others, such as stores, other 
lenders, and credit reporting agencies, and that we may use this information to amend, cancel or suspend your credit 
privileges under this Agreement even if you are not in default with us. You agree that the Department of Motor Vehicles 
may release your residence address to us, should it become necessary to locate you. You agree that our supervisory 
personnel may listen and record telephone calls between you and our representatives in order to evaluate the quality of 
our service to you and to other cardmembers. For additional information regarding our privacy practices, please refer to 
our Privacy Statement.  

ADDITIONAL TERMS 

Change of Terms (Including Interest Charges)  

WE MAY CHANGE OR TERMINATE ALL OR ANY PART OF THIS AGREEMENT OR ADD NEW TERMS AT ANY TIME, 
INCLUDING WITHOUT LIMITATION ADDING OR INCREASING FEES, INCREASING YOUR PERIODIC PAYMENT, 
INCREASING THE RATE OR AMOUNT OF INTEREST and FINANCE CHARGES, OR CHANGING THE METHOD OF 
COMPUTING THE BALANCE UPON WHICH INTEREST CHARGES ARE ASSESSED. REASONS FOR A CHANGE 
MAY INCLUDE, BUT ARE NOT LIMITED TO, ANY CHANGE IN YOUR CREDIT HISTORY, CREDIT OBLIGATIONS, 
ACCOUNT PERFORMANCE, USE OF YOUR CREDIT LINES OR OUR FINANCIAL RETURN. THESE RATE CHANGE 
PROVISIONS DO NOT APPLY TO ROUTINE VARIABLE RATE ACCOUNT ADJUSTMENTS WHICH ARE SET FORTH 
IN THIS AGREEMENT. ANY CHANGES WILL BE IN ACCORDANCE WITH THIS AGREEMENT AND APPLICABLE 
LAW. NOTICE OF ANY CHANGE WILL BE PROVIDED TO YOU AS REQUIRED BY APPLICABLE LAW WHICH MAY 
INCLUDE THE RIGHT TO OPT OUT OF CERTAIN CHANGES. UNLESS OTHERWISE STATED, CHANGES APPLY TO 
BOTH NEW AND OUTSTANDING BALANCES.  

Other information 

Assignment of Account 

We may sell, assign or transfer your Agreement and Account or any portion thereof without notice to you. You may not 
sell, assign or transfer your Account. If we sell, assign, or transfer your Account, the purchaser, assignee, or transferee 
shall have the same rights as we do under this Agreement.  

Waiver 

We may choose to delay enforcing or waive any of our rights under this Agreement in certain situations. We can delay 
enforcing or waive any of our rights without affecting our other rights. If we delay or waive a right, we do not thereby delay 
or waive the same right in other situations. 

Severability 

If any provision of this Agreement is finally determined to be void or unenforceable under any law, rule or regulation, all 
other provisions of this Agreement will remain valid and enforceable. 

Applicable Law 

This Agreement and your Account will be governed by federal law and, to the extent state law is applicable, the laws of 
the state of Virginia, whether or not you live in Virginia and whether or not your Account is used outside Virginia. This 
Agreement is entered into in Virginia, your Account is maintained in Virginia, and all credit under this Agreement will be 
extended from Virginia.  

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. 

What To Do If You Find A Mistake On  

Your Statement 

If you think there is an error on your statement, write to us at: HSBC Bank USA, N.A. 

PO Box 5253, Carol Stream, IL 60197-5253 or at the address shown on your billing 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. Within 30 days of receiving your letter, we must tell you that we received your letter. 

We will also tell you if we have already corrected the error. 

2. Within 90 days of receiving your letter, we must either correct the error or explain. 

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. After we finish our investigation, one of two things will 
happen: 

• If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that 
amount. 

• 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. 
We must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know 
when the matter has been settled between us. 

If we do not follow all of the rules above, you do not 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 not to pay the remaining amount due on the 
purchase. 

To use this right, all of the following must be true: 

1. The purchase must have been made in your home State or within 100 miles of your current mailing address, and the 
purchase price must have been more than $50. (Note: Neither of these are necessary if your purchase was based on an 
advertisement we mailed to you, or if we own the company that sold you the goods 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: 

HSBC Bank USA, N.A.   

PO Box 5253, Carol Stream, IL 60197-5253 or at the address shown on your billing statement. 

While we investigate, the same rules apply to the disputed amount as discussed above. After we finish our investigation, 
we will tell you our decision. At that point, if we think you owe an amount and you do not pay, we may report you as 
delinquent. 

HSBC credit cards are issued by HSBC Bank USA, N.A. and service by its affiliate HSBC Card Services Inc.  

Eesh K. Bansal 

SVP, Head of Asset Businesses 

© 2010 HSBC Bank USA, N.A.  All Rights Reserved. 

November 1, 2010 

MasterCard is a registered trademark of MasterCard International Incorporated. Visa is registered trademark of Visa 
International Service Association 

Discover® Network and the Discover Network Acceptance Mark are used by HSBC under license from Discover Financial 
Services. 

AG3105 (11/10) CI 

ADDITIONAL DISCLOSURE STATEMENT 

Minimum Payment Due 
Your Minimum Payment Due each month will be calculated as follows: 
(a) If your New Balance is not more than $25, your Minimum Payment is the New Balance. 
(b) If your New Balance is more than $25, your Minimum Payment is the greater of: 

(i) 1% of the New Balance shown on your statement plus the following: 

· any periodic Interest Charges posted to your Account during the billing cycle, and 
• any Late Payment Fee posted to your Account during the billing cycle, and 
• any Over the Credit Limit Fee posted to your Account during the billing cycle, and 
· an amount equal to 1/12 of the Annual Fee, if applicable, or 

(ii) $25 

(c) Any Past Due Amount shown on your statement will be added to the Minimum Payment. 

Your Minimum Payment Due will be rounded up to the nearest dollar, unless doing so will cause the resulting value to 
exceed the New Balance. 

INTEREST RATES AND FINANCE CHARGES 

Annual Percentage Rates (“APR”) and Daily Periodic Rates (“DPR”) as of 9/30/11Purchase APR:     

Applies to credit card purchases 
9.99% – 19.99% APR (corresponding 0.02737% – 0.05477% DPR) 

 
 
 
 
 
 
 
 
 
 
 
 
 
This APR will vary with the market based on the Prime Rate. 
Spread  
6.74% – 16.74% 

Balance Transfer APR:  
Applies to balance transfers and credit card checks, if available 
9.99% – 19.99% APR (corresponding 0.02737% – 0.05477% DPR) 
This APR will vary with the market based on the Prime Rate. 
Spread  
6.74% – 16.74% 

Cash APR:  
Applies to cash advances. 
21.99%% APR (corresponding 0.06025% DPR) 
This APR will vary with the market based on the Prime Rate. 
Spread  
18.74% 

Penalty APR 
27.24% APR (corresponding 0.07463% DPR) 
This APR will vary with the market based on the Prime Rate. 
Spread  
23.99% 

Minimum Interest Charge:  $1.00  

Grace Period on Credit Card Purchases: You have at least 23 days from the date of the periodic statement to avoid an 
Interest Charge on new credit card purchases, provided you paid your previous balance in full. 

Balance Transfer Fee Finance Charge:  Either $5 - $10 or 3% - 4% of the amount of each transfer, whichever is greater, 
unless otherwise disclosed. 

Cash Advance Fee Finance Charge: Either $10 or 3% - 4% of each cash advance, whichever is greater.  

Foreign Transaction Fee Finance Charge: 3% of the U.S. dollar amount on transactions made in a foreign currency, as 
of the transaction date. 

Overdraft Fee Finance Charge:   Either $5 or 3% of the overdraft amount, whichever is greater, if applicable. 

ACCOUNT FEES AND OTHER CHARGES 

Annual Fee/Periodic Membership Fee – $0 

Late Payment Fee  

If your Outstanding Balance on your payment Due Date is up to and including $250.00 the Late Payment Fee is $19 the 
first time your payment is late; and, if another payment is late during the next 6 billing cycles the Late Payment Fee is $19. 

If your Outstanding Balance on your payment Due Date is more than $250.00 the Late Payment Fee is $25 the first time 
your payment is late; and, if another payment is late during the next 6 billing cycles the Late Payment Fee is $35.  

In no event will your Late Payment Fee exceed the amount of your Minimum  
Payment Due. 

Over the Credit Limit Fee -$25. In no event will your Over the Credit Limit Fee exceed the amount you are over your 
credit limit when the fee is assessed  

Returned Payment Fee - $25. In no event will your Returned Payment Fee exceed the amount of your Minimum Payment 
Due. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stop Payment Fee - $29 

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INTEREST RATES AND FINANCE CHARGES 

Interest Rates 
The APR is divided by 365 and rounded to the next highest hundred 
thousandth of a percentage point to determine your Daily Periodic Rate. The Daily Periodic Rate is used to determine the 
amount of periodic Interest Charges. Variable rates are determined by adding a Periodic Rate. The Daily Periodic Rate is 
used to determine the amount of periodic Interest Charges. Variable rates are determined by adding a specified amount 
(“Spread”) to an 
Index (described below). 

Index for Variable Rate Accounts 
For each billing cycle, variable APRs are calculated by adding a specified amount (“Spread”) to the U.S. prime rate 
published in the Money Rates table of The Wall Street Journal that is in effect 
on the last day of the month (“Prime Rate”). If the Prime Rate changes, the new APRs will take effect on the first day of 
your billing cycle beginning in the next month.  An increase in the Prime Rate will increase your applicable Daily Periodic 
Rates which may increase the Interest Charge 
due on your Account and may increase the Minimum Payment Due. Each time any APR changes, we will apply it to any 
applicable balances.  

Specific Rates and Fees may be determined based on your creditworthiness. 

Purchase APR 
Prime plus 6.74% - 16.74% 

Balance Transfer APR 
Prime plus 6.74% – 16.74%, if available 

Cash APR 
Prime plus 18.74% 

Penalty APR 
Prime plus 23.99% 

Penalty APR: Your APRs may increase to the Penalty APR if you fail to make a minimum payment to us when due.  

In determining whether to apply your Penalty APR, we may consider the following factors: how long your Account has 
been open, the existence, seriousness or timing of the defaults on your Account or any other account you have with us; 
other indications of your Account usage and performance; information about your other relationship(s) with us or any of 
our related companies; and information we obtain from consumer credit reports obtained from consumer reporting 
agencies. 

If your Account becomes subject to the Penalty APR, we will provide advance notice before the Penalty APR goes into 
effect. If you make the next six consecutive minimum payments once 
the Penalty APR goes into effect, your rates will return to the non-penalty APRs applicable to your Account. If you do not 
make these six consecutive minimum payments, we may keep the Penalty APR on your Account indefinitely. 

Interest and Finance Charges 
Minimum Interest Charge:  A Minimum Interest Charge of $1.00 will be assessed in any billing cycle in which a periodic 
Interest Charge is payable. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Paying Interest:   Your due date is at least 23 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 
each month. We will begin charging interest on cash advances and balance transfers on the transaction date. 

Balance Transfer Fee:  Either $5 - $10 or 3% - 4% of the amount of each transfer, whichever is greater, unless otherwise 
disclosed. 

Cash Advance Fee:  Either $10 or 3% - 4% of each cash advance, whichever is greater.  

Foreign Transaction Fee:  3% of the U.S. dollar amount on transactions made in a foreign currency, as of the 
transaction date. 

Overdraft Fee: Either $5 or 3% of the overdraft amount, whichever is greater. 

ACCOUNT FEES AND OTHER CHARGES 

Annual Fee:  $0 

Late Payment Fee:   

If your Outstanding Balance on your payment Due Date is up to and including $250.00 the Late Payment Fee is $19 the 
first time your payment is late; and, if another payment is late during the next 6 billing cycles the Late Payment Fee is $19. 

If your Outstanding Balance on your payment Due Date is more than $250.00 the Late Payment Fee is $25 the first time 
your payment is late; and, if another payment is late during the next 6 billing cycles the Late Payment Fee is $35. 

In no event will your Late Payment Fee exceed the amount of your Minimum Payment Due. 

Over the Credit Limit Fee:  $25. In no event will your Over the Credit Limit Fee exceed the amount you are over your 
credit limit when the fee is assessed. 

Returned Payment Fee:  $25. In no event will your Returned Payment Fee exceed the amount of your Minimum 
Payment Due. 

Required insurance, debt cancellation or debt suspension coverage:  None 

How Average Daily Balance is Determined: To calculate the Daily Balances, we take the beginning balance for each 
type of transaction every day, add any new transactions, any previous day’s periodic Interest Charges, any Finance 
Charges, any fees and charges, and subtract any 
payments and/or credits and make any necessary adjustments. To calculate the Average Daily Balance, we add the Daily 
Balances for each day of the billing cycle and divide the total by the number of days in the billing cycle. 

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