Important Disclosures

These are effective as of April 1, 2019. Subject to change. Contact us at 800.854.7642 
or by mail at P.O. Box 723847 Atlanta, GA 31139­0847 with any questions you may have.

Interest Rates and Interest Charges

Annual Percentage Rate
(APR) for Purchases

10.99% ­ 21.99%  Based on your creditworthiness, when you open your account. 
This APR will vary with the market based on the Prime Rate.

APR for Balance Transfers

4.99% introductory APR for 6 billing cycles. 
After that, your APR will be 10.99% ­ 21.99%   Based on your creditworthiness, when you open your account.  
This APR will vary with the market based on the Prime Rate.

APR for Cash Advances

15.99% ­ 24.99%   Based on your creditworthiness, when you open your account.   
This APR will vary with the market based on the Prime Rate.

Penalty APR and
When it Applies

Paying Interest

25.99%. This APR will vary with the market based on the Prime Rate. This APR may be applied to your account if you:

(1) Make a late payment
(2) Make a payment that is returned 
(3) Do any of the above on any other account held with us

How Long Will the Penalty APR Apply? If your APRs are increased for any of these reasons, we may keep them at this 
higher level indefinitely or until we receive six (6) consecutive payments by the required due date.

Your payment due date is at least 25 days after the close of each billing period.
We will not charge you periodic interest on new purchases, or any portion of a new purchase, paid by the due date on 
your current billing statement if your entire balance on your previous billing statement is paid in full by the due date 
on that statement. There is no time period in which to avoid periodic interest on cash advances or balance 
transfers.

Minimum Interest Charge

The minimum charge for interest will be no less than $1.00 or such minimum determined by the State in which you 
are a resident at the time of application.

For Credit Card Tips from the 
Consumer Financial Protection 
Bureau

Fees

Annual Fee 

Rewards Membership Fee 

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(cid:3)(cid:75)(cid:87)(cid:87)(cid:83)s(cid:29)(cid:18)(cid:18)(cid:90)(cid:90)(cid:90)(cid:17)(cid:70)(cid:82)(cid:81)(cid:86)(cid:88)(cid:80)(cid:72)(cid:85)(cid:73)(cid:76)(cid:81)(cid:68)(cid:81)(cid:70)(cid:72)(cid:17)(cid:74)(cid:82)(cid:89)(cid:18)(cid:79)(cid:72)(cid:68)(cid:85)(cid:81)(cid:80)(cid:82)(cid:85)(cid:72)

None

None

Transaction Fees: 

Balance Transfer 

Either (cid:7)(cid:20)(cid:19)(cid:17)(cid:19)(cid:19)(cid:3)or (cid:23)(cid:17)(cid:19)(cid:8) of the amount of each transfer, whichever is greater.

Cash Advance 

Either (cid:7)(cid:20)(cid:19)(cid:17)(cid:19)(cid:19) or (cid:24)(cid:17)(cid:19)(cid:8) of the amount advanced, whichever is greater.

Foreign Transaction 

(cid:22)(cid:17)(cid:19)(cid:8)(cid:3)of the US dollar amount of the transactions originating in a foreign country.

Penalty Fees: 

Late Fee 

Up to (cid:7)(cid:22)(cid:24)(cid:17)(cid:19)(cid:19)

Over the Credit Limit 

None

Return Check Charge

(cid:7)(cid:21)(cid:24)(cid:17)(cid:19)(cid:19) per item

How We Will Calculate Your Balance: The method used to calculate your balance is called “average daily balance (including new purchases).” See cardholder agreement for more details.

Variable Rate Information: Your APRs will vary with the market based on the Prime Rate. The Prime Rate is the highest FI prime loan rate as published by the Wall Street Journal in its Money Rates Section on 
the 14th day (or the next business day if the 14th is not a business day) of the calendar month preceding the first day of the billing period. If the Periodic Rate(s) and corresponding Annual Percentage Rate(s) 
increase, your interest charges will increase and your minimum payment may be greater. 

Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in the Cardholder Agreement that will be provided to you before you can begin using your new 
card.

  
CONSUMER PLATINUM 

 Terms and Conditions

IMPORTANT INFORMATION  ABOUT PROCEDURES FOR OPENING A NEW 
ACCOUNT:  To help the government fight the funding of terrorism  and money 
laundering activities, Federal law requires all financial institutions to obtain, verify, 
and record information that identifies each person who opens an account. What 
this means for you: When you open an account, we will ask for your name, address, 
date of birth, and other information that will allow us to identify you. We may also 
ask to see your driver’s license or other identifying documents.

CARDHOLDER AGREEMENT:  You agree to be bound by the terms of the 
Cardholder Agreement, which will be sent with the card. You also agree that the 
Cardholder Agreement and the account are governed by Arkansas and Federal law. 
The terms of your account, including rates and fees, are subject to change to the 
extent permitted by law.

ARBITRATION AGREEMENT: (Agreement to Arbitrate) Arbitration is a method 
of deciding disputes outside the court system. Your Cardholder Agreement will 
include an Arbitration Provision (the “Provision”), which governs when and how any 
disputes you and we may have will be arbitrated instead of decided in court.

INFORMATION SHARING: First Arkansas Bank and Trust’s Privacy Policy is 
available online at www.24-7cardaccess.com

STATE LAW NOTICES
Finance charges not in excess of those permitted by law will be charged on 
outstanding balances from month to month. You may at any time pay all or  
part of your unpaid balance.

CALIFORNIA RESIDENTS: Applicant, if married, may apply for a separate account.

DELAWARE and MARYLAND RESIDENTS: Finance charges will be imposed in 
amounts or at rates not in excess of those permitted by law on the outstanding 
balances from month to month.

MARYLAND RESIDENTS: You have the right under Section 12-510 of the 
Commercial Law Code to receive an answer to a written inquiry concerning the 
status of your account. 

NEW JERSEY RESIDENTS: Because certain provisions of this Agreement are 
subject to applicable law, they may be void, unenforceable or inapplicable 
in New Jersey.

NEW YORK RESIDENTS: Call the New York State Banking Department at (880) 
518-8866 for a comparative list of credit card rates, fees and grace periods.

OHIO RESIDENTS: Ohio laws against discrimination require that all creditors make 
credit equally available to all credit worthy customers, and that credit reporting 
agencies maintain separate credit histories on each individual upon request. The 
Ohio civil rights commission administers compliance with this law.

WISCONSIN RESIDENTS: We will not charge you attorneys’ fees, court costs or 
other collections costs incurred as a result of your default.

MARRIED WISCONSIN RESIDENTS:  No provisions of any marital property 
agreement, unilateral statement under section 766.59 or court decree under 
section 66.70 will adversely affect the interest of the creditor unless the creditor, 
prior to the time credit is granted, is furnished a copy of the agreement, statement, 
or decree or has actual knowledge of the adverse position when the obligation 
to the creditor is incurred. We are required to ask you to provide the name and 
address of your spouse.

AUTO-PAYMENT (ACH) AUTHORIZATION
You authorize us, or our servicer, to initiate Automated Clearing House (“ACH”) 
debit entries to the Financial Institution account(s) that you identify on this form 
(“Financial Institution Account”) on each monthly payment due date, to pay the 
amount you select (but not exceeding the then current balance of your account), 
and to re-initiate a debit entry after notification that a debit entry has been 
dishonored, (in accordance to NACHA rules).

You have the right to receive notice of all electronic fund transfers from your 
Financial Institution Account that vary in amount, and by signing the ACH 
Authorization, you agree that your monthly billing statement will serve as your 
notice of the amount of your monthly payment.

YOU ARE NOT REQUIRED TO AGREE TO THIS ACH AUTHORIZATION  IN
ORDER TO OBTAIN AN EXTENSION OF CREDIT FROM US. Automatic payment 
is offered for your convenience.  You may make additional payments by any 
accepted means, but any such payments will have no effect on the initiation of 
payments under this authorization. You acknowledge that you are voluntarily 
choosing to pay electronically. You understand and acknowledge that you may 
terminate the ACH Authorization by notifying us at Card Assets, P.O. Box 723847 
Atlanta, GA 31139-0847 in such time and manner as to afford us and your 
Financial Institution a reasonable opportunity to act on it. You also authorize us 
to verify all of the information that you have provided to us, as well as certain 
past and/or current information. If there is any missing or erroneous information 
in or with the information that you have provided to us regarding your Financial 
Institution, Financial Institution routing and transit number, or Financial Institution 
Account number, then you authorize us to verify and correct such information.

If you or we terminate automatic payments, then you will be responsible for paying 
all amounts that you owe us by other acceptable means. 

Recycled     CA­1A 
30% PCW   2019­04­01

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