FR833282333 AMAZON STORE CARD CREDIT BUILDER
T&C SECURED PDF WF1673808B
12/19

SYNCHRONY BANK 
SECTION I: RATES AND FEES TABLE
AMAZON STORE CARD CREDIT BUILDER ACCOUNT AGREEMENT
PRICING INFORMATION

Interest Rates and Interest Charges

Annual Percentage Rate 
(APR) for Purchases

The APR for purchases is the prime rate plus 22.74%.

      This APR will vary with the market based on the Prime Rate.

How to Avoid 
Paying Interest

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.

Minimum Interest Charge

If you are charged interest, the charge will be no less than $1.50.

Fees

Penalty Fees

• Late Payment

Up to $38.

How We Will Calculate Your Balance: We use a method called “daily balance.” See your credit card account agreement 
below for more details.

SECTION II: RATES, FEES AND PAYMENT INFORMATION 
 AMAZON STORE CARD CREDIT BUILDER ACCOUNT AGREEMENT

How Interest is Calculated

Your Interest Rate

The APR for purchases is the prime rate plus 22.74%. We use a daily rate to calculate the interest on the balance 
on your account each day. The daily rate for purchases is the APR times 1/365. As of November 1, 2019, the daily 
rate for purchases was .07532% (APR 27.49%). Interest will be imposed in amounts or at rates not in excess of 
those permitted by applicable law.

Daily Rates May Vary. The APR and the daily rate 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 rate and APR 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. 

When We Charge Interest 

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.

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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 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; and 

(b) debt cancellation fees are added proportionately to each balance.

  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 $1.50 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 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. $38, 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.

How Fees Work 

Late Payment Fee

Minimum Payment Calculation

Your total minimum payment is calculated as follows.

The greater of:

1.  $27, or $38 (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 an Equal Payment Offer); PLUS

c. Any payment due in connection with an Equal Payment Offer; PLUS

d. Any late payment fees charged in the current billing cycle; PLUS

e. All interest charged in the current billing cycle.

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 an Equal Payment Offer will not be increased to, but may be included in, the $27 or $38 minimum amount otherwise due.

Special Promotional Financing Offer Information

At times, we may offer you special financing promotions for certain transactions (“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. Below is a description of certain special promotions that may be offered: 

•  No Interest if Paid in Full Within 6 Months

•  No Interest if Paid in Full Within 12 Months

For  each  promotion,  if  the  promotional  balance  is  not  paid  in  full  within  the  promotional 
period, interest will be imposed from the date of purchase at the variable Purchase APR that 
applies to your account when the promotional purchase is made.

At the time your account is opened, the variable Purchase APR is 27.49%. 

•  No Interest if Paid in Full Within 24 Months

Your Purchase APR will vary with the market based on the prime rate.

When you make a qualifying purchase under one of these promotions, no interest will be assessed on the purchase if you pay the following (the “promotional 
balance”) in full within the applicable promotional period: (1) the promotional purchase amount, and (2) any related optional credit insurance/debt cancellation 
charges.  If  you  do  not,  interest  will  be  assessed  on  the  promotional  balance  from  the  date  of  the  purchase.  Minimum  monthly  payments  are  required. 
Regular account terms apply to non-promotional purchases and, after promotion ends, to promotional purchases. Offers are subject to credit approval. These 
promotional offers may not be available at all times for all purchases. Please see any special promotion advertising or other disclosures provided to you for the 
full terms of any special promotion offered.

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SECTION III: STANDARD PROVISIONS  
AMAZON STORE CARD CREDIT BUILDER 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 five 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 at 
Amazon.com, Amazon Books and other Amazon owned or affiliated locations that accept the card and for purchases from other merchants who have 
enabled the Amazon Store Card Credit Builder as a payment option using Pay with Amazon.

You 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. 

Purchase Limits. To prevent fraud, we may limit the number or dollar amount of purchases 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 equal to the amount of funds you deposit in the security deposit account as described in Section V of this 
Agreement, and that amount will be at least $100 and no more than the credit amount for which you are approved. If we inform you that Section V of this 
Agreement no longer applies to your account, then you will be assigned a credit limit that we may increase or decrease from time to time. If we approve a 
purchase that makes you go over your credit limit, we do not give up any rights under this Agreement and we do not treat it as an increase in your credit 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 Amazon.com information about yourself that we could share 
with each other. Amazon.com 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, fraud, 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. Text frequency may vary and may be recurring. 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. Message and data rates may vary. We and any carrier are not liable for delayed or undelivered messages. If you have questions, please call the 
number on the back of your card.

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.

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Credit Bureau Reporting. We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your 
account may be shown in your credit report. Tell us if you think we reported wrong information about you to a credit bureau. Write to us at P.O. Box 965015,  
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. 

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 that follows Section V 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 1-855-597-4891. 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.

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 us, our affiliates, agents and/or Amazon.com 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), 120 Broadway, Floor 21, New York, NY 10271, 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.

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• 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 
AMAZON STORE CARD CREDIT BUILDER ACCOUNT AGREEMENT
This section of the agreement includes state notices and is not required to be provided as part of the credit card agreement posted online or provided to 
the CFPB.

SECTION V: SECURITY AGREEMENT 
AMAZON STORE CARD CREDIT BUILDER ACCOUNT AGREEMENT

Definitions.

• “account” means your Amazon Store Card Credit Builder Credit Card Account

• “Agreement” includes the five sections of this document and the application you submitted in connection with the account

• “security deposit account” means your deposit account maintained as security for the account

This Security Agreement. This is the Security Agreement for your account. You must maintain a deposit account as security for this credit card account and 
shall grant us a security interest in this deposit account.

Security Deposit Account. No interest will be paid on your security deposit account so your security deposit account will have an annual percentage yield of 
0.00%. You must deposit an amount equal to the credit limit of your account in order for your security deposit account to be opened. We will provide you with 
instructions and requirements for funding your security deposit account (such as the types of checks that will be accepted for deposit and the amount that you 
must deposit) if your application for an account is approved and you must follow those instructions and fulfill those requirements when funding your security 
deposit account. Other than the initial deposit of funds into your security deposit account, you may not make any deposits into or withdrawals from your security 
deposit account. You will not receive a periodic statement for your security deposit account. You acknowledge that subject to our possession of and security 
interest described below in your security deposit account, you retain beneficial ownership of your security deposit account for FDIC insurance purposes.

Grant of Security Interest. You hereby grant to Synchrony Bank a security interest in all of your right, title and interest in your security deposit account, the 
funds in your security deposit account, and any proceeds of your security deposit account to secure the prompt payment and performance of your obligations 
in this Agreement and understand and agree that your security deposit account will be under our exclusive control. You represent that there are no lawsuits, 
liens or bankruptcy proceedings that might affect our interest in your security deposit account or the funds deposited into your security deposit account, and 
that the funds are unencumbered, as of the date that you deposit funds into your security deposit account. You have not and will not attempt to transfer or offer 
any right, title or interest in your security deposit account or the funds to any person other than us.

Application of Security Deposit Account Funds. If you are in default under any provisions of this Agreement or if your account is closed for any reason, or 
upon your death, we may request payment of all or a portion of the full balance of your account and you authorize us at any time(s) to withdraw all or any portion 
of the funds in your security deposit account and apply them as a credit (not as a payment) to reduce any amounts due on your account without sending you 
notice or demand for payment. We may do this in addition to any other rights we have under the law or this Agreement. If there is any such application of funds, 
you will continue to be responsible for making all payments as required, including, without limitation, any amounts due that are not satisfied by the application 
of the funds in your security deposit account.

Return of Security Deposit Account Funds. If we determine that you qualify for return of any funds from your security deposit account, we will return these 
funds to you by any method we deem sufficient, including by first crediting the funds to your account. If your account is closed by you or by us, we will return 
any excess funds in your security deposit account after repayment of all amounts due on the account. If we mail a check to you, we will mail it to your mailing 
address on file with us. In the event of your death, we will not release funds held in your security deposit account unless all amounts due on your account have 
been repaid and all legal documents we require are delivered to us.

Legal Proceedings. If a levy, garnishment, attachment or other court order against you or your security deposit account is received by Synchrony Bank, we 
may deem your account immediately due and payable and apply the funds in your security deposit account to payment of any balance due on your account. 
We may also restrict your security deposit account until the legal action or obligation is satisfied or dismissed and/or, subject to our security interest, transfer 
funds from your security deposit account as we may be directed in the levy, garnishment, attachment or other court order. You will be responsible for any and all 
losses, costs, or expenses that we may incur as a result of any levy, garnishment, attachment or other court order involving you or your security deposit account. 
In addition to the events of default otherwise set forth in this Agreement, you will be in default if we are served or become involved with a levy, garnishment, 
attachment or other court order regarding you or your security deposit account.

Assignment. We may sell, assign, or transfer any or all of our rights or duties under your security deposit account, including our rights to payments, without 
prior notice to you. You may not sell, pledge, assign, or transfer any of your rights or duties under your security deposit account.

This section of the agreement includes 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 AMAZON STORE CARD CREDIT BUILDER
T&C SECURED PDF WF1673808B
12/19

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