Republic Bank & Trust Company - Cardholder Account Agreement

The following terms and conditions govern the use of your MASTERCARD® Personal Secured Card
Account (“Account”) and any Card or other Access Device (“Access Device”) issued by Republic Bank
& Trust Company (“Issuer”).
1. RESPONSIBILITY. By signing or permitting others to sign the Card or credit application, or by using
or permitting others to use the Access Device or Account number, Customer named therein accepts
these terms and conditions and assumes responsibility for all credit extended through use of the
Account, except that Customer’s liability for unauthorized use will be limited as hereinafter provided.
Any Access Device remains the property of the Issuer and shall be surrendered upon Issuer’s request.
The Account and its privileges are not transferable by Customer and may be cancelled or revoked or
the Credit Limit may be reduced or frozen by Issuer at any time for any reason without notice subject
to any legal provisions or requirements under applicable law. Issuer has no responsibility for the
refusal of any seller to honor the Account, or for merchandise or services purchased through the use of
the Account, other than Billing Rights. Transactions restricted by the Unlawful Internet Gambling
Enforcement Act of 2006 (UIGEA) are prohibited from being processed through the Account.
Additional information can be obtained at 1-866-292-0856.
2. UNAUTHORIZED USE, LOSS, OR THEFT. You must notify the Issuer of loss, theft or unauthorized
use of your MASTERCARD® Account by calling toll-free telephone number 1-866-292-0856, or in
writing to Customer Service, P.O. Box 30495, Tampa, FL 33630 Attention: Security Department. After
your notice of unauthorized use to us, your liability will not exceed $50. Issuer may, to the extent
allowed under applicable law, increase the limit of the Customer’s liability for unauthorized
MASTERCARD® transactions only if the Issuer determines that the Customer was grossly negligent or
fraudulent in the handling of the Account or Card.
3. CREDIT LIMIT. Customer may use the Account to obtain credit for Purchases from authorized sellers,
Cash Advances, and Balance Transfers from any Bank Card lender. Purchases, Cash Advances, and
Balance Transfers shall also include charges approved by Issuer for Customer by means of other device,
check or program for credit transactions, including any INTEREST CHARGES that result in a charge to the
Account. Customer agrees not to incur charges to the Account which exceed the maximum credit authorized
by the Issuer. In the event the Customer incurs charges in amounts exceeding such maximum authorized
credit, the Customer shall pay immediately the amount by which the Total New Balance exceeds such
maximum authorized credit.
4. PAYMENTS. Customer agrees to pay, in accordance with billings, indebtedness incurred for Purchases,
Cash Advances, Balance Transfers, any applicable INTEREST CHARGE, the Annual Fee, any Late
Payment Fee, and any other fees imposed from time to time pursuant to these terms and conditions, and in
the event of Customer’s breach or default in the performance of these terms and conditions, all additional
costs and expenses incurred by Issuer resulting therefrom including reasonable attorney fees. All payments
by Customer shall be made in U.S dollars. Issuer may place a reasonable hold on the crediting of check
payments.
5. PERIODIC STATEMENT AND PAYMENT SCHEDULE. Issuer will send to Customer a statement for
each billing cycle in which the Total New Balance (debit or credit) for Purchases, Cash Advances, and
Balance Transfers, exceeds $1.00 on the last day of the billing cycle or in which an INTEREST CHARGE
has been imposed. Customer must pay at least the minimum payment due disclosed on the statement which
will be 2% of the Total New Balance disclosed on the statement, or $15.00 whichever Is greater (or the
portion of $15.00 that is necessary to pay the Total New Balance in full) plus all indebtedness which exceeds
the Credit Limit and all amounts listed as “Past Due” on the Account. The minimum payment will be rounded
up to the nearest whole dollar amount. Payments in excess of the minimum payment amount or additional
payments may be made at any time but shall not affect Customer’s obligation to pay succeeding monthly
payments so long as any amount is due and owing on the Account. INTEREST CHARGES on the
Purchases New Balance disclosed on any monthly statement may be avoided by payment of either the Total
New Balance or Purchases New Balance in full on or before the Payment Due Date as disclosed on the
monthly statement. If not so paid, INTEREST CHARGES will be incurred on the principal portion of the
Purchases New Balance as of the Statement Closing Date as disclosed on the monthly statement, and
INTEREST CHARGES will be incurred on the New Purchases posted to the Account during the next billing
cycle as of the date of posting of each. INTEREST CHARGES are incurred on Cash Advances from the date
the money is advanced until payment in full is received.
6. SCHEDULE OF FEES.
(a) Reissue Fee. NONE
(b) Expedited Phone Payment. An Expedited Phone Payment Fee of $6.00 will be imposed if the
payment involves an expedited service by a service representative.
(c) Late Payment Fee. If a payment of at least the amount of the minimum required payment
disclosed on the periodic statement is not received by the Payment Due Date, a penalty fee of $27.00
will be imposed.
(d) Returned Payment Fee. If any check or other instrument given for payment of the Account is
dishonored for any reason, a penalty fee of $27.00 will be imposed.
(e) Annual Fee. Customer agrees to pay Issuer an Annual Fee in the amount of $50.00 for the Account
and Card in consideration of the benefits and services thereby made available to Customer other than
extensions of credit. Such Annual Fee will be charged irrespective of whether an INTEREST CHARGE is
incurred on the Account, and no INTEREST CHARGE incurred will be credited in whole or in part to
payment of the Annual Fee. The Annual Fee is payable in advance for each year, and will be
charged to the Account annually. No refund of any part of the Annual Fee will be made in the event of
cancellation of the Account or return of the Card for any reason.
(f) Cash Advance Limit and Fee. Cash Advances are limited to the amount of the Credit Limit. An
INTEREST CHARGE will be computed on the amount of each Cash Advance as of the date of the
transaction. The INTEREST CHARGE will be either $3.00 or 3% of the Cash Advance, whichever is
greater. Any Cash Advance INTEREST CHARGE may increase the actual Annual Percentage Rate.
(g) International Transaction Fee. Transactions processed outside the United States will be charged
an International Transaction Fee of 3% of each transaction in United States dollars. See Section 16
below for further information.
(h) Balance Transfer Limit and Fee. A balance transfer fee (greater of $5.00 or 3% of the total dollar
amount transferred) will be applied to your Account when the requested transfer is processed. The Fee, and
the transfer transaction, will appear on your monthly Account Statement. Fees may increase your Minimum
Amount Due on your next monthly statement. See Section 8 for further information.

(i) Over the Limit Fee: NONE
(j) Rush Card Fee: $25.00
7. INTEREST CHARGE. The INTEREST CHARGE calculation method applicable to your Account for
Purchases and Cash Advances that you obtain through the use of your Account or Card is the
Average Daily Balance (including new purchases) as specified on your monthly periodic statement and
explained below:
Purchases. To avoid incurring additional INTEREST CHARGE on the balance of purchases reflected
on your periodic statement and, on any new purchases appearing on your next periodic statement, you
must pay the New Balance in full shown on your monthly statement on or before the Payment Due
Date. The grace period for the New Balance of purchases extends to the Payment Due Date. We
calculate the INTEREST CHARGES for a billing cycle by applying the monthly Periodic Rate to the
Average Daily Balance of purchases. To get the Average Daily Balance, we take the beginning
balance of your account each day, add any new purchases and subtract any payments, credits, non-
accruing fees, and unpaid INTEREST CHARGES. This gives us the daily balance. Then we add all the
daily balances for the billing cycle and divide the total by the number of days in the billing cycle. This
gives us the average daily balance.
Cash Advances. The INTEREST CHARGE on Cash Advances begins from the date the Cash Advance is
posted to your account. There is no grace period. We calculate the INTEREST CHARGES for a billing cycle
by applying the monthly Periodic Rate to the Average Daily Balance of your account. To get the Average
Daily Balance, we take the beginning balance of your account each day, add any new cash advances, and
subtract any payments, credits, non-accruing fees, and unpaid INTEREST CHARGES. This gives us the
daily balance. Then we add all the daily balances for the billing cycle and divide the total by the number of
days in the billing cycle. This gives us the average daily balance.
Balance Transfer. The INTEREST CHARGE on Balance Transfers begins from the date the Balance
Transfer is posted to your account. There is no grace period. We calculate the INTEREST CHARGES for a
billing cycle by applying the monthly Periodic Rate to the Average Daily Balance of your account. To get the
Average Daily Balance, we take the beginning balance of your account each day, add any new cash
advances, and subtract any payments, credits, non-accruing fees, and unpaid INTEREST CHARGES. This
gives us the daily balance. Then we add all the daily balances for the billing cycle and divide the total by the
number of days in the billing cycle. This gives us the average daily balance.
Minimum Interest Charge. We will charge a minimum INTEREST CHARGE for purchases of $.50, a
minimum INTEREST CHARGE for Cash Advances of $3.00, and a minimum INTEREST CHARGE for
Balance Transfers of $5.00 for each billing period in which an INTEREST CHARGE is payable. The
INTEREST CHARGE will be added to your purchase balance, Cash Advance balance, or Balance Transfer.
8. BALANCE TRANSFER. Requests will be processed in the order in which you list them. The minimum
transferable amount is $100.00 per transfer. Up to three (3) balance transfers may be requested at one time.
If a balance transfer request is more than your Available Credit Limit we will automatically lower the balance
transfer amount to your Available Credit Limit and complete the transfer. Until your balance transfer(s) is
posted, you may need to continue making payments to your other accounts to keep them current. Balance
transfers are not subject to a grace period, and may take 1 to 2 weeks to process. Balance transfers can be
used to pay off non-credit card obligations; however, balance transfers cannot be used to pay off other Issuer
obligations. Balance Transfers are limited to the amount of the Credit Limit. An INTEREST CHARGE
will be computed on the amount of each Balance Transfer as of the date of the transaction. Upon request for
balance transfer cardholder will be required to complete and sign balance transfer form.
9. ANNUAL PERCENTAGE RATE. The INTEREST CHARGE on Purchases, Cash Advances, and
Balance Transfers will be computed by applying a monthly periodic rate computed as follows:

Monthly Periodic Rate
1/12 of Annual Percentage Rate

Corresponding Annual Percentage Rate
Prime Rate Plus 13.2%

The Annual Percentage Rate (“APR”) is a variable rate. The APR shall be based on the highest Prime
Rate listed in the Money Rate section of the Wall Street Journal on the 1st day of each month (or if the
1st is a Saturday, Sunday, or holiday, the next business day) and adding 13.2% to that rate, not to
exceed 21%. Any change in the APR will go into effect on the first day of your new billing cycle that
follows the effective date, as herein defined, of the Wall Street Journal published Prime Rate change.
Any increase or decrease in the Prime Rate may result in an increase or decrease in the INTEREST
CHARGE imposed on your account and the minimum payment due.
10. DEFAULT. The Account balance will, at Issuer’s option, become immediately due and payable,
without notice, in the event that (a) Customer becomes bankrupt or insolvent, or
(b) Customer fails to make payments due on the Account, incurs charges which exceed the maximum
authorized credit limit or otherwise breaches the Account terms or conditions, or
Issuer receives information which causes it to believe Customer is unwilling or unable to perform under
these Account terms and conditions, or (d) attachment or garnishment proceedings are instituted
against Customer. Failure by Issuer to assert any rights hereunder shall not waive such rights.
11. ADDITIONAL CARDHOLDER(S). We may issue cards to Additional Cardholders approved by you.
Additional Cardholders may not have accounts with us but they are able to access and utilize your
Account subject to the terms of this Agreement. We may, in our discretion, report Additional
Cardholders when we report to credit reporting agencies regarding the Account. You are responsible
for all use of your Account by Additional Cardholders and anyone they allow to use your Account. You
are responsible for all charges made by Additional Cardholders. You authorize us to give Additional
Cardholders information about your Account. If you want to cancel an Additional Cardholder’s right to
use your Account (and cancel their Account card) you must give us a reasonable time to process the
request. You may notify us either in writing, verbally, or via electronic mail at:

Republic Bank
ATTN: Card Operations
601 West Market Street
Louisville, KY 40202

Or via email at:
creditcard@republicbank.com

Or via phone at:
1-866-292-0856

12. SECURITY. If Issuer already holds any security interest created in any previous transaction for any
property that secures other or further indebtedness of Customer to Issuer, such security interest will
secure payment of the Account balance. Notwithstanding contrary provisions of any obligation of
Customer to Issuer, Issuer waives any security interest which it has or may have in any property that is
or becomes the principal dwelling of the Customer or any other person as security for payment of the
Account balance.
Secured Consumer Card. Customer acknowledges that Customer has signed a Security Agreement
granting Issuer a security interest in a specifically-identified deposit account maintained by Customer at
Issuer (“the Deposit”) to secure the prompt payment of amounts owing from time to time on the Account,
Customer agrees as follows: (1) If any amount owing on the Account is not paid when due, Issuer may
apply part or all of the Deposit to pay such amount, after deducting from the Deposit any applicable early-
withdrawal penalty; (2) Customer shall maintain the Deposit at all times when the Account is open, and for
fifteen (15) days after the Account is closed or terminated, in an amount not less than the greater of
(i) the then-current (or, in the case of a closed or terminated Account, the most recent) credit limit
assigned by Bank for the Account or (ii) the amount then owing on the Account. See Customer’s
Security Agreement for additional details.
13. CREDIT INVESTIGATION. Customer authorizes Issuer at any time to make credit investigations
which are deemed necessary in Issuer’s discretion and Customer agrees to furnish financial
statements which may be requested at any time and in sufficient detail as Issuer may require.
14. CANCELLATION. Customer may cancel this Agreement upon notification in writing to Issuer. If the
Account is cancelled, Customer shall be responsible to pay all amounts due prior to such cancellation,
including amounts that have not yet been posted to Customers Account.
15. CHANGES TO THIS AGREEMENT. Issuer may amend or modify these terms and conditions at any
time, effective forty-five (45) days after written notice thereof is mailed to Customer. Any changes in these
terms and conditions, including, without limitation, changes in the ANNUAL PERCENTAGE RATE and the
Periodic Rate, shall be effective as to future Purchases and Cash Advances. If required by applicable law,
the notice will advise you of any right you may have, and any steps you must take, to reject the changes. If
you properly notify us that you reject the changes, your Account will be closed and you will be obligated to
pay your outstanding balance under the terms of the Agreement in effect on the date you received the
notice of changes. If you do not properly notify us that you reject the changes by the date stated in the
notice, you will be deemed to have accepted all changes in the notice and to have accepted and confirmed
all terms of your Agreement. Issuer may, in its sole discretion, waive imposition of the any Annual Fee,
Late Payment Fee, or any other provision(s) of these Account terms and conditions; however, Issuer shall
have no obligation to do so, and any such waiver shall be limited to the particular instance or transaction
involved and shall not constitute a waiver or authorize the non-observance of the same or any other
provision of these Account terms and conditions on any other or future occasion.
16. INTERNATIONAL TRANSACTIONS. Purchases and Cash Advances occurring in foreign
countries and billed in foreign countries will be billed to your Account in U.S. dollars. Transactions
processed outside the United States will be charged an International Transaction Fee of 3%. The
monetary exchange rate will be a rate selected by MASTERCARD® from the range of rates available
in wholesale currency markets for the applicable central processing date, which rate may vary from the
rate MASTERCARD® itself receives, or the government mandated rate in effect for the applicable
central processing date, plus the applicable International Transaction Fee.
17. CHOICE OF LAW. Except to the extent superseded by Federal Law, this Agreement shall be
subject to and interpreted under the laws of the Commonwealth of Kentucky, with all interest and
assessments authorized pursuant to KRS 286.6.
18. A MASTERCARD® Card may not be used for any illegal transaction.
19. YOUR BILLING RIGHTS.
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:

Customer Service
PO Box 30495
Tampa, FL 33630

In your letter, give us the following information:
• Account information: Your name and last four (4) of the 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 to you why we believe
the bill is correct.

While we investigate whether or not there has been an error:
• We cannot try to collect the amount in question, or report you as delinquent on that amount.
• The charge in question may remain on your statement, and we may continue to charge you interest on that
amount.
• While you do not have to pay the amount in question, you are responsible for the remainder of your

balance.
• We can apply any unpaid amount against your credit limit.

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:

Customer Service
PO Box 30495
Tampa, FL 33630

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.

REV 07/19/2016
I002851

INTEREST RATE AND INTEREST CHARGES

Annual Percentage Rate (APR)
for Purchase

APR for Balance Transfers

APR for Cash Advances

Paying Interest

16.70%
Based on your creditworthiness at time of application. After account opening, your APR can vary
monthly with the market based on the Prime Rate published in the Wall Street Journal.
16.70%
Based on your creditworthiness at time of application. After account opening, your APR can vary
monthly with the market based on the Prime Rate published in the Wall Street Journal.
16.70%
Based on your creditworthiness at time of application. After account opening, your APR can vary
monthly with the market based on the Prime Rate published in the Wall Street Journal.

Your due date is at least 25 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.

Minimum Interest Charge

If you are charged interest, the charge will be no less than $0.50 on purchases and $3.00 on cash
advances, Balance Transfers, or Checks.

For Credit Card Tips from the
Consumer Financial Protection
Bureau

Annual Fees
Transaction Fees
• Cash Advance Fee
• International Transaction Fee
• Balance Transfer Fee

To learn more about factors to consider when applying or using a credit card, visit the website of
the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore.

$50

FEES

Either $3 or 3% of the amount of each cash advance whichever is greater.
3% of each transaction in U.S. dollars.
Either $5 or 3% of the amount of each transfer, whichever is greater.

Penalty Fees
• Late Payment Fee
• Over the Limit Fee
• Returned Payment Fee
Other Fees
• Expedited Phone Payment
• Rush Card Fee

$27
NONE
$27

$6
$25

How we will calculate your balance: We use a method called “average daily balance (including new purchases)”.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardholder
Account Agreement.

The information about the costs of the card described in this application is accurate as of the date below. This information may have
changed after that date. To find out what may have changed, write to us at:

Republic Bank & Trust Company
601 West Market Street | Louisville, KY 40202-2700
Rate updates as of 08/01/16

The Annual Percentage Rate (“APR”) is a variable rate. The APR shall be based on the highest Prime Rate listed in the Monthly Rate
section of the Wall Street Journal on the 1st day of each month (or if the 1st is a Saturday, Sunday, or holiday, the next business day)
and adding 13.2% to that rate based on your credit worthiness at time of application, not to exceed 21%. Any change in the APR will go
into effect on the first day of your new billing cycle that follows the effective date, as herein defined, of the Wall Street Journal published
Prime Rate change and may result in an increase or decrease in the INTEREST CHARGE imposed on your account.

Ohio Residents Only: The 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.

REV 08/26/2016