FR833282333_CARECREDIT® REWARDS™ MASTERCARD®
TC DC PDF 184-638-00 WF4145140C
12/2021

SYNCHRONY BANK

SECTION I: RATES AND FEES TABLE 
CARECREDIT® REWARDS™ MASTERCARD® ACCOUNT AGREEMENT
PRICING INFORMATION

Interest Rates and Interest Charges

Annual Percentage Rate 
(APR) for Purchases

26.99%

APR for  
Cash Advances

Paying Interest

26.99%

Your due date is at least 23 days after the close of each billing cycle. We will not charge you
any interest on non-promotional 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. We will begin
charging interest on promotional purchases on the purchase date.

Minimum Interest Charge

If you are charged interest, the charge will be no less than $2.00.

Fees

Transaction Fees

• Cash Advance

Either $10 or 4% of the amount of each cash advance, whichever is greater.

• Foreign Transaction

3% of each transaction.

Penalty Fees

• Late Payment

Up to $40.

How We Will Calculate Your Balance: We use a method called “daily balance.” See your credit card account agreement below for 
more details.

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How Interest is Calculated

Your Interest Rate

When We Charge Interest 

How We Calculate Interest

How Fees Work 

Cash Advance Fee

Foreign Transaction Fee

Late Payment Fee

SECTION II: RATES, FEES AND PAYMENT INFORMATION
CARECREDIT® REWARDS™ MASTERCARD® ACCOUNT AGREEMENT

We use a daily rate to calculate the interest on the balance on your account each day. The daily rate is the applicable APR 
times 1/365. Interest will be imposed in amounts or at rates not in excess of those permitted by applicable law.
The daily rate for purchases is .07395% (APR 26.99%).
The daily rate for cash advances is .07395% (APR 26.99%).

Purchases. We charge interest on your purchases from the date you make the purchase until you pay the purchase in full. See  
exceptions below.
• We will not charge you interest during a billing cycle on any non-promotional 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 always charge interest on promotional purchases and their related fees from the date you make the purchase.

•  We will credit, as of the start of the billing cycle, any payment you make by the due date that we allocate to non-promotional  

purchases if:

  1. You had no balance at the start of the previous billing cycle; OR
  2.  You had a balance at the start of the previous billing cycle and you paid that balance in full by the due date in the previous  

billing cycle.

Cash Advances. We charge interest on your cash advances, and their related fees, from the date you make the transaction 
until you pay them in full. You cannot avoid paying interest on cash advances or their related fees.

We ﬁgure the interest charge on your account separately for each balance type. We do this by applying the daily rate to 
the daily balance for each day in the billing cycle. A separate daily balance is calculated for the following balance types, 
as applicable: purchases, cash advances and balances subject to different interest rates, plans or special promotions. 
See below for how this works.

1.  How  to  get  the  daily  balance:  We  take  the  starting  balance  each  day,  add  any  new  charges  and  fees,  and  

subtract any payments or credits. This gives us the daily balance.

We apply fees to balance types as follows:

(a) late payment fees are treated as new purchases; 
(b) debt cancellation fees are treated as new purchases;
(c) cash advance fees are added to the cash advance balance; and
(d) foreign transaction fees are added to the purchase 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 $2.00 of interest in any billing cycle in which you owe interest. Interest, as calculated above, is 
added as applicable to each balance type. Minimum interest charges in excess of the calculated interest are treated as 
new purchases. 

We will charge this fee for each cash advance you make. For ATM cash advances this fee is in addition to any fee the ATM 
owner may charge you for use of the ATM. 

We will charge this fee for purchases or cash advances you make in currencies other than U.S. dollars and/or in a country 
other than the U.S., whether or not the transaction was in a foreign currency.
If you make a transaction with your account in a currency other than U.S. dollars, Mastercard will convert the transaction
amount into U.S. dollars using its currency conversion procedure. Under the currency conversion procedure that
Mastercard currently uses, the non-U.S. dollar transaction amount is converted into a U.S. dollar amount by multiplying
the transaction amount in the non-U.S. dollar currency by a currency conversion rate. Mastercard’s currency conversion
procedure is based on rates observed in the wholesale market or government-mandated rates, where applicable. The
currency conversion rate that Mastercard uses for a particular transaction is the rate for the applicable currency on
the date that the transaction occurred. However, in limited situations, particularly where transaction submissions to
Mastercard for processing are delayed, the currency conversion rate that Mastercard uses may be the rate for the
applicable currency on the date that the transaction is processed.

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. $29, if you have paid your total minimum payment due by the due date in each of the prior six billing cycles.

OR

2. $40, 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.

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Minimum Payment Calculation

Your total minimum payment is calculated as follows.

The sum of:

a.  For the new balance shown on your billing statement (excluding any balance attributable to a special promotional purchase with a unique payment calculation), 

the greater of: 

(i) $29; or

(ii) 3.25% of the new balance shown on your billing statement; or

(iii) The sum of 1% of your new balance shown on your biling statement plus interest and late payment fees charged in the current billing cycle; PLUS

b. Any past due amounts; PLUS

c. Any payment due in connection with a special promotional purchase with a unique payment calculation. 

We round up to the next highest whole dollar in ﬁguring your total minimum payment. Your total minimum payment will never be more than your new balance.

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 promotions. 
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, in addition to reduced APR promotions with a unique payment calculation.

• 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 Purchase APR that applies to your account when the promotional 
purchase is made.

• No Interest if Paid in Full Within 18 Months

• No Interest if Paid in Full Within 24 Months

At the time your account is opened, the Purchase APR is 26.99%.

When you make a qualifying purchase under one of these promotions, no interest will be assessed on the purchase if you pay promotional purchase amount in full 
within the applicable promotional period. If you do not, interest will be assessed on the promotional purchase from the date of the purchase. Minimum or ﬁxed 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.

SECTION III: STANDARD PROVISIONS
CARECREDIT® REWARDS™ MASTERCARD® ACCOUNT AGREEMENT

ABOUT THE CREDIT CARD ACCOUNT AGREEMENT

This Agreement. This is an Agreement between you and Synchrony Bank, 170 Election Road, Suite 125, Draper, UT 84020, for your credit card account shown 
above. By opening or using your account, you agree to the terms of the entire Agreement. The entire Agreement includes the four sections of this document and the 
application you submitted to us in connection with the account. These documents replace any other agreement relating to your account that you or we made earlier 
or at the same time.
Parties To This Agreement. This Agreement applies to each accountholder approved on the account and each of you is responsible for paying the full amount 
due, no matter which one uses the account. We may treat each of you as one accountholder and may refer to each of you as “you” or “your,” Synchrony Bank may 
be referred to as “we,” “us” or “our.”
Changes To This Agreement. We may change, add or delete terms of this Agreement, including interest rates, fees and charges.
Special Promotions. The terms of this Agreement apply to any special promotion. However, any special promotional terms that are different than the terms in this 
Agreement will be explained on promotional advertising or other disclosures provided to you.

HOW TO USE YOUR ACCOUNT/CARD

Use Of Your Account. You may use your account only for lawful personal, family or household purposes. You may use your account for purchases from providers 
that accept the card, as well as from any merchant that accepts Mastercard credit cards. You may get cash advances as further explained below. You may not use 
your account to pay amounts you owe us on this account or any other accounts you have with us.
Cash Advances. We may offer you the opportunity to get a cash advance with convenience checks that we send you. We may not honor a convenience check for 
any reason stated on the check. You can also get cash or make a withdrawal from any institution or ATM that accepts the card or the account. In addition, we will 
treat any purchase of certain cash-like items as cash advances. Cash-like items include for example, money orders, cashier’s checks, traveler’s checks, electronic or 
wire transfers, foreign currency or other in-bank transactions, tax payments, lottery tickets or other legalized gambling transactions, court costs, bail bonds and ﬁnes.
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.
Transaction Limits. To prevent fraud, we may limit the number or dollar amount of any type of transactions you can make in any particular amount of time. We also 
may decline any particular charge on your account for any reason.
Credit Limit. You will be assigned a credit limit and cash advance limit on your account that we may increase or decrease from time to time. If we approve a 
transaction that makes you go over your credit limit or your cash advance limit, we do not give up any rights under this Agreement and we do not treat it as an 
increase in either limit.

HOW AND WHEN TO MAKE PAYMENTS

When Payments Are Due. You must pay at least the total minimum payment due on your account by 5 p.m. (ET) on the due date of each billing cycle. Payments 
received after 5 p.m. (ET) will be credited as of the next day. You may at any time pay, in whole or in part, the total unpaid balance without any additional charge for 
prepayment. If you have a balance subject to interest, earlier payment may reduce the amount of interest you will pay. We may delay making credit available on your 
account in the amount of your payment even though we will credit your payment when we receive it.
Payment Options. You can pay by mail or online. We may allow you to make payments over the phone but we will charge you a fee to make expedited phone 
payments. Your payment must be made in U.S. dollars by physical or electronic check, money order or a similar instrument from a bank located in the United States.

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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, providers that accept the card and program sponsors information about 
yourself  that  we  could  share  with  each  other.  Providers  that  accept  the  card  and  program  sponsors  (and  their  respective  afﬁliates)  will  use  the  information  in 
connection with the credit program and for things like creating and updating their 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.
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 965036, Orlando, FL 
32896-5036. 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 in section IV of this Agreement describes what to do if you think there is a mistake on your bill. If you 
send us correspondence about a disputed amount or payment, you must send it to the address for billing inquiries. We do not give up any rights under 
this Agreement if we accept a payment marked “payment in full” or given with any other conditions or limitations.
Unauthorized Use. If your card is lost, stolen or used without your consent, call us immediately at 1-866-748-1585. 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.
1.  CLAIMS AND PARTIES. If either you or we make a demand for arbitration, you and we must arbitrate any dispute or claim between you (including any other user of 
your account), and us (including our parents, afﬁliates, agents, employees, ofﬁcers, and assignees) that directly or indirectly arises from or relates to your account, your 
account Agreement or our relationship, except as noted below. In addition, dealers/merchants/retailers and/or any assignee, agent, or service provider of ours that collects 
amounts due on your account are intended beneﬁciaries of this Arbitration section and may enforce it in full (notwithstanding any state law to the contrary).

2.  This Arbitration section broadly covers claims based upon contract, tort, consumer rights, fraud and other intentional torts, negligence, constitution, statute, regulation, 
ordinance, common law and equity and claims for money damages and injunctive or declaratory relief, even if they arose before this section took effect. You may not sell, 
assign or transfer a claim. 

3.  Examples of claims subject to arbitration are disputes about an account transaction, fees, charges or interest, the events leading up to the Agreement (such as any 
disclosures, advertisements, promotions or oral or written statements, warranties or representations made by us), an application for or denial of credit, any product or 
service provided by us or third parties in connection with the Agreement, credit reporting, beneﬁt programs related to your account including any reward program, the 
collection of amounts due by our assignees, service providers, or agents and the manner of collection.

4.  However, we will not require you to arbitrate any individual case in small claims court or your state’s equivalent court, so long as it remains an individual case in that court. 
Also, even if all parties have opted to litigate a claim in court, you or we may elect arbitration with respect to any claim made by a new party or any claim later asserted by 
a party in any related or unrelated lawsuit, including modifying an individual claim to assert a class, representative or multi-party claim. Arbitration may be requested at any 
time, even where there is a pending lawsuit, unless a trial has begun, or a ﬁnal judgment entered.

5.  Only a court will decide disputes about the validity, enforceability, coverage or scope of this Arbitration section or any part thereof. However, any dispute that concerns the 

validity or enforceability of the Agreement as a whole is for the arbitrator to decide.

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6.  NO CLASS ACTIONS. IF EITHER YOU OR WE ELECT TO ARBITRATE A CLAIM, NEITHER YOU NOR WE WILL HAVE THE RIGHT (A) TO PARTICIPATE IN A CLASS 
ACTION, PRIVATE ATTORNEY GENERAL ACTION OR OTHER REPRESENTATIVE ACTION IN COURT OR IN ARBITRATION, EITHER AS A CLASS REPRESENTATIVE 
OR CLASS MEMBER, OR (B) TO JOIN OR CONSOLIDATE CLAIMS WITH CLAIMS OF ANY OTHER PERSONS EXCEPT ACCOUNTHOLDERS ON YOUR ACCOUNT. 
THUS, 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. 

7.  PROCEDURES. 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 either the American Arbitration Association (AAA), 120 Broadway, Floor 21, New York, NY 10271, www.adr.org, or JAMS,  
620 Eighth Avenue, 34th Floor, New York, NY 10018, www.jamsadr.com, to administer the arbitration. If neither administrator can handle the dispute, a court with 
jurisdiction will appoint an arbitrator.

8.  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. 
The arbitrator must apply the same law, consistent with the Federal Arbitration Act (FAA), that would apply to an individual action in court, but may use different procedural 
rules. The arbitrator will apply the same statutes of limitation and privileges that a court would apply if the matter were pending in court. 

9.  The arbitrator may award any damages or other relief or remedies that would apply under applicable law to an individual action brought in court, including, without 
limitation, punitive damages (governed by the Constitutional standards employed by the courts) and injunctive, equitable and declaratory relief (but only in favor of the 
individual party seeking relief and only to the extent necessary to provide relief warranted by that party’s individual claim). The parties will bear the fees and costs of their 
attorneys, witnesses and experts. However, the arbitrator will have the authority to award fees and costs of attorneys, witnesses and experts to the extent permitted by 
the Agreement, the administrator’s rules or applicable law.

10. The arbitration will take place by phone or at a location reasonably convenient to you. If you ask, we will pay all the fees the administrator or arbitrator charges if you cannot 
obtain a waiver of fees from the administrator and are acting in good faith. We will always pay arbitration costs required by the administrator’s rules or that are necessary 
for this Arbitration section to be enforced.

11. GOVERNING LAW. This Arbitration section is governed by the FAA. Utah law shall apply to the extent state law is relevant under the FAA, unless otherwise stated herein. 
The arbitrator’s award 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. The 
arbitration award and any judgment conﬁrming it will apply only to the speciﬁc case and cannot be used in any other case except to enforce the award. 

12. SURVIVAL. This Arbitration section shall survive the repayment of all amounts owed, the termination, cancellation or suspension of the Agreement or your account or 
credit privileges, any legal proceeding, and any bankruptcy by you, to the extent consistent with applicable bankruptcy law. If this Arbitration section conﬂicts with the 
applicable arbitration rules or the other provisions of the Agreement, this Arbitration section shall govern. 

13. SEVERABILITY. If any portion of this Arbitration section is held to be invalid or unenforceable, the remaining portions shall nevertheless remain in force with the following 
two exceptions. First, if a determination is made that the “No Class Actions” provision is unenforceable, and that determination is not reversed on appeal, then this 
Arbitration section shall be void in its entirety. Second, if a court determines that a public injunctive relief claim may proceed notwithstanding the “No Class Actions” 
provision, and that determination is not reversed on appeal, then the public injunctive relief claim will be decided by a court, and any individual claims will be arbitrated. 
The parties will ask the court to stay the public injunctive relief claim until the other claims have been ﬁnally concluded.

14. HOW TO REJECT ARBITRATION. You may reject this Arbitration section. If you do that, a court will resolve any dispute or claim. To reject this section, send us a notice 
within 45 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, account number, 
and personal signature, 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. Rejecting 
this Arbitration section will not affect any other provision of the Agreement. It will also not affect any prior arbitration agreement or dispute resolution provision between you 
and us, which will remain in full force and effect. If you don’t reject this Arbitration section, it will be effective as of the date of the Agreement and will supersede any prior 
arbitration agreement between you and us that would otherwise be applicable.

SECTION IV: OTHER IMPORTANT INFORMATION
CARECREDIT® REWARDS™ MASTERCARD® ACCOUNT AGREEMENT

This section of the agreement includes state notices, billing rights summary and rewards terms (if applicable) and is not required to be provided as part of the credit 
card agreement posted online or provided to the CFPB.

FR833282333_CARECREDIT® REWARDS™ MASTERCARD®
TC DC PDF 184-638-00 WF4145140C
12/2021

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