Blue Cash EverydaySM from American Express
IMPORTANT INFORMATION REGARDING RATES, FEE, AND OTHER COST INFORMATION
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Annual Percentage Rate (APR) for Purchases |
0% introductory APR for 12 months, based on your creditworthiness. |
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APR for Balance Transfers |
17.24%, 20.24%, or 22.24% APR on balance transfers requested within 30 days of account opening, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. |
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APR for Cash Advances |
25.24% This APR will vary with the market based on the Prime Rate. |
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Penalty APR and When it Applies |
27.24% This APR will vary with the market based on the Prime Rate. This APR will apply to your account if you: How Long Will the Penalty APR Apply? If the Penalty APR is applied, it will apply for at least 6 months. We review your Account every 6 months after the Penalty APR is applied. The Penalty APR will continue to apply until after you have made timely payments, with no returned payments during the 6 months being reviewed. The Penalty APR will apply to existing balances only if a payment is more than 60 days late. |
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Paying Interest |
Your due date is at least 25 days after the close of each billing period. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. |
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For Credit Card Tips from the Federal Reserve Board |
To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard. |
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Annual Membership Fee |
$0 |
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Transaction Fees
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Penalty Fees
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How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).”
Loss of Introductory APR: We may end
your Introductory APR and apply the Penalty APR if you do not pay at least the Minimum Payment Due within 60 days after its Payment Due Date.
Variable APRs for each billing period are based on the Prime Rate published in The Wall Street Journal 2 days before the Closing Date of the billing period. The Wall Street Journal may not publish the Prime Rate on that day. If it does not, we will use the Prime Rate from the previous day it was published. If the Prime Rate increases, variable APRs will increase. In that case, you may pay more interest and have a higher Minimum Payment Due. When the Prime Rate changes, the resulting changes to variable APRs take effect as of the first day of the billing period. Variable APRs are accurate as of 8/01/11.
TERMS AND CONDITIONS
By submitting this application, you are requesting us to open an Account in your name and to issue Card(s) as you direct. Only qualified individuals 18 or over may apply for an Account. This offer is available to US Residents, excluding Puerto Rico and the US Virgin Islands.
You promise that the information you provide on this application is accurate. You authorize us to verify this information and to obtain reports from consumer reporting agencies. You authorize us and our affiliates and subsidiaries to share information we have about you at any time for marketing and administrative purposes as permitted by law. Upon request, we will tell you if we have received a consumer report and the name and address of the agency that provided it.
When you use your Account (or sign or keep the Card), you agree to the terms of the Cardmember Agreement that will be provided to you. Your Cardmember Agreement includes an arbitration provision, which impacts your opportunity to have claims related to the account heard in court or resolved by a jury, and to participate in a class action or similar proceeding.
We may change the Cardmember Agreement subject to applicable law. We may do this in response to the business, legal, or competitive environment. Changes to some terms may require 45 days advance notice, and we will tell you in the notice if you have the right to reject a change. We cannot change certain terms during the first year of your Cardmembership.
Additional Cards: Additional Cardmembers do not have accounts with us but they can use your Account subject to the terms of the Cardmember Agreement. You are responsible for all use of your Account by Additional Cardmembers and anyone they allow to use your Account. You must pay for all charges they make. You authorize us to give Additional Cardmembers information about your Account and to discuss it with them.
Patriot Act Notice: Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account, including your name, address, date of birth and other information that will allow us to verify your identity.
Balance Transfers: We will debit your Card account for the total approved balance transfer amount. A balance transfer request will be declined if the requested amount plus fees exceeds your available credit line. Total balance transfers cannot exceed $25,000 in a 180-day period. We will not initiate any balance transfers until at least ten days after we have mailed or otherwise provided the Cardmember Agreement to you. In some cases, it may take up to six weeks to complete a balance transfer. Please be sure to make all minimum payments on any account from which you are transferring a balance until the balance transfer is credited to that account. You are responsible for maintaining those accounts in good standing and for closing them if you choose. You authorize us to verify the status and balance of those accounts. You cannot transfer balances from any other account issued by American Express or its affiliates. Additional Cardmembers may not request or authorize balance transfers. We reserve the right to deny a balance transfer request for any reason.
Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral agreement, or court decree under Wisconsin’s Marital Property Act will adversely affect a creditor’s interest unless, prior to the time credit is granted, the creditor is furnished a copy of that agreement or decree or is given complete information about the agreement or decree.
New York residents may contact the New York Banking Department to obtain a comparative list of credit card rates, fees, and grace periods by calling 1-800-518-8866.
An Applicant, if married, may apply for a separate account.
Express Cash: We may enroll your Card in the Express Cash feature, which provides access to participating ATMs for cash advances. If your Card is enrolled, we will send you a letter that includes a Personal Identification Number (PIN).
Blue Cash EverydaySM from American Express is issued by American Express Centurion Bank. ©2011 American Express Centurion Bank. All rights reserved.