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This information was accurate as of the date it was printed and is subject to change without notice. You should contact Applied Bank® for any updates to this form.
This Offer to establish a credit card account is made by Applied Bank of Wilmington, DE (“we”, “us”, “our”).
APPROVAL AND CREDIT LIMIT TERMS: By accepting this Offer you are requesting an Applied Bank credit card account. You will receive an account with a credit limit equal to your deposit (see CREDIT AVAILABILITY section). Regardless of your initial credit limit, over the life of your account your credit limit may be increased from credit limit increase programs and other special offers, which may be subject to fees.
CREDIT AVAILABILITY: The first Annual Fee will be charged to your account when your account is opened, so your initial credit availability will be $50.00 less than your deposit. Any charges for Optional Card Benefits, such as Applied Advantage, will further reduce your initial available credit. All account purchases and cash advances or any other fees and charges will reduce credit availability at the time they are charged to your account. Account related fees, if incurred, will continue to be charged even if your account is Overlimit. If, on any day during the billing cycle, purchases, cash advances, account related fees or any other fees, and charges, including interest charged on the last day of the billing cycle and Payment Protection Plus premiums, result in your account balance exceeding your credit limit, you will be charged an Overlimit Fee for each billing cycle your account is over the credit limit.
Notice: If you accept or use an account, you do so subject to the terms of this Offer and the Credit Card Agreement, which will be sent to you (“Agreement”). The Agreement and terms of your account are subject to change. The Agreement includes a binding arbitration provision, which, if not rejected by you, may replace your right to go to court, as well as other rights you may have, including the right to a jury and the right to participate in a class action or similar proceeding. This Offer and any resulting account are subject to Delaware and federal law. You agree that: You will be responsible for and will pay all charges and fees incurred on any account granted according to the Agreement; all statements made and information provided by you are true; our company, its affiliates and service or marketing vendors may monitor and/or record any conversations with you; your account will only be used for personal, family or household purposes; we are authorized to verify all information you provide; we may use any email address provided to us to send information to you about this Offer and your account including information about the status of this Offer or your account; we may obtain consumer credit reports for updates, renewals, extensions of credit and review or collection of your account; we are authorized to furnish information about you and your account to consumer credit reporting agencies and others who help service your account. Upon request, we will tell you the name and address of each consumer credit reporting agency from which we obtained a consumer credit report about you.
You request us to issue a Card bearing your account number to (and in the name of) the Applicant. YOU AGREE TO OPEN AN FDIC INSURED DEPOSIT ACCOUNT WITH US TO SECURE YOUR CREDIT CARD. You have read the account information notices, disclosure of credit cards terms, and other terms that accompanied the Acceptance. You understand and agree to them. You further agree that this Acceptance and all resulting agreements will be subject to the United States and Delaware Law.
TAXPAYER IDENTIFICATION NUMBER CERTIFICATION: Under penalties of perjury, you certify that the Taxpayer Identification Number (Social Security Number) provided on the Acceptance Form is correct, and you are not subject to back-up withholding either because: a) you have not been notified that you are subject to back-up withholding as a result of failure to report all interest and dividends, or b) the Internal Revenue Service has notified you that you are no longer subject to back-up withholding. PLEASE NOTE: IF YOU ARE SUBJECT TO BACK-UP WITHOLDING, ADVISE US BY PROVIDING NOTIFICATION WITH THE ACCEPTANCE FORM.
New York Residents: May contact the New York State Banking Department at 1-877-226-5697 to obtain a comparative listing of credit card rates, fees and grace periods. Ohio Residents: The Ohio law against discrimination requires 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. California Residents: Married applicants may apply for separate credit; prohibitions barring class actions not applicable. Married Wisconsin Residents: No provision of any marital property agreement, unilateral agreement or court order applying to marital property will adversely affect a creditor's interests unless prior to the time credit is granted, the creditor is furnished with a copy of the agreement, statement or court order or has actual knowledge of the provision. Married Wisconsin residents must furnish the name and address of your spouse to Applied Bank, Correspondence Department, P.O. Box 17125, Wilmington, DE 19850-7125.
By submitting this Acceptance you understand that you are requesting a Secured Visa® that will have a credit limit equal to the deposit made to an Applied Bank Deposit Account that will secure your credit limit. There is a $200 minimum deposit required, however, you may deposit up to $5,000.
DEPOSIT ACCOUNT INFORMATION AND DISCLOSURES: The Deposit Account will not pay interest. The minimum balance required to open the Deposit Account is $200.
USA 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. |
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