Optima® Credit Card Agreement

Account & Service Control · Restriction or exception

Personal, family or household use only; plans, cash advances and balance transfers are at the issuer's discretion

You may use the Card to make charges. At its discretion, the issuer may permit you to create plans, make cash advances or make balance transfers. You cannot transfer balances from any other account issued by the issuer or its affiliates. You agree to use the Card for personal, family, or household purposes only.

Supporting quotations

You may use the Card to make charges. At our discretion, we may permit you to create plans, make cash advances or balance transfers.

You cannot transfer balances from any other account issued by us or our affiliates.

You agree to use the Card for personal, family, or household purposes only.

Not stated here

• The agreement does not say what consequence follows from using the Card for other purposes beyond the default and closing rights in Part 3.

Account & Service Control · Permission or license

The issuer may decline a charge for various reasons even when you are within your limit and in good standing

The issuer may decline to authorize a charge for various reasons, including suspected fraud or its assessment of your creditworthiness, even if the charge would not take you over your Credit Limit and even if your Account is not in default. It is not responsible for losses you incur if it does not authorize a charge or if a merchant refuses to accept the Card.

Supporting quotations

We may decline to authorize a charge for various reasons, including if we suspect fraud or based on our assessment of your creditworthiness, even if the charge would not cause you to go over your Credit Limit and even if your Account is not in default.

We are not responsible for any losses you incur if we do not authorize a charge or if any merchant refuses to accept the Card.

Qualifications & exceptions

• The reasons are introduced with 'including', so the two listed reasons are examples.

Account & Service Control · Permission or license

Additional Cards are issued at your request; their use is subject to the Agreement and may be reported to credit bureaus

The issuer may issue additional Cards on your Account at your request. Additional Card Members can use your Account subject to the terms of the Agreement, and the issuer may report their use of your Account to credit reporting agencies. If an Annual Fee applies to Additional Cards on your Account, the text says it is shown on page 2 of Part 1.

Supporting quotations

We may issue additional Cards on your Account at your request. Additional Card Members can use your Account subject to the terms of this Agreement and we may report their use of your Account to credit reporting agencies.

If an Annual Fee applies to Additional Cards on your Account, it is shown on page 2 of Part 1 of this Agreement.

You may request a Card for an Additional Card Member.

Qualifications & exceptions

• Part 1's fee section says the Annual Fee for Additional Cards is None; this paragraph is conditional ('If an Annual Fee applies').

Account & Service Control · Company practice

You are responsible for all use by Additional Card Members, and authorize the issuer to give them Account information

You are responsible for all use of your Account by Additional Card Members and anyone they allow to use your Account, and you must pay for all charges made. You also authorize the issuer to give Additional Card Members information about your Account and to discuss it with them. You can contact the issuer to cancel an Additional Card Member's ability to use the Account. If an Annual Fee applies to an Additional Card, the refund policy in the Closing or suspending your Account sub-section of Part 3 applies, and if a single Annual Fee applies for a group of Additional Cards, that policy applies when you cancel the Additional Card on which the fee was assessed.

Supporting quotations

You are responsible for all use of your Account by Additional Card Members and anyone they allow to use your Account and you must pay for all charges made.

You also authorize us to give Additional Card Members information about your Account and to discuss it with them.

Contact us if you want to cancel an Additional Card Member's ability to use your Account.

If a single Annual Fee applies for a group of Additional Cards on your Account, this policy will apply when you cancel the Additional Card on which the fee was assessed.

Account & Service Control · Company practice

Notices go by mail, courier or electronically and count as given when mailed or delivered electronically

The issuer sends notices by U.S. mail, courier, or electronically using the information in its records. It considers a notice given when it mails it or delivers it electronically, not when you receive it.

Supporting quotations

We send notices by U.S. mail, courier, or electronically using the information in our records. We consider a notice given when we mail it or deliver it electronically.

Not stated here

• The agreement does not say which channel the issuer uses for which notice.

Account & Service Control · Restriction or exception

You must tell the issuer right away if your address, email or phone changes, separately for each Account

You must notify the issuer immediately if you change your mailing address, email address, or telephone number. If you have more than one Account, you need to notify the issuer separately for each Account. The issuer may update your billing address if it receives information that it has changed or is incorrect.

Supporting quotations

You must notify us immediately if you change your mailing address, email address, or telephone number. If you have more than one Account, you need to notify us separately for each Account. We may update your billing address if we receive information that it has changed or is incorrect.

Not stated here

• The agreement does not say where the issuer may get information that an address is incorrect.

Account & Service Control · Restriction or exception

The issuer may treat the Account as in default for five stated reasons, including a belief you cannot pay

The issuer may consider your Account to be in default if you violate a provision of the Agreement, you give it false information, you file for bankruptcy, you default under another agreement you have with it or an affiliate, or it believes you are unable or unwilling to pay your debts when due.

Supporting quotations

We may consider your Account to be in default if:

you violate a provision of this Agreement,

you give us false information,

you file for bankruptcy,

you default under another agreement you have with us or an affiliate, or

we believe you are unable or unwilling to pay your debts when due.

Qualifications & exceptions

• Default is at the issuer's choice ('may consider'); the last trigger rests on the issuer's belief.

Not stated here

• The text of any other agreement you have with the issuer or an affiliate is not supplied here, so this card cannot say what would count as a default under it.

Account & Service Control · Permission or license

On default, incapacity or death the issuer may suspend charging, cancel features and demand the whole balance

If the issuer considers your Account in default, or if you become incapacitated or die, it may, to the extent permitted by federal and applicable state law, suspend your ability to make charges, cancel or suspend any feature on your Account, require you to pay more than your Minimum Payment Due immediately, and require you to pay your Account balance immediately.

Supporting quotations

If we consider your Account in default, or if you become incapacitated or die, we may, to the extent permitted by federal and applicable state law:

suspend your ability to make charges,

cancel or suspend any feature on your Account,

require you to pay more than your Minimum Payment Due immediately, and

require you to pay your Account balance immediately.

Qualifications & exceptions

• These rights apply 'to the extent permitted by federal and applicable state law'.

Account & Service Control · Permission or license

The issuer may cancel the Account or suspend charges at any time for any reason, and you still owe all charges

The issuer may, at any time and for any reason, cancel your Account, suspend your ability to make charges, or cancel or suspend any feature on your Account. If it does any of these, you must still pay for all charges under the terms of the Agreement. If it later agrees to reinstate your Account, it may reinstate any additional Cards issued on your Account and charge you any applicable annual fees and a fee to reinstate the Account.

Supporting quotations

We may, at any time and for any reason: cancel your Account, suspend your ability to make charges, cancel or suspend any feature on your Account. If we do any of these, you must still pay us for all charges under the terms of this Agreement.

If we later agree to reinstate your Account, we may reinstate any additional Cards issued on your Account and charge you any applicable annual fees and a fee to reinstate the Account.

Account & Service Control · User right or choice

You may close the Account by calling or writing; the annual fee is refunded only if you close within 30 days

You may close your Account by calling or writing to the issuer. If an Annual Fee applies, it will be refunded if you notify the issuer that you are voluntarily closing your Account within 30 days after the Closing Date of the billing statement on which that fee appears. For cancellations after those 30 days the Annual Fee is non-refundable. If your billing address is in the Commonwealth of Massachusetts when you close your Account, this refund policy does not apply to you. If your account is cancelled and the issuer re-opens it at your request, it may charge you a $25 fee.

Supporting quotations

You may close your Account by calling us or writing to us.

If an Annual Fee applies, we will refund this fee if you notify us that you are voluntarily closing your Account within 30 days after the Closing Date of the billing statement on which that fee appears. For cancellations after this 30-day period, the Annual Fee is non-refundable.

If your billing address is in the Commonwealth of Massachusetts at the time you close your Account, this policy will not apply to you.

If your account is cancelled and we re-open it at your request, we may charge you a $25 fee.

The Closing Date appears on each billing statement and is the last day of the billing period covered by the billing statement.

Qualifications & exceptions

• The refund depends on the 30-day window counted from the Closing Date of the statement showing the fee.
• The re-opening fee is written here as 'may charge'; Part 1's fee section states a $25 fee without 'may'.

Not stated here

• The agreement does not state what refund rule applies to Massachusetts billing addresses; it says only that this policy does not apply.

Account & Service Control · Permission or license

The issuer may add, modify or remove any benefit, feature or service at its discretion

The issuer has the right to add, modify or remove any benefit, feature or service included with or related to your Account at its discretion.

Supporting quotations

We have the right to add, modify or remove any benefit, feature or service included with or related to your Account at our discretion.

Not stated here

• The agreement does not describe notice before benefits change.