Account & Service Control · Restriction or exception
Card availability depends on keeping an eligible Schwab account; the company may cancel the Card Account if you do not
The card is only available to you if you maintain an eligible account at Schwab. An eligible account means (1) a Schwab One or Schwab General Brokerage Account in your name or in the name of a revocable living trust where you are grantor and trustee, or (2) a Schwab Traditional, Roth or Rollover IRA that is not managed by an independent investment advisor under a direct contractual relationship with you. The company may cancel the Card Account and participation in the program if you do not maintain an eligible account. Eligibility is subject to change.
Details
Condition
Maintain an eligible Schwab account
What it does
The company may cancel the Card Account and program participation
Supporting quotations
The Charles Schwab Investor Credit Card® from American Express is only available to you if you maintain an eligible account at Schwab.
An eligible account means either (1) a Schwab One® or Schwab General Brokerage Account held in your name or in the name of a revocable living trust where you are the grantor and trustee or (2) a Schwab Traditional, Roth or Rollover IRA that is not managed by an independent investment advisor pursuant to a direct contractual relationship between you and such independent advisor. Eligibility is subject to change.
We may cancel your Charles Schwab Investor Credit Card® from American Express Card Account (Card Account) and participation in this program if you do not maintain an eligible account.
Not stated here
The text does not say whether the company gives notice or time to restore an eligible account before cancelling.
The criteria for the eligible account that "may change" are not stated.
Account & Service Control · Restriction or exception
Plans, cash advances and balance transfers are at the company's discretion; no transfers from its own accounts
The company may, at its discretion, permit you to create plans, make cash advances or make balance transfers. You cannot transfer balances from any other account issued by the company or its affiliates.
Details
What it does
The company may permit plans, cash advances or balance transfers
Exception
No transfer from accounts issued by the company or its affiliates
Supporting quotations
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.
Not stated here
The text does not say which Accounts, if any, are currently offered balance transfers.
Account & Service Control · Restriction or exception
The company may decline a charge for various reasons, even within the limit, and is not responsible for resulting losses
The company 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 the Credit Limit and even if the Account is not in default. It is not responsible for losses if it does not authorize a charge or if a merchant refuses to accept the Card.
Details
What it does
May decline to authorize a charge
Exception
Not responsible for losses if a charge is not authorized or a merchant refuses 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.
Not stated here
The reasons beyond fraud suspicion and creditworthiness are not listed.
Account & Service Control · Company practice
Additional Cards: issued at your request, usable under the Agreement, and their use may be reported to credit agencies
The company may issue additional Cards on your Account at your request. Additional Card Members can use the Account subject to the Agreement, and the company may report their use of the Account to credit reporting agencies. If an Annual Fee applies to Additional Cards, it is shown on page 2 of Part 1.
Details
What it does
The company may issue additional Cards and report their use to credit reporting agencies
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.
Qualifications & exceptions
This Card's table and Fees section list the Annual Fee for Additional Cards as None.
You are responsible for Additional Card Members' use and authorize the company to share Account information with them
You are responsible for all use of the Account by Additional Card Members and anyone they allow to use it, and you must pay for all charges made. You authorize the company to give Additional Card Members information about your Account and to discuss it with them. You contact the company if you want to cancel an Additional Card Member's ability to use the Account. If an Annual Fee applies for an Additional Card, the refund policy in the Closing or suspending your Account section of Part 3 applies, and if a single Annual Fee applies to a group of Additional Cards, that policy applies when you cancel the Additional Card on which the fee was assessed.
Details
Who
You, the Primary Card Member
What it does
Authorize the company to share Account information with Additional Card Members
What it does
Contact the company to cancel an Additional Card Member's ability to use the Account
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.
Qualifications & exceptions
The annual fee refund policy applies only if an Annual Fee applies; the Annual Fee for Additional Cards on this Card is listed as None.
The company may add, change or remove any benefit, feature or service at its discretion
The company has the right to add, modify or remove any benefit, feature or service included with or related to your Account at its discretion.
Details
Who
The company
What it does
May add, modify or remove any benefit, feature or service 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 text does not say whether notice is given before a benefit is changed or removed.
Account & Service Control · User right or choice
You must notify the company immediately of changes to your address, email or phone, for each Account
You must notify the company immediately if you change your mailing address, email address or telephone number. If you have more than one Account you need to notify it separately for each Account. The company may update your billing address if it receives information that it has changed or is incorrect.
Details
Who
You
What it does
Notify the company immediately of changes; the company may update your billing address
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 source of the information the company may use to update a billing address is not specified.
Account & Service Control · User right or choice
You can close the Account by call or letter; an annual fee is refundable only within 30 days (not in Massachusetts)
You may close the Account by calling or writing to the company. If an Annual Fee applies, the company refunds it if you notify it that you are voluntarily closing the Account within 30 days after the Closing Date of the billing statement on which that fee appears. After that 30-day period the Annual Fee is non-refundable. If your billing address is in the Commonwealth of Massachusetts when you close the Account, this refund policy does not apply to you. If the Account is cancelled and the company re-opens it at your request, it may charge a $25 fee.
Details
What it does
Close the Account by calling or writing
When
Within 30 days after the Closing Date of the statement showing the Annual Fee
Where
Billing address in the Commonwealth of Massachusetts: refund policy does not apply
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.
Qualifications & exceptions
This Card's Annual Fee is listed as None, so the refund rule applies only if an Annual Fee applies.
The Fees section lists the Account re-opening fee as $25; this paragraph says the company "may charge" $25.
Cross-references
qualifies (model-proposed): No annual fee, including for additional cards — The annual fee refund rule applies only if an Annual Fee applies, which it does not while the Annual Fee is None.
contrast (model-proposed): Account re-opening fee: $25 — The Fees section states a $25 re-opening fee; the Part 3 paragraph says the company "may charge" $25. The source does not reconcile the two wordings.