Bangor Savings Bank Credit Card Agreement
This Bangor Savings Bank Credit Card Agreement ('Card Agreement') is your contract with us and governs the use of your Account issued by Bangor Savings Bank. This Card Agreement includes the Pricing Disclosures that apply to your Account, our Privacy Policy, any brochure describing benefits provided by Mastercard, all disclosures and materials provided to you before and when you applied for and/or opened your Account, and any supplements or amendments to this Card Agreement. You accept this Card Agreement if you or an Authorized User activate a Card or use the Account or a Card.
PLEASE READ THIS CARD AGREEMENT CAREFULLY. THIS CARD AGREEMENT IS SUBJECT TO MANDATORY ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT, AND INCLUDES A WAIVER OF CLASS ACTION AND JURY TRIAL PROVISION, UNLESS YOU ARE A 'COVERED BORROWER' PROTECTED BY THE MILITARY LENDING ACT OR UNLESS YOU PROMPTLY OPT OUT OF THE ARBITRATION AGREEMENT. THE AGREEMENT TO ARBITRATE REQUIRES THAT YOU SUBMIT CLAIMS YOU HAVE AGAINST US TO BINDING AND FINAL ARBITRATION, AND FURTHER (1) YOU WILL ONLY BE PERMITTED TO PURSUE CLAIMS AND RELIEF AGAINST US ON AN INDIVIDUAL BASIS, NOT AS A PLAINTIFF, REPRESENTATIVE OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE ACTION OR PROCEEDING, AND (2) YOU MAY NOT BE ABLE TO HAVE ANY CLAIMS YOU HAVE AGAINST US RESOLVED BY A JURY OR IN A COURT OF LAW.
Definitions. The following terms in this Card Agreement have the meanings set forth below. The definitions of other terms not included below can be found within this Card Agreement.
' Account ': Your credit card account, identified in your Pricing Disclosures.
' Authorized User ': Any person who you and we authorize to make Transactions on your Account after you give us that person's name as an authorized user.
' Balance Transfer ': The transfer of a balance from another credit account to your Account.
' Billing Cycle ': The period of time between each date when we create a Statement for your Account.
' Business Day ': Monday through Friday, except for federal holidays, and any other holiday on which banks in Maine are permitted to be closed. All references to 'days' mean calendar days unless otherwise provided.
' Card ': One or more cards or other devices (including an Account number) that we issue or otherwise provide to access your Account to obtain credit.
' Cash Advance ': Use of your Card or Account to get cash or what we consider a cash equivalent. Examples include: a transfer of funds via the Automated Clearing House ('ACH') to a deposit account initiated by us at your request; ATM withdrawals from a U.S. ATM that honors Mastercard credit cards; over-the-counter withdrawals obtained at a financial institution; money orders; wire transfers; traveler's checks; foreign currency; lottery tickets; gaming chips and other methods used for gambling, wagers and other betting transactions; cryptocurrency; and person-to-person money transfers.
' Closing Date ': The last day of each Billing Cycle.
' New Balance ': The total outstanding and unpaid balance you owe on your Account as of the Closing Date of each Billing Cycle.
' Online Banking ': The banking services provided and made available by us through a website or mobile application that we make available, pursuant to our BANGOR ONLINE INTERNET BANKING AGREEMENT and any other terms and conditions governing your use of our website, mobile application, virtual cards, or other electronic means of access to banking services we provide to you. For the avoidance of doubt, Online Banking does not include any third-party application, website, virtual wallet, or other service through which you access our banking services but which is not provided by or on behalf of Bangor Savings Bank.
