BlockFi Rewards Visa Signature Card Agreement
There are two parts to this Credit Card Agreement (the 'Agreement'): Rates and Fees Table and Consumer Card Agreement . The Rates and Fees Table shows the rates and fees for your credit card. The Agreement contains important information related to your credit card issued by Evolve Bank & Trust. Bank has agreed to lend you money as described in this Agreement, and you agree to pay us back together with interest charges and fees. Your use or activation of the Card and any transaction using the Card or Account indicates your acceptance of the terms of this Agreement. If any fee in the Rates and Fee Table is marked 'none,' the section of this Agreement that relates to that fee does not apply.
Rate and Fees Table
Interest Rates and Interest Charges
Annual Percentage Rate (APR)* for Purchases · 14.99% to 24.99%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
APR* for Cash Advances and Balance Transfers · N/A (neither Cash Advances nor Balance Transfers are available)
Paying Interest · Your due date is at least 23 days after the close of each billing cycle. Wewill not charge interest on new purchases, provided you have paid your previous balance in full by the due date each month.
Minimum Interest Charge · If you are charged interest, the charge will be no less than $1.00.
For Credit Card Tips from the Consumer Financial Protection Bureau · To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at: http://www.consumerfinance.gov/learnmore
*Variable APRs are accurate as of _________/21. When the Prime Rate changes, the resulting changes to variable APRs take effect as of the first day of the next billing period.
Fees
Annual Fee · $200
Transaction Fees ● Balance Transfer ● Cash Advance Fee ● Foreign Transaction Fee · N/A (Balance Transfers are not available) N/A (Cash Advances are not available) None.
Penalty Fees ● Late Payment ● Return Payment ● Over-the-credit-limit · Up to $25 Up to $37 None
Note: Your credit card is not eligible for balance transfers.
How We Will Calculate Balances: We use a method called 'average daily balance' (including new transactions). See How Do You Calculate the Interest Charge? below for more details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights are included in this Agreement. See Your Billing Rights section for full details.
Can You Change My Account Terms? We can change the terms of your credit card account as permitted by law. When required by law, we will send you notice before doing so.
How Do You Calculate Variable Rates? Variable APRs disclosed above are based on the Prime Rate + Margin (currently between 11.74% and 21.74%). Variable rates may change when the Prime Rate changes. We calculate the variable rate by adding a fixed percentage (known as the margin) to the Prime Rate, published in The Wall Street Journal two business days before the end of the Billing Cycle. If The Wall Street Journal does not publish the Prime Rate or changes the definition of the Prime Rate, we may choose to use a different, but similar, published rate from another source. If the Prime Rate changes at least two business days before the end of your current Billing Cycle, your new rate will take effect at the end of your Billing Cycle, otherwise the rate change will take place on your next Billing Cycle.
