VISA BUSINESS CARDHOLDER AGREEMENT CARDHOLDER AGREEMENT
INTRODUCTION: You are entering into this Visa Business Cardholder Agreement (the 'Agreement) with us, under which we agree, subject to the terms and conditions of this Agreement, to lend you money for business, commercial, agricultural or governmental purposes through the use of credit cards ('Cards'). You promise to pay us back the money, plus any applicable interest charges and fees, in accordance with this Agreement. You borrow under this Agreement when an Employee uses or authorizes the use of a Card, even if he or she does not sign a purchase slip or other document for the transaction. If an Employee uses or authorizes the use of a Card number issued in connection with your Account without presenting a physical Card (such as for mail, telephone, or Internet purchases or 'virtual card' transactions), those transactions will be treated under this Agreement the same way as if the Employee used a physical Card in person. If your Employee lets someone else use his or her Card, the Company is responsible for all transactions that person makes with the Card until you tell us to disable the Card. The Company, by establishing an Account and authorizing Employee(s) to use Card(s), agrees to the terms and conditions set forth in this Agreement. MEANING OF TERMS: In this Agreement, including the Introduction above, 'we, 'us' and 'our' refer to UMB Bank, n.a. 'You' refers to the Company. The 'Company' means the business entity, business customer or INTRODUCTION: You are entering into this Visa Business Cardholder Agreement (the 'Agreement) with us, under which we agree, subject to the terms and conditions of this Agreement, to lend you money for business, commercial, agricultural or governmental purposes through the use of credit cards ('Cards'). You promise to pay us back the money, plus any applicable interest charges and fees, in accordance with this Agreement. You borrow under this Agreement when an Employee uses or authorizes the use of a Card, even if he or she does not sign a purchase slip or other document for the transaction. If an Employee uses or authorizes the use of a Card number issued in connection with your Account without presenting a physical Card (such as for mail, telephone, or Internet purchases or 'virtual card' transactions), those transactions will be treated under this Agreement the same way as if the Employee used a physical Card in person. If your Employee lets someone else use his or her Card, the Company is responsible for all transactions that person makes with the Card until you tell us to disable the Card. The Company, by establishing an Account and authorizing Employee(s) to use Card(s), agrees to the terms and conditions set forth in this Agreement. MEANING OF TERMS: In this Agreement, including the Introduction above, 'we, 'us' and 'our' refer to UMB Bank, n.a. 'You' refers to the Company. The 'Company' means the business entity, business customer or INTRODUCTION: In this document, the term 'Agreement' means this Cardholder Agreement and the disclosures found in our 'Important Cost Information about our Credit Card' insert that is included with your card carrier when your Card plastic is sent to you. In this Agreement, we call this 'Important Cost Information' insert our 'Account Opening Disclosures.' The terms 'we,' 'us' and 'our' refer to UMB Bank, n.a., which is your credit card issuer. The terms 'you' or 'your' mean each person who applies for a credit card that is used primarily for personal, family or household purposes, either as an applicant or a co-applicant, and to whom we issue a credit card pursuant to this Agreement. Those terms also apply to any person who has a current credit card Account with us that was issued primarily for personal, family, or household purposes. Your liability under this Agreement is joint and several, which means that each of you is liable to us for the full balance of the Account and all lawful interest, fees and charges, which may include any costs of collection, including our attorney's fees.
governmental entity that applies for or accepts a Card issued in connection with an Account. 'Employee' means the employee, agent or other person whose name is printed on a Card, along with the Company's governmental entity that applies for or accepts a Card issued in connection with an Account. 'Employee' means the employee, agent or other person whose name is printed on a Card, along with the Company's name, or who is identified by the Company as a person who is authorized to use a Card. OTHER IMPORTANT TERMS USED THROUGHOUT THIS AGREEMENT THE TERMS LISTED IN THE FAR-LEFT COLUMN BELOW HAVE THE MEANINGS SHOWN UNDER THE 'WHAT IT MEANS' COLUMN HEADING, WHEN THEY ARE USED THROUGHOUT THIS AGREEMENT. THE TERMS AND CONDITIONS OF THE AGREEMENT THAT ARE DIRECTLY RELATED TO THE DEFINED TERM ARE INCLUDED IN THE LAST TWO COLUMNS TO THE RIGHT. TERM WHAT IT MEANS YOUR RESPONSIBILITY OUR RESPONSIBILITY name, or who is identified by the Company as a person who is authorized to use a Card. OTHER IMPORTANT TERMS USED THROUGHOUT THIS AGREEMENT THE TERMS LISTED IN THE FAR-LEFT COLUMN BELOW HAVE THE MEANINGS SHOWN UNDER THE 'WHAT IT MEANS' COLUMN HEADING, WHEN THEY ARE USED THROUGHOUT THIS AGREEMENT. THE TERMS AND CONDITIONS OF THE AGREEMENT THAT ARE DIRECTLY RELATED TO THE DEFINED TERM ARE INCLUDED IN THE LAST TWO COLUMNS TO THE RIGHT. TERM WHAT IT MEANS YOUR RESPONSIBILITY OUR RESPONSIBILITY YOUR PROMISE TO PAY: You are entering into this Agreement with us, under which we agree, subject to the terms and conditions of the Agreement, to lend you money through the use of your Card, and you promise to pay back to us the money that we lend to you, plus any applicable interest charges and fees, in accordance with these terms and conditions. You borrow under this Agreement when you use a Card, even if you do not sign a purchase slip or other document for the transaction. If you use your Card number without presenting your actual Card (such as for mail, telephone, or Internet purchases), those transactions will be treated the same way as if you used the Card in person. If you let someone else use your Card, you are responsible for all transactions that person makes with your Card. Your obligation to repay us is the responsibility of your estate if you die. If you use a Card, you will have accepted this Agreement and agree be bound by it.
'Account' means one or more Visa account(s) 'Account' means one or more Visa account(s)
'Account' that the Company has established with us. 'Account' that the Company has established with us. OTHER IMPORTANT TERMS USED THROUGHOUT THIS AGREEMENT
'Control 'Control TERM
When you choose to have multiple Cards billed in a single Statement, that Account is called When you choose to have multiple Cards billed WHAT IT MEANS
You promise to keep your Account in good standing, such as by
You promise to keep your Account in good standing, such as by of this Agreement as long as your Account remains open or has making your payments on time, and to comply with the terms making your payments on time, and to comply with the terms a balance. a balance.
Credit Limit, and subject to any Individual Card Limit, through
We will give you access to your Account, up to the amount of your
We will give you access to your Account, up to the amount of your access devices, which may include Cards and/or your Account
Credit Limit, and subject to any Individual Card Limit, through number. But we may change your Credit Limit or Individual Card number. But we may change your Credit Limit or Individual Card OUR RESPONSIBILITY
access devices, which may include Cards and/or your Account of this Agreement as long as your Account remains open or has additional Advances at any time, even if you are not in default. We may additional Advances at any time, even if you are not in default. We may is discretionary with us, and we may cancel your right to obtain is discretionary with us, and we may cancel your right to obtain the Agreement.
Account” “Control Account” TERM · in a single Statement, that Account is called a Even in a single Statement, that Account is called a WHAT IT MEANS · balance. YOUR RESPONSIBILITY · Limit or close your Account as stated in this Agreement. number. But we may change your Credit Limit or Individual Card Limit or close your Account as stated in this Agreement. OUR RESPONSIBILITY
“Account Disclosures” “Account Disclosures” “Account” · “Control Account.” sible “Account Disclosures” mean either the information we send to the “Control Account” The Please a “Control Account.” Even sible “Account Disclosures” mean either the information we send to the “Control Account” The Please Your credit card account with us. · when you choose to have each Card billed separately for all Transactions made with that Card, the Company is still respon- for all Credit extended under individual Cards. Account Disclosures are an important part of this Agreement. keep them for your records. when you choose to have each Card billed separately for all Transactions made with that Card, the Company is still respon- for all Credit extended under individual Cards. Account Disclosures are an important part of this Agreement. keep them for your records. You promise to keep your Account in good standing, such as by making your payments on time, and to comply with the terms of this Agreement as long as your Account remains open or has a balance. · You may also be able to use your Cards through “digital wallets” that we provide access to or that others provide. There may be additional agreements that govern the digital wallets. We can change the rates and fees that apply to your Account. See the topic “ Changes to this Agreement ,” below. You may also be able to use your Cards through “digital wallets” that we provide access to or that others provide. There may be additional agreements that govern the digital wallets. We can change the rates and fees that apply to your Account. See the topic “ Changes to this Agreement ,” below. We will give you access to your Account, up to the amount of your Credit Limit, through access devices, which may include Cards or your Account number. But we may change your Credit Limit or close your Account as stated in this Agreement.
“Card” “Card” “Card” · that we apply to your Account on the date the Account is opened, or the additional page to the Card Carrier when you choose to have each Card billed separately for Card transactions that includes the interest rates, fees and limits that we apply to your Account on the date that the Account is opened. “Card” means any credit card associated with your Account, including all renewals and cards that we may issue to replace your current Card, for example, when you report your current Card as lost or stolen. “Card” may refer to any of the following: a Visa card in physical (e.g. plastic) form; a “virtual” card, which is a card number You to return request. Please receives that we apply to your Account on the date the Account is opened, or the additional page to the Card Carrier when you choose to have each Card billed separately for Card transactions that includes the interest rates, fees and limits that we apply to your Account on the date that the Account is opened. “Card” means any credit card associated with your Account, including all renewals and cards that we may issue to replace your current Card, for example, when you report your current Card as lost or stolen. “Card” may refer to any of the following: a Visa card in physical (e.g. plastic) form; a “virtual” card, which is a card number You to return request. Please receives Any credit card associated with your Account, including all renewals and cards that we may issue to replace your current Card, for example, when you report your current Card as lost or stolen. The term also means any other access device that we issue to you that may be used to access your Account to obtain credit, such as your Account number. The Card contains the name, logo or other identifying marks of a merchant or other company with whom we have entered into an agreement to sponsor the Card. · agree (1) to use your Cards only for lawful purposes, (2) not engage in any illegal transaction with your Cards, and (3) to the Cards to us or destroy them immediately upon our have your Employee sign the Card as soon as he or she it. A Card is valid during the dates provided on the front. agree (1) to use your Cards only for lawful purposes, (2) not engage in any illegal transaction with your Cards, and (3) to the Cards to us or destroy them immediately upon our have your Employee sign the Card as soon as he or she it. A Card is valid during the dates provided on the front. You agree (1) to use your Card only for lawful purposes, (2) not to engage in any illegal transaction with your Card, and (3) to return the Card to us or destroy it immediately upon our request. Please sign the reverse side of the Card as soon as you receive it. The Card is valid through the expiration date provided on the Card appearing as the “Good Thru” date. You agree to take reasonable steps to prevent the unauthorized use of your Card and Account. · Those changes will become part of the Agreement on the effective date of the changes. If you keep your Account in good standing and comply with this Agreement, we will honor Cards as provided in this Agreement. The Cards are and will remain our property. Those changes will become part of the Agreement on the effective date of the changes. If you keep your Account in good standing and comply with this Agreement, we will honor Cards as provided in this Agreement. The Cards are and will remain our property. If you keep your Account in good standing and comply with this Agreement, we will honor the Card as provided in this Agreement. The Card is and will remain our property.
“Advance” “Advance” “Advance” · that accesses your Account that does not come with a physical plastic card; or any other means of obtaining credit under your Account. You use “Advance” means any credit that we extend to you through your Account. The term “Advance” includes a Purchase Advance, a Cash Advance, or an Overdraft Advance. You you request that accesses your Account that does not come with a physical plastic card; or any other means of obtaining credit under your Account. You use “Advance” means any credit that we extend to you through your Account. The term “Advance” includes a Purchase Advance, a Cash Advance, or an Overdraft Advance. You you request Any credit that we extend to you through your Account for the purchase of goods or services from any merchant whose name appears on the Card issued in connection with the Account. We do not permit you to obtain Cash Advances or Balance Transfers through the Account. · agree to take reasonable steps to prevent the unauthorized of your Cards and Account. agree to repay all Advances made on your Account, whether request them or whether others who you have authorized the Advances. agree to take reasonable steps to prevent the unauthorized of your Cards and Account. agree to repay all Advances made on your Account, whether request them or whether others who you have authorized the Advances. You agree to repay all Advances made on your Account, whether you request it or whether others who you have authorized request the Advance. · We will honor Advances up to your Credit Limit and up to any applicable Individual Card Limit, subject to the terms set forth in this Agreement. Our obligation to makecredit available to you under this Agreement is discretionary with us, and wemaycancel your right to obtain We will honor Advances up to your Credit Limit and up to any applicable Individual Card Limit, subject to the terms set forth in this Agreement. Our obligation to make credit available to you under this Agreement We will honor Advances up to your Credit Limit, subject to the terms set forth in this Agreement. Our obligation to make credit available to you under this Agreement is discretionary with us, and we may cancel your right to obtain additional Advances at any time, even if you are not in default. We may decide not to make Advances that we believe may be fraudulent or for other reasons outlined in the Agreement.
decide not to authorize Advances that we believe may be fraudulent, or decide not to authorize Advances that we believe may be fraudulent, or for other reasons outlined in this Agreement. for other reasons outlined in this Agreement.
TABLE OF CONTENTS Introduction TABLE OF CONTENTS Introduction TABLE OF CONTENTS Introduction · Page 1 Page 1 Page 1
Fees and Charges Interest Charges Fees and Charges Fees and Charges · Page 3 Page 3 Page 3 Page 3
Account Features Interest Charges Account Features Interest Charges · Page 4 Page 3 Page 4 Page 3
Payments Payments Payments · Page 4 Page 4 Page 4
Default Default Default · Page 5 Page 5 Page 5
Other Important Information and Terms Other Important Information and Terms Other Important Information and Terms · Page 5 Page 5 Page 5
Your Billing Rights Your Billing Rights Your Billing Rights · Page 7 Page 7 Page 8
M-128782 M-128782 F03-AK85-9
Effective 09/1/19 Effective 09/1/19 Effective 03/23
