CARD AGREEMENT This document and the accompanying card carrier together make up your Card Agreement and throughout this document are referred to as Agreement or Card Agreement. The card carrier contains information about the amount of any membership fee. Please read and keep these documents for your records. This Agreement is binding on you unless you cancel your account within 30 days after receiving the card and you have not used or authorized use of your account. To simplify this Agreement for you, the following definitions will apply. The words you, your, and yours mean all persons responsible for complying with this Agreement, including the person who applied to open the account and the person to whom we address billing statements. The word card means one or more cards or other access devices, such as account numbers, that we have issued to permit you to obtain credit under this Agreement. The words we, us, and our mean Citibank� (South Dakota), N.A., the issuer of your account. The words authorized user mean any person to whom you give permission to use your account. Using Your Account and Your Credit Line: The card must be signed to be used. Whether you sign the card or not, you are fully responsible for complying with all the terms of this Agreement, including the obligation to pay us for all balances due on your account as specified in this Agreement. Your card must only be used for lawful transactions and may not be used to purchase goods or services for resale. Your card can be used to buy or lease goods or services wherever the card is honored. Your account has no pre-set spending limit for purchases. Your purchases will be evaluated based on your spending and payment patterns and your personal resources. With the Club Cash� feature, your card can be used to obtain cash through any bank or automated teller machine that accepts the card, subject to your cash advance limit. At our discretion, we may change your cash advance limit at any time. We will notify you of any new limit either by sending you a notice or through your billing statement. A change may take effect before you receive notification from us. Additional Cards: You may request additional cards on your account for yourself or others and you may permit an authorized user to have access to the card or account number. However, if you do, you must pay us for all charges made by those persons, including charges for which you may not have intended to be responsible. You must notify us to revoke an authorized user�s permission to use your account. If you do so, we may close the account and issue a new card or cards with a different account number. You are responsible for the use of each card issued on your account according to the terms of this Agreement. Membership Fee: The membership fee is $300 for the primary card and $150 for each additional card. The fee is non-refundable unless you notify us to cancel your account within 30 days from the mailing or delivery date of the billing statement on which the fee is billed. Billing: Your billing statement shows the total due, any finance charges, fees, and the payment due date. It also shows your current cash advance limit; an itemized list of current charges, payments and credits; a finance charge summary; and other important information. If we deem your account uncollectible or if we institute delinquency collection proceedings by sending it to an outside collection agency or attorney for collection, we may, in our sole discretion, stop sending you billing statements. However, finance charges and fees will continue to accrue whether or not we send you billing statements. You must notify us of a change in your address by contacting Customer Service by telephone or mail. We will mail or deliver the billing statement to only one address. How We Determine the Balance: The total outstanding balance (the amount you owe us) appears as the �New Balance� on the billing statement. To determine the New Balance, we begin with the outstanding balance on your account at the beginning of each billing period, called the �Previous Balance� on the billing statement. We add any purchases, cash advances, or transfers to Club Plus Account offers, and subtract any credits or payments credited as of that billing period. We then add the appropriate finance charges and fees and make other applicable adjustments. Club Plus Account Feature: At our discretion, we may offer you the Club Plus Account feature. This feature offers the payment flexibility to transfer eligible portions of your balance to a Club Plus Account offer. If your account has this feature, your billing statement will show the Club Plus Credit Limit, Available Club Plus Credit Limit, and Club Plus Minimum Payment. If portions of your balance are eligible for transfer to this feature, your billing statement will include a coupon to exercise this feature and directions for use. In order to be posted as of a particular day, a transfer must be received in the form specified and by the hour specified on your billing statement. Transactions may not be eligible for transfer until they appear on your billing statement. We may make different offers open for eligible transfers at different times. The period of time during which a particular offer is open to transfer additional balances may be limited. Any Club Plus Account offer will be subject to the terms of the offer and this Agreement. Annual Percentage Rate for Club Plus Account Balances: Each Club Plus Account offer will disclose the annual percentage rate and the corresponding daily periodic rate. A daily periodic rate is the applicable annual percentage rate divided by 365. The offer will also disclose whether or not the annual percentage rate is based on the U.S. Prime Rate plus a margin and if it is based on a margin, the amount of the margin. Variable Annual Percentage Rates for Club Plus Account Balances: If any annual percentage rate is based on the U.S. Prime Rate plus a margin, we will calculate the rate for each billing period by adding the applicable margin to the U.S. Prime Rate (rounded to the nearest .25%). For billing periods beginning in May through October, we will use the U.S. Prime Rate published in The Wall Street Journal on the first business day of the immediately preceding March. For billing periods beginning in November through April, we will use the U.S. Prime Rate published in The Wall Street Journal on the first business day of the immediately preceding September. Any increase or decrease in a variable annual percentage rate due to a change in the U.S. Prime Rate takes effect as of the first day of the billing period for which we calculate the variable annual percentage rate. If more than one U.S. Prime Rate is published, we will use an average of the highest and lowest rate. If The Wall Street Journal ceases publication or to publish the U.S. Prime Rate, we may use the U.S. Prime Rate published in any other newspaper of general circulation, or we may substitute a similar reference rate at our sole discretion. When a change in an applicable variable annual percentage rate takes effect we will apply it to any existing balances, subject to any promotional rate that may apply. An increase in the variable annual percentage rate means you will incur a higher finance charge and perhaps a higher minimum payment. Finance Charges for Club Plus Account Balances: Finance charges on amounts transferred to the Club Plus Account feature will begin to accrue from the date the amount is added to the daily balance of a Club Plus Account offer, as described below, and continue to accrue until payment in full is credited to your account. We will calculate finance charges separately for each Club Plus Account offer as follows: � We figure a portion of the finance charge on your account by multiplying the daily balance on each offer by the applicable daily periodic rate and separately adding together any such finance charges for each offer for each day in the billing period. � For finance charge calculation purposes, the billing period begins on the day after the Statement/Closing Date of the previous billing period and includes the Statement/Closing Date of the current billing period. The number of days in the billing period may vary. � To get the daily balance of an offer, we take the beginning balance for the offer every day (which may include unpaid finance charges from previous billing periods), add any new transfers to that offer, and any finance charge on the previous day�s balance, subtract any credits or payments credited as of that day, and make other adjustments. A credit balance is treated as a balance of zero. � We add a new transferred amount to the appropriate offer as of the Post Date shown on your billing statement. The Balances Subject to Finance Charge on the billing statement are the averages of the respective daily balances during the billing period. If you multiply this figure for each offer by the number of days in the billing period and by the applicable daily periodic rate, the result will be the periodic rate finance charges assessed for that offer, except for minor variations caused by rounding. This method of calculating the balance subject to finance charge and the periodic rate finance charges results in daily compounding of finance charges. Club Plus Account Minimum Finance Charge: If finance charges based on periodic rates are being added to your account, but the total of such finance charges for all Club Plus Account offers is less than $.50, we assess a minimum FINANCE CHARGE, based on periodic rates, of $.50. We add the amount to the offer that is being assessed a finance charge. If more than one offer is assessed a finance charge, we may add the minimum finance charge to any such offer at our discretion. Club Plus Minimum Payment: Each month you must pay a Club Plus Minimum Payment which is the sum of the minimum payment for each Club Plus Account offer. For each Club Plus Account offer the minimum payment is the largest of the following: � The amount of the billed finance charges for that Club Plus Account offer; � The balance for that Club Plus Account offer shown on the billing statement if it is less than $20; � $20 if the balance for that Club Plus Account offer is at least $20; or � The specified fraction of the balance for that Club Plus Account offer (which calculation is rounded down to the nearest dollar). This fraction is specified on the Club Plus Account offer. The Club Plus Minimum Payment shown on the billing statement is the total of the minimum payments for each of the Club Plus Account offers shown on the statement. Transaction Fee for Club Cash: You have obtained a cash advance for which we assess a cash advance transaction fee if you obtain funds from an automated teller machine (ATM), through home banking, or through a financial institution; make a wire transfer; acquire a money order, traveler�s check, lottery ticket, betting or casino chip, or similar item; or engage in another similar transaction. For each cash advance, we add an additional FINANCE CHARGE of 4.0% of the advance, but not less than $4. This fee will be added to the appropriate advance balance with the cash advance. (The amount of the cash advance may include a surcharge that the ATM owner imposes.) Credit Balance: We will return to you any credit amount over $1.00 if the amount has been on your account longer than three months. You may request a refund of a credit balance at any time. We may reduce the amount of any credit balance by the amount of new charges billed to your account. Transaction Fee for Purchases Made in Foreign Currencies: For each purchase made in a foreign currency, we add to your account an additional FINANCE CHARGE of 3.0% of the amount of the purchase after its conversion into U.S. dollars. Information on Foreign Currency Conversion Procedures: If you make a purchase in a foreign currency or obtain a Club Cash� advance in a foreign currency, other than a Club Cash advance made at a branch or ATM of one of our Citi� affiliates, MasterCard� will convert the amount into U.S. dollars. MasterCard will act in accordance with their operating regulations or foreign currency conversion procedures then in effect. MasterCard currently uses a conversion rate in effect one day prior to its transaction processing date. Such rate is either a wholesale market rate or the governmentmandated rate. If a cash advance is made in a foreign currency at a branch or ATM of one of our Citi affiliates, the amount will be converted into U.S. dollars by a Citi affiliate in accordance with its foreign currency conversion procedures then in effect. Our Citi affiliate currently uses a conversion rate in effect on its applicable processing date. Such rate is either a midpoint market rate or the government-mandated rate. The foreign currency conversion rate in effect on the applicable processing date for a transaction may differ from the rate in effect on the sale or posting date on your billing statement for that transaction. Total Due: Each month you must pay the Total Due that is shown on your billing statement. If you do not have a Club Plus Account balance, your Total Due equals the New Balance. If you have a Club Plus Account balance, your Total Due equals: � any Past Due balance that is shown on your billing statement; � plus any Club Plus Account amount in excess of your Club Plus Credit Limit; � plus your Club Plus Minimum Payment; � plus any purchases, cash advances, or fees (including transaction fee finance charges) posted as of that billing period; � minus any credits, other than Club Plus Activator credits, posted as of that billing period; and � plus or minus any applicable adjustments. Payments: You must pay the Total Due by the payment due date, and you may pay more at any time without a penalty. We will allocate your payments and credits to pay off balances that are not subject to a periodic rate (such as purchases and Club Cash) before paying off Club Plus Account� offers. Different Club Plus Account offers may be subject to different rates. We will allocate your payments and credits to pay off Club Plus Account offers at low periodic rates before paying off Club Plus Account offers at higher periodic rates. The sooner you pay the New Balance, the less you will pay in finance charges. Instructions for making payments are on your billing statement. In order to be credited as of a particular day, your payment must be received in the form specified, and by the hour specified, in those instructions. Do not send cash payments. We can accept late or partial payments, as well as payments that reflect �paid in full� or other restrictive endorsements, without losing any of our rights under this Agreement. You agree to pay us in U.S. dollars drawn on funds on deposit in the United States using a payment check, similar instrument, or automatic debit that will be processed and honored by your bank. We reserve the right to accept payments made in foreign currency and instruments drawn on funds on deposit outside the United States. If we do, we will select the effective currency conversion rate at our discretion and credit your account in U.S. dollars after deducting any fees or costs incurred in connection with processing your payment. If such fees or costs are not fully deducted at the time your account is credited for a payment, we will bill you separately for them. Optional Telephone Payment Service: You may request to make your payment by phone using our optional telephone payment service. Each time you make such a request, you agree to pay us the amount shown in the section entitled �Telephone Payment�on the back of the billing statement. Our representatives are trained to tell you this amount if you decide to use this optional telephone payment service. Late Fee and Delinquency Fee: Any portion of the Total Due from a previous billing period that remains unpaid will appear as a Past Due balance on the current billing statement. We will impose a delinquency fee of $30 each time the oldest portion of a Total Due balance is included in a Past Due balance for the first time and the Past Due balance is more than $80.00. In addition, we will impose a late fee of 2.5% of the entire Past Due balance each time any portion of a Total Due balance is included in a Past Due balance and the Past Due balance is more than $80.00. Returned Payment Fee: We will add a $29 fee to the account when a payment check or similar instrument is not honored, when we must return it because it cannot be processed, or when an automatic debit is returned unpaid. At our option, we will assess this fee the first time your check or payment is not honored, even if it is honored upon resubmission. Lost or Stolen Cards or Account Numbers: If any card or account number is lost or stolen, or if you think someone used or may use them without your permission, notify us at once by calling the Customer Service telephone number shown on the billing statement or the number obtained by calling toll-free or local Directory Assistance. We may require you to provide certain information in writing to help us find out what happened, and to comply with such procedures as we may require in connection with our investigation. Don�t use the card or account number after we�ve been notified, even if they are found or returned. You may be liable for unauthorized use of the account, but not for more than $50. You won�t be liable for unauthorized purchases or cash advances made after we�ve been notified of the loss or the theft; however, you must identify for us the charges on the billing statement that were not made by you, or someone authorized by you, and from which you received no benefit. Default: You default under this Agreement if you fail to pay, by its due date, the Total Due listed on each billing statement; file for bankruptcy; pay by a check or similar instrument that is not honored or that we must return because it cannot be processed; pay by automatic debit that is returned unpaid; or default under any other Card Agreement that you have with us. If you default, we may close your account and demand immediate payment of the total balance. Preauthorized Charges: If you default, if the card is lost or stolen, or we change your account or account number for any reason, we may suspend automatic charges on that account to third party vendors for insurance premiums or other goods or services. If preauthorized charges are suspended, you must contact the third party vendor to reinstate them. You are responsible for making direct payment for such charges until you reinstate automatic charges. Collection Costs: If we refer collection of your account to a lawyer who is not our salaried employee, you will be liable for any reasonable attorney�s fees we incur, plus the costs and expenses of any legal action, to the extent permitted by law. ARBITRATION PLEASE READ THIS PROVISION OF THE AGREEMENT CAREFULLY. IT PROVIDES THAT ANY DISPUTE MAY BE RESOLVED BY BINDING ARBITRATION. ARBITRATION REPLACES THE RIGHT TO GO TO COURT, INCLUDING THE RIGHT TO A JURY AND THE RIGHT TO PARTICIPATE IN A CLASS ACTION OR SIMILAR PROCEEDING. IN ARBITRATION, A DISPUTE IS RESOLVED BY AN ARBITRATOR INSTEAD OF A JUDGE OR JURY. ARBITRATION PROCEDURES ARE SIMPLER AND MORE LIMITED THAN COURT PROCEDURES. Agreement to Arbitrate: Either you or we may, without the other�s consent, elect mandatory, binding arbitration for any claim, dispute, or controversy between you and us (called �Claims�). Claims Covered: � What Claims are subject to arbitration? All Claims relating to your account, a prior related account, or our relationship are subject to arbitration, including Claims regarding the application, enforceability, or interpretation of this Agreement and this arbitration provision. All Claims are subject to arbitration, no matter what legal theory they are based on or what remedy (damages, or injunctive or declaratory relief) they seek. This includes Claims based on contract, tort (including intentional tort), fraud, agency, your or our negligence, statutory or regulatory provisions, or any other sources of law; Claims made as counterclaims, cross-claims, third-party claims, interpleaders or otherwise; and Claims made independently or with other claims. A party who initiates a proceeding in court may elect arbitration with respect to any Claim advanced in that proceeding by any other party. Claims and remedies sought as part of a class action, private attorney general or other representative action are subject to arbitration on an individual (non-class, non-representative) basis, and the arbitrator may award relief only on an individual (non-class, nonrepresentative) basis. � Whose Claims are subject to arbitration? Not only ours and yours, but also Claims made by or against anyone connected with us or you or claiming through us or you, such as a co-applicant or authorized user of your account, an employee, agent, representative, affiliated company, predecessor or successor, heir, assignee, or trustee in bankruptcy. � What time frame applies to Claims subject to arbitration? Claims arising in the past, present, or future, including Claims arising before the opening of your account, are subject to arbitration. � Broadest interpretation. Any questions about whether Claims are subject to arbitration shall be resolved by interpreting this arbitration provision in the broadest way the law will allow it to be enforced. This arbitration provision is governed by the Federal Arbitration Act (the �FAA�). � What about Claims filed in Small Claims Court? Claims filed in a small claims court are not subject to arbitration, so long as the matter remains in such court and advances only an individual (non-class, non-representative) Claim. How Arbitration Works: � How does a party initiate arbitration? The party filing an arbitration must choose one of the following two arbitration firms and follow its rules and procedures for initiating and pursuing an arbitration: American Arbitration Association or National Arbitration Forum. Any arbitration hearing that you attend will be held at a place chosen by the arbitration firm in the same city as the U.S. District Court closest to your then current billing address, or at some other place to which you and we agree in writing. You may obtain copies of the current rules of each of the arbitration firms and forms and instructions for initiating an arbitration by contacting them as follows: American Arbitration Association 1633 Broadway, Floor 10 New York, NY 10019 website: www.adr.org National Arbitration Forum P.O. Box 50191 Minneapolis, MN 55405 website: www.arbitration-forum.com At any time you or we may ask an appropriate court to compel arbitration of Claims, or to stay the litigation of Claims pending arbitration, even if such Claims are part of a lawsuit, unless a trial has begun or a final judgment has been entered. Even if a party fails to exercise these rights at any particular time, or in connection with any particular Claims, that party can still require arbitration at a later time or in connection with any other Claims. � What procedures and law are applicable in arbitration? A single, neutral arbitrator will resolve Claims. The arbitrator will be either a lawyer with at least ten years experience or a retired or former judge, selected in accordance with the rules of the arbitration firm. The arbitration will follow procedures and rules of the arbitration firm in effect on the date the arbitration is filed unless those procedures and rules are inconsistent with this Agreement, in which case this Agreement will prevail. Those procedures and rules may limit the discovery available to you or us. The arbitrator will take reasonable steps to protect customer account information and other confidential information if requested to do so by you or us. The arbitrator will apply applicable substantive law consistent with the FAA and applicable statutes of limitations, will honor claims of privilege recognized at law, and will have the power to award to a party any damages or other relief provided for under applicable law. You or we may choose to have a hearing and be represented by counsel. The arbitrator will make any award in writing and, if requested by you or us, will provide a brief statement of the reasons for the award. An award in arbitration shall determine the rights and obligations between the named parties only, and only in respect of the Claims in arbitration, and shall not have any bearing on the rights and obligations of any other person, or on the resolution of any other dispute. � Who pays? Whoever files the arbitration pays the initial filing fee. If we file, we pay; if you file, you pay, unless you get a fee waiver under the applicable rules of the arbitration firm. If you have paid the initial filing fee and you prevail, we will reimburse you for that fee. If there is a hearing, we will pay any fees of the arbitrator and arbitration firm for the first day of that hearing. All other fees will be allocated as provided by the rules of the arbitration firm and applicable law. However, we will advance or reimburse your fees if the arbitration firm or arbitrator determines there is good reason for requiring us to do so, or if you ask us and we determine there is good reason for doing so. Each party will bear the expense of that party�s attorneys, experts, and witnesses, and other expenses, regardless of which party prevails, but a party may recover any or all expenses from another party if the arbitrator, applying applicable law, so determines. � Who can be a party? Claims must be brought in the name of an individual person or entity and must proceed on an individual (non-class, non-representative) basis. The arbitrator will not award relief for or against anyone who is not a party. If you or we require arbitration of a Claim, neither you, we, nor any other person may pursue the Claim in arbitration as a class action, private attorney general action or other representative action, nor may such Claim be pursued on your or our behalf in any litigation in any court. Claims, including assigned Claims, of two or more persons may not be joined or consolidated in the same arbitration. However, applicants, co-applicants, authorized users on a single account and/or related accounts, or corporate affiliates are here considered as one person. � When is an arbitration award final? The arbitrator�s award is final and binding on the parties unless a party appeals it in writing to the arbitration firm within fifteen days of notice of the award. The appeal must request a new arbitration before a panel of three neutral arbitrators designated by the same arbitration firm. The panel will consider all factual and legal issues anew, follow the same rules that apply to a proceeding using a single arbitrator, and make decisions based on the vote of the majority. Costs will be allocated in the same way they are allocated for arbitration before a single arbitrator. An award by a panel is final and binding on the parties after fifteen days has passed. A final and binding award is subject to judicial review and enforcement as provided by the FAA or other applicable law. Survival and Severability of Terms: This arbitration provision shall survive: (i) termination or changes in the Agreement, the account, or the relationship between you and us concerning the account; (ii) the bankruptcy of any party; and (iii) any transfer, sale or assignment of your account, or any amounts owed on your account, to any other person or entity. If any portion of this arbitration provision is deemed invalid or unenforceable, the entire arbitration provision shall not remain in force. No portion of this arbitration provision may be amended, severed, or waived absent a written agreement between you and us. Credit Reporting: We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected on your credit report. If you request additional cards on your account for others, you understand that we may report account information in your name as well as in the names of those other people. We may also obtain follow-up credit reports on you (for example, when we review your account for a credit line increase). If you wish to know the names of the agencies we have contacted, write us at the Customer Service address listed on the billing statement. We will try to notify you by telephone or by mail of any legal process served on us in order to give you an opportunity to object to it, unless the law prohibits the notice. If you think we reported erroneous information to a credit reporting agency, write us at the Customer Service address listed on the billing statement. We will promptly investigate the matter and if our investigation shows you are right, we will contact each credit reporting agency to whom we reported and will request they correct the report. If we disagree with you after our investigation, we will tell you in writing or by telephone and instruct you how to submit a statement of your position to those agencies. Your statement will become a part of your credit record with them. Telephone Monitoring and Recording: From time to time we may monitor and record your telephone calls regarding your account with us to assure the quality of our service. Closing Your Account: You may close your account at any time by notifying us in writing. However, you remain responsible to pay the total balance according to the terms of this Agreement. We may close your account or suspend your account privileges at any time for any reason without prior notice. We may also reissue a different card, account number, or different checks at any time. You must return the card or the checks to us upon request. Refusal of the Card: We are not responsible if a transaction on your account is not approved, either by us or by a third party, even if you have sufficient credit available. We may limit the number of transactions that may be approved in one day. If we detect unusual or suspicious activity on your account, we may temporarily suspend your credit privileges until we can verify the activity. Changing this Agreement: We may change the rates, fees, and terms of this Agreement at any time for any reason. These reasons may be based on information in your credit report, such as your failure to make payments to another creditor when due, amounts owed to other creditors, the number of credit accounts outstanding, or the number of credit inquiries. These reasons may also include competitive or market-related factors. Changing terms includes adding, replacing, or deleting provisions relating to your account and to the nature, extent, and enforcement of the rights and obligations you or we may have relating to this Agreement. These changes are binding on you. However, if the change will cause a fee, rate, or minimum payment to increase, we will mail you written notice at least 15 days before the beginning of the billing period in which the change becomes effective. If you do not agree to the change, you must notify us in writing within 25 days after the effective date of the change and pay us the total balance, either at once or under the terms of the unchanged Agreement. Unless we notify you otherwise, use of the card after the effective date of the change shall be deemed acceptance of the new terms, even if the 25 days have not expired. Enforcing this Agreement: We can delay in enforcing or fail to enforce any of our rights under this Agreement without losing them. Assignment: We reserve the right to assign any or all of our rights and obligations under this Agreement to a third party. Applicable Law: The terms and enforcement of this Agreement shall be governed by federal law and the law of South Dakota, where we are located. What To Do If There�s An Error In Your Bill. Your Billing Rights. Keep This Notice For Future Use: This notice contains important information about your rights and our responsibilities under the Fair Credit Billing Act. Notify Us In Case of Errors or Questions About Your Bill: If you think your billing statement is wrong, or if you need more information about a transaction on your billing statement, write to us (on a separate sheet) at the address provided in the Billing Rights Summary portion on the back of your billing statement. Write to us as soon as possible. We must hear from you no later than 60 days after we sent you the first billing statement on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, give us the following information: � Your name and account number. � The dollar amount of the suspected error. � Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe the item you are not sure about. � Please sign your letter. If you have authorized us to pay your credit card bill automatically from your savings or checking account, you can stop the payment on any amount you think is wrong. To stop the payment you must tell us at least three business days before the automatic payment is scheduled to occur. Your Rights and Our Responsibilities After We Receive Your Written Notice: We must acknowledge your letter within 30 days, unless we have corrected the error by then. Within 90 days, we must either correct the error or explain why we believe your billing statement was correct. After we receive your letter, we cannot try to collect any amount you question, or report your account as delinquent. We can continue to bill you for the amount you question, including finance charges, and we can apply any unpaid amount against your credit line. You do not have to pay any questioned amount while we are investigating, but you are still obligated to pay the parts of your balance that are not in question. If we find that we made a mistake on your billing statement, you will not have to pay any finance charges related to any questioned amount. If we didn�t make a mistake, you may have to pay finance charges, and you will have to make up any missed payments on the questioned amount. In either case, we will send you a statement of the amount you owe and the date it is due. If you fail to pay the amount that we think you owe, we may report you as delinquent. However, if our explanation does not satisfy you and you write to us within 10 days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your bill. And, we must tell you the name and address of anyone to whom we reported your account information. We must tell anyone we report you to that the matter has been settled between us when it is finally settled. If we don�t follow these rules, we can�t collect the first $50 of the questioned amount, even if your billing statement was correct. Special Rule for Credit Card Purchases: If you have a problem with the quality of property or services that you purchased with a credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the property or services. There are two limitations on this right: � You must have made the purchase in your home state or, if not within your home state, within 100 miles of your current address; and � The purchase price must have been more than $50. These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the property or services. � 2010 Citibank (South Dakota), N.A. 76501 02/10 Pricing Information Table Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 0% up to 25% Some APRs may vary with the market based on the Prime Rate. APR for Cash Advances 0% up to 25% Some APRs may vary with the market based on the Prime Rate. Paying Interest Your due date is at least 20 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances on the transaction date. Minimum Interest Charge If you are charged interest, the charge will be no less than 50 cents. Method of computing the balance Average Daily Balance Fees Annual Fee $300 for the primary card and $150 for each additional card Transaction Fees � Cash Advance � Foreign Purchase Transaction Either $4 or 4% of the amount of each cash advance, whichever is greater. 3% of each purchase transaction in US dollars. Penalty Fees � Delinquency/Late Fee $30 and 2.5% on balances of $80 and over � Returned Payment Fee $29 Details About Your Interest Rates and Interest Calculations Daily Periodic Rate For variable rates: U.S. Prime Rate Plus Purchases 0% up to 0.0849% 0% up to 21.75% Cash Advances 0% up to 0.0849% 0% up to 21.75% APRs Based on Prime. If any APR is based on the U.S. Prime Rate (�Prime Rate�), the APR will equal the Prime Rate plus the additional amount shown above. If the Prime Rate increases, it will cause the APR to increase. If the Prime Rate decreases, it will cause the APR to decrease. For billing periods beginning in May through October, we will use the U.S. Prime Rate published in The Wall Street Journal on the first business day of the immediately preceding March. For billing periods beginning in November through April, we will use the U.S. Prime Rate published in The Wall Street Journal on the first business day of the immediately preceding September. If the Prime Rate changes any APR, we put the new APR into effect as of the first day of the billing cycle for which we calculate the APR. We apply the new APR to any existing balances, subject to any promotional rate that may apply. If The Wall Street Journal does not publish the Prime Rate, we will use a similar published rate. Effect of APR Increases. If an APR increases, interest charges increase. Your minimum payment may increase as well. Average Daily Balance. We calculate the daily balance for each of your different balances. To get a daily balance, we take the balance at the end of the previous day, add the interest on the previous day�s balance and new charges, and subtract new credits or payments. We figure the interest charge by multiplying the daily balance by its daily periodic rate each day in the billing period. We then add up all the daily interest charges and the total is the interest charge for the billing period.