FILL OUT YOUR APPLICATION
In order to process your application, GE Money requires that you provide 2 forms of identification. You may fax your application to 800-595-9460. Please call us for more details.
INSTANT CREDIT
Once we have received your information, we immediately process your application with GE Money to determine your credit limit. It only takes a few minutes to approve your application for credit.
MAKE YOUR PURCHASE AND ENJOY 0% FINANCING
Once your application has been approved, you can take advantage of one of our financing plans available. 6 months - no interest on orders over $999
12 months - no interest on orders over $2999
Interest Rates and Interest Charges
Annual Percentate Rate (APR)
for Purchases and Balance
Transfers
29.99%
APR for Cash Advances
29.99%
Penalty APR and When it Applies
29.99%
This APR may be applied to your Account if you make a late payment.
How Long Will the Penalty APR Apply? If your APRs are increased for this reason, the Penalty APR will apply until you make six consecutive minimum payments when due.
Paying Interest
Your due date is at least 23 days after the close of each billing cycle. We will not charge you any interest on
purchases if you pay your entire balance by the due date each month. We will begin charging interest on
cash advances and balance transfers on the transaction date.
Minimum Interest Charge
If you are charged interest, the charge will be no less than $2
For Credit Card Tips from the
Federal Reserve Board
To learn more about factors to consider when applying for or using a credit card, visit the website of the
Federal Reserve Board at http://www.federalreserve.gov/creditcard.
Fees
Maintenance Fee
$1.99 Month; waived for any billing cycle where your ending balance is zero ($23.88 maximum annually)
Transaction Fees
• Balance Transfer
• Cash Advance
Either $5 or 4% of the amount of each transfer, whichever is greater.
Either $5 or 4% of the amount of each cash advance, whichever is greater.
Penalty Fees
• Late Payment
• Returned Payment
$29.99 if balance is $249.99 or less;
$39.99 if balance is $250.00 or more
$39.99
How We Will Calculate Your Balance: We use a method called “daily balance”. See your Credit Card Agreement for more details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Credit Card Agreement.
The information about the costs of the Account described herein is accurate as of 7/01/2010. This information may have changed after that date. To
find out what may have changed, write us at GEMB, P.O. Box 981439, El Paso, TX 79998-1439
GE MONEY BANK
CREDIT CARD AGREEMENT
1. CONTRACT. This Agreement (“Agreement”) is a contract for the extension of credit.
It controls your credit card account referenced on the document
received with your credit card or on your welcome letter. This Agreement includes this document and the following documents:
• The application or any other document you submitted to us in connection with the account; and
• The privacy policy that is enclosed with or attached to this document.
By
opening or using your account, you agree to the terms of this
Agreement. This Agreement starts when (i) you give us an account
application we approve or (ii) you use your account or
let someone else use it, whichever occurs first.
2. PARTIES.
The parties to this Agreement are you and GE Money Bank. GE Money Bank
is located at 170 Election Road, Suite 125, Draper, Utah 84020. GE
Money Bank sometimes is called “us,” “we” or “our” in this Agreement.
3. PROMISE TO PAY. You promise to pay us for all credit that we extend on your account,
including credit extended when you let another person use your account.
You also promise to
pay us for all other amounts owed to us under this Agreement.
4. CHANGING TERMS. Subject to the requirements and limitations of applicable law, we may
change, add to or delete any of the terms of this Agreement, including
the interest rates,
fees and charges
.
5.
GOVERNING LAW. Except as provided in the arbitration provision, this
Agreement and your account are governed by federal law and, to the
extent state law applies, the laws of Utah without regard to its
conflicts of law principles. This Agreement has been accepted by us in
Utah.
6. CREDIT CARD.
We have issued or will send you a credit card for your use. You are not
permitted to allow anyone else to use your credit card, but if you do,
you will be responsible for such use. You will destroy all the credit card(s) issued on your account if we ask you to do so.
7. AUTHORIZED USER/JOINT ACCOUNT. If you ask us to send a credit card to another person that you want to
let use your account, you will be responsible for all transactions made
by that person. That person will be considered an authorized user. If
another person is approved on the account, that person will be
considered a joint accountholder. Each joint accountholder may use the
account and agrees to the terms of this Agreement. No matter which
joint accountholder uses the account, each of you must pay back the
full amount owed on the account. We may treat each of you as one
accountholder. For example, giving notice to one of you is considered
the same as giving notice to both of you. Also, we may follow the
instructions that we get from one of you even if they differ from
instructions given by the other accountholder.
8. USING YOUR ACCOUNT. You may use your account only as stated in this Agreement. You may use your account for the following:
Purchases. You may buy goods or services;
Cash Advances. If applicable, you may get cash advances by writing convenience checks
we may provide to you from time to time or by other means we may make
available. We may not honor a convenience check (i) if you filed for
bankruptcy, (ii) if the check is expired, (iii) if your account is
closed, (iv) if the amount of the check would exceed your available
credit or cash advance limit, or (v) as otherwise stated on your convenience check; and
• Balance Transfers. If applicable, from time to time, we may offer you the chance to
transfer balances from your other credit card accounts to this account.
Unless we tell you otherwise, we will treat balance transfers as
purchases. We reserve the right to decline to process any balance
transfer request for any reason, and will not transfer a balance from
any of our affiliates. Transfers will be processed in the order
determined by us. If the amount you wish to transfer is greater than
your available credit limit, we may reject the request(s). It may take
up to four weeks for a balance transfer request to be credited to your
other credit card account(s). It is your responsibility to make any
payments required to keep your other account(s) current and to close
your other account(s), if you desire. We are not responsible for any
charges you may incur on your other account(s) as a result of your
balance transfer(s). If you have a dispute with a creditor, and pay the
balance in question by transferring it to your account, you may lose
certain dispute rights.
You
may use your account only for lawful personal, family or household
purposes. You may not use your account for internet gambling or illegal
purposes. You may not use your account to pay amounts you owe us on
this account or on other accounts you have with us. These restrictions
are for our benefit, and we are not responsible to you for enforcing
them.
9. CREDIT AND CASH ADVANCE LIMITS.
A. Assigning Limits. We
will assign the following limit(s) on your account, as applicable. We
may increase or decrease either or both of these limits at any time.
Credit Limit – This is the highest amount of total credit we will extend to you on your account.
Cash Advance Limit – This is the highest amount of credit we will extend to you for cash
advances made on your account, if applicable. Cash transactions will
also count towards your credit limit.
B. Exceeding Limits. We
may refuse to authorize you to use your account if that use (including
any fees associated with that use) will cause the total you will owe on
your account to
be
more than your credit limit. If applicable, you may not get a cash
advance if that cash advance (including interest and cash advance fees)
will cause the total you will owe for cash advances on your account to
be more than your cash advance limit. If we approve a transaction that
causes the total you will owe on your account to be more than your
credit limit or, if applicable, the total you will owe for cash
advances on your account to be more than your cash advance limit, we do
not give up any of our rights under this Agreement and we do not treat
it as an increase in your credit limit or, if applicable, cash advance
limit.
C. Limiting Transactions. We
reserve the right to not approve transactions on your account. To
prevent fraud, we may also limit the number or dollar amount of
transactions you can make in a particular amount of time.
10. INTEREST. This section explains (i) the interest rates that will apply to your
account, (ii) when interest will be charged on your account, and (iii)
how the amount of interest is calculated.
A. Rates. The following rates apply to purchases and, if applicable, cash
advances. A higher rate, which we call a “Penalty APR” may apply at
certain times as described below. The Annual Percentage Rates (APRs)
applicable to your account are shown in the table above and will also
be shown on your billing statement.
We calculate interest on the balance of your account each day. We use a
daily rate to calculate the interest each day. The daily rate is equal
to the APR divided by 365.
Purchase Rate. The daily rate for purchases is .08216% (APR 29.99%) unless and until the penalty rate applies.
Cash Advance Rate. The daily rate for cash advances is .08216% (APR 29.99%) unless and until the penalty rate applies.
Penalty Rate. The penalty rate may apply if you do not make your total minimum
payment by the payment due date and will continue to apply as provided
in this section. As required by law, we will provide you with advance
notice if we are going to apply the penalty rate to your account and we
will tell you when the penalty rate will apply.
a.
What is the Penalty Rate? The daily penalty rate will be .08216% (APR 29.99%).
b.
How Long Will the Penalty Rate Apply? If you are not more than 60 days late on a payment, the penalty rate
will apply to transactions made on your account after a date specified
in the advance notice. Once in effect, if you then make all required
payments by the payment due date for six consecutive billing periods,
your rate will return to the standard APR; otherwise, the penalty rate
will apply indefinitely.
If you are or become more than 60 days late on a payment, the penalty
rate will apply to all balances and new transactions on your account
not already subject to the penalty rate as specified in the advance
notice. Once in effect, if you then make six consecutive minimum
payments by the payment due date, starting with your first payment due
date after the date specified in the advance notice, your rate for any
balances created on your account prior to or within 14 days after the
date of the advance notice that are not already subject to (or
scheduled under a prior notice to be subject to) the penalty rate will
return to the standard APR. If you do not make these six consecutive
minimum payments, we may apply the penalty rate to all balances on your
account indefinitely.
B. When We Charge Interest.
1. Purchases. We
charge interest on your purchases from the date you make the purchase
until you pay the purchase in full, except as set forth below:
•
We will not charge you interest during a billing cycle on any purchases
if (i) you had no balance at the beginning of the billing cycle or (ii)
you had such a balance, you paid that balance in full by the due date
in that billing cycle.
•
We will credit, as of the beginning of the billing cycle, any payment
you make by the due date that we allocate to purchases if (i) you had
no balance at the beginning of the previous billing cycle, or (ii) if
you had such a balance, you paid that balance in full by the due date
in the previous billing cycle.
2. Balance Transfers and Cash Advances. If applicable, we charge interest on your balance transfers and cash
advances (and their related fees) from the date you make the transaction until you pay them in full. You cannot avoid paying
interest on balance transfers or cash advances or on their fees.
C. How We Calculate Interest. During
billing cycles in which interest is charged, for each balance type on
your account we figure the interest charge on your account by applying
the periodic rate to the “daily balance” of your account for each
day in the billing cycle. A separate daily balance will be calculated
for the following balance types, as applicable: purchases, balance
transfers, cash advances and other balances that are subject to
different interest rates, plans or special promotions.
•
First, we determine the “daily balance”. To determine the daily
balance, we take the beginning balance each day, add any new charges
and fees posted that day, and subtract any payments and credits posted
that day. This gives us the daily balance.
•
Second, we calculate the amount of interest charged. To do this, we
multiply the applicable daily rate by each daily balance on your
account.
• Third, we add the interest amount to the daily balance, and the sum will become the beginning balance for the following day.
Your interest charge for the billing cycle is the sum of the interest
amounts that were charged each day during the billing cycle for each
balance type. We charge a minimum of $2 of interest in any billing
cycle in which you owe interest.
11. FEES. We may charge some or all of the following fees. The table at the
beginning of this Agreement shows the amount of each of the set-up and
maintenance, transaction and penalty fees.
A. Set-up and Maintenance Fee.
1. A Maintenance Fee of $1.99 each month your account has a balance greater than $0.
B. Transaction Fees.
1. A Balance Transfer Fee for each balance transfer you make.
2. A Cash Advance Fee for each cash advance you get.
C. Penalty Fees.
A Late Payment Fee if we do not receive at least the total minimum payment due on your
account by 5:00 p.m. (ET) on the due date. The amount of the late
payment fee will be based on your account balance on the date the late
payment fee is posted to your account.
A Returned Payment Fee if any check or other instrument sent to us is not honored upon first
presentment. This fee also applies to any electronic payment
authorization you provide for payment that is not honored upon first
presentment. We charge this fee even if the payment that originally was
not honored is honored later.
D. Other Fees.
A Returned Convenience Check Fee of $39.99 if we do not honor a convenience check because (i) it will cause you to
go over your cash advance limit, (ii) you filed a petition in
bankruptcy, (iii) the check is expired, or (iv) your account is closed.
A Stop Payment Fee of $39.99 if we stop payment on any convenience check at your request.
12. YOUR PAYMENTS.
A. Required Payment and Crediting of Payment. Each billing cycle you must pay at least the total minimum payment by 5:00 pm (ET) on the payment due date. You may at any time pay more than the total minimum payment. If you have a balance
subject to interest, earlier payment may reduce the amount of interest
you will pay. Any payments received after 5:00 pm (ET) will be credited
as of the next day. We may delay making credit available on your
account in the amount of your payment.
B. Minimum Payment. Your total minimum payment will be calculated as shown below. We round
up to the next highest whole dollar in figuring your total minimum
payment. In addition, if your new balance on your billing statement
is less than $20, then your total minimum payment will be equal to the
new balance. Your minimum payment will be:
1. The sum of the following:
(a) The greater of either:
(i) $20; or
(ii) 3.5% of the new balance shown on your billing statement (excluding
any balance attributable to any special promotion that involves delayed
or special payments); PLUS
(b) Any past due amounts; PLUS
(c) Any payment due in connection with a specific promotional purchase.
OR
2. If you are charged a late payment fee during a billing cycle, for
the next four months, we will make the following calculation each month
as long as you make at least the initial minimum payment each month. We
will calculate if the total of your payments is at least equal to the
sum of the following: (A) the interest billed on your statement each
month, plus (B) 1% of the new balance shown on your billing statement
each month (excluding any balance attributable to any special promotion
that involves delayed or special payments), plus (C) the late payment
fee that was assessed in the billing cycle before the four month
period. If for the four month period the sum of your payments is not at
least equal to the sum of A, B and C, then your minimum payment for
future billing cycles will be the greater of either:
(a)
the minimum payment calculation shown in (1) above; or
(b)
the sum of:
(i)
1%
of the new balance shown on your billing statement (excluding any
balance attributable to any special promotion that involves delayed or
special payments) plus interest and late payment fees charged to your
account in the current billing cycle; PLUS
(ii)
Any past due amounts; PLUS
(iii)
Any payment due in connection with a specific promotional purchase.
C. How to Make a Payment. To make a payment you must follow all the instructions below and the
instructions on your billing statement. If you do not follow these
instructions, credit of your payment to your account may be delayed up
to five days.
Do the following: (a) make your payment in United States dollars by check, money order,
or similar instrument from a bank located in the U.S; (b) send the
payment coupon from your billing statement with your payment; (c) send
the payment and payment coupon in the envelope provided with your
billing statement to the payment address listed on your billing
statement; and (d) send only one payment and one payment coupon in each
envelope. Alternatively you may make your payment online at the website
address shown on your billing statement provided you make your payment
in United States dollars from a bank located in the U.S.
Do not do the following: (a) staple, paper clip, tape or fold your payment or payment coupon;
(b) include any other papers or items with your payment; (c) use a
balance transfer or convenience check from your account to pay us; or (d) send us cash.
D. Other Ways to Make a Payment. Certain
participating stores or providers may take payments that you make to
them as a convenience to you. We may not credit those payments to
your account until we receive them. We may allow you to make payments
over the phone as an accommodation to you, but we may charge you a fee
to do so.
E.
Disputed Amounts. If you send us correspondence about a disputed
amount, you must send it to the address for billing inquiries shown on
your billing statement. You may not send it to the payment address
shown on your billing statement. By “disputed amount,” we mean a
payment of less than the full balance on your account that is labeled
as “payment in full” or similar language, or is given to us as full
satisfaction of a disputed amount, or is given to us with other
conditions or limitations. We may accept these types of payments
without giving up any of our rights.
F. Authorization.
When you provide a check as payment, you authorize us either to use
information form your check to make a one-time electronic fund transfer
from your account or to
process the payment as a check transaction. When we use information
from your check to make an electronic fund transfer, funds may be
withdrawn from your account as soon as the same day we receive your
payment, and you will not receive your check back from your financial
institution.
G. Payment Allocation. We reserve the right to select the method by which the required minimum
payment is allocated to different balances on your account. Some or all
of the required minimum payment on your account will be applied to
lower APR balances before higher APR balances. The payment allocation
method that we use may result in higher interest on your account or
reduced savings attributable to any special promotions. Any payment you
make in excess of the required minimum payment will be allocated to
balances with higher APRs before balances with lower APRs, unless
applicable law requires or permits otherwise (such as when your account
has a certain type of special promotion).
13. SPECIAL PROMOTIONS. At
times, we may offer you special promotions when you use your account
for certain transactions. These special promotions will have some terms
that are different from the terms in this Agreement. The provisions of
this Agreement apply to any special promotion, unless otherwise
provided under the terms of the special promotion. We may
terminate
your participation in any special promotion and/or apply the penalty
rate to your account balances (including special promotion balances) if
you become more than 60 days late on any payment due on your account.
If this happens, each special promotion balance will no longer be
subject to the terms of the special promotion and will instead be
subject to the terms of this Agreement. A promotional charge may be
charged as part of a special promotion. Please see any special
promotion advertising (including in-store signs) or other disclosures
provided to you for the full terms of any special promotion offered.
14. SECURITY INTEREST. You
grant us a purchase money security interest in each item of merchandise
purchased on your account to secure its unpaid purchase price until
such merchandise
is paid in full. Solely for the purpose of determining the extent of
our purchase money security interest in each such item of merchandise,
your payments will be allocated first to
interest on the account, and then to pay off each purchase on the
account in the order in which the purchase was made (if more than one
item was purchased on the same day, your payments
will be allocated to pay off the lowest priced item first). If you made
a purchase pursuant to a credit promotion, the balance with respect to
the promotional purchase may be shown on statements during the
promotional period and may reflect a different payment allocation
method. In no event will we assert a security interest in the
promotional purchase for an amount greater than the lowest balance
shown on a statement for that promotional purchase. We agree that no
security interest is or will be retained or acquired under this
agreement in any real property which is used or is expected to be used
as your dwelling. Should we feel it necessary, you authorize us to sign
and file financing statements regarding any vehicle purchased.
For
some individual purchases under your account, we may require you to
maintain property/casualty insurance on the purchase as a condition of
granting you credit. You will be informed of any property/casualty
insurance requirement at the time you make the purchase.
15. UNAUTHORIZED USE. If
you notice the loss or theft of your credit card or possible
unauthorized use of your card, you should call us immediately at
1-866-396-8254.
You will not be liable for any unauthorized use on your account.
You
agree that unauthorized use does not include use by a person to whom
you have given your card or allowed use of your account. You will be
responsible for all use by such a person.
16. YOUR CREDIT REPORTS AND ACCOUNT INFORMATION.
A. Using and Sharing Your Information.
When you applied for an account you gave us information about yourself.
You also agreed that we could ask others for information about your
creditworthiness
and that we could ask consumer reporting agencies for your consumer
report. We use this information in considering your application. We
also use this information
for
any updates, renewals or extensions of credit on your account. We use
this information to review and collect your account. We use this
information to provide you with offers. We may give information about
you or your account to consumer reporting agencies and other proper
parties. This information may include your performance under this
Agreement.
B.
Inaccurate Information. Tell us if you think we reported wrong
information about you to a consumer reporting agency (also called a
credit bureau). Write to us at P.O. Box 981439, El Paso, TX 79998-1439.
In your written communication, tell us what information is wrong and
why you think it is wrong. If you have a copy of the credit report that
includes the wrong information, send a copy of it with your written
communication. We may report information about your account to credit
bureaus. Late payments, missed payments, or other defaults on your
account may be reflected in your credit report.
17. USE OF INFORMATION ABOUT YOU AND YOUR ACCOUNT. We
will give information about you and your account to
dealers/merchants/retailers and participating professionals that accept
this credit card (and their affiliates) and you consent to this.
Dealers/merchants/retailers and participating professionals will use
the information in connection with the credit card program and for
things like creating and updating their records and offering you
special benefits. We will use information about you and your account as
set forth in the privacy policy that is attached to or enclosed with this document.
18. CHANGE OF ADDRESS/PHONE NUMBER. You agree to tell us right away if you change your address or phone
number(s). We will contact you at the address in our records until we
are able to update our records with your new address.
19. CONSENT TO COMMUNICATIONS. You
consent to us contacting you using all channels of communication and
for all purposes (including collection purposes), using all contact information
you provide to us. You also consent to us and any other owner or
servicer of your account contacting you about your account, including
using text messages, any automatic telephone dialing system and/or an
artificial or prerecorded voice when contacting you, even if you are
charged for the call under your phone plan. You are responsible for any
charges for contacting you that may be billed to you by your
communications carriers.
20. TELEPHONE MONITORING. For quality control purposes, you permit us to listen to or record telephone calls between you and us.
21. CLOSING YOUR ACCOUNT.
A. When You May Close Your Account.
You may close your account at any time by writing or calling us and
asking us to close your account. You must send this writing to the
address shown on your billing statement or call us at the customer
service number shown on your billing statement. We will close your
account after we get your request.
B. When We May Close Your Account. Subject to the requirements and limitations of applicable law, we may close your account at any time and for any reason.
C. After You or We Close Your Account. If
you or we close your account, you must stop using it. You will still
have to pay us the full amount you owe on your account. This Agreement
controls your account until you pay it in full.
22. DEFAULT. Subject to the requirements and limitations of applicable law, you are in default if you:
Make a late payment;
Do not follow any other term of this Agreement; or
Become bankrupt or insolvent.
If
you default or upon your death, we may, subject to the requirements and
limitations of applicable law: (i) make the full amount owing on your
account due right away; (ii) bring a legal action to collect all
amounts owed; and/or (iii) take any action allowed by law. We may also
reduce your credit limit or close your account at anytime whether or
not you are in default.
23. COLLECTION COSTS. If we ask an attorney to collect your account, we may charge you our
collection costs. Collection costs may include court costs, reasonable
attorneys’ fees
and
fees for repossession, repair, storage and sale of any vehicle securing
a purchase. We will charge these costs only if the attorney we ask to
collect is not our salaried employee and the law allows us to do so.
24. DISPUTE/CLAIM RESOLUTION AND ARBITRATION PROVISION.
General/Requirement
to Arbitrate. PLEASE READ THIS PROVISION CAREFULLY. UNLESS YOU SEND US
THE REJECTION NOTICE DESCRIBED BELOW, THIS PROVISION WILL APPLY TO YOUR
ACCOUNT, AND MOST DISPUTES BETWEEN YOU AND US WILL BE SUBJECT TO
INDIVIDUAL ARBITRATION. THIS MEANS THAT: (1) NEITHER A COURT NOR A JURY
WILL RESOLVE ANY SUCH DISPUTE; (2) YOU WILL NOT BE ABLE TO PARTICIPATE
IN A CLASS ACTION OR SIMILAR PROCEEDING; (3) LESS INFORMATION WILL BE
AVAILABLE; AND (4) APPEAL RIGHTS WILL BE LIMITED. This Provision replaces any existing arbitration provision with us and will stay in force no matter what happens to
your account, including termination.
Upon
demand, and except as otherwise provided below, you and we must
arbitrate individually any dispute or claim between you, any joint
cardholder and/or any additional cardholder, on the one hand; and us,
our affiliates, agents and/or dealers/merchants/retailers or
participating professionals, on the other hand, if the dispute or claim
arises from or relates to your account. However, we will not require
you to arbitrate: (1) any individual case in small claims court or your
state’s equivalent court, so long as it remains an individual case in
that court; or (2) any claim by us that only involves our effort to
collect money you owe us. However, if you respond to a collection
lawsuit by claiming that we engaged in any wrongdoing, we may require
you to arbitrate.
YOU
AGREE NOT TO PARTICIPATE IN A CLASS, REPRESENTATIVE OR PRIVATE ATTORNEY
GENERAL ACTION AGAINST US IN COURT OR ARBITRATION. ALSO, YOU MAY NOT
BRING CLAIMS AGAINST US ON BEHALF OF ANY CARDHOLDER WHO IS NOT A JOINT
OR ADDITIONAL CARDHOLDER WITH YOU ON YOUR ACCOUNT (AN
“UNRELATED
CARDHOLDER”), AND YOU AGREE THAT NO UNRELATED CARDHOLDER MAY BRING ANY
CLAIMS AGAINST US ON YOUR BEHALF. CLAIMS BY YOU AND
BY AN UNRELATED CARDHOLDER MAY NOT BE JOINED IN A SINGLE ARBITRATION. Only
a court may decide whether any part of this paragraph is enforceable.
If it is finally determined that this paragraph is not fully
enforceable, only this sentence of the Provision will remain in force
and the remainder of the Provision will be null and void, provided that
the court’s determination concerning the enforceability of this
paragraph shall be subject to appeal.
Starting an Arbitration. If you or we elect to arbitrate a claim, the electing party must notify
the other party in writing. This notice can be given after the
beginning of a lawsuit and can be given in papers filed in the lawsuit.
Otherwise, your notice must be sent to GE Money Bank, Legal Operation,
950 Forrer Boulevard, Kettering, OH 45420, ATTN: ARBITRATION DEMAND and
our notice must be sent to the most recent address for you in our
files. The party seeking arbitration must select as the arbitration
administrator either the American Arbitration Association (“AAA”), 1633
Broadway, 10th Floor, New York, NY 10019, www.adr.org, (800) 778-7879,
or JAMS, 620 Eighth Avenue, 34th Floor, New York, NY 10018,
www.jamsadr.com, (800) 352-5267. If neither the AAA nor JAMS is able or
willing to handle the dispute, then the parties will resolve their
dispute in court.
The
arbitration administrator will appoint the arbitrator and tell the
parties what to do next. The arbitrator must be a lawyer with at least
ten years legal experience. In making decisions or awarding remedies,
the arbitrator must apply the same law and legal principles that would
apply in court, but may use different procedural rules. If the
administrator’s rules conflict with this Provision, this Provision will control.
Arbitration Location and Fees. The arbitration will take place by phone or at a location reasonably
convenient to you. Upon your request, we will normally pay all the fees
the administrator or arbitrator charges, if we believe you are acting
in good faith. We will always pay these arbitration costs, as well as
your legal fees and costs, to the extent required under applicable law
or in order for this Provision to be enforced.
Governing Law. This Provision is governed by the Federal Arbitration Act (the “FAA”).
Utah law shall apply to the extent state law is relevant under Section
2 of the FAA in determining the validity of this Provision. The
arbitrator must follow: (1) the substantive law, consistent with the
FAA, that would apply if the matter had been brought in court, (2) this
Provision, and (3) the administrator’s rules. The arbitrator’s decision
will be final and binding, except for any appeal right under the FAA.
Any court with jurisdiction may enter judgment upon the arbitrator’s
award.
Rejecting
this Provision. You may reject this Provision, in which case only a
court may be used to resolve any dispute or claim. Rejection will not affect any other aspect of this
Agreement.
To reject, you must send us a notice within 60 days after you open your
account or we first provide you with a right to reject this Provision.
The notice must include your name, address, and account number and be
mailed to GE Money Bank, P.O. Box 981429, El Paso, TX 79998-1429. This
is the only way you can reject this Provision.
25. WAIVER. We
may decide to give up any of our rights under this Agreement. This
includes our right to impose the full amount of any charge. If we do,
we do not give up any of our other
rights
under this Agreement. If we give up any of our rights in one situation,
we do not give up the same right in another situation. Except as we may
agree in a signed writing, we do not give up any rights if we (a)
accept a late or partial payment, (b) accept a check or other payment
marked “payment in full” or tendered with other conditions or
limitations, (c) extend the due date of any payment due under this
Agreement, and/or (d) release any collateral or person responsible for
your obligations under this Agreement.
26. ASSIGNMENT. We
may sell, assign or transfer any or all of our rights or duties under
this Agreement or your account. This includes our rights to payments.
We do not have to give you prior notice of such action. You may not
sell, assign or transfer any of your rights or duties under this
Agreement or your account.
SEVERABILITY. If any part of this Agreement is found to be void or unenforceable
under applicable law, all other parts of this Agreement will still apply.
ENTIRE AGREEMENT. This Agreement, along with the other documents listed in section 1
above, are the entire Agreement between you and us relating to your
account. These documents replace any other agreement relating to your
account that you and we made earlier or at the same time. This
Agreement may not be changed except as provided in this
Agreement.
STATE NOTICES
NJ
RESIDENTS: Certain provisions of this Agreement are subject to
applicable law. As a result, they may be void, unenforceable or
inapplicable in some jurisdictions. None of these provisions, however,
is void, unenforceable or inapplicable in New Jersey.
WISCONSIN RESIDENTS:
No provision of a marital property agreement, a unilateral statement
under sec. 766.59, Wis. Stats., or a court decree under sec. 766.70,
Wis. Stats., adversely
affects
the interest of the creditor unless the creditor, prior to the time
credit is granted, is furnished a copy of the agreement, statement or
decree or has actual knowledge of the adverse
provision when the obligation to the creditor is incurred. Residents
of Wisconsin applying for an individual account must give us the name
and address of their spouse, regardless of whether the spouse may use
the card. Please provide this information to us at P.O. Box 981064, El
Paso, TX 79998-1064.
Your
signature on the application or sales slip (or online screen) for the
initial purchase approved on this account represents your signature on
this Agreement and is incorporated here by reference.
We have signed this Agreement as follows:
Glenn Marino
Executive Vice President
GE Money Bank
170 Election Road, Suite 125
Draper, UT 84020
Your Billing Rights: Keep this Document for Future Use
This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.
What To Do If You Find A Mistake On Your Statement
If you think there is an error on your statement, write to us at the address shown on your statement under billing inquiries.
In your letter, give us the following information:
• Account information: Your name and account number.
• Dollar amount: The dollar amount of the suspected error.
•Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you believe it is a mistake.
You must contact us:
• Within 60 days after the error appeared on your statement.
•
At least 3 business days before an automated payment is scheduled, if
you want to stop payment on the amount you think is wrong. You must
notify us of any potential errors in writing. You may call us,
but if you do we are not required to investigate any potential errors
and you may have to pay the amount in question.
What Will Happen After We Receive Your Letter
When we receive your letter, we must do two things:
1. Within 30 days of receiving your letter, we must tell you that we
received your letter. We will also tell you if we have already
corrected the error. 2. Within 90 days of receiving your letter, we
must either correct the error or explain to you why we believe the bill
is correct. While we investigate whether or not there has been an
error:
• We cannot try to collect the amount in question, or report you as delinquent on that amount.
• The charge in question may remain on your statement, and we may continue to charge you interest on that amount.
• While you do not have to pay the amount in question, you are responsible for the remainder of your balance.
• We can apply any unpaid amount against your credit limit. After we finish our investigation, one of two things will happen:
• If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that amount.
• If we do not believe there was a mistake:
You will have to pay the amount in question, along with applicable
interest and fees. We will send you a statement of the amount you owe
and the date payment is due. We may then report you as delinquent if
you do not pay the amount we think you owe. If you receive our
explanation but still believe your bill is wrong, you must write to us
within 10 days telling us that you still refuse to pay. If you
do so, we cannot report you as delinquent without also reporting that
you are questioning your bill. We must tell you the name of anyone to
whom we reported you as delinquent, and we must let those organizations
know when the matter has been settled between us. If we do not follow
all of the rules above, you do not have to pay the first $50 of the
amount you question even if your bill is correct.
Your Rights If You Are Dissatisfied With Your Credit Card Purchases
If you are dissatisfied with the goods or services that you have
purchased with your 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 purchase.
To use this right, all of the following must be true: 1. The purchase
must have been made in your home state or within 100 miles of your
current mailing address, and the purchase price must have been more
than $50. (Note: Neither of these are necessary if your purchase was
based on an advertisement we mailed to you, or if we own the company
that sold you the goods or services.) 2. You must have used your credit
card for the purchase. Purchases made with cash advances from an ATM or
with a check that accesses your credit card account do not qualify. 3.
You must not yet have fully paid for the purchase. If all of the
criteria above are met and you are still dissatisfied with the
purchase, contact us in writing at the address shown on your statement under billing inquiries. While
we investigate, the same rules apply to the disputed amount as
discussed above. After we finish our investigation, we will tell you
our decision. At that point, if we think you owe an amount and you do
not pay, we may report you as delinquent.
eService: Visit us online at www.gemoney.com to manage your account. Sign up for eBill+ and receive a $1.99/month credit*. *Each month the account is open for purchases, in good standing, not delinquent and has a balance greater than $0.00. +Not available in all language preferences.
PRIVACY POLICY
WHAT DOES GE MONEY BANK DO
WITH YOUR PERSONAL INFORMATION?
Reasons we can share your personal information
Does GE Money Bank share?
Can you limit this sharing?
For
our everyday business purposes— such as to process your transactions,
maintain your account(s), respond to court orders and legal
investigations, or report to credit bureaus
Yes
No
For our marketing purposes— to offer our products and services to you
Yes
No
For joint marketing with other financial companies
Yes
No
For our affiliates’ everyday business purposes— information about your transactions and experiences
Yes
No
For our affiliates’ everyday business purposes— information about your creditworthiness
Yes
Yes
For our affiliates to market to you
Yes
Yes
For nonaffiliates to market to you
Yes
Yes*
Contact us for more information
The Online Store
9312 Deering Ave
Chatsworth, CA 91311
