Enjoy automatic account reviews for credit limit increases and free access to your credit score† with the Surge Mastercard®!
Monthly Credit Reporting: Monthly credit reporting to the three major credit bureaus!
Credit Limit Increases: Free automatic account reviews for credit limit increases.
Free Credit Score†: Access to your monthly Vantage 3.0 score.
Account Notifications: Customize your account notifications to fit your needs.
$0 Fraud Liability: You won't be held responsible for unauthorized charges.
Credit Limit: Card offers are for an authentic Mastercard with a Credit Limit between $500 and $750.
APR: Rates ranging from 25.90% to 29.99%.
Annual Fee: $99.00.
Note: All pre-qualified offers are based on credit worthiness.
If you would like to get your decision right now, please read the Consent to Electronic Communications Disclosure below, then choose the ‘I Agree’ button. Selecting ‘I Agree’ allows you to receive your decision electronically.
Type your initials here to confirm your selection of "I Agree"
Congratulations! You are just 3 Steps Away From Getting Your New Card
You have been Pre-Approved for a Surge Mastercard® with an initial credit limit of «Unavailable».
To complete your application, you must review the information below and press submit.
- Applicant Disclosures
- Optional Continental Credit Protection
Then agree to the Acknowledgements and click the “Click here to sign and submit your application” below to complete your application.
| Interest Rates and INTEREST CHARGES | |
| Fees | |
INTEREST CHARGES for purchases and cash advances are
calculated at a monthly periodic rate of «Unavailable», which is equivalent to
an ANNUAL PERCENTAGE RATE (“APR”) of «Unavailable».
Variable
Rate.
The APR may increase or decrease on the first
day of the subsequent monthly Billing Cycle based on changes in
the prime rate (“Index”). The APR is calculated by adding the
amount of margin stated below to the Index. The Index is the
prime rate published in the Money Rates section of The Wall
Street Journal on the 25th day of each month. If the Index is not
published on that day, the Index on the next business day will be
used. Any increase in the APR may take the form of an increase in
the monthly Minimum Payment. If the Index is no longer available,
we will choose a new index that is based upon comparable
information. The APR for purchases and cash advances will be
determined by adding a margin of «Unavailable»
to the Index. INTEREST CHARGES are imposed on purchases
beginning on the date a purchase is posted to your Account.
However, INTEREST CHARGES will not be imposed on purchases
made in any Billing Cycle in which the previous balance shown on
your Monthly Billing Statement is zero and you pay your new
balance in full by the payment due date shown on your Monthly
Billing Statement. INTEREST CHARGES are imposed on cash
advances beginning on the date a cash advance is obtained and
continuing until the balance of your Account is paid in full.
There is no time in which you can pay the balance of cash
advances in order to completely avoid INTEREST CHARGES.
INTEREST CHARGES for a Billing Cycle are calculated
separately for purchases and cash advances. There is no minimum INTEREST
CHARGE. The INTEREST CHARGE calculation begins on the
date the transaction is posted to your Account.
For
purchases, the INTEREST CHARGE is computed by multiplying
the monthly periodic rate by the average daily balance of
purchases. To determine the average daily balance of purchases,
we take the beginning outstanding balance of purchases each day,
add any new purchases, and subtract any payments and/or credits.
This gives us the daily balance of purchases. (Any daily balance
that is a credit balance is treated as zero ($0.00) balance.)
Then, we add all the daily balances of purchases for the Billing
Cycle together and divide the total by the number of days in the
Billing Cycle. This gives us the average daily balance of
purchases.
For cash advances, the INTEREST CHARGE
is computed by multiplying the monthly periodic rate by the
average daily balance of cash advances. To get the average daily
balance of cash advances, we take the beginning outstanding
balance of cash advances each day, add in any new cash advances,
and subtract any payments and/or credits that we apply to the
cash advance balance. This gives us the daily balance of cash
advances. (Any daily balance that is a credit balance is treated
as zero ($0.00) balance.) Then, we add all the daily balances of
cash advances for the Billing Cycle together and divide the total
by the number of days in the Billing Cycle. This gives us the
average daily balance of cash advances.
Your Account is subject to the following fees and charges, each of which may be charged to your Account:
Cash Advance Fee. In addition to the INTEREST CHARGE on cash advances, there is a fee of 5% or $5.00, whichever is greater, for each cash advance posted to your Account that month (“Cash Advance Fee”). NO CASH ADVANCES ARE PERMITTED DURING THE FIRST 95 DAYS AN ACCOUNT IS OPEN.
Additional Card Fee. Your Account will be assessed a one-time additional card fee of «Unavailable» for each authorized user you add to your Account.
Foreign Currency Transaction Fee. Your Account will be assessed a foreign currency transaction fee equal to 3% of any transaction made in a foreign currency that is converted to U.S.Dollars.
Annual Fee. Your Account will be assessed an Annual Fee of «Unavailable» (“Annual Fee”) for the first year and each subsequent year. The Annual Fee will be billed to your Account once the Account is opened, and on or about your anniversary date each year. Your payment of the Annual Fee does not affect our right to close your Account or our ability to limit transactions on your Account.
Annual Fee Renewal Refund Disclosure. We will refund the Annual Fee charged to your Account if you notify us, within 30 days from the date of the Monthly Billing Statement on which it appears, that you wish to close your Account.
Monthly Maintenance Fee. Your Account will be assessed a monthly maintenance fee, which will be billed at «Unavailable» per month to your Account (“Monthly Maintenance Fee”). The Monthly Maintenance Fee will not be billed in the first 12 months your Account is open. Your payment of the Monthly Maintenance Fee does not affect our right to close your Account or our ability to limit transactions on your Account.
Late Payment Fee. If we do not receive a payment from you in at least the amount of the minimum payment due (“Minimum Payment”) by the Payment Due Date shown on your Monthly Billing Statement, you will be charged a Late Payment Fee equal to the lesser of «Unavailable» or your Minimum Payment (“Late Payment Fee”) in accordance with law.If you fail to make a timely payment in any of the six (6) Billing Cycles after the initial late payment, you will be charged «Unavailable» or the amount of the required Minimum Payment, whichever is less. We may refer to this fee as the “Late Fee” or “Late Charge”.
Returned Payment Fee. If you make a payment on your Account and your check or other payment instrument (including an electronic funds transfer or a telephone authorized draft) is not honored for any reason or cannot be processed, we will charge a Returned Payment Fee equal to the lesser of «Unavailable» or your Minimum Payment (“Returned Payment Fee”). In the event a payment is returned in any of the six (6) Billing Cycles after the initial returned payment, you will be charged the lesser of «Unavailable» or the amount of the required Minimum Payment, whichever is less. The charge may be imposed even if we elect to re-present the item and it is paid upon our re-presentment. We will not charge both a Late Payment Fee and a Returned Payment Fee based upon a single payment.
Expedited Phone Pay Fee. Each time you contact us to arrange a payment by a draft on your deposit account or by debit card using an expedited service by a customer service representative an Expedited Phone Pay Fee of $10.95 will be imposed by a third-party money transfer agent, such as Western Union Speedpay. This fee, along with the payment amount, will appear on your deposit account. For clarity, expedited means crediting a payment to your Account the same day, or if the payment is received after the payment cut-off time (5:00 pm EST), the next business day. You can avoid paying an Expedited Phone Pay Fee by (i) mailing your payment to the address listed on your Monthly Billing Statement, (ii) paying online, or (iii) scheduling a future-dated payment via a customer service representative that is not otherwise classified as an expedited payment.
Available Credit Limits. Once the entire security deposit, if applicable, is paid in full, your Account will be opened and you will have access to your initial available credit. Funds received in connection with a security deposit may be held up to 10 days before an Account is opened.
Authorization. You certify that all the information given in this application is true and correct and you are giving this information in order to obtain credit and authorize us to obtain information concerning any statements herein. You agree to furnish us with all requested information. You authorize us to charge the Annual Fee, Monthly Maintenance Fee and Additional Card Fee (if applicable) to your Account.
Applicable Law. This Agreement and your Account, and any claim, dispute or controversy (whether in contract, tort, or otherwise) at any time arising from or related to your Account, this Agreement or any transferred balances, are governed by and construed in accordance with applicable federal law and, to the extent not preempted by federal law, by the laws of Utah (without applying its choice-of-law rules). The formation, legality, enforceability, and interpretation of this Agreement, and any amounts contracted for, charged and received under this Agreement, will be governed by such laws. This Agreement is entered into between you and us in Utah, regardless of the state of your residence or whether or not your Account or Card is used in Utah. Our decisions regarding the extension of credit to you are made in the State of Utah. Federal and Utah law will also apply to any controversy, claim, or dispute arising from or relating in any way to the subject matter of this Agreement and your Account, including, without limitation, statutory, equitable, and tort claims.
Availability of Credit and Payment Holds. Generally, payments are credited to your Account on the day they are received. Available credit created as a result of payments posted to your Account may not be available for up to seven (7) days, or longer if circumstances warrant an additional hold, or if we deem ourselves at risk for any reason. If you use a payment service provided by a third party to deliver your payment to us, that third party may charge you a fee for such service; such third party fees will not be billed to your Account. Credit to your Account may be delayed up to five (5) days if payment is (a) not received at the Payment Address or (b) not accompanied by the payment coupon portion of your Monthly Billing Statement. Delayed crediting may result in Late Fee and additional INTEREST CHARGE and Fees being applied to your Card
Your Consent to Automated-Dialer and Pre-recorded Calls and Text Messages. By providing us with a telephone number(s), at any time, you consent and authorize us to contact you regarding your Account at such number(s) using any lawful means of communication, including, but not limited to calls placed to your cell, mobile or other phone using an automated dialing service, pre-recorded messages or text messages. Standard text messaging and/or calling charges imposed by your provider may apply. You do have the option to opt out of receiving communications at that number any time thereafter by contacting us at [the customer service telephone number provided on your statement], or sending written notice to us to the following address: [Celtic Bank, c/o Continental Finance Company, P.O. Box 3220, Buffalo, NY 14240-3220]. You must retain proof of delivery. If you send communications to any other address, we may not process your request.
The following additional terms apply in connection with your Deposit Account.
Security Deposit (if applicable). We may require a collateral deposit in the form of a security deposit, up to the full amount of the Credit Limit to be paid in full before the Account is opened to secure your obligations under this Agreement and to offset the risk associated with the Account. You understand and agree that if we require a security deposit, we may use any or all amounts of the deposit to pay amounts you owe under this Agreement if you are in default or you or we close or cancel your Account. Refer to the “Terms and Conditions of Your Deposit Account” and “Truth in Savings Disclosure – Deposit Account” section of this Agreement for more information.
Deposit. An initial Deposit Account balance is needed to open your Account. This amount is printed in the application decision letter and must be paid by one of the payment methods contained in such letter. You may make additional deposits to your Deposit Account up to a maximum Deposit Account balance of $2,000. After the Account has been open for 90 days and we have received at least three timely Minimum Payments, we will increase your Credit Limit to the amount of your Deposit Account balance. Any non-cash items tendered for deposit will be given only provisional credit until collection is final. Deposit funds may be held up to 10 days. We are not responsible for transactions initiated by mail or outside depository institutions until we actually receive them. We will treat and record all security deposit funds received after our “daily cutoff time” on a Business Day we are open, or received on a day that we are not open for business, as if initiated on the following Business Day that we are open.
Withdrawals. Since this Deposit Account is collateral for your Account and not a Fee, withdrawals are not permitted from this Deposit Account while there remains an outstanding balance on your Account or while you retain possession of any Card.
Applicable Law. Your Deposit Account and any claim, dispute, or controversy arising from or relating to this Agreement or your Deposit Account, are governed by and interpreted under federal law and construed in accordance with the laws of the State of Utah (without applying its choice-of-law rules). The formation, legality, enforceability, and interpretation of this Agreement, and any amounts contracted for, charged and received under this Agreement, will be governed by such laws. This Agreement is entered into between you and us in Utah, regardless of the state of your residence. Our decisions regarding the Deposit Account are made in the State of Utah. Federal and Utah law will also apply to any controversy, claim, or dispute arising from or relating in any way to the subject matter of this Agreement and your Deposit Account, including, without limitation, statutory, equitable, and tort claims.
Bankruptcy. If you become a debtor in any proceeding under the United States Bankruptcy Code, you agree that you will recognize us as a perfected secured creditor with respect to the Deposit Account and that you will declare the Deposit Account as exempt property pursuant to the provisions of the United States Bankruptcy Code or applicable State exemption laws.
Amendments. We may amend the terms and conditions applicable to your Deposit Account separately from the remainder of this Agreement at any time with reasonable written notice to you, as required by law.
Assignments Prohibited. You may not assign the Deposit Account to anyone other than us without our prior written consent.
Pledge Agreement. As a security for the payment of all credit extended through your Account, you pledge to, and grant Continental Finance, its successors and assigns, a security interest in all funds now and hereafter deposited in your Deposit Account. You authorize us to unconditionally restrict withdrawals from your Deposit Account. If your Account is in default or if your Account is terminated for any reason, we may at any time thereafter, and without notice to you (unless otherwise required by law), apply all or part of the funds in your Deposit Account as a credit toward any and all amounts owed on your Account. We may also exercise any other remedies under the terms of this Agreement or otherwise legally available. If your Account is cancelled or closed either by you or us, we have (unless otherwise required by law) ninety (90) days from the date of such Account closure to allow for all charges made on the Card to clear. After the expiration of this period, we will remit to you the full amount remaining in your Deposit Account, if any, after the application of the security deposit to any outstanding balances that remain on your Card.
Security Deposit Insurance. This Deposit Account will be held at an FDIC or NCUA insured financial institution and will receive the benefit of FDIC, NCUA or other depository insurance.
Rate Information. This is a non-interest bearing Deposit Account. The Interest Rate and Annual Percentage Yield is 0%. No interest accrues on the Deposit Account.
Minimum Balance Limitations. The minimum balance to open the Deposit Account is the amount printed in the application decision letter. Once your balance reaches the required amount, your Account will be opened. We must receive the entire amount within 30 days from the date we received your application, or any money applied to your Deposit Account will be refunded.
Transaction Limitations. No withdrawals will be permitted from your Deposit Account while there remains a balance on your Account or while you retain possession of the Card. The maximum amount of funds that may be deposited into this Deposit Account is $2,000.00. Deposit amounts and the corresponding methods of payment will be disclosed in the application decision letter. Deposit funds may be held for up to 10 days, which will delay the opening of your Account.
Fees. No fees are charged in connection with the Deposit Account.
General Terms. This Agreement covers the terms and conditions of the Card Account (“Account“). Celtic Bank is the Card issuer and assigns its rights for servicing and other rights to Continental Finance Company (“Continental Finance“) after Card issuance.
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 Monthly Billing
Statement.
If you think there is an error on your
Monthly Billing Statement, write to us at:
Continental Finance
P.O. Box 3220
Buffalo, NY
14240-3220
In your letter, give us the following information:
You must contact us:
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
:
While we investigate whether or not there has been an error:
INTEREST CHARGES
on that amount.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 CHARGES, Fees or Other Charges 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 CHARGES, Fees or Other Charges. We will send you a Monthly Billing 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 Monthly Billing Statement 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 Monthly Billing Statement. 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 Monthly Billing Statement 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 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:
If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:
Continental Finance
P.O. Box 3220
Buffalo, NY
14240-3220
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.
California Residents. A married applicant may apply for a separate Account. As required by law, you are hereby notified that a negative credit reporting reflecting on your credit record may be submitted to a Consumer Reporting Agency if you fail to fulfill the terms of your credit obligations. After credit approval, each applicant shall have the right to use the Account up to the limit of the Account. Each applicant may be liable for amounts extended under the plan to any joint applicant.
Delaware Residents. Service charges not in excess of those permitted by law will be charged on the outstanding Account balances from month to month.
Kentucky Residents. You may pay the unpaid balance of your Account in whole or in part at any time.
Missouri Residents. Credit card fees are governed by MO.Rev.Stat § 408.145.
New York and Vermont Residents. We may obtain a consumer report for any legitimate purpose in connection with your Account or your application, including but not limited to reviewing, modifying, renewing and collecting on your Account. Upon your request, we will inform you of the names and addresses of any Consumer Reporting Agencies that have furnished the reports. New York residents may contact the New York State Banking Department (1-877-226-5697) to obtain a comparative list of credit card rates, fees and grace periods.
Ohio Residents. The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy customers, and that Consumer Reporting Agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
Married Wisconsin Residents. No provision of any marital property agreement, unilateral statement, or court order applying to marital property will adversely affect a creditor's interests unless prior to the time credit is granted, the creditor is furnished with a copy of the agreement, statement, or court order, or has actual knowledge of that provision.
Arbitration Notice. If you are issued a credit Card, your Cardholder Agreement will contain a binding Arbitration Provision. In the event of any dispute relating to your Agreement, the dispute will be resolved by binding arbitration pursuant to the rules of the American Arbitration Association or an arbitration organization mutually agreed upon by the parties. Both you and we agree to waive the right to go to court or to have the dispute heard by a jury (except in regard to any collection activities on your Account). You and we will be waiving any right to a jury trial and you also would not have the right to participate as part of a class of claimants relating to any dispute with us. Other rights available to you in court may also be unavailable in arbitration. When you receive your Agreement you should read the Arbitration Provision in your agreement carefully and not accept or use the Card unless you agree to be bound by the Arbitration Provision.
Rates,
Fees, Costs, and Limitations
Please select
one of the following options
Yes, I
want to purchase Optional CONTINENTAL CREDIT PROTECTION (the
“Program”). My decision to purchase or not to purchase the
Program will not affect any application for credit or the
terms of any existing account I have with Celtic Bank. I
understand that:
No thank you. I am not interested in the CONTINENTAL CREDIT PROTECTION Program.
Type your initials here to confirm your selection of Yes or No
Initials are required| Specific Conditions, Terms, Exclusions & Requirements | ||
| Covered Events | Specific Conditions, Terms, Exclusions & Requirements | |
| Loss of Life | Definition: | You lose Your Life |
| Exclusions – When this Covered Event Will NOT give rise to a Benefit: | There is no Benefit if You engage in one of the following acts that causes Your Death: (a) suicide; (b) intentional self-inflicted injury; or (c) criminal acts. | |
| Protection Amount: | The Outstanding Account Balance on the date of death, as determined by Your death certificate. | |
| Required Documents: | Completed Benefit Activation Form and a copy of Your death certificate. | |
| Job Loss | Definition: | (a) You become unexpectedly unemployed due to involuntary termination of Your employment; (b) You are involuntarily laid off or your employment is suspended; (c) You have job loss because there is an authorized, unionized strike or labor dispute by a chartered or previously organized trade or labor union; or (d) You have job loss because of a lockout or discharge of employees or temporary closing in response to organized employee activity. |
| Exclusions – When this Covered Event will NOT give rise to a Benefit: | There is no Benefit if
|
|
| Protection Amount: | The monthly Minimum Payment Due on Your Account starting on the date of the Covered Event, minus any delinquent amounts, including any monthly Minimum Payments that were due prior to the date of the Covered Event and late fees that were incurred prior to the date of the Covered Event. | |
| Waiting Period: | You must be unemployed for 30 consecutive days before a Benefit may be activated. The Program will start providing you with a Benefit on the 31st day that you are unemployed, and the Benefit will date back to when the Covered Event began. | |
| Maximum Benefit Activation Period: | Twelve (12) continuous months or until You return to work, whichever comes first. | |
| Required Documentation: |
|
|
| Disability | Definition: | You become and remain unable to perform the major duties of Your occupation as a direct result of unintentional bodily injury, sickness, or disease; You are not working for wages or profit during the Benefit Activation Period of the Disability; AND You are under the continuous care of a licensed physician (other than Yourself). |
| Exclusions – When this Covered Event Will NOT give rise to a Benefit: | There is no Benefit if Your
Disability is caused by one of the following:
|
|
| Protection Amount: | The monthly Minimum Payment Due on Your Account starting on the date of the Covered Event, minus any delinquent amounts, including any monthly Minimum Payments that were due prior to the date of the Covered Event and late fees that were incurred prior to the date of the Covered Event. | |
| Waiting Period: | Your Disability must exist for 30 consecutive days before the Benefits for this Covered Event may be activated. The Program will start providing you with Benefits on the 31st day from the Covered Event, and the Benefits will date back to when the Covered Event began. | |
| Maximum Benefit Activation Period: | Twelve (12) continuous months or until Your Disability ceases, whichever comes first. | |
| Required Documents: |
|
|
| Hospitalization | Definition: | You are admitted to a hospital for at least a one night stay. |
| Exclusions – When this Covered Event will NOT give rise to a Benefit: | None | |
| Protection Amount: | The monthly Minimum Payment Due on Your Account starting on the date of the Covered Event, minus any delinquent amounts, including any monthly Minimum Payments that were due prior to the date of the Covered Event and late fees that were incurred prior to the date of the Covered Event. | |
| Maximum Benefit Activation Period: | One month Benefit (the monthly Minimum Payment Due as of the monthly billing cycle that includes the date of your hospital stay). | |
| Required Documents: | Completed Benefit Activation Form and a copy of Your hospital discharge papers. | |
I acknowledge that by checking this box and pressing the "Click Here to Sign and Submit Your Application" button below, I am completing and signing this Application electronically. I understand that I am applying to Celtic Bank for a Surge Mastercard® credit card and that by submitting this application I am authorizing the following: Obtain and use credit bureau reports on me, check my employment history, contact me by any means, including mail, phone, text, or e-mail, and exchange information about me in connection with this Application and any update, extension of credit, review, or collection of my Account. Finally, I have read all of the Rates, Fees, Costs and Limitations above, agree with all of the terms, and have printed or retained an electronic copy for my records.
I agree to the Acknowledgements
You were approved for an Unsecured Surge Mastercard® credit card issued by Celtic Bank and serviced by Continental Finance Company.
Initial Credit Limit:
$«credlimit» (subject to available credit)*
Thank you for choosing the Surge Mastercard® credit card. Your new Surge Mastercard® credit card should arrive in 7 to 10 days.
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis or race, color, religion, national origin, sex, marital status, age(provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income is derived from a public assistance program.
Congratulations! You are just 3 Steps Away From Getting Your New Card
You have been Pre-Approved for a Surge Mastercard® with an initial credit limit of «Unavailable» with a refundable security deposit of «Unavailable».
NOTE : To complete your application, you must review the information below, and click SUBMIT!
- Applicant Disclosures
- Optional Continental Credit Protection
Then agree to the Acknowledgements and click the “Click here to sign and submit your application” below to complete your application. After you have submitted your completed application, you will be provided options to fund your security deposit.
| Interest Rates and INTEREST CHARGES | |
| Fees | |
INTEREST CHARGES for purchases and cash advances are
calculated at a monthly periodic rate of «Unavailable», which is equivalent to
an ANNUAL PERCENTAGE RATE (“APR”) of «Unavailable».
Variable
Rate.
The APR may increase or decrease on the first
day of the subsequent monthly Billing Cycle based on changes in
the prime rate (“Index”). The APR is calculated by adding the
amount of margin stated below to the Index. The Index is the
prime rate published in the Money Rates section of The Wall
Street Journal on the 25th day of each month. If the Index is not
published on that day, the Index on the next business day will be
used. Any increase in the APR may take the form of an increase in
the monthly Minimum Payment. If the Index is no longer available,
we will choose a new index that is based upon comparable
information. The APR for purchases and cash advances will be
determined by adding a margin of «Unavailable»
to the Index. INTEREST CHARGES are imposed on purchases
beginning on the date a purchase is posted to your Account.
However, INTEREST CHARGES will not be imposed on purchases
made in any Billing Cycle in which the previous balance shown on
your Monthly Billing Statement is zero and you pay your new
balance in full by the payment due date shown on your Monthly
Billing Statement. INTEREST CHARGES are imposed on cash
advances beginning on the date a cash advance is obtained and
continuing until the balance of your Account is paid in full.
There is no time in which you can pay the balance of cash
advances in order to completely avoid INTEREST CHARGES.
INTEREST CHARGES for a Billing Cycle are calculated
separately for purchases and cash advances. There is no minimum INTEREST
CHARGE. The INTEREST CHARGE calculation begins on the
date the transaction is posted to your Account.
For
purchases, the INTEREST CHARGE is computed by multiplying
the monthly periodic rate by the average daily balance of
purchases. To determine the average daily balance of purchases,
we take the beginning outstanding balance of purchases each day,
add any new purchases, and subtract any payments and/or credits.
This gives us the daily balance of purchases. (Any daily balance
that is a credit balance is treated as zero ($0.00) balance.)
Then, we add all the daily balances of purchases for the Billing
Cycle together and divide the total by the number of days in the
Billing Cycle. This gives us the average daily balance of
purchases.
For cash advances, the INTEREST CHARGE
is computed by multiplying the monthly periodic rate by the
average daily balance of cash advances. To get the average daily
balance of cash advances, we take the beginning outstanding
balance of cash advances each day, add in any new cash advances,
and subtract any payments and/or credits that we apply to the
cash advance balance. This gives us the daily balance of cash
advances. (Any daily balance that is a credit balance is treated
as zero ($0.00) balance.) Then, we add all the daily balances of
cash advances for the Billing Cycle together and divide the total
by the number of days in the Billing Cycle. This gives us the
average daily balance of cash advances.
Your Account is subject to the following fees and charges, each of which may be charged to your Account:
Cash Advance Fee. In addition to the INTEREST CHARGE on cash advances, there is a fee of 5% or $5.00, whichever is greater, for each cash advance posted to your Account that month (“Cash Advance Fee”). NO CASH ADVANCES ARE PERMITTED DURING THE FIRST 95 DAYS AN ACCOUNT IS OPEN.
Additional Card Fee. Your Account will be assessed a one-time additional card fee of «Unavailable» for each authorized user you add to your Account.
Foreign Currency Transaction Fee. Your Account will be assessed a foreign currency transaction fee equal to 3% of any transaction made in a foreign currency that is converted to U.S.Dollars.
Annual Fee. Your Account will be assessed an Annual Fee of «Unavailable» (“Annual Fee”) for the first year and each subsequent year. The Annual Fee will be billed to your Account once the Account is opened, and on or about your anniversary date each year. Your payment of the Annual Fee does not affect our right to close your Account or our ability to limit transactions on your Account.
Annual Fee Renewal Refund Disclosure. We will refund the Annual Fee charged to your Account if you notify us, within 30 days from the date of the Monthly Billing Statement on which it appears, that you wish to close your Account.
Monthly Maintenance Fee. Your Account will be assessed a monthly maintenance fee, which will be billed at «Unavailable» per month to your Account (“Monthly Maintenance Fee”). The Monthly Maintenance Fee will not be billed in the first 12 months your Account is open. Your payment of the Monthly Maintenance Fee does not affect our right to close your Account or our ability to limit transactions on your Account.
Late Payment Fee. If we do not receive a payment from you in at least the amount of the minimum payment due (“Minimum Payment”) by the Payment Due Date shown on your Monthly Billing Statement, you will be charged a Late Payment Fee equal to the lesser of «Unavailable» or your Minimum Payment (“Late Payment Fee”) in accordance with law.If you fail to make a timely payment in any of the six (6) Billing Cycles after the initial late payment, you will be charged «Unavailable» or the amount of the required Minimum Payment, whichever is less. We may refer to this fee as the “Late Fee” or “Late Charge”.
Returned Payment Fee. If you make a payment on your Account and your check or other payment instrument (including an electronic funds transfer or a telephone authorized draft) is not honored for any reason or cannot be processed, we will charge a Returned Payment Fee equal to the lesser of «Unavailable» or your Minimum Payment (“Returned Payment Fee”). In the event a payment is returned in any of the six (6) Billing Cycles after the initial returned payment, you will be charged the lesser of «Unavailable» or the amount of the required Minimum Payment, whichever is less. The charge may be imposed even if we elect to re-present the item and it is paid upon our re-presentment. We will not charge both a Late Payment Fee and a Returned Payment Fee based upon a single payment.
Expedited Phone Pay Fee. Each time you contact us to arrange a payment by a draft on your deposit account or by debit card using an expedited service by a customer service representative an Expedited Phone Pay Fee of $10.95 will be imposed by a third-party money transfer agent, such as Western Union Speedpay. This fee, along with the payment amount, will appear on your deposit account. For clarity, expedited means crediting a payment to your Account the same day, or if the payment is received after the payment cut-off time (5:00 pm EST), the next business day. You can avoid paying an Expedited Phone Pay Fee by (i) mailing your payment to the address listed on your Monthly Billing Statement, (ii) paying online, or (iii) scheduling a future-dated payment via a customer service representative that is not otherwise classified as an expedited payment.
Available Credit Limits. Once the entire security deposit, if applicable, is paid in full, your Account will be opened and you will have access to your initial available credit. Funds received in connection with a security deposit may be held up to 10 days before an Account is opened.
Authorization. You certify that all the information given in this application is true and correct and you are giving this information in order to obtain credit and authorize us to obtain information concerning any statements herein. You agree to furnish us with all requested information. You authorize us to charge the Annual Fee, Monthly Maintenance Fee and Additional Card Fee (if applicable) to your Account.
Applicable Law. This Agreement and your Account, and any claim, dispute or controversy (whether in contract, tort, or otherwise) at any time arising from or related to your Account, this Agreement or any transferred balances, are governed by and construed in accordance with applicable federal law and, to the extent not preempted by federal law, by the laws of Utah (without applying its choice-of-law rules). The formation, legality, enforceability, and interpretation of this Agreement, and any amounts contracted for, charged and received under this Agreement, will be governed by such laws. This Agreement is entered into between you and us in Utah, regardless of the state of your residence or whether or not your Account or Card is used in Utah. Our decisions regarding the extension of credit to you are made in the State of Utah. Federal and Utah law will also apply to any controversy, claim, or dispute arising from or relating in any way to the subject matter of this Agreement and your Account, including, without limitation, statutory, equitable, and tort claims.
Availability of Credit and Payment Holds. Generally, payments are credited to your Account on the day they are received. Available credit created as a result of payments posted to your Account may not be available for up to seven (7) days, or longer if circumstances warrant an additional hold, or if we deem ourselves at risk for any reason. If you use a payment service provided by a third party to deliver your payment to us, that third party may charge you a fee for such service; such third party fees will not be billed to your Account. Credit to your Account may be delayed up to five (5) days if payment is (a) not received at the Payment Address or (b) not accompanied by the payment coupon portion of your Monthly Billing Statement. Delayed crediting may result in Late Fee and additional INTEREST CHARGE and Fees being applied to your Card
Your Consent to Automated-Dialer and Pre-recorded Calls and Text Messages. By providing us with a telephone number(s), at any time, you consent and authorize us to contact you regarding your Account at such number(s) using any lawful means of communication, including, but not limited to calls placed to your cell, mobile or other phone using an automated dialing service, pre-recorded messages or text messages. Standard text messaging and/or calling charges imposed by your provider may apply. You do have the option to opt out of receiving communications at that number any time thereafter by contacting us at [the customer service telephone number provided on your statement], or sending written notice to us to the following address: [Celtic Bank, c/o Continental Finance Company, P.O. Box 3220, Buffalo, NY 14240-3220]. You must retain proof of delivery. If you send communications to any other address, we may not process your request.
The following additional terms apply in connection with your Deposit Account.
Security Deposit (if applicable). We may require a collateral deposit in the form of a security deposit, up to the full amount of the Credit Limit to be paid in full before the Account is opened to secure your obligations under this Agreement and to offset the risk associated with the Account. You understand and agree that if we require a security deposit, we may use any or all amounts of the deposit to pay amounts you owe under this Agreement if you are in default or you or we close or cancel your Account. Refer to the “Terms and Conditions of Your Deposit Account” and “Truth in Savings Disclosure – Deposit Account” section of this Agreement for more information.
Deposit. An initial Deposit Account balance is needed to open your Account. This amount is printed in the application decision letter and must be paid by one of the payment methods contained in such letter. You may make additional deposits to your Deposit Account up to a maximum Deposit Account balance of $2,000. After the Account has been open for 90 days and we have received at least three timely Minimum Payments, we will increase your Credit Limit to the amount of your Deposit Account balance. Any non-cash items tendered for deposit will be given only provisional credit until collection is final. Deposit funds may be held up to 10 days. We are not responsible for transactions initiated by mail or outside depository institutions until we actually receive them. We will treat and record all security deposit funds received after our “daily cutoff time” on a Business Day we are open, or received on a day that we are not open for business, as if initiated on the following Business Day that we are open.
Withdrawals. Since this Deposit Account is collateral for your Account and not a Fee, withdrawals are not permitted from this Deposit Account while there remains an outstanding balance on your Account or while you retain possession of any Card.
Applicable Law. Your Deposit Account and any claim, dispute, or controversy arising from or relating to this Agreement or your Deposit Account, are governed by and interpreted under federal law and construed in accordance with the laws of the State of Utah (without applying its choice-of-law rules). The formation, legality, enforceability, and interpretation of this Agreement, and any amounts contracted for, charged and received under this Agreement, will be governed by such laws. This Agreement is entered into between you and us in Utah, regardless of the state of your residence. Our decisions regarding the Deposit Account are made in the State of Utah. Federal and Utah law will also apply to any controversy, claim, or dispute arising from or relating in any way to the subject matter of this Agreement and your Deposit Account, including, without limitation, statutory, equitable, and tort claims.
Bankruptcy. If you become a debtor in any proceeding under the United States Bankruptcy Code, you agree that you will recognize us as a perfected secured creditor with respect to the Deposit Account and that you will declare the Deposit Account as exempt property pursuant to the provisions of the United States Bankruptcy Code or applicable State exemption laws.
Amendments. We may amend the terms and conditions applicable to your Deposit Account separately from the remainder of this Agreement at any time with reasonable written notice to you, as required by law.
Assignments Prohibited. You may not assign the Deposit Account to anyone other than us without our prior written consent.
Pledge Agreement. As a security for the payment of all credit extended through your Account, you pledge to, and grant Continental Finance, its successors and assigns, a security interest in all funds now and hereafter deposited in your Deposit Account. You authorize us to unconditionally restrict withdrawals from your Deposit Account. If your Account is in default or if your Account is terminated for any reason, we may at any time thereafter, and without notice to you (unless otherwise required by law), apply all or part of the funds in your Deposit Account as a credit toward any and all amounts owed on your Account. We may also exercise any other remedies under the terms of this Agreement or otherwise legally available. If your Account is cancelled or closed either by you or us, we have (unless otherwise required by law) ninety (90) days from the date of such Account closure to allow for all charges made on the Card to clear. After the expiration of this period, we will remit to you the full amount remaining in your Deposit Account, if any, after the application of the security deposit to any outstanding balances that remain on your Card.
Security Deposit Insurance. This Deposit Account will be held at an FDIC or NCUA insured financial institution and will receive the benefit of FDIC, NCUA or other depository insurance.
Rate Information. This is a non-interest bearing Deposit Account. The Interest Rate and Annual Percentage Yield is 0%. No interest accrues on the Deposit Account.
Minimum Balance Limitations. The minimum balance to open the Deposit Account is the amount printed in the application decision letter. Once your balance reaches the required amount, your Account will be opened. We must receive the entire amount within 30 days from the date we received your application, or any money applied to your Deposit Account will be refunded.
Transaction Limitations. No withdrawals will be permitted from your Deposit Account while there remains a balance on your Account or while you retain possession of the Card. The maximum amount of funds that may be deposited into this Deposit Account is $2,000.00. Deposit amounts and the corresponding methods of payment will be disclosed in the application decision letter. Deposit funds may be held for up to 10 days, which will delay the opening of your Account.
Fees. No fees are charged in connection with the Deposit Account.
General Terms. This Agreement covers the terms and conditions of the Card Account (“Account“). Celtic Bank is the Card issuer and assigns its rights for servicing and other rights to Continental Finance Company (“Continental Finance“) after Card issuance.
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 Monthly Billing
Statement.
If you think there is an error on your
Monthly Billing Statement, write to us at:
Continental Finance
P.O. Box 3220
Buffalo, NY
14240-3220
In your letter, give us the following information:
You must contact us:
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
:
While we investigate whether or not there has been an error:
INTEREST CHARGES
on that amount.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 CHARGES, Fees or Other Charges 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 CHARGES, Fees or Other Charges. We will send you a Monthly Billing 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 Monthly Billing Statement 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 Monthly Billing Statement. 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 Monthly Billing Statement 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 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:
If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:
Continental Finance
P.O. Box 3220
Buffalo, NY
14240-3220
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.
California Residents. A married applicant may apply for a separate Account. As required by law, you are hereby notified that a negative credit reporting reflecting on your credit record may be submitted to a Consumer Reporting Agency if you fail to fulfill the terms of your credit obligations. After credit approval, each applicant shall have the right to use the Account up to the limit of the Account. Each applicant may be liable for amounts extended under the plan to any joint applicant.
Delaware Residents. Service charges not in excess of those permitted by law will be charged on the outstanding Account balances from month to month.
Kentucky Residents. You may pay the unpaid balance of your Account in whole or in part at any time.
Missouri Residents. Credit card fees are governed by MO.Rev.Stat § 408.145.
New York and Vermont Residents. We may obtain a consumer report for any legitimate purpose in connection with your Account or your application, including but not limited to reviewing, modifying, renewing and collecting on your Account. Upon your request, we will inform you of the names and addresses of any Consumer Reporting Agencies that have furnished the reports. New York residents may contact the New York State Banking Department (1-877-226-5697) to obtain a comparative list of credit card rates, fees and grace periods.
Ohio Residents. The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy customers, and that Consumer Reporting Agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
Married Wisconsin Residents. No provision of any marital property agreement, unilateral statement, or court order applying to marital property will adversely affect a creditor's interests unless prior to the time credit is granted, the creditor is furnished with a copy of the agreement, statement, or court order, or has actual knowledge of that provision.
Arbitration Notice. If you are issued a credit Card, your Cardholder Agreement will contain a binding Arbitration Provision. In the event of any dispute relating to your Agreement, the dispute will be resolved by binding arbitration pursuant to the rules of the American Arbitration Association or an arbitration organization mutually agreed upon by the parties. Both you and we agree to waive the right to go to court or to have the dispute heard by a jury (except in regard to any collection activities on your Account). You and we will be waiving any right to a jury trial and you also would not have the right to participate as part of a class of claimants relating to any dispute with us. Other rights available to you in court may also be unavailable in arbitration. When you receive your Agreement you should read the Arbitration Provision in your agreement carefully and not accept or use the Card unless you agree to be bound by the Arbitration Provision.
Rates,
Fees, Costs, and Limitations
Please select
one of the following options
Yes, I
want to purchase Optional CONTINENTAL CREDIT PROTECTION (the
“Program”). My decision to purchase or not to purchase the
Program will not affect any application for credit or the
terms of any existing account I have with Celtic Bank. I
understand that:
No thank you. I am not interested in the CONTINENTAL CREDIT PROTECTION Program.
Type your initials here to confirm your selection of Yes or No
Initials are required| Specific Conditions, Terms, Exclusions & Requirements | ||
| Covered Events | Specific Conditions, Terms, Exclusions & Requirements | |
| Loss of Life | Definition: | You lose Your Life |
| Exclusions – When this Covered Event Will NOT give rise to a Benefit: | There is no Benefit if You engage in one of the following acts that causes Your Death: (a) suicide; (b) intentional self-inflicted injury; or (c) criminal acts. | |
| Protection Amount: | The Outstanding Account Balance on the date of death, as determined by Your death certificate. | |
| Required Documents: | Completed Benefit Activation Form and a copy of Your death certificate. | |
| Job Loss | Definition: | (a) You become unexpectedly unemployed due to involuntary termination of Your employment; (b) You are involuntarily laid off or your employment is suspended; (c) You have job loss because there is an authorized, unionized strike or labor dispute by a chartered or previously organized trade or labor union; or (d) You have job loss because of a lockout or discharge of employees or temporary closing in response to organized employee activity. |
| Exclusions – When this Covered Event will NOT give rise to a Benefit: | There is no Benefit if
|
|
| Protection Amount: | The monthly Minimum Payment Due on Your Account starting on the date of the Covered Event, minus any delinquent amounts, including any monthly Minimum Payments that were due prior to the date of the Covered Event and late fees that were incurred prior to the date of the Covered Event. | |
| Waiting Period: | You must be unemployed for 30 consecutive days before a Benefit may be activated. The Program will start providing you with a Benefit on the 31st day that you are unemployed, and the Benefit will date back to when the Covered Event began. | |
| Maximum Benefit Activation Period: | Twelve (12) continuous months or until You return to work, whichever comes first. | |
| Required Documentation: |
|
|
| Disability | Definition: | You become and remain unable to perform the major duties of Your occupation as a direct result of unintentional bodily injury, sickness, or disease; You are not working for wages or profit during the Benefit Activation Period of the Disability; AND You are under the continuous care of a licensed physician (other than Yourself). |
| Exclusions – When this Covered Event Will NOT give rise to a Benefit: | There is no Benefit if Your
Disability is caused by one of the following:
|
|
| Protection Amount: | The monthly Minimum Payment Due on Your Account starting on the date of the Covered Event, minus any delinquent amounts, including any monthly Minimum Payments that were due prior to the date of the Covered Event and late fees that were incurred prior to the date of the Covered Event. | |
| Waiting Period: | Your Disability must exist for 30 consecutive days before the Benefits for this Covered Event may be activated. The Program will start providing you with Benefits on the 31st day from the Covered Event, and the Benefits will date back to when the Covered Event began. | |
| Maximum Benefit Activation Period: | Twelve (12) continuous months or until Your Disability ceases, whichever comes first. | |
| Required Documents: |
|
|
| Hospitalization | Definition: | You are admitted to a hospital for at least a one night stay. |
| Exclusions – When this Covered Event will NOT give rise to a Benefit: | None | |
| Protection Amount: | The monthly Minimum Payment Due on Your Account starting on the date of the Covered Event, minus any delinquent amounts, including any monthly Minimum Payments that were due prior to the date of the Covered Event and late fees that were incurred prior to the date of the Covered Event. | |
| Maximum Benefit Activation Period: | One month Benefit (the monthly Minimum Payment Due as of the monthly billing cycle that includes the date of your hospital stay). | |
| Required Documents: | Completed Benefit Activation Form and a copy of Your hospital discharge papers. | |
I acknowledge that by checking this box and pressing the "Click Here to Sign and Submit Your Application" button below, I am completing and signing this Application electronically. I understand that I am applying to Celtic Bank for a Surge Mastercard® credit card and that by submitting this application I am authorizing the following: Obtain and use credit bureau reports on me, check my employment history, contact me by any means, including mail, phone, text, or e-mail, and exchange information about me in connection with this Application and any update, extension of credit, review, or collection of my Account. Finally, I have read all of the Rates, Fees, Costs and Limitations above, agree with all of the terms, and have printed or retained an electronic copy for my records.
I agree to the Acknowledgements
*Please note that paying by checking or savings account can delay access to your account for 10 days while the funds clear.
1. Mail in a check to Celtic Bank, P.O. Box 8099, Newark, DE 19714-8099.
2. Western Union - Sending money is fast and easy with over 380,000 participating agent locations worldwide. Western Union is available at places such as supermarkets, check cashers and convenience stores.
Go to your nearest Western Union branch and use the following information:
Send to: Continental Deposit
Code City: CFCDeposit
State: DE
To properly credit your account, please include the last 4 digits of your social security # on the Account Number with Company line contained in Section 2 of the Western Union
QuickCollect form.
To send money by phone, please call 1-800-CALL-CASH (1-800-255-5227) and use the following information:
Send To: Continental Deposit
Code City: CFCDeposit
State: DE
Account Number: Last 4 digits of your social security number
Your Security Deposit amount due: «securitydep»
3. MoneyGram - Money transfers are fast and easy when you use MoneyGram.
Go to your nearest MoneyGram branch and use the following information:
Receive Code: 9637
Company Paying: Continental Finance
City/State: Newark/DE
Account Number: Last 4 digits of your social security number
Your Security Deposit amount due: «securitydep»
At this time we could not match your records to a card offer.
Continental Finance Company, LLC; P.O. Box 3220 Buffalo, NY 14240-3220
Have a Question? Call Customer Service at 1-866-449-4514
The Surge Mastercard® Credit Card is issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC under license from Mastercard® International.
Obtaining Your Card: The USA PATRIOT Act is a federal law that requires all financial institutions to obtain, verify and record information that identifies each person who opens a Card Account. What this means for you: When you open a Card Account, we will ask for your name, address, date of birth and other information that will allow us to reasonably identify you. We may also ask to see your driver's license or other identifying documents at any time.
