Credit Card Application Disclosure

Rates and Fees Table

How We Will Calculate Your Balance: We use a method called “Average Daily Balance (including new
purchases).” An explanation of this method is provided in your Cardholder Agreement.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is
provided in your Cardholder Agreement.

Prime Rate: Variable APRs are based on the 8.50% Prime Rate as of July 27, 2023.

TERMS AND CONDITIONS

By submitting this application, you: (i) acknowledge that you have reviewed the Cardholder Agreement and the Credit Card Application Disclosure; (ii) agree to submit your application for a credit card application subject to the Cardholder Agreement; (iii) understand this offer is valid for new accounts only; (iv) understand that you must be of legal borrowing age in the state of your primary residence; (v) must be a US citizen or permanent resident; (vi) do not reside in Hawaii, Iowa, Oklahoma, Oregon, or any of the US territories; and (vii) acknowledge that Customers Bank issues your credit card upon approval.

By submitting this application, you also expressly request that Customers Bank open a credit card account with you. You understand that all information provided in your credit card application must be verifiable and accurate. Your credit card account is governed by the terms of the Cardholder Agreement provided when Customers Bank issues your  credit card.

IMPORTANT NOTICE REGARDING CHANGES IN TERMS. Subject to applicable law, we reserve the right to unilaterally change the APRs, fees, and other terms at any time, including after your account is closed. If we make changes, we will send you all notices required by law. You understand that the terms of your account, including APRs, are subject to change. APRs are not guaranteed, and they may change to higher APRs. We may also change whether your rates will be variable or not.

Application of Payments: We may apply your payments in the order we select, subject to applicable law. However, in general, we will apply payments to interest and fees before principal and, if you make a payment in excess of the required minimum payment, we will apply the excess amount first to your balances with the highest Annual Percentage Rate. Any remaining portion of that excess amount will be applied to your other balances in descending order based on their applicable Annual Percentage Rates.

Your account generally will have monthly Billing Cycles, except that your first Billing Cycle may be more or less than one month. All credit terms, including minimum Interest Charges, will apply in each Billing Cycle including the first Billing Cycle.

Credit Reports: By applying for this account, you authorize Customers Bank and its service providers to obtain credit reports for purposes of processing your application and for later purposes related to your account such as increasing the credit line and for collection purposes. Upon your request, you will be informed of whether or not a credit report was requested and the name and address of the consumer reporting agency that furnished the report. You also authorize Customers Bank to verify your employment, income and other relevant information.  We may report information about your account to credit reporting agencies. Late payments, missed payments or other defaults on your
account may be reflected in your credit report.

Important Information about Procedures for Opening a New Account: To help the government fight the funding of terrorism and money laundering activities, the USA Patriot Act requires all financial institutions to obtain, verify, and record  information that identifies each person (including business entities) who opens an  account.

What this means for you: When you open an account, we will ask for your name, physical address, date of birth, and other information that will allow us to identify you. We also may ask for other identifying documents. We will let you know if additional information is required.

Information Sharing with Mastercard: We may share nonpublic personal  information with Mastercard, its Members, or their respective contractors for the  purpose of providing Emergency Card Replacement or to meet other types of reporting requirements related to membership in the association. By signing the application and making purchases, you consent to the release of this information to Mastercard, its Members, or their respective contractors for these purposes.

Information Sharing with Servicer, Subservicer, and Rewards Administrator and Custodian: We may share nonpublic information with our servicer, subservicer, and rewards administrator and custodian or their respective agents for Account administration purposes. By signing the application and making purchases, you consent to the release of this information to each of these parties for these purposes.

Military Lending Act Disclosure: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36%. This rate must
include, as applicable to the credit transaction or account: (1) the costs associated with credit insurance premiums; (2) fees for ancillary products sold in connection with the credit transaction; (3) any application fee charged (other than certain application fees for specified credit transactions or accounts); and (4) any participation fee charged (other than certain participation fees for a credit card account).

If you are covered by the Military Lending Act, notwithstanding anything to the contrary in this Application Disclosure or the Agreement, to the extent required by the Military Lending Act, nothing will be deemed a waiver of the right to legal recourse under any otherwise applicable provision of state or federal law.

To hear this Military Lending Act disclosure and the payment obligations hereunder, call us toll free at 1-866-405-0824.