Last Updated: August 5, 2025
The Seis Silver Credit Card (“Card”) is offered by Lead Bank, Member FDIC, located in Kansas City, Missouri (“Bank”), and is distributed and serviced by Seis Inc. ,doing business as Seis (“Seis”),on behalf of the Bank. The Bank is the lender of record. When you see the words “we,” “us,” or “our” in this Agreement, it refers to the Bank, and any of the Bank’s affiliates, successors, or assignees. When you see the words “you” or “your,” it refers to the individual who opens a Seis Silver Credit Card Account (“Account”), and any person responsible for repayment under this Agreement.
These terms and conditions which constitute an agreement (“Agreement”) between you and Bank governing the use of your Account (including use of a Card). This Agreement also refers to and includes other disclosures we may provide to you, which are incorporated by reference. By opening an Account, or making any payment on the Account, or your continued use of a Card, indicates your acceptance and agreement to the terms of this Agreement. Please keep a copy of this Agreement for your records.
PLEASE READ THIS AGREEMENT CAREFULLY, AS IT CONTAINS IMPORTANT DISCLOSURES WE PROVIDE TO YOU, INCLUDING (A) AN ARBITRATION AGREEMENT AND OTHER IMPORTANT INFORMATION REGARDING YOUR LEGAL RIGHTS, REMEDIES, AND OBLIGATIONS, (B) THE BILLING ERROR RIGHTS NOTICE, AND (C) STATE NOTICES .
UNLESS YOU ARE A “COVERED BORROWER” PROTECTED BY THE MILITARY LENDING ACT (THE “MLA”) OR UNLESS YOU PROMPTLY REJECT THE ARBITRATION CLAUSE, IT WILL HAVE A SUBSTANTIAL EFFECT ON YOUR RIGHTS IN THE EVENT OF A DISPUTE, INCLUDING YOUR RIGHT TO BRING OR PARTICIPATE IN A CLASS PROCEEDING.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT:
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an Account. What this means for you: When you open an Account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see a copy of your driver’s license, passport, or other identifying documents.
Rates, fees, and other important information about your Card are set forth in these Important Disclosures.
This Agreement becomes effective and legally binding when you activate your Card by following the instructions on the Activation page of the Seis mobile application (“Seis App”). You and we agree to comply with, and be bound by, this entire Agreement. You should retain and carefully review this entire Agreement. By completing your application for the Account (and unless you promptly reject the arbitration clause or are a “covered borrower” protected by the Military Lending Act), you agree to the Arbitration Clause even if you do not use the Account or the Card.
You agree that you will only use the Account only for personal, family and household purposes. You may use your Account to acquire property or services (each, a “purchase”) by presenting your Card or your Card number and additional information to a participating merchant or other establishment that honors the Card. We will not be liable if any merchant or other person cannot or will not process a purchase permitted under this Agreement. Unless prohibited by applicable law, we may from time to time limit the type, number and dollar amount of any purchase, even if you have sufficient available credit to complete the purchase. We reserve the right to deny any purchase for any reason, such as account default, suspected fraudulent or unlawful activity, internet gambling, any Prohibited Uses of the Account, or any indication of increased risk related to the purchase. We may terminate, freeze, or suspend your use of the Card or the Account, with or without notice to you before or at the time we take such action. Balance transfers are not available under this Agreement.
Further, you agree that you will not allow any other person to use the Card or Account without our consent. However, your breach of any of these promises will not affect or limit your liability with respect to your purchases. If you authorize or allow any person to use your Account, such authorization will be deemed to extend to all purchases by such person, even if not intended by you, and will continue until you have taken all steps necessary to prevent any further use of the Account by such person, even if you have advised us that such person is no longer authorized to use the Account.
If your Account is eligible for cash advance, we will disclose to you a cash advance limit, which is a designated portion of your Account credit limit that may be obtained as cash transferred to your Seis Checking Account, (“Cash Advance”).
We may, periodically, evaluate your Account to determine any increase or decrease in your Cash Advance advance limit, based on your Account history. We may also, at our discretion, remove Cash Advance access from your Account at any time. If we take any adverse action on your Cash Advance access or Cash Advance advance limit, we will provide notice to you, as required by applicable law.
You promise to repay all Cash Advance balances charged to the Account at the end of the Billing Cycle in which they occur. A Cash Advance appearing on the periodic statement is considered a part of the outstanding balance from the date of posting and is reflected in the minimum payment due on your monthly statement.
You agree that you will not use the Account for any unlawful purpose or for the purpose of repaying the Account or any other form of credit account you may have with us (“Prohibited Uses”). If you use your Card for any such purpose, we may declare you to be in default under this Agreement and we may block such transactions and/or terminate your Account, but you still will be liable for all charges relating to such transactions and all other transactions on your Account at the time it is closed.
You promise to pay all amounts charged to the Account, including all purchases, Cash Advance, interest, and charges to your Account. You are obligated to repay all transactions made using your Card by people you have authorized to use the Card even if their use of the Card exceeds the authorization which you gave them.
(i) We have disclosed your initial credit limit in your approval notification. We will disclose your then-current credit limit and available credit on each monthly statement we send you and in the Seis App. We may increase or decrease your credit limit at any time, on our own initiative. We may also close your Account or suspend your ability to use the Account at any time. We will provide any notice required by applicable law if we take any adverse action on your Account.
(ii) At any time, your available credit equals the excess (if any) of your credit limit over your outstanding Account balance (including principal, fees and interest charges) (“Account Balance”). However, if you pay all or any part of your Account Balance before the end of your billing cycle, such payment may not replenish your Available Credit until the later of the first day of your next billing cycle and the day we determine that the payment has been made with sufficient funds. You agree not to attempt any purchase that exceeds your available credit. For purposes of determining your Available Credit, we do not give effect to any payment prior to the time we determine that the payment has been made with sufficient funds. Depending on your payment method, this may take up to 20 business days. We may also undo the effect of any payment if your financial institution subsequently reverses the payment. We are not required to approve any purchase if the amount of the purchase exceeds your Available Credit but we may authorize and pay any such purchase in our absolute discretion. If we permit a transaction that causes an over-limit condition, it does not mean that we will do so again in the future. Whenever the outstanding balance of the Account exceeds your credit limit, you agree to pay us the difference on demand unless and to the extent that we have reduced your credit limit below your pre-existing balance prior to the reduction.
(ii) We may, periodically, evaluate your Account to determine whether your Account is eligible for an increase in credit limit based on certain factors, which could include but are not limited to: (a) your history of on-time payments; (b) whether the Account is or has been over the credit limit; (c) whether or not the Account is currently or has been restricted from charging privileges; and (d) whether or not you have closed the Account or have filed for bankruptcy.
We will send you a monthly statement shortly after the end of each monthly billing cycle with any activity, fee or interest charge or an ending debit or credit balance in excess of $1.00. However, we are not obligated to send you a monthly statement if we deem your Account to be uncollectible or applicable law does not require us to send you a monthly statement for other reasons. Your monthly statements will show, among other matters, the outstanding balance at the start and end of the billing cycle (that is, the “previous balance” and “new balance,” respectively); purchases; payments, credits and adjustments; interest charges and fees; your credit limit and available credit; and the minimum payment due and payment due date.
We use the “average daily balance (including new purchases and cash advances)” method to calculate your interest charges. This means that, each billing cycle, we determine your interest charges by multiplying the average daily balance (which is shown on your monthly statements as the “balance subject to interest rate”) times the daily periodic rate and then by multiplying this amount by the number of days in the billing cycle.
(i) If your Account balance is $0 at the beginning of a billing cycle or you pay the entire Account balance as of the beginning of a billing cycle by the payment due date that falls in such billing cycle, you get a “grace period” and will not be charged any interest charges for such billing cycle.
(ii) If you do not get a grace period for a billing cycle but you got a grace period for the immediately preceding billing cycle, we will not charge interest charges on purchases that were outstanding during such preceding billing cycle to the extent such purchases are paid by the payment due date that falls in the current billing cycle.
(iii) If you get a grace period on purchases for a billing cycle on account of a payment that is dishonored or reversed in the next billing cycle or a credit that is reversed in the next billing cycle due to the resolution of a billing dispute, we will charge you in the next billing cycle the interest charges you avoided in the prior billing cycle due to the dishonored or reversed payment or credit.
(i) The daily periodic rate equals the Annual Percentage Rate (APR) divided by 365, rounded to the 6th decimal place.
(ii) The APR each billing cycle equals the rate assigned by us at the time your Account is opened. We may change the APR assigned to your Account at any time and for any reason. We will give you advance notice of any increase to your APR, as required by applicable law. Notwithstanding the foregoing, the APR will never exceed the maximum rates permitted by applicable law.
(iii) Unless you qualify for a grace period (see subsection (b)), more interest charges will accrue. This will result in higher and/or more payments if you pay the minimum payment due each month. Unless you qualify for a grace period, less interest charges will accrue. This will result in lower and/or fewer payments if you pay the minimum payment due each month.
(i) The average daily balance (also known as the balance subject to interest rate) equals the sum of the closing daily Account balances for each day of the billing cycle, divided by the number of days in the billing cycle.
(ii) If you get a grace period for a billing cycle (see subsection (b)(i)), the Account balance is treated as $0 for each day in the billing cycle (and the average daily balance is $0). Otherwise, the closing balance for each day in the billing cycle is computed as follows:
(a) For each day (including the first day of the billing cycle), we start with the prior day’s closing balance, if any.
(b) For the first day of the billing cycle, if you received a grace period for the immediately preceding billing cycle, we deduct all payments and credits applied to purchases and posted by the payment due date that falls within the current billing cycle.
(c) For each day in the billing cycle (including the first day of the billing cycle), we add any new purchases posted to your Account, we add the interest charges from the prior day (the prior day’s closing balance times the daily periodic rate), add any fees charged that day, and subtract any payments or credits. However, we do not subtract a second time any payments or credits that have already been subtracted in step (B) above. (This method results in the daily compounding of interest charges.)
(d) We treat any negative daily balance as $0.
We charge interest charges over the following periods:
(i) If you get a grace period for the billing cycle in which the purchase is posted to the Account (the “Purchase Cycle”) and for the next billing cycle (the “Next Cycle”), we charge no interest charges at all.
(ii) If you get a grace period for the Purchase Cycle but not for the Next Cycle, we charge interest charges from the first day of the Next Cycle through the earlier of: (1) the day the purchase is repaid in full; or (2) the day before the beginning of the first billing cycle that comes after the Next Cycle and for which you get a grace period (the “Interest End Date”).
(iii) If you do not get a grace period for the Purchase Cycle, we charge interest charges from the day the purchase is posted to the Account through the Interest End Date.
Subject to applicable law, including the federal Truth in Lending Act and Regulation Z, you agree to pay the following fees:
(i) We may charge you a late fee up to $29.00 if we do not receive the minimum payment due in full by the payment due date. We will never charge a late fee exceeding the minimum payment due that is late, and you will not incur additional late fees if your minimum payment is sufficient to cover the scheduled payment amount but insufficient to cover a prior unpaid late fee.
(ii) Each time a payment on your Account is returned or reversed for any reason or we must return any check or instrument you send us because it is not signed or is otherwise incomplete, we will charge you a returned payment fee of $29.00. However, we will not charge a returned payment fee if we are charging a late fee with respect to the same minimum payment due and will never charge a returned payment fee exceeding the minimum payment due that was due immediately prior to the date on which the payment was returned to us. In such cases, you may also be charged a fee for processing an NSF check by the bank that issued the check.
We may charge fees as stated in the Account Opening TILA Disclosure, and for special services you request in accordance with applicable law.
It is not our intent to charge or collect any interest, fee or charge in excess of the amount permitted by applicable law. If any interest, fee or charge is finally determined to be in excess of the amount permitted by applicable law, we will credit the excess amount against the outstanding balance in your Account or refund it to you.
Each month, you must pay at least the minimum payment due shown on your monthly statement by the “cut-off time” on the payment due date shown on your monthly statement. The payment due date will be at least 21 days after the date of the monthly statement and will typically be on the same day of each calendar month. The “cut-off time” is 8:00 p.m. Eastern Time for payments made online through the Seis App.
If the new balance shown on your monthly statement for a billing cycle (the “Statement Cycle”) is less than $25.00, the minimum payment due in the next billing cycle equals such new balance.
Otherwise, the minimum payment due equals:
• Any Cash Advance amount obtained during the Statement Cycle; plus
• Any amount past due at the end of the Statement Cycle; plus
• The greater of:
(i) $25.00; or
(ii) 5% of such new balance (excluding any interest charges, late fees, and any amount past due), plus interest charges for the Statement Cycle and any late fees and any amount exceeding the credit limit.
If you have questions about Autopay or require assistance, contact Seis at 1-866-256-1907.
You agree to make all payments in U.S. dollars in accordance with our instructions online on the Seis App. We reserve the right to refuse any non-conforming payments. Any payments received after the cut-off time on a business day or received on a non-business day will be credited on the next business day.
Your account may have purchases and Cash Advances with different APRs. Subject to applicable law, we may apply payments and other credits to your Account in any manner we choose at our sole discretion. You understand and agree that we will apply the minimum payment first to the Account balance with the lowest APR in the following order: fees, interest charges, and then to Cash Advance balances, followed by purchase balances. Payments in excess of the minimum payment will be applied to balances with the highest APR first and then to lower rate balances in descending order of APR. This means that balances with higher APRs are reduced before balances with lower APRs for any amount of your payment that is in excess of your minimum payment due.
All credits for payments to your Card are subject to final payment by the institution on which the payment item was drawn. Depending upon the type of payment you make, your available credit may not be restored for up to 20 business days after we receive a payment.
You agree not to send us payments marked “paid in full,” “without recourse” or with similar language. If you send such a payment, we may accept it without losing any of our rights under this Agreement, including our right to collect the full amount owed by you. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount, must be sent via email to disputes@seis.com.
If you are not enrolled in automatic payments through the Seis App, your credit limit may be subject to a lower credit limit. Upon successful enrollment in automatic payments, we may increase your credit limit, subject to our credit policies and applicable law. You may enroll in or cancel automatic payments at any time through the Seis App, and any changes may impact your credit limit accordingly.
Subject to applicable law and the State Notices set forth in Exhibit C, we may suspend, revoke or cancel your Account privileges, your right to use the Card or deny any transaction, in our sole discretion at any time, with or without cause and with or without giving you notice. Any termination of credit privileges, whether initiated by us or by you, with or without cause, and with or without giving you notice, will not affect any of our rights or your obligations under this Agreement, including your obligation to repay any amounts you owe us according to the terms of this Agreement. On our demand or upon termination of credit privileges, you agree to surrender to us or destroy the Card. If you attempt to use the Card after the termination of credit privileges (whether or not we have provided notice of such termination), the Card may be retained by a merchant, ATM or financial institution where you attempt to use the Card.
Subject to applicable law, we may declare you to be in default under this Agreement if: (a) you fail to pay any minimum payment due on or before the payment due date; (b) you attempt to or do exceed your credit limit; (c) you make a payment that is dishonored or reversed; (d) you die or are declared legally or mentally incompetent; (e) a petition is filed or other proceeding is commenced by or against you under the Federal Bankruptcy Code or any other federal or state insolvency laws; (f) you become insolvent or unable to pay your debts; (g) you provide us with any false or misleading information; (h) you breach any of your other obligations under this Agreement; (i) your Seis Membership is no longer in good standing, including as a result of you being in default with the terms of the Seis Platform Terms of Service (as defined in Section 16); (j) you are in breach of any other credit agreement you have with us; or (k) we have any reason to believe you are unwilling or unable to pay your debts.
Idaho, Iowa, Kansas, Maine and South Carolina Residents Only: We may declare you to be in default if you fail to make a payment as required by this Agreement (or within 10 days of the time required by this Agreement, for Iowa residents) or if the prospect of your payment or performance is significantly impaired (for Iowa residents, if, following an event of default, the prospect of your payment is materially impaired). We have the burden of establishing the impairment of such prospect of payment or performance.
Wisconsin Residents: We may declare you to be in default (a) if you permit to be outstanding an amount exceeding one full payment which has remained unpaid for more than 10 days after its scheduled due date or deferred due date, or if you fail to pay the first payment or last payment within 40 days of its scheduled due date or deferred due date or (b) if you fail to observe any other provision of this Agreement, the breach of which materially impairs your ability to pay the amounts due under the Agreement.
In the event of your default under this Agreement, we may, subject to applicable law (including any applicable notice requirement): (a) declare all or any portion of your outstanding Account balance to be immediately due and payable; (b) instead allow you to repay your Account balance by paying the minimum payment due each billing cycle, without waiving any rights under subsection (a); (c) reduce your credit limit; (d) terminate or suspend your Account and/or your ability to make additional transactions using the Account; and/or (e) commence a collection action against you and charge you for any court costs and/or any reasonable attorneys’ fees and costs we are charged in connection with such action by any attorney who is not our salaried employee. After a default, interest charges will continue to accrue until your total Account balance, including accrued interest charges, is paid in full, subject to applicable law.
We may at any time and in our sole discretion delay or waive enforcing any of our rights or remedies under this Agreement or under applicable law without losing or otherwise forfeiting any of those or any other rights or remedies. Even if we do not enforce our rights or remedies at any one time, we may enforce them at a later date. For example, we may accept late payments or payments that are marked “payment in full” or with other restrictive endorsements without losing any of our rights under this Agreement.
Seis Inc. (“Seis”), along with its partners and service providers, is the servicer of your Account and Card. In that capacity, Seis may act on our behalf, perform our obligations or enforce our rights under this Agreement.
To the extent permitted by applicable law, you authorize us and Seis (one of Lead Bank’s service providers) and each of our and/or Seis joint or independent affiliates, agents, assigns, and service providers (collectively, the “Messaging Parties”) to use automatic telephone dialing systems, artificial or prerecorded voice message systems, text messaging systems, automated email systems, and automated chat systems, or any system capable of storing and dialing telephone numbers to deliver messages relating to this Agreement, your Account, or your relationship with the Messaging Parties more generally (including but not limited to: messages about , upcoming Payment Due Dates, missed payments and returned payments) to any telephone number(s) you provide to the Messaging Parties. You also agree that these messages may deliver prerecorded and/or artificial voice messages. You understand that telephone messages may be played by a machine automatically when the telephone is answered, whether answered by you or someone else, and that these messages may also be recorded by your answering machine. You also authorize the Messaging Parties to deliver messages to you via mail, email, or chat at any addresses you supply to them or that they obtain through any legal means.
You understand that anyone with access to your mail, telephone or email account may listen to, read, or otherwise access the messages the Messaging Parties leave or send you, and you agree that the Messaging Parties will have no liability for anyone accessing such messages. You further understand that, when you receive a telephone call, text message or email, you may incur a charge from the company that provides you with telecommunications, wireless and/or internet services, and you agree that the Messaging Parties will have no liability for such charges except to the extent required by applicable law. You expressly authorize the Messaging Parties to monitor and record your calls with the Messaging Parties. If any telephone number you have provided to the Messaging Parties changes, or if you cease to be the owner, subscriber, or primary user of any such telephone number, you agree to immediately give notice to the Messaging Party who delivered the messages of such facts so that the Messaging Party can update its records.
This authorization is part of our bargain concerning this Agreement, and we do not intend it to be revocable. However, to the extent you have the right to revoke your consent to communications by autodialed calls and text messages to your mobile number under applicable law, you may exercise this right by contacting the applicable Messaging Party directly or by request by calling 866-256-1907 or chat in the Seis App. You may opt-out of receiving most of these messages at any time by request by calling 866-256-1907 or chat in the Seis App. To stop emails only, you can follow the opt-out instructions included at the bottom of the Messaging Parties’ emails.
Any written or electronic correspondence we send to you will become effective when we send it to you at your mail address (or via SMS, or email address if you have authorized electronic communications), in each case as it appears on our records. To the extent permitted by applicable law, any notice you send us will become effective after we have received it and had a reasonable opportunity to act on such notice. All bankruptcy notices and related correspondence to us may be sent to Seis, Inc., by email at legalclaim@seis.com. You must notify our service provider, Seis, of any changes to your name, mailing or email address, or cell phone number within 15 calendar days of such change. You must notify us of changes to your mailing, email address or cell phone number by updating such information on the Seis App.
While the Account is open, if any material financial accounts are linked to your Account, you must provide us and our service providers access to financial data by inputting your login credentials and linking such material financial accounts on the Seis App. Access to your financial data does not give us the right to initiate a preauthorized transfer; we must obtain such authorization separately, and you are not required to provide us such authorization as a condition of opening or using this Card. You promise to keep login credentials up-to-date and to update the linked accounts on the Seis App as login credentials change. We promise to use the information in linked accounts in compliance with our Privacy Policy and all applicable laws.
You authorize us to obtain information from you and to make whatever inquiries we consider necessary and appropriate (including requesting consumer reports from consumer reporting agencies and balance and transaction data from Seis or its partners and service providers, data from your bank, wealth manager or other financial services provider) in considering your Application and for any lawful purpose, including any updates, renewals or extensions of credit, reviewing or collecting your Account or determining your eligibility for the Account or for future credit or other offers that we believe may be of interest to you. Upon your request to us, we will inform you of the name and address of any consumer reporting agency that provides us a consumer report relating to you.
We may also furnish information concerning you and your Account to other creditors, other financial institutions and credit bureaus. Late payments, missed payments, returned payments or other defaults on your Account may be reflected in your credit report. YOU ARE HEREBY NOTIFIED THAT A NEGATIVE CREDIT REPORT REFLECTING YOUR CREDIT HISTORY WITH US MAY BE SUBMITTED TO A CREDIT REPORTING AGENCY IF YOU FAIL TO FULFUL THE TERMS OF YOUR CREDIT OBLIGATIONS.
You have the right to dispute the accuracy of information we have reported to a credit bureau. If you think any information about your Account that we have reported is incorrect, please notify us via chat in the Seis App or email at creditreporting@seis.com. Include your name, address, Account Number, phone number and a brief description of the issue, including the specific information you are disputing and the basis for your dispute. If available, please include a copy of the credit report in question. We will research your issue and will let you know if we agree or disagree with you, or if we have determined the dispute to lack merit. If we agree with you, we will contact the consumer reporting agency we reported to and request a correction.
For purposes of this section, the term “unauthorized use” means the use of a credit card by a person, other than the cardholder, who does not have actual, implied, or apparent authority for such use, and from which the cardholder receives no benefit.
If your Card is lost or stolen or if you think someone may be using your Card or Account without your permission, you must notify us promptly by calling 866-256-1907. You will not be liable for any unauthorized use that occurs after you notify us. You may, however, be liable for unauthorized use that occurs before receipt of your notice by us.
If you believe that you have been the victim of identity theft in connection with your Account or in connection with any other loan or extension of credit made by us, you can request an Identity Theft Form by calling toll free 866-256-1907 or chat in the Seis App. The form will include a request to attach a police report and written statement in the form we provide you alleging that you are the victim of identity theft for a specific debt. Once we receive your documentation, we will cease debt collection activity until we have reviewed the materials, determined that the debt is still collectible, complied with all obligations described in the Billing Rights Notice below and sent you a written notice describing the basis for our determination.
Your liability for unauthorized use of your Card shall not exceed the lesser of $50 or the amount of money, property, labor, or services obtained by the unauthorized use before your notification to us.
Federal law provides important protections to members of the Armed Forces and their dependents (“Covered Borrowers”) relating to extensions of consumer credit. In general, the cost of consumer credit to a Covered Borrower may not exceed an APR of 36%. This rate must include, as applicable to the credit transaction or account, the costs associated with credit insurance premiums, fees for ancillary products sold in connection with the credit transaction, any application fee charged (other than certain application fees for specified credit transactions or accounts) and any participation fee charged (other than certain bona fide and participation fees for a credit card account). To hear important disclosures and payment information about this Agreement and information related to the Military Lending Act, please call this toll-free number: 866-256-1907.
The Arbitration Clause of this Agreement does not apply to you if you are a Covered Borrower nor do any provisions of the Agreement that waive any right to legal recourse under any state or federal law to the extent required by the Military Lending Act.
Except as provided in the Arbitration Agreement below, the terms and enforcement of this Agreement are governed by federal law and, to the extent state law applies, the laws of the State of Missouri without regard to its conflicts of law principles. We will rely on the provisions of Missouri law with respect to the fees and charges that apply to your account, as authorized by Missouri Revised Statutes § 408.145. Further, this Agreement is made in Missouri and credit is extended to you from Missouri, regardless of where you live or use your account.
Subject to the Arbitration Agreement: (a) if any part of this Agreement conflicts with applicable law, that law will control, and this Agreement will be considered changed to the extent necessary to comply with that law; and (b) if any part of this Agreement is determined by a court of competent jurisdiction to be invalid, the remainder of this Agreement will remain in effect.
You promise that you are not a debtor under any proceeding in bankruptcy, have not consulted a bankruptcy attorney in the past 6 months and have no current intention of filing a petition for relief under the United States Bankruptcy Code. All bankruptcy notices and related correspondence to us must be sent to Seis at the legalclaim@seis.com email or via the Seis application, Attn: Bankruptcy Notice.
Prior to initiating a lawsuit or arbitration regarding a legal dispute or claim relating in any way to this Agreement, the Account or the Card (as more fully defined in the Arbitration Clause, a “Claim”), the party asserting the Claim (the “Claimant”) must give the other party (the “Defending Party”) written notice of the Claim (a “Claim Notice”) in accordance with the notice provisions of this Agreement (see Section 18). Any Claim Notice you send must be addressed to the legalclaim@seis.com email address, Attn: Legal Claim, and must provide your Account Number and phone number. Any Claim Notice must explain the nature of the Claim and the relief that is demanded. The Claimant must reasonably cooperate in providing any information about the Claim that the Defending Party reasonably requests and must give the Defending Party a reasonable opportunity, not less than 30 calendar days, to resolve the Claim on an individual basis.
You acknowledge that this Agreement constitutes the entire agreement between you and us with respect to the Account and the Card. This Agreement supersedes and may not be contradicted by evidence of any prior or contemporaneous written or oral communication or understanding between you and us concerning the Account or the Card. If we offer or provide rewards in connection with the Account, the disclosures relating to such rewards are separate and not part of this Agreement.
Our privacy policy is provided separately in accordance with applicable law and can be viewed online at https://www.lead.bank/privacy-and-terms
You authorize us to collect and process certain personal data and information from you, from third parties, or automatically from your use of the products or services provided by us, in accordance with the Privacy Policy, throughout our relationship and your use of our products or services. In particular, you authorize your wireless carrier to use or disclose information about your account and your wireless device, if available, to us or our service provider(s) for the duration of your business relationship, solely to help us identify you or your wireless device and to prevent fraud.
We may at any time and without notice to you, sell, pledge or transfer this Agreement or any Account balances to any party at any time. If we do so, then the purchaser, pledgee or transferee will succeed to all our applicable rights and responsibilities. You may not sell, assign or transfer this Agreement or any of your rights and obligations under this Agreement. Any such attempted sale, assignment or transfer by you without our prior written consent will be void.
Subject to applicable law, we may at any time change, add to or delete terms and conditions of this Agreement, including interest rates, fees, charges and this Change of Terms provision. Such changes may be based on our anti-fraud policies and procedures, your level of compliance with this Agreement, your credit score, other information contained in your credit report, prevailing economic conditions and/or any other factors. We will give you notice of any change, addition, or deletion as required by applicable law. As of the effective date, the changed terms, at our option, will apply to new purchases and the outstanding balances of your Account, to the extent permitted by applicable law. No change to any term of this Agreement will affect your obligation to pay in full all amounts due and owing under this Agreement or otherwise perform the terms and conditions of this Agreement. By continuing to have access to your Account and Card, you agree to changes we make to this Agreement.
At our discretion, we may make special offers to you at any time. Such offers may apply to all purchases or balances on your Account, or only to some purchases or balances. We will provide to you the terms of any special offer and tell you how they differ from this Agreement. Except as provided in any special offer, the rest of this Agreement will still apply to your Account. These offers may include payment plans and skip payment offers. We may make special offers to certain cardholders and not others based on eligibility criteria established in our sole discretion. The availability of such an offer to certain cardholders shall not require that the offer be made available to all cardholders.
You may authorize a merchant to initiate purchases on a recurring basis to your Account. Upon the issuance by us of a new Card with a new Account number or expiration date, you may need to provide the merchant with such updated information in order to continue the recurring transactions. However, you authorize us to provide updated information to the merchant at our discretion. You must contact the merchant if you want to cancel automatic billing.
If you make a purchase or Cash Advance transaction using your Account in a foreign currency (including, for example, online purchases from a merchant located outside the U.S.), the credit card association will convert any transaction in foreign currency into U.S. dollars using an exchange rate for the applicable central processing date that is (1) selected by the association from the range of rates available in wholesale currency markets, which rate may vary from the rate the association receives, or (2) the government-mandated rate. The conversion rate you get may differ from the rate on the transaction date or the posting date, and from the rate that the credit card association gets. A merchant or other third party may convert a transaction into U.S. dollars or another currency, using a rate they select, before sending it to the credit card association.
The section headings of this Agreement are inserted only for convenience and are in no way to be construed as substantive parts of this Agreement.
You agree that in the event of any dispute between you and Lead and Seis, you will 1) first put the issue in writing, sent to Seis via email to legalclaim@seis.com, 2) submit to mediation, paid for by Seis, prior to filing in arbitration/court action in order to resolve the dispute before resorting to more formal means of resolution, including without limitation, any court action.
After the informal dispute resolution process, any remaining dispute, controversy, or claim (collectively, “Claim”) relating in any way to your use of Seis and Lead’s services and/or products, including the Services, will be resolved by arbitration, including threshold questions of arbitrability of the Claim, except as permitted herein. You, Seis and Lead agree that any Claim will be settled by final and binding arbitration, using the English language, administered by JAMS under its Comprehensive Arbitration Rules and Procedures and the JAMS Consumer Minimum Standards (together, the “JAMS Rules”) then in effect (those rules are deemed to be incorporated by reference into this section, and as of the date of these Terms). Arbitration will be handled by a sole arbitrator determined by the agreement of the parties and in accordance with the JAMS Rules. Judgment on the arbitration award may be entered in any court that has jurisdiction. You have a right to have the arbitration conducted via telephone, or as an in-person hearing in your hometown area (if you live in the United States)
YOU AGREE AND ACKNOWLEDGE THAT, WITH REGARD TO ANY CLAIM, SUIT, OR CAUSE OF ACTION RELATED TO THIS AGREEMENT. YOU WAIVE YOUR RIGHT TO INITIATE OR PARTICIPATE IN A CLASS ACTION, ATTORNEY GENERAL ACTION, OR OTHER REPRESENTATIVE ACTION IN COURT OR ARBITRATION EITHER AS A CLASS REPRESENTATIVE OR CLASS MEMBER AND YOU WAIVE YOUR RIGHT TO JOIN OR CONSOLIDATE CLAIMS WITH CLAIMS OF ANY OTHER PERSON.
Accordingly, under the arbitration procedures outlined in this section, an arbitrator shall not combine or consolidate more than one party’s claims without the written consent of all affected parties to an arbitration proceeding. Without limiting the generality of the foregoing, you and Company agree that no dispute shall proceed by way of class arbitration without the written consent of all affected parties.
YOU AND WE ACKNOWLEDGE THAT THE RIGHT TO TRIAL BY JURY IS A CONSTITUTIONAL RIGHT BUT MAY BE WAIVED IN CERTAIN CIRCUMSTANCES. TO THE EXTENT PERMITTED BY LAW, UNLESS YOU ARE A COVERED BORROWER UNDER THE MILITARY LENDING ACT. YOU AND WE KNOWINGLY AND VOLUNTARILY WAIVE ANY RIGHT TO TRIAL BY JURY IN THE EVENT OF LITIGATION ARISING OUT OF OR RELATED TO THIS AGREEMENT. THIS JURY TRIAL WAIVER SHALL NOT AFFECT OR BE INTERPRETED AS MODIFYING IN ANY FASHION THE ARBITRATION CLAUSE, WHICH CONTAINS ITS OWN SEPARATE JURY TRIAL WAIVER.
Payment for any reasonable JAMS filing, administrative and arbitrator fees will be in accordance with the JAMS Rules. If the value of your claim does not exceed $10,000, Seis will pay for the reasonable filing, administrative and arbitrator fees associated with the arbitration, unless the arbitrator finds that either the substance of your claim or the relief sought was frivolous or brought for an improper purpose, except that if you have initiated the arbitration claim, you will still be required to pay the lesser of $250 or the maximum amount permitted under the JAMS Rules for arbitration claims initiated by you. You are still responsible for all additional costs that you incur in the arbitration, including without limitation, fees for attorneys or expert witnesses.
You have the right to opt-out and not be bound by the arbitration and waiver of class provisions set forth in these Terms by sending written notice of your decision to opt-out to ayuda@seis.com or to the U.S. mailing address listed in the “How to Contact Us” section of these Terms. The notice must be sent to Seis within thirty (30) days of your registering to use the Services or agreeing to these Terms (or if this Section 7 is amended hereafter, within 30 days of such amendment being effective), otherwise you shall be bound to arbitrate disputes in accordance with these Terms, and the notice must specify your name and mailing address. If you opt-out of these arbitration provisions, Seis also will not be bound by them.
Notwithstanding anything in these Terms to the contrary, You may instead assert your Claim in “small claims” court, but only if your Claim qualifies, your Claim remains only in such court, and your Claim remains on an individual, non-representative and non-class basis. Further, you and the Company will have the right to bring an action in a court of proper jurisdiction for injunctive or other equitable or conservatory relief, or if the Claim relates to intellectual property infringement or misappropriation.
As a condition to opening the Account, you may be required to deposit funds (“Security Deposit”) into a deposit account under our exclusive control as collateral for your obligation arising from the use of your Card. We will hold the Security Deposit in an omnibus deposit account titled in our name that also contains security deposits provided by our other secured credit card holders (“Omnibus Account”). The Omnibus Account will be established at Lead Bank, Member FDIC (the “Custodial Bank”). Your Security Deposit in the Omnibus Account will be insured by the Federal Deposit Insurance Corporation (“FDIC”) up to the applicable limits. For more detailed information on FDIC coverage, contact the FDIC directly at 1-877-275-3342 or visit www.fdic.gov. The Security Deposit in the Omnibus Account (your “Seis Guaranty Account”) will be returned to you if we determine that you are no longer required to have a security deposit.
You are the beneficial owner of your Seis Guaranty Account; however, you hereby grant us a security interest in your Seis Guaranty Account, including all future deposits thereto, to secure all obligations now or hereafter arising from the use of your Card (“Obligations”). This security interest gives us the right, without prior notification to you, to debit your Seis Guaranty Account for all or any part of the amount then due on your Account: (i) upon any default under this Agreement; (ii) if your Account is past due; or (iii) if your Account is closed for any reason.
In the event that your Account balance remains unpaid for 29 days or more from the date of first delinquency, any outstanding balance on your Account will be automatically paid from any funds held in your Seis Guaranty Account.
For this purpose, the amount due on your Account includes, in addition to the amount of each transaction involving the use of your Card, all interest, fees and charges that accrue on your Account, and all expenses, including reasonable attorney’s fees, incurred in enforcing our rights in connection to your Account.
You waive any right to require the Bank to: (i) proceed against any Cardholder or any other person; (ii) proceed against your Seis Guaranty Account; or (iii) pursue any other remedy in the Bank’s power. The Bank may, without prior notification, and from time to time: (i) renew, compromise, extend, accelerate or otherwise change the terms relating to the Account, including terms governing the Security Deposit; (ii) take and hold security for payment due on the Account and enforce, exchange and release the Security Deposit in any manner that the Bank determines is proper; and (iii) increase or lower the total credit limit on your Account, and no such action shall change the fact that the Security Deposit at all times will act as security for the Account.
Your Credit Limit may be equal to the amount held on deposit in your Seis Guaranty Account. You may transfer funds from your Seis Checking Account, or from an Linked External Bank account or debit card, for the purpose of funding or increasing your Seis Guaranty Account.
You may request that we lower the Credit Limit on your Account by transferring available funds from your Seis Guaranty Account to your Seis Checking Account; however, we reserve the right to deny your request in the event that funds in your Seis Guaranty Account are required to secure an outstanding balance on your Account, or at our sole discretion. You may also request that we pay down the balance on your Account using funds from your Seis Guaranty Account; however, we reserve the right to deny your request at our sole discretion. In either event, if your request is denied, we will notify you of our decision, and if applicable, assist you with other payment options available at that time. You may contact us with questions about transferring funds to or from the Seis Guaranty Account by calling 866-256-1907 or chat in the Seis App.
Your monthly Account statement will include your Seis Guaranty Account balance.
If we determine that you are no longer required to provide a security deposit or that the amount of your Security Deposit is more than we need, we will return these applicable portion of Security Deposit to you by a method we deem sufficient, including but not limited to a statement credit on your Account, by Electronic Funds Transfer to a Linked External Bank account, or by check. If your Account is closed, we will return to you any excess funds that remain in the Seis Guaranty Account after the repayment of all Obligations. We generally return excess funds, if any, within 10 business days after the end of the second billing cycle following the time the funds are initially applied to reduce your Obligations. If we mail a check to you, we will mail it to your mailing address on file with us for the Account.
In the event of your death, we will not release funds on deposit unless all Obligations have been repaid and all legal documents we require are delivered to us.
If there is no activity with respect to your Account for a prescribed period of time, we may presume the funds to have been abandoned and we will escheat the funds to the state of your last known address on file with us, or if the address is unknown, the funds will be escheated to the State of Missouri; the funds will then be the property of that state. We will notify you if required by law prior to escheating any funds held under this Agreement.
We will not pay interest on the Seis Guaranty Account.
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.
Contact us as soon as you can if you think your statement is wrong or if you need more information about a suspected error on your statement, email us at: disputes@seis.com.
We must hear from you:
In your email, give us with the following information:
You may call us, but if you tell us orally, we are not required to investigate any potential errors and you may have to pay the amount in question.
When we receive your notice, we must do two things:
1. Within thirty (30) days after we receive your letter, we must tell you that we received your notice.
2. Within ninety (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:
After we finish our investigation, one of two things will happen:
If you receive our explanation but still believe your bill is wrong, you must write to us within ten (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.
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 is necessary if your purchase was based on an advertisement we mailed to you, or if we own company that sold you the goods or services.)
2. You must have used your credit card for the purchase. To the extent we offer them, 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 electronically at disputes@seis.com or via chat in the Seis App.
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.
Residents of All States: NOTICE TO THE APPLICANT - YOU MAY AT ANY TIME PAY MORE THAN THE MINIMUM PAYMENT, OR YOUR ENTIRE BALANCE IN FULL WITHOUT INCURRING ANY ADDITIONAL CHARGE FOR PREPAYMENT.
Cardmembers: Your signature (including any digital or electronic signature), address and the date on the application, or other evidence of indebtedness, or your acceptance of this Agreement through an electronic transmission to us represents your signature, address and the date on this Agreement, which are incorporated herein by reference.
If you are a California resident, our right to recover any credit extended through the use of your credit card in making purchases from a retailer is subject to good faith defenses which you have properly asserted as a buyer under California law against the retailer from whom the cardholder made the purchases if:
(a) the purchase price at the time as to which a defense is asserted exceeds $50;
(b) the purchase was made within the state of California or if outside California, then within 100 miles of your current designated address in California;
(c) you have made a written demand upon the retailer with respect to the purchase and attempted in good faith to obtain reasonable satisfaction from the retailer; and
(d) you have not already paid the entire amount of the charge by paying your credit card balance down to zero,
(e) you give us written notice specifying the retailer, the date of purchase,
the purchase price, the goods or services purchased, the nature of your
defense with respect to the transaction, as well as the action which you have taken in attempting to obtain satisfaction from the retailer.
Residents of All States, including California, New York, Rhode Island, Utah and Vermont: You give us and our agents, successors, and assigns permission to access your credit report(s) from one or more credit reporting agencies in connection with any transaction, or extension of credit, and on an ongoing basis, for the purpose of reviewing this Account, taking collection action on this Account, or for any other legitimate purposes associated with this Account. Upon your request, you will be informed of whether or not a consumer credit report was ordered, and if it was, you will be given the name and address of the consumer reporting agency that furnished the report. As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.
Residents of Iowa, Maine, Missouri, Nebraska, Oregon, Texas, Utah and Washington: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT, INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT, ARE NOT ENFORCEABLE. TO PROTECT YOU (BORROWER) AND US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT.
California Residents: Married applicants may apply for separate accounts.
Delaware, Maryland and Oregon Residents: Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month. You may pay more than the minimum payment due, up to your entire outstanding balance, at any time.
Florida Residents: Borrower agrees that, should we obtain judgment against you, a portion of your disposable earnings may be attached or garnished (paid to us by your employer) as provided by Florida and federal law.
Idaho Residents: We will not seek to collect attorneys’ fees in situations where the principal balance is $1000.00 or less.
Illinois Residents: (a) No applicant may be denied a credit card on account of race, color, religion, national origin, ancestry, age, sex, marital status, physical or mental handicap unrelated to the ability to pay or unfavorable discharge from military service; (b) the applicant may request the reason for rejection of his or her application for a credit card; (c) no person need reapply for a credit card solely because of a change in marital status unless the change in marital status caused a deterioration in the person’s financial position; and (d) a person may hold a credit card in any name permitted by law that he or she regularly uses and is generally known by, so long as no fraud is intended thereby.
Maryland Residents: You have the right under Section 12-510 of the Commercial Law Code to receive an answer to a written inquiry concerning the status of your Account. Finance charges will be imposed in amounts or at rates not in excess of those permitted by law.
To the extent, if any, Maryland law applies to your account, we elect to offer this Agreement pursuant to Title 12, Subtitled 9 of the Maryland Commercial Law Code.
New Hampshire Residents: You shall be awarded reasonable attorney's fees if you prevail in any legal action you bring against us or we bring against you. If you successfully assert a partial defense, set-off or counterclaim against us in an action we bring against you, the court or arbitrator may withhold from us the entire amount or such portion of the attorney's fees as it considers equitable. You or your attorney may file a complaint with the New Hampshire Commissioner of Banking, State of New Hampshire Banking Department, 53 Regional Drive, Suite 200, Concord NH 03301. Instructions for filing complaints can be found on the Commissioner's website at www.nh.gov/banking/consumer-assistance/complaint.htm.
New Jersey Residents: Because certain provisions of the Agreement are subject to applicable laws, they may be void, unenforceable or inapplicable in some jurisdictions. None of these provisions, however, is void, unenforceable or inapplicable to New Jersey residents. The section headings in this Agreement serve as a Table of Contents and not contract terms.
New York Residents: New York residents may contact the New York State Department of Financial Services to obtain a comparative listing of credit card rates, fees and grace periods by calling 1-800-342-3736, or on the web at www.dfs.ny.gov.
Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy consumers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
South Dakota Residents: If there are any improprieties in the servicing of this loan or in any loan practices, please refer to the South Dakota Division of Banking: South Dakota Division of Banking 1714 Lincoln Ave, Suite 2, Pierre, South Dakota 57501; (605) 773-3421.
Washington Residents: In accordance with the Revised Code of Washington Statutes, Section 63.14.167, you are not responsible for payment of interest charges that result solely from a merchant's failure to transmit to us within seven working days a credit for goods or services accepted for return or forgiven if you have notified us of the merchant's delay in posting such credit, or our failure to post such credit to your account within three working days of our receipt of the credit.
Wisconsin Residents: Holders of the credit card agreement are subject to all claims and defenses which the debtor could assert against the seller of goods or services obtained pursuant hereto or with proceeds hereof. Recovery by debtor shall not exceed amounts paid by debtor hereunder
Married Wisconsin Residents: If you are married: (i) you confirm that this Account is being incurred in the interest of your marriage or family; (ii) no provision of any marital property agreement, unilateral statement, or court decree under the Wisconsin Marital Property Act will adversely affect a creditor's interest unless, before the time credit is granted, the creditor is furnished a copy of that agreement or decree or is given complete information about the agreement or decree; (iii) you understand and agree that we will provide a copy of this Agreement to your spouse for his or her information. If the Account for which you are applying is granted, you will notify us if you have a spouse by sending your name and your spouse's name and address to us at Lead Bank c/o Seis, Inc. 3400 N Ashton Blvd, Lehi, UT 84092, Suite 410.
If you are applying for individual credit or joint credit with someone other than your spouse, and your spouse also lives in Wisconsin, combine your financial information with your spouse's financial information.