BMW Signature Card
Important Information

IMPORTANT INFORMATION

INTEREST RATES AND INTEREST CHARGESBMW SIGNATURE CARDBMW CARD
Annual Percentage Rate (APR) for Purchases and Balance Transfers0.00% introductory APR for 15 months.
After that, your APR will be 15.24% to 26.24%, depending on your creditworthiness.
This APR will vary with the market based on the Prime Rate.
0.00% introductory APR for 15 months.
After that, your APR will be 15.24% to 26.24%, depending on your creditworthiness.
This APR will vary with the market based on the Prime Rate.
APR for Cash Advances27.24%
This APR will vary with the market based on the Prime Rate.
27.24%
This APR will vary with the market based on the Prime Rate.
Penalty APR and
When It Applies
31.24%
This APR will vary with the market based on the Prime Rate.
This APR may be applied to your account if you:
1) Make a late payment; or
2) Make a payment that is returned.

How Long Will the Penalty APR Apply?:
If your APRs are increased, the Penalty APR will apply until you make six consecutive minimum payments when due.
31.24%
This APR will vary with the market based on the Prime Rate.
This APR may be applied to your account if you:
1) Make a late payment; or
2) Make a payment that is returned.

How Long Will the Penalty APR Apply?:
If your APRs are increased, the Penalty APR will apply until you make six consecutive minimum payments when due.
Paying InterestYour due date is at least 22 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month.Your due date is at least 22 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
Minimum Interest ChargeIf you are charged interest on purchases, the charge will be no less than $0.50.If you are charged interest on purchases, the charge will be no less than $0.50.
For Credit Card Tips from the Consumer Financial Protection BureauTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/credit-cards/. To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/credit-cards/.
FEES
Annual Fee$75.None.
Transaction Fees
• Balance TransferEither $5 or 4% of the amount of each Balance Transfer, whichever is greater.Either $5 or 4% of the amount of each Balance Transfer, whichever is greater.
• Cash AdvanceEither $10 or 4% of the amount of each Cash Advance, whichever is greater.Either $10 or 4% of the amount of each Cash Advance, whichever is greater.
• International Transaction3% of each transaction in U.S. dollars.3% of each transaction in U.S. dollars.
Penalty Fees
• Late PaymentUp to $35.Up to $35.
• Returned PaymentUp to $35.Up to $35.
How We Will Calculate Your Balance: We use a method called “daily balance (including new transactions).”
Loss of Introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment.

This information is accurate as of October 10, 2018.

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 percent. 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 participation fees for a credit card account). To hear disclosures related to the Military Lending Act, please call this toll-free number: 1-877-724-3317

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 your driver’s license or other identifying documents.
By completing and returning the BMW Signature Card application, you are requesting a credit card. You certify that the information you provided in your BMW Signature Card application is true, correct and complete. You give us permission to request information from you and to make whatever inquiries we consider necessary and appropriate (including requesting a consumer report from consumer reporting agencies) in considering granting you credit and for the purposes of any updates, renewals, extension of credit, reviewing or collecting your account, or for any other lawful purpose. You agree that we may contact you for any reason regarding your Account, including collection of payments, using (i) any contact information, including, but not limited to, an e-mail address or cell phone number you provide at the time of completion of the application or in the future and (ii) an automated telephone dialing system and/or artificial or prerecorded voice message, even if you are charged for the call under your phone plan, unless you call us at 888-269-2273 to limit this consent. However, we will not contact you to deliver advertisements or telemarketing messages using an automatic telephone dialing system or an artificial or prerecorded voice (“telemarketing messages”) without your consent. You are not required to consent to telemarketing messages as a condition of obtaining a credit card account. If you enter your telephone number and sign the application, you authorize us to deliver or cause to be delivered telemarketing messages to that number. You understand that the credit card cardholder agreement (“Agreement”) that you will receive with your credit card provides for the compounding of interest charges. In any communication with BMW Bank of North America be sure to include your name, address, and telephone number with your correspondence. You also agree that there is no agreement between you and us until we approve your BMW Signature Card application and issue your credit card. Cards are issued and credit is extended by BMW Bank of North America, Salt Lake City, Utah, and you agree that the Agreement will be deemed to have been made in Utah if and when BMW Bank of North America issues your credit card, and you agree to be bound by the terms.

California: A married applicant may apply for a separate account. We will not disclose marketing information about you to marketers of goods if you call us at 888-BMW-CARD (888-269-2273). Delaware: Service charges not in excess of those permitted by law will be charged on the outstanding balance from month to month. Maryland: Finance charges will be imposed in amounts or at rates not in excess of those permitted by law. New York: New York residents may contact the New York state department of financial services by telephone at (800) 342-3736 or visit its website, www.dfs.ny.gov, for free information on comparative credit card rates, fees and grace periods. Ohio: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law. Washington: If your credit references and/or history may be verified in another name, you should indicate that in the application. Wisconsin: No provision of a marital property agreement, a unilateral statement under section 766.59 or a court decree under section 766.70 adversely affects the interest of the creditor unless the creditor, prior to the time credit is granted, is furnished a copy of the agreement, statement of decree or has actual knowledge of the adverse provision when the obligation to the creditor is incurred. Married Wisconsin Residents: We are required to ask married residents of Wisconsin applying for an individual account or a joint account with someone who is not their spouse to give us the name and address of their spouse, regardless of whether their spouse may use the card. Please furnish the name and address of your spouse to: BMW Card Services, P.O. Box 9210, Old Bethpage, NY 11804.