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Peoples Trust® Secured MasterCard® Credit Card Application
YOUR INFORMATION
    REFERRAL CODE
     
 
PLEASE COMPLETE APPLICATION IN FULL TO AVOID PROCESSING DELAYS
I prefer to receive my correspondence in English French
Last Name First Name Initial
Suite Street Address
City/Town Province Postal Code
Years at this address yrs. mos.   Own? Rent? Other?
Previous address if less than 2 years
Social Insurance Number - - Date of Birth (dd/mm/yyyy) / /
Telephones: Home   - Work   - Cell phone   -
Email Mother's Maiden Name
Current Employer Yearly income
Employer Address
Years at current employment Occupation
AUTHORIZED USER* INFORMATION(IF APPLICABLE)
Last Name First Name Initial
Suite Street Address
City/Town Province Postal Code
Social Insurance Number - - Date of Birth (dd/mm/yyyy) / /
Telephones: Home   - Work   - Cell phone   -
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My signature means that I agree to the Conditions included with this form, and consent to, and accept this written notice of your obtaining a credit report or other information about me from any person. I also agree to the ongoing collection, use and disclosure of information relating to me as set out in the conditions and in the credit card agreement relating to my account. I agree that if no box is checked, I have expressly requested that any agreements and related documents be drawn up in English. Je conviens que si aucun choix n’est effectué, j’ai expressément demandé que toutes conventions et tous documents qui s’y ratachent soient rédigés en langue anglaise.

*Authorized User: An Authorized User is someone who has the primary cardholder's permission to utilize their credit card account. The Authorized User is not liable for the payment of the account, and will not be reported to the credit bureau regardless of who made the charges that make up the outstanding balance.


I the undersigned hereby declare that I am not acting on behalf of a third party and that the account referred to herein does not have any beneficial owners.
Applicant's signature X   Date (dd/mm/yyyy)
Personal Cheque (only acceptable form of payment) enclosed for $ (Minimum of $500.00)

After completing this application form, send it together with your personal cheque to: Peoples Trust, P.O. Box # 48235, 595 Burrard St. Vancouver, BC, V7X 1A1





I certify that the information given above is true and correct and by signing, I accept as notice in writing of, and consent to, collection, use, disclosure and verification of any credit, personal or other information about me at any time from, to or with any credit reporting agency, credit grantor, or any other person, and I authorize those parties to give information to you. I understand that all such information shall be collected, used and disclosed by you, and any of your affiliates, agents, service providers, successors and assigns to assess my creditworthiness for this application and my on-going creditworthiness, for determining my eligibility for any other products or services to be offered to me and for such other uses not prohibited by law. The Peoples Trust Credit Card is issued by Peoples Trust, a Principal Member of MasterCard®. By signing this application, I agree to abide and be bound by the terms and conditions of the Credit Card Agreement which Peoples Trust will send to me (as amended or restated from time to time). I agree that you may open a Peoples Trust MasterCard® account in my name ("Account"), issue me a card(s), Personal Identification Number and renewals or replacements from time to time. I agree that if I use my card or account, I shall be deemed to have requested and received the card, Account and Credit Card Agreement, and to agree with everything written in the Credit Card Agreement and this application.

I may obtain your privacy policy or review my options for refusing or withdrawing my consent, including my option not to be contacted about offers of products or services by contacting your Customer Service Center at 1-877-694-6200.

Security – Cash Collateral

As security for the performance of all my obligations relating to my credit card account ("Account"), including repayment of all credit extended through my Account, I pledge and grant to Peoples Trust Company and to Peoples Trust Financial Ltd and to their assignees (collectively, “Peoples Trust”), a first-priority security interest (in Quebec, a movable hypothec with delivery) in all funds, including interest on such funds, now or hereafter delivered by me to Peoples Trust (the “Funds”) as of the date of my delivery of such funds to Peoples Trust. The Funds will be held in an interest bearing account at Peoples Trust Company (the "Security Deposit Account"), with interest** payable to me annually on the anniversary of the opening of the Security Deposit Account. Interest rates for the Security Deposit Account are subject to change. I agree to pay all charges and fees relating to my Security Deposit Account and the Funds, as disclosed to me from time to time by Peoples Trust Company. I will not grant any other party any interest in the Funds. I also understand that my Funds will not be returned to me until all of my indebtedness with respect to my Account is fully satisfied, all credit cards have been returned to Peoples Trust and all of my other obligations have been performed, and in no event will Funds be returned in less than 4 weeks after receipt of notice of termination of my account. If I have made a false or misleading material statement in this application, if I exceed my credit limit, fail to make a payment when due or otherwise default under the terms of the Peoples Trust Credit Card Agreement or the security agreement, or if Peoples Trust or I terminate my Account, Peoples Trust may, without notice to me or demand for payment, withdraw Funds from the Security Deposit Account and apply such amounts in satisfaction of any of my obligations with respect to my Account. If Peoples Trust hires a law firm to enforce its rights with respect to my Account or the Funds, I agree to pay Peoples Trust all reasonable legal fees and court costs that Peoples Trust incurs, to the extent permitted by law.

If approved, my Account will be charged a one time set up fee of $49.00 plus $29.00 for each supplemental card, which will be billed on the first statement. A monthly fee of $5.95 applies plus $2.95 monthly for each additional card. There is an over-limit fee of $29.00 for each month the credit limit is exceeded, and a NSF fee of $39.00 for each cheque or other instrument that is returned unpaid. The annual interest rate on unpaid balances for purchases is currently 19.5% and accrues from the date the purchase is posted, if the outstanding balance is not paid in full within 25 days of the statement date. The annual interest rate for cash advances is 24.5% and accrues from the date the cash advance is made until it is paid in full. There is a transaction fee of $5.00 for each cash advance. When the Account is in arrears for more than one month, the annual interest rate is 24.5% on all balances. The minimum deposit required is $500.00 and the maximum deposit accepted is $25,000.00.
REV. JAN 2010
 
SECURED MASTERCARD FEATURES
Annual Percentage Rate
(APR)		 Purchases: 19.5% Interest is charged from the date of purchase is posted to the account until payment is made in full.No interest is charged on purchases appearing in the account statement for the first time if the account is paid in full by the payment due date.

Purchases (for accounts in arrears): 24.5% The annual percentage rate for purchases increases to 24.5% if the minimum payment required is not paid by the due date in two consecutive months.

Cash Advances: 24.5% Interest is charged from the date of posting to the account until paid in full.
Interest-free Grace Period At least 25 days after the Statement Date.
If the outstanding balance is not paid in full before the end of the grace period,interest is charged from the date the purchase is posted until it is paid in full.
Determination of Interest We calculate Periodic Rate Interest Charges for each category by the Daily Rate Average Balance Method. That is, the average daily balance for category is calculated by adding together the daily balance outstanding for each day in the billing cycle and dividing the total by the number of days in the billing cycle, multiplying that number by the DRP and the number of days in the cycle. Once a month,we add any accumulated interest to the total outstanding balance you owe. DRP means Daily Periodic Rate and is calculated by dividing the APR by 365.
Minimum Payment The Minimum Payment Due shown on your monthly statement each billing cycle will be the greater of:
1. The sum rounded to the nearest dollar, of all Periodic Rate Interest Charges, Transaction Fees and Account Fees plus $10.00;or
2. 3.00% of the Total New Balance rounded to the nearest dollar
Foreign Currency Conversion 2.5%(in addition of 1% of the transaction amount being converted or other fee charged by MasterCard International)
Annual Fees $71.40($5.95/month; collected monthly) - for each primary card
$35.40($2.95/month; collected monthly) - for each supplemental card
Application and Set-up Fee $49.00 - one time application and set-up fee applied on your first statement
$29.00 - one time application and set-up fee for each supplemental card; applied on your first statement
Cash Advance Fee $5.00 for each cash advance at a banking machine or from financial institution
Overlimit Fee $29.00 - if the account exceeds the credit limit at any time during a billing cycle
Returned Payment Fee $39.00 - for each payment returned by a financial institution
Duplicate Copy Fee $2.50/page - for each duplicate monthly statement requested
Duplicate Sales Draft Fee $5.00 each - for each duplicate sales draft requested
Balance Transfer Fee $5.00 - for each transfer of an outstanding balance to the account made at your request
Inactive Credit Balance Fee $10.00 - applied to inactive accounts which have been closed and have credit balances outstanding

** 0.50% interest on security deposit payable at time of closure only if MasterCard Card has been active for a minimum of one year