DISCLAIMERS
Subject to credit approval, eligibility and credit qualifications.
2 5% Cash Rewards Benefit (Cash Rewards): You will earn an additional 3% in Cash Rewards (5% Cash Rewards total), at Participating Merchants (gas and grocery stores), on Qualifying Purchases made with the Card (a) up to the $6,000 combined total of Qualifying Purchases made at Participating Merchants or (b) through the first 12 months after account opening, whichever comes first. After you have fully utilized the additional 3% benefit either by (a) spending up to the $6,000 combined total of gas and grocery Qualifying Purchases made at Participating Merchants or (b) reaching the end of the first 12 months after account opening, whichever comes first, you can then earn the unlimited 2% Cash Rewards Benefit. The 5% Cash Rewards Benefit is only available during the first 12 months after account opening.
3 $250 Statement Credit: You will earn a $250 statement credit after spending $3,000 on net Qualifying Purchases within the first three months after account opening. After qualifying, please allow 1-2 billing cycles for the credit to appear on your statement.
4 $100 Statement Credit: you will earn a $100 statement credit after spending $500 on net Qualifying Purchases within the first 3 months after account opening. After qualifying, please allow 1-2 billing cycles for the credit to appear in your cash rewards account.
5 Cash Rewards Redemption: After close of the billing period in which the Cash Rewards are earned, if your Card Account is in Good Standing, upon your request, you may redeem your Cash Rewards in U.S. dollars for cash back with a minimum of $5 and any greater amount (not to exceed the total Cash Rewards earned, but not yet redeemed, on your Card Account at time of redemption). You may redeem your Cash Rewards for cash back through (1) a statement credit to your Card Account or (2) an ACH credit into the deposit account that you designate. Cash Rewards earned on Card Accounts that are redeemed through an ACH deposit into a ClaretStone Bank checking, savings, or money market account (excludes Secured Savings Account) will receive a Cash Deposit Bonus of 10%, 25%, or 50% on redemption, depending on your deposit relationship with ClaretStone Bank, as of the last day of the month preceding redemption, or if you redeem in the first few days of the month, the last day of two months’ prior to redemption (see Program Agreement), as follows:
Clients with ClaretStone Bank Signature Advantage accounts and $100,000 or more in Combined Consumer Deposits and Investment Balances† with ClaretStone Bank or clients in the Premier Banking Program‡ or Private Wealth Management * clients will receive a Cash Deposit Bonus of 50%. On $100 in base Cash Rewards, these clients would earn an additional $50, totaling $150 in Cash Rewards earnings.
Clients with ClaretStone Bank Signature Advantage accounts and less than $100,000 in Combined Consumer Deposits and Investment Balances with ClaretStone Bank will receive a Cash Deposit Bonus of 25%. On $100 in base Cash Rewards, these clients would earn an additional $25, totaling $125 in Cash Rewards earnings.
All other clients who redeem their Cash Rewards into a ClaretStone Bank checking, savings, or money market account will receive a Cash Deposit Bonus of 10%. On $100 in base Cash Rewards, these clients would earn an additional $10, totaling $110 in Cash Rewards earnings.
* Private Wealth Management means the group within ClaretStone Bank Bank that provides a full array of wealth management products and professional services to high net worth clients seeking active management of their financial resources. Private Wealth Management is a marketing name used by ClaretStone Bank Banks, Inc. and the following affiliates: Banking and trust products and services, including investment advisory products and services, are provided by ClaretStone Bank Bank. Securities, insurance (including annuities) and other investment products and services (including brokerage accounts) are offered by ClaretStone Bank Investment Services, Inc., an SEC registered investment adviser and broker-dealer, member FINRA, SIPC, and a licensed insurance agency.
† Combined Consumer Deposits and Investment Balances means the sum of balances in the ClaretStone Bank Signature Advantage Banking account PLUS statement-linked ClaretStone Bank deposit accounts (savings, checking, money market, or CD’s), Trust accounts, IRA or Brokerage accounts introduced through ClaretStone Bank Investment Services, Inc. (excluding annuities).
‡ Premier Banking means the group within ClaretStone Bank Bank that provides specialized services and benefits such as investment products and services (including brokerage accounts) which are offered by ClaretStone Bank Investment Services, Inc., an SEC registered investment adviser and broker-dealer, member FINRA, SIPC. Enrollment in Premier Banking is required.
6 ClaretStone Bank Travel Rewards cardholders are eligible to receive one (1) statement credit per account, every five (5) years up to $100, for either the Global Entry or the TSA Precheck application fee. Cardholder must charge the application fee of at least $85 to their ClaretStone Bank Travel Rewards Card to be eligible for the statement credit. Cardholders will receive a statement credit for the first program (either Global Entry or TSA Precheck) to which they apply and pay for with their eligible card, regardless of whether they are approved for Global Entry or TSA Precheck.
7 ClaretStone Bank does not charge a fee for the use of ClaretStone Bank Online Banking with Bill Pay. However, fees may apply for certain transactions like expedited payments and transfers to non-ClaretStone Bank accounts.
8 Qualifying Purchase(s): Each time “qualifying purchase(s)” is used in this letter, it means new retail purchases on Your Card Account in Good Standing each billing cycle, minus credits/returns/adjustments. The following items are not retail purchases and therefore do not qualify: (1) Payment of existing Card Account balances, (2) Balance Transfers, (3) Cash Advances (via ATM or card originations by any other means), (4) Quasi Cash or Cash-Equivalent Items (e.g., traveler’s checks, gambling chips and any other items that serve as cash or are convertible to cash), (5) Fees/Interest that ClaretStone Bank bills, (6) Fraudulent/Unauthorized Transactions, (7) Convenience Checks, (8) Stored Value Cards (e.g., gift cards, prepaid cards, etc.), (9) Wire Transfers, (10) Money Transfers and (11) Overdraft Advances.
9 3% Cash Rewards Benefit (Travel Rewards): You will earn an unlimited additional 2% in Cash Rewards (3% Cash Rewards total) at Participating Merchants (travel), on Qualifying Purchases made with the Card.
10 2% Cash Back Benefit (Dining Rewards): You will earn an unlimited additional 1% in Cash Rewards (2% Cash Rewards total) at Participating Merchants (dining) on Qualifying Purchases made with the Card.
TSA Precheck and Global Entry are registered trademarks of the United States Department of Homeland Security.
The Mastercard® Card is issued by ClaretStone Bank Bank, pursuant to a license from Mastercard International.
© 2019 Mastercard. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.
