CAPITAL ONE® ACCOUNT TERMS

Interest Rates and Interest Charges

Annual Percentage
Rate (APR) for 20.99%.
Purchases This APR will vary with the market based on the Prime Rate.

APR for Cash 26.99%.

Advances
This APR will vary with the market based on the Prime Rate.

Penalty APR and 29.4%.

When It Applies
This APR will vary with the market based on the Prime Rate.
This APR may be applied to your account if you make a late payment.

Minimum Payment If balance is less than your credit line: 10% of balance plus any late payment fees and/ or interest
Calculation charges, plus any past due amount.

If balance is greater than your credit line: 100% of balance above your credit line plus 10% of your
balance up to your credit line plus any late payment fees and/or interest charges, plus any past due
amount.

Paying Interest Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest
on new purchases, provided you have paid your previous balance in full by the due date each month.
We will begin charging interest on cash advances on the transaction date.

For Credit Card Tips To learn more about factors to consider when applying for or using a credit card, visit the website of
from the Consumer the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore.
Financial Protection
Bureau

Fees
Annual Fee $0 intro for the first year, $95 thereafter.

Transaction Fees

• Cash Advance Either $10 or 3% of the amount of each cash advance, whichever is greater.

Penalty Fees

• Late Payment Up to $39.

995D995

How Do You Calculate My Balance? We use a method called “average daily balance (including new transactions).” See “How
Do You Calculate The Interest Charge?” section below.
Are There Any Other Penalty Fees Associated With This Card That Are Not Listed In The Box Above? No. There are no
additional Penalty Fees associated with this card.
What Should I Put For Total Annual Income? You may include personal income, which is income you have earned, including
full-time, part-time, or seasonal jobs, self-employment, interest or dividends, retirement, and public assistance. You may also
include shared income, which is money from somebody else that is regularly deposited into your individual account or into a joint
account that person shares with you. If you are 21 or over, you may also include somebody else’s income that is regularly used to
pay your expenses.
Can You Change My APRs? If your payment is received late (3 or more days after your payment due date) twice within any 12
billing periods, we may increase your APRs to the Penalty APR disclosed above. If we increase your APRs for late payments, we
may return you to your prior APRs if you make at least the minimum payment on time for 12 consecutive billing periods. In the
future, we may increase your APRs if market conditions change. If we increase your APRs for any reason other than an increase
in the Prime Rate or if you paid late as disclosed above, we will notify you in writing of your options in advance, including the right
to opt out.
What About Any Other Terms Of My Account? We may change any other terms of your account, other than APRs, at any time.
If we change any of these terms, we will notify you in writing of your options in advance, including the right to opt out of certain
changes.
How Do You Calculate My Variable Rates? Your variable rates may change when the Prime Rate changes. We calculate
variable rates by adding a percentage to the Prime Rate published in The Wall Street Journal on the 25th day of December,
March, June and September. If the Journal is not published on that day, then see the immediately preceding edition. Variable rates
on the following segment(s) will be updated quarterly and will take effect on the first day of your January, April, July and October
billing periods: Purchase APR: Prime plus 17.74%; Cash Advance APR: Prime plus 23.74%; Penalty APR: Prime plus 26.15%.
Any increase in the Prime Rate may increase your Interest Charges and your Minimum Payment.
How Do You Determine My Credit Line? We will determine your credit line after a review of your application and your ability to
pay. If your application is approved, the minimum credit line you will receive is $5,000.
What Are The Daily Periodic Rates Used To Calculate My Interest? The daily periodic rate for your Purchase APR is
0.05751%, Cash Advance APR is 0.07395%, and Penalty APR is 0.08055%. See “How Do You Calculate The Interest Charge?”
section in the enclosed Additional Disclosures.
How Do You Calculate My Minimum Payment? If your balance is less than $15, your minimum payment will be equal to your
balance. Otherwise your minimum payment will be the greater of (1) $15; or (2) 10% of the balance up to your credit limit plus
100% of the amount above the credit limit, plus new interest and late payment fees. We will also add any past due amount to your
minimum payment. If your Account charges off, the entire balance is due immediately.
Can I Use This Card For Transfers Or Cash Advances? Transfers and access checks are not allowed on this account. Cash
advances may be available in limited circumstances. See the Guide to Benefits for more details.
Visa is a registered trademark of Visa International Service Association.
THINGS YOU SHOULD KNOW ABOUT THIS REWARDS PROGRAM

How do I earn rewards? You will earn 2% cash back on net purchases (purchases minus any credits or returns) only. Cash
advances, balance transfers, and checks used to access your account are not considered purchases and will not earn rewards.
How does my spend bonus work? You will earn a $500 bonus if you spend at least $4,500 within 3 months of your rewards
membership enrollment date. Once you qualify for this bonus, we will apply it to your rewards balance within two billing cycles.
Existing or previous Accountholders may not be eligible for this one-time bonus.
Will my rewards ever expire? Your rewards are yours for the life of the account—they will not expire. But if your account is
closed, you will lose any rewards you have not redeemed.
Is there a limit to the amount of rewards I can earn? There is no cap to the amount of rewards you can earn on purchases.
How do I redeem my rewards? You can get your cash back upon request in the form of a statement credit or a check. You can
also set up an automatic redemption preference; options include: (1) at a set time each calendar year or (2) when a specific
threshold ($25, $50, $100, $200, $500 or $1,500) has been reached. Just go online to capitalone.com. You can also redeem for
credits for previous purchases, gift cards, and more. Rates for these redemption options may vary and are subject to change
without notice.
What happens if I do not set up an automatic redemption preference? Until you set up an automatic redemption preference,
you will receive your cash back upon your request.
How often can I change my automatic redemption preference? You may change your automatic redemption preference at any
time, but you cannot request an annual redemption to be fulfilled in the same month you make a change. If you have an automatic
redemption preference, you may also make upon-request redemptions without interfering with your pre-established automatic
redemption preference.
Is my account eligible to transfer rewards? Your account may be eligible to transfer rewards. Please be aware that transfers
are only permitted between certain Capital One rewards accounts. Not all rewards products are eligible for transfer.

ADDITIONAL DISCLOSURES & TERMS AND CONDITIONS

I, as the Business Signer, understand that I am not eligible for this offer if:
• My application is received after the offer expires, is incomplete, unreadable, inaccurate or cannot be verified.
• My address is not in one of the following locations: the 50 United States, Washington, D.C., or a U.S. military location.
• My address is a correctional institution.
• I am under 18 years of age or do not have a valid Social Security Number or Individual Taxpayer Identification Number.
• I have applied for a Capital One credit card 2 or more times in the last 30 days.
• I have 5 or more open credit card accounts with Capital One.
• I have a past due Capital One credit card account.
• I am over my credit line on a Capital One credit card.
• I have had a Capital One credit card that charged off within the past year.
• I have a non-discharged bankruptcy (one that is still unresolved).
• My current or past business credit card accounts exhibit(ed) high transaction costs.

The Business Signer and the Business, through the Business Signer, hereafter collectively referred to as “we”, hereby:
i. Acknowledge we are not obligated to accept this account or pay any fee or charge unless this card is used.
ii. Apply to Capital One Bank (USA), N.A. (Capital One®) and request that Capital One establish a Capital One Spark Business
Credit Card account (“Account”) and issue a credit card on the Account to the Business Signer whose signature appears on
this application and to all “Authorized Users” for whom additional cards are requested.
iii. Agree to be bound by the terms and conditions of the Customer Agreement, and future revisions thereof that will be sent to us
after the account is opened, including the provision therein that the Customer Agreement and the Account will be governed by
Virginia and federal law.
iv. Acknowledge and agree that all cards and convenience checks will be used solely for business or commercial purposes and
not for personal, family or household purposes.
v. Agree that the Business and the Business Signer will be liable for all transactions made with all cards and convenience
checks on the Account.
vi. Acknowledge that each Authorized User is duly employed by the Business as of the date a card is requested for such
Authorized User.
vii. Agree to be individually, jointly and severally liable for all charges to the card(s) issued to the above Authorized Users.
viii. Agree that the Business Signer and the Business, including all Authorized Users, may be contacted by Capital One regarding
all cards and the account as described in the Customer Agreement. For example, providing a mobile telephone number in
connection with this account expressly permits Capital One to use that number to contact the relevant party. Contact includes
receiving messages from Capital One and their authorized agents, including prerecorded and text messages, and calls with
an automatic telephone dialer (autodialer).
ix. Authorize the receipt and exchange of credit information on both the Business Signer and the Business, including the
exchange of information between Capital One and affiliates. Our agreement terms (for example, rates and fees) are subject to
change. Everything that is stated in this application is true to the best of our knowledge. We understand that the Business
Signer and each Authorized User must be 18 years or older and a U.S. citizen or permanent resident alien and that the
Business must be a U.S. business with an address inside of the 50 United States, Washington, D.C., or a U.S. military
location to qualify for this offer. In addition, we understand that the Business Signer must hold a position, such as owner or
president, having the authority to legally bind the Business. We understand that approval is based upon satisfying
Capital One’s credit standards. Any delinquencies and default history may be considered in determining creditworthiness.
x. Authorize Capital One to check the Business’s credit record and the Business Signer’s credit record and employment history.
Capital One may contact the Business Signer to obtain or confirm application information. Capital One’s decision to contact
the Business Signer may be based on creditworthiness. This offer is nontransferable.

THINGS YOU SHOULD KNOW ABOUT THIS CARD

How Do You Apply My Payment? We will apply payments up to your minimum payment first to the balance with the lowest APR
(including 0% APR), and then to balances with higher APRs. We apply any part of your payment exceeding your minimum
payment to the balance with the highest APR, and then to balances with lower APRs.
How Can I Avoid Paying Interest Charges? If you pay your statement’s “New Balance” in full by the due date each month, we
will not charge interest on any new transactions that post to the purchase balance. If you have been paying your account in full
without interest charges, but fail to pay your next “New Balance” in full, we will charge interest on the unpaid balance. For cash
advances, we will start charging interest on the transaction date. From time to time, we may give you offers that allow you to pay
less than the total balance and avoid interest charges to new transactions that post to your purchase balance. If we do, we will
provide details in the specific offer.
How Is The Interest Charge Determined? Interest charges accrue from the 1) date of the transaction, 2) date the transaction is
processed or 3) first day of the billing period. Interest accrues daily on every unpaid amount until it is paid in full. Any interest that
has accrued during a billing period will post to your Account at the end of the billing period and will appear on your next Statement.
This means you may owe Interest Charges even if you pay the entire “New Balance” one month, but did not do so the previous
month. For example, even if a customer pays their balance in full on a February 26th due date, interest would continue to accrue
on the balance from February 2nd (the start of the Billing Cycle) through February 26th, and will appear on their next Statement.
Once you start accruing Interest Charges, you generally must pay your New Balance in full for two consecutive Billing Cycles
before Interest Charges stop being posted to your Statement. Interest Charges are added to the proper segment of your account.
However, we reserve the right to not assess Interest Charges.
How Do You Calculate The Interest Charge? We use a method called Average Daily Balance (including new transactions).
Under this method, we first calculate your daily balance; for each segment, 1) take the beginning balance and add in new
transactions and the periodic interest charge on the previous day’s balance, then 2) subtract any payments and credits for that
segment as of that day. The result is the daily balance for each segment. However, if you paid your previous month’s balance in
full (or if your balance was zero or a credit amount), new transactions which post to your purchase or special purchase segments
are not added to the daily balances. Also, transactions subject to a grace period are not added to the daily balances.
Next, to find your Average Daily Balance: 1) add the daily balances together for each segment, and 2) divide the sum by the
number of days in the billing cycle.

At the end of each billing cycle, we determine your Interest Charge as follows: 1) multiply your Average Daily Balance by the daily
periodic rate (APR divided by 365) for that segment, and 2) multiply the result by the number of days in the billing period. NOTE:
Due to rounding or a minimum interest charge, this calculation may vary from the interest charge actually assessed.
Are Unauthorized Use Or $0 Fraud Liability Claims Subject To Investigation And Verification? Yes.
How Do I Get A Year-End Summary? Your Capital One Spark Business Card account must be open and in good standing (not
overlimit or past due) and must have had at least one transaction in the last calendar year to receive a Year-End Summary.
Will This Card Be Reflected On My Personal Credit Report? Late payments, missed payments or other defaults on your
account may be reflected on your personal credit report.
Will This Card Be Reflected On My Business Credit Report? Several items may be reflected on your business credit report.
Items may include but are not limited to statement balance, late payments, missed payments or other defaults.

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.

STATE-SPECIFIC INFORMATION

Ohio Residents: Ohio anti-discrimination laws require creditors to make credit equally available to all creditworthy customers and
that credit reporting agencies maintain separate credit histories on individuals upon request. The Ohio Civil Rights Commission
administers these laws.
New York and Vermont Residents: Capital One may obtain your credit reports, for any legitimate purpose associated with the
account or the application or request for an account, including but not limited to reviewing, modifying, renewing and collecting on
your account. On your request, you will be informed if such a report was ordered. If so, you will be given the name and address of
the consumer reporting agency furnishing the report. New York residents may contact the New York State Department of Financial
Services by telephone or visit its website for free information on comparative credit card rates, fees and grace periods. New York
State Department of Financial Services: 1-877-226-5697 or http://www.dfs.ny.gov.
Wisconsin Residents: No provision of any marital property agreement, unilateral statement, or court order applying to marital
property will adversely affect a creditor’s interests unless, prior to the time credit is granted, the creditor is furnished with a copy of
the agreement, statement or court order, or has actual knowledge of the provision. If the credit card for which you are applying is
granted, you will notify the Bank if you have a spouse who needs to receive notification that credit has been extended to you.

FRAUD LIABILITY NOTICE

Claims of unauthorized use or $0 Fraud Liability are subject to verification and investigation.

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N.A. Capital One supports information privacy protection: see our Web site at www.capitalone.com.