Common use of Type of Account and Eligibility Clause in Contracts

Type of Account and Eligibility. The Account is an interest-bearing demand deposit account used to hold your deposits and make certain types of payments and transfers. When we receive the funds that you deposit to your Account, the funds will be held and accounted for so as to be insured by the FDIC, subject to applicable limitations and restrictions of such insurance. To open an Account, you must be a United States citizen or lawful permanent resident, have a physical address within the fifty (50) United States, the District of Columbia or a military address (APO or FPO), be at least 18 years of age, and have a valid Social Security Number or Tax Identification Number. Other eligibility requirements may apply. This Account is only available to individuals for personal, family or household purposes and may not be opened by a business in any form or used for business purposes. We may set such eligibility criteria or decline to open an Account for any reason permitted by law and at our sole discretion. We are not liable for any Losses (as defined below) resulting from refusal of an Account relationship. We may also limit the number of Accounts that you have in our sole discretion. Your Account is subject to security and fraud prevention restrictions at any time, with or without notice. 1.2.1. Account Tiers We offer two (2) types of Account tiers: Basic Tier and Foyer+ Premium Subscription Tier. You may subscribe to the Foyer+ Premium Subscription Tier if you pay the monthly or annual subscription fee provided in the Account Fees and Fee Schedule section of this Agreement. The Foyer+ Premium Subscription Tier provides access to increased rewards eligibility, as outlined in the Program Partner’s terms and conditions. The tier that you are placed in may affect your fees as set forth in this Agreement. Unless otherwise stated in this Agreement, all terms contained in the Agreement apply equally to both Account tiers.

Type of Account and Eligibility. The Account is an interest-bearing demand deposit account used to hold your deposits and make certain types of payments and transfers. When we receive the funds that you deposit to your Account, the funds will be held and accounted for so as to be insured by the FDIC, subject to applicable limitations and restrictions of such insurance. To open an Account, you must be a United States citizen or lawful permanent resident, have a physical address within the fifty (50) United States, the District of Columbia or a military address (APO or FPO), be at least 18 years of age, and have a valid Social Security Number or Tax Identification Number. Other eligibility requirements may apply. This Account is only available to individuals for personal, family or household purposes and may not be opened by a business in any form or used for business purposes. We may set such eligibility criteria or decline to open an Account for any reason permitted by law and at our sole discretion. We are not liable for any Losses (as defined below) resulting from refusal of an Account relationship. We may also limit the number of Accounts that you have in our sole discretion. Your Account is subject to security and fraud prevention restrictions at any time, with or without notice. 1.2.1. Account Tiers We offer two (2) types of Account tiers: Basic Standard Tier and Foyer+ Premium Subscription Tier. The Standard Tier is the default tier designation. You may subscribe upgrade to the Foyer+ Premium Subscription Tier if you pay the monthly or annual subscription fee provided in the Account Fees and Fee Schedule section of this Agreement. The Foyer+ Premium Subscription Tier provides access to increased rewards eligibility, as outlined in the Program Partner’s terms and conditions. The tier that you are placed in may affect your fees as set forth in this Agreement. Unless otherwise stated in this Agreement, all terms contained in the Agreement apply equally to both Account tiers.