BUFI Spend Card Terms

These Card Terms become effective and legally binding when you activate or create your Card by following the instructions on the BUFI platform. By using a Card you represent and warrant in your individual capacity that: You are not a person who is blocked or sanctioned by the United States Government, including those identified by the United States Office of Foreign Asset Controls (OFAC); You will use the Services exclusively for purposes permitted by these Card Terms; All information you provide to us, either directly or through Partner, is and will be true, correct, and complete; You will use the BUFI Card for personal, family, or household use; You will only use the BUFI Card in compliance with applicable law; You attest that you are not a United States citizen, and that you are signing up for a card that is intended for those outside of the United States; You attest that you were not solicited for this product.

BUFI and Issuer reserve the right to block and terminate transactions and suspend access to your Account, unless prohibited by applicable law, for transactions and activity which presents patterns that do not conform with consumer purposes. You may use your Account to purchase or lease goods or services (each, a "purchase") by presenting your Card or providing to participating merchants and establishments that honor the Card your Card number and additional information by any other means.

Prohibited uses include: Cash advances or ATM withdrawals; Cryptocurrency ATM deposits; Gambling or betting services; Self-payments or card cycling; Transactions designed to bypass limits or controls; Any expense which is not an expense incurred by you; Any purpose prohibited by these Card Terms; For, with, or for the benefit of any individual or entity who is blocked or sanctioned by the United States, including those identified by OFAC.

If you make a transaction using your Account in a foreign currency (including, for example, online purchases from a merchant located outside of the U.S.), the credit card association will convert any transaction in foreign currency into U.S. dollars using an exchange rate for the applicable central processing date. Foreign Exchange Fee (non USD): up to 3%. Cross Border Fee: up to 3%. Penalty Fees: Late payment: Up to $40. Returned payment: Up to $29. Liquidation penalty: Up to $35.

You are responsible for reviewing your Periodic Statements promptly and identifying any Charges that you believe are unauthorized or that you dispute. You must report any disputed Charge or error no more than 60 days after the disputed Charge is posted on your Periodic Statement. You understand that the BUFI Card is subject to Card Network rules regarding chargebacks.

Transactions are monitored for fraud prevention, AML, and sanctions compliance. Transactions may be blocked or reviewed according to applicable laws and network requirements. BUFI, Issuers, Card Networks, or other intermediary third-party service providers (including merchant acquirers) may deny or reverse Charges for any reason.

BUFI and Issuer are not responsible for card declines, network outages, FX volatility, issuer actions, or merchant disputes. Issuer is not responsible for any losses, damages, or harm caused by any Charges that are denied or reversed. Use of the card is at the cardholder's own risk.

These Card Terms will be interpreted in accordance with the laws of Puerto Rico without regard to conflict-of-law provisions. Judicial proceedings (other than small claims actions) that are excluded from the Arbitration section must be brought in state or federal court in Puerto Rico. Any dispute arising out of or relating to these Card Terms will be resolved through binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules, on an individual basis only. The arbitration will be held in the English language in New York, New York. Class actions and jury trials are waived to the maximum extent permitted by law.