Credit Key Plus Subscription Rewards Program Terms and Conditions

These Rewards Program Terms and Conditions (“Terms”) govern the Credit Key Plus Subscription Rewards Program (“Program”) offered in connection with your Credit Key Account (“Account”). Please read carefully. Use of your Account and participation in the Program constitutes your acceptance of these Terms. These Terms are in addition to the Credit Key Plus Subscription Agreement related to your Account, and all other agreements between you and Credit Key that govern your Account. To the extent that any matter upon which these Terms are silent is already addressed by the Subscription Agreement, the Subscription Agreement will control.

“Credit Key” (or “we” or “us” or “our”) means Snap Credit, Inc. dba Credit Key. “You,” “Your,” “you,” and “your” mean the business organization and any other individuals who are contractually liable for the Account under the Subscription Agreement or are otherwise responsible for complying with the Subscription Agreement. This definition applies to these roles both individually and collectively.

Rewards Summary

• 3% Cash Back: Earn 3% cash back on purchases made at participating merchants when you select “Pay with Credit Key” at checkout
• 1% Cash Back: Earn 1% cash back on all other eligible purchases made with your Credit Key Card.
• Pay-in-4 Plan: With an active subscription, you can convert Credit Key Card purchases into four interest-free payments
• Base Rewards: Customers without an active Credit Key Plus subscription may earn base rewards, which may be lower and subject to restrictions.
• Rewards are earned only on eligible U.S. purchases and are credited after repayment of the associated loan.
• Rewards can expire or be forfeited, as described herein.
• Rewards are not money and have no value prior to redemption.

Program Overview

The Program allows you to earn cash back rewards (“Rewards”) on certain eligible purchases made with your Account. Rewards are available with or without an active Credit Key Plus subscription. Customers without an active subscription may earn base rewards, which may be lower and subject to restrictions. This may change at any time. Material changes will be provided with at least 7 days’ notice.

Credit Key does not charge fees to you for participation in the Program. You acknowledge that (i) the Program is a promotional program as to which no consideration has been paid to you, (ii) any subscription fees for your subscription to Credit Key Plus are separate from the Program and do not constitute payment or consideration for your participation in the Program, (iii) unless and until redeemed in accordance with these Terms, no right, title, or interest in the Rewards has been conveyed, and (iv) Rewards have no cash value, unless and until redeemed in accordance with these Terms.

Eligibility

The Program is only available to Account holders who: (a) are legal entities in good standing with their State of registration or incorporation; (b) are legal residents of and based in the United States; (c) have a valid Credit Key Account in good standing (i.e., the account is open, current (no past due balances), and not in default or delinquent); and (d) use their Credit Key account for business purposes. Credit Key reserves the right to verify eligibility and to adjudicate on any dispute at any time. False eligibility information may result in immediate termination and forfeiture of all Rewards.

This Rewards Program is only available in the United States, and may not be available in all States. You can only earn Rewards on eligible purchases made in US Dollars (“USD”). You may not participate in the Rewards Program using multiple Credit Key accounts to avoid or circumvent any prohibition of these Terms or earn more Rewards than would otherwise be permitted under these Terms.

Other restrictions, limitations, and exclusions may apply. At the sole discretion of Credit Key, if an enrolled Account is found to be used in a prohibited manner, Credit Key may terminate the Program enrollment (in whole or in part) and all related Rewards balances will be forfeited without compensation.

Earning Rewards

(a) Eligible Purchases include:

• Purchases made at participating merchants using the “Pay with Credit Key” option at checkout. Rewards are not available for all merchants, and participating merchants may change from time to time. We will either provide you with a list of participating merchants or indicate that the merchant is participating in the Program at the time of purchase. If a merchant is participating in the Program, you can earn Rewards based on the eligible items that you purchase from that merchant in USD.
• Purchases made with the Credit Key Virtual Card at any merchant that accepts Mastercard®, except for Excluded Purchases.
• Recurring payments, subscriptions, and automatic bill payments within the U.S., except for Excluded Purchases.
• Split transactions, but only the portion financed through Credit Key, and excluding Excluded Purchases.

(b) Excluded Purchases include:

• Purchases made outside the U.S. or any transaction in a foreign currency.
• Balance transfers, cash advances, or similar transactions.
• Money orders, wire transfers, or peer-to-peer or business-to-business payments.
• Cryptocurrency, gift cards, gambling, and government payments (taxes, fines, licenses, court fees).
• Fees, interest, subscription charges, disputed or fraudulent transactions.
• Returned or refunded transactions (where Rewards are reversed).

(c) Calculation. Rewards are calculated on the net purchase amount after returns or credits, not including tax and shipping. One point is equal to one cent (USD). Fractions of a cent will be rounded to the nearest cent.

Pay-in-4 for Credit Key Card Purchases

• With an active subscription, any standard Credit Key order or purchase on your Credit Key Card may be converted into a Pay-in-4 installment plan (four equal, interest-free installments)
• You must initiate a purchase request to enable Pay-in-4
• If a Pay-in-4 transaction is defaulted or late, rewards tied to that purchase may be forfeited under the Program’s default terms.

Rewards Posting and Release

• Rewards are credited only after the associated loan is paid in full, although you will see pending, not-yet-redeemable points earned for a given order after the order ships.
• Rewards that are pending cannot be redeemed.
• Rewards typically post within two to three business days after loan payoff.
• You will be able to see in your account when Rewards are no longer pending and become available to redeem.
• All Rewards are forfeited if the associated loan is delinquent or in default.
• You will not earn Rewards for any items that you return or for which you receive a full refund.
• You will not earn any Rewards on Excluded Purchases.
• Rewards cannot be purchased, are not your property, are not money, can expire or be forfeited as described in these Terms, and have no value prior to redemption. Upon redemption, additional terms may apply. Rewards are not transferrable. Without limiting the foregoing, Rewards are not descendible and may not be transferred by operation of law (including via bankruptcy, dissolution, or any other events).

Redemption of Rewards

• Rewards may be redeemed only once credited and only if your Account is open and in good standing.
• Minimum redemption is 1 point or $0.01.
• All Rewards are redeemable in U.S. dollars only.
• Redemption options may include statement credit, direct deposit, or account credit. After any loans associated with your Account have been repaid in full, and the Rewards show as redeemable in your Account, if your Account is in good standing, you can request to redeem your Rewards and apply them as (a) a statement credit to your Account, (b) deposited electronically into one of your eligible business checking or business savings accounts, or (c) provided as a credit in your Credit Key Account.
• Processing may take five to seven business days, however this may take longer if the Rewards are deposited into an external account.
• Unredeemed Rewards expire twenty-four (24) months after the date they are earned if there is no qualifying account activity during that period. Account activity includes earning or redeeming Rewards, making purchases, or making payments. Some states prohibit expiration of rewards programs; in those jurisdictions, Rewards will not expire in accordance with applicable state law. Unredeemed Rewards may expire after 24 months of inactivity.
• Rewards are not transferable and have no cash value until redeemed.
• Credit Key reserves the right to change the number of Rewards required, Reward redemption-rate, or availability of any redemption option. All redemptions are final.
• You are solely responsible for any federal, state, or local taxes associated with your Rewards. Credit Key may be required to report Rewards valued at $600 or more in a calendar year to the IRS and will request necessary tax information from you. Failure to provide requested tax information may result in suspension of Reward redemption privileges.
• Only the authorized signatory(ies) on the Account will have redemption authority. This person(s) is responsible for determining how Rewards are used, including if additional authorized signatories may be added to the account and/or access the Account’s Rewards.
• Neither you nor any authorized user is entitled to compensation of any kind from Credit Key (or any other entity) if Credit Key determines that Rewards are forfeited for any reason.

Subscription and Account Standing

• An active Credit Key Plus subscription is not required to earn Rewards. Customers without an active subscription may earn base rewards, which may be lower and subject to restrictions.
• Subscription fees must be paid monthly or annually, according to the terms and conditions of your subscription.
• You may cancel your Credit Key Plus subscription through your Account settings in accordance with the terms and conditions governing your subscription. Cancellation will be effective at the end of your current billing period. You will continue to have access to Program benefits until the end of the paid period.
• If your Account is delinquent for two consecutive billing cycles, all Rewards will be forfeited.
• Closing your Account results in forfeiture of unredeemed Rewards. If your Credit Key account is closed or no longer in good standing (meaning your Account is delinquent for two consecutive billing cycles), Credit Key has the right (to the maximum extent permitted by applicable law) to reset your Rewards earned with that account to zero (0), in which case you will no longer have any Rewards to redeem.
• Credit Key reserves the right to terminate or suspend your participation in the Program immediately, with or without notice, for: (a) violation of these Terms; (b) fraudulent or abusive activity; (c) account delinquency exceeding 60 days; or (d) any other reason in our sole discretion. Upon termination, you forfeit all unredeemed Rewards unless otherwise required by law.

Abuse and Misuse

Credit Key may suspend or terminate participation if misuse is detected, including manufactured spending, circular transactions, excessive disputes, or fraudulent activity. All Rewards may be forfeited if abuse is determined.

Program Changes

Credit Key may add, modify, or terminate the Program and/or any feature of the Program at any time. Material changes will be provided with at least 7 days’ notice via email to the email address associated with your Account. Changes become effective seven (7) days after notice is sent unless a different effective date is specified.

DISPUTE RESOLUTION AND ARBITRATION

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT.

You and Credit Key agree that any dispute, claim, or controversy arising out of or relating to these Terms or the Program (“Disputes”) will be settled by binding individual arbitration, except that each party retains the right to seek injunctive or other equitable relief in a court of competent jurisdiction to prevent irreparable harm pending resolution of any Dispute. This arbitration agreement shall apply to all claims between you and Credit Key, whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory.

Class Action Waiver: YOU AND CREDIT KEY AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Unless both you and Credit Key agree otherwise in writing, the arbitrator may not consolidate more than one person’s claims and may not otherwise preside over any form of representative or class proceeding.

The arbitration will be administered by JAMS in accordance with its Comprehensive Arbitration Rules then in effect, except as modified by this arbitration provision. The arbitrator’s award shall be binding and may be entered as a judgment in any court of competent jurisdiction. This arbitration provision shall survive termination of these Terms.

LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL CREDIT KEY, ITS AFFILIATES, AGENTS, DIRECTORS, EMPLOYEES, SUPPLIERS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES ARISING OUT OF OR RELATING TO THE USE OF, OR INABILITY TO USE, THE PROGRAM.

IN NO EVENT SHALL CREDIT KEY’S TOTAL LIABILITY TO YOU FOR ALL DAMAGES, LOSSES, AND CAUSES OF ACTION EXCEED THE AMOUNT OF ONE HUNDRED DOLLARS ($100.00) OR THE CASH VALUE OF YOUR EARNED REWARDS AT THE TIME OF THE DISPUTE, WHICHEVER IS GREATER.

DISCLAIMER OF WARRANTIES

THE PROGRAM IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. CREDIT KEY DOES NOT WARRANT THAT THE PROGRAM WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

GOVERNING LAW

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law provisions. You irrevocably consent to the exclusive jurisdiction of the state and federal courts located in Delaware for any legal proceedings not subject to arbitration.

ASSIGNMENT

Credit Key may assign, without recourse, any or all of its rights or obligations under these Terms, including all or a portion of these Terms and/or all or a portion of any liabilities related to Rewards. If Credit Key assigns any or all of the liabilities related to Rewards, the assignee shall be the sole obligor with respect to such Rewards, and Credit Key shall have no further liability with respect to such Rewards.

SEVERABILITY

If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid or unenforceable provision shall be deemed modified to the minimum extent necessary to make it valid and enforceable.

ENTIRE AGREEMENT

These Terms, together with any documents incorporated by reference, constitute the entire agreement between you and Credit Key regarding the Program and supersede all prior agreements, understandings, and communications, whether written or oral.

CONTACT INFORMATION

For questions about these Terms or the Program:

• Email: support@creditkey.com
• Phone: +1(844) 334-3636
• Mail: Credit Key Customer Service, 145 S. Fairfax Ave. 2nd Floor, Los Angeles, CA 90036

For legal notices:

• Credit Key Legal Department
• 145 S. Fairfax Ave. 2nd Floor, Los Angeles, CA 90036
• legal@creditkey.com