Issue link: https://read.uberflip.com/i/1365442
8 CARDHOLDER AGREEMENT GLOSSARY Account: A SaksFirst Credit Card or Saks Fifth Avenue Credit Card account. Agreement: This Cardholder Agreement, as well as the disclosure statement, the Privacy Statements, and any amendments, replacements or updates we may provide from time to time. Authorized user: A person who has been issued a card on your account, at your request. Card: A SaksFirst Credit Card or Saks Fifth Avenue Credit Card that we issue on your account to you or an authorized user (including any replacement cards). Disclosure statement: A document provided to you that sets out key information relevant to the use of your account, including the annual interest rates, fees and other charges that apply, and any amendments, replacements or updates we may provide from time to time. Good standing: Your account is in good standing if it's not past due, over the credit limit, fraudulent, restricted, part of a consumer credit counseling program or bankruptcy, and not in violation of this agreement. Grace period: The period for which you will not be charged interest on new purchases, if you pay your new regular balance in full by the payment due date. Minimum payment: As shown on your monthly statement, the lowest amount of money that you're required to pay each month to keep your account from going past due. This includes any amount due under a special payment plan during that billing period and any amounts on your account that are already past due. New regular balance: As shown on your monthly statement, the amount you must pay by the payment due date to avoid interest charges on new purchases. This is equal to the new total balance minus the portion of any special payment plan balance that is not yet due. New total balance: As shown on your monthly statement, the total amount you owe on your account as of the date your statement was prepared. It does not include the amount of any pending transactions that had not posted to your account by the date your statement was prepared. Payment due date: As shown on your monthly statement, the date when at least the minimum payment is due to be paid on your account. It may not fall on the same date each month. Purchase: An amount charged to your account for goods and services at any merchant or business. This includes any purchase made under a special payment plan. A new purchase is a purchase appearing on your statement for the first time. Special payment plan: A promotional reduced-interest payment option on certain purchases made with your account. Transaction: Any purchase, payment, credit, fee, interest charge, or any other charge on your account.