Hbc Account Agreement Summary

1. Terms and Conditions

To apply, you must:

1. Meet the minimum age requirement in your province/territory
2. Have not declared bankruptcy within the last seven years.
3. Be a permanent resident of Canada.
4. Have a minimum annual income of $15,000 and be currently employed.

You may charge goods and services on the Account and when available obtain Cash Advances up to the credit limits set by us and must pay either the minimum payment as shown on the monthly billing statement or any greater amount, according to the general terms and conditions of the Account Agreement, a copy of which – if not already made available – will be sent to you with your Hbc Credit Card or Hbc MasterCard^® upon approval of this application.

2. Disclosure Statement

	Hbc Credit Card or Hbc MasterCard initial rate	Hbc Mastercard
Purchase APR (Annual Percentage Rate)	28.8%	The greater of 18.5% or Prime1 plus 14.5%3
Cash Advances APR (Annual Percentage Rate)	29.9%	The greater of 18.5% or Prime1 plus 14.5%3
Annual Fee2	$0	$0
Additional Card Fee	$0	$0
Overlimit Fee2	$20	$20
NSF Fee	$30	$30
Statement Copy Fee	$3	$3
Transaction Receipt Copy Fee2	$2	$2
Transaction Fee for Cash Advances2	Greater of $1.00 or 2% of Cash Advance up to a maximum of $10
Foreign Exchange Fee	2.5% of converted foreign exchange purchase/cash advance
Grace Period for Repayment of the Balance	25 days on Purchases, 0 days on Cash Advances. See terms of Account Agreement for further details.

Minimum Payment

You must pay at least the Total Minimum Payment by the Payment Due Date shown on the Statement. You may pay more than the Total Minimum Payment at any time.

Your Total Minimum Payment will be the sum of:

(A) the greater of (i) $5.00, or (ii) 1/30th of the new balance ("New Balance") shown on your Statement, rounded up to the next whole dollar, plus

(B) any past due amounts and any credit insurance charges. The billing period covered by each Statement is approximately 30 days.

Credit Limit/Cash Advance Limit: This is communicated to you with your Card.

This summary is provided to you (and, if approved, credit is extended to you) by GE Money.
In Canada (toll-free): 1 800 263 2599
Outside Canada (collect): 513 770 3782

GE Money may monitor or tape customers' telephone conversations with its customer service representatives to ensure customers receive accurate and courteous customer service.

3. Hbc Rewards Program

Hbc Rewards is a program owned and operated by Hudson’s Bay Company ("Hbc"). Full Hbc Rewards Program details can be found in the current edition of the Hbc Rewards catalogue or at www.hbc.com/rewards. The information on your points earned and the rewards program on your Statement is provided on behalf of Hbc. We are not responsible for errors and have no other liability for the rewards program. For inquiries regarding the Hbc Rewards Program visit the Hbc Rewards customer service desk located at any Bay, Zellers, Home Outfitters or Designer Depot store.

4. Uses of Personal Information

Personal information provided by you in your application for an Account from GE Money, in connection with such an Account or obtained subsequently from any source with your consent (collectively the "Information"), is maintained in a separate customer file (the "File") and:

(a) used, from time to time, in furtherance of the credit process, including to obtain and exchange credit information from and with credit reporting agencies, credit references and other sources with whom you have or may expect to have financial dealings to underwrite and approve the Account;

(b) used to enter into, maintain and carry out the Account Agreement, including sharing Information with Hudson's Bay Company and/or its affiliates (“Hbc”) in furtherance of the operation of the Account;

(c) disclosed to and used by Hbc to establish and administer your Hbc Rewards account;

(d) disclosed to a potential buyer as part of a sale of all or part of the portfolio of Accounts;

(e) used to approve you for, and notify you of, other financial products or services offered by GE Money and that may be of interest to you (the "Financial Products"); and

(f) may be disclosed to and used by third parties, including Hbc ("Third Parties") to develop, enhance, market or provide other products and services that may be of interest to you (collectively the "Purposes"). We may transfer some or all of the Information to external service providers who process the Information only in furtherance of the Purposes or in accordance with applicable law. We currently manage the File from our offices in Montreal, Toronto, Edmonton or Vancouver. You have the right to access the Information and, if needed, to request a correction to the Information. If you wish to:

(i) access the Information;

(ii) request correction to it;

(iii) request that we not approve/notify you for/of Financial Products;

(iv) request that we discontinue any disclosure of Information to Third Parties;

(v) request that we discontinue maintenance and use of the File for the Purposes; or

(vi) request a written copy of our privacy policy (www.hbc.com/creditcard); you should call us toll-free at 1-800-263-2599.