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How Your Spend Account Works as Card Collateral

The available balance in the Spend account sets the credit limit for the Boost Money TM Card. As you spend up to the available balance, we’ll reserve funds until you pay off your card balance, or the funds can be used to pay off your card balance. *****

**** The Boost Money™ Card requires an Boost Money™ Spend account, a deposit account with funds held as security for the Boost Money™ Card. Credit Lines feature an Annual Percentage Rate (APR) of 0.00% and a single 1 month repayment term and are subject to verification and approval. Your line is determined by the amount deposited into your Boost Money™ Spend account. At your option, repay your transactions each month with your Boost Money™ Spend account funds. For example, a $100 card purchase with a 1 month term and a 0% APR has a required single installment payment of $100. There is no fee to use an AllPoint® ATM. ATM withdrawals outside the AllPoint® ATM network are subject to a $2.50 per withdrawal fee, which will increase your finance charge and APR. The Boost Money™ Card is unique in that it allows you to obtain individual closed-end loans which you may access through transactions such as card purchases up to your line amount. The Boost Money™ Card is not available in all states.

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