IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

We may change APRs, fees, and other Account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.

We apply your minimum payment to balances with lower APRs first. Amounts paid over the minimum payment will be applied in the order of highest to lowest APR balances.

There are two different LANPASS cards: the LANPASS Visa Signature® card and the LANPASS Visa card. You will first be considered for the Signature card. If you do not qualify for the Signature card, you will be considered for the Visa card. These cards have different benefits as set forth here: The Signature card earns 20,000 bonus miles after the first purchase is made, 20% discount up to $1,000 each year on first LATAM Airlines purchase, 4,000 bonus miles at annual renewal, earns 2 miles per $1 net eligible purchases made on LATAM Airlines ticket purchases, earns 1 mile per $1 net eligible purchases made anywhere Visa is accepted, 25% flight bonus for flying LATAM Airlines and up to 3 one-way upgrade coupons (based on annual spend). The LANPASS Visa card earns 15,000 bonus miles after the first purchase is made, 10% discount up to $500 each year on first LATAM Airlines purchase, 2,000 bonus miles at annual renewal, earns 1 mile per $1 net eligible purchases made anywhere Visa is accepted. This card is not eligible for double miles on LATAM Airlines ticket purchases, one-way upgrade coupons or the 25% flight bonus miles and may not offer the same Visa Signature benefits.

Interest Rates and Interest Charges	LANPASS Visa Signature® Card and LANPASS Visa Card
Annual Percentage Rate (APR) for Purchases	LANPASS Visa Signature: 13.99% to 23.99% based on your creditworthiness when you open your account. LANPASS Visa: 13.99% to 23.99% based on your creditworthiness when you open your account. This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers	LANPASS Visa Signature: 13.99% to 23.99% based on your creditworthiness when you open your account. LANPASS Visa: 13.99% to 23.99% based on your creditworthiness when you open your account. This APR will vary with the market based on the Prime Rate.
APR for Cash Advances	LANPASS Visa Signature: 24.99% LANPASS Visa: 24.99% This APR will vary with the market based on the Prime Rate.
Penalty APR and When it Applies	Not applicable
How to Avoid Paying Interest on Purchases	Your due date is 24 - 30 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.
Minimum Interest Charge	If you are charged interest, the charge will be no less than $2.
For Credit Card Tips from the Consumer Financial Protection Bureau	To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore
Fees	LANPASS Visa Signature® Card and LANPASS Visa Card
Annual Fee
• Annual Membership Fee	LANPASS Visa Signature: $0 introductory annual fee for the first 12 months, After that $75 LANPASS Visa: $0 introductory annual fee for the first 12 months, After that $45
Transaction Fees
• Balance Transfer	Either 3% of the amount of each transfer or $5 minimum, whichever is greater.
• Convenience Check Cash Advance1	Either 3% of the amount of each advance or $5 minimum, whichever is greater.
• Cash Advance ATM	Either 4% of the amount of each advance or $5 minimum, whichever is greater.
• Cash Advance	Either 4% of the amount of each advance or $5 minimum, whichever is greater.
• Cash Equivalent Advance	Either 4% of the amount of each advance or $10 minimum, whichever is greater.
• Overdraft Protection	None
• Foreign Transaction	2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency
Penalty Fees
• Late Payment	Up to $38
• Returned Payment	Up to $35
• Overlimit	None

How We Will Calculate Your Balance: We use a method called 'average daily balance (including new purchases)'. See your Cardmember Agreement for more details.

Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardmember Agreement.

The information about the costs of the card described in this application is accurate as of 08/2017. This information may have changed after this date. To find out what may have changed, call us at 1-800-274-7200 (we accept relay calls) or write to us at P.O. Box 6352, Fargo, ND 58125-6352.

¹Not all products receive convenience checks.

How Variable Interest Rates Are Determined: After the introductory period, your interest rate is a variable rate and is determined by a combination of the Prime Rate (which may vary) added to a margin (which does not change). Because the Prime Rate may vary, your variable interest rate will go up or down if the Prime Rate changes. If you are granted an Account, the following rates on the Account are variable: Non-Introductory Purchase Rate; Non-Introductory Balance Transfer Rate; Cash Advance Rate. More information is available in the Cardmember Agreement.

Notice to New York Residents: You may contact the New York state department of financial services by telephone at (800) 342-3736 or visit its website at www.dfs.ny.gov for free information on comparative credit card rates, fees and interest-free periods.

Notice to California Residents: An applicant, if married, may apply for a separate account.

Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral statement under section 766.59 of the Wisconsin statutes or court decree under section 766.70, adversely affects our interest unless we, prior to the time the credit is granted or an open-end credit plan is entered into, are furnished a copy of the agreement, decree or court order, or have actual knowledge of the adverse provision. IF YOU ARE A MARRIED WISCONSIN RESIDENT, CREDIT EXTENDED UNDER THIS ACCOUNT WILL BE INCURRED IN THE INTEREST OF YOUR MARRIAGE OR FAMILY.

Notice to Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

By submitting this application, you understand and agree that U.S. Bank National Association ("we", "us" or "our"), as the creditor and issuer of your Account, will rely on the information provided here in making this credit decision, and you certify that such information is accurate and complete to the best of your knowledge. If we open an Account based on this application, you will be individually liable (or, for joint accounts, individually and jointly liable) for all authorized charges and for all fees referred to in the most recent Cardmember Agreement, which may be amended from time to time. We may request consumer credit reports about you for evaluating this application and in the future for reviewing Account credit limits, for Account renewal, for servicing and collection purposes, and for other legitimate purposes associated with your Account. Upon your request, we will inform you if a consumer report was requested and, if it was, provide you with the name and address of the consumer reporting agency that furnished the report. By providing us with a telephone number for a cellular phone or other wireless device, including a number that you later convert to a cellular number, you are expressly consenting to receiving communications—including but not limited to prerecorded or artificial voice message calls, text messages, and calls made by an automatic telephone dialing system—from us and our affiliates and agents at that number. This express consent applies to each such telephone number that you provide to us now or in the future and permits such calls for non-marketing purposes. Calls and messages may incur access fees from your cellular provider. By submitting this application, you also agree that we may verify your employment, income, address and all other information provided with other creditors, credit reporting agencies, employers, third parties, and through records maintained by federal and state agencies (including any state motor vehicle department) and waive any rights of confidentiality you may have in that information under applicable law. There are two different LANPASS cards: the LANPASS Visa Signature® card and the LANPASS Visa card. You will first be considered for the Signature card. If you do not qualify for the Signature card, you will be considered for the Visa card. These cards have different benefits as set forth here: The Signature card earns 20,000 bonus miles after the first purchase is made, 20% discount up to $1,000 each year on first LATAM Airlines purchase, 4,000 bonus miles at annual renewal, earns 2 miles per $1 net eligible purchases made on LATAM Airlines ticket purchases, earns 1 mile per $1 net eligible purchases made anywhere Visa is accepted, 25% flight bonus for flying LATAM Airlines and up to 3 one-way upgrade coupons (based on annual spend). The LANPASS Visa card earns 15,000 bonus miles after the first purchase is made, 10% discount up to $500 each year on first LATAM Airlines purchase, 2,000 bonus miles at annual renewal, earns 1 mile per $1 net eligible purchases made anywhere Visa is accepted. This card is not eligible for double miles on LATAM Airlines ticket purchases, one-way upgrade coupons or the 25% flight bonus miles and may not offer the same Visa Signature benefits. If you are granted an account, you understand and agree that we will report that fact, your name, address, e-mail address, phone number and information about your ongoing account activity to LATAM Airlines, but will not disclose to LATAM Airlines any other information about you taken from this application or received from third parties. By submitting this application, you certify that you read and understood the disclosures here and you agree to the terms of this application.

EXPANDED ACCOUNT ACCESS: Any Card or PIN issued to or selected by you under this Agreement can be used to access multiple checking, savings, line of credit and credit card account(s) held in your name with us or our bank affiliates; and any account you open with us and our affiliates may be accessed by the Card or PIN issued under this Agreement now or in the future. "Expanded Account Access" means use of a card or account number and PIN to conduct a transaction or obtain information at ATMs, over the telephone, through personal computer banking, or via any other available method. If the Card or PIN is for a joint account, the Card or PIN can be used to access all the accounts linked to the Card or PIN Access, whether joint or individual. There are no additional fees or charges for Expanded Account Access, but fees applicable to each applicable account will continue to apply in accordance with the terms of the applicable account agreements. Call Cardmember Service at 800-274-7200 to cancel Expanded Account Access, allowing a reasonable time for cancellation to become effective. If you cancel Expanded Account Access for any account, this Account will not be accessible by any card or PIN other than the Card or PIN issued under this Agreement.

U.S. Bank National Association reserves the right to change card benefits at any time with or without notice. Use of the LANPASS Visa Card is subject to the terms and conditions of the LANPASS Visa Cardmember Agreement, which may be amended from time to time.

Rewards are not earned for Advances (including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Convenience Checks, Balance Transfers, Interest Charges and Fees, credit insurance charges, or transactions to fund certain prepaid card products.

All future cardmember communications will be in English (also in Spanish when possible). In the event of discrepancy between the English and Spanish languages on this document, the English version will prevail.

LATAM Pass REWARD PROGRAM

The term "LATAM Pass Account Number" refers to the frequent flier number assigned to you and used by LATAM Airlines or its affiliate carriers to administer the Miles in the LATAM Pass Program. The term "Account" used by itself shall represent the LANPASS Visa Credit Card Account.

Account must be open and in good standing to earn and redeem miles.

(a) We will request that LATAM Airlines award two LATAM Pass Miles ("Miles") to your LATAM Pass Account for each dollar of Net Purchases on your Card for qualified LATAM Airlines Purchases made during a billing period as long as your Account is not 5 days or more past due or overlimit at the close of your billing period. We will request that LATAM Airlines award one (1) Mile to your LATAM Pass Account for each dollar of Net Purchases on your Card for all other purchases (Non-LATAM Airlines Purchases) made during a billing period as long as your Account is not 5 days or more past due or overlimit at the close of your billing period. Account must be open and in good standing to earn miles. Please refer to your Cardholder Agreement for additional information. We will not award Miles for Advances (including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Convenience Checks, Balance Transfers, and Fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items. However, from time to time we may request Miles for special promotions. We reserve the right to adjust the amount of Miles requested from LATAM Airlines for Purchases or to stop requesting Miles for Purchases on the Account, upon notice to you.

(b) "LATAM Airline Purchases" means purchases directly from LATAM.com, LATAM Airlines S.A. or its affiliate carriers including LATAM Airlines Peru S.A., Aerolane, Lineas Aereas Nacionales del Ecuador S.A. d/b/a LATAM Airlines Eduador, LATAM Airlines Argentina S.A. or any other carrier that becomes part of the LATAM Pass program. "Net Purchases" for a billing period are determined by adding all new Purchases (LATAM Airline Purchases and Non-LATAM Airline Purchases) recorded to your Account during the billing period and subtracting any credits and chargebacks to a merchant that have been recorded to your Account during the billing period for returned Purchases. If credit for returned charges exceeds new Purchases in any billing period, the excess credit will be carried forward into successive billing periods and subtracted from future new Purchases to determine the new Purchases for those successive periods. We may round Net Purchases up or down to a whole dollar amount for purposes of awarding Miles.

(c) Participation in LATAM Pass is subject to the terms and conditions of LATAM Pass. Please refer to latam.com for complete LATAM Pass program details and regulations. LATAM Pass is solely responsible for the redemption and fulfillment of LATAM Pass Miles. LATAM Airlines may change the LATAM Pass rules, program partners, regulations, and benefits, conditions of participation or Mileage levels, in whole or in part, at any time with or without notice, ven though changes may affect the value of mileage already accumulated. LATAM Pass may withdraw, limit, modify or cancel any award, increase the Mileage required for any award, modify or regulate the transferability of awards, add an unlimited number of blackout dates or limit the number of seats available to any or all destinations. Each mile awarded through the LANPASS Visa Card is equal to 1.61 kilometers on your LATAM Pass account.

(d) The LATAM Pass Account Number on this Account must belong to the primary Cardmember. A change to a LATAM Pass Account Number or LATAM Pass Account must be made with LATAM Pass.

(e) LATAM Airlines is not a party to this agreement and has no authority regarding the LANPASS Visa Credit Card Account, including with respect to any extension of credit on the Account. We are solely responsible for all credit extended on the Account. LATAM Airlines is not a creditor or owner of the Account. You authorize us to share information about you and your Account with LATAM Airlines and LATAM Pass. We reserve the right to change these Reward Program rules with or without notice to you.

(f) We reserve the right to amend or cancel the LANPASS Visa Credit Card program or change the LANPASS Visa Credit Card program benefits at any time with or without notice to you.