Common use of ANNUAL OR PERIODIC MEMBERSHIP FEE Clause in Contracts

ANNUAL OR PERIODIC MEMBERSHIP FEE. If your Account has an Annual or Periodic Membership Fee, this amount is shown in Part 2. You agree that this fee will be charged to your Account while your Account is: • open; or • closed with a balance. If you have not used your Account and you close it within 90 days of when it was opened, the Annual or Periodic Membership Fee(s) will be refunded (if paid) or reversed. This Fee compensates Capital One in part, for Cardmember services provided or made available to you throughout the membership year.

ANNUAL OR PERIODIC MEMBERSHIP FEE. If your Account has an Annual or Periodic Membership Fee, this amount is shown in Part 2. You agree that this fee will be charged to your Account while your Account is: • open; or • closed with a balance. If you have not used your Account and you close it within 90 days of when it was opened, the Annual or Periodic Membership Fee(s) will be refunded (if paid) or reversed. This Fee compensates Capital One One, in part, for Cardmember services provided or made available to you throughout the membership year.