Common Contracts

CARDHOLDER AGREEMENT IMPORTANT—PLEASE READ CAREFULLY

Cardholder Agreement • January 31st, 2017

• Contract Type
  Cardholder Agreement
• Filed
  January 31st, 2017

This Cardholder Agreement (“Agreement”) outlines the terms and conditions under which the PayPal Prepaid MasterCard and the PayPal Virtual MasterCard Account have been issued to you by The Bancorp Bank, Wilmington, Delaware (“The Bancorp Bank” or “Issuer”). The Issuer is an FDIC-insured member institution. NetSpend Corporation (“NetSpend”) is an authorized Independent Sales Organization pursuant to an agreement with The Bancorp Bank. “PayPal” refers to PayPal, Inc., and its successors, affiliates, or assignees. “Card” means the PayPal Prepaid MasterCard issued to you by The Bancorp Bank. By accepting and using the Card, you agree to be bound by the terms and conditions contained in this Agreement. “Card Account” means the records we maintain to account for the value of claims associated with the Card or Virtual Account. “Virtual Account” means the temporary access device obtained in connection with the Card Account. “You” and “your” mean the person or persons who have received the Card