Chase card change in terms

IMPORTANT NOTICE OF CHANGE IN TERMS

This Change in Terms notice contains the details of upcoming changes to your Cardmember Agreement (“agreement”). These changes will be effective the first day of your billing cycle that includes January 1, 2007. They will apply to current and future balances on your account. Please read this notice carefully. If you have questions about it, please contact us at the number on the back of your card.

Summary of Changes:

• In calculating finance charges, the date when transactions are added to your daily balances and begin to accrue periodic finance charges will
be as early as the transaction date

The change described in this notice will apply to your account automatically. If you were previously notified of the change described in this notice and it is already in effect on your account, it will continue to apply. Any other terms on your account not described in this notice also continue to apply.

Again, please read the enclosed information, and keep this notice for your records.

AMENDMENTS TO YOUR AGREEMENT

Please note that some terms in your agreement or any amendment may appear with initial capital letters or all lower case letters. Such terms have the same meaning. For example, “Account” means the same as “account”.

If you have any questions about these amendments, please call us at the number on the back of your card.

The following changes will apply automatically:

FINANCE CHARGE CALCULATION. The "Periodic Finance Charge Calculation" or "Finance Charge Calculation" section of your Agreement is amended to replace, in the portion that explains how we calculate the daily balance for each transaction category or feature, the sentence(s) that describes when new transactions are added to the daily balances and begin to accrue finance charges. The revised terms are as follows:

We add a new purchase, cash advance, balance transfer or overdraft advance, if applicable, to the daily balance as of the transaction date, or a later date of our choice. We add a new cash advance check or balance transfer check to the daily balance as of the date the cash advance check or balance transfer check is deposited by a payee, or a later date of our choice.

GRACE PERIOD. The "Grace Period" or "Grace Period and Accrual of Finance Charges” section of your Agreement is amended to replace the sentence that describes when periodic finance charges begin to accrue on transactions, fees and other finances charges. The revised sentence is as follows:

We accrue periodic finance charges on a transaction, fee, or finance charge from the date it is added to your daily balance until payment in full is received on your account.

ADV2931 11/06
INW12105