SYNCHRONY BANK
EBAY EXTRAS MASTERCARD® REWARDS LOYALTY PROGRAM

These are the terms and conditions for the eBay Extras Mastercard Rewards Loyalty Program. By participating in the eBay Extras Mastercard Rewards Loyalty Program, you hereby agree to be bound by these terms.

1. DEFINITIONS. As used herein, the following terms will have the following meanings:

“Account” means the eBay Extras Mastercard account.

“Card” means the eBay Extras MasterCard.

“Cardholder” means the person to whom the Card was issued.

"Card Year" means the 12 month period after the Cardholder is enrolled in the Program and each 12 month period thereafter.

“Reward Point” means the point you earn for each different purchase. The Reward Point accumulation will vary based on the Merchant category and whether the purchase is made through your PayPal account.

“PayPal Cash Rewards” means the eBay Extras Mastercard cash reward that you can transfer to your PayPal account.

“Bank” means Synchrony Bank.

“Program” means the eBay Extras MasterCard Rewards Loyalty Program.

“Purchase” means a purchase of merchandise or services for personal, family or household use using the Account. Purchase does not include any other type of Account transaction, including cash advances and convenience checks. Purchases made for other than personal, family or household use are not eligible to accrue Reward Points.

2. ELIGIBILITY. In order to receive the benefits of the Program, you must do the following two things as set forth in these Program terms:
• (i) Make Purchases with your Card, accumulating the necessary level of Reward Points; and
• (ii) Redeem the Reward Points accumulated.

Unless and until you complete the above steps, no right, title or interest in the Reward Points has been earned by you. The Program is provided by Bank and is restricted to individuals who maintain an Account. If your right to use the Account is suspended for any reason or your Account is terminated for any reason, your participation in the Program will be terminated. Bank will not compensate you for unredeemed Reward Points in the event your Program participation is suspended or terminated.

3. REWARD POINTS ACCUMULATION. Cardholders will accumulate Reward Points based on net Purchases on the Cardholder's Account. Returns and other purchase credits and adjustments will result in a debit to your Reward Points balance. Reward Points will accumulate as follows:
• You will accumulate 3 Reward Points for every dollar in net Purchases at a merchant's location that have merchant category codes selected by Bank that are customarily used for gas stations or restaurants (a “Qualifying Merchant Category Code”). A merchant category code is a four digit classification code that is assigned to a merchant by the merchant's payment card network or merchant processor based on the predominant business activity of the merchant. A Purchase made within the department or section of a larger merchant that is not a stand-alone gas station or restaurant will not have a Qualifying Merchant Category Code. Bank does not assign, and does not have any responsibility for the assignment of, merchant category codes and does not evaluate whether or not a Qualifying Merchant Category Code should be assigned to a particular merchant. Bank reserves the right to determine which merchant category codes are Qualifying Merchant Category Codes. Purchases at eBay or any PayPal merchants made through your PayPal account do not qualify for 3 Reward Points.
• You will accumulate 2 Reward Points for every dollar of net Purchases when making a Purchase at eBay, PayPal or any PayPal merchant through your PayPal account. You must be signed into your PayPal account.
• You will accumulate 1 Reward Point for every other dollar of net Purchases.

The amount of Reward Points accumulated is calculated each day. For the purpose of calculating accumulated Reward Points, the amount of all purchases posted on each such day in each Reward Points category is aggregated and multiplied by the appropriate Reward Points for such category and then the resulting Reward Points is rounded down to the nearest whole number. A Cardholder is not eligible to accumulate Reward Points if any minimum payment on the Cardholder's Account is not paid when due. After any past due amounts on the Cardholder's Account are paid, the Cardholder will once again be eligible to accumulate Reward Points. Reward Points are not available for redemption and will not be credited to you until the next billing period for your Account after the Purchase is made. In some circumstances we may delay crediting Reward Points to your Account and/or making Reward Points available for redemption.

4. LOSS OF REWARD POINTS. A Cardholder will forfeit all accrued Reward Points in any of the following circumstances: (i) if two or more consecutive minimum payments on the Cardholder’s Account are not paid when due; (ii) if the Cardholder’s Account is closed for any reason (other than as a result of a lost or stolen card, in which case all accrued Reward Points will be applied to the replacement card); or (iii) if Cardholder does not make a Purchase for 24 consecutive months. In addition, accrued Reward Points that are not redeemed will be forfeited 24 months (2 years) after they were first accrued. If your Account has a New York mailing address, you will be able to redeem any Reward Points that you have accumulated for up to 90 days after we send you notice that your Account is closed or the Program has been modified, cancelled, closed or terminated (subject to the availability of Reward Points). However, Reward Points will be forfeited at Account closure if the Account was delinquent or if the account was closed for fraud or other misuse.
5. REDEMPTION OF REWARD POINTS. Only the primary Cardholder may redeem Reward Points. Multiple participants may not combine Reward Points for redemption purposes. Reward Points do not constitute property of the Cardholder. Except as expressly permitted by Bank in writing, Reward Points and awards are not transferable or assignable under any circumstances, including (i) upon death, (ii) as part of a domestic relations matter, or (iii) otherwise by operation of law. For redemption if you have a valid Account linked to an open PayPal account, you may visit the eBay Extras Reward Redemption Servicing site. You can get to the Service Site by logging in to your PayPal account and accessing your Account. For redemption, if you do not have an open PayPal account or if your PayPal account is not linked to your Account, or if you have any questions, call 24 hours a day, seven days a week, toll-free at 1-866-419-4095. All redemptions are final. You may not redeem any Reward Points when your Account or Program participation is in a suspended or terminated status.
   USE OF PAYPAL CASH REWARDS. Once you have transferred PayPal Cash Rewards to your PayPal account, the availability to use PayPal Cash Rewards will depend upon whether or not you have a PayPal Balance account. If you have a PayPal Balance account, PayPal Cash Rewards will then be available for use by you for making payments and purchases and sending money, subject to the terms and conditions of your PayPal Balance account. If you do not have a PayPal Balance account, your only option will be to transfer your PayPal Cash Rewards to your bank account or debit card linked to your PayPal account.

6. AWARDS. The awards and restrictions are set forth below. The amount of Reward Points required to redeem a particular award may be obtained by calling 24 hours a day, seven days a week, toll-free at 1-866-419-4095. If you have a valid Account linked to an open PayPal account, you may visit the eBay Extras Reward Redemption Servicing site. You can get to the Service site by logging in to your PayPal account and accessing your Account. All redemptions are final. You may not redeem any Reward Points when your Account or Program participation is in a suspended or terminated status.

7. RESTRICTIONS ON AWARDS.
   PayPal Cash Rewards. Cardholders may request to redeem 600 Reward Points for $5 to be transferred to the Cardholder's PayPal account. Once Reward Points are redeemed as a PayPal Cash Reward, they cannot be exchanged back for Reward Points.
8. PROGRAM TERMS. Participation in the Program is subject to these Terms. Any failure to follow these Terms, any abuse of Program privileges, or any misrepresentation of any information furnished to Bank or its affiliates by you or anyone acting on your behalf, may result in the termination of your eligibility in the Program and the cancellation and forfeiture of accrued Reward Points, awards, or Program benefits. Bank has the right to terminate, change or temporarily suspend the Program or these Terms, or awards at any time with or without notice, including the right to expire or eliminate any accrued Reward Points. This means that the accumulation of Reward Points does not entitle you to any vested rights with respect to such Reward Points, awards or Program benefits. In accumulating Reward Points, you may not rely on the continued availability of any award or award level, and you may not be able to obtain all offered awards. Any award may be withdrawn or subject to increased Reward Points requirements or new restrictions at any time. Bank may, among other things, (i) withdraw, limit, modify, or cancel any award or (ii) change Program benefits, Reward Points expiration periods, Reward Points levels needed for an award, conditions of participation, rules for accruing, redeeming, retaining or forfeiting Reward Points, or rules for the use of awards. Bank may make any one or more of these changes (or any other changes to the Program) at any time even though such changes may affect the perceived value of or your ability to use the Reward Points you already have accumulated or result in the forfeiture of accumulated Reward Points. You are not permitted to make any changes to the format, elements or terms of the Program. You acknowledge that the Program is a promotional program and that the Program and Reward Points are provided to you without the payment of anything of value by you.
9. MISCELLANEOUS CONDITIONS. The Program and the benefits under the Program are offered at the sole discretion of Bank. The Program, including these terms and conditions, will be subject to the Governing Law and Arbitration Provisions of the agreement governing your Account. You consent and authorize Bank and any of its subsidiaries and affiliates or any non-affiliated third parties with whom they contract in order to manage the Program to share information about you, and the Program with PayPal and, as necessary, to effect, administer, enforce, service, or fulfill the terms of the Program. You will have sole responsibility for any federal, state, or local tax liability, as may be applicable, arising out of the accrual of Reward Points or redemption of Reward Points in the Program. Reward Points accrued are not transferable, have no cash value and cannot under any circumstances be redeemed for cash (other than as provided in Section 7 above) or used as payment of obligations to us. Reward Points from separate enrolled Accounts may not be combined into one Account. The Program is void where prohibited by federal, state, or local law. Bank reserves the right, at our sole discretion, to determine merchants and service providers participating in the Program.