Page 103 of BMW Motorrad Accessories Catalog by BMW Motorrad

101 * The periodic rates and corresponding APRs on all balances mayincrease foranyofthe following reasons: you fail to make a paymentto us when due, you make a paymentto us thatis nothonored, oryourAccountis otherwise in defaultunderthe cardholder agreementyou have with us. ** The Prime Rate used to determine yourAPRs is based on a variable rate index.The index we use is the highest domestic bank prime rate as published in the Money Rates section ofThe Wall Street Journal.We determine your APRs for each billing cycle by adding the margins shown above to the Prime Rate published on either the first or last business day of the calendar month immediately preceding the beginning of the billing cycle, whichever is higher. IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEWACCOUNT Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.When you open an account, we will ask you foryourname, address, date ofbirth, and other information that will allow us to identify you.We may also ask to see your drivers license or other identifying documents. The information aboutthe costs ofthe card described above is accurate as ofSeptember1, 2004.This information maychange afterthatdate.To find out what may have changed, call us at 1-888-269-2273 or write to us at P.O. Box 3038, Evansville, IN 47730. Applicant(s) you request a credit card.You certify that the information you provided in yourBMW Card Application Application is true, correct and complete. You give us permission to requestinformation from you and to make whatever inquiries we consider necessary and appropriate (including requesting a consumer report from consumer reporting agencies) in considering granting you creditand forthe purpose ofanyupdates, renewals, extensions of credit, reviewing or collecting your account, or for any other lawful purpose.You understand that the credit card cardholder agreement Agreement that you will receive with your credit card provides for the compounding of finance charges. Please be sure to include yourname, address, telephone number, accountand Social Securitynumber with your correspondence.You also agree that there is no agreement between you and us until we approve yourApplication and issue yourcredit card. Cards are issued and credit is extended by BMW Bank of North America, Salt Lake City, Utah, and you agree that the Agreement will be deemed to have been made in Utah if and when BMW Bank of North America issues yourcreditcard, and you agree to be bound bythe terms of the Agreement. California: A married applicant may apply for a separate account.We will not disclose marketing information about you to marketers of goods if you call us at1-888-BMW-CARD. Delaware: Service charges not in excess of those permitted by law will be charged on the outstanding balance from month to month. Maryland: Finance charges will be imposed in amounts oratrates notin excess ofthose permitted bylaw. New York: Upon request you will be informed whether or not a consumer report was requested and, ifa reportwas requested, the name and address ofthe consumerreporting agency. New York residents may contact the New York State Banking Department to obtain a comparative listing of credit card rates, fees and grace periods. New York State Banking Department 1-800-518-8866. Ohio: The Ohio laws against discrimination require that all creditors make creditequallyavailable to all creditworthycustomers and thatcreditreporting agencies maintain separate credit histories on each individual upon request.The Ohio Civil rights commission administers compliance with this law. Washington: Ifyourcreditreferences and/orhistorymaybe verified in anothername, you should indicate thatname above. Wisconsin: No provision of a marital property agreement, a unilateral statement under section 766.59 ora courtdecree undersection 766.70 adversely affects the interestofthe creditorunless the creditor, priorto the time the creditis granted, is furnished a copy of the agreement, statement or decree or has actual knowledge of the adverse provision when the obligation to the creditor is incurred. Married Wisconsin Residents: We are required to ask married residents of Wisconsin applying for an individual account or a joint account with someone who is not their spouse to give us the name and address of their spouse, regardless of whether their spouse may use the card. Please furnish the name and address of your spouse to: BMW Bank of North America, P.O. Box 3038, Evansville, IN 47730. More powerwith everypurchase. Call 1-888-BMW-CARD and experience the power and performance of the BMW Platinum Visa Card. Earn points toward something you reallycare about. Carry the BMW Platinum Visa Card and the performance of your BMW goes wherever you go. Plus, with the optional BMW Rewards Package, every purchase you make earns points toward the care of your BMW. Its the perfect complement to your lifestyle. ImportantInformation Annual Percentage Rate 10.49% (APR) forpurchases OtherAPRs Cash Advance APR: 12.50%. Balance Transfer APR: 10.49%. DefaultAPR: 24.49% See explanation below.* Variable rate information The APR for purchase transactions, cash advances and balance transfers mayvary.The APRs are determined monthly by adding a margin to the Prime Rate.** Purchase margin: 5.99%. Cash Advance margin: 8.00%. Balance Transfer margin: 5.99%. Defaultmargin: 19.99%. See explanation below.* Grace period forrepayment No less than 22 days from the statementclosing date ifthe New of balance fornew purchases Balance Total is paid in full each month by the PaymentDue Date. Method ofcomputing the Average daily balance (including new purchases) balance forpurchases Annual fee No annual fee. Minimum finance charge $0.50 Transaction fees for cash advances: the greater of 3% or $5.00. Balance transfer fee: the greater of 3% or $5.00. Late paymentfee: $15.00 ifthe currentbalance is less than $100, $29 on currentbalances of $100 up to butnotincluding $1,000, and $35 on balances of$1,000 and over. Over-the-credit-limitfee: $29. BMW Financial Services bmwusa.com

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