Version: 2.1 | Last Updated: June 24, 2026
This Cardholder Agreement (“Agreement”) is a binding agreement between you (“you,” “your,” or “Cardholder”), Blink, and Third National, LLC (the “Issuing Bank” or “Issuer”), that governs your use of the Blink Card and associated Card Balance (“Card Balance”). The parties and service providers involved in the card program are identified below:
Blink: Blink El Salvador, S.A. de C.V., Blink US LLC, or Blink LLC (based on your status and country of residence, as identified in the Blink Terms and Conditions). Role: Provides the technology platform for managing your Card Balance and facilitating Transactions with the Issuing Bank.
Issuing Bank: Third National, LLC, a limited liability company organized under the laws of the Commonwealth of Puerto Rico and a lender licensed by the Commonwealth of Puerto Rico, including its affiliates, successors, and assigns. Role: Issues the Blink Card under license from Visa.
Program Manager: Signify Holdings, Inc. Role: Acts as program manager and issuing sponsor on behalf of the Issuing Bank.
Technology Provider: Blink Technologies, LLC (Próspera Permit No. 85348155380061), a limited liability company organized under the Roatán Common Law Code of Próspera ZEDE, with registered address at Beta Building, Oficina 6, Próspera ZEDE, St. John’s Bay, Roatán, Islas de Bahía 34101, Honduras. Role: Provides the technology platform and integration services for the card program pursuant to licensing and services agreements with the applicable Blink contracting entity.
In this Agreement, “Blink,” “we,” “us,” and “our” refer to the applicable Blink contracting entity as identified in the Blink Terms and Conditions (the “User Terms”), which provides the technology platform for managing your Card Balance and facilitating Transactions with the Issuing Bank.
The Blink Card is provided to you on behalf of Blink in connection with your status as a Blink customer and pursuant to your separate agreement between you and Blink (the User Terms). The Issuer is not a party to the User Terms and disclaims any liability for the performance of services covered therein.
This Agreement is a Partner Agreement as referenced in the User Terms. In the event of a conflict between this Agreement and the User Terms, this Agreement shall govern with respect to card services.
By applying for, activating, receiving, or using the Blink Card, you accept these terms.
IMPORTANT — PLEASE READ CAREFULLY
This Agreement contains important information about your Blink Card and associated Card Balance, including an arbitration provision that affects your legal rights. Your Card currently operates in Funded Mode (prepaid). This Agreement also describes Credit Mode, including collateral provisions and information about how your digital assets may be liquidated, which is not currently active but may be activated in the future. Please read this Agreement carefully before using your Blink Card.
“Card Balance” means the Blink Card Balance, the dedicated balance within your Blink Wallet through which Card Transactions are processed and settled.
“Available Balance” means the total value of funds in your Card Balance that are available to spend using the Card, as calculated by Blink in USD. In Funded Mode, Available Balance is determined by the balance you have transferred to your Card Balance from your Blink Wallet, calculated in USD at the prevailing rate, less any pending Transactions, fees, and any outstanding amounts owed. In Credit Mode, Available Balance is determined by the Market Value of your Collateral. Because Bitcoin-denominated balances are subject to price fluctuations, the Available Balance may change in USD terms without any Transaction activity.
“Card” means any Blink Card we issue associated with your Card, including any virtual or physical card, and any renewal or substitute cards. The term “Card” also means any other access device that allows you to access your Card, including your card number.
“Card Networks” means the payment card networks including Visa or Mastercard.
“Charge” means a payment for goods or services made to a merchant that accepts payments on the applicable Card Network.
“Chargeback” means a dispute that you initiate against a merchant for an unresolved dispute with the merchant or where a Charge is unauthorized.
“Collateral” means Bitcoin (BTC) and/or supported stablecoins posted by you to secure Charges made on any Card, as described in Section 4. Collateral is applicable only in Credit Mode.
“Credit Mode” means the mode of Card operation in which you may make purchases secured by Collateral posted to your Card Balance, with the Issuing Bank extending credit on your behalf. In Credit Mode, your Available Balance is determined by the Market Value of your Collateral. Credit Mode includes the Collateral, Interest Charges, and related provisions described in Sections 4 and 5 of this Agreement. Credit Mode is not currently active. It will be activated only upon notice to you in accordance with Section 18, at which time the Credit Mode provisions of this Agreement will take effect.
“Fee” means charges we impose on you for use of Services or your use of a Blink Card.
“Funded Mode” means the mode of Card operation in which you transfer funds (Bitcoin or USD) to your Card Balance from your Blink Wallet before making purchases. In Funded Mode, your Spending Limit is based on your Available Balance and you may only spend up to the funds you have transferred to your Card Balance, subject to any applicable Overdraft allowance. Funded Mode is the current default mode of operation for all Cardholders.
“Issuer” refers to Third National, LLC.
“Liquidation Event” has the meaning set forth in Section 4. Applicable only in Credit Mode.
“Market Value” has the meaning set forth in Section 4. Applicable only in Credit Mode.
“Overdraft” means, in Funded Mode, any amount by which your Transaction activity and fees cause your Card Balance to fall below zero, as further described in Section 3.5.
“Periodic Statement” or “Statement” means the periodic statements that reflect activity for all Cards issued to you identifying Charges, Fees, refunds, or other amounts owed or credited to your Card Balance during the time covered by that statement.
“Spending Limit” means the maximum amount you may spend during a given period, as established by the Issuing Bank, the Program Manager, or Blink based on your Available Balance, Collateral (if applicable in Credit Mode), and other risk factors.
“Transaction” means any purchase, payment, fee, or other amount charged to or credited to your Card Balance.
Other capitalized terms that are not defined here have the meanings provided in the User Terms.
The Blink Card is issued by the Issuing Bank under license from Visa. The card program is managed by the Program Manager as issuing sponsor, with the Technology Provider providing the technology platform. Your Card is the property of the Issuing Bank and must be returned or destroyed upon request.
To be eligible for the Card, you must: (a) be at least 18 years of age; (b) have a valid Blink App account with completed KYC verification; (c) be a resident of an eligible jurisdiction; and (d) meet any additional eligibility criteria established by the Issuing Bank, the Program Manager, or Blink.
The Blink Card operates in one of two modes: Funded Mode (currently active) or Credit Mode (not currently active).
Funded Mode (Current). In Funded Mode, the Blink Card allows you to spend up to the Available Balance you have transferred to your Card Balance, wherever Visa is accepted. When you make a purchase, the corresponding amount is drawn from your Card Balance and the Transaction is settled with the Issuing Bank through the Program Manager. You may only spend up to your Available Balance, subject to your Spending Limit and the Overdraft provisions in Section 3.5. No interest is charged on purchases in Funded Mode.
Credit Mode (Not Currently Active). When Credit Mode is activated, the Blink Card will allow you to make purchases secured by Collateral posted to your Card Balance. The Issuing Bank will be the creditor responsible for funding your payments for goods and services you purchase at a merchant through your Blink Card, based on information provided by Blink. In Credit Mode, you acknowledge and agree that the Issuing Bank extends credit for purchases made with your Card and that you will repay the Issuing Bank, with Blink administering repayment on the Issuing Bank’s behalf in accordance with the terms of your User Terms and this Agreement. The Collateral provisions (Section 4), Interest Charges provisions (Section 5), and the Credit Mode–specific disclosures in Exhibit I will apply only when Credit Mode is activated.
Blink will provide at least 30 days’ notice before activating Credit Mode, in accordance with Section 18. You may close your Card before Credit Mode takes effect if you do not wish to be subject to the Credit Mode terms.
Your Spending Limit is generally set by Blink. The Issuer may additionally set spending limits on each Card or an aggregate spending limit across all Cards, at its sole discretion. Spending limits are dynamic and may be modified at any time with or without notice to you, including temporary increases or decreases or reducing spending limits to $0. Any authorized Charge or Fee on a Card may reduce your Spending Limit by a corresponding amount.
When you use your Card to initiate a transaction at certain merchants where the amount of the final transaction is unknown at the time of authorization, Issuer may assess a value to such a Charge for an amount higher or lower than the final Charges. The initial “hold” Charge will reduce your Spending Limit until the final Charge is determined.
You may use the Card for lawful purchases of goods and services wherever Visa is accepted, subject to the restrictions set forth in this Agreement and the User Terms. The Card is integrated with your Blink Wallet, and you may manage your Card through the Blink App.
We are not responsible to you if someone refuses to accept your Card for any reason. We may reject any Transaction for any reason. We may limit the combined dollar amount or the total number of certain Card transactions allowed during a single day or other time periods. We may restrict or delay the availability of funds in your Card Balance, to protect you and us against potential fraud, unauthorized transactions, Card misconduct or misuse, or for other risk management reasons. To the extent permitted by applicable law, we will not be liable to you if this happens.
The Blink Card is integrated with the Blink Wallet services. You may: (a) view Card Transactions in real-time through the Blink App; (b) transfer funds to your Card Balance from your other Wallet balances, including from both Custodial Mode and Non-Custodial Mode, subject to applicable conversion processes and fees; and (c) receive Transaction notifications through the Blink App.
We may give you a personal identification number (“PIN”). For security reasons, you may have to provide the PIN before you are able to complete some transactions using the Card. Keep your PIN secure and do not write it down, give it to anyone, or keep it with your Card. If you lose your Card or believe someone has gained unauthorized access to your PIN, you must contact us immediately.
2.8 Service Availability
Card services depend on the continued operation of the card program by the Issuing Bank, the Program Manager, payment networks, and other third-party service providers. While Blink endeavors to maintain uninterrupted card services, you acknowledge that your ability to use the Card may be temporarily suspended or restricted due to circumstances including: (a) payment network outages or maintenance; (b) actions taken by the Issuing Bank or Program Manager to ensure compliance with applicable law or payment network rules; (c) operational requirements of the card program, including settlement or funding processes; or (d) fraud prevention measures or risk management actions taken by any party in the card program chain. Blink will use commercially reasonable efforts to notify you promptly of any suspension or restriction and to restore card services as soon as practicable. To the extent permitted by applicable law, neither Blink nor the Issuing Bank shall be liable for losses resulting from a temporary suspension or restriction of card services arising from the circumstances described in this Section 2.8, provided that this limitation does not affect your rights under applicable consumer protection laws, including Regulation E.
Your Card Balance is a dedicated balance maintained within your Blink Wallet. You may transfer funds to your Card Balance from your Wallet’s Bitcoin Balance or Dollar Balance. The Card Balance supports both Custodial Mode and Non-Custodial Mode — the mode of your Card Balance corresponds to the mode of the Wallet balance from which you transfer funds.
When you make a purchase using the Card, the necessary amount is drawn from your Card Balance and applied to the Transaction. If your Card Balance is denominated in Bitcoin, a conversion to USD is performed by the Program Manager, the Issuing Bank, or a licensed conversion service provider engaged for that purpose, at the prevailing rate at the time of the Transaction and subject to any applicable conversion fees. The Transaction is then settled with the Issuing Bank through the Program Manager. Blink facilitates these processes by providing the technology platform, transmitting your instructions, and coordinating with the Program Manager and the Issuing Bank; Blink does not itself issue the Card, extend credit, or act as the settlement bank. If your Card Balance holds a USD-denominated balance, no conversion is required. You do not interact with the Issuing Bank directly for funding or settlement purposes.
Your Card Balance may operate in Custodial Mode or Non-Custodial Mode, consistent with the mode of the funds transferred to it. The User acknowledges and accepts that:
When a Transaction requires conversion of BTC to USD, the conversion is executed by the Program Manager, the Issuing Bank, or a licensed conversion service provider, at the prevailing exchange rate at the time of the Transaction, which may include a spread reflecting the cost of conversion. The conversion rate is determined using the real-time price posted on a reputable and recognized exchange or price aggregator. You acknowledge that the conversion rate at the time of the Transaction may differ from the rate at the time of authorization or posting.
If you make a transaction in a foreign currency, the Card Network will convert it into a U.S. dollar amount. The Card Network will use its currency conversion procedures in effect when it processes the transaction. The conversion rate in effect on the processing date might differ from the rate on the transaction or posting date. We do not currently adjust the currency exchange rate. A merchant or other third party may convert a transaction into U.S. dollars or another currency, using a rate they select, before sending it to the Card Network.
In Funded Mode, your Available Balance reflects the total value of funds in your Card Balance (whether denominated in BTC or USD), calculated in USD at the prevailing rate, less any pending Transactions, fees, and outstanding Overdraft amounts. It is your responsibility to ensure that your Card Balance has sufficient funds before initiating a Transaction.
In certain circumstances, a Transaction may be approved that causes your Card Balance to fall below zero, resulting in an Overdraft. The Overdraft facility is made available by the Issuing Bank and administered by Blink on the Issuing Bank’s behalf. The maximum Overdraft amount is the amount published in the Blink App. If your Card has an Overdraft balance, you must repay the Overdraft amount within 7 days by transferring additional funds to your Card Balance. Blink may automatically apply incoming funds to reduce or eliminate any outstanding Overdraft balance before making funds available for new Transactions.
Failure to repay an Overdraft within 7 days may result in: (a) an Overdraft Late Repayment Fee as published in the Fee Schedule; (b) suspension or closure of your Card; (c) collection actions through lawful means by Blink on behalf of the Issuing Bank; and (d) reporting to credit bureaus where applicable. Any outstanding Overdraft balance remains your obligation until repaid in full.
The Overdraft provisions in this Section 3.5 apply only in Funded Mode. In Credit Mode, the Collateral provisions in Section 4 govern your obligations.
Note: This Section 4 applies only when Credit Mode is active. Credit Mode is not currently active. The provisions below will take effect only upon activation of Credit Mode in accordance with Section 18. Until Credit Mode is activated, your Card operates in Funded Mode and the Overdraft provisions in Section 3.5 apply.
Your Collateral secures your obligations to the Issuing Bank under the Card. You grant the Issuing Bank a security interest in your Collateral. When you post Collateral, it is transferred to the custody of Blink LLC (Próspera Permit No. 81880750347747), acting as collateral agent and custodian on behalf of the Issuing Bank pursuant to the custody and disposal authorities granted under its Financial Services License issued by the Roatán Financial Services Authority (in such capacity, the “Collateral Agent”). If your contracting entity is not Blink LLC, you authorize the transfer of your Collateral from your contracting entity’s custody to Blink LLC for this purpose. Blink may designate a successor Collateral Agent by notice to you in accordance with Section 18, provided that any successor holds the applicable custody license or equivalent authorization. References in this Section 4 to actions taken by Blink with respect to the Collateral mean actions taken by the Collateral Agent for the Issuing Bank. Obligations secured by Collateral under this Section 4 are obligations owed to the Issuing Bank.
Your primary linked wallet or any additional wallets may provide the collateral that will secure the Charges made by you on any Card (the “Collateral”). Collateral must be in the form of Bitcoin (BTC) or a stablecoin supported by Blink. No other digital assets or cryptocurrencies are accepted as Collateral. Blink reserves the right to designate which specific stablecoins may be used as Collateral, and reserves the right to decline a form of Collateral if it does not meet its updated policies, guidelines, or requirements.
You, through one or more of your linked wallets, will be required to post Collateral that has Market Value in United States Dollars (“USD”) equal to each dollar (1:1) that is charged to all of your Cards. Once the full amount has been charged to your Card, you will be required to provide additional Collateral for any incremental Charges. Because the Collateral Ratio is 1:1 with no additional buffer, any decline in the Market Value of Bitcoin-denominated Collateral below your existing charges may immediately trigger a Liquidation Event. You are strongly encouraged to maintain Collateral with Market Value in excess of your outstanding charges to reduce the risk of involuntary liquidation due to normal price fluctuations. If the Market Value of your Collateral is subject to a Liquidation Event when the Market Value is below your existing charges, you still owe the Issuing Bank any difference between the USD value of the charges and the USD value of the Collateral at the time of Liquidation.
“Market Value” of the Collateral will be determined by Blink using the net redemption value provided by a centralized stablecoin issuer and/or the real-time price posted on a reputable and recognized exchange or price aggregator, or by reference to a price oracle, subject to Blink’s sole discretion. You agree that the Market Value of your Collateral is determined solely by Blink through the above methods. You further agree that the Market Value is determined at the time of a Liquidation Event and any change in or fluctuation in value of the Collateral before or after a Liquidation Event will have no bearing on obligations owed to the Issuing Bank.
You authorize Blink to liquidate Collateral pursuant to this section in the event of a “Liquidation Event.” A Liquidation Event will occur: (a) at a period set by Blink; (b) within 48 hours of each purchase you make with a Card, at our discretion for the amount of the approved purchase; (c) if you fail to make a payment of the full amount owed to the Issuing Bank within 21 calendar days of the due date on your Statement; or (d) if the Market Value of your Collateral drops below the value of the existing charges on your Blink Card(s) and you do not add additional Collateral.
Your Collateral is held by the Collateral Agent as custodian for the Issuing Bank, pursuant to the custody and disposal authorities granted under its applicable financial services license. Upon a Liquidation Event, the Collateral Agent, acting on behalf of and at the direction of the Issuing Bank, may foreclose upon and liquidate the Collateral in an amount sufficient to repay the outstanding balance owed to the Issuing Bank, and will apply the proceeds to that balance. Any Collateral, or proceeds of Collateral, in excess of the amount required to satisfy your obligations to the Issuing Bank will remain yours and will be returned to or held for you. The Collateral Agent will use commercially reasonable efforts to notify you prior to a Liquidation Event (for example, through the Blink App or by email), but you acknowledge that, because of the nature of blockchain and smart contract infrastructure, advance notice or cancellation of a liquidation once triggered may not be possible. The absence of prior notice does not affect the validity of a Liquidation Event.
To withdraw your Collateral, you must provide Blink at least three (3) business days’ prior notice. You agree that any Collateral that has been provided within the three (3) business days of your notice to us may be subject to liquidation. Your withdrawal of any Collateral will not terminate any outstanding payment obligations you may have on your Card.
FOR YOUR CONVENIENCE, OUR SERVICE IS STRUCTURED TO INITIATE REPAYMENTS VIA PREAUTHORIZED TRANSFERS FROM A LINKED ACCOUNT. HOWEVER, BLINK DOES NOT CONDITION ITS EXTENSION OF CREDIT ON A CONSUMER’S REPAYMENT BY PREAUTHORIZED ELECTRONIC FUND TRANSFERS. ACCORDINGLY, YOU MAY OPT-OUT OF PREAUTHORIZED ELECTRONIC FUND TRANSFERS BY CONTACTING CUSTOMER SERVICE AT SUPPORT@BLINK.SV.
Note: This Section 5 applies only when Credit Mode is active. Credit Mode is not currently active. No interest is charged in Funded Mode.
Your Blink Card currently carries a 0.00% APR on all purchases. No interest is charged on purchases. The Issuer and Blink reserve the right to implement interest in the future for new purchases. Blink will disclose any changes to this Agreement prior to the introduction of interest and other charges.
We figure the Interest Charges on your Card Balance by applying a Daily Periodic Rate to an “Average Daily Balance” of each Balance Category in your Card Balance.
To get the “Average Daily Balance,” we take the beginning balance of your Card Balance each day (including any previously billed and unpaid transactions and Fees), add any new Fees and Card transactions, and then subtract any payments or credits. This gives us the “Daily Balance.” Then, we add up all the Daily Balances for the Billing Cycle and divide the total by the number of days in the Billing Cycle. This gives us the “Average Daily Balance.”
We will not assess Interest Charges during a Billing Cycle for any new purchases made during that Billing Cycle, if you pay the previous month’s New Balance in full by its payment due date or if your previous month’s New Balance was zero or a credit amount.
Funded Mode (Current). In Funded Mode, purchases are drawn directly from your Card Balance. You are responsible for maintaining a sufficient Available Balance and for repaying any Overdraft amounts in accordance with Section 3.5.
Credit Mode (Not Currently Active). When Credit Mode is activated, you will be responsible for payment in full of all Transactions and Fees identified on your Statement at the end of each Billing Cycle. You will make a payment to Blink through any means permitted by Blink as disclosed when you log into your Card.
Any failure to pay amounts owed under this Agreement when required is a breach of this Agreement. You are responsible for all costs or expenses that we may incur in collecting amounts owed but not timely paid, including legal or collections fees and any interest at the maximum rate permitted under law.
At any time and where applicable, you may pay all or any part of your outstanding Card Balance, without penalty. Payment of more than the payment due in one Billing Cycle will not relieve you of the obligation to pay the entire payment due in subsequent Billing Cycles.
Fees may apply to your use of the Card. The current fee schedule is available in the Blink App. You agree to pay all applicable fees as disclosed in the fee schedule. Fees are subject to change with notice as required by Section 18 and applicable law. For Credit Mode, the required Regulation Z disclosures (including interest rates, fees, and billing rights) will be provided prior to activation in accordance with Section 18.
Your Card may include Periodic Statements identifying Charges, Fees, refunds, the amount of your Collateral (if Credit Mode is active), any other Card transactions, or other amounts owed or credited to your Card Balance. Periodic Statements may be made accessible to you through the Blink App and/or by email daily, monthly, or as otherwise prescribed by the Issuer. You must notify us promptly if you believe that there are any errors on your Periodic Statement.
The intervals of time between your regular Statements (each, a “Billing Cycle”) are generally equal (approximately 30 days), but may vary slightly in length. Your first Billing Cycle may be more or less than 30 days. Your Statements disclose the specific length of each Billing Cycle. Your Card will continue to have Billing Cycles, even if a Statement is not required after any Billing Cycle.
If you believe there is an error on your Statement, you must notify us in writing within 60 days of the date the Statement was made available to you. Your notice must include: (a) your name and card number; (b) the dollar amount of the suspected error; and (c) a description of why you believe there is an error. We will acknowledge your dispute within 30 days and resolve it within 90 days of receiving your notice.
If you believe your Card has been used without your authorization, contact Blink Customer Support immediately at support@blink.sv or through the Blink App. Your liability for unauthorized transactions will be limited as provided by applicable law and the Visa zero-liability policy, provided you report the unauthorized use promptly.
You are responsible for reviewing your Periodic Statements promptly and identifying any Charges that you believe are unauthorized or that you dispute.
If you and a merchant have a dispute regarding a Charge identified on your Periodic Statement, such as delivery of incorrect goods or services or being charged the wrong amount, you should first attempt to resolve the dispute with the merchant. If the dispute is not resolved to your satisfaction or if you believe the Charge is unauthorized, you may initiate a Chargeback through the Blink App. You must report any disputed Charge or error no more than 60 days after the disputed Charge is posted on your Periodic Statement.
We may require additional details on the transaction and our review of your disputed Charge will be conditioned on you providing all of the information we may require. The Card is subject to Card Network rules regarding chargebacks, which have additional established procedures that may require you to provide further details or documentation.
If you dispute a transaction and we later credit your Card Balance for all or part of the disputed amount, you agree to: give us all of your rights against the other person; give us any merchandise or other purchases you received in connection with the disputed amount, if we ask; not pursue any claim or reimbursement from the merchant; and help us pursue reimbursement by promptly returning documents with any signatures we may request and otherwise providing us with reasonable cooperation.
Charges relating to disputed Charges and Chargebacks that are pending resolution may still be due and owing. Chargebacks resolved in your favor will be credited to your Card Balance on either the current or a future Periodic Statement. We may impose Fees, reduce your spending limits, or suspend access to your Card if you fail to pay Charges relating to Chargebacks that are pending resolution.
Except as otherwise provided in this Agreement and applicable law, we are not responsible for any claim you might have regarding the purchases of goods or services made with your Card from any merchant or vendor.
You may not use the Card for:
We reserve the right to deny any Transaction for any reason, such as account default, suspected fraudulent or unlawful activity, internet gambling, or any indication of increased risk. We may terminate or suspend your use of the Card or the Card, with or without notice to you. Cash advances and balance transfers are not available under this Agreement.
You are responsible for: (a) safeguarding your Card, card number, CVV, PIN, and any authentication credentials; (b) not sharing your Card or credentials with third parties; (c) reporting lost, stolen, or compromised Cards immediately to Blink Customer Support; and (d) monitoring your Card for unauthorized Transactions.
Blink and the Issuing Bank will never ask you for your PIN, full card number, or CVV by email, phone, or postal mail. If you receive such a request, do not respond and contact Blink Customer Support immediately.
You will use all reasonable means to protect your Cards and log-in credentials to the Card from unauthorized use. You will not allow any other person or third party to use the Services or the Card on your behalf.
If your Card is lost or stolen, or if you suspect unauthorized use of your Card Balance, contact Blink Customer Support immediately at support@blink.sv or through the Blink App. We will suspend your Card and issue a replacement.
You will not be liable for any unauthorized use that occurs after you notify us. You may, however, be liable for unauthorized use that occurs before receipt of your notice by us. In any case, your liability will not exceed $50 (or any lesser amount required by law or as provided under the express terms of a benefit provided by a Card Network).
You have an obligation to assist us in our investigation if your Card is lost or stolen. If we reimburse your Card Balance for unauthorized charges, you agree to help us investigate, pursue and obtain reimbursement from the wrongdoer. Replacement Cards may have new account numbers that could require you to update Card information on file for any scheduled or recurring payments. You are solely responsible for updating Card information stored with merchants.
We may consider you in default of this Agreement if:
If you are in default, we may take the following actions without notifying you, unless the law says that we must notify you: close or suspend your Card; demand that you immediately pay the entire balance owing on your Card Balance; continue to charge you Fees as long as your balances remain outstanding; liquidate your Collateral as described in Section 4 (if Credit Mode is active); and/or pursue any other action against you that the law allows. You agree to pay all reasonable collection expenses, attorneys’ fees, and court costs incurred in enforcing this Agreement, unless the law does not allow the collection of these amounts.
You may close your Card at any time by contacting Blink Customer Support. You must repay any outstanding balance (including any Overdraft in Funded Mode) in full. Any remaining Available Balance or unencumbered Collateral (if Credit Mode is active) will be returned to your Blink Wallet. Closure does not relieve you of any obligation to pay amounts owed under this Agreement.
Subject to applicable law, we may suspend, revoke, or cancel your Card privileges, your right to use the Card, or deny any Transaction, in our sole discretion at any time, with or without cause, subject to any notice requirements under applicable law. Reasons may include, but are not limited to: inactivity, default, suspected fraud, regulatory requirements, or termination of the card program.
Upon closure: (a) your Card will be deactivated; (b) no new Transactions may be made; (c) any outstanding balance, fees, and charges (including any Overdraft in Funded Mode) remain due and payable; (d) any remaining Available Balance or unencumbered Collateral (if Credit Mode is active) will be returned to your Blink Wallet; and (e) the terms of this Agreement continue to apply to any outstanding obligations until fulfilled.
Any termination of Card privileges, whether initiated by us or by you, will not affect any of our rights or your obligations under this Agreement. You must also cancel all recurring charges or similar billing arrangements connected with the Card. We will not do this for you.
By applying for and using the Card, you authorize the sharing of your personal and financial information among Blink El Salvador, S.A. de C.V., Blink US LLC, Blink LLC, the Technology Provider, the Program Manager, and the Issuing Bank as necessary for: (a) evaluating your application; (b) managing your Card; (c) processing Transactions; (d) fraud prevention and detection; and (e) compliance with applicable laws and regulations.
Details on Blink’s collection, use, and handling of your personal data are described in the Blink Privacy Policy, which forms an integral part of this Agreement. By opening, using, or maintaining a Card, you consent to and direct Issuer to share information relating to transactions, including receipt information or other personal data, in order to deliver the Services.
You authorize Blink, the Issuer, and their partners, affiliates, agents, assigns, and service providers (collectively, the “Messaging Parties”) to use automatic telephone dialing systems, artificial or prerecorded voice message systems, text messaging systems and automated email systems, or any system capable of storing and dialing telephone numbers to deliver messages relating to this Agreement, your Card, or your relationship with the Messaging Parties (including but not limited to: messages about upcoming payment due dates, missed payments and returned payments) to any telephone number(s) you provide to the Messaging Parties.
You understand that anyone with access to your mail, telephone or email account may listen to or read the messages the Messaging Parties leave or send you, and you agree that the Messaging Parties will have no liability for anyone accessing such messages. You further understand that, when you receive a telephone call, text message or email, you may incur a charge from your telecommunications provider, and you agree that the Messaging Parties will have no liability for such charges except to the extent required by applicable law. You expressly authorize the Messaging Parties to monitor and record your calls with the Messaging Parties.
You may opt-out of receiving most of these messages at any time by sending a request to support@blink.sv or by responding “STOP” to any text message.
In Funded Mode, we may report to consumer credit reporting agencies only in connection with Overdraft amounts that remain unpaid beyond the repayment period specified in Section 3.5. When Credit Mode is activated, we may provide information about you and your Card to consumer credit reporting agencies in connection with your credit obligations, including negative information if you do not comply with the terms of this Agreement. In either mode, we may obtain credit and income information about you from consumer credit reporting agencies as the law allows.
We will provide you with at least 30 days’ prior notice before making material changes to this Agreement, including changes to fees, Spending Limits, liability provisions, arbitration terms, or the nature of the Card services. For material changes, we will seek your affirmative consent through the Blink App or by email; if you do not consent, you may close your Card before the effective date without penalty, and any remaining balance will be returned to your Blink Wallet. For non-material changes (formatting, clarifications, administrative updates, or changes required by law), changes may take effect upon posting or with notice as required by applicable law.
All amendments will comply with the applicable notice requirements of federal and state law that are in effect at that time. If we notify you of changes, we will send you a separate notice or inform you through the Blink App or on your Statement. Changes may include modifications to fees, Spending Limits, or other terms. If you do not agree to the changes, you may close your Card before the effective date.
To the extent permitted by applicable law, you will indemnify and defend each of Blink and the Issuer, and their affiliates, and their respective partners, directors, officers, employees, agents, trustees, administrators, managers, advisors, and representatives (each an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all claims, litigation, investigations, proceedings, losses, damages, fines, penalties, liabilities, settlements, costs, fees, and expenses incurred by any Indemnitee or asserted against any Indemnitee by any person: (i) arising out of, in connection with, related to, or as a result of, a breach by you of any of the representations, warranties, covenants, or agreements contained in this Agreement, the User Terms, or any other agreements that relate to the Services or the use of the Blink Card; (ii) for amounts owed by you to third parties; (iii) for your acts or omissions; (iv) for your use of the Services; or (v) for disputes over charges between you and merchants. Blink and the Issuer may defend any claim subject to indemnification hereunder, using counsel of its choice, and you will pay or promptly reimburse Blink and the Issuer for the reasonable fees of such counsel and all related costs and reasonable expenses.
If you are a user from a jurisdiction that does not allow certain indemnification obligations, you agree that the foregoing section is intended to be as broad as permitted under the laws of such jurisdiction. If any portion of this section is held to be invalid under the laws of such jurisdiction, the invalidity of such portion will not affect the validity of the remaining portions.
IMPORTANT: THIS SECTION CONTAINS A BINDING ARBITRATION PROVISION THAT AFFECTS YOUR LEGAL RIGHTS. PLEASE READ CAREFULLY.
Before filing a claim against Blink, you agree to try to resolve the Dispute informally by providing written notice to Blink of the actual or potential Dispute. Similarly, Blink will provide written notice to you of any actual or potential Dispute. The party that provides the notice (the “Notifying Party”) will include in that notice (a “Notice of Dispute”) the name of the company, the Notifying Party’s contact information, and sufficient details regarding such Dispute to enable the other party (the “Notified Party”) to understand the basis of and evaluate the concerns raised. If the Notified Party responds within ten (10) business days after receiving the Notice of Dispute that it is ready and willing to engage in good faith discussions, then each party shall promptly participate in such discussions in good faith.
If a Dispute is not resolved within thirty (30) days after the Notice of Dispute is sent (or if the Notified Party fails to respond within ten (10) business days), the Notifying Party may initiate an arbitration proceeding.
Except where mandatory arbitration of consumer disputes is prohibited by the law applicable to the Cardholder, any claim, dispute, or controversy arising out of or relating to this Agreement, the Card, or your Card (“Dispute”) shall be resolved by binding arbitration before a single neutral arbitrator. The substantive law governing all card-related Disputes shall be the laws of the Commonwealth of Puerto Rico (see Section 21). The procedural rules for arbitration shall be determined based on the User’s contracting entity:
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, NEITHER YOU NOR BLINK SHALL BE ENTITLED TO CONSOLIDATE, JOIN OR COORDINATE DISPUTES BY OR AGAINST OTHER INDIVIDUALS OR ENTITIES, OR ARBITRATE OR LITIGATE ANY DISPUTE IN A REPRESENTATIVE CAPACITY, INCLUDING AS A REPRESENTATIVE MEMBER OF A CLASS OR IN A PRIVATE ATTORNEY GENERAL CAPACITY. IN CONNECTION WITH ANY DISPUTE, ANY AND ALL SUCH RIGHTS ARE HEREBY EXPRESSLY AND UNCONDITIONALLY WAIVED.
Notwithstanding the agreement to arbitrate, you and Blink retain the right to bring an individual action in small claims court for disputes within that court’s jurisdiction.
If for any reason a claim or dispute proceeds in court rather than through arbitration, each party knowingly and irrevocably waives any right to trial by jury.
The existence of and all information regarding any Dispute will be held in strict confidence by the parties and will not be disclosed except as reasonably necessary in connection with the arbitration or confirmation of any award.
This agreement to arbitrate shall survive the termination or expiration of this Agreement and any closure of your Card Balance. If a court finds the prohibition of class arbitration in Section 20.3 to be invalid or unenforceable as to a particular claim or request for relief, that finding shall not affect the enforceability of Section 20.3 as to any other claim or request for relief, and all other provisions of this Section 20 (including the agreement to arbitrate on an individual basis) shall remain in full force and effect.
This Agreement, as it relates to card services, shall be governed by and construed in accordance with the laws of the Commonwealth of Puerto Rico, without regard to conflict-of-law provisions. This governing law applies to all Cardholders regardless of contracting entity, because the Issuing Bank is a Puerto Rico-licensed entity and the card program operates under Puerto Rico regulatory oversight.
Judicial proceedings (other than small claims actions) that are excluded from the arbitration provision in Section 20 must be brought in state or federal court in Puerto Rico, unless both parties agree to some other location, and you hereby consent to the venue and personal jurisdiction of such court.
Note: The governing law for card services under this Agreement is the law of Puerto Rico, notwithstanding the governing law provisions applicable to wallet services under the User Terms (which routes to Salvadoran law, Wyoming law, or Próspera ZEDE law depending on your contracting entity). Disputes arising solely from wallet services (and not involving the Card, this Agreement, or your Card Balance) remain subject to the governing law of your User Terms.
Agreement Structure. Our agreement with you is contained in and governed by: this document; all disclosures and terms provided to you before or when the Card is opened; the Privacy Policy; the terms shown on periodic billing statements; the e-signature and electronic communications consent agreement; and any future changes we make to any of the above items.
Severability. If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
Assignment. We may assign or transfer this Agreement or your Card without your consent. You may not assign or transfer your Card or this Agreement.
Entire Agreement. This Agreement, together with the User Terms, the Privacy Policy, and the fee schedule available in the Blink App, constitutes the entire agreement between you and the Issuing Bank regarding the Card.
Waiver. We will not lose any of our rights if we delay taking any action for any reason. We may waive your Fees without losing our right to charge them in the future. We may proceed against you before proceeding against someone else.
Survival. All obligations relating to outstanding balances (including Overdraft in Funded Mode), repayment, Collateral (if Credit Mode is active), indemnification, arbitration, and limitations of liability shall survive termination of this Agreement.
Voluntary Application and Reverse Solicitation. You agree that your application for the Blink Card was made voluntarily and on your own initiative. You acknowledge that Blink does not hold regulatory authorizations in every jurisdiction from which the Card may be accessed, and that by applying for the Card you have independently determined that your use of the Card complies with the laws of your jurisdiction of residence. Blink has not solicited, directed, or targeted its card services to you based on your jurisdiction of residence. Nothing in this provision limits any mandatory consumer protection rights that apply under the laws of your jurisdiction of residence.
For questions, disputes, or to report lost/stolen cards:
Blink Customer Support: support@blink.sv
Card Disputes and Chargebacks: disputes@blink.sv
Data Protection Inquiries: privacy@blink.sv
Phone: N/A — contact via email at support@blink.sv
For regulatory complaints:
For Users whose contracting entity is Blink El Salvador, S.A. de C.V.:
For Users whose contracting entity is Blink US LLC:
For Users whose contracting entity is Blink LLC:
The following additional terms apply based on your jurisdiction of residence. Where these terms conflict with the base terms above, the jurisdiction-specific terms in this Exhibit prevail for users in the applicable jurisdiction. If your jurisdiction is not listed below, only the base terms apply.
Section A — United States: FDIC disclaimer, Reg E, E-SIGN Act, arbitration, state regulatory contacts; Credit Mode only: Account Opening Disclosures (Reg Z), FCBA billing rights, MLA disclosure.
Section B — Consumer Protection Rights (All Jurisdictions except United States): Mandatory consumer protection rights, right of withdrawal, alternative dispute resolution.
For data protection and privacy terms applicable to your jurisdiction, see the Blink Privacy Policy.
The following additional terms apply to users who are residents of the United States of America.
A.1 Account Opening Disclosures (Credit Mode — Not Currently Active).
Note: Credit Mode is not currently active. The Account Opening Disclosures required by Regulation Z (including the interest rate table, fee schedule, and billing rights notice) will be provided to you prior to the activation of Credit Mode, in accordance with Section 18. No credit terms apply while the Card operates in Funded Mode.
A.2 Funds Are Not FDIC Insured. Funds held in your Card Balance are NOT insured by the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other federal or state government agency. In the event of the insolvency of the Issuing Bank or Blink, you may not recover the full amount of your funds.
A.3 Electronic Fund Transfer Disclosures (Regulation E). The following disclosures are provided in accordance with the Electronic Fund Transfer Act (15 U.S.C. § 1693 et seq.) and Regulation E (12 C.F.R. Part 1005):
(a) Liability for Unauthorized Transfers. If you notify us within 2 business days after learning of the loss or theft of your Card or credentials, your liability for unauthorized Transactions is limited to the lesser of $50 or the amount of unauthorized Transactions that occurred before notification. If you do not notify us within 2 business days, your liability may increase to $500 for unauthorized Transactions occurring after the 2 business-day period but before notification. If you fail to report unauthorized Transactions within 60 days after your Statement is made available to you, you may be liable for the full amount of unauthorized Transactions that occurred after the 60-day period.
(b) Error Resolution Procedures. If you believe an error has occurred on your Card Balance, contact us at support@blink.sv or through the Blink App. You must notify us within 60 days after the Statement on which the error appeared was made available to you. Your notice must include: (i) your name and card information; (ii) a description of the error and why you believe it is an error; and (iii) the dollar amount of the suspected error. We will investigate your claim and determine whether an error occurred within 10 business days of receiving your notice. If we need more time, we may take up to 45 days to complete the investigation, provided that we provisionally credit your Card Balance within 10 business days for the amount of the suspected error. We will notify you of the results of our investigation within 3 business days of completing it. If we determine that no error occurred, we will send you a written explanation and debit any provisional credit from your Card Balance.
(c) Receipts and Statements. You may obtain a receipt at the time of each Transaction through the Blink App. Periodic Statements summarizing your card activity will be made available through the Blink App and/or by email.
(d) Our Liability. If we fail to complete a Transaction on time or in the correct amount when properly instructed by you, we may be liable for your losses or damages. However, there are exceptions, including: (i) if your Card does not have sufficient Available Balance; (ii) circumstances beyond our control (such as system failures, natural disasters, or network outages); (iii) if your Card has been suspended; or (iv) if the information you provided was incorrect or incomplete.
A.4 Arbitration — US-Specific Provisions. For US users, the arbitration provision in Section 20 is supplemented as follows: arbitration shall be administered by the American Arbitration Association (AAA) under its Commercial Arbitration Rules. For claims of $250,000 or less, the AAA Expedited Procedures shall apply. Any in-person arbitration hearing shall be held in New York, New York, or, if you so elect, all proceedings can be conducted via videoconference, telephonically or via other remote electronic means. Notwithstanding the arbitration provision, either party retains the right to bring an individual action in small claims court for disputes within that court’s jurisdiction. The Federal Arbitration Act governs the interpretation and enforcement of this arbitration provision for US users. If either party purports to initiate arbitration without first providing a Notice of Dispute as required by Section 20.1, the arbitrator(s) will promptly dismiss the claim without prejudice and will award the other party all of its costs and expenses (including reasonable attorneys’ fees). Notwithstanding the foregoing, if a party seeks injunctive relief that would significantly impact other Blink users, the parties agree that such arbitration will be handled by a panel of three (3) arbitrators. Filing costs and administrative fees shall be paid in accordance with the AAA Rules; provided that the prevailing party will be entitled to recover its reasonable attorneys’ fees, expert witness fees, and out-of-pocket costs.
A.5 Electronic Communications Consent (E-SIGN Act). By using the Card, you consent to receive all disclosures, notices, and communications required by law in electronic form, in accordance with the Electronic Signatures in Global and National Commerce Act (E-SIGN Act). You may withdraw this consent at any time by contacting support@blink.sv, but withdrawal of consent may result in closure of your Card Balance. To receive electronic communications, you need: (i) a device with internet access; (ii) a current email address on file with us; and (iii) the ability to view PDF files.
A.6 Military Lending Act Disclosure (Credit Mode — Not Currently Active). The following disclosure applies only when Credit Mode is activated. It applies to persons covered by the Military Lending Act — other governmental programs and laws may also govern or apply to this transaction but are not described in the following disclosure. Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account).
A.7 Your Billing Rights (Fair Credit Billing Act) (Credit Mode — Not Currently Active).
Note: The following billing rights apply only when Credit Mode is activated. While your Card operates in Funded Mode, disputes are handled under Section 9 and Exhibit I Section A.3 (Regulation E).
KEEP THIS SECTION FOR FUTURE USE
This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.
What To Do If You Find A Mistake On Your Statement
If you think there is an error on your statement, write to us at: Blink Customer Support support@blink.sv
In your letter, give us the following information:
You must contact us within 60 days after the error appeared on your statement. At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you think is wrong.
You must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any potential errors and you may have to pay the amount in question.
What Will Happen After We Receive Your Letter
When we receive your letter, we must do two things:
While we investigate whether or not there has been an error:
After we finish our investigation, one of two things will happen:
If you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that you still refuse to pay. If you do so, we cannot report you as delinquent without also reporting that you are questioning your bill. We must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know when the matter has been settled between us.
If we do not follow all of the rules above, you do not have to pay the first $50 of the amount you question even if your bill is correct.
Your Rights If You Are Dissatisfied With Your Credit Card Purchases
If you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the purchase.
To use this right, all of the following must be true:
If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at support@blink.sv.
A.8 Eligibility Attestation. By using a Card, you represent and warrant in your individual capacity that:
A.9 State-Specific Disclosures.
(a) New York Residents. If you have a complaint regarding your Blink Card that has not been resolved by Blink, you may file a complaint with the New York State Department of Financial Services at www.dfs.ny.gov.
(b) Texas Residents. If you have a complaint regarding your Blink Card, you may contact the Texas Department of Banking at www.dob.texas.gov.
Where the law of the Cardholder’s jurisdiction provides mandatory consumer protection rights — including rights of withdrawal, access to alternative dispute resolution, or protections against unfair contract terms — nothing in this Agreement limits or excludes those rights. Where applicable law provides a right to withdraw from this Agreement within a specified period after entering into it, the Cardholder may exercise that right by notifying Blink in writing at support@blink.sv. If the Cardholder has used the Card during the withdrawal period, they remain liable for any Transactions completed and any outstanding balance. Complaints that Blink has not resolved to the Cardholder’s satisfaction may be referred to the relevant consumer protection authority or alternative dispute resolution body in the Cardholder’s jurisdiction of residence. To the extent any provision of this Agreement conflicts with mandatory consumer protection rights under the Cardholder’s applicable law, the mandatory rights prevail. The Cardholder acknowledges that, for jurisdictions outside the United States, the Card is accessed on the Cardholder’s own initiative and Blink has not solicited or targeted its card services to the Cardholder based on their jurisdiction of residence.
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By using the Blink Card, you acknowledge that you have read, understood, and agree to this Cardholder Agreement, including the applicable Exhibit I provisions for your jurisdiction, all applicable disclosures and the fee schedule available in the Blink App. You understand that your Card currently operates in Funded Mode and that Credit Mode provisions will take effect only upon activation in accordance with Section 18.
