Version: 2.0 | Last Updated: March 21, 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 account ("Account"). 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 location, as identified in the Blink Terms and Conditions). Role: Manages your Card Account and settles Transactions with the Issuing Bank on your behalf.
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; is a software and technology company that does not hold any financial services licenses.
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 manages your Card Account and settles Transactions with the Issuing Bank on your behalf.
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 account, 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.
"Account" means the Blink Card Account, a dedicated account within your Blink Wallet through which Card Transactions are processed and settled.
"Available Balance" means the total value of funds in your Account 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 Account 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 Account, 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 Account, including your Account 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 Account, 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 Account 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 Account, 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 Account 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 Account 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 Account.
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 Account, wherever Visa is accepted. When you make a purchase, Blink draws the corresponding amount from your Card Account and settles the Transaction with the Issuing Bank on your behalf. 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 Account. 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 Blink will satisfy obligations created through your use of the Blink Card and you will repay Blink based on 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 Account 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 Account transactions allowed during a single day or other time periods. We may restrict or delay the availability of funds in your Account, to protect you and us against potential fraud, unauthorized transactions, Account misconduct or misuse, or for other risk management reasons. 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 Account 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.
Your Card Account is a dedicated account maintained within your Blink Wallet. You may transfer funds to your Card Account from your Wallet's Bitcoin balance or Dollar Account balance. The Card Account supports both Custodial Mode and Non-Custodial Mode — the mode of your Card Account corresponds to the mode of the Wallet balance from which you transfer funds.
When you make a purchase using the Card, Blink draws the necessary amount from your Card Account, converts to USD if the balance is denominated in BTC (at the prevailing rate at the time of the Transaction, plus any applicable conversion fees), and settles the Transaction with the Issuing Bank on your behalf. If your Card Account 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 Account 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:
a) In Custodial Mode, funds in your Card Account are held and managed by Blink on your behalf. Blink can assist with account-related issues and recovery.
b) In Non-Custodial Mode, funds in your Card Account are secured by your cryptographic keys. Blink does not have custody of these funds until the moment a Transaction is initiated, at which point the necessary amount is converted and settled with the Issuing Bank. The User is solely responsible for securing their Backup Phrase; Blink cannot recover non-custodial Card Account funds under any circumstances.
c) Not all Card Account modes may be available in all jurisdictions.
When a Transaction requires conversion of BTC to USD, Blink will execute the conversion at the prevailing exchange rate at the time of the Transaction, plus a conversion spread of approximately 0.2%. The conversion rate is determined by Blink using the real-time price posted on a reputable and recognized exchange or price aggregator, subject to Blink's sole discretion. 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 Account (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 Account has sufficient funds before initiating a Transaction.
In certain circumstances, a Transaction may be approved that causes your Account balance to fall below zero, resulting in an Overdraft. The maximum Overdraft amount is $200. If your Account has an Overdraft balance, you must repay the Overdraft amount within 7 days by transferring additional funds to your Card Account. 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 of $25 per occurrence; (b) suspension or closure of your Card and Account; (c) collection actions through lawful means; 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 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 us 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 Blink.
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 Blink 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.
The Collateral will be owned by you at all times and held in your custody within one or more smart contracts on the Bitcoin blockchain or supported stablecoin networks. Blink will only have access to the Collateral during or after a Liquidation Event. Once a Liquidation Event occurs, the Collateral will be foreclosed and liquidated in order to repay the outstanding balance on your Card. Blink 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 and agree that, because of the nature of blockchain technology and smart contract infrastructure, Blink may not always be in a position to provide advance notice or to stop a liquidation from occurring once triggered. The absence of prior notice does not affect the validity of any Liquidation Event. You authorize Blink and its designees to foreclose and/or liquidate the Collateral upon a Liquidation Event and use the amounts to satisfy your payment obligations owed to Blink.
Blink will not, in any circumstance, be holding custody of your Collateral. Blink is not a custodian or owner of your Collateral. If a Liquidation Event occurs, only the amount required to repay your outstanding financial obligations to Blink will be liquidated from your Collateral. Any unencumbered Collateral balances shall remain freely accessible. You authorize and consent to Blink liquidating the Collateral upon a Liquidation Event through a third party or by other means in order to satisfy payment obligations owed by you to Blink, the Issuer or other third party, as applicable.
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 Account by applying a Daily Periodic Rate to an "Average Daily Balance" of each Balance Category in your Account.
To get the "Average Daily Balance," we take the beginning balance of your Account each day (including any previously billed and unpaid transactions and Fees), add any new Fees and Account 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 Account 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 Account.
Any failure to pay amounts owed to Blink or the Issuer, as applicable, 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 Account 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.
The fees applicable to your Account are set forth in the Fee Schedule (Section 24) and may include:
Annual Fee: $1,000 per year (waived for the first year). We may charge you this Fee for making the Account available and issuing Cards to you.
Overdraft Late Repayment Fee: $25 per occurrence. We may charge you this Fee if you fail to repay an Overdraft within 7 days as required by Section 3.5, or (when Credit Mode is active) if we do not receive your payment in time to credit it by the due date shown on your Statement.
USD Transaction Fee: 1.21% of each transaction in U.S. dollars.
Foreign Transaction Fee: 2.21% of each transaction in a currency other than U.S. dollars.
BTC Conversion Spread: approximately 0.2%. Applied when BTC is converted to USD at the time of a Transaction.
Card Replacement Fee: $10.00.
Copying Fee: $10.00 per document. We may charge you a Fee for each copy of a transaction document or a Statement you request, unless they are required to resolve a billing dispute.
Liquidation Penalty: $35 per occurrence.
Returned Payment Fee: None for US residents; $29 for international residents.
Fees are subject to change with notice as required by applicable law.
Your Account 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 Account. 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 Account 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 Account 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 Account 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 Account on either the current or a future Periodic Statement. We may impose Fees, reduce your spending limits, or suspend access to your Account 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 Account, 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 Account 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 Account 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 Account, 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 Account 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 Account; demand that you immediately pay the entire balance owing on your Account; 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 us all of our collection expenses, attorneys' fees, and court costs, unless the law does not allow us to collect these amounts.
You may close your Account 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 Account privileges, your right to use the Card, or deny any Transaction, in our sole discretion at any time, with or without cause and with or without giving you notice. 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 Account 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 Account. 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 Account; (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.
The Program Manager's privacy policy is available at raincards.xyz/legal/docs/privacy-policy.
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 Account, 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.
We may provide information about you and the Account to consumer credit reporting agencies and others as described in our Privacy Policy. Information we provide might appear on credit reports about you. This could include negative information, if you do not comply with the terms of this Agreement. We may obtain and use credit and income information about you from consumer credit reporting agencies and others as the law allows.
We will provide you with at least 30 days' prior notice before making significant changes to this Agreement. We reserve the right to amend this Agreement or impose additional obligations or restrictions on you at any time. For changes that are not significant, or where applicable law does not require advance notice, changes may take effect upon posting or with shorter notice periods. By continuing to use the Cards after the effective date of any amendment, you agree to be bound by such amendments or additional obligations or restrictions. The date on the top of this page shows when this Agreement was last updated.
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 Account before the effective date.
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.
Any claim, dispute, or controversy arising out of or relating to this Agreement, the Card, or your Account ("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 Account. If a court finds the prohibition of class arbitration to be invalid or unenforceable, then the entirety of this agreement to arbitrate shall be deemed void, and any remaining Dispute must be litigated in court.
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 Account) remain subject to the governing law of your User Terms.
Agreement Structure. Our Account agreement with you is contained in and governed by: this document; all Account disclosures and terms provided to you before or when the Account 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 Account without your consent. You may not assign or transfer your Account or this Agreement.
Entire Agreement. This Agreement, together with the Fee Schedule, the User Terms, and the Privacy Policy, 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. You agree that your application for the Blink Card was made voluntarily and was not the result of any in-person solicitation by Blink or the Issuing Bank. For the avoidance of doubt, general marketing, referral programs, in-app promotions, or third-party recommendations do not constitute solicitation for purposes of this provision.
For questions, disputes, or to report lost/stolen cards:
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:
Phone: +504 92216815
Annual Fee: $1,000 per year (waived for the first year)
USD Transaction Fee: 1.21% of each transaction in U.S. dollars
Foreign Transaction Fee: 2.21% of each transaction in a currency other than U.S. dollars
BTC Conversion Spread: approximately 0.2%
Overdraft Late Repayment Fee: $25 per occurrence (if Overdraft not repaid within 7 days)
Maximum Overdraft Amount: $200
Card Replacement Fee: $10.00
Copying Fee: $10.00 per document
No interest is charged on purchases in Funded Mode.
Note: The fees below are the same as in Funded Mode except where noted. Additional fees (Late Payment Fee, Returned Payment Fee, Liquidation Penalty) apply only in Credit Mode. Fee amounts may change upon activation of Credit Mode; any changes will be disclosed in accordance with Section 18.
Annual Fee: $1,000 per year (waived for the first year)
USD Transaction Fee: 1.21% of each transaction in U.S. dollars
Foreign Transaction Fee: 2.21% of each transaction in a currency other than U.S. dollars
BTC Conversion Spread: approximately 0.2%
Late Payment Fee: $25 per occurrence
Returned Payment Fee: None (US) / $29 (International)
Card Replacement Fee: $10.00
Copying Fee: $10.00 per document
Liquidation Penalty: $35 per occurrence
Over Credit Limit Fee: None
No interest is charged on purchases (0.00% APR). Interest terms may change upon activation of Credit Mode; any changes will be disclosed in accordance with Section 18.
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 — European Economic Area: Right of withdrawal, ADR complaints.
Section C — United Kingdom: Right of withdrawal, Financial Ombudsman.
Section D — Brazil: Consumer Protection Code (CDC), Central Bank regulations, currency/exchange, governing law.
Section E — Other Jurisdictions: Base terms only.
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: The following Account Opening Disclosures apply only when Credit Mode is activated. While your Card operates in Funded Mode, these disclosures are provided for informational purposes and will take effect upon activation of Credit Mode in accordance with Section 18.
INTEREST RATE AND INTEREST CHARGES
Annual Percentage Rate (APR) for Purchases: 0.00%
APR for Balance Transfers: N/A
APR for Cash Advances: N/A
Paying Interest: You will not be charged interest on purchases. Your due date for payment of amounts owed on your Card is 21 days after the close of each billing cycle.
Minimum Interest Charge: There is no interest chargeable to this Credit Card.
For Credit Card Tips from the Consumer Financial Protection Bureau: To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at: consumerfinance.gov/learnmore
Annual Fee: $1,000 per year (waived for the first year from the date of Card issuance)
Balance Transfer: N/A
Cash Advance: None
USD Transaction Fee: 1.21% of each transaction in U.S. dollars
International Transaction: 2.21% of each transaction in a currency other than U.S. dollars
BTC Conversion Spread: approximately 0.2%
Late Payment: $25 per occurrence
Over the Credit Line: None
Returned Payment: None
How We Will Calculate Your Balance: We use a method called "average daily balance." See Section 5 of this Agreement for more details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in Section A.7 of this Exhibit.
Loss of Introductory APR: There is no interest chargeable to this Credit Card.
How We Will Calculate Your Variable APRs: There is no interest chargeable to this Credit Card.
Prime Rate: There is no interest chargeable to this Credit Card.
A.2 Funds Are Not FDIC Insured. Funds held in your Card Account 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 Account, 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 Account 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 Account 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 Account.
c) Receipts and Statements. You may obtain a receipt at the time of each Transaction through the Blink App. Periodic Statements summarizing your Account 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 Account does not have sufficient Available Balance; (ii) circumstances beyond our control (such as system failures, natural disasters, or network outages); (iii) if your Card or Account 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 Account. 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 Card Account 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 Card Account, you may contact the Texas Department of Banking at www.dob.texas.gov.
The following additional terms apply to users who are residents of the European Economic Area (EEA). For data protection terms, see the Blink Privacy Policy.
B.1 Right of Withdrawal. EEA users may withdraw from this Agreement within 14 days of entering into it without giving any reason, by notifying Blink in writing at support@blink.sv. If you have used the Card during the withdrawal period, you remain liable for any Transactions completed and any outstanding balance.
B.2 Complaints. If you are not satisfied with how Blink has handled a complaint, you may refer the complaint to the relevant alternative dispute resolution body in your country of residence.
The following additional terms apply to users who are residents of the United Kingdom. For data protection terms, see the Blink Privacy Policy.
C.1 Right of Withdrawal. UK users have the same 14-day withdrawal right as described in Exhibit I, Section B.1.
C.2 Complaints. If you are not satisfied with how Blink has handled a complaint, you may refer the complaint to the Financial Ombudsman Service (if applicable) or the relevant alternative dispute resolution body.
The following additional terms apply to users who are residents of the Federative Republic of Brazil. For data protection terms, see the Blink Privacy Policy.
D.1 Consumer Protection (Código de Defesa do Consumidor). Brazilian users are entitled to the protections provided by the Consumer Protection Code (Law No. 8,078/1990, "CDC"), including:
a) Right of Withdrawal. You may withdraw from this Agreement within 7 days of entering into it if the Agreement was concluded outside of a commercial establishment (including by electronic means), in accordance with Article 49 of the CDC. To exercise this right, contact support@blink.sv. Any amounts charged during the withdrawal period will be refunded in full.
b) Clear and Adequate Information. Blink will provide clear, adequate, and accurate information regarding the Card services, fees, and associated risks, in Portuguese, in accordance with Articles 6 and 31 of the CDC.
c) Unfair Terms. Any provision of this Agreement that may be deemed abusive under Article 51 of the CDC shall be null and void, without prejudice to the remaining provisions.
d) Dispute Resolution. Brazilian users may file complaints with the consumer protection authorities (PROCON) in their state of residence or through the national platform consumidor.gov.br. The arbitration provision in Section 20 does not preclude the User's right to seek redress through small claims courts (Juizados Especiais) or consumer protection agencies under Brazilian law.
D.2 Central Bank of Brazil Regulations. The User acknowledges that the Card services are provided by the Issuing Bank in its capacity as the card issuer, and that Blink facilitates the Card Account within the Wallet. The Card program is subject to applicable regulations issued by the Central Bank of Brazil (Banco Central do Brasil — BCB), the National Monetary Council (CMN), and the Visa payment network rules. Blink will provide any disclosures required by BCB regulations to Brazilian users through the Blink App.
D.3 Currency and Exchange. Transactions involving conversion between Bitcoin, stablecoins, or other digital assets and Brazilian Reais (BRL) or USD are subject to applicable exchange regulations issued by the BCB. The User is responsible for compliance with any applicable foreign exchange reporting or tax obligations under Brazilian law.
D.4 Governing Law. For Brazilian users, this Agreement shall be interpreted in accordance with Brazilian law, including the CDC, the LGPD, and applicable BCB regulations, to the extent they override the Puerto Rico governing law in Section 21. Nothing in this Agreement shall be construed to limit or exclude any mandatory consumer protection rights provided by Brazilian law.
If you reside in a jurisdiction not specifically listed above, only the base terms above apply. Blink may add jurisdiction-specific terms for additional jurisdictions from time to time, with notice as provided in Section 18.
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 associated Fee Schedules and disclosures. 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.
