TERMS, CONDITIONS AND PRIVACY POLICY

The Bloomingdale's credit card is issued by Department Stores National Bank ("DSNB"). Subject to credit approval. The new account discount (the "Discount") is valid on merchandise purchases made at Bloomingdale's the day you are approved and the following day and charged on your new Bloomingdale's Account. The Discount cannot be combined with other discount offers except where indicated and it may not be applied to previous purchases. The Discount does not apply to services, certain licensed departments and Gift Cards. On mattresses, the Discount savings is limited to $100. On furniture, the Discount savings is limited to $250. Applicants must qualify for the immediate approval to receive the Discount; applications requiring further processing will not receive the Discount. Employees of Bloomingdale's and its affiliates are not eligible. The Discount percentage may differ on store purchases. For your convenience and record keeping, the Discount will appear on your statement. It will not appear on your register receipts or during checkout on bloomingdales.com.

NOTICE TO CREDIT CARD APPLICANT(S)
Federal and state laws require the following notices:

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT-To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.

The applicant, if married, may apply for a separate account. After credit approval, each applicant shall have the right to use this Account to the extent of any credit limit set by the creditor and each applicant may be liable for all amounts of credit extended under this Account to any joint applicant.

You give us permission to investigate your credit history by obtaining consumer reports and by making direct inquiries of businesses where you have accounts and where you work. We may request a consumer report from consumer reporting agencies in considering your application for this Account and later in connection with an update, renewal, extension of credit, or in connection with the collection of this Account. Upon your request, we will tell you whether or not a consumer report was requested and the name and address of any consumer reporting agency that furnished the report. You also authorize us to report your performance under this Agreement to credit bureaus and others who may properly receive such information.

We report each Account Type you request on your Account separately to the credit bureaus, which would cause you to have an entry on your credit report for each Account Type. These include charges you make at Bloomingdale's on a Revolving, Major Purchase or Club Account. If you also have a Visa® Account, it reports separately to the credit bureaus.

By submitting a credit application you acknowledge and agree that the information in your application, as well as any updates to that information, will be provided to DSNB, Bloomingdale's and their affiliates. If you choose to provide your e-mail address then you authorize Bloomingdale's to e-mail you information about upcoming promotions, sales, special events and other offers.

You need not accept the credit card or pay any fee unless you use the card or have already used the Account

For important information about your rights regarding our sharing of information about you, see the DSNB Privacy Policy below.

To find out about changes in the information in this application, write to us at P.O. Box 8051, Mason, OH 45040.

IMPORTANT DEPARTMENT STORES NATIONAL BANK CREDIT CARD TERMS, CONDITIONS, AND PRIVACY POLICY

Complete Terms and Account Agreement will be sent with your new Credit Card. To find out about changes in the information in this application, write to us at P.O. Box 8051, Mason, Ohio 45040.

This Account Agreement contains the payment and credit terms for the Revolving Account, Major Purchase Account ("MPA") and Club Account. Please note that some of the terms differ depending on the account type.

In this Department Stores National Bank ("DSNB") Credit Card Agreement ("Agreement"), the words "you" and "your" mean any person who has requested and is issued a DSNB Credit Card ("credit card"), or is authorized to use the DSNB Credit Account ("Account"), that is established at your request, the terms of which appear in this Agreement. The words "we", "us" and "our" mean Department Stores National Bank, 701 E 60th St. N, Sioux Falls, SD 57117, and any person to whom this Agreement or the indebtedness created under this Agreement may be assigned.

1. Use of Your Account and Card: Your Account and Card may only be used to purchase goods and services for personal, family and household use.
2. Promise to Pay: In return for extending credit to you on this Account from time to time, you promise to pay us for Purchases that you make on this Account from time to time at retailers authorized to accept our credit card. You also promise to pay us all other charges mentioned below, according to the terms of this Agreement.
3. Types of Charges: There are three types of charges ("Account Type") under your Account: Revolving charges, Major Purchase Account charges and Club charges. You may make a Revolving charge for any merchandise or service offered by retailers authorized to accept our credit card without any minimum Purchase requirements. You may make a Major Purchase charge for qualifying Purchases in certain designated categories, subject to a minimum Purchase requirement. You may make a Club charge for selected merchandise, as permitted by us, subject to a minimum Purchase requirement. Your desire to charge purchases to your Major Purchase or Club Account must be indicated at the time of purchase.
4. No Interest Charge Feature (Club Account): No Interest Charge will be assessed on your Club Account as long as you do not make a late payment; otherwise, we may begin to assess Interest Charges as calculated in Section 6 after any notice required by law.
5. How to Avoid Paying Interest on the Revolving and Major Purchase Account Types: If you make Purchases during a billing period with no previous balance or the sum of payments and credits (excluding credits for returns of Purchases made during the current billing period) is at least equal to the Previous Balance, no Interest Charges are added to your Account Type for that billing period. If you pay the Total New Balance on that statement by the Payment Due Date, you can avoid Interest Charges for those Purchases during the next billing period. However, if you pay less than the full balance, you still avoid Interest Charges on that portion of the balance paid.
   If you make a Purchase during a billing period with an unpaid Previous Balance, we will begin charging interest on the Purchase from the date it is added to the balance and continue to accrue interest until payment in full is credited to your account. You can avoid Interest Charges on your new Purchases that appear on your current billing statement if you pay your Total New Balance by the Payment Due Date on your current statement.
6. Interest Charge – Balance Computation Method: An Interest Charge will be imposed on each balance within each Account Type that is subject to Interest Charges by applying a Daily Periodic Rate, multiplied by the number of days in the billing period, to the Average Daily Balance for Purchases (including new transactions), which appears on your Statement as the Balance Subject to Interest Rate, and by assessing certain fees which are explained below. To get the Balance Subject to Interest Rate for each Account Type, we take the beginning balance of each Account Type each day, add any new purchases, any Interest Charges applied to the previous day's balance, and new fees, and subtract any new payments and credits. This gives us the daily balance. Then, we add up all the daily balances for the billing period and divide the total by the number of days in the billing period. This gives us the Balance Subject to Interest Rate. (This results in daily compounding of Interest Charges.)
7. Cost of Credit: The cost of credit is determined as follows:
   
   1. The Daily Periodic Rate applicable to purchases for the billing period is 1/365th of the Annual Percentage Rate (regardless of leap years) in effect for the billing period as disclosed below, rounded to five decimal places. The Annual Percentage Rate may be changed quarterly. It will be calculated by taking the rate disclosed as the "Prime Rate" in the "Money Rates" section of The Wall Street Journal on the 15th day of March, June, September and December of each year (or the next business day if the 15th day falls on a weekend or holiday) and adding 21.25% to that rate. As of February 1, 2010, the ANNUAL PERCENTAGE RATE so calculated is 24.50%, which corresponds to a Daily Periodic Rate of .06712%. Any change in the Annual Percentage Rate will go into effect on the first day of the billing period that begins after the first day of the next calendar quarter and may result in an increase or decrease in the Interest Charge imposed on your Account and in the minimum monthly payment.
   2. There will be a Minimum INTEREST CHARGE of $2.00 in any billing period in which the INTEREST CHARGE resulting from application of the Daily Periodic Rate would be less than $2.00.
8. Minimum Payment:
   
   1. Minimum Payment Due: Each month, for each Account Type with a balance, you agree to pay at least the Minimum Payment Due, which is the sum of a Monthly Minimum plus all unpaid Late Payment Fees, any credit protection charges (if enrolled) applied that month and any delinquent Monthly Minimums by the Payment Due Date. The Monthly Minimum for each Account Type is calculated as follows:
      
      1. Revolving Account Type: The greater of $5.00 or 3.25% of the New Balance, rounded up to the next whole dollar amount, or the entire New Balance if it is under $5.00.
      2. Major Purchase Account Type: The greater of $5.00 or 3.25% of the New Balance, rounded up to the next whole dollar amount, or the entire New Balance if it is under $5.00.
      3. Club Account Type: The greater of $20.00 or 1/12th of the highest New Balance of your Club Account since it last had a $0 balance, rounded up to the next whole dollar amount, or the entire New Balance if it is under $20.00.
   2. Level Payments: Since the Minimum Payment for the Club Accounts is based on the highest New Balance in the Account Type until paid in full, the Minimum Payment for Club Accounts not decrease as the New Balance decreases, even if you pay more than the Minimum Payment required. Your Minimum Payment will increase, however, if a new purchase increases the New Balance in the Club Account above a previous high.
   3. Additional Payment Information: You may at any time pay more than the Minimum Payment Due or the full amount due with no penalty. If you pay more than the Minimum Payment Due and there is still a balance due, you must continue to make Minimum Payments in future months. Payments in excess of the Minimum Payment Due will be applied in accordance with law, and payments less than the Minimum Payment Due and credits will be applied at our discretion. If we accept any late payment or partial payment, whether or not marked as payment in full, it will not affect the due date of any payment due under this Agreement, it will not act as an extension of time or a waiver of any amount then remaining unpaid, and it will not affect any of our rights under this Agreement including our right to declare the entire balance in your Account to be due. Returns and credits are not applied toward your Minimum Payment Due.
   4. Form of Payment: You agree to make your payment by check, money order or similar instrument payable in U.S. dollars drawn on a financial institution located in the United States.
9. Special Payment Plans: We may offer you promotional terms from time to time for all or a part of any balances. Any promotional terms may apply for a limited period of time. They will be governed by the terms of the promotional offer and the Credit Card Agreement, in accordance with law. They may include the Special Event and the No Interest offers described below. Your promotional terms may end if you make a late payment. (a) Special Event: Interest Charges will accrue but will be deferred during the promotional period, and will not be imposed on this balance if you pay the balance in full by the end of the promotional period. We will impose Interest Charges on this balance if you do not pay the balance in full by the end of the promotional period or the promotional terms are terminated. We will impose these Interest Charges from the date of purchase until the balance is paid in full. The promotional offer will specify any minimum purchase amount and the amount of any minimum payment required on this balance. (b) No Interest: No Interest Charges are imposed on this balance during the promotional period. The promotional offer will specify any minimum purchase amount and the amount of any minimum payment required on this balance.
10. Returned Check Fee: We add a $29.00 fee to your Account if any payment check or similar instrument is not honored or is returned because it cannot be processed, or if an automatic debit is returned unpaid. We assess this fee the first time a check or payment is not honored, even if it is honored upon resubmission.
11. Late Payment Fee: A late payment fee of $15.00 for balances less than $50.00; $29.00 for balances of $50.00 but less than $300.00; $39.00 for balances $300.00 and above per Account Type, with a maximum of two late payment fees each monthly billing period, will be charged to your Account if we do not receive your minimum monthly payment by your Payment Due Date.
12. Disputed Accuracy of Credit Report: We may report information about your Account to credit reporting agencies. Late payments, missed payments, or other defaults on your Account may appear on your credit report. If you request cards on your Account for others, we may report account information in the names of those other people as well. If you think we reported erroneous information to a credit reporting agency, write to: Credit Bureau Dispute Verification, P.O. Box 8218, Mason, OH 45040-8218. In doing so, please identify the inaccurate information and tell us why you believe it is incorrect. If you have a copy of the credit report that includes the inaccurate information, please send a copy of that report to us as well. We will promptly investigate the matter and notify you in writing of the results. If we agree with you, we will contact each credit reporting agency to which we reported and request a correction.

YOUR BILLING RIGHTS: KEEP THIS NOTICE FOR FUTURE USE.

This notice tells you about your rights and responsibilities under the Fair Credit Billing Act.

What To Do If You Find A Mistake On Your Statement

• Department Stores National Bank
• P.O. Box 8066
• Mason, OH 45040

• Account information: Your name and account number.
• Dollar amount: The dollar amount of the suspected error.
• Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you believe it is a mistake.

• 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.

What Will Happen After We Receive Your Letter

When we receive your letter, we must do two things:

• Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you if we have already corrected the error.
• Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is correct.

• We cannot try to collect the amount in question, or report you as delinquent on that amount.
• The charge in question may remain on your statement, and we may continue to charge you interest on that amount.
• While you do not have to pay the amount in question, you are responsible for the remainder of your balance.
• We can apply any unpaid amount against your credit limit.

• If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that amount.
• If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest and fees. We will send you a statement of the amount you owe and the date pay­ment is due. We may then report you as delinquent if you do not pay the amount we think you owe.

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.

• The purchase must have been made in your home state or within 100 miles of your current mailing address, and the purchase price must have been more than $50. (Note: Neither of these are necessary if your purchase was based on an advertisement we mailed to you, or if we own the company that sold you the goods or services.)
• You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a check that accesses your credit card account do not qualify.
• You must not yet have fully paid for the purchase.

• Department Stores National Bank
• P.O. Box 8066
• Mason, OH 45040

BLOOMINGDALE'S CONSUMER CREDIT CARD PROGRAM
DEPARTMENT STORES NATIONAL BANK PRIVACY POLICY
Our Privacy Notice for Your Credit Card Account

Keeping customer information secure is a top priority for all of us at Department Stores National Bank ("DSNB"), the bank that issues your credit account. This notice tells you how we collect, handle and disclose personal information about you. If you want to limit our disclosing this information, please see Your Privacy Choices and a toll-free number to contact us in paragraph E of this notice. If you are a joint accountholder, we will accept your privacy choices from either of you and apply it to the entire account. This notice also applies to applicants and former customers as well as current customers unless we state otherwise. This notice replaces all previous notices to you about information-sharing practices on your Account. We may amend this notice at any time, and will inform you of changes as required by law.*
*However, we will not change your privacy elections unless we give you a revised notice.

1. Security of Personal Information
   We protect personal information by maintaining physical, electronic, and procedural safeguards that meet or exceed applicable law. We train our employees in the proper handling of personal information. When we use other companies to provide services for us, we require them to protect the confidentiality of personal information they receive.
2. Personal Information We Collect and May Disclose
   The personal information we collect about you comes from the following sources:
   • Information we receive from you on applications or other forms, such as your name, address, telephone number, date of birth, social security number, and driver's license number,
   • Information about your transactions with us, our affiliates or nonaffiliated third parties, such as your account balances, payment history, and account activity,
   • Information we receive from a consumer reporting agency, such as your credit bureau reports and other information relating to your creditworthiness, and
   • Information we receive about you from other sources, such as your employer, demographic firms, and other third parties.
   
   We may disclose any of the above information that we collect to affiliates and nonaffiliated third parties as described below.
3. Affiliates To Whom We May Disclose Personal Information
   Our affiliates are the family of companies controlled by Citigroup Inc. and the family of companies controlled by Macy's, Inc. Affiliates to whom we may disclose personal information about you are in several different businesses, including banking, credit cards, consumer finance, insurance, securities and retail sales of goods and services. Our affiliates include those doing business under the names CitiFinancial, CitiMortgage, Smith Barney, Primerica, Macy's and Bloomingdale's.
4. Nonaffiliated Third Parties To Whom We May Disclose Personal Information
   Nonaffiliated third parties are those not part of the family of companies controlled by Citigroup Inc. and/or Macy's, Inc. We may disclose personal information about you to the following types of nonaffiliated third parties:
   • Financial services providers, such as companies engaged in banking, credit cards, consumer finance, securities and insurance.
   • Non-financial companies, such as companies engaged in direct marketing and the selling of consumer products and services.
   • Others, such as non-profit organizations.
   
   If you opt out of information sharing with nonaffiliated companies (Opt-out 1), we will not make these disclosures except as follows. First, we may disclose information about you as described above in "Personal Information We Collect and May Disclose" to third parties that perform marketing or other services on our behalf or to other financial institutions with whom we have joint marketing agreements. Second, we may disclose personal information about you to third parties as permitted by law, such as disclosures necessary to process and service your DSNB credit card account.
5. Your Privacy Choices
   This section describes your privacy choices. Please remember that we will continue to protect your personal information regardless of your privacy choices. If you have previously informed us, or the prior issuer of your credit card, of your privacy choices, you do not need to do so again.
   If you wish to exercise Opt-out 1 and/or Opt-out 2 as described below, please write to us at P.O. Box 8067, Mason, OH 45040 and include your name, address, telephone number and account number or call toll-free:

   Bloomingdale's	..............	1-888-922-7026
   Visa® Customers	..............	1-800-668-7196

   
   
   Disclosing to Nonaffiliated Third Parties (Opt-out 1) - As described in this notice, we will limit the personal information about you that we disclose to nonaffiliated third parties if you exercise
   Opt-out 1.
   
   Sharing with Citigroup Inc. and Macy's, Inc. Affiliates (Opt-out 2) - We may share with our affiliates all of the information we collect from you. However, if you exercise Opt-out 2, we will not share with our affiliates information we receive from you or third parties used as a factor in determining your creditworthiness (e.g., a credit report), except as permitted by law.
   
   Information for Vermont and California Customers
   In response to a Vermont regulation, we will automatically treat accounts with Vermont billing addresses as if you exercised Opt-out 1 and Opt-out 2 without requiring you to call or write to us. And if we disclose information about you to nonaffiliated third parties with whom we have joint marketing agreements, we will only disclose your name, address, other contact or identification information, and information about our transactions or experiences with you.
   
   In response to a California law, we will automatically treat accounts with California mailing addresses as if you exercised Opt-out 1 and will not disclose personal information about you to nonaffiliated third parties except as permitted by the applicable California law. We will also limit the sharing of information about you with our affiliates to comply with all California privacy laws that apply to us. To further restrict sharing with affiliates as described in this notice, you will need to exercise Opt-out 2 by calling or writing to us as described in paragraph E.
   
   Please allow approximately 30 days from our receipt of your privacy choices for them to become effective. If you have more than one credit card issued by DSNB, and would like your privacy choices to be applied to those accounts, you must exercise your privacy choices separately for each account. If you are also a customer of other Citigroup.Inc affiliates and you receive a notice of their intent to share information about you, you will need to separately notify them if you do not want them to share such information.

   Important Information about Credit Reporting

   We may report information about your account to credit bureaus. Late payments, missed payments or other defaults on your account may be reflected in your credit report.