Authorization

Valid only for Puerto Rico residents.

Please read through the following information to be sure that you understand and accept all provisions and regulations related to your new Banco Popular deposit account. If you agree with the information presented, click on "I ACCEPT" below the information window.

Ahorro A Toda Hora® -Pays tiered interest Average Daily Balance Greater than Less than: Interest Rate: APY: or equal to: $ 0.01 $ 500 0.50% 0.50% 500 1,000 0.65 0.65 1,000 10,000 0.75 0.75 10,000 25,000 0.85 0.85 25,000 100,000 1.00 1.00 100,000 or more 1.15 1.16 - The disclosed APY (Annual Percentage Yield) is based on the average daily balance of $499.99 in the first category and on the minimum balance in the other categories. - If the minimum balance any day of the cycle is less than $250 the service charge will be: $3. - Each branch withdrawal in excess of four in the cycle: $0.50. - Accounts without transactions in a 36 month period: $5 per month - Each ATH or POS transaction paid against: Insufficient Funds $10 ; Unavailable Funds: $10 - Daily maintenance charge for overdraft over two days: $4 @TH:POP - Pays tiered interest Average Daily Balance: Greater than Less than: Interest Rate: APY: or equal to: $ 0.01 $ 500 0.50% 0.50% 500 1,000 0.65 0.65 1,000 10,000 0.75 0.75 10,000 25,000 0.85 0.85 25,000 100,000 1.00 1.00 100,000 or more 1.15 1.16 - The disclosed APY (Annual Percentage Yield) is based on the average daily balance of $499.99 in the first category and on the minimum balance in the other categories. - If the minimum balance any day of the cycle is less than $50 the service charge will be: $1. - Each branch withdrawal in excess of two in the cycle: $0.50. - Accounts without transactions in a 36 month period: $5 per month Club del Ahorro - Pays an interest rate of 0.50% with an APY (Annual Percentage Yield) of 0.50%, if the average daily balance is equal or greater than $5. - The disclosed APY is based on an average daily balance of $100. - Each branch withdrawal in excess of three in the cycle: $0.15. - Account closing in the following 30 days after opening : $1. - Accounts without transactions in a 36 month period: $5 per month Acceso Popular - Pays an interest rate of 0.50% with an APY (Annual Percentage Yield) of 0.50%, based on an average daily balance of $100. - $1.50 Monthly service charge if any Direct Deposit is received during the cycle. - $2.50 Monthly service charge if no Direct Deposit is received during the cycle. - Each branch withdrawal in excess of two of from transaction section: $1.00. - Each branch withdrawal in excess of one from the saving section: $5.00. - Finance charge for overdrafts: 18.50% APR - Daily maintenance charge for overdraft in excess of two days: $4.00 - Each ATH or POS transaction paid against: Insufficient Funds $10 ; Unavailable Funds: $10 - Monthly charge if the customer does not make transactions in a 12-month period: $5 Cuenta Popular®* - If the minimum balance any day of the cycle is equal or greater than $250 the service charge will be: $3.00; if its less: $5.00. - Each additional check in excess of 10 in the cycle: $0.50. e-account - Service charge if during the cycle not show a sign-on in Internet Banking or a Direct Deposit is not received or at least one electronic payments are made to merchants through VRU or Internet Banking: $5.95 - By accepting the e-account , you agree to receive all disclosures, account statements, and other communications at the e-mail address you have provided us. To be able to access your online account, you must sign up for Internet Banking and have a valid e-mail address. - You must notify the Bank of any subsequent change in your e-mail address by calling TeleBanco Popular® at (787) 724-3659 or 1-888-724-3659, or by e-mailing us at: internet@bppr.com. - Should you at any time no longer wish to received account related information via e-mail or wish to change your account to one that provides printed account statements, please visit any of our branches. Call TeleBanco Popular at (787) 724-3659 or 1-888-724-3659. - To request a printed copy of your account statement you may call Customer Service at (787) 724-3659 or in www.popular.com. MultiCuenta Popular®* - Pays tiered interest in the savings section: Average Daily Balance: Greater than Less than: Interest Rate: APY: or equal to: $ 0.01 $ 500 0.65% 0.65% 500 1,000 0.75 0.75 1,000 10,000 0.85 0.85 10,000 25,000 0.95 0.95 25,000 100,000 1.00 1.00 100,000 or more 1.15 1.16 - The disclosed APY (Annual percentage Yield) is based on the average daily balance of $499.99 in the first category and the minimum balances in the other categories. - If the minimum balance any day of the cycle is less than $500 in the checking section and in the savings section if less than $1,000: $8. The charge does NOT apply in any of the sections if the minimum required balance is maintained during each day of the cycle or a combined balance of $10,000 or more in IRA Accounts and Certificates of Deposits at the end of the monthly cycle. Only the combined balances of the primary account holder will be considered. For Stock Market IRA accounts, the deposited amount and not the estimated value of the same, will be considered. - Each check in excess of 20 in the cycle: $0.50. - Reserve Line of Credit guaranteed with your savings: 5% above the savings interest rate. Popular Plus®* - In the checking section it pays an interest rate of 0.50% with an APY of 0.50% based on an average daily balance of $2,500. - Pays tiered interest in the Money Market Savings section: Average Daily Balance: Equal to or Less than: Interest Rate: APY: greater than: $ 0.01 $ 500 0.65% 0.65% 500 10,000 0.75 0.75 10,000 25,000 0.95 0.95 25,000 50,000 1.15 1.16 50,000 100,000 1.20 1.21 100,000 or more 1.45 1.46 - The disclosed APY (Annual Percentage Yield) is based on the average daily balance of $499.99 in the first category and the minimum balance in the other categories. - If the sum of the average daily balance of the checking and Money Market Savings sections is less than $2,500; the service charge will be: $12. This service charge will not apply if you maintain the minimum required balance or combined balance of $25,000 or more in IRA’s Accounts and Certificates of Deposits at the end of the monthly cycle. Only the combined balances of the primary account holder will be considered. For Stock Market IRA accounts, the deposited amount and not the estimated value of the same, will be considered. - Reserve Line of Credit guaranteed with your savings: 5% above the savings interest rate. Additional information applicable to all accounts that earn interest: - The interest rate is determined by the Bank. The interest rate and the APY (Annual Percentage Yield) may change at any time. - The interest are computed and credited on a monthly basis, except for Club del Ahorro in which are credited on a quarterly basis. Interest will be paid on the deposited funds as long as the account is opened in the last day of the covered cycle by the Account Statement or the period where interests are paid. - The method to use to compute the interest is the Average Daily Balance. This method applies a periodic rate to the average daily balance of the period of interest payment. The average daily balance is determined adding the principal balance of the account for each day of the cycle and dividing the total between the number of days in the cycle. - When deposits are made (for example checks), interests start to accumulate from the first workday when the deposits is made. Other applicable charges to all deposit accounts: - Each electronic transaction paid or returned against: Insufficient Funds $15 ; Unavailable Funds $15.(Applies to Pay-by-Phone and ACH transactions). - Account statement copy: $5 per page Other applicable charges to all accounts with ATH® Card: - Cash withdrawals from ATMs outside the ATH Network in PR: $1.50. - All ATH® card replacements or additional cards: $3. (This fee will not apply to automatic renewal). - Each ATH card transaction made outside USA, Puerto Rico, USVI or a BPPR ATM in BVI: 2% of the total transaction amount. *Other applicable charges to all checking accounts: - The cost of check orders will depend on the selected design. - Shipment of checks to the branch: $3. - Each check paid or returned against: Insufficient Funds $15 ; Unavailable Funds $15 - Stop payment order: $10. - Stop payment renewal: $10 - Simultaneous stop payment and renewal order: $15 - Finance charges for overdrafts: 18.50% APR - Each ATH or POS transaction paid against: Insufficient Funds $10 ; Unavailable Funds $10 - Daily maintenance charge for overdraft over two days: $4 - Monthly charge if the customer does not make transactions in a 12-month period: $5 - Copy of a posted check: $5 per check The terms and condition are correct as of February 4, 2009. This information may have changed after that date. To verify if there have been any changes in this information you may call 787-724-3659(Puerto Rico) or 1-888-724-3659 (United States/Virgin Islands). Telephone available for hearing impaired (TDD): 787-753-9677 (Metropolitan Area) or 1-800-981-9666 (outside Metropolitan Area). IMPORTANT NOTICE USA PATRIOT Act Section 326 of the USA PATRIOT Act will be effective on October 1rst, 2003. This law requires financial institutions to obtain, verify, and record the information that identifies persons opening accounts. The USA government created this law as a measure to fight terrorism and money laundering. When you open an account: we will ask your name, home or street address, date of birth, social security number, and any other information deemed necessary to allow us to positively identify you. we will ask to see your valid driver's license or other valid identification with photo issued by the government. Thanks for allowing us to serve you.Confidentiality of the information gathered by Popular, Inc. will be maintained as required under the Privacy Act.