Dear Customer, Thank you for choosing to open a charge account with us. We appreciate your trust in our company and are committed to providing you with a seamless and convenient shopping experience. Please take a moment to read and understand the terms and conditions associated with your new charge account. 1. Account Opening: By opening a charge account with us, you agree to abide by the following terms and conditions. This charge account is valid for use at our San Jose California location and offers you the ability to make purchases on credit. You understand that this is not a credit card and can only be used at our specific store. 2. Credit Limit: Your charge account will be assigned a specific credit limit determined by our company based on your creditworthiness. This credit limit represents the maximum amount of credit extended to you for purchases. It is important to note that exceeding this limit may result in declined transactions and additional fees. 3. Statement and Payment: A monthly statement will be generated for your charge account, detailing all transactions made during the billing cycle. The statement will include the date, description, and amount of each purchase. You are responsible for reviewing the statement promptly upon receipt and notifying our customer service if you identify any discrepancies. 4. Payment Terms: The payment term for your charge account is 30 days from the statement date. You are required to make the minimum payment due as indicated on the statement. Failure to make the minimum payment by the due date will result in late fees being applied to your account. 5. Interest and Fees: We do not charge interest on your charge account. However, late fees and returned payment fees will be assessed for missed or returned payments. These fees will be clearly outlined in the monthly statement. 6. Account Closure: If you wish to close your charge account, you need to provide written notice to our customer service department or visit our San Jose California store. Any outstanding balance must be paid in full before the account can be closed. 7. Changes to Terms and Conditions: We reserve the right to make changes to these terms and conditions at any time. In the event of any changes, we will notify you in writing or through other means including statement inserts or website updates. Please sign and return a copy of this letter to acknowledge that you have read, understood, and accepted the charge account terms and conditions. Should you have any questions or require further clarification, please do not hesitate to contact our customer service team. Thank you for choosing our store for your shopping needs. We look forward to serving you and providing you with excellent service in San Jose, California. Sincerely, [Your Name] [Your Title/Position] [Your Company Name]