Detected in the CFPB-filed cardholder agreements from Bangor Savings Bank. Verbatim quotes below — CardSleuth flags the language; this isn't legal advice.
Forced arbitration
You give up your right to sue in court — disputes are pushed into private arbitration.
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“…es agreement to Unless prohibited by applicable law, and Agreement about? arbitrate Disputes. unless you opt out, you and we agree that you or we may elect to arbitrate or require arbitration of any Dispute as defined below. Who does the Arbitration You, us, and certain This Arbitration Agreement governs you and Agr…”
You can't band together with other cardholders in a class action.
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“…E READ THIS CARD AGREEMENT CAREFULLY. THIS CARD AGREEMENT IS SUBJECT TO MANDATORY ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT, AND INCLUDES A WAIVER OF CLASS ACTION AND JURY TRIAL PROVISION, UNLESS YOU ARE A COVERED BORROWER PROTECTED BY THE MILITARY LENDING ACT OR UNLESS YOU PROMPTLY OPT OUT OF THE ARBITR…”
You waive your right to have a dispute heard by a jury.
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“…E READ THIS CARD AGREEMENT CAREFULLY. THIS CARD AGREEMENT IS SUBJECT TO MANDATORY ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT, AND INCLUDES A WAIVER OF CLASS ACTION AND JURY TRIAL PROVISION, UNLESS YOU ARE A COVERED BORROWER PROTECTED BY THE MILITARY LENDING ACT OR UNLESS YOU PROMPTLY OPT OUT OF THE ARBITRATION AGREEMENT.…”
The issuer reserves the right to change your rates, fees and terms at any time.
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“…zed User s Card, close or suspend your existing Account, and/or require you to change other access credentials. 13. Changes to This Card Agreement We reserve the right to amend this Card Agreement or the Account at any time, in our sole discretion. We will notify you of the change if required by applicable law. If you have the right to reject a change to this Card Agreem…”
The contract lets you reject arbitration (usually within a short deadline) and keep your right to sue.
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“…DES A WAIVER OF CLASS ACTION AND JURY TRIAL PROVISION, UNLESS YOU ARE A COVERED BORROWER PROTECTED BY THE MILITARY LENDING ACT OR UNLESS YOU PROMPTLY OPT OUT OF THE ARBITRATION AGREEMENT. THE AGREEMENT TO ARBITRATE REQUIRES THAT YOU SUBMIT CLAIMS YOU HAVE AGAINST US TO BINDING AND FINAL ARBITRATION, AND FURTHER (1) YOU WI…”
The intro rate was not broken out by credit tier — the issuer reported a single range.
Lowest offered0%
Median0%
Highest offered0%
Balance transfer APR
Promotional window: 6 months · grace period retained on purchases
The transfer rate was not broken out by credit tier — the issuer reported a single range.
Lowest offered0%
Median0%
Highest offered0%
Cash advance APR
No score
29%
≤619
29%
620–719
27%
720+
23%
Lowest offered21%
Median—
Highest offered29%
Every fee on this card
Annual feeNone
Balance transfer fee3% (min $5)
Cash advance fee5% (min $10)
Foreign transaction feeNone
Purchase transaction feeNone
Late fee$29
Repeat late fee (6 mo)$40
Over-limit feeNone
Minimum finance charge$1.50
Balance computationAverage daily balance including new purchases
Additional fees
Returned Payment Fee$29
Rewards, benefits and features
Rewards
Cashback rewards
Services
Automobile rental insurance
Credit card registration
Extension on manufacturer’s warranty
Features
Contactless Payments
Chip card
Fee-free foreign transactions
Mobile wallet provisioning (for example, Apple Pay)
Other
Who can get this card
AvailabilityRegional
StatesCT, FL, MA, ME, NC, NH, RI, SC, VT
Membership requirementsOpen to the public
Phone877-226-4671
Balance transfer calculator
Stay put — 6 mo at 24%$300
Transfer fee (3%)$150
Promo interest at 0.00%$0
You save$150
Assumes you pay the balance down evenly across the 6-month promotional window, so the average outstanding balance is about half the transfer. Rates revert to 19.00% afterwards.
Cost to carry a balance
Interest for a year at 19.00%$570
Annual / periodic fees$0
Total yearly cost$570
Simple interest on a constant balance — a plain-language upper bound rather than an amortisation schedule. Paying in full each month within the 25-day grace period avoids the interest entirely.
Cardholder agreements
6 documents filed by Bangor Savings Bank in the 2026 Q1 archive.