Detected in the CFPB-filed cardholder agreements from Goldman Sachs Bank USA. 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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“…ACTIONS UNLESS YOU (1) ARE SUBJECT TO THE PROTECTIONS OF THE MILITARY LENDING ACT OR (2) EXERCISE YOUR RIGHT TO REJECT ARBITRATION AS PROVIDED IN THE ARBITRATION PROVISION, WHICH IS SET FORTH AT THE END OF THIS AGREEMENT. Important Definitions This section defines some important terms used in this Agreement. Account mea…”
You can't band together with other cardholders in a class action.
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“…his arbitration provision may not be joined or consolidated in arbitration with any Claim of any other person or be arbitrated on a class basis, in a representative capacity on behalf of the general public, or on behalf of any other person, unless otherwise agreed to by the parties in writing. Claims by or against corpora…”
The issuer reserves the right to change your rates, fees and terms at any time.
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“…we may not receive your message and may not be able to respond in a timely manner, or at all. CHANGES TO THIS AGREEMENT Subject to applicable law, we may change any term of this Agreement, or add new provisions, at any time in our sole discretion. If we are required by law to provide you with notice of any changes to this Agreement, we may do so in accordance with the "E…”
The contract lets you reject arbitration (usually within a short deadline) and keep your right to sue.
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“…IRES CLAIMS TO BE ARBITRATED AND FORBIDS CLASS ACTIONS UNLESS YOU (1) ARE SUBJECT TO THE PROTECTIONS OF THE MILITARY LENDING ACT OR (2) EXERCISE YOUR RIGHT TO REJECT ARBITRATION AS PROVIDED IN THE ARBITRATION PROVISION, WHICH IS SET FORTH AT THE END OF THIS AGREEMENT. Important Definitions This section defines some importa…”
Balance computationAverage daily balance including new purchases
Rewards, benefits and features
Rewards
Cashback rewards
Services
None reported
Features
Contactless Payments
Chip card
Fee-free foreign transactions
Mobile wallet provisioning (for example, Apple Pay)
Other
Who can get this card
AvailabilityNational
Membership requirementsOpen to the public
Phone877-255-5923
Balance transfer
This card does not offer a balance transfer rate.
Cost to carry a balance
Interest for a year at 23.24%$697.20
Annual / periodic fees$0
Total yearly cost$697.20
Simple interest on a constant balance — a plain-language upper bound rather than an amortisation schedule. Paying in full each month within the 30-day grace period avoids the interest entirely.
Cardholder agreements
1 document filed by Goldman Sachs Bank USA in the 2026 Q1 archive.