Glossary – Marriott Bonvoy Debit Card

Glossary

The following defined terms are used in these Terms and Conditions. If You do not understand any of the glossary terms, please contact Us at help.marriottbonvoy@currensea.com and We will be happy to explain.

Glossary Terms


Agreement	The agreement between You and Currensea pursuant to these Terms and Conditions

Annual Fee	The card fee set by Currensea and paid by a Cardholder upon signing up for the Card and every year at the time of Your Card anniversary

ATM	Automatic Teller Machine – a cash machine

Authorised	Any transaction made using Your Card is deemed to be authorised spend

Bank Account	Your third-party issued bank account with a UK bank that Currensea supports (basic accounts are not supported) which is linked to Your Card

Card	A Marriott Bonvoy Debit Card or Marriott Bonvoy Premium Debit Card issued by Currensea and governed by these Terms and Conditions

Card Anniversary Year	Each twelve-month period between the date the Cardholder signed for their Card and subsequent annual renewal dates. A Cardholder’s Card Anniversary Year will reset upon upgrading from the Marriott Bonvoy Debit Card to the Marriott Bonvoy Premium Debit Card as further set out in these terms and conditions

Cardholder(s)	A customer who has a valid Subscription and a Card

CCJ	A County Court Judgment (CCJ) is a type of court order that can be issued in the UK if someone fails to repay money they owe. CCJs are recorded on a credit file and can affect the ability to get credit, loans, or other financial products.

Chargebacks	A Mastercard service that enables You to claim a refund where: Your goods do not arrive, are damaged, are not how they were described, or where the Merchant has ceased trading

Co-Brand card	A card issued by Currensea which allows cardholders to earn points with a co-brand partner

Corporate Benefit Card	A staff benefit card, which also helps charitable causes

Currensea	This is us!

Currensea Services	Different card services available on the Currensea Platform including: Currensea Direct Debit Travel Card, Charity Card, Co-Brand Card, Corporate Benefit Card and BuildMyCreditScore pilot (previously TotallyMoney) Debit Card

Currensea Direct Debit Travel Card	A card allowing You to make international and domestic purchases

CVC	CVC stands for card verification code. It’s the 3 digit number on the back of Your Card used as an extra security measure to verify Your card-not-present transactions

Direct Debit	Means the UK payment method where You give Us permission to collect agreed payments straight from Your Bank Account. The collection is carried out through the Bacs Direct Debit scheme

Domestic Spend	Means all Valid Spend made in pound sterling (£/GBP)

Earn Rate	This is the rate at which You can earn Marriott Bonvoy Points for every £1 of Valid spend

European Currencies	Means the currencies of the Eurozone countries (including relevant overseas territories), Albania, Bosnia, Bulgaria, Czechia, Denmark, Hungary, Iceland, Kosovo, Liechtenstein, Montenegro, North Macedonia, Norway, Poland, Romania, Serbia, Slovenia, Sweden, and Switzerland. Currensea reserves the right to add the currency of any other countries to this list, for instance if such country caps interchange fees on debit cards

European Spend	Means all Valid Spend in European Currencies

Elite Night Credit	Means the credits toward achieving Marriott Bonvoy Elite Status requirements (i.e., nights required for achieving or renewing Elite Status every year).

Elite Status or Marriott Bonvoy Elite Status	Means the elite membership status, with associated benefits for each status level, that may be obtained as part of the Marriott Bonvoy Program upon reaching certain milestones, including Silver Elite, Gold Elite, Platinum Elite, Titanium Elite and Ambassador Elite Status.

Email Address	The email address that You used to register for Your Card

Faster Payment	Means the electronic transfer service operated under the UK Faster Payments Scheme

Free Night Award	Means a Marriott Bonvoy Program benefit issued to Cardholders as follows: Each Free Night Award carries a specific Marriott Bonvoy Points value that can be applied to one (1) night in a standard guest room at a Participating Hotel for the requested stay date that is less than or equal to the value of the Free Night Award.

Marriott Bonvoy Debit Card	Your Marriott Bonvoy Debit Card the details of which are set out in these Terms and Conditions

Marriott Bonvoy Member	Means a valid, active member of the Marriott Bonvoy Program.

Marriott Bonvoy Member Account	Means the Marriott Bonvoy account of a Marriott Bonvoy Member.

Marriott Bonvoy Membership Number	Means the membership account number assigned to a Marriott Bonvoy Member.

Marriott Bonvoy Participating Hotel Valid Spend	Means any spend at participating Marriott hotels which is eligible for accelerated Earn Rates under this Agreement

Marriott Bonvoy Points	Means the loyalty currency that may be earned and redeemed by Marriott Bonvoy Members pursuant to the Marriott Bonvoy Program Rules and, where applicable, these Terms and Conditions

Marriott Bonvoy Program or Marriott Bonvoy	Means the loyalty program offered by Marriott International, Inc.

Marriott Bonvoy Program Rules	Means the terms and conditions issued by Marriott International, Inc. which govern participation in the Marriott Bonvoy Program. The Marriott Bonvoy Program Rules can be found at https://www.marriott.com/en-gb/loyalty/terms/default.mi.

Marriott Bonvoy Premium Debit Card	Your Marriott Bonvoy Premium Debit Card the details of which are set out in these Terms and Conditions

Mobile App	The Marriott Bonvoy debit card mobile app operated by Currensea and available on iOS and Android

Merchant	A company or retailer selling goods or services or other organisation taking card payments

Non-European Currencies	Means any currency other than pound sterling (£/GBP) or European Currencies

Non-European Spend	Means Valid Spend made in Non-European Currencies

Participating Marriott Bonvoy Properties	Means hotels, resorts, and other transient stay properties that are owned, managed, franchised or licensed by Marriott International, Inc. and participate in the Marriott Bonvoy Program as set forth in the Marriott Bonvoy Program Rules.

Payment Institution	This is a business that makes electronic payments on behalf of their customers, and it is the type of business that We are. Our payment processes are governed by the Payment Services Regulations 2017 (PSRs 2017) and the Electronic Money Regulations 2011 (EMRs), and We are regulated by the Financial Conduct Authority

Open Banking	This is a UK system that lets anyone securely share their bank account information with authorised companies (known as third-party providers). These services are regulated by the Financial Conduct Authority (FCA) and follow strict rules under the Payment Services Regulations 2017.

OTP	A one-time password (OTP) is an automatically message sent via text message or generated by an authenticator application which allows You to approve a single transaction or login session.

PIN	Your Personal Identification Number – required to use Your Card

Privacy Policy	Our privacy policy is available here

Qualifying Stay	Has the meaning given to it in the Marriott Bonvoy Program Rules.

Realtime Exchange Rate	The Currensea real-time foreign exchange rate made available to cardholders, which can be found here

Spend Abroad	Means Valid Spend in any currency other than pound sterling (£/GBP), which for the avoidance of doubt, consists of all European Spend and all Non-European Spend.

Subscription	Your Card and Mobile App subscription with Currensea

T&Cs or Terms and Conditions	These Terms and Conditions

Transactions	A card transaction You have made using the Card. See “Authorised Transactions”

Valid Spend	Means all spend at Merchants posted to a Card which is eligible for Marriott Bonvoy Points earning under the Fair Use Policy in these Terms and Conditions

Invalid Spend	Means all spend at Merchants posted to a Card which is not eligible for Marriott Bonvoy Points earning under the Fair Use Policy in these Terms and Conditions

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