CASH ADVANCE APRs Tier I: 5.00%, Tier II: 8.90%, Tier III: 11.90%, Tier IV: 15.90%, Tier V: 19.90%
LATE PAYER APR*: 23.90%.
ADJUSTED LATE PAYER APR*: 19.90%.

Your purchase, cash advance, late payer, and adjusted late payer APRs may vary. The rate is determined monthly by adding:
Tier I: the Prime Rate**+0.0%, but in no event less than 4%.
Tier II: the Prime Rate**+3.9%, but in no event less than 7.9%.
Tier III: the Prime Rate**+6.9%, but in no event less than 10.9%.
Tier IV: the Prime Rate**+10.9%, but in no event less than 14.9%.
Tier V: the Prime Rate**+14.9%, but in no event less than 18.9%.
Late Payer: the Prime Rate**+18.9%, but in no event less than 22.9%.
Adjusted Late Payer: the Prime Rate**+14.9%, but in no event less than 18.9%.

25 Days

Transaction Fee for Cash Advances: 3% of the cash advance or $5 (whichever is greater)

Late payment fee: $10 for Current Balance less than or equal to $200 and the Current Due is not paid within 10 days after the payment Due Date; $25 for Current Balance greater than $200 and the Current Due is not paid within 10 days after the payment Due Date; $35 if the Current Due is not paid by the payment Due Date for two consecutive billing cycles

Foreign Currency Conversion Fee: 1% of the converted transaction amount

Average Daily Balance
(including new purchases)

$0.50

The information about the costs of the credit cards described above was accurate as of the printing date, August 15, 2008, and is subject to change after that date. To find out what may have changed, please write to us at: Nordstrom Bank, P.O. Box 13589, Scottsdale, AZ 85267.

†APR depends on our review of your application.

* If you fail to make your Current Due shown on your monthly billing statement for two consecutive billing cycles, your APR will adjust to the Late Payer APR and thereafter, if certain conditions are met, may be lowered to the Adjusted Late Payer APR. See Part II, paragraph 4(f) entitled, "Late Payer FINANCE CHARGE Rate" in your Nordstrom Bank Cardholder Agreement/Security Agreement; Consumer Disclosures; Privacy Policy.

** The "Prime Rate" is equal to the highest "Prime Rate" as published in the "Money Rates" Section of The Wall Street Journal print edition published on the 15th day of each month or the next business day if the 15th is not a business day.

Finance Charges on cash advances are assessed from the date of the transaction.

WISCONSIN RESIDENTS: No provision of a marital property agreement, a unilateral statement under section 766.59, Wis. Stats., or a court decree under section 766.70, Wis. Stats., adversely affects the interest of the creditor unless the creditor, prior to the time credit is granted, is furnished a copy of the agreement, statement or decree or has actual knowledge of the adverse provision when the obligation to the creditor is incurred.

Nordstrom Bank is a trade name of Nordstrom fsb, a wholly owned subsidiary of Nordstrom, Inc.

FINANCE CHARGES.
a. Total Finance Charges. The FINANCE CHARGE on my Credit Card Account for a billing period is the total of (i) the periodic FINANCE CHARGE on purchases and the periodic FINANCE CHARGE on cash advances (or the minimum FINANCE CHARGE, if applicable) and (ii) the sum of all cash advance fee FINANCE CHARGES.

b. When Periodic Finance Charges Begin to Accrue For Purchases of Goods and Services.There will be no periodic FINANCE CHARGE on my purchases on the next monthly billing statement if I pay the entire Current Balance by the payment Due Date shown on my monthly billing statement (which will be at least 25 days after the date of my monthly billing statement). If I do not pay the entire amount of the Current Balance, or if I pay late, there will be a periodic FINANCE CHARGE on each purchase from the date the purchase is made. If I make an exchange of an item included in the Previous Month's Total Balance for another item, and the purchase price of the new item is less than that of the item exchanged, my account will be credited only for the difference in the purchase prices. If the purchase price of the item is more than that of the item exchanged, my account will be debited for the difference in the purchase prices, which may result in the imposition of a periodic FINANCE CHARGE.

c. When Finance Charges Begin to Accrue For Cash Advances. There is no "grace period" for cash advances on my Credit Card Account. The periodic FINANCE CHARGE on cash advances will be calculated from the date of the transaction. Applicable to qualified accounts only.

d. Computation of the Balances Subject to Finance Charge. Nordstrom Bank figures the periodic FINANCE CHARGE for purchases and cash advances by applying the Daily Periodic Rate of FINANCE CHARGE to the daily balance of my account. For purposes of calculating the Daily Balance Subject to FINANCE CHARGE, Nordstrom Bank maintains balances for purchases separately from balances for cash advances. To determine the daily balance for purchases and cash advances, Nordstrom Bank takes the beginning balance of my account for each day in the billing cycle, adds any new purchases, Other Charges (or cash advances and cash advance fees), and subtracts any applicable payments or credits. Nordstrom Bank then calculates my periodic FINANCE CHARGE for that day by multiplying the daily balance for purchases and cash advances by the Daily Periodic Rate. Each day's periodic FINANCE CHARGE is added to my daily balance for purchases and cash advances to get the beginning balance for the next day and will thereafter be part of the balance on which future FINANCE CHARGES are assessed. My total periodic FINANCE CHARGE for a given billing cycle is equal to the sum of that billing cycle's daily periodic FINANCE CHARGE. Nordstrom Bank will round this total to the nearest whole cent. If I paid in full the Current Balance shown on my previous month's billing statement by the specified payment Due Date, Nordstrom Bank will consider my daily balance for purchases to be zero for each day of the current month's billing cycle.

RETURNED PAYMENT FEE. If any payment on my Credit Card Account (such as a check, draft, or similar instrument, or any electronic fund transfer) is uncollectible or dishonored for any reason, Nordstrom Bank may charge me and I agree to pay a Returned Payment Fee of $25. Nordstrom Bank may assess this fee the first time any one of my payment(s) is not honored or paid, even if such payment is later paid following resubmission. Nordstrom Bank does not have to attempt to collect any payment more than once.

SECURITY AGREEMENT. I grant to Nordstrom Bank and Nordstrom Bank will retain a purchase money security interest under the Uniform Commercial Code in all goods purchased at all Nordstrom stores and all Nordstrom affiliated stores until these goods and any related Finance Charges are paid in full. The description of each item purchased in which Nordstrom Bank retains a security interest is set forth in the sales receipts I signed when the purchase was made and that information is hereby incorporated into this Agreement by reference. If I am in default under this Agreement, Nordstrom Bank may repossess, to the extent and in the manner permitted by applicable law, any article of merchandise in which it retains a security interest.

BILLING RIGHTS NOTICE - KEEP THIS NOTICE FOR FUTURE USE This notice contains important information about your rights and the responsibilities of Nordstrom Bank under the Fair Credit Billing Act.

Notify Us In Case Of Errors Or Questions About Your Bill. If you think a bill is wrong, or if you need more information about a transaction on your bill, write to us (on a separate sheet) at P.O. Box 13589, Scottsdale, AZ 85627. Write to us as soon as possible. We must hear from you no later than 60 days after we sent you the first bill on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights.

In your letter, please provide the following information:

(i)

Your name and Credit Card account number.

(ii)

The dollar amount of the suspected error.

(iii)

Describe the error and explain, to the extent you can, why you believe there is an error. If you need more information, describe the item you are not sure about.

If you have authorized us to pay your credit card bill automatically from your savings or checking account, you can stop the payment on any amount you think is wrong. To stop the payment your letter must reach us three business days before the automatic payment is scheduled to occur.

Your Rights and Our Responsibilities After We Receive Your Written Notice. We must acknowledge your letter within 30 days, unless the error has been corrected by then. Within 90 days, we must either correct the error or explain why we believe the bill was correct.

After we receive your letter, we cannot try to collect any amount you question, or report you as delinquent. We can continue to bill you for the amount you question, including finance charges, and we can apply any unpaid amount against your credit limit. You do not have to pay any questioned amount while we are investigating, but you are still obligated to pay the parts of your bill that are not in question.

If Nordstrom Bank finds that a mistake has been made on your bill, you will not have to pay any finance charges related to any questioned amount. If Nordstrom Bank did not make a mistake, you may have to pay finance charges, and you will have to make up any missed payments on the questioned amount. In either case, Nordstrom Bank will send you a statement of the amount you owe and the date that it is due.

If you fail to pay the amount that we think you owe, we may report you as delinquent. However, if our explanation does not satisfy you and you write to us within ten days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your bill. And, we must tell you the name of anyone we reported you to. We must tell anyone we report you to that the matter has been settled between us when it finally is settled.

If we do not follow these rules, we cannot collect the first $50 of the questioned amount, even if your bill was correct.

Special Rule For Credit Card Purchases. If you have a problem with the quality of goods or services that you purchased with your credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the property or services. For Visa Credit Card Accounts, there are two limitations on this right:

A. You must have made the purchase in your home state, or, if not within your home state, within 100 miles of your current mailing address; and

B. The purchase price must have been more than $50.

These limitations do not apply if we own or operate the merchant, or if we mailed you the advertisement for the goods or services.

Notice: We may report information to credit bureaus about this account with respect to all approved applicants. Late payments, missed payments, or other defaults on this account may be reflected in your credit report.

APPLICANT(S)/BUYER(S)'S AGREEMENTS; CONSUMER CREDIT REPORTING AND INVESTIGATION.
Cards are issued and credit is extended by Nordstrom Bank, located in Scottsdale, AZ ("we," "us," or "our"). You hereby request a credit card and consent to our investigation of your credit, employment and income records and verification of your credit references. You authorize us to conduct such investigations and verifications as we deem appropriate in evaluating this application. You understand and agree that we may request a consumer report from a consumer reporting agency in connection with this application, and subsequently in connection with any extension of credit, or request to increase your credit limit, or any update, renewal, review, or collection of your account. You further authorize us, in our sole discretion, to furnish information concerning your account to consumer reporting agencies and others who may properly receive such information. You understand that you may submit this application to Nordstrom Bank electronically by clicking "Submit Application" and you acknowledge that regardless of whether you use a web browser with security features, Nordstrom Bank is unable to ensure that the data will not be intercepted by third parties. You agree that Nordstrom Bank will not be held liable should such interception occur.

IMPORTANT NOTICE ABOUT MY APPLICATION: I acknowledge that I am applying for a Nordstrom credit card. If I have selected a Nordstrom Visa Signature and I do not qualify for a Nordstrom Visa Signature card, I request Nordstrom Bank consider my application a request for a Nordstrom Platinum Visa credit card. If I do not qualify or a Nordstrom Platinum visa credit card, I request Nordstrom Bank consider my application a request for a Nordstrom Retail credit card.

Nordstrom Bank Privacy Policy

As a member of the Nordstrom family of companies, Nordstrom Bank ("we," "our" or "us") understands that your trust in us is our most important asset. In order to preserve that trust, we want you to understand our information practices and your rights to ask us not to share certain information about you. This policy applies with respect to all financial products and services we offer for consumer purposes.

I. Information We Collect.
We collect nonpublic personal information to administer your financial products and services with us, to help us, members of the Nordstrom family of companies (our "affiliates") and others ("third parties") offer you Nordstrom products and services, and for other purposes.

"Nonpublic personal information" is nonpublic information about you that is personally identifiable and that we obtain in connection with providing a financial product or service to you. For example, nonpublic personal information includes information regarding your account balance and payment history.

We may collect nonpublic personal information from the following sources:

• Information we receive from you on applications or other forms, through our communications with you, or through our affiliates;

• Information about your transactions with us, our affiliates, or others;

• Information we receive from consumer reporting agencies or other third parties, such as demographic firms in marketing programs; and

• If you visit or contact us via the internet, we may collect information about you through "cookies" (bits of electronic information that a website can transfer to your computer's hard drive in order to facilitate online transactions).

II. Information We May Share With Our Affiliates.
We may share with our affiliates all of the information that we collect to conduct our business, to provide our customers with the best possible products and services, and for other purposes. The affiliates with which we may share information include:

• Retail Affiliates - non-financial affiliates and their divisions, such as Nordstrom stores, Nordstrom Rack stores and Nordstrom Direct (our internet and catalog affiliate).

• Service Affiliates - non-financial affiliates that provide services to us or on our behalf, such as marketing, customer service or data processing.

III. Information We May Share With Third Parties.
Nordstrom Bank does not share your nonpublic personal information with third parties for the purpose of marketing their products or services to you. Directly or through our affiliates, we may share nonpublic personal information with third parties as follows:

A. Service Providers - We may share all nonpublic personal information that we collect with third parties that provide services to us or on our behalf, including marketing and other services. Service providers are contractually required to keep your nonpublic personal information secure and confidential.

B. As Permitted by Law - We may share all nonpublic personal information that we collect with third parties as permitted by law. For example, this includes information provided to credit reporting agencies or in response to a subpoena.

IV. Opting Out of Information Sharing.
You can request that we not share certain information about you ("opt out") as follows:

Affiliate Sharing Opt Out: If you prefer that we not share certain information with our affiliates, you can opt out of this information sharing by calling us toll-free at 1.866.759.0151 and selecting "Opt Out of Affiliate Sharing" (Option1), or you may write to us at Nordstrom Bank Customer Service, Colorado Service Center, P.O. Box 6555, Englewood, CO 80155, and state that you opt out of affiliate sharing.

An opt out with respect to affiliate sharing will apply only to information collected for use by us or others in determining your eligibility for credit or other business transactions. For example, an opt out will apply to information obtained from your credit application about your financial condition and to consumer report information obtained from a credit bureau. An opt out of affiliate sharing will not apply to information about transactions or experiences between you and our affiliates or us, to information provided to affiliates that provide services to us or on our behalf, or to other information disclosed as permitted by law. For example, an opt out will not apply to information about account usage or payment history with us.

We will process your opt out request as soon as reasonably practicable after we receive it. Please provide us with each credit card account number or Nordstrom Mod card number or Nordstrom Bank deposit account number to which you would like us to apply your opt out decision. We will apply your opt out choice only to the credit card account or Nordstrom MOD card or Nordstrom Bank deposit account(s) you specify when you opt out.

Although you may receive multiple privacy notices over time, if you make an opt out choice with respect to a credit card account, or Nordstrom MOD card or a Nordstrom Bank deposit account, you only need to make it once for that credit card account, Nordstrom MOD card or Nordstrom Bank deposit account. Your opt out request will remain effective until you revoke it in writing as long as you continue to have a relationship with us. If your present relationship with us terminates (that is, if you become a former customer), your request will continue to apply to information we have collected while you were our customer, until you revoke it in writing.

If one person on a joint account requests that we not share information, the request will apply to all users on the account.

V. Confidentiality and Security.
We restrict our employees' access to nonpublic personal information about you to those individuals who need to know that information to conduct our business. In addition, we maintain physical, electronic, and procedural safeguards that comply with federal standards to protect the confidentiality and security of nonpublic personal information.

VI. Additional Information.
This policy replaces all previous disclosures we may have provided you about our information practices. We reserve the right to change this policy, and to apply any changes to information previously collected, as permitted by law. We will inform you of any changes as required by law.

If you cease to be our customer (for example, if your credit card account, Nordstrom MOD card, or Nordstrom Bank deposit account is closed or becomes inactive), our information practices in this policy, as amended from time to time, will continue to apply to the extent that we retain information about you that we collected while you were our customer. Except as expressly noted, this policy relates only to nonpublic personal information and does not affect our information practices with respect to other information. The examples contained in this Privacy Policy are illustrations only, and are not intended to be exhaustive.

VERMONT RESIDENTS ONLY: Opting Out of Information Sharing (section IV) does not apply to you. Nordstrom Bank will provide you, via US mail, the information sharing options available to you annually and/or when you establish a customer relationship with Nordstrom Bank.

©2008 Nordstrom Bank. All rights reserved.
Nordstrom Bank is a trade name of Nordstrom fsb, a wholly owned subsidiary of Nordstrom, Inc.