Common use of Authorizing Transactions Clause in Contracts

Authorizing Transactions. We reserve the right to decline to authorize a transaction for any reason, including but not limited to an account default, suspected fraudulent, illegal or unlawful activity or any indication of increased risk related to a transaction. We do not guarantee approval of any transaction. We are not responsible for any losses resulting from our decision to decline a transaction even if you have available credit on your Account. We reserve the right to limit the number of transactions that may be approved in one day. We may close or suspend your Account if we suspect fraud or illegal activity or for our own business reasons, and we will notify you as soon as possible if we do so. We may refuse to authorize any transaction when your credit card has been reported lost or stolen or when we reasonably believe there may be fraudulent, suspicious, or illegal activity involving the credit card or your Account. If you freeze your credit card, we will stop authorizing card transactions. When we issue you a credit card, it is not activated and cannot be used to make purchases until you activate it. Temporary authorizations for amounts greater than the actual purchase price may occur with some merchants (e.g., hotels, car rental companies, gas stations, and restaurants). These types of authorizations will result in less credit available to you on your Account for several days until the date the actual purchase amount is received from the merchant. You must inspect each Statement you receive and must immediately contact us about any errors or questions you have, as described in the “Billing Rights Summary” on your Statement and in this Agreement. If you do not notify us of an error, we will assume that all information on the Statement is correct. If we credit your Account for all or part of a disputed transaction, you give us all of your rights against others regarding that transaction and will also: (1) give us any information about the disputed transaction, if we ask; (2) not pursue any claim or reimbursement of the transaction amount from the merchant or any other person; and (3) help us get reimbursement from others.

Authorizing Transactions. We reserve the right to decline to authorize a transaction for any reason, including but not limited to an account default, suspected fraudulent, illegal or unlawful activity or any indication of increased risk related to a transaction. We do not guarantee approval of any transaction. We are not responsible for any losses resulting from our decision to decline a transaction even if you have available credit on your Account. We reserve the right to limit the number of transactions that may be approved in one day. We may close or suspend your Account if we suspect fraud or illegal activity or for our own business reasons, and we will notify you as soon as possible if we do so. We may refuse to authorize any transaction when your credit card has been reported lost or stolen or when we reasonably believe there may be fraudulent, suspicious, or illegal activity involving the credit card or your Account. If you freeze your credit card, we will stop authorizing card transactions. When we issue you a credit card, it is not activated and cannot be used to make purchases until you activate it. Temporary authorizations for amounts greater than the actual purchase price may occur with some merchants (e.g., hotels, car rental companies, gas stations, and restaurants). These types of authorizations will result in less credit available to you on your Account for several days until the date the actual purchase amount is received from the merchant. You must inspect each Statement you receive and must immediately contact us about any errors or questions you have, as described in the “Billing Rights Summary” on your Statement and in this Agreement. If you do not notify us of an error, we will assume that all information on the Statement is correct. If we credit your Account for all or part of a disputed transaction, you give us all of your rights against others regarding that transaction and will also: (1) give us any information about the disputed transaction, if we ask; (2) not pursue any claim or reimbursement of the transaction amount from the merchant or any other person; and (3) help us get reimbursement from others.