Common use of Card Restrictions Clause in Contracts

Card Restrictions. Your Card, your Card balance or any other record relating to the Card: • is not a deposit • does not earn interest • does not establish a separate deposit account or any other account held by ATB Financial Your Card is not a credit card or a charge card and won’t impact your credit rating. Your Card (or Card number) CANNOT be used: • For a “cashback” transaction where a merchant charges you an amount greater than the price of the goods or services purchased • For any fraudulent, illegal or unlawful purposes, including the purchase of goods or services prohibited by applicable local law in some countries • After the Card’s valid thru date • Under a false name or if you pretend to be someone else • To go over your Card balance for any transaction or cash withdrawal. • To obtain cash from any financial institution that processes cash advances on Mastercard prepaid cards • To draw on available Card balance by cheque

Appears in 1 contract

Sources: Cardholder Agreement

Card Restrictions. Your Card, your Card balance or any other record relating to the Card: is not a deposit does not earn interest does not establish a separate deposit account or any other account held by ATB Financial Your Card is not a credit card or a charge card and won’t impact your credit rating. Your Card (or Card number) CANNOT be used: For a “cashback” transaction where a merchant charges you an amount greater than the price of the goods or services purchased For any fraudulent, illegal or unlawful purposes, including the purchase of goods or services prohibited by applicable local law in some countries After the Card’s valid thru date Under a false name or if you pretend to be someone else To go over your Card balance for any transaction or cash withdrawal. To obtain cash from any financial institution that processes cash advances on Mastercard prepaid cards To draw on available Card balance by cheque

Appears in 1 contract

Sources: Cardholder Agreement