Common use of Cardholders Clause in Contracts

Cardholders. Cards are non-transferrable. We may in our sole discretion issue a Card to each Account owner and any other person to whom you have authorized us to issue a Card for use with your Account (each such person, a “Cardholder”). You understand that Cardholders will have full access to the funds in your Account and your Account information and you are responsible if any Cardholder fails to comply with the terms of this Agreement. Each Cardholder is the only authorized user of his or her Card and PIN. You are responsible for retrieving the Card if you revoke a Cardholder’s authority to use a Card. Except as your liability is otherwise limited in this Agreement, you will remain responsible for all Card transactions.

Appears in 7 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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