Common use of Credit Availability Clause in Contracts

Credit Availability. 1. Your Credit Limit(s). We have discretion to determine your credit limit(s) on your Account. We assign an initial credit limit upon approval of your application and issuance of your Card, which is disclosed to you in the materials we send with your Card. On each monthly statement, the total credit limit on your Account is shown as the “Credit Limit” and the total credit available is shown as “Available Credit”. Only a portion of the credit limit is available for Cash Advances (the “Cash Advance Limit”). The amount of credit available for Cash Advances is disclosed on each monthly statement as “Available Cash”. At our discretion, at any time, we may change any credit limit that applies to your Account, as permitted by law. We will notify you if we change any credit limit. You may ask us to change any of your credit limits by contacting us by telephone at the customer service number located on the front of your monthly statement or writing to us at the address for Billing Inquiries and Correspondence located on the front of your monthly statement. We do not have to agree to any such request.

Credit Availability. 1. Your Credit Limit(s). We have discretion to determine your credit limit(s) on your Account. We assign an initial credit limit upon approval of your application and issuance of your Card, which is disclosed to you in the materials we send with your Card. On each monthly statement, the total credit limit on your Account is shown as the “Credit Limit” and the total credit available is shown as “Available Credit”. Only a portion of the credit limit Credit Limit is available for Cash Advances (the “Cash Advance Limit”). The amount of credit available for Cash Advances is disclosed on each monthly statement as “Available Cash”. At our discretion, at any time, we may change any credit limit that applies to your Account, as permitted by law. We will notify you if we change any credit limit. You may ask us to change any of your credit limits by contacting us by telephone at the customer service number located on the front of your monthly statement or writing to us at the address for Billing Inquiries and Correspondence located on the front of your monthly statement. We do not have to agree to any such request.