Common use of Different Types of Transactions Clause in Contracts

Different Types of Transactions. You may use the Visa Account for: • Purchases • Cash Advances • Balance Transfers • writing Visa Cheques • any other purpose we permit Each time you use the Visa Account (through your Visa Card or a Visa Cheque), we call this a “Transaction”. We set out specific information about some of the different types of Transactions below. When you use the Visa Account for any type of Transaction and it has been approved by Visa, the available credit on your Visa Account will decrease by the amount of the Transaction, whether or not you have received the goods or services you purchased, or the cash advanced. We reserve the right to prevent your Visa Card or the Visa Account from being used for certain types of Transactions as determined by us, including Transactions connected to Internet gambling.

Appears in 4 contracts

Samples: Vancity Community, Vancity Community, Vancity Credit Card Agreement

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