Common use of Discretionary Service Clause in Contracts

Discretionary Service. Overdraft Protection is not a loan or a line of credit. Even if you have opted in to and are eligible for Overdraft Protection, we are not obligated to pay any Card purchase transaction presented for payment that exceeds the Available Balance of your Account. Payment of such transactions by us is a discretionary, non-contractual courtesy and not a right of yours or an obligation of ours. Any discretionary payment by us of any overdraft transaction does not obligate us to pay any other overdraft transaction. We, in our sole and absolute discretion, may cease paying overdraft transactions at any time without prior notice of reason or cause.

Appears in 4 contracts

Samples: Go2bank Deposit Account Agreement, Deposit Account Agreement, Walmart Moneycard Deposit Account Agreement

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Discretionary Service. Overdraft Protection is not a loan or a line of credit. Even if you have opted in to and are eligible for Overdraft Protection, we are not obligated to pay any Card purchase transaction presented for payment that exceeds the Available Balance of your Accountaccount. Payment of such transactions by us is a discretionary, non-contractual courtesy and not a right of yours or an obligation of ours. Any discretionary payment by us of any overdraft transaction does not obligate us to pay any other overdraft transaction. We, in our sole and absolute discretion, may cease paying overdraft transactions at any time without prior notice of reason or cause.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, And Mobile Banking Agreement

Discretionary Service. Overdraft Protection is not a loan or a line of credit. Even if you have opted in to and are eligible for Overdraft Protection, we are not obligated to pay any Card purchase transaction presented for payment that exceeds the Available Balance of your Account. Payment of such transactions by us is a discretionary, non-contractual courtesy and not a right of yours or an obligation of ours. Any discretionary payment by us of any overdraft transaction does not obligate us to pay any other overdraft transaction. We, in our sole and absolute discretion, may cease paying overdraft transactions at any time without prior notice of reason or cause.

Appears in 4 contracts

Samples: Cayisbank Deposit Account Agreement, Go2bank Deposit Account Agreement, Walmart Moneycard Deposit Account Agreement

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Discretionary Service. Overdraft Protection is not a loan or a line of credit. Even if you have opted in to and are eligible for Overdraft Protection, we are not obligated to pay any Card purchase transaction presented for payment that exceeds the Available Balance of your Accountaccount. Payment of such transactions by us is a discretionary, non-contractual courtesy and not a right of yours or an obligation of ours. Any discretionary payment by us of any overdraft transaction does not obligate us to pay any other overdraft transaction. We, in our sole and absolute discretion, may cease paying overdraft transactions at any time without prior notice of reason or cause.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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