Prepaid Card Clause Samples

The Prepaid Card clause defines the terms and conditions governing the use of prepaid cards issued under an agreement. It typically outlines how funds are loaded onto the card, the permitted uses of the card, and any restrictions or fees associated with its use. For example, it may specify that the card can only be used for certain types of purchases or that it cannot be reloaded once the initial balance is spent. The core function of this clause is to set clear expectations for both the issuer and the cardholder, thereby reducing misunderstandings and ensuring proper use of the prepaid card.
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Prepaid Card. The Card is a prepaid card. The Card allows you to access funds loaded or deposited to your Card Account by you or on your behalf. Your Card Account does not constitute a checking or savings account and is not connected in any way to any other account you may have. The Card is not a gift card, nor is it intended to be used for gifting purposes. The Card is not a credit card and may not provide the same rights to you as those available in credit card transactions. You will not receive any interest on the funds in your Card Account. Subject to applicable law, your Card Account will be insured by the Federal Deposit Insurance Corporation once your Card has been registered with us. Your funds will never expire, regardless of the expiration date on the front of your Card. The Card will remain the property of the Bank, must be surrendered upon demand and is nontransferable.
Prepaid Card. The Card is a prepaid card. The Card is not a credit card and will not enhance your credit rating. You will not receive any interest on your Card value. The Card will remain the property of the Issuer and must be surrendered upon demand, it is non‑transferable and it may be cancelled, repossessed, or revoked at any time without prior notice, subject to applicable law. The Card is not designed for business use, and we may close your Card if we determine that it is being used for business purposes. We may refuse to process any transaction that we believe may violate the terms of this Agreement.
Prepaid Card. Client may elect for certain authorised individuals to receive a Prepaid Card (“Prepaid Card End User”).
Prepaid Card. The Physical Card is a prepaid card and the Virtual Card is a prepaid virtual card, which has all the features of a prepaid card, but a plastic card is not issued for access. The Physical Card or Virtual Card is provided to you as part of a customer incentive program sponsored by the Sponsor and is loaded by the Sponsor with a specific amount of funds. This Card is not a credit card or charge card that allows you to make purchases and pay later and using the Card will not affect your credit history. The Card is not connected in any way to any other account. You will not receive any interest on the funds on your Card. The Card will remain the property of the Bank and must be surrendered upon demand. The Card is nontransferable and may be canceled or revoked at any time without prior notice except as required by law.
Prepaid Card. MPC and PANTRY will develop a [***] Marathon prepaid cards (“[***]”). MPC will coordinate with PANTRY [***] Marathon prepaid cards [***]. To the _________________ [***] Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. extent PANTRY orders [***] prepaid cards [***], the cost of production [***] shall be borne by PANTRY.
Prepaid Card. The Board of Directors upon becoming a member shall provide you with a prepaid verve card through which you can make withdrawal from the e-wallet at any time.
Prepaid Card. (a) Upon verification of your Goldmoney Holding, you may apply for a Goldmoney Prepaid Card to be linked to your Goldmoney Holding. If your application is approved, you will be issued with a Prepaid Card by our third party banking partner, as in place from time to time; (b) The Prepaid Card will allow you access to the metal in your Goldmoney Holding to complete purchases with the Prepaid Card in locations where MasterCard is accepted; (c) The metal in your Goldmoney Holding will be converted into the applicable designated currency for purchases no later than twenty-four (24) hours after we post the transaction to the your Goldmoney Holding at the conversion rate agreed; (d) You agree that, in addition to the terms of this Agreement, by requesting and using your Prepaid Card, you agree to be bound by and subject to the cardholder agreement between you and our third party banking partner, as amended from time to time. (e) Prepaid Cards will not be available to Clients under the age of 18, guardians on Holdings belonging to minors, or clients resident in certain countries. 4. Storage, delivery, and collection 4.1 Every Holding records the Cryptocurrency balance, GoldGrams®, Silver Ounces, Platinum Grams, or Palladium Grams you own. You acknowledge and agree that the value of your Cryptocurrency, GoldGrams®, Silver Ounces, Platinum Grams, or Palladium Grams can rise or fall when measured against National Currency. You assume any exchange rate risk. 4.2 Subject to clause 5 below, the balance of Your Holding quantifies your undivided interest in the bars of allocated Metal stored at the Vault on behalf of all of Goldmoney’s Clients and Goldmoney as owners in common. An undivided interest means that your Metal is combined with the Metal owned by other Goldmoney Clients and, to the extent it refers to payments received by Goldmoney in respect of any amounts due to Goldmoney from its Clients that are settled in Metal Payments, Goldmoney in the bars of Metal in allocated storage at the Vault. This means that (subject to clause 5 below) for every GoldGram®, Silver Ounce, Platinum Gram, and Palladium Gram held in accordance with this clause 4, there is an identical quantity of grams of gold, ounces of silver, grams of platinum, and grams of palladium, as measured by fine or gross weight (as applicable), in allocated storage at the Vault. Allocated storage means that the grams of gold, ounces of silver, grams of platinum and grams of palladium are contained within dis...
Prepaid Card. (a) Upon verification of your Holding, you may apply for a Goldmoney Prepaid Card linked to your Holding. If your application is approved, you will be issued a Prepaid Card by our third party banking partner, as in place from time to time; (b) The Prepaid Card allows you to complete purchases in locations where MasterCard is accepted; (c) You can fund your Prepaid Card using the assets in your Holding, which are converted into the currency you choose and available for purchases with your card within twenty-four (24) hours after we post the transaction to your Holding; (d) You agree that, in addition to the terms of this Agreement, by requesting and using your Prepaid Card, you agree to be bound by and subject to the cardholder agreement between you and our third party banking partner, as amended from time to time. (e) Prepaid Cards are not available to Clients under the age of 18, guardians on Holdings belonging to minors, or Clients resident in certain countries.
Prepaid Card. (a) Upon verification of your GoldMoney Holding, you may apply for a GoldMoney Prepaid Card to be linked to your GoldMoney Holding. If your application is approved, you will be issued with a Prepaid Card by our third party banking partner, as in place from time to time; (b) The Prepaid Card will allow you to access to the gold in your GoldMoney Holding to complete purchases with the Prepaid Card in locations where MasterCard is accepted; (c) The gold in your GoldMoney Holding will be converted into the applicable designated currency for purchases no later than twenty-four (24) hours after we post the transaction to the your GoldMoney Holding at the conversion rate agreed; (d) You agree that, in addition to the terms of this Agreement, by requesting and using your Prepaid Card, you agree to be bound by and subject to the cardholder agreement between you and our third party banking partner, as amended from time to time.
Prepaid Card. The Card is a prepaid card. The Card allows you to access funds loaded or deposited to your Card Account by you or on your behalf. Your Card Account does not constitute a checking or savings account and is not connected in any way to any other account you may have. The Card is not a gift card, nor is it intended to be used for gifting purposes. The Card is not a credit card and may not provide the same rights to you as those available in credit card transactions. You will not receive any interest on the funds in your Card Account. The funds in the Card Account will be insured for the benefit of the Card Owner to the maximum limit provided by the Federal Deposit Insurance Corporation provided we have been able to verify your identity. Your funds will never expire, regardless of the expiration date on the front of your Card. The Card will remain the property of the Bank, must be surrendered upon demand and is nontransferable Activating Your Card. You cannot use the Card until it has been activated. To activate a personalized card, login to ▇▇▇.▇▇▇▇▇▇.▇▇▇ or calling ▇-▇▇▇-▇▇▇-▇▇▇▇ and follow the instructions provided. As part of the activation, you may be required to provide your Social Security Number and Sub-Card. You may request additional Card(s), called Sub-Card(s), for your use or use by another person who is an Authorized User. The maximum number of Sub-Cards permitted is five (5). Authorized User(s) must be over the age of 13. You must notify us to revoke permission for any person you previously authorized to use the Card(s). You are liable for all transactions made with the Card(s) or Card Number(s) by your