Common use of Purchase Limitations Clause in Contracts

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card account. You may not make purchases that in the aggregate exceed $5,000.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 3 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card account. You may not make purchases that in the aggregate exceed $5,000.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance XxxxMark. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card account. You may not make purchases that in the aggregate exceed $5,000.00 9,999.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 9,999.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft overdrawn amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 500 per day, however the $500.00 500 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card. You are not entitled to receive a cash refund. F03-P611-7 Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card accountAccount. You may not make purchases that in the aggregate exceed $5,000.00 2,500.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 2,500.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account Account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account Account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with Cash Withdrawal Limitations. The maximum amount of cash that you may receive each day depends on the location where the cash is requested. You may obtain cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw cash in amounts up to $500.00 per day; however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain cash at ATMs or cash machines, your PIN is required to validate your identity as the owner of the Card. Any refund for goods or services purchased with However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). You may obtain Cash at a MasterCard Sponsored Bank via an Over-the-Counter Cash Withdrawal. You may withdraw Cash in amounts up to $2,500.00 per day, however the Card will be made in $2,500.00 daily limit is subject to additional limitations imposed by the form MasterCard Sponsored Bank. Banks may require validating your identity as the owner of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card account. You may not make purchases that in the aggregate exceed $5,000.00 150,000.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Cardyour Card Account, or if the transaction will cause the daily limit of $5,000.00 150,000.00 to be exceeded, then the transaction will be declined. Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. Merchant Authorization Holds. When you use your Card Account at your merchant terminal, certain terminals may ask us to authorize the transaction in advance and may estimate its final value. When we authorize the transaction, we commit to make the requested funds available when the transaction finally settles and may place a temporary hold on your Card’s funds for the amount indicated by the merchant (which may be more than the final settled transaction amount). We also may add an amount for certain merchants to ensure that sufficient funds will be available to cover the final transaction. Transactions at certain merchants that authorize high dollar amounts, especially rental car companies and hotels, may cause an “authorization” or “hold” on your available balance for up to thirty (30) days. Until the transaction finally settles or we determine that it is unlikely to be processed, the funds subject to the hold will not be available to you for other purposes. We will only charge your Card Account for the correct amount of the final transaction, however, and will release the hold on any excess amount when the transaction finally settles. Negative Balance. Because you are may be assessed transaction fees even if a transaction is declined, it is possible for a rejected transaction to cause your Card account Account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account Account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card Account you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires If your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (has a zero or applicable sub-account) negative balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the we may, at our option, cancel your Card will be made in the form of a credit to the Card. You are not entitled to receive a cash refundAccount without notice. Disputes with Merchants. Neither the Bank nor TransCard We are not responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card account. You may not make purchases that in the aggregate exceed $5,000.00 9,999.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 9,999.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft overdrawn amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance XxxxMark. You may withdraw Cash in amounts up to $500.00 500 per day, however the $500.00 500 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card accountAccount. You may not make purchases that in the aggregate exceed $5,000.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account Account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account Account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with Cash Withdrawal Limitations. The maximum amount of cash that you may receive each day depends on the location where the cash is requested. You may obtain cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Mark. You may withdraw cash in amounts up to $500.00 per day; however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain cash at ATMs or cash machines, your PIN is required to validate your identity as the owner of the Card. Any refund for goods or services purchased with However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). You may obtain Cash at a MasterCard Sponsored Bank via an Over-the-Counter Cash Withdrawal. You may withdraw Cash in amounts up to $5,000.00 per day, however the Card will be made in $5,000.00 daily limit is subject to additional limitations imposed by the form MasterCard Sponsored Bank. Banks may require validating your identity as the owner of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

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Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card accountAccount. You may not make purchases that in the aggregate exceed $5,000.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account Account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account Account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with Cash Withdrawal Limitations. The maximum amount of cash that you may receive each day depends on the location where the cash is requested. You may obtain cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Mark. You may withdraw cash in amounts up to $500.00 per day; however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain cash at ATMs or cash machines, your PIN is required to validate your identity as the owner of the Card. Any refund for goods or services purchased with However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). You may obtain Cash at a MasterCard Sponsored Bank via an Over-the-Counter Cash Withdrawal. You may withdraw Cash in amounts up to $9,999.00 per day, however the Card will be made in $9,999.00 daily limit is subject to additional limitations imposed by the form MasterCard Sponsored Bank. Banks may require validating your identity as the owner of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality legality, or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card accountAccount. You may not make purchases that in the aggregate exceed $5,000.00 per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account Account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account Account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with Cash Withdrawal Limitations. The maximum amount of cash that you may receive each day depends on the location where the cash is requested. You may obtain cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw cash in amounts up to $500.00 per day; however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain cash at ATMs or cash machines, your PIN is required to validate your identity as the owner of the Card. Any refund for goods or services purchased with However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). You may obtain Cash at a MasterCard Sponsored Bank via an Over-the-Counter Cash Withdrawal. You may withdraw Cash in amounts up to $2,000.00 per day, however the Card will be made in $2,000.00 daily limit is subject to additional limitations imposed by the form MasterCard Sponsored Bank. Banks may require validating your identity as the owner of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card account. You may not make purchases that in the aggregate exceed $5,000.00 per calendar daythe available balance in your Card Account. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 to be exceededin your Card Account, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. Cash Withdrawal Limitations. You may not make cash withdrawals that exceed $3,000.00 per day in the aggregate (all Cards associated with the Account Owner). You may not make cash withdrawals that exceed $1,000 per day from the Primary Card or $500 per day from any Secondary Card. These daily limits may be subject to additional limitations imposed by banks and ATM operators. The Primary Cardholder may also set lower daily cash withdrawal limits on the Primary Card and each Secondary Card. You will not be permitted to make cash withdrawals from a merchant at point-of-sale. Use Limitations. Your Card has been issued solely for commercial business purposes. Your Card is not a payroll expense card. Your Card may not be used for payroll expenses under any circumstances. You agree that you will: (i) use the Card as a corporate card solely for commercial business purposes; (ii) not use the Card at gambling websites or to purchase illegal goods or services; (iii) promptly notify us of any loss or theft of the Card; (iv) promptly notify us of the loss, theft, or unauthorized disclosure of any Access Information used to access the Card Account information or Card funds; (v) not use the card for payroll expenses; and (vi) use the Card only as permitted by this Agreement. The Card may not be financially liable accepted by certain merchants whose goods or services are not legal for minors. We may refuse to process any spending beyond transaction that we believe violates the available terms of this Agreement. We may suspend your Card Account to investigate any unusual activity that indicates any Cards issued to your Card Account are being used for restricted activities such as payroll expense. Your failure to comply with the restrictions on use will cause the immediate termination of your Card Account and any Cards associated with the Card Account. Loading Check Proceeds to Your Card Account. The Primary Cardholder and Secondary Cardholders authorized by the Primary Cardholder may add proceeds (called “value loading”) to the Primary Card Account from checks made payable to Account Owner and delivered in person at a CONEXT Network Location. A fee will be assessed each time value is loaded or reloaded to the Primary Card Account (or applicable sub-account) balance, see Schedule of Fees and any spending overdraft must Charges below). This fee will be immediately repaid. Refunds for Purchases Made with deducted from the gross load amount and the net load amount will be credited to the Card. Any refund The CONEXT Network Location may also assess its own fee for goods or services purchased with the Card its services. The fees will be made in deducted from the form of a credit check proceeds prior to any value loading to the Card. You will be given a receipt for each value load transaction stating that payment of proceeds to the CONEXT Network Location is deemed payment to the Bank. Only the value loaded amount shown on the receipt will be credited to the Card Account. NO OTHER TYPE OF VALUE LOADING IS ALLOWED FOR THE CARD ACCOUNT, INCLUDING CASH LOADS THROUGH NON- 0PARTICIPATING CHECK CASHING LOCATIONS, LOADS THROUGH RETAIL LOAD NETWORKS (e.g. GreenDot, MoneyGram, Western Union, etc.), ACH TRANSFERS OR DIRECT DEPOSIT. The Primary Cardholder may transfer funds from the Primary Card Account to any Secondary Card Account at any time through our Website. The minimum amount that may be value loaded to the Primary Card Account or any Secondary Card Account is $50.00. The maximum aggregate balance (all Cards associated with the Account Owner) that may be value loaded to the Card Account is $25,000. The maximum aggregate amount (all Cards associated with the Account Owner) that may be value loaded to the Card Account in any single day is $50,000. The maximum balance that may be value loaded to the Primary Card is $25,000 and to any Secondary Card is $5,000. The Primary Cardholder may also set a lower maximum value on the Primary Card or any Secondary Card. We reserve the right to accept or reject any request to load or reload value to the Card Account. Loads are not entitled subject to receive appropriate anti-fraud verification. Loads to the Card Account made through a cash refundCONEXT Network Location are generally available instantly subject to appropriate anti-fraud verifications. Disputes with Merchants. Neither Upon issuance of the receipt, the Bank nor TransCard are responsible will be liable to you for the deliveryamount of the value load regardless of any nondelivery or delayed delivery of any funds to the Bank. The Bank’s liability will be subject to any merchant authorization holds, qualitycollections for returned checks, safetynegative balance restoration obligations, legality and card fees. All CONEXT Network Locations are independently owned and operated. We will not have any liability to you for checks you negotiate through a CONEXT Network Location unless you have been given a receipt stating the amount of funds loaded to your Card Account and your sole recourse otherwise will be to the CONEXT Network Location. You should review and understand the check acceptance procedures and fees of the CONEXT Network Location before negotiating checks or any other aspect loading funds through that location. PIN: A PIN is a four-digit code that may be used to make purchase transactions instead of goods and services signing for your transaction. Some merchants may require you to make purchases using a PIN rather than your signature. A temporary PIN was provided to you at the time you received the Card. Upon activation of your personalized Card you will be prompted to create a new PIN. Only one (1) PIN will be issued per Card. To prevent unauthorized access to the Card Account balance, you agree to keep your PIN confidential. We recommend that you purchase memorize your PIN and do not write it down. You may reset your PIN by calling us at 1-855-9CONEXT or by logging into your Card Account via the Website. Your PIN may also be used to obtain cash or to check your balance at any ATM that bears the Visa name or logo or the NYCE name or logo. You will not be permitted to use your PIN to obtain cash back from others with a Cardretailer at point-of-sale. All such disputes should You may be addressed to charged a fee by us for each cash withdrawal and balance inquiry made at an ATM in the merchants from whom amount disclosed in the goods section entitled “Schedule of Fees and services were purchasedCharges” set forth below.

Appears in 1 contract

Samples: Account Agreement

Purchase Limitations. You should maintain sufficient value on your Card to pay for each transaction you attempt to conduct using the Card or Card accountAccount. You may not make purchases that in the aggregate exceed $5,000.00 per 2,500.00per calendar day. If a merchant attempts to process a transaction for more than the value available on the Card, or if the transaction will cause the daily limit of $5,000.00 2,500.00 to be exceeded, then the transaction will be declined. Because you are assessed transaction fees even if a transaction is declined, it is possible for your Card account Account to have a negative balance and be overdrawn. We do not extend credit, so if your Card account Account becomes overdrawn, you agree to pay us the overdrawn amount immediately, without further demand. We may deduct the overdraft amount from any current or future funds on this or any other Card you activate or maintain. Cash Withdrawal Limitations. The maximum amount of Cash that you may receive each day depends on the location where the Cash is requested. You may obtain Cash at ATMs designated by us or at ATMs that display the MasterCard Acceptance Xxxx. You may withdraw Cash in amounts up to $500.00 per day, however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain Cash at ATMs or cash machines requires your PIN to validate your identity as the owner or the Card. However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). Unusual or multiple purchases may prompt a merchant inquiry or card suspension to allow us to investigate such unusual activity. You agree to be financially liable for any spending beyond the available Card Account (or applicable sub-account) balance, and any spending overdraft must be immediately repaid. Refunds for Purchases Made with Cash Withdrawal Limitations. The maximum amount of cash that you may receive each day depends on the location where the cash is requested. You may obtain cash at ATMs designated by us or at ATMs that display the Mastercard Card Acceptance Mark. You may withdraw cash in amounts up to $500.00 per day; however the $500.00 daily limit is subject to additional limitations imposed by merchants, banks and ATM or cash machine operators. To obtain cash at ATMs or cash machines, your PIN is required to validate your identity as the owner of the Card. Any refund for goods or services purchased with However, your signature, and not your PIN, may be required at certain face-to-face locations (banks and merchants). You may obtain Cash at a Mastercard Card Sponsored Bank via an Over-the-Counter Cash Withdrawal. You may withdraw Cash in amounts up to $9,999.00 per day, however the $9,999.00 daily limit is subject to additional limitations imposed by the Mastercard Card will be made in Sponsored Bank. Banks may require validating your identity as the form owner of a credit to the Card. You are not entitled to receive a cash refund. Disputes with Merchants. Neither the Bank nor TransCard are responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with a Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

Appears in 1 contract

Samples: Cardholder Agreement

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