Common use of Purchase Transactions Clause in Contracts

Purchase Transactions. You may use your debit Card for PIN and non-PIN transactions to pay for purchases with funds in your designated Account, subject to applicable transaction limits and other restrictions identified in this Agreement, at participating merchant locations. The amount of your purchase will be deducted directly from your Account, and you cannot stop payment on any purchase made with your Card. Use of the Card for a purchase is regarded as a withdrawal from your Account at the time the Card is used, even if the transaction is not posted immediately to your Account.

Appears in 7 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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