Common use of Spend Power Clause in Contracts

Spend Power. Available Spend Power is the specific amount of funds available to you for use in Debit Card or Extra Rewards Program transactions at any given time, and is limited to the lesser of your Max Spend Power, as defined below, or eighty (80%) percent of your Partner Account balance as of the last time we checked it, although it may be lower, and is subject to the limitations set forth in these Terms, as well as the Debit Card Cardholder Agreement (“Available Spend Power” is referred to in the Debit Card Cardholder Agreement as “Available Funding Source Balance” and in the OLOC Agreement, if applicable, as “Credit Limit”). Your Available Spend Power may also be reduced by transactions you make that are not yet repaid. Max Spend Power is the highest amount you could access prior to Available Spend Power calculations and is assigned based on Extra’s proprietary risk model determination. Your Max Spend Power cannot exceed $1,500. In using Extra Services, including the EDPS, you acknowledge and agree that the total spending availability accessible to you at any given time for use in Debit Card or Extra Rewards Program transactions is limited to your Available Spend Power, as determined by Extra and displayed in the Extra App. We provide the Issuing Bank an authorization to approve

Spend Power. Available Spend Power is the specific amount of funds available to you for use in Debit Card or Extra Rewards Program transactions at any given time, and is limited to the lesser of your Max Spend Power, as defined below, or eighty (80%) percent of your Partner Account balance as of the last time we checked it, although it may be lower, and is subject to the limitations set forth in these Terms, as well as the Debit Card Cardholder Agreement (“Available Spend Power” is referred to in the Debit Card Cardholder Agreement as “Available Funding Source Balance” and in the OLOC Agreement, if applicable, as “Credit Limit”). Your Available Spend Power may also be reduced by transactions you make that are not yet repaid. Max Spend Power is the highest amount you could access prior to Available Spend Power calculations and is assigned based on Extra’s proprietary risk model determination. Your Max Spend Power cannot exceed $1,500. In using Extra Services, including the EDPS, you acknowledge and agree that the total spending availability accessible to you at any given time for use in Debit Card or Extra Rewards Program transactions is limited to your Available Spend Power, as determined by Extra and displayed in the Extra App. We provide the Issuing Bank an authorization to approveapprove transactions made using your Debit Card only if (i) you have sufficient Available Spend Power