The Credit Card Clause Examples

The Credit Card clause defines the terms and conditions under which credit card payments are accepted and processed within an agreement. It typically outlines the responsibilities of the cardholder, such as ensuring sufficient funds and authorizing charges, as well as the obligations of the merchant, like maintaining payment security and handling disputes. This clause helps clarify the procedures and expectations for both parties when using credit cards, thereby reducing misunderstandings and potential conflicts related to payment processing.
The Credit Card. (a) This document is important. It governs your use of the Credit Card. You must not use the Credit Card in a way that breaks this Agreement. We must observe Consumer Credit Law in our dealings with you. (b) The Rates, Fees and Charges Table and the Card Carrier form part of this Agreement. (c) Third Party Providers (TPPs) (i) To use the services of a TPP for your Account, you must be able to access your Account through Digital Banking. (ii) Where we provide your TPP access to your Account, you can choose to allow your TPP to access relevant information from your Account. For more information on the types of information a TPP can access please see ▇▇▇.▇▇▇.▇▇▇/▇▇▇▇ (iii) You are not obliged to use the services of a TPP for the Account but, if you do, it is your responsibility to read the terms and conditions of the TPP. It is also your responsibility to understand exactly what information the TPP will be able to access and how it will be used by them. This should all be covered in your agreement with the TPP. A TPP should be registered with any relevant financial services regulator in order to provide payment services to you. (iv) A TPP may look for access to your Account, for example, to provide account information services to you. However, we will only allow such access where you have permitted us to allow that. (v) It is the responsibility of the TPP to ensure any information it holds about you or your Account is secure.
View SourceView Similar (7)
The Credit Card. 2.1 This document is important and you (or the person responsible for financial management in the Company) should read it carefully. It governs the use of the Card by you and the Cardholder. You must comply with these Terms and Conditions and must ensure that each Cardholder also complies with them. 2.2 The following also apply to the use of the Card: 2.2.1 Banking law and practice; 2.2.2 The Rates, Fees and Charges Table and the Card Carrier; 2.2.3 The agreements and forms we require the Cardholder to sign. 2.3 We agree to provide the Card for your business purposes. We allow each Cardholder use the Card on your behalf and for your business purposes. We do not, by these Terms and Conditions, agree to provide any credit to a Cardholder. This Clause 2.3 is subject to the following Clause 2.4. 2.4 If a Cardholder is also the Customer or one of the Customers, we do not agree, by these Terms and Conditions, to provide any credit to the Cardholder other than in his or her capacity as a Customer and for the business purposes of the Customer. In particular, we do not, by these Terms and Conditions, agree to provide a Cardholder with any credit for a purpose outside of his or her trade, business or profession. Use of the Card for personal consumer purposes is a breach of these Terms and Conditions. 2.5 The Credit Card and its PIN are only to be used by the Cardholder. We see use of the PIN with the Credit Card as proof that the Cardholder carried out the transaction(s) or were in breach of Clause 2.7(ii). 2.6 The Bank may at any time cancel or refuse to renew the Credit Card(s). 2.7 Cardholders must: (i) sign the Credit Card as soon as it is received from us (ii) keep their PIN and 3D Secure Password a secret, memorise it, and take all reasonable precautions to prevent anyone else knowing it or using it. A Cardholder should never write down the PIN or the 3D Secure Password
View SourceView Similar (4)
The Credit Card. 2.1 This document is important and you (or the person responsible for financial management in the Company) should read it carefully. It governs the use of the Card by you and the Cardholder. You must comply with these Terms and Conditions and must ensure that each Cardholder also complies with them. 2.2 The following also apply to the use of the Card: 2.2.1 Banking law and practice; 2.2.2 The Interest Rates, Fees and Charges Table and the Card Carrier. 2.2.3 If we permit you to register a Digital Card in a Digital Wallet, our terms and conditions for Digital Wallets (and those of the digital wallet provider) will also apply to the use of that Digital Card and Digital Wallet when you use a Digital card; 2.2.4 The agreements and forms we require the Cardholder to sign. 2.3 Where the Account is available online through Digital Banking you agree that: 2.3.1 We may set up Digital Banking for your Account and create a profile for you or a Cardholder on Digital Banking; 2.3.2 We may require you or a Cardholder to take additional steps before you can access Digital Banking for your Account which we will let you know about; 2.3.3 When you or a Cardholder accesses Digital Banking our 365 Phone and Digital Banking Terms and Conditions will apply and that they form part of our agreement with you about your Account. 2.3.4 We may allow you to submit certain servicing requests digitally through our website or Digital Banking. You may need to use your Security Credentials to complete these requests. 2.4 Once you or a Cardholder receives a replacement or new card from us, we will send the new card details to Mastercard. If you have set up a recurring Card payment, Mastercard may send the new card details to the relevant merchants so that those Card payments can continue. We are not liable if Mastercard or a merchant fails to update the new card details. 2.5 These terms and conditions apply to you when we open an Account for you. We may require that a Card is activated before it is used. If we do, the Card can be activated by following the instructions we will provide with the Card or on digital banking. 2.6 We agree to provide the Card for your business purposes. We allow each Cardholder use the Card on your behalf and for your business purposes. We do not, by these Terms and Conditions, agree to provide any credit to a Cardholder. This Clause 2.6 is subject to the following Clause 2.7. 2.7 If a Cardholder is also the Customer or one of the Customers, we do not agree, by t...
View SourceView Similar (2)
The Credit Card. (a) This document is important. It governs your use of the Credit Card. You must not use the Credit Card in a way that breaks this Agreement. We must observe Consumer Credit Law in our dealings with you. (b) The Rates, Fees and Charges Table and the Card Carrier form part of this Agreement. 2. The Credit Card belongs to us. This means we may take it back at any time. If you are asked, you must return the Credit Card immediately to us. 3. The Credit Card and its PIN are only to be used by you. We see use of the PIN with the Chip Credit Card as proof that you personally carried out the transaction(s) or were in breach of Clause 6(ii) and/or Clause 24 (a), (b) or (c). 4. If you are a Principal Cardholder you must be at least 18 years of age and accept that you will be fully liable for all transactions on the Account, including those made by a secondary/additional cardholder on the Account. 5. The Bank may at any time cancel or refuse to renew the Credit Card. 6. You must; (i) sign the Credit Card as soon as you receive it from us (ii) You must keep your PIN and 3D Secure Password a secret, memorise it, and take all reasonable precautions to prevent anyone else knowing it or using it. You should never write down the PIN or the 3D Secure Password (iii) always protect the Credit Card. Take all reasonable precaution to ensure the Credit Card is not lost, mislaid or stolen (iv) not go over the credit limit assigned to you (v) not assume that you can continue to use the Credit Card if you have broken any of the terms and conditions of this Agreement (you should return the Credit Card to us if you have) (vi) not use the Credit Card before the “valid from” date or after the “until end” date shown on it (vii) not use the Credit Card if we cancel or withdraw it (viii) never use your Credit Card as payment for anything illegal. Credit limit 7. We will not increase your Credit Limit unless you request an increase but reserve the right to decline any such request. We may reduce your credit limit at any time if: (a) you breach any of these terms and conditions or (b) we give you 2 months’ notice in writing. If your Card is used for a transaction which would bring the outstanding debit balance in excess of the Credit Limit, we reserve the right to authorise or decline such transactions.
View Source
The Credit Card. Fleet and PrivilegeONE shall work together to create mutually acceptable designs for the front of the Credit Card, which will include the Dealer Trademarks. If Fleet reasonably foresees a delay in producing such Credit Cards, it shall provide written notice, including the reasons for the delay, to PrivilegeONE.
View Source

Related to The Credit Card

  • The Credit Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to one million five hundred thousand Special Drawing Rights (SDR 1,500,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project described in Schedule 2 to this Agreement and to be financed out of the proceeds of the Credit.

  • Credit Card If you choose to pay by credit card, you will be prompted to provide your credit card information and will be presented with a screen that reflects the amount of your subscription, the amount of fees that would be charged by the credit card issuer for the transaction and the total amount payable.

  • Credit Cards About 60% of first-year students reported they have at least one credit card, although just 15% have two or more cards. Among those students who have credit cards, about 88% reported they pay off their balance each month and, as such, their current credit card balance is zero; however, when asked what their current credit card balance is, just 7% said it is zero. Among those with an unpaid balance, the average credit card debt students have is $1,549. Group 1 students tend to carry a higher balance on their credit cards than Group 2 and Group 3 students. None 40% 42% 45% 32% 43% One 45% 42% 42% 50% 45% Two 7% 6% 6% 8% 3% Three or more 8% 10% 7% 9% 9% Average number 1.8 2.8 1.2 2.2 1.2 Yes 88% 83% 88% 89% 80% Zero 7% 2% 14% 2% - $500 or less 83% 83% 79% 87% 82% $501 to $1,000 5% 7% 4% 6% 9% Over $1,000 5% 8% 4% 6% 9% Average (all with credit card) $487 $652 $352 $564 $385 Average (those with unpaid balance) $1,549 $1,954 $1,249 $1,648 $974 * Total credit card balance and payment of the balance were asked of those who had at least one credit card.

  • Deposit Accounts; Credit Card Arrangements (a) Annexed hereto as Schedule 5.21(a) is a list of all DDAs maintained by the Loan Parties as of the Closing Date, which Schedule includes, with respect to each DDA (i) the name and address of the depository; (ii) the account number(s) maintained with such depository; (iii) a contact person at such depository, and (iv) the identification of each Blocked Account Bank. (b) Annexed hereto as Schedule 5.21(b) is a list describing all arrangements as of the Closing Date to which any Loan Party is a party with respect to the processing and/or payment to such Loan Party of the proceeds of any credit card charges and debit card charges for sales made by such Loan Party.

  • The Credits 2.1...... Commitments..................................................................................................................... 15