Available Credit Limit definition

Available Credit Limit means the remaining Credit Limit after all my Installment Loan availments, Cash Advance transactions, fees and charges and interests have been deducted and all my payments have been added.

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Available Credit Limit means the credit limit allocated by American Express to Cardmember’s Account inclusive of all Supplementary Cards less previous balances less all new Charges.

Available Credit Limit. With respect to User Accounts, the difference between the amount owed on a User Account and the User Account credit limit. With respect to the governing Account associated with each relevant User Account, the “Available Credit Limit” is the difference between the amount owed on the entire Account, including all User Accounts, and the overall Account credit limit.

Examples of Available Credit Limit in a sentence

The Cardholder agrees that any debits received during this time will be honoured based only on the Available Credit Limit in the Card Account(s) without considering this.
The statement will show your Previous Balance; current Purchase and Cash Advance transactions on your Account; Other Credits and Debits; your Credit Limit and Available Credit Limit; Balances of Purchases and Cash Advances; New Balance; Purchase and Cash Advance APR’s and Periodic Rates; Interest and Fees Charged year-to-date; Fees and Interest Charged for the period; Estimated Total Costs; Payment Due Date; and Minimum Payment Due.
If, within the Multiproduct Facility, Credit Facilities have been granted in other currencies than the Reference Currency, and by a full utilisation of the overdraft Subceilings the Available Credit Limit would be exceeded, the Bank will automatically block a part of the value of the overdraft Subceilings in order not to allow the exceeding of the Available Facility Limit.
If, within the Multiproduct Facility, Credit Facilities have been granted in other currencies than the Reference Currency, and by a full utilisation of the credit line Subceilings the Available Credit Limit would be exceeded, the Bank will automatically block a part of the value of the credit line Subceilings in order not to allow the exceeding of the Available Facility Limit.
We may refuse to authorize or accept any Transaction on your Account or Card that would cause you to exceed your Available Credit Limit.

More Definitions of Available Credit Limit

Available Credit Limit. (line of credit) refers to the remaining amount available for advance on a line of credit

Available Credit Limit means maximum amount that Cardholder is permitted to spend using Credit Card from time to time which equals the limit minus the Outstanding Balance.

Available Credit Limit means the credit limit allocated by the Issuer to Card holder’s Account inclusive of all Supplementary Cards less previous balances less all new Charges.

Available Credit Limit. The available Credit Limit at any time is the difference between assigned Credit Limit & Outstanding balance on the Card at that point of time. • The credit limits will vary for each Cardholder and will be disclosed in the monthly statement sent to the Cardholder • Credit Limit is basis bank criteria and maybe changed as per banks discretion though the same would be pre informed to customers (through relevant communication channel) • The Bank will send at your mailing address, a statement once a month for each billing period (hereinafter “Statement”) during which there is any transaction or outstanding on the Card Account. • The Bank may choose to send the Statement through one or more of the following modes - Post, &/or Email. Non receipt of Statement(s) would not affect your obligations and liabilities under this Agreement and you shall be liable to settle the Total Amount Due (TAD) before the Payment Due Date. The Bank reserves the right to not send physical statements by mail / courier to customers who have an outstanding balance less than Rs.100/-. These customers however, can access their statements online and avail of e-statements. In case of any change in your communication address, you are advised to contact the Bank immediately to ensure that you receive Statements regularly and on time. Monthly Statement of Account will be provided by the Bank to you only up to a period of twelve months preceding your request subject to payment of service charge, subject to change as per the discretion of the Bank, as specified in other fees and charges. • As per the Mastercard regulation, in case of a discrepancy, it is mandatory to inform the bank in writing to initiate a Charge Dispute on your behalf. We would request you to email or send us the signed dispute form available on our website ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇/consumer/creditcard/ disputeform.pdf. If the aforesaid discrepancies are prima facie found to be legitimate by the Bank, the Bank may reverse the charge on a temporary basis until the completion of subsequent investigations by the Bank to its full and final satisfaction. If the said investigations conducted by the Bank indicate that the liability of such (discrepancies) charges is accruing to the said Cardmember(s), then the charge will be reinstated in the subsequent Statement and fees/charges shall be claimed by the Bank in accordance to the charges indicated herein above. Notwithstanding the provisions herein, the Bank shall not exceed duration of ...

Available Credit Limit means the portion of the Total Credit Limit (also known as Maximum Limit of the Line Facility) which is available for utilisation;

Available Credit Limit means the amount of credit available at any point in time in connection with your Continuing Credit Contract, being the Credit Limit less any amounts owed by you.

Available Credit Limit means maximum amount that Cardholder is permitted to spend using Credit Card from time to time which equals the limit minus the Outstanding Balance. ‘’Credit Card Limit" means maximum amount of credit available on the Credit Card granted to the Cardholder and Cardholder is permitted to spend only within that limit.