Credit Account definition

Credit Account is modified to read “Grant Account”.

Credit Account means the credit card account that we open for you and the relationship that is established between you and us by this Contract. This Credit Account is used to record transaction activity made by you when you access or otherwise utilize the line of credit we extend to you when you use your Card. “New Balance” means the outstanding balance of your Credit Account at the end of any Billing Cycle. The New Balance is the sum of the Previous Balance (defined as the New Balance shown on your last Statement) less payments and credits, plus new Cash Advances and Purchases and our charges posted during the Billing Cycle.

Credit Account shall have the meaning provided in Section 5.03(f).

Examples of Credit Account in a sentence

• This Class B Certificate is one of a Series of Certificates entitled American Express Credit Account Master Trust, Series 2024-2 (the “Series 2024-2 Certificates”), and one of a class thereof entitled Class B Series 2024-2 5.51% Asset Backed Certificates (the “Class B Certificates”), each of which represents a fractional, undivided interest in certain assets of the Trust.

• Except as the Association may otherwise specify by notice to the Borrower, all withdrawals from the Credit Account shall be deposited by the Association into the Special Account in accordance with the provisions of this Schedule.

• AMERICAN EXPRESS RECEIVABLES FINANCING CORPORATION III LLC By: Name: Title: Dated: April 23, 2024 TRUSTEE’S CERTIFICATE OF AUTHENTICATION This is one of the American Express Credit Account Master Trust Series 2024-1 Class A Certificates described in the within-mentioned Agreement and Supplement.

• This Class B Certificate is one of a Series of Certificates entitled American Express Credit Account Master Trust, Series 2024-1 (the “Series 2024-1 Certificates”), and one of a class thereof entitled Class B Series 2024-1 5.50% Asset Backed Certificates (the “Class B Certificates”), each of which represents a fractional, undivided interest in certain assets of the Trust.

• AMERICAN EXPRESS RECEIVABLES FINANCING CORPORATION III LLC By: Name: Title: Dated: April 23, 2024 TRUSTEE’S CERTIFICATE OF AUTHENTICATION This is one of the American Express Credit Account Master Trust Series 2024-2 Class B Certificates described in the within mentioned Agreement and Supplement.

More Definitions of Credit Account

Credit Account wherever used in the General Conditions, means the Grant Account, an account opened by the Administrator on its books in the name of the Recipient to which the amount of the Grant is credited; and

Credit Account means any billing arrangement We have extended to You upon Our approval of the Credit Application.

Credit Account means the credit card account that we open for you and the relationship that is established between you and us by this Contract. This Credit Account is used to record transaction activity made by you when you access or otherwise utilize the line of credit we extend to you when you use your Card.

Credit Account or “Account” means the credit card account we open for you, which is used to record transaction activity made by you when you access or otherwise use the line of credit we extend to you.

Credit Account means the credit account which may be granted by MBNS to the Client (if any) from time to time on the terms thereof;

Credit Account means the account opened by the Association in its books in the name of the Recipient to which the amount of the Credit is credited.

Credit Account means an account where we have offered a credit line to use as Trading Resources. Additional terms and conditions apply in respect of such an account.