Credit feature definition

Credit feature means a separate credit account or a credit subaccount of a prepaid account through which credit can be extended in connection with a prepaid card, or a negative bal- ance on an asset feature of a prepaid account through which credit can be extended in connection with a prepaid card.

Examples of Credit feature in a sentence

  • Policies with a premium Credit may have higher fees and expenses, and may have longer surrender charge periods than policies that do not provide the Credit feature.

Related to Credit feature