Common use of Closing Your Account Clause in Contracts

Closing Your Account. You may close your Account at any time by notifying us in writing. We may close your Account at any time without cause and without notice. When your Account is closed (whether by you or us), your right to use the Account, Card and Credit Card Checks is automatically revoked. When your Account is closed, you must contact everyone authorized to charge transactions to your Account (e.g., internet service providers, insurance companies, etc.) to cancel future transactions. Such transactions may continue to be charged to your Account until you change the billing, and you will be liable for those charges. If we believe that you have authorized a transaction or are attempting to use your Account after you have requested to close your Account, we may (but are not required) allow the transaction to be charged to your Account and you will be liable for the charges.

Appears in 13 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

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