ACCOUNT RESTRICTIONS. In order to receive and maintain a Secured VISA Classic Credit Card, You agree to give Us a specific pledge of shares which will be equal to the sum total of $50.00 plus Your Credit Limit. In the event that You default on Your Secured VISA Classic Credit Card, We may apply these shares toward the repayment of any amount owed on such Account. You may cancel Your Secured VISA Classic Credit Card at any time by paying any amounts owed on such Account. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments.
Appears in 3 contracts
Samples: Credit Card Account Agreement, Credit Card Account Agreement, Credit Card Account Agreement
ACCOUNT RESTRICTIONS. In order to receive and maintain a Secured VISA Classic Credit Card, You agree to give Us a specific pledge of shares which will be equal to the sum total of $50.00 plus Your Credit Limit. In the event that You default on Your Secured VISA Classic Credit Card, We may apply these shares toward the repayment of any amount owed on such AccountCredit Card. You may cancel Your Secured VISA Classic Credit Card at any time by paying any amounts owed on such AccountCard. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any the Credit Limits established for You will generally be self-replenishing as You make payments.
Appears in 2 contracts
Samples: Credit Card Account Agreement, Credit Card Account Agreement
ACCOUNT RESTRICTIONS. In order to receive and maintain a Secured VISA Classic Credit Card, You agree to give Us a specific pledge of shares which will be equal to the sum total Your 125% of $50.00 plus Your approved Credit Limit. In the event that You default on Your Secured VISA Classic Credit CardAccount, We may apply these shares toward the repayment of any amount owed on such AccountYour Secured VISA Classic Credit Card. You may cancel Your Secured VISA Classic Credit Card at any time by paying any amounts owed on such Account. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any the Credit Limits established for You will generally be self-replenishing as You make payments.
Appears in 1 contract
Samples: Credit Card Account Agreement