Card Account Balance. Transaction History
Card Account Balance. At any point, the outstanding account balance on your Card Account (“Card Account Balance”) is the amount that you have spent on your Card Account that has not yet been paid off. To calculate your Card Account Balance, we add the Transactions on your Card Account in the billing period to any outstanding balance from the previous billing period, and subtract any payments and credits received during the billing period. You may pay down the Card Account Balance at any time using funds from the Linked Bank Account, as defined below. If at any point your Card Account Balance exceeds the balance in your Secured Account (e.g., because a final Transaction amount exceeds the amount initially authorized when you used your card to make a transaction (the “Authorization Amount”)), we may initiate a transfer from your Linked Bank Account for the difference. We may also, at our sole discretion, limit your ability to use your Card Account, including but not limited to your ability to make additional Transactions on your Card until the difference is either added to your Secured Account or paid off on your Card Account Balance. Generally, your spend limit is equal to the balance in your Secured Account (the “Spend Limit”), subject to the Maximum Balance, as defined in the Secured Account Agreement. Deposits from your Linked Bank Account into your Secured Account will increase your Spend Limit within one Business Day after the transfer is settled. A “ Business Day” is Monday through Friday, excluding federal holidays. At our discretion, we may elect to increase your Spend Limit between the time a transfer is initiated to your Secured Account and the time that transfer settles. If we increase your Spend Limit prior to the settlement of an external transfer, that does not obligate us to do so again at any time in the future. The amount that you have available to spend on your Card Account (the “Available Credit”) is equal to the difference between your Spend Limit and your Card Account Balance. The Available Credit may be impacted by pending purchases, merchant credits for returns, reward program adjustments and authorization holds. If you attempt to complete a Transaction that would exceed your Available Credit, we may decline the Transaction and you must transfer additional funds into your Secured Account or make a payment on your Card Account Balance in order to proceed with the Transaction. The transfer of additional funds into your Secured Account can be done by making a...
Card Account Balance. Periodic Statements You are responsible for keeping track of the available balance of the Card Account. Merchants generally will not be able to determine your available balance. It’s important to know your available balance before making any transaction. You may obtain information about the amount of money you have remaining in the Card Account by texting “BAL” to 58084 (standard text message rates from your wireless service provider may apply) or by calling 0-000-000-0000. This information, along with a twenty four (24) month history of Card Account transactions, is also available online at xxx.xxxxxxxxxxxxxxx.xxx. You also have a right to obtain at least twenty four (24) months of written history of Card Account transactions by visiting any PLS Check Cashers location. You will not be charged a fee for this information. You will not automatically receive paper statements.
Card Account Balance. It is important to know the amount of available funds in the Card Account before performing a transaction with a Card. If there are not sufficient funds in the Card Account to cover the transaction amount, the transaction will be declined. If Authorized User does not have sufficient funds in the Card Account, Authorized User can request that the merchant charge a part of the purchase to the Card and pay the remaining amount with cash or another card. These are called “split transactions.” Some merchants do not allow cardholders to conduct split transactions. Business Account Owner acknowledges and agrees that the funds available to perform transactions are limited to the available funds that have been added to the Card Account that are not subject to a hold. Authorized User is not authorized to use any funds added to the Card Account in error. Any transaction that could create a negative balance for the Business Account or a Card Account is not permitted, but may occur in limited circumstances. Adjustments may be made to the Card Account to reverse an error, reflect a merchant adjustment, or resolve a dispute regarding a transaction posted to the Card Account. These processing and adjustment entries could cause the Business Account or Card Account to have a negative balance. If a Business Account or Card Account has a negative balance, Business Account Owner agrees: (a) that the balance of Business Account can be adjusted to reflect that amount; (b) that we may automatically apply any subsequent deposits to the Business Account to satisfy the negative balance and (c) to pay us on demand by a personal check, money order, or other payment method authorized by us for the amount of the negative balance. If no future funds are added to the Card Account, we may send Business Account Owner a notice explaining the reason for the adjustment and requesting payment by a personal check, money order, or other payment method to satisfy the negative balance. Payments should be mailed to us at 000 0xx Xxxxxx Xxx Xxxxxxxxx, XX 00000 or the address stated in the applicable notice.
Card Account Balance. It is important to know the amount of available funds in your Card Account before performing a transaction. If you do not have sufficient available funds in your Card Account to cover the transaction amount, the transaction will be declined. You acknowledge and agree that the funds available to perform transactions are limited to the funds that have been added to your Card Account that are not subject to a hold. You are not authorized to use funds added to your Card Account in error. Any transaction that could create a negative balance for your Card Account is not permitted, but may occur in limited circumstances. Adjustments may be made to your Card Account to reverse an error, reflect a merchant adjustment, or resolve a dispute regarding a transaction posted to your Card Account. These processing and adjustment entries could cause your Card Account to have a negative balance. If your Card Account has a negative balance, you agree: (a) that we may automatically apply any subsequent deposits to your Card Account to satisfy the negative balance and (b) to pay us on demand by a personal check, money order, or other payment method authorized by us for the amount of the negative balance. If no future funds are added to your Card Account, we may send you a notice explaining the reason for the adjustment and requesting payment by a personal check, money order, or other payment method to satisfy the negative balance. Payments should be mailed to us at 00 Xxxxxx Xx, San Francisco, CA 94102.
Card Account Balance. You are responsible for keeping track of your Card Account. Merchants generally will not be able to determine your available balance. It is important to know your available balance before making any transaction.
Card Account Balance. Your purchase and cash advance transactions (thereby increasing your Card Account Balance) decrease your available credit. Your Card Account Balance reflects the full amount of purchase and cash advance transactions that we have authorized to be debited to your Card Account. It does not reflect transactions that you have authorized with a third party but have not yet been submitted to us. We may charge to your Card Account Balance the amount of any merchant holds on the Card that we have Deposit Account Holds. When you make a transaction on the Card Account, such as a purchase or cash advance, an equivalent amount of funds in the Deposit Account is placed on hold and classified as “Spent Money.” The Spent Money will remain in your Deposit Account, but is placed on hold. You cannot withdraw money classified as Spent Money. When you make a payment on your Card Account from a Linked External Account (as described in your Deposit Account Agreement), an amount of the Spent Money equal to the amount of the payment will no longer be classified as Spent Money and will become available for use in your Deposit Account once we have confirmed receipt of your payment. You agree not to use your Card Account and Deposit Account in any way that would cause the Card Account Balance to exceed the available balance in your Deposit Account. We may refuse to authorize or accept any transaction on your Card Account or Deposit Account that would cause your Card Account Balance to exceed the available balance in your Deposit Account. You authorize us to limit your ability to withdraw or transfer all or part of the funds in your Deposit Account, as reasonably necessary to preserve our rights under this Cardmember Agreement.
Card Account Balance. Your purchase and cash advance transactions (thereby increasing your Card Account Balance) decrease your available credit. Your Card Account Balance reflects the full amount of purchase and cash advance transactions that we have authorized to be debited to your Card Account. It does not reflect transactions that you have authorized with a third party but have not yet been submitted to us. We may charge to your Card Account Balance the amount of any merchant holds on the Card that we have authorized and any other holds, such as to comply with legal process. Pending transactions and holds also may cause your Card Account Balance to exceed your available credit during the time the transaction is pending or a hold is in effect when other transactions may be charged to your Card Account. An authorization hold is not payment for an authorized transaction. The transaction is subsequently processed by the merchant and submitted to us for payment. The release of the hold will be in the form of a credit to your Account for the amount of the original hold, and any payment submitted to us for payment by the merchant will be debited to your Card Account. We also may debit or credit your Card Account Balance in the amount of any necessary adjustment due to a chargeback or error or for any other reason. Deposit Account. You authorize us to limit your ability to withdraw or transfer all or part of the funds in your Deposit Account, as reasonably necessary to preserve our rights under this Cardmember Agreement.
