CARD FACILITY. 3.1 During its validity and subject to the terms and conditions of use herein set out as modified and stipulated by the Bank from time to time, the Card entitles the Cardmember to Credit Card facilities with the Bank within the Credit Line imposed by the Bank and subject to the expressed approval of the Bank. 3.2 The Card facilities made available by the Bank include but is not limited to the following: (i) The purchase of goods and/or services on credit from any Authorised Merchant; and (ii) Cash Advance as set out under Clause 3.3 hereof; 3.3 The Cardmember shall obtain Cash Advance in such amount as may be acceptable to the Bank, by the following means: (i) Presenting the Card at any branch of the Bank or of any member institution of Visa International/Mastercard Worldwide together with evidence of his identity and signing the necessary transaction record; or (ii) Use the Card at any ATM of the Bank or of any other bank or institution with whom the Bank has an arrangement for the use of the ATM of the said bank or institution. The amount of such advances shall be subject to the applicable daily withdrawal limit of the ATM and shall be subject to verification by the Bank or any other bank or institution mentioned above. The amount so verified by the Bank or any other bank or financial institution shall be deemed to be the correct amount of the withdrawal so effected; or (iii) Using or presenting the Card to apply for Demand Drafts and/or Bankers Cheques to facilitate the purchasing of Initial Public Offer Shares (IPOS). The amount of each advance shall be limited to the Available Card Account Balance. Cash Advance allowable on credit line as follows: Day 1 to end of 6th month 0% 7th month to 3rd year 50% 4th year onwards 100% 3.4 Cash Advance is not available for PB-AIA Visa Gold Credit Card and/or PB-Petron Visa Gold Credit Card within the first 6 months (180 days) of cardmembership.
Appears in 1 contract
Samples: Cardmember Agreement
CARD FACILITY. 3.1 During its validity and subject to the terms and conditions of use herein set out as modified and stipulated by the Bank from time to time, the Card entitles the Cardmember to Credit Card Card-i facilities with the Bank within the Credit Line imposed by the Bank and subject to the expressed approval of the Bank.
3.2 The Card facilities for the Cardmember made available by the Bank from time to time at its absolute discretion include but is not limited to the following:
(i) The purchase of halal goods and/or services on credit from any Authorised Merchant; and
(ii) Cash Advance as set out under Clause 3.3 hereof;
3.3 The Cardmember shall obtain Cash Advance in such amount as may be acceptable to the BankBank from time to time at its absolute discretion, by the following means:
(i) Presenting presenting the Card at any branch of the Bank or of any member institution of Visa International/Mastercard Worldwide together with evidence of his identity and signing the necessary transaction record; or
(ii) Use use the Card at any ATM of the Bank or of any other bank or institution with whom the Bank has an arrangement for the use of the ATM of the said bank or institution. The In which case, the amount of such advances shall be subject to the applicable daily withdrawal limit of the ATM and shall be subject to verification by the Bank or any other bank or institution mentioned above. The amount so verified by the Bank or any other bank or financial institution shall be deemed to be the correct amount of the withdrawal so effected; or
(iii) Using using or presenting the Card to apply for Demand Drafts and/or Bankers Cheques to facilitate the purchasing of Initial Public Offer Shares (IPOS). The amount of each advance shall be limited to the Available Card Account Balance. Cash Advance allowable on credit line as follows: Day 1 :
(iv) The Bank has the right to end of 6th month 0% 7th month immediately suspend, cancel or terminate the card with/without prior notice and liability to 3rd year 50% 4th year onwards 100%the Cardmember in the event the Cardmember is found to use the Card for any unlawful activity and/or non Shariah compliant transactions including illegal and non Shariah compliant online banking transaction.
3.4 Cash Advance is not available for PB-AIA Visa Public Islamic Bank Visa/Mastercard Gold Credit Card and/or PBCard-Petron Visa Gold Credit Card i within the first 6 months (180 days) of cardmembership.
Appears in 1 contract
Samples: Cardmember Agreement
CARD FACILITY. 3.1 During its validity and subject to the terms and conditions of use herein set out as modified and stipulated by the Bank from time to time, the Card entitles the Cardmember to Credit Card facilities with the Bank within the Credit Line imposed by the Bank and subject to the expressed approval of the Bank.
3.2 The Card facilities made available by the Bank include but is not limited to the following:
(i) The purchase of goods and/or services on credit from any Authorised Merchant; and
(ii) Cash Advance as set out under Clause 3.3 hereof;
3.3 The Cardmember shall obtain Cash Advance in such amount as may be acceptable to the Bank, by the following means:
(i) Presenting the Card at any branch of the Bank or of any member institution of Visa International/Mastercard Worldwide together with evidence of his identity and signing the necessary transaction record; or
(ii) Use the Card at any ATM of the Bank or of any other bank or institution with whom the Bank has an arrangement for the use of the ATM of the said bank or institution. The amount of such advances shall be subject to the applicable daily withdrawal limit of the ATM and shall be subject to verification by the Bank or any other bank or institution mentioned above. The amount so verified by the Bank or any other bank or financial institution shall be deemed to be the correct amount of the withdrawal so effected; or
(iii) Using or presenting the Card to apply for Demand Drafts and/or Bankers Cheques to facilitate the purchasing of Initial Public Offer Shares (IPOS). The amount of each advance shall be limited to the Available Card Account Balance. Cash Advance allowable on credit line as follows: Day 1 to end of 6th month 0% 7th month to 3rd year 50% 4th year onwards 100%
3.4 Cash Advance is not available for PB-AIA Visa Gold Credit Card and/or PB-Petron Visa Gold Credit Card within the first 6 months (180 days) of cardmembership.
Appears in 1 contract
Samples: Cardmember Agreement
CARD FACILITY. 3.1 During its validity and subject to the terms and conditions of use herein set out as modified and stipulated by the Bank from time to time, the Card entitles the Cardmember to Credit Card facilities with the Bank within the Credit Line imposed by the Bank and subject to the expressed approval of the Bank.
3.2 The Card facilities for the Cardmember made available by the Bank from time to time at its absolute discretion include but is not limited to the following:
(i) The purchase of goods and/or services on credit from any Authorised Merchant; and
(ii) Cash Advance as set out under Clause 3.3 hereof;
3.3 The Cardmember shall obtain Cash Advance in such amount as may be acceptable to the BankBank from time to time at its absolute discretion, by the following means:
(i) Presenting the Card at any branch of the Bank or of any member institution of Visa International/Mastercard Worldwide together with evidence of his identity and signing the necessary transaction record; or
(ii) Use the Card at any ATM of the Bank or of any other bank or institution with whom the Bank has an arrangement for the use of the ATM of the said bank or institution. The In which case, the amount of such advances shall be subject to the applicable daily withdrawal limit of the ATM and shall be subject to verification by the Bank or any other bank or institution mentioned above. The amount so verified by the Bank or any other bank or financial institution shall be deemed to be the correct amount of the withdrawal so effected; or
(iii) Using or presenting the Card to apply for Demand Drafts and/or Bankers Cheques to facilitate the purchasing of Initial Public Offer Shares (IPOS). The amount of each advance shall be limited to the Available Card Account Balance. Cash Advance allowable on credit line as follows: Day 1 to end of 6th month 0% 7th month to 3rd year 50% 4th year onwards 100%
3.4 Cash Advance is not available for PB-AIA Visa Gold Credit Card and/or PB-Petron Visa Gold Credit Card within the first 6 months (180 days) of cardmembership.
Appears in 1 contract
Samples: Cardmember Agreement