Common use of CARD RESTRICTION Clause in Contracts

CARD RESTRICTION. 19.1 We own the Card and if we ask, you must cut the Card in half and return it to us. We, or anyone acting for us, may keep the Card at any time. For example, we may withdraw the Card and instruct any establishment to keep hold of it if you try to use it. 19.2 If we have a good reason (for example, if you break this Agreement or there is suspected fraud involving the Card, or if there is a change in how you operate the Account or in your financial circumstances, giving us reasonable grounds to believe that you may have difficulty meeting your commitments) and we consider it reasonably necessary, we may (i) suspend, withdraw or restrict the use of the Card and (ii) reduce the Credit Limit at any time. We will tell you before we take this action, or as soon as possible afterwards. 19.3 We may issue a replacement Card and change the Account number, for security purposes.

CARD RESTRICTION. 19.1 We own the Card and if we ask, you must cut the Card in half and return it to us. We, or anyone acting for us, may keep the Card at any time. For example, we may withdraw the Card and instruct any establishment to keep hold of it if you try to use it. 19.2 If we have a good reason (for example, if you break this Agreement or there is suspected fraud involving the Card, or if there is a change in how you operate the Account or in your financial circumstances, giving us reasonable grounds to believe that you may have difficulty meeting your commitments) and we consider it reasonably necessary, we may (i) suspend, withdraw or restrict the use of the Card and (ii) reduce the Credit Limit at any time. We will tell you before we take this action, or as soon as possible afterwards. 19.3 We may issue a replacement Card and change the Account number, for security purposes.and