Common use of Checking Overdraft Protection Clause in Contracts

Checking Overdraft Protection. This VISA Credit Line also allows you to overdraft your checking account for any lawful purpose except for payment to this VISA Credit Card account and shall be subject to service charges in accordance with the rate schedules disclosed in the VISA Credit Card Application, VISA Credit Approval Letter, and/or VISA Credit Card Disclosure Statement and Agreement. We will credit to your checking account, in multiples of $50, an amount (the advance) sufficient to permit us to honor such check. Such credit advances are considered by us as cash advances and are subject to the terms and conditions concerning cash advances in this Agreement.

Checking Overdraft Protection. This VISA Credit Line also allows you to overdraft your checking account for any lawful purpose except for payment to this VISA Credit Card account and shall be subject to service charges in accordance with the rate schedules disclosed in the VISA Credit Card Application, VISA Credit Approval Letter, and/or VISA Credit Card Disclosure Statement and Agreementaccount. We will credit to your checking account, in multiples of $50, an amount (the advance) sufficient to permit us to honor such check. Such credit advances are considered by us as cash advances and are subject to the terms and conditions concerning cash advances in this Agreement.