Common use of Credit and Cash Limits Clause in Contracts

Credit and Cash Limits. Your Summary of Rates and Fees shows your initial credit limit. We will also set a Cash Limit on your Account. Your statement shows your current credit limit and Cash Limit. We may lower your credit limit and/or Cash Limit at any time without prior notice. Your credit limit and Cash Limit apply to your Account, not individual Cards. Your Cash Limit is not additional credit above your credit limit. The Primary Cardholder is fully responsible for the Account, even if an Authorized User goes over an Authorized User Spending Limit or your Balance goes over the credit limit.

Credit and Cash Limits. Your Summary of Rates and Fees shows your initial credit limit. We will also set a Cash Limit on your Account. Your statement shows your current credit limit and Cash Limit. We may lower change your credit limit and/or Cash Limit at any time without prior notice. Your credit limit and Cash Limit apply to your Account, not individual Cards. Your Cash Limit is not additional credit above your credit limit. The Primary Cardholder is fully responsible for the Account, even if an Authorized User goes over an Authorized User Spending Limit or your Balance goes over the credit limit.