Common use of CREDIT CARD CONVENIENCE CHECKS Clause in Contracts

CREDIT CARD CONVENIENCE CHECKS. You may use Credit Card Convenience Checks supplied by the Credit Union to make purchases and to obtain cash advances from your credit card account. The Convenience Checks can be used just like checks for a demand deposit (checking) account, except that the Credit Union need not honor checks that would cause your account balance to exceed your established credit limit. You may not use these checks to make minimum monthly payments on your account. You agree that any authorized user of your account whose signature is on file with us may request that we stop payment on any Convenience Check. We need not stop payment on any check after accepting, certifying, or paying the check. You agree that we may suspend your right to use these checks at any time without notice. We will not be liable for any loss that results from dishonor of any outstanding check if your right to use these checks is suspended.

CREDIT CARD CONVENIENCE CHECKS. You may use Credit Card Convenience Checks supplied to you by the Credit Union to make purchases and to obtain cash advances from your credit card account. The Credit Card Convenience Checks can be used just like checks for a demand deposit (checking) account, except that the Credit Union need not honor checks that would cause your account balance to exceed your established credit limit. You may not use these checks to make minimum monthly payments on your account. You agree that any authorized user of your account whose signature is on file with us may request that we stop payment on any Credit Card Convenience Check. We need not stop payment on any check after accepting, certifying, or paying the check. You agree that we may suspend your right to use these checks at any time without notice. We The Credit Union will not be liable for any loss that results from dishonor of any outstanding check if your right to use these checks is suspended.