Common use of Debit Card Limits Clause in Contracts

Debit Card Limits. You may also use your Card to pay for goods or services at merchants who accept Mastercard® cards in a total aggregate amount of $4,000.00 per day, per Card. Your Card dollar amount limitations are further limited by the available balance in your Account. The available balance in the applicable Account may be debited immediately or it may be reduced by the amount of any transactions from which any merchant has received authorization from us, even if the documentation evidencing the transaction has not yet been received and processed by us. (Merchants are not required to obtain authorization for all transactions.) You should treat all card transactions as immediate withdrawals from your Account and reflect them as such in your personal records.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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