Common use of Fixed Spending Limits Clause in Contracts

Fixed Spending Limits. 15.1 The fixed Spending Limit defined by Swiss- card applies to the Principal Card and Additional Cards combined. Swisscard may set a combined Spending Limit (global limit) for several Cards is- sued as a package (bundle). The Spending Limit is notified to the Customer in the declaration of ac- ceptance (see 2.2), appears on the monthly state- ment and, if applicable, in Swisscard’s Online Services, and can be requested from Swisscard’s customer service at any time. The limit on cash withdrawals may be lower than the fixed Spending Limit. 15.2 Debits to the Card Account reduce the avail- able balance under the fixed Spending Limit. The Customer may only use the Card up to the fixed Spending Limit. If the fixed Spending Limit is ex- ceeded, Swisscard may declare the amounts owed due and payable immediately.

Fixed Spending Limits. 15.1 The fixed Spending Limit defined by Swiss- card applies to the Principal Card and Additional Cards combined. Swisscard may set a combined Spending Limit (global limit) for several Cards is- sued issued as a package (bundle). The Spending Limit is notified to the Customer in the declaration of ac- ceptance acceptance (see 2.2), appears on the monthly state- ment statement and, if applicable, in Swisscard’s Online On- line Services, and can be requested from SwisscardSwiss- card’s customer service at any time. The limit on cash withdrawals may be lower than the fixed Spending Limit. 15.2 Debits to the Card Account reduce the avail- able balance under the fixed Spending Limit. The Customer may only use the Card up to the fixed Spending Limit. If the fixed Spending Limit is ex- ceededexceeded, Swisscard may declare the amounts owed due and payable immediately.