Common use of Limitation on Dollar Amount of Transactions Clause in Contracts

Limitation on Dollar Amount of Transactions. The balance available for authorizing purchases or cash withdrawals is the lesser of 1) the balance on your Card, or 2) dollar limitations. • Minimum withdrawal amount – Minimum withdrawals are subject to the method of withdrawal. • Maximum withdrawal amount – There is a maximum cash withdrawal amount of $1,000 per day (up to $1,500 per rolling 7-day period). This includes teller and ATM withdrawals, and cash-back transactions from merchants at the point of sale. Further dollar limitations may be imposed by specific ATMs or merchants. • Maximum spending amounts – There is a maximum daily spending limit of $3,000 (up to $10,000 per month). For security reasons, Commerce reserves the right to implement additional limits on the amount, number or type of transactions you can make using the Card.

Limitation on Dollar Amount of Transactions. The balance available for authorizing purchases or cash withdrawals is the lesser of 1) the balance on your CardAccount, or 2) dollar limitations. • Minimum withdrawal amount – Minimum withdrawals are subject to the method of withdrawal. • Maximum withdrawal amount – There is a maximum cash withdrawal amount of $1,000 per day (up to $1,500 per rolling 7-day period). This includes teller and ATM withdrawals, and cash-back transactions from merchants at the point of sale. Further dollar limitations may be imposed by specific ATMs or merchants. • Maximum spending amounts – There is a maximum daily spending limit of $3,000 (up to $10,000 per month). For security reasons, Commerce reserves the right to implement additional limits on the amount, number or type of transactions you can make using the Card.