Common use of Minimum Income Clause in Contracts

Minimum Income. 5.1 The minimum income (fixed plus proven variable income) of individual Account Holder is as follows or such higher income requirements as the Bank may determine at its absolute discretion. Classic – RM24,000 per annum Gold – RM48,000 per annum Platinum – RM100,000 per annum 5.2 The Bank may at its sole and absolute discretion issue Cards to a person who is unable to prove his annual income, but meets the minimum age requirement, by requiring the Account Holder to place a fixed deposit of an amount equivalent to the credit limit granted to such person. The fixed deposit shall be maintained with the Bank for as long as the credit card facility is available.

Appears in 9 contracts

Samples: Cardmember Agreement, Cardmember Agreement, Cardmember Agreement

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Minimum Income. 5.1 The minimum income (fixed plus proven variable income) of individual Account Holder is as follows or such higher income requirements as the Bank may determine at its absolute discretion. Classic – RM24,000 per annum Gold – RM48,000 RM60,000 per annum Platinum – RM100,000 RM120,000 per annum 5.2 The Bank may at its sole and absolute discretion issue Cards to a person who is unable to prove his annual income, but meets the minimum age requirement, by requiring the Account Holder to place a fixed deposit of an amount equivalent to the credit limit granted to such person. The fixed deposit shall be maintained with the Bank for as long as the credit card facility is available.

Appears in 2 contracts

Samples: Cardmember Agreement, Cardmember Agreement

Minimum Income. 5.1 The minimum income (fixed plus proven variable income) of individual Account Holder is as follows or such higher income requirements as the Bank may determine at its absolute discretion. Classic – RM24,000 per annum Gold – RM48,000 per annum Platinum – RM100,000 per annum 5.2 The Bank may at its sole and absolute discretion issue Cards to a person who is unable to prove his annual income, but meets the minimum age requirement, by requiring the Account Holder to place a fixed deposit of an amount equivalent to the credit limit granted to such person. The fixed deposit shall be maintained with the Bank for as long as the credit card facility is available.

Appears in 1 contract

Samples: Cardmember Agreement

Minimum Income. 5.1 The minimum income (fixed plus proven variable income) of individual Account Holder is as follows or such higher income requirements as the Bank may determine at its absolute discretionitsdiscretion. Classic – RM24,000 per annum Gold – RM48,000 RM60,000 per annum Platinum – RM100,000 RM120,000 per annum 5.2 The Bank may at its sole and absolute discretion issue Cards to a person who is unable to prove his annual income, but meets the minimum age requirement, by requiring the Account Holder to place a fixed deposit of an amount equivalent to the credit limit granted to such person. The fixed deposit shall be maintained with the Bank for as long as the credit card facility is available.

Appears in 1 contract

Samples: Cardmember Agreement

Minimum Income. 5.1 The minimum income (fixed plus proven variable income) of individual Account Holder is as follows or such higher income requirements as the Bank may determine at its absolute discretion. Classic – RM24,000 RM 24,000 per annum Gold – RM48,000 RM 60,000 per annum Platinum – RM100,000 RM 120,000 per annum 5.2 The Bank may at its sole and absolute discretion issue Cards to a person who is unable to prove his annual income, but meets the minimum age requirement, by requiring the Account Holder to place a fixed deposit of an amount equivalent to the credit limit granted to such person. The fixed deposit shall be maintained with the Bank for as long as the credit card facility is available.

Appears in 1 contract

Samples: Cardmember Agreement

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Minimum Income. 5.1 The minimum income (fixed plus proven variable income) of individual Account Holder is as follows or such higher income requirements as the Bank may determine at its absolute discretionitsdiscretion. Classic – RM24,000 per annum Gold – RM48,000 per annum Platinum – RM100,000 per annum 5.2 The Bank may at its sole and absolute discretion issue Cards to a person who is unable to prove his annual income, but meets the minimum age requirement, by requiring the Account Holder to place a fixed deposit of an amount equivalent to the credit limit granted to such person. The fixed deposit shall be maintained with the Bank for as long as the credit card facility is available.

Appears in 1 contract

Samples: Cardmember Agreement

Minimum Income. 5.1 The minimum income (fixed plus proven variable income) of individual Account Holder is as follows or such higher income requirements as the Bank may determine at its absolute discretionitsdiscretion. Classic – RM24,000 per annum Gold – RM48,000 RM60,000 per annum Platinum – RM100,000 RM120,000 per annum 5.2 The Bank may at its sole and absolute discretion issue Cards to a person Person who is unable to prove his annual income, but meets the minimum age requirement, by requiring the Account Holder to place a fixed deposit of an amount equivalent to the credit limit granted to such person. The fixed deposit shall be maintained with the Bank for as long as the credit card facility is available.

Appears in 1 contract

Samples: Cardmember Agreement

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