Secondary Cardholders Clause Samples
The 'Secondary Cardholders' clause defines the rights and responsibilities of individuals who are authorized to use a credit or debit card account in addition to the primary account holder. Typically, this clause outlines how secondary cardholders are added, what transactions they are permitted to make, and the extent of their liability for charges incurred. For example, it may specify that the primary cardholder remains responsible for all payments, even those made by secondary users. The core function of this clause is to clarify the relationship and obligations between the primary and secondary cardholders, thereby preventing disputes and ensuring all parties understand their roles.
Secondary Cardholders. (a) Upon Card purchase, or thereafter by visiting ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇▇ and choosing “Secondary Cardholder” and following the prompts, you may elect to appoint up to two other persons as secondary cardholders (“Secondary Cardholder”) for your Account. A Card with a different Card number will be issued in the Secondary Cardholder’s name and will be sent to the Secondary Cardholder. A Card issued to a Secondary Cardholder is a “Card” as defined herein and such Card will have full access to the funds associated with the Account. If the Secondary Cardholder is of legal age, they will be considered a joint owner of the Card Account. If a Secondary Cardholder is a minor, they will be considered an authorized user.
(b) The Primary Cardholder and the Secondary Cardholder(s) are each subject to the terms and conditions of this Agreement and the Account owner(s) are fully responsible for all of the transactions made using the Cards by any other owner or authorized user and for each such person’s compliance with this Agreement. As used herein, Secondary Cardholder includes both an authorized user of an Account or a joint owner of an Account appointed by the Primary Cardholder.
Secondary Cardholders. You may request an additional card for a spouse and/or dependent who is on your health plan. If you give anyone else access to your Card, we will treat any transaction they initiate as authorized by you, and you will be responsible for all transactions and fees that occur.
Secondary Cardholders. You will not permit another person to have access to the Card or Card-related numbers. However, you may request an additional Card for another person (“Secondary Cardholder”) subject to our requirements and prior approval. If approved, we will provide the Secondary Cardholder with a separate Card linked to your Card. Any value added to either Card may be accessed by both Cards. Secondary Cardholders do not have an ownership interest in the funds on the linked Cards, but may use the Card as provided in this Agreement, request certain Card information and request to have their Card closed. You agree that we may process all transactions by any Secondary Cardholder as authorized by you without further inquiry and may deduct all such amounts from the Cards, including any fees. Transactions by Secondary Cardholders will be combined with yours for purposes of the overall Card transaction limits. You may cancel a Secondary Cardholder’s Card by calling us or notifying us in writing and by destroying that person’s Card. The Card will be charged for all Card transactions by the Secondary Cardholder until we have had a reasonable period of time to respond to the request, even if the transactions do not appear on the Card until a later time. If you are unable to destroy the Secondary Cardholder’s Card(s) and you contact us at ▇-▇▇▇-▇▇▇-▇▇▇▇ to close their Card, your Card may also have to be closed. You may then apply for a new Card.