Types of Transactions. Purchases You may make purchases of goods and services with your account. You may make such purchases up to the amount of your available credit limit. Balance Transfers & Cash Advances Not Available ● We will establish an overall credit limit for your account. The credit limit will be listed in the documents given with this Agreement and on each statement. ● We may raise or lower your credit limit at any time. You agree to not let your account balance exceed your credit limit. ● If your account balance exceeds your credit limit, you agree to immediately pay the amount needed to reduce the outstanding account balance to your credit limit. ● To protect you and us from fraud, risk, loss, or unauthorized charges, we may limit or delay the availability of credit on your account. Transactions fall into one of five main Balance Categories listed below. Balance Categories may or may not be available for each account: “Purchases” These are purchases of goods and services you make with your account. These will exclude purchase under the Eligible Purchases Balance Category.
Appears in 6 contracts
Samples: Cardmember Agreement, Cardmember Agreement, Cardmember Agreement
