Common use of UMB Credit Card Overdraft Protection Clause in Contracts

UMB Credit Card Overdraft Protection. If you have applied for, and we have approved you for, our UMB Credit Card Overdraft Protection service, the maximum dollar amount of overdraft coverage will be your unused credit limit for cash advances from the UMB Credit Card that you designated to provide your overdraft coverage. If we advance funds from your designated UMB Credit Card to cover your overdraft(s), then a service fee (as specified in our Schedule of Service Fees and Charges) will be charged to your designated UMB Credit Card. Funds advanced from your UMB Credit Card will be subject to finance charges, and other fees and charges also may apply, as provided in your designated UMB Credit Card account agreement. The UMB Credit Card Overdraft Protection service also is subject to separate terms and conditions we provide to you, including minimum advance requirements. If you are enrolled in our Debit Card Overdraft Authorization and Enrollment service, you cannot also obtain overdraft coverage under the UMB Credit Card Overdraft Protection service. If you are enrolled in our UMB Credit Card Overdraft Protection service and there is insufficient overdraft coverage available under that service to cover the amount of an overdraft, then we have the right to either (i) decline to pay the item that would create the overdraft and return it unpaid or (ii) pay the item by advancing any funds available under credit limit for cash advances from your designated UMB Credit Card to your account and create an overdraft. If we decline to pay the item, we will assess and debit an insufficient funds charge (as specified in our Schedule of Service Fees and Charges) against your account unless the item is a “one-time” (“everyday”) debit card transaction. If we elect to pay the item, (a) the advance of funds available under your UMB Credit Card will be subject to a service fee (as specified in our Schedule of Service Fees and Charges) and (b) we also will assess and debit an overdraft charge (as specified in our Schedule of Service Fees and Charges) against your account unless the item creating the overdraft is a “one-time” (“everyday”) debit card transaction.

UMB Credit Card Overdraft Protection. If you have applied for, and we have approved you for, our UMB Credit Card Overdraft Protection service, the maximum dollar amount of overdraft coverage will be your unused credit limit for cash advances from the UMB Credit Card that you designated to provide your overdraft coverage. If we advance funds from your designated UMB Credit Card to cover your overdraft(s), then a service fee (as specified specified in our Schedule of Service Fees and Charges) will be charged to your designated UMB Credit Card. Funds advanced from your UMB Credit Card will be subject to finance finance charges, and other fees and charges also may apply, as provided in your designated UMB Credit Card account agreement. The UMB Credit Card Overdraft Protection service also is subject to separate terms and conditions we provide to you, including minimum advance requirements. If you are enrolled in our Debit Card Overdraft Authorization and Enrollment service, you cannot also obtain overdraft coverage under the UMB Credit Card Overdraft Protection service. If you are enrolled in our UMB Credit Card Overdraft Protection service and there is insufficient overdraft coverage available under that service to cover the amount of an overdraft, then we have the right to either (i) decline to pay the item that would create the overdraft and return it unpaid or (ii) pay the item by advancing any funds available under credit limit for cash advances from your designated UMB Credit Card to your account and create an overdraft. If we decline to pay the item, we will assess and debit an insufficient funds charge (as specified specified in our Schedule of Service Fees and Charges) against your account unless the item is a “one-time” (“everyday”) debit card transaction. If we elect to pay the item, (a) the advance of funds available under your UMB Credit Card will be subject to a service fee (as specified specified in our Schedule of Service Fees and Charges) and (b) we also will assess and debit an overdraft charge (as specified specified in our Schedule of Service Fees and Charges) against your account unless the item creating the overdraft is a “one-time” (“everyday”) debit card transaction.

UMB Credit Card Overdraft Protection. If you have applied for, and we have approved you for, our UMB Credit Card Overdraft Protection service, the maximum dollar amount of overdraft coverage will be your unused credit limit for cash advances from the UMB Credit Card that you designated to provide your overdraft coverage. If we advance funds from your designated UMB Credit Card to cover your overdraft(s), then a service fee (as specified in our Schedule of Service Fees and Charges) will be charged to your designated UMB Credit Card. Funds advanced from your UMB Credit Card will be subject to finance charges, and other fees and charges also may apply, as provided in your designated UMB Credit Card account agreement. The UMB Credit Card Overdraft Protection service also is subject to separate terms and conditions we provide to you, including minimum advance requirements. If you are enrolled in our Debit Card Overdraft Authorization and Enrollment service, you cannot also obtain overdraft coverage under the UMB Credit Card Overdraft Protection service. If you are enrolled in our UMB Credit Card Overdraft Protection service and there is insufficient overdraft coverage available under that service to cover the amount of an overdraft, then we have the right to either (i) decline to pay the item that would create the overdraft over- draft and return it unpaid or (ii) pay the item by advancing any funds available under credit limit for cash advances from your designated UMB Credit Card to your account and create an overdraft. If we decline to pay the item, we will assess and debit an insufficient funds charge (as specified in our Schedule of Service Fees and Charges) against your account unless the item is a “one-time” (“everyday”) debit card transaction. If we elect to pay the item, (a) the advance of funds available under your UMB Credit Card will be subject to a service fee (as specified in our Schedule of Service Fees and Charges) and (b) we will also will assess and debit an overdraft charge (as specified in our Schedule of Service Fees and Charges) against your account unless the item creating the overdraft is a “one-time” (“everyday”) debit card transaction.