Card credit limit definition

Card credit limit. : shall mean the maximum credit limit approved for 1 customer for Vietcombank credit card issuance.
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Card credit limit means, for the Avion Visa Infinite Business, Avion Visa Business, Visa Business and Visa Business Gold card products only, the maximum amount of Debt that can remain outstanding and unpaid on a Card;
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Card credit limit means, for Visa Platinum Avion, Visa Business and Visa Business Gold Accounts only, the maximum amount that can remain outstanding and unpaid on a Card;
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Examples of Card credit limit in a sentence

  • However, we may (but are not required to, even if we have done so before) permit the amounts owing on a Card to exceed the Card Credit Limit.

  • If you consistently make late payments or no payments, we may reduce the Card Credit Limit for a particular Card and/or the Account Credit Limit, without notice.

  • We may, at any time, refuse to permit the amounts owing on a Card to exceed the Card Credit Limit and require you to pay any balances which exceed the Card Credit Limit.

  • We may change any Card Credit Limit from time to time, without notice.

  • The amounts owing on a Card must not exceed the Card Credit Limit.

  • It may take several days to adjust the available Card Credit Limit or Account Credit Limit depending on how payment is made.

  • We will tell you the Card Credit Limit on the documents accompanying each Card when it is issued, and on each Account Statement.

  • A payment is not credited to the Account and does not automatically adjust the available Card Credit Limit or Account Credit Limit until we have processed the payment.

  • If the amounts owing on a Card exceed the Card Credit Limit or the Debt outstanding on an Account exceeds the Account Credit Limit, we may suspend the right to use the Card or the Account, and all services we provided under this Agreement until the excess is paid in full.

  • When the amounts owing on a Card exceed the Card Credit Limit at any time during the Account Statement period, an Overlimit Fee will be charged to the Account.


More Definitions of Card credit limit

Card credit limit means the credit limit applicable to a card account.
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Related to Card credit limit

  • Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.

  • Credit Line as defined in Section 2.1.

  • Credit Card Advance Rate means 90%.

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.

  • Letter of Credit Maximum Amount means $5,000,000; provided that, on and after the Maturity Date, the Letter of Credit Maximum Amount shall be zero.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Facility Limit means $100,000,000 as reduced from time to time pursuant to Section 2.02(e). References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the sum of the Aggregate Capital plus the LC Participation Amount.