Card Credit Limit definition

Card Credit Limit. : shall mean the maximum credit limit approved for 1 customer for Vietcombank credit card issuance.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

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;

Card Credit Limit means the credit limit applicable to a card account.

Examples of Card Credit Limit in a sentence

• The Card Carrier enclosing the Card shows the credit limit that is applicable to your Card ("Credit Limit").

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

• If however, the credit limit of the Principal Cardmember is reduced such that the Supplementary Card Credit Limit is higher, the Credit Limit of the Supplementary Cardmember will be reduced accordingly.

• For an increase in the Supplementary Credit Card Credit Limit, the Principal Cardmember must have consented to the increase in the Supplementary Credit Card Credit Limit and the Bank must approve of such increase.

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

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

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

• 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.

• 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.

• Card Credit Limit: It is the maximum limit of the available amount by which the bank allows the customer to obtain goods or services and/or withdraw cash in accordance with the terms and conditions of this agreement.

More Definitions of Card Credit Limit

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;

Card Credit Limit means the amount of Charges and Fees to which a Card Account can be limited by the Bank.

Card Credit Limit means the total dollar amount of Card Transactions that cannot be exceeded at any given time by Customer under the Card Master Account(s), including all other charges, fees, interest, and costs assessed to the Card Master Accounts.