Card Limit definition
Examples of Card Limit in a sentence
DBS may also refuse to authorise any transaction that the Cardmember or Cardholder wishes to effect even if such transaction would not cause the Card Limit to be exceeded.
The Cardholder shall not effect or attempt to effect any Card Transaction that would result in the Card Limit being exceeded.
The Card Limit will apply to all Point of Sale Transactions and/or Card Not Present Transactions.
In some cases it may be necessary for a Retailer to obtain specific authorisation from us for a particular transaction even though the amount of the transaction is within an Individual Credit Card Limit.
We may at any time reduce or cancel the Overall Credit Limit, the Individual Credit Card Limit or any undrawn part of either or both limits without cancelling the Agreement or card or if (a) you or the Cardholder breach any of these terms and conditions (b) we give you two months in writing.