Card Product definition
Examples of Card Product in a sentence
For each Commercial Card Product selected by the Customer, Royal Bank will set a Customer Account Credit Limit.
The Card Facility Credit Limit represents the amount of maximum credit available for all Customer Accounts and Business Card Product account(s), collectively.
The Customer must observe the Card Facility Credit Limit, or the Total Credit Limit when applicable, such that the aggregate Debt under all of the Customer Accounts, if more than one, and the Business Card Product account(s), if any, must not exceed the Card Facility Credit Limit, or the Total Credit Limit when applicable.
If the Commercial Card Product earns the Customer a certain percentage of the total amount of eligible net Purchases charged to the Customer Account annually, the Customer acknowledges that the Customer’s participation in the “Cash Back program” is subject to the RBC Cash Back Terms and Conditions, which are available for review at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/credit-cards/documentation.html.
If the Commercial Card Product earns RBC Rewards points, which can be redeemed for merchandise, travel and other rewards, the Customer acknowledges that the Relevant Party’s participation in the “RBC Rewards program” is subject to the RBC Rewards Terms and Conditions, which are available for review at ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇.
Any increase to one or more Customer Account Credit Limit(s) is possible as long as the sum of all Customer Account Credit Limits and Business Card Product account(s) credit limits remains less than, or equal to, the Card Facility Credit Limit, or the Total Credit Limit when applicable.
Conversion For Overseas Transactions Refer to Card Product Disclosure Sheet.
In the event of a conflict between this Agreement and the Card Program Documents, this Agreement shall control, except as follows: (i) in the event of a conflict between this Agreement and the Visa Rules, the Visa Rules shall control; and (ii) in the event of a conflict between this Agreement and Appendix 2 or the Terms of Use with respect to a particular Card Product, Appendix 2 or such Terms of Use shall control solely with respect to the terms and conditions for such Card Product.
If Client is dissatisfied with any portion of a Card Product, or with any Terms of Use, Client’s sole and exclusive remedy is to discontinue using the Card Product.
If Client elects a particular Card Product, Client is bound by the applicable Card Product terms in Appendix 2 and the applicable Terms of Use (regardless of whether Client separately executes such Terms of Use).