Private label credit card definition

Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.
Private label credit card means a charge card or
Private label credit card means a Credit Card bearing Retailer’s name or logo for use by Cardholders designated by Bank to make purchases exclusively through Retailer Sales Channels.

Examples of Private label credit card in a sentence

  • Similarly, if an account has been closed for new activity (for example, due to default by the cardholder), but the cardholder is still making payments to pay off the outstanding balance, the account is considered open.58(b)(8) Private label credit card account and private label credit card plan.1. Private label credit card account.

  • Private label credit card receivables were up slightly from last year.

  • Private label credit card sales accounted for 29%, 29% and 33% of our net sales in fiscal 2011, 2010 and 2009, respectively.

  • Similarly, if an account has been closed for new activity (for example, due to default by the cardholder), but the cardholder is still making payments to pay off the outstanding balance, the account is considered open.58(b)(7) Private label credit card account and private label credit card plan.

  • Private label credit card transactions are processed and accounted for in the same manner as any other third party credit card (i.e., Visa, Mastercard) transaction.


More Definitions of Private label credit card

Private label credit card means a consumer credit card that bears a Company Licensed Xxxx and may be used to access a Private Label Account.
Private label credit card means a charge card or credit card that carries, refers to, or is branded with the name or logo of a retailer and may only be used to make purchases from that retailer or that retailer's affiliates.
Private label credit card or “Credit Card” means a card issued by Bank to a Cardholder in connection with the Program which bears a Kohl’s Licensed Xxxx and may be used to finance purchases of Goods and/or Services.
Private label credit card means a credit card that bears the Company’s trademark and/or logo and is issued and administered pursuant to the Private Label Credit Card Agreements.
Private label credit card means a Credit Card that may be used solely to finance: (i) purchases of Goods and Services through any Company Channel; and (ii) Approved Ancillary Products.
Private label credit card means a consumer Credit Card that bears a Company Licensed Mark and may be used to access a Private Label Account.
Private label credit card means any charge card or credit card that identifies a seller’s name or logo on the card and that may be used only for purchases from that seller or from any of the seller’s affiliates or franchisees.