Secured Credit Card definition

Secured Credit Card means RBL Bank Credit Card issued by RBL Bank to the Cardholder against the fixed deposit maintained by the Cardholder with RBL Bank.
Secured Credit Card means any credit card issued under an agreement or other instrument that pledges, hypothecates, or places a lien on real property or money or other personal property to secure the cardholder’s obligations to the card issuer.
Secured Credit Card means any Card issued and secured by a fixed deposit pledged in favour of the Bank by the Cardholder as collateral, and where the context so requires shall include a Supplementary Card;

Examples of Secured Credit Card in a sentence

  • The relationship created hereunder and under the other Credit Documents, the Secured Hedging Agreements, the Secured Credit Card Agreements, the Existing Senior Notes Documents, the New Senior Notes Documents and the Refinancing Senior Notes Documents is that of creditor/debtor.

  • The occurrence of (i) an “Event of Default” under and as defined in the Credit Agreement, (ii) any “event of default” under the Existing Senior Notes Documents, the New Senior Notes Documents or the Refinancing Senior Notes Documents and (iii) any payment default, after any applicable grace period, under any Secured Credit Card Agreement or any Secured Hedging Agreement shall constitute an Event of Default (each, an “Event of Default”) hereunder.

  • Each outstanding Emerald Advance, Unsecured Credit Card Receivable and Secured Credit Card Receivables originated by HRB Bank has been, or will be prior to the Closing, fully participated to an H&R Block Affiliate in a participation arrangement that meets GAAP requirements for de-recognition of assets.

  • Green Tree may offer a Secured Credit Card -------------------------- option under the Program.

  • Green Tree and U.S. Remodelers shall mutually agree on the commencement date of the Secured Credit Card option.


More Definitions of Secured Credit Card

Secured Credit Card. : means the Credit Card with the credit limit that is secured with collateral such as the Time Deposit.
Secured Credit Card means ICICI Bank Secured Credit Card issued by ICICI Bank to the Cardholder against the Fixed Deposit maintained by the Cardholder with ICICI Bank.
Secured Credit Card means a Credit Card which is secured by a mortgage or deed of trust on the Accountholders' primary residence, where allowed by law, granted by the Accountholders and any other persons required by state law to perfect a valid security instrument, in favor of Green Tree.
Secured Credit Card means Tamilnad Mercantile Bank Secured Credit Card/ Tamilnad Mercantile Bank Platinum Credit Card issued by Tamilnad Mercantile Bank to the Cardholder against the Fixed Deposit maintained by the Cardholder either singly or jointly with Second Fixed Deposit Holder, with Tamilnad Mercantile Bank.
Secured Credit Card. : means the Credit Card with the credit limit that is secured with
Secured Credit Card. A credit card that is connected to a savings account that has already been established by the borrower. The credit limit offered on this type of credit card is determined by the amount present in the account to which it is linked. More on how to apply for a secured credit card, and the difference between secured and unsecured credit cards.
Secured Credit Card includes any Card as well as a Supplementary Card;