Secured Credit Card Account definition

Secured Credit Card Account means each open-end credit account that is accessed by a credit card established pursuant to a cardholder agreement between HRB Bank and any individual, that is secured by a Deposit.
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Secured Credit Card Account means each open-end credit account that is accessed by a credit card established pursuant to acardholder agreement between HRB Bank and any individual, that is secured by a Deposit.
Sample 1

Examples of Secured Credit Card Account in a sentence

  • In the event that the Applicant has an existing term deposit with the Bank, the term deposit amount will be linked to the Applicant's Secured Credit Card Account and the term deposit will be converted into an auto-renewal mode with immediate effect.

  • WITHDRAWALS – You may not withdraw or transfer funds from the Deposit Account other than by our refund to you of any amounts of your Deposit remaining in the Deposit Account after your Secured Credit Card Account is closed and all amounts you owe on that Account or otherwise owe under the Cardholder Agreement are paid in full and the time period restrictions provided for in the “Security Interest” section of the Cardholder Agreement have been satisfied.

  • The plan includes enrollment, risk management and other support services related to your Employer's Benefit Program.

  • If you sign the Deposit Agreement or open or continue to have your Deposit or Secured Credit Card Account with us, you agree to these rules.

  • The word "Account" means the VISA Classic or VISA Classic Secured Credit Card Account established for You under this Agreement.

  • The TCU VISA® Accelerate - Secured Credit Card Account Agreement contains important information related to consumer credit cards issued by TCU.

  • You may not withdraw or transfer funds from the Deposit Account other than by our refund to you of any amounts of your Deposit remaining in the Deposit Account, after your Secured Credit Card Account is closed and all amounts you owe on that Account or otherwise owe under the Cardholder Agreement are paid in full and the time period restrictions provided for in the “Security Interest” section of the Cardholder Agreement have been satisfied.

  • The TCU Accelerate Secured Credit Card Account Security Agreement contains the terms under which you grant us a security interest in your TCU share Account.

  • Also, upon graduation, if less than a year has passed since you paid your last annual fee on the Secured Credit Card Account, we will refund a prorated amount of that annual fee according to the number of cycles left in the year following that annual fee.

  • This Article XII shall not limit the right of the corporation, to the extent and in the manner permitted by law, to indemnify and to advance expenses to persons other than Covered Persons when and as authorized by appropriate corporate action.

Related to Secured Credit Card Account

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Credit Card Agreement means each form of credit card agreement between Seller and an Accountholder, including credit card agreements assigned to Seller pursuant to any purchase agreement, governing the use of an Account, together with any amendments, modifications, supplements, notices, disclosures, exhibits, annexes or attachments which now or hereafter may be made to or in connection with such Credit Card Agreement (and any replacement of such agreement).

  • Linked Account means any controlled disbursement account or other deposit account at any time linked to any of the Collection Accounts maintained at Truist Financial Corp. by a zero balance account connection or other automated funding mechanism.

  • Credit/Debit Card means a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.

  • Credit Card Advance Rate means 90%.

  • Eligible Credit Card Receivables means at the time of any determination thereof, each Credit Card Receivable that satisfies the following criteria at the time of creation and continues to meet the same at the time of such determination: such Credit Card Receivable (i) has been earned by performance and represents the bona fide amounts due to a Borrower from a credit card payment processor and/or credit card issuer, and in each case originated in the ordinary course of business of such Borrower, and (ii) is not ineligible for inclusion in the calculation of the Borrowing Base pursuant to any of clauses (a) through (k) below. Without limiting the foregoing, to qualify as an Eligible Credit Card Receivable, an Account shall indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included, the face amount of an Account shall be reduced by, without duplication, to the extent not reflected in such face amount, (i) the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges or other allowances (including any amount that a Borrower may be obligated to rebate to a customer, a credit card payment processor, or credit card issuer pursuant to the terms of any agreement or understanding (written or oral)) and (ii) the aggregate amount of all cash received in respect of such Account but not yet applied by the Loan Parties to reduce the amount of such Credit Card Receivable. Any Credit Card Receivables meeting the foregoing criteria shall be deemed Eligible Credit Card Receivables but only as long as such Credit Card Receivable is not included within any of the following categories, in which case such Credit Card Receivable shall not constitute an Eligible Credit Card Receivable:

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s or Guarantor’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Collection Accounts As defined in Section 3.10(a).

  • Note Account As defined in the Indenture.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Credit Card Agreements means all agreements now or hereafter entered into by any Borrower or any Guarantor for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, including, but not limited to, the agreements set forth on Schedule 8.16 hereto.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.