Common use of CARD LIMIT Clause in Contracts

CARD LIMIT. We may set a Card spending limit in relation to each Card and/or an aggregate Card spending limit in relation to your Cards (where relevant). Where we have set an aggregate Card spending limit to your Cards, the total charges incurred under each Card by the Principal Cardmember and the Supplementary Cardmember(s) when added together at any time, must not exceed such aggregate Card spending limit. We may, at our sole and absolute discretion, review and revise any of your Card spending limits (including the aggregate Card spending limit) without notice. The Card spending limit set will apply to both your spending in Singapore Dollar and Foreign Currency if your Card tagged to a Designated Account for use in any and/or all Foreign Currency funds in the Designated Account. Where the Card spending limit is to apply to transaction made in both Singapore Dollar and Foreign Currency, the available Card spending limit shall be at the Singapore Dollar equivalent to that Singapore Dollar and Foreign Currency at the prevailing exchange rate on the day the spending in Foreign Currency is made. References to “Card spending limit” in this Clause 4 shall include, where relevant, the various Card spending limits in respect of various modes of usage of each Card (such modes including use of Digital Payment Service(s)) and usage of each of the Card Facilities as well as the aggregate Card spending limit in relation to your Cards.