Limitations on Using Your Card Account Sample Clauses
The 'Limitations on Using Your Card Account' clause defines the restrictions and boundaries placed on how a cardholder may use their credit or debit card account. It typically outlines prohibited activities, such as using the card for illegal transactions, exceeding credit limits, or allowing unauthorized users access. By clearly specifying these limitations, the clause helps prevent misuse of the account, protects both the cardholder and issuer from potential fraud or liability, and ensures compliance with legal and regulatory requirements.
Limitations on Using Your Card Account. You agree to use your Card Account only for personal, family, or household purposes. You also promise that your Card Account will not be used for purposes that are illegal under state or federal law, including without limitation illegal gambling activity. We reserve the right to deny transactions or authorizations from merchants that appear to be engaged in illegal activities. We are not responsible if anyone does not allow you to use your Card Account or refuses to accept your Card. We may decline any transaction at any time.