World Elite Mastercard Revolve Line Sample Clauses
The 'World Elite Mastercard Revolve Line' clause defines the terms and conditions under which a cardholder can carry a balance from month to month on their World Elite Mastercard account. This clause typically outlines the applicable interest rates, minimum payment requirements, and any fees associated with revolving credit. For example, it may specify how interest is calculated on unpaid balances and what happens if only the minimum payment is made. Its core practical function is to inform cardholders of their rights and obligations when using the revolving credit feature, ensuring transparency and helping them manage their credit responsibly.
World Elite Mastercard Revolve Line. Amounts over your Revolve Line may be referred to as a non-revolving line. The Revolve Line is the maximum amount upon which you may defer payment on your account, subject to the minimum required payment that must always be paid on time. There is no pre-set spending limit for your account. With no pre- set spending limit, you have the flexibility to make purchases in excess of your stated Revolve Line. However, having a no pre-set spending limit does not mean unlimited spending. Instead, each charge is evaluated based on the spending and payment patterns on the account, merchant type, information from consumer credit reports obtained from credit bureaus including your experience with other creditors, and our understanding of your resources. Without limiting the foregoing, we may also decline an authorization request for any transaction at any time as described in the paragraph of this Agreement called "Authorizing Transactions.” We may also request additional information from you at any time to evaluate a transaction request or your use of the account in general. In addition, all of the provisions above in this section apply. Your World/World Elite Mastercard account may provide additional benefits and features and may have additional charges that will be described in separate documentation for the World/World Elite Mastercard program, all of which is incorporated by this reference. You authorize us to enroll you in benefits and programs that we may offer from time to time associated with your account, including without limitation benefits and programs that we offer exclusively to holders of World/World Elite Mastercard accounts. Accessing some of the benefits and services under the World/World Elite Mastercard program may involve charges to your account. You are responsible for all such charges, even if your account has been closed for any reason.
World Elite Mastercard Revolve Line. Amounts over your Revolve Line may be referred to as a non-revolving line. The Revolve Line is the maximum amount upon which you may defer payment on your account, subject to the minimum required payment that must always be paid on time. There is no pre-set spending limit for your account. With no pre-set spending limit, you have the flexibility to make purchases in excess of your stated Revolve Line. However, having a no pre-set spending limit does not
World Elite Mastercard Revolve Line. Amounts over your Revolve Line may be referred to as a non-revolving line. The Revolve L in e is the maximum amount upon which you may defer payment on your account, subject to the minimum required payment that must always be paid on time. There is no pre-set spending limit for your account. With n o p re - set spending limit, you have the flexibility to make purchases in excess of your stated Revolve Line. However, having a no pre-set spending limit does not mean unlimited spending. Instead, each charge is evaluated based o n the spending and payment patterns on the account, merchant type, information from consumer credit reports obtained from credit bureaus including your experience with other creditors, and our understanding of your resources. Without limiting the foregoing, we may also decline an authorization request for any transaction at any time as described in the paragraph of this Agreement called "Authorizing Transactions.” We may also request additional information from you at any time to evaluate a transaction request or your use of the account in general. In addition, al l o f the provisions above in this section apply. Your World/World Elite Mastercard account may provide additional benefits and features a n d ma y have additional charges that will be described in separate documentation for the World/World Elite Mastercard program, all of which is incorporated by this reference. You authorize us to enroll you in benefits and programs that we may offer from time to time associated with your account, including without limitation benefits and programs that we offer exclusively to holde rs of World/World Elite Mastercard accounts. Accessing some of the benefits and services under the World/World Elite Mastercard program may in vo lve charges to your account. You are responsible for all such charges, even if your account has been closed for any reason.
World Elite Mastercard Revolve Line. Amounts over your Revolve Line may be referred to as a non-revolving line. The Revolve Line is the maximum amount upon which you may defer payment on your account, subject to the minimum required payment that must always be paid on time. There is no pre-set spending limit for your account. With no pre-set spending limit, you have the flexibility to make purchases in excess o f yo u r stated Revolve Line. However, having a no pre-set spending limit does no t mean unlimited spending. Instead, each charge is evaluated based on th e spending and payment patterns on the account, merchant type, informatio n from consumer credit reports obtained from credit bureaus including your experience with other creditors, and our understanding of your re so u rce s. Without limiting the foregoing, we may also decline an authorization request for any transaction at any time as described in the paragraph of this Agreement called "Authorizing Transactions." We may also request additional information from you at any time to evaluate a transaction request or your use of the account in general. In addition, all of the provisions above in this section apply. Your World Elite Mastercard account may provide additional benefits and features and may have additional charge s th at will be described in separate documentation for the World Elite Mastercard program, all of which is incorporated by this reference. You authorize us to enroll you in benefits and programs that we may offer from time to time associated with your account, including without limitation benefits and
World Elite Mastercard Revolve Line. Amounts over your Revolve Line may be referred to as a non-revolving line. The Revolve Line is the maximum amount upon which you may defer payment on your account, subject to the minimum required payment that must always be paid on time.