Common use of World Elite Mastercard Revolve Line Clause in Contracts

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.

Appears in 2 contracts

Sources: Credit Card Agreement, Credit Card Agreement

World Elite Mastercard Revolve Line. Amounts over your Revolve Line may be referred to as a non-revolving line. The Revolve L in e 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 n o p re - no pre-set spending limit, you have the flexibility to make purchases in excess of your o f yo u r 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 on th e spending and payment patterns on the account, merchant type, information informatio n from consumer credit reports obtained from credit bureaus including your experience with other creditors, and our understanding of your resources. 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 section of this Agreement called "Authorizing Transactions." We may also request additional information from you at any time to evaluate a transaction request or your reque st o r yo u r use of the account in general. In addition, al l o f all of the provisions above in this th is section apply. Your World/World Elite Mastercard account may provide additional additio n al benefits and features a n d ma y and may have additional charges cha rges 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 u s 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 holders of World/World Elite Mastercard accounts. Accessing some of the benefits and services under the World/World Elite Mastercard program may in vo lve involve charges to your account. You are responsible for all such charges, even if your account has been closed for clo se d fo r any reason.

Appears in 1 contract

Sources: Credit Card Agreement

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 d o e s 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 section of this Agreement called "Authorizing Transactions.” We may also " W e ma y a lso 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 all of the provisions above in this section apply. Your World/World Elite Mastercard Maste rca rd account may provide additional benefits and features a n d ma y and may have additional charges that will be described in separate documentation for the fo r th e World/World Elite Mastercard program, all of which is incorporated by this reference. You authorize us to enroll you in benefits and programs that tha t we may offer from time to time associated with your account, including without with o u t limitation benefits and programs that we offer exclusively to holde rs holders 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.

Appears in 1 contract

Sources: Credit Card Agreement

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 d o e s 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 section of this Agreement called "Authorizing Transactions.” We may also " W e ma y a lso 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 all of the provisions above in this section apply. Your World/World Elite Mastercard Maste rca rd account may provide additional benefits and features a n d ma y and may have additional charges that will be described in separate documentation for the fo r th e World/World Elite Mastercard program, all of which is incorporated by this reference. You authorize us to enroll you in benefits and programs that tha t we may offer from time to time associated with your accountacco unt, including without with o u t limitation benefits and programs that we offer exclusively to holde rs holders 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.

Appears in 1 contract

Sources: Credit Card Agreement