Full agreement: This agreement defines the entire agreement between you and us, in writing or orally, with respect to the purpose of this Agreement and replaces all previous or concurrent agreements or agreements relating to this purpose. Protection against unauthorized loss, theft or use: If your card is lost or stolen, you will be asked to give us your name, card number, expiry date, initial card value and transaction history. We can`t redo a card if you don`t have its card number. If our records show that a credit is still on the card, we will cancel the card and make those credits available to you on a new card. It can take up to 30 days for your application to be reprocessed. You agree, to the extent permitted by law, to cooperate fully with us in our attempts to recover from unauthorized users and to assist in their prosecution. If you have not registered the card on the site, allow us to act for you as a cardholder in order to take all the measures we consider necessary in case of alleged or alleged fraudulent use of the card or card number. Although their details vary, most cardholder agreements are written in a simple format and tone. They deal with key issues such as the services available to the cardholder; The cardholder`s obligations to the issuing company; Interest rates, penalties and other charges that may be incurred in different circumstances; and methods of resolving disputes between the cardholder and the issuer if they occur. Tempted by these functions, Mia decides to consider accepting the new card. However, before that, it carefully verifies its consent to cardholders.
In this document, it notes that many of the functions announced entail significant costs. For example, while the card offers a 5% cash back program on food purchases, it also requires significant monthly fees and penalties when the average monthly balance decreases below a certain level. Card activation: For security reasons, cards should only be activated by the only recipient/destination. Mass activation can cause the card to temporarily be blocked and violate the terms of our agreement. Card restrictions: Your card cannot be returned or refunded. Your card is not rechargeable and cannot be used for cash withdrawals. This card is not protected under a Zero Liability Directive (www.visa.ca/en_CApay-with-visa/security.html). Regular pre-authorized debit transactions (APPs) in which you allow a company or organization to withdraw money from your card are not allowed. All PAD transactions are refused and Peoples Trust Company is not responsible for the fees you create. The use of your card in some countries may be limited by law.
Use of your card may be limited at some online merchants. Your card can be deactivated at any time if fraud is suspected. Your card is subject to the maximum transaction limits listed below. Peoples Trust Company may change these limits in accordance with applicable law and will post a notification on the site at least thirty (30) days before the effective date of the amendment. The change comes into effect on the date indicated in the notice. Since Mia maintains relatively modest monthly expenses, she decides that she would be charged the fee for maintaining an insufficient monthly account debit. Had she not considered the terms of the cardholder`s contract, she could have been forced to pay significant and unexpected penalties. Remember, even if you are dealing with the best credit card bonuses, you should do extensive research on your options and check cardholder agreements.