Sentences with phrase «certain credit limit on your card»

The fact that you have certain credit limit on your card does not mean that you should utilise all the credit.

Not exact matches

CIBC (TSX: CM) and Telus (TSX: T) announced on Tuesday the launch of a mobile payment app for certain models of smartphones that run on the Telus network for credit card purchases such as gas or groceries, to a limit of $ 50.

Most of the time this is not feasible because the price of certain cars is often greater than the limit on a credit card.

You'll be required to deposit a certain amount of money as collateral to the issuing bank of the credit card, and this deposit typically will be your limit on the card.

In comparison, credit cards have a preset spending limit based on a certain underwriting criteria.

Consumers have to learn how to pay their card balances in full each month and avoid impulsive spending on the card just because they have certain credit limits.

If you have a high balance on one or several credit cards, you can transfer a certain amount up to the credit limit of the new credit card account.

Lenders have a tendency to check up on their customers and adjust their credit card limits upward or downward depending on their spending and payment habits, so just because you start out with a certain limit doesn't mean it's guaranteed forever.

On the other hand, getting a credit card limit increase could help you if you're applying for, say, a mortgage, and you make certain to keep your spending at its previous level.

For example, a credit card company might offer one customer a $ 5,000 limit on a certain card, while another customer gets access to a $ 15,000 limit for the same card.

Smaller lenders may offer what seem to be great deals on their own credit card but if the card is limited to certain merchants or locations the value to you will be limited.

If you wish to keep your balances more spread out, so that you won't hit your credit limit on a certain account, having more credit cards will give you more leeway.

Truth In Lending gives you three days to change your mind about certain credit transactions that use your home as collateral; it also limits your risk on lost or stolen credit cards.

When you borrow money — whether it is in the form of charging purchases on a credit card or a new home mortgage — the law allows your creditors to take certain lawful actions when you fail to make your payments including, but not limited to, reclaiming the items that still have unpaid balances.

Occasionally a bank will ding you for certain reasons (e.g., too many new accounts, reached credit limit, limited credit history, low income, random obscure reason, etc.), but I've got something like a 98 % success rate on credit card applications with a score above 720.

For instance, several credit cards — including American Express's Blue Cash and Chase's Freedom cards — offer 5 percent cash back on certain categories of purchases, with no limits.

Other credit cards from other banks offer extra rewards for online shopping, but Barclays decided to put a limit on certain merchants.