Sentences with phrase «held by the credit card issuer»

A secured card, as we've mentioned, requires a security deposit made by you and held by the credit card issuer.

A secured card can be easier to get but requires a cash deposit as a security deposit from you (held by the credit card issuer) to open the account.

Not exact matches

Another effective way to evaluate who the biggest credit card issuers are is to look at the number of active credit card accounts held by each banks.

A secured card is a credit card in which you are required to put down a security deposit which is held by the card issuer as collateral in the event you do not meet your financial obligations on the card.

This amount is held by the issuer and is equal to the card's credit line, thus «securing» cardholder spending against their own money.

Filed Under: Investing Tagged With: Buy And Hold, Ignore the Noise, Ignoring The Markets, Stanford Marshmallow Experiment, Stock Market Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

A secured card is a credit card that requires a refundable security deposit, made by you, which is held as collateral by the credit card issuer in an account.

Filed Under: Investing Tagged With: Buy A Stock, Buy And Hold, Buy More, Buy More When Stock Investments, Investing, Investments Are Down, Portfolio, Stock, Stock Market, Trading, Your Stocks Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

But on a secured credit card, the credit limit you set is held by your card issuer as collateral.

A secured card is different then a prepaid card because a secured card is a credit card, a line of credit will be extended to you generally based on the amount of your deposit into an account which is held by the card issuer, the deposit is used for collateral and you must pay the credit card balance due each month.

Unlike a credit card that offers miles with an airline's frequent flyer program or points with a hotel's loyalty program, the points are held by American Express, the card issuer.

The practice of holding rewards hostage in order to force payment is becoming more common as card issuers try to find new ways to make up for the restrictions on rate hikes imposed by the Credit CARD card issuers try to find new ways to make up for the restrictions on rate hikes imposed by the Credit CARD CARD Act.