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This probably refers to the "card limit" on a given card. It's the maximum dollar amount that can be charged on a card. It could be the maximum limit on a brand new card, or some other limit based on an unpaid balance or new restriction that "lowers the limit" on the card at a given time. If you have a card with, say, a $10,000 limit, you can buy up to $10,000 at one time (with no balance) on that card. If you have that card and have charged, say, $5,000 on it in the last couple of days, you have a "new" or "effective" limit of $5,000 on it.

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Q: What is the name for the amount you can charge on a credit card?
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What is the other name of credit card?

Credit cards are also called charge cards.


How do you stop a revolving charge on a credit card from when you worked as a Nanny and had a credit card through them for groceries but your credit report shows as if you still have that credit card?

First, write a letter stating the facts -- be clear on dates and details.Example Letter:(Set up a business style letter with today's date).This letter is to dispute charges being made against (credit card number) through (bank's name as the creditor). The card was in the name of (give full name as it appears on the credit card).From Aug 2010 to May 2012, I worked for (person's name, address, phone number) as a nanny. (Give the address where you resided at the time.) As part of my employment, I was provided a credit card for groceries and incidental purchases such as personal toiletries. These types of purchases were the only purchases I made, typically from small neighborhood stores and from a retail pharmacy nearby my employment. When I left that employment, the credit card was (give what happened to the card, such as: the card was left with my employer and I had no further access to the card). I never made any recurring or revolving charge on the credit card.On May 2, 2013, I discovered this card is on my credit report, showing a recurring unpaid monthly charge of $32.00 from (give the business name or company for the product or service). There is no indication when this charge began, but it continues as of the date of this letter. I did not make or authorize these charges. I do not know who made or authorized these charges.This letter is to request that:1. The card be closed or restricted for any future charges;2. The card be removed from my name;3. The creditor, bank, or other authority investigate the recurring charge and notify me of the results of their investigation;4. The store or business making this charge stop charging against my name;5. That the store or business making this charge provide details of who initiated this charge, AND issue a correction to all 3 Credit Reporting agencies that removes my name from any charges beginning May 2012, or now or in the future and for the balance due.Enclosed are copies of)(List any paper documents that prove what you are saying. Examples: Last pay stub from that nanny employer; your address at that time; any credit card statement you kept or any proof you have of purchases you made; etc.)I look forward to some resolution of this problem.Sincerely,(Your full name as it appears on the credit report)Second, Xerox copy your letter. Mail it by Registered Mail with Return Receipt Requested (costs money but well-worth it). Send one to:1. Each of the 3 credit reporting agencies2. The business making the recurring charge. Include a note demanding they stop the recurring charge against your name and do an investigation.3. To the actual credit card - Visa, Mastercard, etc.4. The bank that issued the card.5. Your ex-employer.Third, you might need help. Try Consumer Credit Counseling agency, or an attorney, to help you clean up the issue and get it off your credit report.


Name a monthly bill where the amount changes every month?

Light, phone, gas, credit card, and water


Does a credit card issued to wife in the name of additional credit card without her consent will it be counted as a unsolicited credit card?

No.


What does name on credit card mean?

Name on Credit Card mean the name that appears at the front of the card, below the long card number. This will be the name of the person to whom the card was issued by the bank.


Does a business credit card change my credit score?

No, because its for a business and it's not in your name. It will however change your credit score if and only if you have a business credit card in your name.


If your name is on a company credit card does it help your credit?

Only if the card reports to the CRA's


How old do you have to be to have your own credit card?

you have to be 18 to sign a contract for a credit card in your name.


Will your last name show misspelled in your credit reports if you misspelled your last name in a credit card application but the application was denied?

If your credit card application was denied, you do not have a credit card. You are not in the credit company's system. Therefore, you will not receive a report.


Who is the manufacturer of Nurit credit card terminals?

John Nurit is the Manufacture of Nurit credit card terminals. He decided to name it aftere his last name because he was the manufacturer of the Credit Card.


What is a commercial credit card?

A commercial credit card is one that is issued to a company or business. It normally shows the users name and the company name on the card.


What is another name for a debit card?

Charge card