0
What else can I help you with?
Can someone else activate my credit card for me?
No, only the cardholder can activate a credit card.
What is an authorized user on a credit card and how does it impact the primary cardholder's credit score?
An authorized user on a credit card is someone who is allowed to use the card but is not responsible for paying the bill. The primary cardholder's credit score can be impacted by the authorized user's credit behavior, both positively and negatively, depending on how the card is managed.
Can a secondary card holder's credit rating hurt the primary card holders credit?
No. The secondary cardholder's credit history has nothing to do with the primary cardholder's. The reason for this is even if there are two cards, there is still only one account for both cards which the primary cardholder is responsible. Jags
Can you explain how a credit card transaction works?
A credit card transaction works by the cardholder using their credit card to make a purchase. The merchant then sends the transaction information to the card issuer for approval. If approved, the card issuer pays the merchant, and the cardholder is responsible for paying back the amount to the card issuer.
How does processing of credit cards work?
A credit card is a payment card. It allows the cardholder to pay for goods and services based on the holders promise to pay for them. The cardholder submits their card for payment, the card is accepted digitally for payment and the transaction is completed. The customer leaves with goods or services and then the credit card issuer will process the payment and forward a statement usually once a month to the cardholder.
Who is responsible for credit card debt when the cardholder dies in Ontario?
The estate of the cardholder. Anyone else named on the card, or the spouse, could be held responsible.
Is a Visa card a debit or credit card?
A Visa card can be either a debit card or a credit card, depending on how it is set up by the cardholder and the issuing bank.
Is a Visa card a credit or debit card?
A Visa card can be either a credit card or a debit card, depending on how it is set up by the cardholder and the issuing bank.
What is a cardholder name?
The name of the person embossed on the credit/debit card
How would you find the available credit limit for cardholder?
Listed besides card on credit report
What is a complementary card?
A complementary card is typically an additional credit card linked to the primary cardholder's account. It allows for sharing credit limits and spending privileges with a family member or partner while earning rewards on the same account. Both the primary cardholder and the complementary cardholder are responsible for any debt incurred on the card.
What are the consequences of unauthorized tip charges on a credit card statement?
Unauthorized tip charges on a credit card statement can lead to financial loss for the cardholder, potential disputes with the merchant, and damage to the cardholder's credit score if not resolved promptly. It is important to monitor credit card statements regularly to catch any unauthorized charges and report them to the credit card company immediately.
