Cardholder Agreement
/ˈkɑːrdˌhoʊldər əˈɡriːmənt/
Definitions
- (n.) A contractual document outlining the terms and conditions under which a credit or debit cardholder may use their card, including rights and obligations with the issuing bank or financial institution.
The cardholder agreement specifies the fees and dispute procedures applicable to the credit card.
Forms
- cardholder agreement
- cardholder agreements
Related terms
See also
Commentary
The cardholder agreement is a critical document in consumer finance law, often required by regulators to ensure transparency; drafters should clearly outline fees, dispute resolution, and liability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.