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What is the collateral for Charge Cards?

April 26, 2017cards charge collateral

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What is the collateral for Charge Cards?

3 Answers

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The collateral amount required for Charge card is 120% of your card limit. This is collateral is fixed, Example: Card limit of 500 will require cash collateral of 600.

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A. The collateral amount required for Charge card is 120% of your card limit. This is collateral is fixed, Example: Card limit of $500 will require cash collateral of $600.

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[The collateral amount required for Charge card is 120% of your card limit. This is collateral is fixed, Example: Card limit of $500 will require cash collateral of $600.