@pipeguy wrote:
@Anonymous wrote:
yfan, thanks for sharing that post. I guess all of the cards are printed on World MC stock regardless of whether or not you have NPSL and the World perks. That thread is actually quite amusing. I lol'ed two different times.
I think you might be thinking of World Elite MC which is the NPSL "flexible spending" Mastercard similar to Visa "signature". World MC's are not NPSL.
edit (add) If the MC logo is "silver and metalic" it's an "Elite" if the logo is colored red & yellow its not.
http://www.mastercard.us/credit-card-mastercard.html
Actually, the NPSL feature varies by lender and product. Unfortunately, your statement for NPSL is not correct. The Citi Dividend WMC (not WEMC) that I had before being converted to WEMC, had a no pre-set limit feature. From the CC agreement, here is the highlighted portion of the agreement:
Revolving Credit Limit. The full amount of your revolving
credit limit is available to use where the card is honored. Part
of your revolving credit limit is called the cash advance limit.
It is available for cash advances. We may reduce or increase
your revolving credit limit or cash advance limit at any time
we, us, and our mean Citibank, N.A., the issuer of your account.
for any reason as permitted by law. We will notify you of any
change, but the change may take effect before you receive
the notice. Your account does not have a pre-set spending
limit. As a result, we may permit you to incur charges that
cause your New Balance to go over your revolving credit
limit. We evaluate these charges based on your account
performance, other credit accounts with us, and experience
with other creditors. Your minimum payment due will include
the amount by which your New Balance goes over your
revolving credit limit. You must pay this amount whether it
is due to purchases, cash advances, interest charges, fees,
or other charges.
