Credit Card Purchases. Use of English B+

A credit card … pay for goods and services in stores, online and by telephone. Your credit limit is the maximum total amount you can spend.

As you pay down your balance, you have access to more credit. This is called …. credit.

You may use your credit card for different types of … .

You may use your credit card to pay for goods and services:

It’s a good idea to keep … for all your credit card purchases.

Check your receipts … your credit card statement to make sure there are no mistakes.

If you find a mistake, contact the merchant to correct the transaction. A merchant is the business that sold you goods or services. If the merchant doesn’t correct the transaction, contact your financial institution for … .

You might be able to turn your qualifying purchases into buy now, pay later plans. Credit card … typically call this option equal instalment payments or instalment plan. Make sure you understand the pros and cons of these types of plans.

Merchants may add a … to your transaction for using your credit card (except in Quebec). Your purchase may cost you up to 2.4% more.

They must inform you of the surcharge before processing your payment. This allows you to … your purchase before authorizing payment or pay with an alternative form of payment.

Your credit limit is the maximum amount you may spend on your credit card. Credit card issuers … your limit when you first get your credit card. You may ask them to reduce or increase it.

Your credit card issuer must get your permission in writing or verbally before increasing your credit limit. When you do so, you give your express consent. If you give your express consent, your credit card issuer must confirm the change in writing. They must do so no later than your next credit card … .