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Lcchang Posted 20 years ago
Vocabulary

reserve credit customers

A bank sent a letter to its customers by putting the contents as follows:

Important Information For Reserve Credit Customers

You may make payments by cash, check, or money order, by executing an appropriate transfer form, or by authorizing us to deduct the minimum payment due automatically from you checking account. To pay by......

My question is, who/ what does reserver credit customers exactly mean? Please advise.

LCChang
  

Top answer

Hi, The term means nothing to me. I googled briefly, and got the feeling that it might relate to customers who have automatic protection against overdrafts. Or possibly, it may be a feature related to the use of credit cards.

— Clive

  • Hi, The term means nothing to me.
  • I googled briefly, and got the feeling that it might relate to customers who have automatic protection against overdrafts.
  • Or possibly, it may be a feature related to the use of credit cards.
  • I guess you could ask your bank about the meaning of this.
  • Best wishes, Clive
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2 Answers
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Hi,

The term means nothing to me. I googled briefly, and got the feeling that it might relate to customers who have automatic protection against overdrafts. Or possibly, it may be a feature related to the use of credit cards.

I guess you could ask your bank about the meaning of this.

Best wishes, Clive
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Frankly speaking, it is just one of the articles I found in my TOEIC testbook. I guess the reserve credit customer means those who owe money to the bank by using its credit card or somethin', so they reserve some credit....I am not sure about that at all. Thanks.

LCChang
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