Home arrow Credit Issues arrow FAQ's arrow Can a credit card company freeze my bank account?
User Login





Lost Password?
No account yet? Register
Guard My Credit Menu
Home
- - - THE ISSUES - - -
Fraud and Scams
Credit Issues
Identity Theft
Podcasts
Privacy Issues
Our Children
Politics & Politicians
- - ACTION CENTER - -
Guard My Credit Links
Books to Read
Helpful Software
Helpful Pamphlets
- - - - - - - - - - - - - - -
About ACCESS
Contact Us
About Our Site
Guard My Credit Hits
1866765 Visitors
Can a credit card company freeze my bank account? PDF Print E-mail

Credit cards are not normally linked to bank accounts with the exception of secured credit cards.

A secured card issuer may freeze or block a bank account linked to a credit card if the account becomes delinquent or otherwise in default.

However, if the issuer of the credit card IS your bank there may certain situations, which are addressed in your agreement, whereby they can attach your bank account, i.e. paying the account with a bad check or failing to make a payment.

 
Guard My Credit Polls
Poll #154 - Why did you visit our site today?
 
Support Us
ACCESS is a non-profit, tax exempt consumer advocacy group.

Donations are tax deductable.

 
Go to top of page
Home | Contact Us |About Us | Privacy Policy
05/16/2008 10:44:32