If a credit card has a provision allowing you to make purchases beyond the stated credit limit for a fee, it is referred to as
A) a purchase protection plan.
B) overlimit protection.
C) a grace period.
D) a first forgiveness provision.

Question

Quizplus · Accepted Answer

Overlimit protection is a feature on some credit cards that allows cardholders to exceed their credit limit for a fee, rather than having the transaction declined.

If a Credit Card Has a Provision Allowing You to Make