The debit feature of the GOCard is optional. Cardholder will activate the GOCard Debit Account upon initial deposit. Activation of the GOCard Debit Account signifies agreement with these Terms and Conditions.
Funds are immediately available for deposits made by credit card. Positive balances that remain on the GOCard Debit Account for Cardholders roll over to the next term or year. Positive balances that remain on limited use cards that have expired will revert to the University immediately. GOCard account balances are non-interest bearing and there are no charges for using your GOCard Debit Account.
There will be no cash withdrawals or refunds from active GOCard Accounts.
If Georgetown agrees to credit funds to your GOCard Debit Account before your credit card charge has cleared, you understand and agree that you will be liable to the University should your credit card be returned unpaid. We are entitled to freeze any funds remaining in your GOCard account in the event a credit card charge you submit to us in payment is returned unpaid.
Cash refunds will not be issued for returned merchandise purchased with the GOCard; instead, GOCard accounts will be credited for the amount of the return. Merchandise must be returned to the location where goods and services were purchased and returns are subject to the return policy of the Merchant. GU will not be responsible if any establishment refuses to honor the GOCard or for any other problem you may have with an establishment.
The GOCard Debit Account program reserves the right to make appropriate adjustments or corrections to the amounts assigned to each card. Any such adjustment or correction will be fully disclosed in your transaction summary.