ALLOCATION OF YOUR PAYMENTS. We will normally apply payments to your account in the following order: • first, to interest on all charges (except for annual card membership fees and interest), • second, to purchases and funds advances that have appeared on a statement, • third, to any taxes charged by us that appear as a separate item on a statement, • fourth, to insurance premiums that are optional services offered through us, • fifth, to fees for services provided by us that appear as a separate item on a statement, • sixth, to dishonoured payment fees, • seventh, to annual card membership fees (if payable), • and last, to purchases that have not yet appeared on a statement.
Appears in 16 contracts
Samples: Cardmember Agreement, Cardmember Agreement, Cardmember Agreement
