Application of Payments and Credits. We will apply minimum monthly payments we receive, as well as credits to your Account other than payments, to your Account indebtedness in the order we deem appropriate. Payment amounts in excess of the minimum monthly payment will be applied first to the balance with the highest ANNUAL PERCENTAGE RATE and then to each successive balance bearing the next highest ANNUAL PERCENTAGE RATE. Any payment received by the Bank at its designated payment address provided on the monthly billing statement prior to 5:00 P.M. CST on a banking day shall be credited to the Account as of the date the payment was received, but the Bank shall have the right to limit the amount of credit available for the Account based on a payment until the check or other payment instrument is actually paid by the drawee. There may be a delay in crediting any payments received by the Bank at its designated payment address provided on the monthly billing statement after 5:00 P.M. CST on any date.
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Samples: Hancock Whitney Bank Cardholder Agreement and Disclosure Statement, Hancock Whitney Bank Cardholder Agreement and Disclosure Statement, Hancock Bank Cardholder Agreement and Disclosure Statement
