Common use of Balance Transfers and Cash Advances Clause in Contracts

Balance Transfers and Cash Advances. An Interest Charge will be imposed on cash advances from the “Post Date” of the balance transfer or cash advance shown on the Periodic Statement when the balance transfer or cash advance is made. There is no time period within which to pay to avoid a periodic Interest Charge on cash advances. In addition, a cash advance fee (Interest Charge) equal to 2% of the cash advance (or $5.00, whichever is greater) will be applied to each cash advance.

Appears in 2 contracts

Samples: www.iqcu.com, www.iqcu.com

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Balance Transfers and Cash Advances. An Interest Charge will be imposed on cash advances from the “Post Date” of the balance transfer or cash advance shown on the Periodic Statement when the balance transfer or cash advance is made. There is no time period within which to pay to avoid a periodic Interest Charge on cash advances. In addition, a cash advance fee (Interest Charge) equal to 2% of the cash advance (or $5.00, whichever is greater) will be applied to each cash advance.

Appears in 1 contract

Samples: Agreement

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Balance Transfers and Cash Advances. An Interest Charge will be imposed on cash advances from the “Post Date” of the balance transfer or cash advance shown on the Periodic Statement when the balance transfer or cash advance is made. There is no time period within which to pay to avoid a periodic Interest Charge on cash advances. In additionFor promotional balances, a cash advance fee (Interest Charge) equal to 2% an interest charge will be imposed on the unpaid portion of the cash advance (or $5.00, whichever is greater) will be applied promotional balance in accordance with this section and according to each cash advancethe terms of the offer.

Appears in 1 contract

Samples: www.iqcu.com

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