Common use of Calculation of Interest Charges Clause in Contracts

Calculation of Interest Charges. We calculate your APR for Purchases, Balance Transfers, and Cash Advances by adding 5.74%, an amount which we call the Margin, to the Prime. Even if the Margin and Prime could be higher, the rate on any transaction type will not exceed 24.99% APR. Purchases, Balance Transfers, and Xxxx Advances made on your Account will be subject to an INTEREST CHARGE at a Daily Periodic Rate of 0.03764%, which corresponds to an ANNUAL PERCENTAGE RATE (APR) of 13.74%.

Appears in 1 contract

Samples: Credit Card Agreement

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Calculation of Interest Charges. We calculate your APR for Purchases, Balance Transfers, and Cash Advances by adding 5.743.74%, an amount which we call the Margin, to the Prime. Even if the Margin and Prime could be higher, the rate on any transaction type will not exceed 24.99% APR. Purchases, Balance Transfers, and Xxxx Cash Advances made on your Account will be subject to an INTEREST CHARGE at a Daily Periodic Rate of 0.037640.03216%, which corresponds to an ANNUAL PERCENTAGE RATE (APR) of 13.7411.74%.

Appears in 1 contract

Samples: Credit Card Agreement

Calculation of Interest Charges. We calculate your APR for Purchases, Balance Transfers, and Cash Advances by adding 5.743.74%, an amount which we call the Margin, to the Prime. Even if the Margin and Prime could be higher, the rate on any transaction type will not exceed 24.99% APR. Purchases, Balance Transfers, and Xxxx Cash Advances made on your Account will be subject to an INTEREST CHARGE at a Daily Periodic Rate of 0.037640.03353%, which corresponds to an ANNUAL PERCENTAGE RATE (APR) of 13.7412.24%.

Appears in 1 contract

Samples: Credit Card Agreement

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Calculation of Interest Charges. We calculate your APR for Purchases, Balance Transfers, and Cash Advances by adding 5.74%, an amount which we call the Margin, to the Prime. Even if the Margin and Prime could be higher, the rate on any transaction type will not exceed 24.99% APR. Purchases, Balance Transfers, and Xxxx Cash Advances made on your Account will be subject to an INTEREST CHARGE at a Daily Periodic Rate of 0.037640.03901%, which corresponds to an ANNUAL PERCENTAGE RATE (APR) of 13.7414.24%.

Appears in 1 contract

Samples: Credit Card Agreement

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