Calculation of Monthly Periodic Rate. A. The “Monthly Periodic Rate” for Purchases, Balance Transfers and Cash Advances for each billing cycle is 1/12th of the ANNUAL PERCENTAGE RATE for Purchases, Balance Transfers, or Cash Advances, respectively, in effect for that billing cycle, rounded to the nearest ten thousandth of a percentage point.
Appears in 2 contracts
Samples: Cardholder Agreement, Cardholder Agreement
Calculation of Monthly Periodic Rate. A. The “Monthly Periodic RateRates” for Purchases, Balance Transfers and Cash Advances for each billing cycle is 1/12th of the ANNUAL PERCENTAGE RATE for Purchases, Balance Transfers, Transfers or Cash Advances, respectively, in effect for that billing cycle, rounded to the nearest ten thousandth one hundredth of a percentage point.
Appears in 2 contracts
Samples: Business Cardholder Agreement, Business Cardholder Agreement
