Debit interest calculation Clause Samples

Debit interest calculation. 9.3.1 Debit interest will be calculated daily, and capitalised and charged to the Business Control account monthly.

Debit interest calculation. 7.2.1 Debit interest will be calculated daily, and capitalised and charged to your account monthly. 7.2.2 Debit interest will be calculated at the rate decided by us from time to time as shown on your monthly statement, but will not exceed the maximum permissible annual finance charge rate allowed under the Usury Act. 7.2.3 Debit interest will be calculated and capitalised and charged at the maximum permissible annual finance charge rate allowed under the Usury Act when this agreement and/or your right to use the card and/or your credit facility ends.