Common use of Finance Charges Clause in Contracts

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All

Appears in 4 contracts

Samples: Credit Card Account Agreement, Credit Card Account Agreement, Credit Card Account Agreement

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Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All.

Appears in 3 contracts

Samples: Commercial Credit Card Agreement, Credit Card Account Agreement, Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All.

Appears in 3 contracts

Samples: Credit Line Account Agreement, Credit Card Account Agreement, Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All.

Appears in 2 contracts

Samples: Credit Card Account Agreement, Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Daily Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). AllRate times the number of days in the billing cycle.β€Œβ€Œ

Appears in 1 contract

Samples: Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance balance(s) subject to a Finance Charge by the applicable Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSICRate(s). All.

Appears in 1 contract

Samples: Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Daily Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). AllRate times the number of days in the billing cycle.

Appears in 1 contract

Samples: Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactionsand previous). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All.

Appears in 1 contract

Samples: Commercial Credit Card Account Agreement

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Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the applicable Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All.

Appears in 1 contract

Samples: Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your AccountVISA Feature Categories, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactionspurchases). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balancebalance(s). Then, We add up all each of the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the applicable average daily balance subject to a Finance Charge by the Monthly Daily Periodic RateRate times the number of days in the billing cycle. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). AllThese Finance Charges are then added together and the sum is the amount owed for the billing cycle being accounted for.

Appears in 1 contract

Samples: Credit Line Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactionsand previous). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments or other charges and subtract any payments, credits and unpaid Finance or Late Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All.

Appears in 1 contract

Samples: Credit Card Account Agreement

Finance Charges. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances outstanding during the month (including new transactions). To get the average daily balance, We take the beginning balance of Your Account each day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle. The Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the Monthly Periodic Rate. VARIABLE RATE (EXCEPT VISA CLASSIC AND SECURED VISA CLASSIC). All.

Appears in 1 contract

Samples: Credit Card Account Agreement

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