Common use of Grace Period on Purchases Clause in Contracts

Grace Period on Purchases. You won't pay any interest on Purchases if you pay the New Balance, including any Balance Transfers, in full by the payment due date shown on your statement each Billing Period. We call this a grace period on purchases. If you don't pay your New Balance, including any Balance Transfers, in full by the payment due date in a Billing Period, you'll pay interest on your Purchases from the date they're posted to your Account. Late Fee Up to $25 We have the right to charge you a late fee if you don't pay at least an amount equal to the Minimum Payment Due by the payment due date. Return Payment Fee Up to $30 We have the right to charge you a Return Payment fee if your bank doesn't honor your payment. If that happens, we'll resubmit the payment request. Transaction Fee for Balance Transfers Either $5 or 3% of the amount of each transfer, whichever is greater. We charge you a fee for each Balance Transfer. Transaction Fee for Cash Advances Either $5 or 3% of the amount of each cash advance, whichever is greater. We charge you a fee for each Cash Advance. Transaction Fee for Purchases in Foreign Currency 3% of the amount of the Transaction after conversion to U.S. dollars, with a minimum of $1. We may charge you a fee for a Purchase made in a currency other than U.S. dollars, regardless of where the Transaction takes place or who the merchant is. Our Card Network is Mastercard. Mastercard’s procedures may change without notice. If a third party, such as a merchant, converts the amount of a Purchase into U.S. dollars before sending the Purchase to Mastercard, the third party chooses the conversion rate instead of Mastercard.

Grace Period on Purchases. You won't pay any interest on Purchases if you pay the New Balance, including any Balance Transfers, in full by the payment due date shown on your statement each Billing Period. We call this a grace period on purchases. If you don't pay your New Balance, including any Balance Transfers, in full by the payment due date in a Billing Period, you'll pay interest on your Purchases from the date they're posted to your Account. Annual Fee $25 The fee is assessed annually. Late Fee Up to $25 We have the right to charge you a late fee if you don't pay at least an amount equal to the Minimum Payment Due by the payment due date. Return Payment Fee Up to $30 We have the right to charge you a Return Payment fee if your bank doesn't honor your payment. If that happens, we'll resubmit the payment request. Transaction Fee for Balance Transfers Either $5 or 3% of the amount of each transfer, whichever is greater. We charge you a fee for each Balance Transfer. Transaction Fee for Cash Advances Either $5 or 3% of the amount of each cash advance, whichever is greater. We charge you a fee for each Cash Advance. Transaction Fee for Purchases in Foreign Currency 3% of the amount of the Transaction after conversion to U.S. dollars, with a minimum of $1. We may charge you a fee for a Purchase made in a currency other than U.S. dollars, regardless of where the Transaction takes place or who the merchant is. Our Card Network is Mastercard. Mastercard’s procedures may change without notice. If a third party, such as a merchant, converts the amount of a Purchase into U.S. dollars before sending the Purchase to Mastercard, the third party chooses the conversion rate instead of Mastercard.