Common use of HOW WE APPLY PAYMENTS Clause in Contracts

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement statement. In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%( ) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% 70 of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% 30 of your remaining Balance, we apply 70% 70 of your excess payment towards the amount of the Purchase category and 30% 30 of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. (i) All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. (ii. ) We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first : • first, to any interest that appears on your statement; 2) second ; • second, to any fees that appear on your statement; 3) third ; • third, to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth ; • fourth, to any fees and other Transactions that do not yet appear on your statement statement. In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies apply to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) i. above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. (i) All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. (ii. ) We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%( ) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% 70 of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% 30 of your remaining Balance, we apply 70% 70 of your excess payment towards the amount of the Purchase category and 30% 30 of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first : • first, to any interest that appears on your statement; 2) second ; • second, to any fees that appear on your statement; 3) third ; • third, to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth ; • fourth, to any fees and other Transactions that do not yet appear on your statement statement. In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies apply to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) i. above, in the percentage (%( ) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% 70 of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% 30 of your remaining Balance, we apply 70% 70 of your excess payment towards the amount of the Purchase category and 30% 30 of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. ‌ We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts;; and 4) fourth to any fees and other Transactions that do not yet appear on your statement statement. In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%( ) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% 70 of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% 30 of your remaining Balance, we apply 70% 70 of your excess payment towards the amount of the Purchase category and 30% 30 of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. ‌ We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first : • first, to any interest that appears on your statement; 2) second ; • second, to any fees that appear on your statement; 3) third ; • third, to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth ; • fourth, to any fees and other Transactions that do not yet appear on your statement statement. In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies apply to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) i. above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. ‌ We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement statement. In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%( ) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% 70 of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% 30 of your remaining Balance, we apply 70% 70 of your excess payment towards the amount of the Purchase category and 30% 30 of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. (i) All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. (ii. ) We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%( ) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% 70 of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% 30 of your remaining Balance, we apply 70% 70 of your excess payment towards the amount of the Purchase category and 30% 30 of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply All payments on received towards the Account first towards your Total Minimum Payment will be applied in the following order: 1(i) first first, to any interest charges that appears appear on your the monthly statement; 2(ii) second second, to any fees that appear on your the monthly statement; 3(iii) third third, to any monthly installment due under any Installment Plan that appears on the monthly statement; (iv) fourth, to any Transactions that appear on your the monthly statement, including any amount that exceeds your the Credit Limit or any past due amounts;; and 4(v) fourth fifth, to any fees and other Transactions that do not yet appear on your the monthly statement In but are posted to the Business Account. If any of the above categories 1 items (i) to 4(v) are charged at different interest rates, the payment will be applied to those amounts with the lowest higher interest rate(s) are paid first before those amounts with higher the lower interest rate(s). If you pay more than your However, if the Total Minimum PaymentPayment is paid in full each month, once we have applied the monthly installment due under any Installment Plan that appears on the monthly statement will always be paid in full. We will apply any amount of the payment that is greater than the Total Minimum Payment to the Minimum Paymenteach interest rate category (i.e., we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All all items that have the same interest rate(s) annual rate will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) proportion that the amount in each category represents to of the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards Payments received by us that exceed the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statementthe monthly statement will be applied in the following order: (i) first, we apply the excess amount of your payment to Transactions that have not yet appeared on your statementthe monthly statement but that are posted to the Business Account, using the same payment allocation described above in this section, and are applied in the same way as we have described above for payments order in which the Transactions are posted to the remaining BalanceBusiness Account, and (ii) second, to the principal balance of any Installment Plan that appears on the monthly statement (regardless of whether or not such principal balance is then due). If the payment results in an Installment Plan being paid earlier than the original period, then the Installment Plan will end and the Business will no longer be charged a monthly processing fee. If there is more than one Installment Plan, any excess amount will be applied to the Installment Plan that ends first. We can apply may accept late or payments, partial payments that we receive and payments marked "paid in full" or with similar wording without losing any rights we have by law or under the Agreement or by law, to collect all amounts that are owed to us on the Accountthis Cardholder Agreement.

HOW WE APPLY PAYMENTS. ‌ We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts;; that 30 day period. 6 7 4) fourth to any fees and other Transactions that do not yet appear on your statement In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. ii. We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.

HOW WE APPLY PAYMENTS. ‌ We will apply payments on the Account first towards your Minimum Payment in the following order: 1) first to any interest that appears on your statement; 2) second to any fees that appear on your statement; 3) third to any Transactions that appear on your statement, including any amount that exceeds your Credit Limit or any past due amounts; 4) fourth to any fees and other Transactions that do not yet appear on your statement statement. In any of the above categories 1 to 4, the amounts with the lowest interest rate(s) are paid first before those with higher interest rate(s). If you pay more than your Minimum Payment, once we have applied the payment to the Minimum Payment, we will then apply any excess amount to the remaining Balance on your statement, as follows: i. (i) All items that have the same interest rate(s) will be placed into the same category. For example, if your Balance is made up of Purchases and promotional Balance Transfers, then all items at your regular interest rate for Purchases are placed in one category and all promotional Balance Transfers are placed in a different category because of the different interest rates that applies to each of them. (ii. ) We will then apply the excess payment to the different interest rate(s) categories in section (i) above, in the percentage (%) the amount in each category represents to the remaining Balance. For example, if the amount of your Purchase category represents 70% of your remaining Balance and the amount of your promotional Balance Transfer category represents 30% of your remaining Balance, we apply 70% of your excess payment towards the amount of the Purchase category and 30% of your excess payment towards the amount of your promotional Balance Transfer category. If you pay more than your Balance on your statement, we apply the excess amount of your payment to Transactions that have not yet appeared on your statement, in the same way as we have described above for payments to the remaining Balance. We can apply late or partial payments that we receive without losing any rights we have under the Agreement or by law, to collect all amounts that are owed to us on the Account.