Common use of How We Will Calculate Your Balance Clause in Contracts

How We Will Calculate Your Balance. We will use a method called “average daily balance (including new purchases).” See your Credit Card Agreement (Small Business Cards) for more details. Late Payment fee for Iowa residents is $27 for the first violation and $30 for each subsequent violation within the next six billing cycles. For other states the fee is $27 for the first violation and $38 for each subsequent violation within the next six billing cycles. If the Late Payment fee is greater than the Minimum Payment Due, the fee will be equal to the Minimum Payment Due. Returned Payment fee for Iowa residents is $27 for the first violation and $30 for each subsequent violation within the next six billing cycles. For other states the fee is $27 for the first violation and $38 for each subsequent violation within the next six billing cycles. If Returned Payment fee is greater than the Minimum Payment Due, the fee will be equal to the Minimum Payment Due.

How We Will Calculate Your Balance. We will use a method called “average daily balance (including new purchases).” See your Credit Card Agreement (Small Business Cards) for more details. Late Payment fee for Iowa residents is $27 for the first violation and $30 for each subsequent violation within the next six billing cycles. For other states the fee is $27 for the first violation and $38 for each subsequent violation within the next six billing cycles. If the Late Payment fee is greater than the Minimum Payment Due, the fee will be equal to the Minimum Payment Due. Returned Payment fee for Iowa residents is $27 for the first violation and $30 for each subsequent violation within the next six billing cycles. For other states the fee is $27 for the first violation and $38 for each subsequent violation within the next six billing cycles. If Returned Payment fee is greater than the Minimum Payment Due, the fee will be equal to the Minimum Payment Due.