Interest Charges For Citi Business Card/Citi Corporate Card (Joint & Several Liability and Sample Clauses

Interest Charges For Citi Business Card/Citi Corporate Card (Joint & Several Liability and. Cardmember Liability): If the Bank does not receive full payment of the current balance specified in the Cardholder’s billing statement on or before the payment due date stipulated therein, the business member must pay daily interest at the retail interest rate# of 27.9% per annum and cash interest rate# of 27.9% per annum. Interest on the amounts set out above shall accrue on a daily basis and shall be payable monthly, subject to a minimum interest charge of S$3.00 a month. #As defined in the Cardmember’s Agreement.
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