Common use of Interest Charges Clause in Contracts

Interest Charges. Interest charges. Interest will be charged on your account based on the APRs and outstanding balances for each Balance Category. However, interest will not be charged on any outstanding balance that is subject to an interest-free (grace) period. Interest will be calculated separately for each Balance Category and will begin to accrue on the transaction date unless subject to an interest-free (grace) period. Interest-free (grace) period. Balance calculations and interest charges. How this information will appear on statements. Minimum Interest Charge. Active duty military members. To avoid being charged interest on new purchases, you must pay your entire statement balance (including all special offer, promotional, and introductory balances) by the due date each month. You will not be charged interest for new purchases if you (a) pay your entire outstanding balance (the “New Balance”) listed on your current statement in full by its due date; and (b) paid your entire outstanding balance (the “New Balance”) listed on your previous statement in full by its due date (or your previous statement had a zero or credit balance). Notwithstanding, you will also not be charged interest for new purchases made in your current billing cycle if the only outstanding balances on your previous statement are under any Eligible Purchases Balance Category which are all at the introductory or promotional APR at the end of your current billing cycle. This interest-free (grace) period applies only to purchases and does not apply to balance transfers, cash advances, or special offers. To determine interest charges on your account and the balances subject to interest, we use a method called “Average Daily Balance (including new purchases)”. This method calculates balances for each Balance Category as listed below.

Interest Charges. Interest charges. Interest will be charged on your account based on the APRs and outstanding balances for each Balance Category. However, interest will not be charged on any outstanding balance that is subject to an interest-free (grace) period. Interest will be calculated separately for each Balance Category and will begin to accrue on the transaction date unless subject to an interest-free (grace) period. Interest-free (grace) period. Balance calculations and interest charges. How this information will appear on statements. Minimum Interest Charge. Active duty military members. To avoid being charged interest on new purchases, you must pay your entire statement balance (including all special offer, promotional, and introductory balances) by the due date each month. You will not be charged interest for new purchases if you (a) pay your entire outstanding balance (the “New Balance”) listed on your current statement in full by its due date; and (b) paid your entire outstanding balance (the “New Balance”) listed on your previous statement in full by its due date (or your previous statement had a zero or credit balance). Notwithstanding, you will also not be charged interest for new purchases made in your current billing cycle if the only outstanding balances on your previous statement are under any Eligible Purchases Balance Category which are all at the introductory or promotional APR at the end of your current billing cycle. This interest-free (grace) period applies only to purchases and does not apply to balance transfers, cash advances, or special offers. To determine interest charges on your account and the balances subject to interest, we use a method called “Average Daily Balance (including new purchases)”. This method calculates balances for each Balance Category as listed below.

Interest Charges. Interest charges. Interest will be charged on your account based on the APRs and outstanding balances for each Balance Category. However, interest will not be charged on any outstanding balance that is subject to an interest-free (grace) period. Interest will be calculated separately for each Balance Category and will begin to accrue on the transaction date unless subject to an interest-free (grace) period. Interest-free (grace) period. Balance calculations and interest charges. How this information will appear on statements. Minimum Interest Charge. Active duty military members. To avoid being charged interest on new purchases, you must pay your entire statement balance (including all special offer, promotional, and introductory balances) by the due date each month. You will not be charged interest for new purchases if you (a) pay your entire outstanding balance (the “New Balance”) listed on your current statement in full by its due date; and (b) paid your entire outstanding balance (the “New Balance”) listed on your previous statement in full by its due date (or your previous statement had a zero or credit balance). Notwithstanding, you will also not be charged interest for new purchases made in your current billing cycle if the only outstanding balances on your previous statement are under any Eligible Purchases Balance Category which are all at the introductory or promotional APR at the end of your current billing cycle. This interest-free (grace) period applies only to purchases and does not apply to balance transfers, cash advances, or special offers. To determine interest charges on your account and the balances subject to interest, we use a method called “Average Daily Balance (including new purchases)”. This method calculates balances for each Balance Category as listed below.

Interest Charges. Interest charges. Interest will be charged on your account based on the APRs and outstanding balances for each Balance Category. However, interest will not be charged on any outstanding balance that is subject to an interest-free (grace) period. Interest will be calculated separately for each Balance Category and will begin to accrue on the transaction date unless subject to an interest-free (grace) period. Interest-free (grace) period. Balance calculations and interest charges. How this information will appear on statements. Minimum Interest Charge. Active duty military members. To avoid being charged interest on new purchases, you must pay your entire statement balance (including all special offer, promotional, and introductory balances) by the due date each month. You will not be charged interest for new purchases if you (a) pay your entire outstanding balance (the “New Balance”) listed on your current statement in full by its due date; and (b) paid your entire outstanding balance (the “New Balance”) listed on your previous statement in full by its due date (or your previous statement had a zero or credit balance). Notwithstanding, you will also not be charged interest for new purchases made in your current billing cycle if the only outstanding balances on your previous statement are under any Eligible Purchases Balance Category which are all at the introductory or promotional APR at the end of your current billing cycle. This interest-free (grace) period applies only to purchases and does not apply to balance transfers, cash advances, or special offers. To determine interest charges on your account and the balances subject to interest, we use a method called “Average Daily Balance (including new purchases)”. This method calculates balances for each Balance Category as listed below.