Common use of INTEREST RATES AND CALCULATION OF CREDIT CHARGES Clause in Contracts

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on regular purchases appearing on the account statement based on the average daily balance from the date of each purchase until the purchases are paid in full, at the annual interest rate in effect for the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option. b) Cash advances (except balance transfers and cheques): all cash advances are subject to credit charges calculated on the average daily balance from the date they are made, at the annual interest rate in effect for the period covered by the account statement. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option. c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at the annual interest rate in effect for the financing plan offered by Desjardins and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of 19.90%.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on regular purchases appearing on the account statement based on the average daily balance from the date of each purchase until the purchases are paid in full, at the annual interest rate in effect for the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.10.90% b) Cash advances (except balance transfers and cheques): all cash advances are subject to credit charges calculated on the average daily balance from the date they are made, at the annual interest rate in effect for the period covered by the account statement. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.10.90% c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at the annual interest rate in effect for the financing plan offered by Desjardins and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of 19.90%.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on regular purchases appearing on the account statement based on the average daily balance from the date of each purchase until the purchases are paid in full, at the annual interest rate in effect for the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.10.9% b) Cash advances (except balance transfers and chequestransfers): all cash advances are subject to credit charges calculated on the average daily balance from the date they are made, at the annual interest rate in effect for the period covered by the account statement. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.10.9% c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at the annual interest rate in effect for the financing plan offered by Desjardins the Federation and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of 19.9019.9%.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on regular purchases appearing on the account statement based on the average daily balance from the date of each purchase until the purchases are paid in full, at the annual interest rate in effect for the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.9019.9% or 12.9012.9% if the cardholder benefits from the Low Interest Rate option. b) Cash advances (except balance transfers and chequestransfers): all cash advances are subject to credit charges calculated on the average daily balance from the date they are made, at the annual interest rate in effect for the period covered by the account statement. Annual interest rate: 19.9019.9% or 12.9012.9% if the cardholder benefits from the Low Interest Rate option. c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at the annual interest rate in effect for the financing plan offered by Desjardins the Federation and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of 19.9019.9%.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on regular purchases appearing on the account statement based on the average daily balance from the date of each purchase until the purchases are paid in full, at the annual interest rate in effect for the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.11.90% b) Cash advances (except balance transfers and cheques): all cash advances are subject to credit charges calculated on the average daily balance from the date they are made, at the annual interest rate in effect for the period covered by the account statement. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.11.90% c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at the annual interest rate in effect for the financing plan offered by Desjardins and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of 19.90%.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on regular purchases appearing on the account statement based on the average daily balance from the date of each purchase until the purchases are paid in full, at the annual interest rate in effect for the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option. b) Cash advances (except balance transfers and cheques): all cash advances are subject to credit charges calculated on the average daily balance from the date they are made, at the annual interest rate in effect for the period covered by the account statement. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option. c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at the annual interest rate in effect for the financing plan offered by Desjardins and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of 19.90%.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the statement’s total balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on the regular purchases appearing on the account statement shall be subject to credit charges based on the average daily balance from the date of each purchase until the purchases are have been paid in full, at the annual interest rate in effect for during the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.11.90% b) Cash advances (except balance transfers and chequescheque): all cash advances are subject to credit charges calculated based on the daily average daily balance starting from the date they are made, at the annual interest rate in effect applicable for the period covered by the account statement. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option.11.90% c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at . These charges are based on the annual interest rate in effect for the financing plan offered by Desjardins and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of not exceeding 19.90%.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: credit charges shall not apply to regular purchases appearing on the account statement provided that the balance of all indebtedness and accrued credit charges is paid in full by the due date shown on the account statement. Otherwise, credit charges are charged on regular purchases appearing on the account statement based on the average daily balance from the date of each purchase until the purchases are paid in full, at the annual interest rate in effect for the period covered by the account statement. However, if the total balance outstanding indicated on a subsequent account statement is paid in full by the due date shown, purchases not yet paid shall be exempt from credit charges for the period for which full payment has been made. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option. b) Cash advances (except balance transfers and cheques): all cash advances are subject to credit charges calculated on the average daily balance from the date they are made, at the annual interest rate in effect for the period covered by the account statement. Annual interest rate: 19.90% or 12.90% if the cardholder benefits from the Low Interest Rate option. c) Cash advances by equal instalments: cash advances by equal instalments are subject to credit charges calculated from the date they are posted to the account statement to the date they are paid in full, at the annual interest rate in effect for the financing plan offered by Desjardins and chosen by the cardholder. Annual interest rate: based on the financing plan offered by Desjardins and chosen by the cardholder, up to a maximum of 19.90%.