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

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: interest charges shall not apply to regular purchases appearing on the statement of account provided the statement’s total balance is paid in full by the due date shown on the statement. Otherwise, the regular purchases appearing on the statement shall be subject to interest charges in US dollars based on the average daily balance from the date of each purchase until the purchases have been paid in full, at the annual interest rate in effect during the period covered by the statement of account. However, if the balance indicated on a subsequent statement is paid in full by the due date shown, purchases not yet paid shall be exempt from interest charges for the period for which full payment has been made.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: interest credit charges shall not apply to regular purchases appearing on the account statement of account provided the statement’s total balance is paid in full by the due date shown on the statement. Otherwise, the regular purchases appearing on the statement shall be subject to interest credit charges in US dollars based on the average daily balance from the date of each purchase until the purchases have been paid in full, at the annual interest rate in effect during the period covered by the statement of accountaccount statement. However, if the balance indicated on a subsequent statement is paid in full by the due date shown, purchases not yet paid shall be exempt from interest 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.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: interest charges shall not apply to regular purchases appearing on the account statement of account provided the statement’s total balance is paid in full by the due date shown on the statement. Otherwise, the regular purchases appearing on the statement shall be subject to interest charges in US dollars based on the average daily balance from the date of each purchase until the purchases have been paid in full, at the annual interest rate in effect during the period covered by the statement of accountaccount statement. However, if the balance indicated on a subsequent statement is paid in full by the due date shown, purchases not yet paid shall be exempt from interest charges for the period for which full payment has been made. Annual interest rate: 19.9% or 12.9% if the cardholder benefits from the Low Interest Rate option.

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: interest credit charges shall not apply to regular purchases appearing on the account statement of account provided the statement’s total balance is paid in full by the due date shown on the statement. Otherwise, the regular purchases appearing on the statement shall be subject to interest credit charges in US dollars based on the average daily balance from the date of each purchase until the purchases have been paid in full, at the annual interest rate in effect during the period covered by the statement of accountaccount statement. However, if the balance indicated on a subsequent statement is paid in full by the due date shown, purchases not yet paid shall be exempt from interest credit charges for the period for which full payment has been made.. Annual interest rate: 11.90%

INTEREST RATES AND CALCULATION OF CREDIT CHARGES. a) Regular purchases: interest credit charges shall not apply to regular purchases appearing on the account statement of account provided the statement’s total balance is paid in full by the due date shown on the statement. Otherwise, the regular purchases appearing on the statement shall be subject to interest credit charges in US dollars based on the average daily balance from the date of each purchase until the purchases have been paid in full, at the annual interest rate in effect during the period covered by the statement of accountaccount statement. However, if the balance indicated on a subsequent statement is paid in full by the due date shown, purchases not yet paid shall be exempt from interest credit charges for the period for which full payment has been made.. Annual interest rate: 12.90 %