Common use of Membership Fee Clause in Contracts

Membership Fee. If your Account has a membership Fee, we may charge the first membership Fee on the day you activate your Card, on the day of your first payment, or on the day when you use your Account, whichever occurs first. If your Account terms include a $0 introductory Fee, we may charge the first Fee when the introductory period ends. If it is an annual Fee, we may then charge it approximately once per year. If it is a monthly Fee, we may charge it each Billing Cycle. We may charge you this Fee each time you take out a Cash Advance. We will treat this Fee as a Cash Advance transaction. We may charge you this Fee each time you make a Transfer to another Member. Transactions Made in Foreign Currencies If you make a transaction in a foreign currency, the Payment Card Network will convert it into a U.S. Dollar amount. The Payment Card Network will use its own currency conversion procedures. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date that appears on your Statement. We may adjust the currency exchange rate or charge additional currency conversion Fees. Your payment must be made in U.S. dollars in a form acceptable to us. You will be advised of the methods in which you may make payments to this account. We are not responsible if any financial institution rejects a payment made using our payment services. If you ask someone else to make a payment for you, we may provide that person with limited Account information necessary to set up and process that payment. We may also refuse to accept that payment. If we do accept it, you will be responsible for that payment even if a financial institution rejects it. We may accept payments in other currencies. You may contact us to find out if any currency conversion surcharge applies. We may accept and process payments without losing any of our rights. We may delay the availability of funds until we confirm that your payment has cleared and posted to your account. This may happen even if we credit your payment to your Account. We may collect returned payments from your account. If necessary, we may adjust your Account to correct errors, process returned and reversed payments, and handle similar issues.

Membership Fee. If your Account has a membership Fee, we may charge the first membership Fee either on the day you activate your Card, on the day of your first payment, Card or on the day when you use your Account, whichever occurs first. If your Account terms include a $0 introductory Fee, we may charge the first Fee when the introductory period ends. If it is an annual Fee, we may then charge it approximately once per year. If it is a monthly Fee, we may charge it each Billing Cycle. We may charge you this Fee if we do not receive your payment as instructed on your Statement by the payment due date. We may charge you this Fee each time your financial institution for any reason rejects a payment you make to us. We may charge you this Fee each time you ask us to (1) stop payment on an Access Check or (2) renew an existing stop payment order. We may charge you this Fee each time you take out a Cash Advance. We will treat this Fee as a Cash Advance transaction. We may charge you this Fee each time you make a Transfer Transfer. We will charge the Fee to another Member. Transactions Made in Foreign Currencies If you make a transaction in a foreign currency, the Payment Card Network will convert it into a U.S. Dollar amountsame Segment where we post the Transfer. The Payment Card Network will use its own currency conversion procedures. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date that appears on your Statement. We may adjust the currency exchange rate or charge additional currency conversion Fees. Your The minimum payment must be made in U.S. dollars in a form acceptable to us. You will be advised of the methods in which you may make payments to this account. We are not responsible if any financial institution rejects a payment made using our payment services. If you ask someone else to make a payment for youdue, we may provide that person with limited Account information necessary to set up and process that payment. We may also refuse to accept that payment. If we do accept it, you will be responsible for that payment even if a financial institution rejects it. We may accept payments in other currencies. You may contact us to find out if any currency conversion surcharge applies. We may accept and process payments without losing any of our rights. We may delay the availability of funds until we confirm that (2) your payment has cleared and posted to your account. This may happen even if we credit your payment to your Account. We may collect returned payments from your account. If necessary, we may adjust your Account to correct errors, process returned and reversed payments, and handle similar issues.new balance,