MINIMUM MONTHLY PAYMENT. We will mail you a statement every month if your account has a balance. You agree that you will pay each month not less than the minimum monthly payment by the payment due date. The minimum monthly payment will be 3.0% for Classic accounts or 2% for Platinum accounts of your outstanding balance (“New Balance”) or $25.00, whichever is greater. If your outstanding balance is $25.00 or less, you agree to pay the balance in full. You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments. We can accept late payments or partial payments, or checks, drafts, or money orders marked “payment in full” without prejudice to our rights under this Agreement, which are hereby explicitly reserved. A credit posting from a merchant or reversal of fees do not constitute a minimum payment. The minimum monthly payment may be allocated at the Credit Union’s discretion to pay off lower rate balances, such as promotional offers, before higher rate balances, such as cash advances or purchases. Payments in excess of the minimum monthly payment will be allocated first to higher rate balances, as applicable. From time to time, we may allow you to skip your minimum monthly payment due. If you choose to skip that payment, Finance Charges will continue to accrue in accordance with this Agreement. Payments received at: Rogue Credit Union, XX Xxx 0000, Xxxxxxx, XX 00000 on or before 5:00 PM Pacific Time on any business day will be credited to your Account as of that date; payments received by mail at that address after 5:00 PM Pacific Time or on a weekend will be posted to your Account as of the next business day. Payment crediting to your Account may be delayed up to five days if your payment is received by mail at any other address or not accompanied by the remittance portion of your Account statement.
MINIMUM MONTHLY PAYMENT. You agree that you will pay each month not less than the minimum monthly payments on or before the scheduled monthly due date. Minimum monthly payments include all amounts past due, late charges, any amount in excess of your credit line and the minimum regular payment. Your minimum regular payment will be 2% of your New Balance rounded to the nearest dollar or $25, whichever is greater. If your outstanding balance is $25 or less, you agree to pay the balance in full. You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments. We can accept late payments or partial payments, or checks, drafts, and money orders marked “payment in full,” without prejudice to our rights under this Agreement, which are hereby explicitly reserved. Payments made to your account will be applied in the following order: Fees and FINANCE CHARGES; Previously Billed Purchases; Cash Advances; New Purchases.
MINIMUM MONTHLY PAYMENT. Though You need only pay the Minimum Monthly Payments, You understand that You have the right to repay Your Account or make larger payments at any time without penalty. You will only be charged periodic Finance Charges to the date You repay Your entire Account balance. Any partial payment or prepayment of Your Account will not delay Your next scheduled payment. All payments to Us must be in lawful money of the United States. Payments will be applied in the following order: (a) any Fees and Charges owing; (b) any Finance Charges due; (c) the balance for cash advances; (d) the balance for balance transfers; and then to (e) the balance for purchases. Any unpaid portion of any Finance Charges and Late Charges will be paid by subsequent payments and will not be added to the principal. You understand that any payment that delays the repayment of Your unpaid balance will increase Your Finance Charge and any payment that accelerates the reduction of Your unpaid balance will decrease Your Finance Charges. Minimum Monthly Payments for advances on Your Account will be an amount equal to 2.00% of Your balance at the end of each billing cycle, subject to the lesser of $10.00 or Your Account balance, plus any portion of the Minimum Payments shown on prior statement(s) which remains unpaid, plus any amount that exceeds Your approved Credit Limit.
MINIMUM MONTHLY PAYMENT. We will send you a statement every month showing your Previous Balances of purchases and cash advances, the current transactions on your account, the remaining credit available under your Credit Line, the New Balances of purchases and cash advances, the Total New Balance, the Interest Charge due to date, and the Minimum Payment required. Every month you must pay at least the minimum Payment within 25 days of your statement closing date. You may pay more frequently, pay more than the Minimum Payment, or pay the Total New Balance in full, and you will reduce the Interest Charge by doing so. The Minimum Payment will be either 2.5% of your Total New Balance or $25.00 whichever is greater. At any time your Total New Balance exceeds your Credit Line, you must immediately pay the excess upon our demand. Payments and credits will be applied in the following order: accrued Interest Charges on new Cash Advances balance; accrued Interest Charges on new Purchases balance; late charges; annual fee; over-limit charges and other fees; the balance for Cash Advances; and the balance for Purchases. However, any payment equal to or greater than the Previous Balance of Purchases will be applied first to that balance and any Interest Charge thereon so as to avoid continuing accrual of Interest Charge on that amount. From time to time, we may allow you to skip your minimum monthly payment due. If you choose to skip that payment, Interest Charges will continue to accrue in accordance with this Agreement. Payments received at: Verity Credit Union, X.X. Xxx 00000, Xxxxx, XX 00000-0000 at or before 5:00 PM Pacific Time on any business day will be credited to your Account as of that date; payments received by mail at that address after 5:00 PM Pacific Time, on a weekend or federal holiday will be posted to your Account as of the next business day. Payment crediting to your Account may be delayed up to five days if your payment is received by mail at any other address or not accompanied by the remittance portion of your Account statement.
MINIMUM MONTHLY PAYMENT. The Cardholder shall pay at least the “minimum payment due” shown on the monthly billing statement. The minimum monthly payment will always be rounded up to the nearest dollar. If the Cardholder fails to pay the minimum monthly payment, the Cardholder’s and any Authorized Users’ right to use the Account and any Card may be revoked or terminated. The Cardholder shall have the right to pay an amount in excess of the minimum monthly payment or the entire unpaid balance due on the Account at any time. The Cardholder shall send the minimum monthly payment to the Bank at its designated payment address provided on the monthly billing statement so that it will be received on or before the payment due date shown on the applicable monthly billing statement. The minimum monthly payment each month shall be the greater of (i) $10.00 or (ii) 2% of the total outstanding balance due on the Account as of the monthly billing date or (iii) the total of any interest charge and all outstanding charges and fees. If applicable, the minimum monthly payment will also include the greater of the past due amount of any prior minimum monthly payments or the amount by which the outstanding unpaid balance exceeds the approved credit limit on the Account. If the total outstanding unpaid balance due on the Account is less than $10.00, the minimum monthly payment due shall be such balance. The Cardholder may prepay the Account in whole or in part at any time without penalty. Any partial prepayment shall not affect the obligation to make subsequent minimum monthly payments, and an interest charge will continue to accrue on any remaining balance on the Account. An increase in the ANNUAL PERCENTAGE RATE may increase the Cardholder’s interest charges, minimum monthly payment amount, and/or number of minimum monthly payments required to be made.
MINIMUM MONTHLY PAYMENT. We will send you a statement every month showing your Previous Balances of purchases and cash advances, the current transactions on your account, the remaining credit available under your Credit Line, the New Balances of purchases and cash advances, the Total New Balance, the Interest Charge due to date, and the Minimum Payment required. Every month you must pay at least the minimum Payment within 25 days of your statement closing date. You may, of course, pay more frequently, pay more than the Minimum Payment, or pay the Total New Balance in full, and you will reduce the Interest Charge by doing so. The Minimum Payment will be either 2.5% of your Total New Balance, or $25.00 whichever is greater. In addition, at any time your Total New Balance exceeds your Credit Line, you must immediately pay the excess upon our demand. Payments and credits will be applied first to accrued Interest Charges on the Cash Advances new balance; next, to the accrued INTEREST CHARGES on the Purchases new balance; next, to any late charges; next, to any annual fee; next, to over-limit charges and other extraordinary fees or charges imposed on your account; next, to reduce the balance for Cash Advances; and finally, to reduce the balance for Purchases. Payment example: A statement balance of $2305.20 x 2.5% = $57.63. Rounding up to the nearest $1, the payment would be $58. If there is a past due amount of $50, the total payment would be $108. However, any payment equal to or greater than the Previous Balance of Purchases will be applied first to that balance and any Interest Charge thereon so as to avoid continuing accrual of Interest Charge on that amount.
MINIMUM MONTHLY PAYMENT. Each month you must pay at least the Minimum Payment and any past due Minimum Payment by the Payment Due Date shown in your monthly Account statement. Your Minimum Payment for Purchases and Cash Advances is 3.0%, rounded up to the nearest dollar, of the total Purchase and Cash Advance balance (excluding late payment), or $25.00 — whichever is greater. In addition, your Minimum Payment will include all amounts delinquent, and amounts in excess of your Credit Limit. If your outstanding Purchase and Cash Advance balance is less than $25.00 then the entire balance is due. You also may pay the entire balance on your Account at any time or pay any amount between the Minimum Payment and your entire balance. Any changes in your Minimum Payment due will be reflected on your monthly statement in the month in which the Minimum Payment due is affected. However, in all cases, you may continue to pay any amount equal to or greater than the Minimum Payment due.
MINIMUM MONTHLY PAYMENT. You agree that you will pay each month not less than the minimum monthly payment on or before the scheduled monthly due date. You may pay in full for all your purchase and cash transactions each month, or you may repay in monthly installments. The minimum payment is calculated at 2% of your outstanding balance or $25.00, whichever is greater, plus any amounts past due and/or overlimit. If your outstanding balance is less than $25, you agree to pay the balance in full. We can accept late payments or partial payments, or checks, drafts, and money orders marked “payment in full,” without prejudice to our rights under this Agreement, which are hereby explicitly reserved. Your minimum payment due will be applied first to any outstanding FINANCE CHARGES and fees, then to lower rate balances, with any excess being applied to the balance with the highest APR.
MINIMUM MONTHLY PAYMENT. You agree that you will pay each month not less than the Minimum Monthly Payment on or before the scheduled monthly due date. Minimum Monthly Payments include all amounts past due, late charges, any balance over the limit, and the minimum regular payment. The minimum regular payment will be equal to 2% of the outstanding balance, or $10, whichever is greater. If your outstanding balance is $10 or less, you agree to pay the entire balance. Every month you must pay the Minimum Payment by the due date shown on your statement. You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments. We can accept late payments or partial payments, or checks, drafts, and money orders marked “payment in full,” without prejudice to our rights under this Agreement, which are hereby explicitly reserved. To the extent permitted by law, payments will be applied first to fees or charges, then to previously billed and unpaid FINANCE CHARGES, previously billed and unpaid purchases and cash advances, and the remainder, if any, to any new purchases.
MINIMUM MONTHLY PAYMENT. You may pay your account in full during any billing cycle by paying the entire new balance (“New Balance”) as shown on the Monthly Statement. You may pay less than the entire New Balance but not less than the minimum payment due shown on your Monthly Statement (“Minimum Payment Due”), unless we have declared your entire outstanding balance immediately due and payable as provided in Section 11 of this Cardholder Agreement. Normally, the Minimum Payment Due will be the greater of $20.00 or 3% of the New Balance. We may round the amount of the Minimum Payment Due to the nearest dollar. If any Other Charges (as those fees are described in the Initial Disclosure Statement below) have posted to your account, any applicable fees will be included in your New Balance for purposes of calculating the Minimum Payment Due. If there are any amounts shown as being past due on your Monthly Statement (“Past Due Amounts”) or if you have exceeded your Credit Limit, the Minimum Payment Due will include the amount determined by the normal Minimum Payment Due calculation plus (a) all Past Due Amounts, and (b) the amount of any credit extended in excess of your Credit Limit. However, if your New Balance is less than $20.00, you pay only the balance owed. You must pay at least the Minimum Payment Due by the payment due date shown on your Monthly Statement (“Payment Due Date”), which is at least 25 days after the statement closing date shown on your Monthly Statement (“Statement Closing Date”). You agree to pay a late payment fee (“Late Payment Fee”) if you do not pay at least the Minimum Payment Due on or within 10 days after the Payment Due Date. Please be advised that paying only the Minimum Payment Due will extend the time it takes you to pay off your outstanding balance.
