Common use of Paying Interest Clause in Contracts

Paying Interest. Your Payment Due Date is at least 25 days after the close of each Billing Cycle. We will not charge you any interest on Purchases or Balance Transfers if you pay your entire New Balance by the Payment Due Date each month. If you do not use your Account for Cash Advances, you will not pay interest on Purchases if you pay the Total Minimum Payment Due and the total outstanding Purchase balance by the Payment Due Date each month. If you do not use your Account for Cash Advances, you will not pay interest on Balance Transfers if you pay the Total Minimum Payment Due and the total outstanding Balance Transfer balance by the Payment Due Date each month. We will begin charging interest on each Cash Advance on the transaction date of such Cash Advance. The transaction date for access checks is the date such check is first deposited or cashed. There is no time period in which you may repay a Cash Advance and avoid the imposition of interest charges.

Paying Interest. Your Payment Due Date is at least 25 days after the close of each Billing Cycle. We will not charge you any interest on Purchases or Balance Transfers if you pay your entire New Balance by the Payment Due Date each month. If you do not use your Account for Cash Advances, you will not pay interest on Purchases if you pay the Total Minimum Payment Due and the total outstanding Purchase balance by the Payment Due Date each month. If you do not use your Account for Cash Advances, you will not pay interest on Balance Transfers if you pay the Total Minimum Payment Due and the total outstanding Balance Transfer balance by the Payment Due Date each month. We will begin charging interest on each Cash Advance on the transaction date of such Cash Advance. The transaction date for access checks is the date such check is first deposited or cashed. There is no time period in which you may repay a Cash Advance and avoid the imposition of interest charges. We will begin charging interest on any unpaid balance of purchase transactions the next business day after the due date each month.