Payment Allocation. If you have balances with different interest rates, any amount paid over the minimum payment will be applied first to balances with the highest rates, so you can pay down your balance quicker by paying more than the minimum payment. Subject to applicable law, your payments thereafter may be applied to what you owe the Credit Union in any manner the Credit Union chooses.
Appears in 10 contracts
Samples: Visa Credit Card Agreement, Mastercard® Credit Card Agreement, Mastercard® Credit Card Agreement
