Common use of Payment of the card debt Clause in Contracts

Payment of the card debt. The card debt must be paid to the card issuer’s account in accordance with the minimum instalment set out in the statement/invoice at the latest on the due date. If the due date is not a banking day, the payment date shall transfer to the next banking day. The reference information specified in the invoice must be used in connection with the payment of the card debt. The transactions exceeding the credit limit will be debited in full in addition to the minimum instalment. The cardholder has the right immediately and without a prepayment penalty to prepay his or her card debt in full or in part in accordance with the minimum instalment set out in the invoice. If the cardholder has paid more that the card debt, the cardholder shall, on the card issuer’s request, provide an explanation on the surplus payment. The card issuer shall also have the right to return such surplus amount to the cardholder. The card debt is reduced only by making payments to the card issuer. Any payment arrangement made by the cardholder with a payee or other party does not affect the card debt.

Payment of the card debt. ‌ The card debt must be paid to the card issuer’s account in accordance with the minimum instalment set out in the statement/invoice at the latest on the due date. If the due date is not a banking day, the payment date shall transfer to the next banking day. The reference information specified in the invoice must be used in connection with the payment of the card debt. The transactions exceeding the credit limit will be debited in full in addition to the minimum instalment. The cardholder has the right immediately and without a prepayment penalty to prepay his or her card debt in full or in part in accordance with the minimum instalment set out in the invoice. If the cardholder has paid more that the card debt, the cardholder shall, on the card issuer’s request, provide an explanation on the surplus payment. The card issuer shall also have the right to return such surplus amount to the cardholder. The card debt is reduced only by making payments to the card issuer. Any payment arrangement made by the cardholder with a payee or other party does not affect the card debt.