Common use of Payments on Your Account Clause in Contracts

Payments on Your Account. Unless otherwise permitted by law,each month that you have an outstanding balance on your Account, on a date selected by us, you will be sent a monthly periodic billing statement (the “Statement”). You must pay each month at least the total minimum payment due (the “Total Minimum Payment Due”) shown on your Statement by the due date set forth on the Statement (the “Payment Due Date”). Payments must conform to the requirements set out on that Statement. Such requirements may vary without prior notice to you. You may pay the entire amount you owe us at any time. Payments made in any billing cycle that are greater than the Total Minimum Payment Due will not affect your obligation to make the next Total Minimum Payment Due. If you overpay or if there is a credit balance on your Account, we will not pay interest on such amounts. We reserve the right to reject payments that are not drawn in U.S. dollars and those drawn on a financial institution located outside of the U.S. We reserve the right to reject any payment if your Account has a credit balance as of the day we receive that payment. Generally, credits to your Account, such as those generated by merchants or by person-to-person money transfers,are not treated as payments and will notreduce your TotalMinimum Payment Due.

Appears in 6 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

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Payments on Your Account. Unless otherwise permitted by lawUnlessotherwisepermitted bylaw,each month that you have an outstanding thatyouhave anoutstanding balance on your Account, on a date selected by us, you will be sent a monthly periodic billing statement (the “Statement”). You Statement”).You must pay each month at least the total minimum payment due (the “Total Minimum Payment Due”) shown on your Statement by the due date set forth on the Statement (the “Payment Due Date”). Payments must conform to the requirements set out on that Statement. Such requirements may vary without prior notice to you. You may pay the entire amount you owe us at any time. Payments made in any billing cycle that are greater than the Total Minimum Payment Due will not affect your obligation to make the next Total Minimum Payment Due. If you overpay or if there is a credit balance on your Account, we will not pay interest on such amounts. .We reserve the right to reject payments that are not drawn in U.S. dollars and those drawn on a financial institution located outside of the U.S. We reserve the right to reject any payment if your Account has a credit balance as of the day we receive that payment. Generally, credits to your Account, such as those generated by merchants or by person-to-person money transfers,, are not treated as payments and will notreduce not reduce your TotalMinimum Total Minimum Payment Due.

Appears in 1 contract

Samples: Credit Card Agreement

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Payments on Your Account. Unless otherwise permitted by law,each month that you have an outstanding balance on your Account, on a date selected by us, you will be sent a monthly periodic billing statement (the “Statement”). You must pay each month at least the total minimum payment due (the “Total Minimum Payment Due”) shown on your Statement by the due date set forth on the Statement (the “Payment Due Date”). Payments must conform to the requirements set out on that Statement. Such requirements may vary without prior notice to you. You may pay the entire amount you owe us at any time. Payments made in any billing cycle that are greater than the Total Minimum Payment Due will not affect your obligation to make the next Total Minimum Payment Due. If you overpay or if there is a credit balance on your Account, we will not pay interest on such amounts. .We reserve the right to reject payments that are not drawn in U.S. dollars and those drawn on a financial institution located outside of the U.S. We U.S.We reserve the right to reject any payment if your Account has a credit balance as of the day we receive that payment. Generally, credits to your Account, such as those generated by merchants or by person-to-person money transfers,are not treated as payments and will notreduce not reduce your TotalMinimum Total Minimum Payment Due.

Appears in 1 contract

Samples: Credit Card Agreement

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