Common use of PAYMENTS TO THE ACCOUNT Clause in Contracts

PAYMENTS TO THE ACCOUNT. 9.1 Details of the payments you must make under this Agreement and when those payments must be made can be found at the ‘Repayments’ and ‘Amounts of repayments’ sections of your Agreement. 9.2 Please refer to your statement to understand how you can make payments to your Account. When you make a payment, we will apply the money we receive from you to your Account as follows: Payments we receive will be applied to the different amounts of your outstanding balance in the order of highest interest rate to lowest interest rate. If you have more than one balance at the same interest rate, your payment will be applied against transactions in the order of Cash, Purchases (including Purchases made during the introductory period), Fees and Charges, and Promotional Balances, with the exception of where a Default Charge is yet to incur interest, in which case the Default Charge will be paid off last. If you have more than one Promotional Balance at the same interest rate, your payment will be applied against the balance that ends first. If the payment is greater than your monthly statement balance, we will apply any remaining payment against transactions that have not yet appeared on your statement in the same order as those that have. 9.3 You must pay the minimum payment by the due date shown on your statement.

PAYMENTS TO THE ACCOUNT. 9.1 Details of the payments you must make under this Agreement and when those payments must be made can be found at the ‘RepaymentsTiming of repayments’ and ‘Amounts of repayments’ sections of your Agreement. We will apply those payments in the order set out in Section 9.4. 9.2 Payments can be made in the following ways: By Direct Debit: Several options are available. Please refer call Customer Services on 0000 000 0000, login to the Mobile Servicing App or visit the Credit Card page at xxx.xxxXX.xxx/xxxxxx-xxxx for further information. 9.3 You must pay the minimum payment by the due date shown on your statement to understand how you can make payments to your Accountstatement. When you make a paymentIf, at any time, we do not insist on our strict rights under the Agreement, it will apply the money we receive not prevent us from you to your Account as follows: doing so on another occasion. 9.4 Payments we receive will be applied to the different amounts of your outstanding balance in the order of highest interest rate to lowest interest rate. If you have more than one balance at the same interest rate, your payment will be applied against transactions in the order of Cash, Purchases (including Purchases made during the introductory period)Purchases, Introductory Purchase Balances, Fees and Charges, and Promotional Balances, with the exception of where a Default Charge is yet to incur interest, in which case the Default Charge will be paid off last. If you have more than one Promotional Balance at the same interest rate, your payment will be applied against the balance Promotional Balance that ends first. If the payment is greater than your monthly statement balance, we will apply any remaining payment against transactions that have not yet appeared on your statement in the same order as those that have. 9.3 You must pay the minimum payment by the due date shown on your statement.