Common use of Rate for Balance Transfers Clause in Contracts

Rate for Balance Transfers. The monthly periodic rate for a billing period for your Balance Transfer balance is the Prime Rate plus a Margin (set forth on the Account Disclosures Insert), divided by 18 and calculated to three decimal places and rounded up.

Rate for Balance Transfers. The monthly periodic rate for a billing period for your Balance Transfer balance is the Prime Rate plus a Margin (set forth on the Account Disclosures Insert), divided by 18 12 and calculated to three decimal places and rounded up.