Common use of Required Payment and Crediting of Payment Clause in Contracts

Required Payment and Crediting of Payment. Each billing cycle you must pay at least the total minimum payment by 5:00 pm (ET) on the payment due date. You may at any time pay more than the total minimum payment. If you have a balance subject to interest, earlier payment may reduce the amount of interest you will pay. Any payments received after 5:00 pm (ET) will be credited as of the next day. We may delay making credit available on your account in the amount of your payment.

Appears in 6 contracts

Samples: Application and Credit Card Agreement, Card Agreement, Application and Credit Card Agreement

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