Common use of STATEMENTS & PAYMENTS Clause in Contracts

STATEMENTS & PAYMENTS. a. We will send You monthly Statements for Your Account by email or post. Each Statement will show the Current Balance (for Credit Cards and Charge Cards), the Minimum Payment Due (for Credit Cards only) and Your Payment Due Date (for both Credit Cards and Charge Cards). In the case of Credit Cards, You shall pay the Minimum Payment Due (as defined in Annex “B”). In case of Charge Cards, You are required to pay in full, the Current Balance, every month, by the Payment Due Date.