Common Contracts
1 similar Retail Charge Agreement contracts
The Michael Hill Retail Charge Agreement (Card holder Agreement)Retail Charge Agreement • December 16th, 2024
Annual Interest Rate Purchases under the Regular Credit Plan are subject to an annual interest rate of 24.99% (the Regular Rate The Regular Rate is in effect as of the day your Account is activated.Notice will be provided to you in respect of any change in the Regular Rate and any such change shall be made in accordance with applicable law. Interest -free Grace Period You will benefit from an interes-tfree grace period of at least 25 days for your new Purchases if you repay your balance in full by the due date indicated on your next Account Statement following such new Purchase. If you fail to repay your balance in full by such due date, accrued interest from the date of your Purchase will become due and payable. Determination of Interest If interest is charged, it is calculated on the average daily balance for each Credit Plan and charged monthly to your Account on the last day of your billing cycle.Interest is calculated monthly, not in advance, on the average daily balance for each
