Minimum Interest Charge has the meaning given in Section 2.2(b).
Minimum Interest Charge. If your account is subject to interest charges in a billing cycle and those interest charges are less than the Minimum Interest Charge listed in the Schedule, you will be charged the Minimum Interest Charge. Under law, the Minimum Interest Charge is treated as a fee. If the Minimum Interest Charge is charged, all the below will apply: (a) It will appear under the “Fees” section of your statement.
Minimum Interest Charge. The minimum Interest Charge, if any, imposed on your Account will be at least $1.00. The Pricing Information Disclosure discloses the actual minimum Interest Charge applicable to your Account.
Examples of Minimum Interest Charge in a sentence
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.75.
If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1.
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.00.
If your account is subject to interest charges in a billing cycle and those interest charges are less than the Minimum Interest Charge listed in the Schedule, you will be charged the Minimum Interest Charge.
If you are charged Interest, the charge will be no less than the Minimum Interest Charge listed in the chart.
More Definitions of Minimum Interest Charge
Minimum Interest Charge has the meaning set forth in the Schedule.
Minimum Interest Charge. If you are charged interest, the charge will be no less than $1.00.
Minimum Interest Charge shall have the meaning set forth in the Loan Schedule.
Minimum Interest Charge. If interest is accruing on the principal balance due under this Agreement, but the total of such interest for purchases is less than Determination of the Total Due: The total outstanding balance (the amount you owe RAF) is equal to your current principal balance plus accrued interest. To calculate the total outstanding balance, RAF begins with the outstanding principal balance on your account at the beginning of each billing period and adds any purchases and subtracts any credits or payments credited in that billing period. RAF then adds the applicable interest charges, fees and costs
Minimum Interest Charge. If you are charged interest, the charge will be no less than $1.00. For Credit Card Tips from the Consumer Financial Protection Bureau: To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore. Transaction Fees: • Balance Transfers • Cash Advances • Foreign Transactions Either $5 or 3% of the amount of each transfer, whichever is greater. Either $10 or 5% of the amount of each cash advance, whichever is greater. 3% of each transaction in U.S. dollars Penalty Fees: • Late Payment • Returned Payment Up to $40 Up to $40
Minimum Interest Charge. If you are charged Interest, the charge will be no less than the Minimum Interest
Minimum Interest Charge means $157,500; provided, however, if the Companies’ consolidated audited Financial Statement for their fiscal year ending May 31, 2004 shall indicate consolidated Net Income of not less than $2,000,000, then the Minimum Interest Charge shall be reduced to $135,000 commencing with the first day of the Loan Year which began following the close of such fiscal year; provided, further, that if a Default Period is continuing at the time when such reduction would otherwise be made, then no reduction of the Minimum Interest Charge shall be made unless and until such Default Period is no longer continuing.