Monthly Card Statement definition

Monthly Card Statement means a statement of Transactions, Charges and payment provided by the Bank to the Cardholder on a monthly basis or at other intervals which the Bank may at its absolute discretion determine from time to time in respect of the Card Account pursuant to Clause 8.03.
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Examples of Monthly Card Statement in a sentence

  • An overlimit handling charge at the rate as stipulated in the Confirmation Letter and/or in the List of Service Charges (as the case may be) shall be imposed and debited to the Card Account on a monthly basis whenever there is a record within each Monthly Card Statement cycle that when the Card Account balance (excluding Finance Charge and other fees and charges) exceeds the Credit Limit.

  • The Bank may give notice of any amendment referred in this Clause 15 in a Monthly Card Statement or by display at its branches, advertisement or otherwise, stipulating a date on which such amendment shall take effect.

  • The accrued Finance Charge will be debited to the Card Account on the Monthly Card Statement date or upon the date which all outstanding balance in the Card Account is repaid in full (whichever is earlier).

  • A copy charge at the rate as stipulated in the Confirmation Letter and/or in the List of Service Charges (as the case may be) shall be imposed and debited to the Card Account for each copy of a Card Account record, Monthly Card Statement, Sales Slip, Credit Slip, direct debit authorisation form or otherwise requested by the Cardholder.

  • If no transaction has been recorded for the Card Account since the previous Monthly Card Statement and Current Balance is less than HK$1 (including any credit balance) on the issue date of the Monthly Card Statement, no Monthly Card Statement will be issued to the Cardholder by the Bank in that month or period.

  • The issue date of the Monthly Card Statement may not be the same calendar date for each month due to intervening public holidays or non-Business Day and such date may have to be adjusted on that month.

  • Full repayment refers to the repayment of all outstanding balance, Charges and Finance Charge including but not limited to the Finance Charge accrued after the Monthly Card Statement date and/or the outstanding balance of all new Transactions posted after the Monthly Card Statement date.

  • The accrued Finance Charge will be debited to the Card Account on the Monthly Card Statement date.

  • If full payment of the Current Balance is not received by the Payment Due Date by the Bank, Finance Charge will be imposed, calculated and accrued on a daily basis on the outstanding Current Balance from the date after previous Monthly Card Statement date to the current Monthly Card Statement date and on the outstanding balance of all new transactions posted after the previous Monthly Card Statement date until payment is made in full.