Net Purchase means the purchase of goods and/or services made by you or your authorized user(s) through the use of your Rewards Credit Card Account, plus or minus any adjustments made to your Rewards Credit Card Account in respect of those purchases. Net Purchases do not include, and you will not earn any Points in respect of, interest charges; cash advance and balance transfer transactions (including access cheques and deposits to a bank account); balance(s) permissibly transferred between MBNA credit card accounts or accounts of MBNA affiliates; cash advances re- designated as purchases; the purchase of cash equivalents, including foreign currency, traveller’s cheques, money orders, wire transfers, person-to-person money transfers, bets, lottery tickets or casino gaming chips; unauthorized charges (including those made with a lost, stolen, cancelled or fraudulent Rewards Credit Card Account); credit insurance premiums; over-the-credit-limit fees; and other fees and charges assessed on your Rewards Credit Card Account;
Net Purchase means the full amount charged to a Credit Card Account for a purchase of goods and/or services made by a Cardholder, including taxes, less any credits.
Net Purchase refers to Purchases charged to the Account, minus returns, interest, fees and adjustments.
Examples of Net Purchase in a sentence
The number of Accumulation Units will be determined by dividing the Net Purchase Payment by the value of an Accumulation Unit on the effective date.
Net Purchase Payment amounts are withdrawn first, and then the excess value, if any.
Any dividend credited prior to the Maturity Date will be applied on the effective date as a Net Purchase Payment unless the Owner elects to have the dividend paid in cash.
Net Purchase Payments received at the Home Office on or after the date on which notice is received will be applied to the designated Investment Accounts on the basis of the new allocation.
Accumulation Units are credited as of the effective date of the Net Purchase Payment.
More Definitions of Net Purchase
Net Purchase means the dollar value of goods and services purchased with a Card, less any credits, returns or other adjustments reflected on the Card billing statement;
Net Purchase means that the points earned are calculated based on purchases charged to the account, minus returns; interest, fees and adjustments are also excluded.
Net Purchase means the full amount charged to an Account for a purchase of goods and/or services made by a Cardholder, excluding: (i) Cash Advances; (ii) interest charges; (iii) fees; (iv) adjustments; and (v) for the RBC Visa Cash Back and the RBC Business Cash Back Mastercard accounts only, any amount charged once the maximum Cash Back Credit earned during an Annual Period has been reached, in accordance with these Terms.
Net Purchase means the U.S. Dollar (USD) amount charged to an Account for the purchase of goods and/or services made by a Cardholder, minus returns and other credits. Net Purchase excludes (i) Cash Advances,
Net Purchase. Cash Back redemptions will be automatically deposited into your Team One Credit Union account at the beginning of every quarter (January 1st, April 1st, July 1st and October 1st)
Net Purchase. PAYMENTS The sum of all Purchase Payments, reduced proportionately on the date of each partial withdrawal by the percentage at which the Contract Value is reduced by each such withdrawal (including any charges applicable to the withdrawal).
Net Purchase means that the cashback is calculated based on purchases charged to the account, minus returns; interest, fees and adjustments are also excluded.