New Balance definition

New Balance. This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

New Balance. The total debit balance outstanding on the Card Account payable to AEME according to AEME’s records on the date of the Statement of Account.

New Balance means total balance due for payment by the “Principal Cardholder” to the “Bank” based on the “Bank’s” records on the date of issuing the “Statement of Account”. It may include “Previous Balance”, from previous “Billing Cycles”, as well as new balances which may comprise “New Cash Advance”and/or “New Retail Purchase”.

Examples of New Balance in a sentence

• We will mail you a statement every month showing your previous balance, purchases and cash advances, payments made on your account, periodic rate, annual percentage rate, finance charge and its method of computation, any other charges, grace period, pay- ment due date, procedures for error resolution, Minimum Payment required, and the closing date with corresponding New Balance for the billing cycle.

• In addition, at any time your total New Balance exceeds your Credit Line, you agree to immediately pay the excess.

• The Minimum Payment will be either (a) 2% of your Total New Balance, or $25.00, whichever is greater, or (b) your total New Balance, if it is less than $25.00 plus (c) any portion of the Minimum Payment(s) shown on prior statement(s) which remains unpaid.

• No Interest Charge will be imposed on new Purchases posted to your Account during a billing cycle if the outstanding New Balance for the preceding billing cycle had been paid in full and credited by the “Payment Due Date” for that billing cycle.

• We will mail you a statement every month showing your Previous Balances of purchases and cash advances, the current transactions on your account, the remaining credit available under your Credit Line, the New Balances of Purchases and Cash Advances, the Total New Balance, the INTEREST CHARGE due to date, and the Minimum Payment required.

More Definitions of New Balance

New Balance is fully settled the “Bank” shall continue to maintain this security for a period not less than forty five days from the date of cancelling the “Card”.

New Balance means the amount indicated as such on an Account Statement. The New Balance is made up of all Debt incurred up to the Statement Date;

New Balance means the amount shown on your Account statement as the new Account balance, which is the balance you owe as of the Account statement date;

New Balance means the total outstanding balance due as of the end of a Billing Cycle, as shown on the monthly statement for that Billing Cycle. “We”, “us”, and “our” mean Wilmington Savings Fund Society, FSB (“WSFS Bank”), a bank and trust company headquartered in Delaware, and its successors and assigns.

New Balance means the Outstanding Balance as of a statement closing date.

New Balance means the amount due for the Billing Cycle as shown on your billing statement.

New Balance. “Minimum Payment Due” $ 0.01 – $24.99 $25.00 or more Entire “New Balance” $25 or 3% of “New Balance”, whichever is greater