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 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”.

Examples of New Balance in a sentence

• Your Minimum Payment Due is made up of: ● any fees, ● any interest, ● any past due amount, ● any Amount Above the Credit Limit, ● and the higher of $35 or a percentage of the New Balance (for information on how this amount is calculated, see Minimum Payment Due with No Amount Above the Credit Limit and Minimum Payment Due with an Amount Above the Credit Limit below).

• However, if you pay less than the New Balance, we will charge interest, as per the How to Avoid Interest on Purchases up to the Credit Limit, on purchases not included in the Amount Above the Credit Limit.

• If you do not pay the New Balance on a statement by the Payment Due Date and then you pay the New Balance on the next statement by the Payment Due Date, we will not charge interest on purchases from the date of your payment to the Closing Date of the billing period in which you made that payment.

• As further explained below, to calculate the Minimum Payment Due for each billing statement, we use: ● the New Balance, ● any Amount Above the Credit Limit, ● the Previous Balance, ● any Interest Charged, ● any Penalty Fees, and ● any Past Due Amount.

• If you pay the New Balance on every billing statement by the Payment Due Date, we will not charge interest on purchases.

More Definitions of New Balance

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 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”.

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”.

New Balance means the total outstanding balance in your Credit Account at the end of any Billing Cycle, as shown on your billing statement. To determine the New Balance, we begin with the outstanding balance on your Credit Account at the beginning of each Billing Cycle, called the ”Previous Balance” on your billing statement. We subtract any payments and credits we receive. We then add any Purchases, Cash Advances and other charges posted to your Credit Account since the end of the previous Billing Cycle. We then add the appropriate Interest Charges and fees and make other applicable adjustments.

New Balance. “Minimum Payment Due”

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.