Examples of Overdraft Interest Rate in a sentence
We are only liable to refund interest paid by you up to an amount equivalent to the Temporary Overdraft Interest Rate.
The following rates, fees and charges apply when using an overdraft: Monthly Fee Arranged Overdraft Interest Rate Unarranged Overdraft Interest Rate Fee for allowing a payment despite lack of funds Fee for refusing a payment due to lack of fundsFee not chargedRepresentative 39.94% APR*/EAR**(variable) *APR stands for Annual Percentage Rate and shows the overall cost of credit as an annual rate charge.
The current applicable Savings Interest Rate and Overdraft Interest Rate will be available on our website All credit fees and charges that you might need to pay us under this Agreement are listed in the attached FEE SCHEDULE.
The following rates, fees and charges apply when using an overdraft: Year of account Arranged Overdraft Limit Arranged Overdraft Interest Rate *EAR stands for Effective Annual Rate and represents the yearly cost of an Arranged or Unarranged Overdraft, which takes into account of how often we charge interest to the account and does not include any other fees or charges.**APR stands for Annual Percentage Rate and shows the overall cost of credit as an annual rate charge.
This means, we’ll multiply the Overdraft Interest Rate, as a percentage, by the amount you owe at the end of each day.
You will pay the Arranged Overdraft Interest Rate on the amount of the arranged excess.
The Arranged Overdraft Interest Rate is made up of two parts – the Bank of England Bank Rate and the Margin.
The following rates, fees and charges apply when using an overdraft: Monthly FeeArranged Overdraft Interest Rate £10Representative 33.55% APR* /29.94% EAR** (variable)£20 in each monthly statement period Fee not charged*APR stands for Annual Percentage Rate and shows the overall cost of credit as an annual rate charge.
When the Bank of England Bank Rate changes the Arranged Overdraft Interest Rate will change.
We will also advise You on Your Account statement of any change in the Arranged Overdraft Interest Rate which has taken place.