Promotional Purchase definition

Promotional Purchase means, where available, a purchase of goods and/or services by you or an Additional Cardholder (which can be made at one or more outlets as advertised from time to time by us to you) at an Interest rate which is lower than the Interest rate then applying to a Standard Purchase and for which payment is made, and which may be effected, as in the case of a Standard Purchase;
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Promotional Purchase means, where available, a purchase of goods and/or services by you or an Additional Cardholder (which can be made at one or more outlets as advertised from time to time by us to you) at an Interest
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Examples of Promotional Purchase in a sentence

  • However, during the Deferral Period, you do not pay periodic rate interest charges that accrue on the amount of the Promotional Purchase.

  • The Annual Percentage Rate used to calculate any periodic rate interest charge on the Average Daily Balance of a particular Promotional Purchase (or Special Promotional Item) for your Account is stated in the printed material you received in connection with the Promotional Purchase or Special Promotional Item, and may be a variable rate.

  • The unpaid amount of each Promotional Purchase will be included in the New Balance reflected on your Monthly Statements and is also used to calculate the minimum monthly payment you are required to make under Section 18 of this Agreement during the Deferral Period.

  • A periodic rate interest charge on a Promotional Purchase whose Deferral Period has expired will continue to be charged to your Account at the standard Annual Percentage Rate (see Section 15(a) of this Agreement) during each following Billing Period in which any portion of the Promotional Purchase remains unpaid.

  • We do not charge your Account for periodic rate interest charges on Promotional Purchases if the full amount of the Promotional Purchase is paid by the end of the Deferral Period.

  • The unpaid amount of each Promotional Purchase will be included in the New Balance reflected on your Monthly Statements and is also used to calculate the minimum monthly payment you are required to make under Section 20 of this Agreement during the Deferral Period.

  • A periodic rate interest charge on a Promotional Purchase whose Deferral Period has expired will continue to be charged to your Account at the standard Annual Percentage Rate (see Section 17(a) of this Agreement) during each following Billing Period in which any portion of the Promotional Purchase remains unpaid.

  • If however, at the end of the Deferral Period, the full amount of the Promotional Purchase has not been paid, the periodic rate interest charges that accrued on the Promotional Purchase during all prior Billing Periods of the Deferral Period, and a periodic rate interest charge on the unpaid balance of the Promotional Purchase for the Current Billing Period, will be charged to your Account.

  • A periodic rate interest charge on a Promotional Purchase whose Deferral Period has expired will continue to be charged to your Account at the standard Annual Percentage Rate for Purchase Advances (see Section 15(b) of this Agreement) during each following Billing Period in which any portion of the Promotional Purchase remains unpaid.

  • You may be required to enter your PIN when entering into a Standard Purchase or Promotional Purchase.