Examples of Promotional Rate in a sentence
The rate on your account for certain types of transactions may be a promotional discounted rate (Promotional Rate) that is lower than the rate that would ordinarily apply for that type of transaction.
If during an Introductory or Promotional Rate period, we have not received the required minimum monthly payment within 60 days of the respective payment due date, we will increase the applicable APR to the Penalty APR.
An “Introductory Rate” is a Promotional Rate that may be offered in connection with opening your Account.
We may change any Annual Percentage Rate at any time (except in relation to a Promotional Rate that is fixed for a specified period).
The exact Promotional Rate Fee will be disclosed at the time the offer is made to you.
We may offer Promotional Rate Plans with promotional periods of different lengths that we will announce from time to time for a specified number of days.
In such case, the Bank’s prevailing interest rate for ordinary Hong Kong Dollar Savings Account shall apply to the deposit balance in the BP Account during the Promotional Rate Period.
Cash Advance Fees or Promotional Rate Fees also apply to certain Cash Advances, as set out in the “Other Fees” section of your Agreement.
Promotional Rate Finance Charges .........................................
An INTEREST CHARGE is imposed for balance transfers that are not subject to an Introductory or Promotional Rate, including current transactions, from the date of posting each balance transfer transaction.