Total New Balance definition

Total New Balance means the previous balance and total purchases of goods and/or services, cash withdrawals incurred by the Cardmember for which Maybank has purchased the Sales Drafts and Cash Withdrawal Drafts including any fees and charges charged by Maybank less any payment made by the Cardmember and credited to the Credit Card Account during the Billing Period;
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Total New Balance means, in the context of a Billing Period and at any point in time during that Billing Period, the sum of: i) any balance remaining unpaid from previous Billing Periods; and ii) the total amount resulting from purchases of goods and/ or services, or Cash Withdrawals made by the Cardmember, using the Credit Card including any fees and charges charged by us, up to such point in time, less any payment made by you and credited to the Credit Card Account during the Billing Period at such point in time; Finance Charges Conditions relating to number of Prompt Repayment Months / Total 12 Months Interest Rate Per Month Per Annum For Prompt Repayment in 12/12 months 1.25% 15% For Prompt Repayment in 10/12 months 1.42% 17% For Prompt Repayment in fewer than 10/12 months 1.50% 18% Cash Advance (calculated on a daily basis) 1.50% 18% ANNEXURE 2 Fees and Charges Fees and Charges payable pursuant to Clause 7 (Fees and Charges)
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Total New Balance means the total billed amount as of the closing date of a xxxx- ing cycle. As shown on your monthly statement, we start with the total balance at the beginning of the billing cycle, which is the “Previous Balance.” Then we subtract payments and credits. Then we add Purchases and interest charges.
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Examples of Total New Balance in a sentence

  • You may pay more frequently, pay more than the minimum payment or pay the Total New Balance in full.

  • The minimum payment is 2% of your Total New Balance, or $20.00, whichever is greater, plus the amount of any prior minimum payments that you have not made, and any amount you are over your credit limit.

  • In addition, at any time your Total New Balance exceeds your Credit Line, you must immediately pay the excess upon our demand.

  • You may, of course, pay more frequently, pay more than the Minimum Payment, or pay the Total New Balance in full, and you will reduce the FINANCE CHARGE by doing so.

  • If at any time your Total New Balance exceeds your Credit Line, you must immediately pay the excess upon our demand.

  • You may, of course, pay more frequently, pay more than the minimum payment, or pay the Total New Balance in full.

  • You may pay more frequently, pay more than the minimum payment, or pay the Total New Balance in full.

  • The minimum payment is 3% of your Total New Balance, or $25.00, whichever is greater, plus the amount of any prior minimum payments that you have not made, and any amount you are over your credit limit.

  • You may, of course, pay more frequently, pay more than the minimum payment, or pay the Total New Balance in full, and you will reduce the finance charge by doing so.

  • The minimum payment is 2% of your Total New Balance but not less than $15.00, plus the amount of any prior minimum payments that you have not paid.


More Definitions of Total New Balance

Total New Balance means the “new balance” set out on the front of the Account statement.
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Related to Total New Balance

  • Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Indebtedness net of Unrestricted Cash as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Target Balance has the meaning set forth in Section 6.1I(1) hereof.

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;