Examples of Unpaid Daily Balance in a sentence
BOQ Specialist will notify you no later than 2 business days after the day on which BOQ Specialist becomes aware that you have exceeded your Credit Limit (unless you have since paid an amount that brings your Unpaid Daily Balance within your Credit Limit).
Accordingly, in these circumstances your Unpaid Daily Balance may exceed your Credit Limit without our authorisation.
All amounts debited from your Card Account will form part of your Unpaid Daily Balance.
If you conduct a Transaction which results in your Unpaid Daily Balance exceeding your Credit Limit, this does not signify an increase in your Credit Limit by BOQ Specialist.
When BOQ Specialist becomes aware of a Transaction in excess of your Credit Limit, BOQ Specialist will take reasonable steps to contact you to notify you that your Unpaid Daily Balance has exceeded your Credit Limit.
When an Additional Cardholder completes Transactions, this will increase the Unpaid Daily Balance.
An Additional Cardholder will be restricted from accessing his or her Monthly Spend Limit in circumstances where the Unpaid Daily Balance equals or exceeds the Credit Limit.
Unless you are in default pursuant to section 26, we will not reduce your Credit Limit below your Unpaid Daily Balance and will notify you in writing as soon reasonably possible (which may be before or after deciding to reduce your Credit Limit) or, where the change is unfavourable to you, by providing you with 30 days’ notice.
Unpaid Daily Balance means the Unpaid Balance at the end of a day.
You agree that each time your Unpaid Daily Balance exceeds your Credit Limit, you will be charged a one- off Over Limit Fee (refer to the Monthly Credit Card Statement).