Examples of Finance charge in a sentence
FEES AND CHARGES SCHEDULE – CREDIT CARD shows the fees and Annual Finance Charge Rates applicable to your Card.
We may change the fees and Finance Charge Rates by giving you up to 60 days’ prior notice, in accordance with the applicable laws.
CREDIT CARD Annual Fee (Basic Card + 2 Supplementary Cards) HK$7,800 Monthly Finance Charge Rate1 Annualised Percentage Rate (“APR”)1 for Retail Purchase2 Retail Purchase 2.7% (minimum HK$10) Express Cash 2.7% (minimum HK$10) (together, the "Standard Rate") 35.96%* when you open your account and it will be reviewed from time to time.
For payments in excess of your Minimum Payment, we apply it first to the balance with the highest Finance Charge, and then to balances with lower Finance Charges in descending order.