Common use of Average Daily Balance Clause in Contracts

Average Daily Balance. To get the “Average Daily Balance” of Purchases, we take the beginning balance of your Credit Card acc o u n t each day, add any new Purchases, and subtract any Cash A d va n ces, payments, or other credits which were applied to Purchases, unpaid FINANCE CHARGES, late charges, membership fees, and other fees. If you paid the Purchases balance in full by the Payment Due Date in th e previous billing cycle, in the current billing cycle we will credit payme n t s otherwise applicable to Purchases based on our allocation method as of the first day of the current billing cycle. These computations give us th e Purchases daily balance. To get the “Average Daily Balance” of Cash Advances, we take the beginning balance each day, add any new Cash Advances, and subtract any Purchases, payments, or other credits which were applied to Cash Advances, unpaid FINANCE CHARGES, late charges, membership fees, and other fees. This gives us the Ca sh Advances daily balance. Then we add up all of the Purchases o r Ca sh Advance daily balances for the billing period and divide each total by the number of days in the billing period. This gives us the “Average Daily Balances.”

Appears in 8 contracts

Samples: Priority Rewardssm, United Mileageplus, United Mileageplus

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Average Daily Balance. To get the "Average Daily Balance" of Purchases, we take the beginning balance of your Credit Card acc o u n t each day, add any new Purchases, and subtract any Cash A d va n ces, payments, or other credits which were applied to Purchases, unpaid FINANCE CHARGES, late charges, membership fees, and other fees. If you paid the Purchases balance in full by the Payment Due Date in th e previous billing cycle, in the current billing cycle we will credit payme n t s otherwise applicable to Purchases based on our allocation method as of the first day of the current billing cycle. These computations give us th e Purchases daily balance. To get the "Average Daily Balance” of Cash " o f Ca sh Advances, we take the beginning balance each day, add any new Cash Advances, and subtract any Purchases, payments, or other credits which were applied to Cash Advances, unpaid FINANCE CHARGES, late charges, membership fees, and other fees. This gives us the Ca sh Advances daily balance. Then we add up all of the Purchases o r Ca sh Advance daily balances for the billing period and divide each total by the number of days in the billing period. This gives us the "Average Daily Balances."

Appears in 4 contracts

Samples: Priority Rewardssm, Rewards Credit Card Agreement, www.fhb.com

Average Daily Balance. To get the “Average Daily Balance” Balance of Purchases, we take the beginning balance of your Credit Card acc o u n t account each day, add any new Purchases, and subtract any unpaid interest or other finance charges, Cash A d va n cesAdvances, payments, or other credits which were that we re applied to Purchases, unpaid FINANCE CHARGES, late charges, membership fees, and ove r-limit fees, a n d other fees. If you paid the Purchases balance in full by the Payment Due Payme n t Du e Date in th e the previous billing cycle, in the current billing cycle we will credit payme n t s payments otherwise applicable to Purchases based on our allocation method as of the first day of the current billing cycle. These computations compu ta t io n s give us th e the Purchases daily balance. To get the “Average Daily Balance” Balance of Cash Advances, we take the beginning balance each day, add any new a d d a n y n e w Cash Advances, and subtract any unpaid interest or other finance charges, Purchases, payments, or other credits which that were applied to Cash Advances, unpaid FINANCE CHARGES, late charges, membership fees, over-limit fees, and other oth er fees. This gives us the Ca sh Cash Advances daily balance. Then we add ad d up all of the Purchases o r Ca sh and Cash Advance daily balances for the billing period and divide each total by the number of days in the billing period. This gives us the “Average Daily Balances.”

Appears in 2 contracts

Samples: Heritage Credit Card Agreement, Heritage Credit Card Agreement

Average Daily Balance. To get the “Average Daily Balance” of Purchases, we take the beginning balance of your Credit Card acc o u n t each day, add any new Purchases, and subtract any Cash A d va n ces, payments, or other credits which were applied to Purchases, unpaid FINANCE CHARGES, late charges, membership fees, and other fees. If you paid the Purchases balance in full by the Payment Due Date in th e previous billing cycle, in the current billing cycle we will credit payme n t s otherwise applicable to Purchases based on our allocation method as of the first day of the current billing cycle. These computations give us th e Purchases daily balance. To get the “Average Daily Balance” of Cash Advances, we take the beginning balance each day, add any new Cash Advances, and subtract any Purchases, payments, or other credits which were applied to Cash Advances, unpaid FINANCE CHARGES, late charges, membership fees, and other fees. This gives us the Ca sh Advances daily balance. Then we add up all of the Purchases o r or Ca sh Advance daily balances for the billing period and divide each total by the number of days in the billing period. This gives us the “Average Daily Balances.”

Appears in 1 contract

Samples: www.fhb.com

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Average Daily Balance. To get the “Average Daily Balance” Balance of Purchases, we take the beginning balance of your Credit Card acc o u n t each day, add any new Purchases, and subtract any unpaid intere st o r other finance charges, Cash A d va n cesAdvances, payments, or other credits which that were applied to Purchases, unpaid FINANCE CHARGES, late charges, membership fees, over-limit fees, and other fees. If you paid the Purchases balance in full by the fu ll b y th e Payment Due Date in th e the previous billing cycle, in the current billing cycle we will credit payme n t s payments otherwise applicable to Purchases based b a sed on our allocation method as of the first day of the current billing cyclebillin g cycle . These computations give us th e the Purchases daily balance. To get the g e t th e “Average Daily Balance” Balance of Cash Advances, we take the beginning balance each day, add any new Cash Advances, and subtract any unpaid interest or other finance charges, Purchases, paymentspayme nts, or other o the r credits which that were applied to Cash Advances, unpaid FINANCE CHARGES, late charges, membership membersh ip fees, over-limit fees, and other fees. This gives us the Ca sh Advances Cash Adva n ces daily balance. Then we add up all of the Purchases o r Ca sh and Cash Advance daily balances for the billing period and divide each total by the number numb er of days in the billing period. This gives us the “Average Daily Balances.”

Appears in 1 contract

Samples: Heritage Credit Card Agreement

Average Daily Balance. To get the “Average Daily Balance” of Purchases, we take the beginning balance of your Credit Card acc o u n t each day, add any new Purchases, and subtract su btract any Cash A d Ad va n ces, payments, or other credits which were applied to Purchases, unpaid FINANCE CHARGES, late charges, membership fees, , and other fees. If you paid the Purchases balance in full by the Payment Due Date in th e the previous billing cycle, in the current billing cycle we will credit payme n t s payments otherwise applicable to Purchases based on our allocation method as of the first day of the current billing cycle. These computations give us th e the Purchases daily balance. To get the “Average Averag e Daily Balance” of Cash Advances, we take the beginning balance each e a ch day, add any new Cash Advances, and subtract any Purchases, payments, or other credits which were applied to Cash Advances, unpaid FINANCE CHARGES, late charges, membership fees, and other fees. This gives us the Ca sh Cash Advances daily balance. Then we add up a d d u p all of the Purchases o r Ca sh or Cash Advance daily balances for the billing period and divide each total by the number of days in the billing periodperio d . This gives us the “Average Daily Balances.”

Appears in 1 contract

Samples: www.fhb.com

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