Common use of Borrowing rate Clause in Contracts

Borrowing rate. The Borrowing rate as defined in Claus 1.5 in the Agreement shall be 0% per annum on purchases credited to the Card Account and repaid by you by within 90 days from the date of the purchase. Once this campaign offer lapses, the borrowing rate will apply as stated in the Agreement.

Appears in 2 contracts

Sources: Sweepbank Credit Card Agreement, Credit Card Agreement