Common use of Minimum Interest Charge Clause in Contracts

Minimum Interest Charge. If the total of the interest charges for all balances is less than $1.50, then a Minimum Interest Charge of $1.50 will be assessed on the Account. This fee is in lieu of any interest charge.

Appears in 9 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement and Disclosure Statement

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Minimum Interest Charge. If the total of the interest charges for all balances is less than $1.50, then a Minimum Interest Charge of $1.50 will be assessed on the Account. .This fee is in lieu of any interest charge.

Appears in 3 contracts

Samples: Credit Card Agreement and Disclosure Statement, Credit Card Agreement and Disclosure Statement, Credit Card Agreement

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