Common use of Paying Interest Clause in Contracts

Paying Interest. When applicable, interest accrues on new transactions, and balances remaining from previous billing cycles. Interest will continue to accrue even though you have paid the full amount of any related balances because we include any accrued but unpaid interest in the calculation of each Balance Subject to Interest Rate. We will not charge you any interest on Purchases if you always pay your entire New Balance Total by the Payment Due Date. Specifically, you will not pay interest for an entire billing cycle on Purchases if you Paid in Full the two previous New Balance Totals on your account by their respective Payment Due Dates; otherwise, each Purchase begins to accrue interest on its transaction date or the first day of the billing cycle, whichever date is later. We will begin accruing interest on Cash Advances on the transaction date. New Balance Total means the total billed amount as of the Closing Date of a billing cycle, as shown on your monthly statement. Pay in Full or Paid in Full means payments and credits (excluding credits made in accordance with first-year fee limits or the Unites States Military Lending Act) in a billing cycle totaling at least your previous billing cycle's New Balance Total. Your Payment Due Date will be at least 21 days from your statement Closing Date and will fall on the same calendar day each month.

Paying Interest. When applicable, interest accrues daily and compounds daily on new transactions, and balances remaining from previous billing cycles. Interest will continue to accrue even though you have paid the full amount of any related balances because we include any accrued but unpaid interest in the calculation of each Balance Subject to Interest Rate. We will not charge you any interest on Purchases if you always pay your entire yourentire New Balance Total by the Payment Due Date. Specifically, you will not pay interest for an entire billing cycle on Purchases if you Paid in Full the two previous New Balance Totals on your account Account by their respective Payment Due Dates; otherwise, each Purchase purchase begins to accrue interest on its transaction date or the first day of the billing cycle, whichever date is later. We will begin accruing charging interest on Cash Advances Balance Transfers and CashAdvances on the transaction date.The transaction date for access checks is the date the check is first deposited or cashed. The transaction date for a Returned Payment is the date that the corresponding payment posted to your Account. Pay in Full or Paid in Full means payments and credits in a billing cycle totaling at least your previous billing cycle’s New Balance Total. New Balance Total means the total billed amount as of the Closing Date of a billing cycle, as shown on your monthly statement. Pay in Full or Paid in Full means payments and credits (excluding credits made in accordance with first-year fee limits or the Unites States Military Lending Act) in a billing cycle totaling at least your previous billing cycle's New Balance Total. Your Payment Due Date will be at least 21 twenty-five (25) days from your statement Statement Closing Date and will fall on the same calendar day each month.

Paying Interest. When applicable, interest accrues daily and compounds daily on new transactions, and balances remaining from previous billing cycles. Interest will continue to accrue even though you have paid the full amount of any related balances because we include any accrued but unpaid interest in the calculation of each Balance Subject to Interest Rate. We will not charge you any interest on Purchases if you always pay your entire yourentire New Balance Total BalanceTotal by the Payment Due Date. Specifically, you will not pay interest for an entire billing cycle on Purchases if you Paid in Full the two previous New Balance Totals on your account yourAccount by their respective Payment Due Dates; otherwise, ,each Purchase purchase begins to accrue interest on its transaction date or the first day of the billing cycle, whichever date is later. We will begin accruing charging interest on Cash Advances BalanceTransfers and CashAdvances on the transaction date.The transaction date for access checks is the date the check is first deposited or cashed. The transaction date for a Returned Payment is the date that the corresponding payment posted to your Account. Pay in Full or Paid in Full means payments and credits in a billing cycle totaling at least your previous billing cycle’s New Balance Total. New Balance Total means the total billed amount as of the Closing Date of a billing cycle, as shown on your monthly statement. Pay in Full or Paid in Full means payments and credits (excluding credits made in accordance with first-year fee limits or the Unites States Military Lending Act) in a billing cycle totaling at least your previous billing cycle's New Balance Total. Your Payment Due Date will be at least 21 twenty-five (25) days from your statement Statement Closing Date and will fall on the same calendar day each month.