PERIODIC RATES. The periodic rates applicable to purchases, cash advances, and balance transfers are disclosed on the Disclosure that accompanies this Agreement. Any penalty rate that may be imposed for failing to make a payment by the payment due date is also disclosed on the Disclosure. Any rate change will be made pursuant to applicable law. If the rate for your account is variable, as indicated on the accompanying Disclosure, the rate charged on purchases, cash advances, balance transfers and any penalty rate will vary periodically as disclosed in the Disclosure accompanying this Agreement. The initial rate on your account for certain types of transactions may be an introductory discounted rate (Introductory Rate) that is lower than the rate that would ordinarily apply for that type of transaction. If an Introductory Rate applies to your account, the rates and the period of time it will be effective is shown on the Disclosure accompanying this Agreement. After the Introductory Rate period expires, the periodic rate will automatically increase to the rates that would ordinarily apply for that type of transaction based on the terms of this Agreement.
PERIODIC RATES. The Purchase APR is 10.40% which is a monthly periodic rate of 0.8667%. The Balance Transfer APR is 10.40% which is a monthly periodic rate of 0. 8667%. The Cash Advance APR is 10.40% which is a monthly periodic rate of 0. 8667%. The Penalty Rate APR is 17.90% which is a monthly periodic rate of 1.4917%.
PERIODIC RATES. The Daily Periodic Rates and Interest Rates are variable rates and may change each month. The Standard Interest Rate that initially applies to the Account is determined by adding the “Standard Margin” to the “Index” (each described below). The interest rate may vary because of a default under any agreement with Lender or DFS including failure to make a payment to Lender or any other creditor when due (including a payment with a check that is not honored by your bank), or because you have exceeded the Dell Business Credit Limit (shown on the Statement). In such circumstances, the Lender may place the Account on Default Rate status. When an Account is placed on Default Rate status, all Promotional Credit Plans will automatically expire, all accrued Finance Charges in these plans will be added to the Account, and a higher Default Interest Rate will be applied to all balances in the Account. This Default Interest Rate will be determined by adding the “Default Margin,” to the Index. The Standard and Default Daily Periodic Rates are determined by multiplying the Standard and the Default Interest Rates by 1/365th (1/366th in a leap year). The Index is the highest Prime Rate published in the “Money Rates” table by The Wall Street Journal during the 90 days immediately preceding the first day of your billing cycle. Any change in the Index will cause the corresponding Interest Rates to be adjusted as of the first day of your billing period that begins after the change. The current Interest Rates and Margins appear on the Pricing Addendum that accompanies and is a part of this Agreement. Promotional Credit Plans. In addition to purchases that accrue Finance Charges and require monthly payments as described previously in this Credit Agreement, Promotional Credit Plans may be offered from time to time on specific purchases for qualified buyers. Purchases made under these Promotional Credit Plans may have different finance charge calculations and required minimum payments. A Promotional Credit Plan is strictly limited by its terms and the terms and conditions of the special promotion to which it relates. In addition, the benefits of a Promotional Credit Plan will expire and all accrued Finance Charges in these plans will be added to the Account if you fail to make any required payment on the Account when due.
PERIODIC RATES. The periodic rates applicable to purchases, cash advances, and balance transfers are disclosed on the Disclosure that accompanies this Agreement. Any penalty rate may be imposed for failing to make a payment by the payment due date is also disclosed on the Disclosure. Any rate change will be made pursuant to applicable law. If the rate for your account is variable, as indicated on the accompanying Disclosure, the rate charged on purchases, cash advances, balance transfers and any penalty rate will vary periodically as disclosed in the Disclosure accompanying this Agreement. The initial rate on your account for certain types of transactions may be an introductory discounted rate (Introductory Rate) that is lower than the rate that would ordinarily apply for that type of transaction. If an Introductory Rate applies to your account, the rates and the period of time it will be effective is shown on the Disclosure accompanying this Agreement. After the Introductory Rate period expires, the periodic rate will automatically increase to the rates that would ordinarily apply for that type of transaction based on the terms of this Agreement. Finance Charges – New purchased posted to your account during a billing cycle will not incur a finance charge for that billing cycle if you had a zero or credit balance at the beginning of that billing cycle, or you paid the entire new balance on the previous cycle’s billing statement by the payment due date of that statement; otherwise a finance charge will accrue from the date a purchase is posted to your account. To avoid an additional finance charge on the balance of purchases, you must pay the entire new balance on the billing statement by the payment due date of that statement. A finance charge begins to accrue on cash advances from the date you get the cash advance or from the first day of the billing cycle in which the cash advance is posted to your account, whichever is later (transaction date). The finance charge is calculated separately for purchases and cash advances. For purchases, the finance charge is computed by applying the periodic rate to the average daily balance of purchases. To calculate the average daily balance of purchases, we take the beginning outstanding balance of purchases each day, add any new purchases, and subtract any payments and/or credits. This gives us the daily balance of purchases. We then add all of the daily balances of purchases for the billing cycle together and divide the total by the...
PERIODIC RATES. The periodic rate applicable to purchases, cash advances, and balance transfers are detailed in the Additional Disclosure. Any rate change will be made pursuant to applicable law. If the rate on your Account is variable (see the Additional Disclosure) the rate charged on purchases, cash advances, and balance transfers will vary from time to time as described in the Additional Disclosure. The initial rate on your Account for certain transactions might be an introductory discounted rate, the Introductory Rate that is lower than the rate that would apply for that type of transaction. If an Introductory Rate applies to your Account, the rate and the time period it will be effective is shown in the Additional Disclosure. After the Introductory Rate expires, the periodic rate will automatically increase to the rates that would apply for that type of transaction as defined in this Agreement.
PERIODIC RATES. The periodic rates applicable to purchases, cash advances, and balance transfers are disclosed on the Disclosure that accompanies this Agreement. Any penalty rate that may be imposed for failing to make a payment by the payment due date is also disclosed on the Disclosure. The rate charged on purchases, cash advances, balance transfers, and any penalty rate will not vary from month to month unless we notify you in advance that the rate(s) will change as required by law. The initial rate on your account for certain types of transactions may be an introductory discounted rate (Introductory Rate) that is lower than the rate that would ordinarily apply for that type of transaction. If an Introductory Rate applies to your account, the rates and the period of time it will be effective is shown on the Disclosure accompanying this Agreement. After the Introductory Rate period expires, the periodic rate will automatically increase to the rates that would ordinarily apply for that type of transaction based on the terms of this Agreement.
PERIODIC RATES. The Daily Periodic Rate and corresponding Interest Rate are variable rates and may change each month. The Interest Rate that applies to the Account is determined by adding a “Margin” to the “Index”, which is described below. The Daily Periodic Rate is determined by multiplying the Interest Rate by 1/365th (1/366th in a leap year). The Index is the highest Prime Rate published in the “Money Rates” table by The Wall Street Journal during the ninety (90) days immediately preceding the first day of your billing cycle. Any change in the Index will cause the corresponding Interest Rate to be adjusted as of the first day of your Billing Period that begins after the change. The current Interest Rate and Margin appear on the Pricing Addendum that accompanies and is a part of this Credit Agreement. Promotional Credit Plans. In addition to purchases that accrue Finance Charges and require monthly payments as described previously in this Credit Agreement, Promotional Credit Plans may be offered from time to time on specific purchases for qualified buyers. Purchases made under these Promotional Credit Plans may have different finance charge calculations and required minimum payments. A Promotional Credit Plan is strictly limited by its terms and the terms and conditions of the special promotion to which it relates. In addition, the benefits of a Promotional Credit Plan will expire and all Accrued Finance Charges in these plans will be added to the Account if the Account is placed in default.
PERIODIC RATES. The periodic rates applicable to purchases, cash advances, and balance transfers are disclosed on the Disclosure that accompanies this Agreement. Any rate change will be made pursuant to applicable law. The initial rate on your account for certain types of transactions may be an introductory discounted rate (Introductory Rate) that is lower than the rate that would ordinarily apply for that type of transaction. If an Introductory Rate applies to your account, the rates and the period of time will be effective as shown on the Disclosure accompanying this Agreement. After the Introductory Rate period expires, the periodic rate will automatically increase to the rates that would ordinarily apply for that type of transaction based on the terms of the Agreement.
PERIODIC RATES. The monthly periodic rates applicable to purchases, cash advances, and balance transfers are one-twelfth of the disclosed applicable annual percentage rates (APR). Any penalty rate, if applicable, that may be imposed for failing to make a payment by the payment due date is also disclosed on the Credit Card Account Opening Disclosure. Any rate change will be made pursuant to applicable law. If the rate for your account is variable, as indicated on the Credit Card Account Opening Disclosure, the rate charged on purchases, cash advances, balance transfers and any penalty rate will vary periodically as disclosed in the Credit Card Account Opening Disclosure. The initial rate on your account for certain types of transactions may be an introductory discounted rate (Introductory Rate) that is lower than the rate that would ordinarily apply for that type of transaction. If an Introductory Rate applies to your account, the rates and the period of time it will be effective is shown on the Credit Card Account Opening Disclosure. After the Introductory Rate period expires, the periodic rate will automatically increase to the rates that would ordinarily apply for that type of transaction based on the terms of this Agreement.
PERIODIC RATES. The periodic rates applicable to purchases, cash advances, and balance transfers are disclosed on the Disclosure that accompanies this Agreement. Any penalty rate that may be imposed for failing to make a payment by the payment due date is also disclosed on the Disclosure. Any rate change will be made pursuant to applicable law. If the rate for your account is variable, as indicated on the accompanying Disclosure, the rate charged on purchases, cash advances, balance transfers and any penalty rate will vary periodically as disclosed in the Disclosure accompanying this Agreement. The initial rate on your account for certain types of transactions may be an introductory discounted rate (Introductory Rate) that is lower than the rate that would ordinarily apply for that type of transaction. If an Introductory Rate applies to your account, the rates and the period of time it will be effective is shown on the Disclosure accompanying this Agreement. After the Introductory Rate period expires, the periodic rate will automatically increase to the rates that would ordinarily apply for that type of transaction based on the terms of this Agreement. Variable rates may change when the Prime Rate changes. We calculate variable rates by adding a percentage to the Prime Rate published in The Wall Street Journal on the 25th day of each month. If the Journal is not published on that day, then see the immediately preceding edition. If Prime changes, your new rate will take effect on your next billing period. If the APR associated with an offer is variable, the APR will equal: Non-introductory Purchase APR - Prime plus a margin between 4.74% and 14.74%.
