Minimum Payment Due definition

Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

Minimum Payment Due. The amount set forth in the Schedule of Fees and Charges, and as indicated on the Cardmember Statement of Account and payable by the Cardmember.

Minimum Payment Due means the minimum payment due referred in Clause 16 hereof;

Examples of Minimum Payment Due in a sentence

• Without prejudice to the right of UAF to demand full payment of Statement Balance, I shall pay UAF at least the Minimum Payment Due indicated in each statement on or before the Payment Due Date, regardless of whether I have received the statement or not.

• I understand that failure to pay Minimum Payment Due on or before the Payment Due Date will cause the relevant amount to be overdue and outstanding, in which UAF may impose the relevant finance charges and Late Fees and/or suspend, cancel or terminate my Card or other services set out in Clause 5, in accordance with Clause 14.1.

• Credits from merchants may not be applied to the Minimum Payment Due.

• However, the Returned Payment Fee will not exceed the Minimum Payment Due on the last Payment Due Date before the payment is returned.

• If I pay more than the Minimum Payment Due in any month and there is still a balance due, I must continue to make Minimum Payments in future months.

More Definitions of Minimum Payment Due

Minimum Payment Due means minimum payment at such rates applicable from time to time and as advised by HSBC in the Tariff Sheet. The Minimum Payment Due (MPD) calculation is explained in page 14 of the Service Guide section of this booklet.

Minimum Payment Due means the minimum amount payable by the Cardholder as indicated in the Statement of Account;

Minimum Payment Due the minimum amount of payment due indicated monthly in the Card Statement which is required to be paid by the Cardholder by the Payment Due Date, which is:

Minimum Payment Due means the minimum sum to be paid by the Cardholder as specified in a statement issued to the Cardholder.

Minimum Payment Due means the amount calculated in accordance with the formula set out in the Schedule of Fees and Charges and payable by the Cardmember under Clause D(1) (4.5).

Minimum Payment Due means the minimum amount you must pay each month when you have an Outstanding Balance on your HELOC Account, as indicated on your HELOC Statement. This amount is subject to change from time to time and will be automatically debited from your Bank Account on the Payment Due Date each month.

Minimum Payment Due means the least payment amount, specified in The “Statement of Account”, required to be paid by The “Principal Cardholder” on or before The “Payment Due Date” in order to keep The “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of The “Minimum Payment Due”.