Monthly Qualification Cycle definition
Monthly Qualification Cycle means a period beginning one (1) banking day prior to the first banking day of the current statement cycle through one (1) banking day prior to the last banking day of the current statement cycle.
Monthly Qualification Cycle means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle. "Banking Day" means any business day on which an office of the credit union is open to the public for the purpose of carrying out substantially all of its banking functions. "Business Day" means a calendar day other than a Saturday or a Sunday, January 1, the third Monday in January, the third Monday in February, the last Monday in May, July 4, the first Monday in September, the second Monday in October, November 11, the fourth Thursday in November, or December 25. If January 1, July 4, November 11, or December 25 falls on a Sunday, the next Monday is not a Business Day.
Monthly Qualification Cycle means a period beginning one (1) Business Day prior to the first day of the current Statement Cycle through one (1) Business Day prior to the close of the current Statement Cycle.
Examples of Monthly Qualification Cycle in a sentence
Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle are not considered normal, day-to-day spending behavior.
Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates.
Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards.
You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back account during that Monthly Qualification Cycle.
To earn your rewards the following transactions and activities must post and settle to your InControl account during each Monthly Qualification Cycle: • Have at least 10 PIN-based or signature-based debit card purchases post and settle • Be enrolled in and agree to receive e-Statements Transactions and activities may take one (1) or more Banking Days from the date the transaction or activity occurred to post and settle to the account.
More Definitions of Monthly Qualification Cycle
Monthly Qualification Cycle means a period beginning one (1) day prior to the first day of the current Statement Cycle through one (1) day prior to the close of the current Statement Cycle.
Monthly Qualification Cycle means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 (up to $5 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive higher dividends; and (3) balances over $10,000 earn a lower interest rate on the portion of balance over $10,000. see rates at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. If qualifications are not met, all balances earn a specific interest rate outlined on the rates page at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM transactions do not count towards qualifying debit card transactions. Transfers between accounts do not count as qualifying transactions. Limit one account per SSN. Average Daily Balance Computation Method: The average daily balance method will be used to compute dividends. This is done by adding the balance at the close of each day during the period in which the dividends are computed, then that total is divided by the number of days in the computation period. Dividends will begin to accrue from the date the account is initially opened. Transaction Limitations: No transaction limitations apply. Accrual of Interest on Non-cash Deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). MONEY MARKET ACCOUNTS MONEY MARKET ACCOUNT Rate Information: The Dividend Rate and the Annual Percentage Yield (APY) may change every dividend period. We may change the dividend rate for your account as determined by the credit union board of directors. Compounding and Crediting: Dividends will be compounded every month. Dividends will be credited to your account on the last day of each month. If you close your share account before dividends are paid, you will not receive the accrued dividends.
Monthly Qualification Cycle means a period beginning one (1) banking day prior to the first day of the current
Monthly Qualification Cycle means a period beginning one (1) day prior to the current Statement Cycle through one (1) day before the last day of the current Statement Cycle. See the current schedule below, our website, or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.
Monthly Qualification Cycle means a period beginning one Banking Day prior to the first of the current Statement Cycle through one Banking Day prior to the close of the current Statement Cycle. Enrollment in online banking and/or in electronic statements is required to meet certain qualifiers. Please contact us for details on how to enroll. Please note that the debit card and ▇▇▇▇ pay transactions MUST post and settle to your account during the Monthly Qualification Cycle. They may not be in a pending state to qualify as one of the qualifications. Transactions may take one or more Banking Days from the date the transaction was made to post and settle an account. If you cancel electronic statement enrollment, your account will be converted to an InControl Checking Account within 60 days. You are allowed to have only one Kasasa Cashback Account with our institution. Any additional Kasasa Cash back accounts you open will be converted to Flex Checking Accounts.
Monthly Qualification Cycle means a period beginning one (1) business day prior to the first day of the current Statement cycle through one (1) business day prior to the close of the current Statement cycle. "Statement cycle" means the period of time for which we provide your statement of account activity. In addition to lower interest rate defined below, nationwide ATM withdrawal fees will not be reimbursed if qualifications are not met.
Monthly Qualification Cycle means a period beginning one (1) banking day prior to the first banking day of the current statement cycle through one (1) banking day prior to the last banking day of the current statement cycle. See our website at www.wsfcu.com or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.