Overlimit Fee definition
Examples of Overlimit Fee in a sentence
An Overlimit Fee will be charged to your Account when your balance exceeds your credit limit at any time during your monthly statement period.
If we decide to honor such a request, we may assess an Overlimit Fee as provided in this Agreement.
Penalty Fees • Late Payment $19.00 if balance is less than $250 $39.00 if balance is $250 or greater • Overlimit Fee $39.00 • Returned Payment $35.00 FEES How We Will Calculate Your Balance: We use a method called “two cycle average daily balance (including new purchases).” Loss of Introductory APR: We may end your introductory APR for Purchases and balance transfers and apply the APR in effect or the Penalty APR if you make a late payment or exceed your Account credit limit.
The Overlimit Fee will be billed on the next SOA of the Card where such transaction was charged.
Even if we allow this, you will still have to pay the Overlimit Fee detailed in Condition 8.1 and any Promotional Offers will come to an end.