Plan Adjusted Balance definition

Plan Adjusted Balance. If you have a Fixed Payment Program balance, the “Plan Adjusted Balance” is the amount you must pay on your Account each month to avoid paying interest on new Purchases. It is the amount you owe that is not part of any Fixed Payment Program plus the total monthly payment obligation for your Fixed Payment Program(s), not including any disputed amounts. • ExtendPay Plans provide you the ability to designate eligible Purchases you have made and pay them off over a specified number of payments with a fixed monthly fee and no interest. The eligible Purchases, pay-back period options and monthly payment obligation including applicable ExtendPay Fees will be disclosed to you when you enroll in an ExtendPay Plan through online banking , our mobile app, or other methods we may make available to you. Advances, Balance Transfers and Convenience Checks; Purchases subject to a promotional interest rate; and fees and interest may not be paid through an ExtendPay Plan. • ExtendPay Loans provide you the ability to request cash from your Account and pay it back over a specified number of payments with a fixed monthly fee and no interest. The pay-back period options and monthly payment obligation including applicable ExtendPay Fees will be disclosed to you when you enroll in an ExtendPay Loan through online banking, our mobile app, or other methods we may make available to you. The requested funds may only be deposited to an eligible deposit account at a financial institution in the United States.
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Examples of Plan Adjusted Balance in a sentence

  • In order to avoid additional INTEREST CHARGES on new Purchases, you must pay your new balance, or Plan Adjusted Balance if you have any Fixed Payment Program balance(s), in full by the Payment Due Date.

  • You have a 24-30 day interest-free period for Purchases provided you have paid your previous balance, or Plan Adjusted Balance (defined in the Fixed Payment Program section) if your previous statement had any Fixed Payment Program balance(s), in full by the Payment Due Date shown on your monthly Account statement.

  • From time to time we may offer to you the benefit of our Fixed Payment Programs, including ExtendPay Plans and ExtendPay Loans, which allow you to pay off balances in fixed monthly payments over time and still avoid paying INTEREST CHARGES on new Purchases, as long as you pay the Plan Adjusted Balance in full each month.

Related to Plan Adjusted Balance

  • Total compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • First-tier sub-award means an award issued directly by the prime Awardee to a sub- awardee to provide support for the performance of any portion of the substantive project or program for which the award was received. A sub-award includes an agreement that the prime Awardee or a sub-awardee considers a contract.

  • Plan means any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA) established by the Borrower or, with respect to any such plan that is subject to Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate.

  • Base Date means a date 30 day prior to the submission of tenders.