QC minimum payment definition

QC minimum payment for any month means the minimum payment due and payable on your QC for that month, including (i) the QC monthly instalment applicable for any particular month; (ii) any overdue QC amount; and/or (iii) all other fee, charges and monies payable in relation to QC;

Examples of QC minimum payment in a sentence

  • Below is an illustration if you make a full payment of the minimum amount due (including all transactions, interest, fees (including any applicable upfront service fee), charges, and liabilities (including any QC minimum payment) due and payable to us in any month) by the payment due date.

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