Standard Balance definition

Standard Balance means the balance outstanding on your Account other than the Buy Now Pay Later Balance;
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Examples of Standard Balance in a sentence

  • In lieu of generating a consolidated quarterly report, the GRANTEE may instead submit, in strict accordance with the above schedule, a report covering each of the months in the reporting period, which includes a Standard Balance Sheet and Standard Income and Expense Statement for each of the months in the reporting period.

  • Purchases, Cash Advances, Standard Balance Transfers, Special Balance Transfers, credits, or any other use of your Account.

  • If the total of your Standard Balance is less than £5, then the minimum payment due will be the total outstanding balance.

  • You must continue to make all payments due under this agreement, which will continue until you have repaid the full amount of both the Standard Balance and any Buy Now Pay Later Balance, including amounts added to the Account after the notice to end the agreement.

  • Buy Now Pay Later Transactions which are made in any Statement Period will be transferred from the Buy Now Pay Later Balance to the Standard Balance on the last day of the Promotional Period.

  • In either case your Credit Limit will not be less than the amount of your Standard Balance and Buy Now Pay Later Balance.

  • Transferring all or part of a balance you owe elsewhere to your Account, including both a Standard Balance Transfer and a Special Balance Transfer Billed Balances.

  • A period of 21 days from the date your Monthly Statement is sent to your technological address, or if you expressly instruct us to mail you a paper copy instead, then upon receipt of your Monthly Statement, during which you will not be charged interest for new Purchases, Standard Balance Transfers and new Purchase segment fees if you pay off your New Balance in full by your Payment Due Date.

  • The minimum payment will be the sum of (i) 1% of the Standard Balance shown on your statement (including the interest, Default Fees and arrears) plus (ii) the amount of any interest, and Default Fees charged to your Account in the current Statement Period plus (iii) the amount of any arrears, which are immediately repayable; subject to this being a minimum of £5.

  • This means that if you do not pay your Standard Balance in full, you may pay interest on interest except on Default Fees.