Common use of Interest Charge Clause in Contracts

Interest Charge. This is a finance charge on the balance outstanding in the Card Account. The charge is based at the prescribed rate calculated on a daily rest basis in accordance to the Cardholder’s payment record under 3 scenarios (“Tiered Finance Charge”) as set out in the Schedule of Fees & Charges in Appendix 1. The Tiered Finance Charge apply to all except (1) Cash Advance (2) QuickCash program (3)

Appears in 3 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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Interest Charge. This is a finance charge on the balance outstanding in the Card Account. The charge is based at the prescribed rate calculated on a daily rest basis in accordance to the CardholderCardmember’s payment record under 3 scenarios (“Tiered Finance Charge”) as set out in the Schedule of Fees & Charges in Appendix 1. The Tiered Finance Charge does not apply to all except to: (1) Cash Advance (2) QuickCash program (3)balance transfer program.

Appears in 2 contracts

Samples: Cardmember Agreement, Cardmember Agreement

Interest Charge. This is a finance charge on the balance outstanding in the Card Account. .The charge is based at the prescribed rate calculated on a daily rest basis in accordance to the CardholderCardmember’s payment record under 3 scenarios (“Tiered Finance Charge”) as set out in the Schedule of Fees & Charges in Appendix 1. The Tiered Finance Charge does not apply to all except to: (1) Cash Advance (2) QuickCash program (3)balance transfer program.

Appears in 1 contract

Samples: Mastercard/Visa Agreement

Interest Charge. This is a finance charge on the balance outstanding in the Card Account. The charge is based at the prescribed rate calculated on a daily rest basis in accordance to the CardholderCorporation’s payment record under 3 scenarios (“Tiered Finance Charge”) as set out in the Schedule of Fees & Charges in Appendix 1. The Tiered Finance Charge does not apply to all except (1) Cash Advance (2) QuickCash program (3)Advance.

Appears in 1 contract

Samples: Business Card Agreement

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Interest Charge. This is a finance charge on the balance outstanding in the Card Account. The charge is based at the prescribed rate calculated on a daily rest basis in accordance to the Cardholder’s payment record under 3 scenarios (“Tiered Finance Charge”) as set out in the Schedule of Fees & Charges in Appendix 1. The Tiered Finance intheSchedule ofFees&ChargesinAppendix 1.TheTieredFinance Charge doesnot apply to all except to: (1) Cash Advance (2) QuickCash program (3)program.

Appears in 1 contract

Samples: Cardholder Agreement

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