INTEREST RATES AND INTEREST CHARGES Sample Clauses

INTEREST RATES AND INTEREST CHARGES. I understand that a portion of my FINANCE CHARGES incurred during a billing cycle will include my INTEREST CHARGES incurred during that billing cycle. The INTEREST CHARGE for a billing cycle will be calculated by applying my Monthly Periodic Rate to my Average Daily Balance. I understand and agree that under the “Change of Terms” section above, you have the right in your sole and absolute discretion to change the amount of any ANNUAL PERCENTAGE RATE, Monthly Periodic Rate and/or INTEREST CHARGE that may apply to my Account. Monthly Periodic INTEREST CHARGE, Monthly Periodic Rate, and ANNUAL PERCENTAGE RATE for Cash Advances, Balance transfers and Purchases: The initial Monthly Periodic Rate used in calculating the Monthly Periodic INTEREST CHARGE is a discounted Monthly Periodic Rate with an initial discounted ANNUAL PERCENTAGE RATE as disclosed on the enclosed “Addendum to Platinum Rewards VISA Credit Card Agreement & Federal Truth-in-Lending Disclosure Statement” (“Addendum”) which accompanies this Agreement and is incorporated herein by this reference as though set forth in full. The initial discounted Monthly Periodic Rate will remain in effect during my first six (6) monthly billing cycles, unless I fail to make a payment when due or I make a payment that is returned (for further information, please refer to the PENALTY ANNUAL PERCENTAGE RATE section below). Thereafter, the Monthly Periodic Rate used in calculating the Monthly Periodic INTEREST CHARGE for Balance Transfers, Cash Advances and Purchases is based upon the Prime Rate rounded to the nearest 1/100 of 1% as published in the “Money Rates” section of the print edition of the Wall Street Journal as of March 1, June 1, September 1 and December 1 of each year (the “Index”). Following the discounted period, my ANNUAL PERCENTAGE RATE for Cash Advances, Purchases and Balance Transfers, is determined by adding a Margin to the Index in effect as of the first (1st) day of the month preceding the month of my “Adjustment Date” (defined below). The Index, Margin and Initial Monthly Periodic Rate in effect as of the date of this Agreement that would have been used in calculating the monthly Periodic INTEREST CHARGE (applying the formula below) and the corresponding initial ANNUAL PERCENTAGE RATE is also set forth in the enclosed Addendum. Following the discounted period described above, my ANNUAL PERCENTAGE RATE may increase or decrease every quarter. Any such change will be based on an increase or decreas...
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INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate for Purchases This APR will vary with the market based on the highest Prime Rate publishedin“Money Rates”section of the Wall Street Journal. 0% Introductory APR for the first 12 Statement Closing Dates following the openingofyourAccount. After that, your APR will be variable between 10.99% to 18% based on your creditworthiness when you open your Account. APR for Balance Transfers This APR will vary with the market based on the highest Prime Rate publishedin“Money Rates”section of the Wall Street Journal. 0% Introductory APR for the first 12 Statement Closing Dates following the opening ofyourAccount. After that, your APR will be variable between10.99 %to 18% based on your creditworthiness when you open your Account. APR for Cash Advances This APR will vary with the market based on the highest Prime Rate publishedin“Money Rates”section of the Wall Street Journal. 18% APR for Cash Advances
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INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases A Non-variable monthly periodic rate will be charged and the ANNUAL PERCENTAGE RATE (corresponding to the monthly periodic rate) may change/be higher, based on your credit qualifications. 4.49% - 18.00%* The minimum ANNUAL PERCENTAGE RATE (APR) is as low as 4.49%, with a monthly periodic rate of .541% and the maximum ANNUAL PERCENTAGE RATE (APR) is 18.00% with a maximum monthly periodic rate of 1.50%. The ANNUAL PERCENTAGE RATE (APR) you pay is based on your credit worthiness. APR for Cash Advances 4.49%-18.00%* Subject to credit worthiness APR for Balance Transfer Advances 4.49%-18.00%* Subject to credit worthiness Penalty APR and When It Applies 18.00%** This APR may be applied to your account if you: 1) Make your payment 60 days late, or 2) A returned payment causes your account to become 60 days late How to Avoid Paying Interest on Purchases Your due date is at least 21 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month and your previous balance is zero or a credit balance. Minimum Finance Charge $.50 if Finance charges are due on account. For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore Fees Annual Fee / Set Up / Maintenance $0*** Transaction Fees • Balance Transfer • Cash Advance • Foreign Transactions Up to 2% of amount transferred 2% of advance 1% of each foreign transaction amount in U.S. dollars Penalty Fees • Late Payment • Over Limit • Returned Payment Up to $30.00 Up to $20.00 Up to $35.00 Other Fees • Sales Draft • Replacement Card $10.00 $5.00 (first replacement of standard-issue card is FREE) How We Calculate Your Balance: We use a method called “average adjusted daily balance (excluding new purchases).”See Account Agreement and Disclosure for more details. Billing Rights: Information on your rights to dispute transactions is provided in your Account Agreement and Disclosure. *Contract Rates are based on FICO Score. Actual Rate for each particular Card Holder are specified in Credit Card Addendum. Card Holder may request a “Rate Review”, limited to every six months and subject to prevailing rates. **Rates, APRs, and Penalty APRs are current as of 06/01/2017 and are subject to change. ***Should a UCC not be on file fo...
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INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases 11.90% APR for Balance Transfers 11.90% APR for Cash Advances 11.90% Paying Interest Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. For Credit Card tips from the Consumer Financial To learn more about factors to consider when applying for or Protection Bureau using a credit card, visit the website of the Consumer Financial Protection Bureau at http:xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxxx. FEES Transaction Fees – Foreign Transaction Fee 1.00% for each multiple currency transaction in US dollars 0.80% of each single currency transaction in US dollars Penalty FeesLate Payment Fee Up to $20.00  Returned Payment Fee Up to $20.00 How we will calculate your balance. We use a method called “average daily balance (including new purchases).” See your account Agreement for more details. Billing Rights. Information on your rights to dispute transactions and how to exercise those rights is provided in your account Agreement.
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INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) For Purchases 16% fixed for the life of the account on all purchases. How To Avoid Paying Interest On Purchases You will not be charged interest if you pay your balance by 5:00 p.m. on the due date listed on your billing statement. The due date will be at least 21 days after the date of mailing. Minimum Interest Charge If you are charged interest, the charge will be no less than $0.70. For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at xxxx://xxx.xxxxxxxxxxxxxx.xxx/creditcard. FEES Annual Fee None. Transaction Fees • Balance Transfer • Cash Advance None: Balance Transfers Not Available. None: Cash Advances Not Available. Penalty Fees • Late Payment • Over-the-Credit Limit • Returned Payment None. None. $20.00 How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” See the BALANCE COMPUTATION METHOD section of the TERMS AND CONDITIONS below for more details. Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in the IMPORTANT DISCLOSURE FOR ALL CREDIT CARD CUSTOMERS below.
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INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases 0% Introductory APR on all purchases for six months.* After that, the Standard APR will range from
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INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases 0% Introductory APR on all purchases for six months. * After that, the Standard APR will range from 7.99% to 17.99%, based on your creditworthiness APR for Balance Transfers APR for Cash Advances How to Avoid Paying Interest on Purchases For Credit Card Tips From the Consumer Financial Protection Bureau 0% introductory APR for twelve months.** After that, the Standard APR will range from 7.99% to 17.99%, based on your creditworthiness 0% introductory APR for six months After that, the Standard APR will range from 7.99% to 17.99%, based on your creditworthiness Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore FEES Annual Fee None Penalty FeesLate PaymentReturned Payment Up to $25 Up to $25 How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” *Introductory rate good until the first day of the billing cycle that includes the six month anniversary date of the opening of your account **Offer only applies to balance transfer requests received by us within 30 business days of account opening. Federally insured by NCUA.
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Related to INTEREST RATES AND INTEREST CHARGES

  • Interest Charges You agree to pay interest at the rate(s) disclosed to you at the time you open your account and as may be changed from time to time in accordance with applicable law. Average Daily Balance including new transactions: Interest Charges will accrue on your average daily balance outstanding during the month. To get the average daily balance, we take the beginning balance each day, add any new purchases, cash advances, balance transfers or other advances, and subtract any payments, unpaid interest charges, and unpaid late charges. This gives us the daily balance. Then, we add up all the daily balances for the billing cycle and divide that by the number of days in the billing cycle. We then multiply that by the periodic rate corresponding to the Annual Percentage Rate on your account. If you have different rates for purchases, cash advances or balance transfers, separate average daily balances for each will be calculated and the appropriate periodic rate is then applied to each.

  • Payment Due Dates and Interest Should the Owner fail to pay a proper invoice within thirty calendar days of receipt, the Design Professional shall notify the Owner in writing by Certified or Statutory mail. If the Owner fails to pay within five business days of receipt of the notice, the Design Professional shall receive, in addition the sum named in the proper invoice, interest thereon at the rate of one half (½) percent per month on the unpaid balance as may be due.

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report.

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

  • Notification of Rate of Interest and Interest Amounts The Agent or the Calculation Agent, as applicable, will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer and any stock exchange on which the relevant Floating Rate Notes are for the time being listed (by no later than the first day of each Interest Period) and notice thereof to be published in accordance with Condition 13 as soon as possible after their determination but in no event later than the fourth London Business Day thereafter. Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without prior notice in the event of an extension or shortening of the Interest Period. Any such amendment will promptly be notified to each stock exchange on which the relevant Floating Rate Notes are for the time being listed and to the Noteholders in accordance with Condition 13. For the purposes of this paragraph, the expression London Business Day means a day (other than a Saturday or a Sunday) on which banks and foreign exchange markets are open for general business in London.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.

  • Determination of Rate of Interest and calculation of Interest Amounts The Agent will at or as soon as practicable after each time at which the Rate of Interest is to be determined, determine the Rate of Interest for the relevant Interest Period. The Agent will calculate the amount of interest (the Interest Amount) payable on the Floating Rate Notes for the relevant Interest Period by applying the Rate of Interest to:

  • Minimum Interest Charge If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1. This charge is in lieu of any interest charge.

  • Default Interest Rate From and after the occurrence of any Event of Default, and so long as any such Event of Default remains unremedied or uncured thereafter, the Obligations outstanding under the Agreement shall bear interest at a per annum rate of five percent (5%) above the otherwise applicable interest rate hereunder, which interest shall be payable upon demand. In addition to the foregoing, a late payment charge equal to five percent (5%) of each late payment hereunder may be charged on any payment not received by Bank within ten (10) calendar days after the payment due date therefor, but acceptance of payment of any such charge shall not constitute a waiver of any Event of Default under the Agreement. In no event shall the interest payable under this Addendum and the Agreement at any time exceed the maximum rate permitted by law.

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