New Balance definition

New Balance. This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.
New Balance. The total debit balance outstanding on the Card Account payable to AEME according to AEME’s records on the date of the Statement of Account.
New Balance means total balance due for payment by the “Principal Cardholder” to the “Bank” based on the “Bank’s” records on the date of issuing the “Statement of Account”. It may include “Previous Balance”, from previous “Billing Cycles”, as well as new balances which may comprise “New Cash Advance”and/or “New Retail Purchase”.

Examples of New Balance in a sentence

  • If the entire New Balance on a particular Statement is paid by the payment due date shown on that Statement (“Payment Due Date”), you will not be charged interest or other credit charges on such Charges (other than fees associated with Cash Advances) appearing on that Statement.

  • However, if the entire New Balance of a Statement is not paid by the Payment Due Date for that Statement, interest or other credit charges on such Charges will not be waived and will be charged from (and including) the date each such Charges are posted to the Card Account and will appear on your next Statement.

  • Your Instalment Plan payments will not form part of the New Balance or your Minimum Payment but it is important to pay both your Minimum Payment and your Instalment Plan payments to keep your Card Account in good standing.

  • Payments will be applied towards the payment of the New Balance on the Card Account (unless you are otherwise notified by us).

  • Payment of the New Balance as specified on the Statement of Account, in FULL, is due and payable no later than the Payment Due Date and the Cardmember shall incur no Interest Charge (save in relation to Cash Withdrawals) if payment of the New Balance is received by AEME on or before the Due Date.


More Definitions of New Balance

New Balance is fully settled the “Bank” shall continue to maintain this security for a period not less than forty five days from the date of cancelling the “Card”.
New Balance means the amount indicated as such on an Account Statement. The New Balance is made up of all Debt incurred up to the Statement Date;
New Balance means the amount shown on your Account statement as the new Account balance, which is the balance you owe as of the Account statement date;
New Balance means the total outstanding balance due as of the end of a Billing Cycle, as shown on the monthly statement for that Billing Cycle. “We”, “us”, and “our” mean Wilmington Savings Fund Society, FSB (“WSFS Bank”), a federally chartered savings bank headquartered in Delaware, and its successors and assigns.
New Balance means the outstanding balance in your Account at the end of any Billing Cycle, as shown on your Statement. The New Balance is the sum of the Previous Balance shown on your Statement, less payments and credits, plus new Cash Advances, Purchases, Interest Charges and Fees posted during the Billing Cycle.
New Balance means the Outstanding Balance as of a statement closing date.
New Balance means the amount due for the Billing Cycle as shown on your billing statement.