Common use of Minimum Amount Due Clause in Contracts

Minimum Amount Due. You agree to pay us at least the Minimum Amount Due by the due date specified in your statement. The Minimum Amount Due is calculated as set out in the FPO Financial Table. Payments will be treated as clearing arrears before they are treated as payment of your minimum payment. Credits, for example as a result of returned goods or a fee credit, are not considered a payment for the purpose of paying the Minimum Amount Due. If you have enrolled your Linked Charge Card Account in Direct Debit, your Minimum Amount Due will be automatically deducted (not the full closing balance). If you would like to pay more than the Minimum Amount Due, you may do so via online account or by calling the number at the back of your Card.

Minimum Amount Due. You agree to pay us at least the Minimum Amount Due by the due date specified in your statement. The Minimum Amount Due is calculated as set out in the FPO Financial Table. Payments will be treated as clearing arrears overdue amounts before they are treated as payment of your minimum paymentMinimum Amount Due. Credits, for example as a result of returned goods or a fee credit, are not considered a payment for the purpose of paying the Minimum Amount Due. If you have enrolled your Linked Charge Card Account in Direct Debit, your Minimum Amount Due will be automatically deducted (not the full closing balance). If you would like to pay more than the Minimum Amount Due, you may do so via online account Account or by calling the number at the back of your Card.