Common use of Minimum Interest Charge Clause in Contracts

Minimum Interest Charge. If the total of the interest charges for all balances is less than $1.50, then a Minimum Interest Charge of $1.50 will be assessed on the Account. This fee is in lieu of any interest charge.

Appears in 12 contracts

Sources: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

Minimum Interest Charge. If the total of the interest charges for all balances is less than $1.50, then a Minimum Interest Charge of $1.50 will be assessed on the Account. .This fee is in lieu of any interest charge.

Appears in 2 contracts

Sources: Credit Card Agreement, Credit Card Agreement