Common use of Minimum Payments Clause in Contracts

Minimum Payments. The Principal Cardholder may select as the minimum payment percentage any of the following percentages: 2.5%, 25%, 50%, 100% subject to a minimum payment of €5.00 or 2.5% (whichever is greater). We do not recommend that you only pay the minimum payment for prolonged periods. Interest is charged on the full outstanding balance, until repayment of the full Statement balance is credited to the Account.

Minimum Payments. The Principal Cardholder may select as the minimum payment percentage any of the following percentages: 2.55%, 25%, 50%, 100% subject to a minimum payment of €5.00 EUR6.00 or 2.55% (whichever is greater). We do not recommend that you only pay the minimum payment for prolonged periods. Interest is charged on the full outstanding balance, until repayment of the full Statement balance is credited to the Account.