Common use of Payment Allocation Method Clause in Contracts

Payment Allocation Method. Any payment received will be applied in the order of balances attracting the highest interest rate to the lowest interest rate.

Appears in 5 contracts

Sources: American Express Explorer Business Card Agreement, American Express Explorer Business Card Agreement, Business Card Agreement

Payment Allocation Method. Any payment received will be applied in the order of balances attracting the highest interest rate to the lowest interest rate.. Finance Charges

Appears in 1 contract

Sources: Credit Card Agreement