Common use of Payment Allocation Clause in Contracts

Payment Allocation. Your payment will be applied in the following order to any of these costs you owe: (1) collection costs, (2) fees and other Card charges, (3) late charges and periodic interest charges in the manner and order the Credit Union elects, and (4) unpaid principal balance of accrued Purchases and Cash Advances.

Appears in 8 contracts

Sources: McU2 Visa Cardholder Agreement, Visa Cardholder Agreement, Mcu Visa Platinum Cardholder Agreement

Payment Allocation. Your payment will be applied in the following order to any of these costs you owe: (1) collection costs, (2) fees and other Card card charges, (3) late charges and charges, periodic interest charges and insurance premiums in the manner and order the Credit Union elects, and (4) unpaid principal balance of accrued Purchases and Cash Advances.

Appears in 7 contracts

Sources: Visa Cardholder Agreement, Visa Gold Cardholder Agreement, Visa Cardholder Agreement