Payment Allocation. We allocate payments at our discretion as permitted by applicable law. The amount of your payment equal to the Total Minimum Payment Due will be allocated first to unpaid Transaction Fees, Account Fees, and Minimum Interest Charges, then to unpaid interest charges, then to the balance with the highest APR and then to balances with lower APRs. Payment amounts in excess of your Total Minimum Payment Due will be applied to balances with higher APRs before balances with lower APRs.
Appears in 4 contracts
Sources: Business Credit Card Agreement, Credit Card Agreement, Business Credit Card Agreement
Payment Allocation. We allocate payments at our discretion as permitted by applicable law. The amount of your payment equal to the Total Minimum Payment Due will be allocated first to unpaid Transaction Fees, Account Fees, and Minimum Interest Charges, then to unpaid interest charges, then to the balance with the highest lowest APR and then to balances with lower higher APRs. Payment amounts in excess of your Total Minimum Payment Due will be applied to balances with higher APRs before balances with lower APRs.APRs and any remaining portion to the other balances in descending order based on the applicable annual percentage rate..
Appears in 3 contracts
Sources: Business Credit Card Agreement, Credit Card Agreement, Business Credit Card Agreement
Payment Allocation. We allocate payments at our discretion as permitted by applicable law. The amount of your payment equal to the Total Minimum Payment Due will be allocated first to unpaid Transaction Fees, Account Fees, and Minimum Interest Charges, then to unpaid interest charges, then to the balance with the highest lowest APR and then to balances with lower higher APRs. Payment amounts in excess of your Total Minimum Payment Due will be applied to balances with higher APRs before balances with lower APRs.
Appears in 2 contracts
Sources: Credit Card Agreement, Business Credit Card Agreement
Payment Allocation. We allocate payments at our discretion as permitted by applicable law. The amount of your payment equal to the Total Minimum Payment Due will be allocated first to unpaid Transaction Fees, Account Fees, and Minimum Interest Charges, then to unpaid interest charges, then to the balance with the highest lowest APR and then to balances with lower higher APRs. Payment amounts in excess of your Total Minimum Payment Due will be applied to balances with higher APRs before balances with lower APRsAPRs and any remaining portion to the other balances in descending order based on the applicable annual percentage rate. .
Appears in 1 contract
Sources: Credit Card Agreement
Payment Allocation. We allocate payments at our discretion as To the extent permitted by applicable law. The , we allocate payments as follows: the amount of your payment equal up to the Total Minimum Payment Due will be allocated first to unpaid Transaction Feesin any manner we choose, Account Fees, and Minimum Interest Charges, then to unpaid interest charges, then to the balance with the highest APR and then to balances with lower APRsin our sole discretion. Payment amounts in excess of your Total Minimum Payment Due will be applied first to the balance with the highest APR and then to balances with higher lower APRs before balances with lower APRsin descending order based on the applicable annual percentage rate.
Appears in 1 contract
Sources: Credit Card Agreement