Your minimum payment Sample Clauses

Your minimum payment. You must pay at least the minimum payment by the payment due date. Your minimum payment is described in the card carrier or in any notice we may provide to you. You may pay your account balance in full at any time.

Your minimum payment. You must pay at least the minimum payment indicated in your monthly statement by the Due Date. You may pay the entire balance of your Account in full at any time.

Your minimum payment. The way we calculate your Minimum Payment will depend on the type of Visa Card that you hold. Here’s how we determine your Minimum Payment: Vancity Community Investment Bank Shared Interest Classic Minimum Payment will be the sum of: • 3% of the Balance shown on your statement, or $10, whichever is higher • any amount by which your balance exceeds your Credit Limit • any previous unpaid amounts Balance: $100 $500 3% of Balance: Overlimit Amount: Past Due Amount: $3 $0 $0 $15 $0 $50 Minimum Payment: $10 $65 Vancity Community Investment Bank Shared Interest Gold Minimum Payment will be the sum of: • 3% of the Balance shown on your statement, or $50, whichever is higher • any amount by which your balance exceeds your Credit Limit • any previous unpaid amounts Balance: $1000 $5500 3% of Balance: Overlimit Amount: Past Due Amount: $30 $0 $0 $165 $500 $0 Minimum Payment: $50 $665 For Vancity Community Investment Bank Shared Interest Classic Visa Cards, if your outstanding Balance is less than $10, you must pay it in full by the Payment Due Date (in that case, your Minimum Payment is your outstanding Balance). For Vancity Community Investment Bank Shared Interest Gold Visa Cards, if your outstanding Balance is less than $50, you must pay it in full by the Payment Due Date (in that case, your Minimum Payment is your outstanding Balance).

Your minimum payment. You shall pay in one payment, by no later than the due date shown on your Account statement for a given period, the aggregate of the following: • At least 2.0% OF THE TOTAL of (1) the indebtedness remaining on the Account statement for the previous period; (2) the Purchases during the period covered by the Account statement; (3) the Cash Advances obtained and Convenience Cheques posted during the period covered by the Account statement; (4) the applicable interest charges on indebtedness that was not paid on the due date shown on the Account statement for the previous period; and (5) the applicable interest charges on Cash Advances obtained and Convenience Cheques posted during the period covered by the Account statement; LESS; (6) the payments received since the date of the Account statement for the previous period; and (7) the amount of any transaction that has led to a credit adjustment during that period; or $40, if 2.0% of the previously determined amount is less than $40; • Plus any annual card fees or additional card fees appearing on the current statement; • Plus any unpaid portion of the amount required to be paid by the payment due date set out in a previous Account statement; • Plus any other amount for which Collabria gives notice. You may elect to pay your Account balance in full at any time.

Your minimum payment. The way we calculate your Minimum Payment will depend on the type of Visa Card that you hold. Here’s how we determine your Minimum Payment: Vancity enviro Classic Minimum Payment will be the sum of: • 3% of the Balance shown on your statement, or $10, whichever is higher • any amount by which your balance exceeds your Credit Limit • any previous unpaid amounts Balance: $100 $500 3% of Balance: Overlimit Amount: Past Due Amount: $3 $0 $0 $15 $0 $50 Minimum Payment: $10 $65 Vancity enviro Gold Minimum Payment will be the sum of: • 3% of the Balance shown on your statement, or $50, whichever is higher • any amount by which your balance exceeds your Credit Limit • any previous unpaid amounts Balance: $1000 $5500 3% of Balance: Overlimit Amount: Past Due Amount: $30 $0 $0 $165 $500 $0 Minimum Payment: $50 $665 For Vancity enviro Classic Visa Cards, if your outstanding Balance is less than $10, you must pay it in full by the Payment Due Date (in that case, your Minimum Payment is your outstanding Balance). For Vancity enviro Gold Visa Cards, if your outstanding Balance is less than $50, you must pay it in full by the Payment Due Date (in that case, your Minimum Payment is your outstanding Balance).

Your minimum payment. You may pay your account balance in full at any time. By the payment due date shown on your account statement, you must pay at least the minimum payment. If you reside outside of Quebec: Your minimum payment will be equal to the greater of (i) $10.00; or (ii) 2.00 of the new balance plus the greater of: • any amount past due on your account statement; or • the amount by which your new balance exceeds your credit limit If your new balance is $10.00 or less, you must pay the full amount. If you reside within Quebec: The following minimum payment terms apply: Your minimum payment will be the greater of the following: (i) the percentage of your outstanding balance indicated below plus any amount past due on your account statement; or (ii) any amount by which your new balance exceeds your credit limit; or (iii) $10.00. If your new balance is $10.00 or less, you must pay the full amount. Credit Card Statements Generated During the Following Periods Percentage of the Outstanding Balance Payable August 1, 2019 to July 31, 2020 2.50 August 1, 2020 to July 31, 2021 3.00 August 1, 2021 to July 31, 2022 3.50 August 1, 2022 to July 31, 2023 4.00 August 1, 2023 to July 31, 2024 4.50 August 1, 2024 or later 5.00

Your minimum payment. You shall pay in one payment, by no later than the due date shown on your Account statement for a given period, the aggregate of the following:

Your minimum payment. The Business or you (as may be applicable) shall pay in one payment, on or before the due date shown on the Account statement for a given period, the aggregate of the following: (a) the indebtedness remaining on the Account statement for the previous period; (b) the Purchases during the period covered by the Account statement; (c) the Cash Advances obtained during the period covered by the Account statement; (d) the applicable credit charges on indebtedness that was not paid on the due date shown on the Account statement for the previous period; and (e) the applicable credit charges on Cash Advances obtained during the period covered by the Account statement; (a) the payments received since the date of the Account statement for the previous period; and (b) the amount of any transaction that has led to a credit adjustment during that period; or $40, if 2.0% of the previously determined amount is less than $40; (a) any annual card fees or additional card fees appearing on the current statement; (b) any unpaid portion of the amount required to be paid by the payment due date set out in a previous Account statement; and (c) any other amount for which Meridian gives notice. The Business or you and, as applicable, the Account Administrator may elect to pay the Account balance in full at any time. If: (a) the minimum payment as set out above is not made on or before the due date on the applicable statement; (b) there are any payment arrears under the Account; (c) the Business does not or you do not comply with the terms of this Agreement; or (d) if Meridian reasonably believes that the Business or you will not be able to make a payment: (i) Meridian reserves the right to apply any monies on deposit in respect of the Business with Meridian or any of its affiliates to bring the Account in good standing; or (ii) Meridian may require the Business to immediately pay the entire outstanding balance on the Account, plus any applicable interest; and (iii) the Business must pay Meridian’s legal fees and other expenses as set out in Section 19 below.