Sentences with phrase «accrue during the promotional period»

However, be wary of the card's special financing deals — while they might come in handy on those big - ticket buys, they actually include what's called deferred interest, which means interest accrues during the promotional period and is applied to your account if you don't pay your entire balance by the end of the term.

The former is considered true no - interest financing — in which no interest accrues during the promotional period, so long as you make minimum monthly payments — while the latter denotes a deferred - interest deal, which means interest is retroactively applied from the date of purchase if you don't pay your entire balance by the end of the term.

Many retail cards, in contrast, offer deferred interest financing deals, in which interest accrues during the promotional period.

Not exact matches

With the 0 % introductory APR, all purchases you make — whether big or small — won't accrue any interest charges during the promotional interest period.

With the 0 % introductory APR, all purchases you make — whether big or small — won't accrue any interest charges during the promotional interest period.

If you close your account or switch to another product during the promotional period, you will no longer be eligible for this promotion or any miles that you may have accrued.

If you close your AAdvantage ® Aviator ™ Red MasterCard ® account or switch to another product during the promotional period, you will no longer be eligible for this promotion or any miles that you may have accrued.

Another disadvantage of the special financing offer with Lowe's is that although you don't have to pay the interest during the promotional period, that interest is still accruing.

(Keep in mind, though, that interest accrues during that time and will be charged to your account from the date of purchase if the balance isn't paid in full by the end of the promotional period.)