Sentences with phrase «accruing new interest charges»

And if your balance isn't accruing new interest charges, your entire minimum payment is applied to your balance.

Not exact matches

However, if you do not pay the New Balance for purchases within the grace period, your Interest Charge will accrue on any unpaid purchases transactions from the date of purchase.

Interest is then charged on the new balance, including both the unpaid principal and the accrued iInterest is then charged on the new balance, including both the unpaid principal and the accrued interestinterest.

Your daily balance is determined by adding any new advances, charges or unpaid accrued interest to the day's beginning balance and then subtracting any payments or credits that are made.

While the balance you carry under a 0 % balance transfer offer won't accrue interest during the interest - free period as long as you make every minimum payment on time, credit card companies usually charge consumers a fee for moving the balance from the old card to the new, 0 % introductory offer card.

Keep in mind that grace periods only apply to new purchases; transactions considered to be balance transfers or cash advances will start accruing interest as soon as the charge posts to your account.