Sentences with phrase «balance during the offer period»

the portion of the Eligible Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance»)

Yes, scenario 2 is wrong, I apologize for my confusion - Norman1 has convinced me of this, BUT I'm unsure why in scenario1 you would say that getting 1 % for 2 months was acceptable, when you are expecting 3 % - what % of the population would interpret «average daily closing balance during the Offer Period that exceeds the closing balance» correctly?

The Promotional Interest is calculated on the portion of the Eligible Registered Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance») to a maximum of $ 500,000 in Additional Balances across all of an account holder's Eligible Registered Savings Accounts.

Here's the key sentence: «The Promotional Interest is calculated on the portion of the Eligible Savings Account's AVERAGE DAILY CLOSING BALANCE DURING THE OFFER PERIOD that exceeds the closing balance as at October 31, 2017».

The Promotional Interest is calculated on the portion of the Eligible Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017... From Simplii current regular 1 % interest rate: Interest is calculated on the daily closing balance... So, that additional 2 % interest will be calculated on the average daily closing balance during the whole Offer Period.

The Promotional Interest is calculated on the portion of the Eligible Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance»)

Their wording and punctuation etc., cut - and - pasted: «The Promotional Interest is calculated on the portion of the Eligible Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance») to a maximum of $ 500,000 in Additional Balances across all of an account holder's Eligible Savings Accounts.»

The Promotional Interest is calculated on the portion of the Eligible Registered Savings Account's average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2017 (the «Additional Balance») to a maximum of $ 500,000

Not exact matches

The 3 % balance - transfer fee will eat into interest savings during the introductory period, and the no - interest offer on new purchases is shorter than for other top cards.

Just because you transferred your balance to a credit card that offers a zero percent interest rate for six months, that doesn't mean that you won't pay a much higher interest rate for purchases you make during the introductory period.

Payment options — Most often, a home equity loan will have fixed payments for the entire term of the loan while a line of credit offers flexible payment options based on the current balance of the loan during the draw period.

With the average balance method, some of the Promotional Interest accrued to date is «taken back» should one withdraw, during the Offer Period, all the new money plus some of the original money that was there at the close of October 31.

Bottom line with a 0 % introductory APR offer for balance transfers this would allow you to pay off more of the actual transferred debt without having to worry about interest adding on to your qualifying principal balance during the introductory period.

If you do not pay your minimum payment by the payment due date in any month during the promotional period, you will lose the benefit of this promotional interest rate offer and, effective the first day of the next monthly statement period, the regular annual interest rate for cash advances will apply to any remaining balance transfer amounts.

So, that additional 2 % interest will be calculated on the average daily closing balance during the whole Offer Period.

(a) each day's full closing balance for an eligible TFSA Savings Account opened during the Offer Period; or

If a TFSA Savings Account is opened during the Offer Period, it is eligible to earn Bonus Interest on the full daily closing balance from the date the TFSA Savings Account is opened for the duration of the Offer Period.

Look for cards that offer low — or even zero — balance transfer fees during the introductory period.

What's more, many great introductory APR offers — including our favorites below — will apply to both new purchases as well as balance transfers, so you won't be charged interest on those rewards - reaping new purchases during the introductory period.

Some cards do offer 0 % promotional periods on purchases and balance transfers, so this is something to keep in mind during your comparison.

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.

These credit cards offer a promotional period (usually 12 to 24 months) during which interest isn't charged on the account's balance.

Since most companies offer 0 % interest during an initial trial period of up to twelve months, many people choose to transfer balances after the 0 % interest period is up.

I only transfer the amount I know I can payoff during the time of the 0 % balance carry offer time period.

A lot of balance transfer credit cards offer very low or even 0 % interest rate during the introductory period.

These cards typically offer 0 % APR for anywhere from six to 21 months, making it easier for cardholders to pay off debt — since every dollar they pay goes toward the principal of the balance during that promotional period.

For example, do the math to figure how much you need to pay each month to pay off a balance during a 0 percent introductory offer and do not add to the balance during that payoff period.

With American's OneWorld partner, British Airways, offering a Triple Avios promotion during the same period travelers have the chance to bulk up their reward account balances if flying over the next few months.

What's more, many great introductory APR offers — including our favorites below — will apply to both new purchases as well as balance transfers, so you won't be charged interest on those rewards - reaping new purchases during the introductory period.

Many cards offer a 0 % APR promotion, which can save new cardholders hundreds of dollars on interest during the introductory period if they carry a balance or make a balance transfer.

This way you can pay off the balance without paying extra in interest during the special time period of the offer (about 6 to 18 months or so) before an interest rate kicks in.

Purchases made during periods when your account is delinquent, your balance exceeds your credit line or your account is otherwise not in good standing as defined in your Cardmember Agreement do not qualify for this offer.

Consolidate all your high - interest debt by moving it to another card that offers 0 % interest on balance transfers for a specific period of time so that you can pay off your existing debt interest - free during that period.

The BankAmericard ® Credit Card offers 0 % intro balance transfer fee during the first 60 days of account opening, and you can enjoy an intro APR of 0 % for 15 billing cycles on balance transfers made during the same 60 - day period.

For example if you owed $ 5000 on two different credit cards you could transfer both balances onto the balance transfer credit card and save a lot on interest especially during the low introductory APR interest rate (which is for a set period depending — most offers are 12 months, but some can be even 15 months).

What you might miss in the fine print is that after the period is over, any outstanding balances need to be repaid at the regular interest rate even if they were charged to the card during the intro offer.