Sentences with phrase «daily balance in your account»

However, if you have good cash flow and strong average daily balances in your accounts then underwriting may decide this isn't necessary.

Your Optimus Futures advisor will receive a daily equity run detailing all your open positions, netting all profits and losses, and showing the exact daily balances in your account.

Interest is calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period.

Under this system, a periodic rate is applied to the average daily balance in the account for each day in the dividend period.

We will calculate interest on the minimum daily balance in your account.

Sometimes the requirement is to maintain a minimum daily balance in the account or in a combination of accounts held with the institution.

Pursuant to § 230.6 (b), however, if an institution uses the average daily balance method and calculates interest for a period other than the statement period, the annual percentage yield earned shall reflect the relationship between the amount of interest earned and the average daily balance in the account for that other period.

The annual percentage yield earned for periodic statements under § 230.6 (a) is an annualized rate that reflects the relationship between the amount of interest actually earned on the consumer's account during the statement period and the average daily balance in the account for the statement period.

This method applies a periodic rate to the average daily balance in the account for the period.

Not exact matches

The banks that are most technologically advanced allow their customers to dial in via computer; others can give customers account - balance updates at specified daily intervals, by either fax or secure voice mail.

Either $ 500 in direct deposits to the account or a minimum daily balance of $ 1,500 will waive the $ 12 fee each month.

However, Gifts do not expire, and any unused balance will be placed in the Gift recipient's Daily Harvest account.

Because repayment is based upon a percentage of the daily balance in the merchant account, the more credit card transactions a business does, the faster they're able to repay the advance.

Your business will also need to be at least 1 year old with $ 100,000 in annual revenue, an average daily business bank account balance of $ 2,000 and 10 sales per month.

Because repayment is based upon a percentage of the daily balance in the merchant account, the more transactions a business does, the faster they're able to repay the advance.

They will want to look at your business bank account statements to determine how if you have a large enough average daily balance to lend to, and to evaluate how much cash you're bringing in in comparison to the amount of debt your business has.

OR Maintain a minimum daily collected balance of $ 500 or more in your BBVA Compass ClearChoice Savings account.

If the daily balance falls below $ 10,000, the interest rate paid on the entire balance in the account will be 0.095 % with an annual percentage yield of 0.10 %.

On High Yield Money Market Accounts, if the daily balance is $ 10,000 or more, the interest rate paid on the entire balance in the account will be 0.145 % with an annual percentage yield of 0.15 %.

Minimum balance requirements apply to average daily balance (amount of principal in account each day).

If your account has a minimum daily balance requirement, the fee is assessed based on what you have in the bank at the end of the business day.

Either $ 500 in direct deposits to the account or a minimum daily balance of $ 1,500 will waive the $ 12 fee each month.

You must maintain a minimum daily balance of $ 10.00 in your account each day to obtain the disclosed APY.

Compared to typical waiver requirements like a $ 1,500 daily average balance or $ 500 in direct deposits, this is practically a guaranteed way to keep a free checking account.

Fees: You'll be hit with a $ 4 monthly fee if the daily balance falls below $ 500, and a $ 5 dormancy fee will be charged if there hasn't been activity in the account for a year.

First, calculating interest on your bank account daily makes the most sense because your balance in a bank account typically fluctuates throughout the month: that is, you make deposits, and you make withdrawals.

Looking for a way to, in the event of a purchase dropping my balance below the minimum daily balance (MDB) with no way to bring it above the MDB before the end of the day, make 6 point of sale (POS) purchases that funnel back into my account (same bank or different bank) for free or at least less than the maintenance fee.

Chase Bank waives the monthly maintenance fee for account holders who maintain an average daily balance of $ 15,000 in qualifying linked deposits and investments, as well as for account holders that use their Premier Plus Checking account to make payments on a linked Chase mortgage.

That rate goes up to 0.50 % APY on daily balances of $ 20,000 or more, which compares extremely well with brick - and - mortar checking accounts in the US as a whole.

For determining the DPR, the card issuer divides the APR by 365 (days in a year), with that number multiplied by your average daily account balance and the number of days in your billing cycle.

$ 7.00 monthly service fee — waived for 60 days following account opening; after 60 days monthly service fee waived if one of the following criteria is met: Maintain an average daily balance of $ 500.00 in your STAR Checking account or Maintain $ 10,000 in total household deposit, investment and loan balances

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 AcAccount'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 Acbalance 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 Acbalance 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 AcBalance») to a maximum of $ 500,000 in Additional Balances across all of an account holder's Eligible Registered Savings Acaccount holder's Eligible Registered Savings Accounts.

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.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.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.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.Balance») to a maximum of $ 500,000 in Additional Balances across all of an account holder's Eligible Savings Accounts.account holder's Eligible Savings Accounts.»

This means that the bank would find a daily rate by dividing the nominal rate by 365, and then compounding that miniscule interest payment 365 times as the balance in your account changed perhaps daily.

The way I understand it, the daily calculation means that you accrue interest every day, enough so that if you keep the same balance in your account, it would effectively be 2 % every 183 days.

For any given account, the interest charged is equal to the card's periodic rate multiplied by the average daily balance and number of days in a billing period.

The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.

The lowest end - of - day balance in an account during a statement cycle; a certain minimum daily balance is often required with interest - bearing accounts to avoid a service charge or qualify for special services.

Although the Chase Automatic Savings Program is free to use in itself, there are monthly maintenance fees for Chase checking and savings accounts, but the monthly service fee for Chase Savings is waived if you have a repeating automatic transfer of $ 25 or more, and the monthly service fee for Chase Total Checking is waived if you maintain a $ 1,500 minimum daily balance or have direct deposits totaling $ 500 or more (or keep $ 5,000 in combined Chase account balances).

2 No Monthly Fee for Santander ® Money Market Savings with any personal Santander checking account or with $ 10,000 average daily balance in the Santander ® Money Market Savings account (otherwise, $ 10.00).

1Non - TD fees reimbursed when minimum daily balance is at least $ 2,500 in checking account.

Chase Total Checking is its most basic account, with a monthly fee that you can get waived in several ways, such as maintaining a certain minimum daily balance or receiving direct deposits.

** Average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

For all accounts using a Daily Balance method, dividends are calculated by applying a daily periodic rate to the principal in the account eachDaily Balance method, dividends are calculated by applying a daily periodic rate to the principal in the account eachdaily periodic rate to the principal in the account each day.

If you maintain a minimum daily balance of XXXX or more in this account, you won't be charged this fee.

Yes, Tangerine has an app, but it's designed for your chequing account and it takes a few taps to get down to see your investments, and even there they only show you the balance in your investment account, with no flashy graphs of recent market drops or big red daily change numbers, and no individual segment reporting so you have to work a bit harder to activate your lizard brain.

If your Daily Balance is $ 10,0000.00 and below AND you meet all of the basic service requirements during the calendar month, the applicable Tier 1 Dividend Rate and Annual Percentage Yield listed for this account in the Rates Schedule will apply for Level C [3.09 %].

If you maintain a minimum daily balance of XXXX or more in this account or if you are enrolled in the Preferred Rewards program, you won't be charged this fee.

Average daily balances for the statement cycle in eligible linked checking, savings and money market savings accounts, AND

If your Daily Balance is $ 20,000.00 or below AND you meet all of the basic service requirements during the calendar month, the applicable Tier 1 Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply, for levels A [5.09 %] and B [4.09 %];