Sentences with phrase «day balance in the account»

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.

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 monthly maintenance fee or qualify for special services.

Interest is calculated by the daily balance method, which applies a periodic rate to the end of day balance in the account each day.

Not exact matches

Of note, Ally Bank pays 1 percent on balances in savings accounts, which, Campbell says, «is as good as it gets for completely liquid assets these days.»

The amounts they paid in would show up on their online EuroFX account, where the balance of funds would go up every day, supposedly reflecting profit from foreign exchange trading.

Pay Credit Card Bills Soon After They Arrive Credit card companies will take as many as three days to log your payment, so your best bet is to pay soon after receiving your bill if you have the money in your account and can pay the balance in full.

Like an online brokerage account, your available cash balance — which you can add to or withdraw from at any time — allows you to place orders online 24 hours a day in multiple markets around the world.

Interest that accumulates is based on the loan's unpaid principal balance and accrues on a student loan every single day, even if the account is not in repayment.

Refundable Security Deposit: If you pay your balance in full and close your credit card account, we'll refund your security deposit, which can take up to two billing cycles plus ten days.

If one does borrow against their 401 (k) accounts, the analysis said borrowers should keep in mind a few in particular, such as if you move to a new job, any outstanding 401 (k) loan balance typically must be repaid within 60 days.

In a move that is controversial with some Keynesian economists, Labour is committed to «a fiscal policy framework that broadly states that the Government should borrow for investment (the capital account) and that over the business cycle Government day - to - day spending (the Government's current account) should be in balance»In a move that is controversial with some Keynesian economists, Labour is committed to «a fiscal policy framework that broadly states that the Government should borrow for investment (the capital account) and that over the business cycle Government day - to - day spending (the Government's current account) should be in balance»in balance».

That is why my colleagues and I in the County Legislature voted to appropriate an additional $ 5 million of the county's fund balance, our rainy day account, to help repair the county road system because it was not just raining; it was pouring.

He added, «That on the 5th day of October, 2016, the 1st respondent withdrew the sum of $ 1,000,000.00 cash from the said account leaving the balance of the sum of $ 3,645,013.73 which sum we are urging this honourable court to forfeit in the interim to the Federal Government of Nigeria.

Since 1950, human - caused global sea level rise has tipped the balance to account for two - thirds of coastal flood days in the U.S., according to our latest sea level rise analysis.

Feed your energy bank account real energy from whole food nutrients in balanced amounts and you'll have plenty of energy all day long.

On any given day last spring, nearly one in 10 children in the Rochester suburbs had a negative balance on a school lunch account.

You need to understand that whatever balance you are adding to your trading account balance is refundable in nature and in fact, if needed you can reverse it back to your bank account after 3 days of depositing.

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

I agree, the funds may be out of the way when that emergency hits, so I would probably use my credit card first for that sudden need for cash, then immediately funnel my emergency fund in the next few days and * pay off * the credit card balance right away (like within the few days it takes for me to transfer the money from the emergency fund to the credit card account).

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.

Short - term payment plans (120 days or less) don't cost anything to set up and can be handled with automatic payments from your banking accounts, but accrued penalties and interest will apply until the balance is paid in full.

To avoid paying interest on your account, you will want to make sure that you pay your balance in full every month during the 25 - day grace period.

Any variable rate adjustment based on a change in the Prime Rate and your corresponding index or margin will be effective as of the first day of the current billing cycle, and will apply to all new and outstanding Account balances and transactions subject to that variable rate.

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

If you fail to make at least your minimum payment within 60 days after its due date, or if other default occurs or we make demand for immediate payment of your Account as provided in the «DEFAULT AND DEMAND FOR BALANCE DUE» section below, your APR will be increased to the Penalty Rate (also known as the «default rate,» or «default APR») as disclosed on the then - current Rates and Fees Table.

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.

If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $ 25 ($ 5 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $ 7,000 receive APY of 2.25 %; and (3) balances over $ 7,000 earn 0.05 % APY on portion of balance over $ 7,000, resulting in a range of 2.25 % to 0.19 % APY on an assumed balance of $ 100,000.

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

Chase's account costs $ 10 more per month in maintenance fees, and also requires a higher minimum balance each day to waive the fee.

Common current assets includes cash (cash, coin, balances in checking and savings accounts), accounts receivable (amounts owed to your business by your customers usually within 10 - 60 days), inventory (goods for sale), and prepaid expenses (e.g. insurance and rent).

In addition, the account must maintain the $ 10,000 balance for at least 90 days.

The remaining balance in the account will need to be distributed to the designated beneficiary within 30 days after his / her 30th birthday or it can be rolled over to another Coverdell ESA for the benefit of a family member of the designated beneficiary.

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.

We will begin charging interest on balance transfers as of the later of the transaction date or the first day of the billing period in which he transfer posts to your account.

Monthly Fee Waiver: Prior 30 - or 90 - day account balance average of $ 2,000 OR two or more active business products in Spark Business Credit Card, Small Business Loan or Line of Credit, or Merchant Services account (including Spark Pay)

That is usually where dividend checks come in handy, because you can see the money entering your account every ninety days reminding you of the valuable assets you have on your balance sheet.

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.

• Have a share (membership) account with a minimum balance of $ 5.00, • Have at least twenty (20) debit card purchases (PIN based or signature based) from Greater Iowa debit card, and the purchases must post and settle prior to the close of business on the last business day of the month, • The membership associated with Greater Checking account must elect to receive electronic statements (e-Statements) in lieu of paper statements by registering or linking for e-Statements with a valid email address, • Have a direct deposit of at least $ 100 per month in the Greater Checking account or at least one payment made via Greater Iowa bill pay from the Greater Checking account (internal transfers are excluded and do not qualify) prior to the close of business on the last business day of the month.

Those interested in the program must have no outstanding balances on their account from October 1, 1998 and up to the day the loan was obtained.

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.

Following are the things that can effect changes on your scores: • Consistent and constant late payments • Increased or reduced credit limits • Higher credit card balances • Higher HELOC (Home Equity Line of Credit) balance • Closing revolving accounts • Recent credit inquiries made In the same way, any new practice you start in managing your credit takes effect and influence your credit scores within 30 to 60 days; due to the lag time between the action you take against the period it takes the creditor to report the action to the agencies who handle credit reportIn the same way, any new practice you start in managing your credit takes effect and influence your credit scores within 30 to 60 days; due to the lag time between the action you take against the period it takes the creditor to report the action to the agencies who handle credit reportin managing your credit takes effect and influence your credit scores within 30 to 60 days; due to the lag time between the action you take against the period it takes the creditor to report the action to the agencies who handle credit reports.

Please note that although these transfers are included in the balance we use to pay transactions that night, they will appear with our next business day's date in the deposit account transaction history.

If you maintain your checking account in good standing (defined as making regular deposits and bringing your account to a positive balance at least once every 30 days) and there are no legal orders outstanding, we may approve your reasonable overdraft.

In a perfect credit reporting world, the account would be updated within 30 days to show that the balance has been zeroed out.

Customers who have closed their account in the previous 90 days or with a negative balance are not eligible.

The average monthly collected balance is calculated by adding the principal in the account for each calendar day in the statement period and dividing that figure by the total number of calendar days in the statement period.

In most cases you have 5 business days or 7 calendar days to fix your balance before the extended overdraft fee takes your account even deeper into the red.

U.S. Bank calculates this balance by adding the principal in your account for each calendar day in the statement period and dividing it by the total number of days in the statement period.

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