Interest Charging Information - The periods
over which interest is charged are as follows:
Purchases - If you pay for all your previous
months purchases by the payment due date, no
interest will be charged on those purchases.
This applies for a maximum of 56 days. If you
do not pay for all of your previous months
purchases by the payment due date, interest
will be charged on those purchases, from the
date the purchase is charged to the account.
Interest will then continue to be charged until
that purchase balance has been paid for in
full.
Cash Advances - If you pay for all of your
previous months cash advances by the payment
due date, no interest will be charged on those
cash advances. This applies for a maximum of
56 days.If you do not pay for all of your previous
months cash advances by the payment due date,
interest will be charged on those cash advances,
from the date the cash advance is charged to
the account. Interest will then continue to
be charged until that cash advance balance
has been paid for in full.
Balance Transfers, Convenience Cheques and
Partner Rates - interest is charged from the
date the transaction is charged to the account
until the transferred balance is repaid in
full.
