this is the total amount you owe on ... - american express · this is the total amount you owe on...
TRANSCRIPT
This is the total amount you owe on your Card
account at the end of the billing period. It includes
your previous balance plus adjustments for account
transactions such as payments, credits, new
charges, fees and interest charges. If you pay
the New Balance by the Payment Due Date each
month, you will not incur interest charges on
charges added to a Pay Over Time balance auto-
matically. We will begin charging interest on Select
& Pay Later charges as of the date they are added
to a Pay Over Time balance.
This is the minimum amount you must pay by
the Payment Due Date each month to keep your
account current. It includes your total Pay In Full
charges plus the Minimum Amount Due on your
Pay Over Time charges. You may pay your New
Balance in full, the Minimum Payment Due, or any
amount in between. The choice is yours.
We must receive at least your Minimum Payment
Due on or before the Payment Due Date.
Advises you of what can happen if you do not pay
your Minimum Payment Due by the Payment Due
Date.
Advises you of how long it will take to pay off your
balance and that you will pay more in interest if you
pay only the Minimum Payment Due each month.
Summary of transactions separated by Pay In Full
and Pay Over Time activity, including payments
and credits, fees, and interest charged. The Account
Total section is calculated by adding the Pay In Full
and Pay Over Time sections. Mathematical symbols
help you see how your balance was created.
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Disclosure about when interest is assessed on a
Pay Over Time balance.
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Here is a summary and detailed list of both Pay
In Full and Pay Over Time charges made to your
account in the current billing period. Charges that
are eligible for Pay Over Time are easily identifiable
by the symbol.
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The amount of interest, if any, charged during the
current billing period on the Pay Over Time balance.
Total fees and interest charged to your account to
date during the current calendar year.
Includes the Pay Over Time Annual Percentage
Rate (APR), and the Pay Over Time balance(s)
subject to the Interest Rate.
This section provides important information related
to your Pay Over Time features.
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