>>>>>>>>>>>>>>>>>>>>>>>>>
How Can I Avoid Paying Interest Charges? Each month
you pay your "New Balance" in full by the due date, you will have a
minimum grace period of 25 days with no interest charge on all new 1)
purchases, 2) balance transfers, 3) special purchases and 4) other
charges. If you have been paying your account in full with no interest
charges applied and you do not pay your next bill in full, prorated
interest charges will be assessed. There is no grace period on cash
advances, special transfers, or on any new transaction when there is an
unpaid balance from a previous bill.
How Is The Interest Charge Applied? Interest charges accrue
from the 1) date of the transaction. 2) date the transaction is processed
or 3) first calendar day of the billing period. Interest charges accrue on
every unpaid amount until it is paid in full. This means you mav owe
interest charges even if you pay the entire "New Balance" one month, but
did not do so for the previous month. Unpaid interest charges are added
to the proper segment of your Account However, we reserve the right to
not assess interest charges at any time.
How Do You Calculate The Interest Charge? For each
segment of your account, we calculated your total interest charge by
multiplying your average daily balance by the daily periodic rate and
multiplying the result by the number of days in the billing penod. Due to
rounding or a minimum interest charge, this calculation may vary
slightly from the interest charge actually assessed.
We determine your daily periodic rate by dividing the corresponding
Annual Percentage Rates by 365 and round to the nearest 1 100,000th
of 1%, not to exceed the maximum allowed by applicable law. If the
daily periodic rates and corresponding Annual Percentage Rates
increase, the interest charge will increase and your minimum payment
may be greater.
To determine your Daily Balance for each segment: 1) take the
beginning balance and add in new transactions and the periodic interest
charge on the previous day's balance. 2) Subtract any payments and
credits for that segment as of that day. However, if you paid your
previous month's balance in full (or if your balance was zero or a credit
amount), new transactions which post to your purchase or special
purchase segments are not added to the daily balances. Also,
transactions that are subject to a grace period are not added to the daily
balances.
To determine your Average Daily Balance: 1) add the daily balances
together and 2) divide the sum by the number of days in the billing cycle.
IMPORTANT INFORMATION ABOUT fflOCfDURff fQft
APPLYING FOR OR OPENING A NEW ACCOUNl
To help the government fight the funding of terrorism and
money laundering activities, Federal law requires all fwajiuai
institutions to obtain, verify and record information thai
identifies each person who opens an account. What thit
means for you: When you apply for or ppgfl M ft | Wfll V(
will ask for your name, address, date of birth and other
information that will allow us to identify you.
PRESCREEN & OPT-OUT NOTICE:
This "prescreened" offer of credit is based on
information in your credit report indicating that
you meet certain criteria. This offer is not
guaranteed if you do not meet our criteria. If
you do not want to receive prescreened offers
of credit from this and other companies, call the
consumer reporting agencies toll free, 1-888-5-
OPT-OUT (1-888-567-8688); or write them
individually at: Experian Target Marketing, P.O.
Box 919, 701 Experian Parkway B2, Allen, TX
75013; Equifax Options, P.O. Box 740123,
Atlanta, GA 30374-0123; Trans Union
Corporation, Attn: Marketing Opt Out, P.O. Box
505, Woodlyn, PA 19094-0505.
�2011 Capital One. Capital One is a federally registered service
mark. All rights reserved. Products and services offered by
Capital One Bank (USA), N.A., member FDIC. Capital One
supports information privacy protection: see our Web site at
www.capitalone.com.
Please retain this brochure for your records HI 740b 1 ibi /
>>>>>>>>>>>>>>>>>>>>>>>>>
ImageToText
How Can I Avoid Paying Interest Charges? Each month
you pay your "New Balance" in full by the due date, you will have a
minimum grace period of 25 days with no interest charge on all new 1)
purchases, 2) balance transfers, 3) special purchases and 4) other
charges. If you have been paying your account in full with no interest
charges applied and you do not pay your next bill in full, prorated
interest charges will be assessed. There is no grace period on cash
advances, special transfers, or on any new transaction when there is an
unpaid balance from a previous bill.
How Is The Interest Charge Applied? Interest charges accrue
from the 1) date of the transaction. 2) date the transaction is processed
or 3) first calendar day of the billing period. Interest charges accrue on
every unpaid amount until it is paid in full. This means you mav owe
interest charges even if you pay the entire "New Balance" one month, but
did not do so for the previous month. Unpaid interest charges are added
to the proper segment of your Account However, we reserve the right to
not assess interest charges at any time.
How Do You Calculate The Interest Charge? For each
segment of your account, we calculated your total interest charge by
multiplying your average daily balance by the daily periodic rate and
multiplying the result by the number of days in the billing penod. Due to
rounding or a minimum interest charge, this calculation may vary
slightly from the interest charge actually assessed.
We determine your daily periodic rate by dividing the corresponding
Annual Percentage Rates by 365 and round to the nearest 1 100,000th
of 1%, not to exceed the maximum allowed by applicable law. If the
daily periodic rates and corresponding Annual Percentage Rates
increase, the interest charge will increase and your minimum payment
may be greater.
To determine your Daily Balance for each segment: 1) take the
beginning balance and add in new transactions and the periodic interest
charge on the previous day's balance. 2) Subtract any payments and
credits for that segment as of that day. However, if you paid your
previous month's balance in full (or if your balance was zero or a credit
amount), new transactions which post to your purchase or special
purchase segments are not added to the daily balances. Also,
transactions that are subject to a grace period are not added to the daily
balances.
To determine your Average Daily Balance: 1) add the daily balances
together and 2) divide the sum by the number of days in the billing cycle.
IMPORTANT INFORMATION ABOUT fflOCfDURff fQft
APPLYING FOR OR OPENING A NEW ACCOUNl
To help the government fight the funding of terrorism and
money laundering activities, Federal law requires all fwajiuai
institutions to obtain, verify and record information thai
identifies each person who opens an account. What thit
means for you: When you apply for or ppgfl M ft | Wfll V(
will ask for your name, address, date of birth and other
information that will allow us to identify you.
PRESCREEN & OPT-OUT NOTICE:
This "prescreened" offer of credit is based on
information in your credit report indicating that
you meet certain criteria. This offer is not
guaranteed if you do not meet our criteria. If
you do not want to receive prescreened offers
of credit from this and other companies, call the
consumer reporting agencies toll free, 1-888-5-
OPT-OUT (1-888-567-8688); or write them
individually at: Experian Target Marketing, P.O.
Box 919, 701 Experian Parkway B2, Allen, TX
75013; Equifax Options, P.O. Box 740123,
Atlanta, GA 30374-0123; Trans Union
Corporation, Attn: Marketing Opt Out, P.O. Box
505, Woodlyn, PA 19094-0505.
�2011 Capital One. Capital One is a federally registered service
mark. All rights reserved. Products and services offered by
Capital One Bank (USA), N.A., member FDIC. Capital One
supports information privacy protection: see our Web site at
www.capitalone.com.
Please retain this brochure for your records HI 740b 1 ibi /
>>>>>>>>>>>>>>>>>>>>>>>>>
ImageToText
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