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*New purchases will not incur a Finance Charge on the date
they are posted to your Account if you have paid the Account
in full by the Payment Due Date shown on your previous monthly
statement or if there was no Previous Balance. Cash advances
incur a Finance Charge from the date they are posted to your
Account.
We figure the Finance charge on your Account by multiplying
the Monthly Periodic Rate by the Average Daily Balance. The
Average Daily Balance is determined by taking the beginning
balance of your Account each day and then adding in new purchases,
cash advances, and balance transfers, and subtracting any
payments or credits and any unpaid Finance charges. This gives
us the Daily Balance. Then, we add up all the Daily Balances
for the billing cycle and divide the total by the number of
days in the billing cycle. This gives us the Average Daily
Balance. If your periodic rate is computed based on an index,
your periodic rate(s) may vary.
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