CREDIT CARD PRODUCT DISCLOSURE FACTSHEET - Baiduri Bank

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j) UNCOLLECTED CARD A fee of BND20.00 will be levied for each uncollected card. k) CANCELLATION OF CARD RENEWAL A fee of BND20.00 will be levied for each card cancellation. l) FOREIGN ADDRESS MAILING A mailing fee of BND50.00 will be levied each year . m) 0% INSTALLEMENT PLAN A processing fee of 3% base on the amount utilized or minimum BND30.00 whichever is higher is charged for Gold and Classic cards for every successful 0% installment plan application . Should you terminate your plan or opt for an early settlement, a fee of BND100.00 will be levied and charged to your credit card account . n) OTHERS Letter of Demand - BND40-00* per letter issued. *This charge is subject to change from time to time and may varies depending on the legal firm appointed. 9. INTEREST CALCULATION Below are examples of interest calculated. Example 1 – Full payment made before or on payment due date ‣ New Balance reflected on 7 Jan 2012 statement –BND1000.00 ‣ Statement Date 7 Jan 2012 ‣ Payment Due Date 27 Jan 2012 Balance brought forward New Transactions Minimum Payment Percentage Minimum Payment Account Late charges incurred Finance charges incurred Account Balance as of next statement date i.e. 7 Feb 2012 ( assuming customer did not make any new purchases ) Nil BND1000.00 8% of Account Balance BND80.00 BND0.00 BND0.00 BND0.00 Note : No finance charges will be charged if full payment is made on or before the payment due date Ref : PDS / 2012 / v2.0 Page 6
Example 2 – Minimum payment made before or on payment due date ‣ New Balance reflected on 7 Jan 2012 statement –BND1000.00 ‣ Statement Date 7 Jan 2012 ‣ Payment Due Date 27 Jan 2012 Balance brought forward New Transactions Minimum Payment Percentage Minimum Payment Account Payment made on 27 Jan 2012 Remaining Balance Late charges incurred Finance charges incurred Account Balance as of next statement date i.e. 7 Feb 2012 ( assuming customer did not make any new purchases ) BND1000.00 Nil 8% of Account Balance BND80.00 BND80.00 BND920.00 BND0.00 BND14.85 BND934.85 Example 3 – Payment Not Made for the current Statement of Account ‣ Total outstanding balance BND1000.00 ‣ Statement Date 7 Jan 2012 ‣ Payment Due Date 27 Jan 2012 Balance brought forward New Transactions Minimum Payment Percentage Minimum Payment Account Payment made on 27 Jan 2012 Remaining Balance Late charges incurred Finance charges incurred Account Balance as of next statement date i.e. 7 Feb 2012 ( assuming customer did not make any new purchases ) BND1000.00 Nil 8% of Account Balance BND80.00 BND0.00 BND1000.00 BND35.00 BND15.29 BND1050.29 Note : - The information stated on this Product Disclosure Sheet is accurate as of 1 Feb 2012. Other information channels for credit cards are at:- a. Website : www.baiduri.com b. Call Centre : 244 9666 c. All Baiduri Bank branches d. Baiduri Bank Card Center e. Credit Card brochures Ref : PDS / 2012 / v2.0 Page 7
Page 1 and 2: CREDIT CARD PRODUCT DISCLOSURE FACT
Page 3 and 4: 5. ACCOUNT SETTLEMENT Settlement of
Page 5: d) RETURNED CHEQUE CHARGE If your c

CREDIT CARD PRODUCT DISCLOSURE FACTSHEET - Baiduri Bank

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