visa / mastercard cardmember agreement - United Overseas Bank ...

11.7 An interest free period of 20 days for all retail transactions is applicable ifyou make full payment on or before the Payment Due Date of theprevious month’s Statement of Account. If you make partial payment onthe total outstanding balance of the previous month’s Statement ofAccount, a Finance Charge (as stated in Clause 11.3 (a)) will be chargedon the Retail Transactions which will be calculated from the day thetransactions are posted to the Credit Card Account until full repayment ismade by you.11.8 You must pay an annual fee for the Credit Card (including anysupplementary Credit Cards) when the Credit Card is issued or renewed.The annual fee will be decided by us at any time, and will be debited toyour Credit Card Account when due, and is not refundable. If no suchannual fee is payable, we can impose a service fee instead, which will bedecided by us at any time, and will be debited to your Credit CardAccount. The annual/service fee will bear interest at the rate of 18% perannum (or such other rate as we may specify at any time) until paid in full,and the provisions relating to capitalisation of Finance Charges in Clause11.5 will apply.11.9 You must pay a service charge (at a rate we choose at any time at ourabsolute discretion) for services we render in connection with –a) a request for the production or photocopy and/or original of aSales Draft or other documents;b) the replacement of a lost or stolen Credit Card; orc) a request for a new PIN.11.10 You must pay any other fees and/or charges imposed at any time by usor any relevant authority having jurisdiction over us for services andfacilities provided to you.11.11 We can, at any time at our sole discretion, change the rate of any fees,charges, Finance Charge, Minimum Payment Due and/or the method ofcalculation. We will inform you of such variation or change by giving you