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Cashback

This document summarizes the key terms for a Visa Cash Back credit card, including: - Annual interest rates of 19.99% for purchases and 21.99% that can increase to 24.99% and 26.99% respectively for missed or late payments. - An interest-free grace period of at least 21 days on new purchases if the statement balance is paid in full by the due date. - A minimum payment due of $10 plus interest and fees, or the full balance if less than $10. - Foreign transactions converted to Canadian dollars at a 2.5% premium over the bank's benchmark rate. - An annual fee of $19 for the

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Boy Martino Ramadhani
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88 views1 page

Cashback

This document summarizes the key terms for a Visa Cash Back credit card, including: - Annual interest rates of 19.99% for purchases and 21.99% that can increase to 24.99% and 26.99% respectively for missed or late payments. - An interest-free grace period of at least 21 days on new purchases if the statement balance is paid in full by the due date. - A minimum payment due of $10 plus interest and fees, or the full balance if less than $10. - Foreign transactions converted to Canadian dollars at a 2.5% premium over the bank's benchmark rate. - An annual fee of $19 for the

Uploaded by

Boy Martino Ramadhani
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Visa Cash Back Information Box (subject to change)

Annual Interest Rate


Purchases: 19.99% Cash advances: 21.99% These interest rates are in effect on the date your credit card account is opened (whether or not your card is activated). Your interest rate will increase to 24.99% on purchases and 26.99% on cash advances for at least 6 months if you do not make your minimum payment by the payment due date and you have not paid it by the date we prepare your next statement 2 or more times in any 12 month period. This will take effect in the third statement period following the missed payment that caused the rate to increase.

Interest-free Grace Period

You will benefit from an interest-free period of at least 21 days for new purchases and fees if you pay your statement balance in full by the payment due date shown on your statement. If you do not pay your statement balance in full by the payment due date, you must then pay interest on all purchases and fees shown on that months statement from the transaction date until we receive your payment for the total amount you owe. There is no interest-free period for cash advances. Cash withdrawals, balance transfers, use of RBC Royal Bank credit card cheques, certain bill payments and cash-like transactions are all cash advances. Interest is charged from the day the cash advance is made until we receive your payment for the total amount you owe.

Minimum Payment Foreign Currency Conversion Annual Fee

$10 plus interest and fees, or your full statement balance if it is less than the sum of $10 plus interest and fees. Any previously unpaid minimum payments will also be included.
Transactions in a foreign currency are converted to Canadian dollars no later than the date we post the transaction to your credit card account at an exchange rate that is 2.5% over a benchmark rate Royal Bank of Canada pays on the date of conversion.

$19 for the primary card and no annual fee for each additional card.
Annual fees are charged on the first day of the month following account opening (whether or not the card is activated) and annually thereafter on the first day of that same month.

Other Fees

Cash Advance Fees: $3.50 for (i) cash withdrawals or cash-like transactions, in Canada, or (ii) bill payments or balance transfers made at an introductory interest rate offered to you at account opening or at your standard interest rate. $5.00 if cash withdrawal or cash-like transaction occurs outside Canada. No fee on credit card cheques at your standard or introductory interest rate. Promotional Rate Fee: 1% of the transaction amount (unless waived by RBC) when you take advantage of a promotional interest rate offered to you after account opening, by writing a credit card cheque or making a balance transfer during the promotional period. Cash Advance and Promotional Rate fees are charged within 3 business days from when the transaction is posted to your account. Dishonoured Payment: $40 charged on the date the payment reversal is posted for a payment to your credit card account returned for any reason. Overlimit: $25 charged on the date your statement is prepared if your statement balance exceeds your credit limit. Additional copies: $5 for monthly statement charged within 3 business days from when the copy was requested.

time the situation occurs.

$1.50 charged within 3 business days from each statement update at an ATM or branch. $2 for transaction receipt that does not relate to the current statement. Fee is charged each
45848 (06/2012)

/ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. All other trademarks are the property of their respective owner(s).

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