Preferred Rate for Purchases : 21.99% effective from the day account is opened.
Preferred Rate for Funds Advances: 21.99% effective from the day account is opened.
Interest rate will increase to the Standard Rate of 25.99% for the next 12 billing periods if in any 12 month period you have 2 separate Missed Payments.
Interest rates will increase to the Basic Rate of 28.99% for the next 12 billing periods if in any 12 month period you have 3 or more separate Missed Payments.
"Missed Payment" means we did not receive the minimum monthly payment by the payment due date.

21 days on new purchases from the Closing Date on your statement if we receive payment in full by the payment due date and if we do not, up to 25 days for new purchases on your next statement. For residents of Quebec, the interest-free grace period applies to all purchase balances each month, if we receive payment in full by the payment due date. There is no interest-free grace period for funds advances, Amex cheques and balance transfers, if offered.

The Minimum Payment is the lesser of (1) or (2), calculated as follows:
(1) the total of: (a) any previously billed minimum payment that remains unpaid on the Closing Date of the statement + (b) if applicable, installment amounts (including installment fees) charged on the billing statement PLUS
(for non-Quebec residents): (c) $10 + (d) Interest, Overlimit fees and Dishonoured Payment fees; or
(for Quebec residents): (c) 5% of the remaining balance owing that month OR
(2) the entire new balance of the billing statement.

Charges and refunds in a currency other than Canadian dollars will be converted into Canadian dollars by our affiliate on the date we process the charge or refund. Unless your charge or refund is in U.S dollars, it will first be converted to U.S. dollars and then into Canadian dollars. Unless required by law or used by custom, conversion rates are based on interbank rates selected from customary industry sources on the weekday prior to the processing date (except January 1 and December 25), which we increase by a single conversion commission of 2.5% of each charge. Any conversion commission we apply to the original charge will not be returned on a refund.

Basic Card: $150; Supplementary Cards: $50 each. Charged on 1^st statement after Card issued and once a year thereafter (regardless of card activation).

Charged on the day the transaction occurs except as noted:
Funds Advance: $2.75 each
Dishonoured Payment: $45 each
Statement Reprint: $3 per statement
Points Reinstatement: $20 for each reinstatement through Online Services or $30 for each reinstatement through other service channels (plus applicable taxes)
Overlimit: $29 when you exceed your credit limit and at the end of each subsequent billing period if you remain overlimit (except for Quebec residents)
Balance Transfer/Amex Cheque: up to 3% of the amount of each balance transfer and Amex cheque, if offered, unless reduced for a specific offer.
Installment Program: A monthly fee of up to 1.2%, calculated on each balance moved to the installment program. This fee is charged according to your plan terms so long as the plan remains active on your account.