| Bank of China (Canada) |
| Information Box - Great Wall International Credit Card Rates and Fees |
| All rates and fees listed are valid as of November 2, 2022 and are subject to change in accordance with the Credit Card Agreement. |
| Annual Interest Rates |
These interest rates are in effect the date your account is activated. |
| Purchases |
18% |
| Cash Advances (including Cash-Like Transaction1 Balance Transfers) |
18% |
| If the Minimum Payment is not received on the payment due date, you will lose the benefit of any promotional rate or other offer you are participating in and the 18.00% interest rate will apply |
| Interest-Free Grace Period |
21 days |
| You will benefit from an interest-free grace period of at least 21 days on new purchase and fees if we receive payment in full of the balance on your current statement by the payment due date. If you do not pay your balance in full, we will charge interest retroactively from the date of each pruchase or fee until the date we receive payment in full.There is no interest-free grace period on Cash Advances or Balance Transfers. |
| Minimum Payment |
Your Minimum payment will be the greater of |
| · 2% of your New Balance plus any amount past due, or |
| · $10 plus any amount past due |
| You must pay the full amount of the New Balance if it is $10 or less. |
| Foreign Currency Conversion |
2.50% |
| We will bill you in Canadian dollars if your transaction is made in foreign currency. We will convert that transaction at the exchange rate in effect on the date we post the transaction to your Account, which is the rate charged by MasterCard on the date that the transaction is posted to your Account, plus 2.5%. |
| Annual Fees |
No fee |
| Other Fees |
The fees will be charged on the day the transaction occurs |
| Charge for Dishonoured Payment from or to your account: |
$20 |
| Over limit fee |
$20 |
| Each additional copy of monthly statement or sales slip |
$3 |
| Emergency cash advance at Bank of China (Canada) 2 |
$30 |
| Cash advance fees: |
| ABM displaying MasterCard symbol-In Canada |
$3 |
| ABM displaying MasterCard symbol-Outside Canada |
$4 |
| Over-the-Counter at a MasterCard Financial Institution - In Canada |
$4 |
| Over-the-Counter at a MasterCard Financial Institution - Outside Canada |
$5 |
| Optional Service: Instalment Program 3 |
| The one-time non-refundable fee will be charged once the program starts |
| 3-month period: 1.95% of the amount (12.43% APR4) 6-month period: 3.6% of the amount (13.31% APR) |
| 9-month period: 5.4% of the amount (14.19% APR) 12-month period: 7.2% of the amount (14.77% APR) |
| 18-month period: 11.7% of the amount (17.11% APR) 24-month period: 15% of the amount (17.09% APR) |
