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Question 15: Dear Valued Cardholder a. A copy of the relevant revised clauses of the Cardholder's Agreement, which explain the interest comp...

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Question 15:

Dear Valued Cardholder

a. A copy of the relevant revised clauses of the Cardholder's Agreement, which explain the interest computation method, is attached for your perusal and retention.

b. Arising from the interest-free period for retail transactions, interest charges on cash and quasi-cash transactions will now be computed from the date of the current monthly statement.

c. The interest rate will be retained at 18% per annum.

d. Should you need any clarification, please do not hesitate to contact our Customer Relation Officers at 00-292 XXXX.

e. This will be applicable for cash and quasi-cash transactions posted into the account on or after 1 March 1996.

Thank you,
Yours faithfully
Vincent

A. a-e-b-c-d B. b-e-a-c-d C. b-d-e-a-c D. a-e-d-b-c

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