Interest charges accrue from the 1) date of the transaction, 2) date the transaction is processed, or 3) the first calendar day of the billing cycle. Interest charges accrue on every unpaid amount until it is paid in full. This means you may owe interest charges even if you pay the entire “New Balance” one month, but did not do so for the previous month. Unpaid interest charges are added to the applicable transaction type (e.g.,purchase or cash advance) of your Account. However, we reserve the right to not assess interest charges at any time.