Each month during an equal payments plan you are required to pay in full by the due date that month's equal payments plan instalment. Not available on purchases using a Low Rate Options ® Mastercard ®. Manual for MotoMaster Eliminator 700A Booster Pack - Eliminator MotoMaster Mobile Power question. There is no administration fee charges for entering into a special payments plan.
However, if we do not receive the full minimum due on a statement within 59 days of the date of that statement, or any event of default (other than a payment default) occurs under your Cardmember Agreement, all special payment plans on your account will terminate and (i) you will then be charged interest on the balances outstanding on such plans at the applicable regular annual rate from the day after the date of your next statement, and (ii) the balances outstanding will form part of the balance due on that statement. Interest does not accrue during the period of the plan. * 'Equal payments, no interest' for 12 months (unless stated otherwise) is only available on request, on approved credit with a Canadian Tire Bank issued credit card and on purchases of items at Canadian Tire, Sport Chek or participating Mark's stores of $200 or more (excluding gift cards).
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