Notice of Default Sums

What is a default sum?
A default sum is a charge incurred on your account for any activity which breaks the conditions of your account.  The most common reasons for incurring a default sum include:

• Exceeding your agreed card spending limit
• Missing your minimum payment date / amount
• Returned payments

How will I be notified about default sums?
Any incurred default sums will show on your statement under the heading 'Notice of Default Sums'.