Loans > Loan Screens > Cards and Promotions Screen > Promotions tab

The Promotion Billing tab on the Cards and Promotions screen shows information about the selected promotion from the list-view table above. This tab shows important finance charge information for last billing cycle and the next billing cycle. See the following example of this tab, followed by field descriptions.

Loans > Cards and Promotions Screen > Promotion Billing Tab

Information for Last Billing Cycle

Field	Description
Billing Date Mnemonic: NLBLDT	This is the most recent billing date of the selected promotion. This marks the end of the last billing cycle, when Finance Charge Due was totaled for this promotion, and the Minimum Payment Due on the loan was calculated.
Amount Billed Mnemonic: NLCADU	This is the most recent amount billed for this promotion. This is the P/I Constant for this promotion. If the calculated based on the promotional Interest Rate
Payment Due Mnemonic: NLRPDU	The amount from the previous billing cycle that is still unpaid.
Finance Charge Due Mnemonic: N/A	The amount of interest billed as a finance charge on the previous billing cycle.
Average Daily Balance Mnemonic: NLLAVB	The average daily amount of the promotion.
Annual Percentage Rate Mnemonic: NLLAPR	The annual percentage rate (APR) for the promotion on the previous billing cycle, calculated as follows: (((monthly finance charge / average daily balance) X 12) X 100).
Daily Periodic Rate Mnemonic: NLLDPR	The daily period rate (DPE) for the promotion on the previous billing cycle, which is calculated as follows: interest rate / 365

Information for Next Billing Cycle

Field	Description
Next Billing Date Mnemonic: N/A	The next date of billing for the promotion.
Average Daily Balance Mnemonic: N/A	The current average daily balance for the current billing cycle.
Start of Billing Period Mnemonic: NLPERD	The start date of the current billing cycle.
Date of Last Calculation Mnemonic: NLCLAD	The most recent date running balance totals were taken.

Promotion Expiration Date

The Promotion Period Expiration Date field on this tab shows when the selected promotion rate will expire. Once a promotion rate has expired, you cannot reinstate the promotional interest rate by clicking <Reinstate Promotion> on the Promotion Status tab.