I think it means you can go to $2,000 without paying interest but for anything over the $2,000 and under your limit of $3,000, you pay interest on it at 1.3% per month. So if you spend $2,340 you pay 1.3% interest on the $340. Not a bad deal actually.
You also pay $6 a month for the pleasure of having an overdraft.
Last edited by effervescence : 21-12-2012 at 11:02 PM.
Reason: Adding a bit
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