[jhoke]

Similar question here . . . A) Is the $25.00 Annual Fee considered a Participation Fee?; and B) if so, when will I be able to charge it?

The way I currently understand it, if my Annual Fee is indeed considered a Participation Fee, I would be able to charge it during a billing cycle where there is no balance [232.4(c)(2)(ii)(B)] but I would not be able to charge all or part of my Annual Fee during a billing cycle where there is a balance and the fee causes the MAPR for that cycle to exceed 36%.

Any thoughts?

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