* There is a one-time administration fee of $25 (does not apply to Quebec residents) and annual fee of $35. Such fee(s) will appear in your first monthly account statement. Annual interest rate is reduced to 9.9% and the minimum monthly payment is also reduced to 1.0% of the balance owing for the initial 12 months as long as the account remains in good standing. At the end of the 12 months, the credit plan becomes regular revolving at an annual interest rate of 28.8% and the minimum payment is calculated as 3.5% of the balance. See your Cardholder Agreement and disclosures for further details.