5.4.3 Adding Card Rate Definition

To add Card Rates, follow these steps:

1. Click Add to display the Card Rate Definition screen.
2. Enter the following details:

   Table 5-11 Add Card Rate Definition Fields and Descriptions

   Field	Description
   Folder	Select a folder from the drop-down list for the Card Rate Definition.
   Card Rate Name	Enter the name for the Card Rate Definition.
   Description	Enter a description of the Card Rate Definition.
   Product	Select the product from the Product browser. Only one product is to be selected per definition.
   Currency	Select the type of currency from the drop-down list.
   Rate Selection	Select one or multiple rates from the drop-down list.
   Interest Rate Type	Select the type of interest: Fixed Rate: When this option is selected, the other parameters to be entered are in accordance with the rate type. Floating Rate: When this option is selected, the parameters are specific to the floating rate. Fixed and Floating Rate: The Fixed plus Floating Rate type is a combination of the Fixed Rate and Floating Rate. The Fixed Rate is applicable for an initial period of the tenure of the product and the Floating Rate is applicable for the remaining life of the product. In this option, the data input is a combination of those required in both fixed as well as Floating types.
   Floating Rate BenchMark	Select the Floating Rate Benchmark from the drop-down list.
   Criteria	To set the criteria, follow these steps: Click the Browser button to display the Condition Screen. Select the condition. Click Apply. The criteria are set for the Card Rate.
   Floating Rate Spread (BPS)	Enter a numerical value in this field.
   Effective From	Select the start date of the period when the rates are applicable.
   Effective To	Select the end date of the period when the rates are applicable.
   Condition	This is the eligibility condition based on which the rates to be offered to customers differ. Click the Browser button select the condition from the Condition Browser.

   Note:

   You can create more Card Rate specifications to the list by clicking Add on the Card Rate Specification Grid.
3. Click Apply.

The Card Rate definition details are added and are displayed in the Card Rate Definition List window. You can view, modify, search, and delete the offer definition details from the Card Rate Definition window.