How payments are applied to your account

Spend $149 or more

A promotional purchase means you've spent $149 or more at participating retailers. This qualifies for six months of deferred-interest financing. As long as you make minimum monthly payments on time and pay off your balance in full before the promotion expires, you won't have to pay interest charges.

Spend less than $149

A revolving purchase means you've spent less than $149. Paying off this balance works like other credit card payments you've made. To avoid interest charges, you must pay off your balance in full before your next billing cycle begins. Otherwise, interest will be applied to your balance until it is paid off.

Applying payments to spending in both categories

How are your monthly payments applied if you've made both a promotional and revolving purchase? Payments are applied to your revolving balance first because that's where interest charges can most immediately be applied.

That changes if you are within two billing cycles of a promotional balance expiring. In that case, payments are applied to the promotional balance first. This helps reduce the amount of interest charges you could owe on your promotional balance.

Check your statements for details

Don't forget to closely review your statement each month. It breaks down your revolving and promotional balances, and, most importantly, gives you their due dates.