For this financing offer, interest starts from the date of the qualifying purchase but is deferred during the promotional period. The interest rate is the standard APR for Purchases.
If you pay the full promotional balance before the promotional period ends, the deferred interest is waived. If you do not, the deferred interest is charged. After the promotional period ends, the standard APR applies to any remaining promotional balance and the charged interest until these amounts are paid in full.
The minimum monthly payment is based on the standard minimum payment for the account. If you do not make at least the required minimum payment by the due date, you will be assessed a late fee. Minimum payments will not pay off the balance on time. You must make larger payments to avoid the interest. For this type of offer, advertised monthly payments, if any, are greater than your required minimum monthly payment and excludes taxes, delivery or other charges. Generally, monthly payments in excess of the minimum payment are first applied to higher interest account balances (and not to your deferred interest promotional balance). However, during the last two months of the promotional period, excess payments are applied to the remaining deferred interest balance.