Every time you make a payment online, we help you estimate how much interest (if any) you’ll be charged next month if you don’t pay your full Statement Balance. We show you this number in dollars, not interest rates, so you can see the impact of your payment decisions right away and decide on the payment that works best for you.
A couple of things to keep in mind when looking at the interest calculations:
- “Impact next month” shows the amount of additional interest that we estimate you’ll owe on your next statement if you make the payment currently entered on the Payments page. This is in addition to any interest that has already accrued but is not yet due and assumes that you do not make any additional payments before the next statement date.
- We’ll also show you the total amount of interest that we estimate you’ll owe on your next statement below the “Schedule Payment” button on your Payments page.
You can find your current interest rate (APR), any interest charges you’ve had in the statement period, and the total amount of interest charged for the year on your monthly statement.