The required monthly payments is the purchase price (including tax and shipping) divided equally by the duration of the offer period (i.e. pay $25/month for $150 purchase for 6 months; $150/6 months = $25/month).
Minimum monthly payments are required as stated in your account terms. This required minimum monthly payment may or may not pay off your purchase by the end of the offer period. In order to pay off the purchase in full before the end of the offer period, you may need to make additional or larger payments accordingly.
Provided you make your equal monthly payments on time and in full, you do not have to pay interest on this type of offer. If you do not make a payment on time or in full, you will be charged a late fee which will be assessed interest until paid.
Pay the entire promotional balance in full before the end of the offer period to avoid interest on your purchase. If you do not make a payment on time, you will be charged a late fee which will be assessed interest until paid.
If your monthly payments are made on time and in full, the purchase will be paid off by the end of the offer period.
There will be information on your billing statement about how long it will take to pay off your account if you only make minimum payments.
Gain more control over how payments will be applied when you have both financing and non-financing balances on your account.
1) Go to Synchrony account management page on your computer at www.syncbank.com/amazon.
2) Under Payments, go to ‘Allocate Payments’ page.
3) Review the Payment Allocation options available, and select the option that best suits your needs.
####SPECIAL FINANCING AND EQUAL MONTHLY PAYMENTS: Offers are subject to credit approval. For new Amazon.com Store Card or Amazon Prime Store Card accounts, standard variable purchase APR is 27.99%. Minimum interest charge is $1.50 for all types of accounts. The APRs are accurate as of 9/01/2019 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Existing cardholders should see their credit card agreement for their applicable terms. We reserve the right to make special financing and/or equal monthly payments unavailable on any purchase at any time in our sole discretion; in such cases, and if special financing and/or equal monthly payments would otherwise have been available, we will notify you of such unavailability prior to or during checkout. We reserve the right to discontinue or alter the special financing and equal monthly payments terms at any time.
###Special financing offers: No interest if paid in full within 6, 12 or 24 months. Interest will be charged to your Amazon Store Card account from the purchase date if the promotional balance is not paid in full within 6, 12 or 24 months respectively. Minimum monthly payments required. If products are eligible for a special financing offer, such eligibility, together with the applicable promotion length, will be noted during checkout. The special financing offer will apply to the qualifying product, and all other items in the same order, when payment is made using an Amazon Store Card account. No interest will be assessed on the promotional balance if you pay the promotional balance in full within the applicable promotional period. If you do not, interest will be assessed on the promotional balance from the date of the purchase. Promotional balance includes the purchase amount, taxes, shipping charges and any optional debt cancellation charges related to the relevant purchase. The subtotal, which excludes shipping, handling and taxes, is used in determining whether the applicable minimum purchase amounts shown above have been met, unless using Pay With Amazon, in which case the total order, which includes shipping, handling and taxes less any discounts, is used. If Amazon-sold products are eligible for 24 months special financing, such designation will be noted during checkout. If you have chosen special financing as your default payment option and special financing is available on your purchase, 1-Click orders and purchases made at physical Amazon locations will default to the special financing offer with the longest promotion length. Special financing offers cannot be combined with any equal monthly payments offer or the 5% back benefit. Your first Subscribe and Save order is eligible for a special financing offer; subsequent Subscribe and Save orders are not. Depending on purchase amount, promotion length, and payment allocation, the required minimum monthly payments may or may not pay off the purchase by end of promotional period. Regular account terms apply to non-promotional purchases and, after this special financing promotion ends, to promotional purchases. ###Equal monthly payments offer: Pay for your purchase of eligible products with equal monthly payments and 0% APR.
No interest will be charged on the promotional purchase balance (which includes the purchase amount, taxes, shipping charges and any optional debt cancellation charges related to the relevant purchase) and equal monthly payments are required in the amount of the total initial promotional purchase (including the purchase amount, taxes and shipping charges) divided by the designated number of equal monthly payments, until the promotional balance is paid in full. If you do not make a required equal monthly payment on time, a late fee may be added to the minimum amount otherwise due on your account in the following billing cycle; such late fees will accrue interest at standard variable purchase APR listed above. If products are eligible for an equal monthly payments offer, such eligibility, together with the designated number of equal monthly payments, will be noted during checkout. The equal monthly payments offer will apply to the qualifying product, and all other items in the same order, when payment is made using an Amazon Store Card account. Optional debt cancellation charges will not be included in the calculation of the equal monthly payment, but such charges may require you to make payments for additional months. The equal monthly payment may be higher or lower than the minimum payment that would be required if the purchase was a non-promotional purchase. The equal monthly payment calculated will not be increased to but may be included in the minimum amount otherwise due on your account or will be added to your minimum payment for other balances on your account. If you have chosen equal monthly payments as your default payment option and equal monthly payments is available on your purchase, 1-Click orders and purchases made at physical Amazon locations will default to the equal monthly payments offer with the longest promotion length. Equal monthly payments offers cannot be combined with any special financing offer or the 5% back benefit. A monthly payment, if shown in advertising, should allow you to pay off the qualifying purchase (excluding taxes, shipping charges, or optional debt cancellation charges) within the promotional period if: (1) the purchase is and will be the only balance on the account during the promotional period (this means that you do not incur any additional fees or charges on your account and no other items are purchased with this order), (2) you make the payment by the due date each month, and (3) the purchase is subject to the equal monthly payments offer. Taxes and shipping charges on this order will require you to make a higher monthly payment than shown. The monthly payment calculated for each equal monthly payments offer will be added to your minimum payment for other balances on your account, and will only apply if the equal monthly payments offer advertised is selected or set as the default benefit on your account. Amazon may designate any product as eligible for an equal monthly payments offer, and may designate the number of equal monthly payments associated with such equal monthly payments offer, in its sole discretion.