Interest will be charged to your account from the transaction posting date if the purchase balance is not paid in full by your Payment due date in October, 2017. Is a no interest if paid in full by April 2018 financing promotion available at time of purchase from 02/23/2017 through 03/29/2017.
Minimum monthly payments are required during the promotional period. Dell Preferred Account is a revolving line of credit which allows you to pay for your purchase all at once or gives you the flexibility to make monthly payments.
Minimum card payment is 5% of the total of: the balance shown on the account statement for the previous period; credit charges on purchases and monthly installments that have not been paid on the due date for the current period; regular purchases, during the statement period. ****Purchases by equal installments are subject to credit charges calculated starting from the date they are posted to the statement of account until they are paid in full, at the annual interest rate (19.9%) in effect for the financing plan offered by the merchant.
To which are added: monthly installment(s) for the statement period, deferred payment purchases due on the statement date, past due amounts, and any other amount set out in the card contract. The 'Interest-free equal monthly payments' offer allows the customer to use a credit card issued by the Federation ('the Card') to pay for purchases through equal and consecutive monthly installments with no interest.
If not paid by the end of the promotional period, account balance and new purchases will be subject to your Standard APR rate as found on your DPA Credit Agreement.