I tried to search here and Google it but to no avail. So before with Kay it was a certain percentage of your balance and it kept that same minimum payment until you paid off the balance. My first statement with my Kay card as Comenity had my payment at 220 down from 245. My current statement balance is 4260, and my interest I think is 22%, quick arithmetic didn't seem to answer my question, and the phone rep was no help
