cancel
Showing results for 
Search instead for 
Did you mean: 

What's the minimum payment calculation for Amazon GECRB?

Contributor

What's the minimum payment calculation for Amazon GECRB?

I opened an Amazon store card (GECRB, not the Chase card) a few weeks ago and financed a purchase for 2 years. Does anyone know what percentage they use to calculate the minimum payment?

NFCU (7000) | Freedom Visa (2400) | DM (2500) | AMEX Plat (7000) | Amazon.com (1800) | GapCard ($750) | Closed: Barclays (1500) | Cap1 ($750) | BoA 1-2-3 Rewards (2500) | Gardening til mid-autumn 2015 for that Delta Platinum AMEX

Starting Score: 608 (2015) 702 (2012), 653 (2011)
Current Score: 685 699 8/6/11 717 8/30/11 712 12/6/11 714 across the board 1/12/12 685 EX FICO 3/1/14
2015 Goal Score: 755


Take the FICO Fitness Challenge
Message 1 of 2
1 REPLY
Frequent Contributor

Re: What's the minimum payment calculation for Amazon GECRB?


gobucks821 wrote:

I opened an Amazon store card (GECRB, not the Chase card) a few weeks ago and financed a purchase for 2 years. Does anyone know what percentage they use to calculate the minimum payment?


 

IIRC it's $20 (sure of this one) or 2.5%, whichever is greater.

Message 2 of 2