Understanding Standard Revolving Purchases.
A Standard Revolving Purchase is any purchase you make that does not qualify for a financing promotion.
How it works
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Interest will be charged at the standard Purchase APR unless the purchase is paid in full by the first payment due date reflected on the first billing statement showing the purchase.
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Only minimum monthly payments are required as set forth in your cardholder agreement.
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If you make only the Minimum Payment each period, you will pay more in interest and it will take you longer to pay off your balance.
Helpful tools
Enroll in Auto Pay
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Frequently Asked Questions
Payments
Yes. You can choose to make only minimum monthly payments. But, if you make only the minimum payment each period, you will pay more in interest and it will take you longer to pay off your balance.
Generally, yes. We first apply the amount over and above your minimum monthly payment to higher interest balances and older balances.
However, if you have a deferred interest promotional balance, any payment over and above your minimum during the last two months of the deferred interest promotional period will be applied to the deferred interest balance first.
You may have the option to re-direct the excess amount to other promotional balances if you have them. To do so, call us at the number on your account statement.
It’s easy. We offer three convenient ways to pay your monthly bill.
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Online
Visit myonlineaccount.net to make a one‑time payment or set up automatic payments.
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By Phone
Call the phone number shown on your statement or on the back of your credit card.
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By Mail
Department of Accounts
P.O. Box 100114 Columbia, SC 29202-3114
Please allow 7 days for your payment to reach us.
Balance Information
As long as you make the minimum monthly payment, Standard Revolving Purchase Terms do not expire.
You can avoid being charged interest by paying your balance in full each billing cycle. You most likely need to make more than your minimum payments to do this. You also need to consider other balances. They affect how your payments are applied.
Purchases
Yes. You can make purchases up to your available credit limit.
But remember, other balances affect how your payments are applied. We first apply your payments to the minimum payments due for all balances. The portion of any payment that is larger than your minimum payment is an excess payment.
Generally, we first apply the excess payment to higher interest balances. But, if you have a deferred interest promotional balance, any excess will be applied first to the deferred interest balance during the last two months of the deferred interest promotional period.
Statements
Your billing statement is designed to put all the information you need at your fingertips. Whether you receive paper or paperless statements, you can quickly review transactions, see your payment information and view all the details of your promotional purchases. Information about your Standard Revolving Purchases is found on your statement under “Summary of Promotional and Standard Balances.”
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Minimum Payment Due
Make at least the minimum payment due each month by the due date shown. If you only make the Minimum Payment each period, you will pay more in interest and it will take you longer to pay off your balance.
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Transactions
Summary of your payments and any recent transactions.
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Summary of Promotional and Standard Balances
An overview of your Promotional and Standard purchases.
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Initial Purchase Date
When you made the purchase. Interest accrues from this date.
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Accrued Interest
Interest accrued to date based on your Standard APR.
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Interest Charged
The amount of Interest you are charged based on your balance, the Standard Revolving APR and the current billing period.
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Outstanding Balance
The remaining amount you need to pay in order to pay off your balance.
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Minimum Payment Due
The minimum amount you need to pay by your due date.
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Interest Charge Calculation
Shows the APR of the interest on the Standard Revolving balance.
There are two ways you may receive your monthly billing statement.
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Online
Enroll in paperless statements or view your statement any time at myonlineaccount.net
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By Mail
You will receive a paper statement in the mail every month unless you enroll in paperless statements.
