How does a credit card for department stores work?

For example, say I got a Jcpenny credit card, what determines the minimum amount I pay each month? (Yes I know interest is high which is why I would pay more than the minimum). If I spend more, does that mean I pay more a month? Or does that stay the same?|||The minimum payment is different in every card.


An ex though: $500 balance - $40 min payment.


$1,000 balance $90 a month





Did you know that carrying balances is an easy way to destroy credit scores?


Remember that employers check, so do landlords and car insurance companies (you'll pay more). If you get this card use it to get those top scores.


Use it at least every 6 months to buy something you need, and pay in full when the bill comes in the mail. This way you also never pay interest.


54% of Americans use cards this way - they statistically hold those top scores


Don't let a credit card ruin your life|||The minimum payment is generally the higher of a base fee or a percentage of your balance. For example: It can be the higher of $25 or 3% of your ending statement balance. The more you owe, the higher the minimum payment.