Paying only the minimum due on a retail rewards card is one of the most expensive mistakes a cardholder can make. If you made a major cosmetics or salon purchase under a special promotional financing arrangement, Comenity operates on deferred interest guidelines.
Deferred interest differs fundamentally from standard zero-percent promotional credit. If a $500 salon package carries a six-month promotional window, failing to extinguish the balance in full by the exact promotional expiration date means Comenity charges retroactive interest calculated from the purchase date. That retroactive interest appears as a sudden charge on your statement, erasing any initial discount.
Always review your monthly statement to distinguish between the minimum payment required and the full billing statement balance. The minimum payment shields you from late fees, but paying the statement balance is the only way to avoid standard revolving finance charges. If promotional balances exist on your ledger, direct your payments above the minimum to clear those specific promotional segments before their expiration dates expire.
