Pay over time with monthly payments.
The Suggested Equal Monthly Payment shown above may be greater than the required minimum monthly payment that will be on your billing statement when you use the 18 month promotional financing offer.
The estimated payment:
- Equals the promotional purchase amount divided by 18 (excluding taxes and shipping charges) rounded to the next highest whole dollar.
- Would pay off the promotional purchase amount within 18 months, but only if there are no other balances on your account at any time during the 18 month promotional period and you make your payments on time. Your total payments will equal the amount of the promotional purchase amount.
If the promotional purchase amount is not paid in full within 18 months, interest will be charged to your account from the purchase date and your total payments will be greater than the amount of the promotional purchase amount.
IMPORTANT: The information about the monthly payment shown assumes the following promotional financing offer is applied to the purchase:
No Interest if Paid in Full Within 18 Months*
On purchases with your Schwinn™ Credit Card. Interest will be charged to your account from the purchase date if the promotional purchase is not paid in full within 18 months. Minimum monthly payments required.
*Subject to credit approval. Offer applies only to single-receipt qualifying purchases. No interest will be assessed on the promo purchase if you pay the promo purchase amount in full within 18 months. If you do not, interest will be charged on the promo purchase from the purchase date. Depending on purchase amount, promotion length and payment allocation, the required minimum monthly payments may or may not pay off purchase by end of promotional period. Regular account terms apply to non-promotional purchases and, after promotion ends, to promotional balance. For new accounts: Purchase APR is 29.99%; Minimum Interest Charge is $2. Existing cardholders should see their credit card agreement for their applicable terms.