The Kohl's Credit Card minimum payment is either $29, or 1% of your balance plus interest charges and fees, whichever is greater. The exact amount is listed on each monthly statement and it’s typically due on the same date every month.
Here’s what your Kohl's Credit Card minimum payment will be:
- Balance below $29: Minimum payment equals balance
- Balance of $29 to $2,900: Minimum payment equals $29
- Balance over $2,900+: Minimum payment equals 1% of the balance, plus interest and fees
As long as you make Kohl's Credit Card’s minimum payment by the due date each month, your account will remain in good standing. Always paying your monthly minimum on time will help your credit score. It's important to know that in addition to your minimum payment, you must pay any past-due or over-limit amounts and any late-payment fees.
Lastly, keep in mind that you need to pay your balance in full every month to avoid interest.
This answer was last updated on 02/12/24 and it was first published on 07/19/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
