Will my minimum payment be worked out differently?

Yes. After your account has updated to Argos Pay, you'll notice a small change to how your Minimum Payment is calculated. Instead of asking you to pay 1% (for accounts opened before 1 September 2020) or 4% (for accounts opened on or after that date) of your remaining Normal Credit balance, you'll now pay 1% of the full amount you owe, including any interest and default fees. Although this could result in a lower minimum payment, you can pay as much of your balance as you like each month. If you only make the minimum payment, it will take you longer and cost you more to repay your balance.

If you already have a Buy Now Pay Later plan when your account updates, and if there is an outstanding balance when this plan ends, any deferred interest due that month will still be included in your minimum payment, just like it is today.