John Deere PowerPlan™ Account

Powerplan™ Account Options

  • Balance Forward

    • Revolving account similar to a credit card.
    • Greater of either $50 or 20% of statement balance due each month.
    • Payments are applied to the statement balance and interest will accrue on the remaining balance.
    • Monthly activity is listed on the statement but is not invoice specific.
    • Customers can turn on 3rd level statement detail through MyFinancial
  • Open Item Billing/ Pay by Invoice

    • Open invoice details listed on each statement
    • Can see individual dealer invoice(s) that show as "due" each month.
    • Payment dollars are directed to specific invoices - designated by the customer
    • Any unpaid invoices will show as "Past Due" and next statement will have accrued interest and late fees
    • Original invoices are maintained at the dealership

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