IDNLearn.com is committed to providing high-quality answers to your questions. Discover reliable and timely information on any topic from our network of knowledgeable professionals.

The lowest amount you can pay on your credit card each month


Sagot :

Answer: A credit card minimum payment is often $20 to $35 or 1% to 3% of the card balance, whichever is greater.

Explanation: The minimum payment on a credit card is the lowest amount of money the cardholder can pay each billing cycle to keep the account's status “current” rather than late.