im with huntington bank, a student credit card, 500$limit ,1.9% apr. not sure if any of that info is needed, but i posted it just in case
2006-11-28 10:45:41 · 5 answers · asked by liltammy1988 2 in Business & Finance ➔ Credit
ive charged 51$
2006-11-28 11:00:12 · update #1
Minimum is 2% of the balance, but you should pay it off every month to have outstanding credit.
2006-11-28 18:45:18 · answer #1 · answered by Steve R 6 · 0⤊ 0⤋
The terms and conditions booklet you should have received when you opened the account may explain how they compute minimum payments. Most cards have a minimum payment of $10.00 if the calculated minimum would be less that that. In your case, $10.00 will probably be the minimum.
2006-11-28 20:34:07 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
Most likely it will be $10 minimum payment and up. Or if you charged like $8, your minimum payment will be $8. It all depends on how much you have charged.
2006-11-28 18:52:33 · answer #3 · answered by Renee W 2 · 1⤊ 0⤋
Your best bet is to not go above what you can pay off at the end of the month. If you keep your credit cards paid off it will keep you out of a lot of trouble.
2006-11-28 18:51:25 · answer #4 · answered by Melissa P 2 · 0⤊ 1⤋
look on the last statement you got. somewhere in there it explains hoh they figure your payment.
2006-11-28 18:49:35 · answer #5 · answered by sammyjk1 3 · 0⤊ 0⤋