How do I find the minimum monthly payment of my credit card?

Question

The credit card agreement says the largest of the following:

1. The new balance on the billing statement if it is less than $20.

2. $20 if the new balance is at least $20

3. 1% of the new balance plus the amount of your billed finance charges and any applicable fee.

4. 1.5% of the new balance

With number 3 what are finance charges?

Answer 1

Call the credit card company and ask. Their number should be on your card.

Answer 2

look at your billing statement, it's right there

Answer 3

It's on the bill.