Skip to main content

What happens if I only pay the minimum on my credit card?

Updated today

Your statement will show a minimum payment amount each month. Paying it keeps your account active, current, and without any late fees. Interest may apply.

What happens if I only pay the minimum?

  • Your account remains in good standing as long as you pay by the due date.

  • Any remaining balance will start accruing interest.

💡Tip: Pay your statement balance on time to avoid both late fees and interest.

Did this answer your question?