Your recommended monthly repayment is designed to help you pay down your balance faster than just making the minimum payment, and to reduce the amount of interest you pay over time.
For most Zable credit cards, we calculate it as:
5% of your credit limit, or £20 – whichever is higher.
• Example: If your credit limit is £500, 5% is £25, so your recommended payment would usually be £25.
• If your balance is less than the recommended amount, we’ll only ever take what you actually owe.
For Starter Cards, the recommended monthly repayment is a flat £10.
You can always see your current recommended amount in the Zable app in the Repay section, and on your monthly statement under your payment options.