Statement matters
The statement shows purchases, payments, interest, fees, minimum due and due date.
Grace periods vary
Purchases may receive an interest-free period under some terms, while cash advances or balance transfers can be treated differently.
Minimum payment is not a payoff plan
Paying only the required minimum can keep a balance outstanding much longer.
Avoid assumptions
Rates, fees and legal protections vary by issuer and country; use the actual card agreement.
Educational information only. Use current product terms and the rules that apply in your country. For decisions with significant financial consequences, consider an appropriately qualified professional.