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The "Credit Payments"

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Minimum Payment
The minimum payment on a credit card is usually defined as a percentage of the balance, usually between 2% - 5%. It might also be defined as a percentage of the balance plus the interest such as "interest plus 1% of the balance". When the balance is low, there is also usually a minimum fixed amount (typically $15)

Minimum Payment
The minimum payment on a credit card is usually either a percentage of the current balance (2% - 5%) or a fixed dollar amount (like $15.00), whichever is greater. The minimum payment might also be defined as the interest plus a percentage of the current balance. Check the fine print on your credit card agreement to determine how your credit card company defines the minimum payment.

Fixed Monthly Payment
If the fixed payment is the same as or greater than the first minimum payment, you will generally pay off the credit card much sooner and pay much less interest overall.

What will be my MINIMUM Payment?

Will The Minimum Payment Fit Within The Budget of My CASHFLOW?

Credit Card #1
Credit Limit $
Balance (The USED Amount of the Credit Limit) $
(APR) Interest Rate %
%Percentage of the Balance %
Minimum Payment for Low Balance $
My Minimum Payment Will Be $0

Items That I have financed #1 (Like Appliances, Furniture, Jewelry & etc.)
Credit Limit $
Balance (The USED Amount of the Credit Limit) $
(APR) Interest Rate %
%Percentage of the Balance %
Minimum Payment for Low Balance $
My Minimum Payment Will Be $0

Credit Card #2
Credit Limit $
Balance (The USED Amount of the Credit Limit) $
(APR) Interest Rate %
%Percentage of the Balance %
Minimum Payment for Low Balance $
My Minimum Payment Will Be $0

Items That I have financed #2 (Like Appliances, Furniture, Jewelry & etc.)
Credit Limit $
Balance (The USED Amount of the Credit Limit) $
(APR) Interest Rate %
%Percentage of the Balance %
Minimum Payment for Low Balance $
My Minimum Payment Will Be $0

Credit Card #3
Credit Limit $
Balance (The USED Amount of the Credit Limit) $
(APR) Interest Rate %
%Percentage of the Balance %
Minimum Payment for Low Balance $
My Minimum Payment Will Be $0

Items That I have financed #3 (Like Appliances, Furniture, Jewelry & etc.)
Credit Limit $
Balance (The USED Amount of the Credit Limit) $
(APR) Interest Rate %
%Percentage of the Balance %
Minimum Payment for Low Balance $
My Minimum Payment Will Be $0

Disclaimer: For Educational Use Only

The 50 credit card agreement examples provided on this page were originally sourced from the Consumer Financial Protection Bureau (CFPB). They were pulled from CFPB in March of 2025. These sample agreements are for educational purposes only and are intended to help you understand how to identify key information like APR and balance percentage within a standard credit card agreement.

Please note:

These documents may not reflect the most recent or current terms from each financial institution.
We do not guarantee the accuracy or timeliness of the information contained in these files.
These examples are shared to demonstrate how to read and navigate a typical credit card agreement, not to serve as up-to-date legal or financial advice

If you need the most current agreement for your credit card, we recommend visiting the official CFPB Credit Card Agreements Database or contacting your credit card issuer directly.