If you have been making
at least your minimum monthly payments on time you may have a little room to ask for a lower interest rate.
Most cards nowadays don't have an annual fee unless they offer big rewards or are designed for people with less - than - good credit, but make sure to make
at least the minimum monthly payment on time, or you may be slapped with a late fee and a higher interest rate — and you might even see your credit score suffer.
Not exact matches
Chase's new
monthly fees and higher
minimum payments will mainly affect customers who have been carrying large balances
on cards with low promotional rates for
at least two years, says spokeswoman Stephanie Jacobson.
Just make sure these
payments cover
at least the
minimum monthly payment due
on the card.
«Consider setting up an automated
monthly payment from a bank checking account for
at least the
minimum due
on credit cards and other accounts,» TransUnion's Katz suggests.
Cardholders are eligible to qualify for this bonus every cardmember year that they remain in good standing (meaning you make
at least the
minimum payments on all your
monthly bills).
Of course, you must maintain
at least the
monthly minimum payment on each of your credit cards in order to protect your credit scores.
An outstanding credit card debt of
at least $ 10,000 Inability to envision a way out of their indebtedness Incapacity to pay the
minimum monthly credit card
payments Default
on numerous
monthly payments Expectation to file for bankruptcy, if all else fails Financial, medical or personal hardships
The
minimum payment covers
monthly interest
at least, and therefore varies based
on your interest rate (usually variable) and your balance (which will hopefully be decreasing).
With this credit card, you can get a higher credit limit by activating your card and using it
at least once in the first 90 days, not exceeding your credit limit, and making your first three
minimum monthly payments on time.