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Credit Cards Credit Card v17, Ask general questions here, Please read the 1st post before posting!

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Riki1
post Jan 1 2013, 10:22 AM

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hi everyone, if I owe the bank 2k, and if i just pay the minimum only, how many percent they will charge for the rest of outstanding which has not paid ?
Riki1
post Jan 1 2013, 10:52 AM

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QUOTE(David83 @ Jan 1 2013, 10:26 AM)
There's a tiered system for the interest charge and it depends on which tier you fall into.

Bear in mind that the interest is charged on daily basis.
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Oh i see.
It's not 1.13% per month? daily rate is estimate charge how many percent?

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