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What is the fee you must pay each month on your credit card is called?
Wiki User
∙ 6y ago
It's either accrued interest (on your outstanding balance) - or a service charge for using the card.
Wiki User
∙ 6y ago
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What do credit card holders do to be called convenience users.?
pay off their balances each month.
How small should your credit card balance be?
If you are asking as it relates to your credit score.... Use your card each month and pay the balance in full each month. If you have the card charged up to your limit, that brings your score down. Making on time payments each month helps your score.
Is credit card balance real time when a credit check is done?
No, credit card companies submit to the credit agencies on a monthly basis at the end of each month. So if you are checking your credit card the 3rd week of the month you will see last months credit card statement balance not what you currently owe on your credit card.
What is the minimum amount that you should charge on a credit card?
each credit card is different. An example is that for a capitol one credit card the minimume for the card is 15 a month. Another example i know is that if you spend more than 429 at bestbuy on the bestbuy credit card you would have to divide the purchased amount by 18 and that is how much you would pay each month until the full amount is payed off.
If you choose to own a credit card is important to?
pay off the balance each month-apex
What do credit card holders do to be called convenience users.?
pay off their balances each month.
How small should your credit card balance be?
If you are asking as it relates to your credit score.... Use your card each month and pay the balance in full each month. If you have the card charged up to your limit, that brings your score down. Making on time payments each month helps your score.
Is credit card balance real time when a credit check is done?
No, credit card companies submit to the credit agencies on a monthly basis at the end of each month. So if you are checking your credit card the 3rd week of the month you will see last months credit card statement balance not what you currently owe on your credit card.
How do you stop paying for club penguin for each month?
cancel your credit card
How long is a visa credit card valid?
Each card has an expiration date printed on the front with a month and a year.
What is the minimum amount that you should charge on a credit card?
each credit card is different. An example is that for a capitol one credit card the minimume for the card is 15 a month. Another example i know is that if you spend more than 429 at bestbuy on the bestbuy credit card you would have to divide the purchased amount by 18 and that is how much you would pay each month until the full amount is payed off.
How can you calculate the actual amount of interest paid on a credit card each month?
Its is 1,000,000,000,000
If you choose to own a credit card is important to?
pay off the balance each month-apex
Which of the following tells you how much your credit card interest will be if you only pay the minimum balance each month?
Your credit card statement should show you the information you need.
If you have a credit card with a 1000 limit. You plan to always pay your card off in full each month. What is the amount you can safely owe on your card?
The only 'safe' amount to owe - is whatever you can afford to pay off each month !
What is meant when a credit card has a fixed rate?
When a credit card have a fixed rate, you will always pay each month the same rate on your bill. Some credit cards with an annual fee will offer variable rate depending on what kind of card you have.
Does maintaining a zero balance on your credit card hurt your credit score?
If you are charging and paying it off each month then it helps. If you never use the card then it really doesn't do much either way.
