For the Abercrombie & Fitch credi card, what is the minimum payment?

Question

ok so it says A&F credit card offers "convenient minimum payments" so does anybody know how that works.. cause my mom has a macys card or something and i know that the minimum payment is $5 but she pays more to finish it off before the billing cycle cause of high interest and stuff..

soooo can someone with an A&F credit or if you know how that works tell me how lol like give me examples and stuff haha

Answer 1

The minimum payment will vary based on the balance owed.  Most store credit cards have high interest rates.  You should avoid them unless you plan to pay off the balance every month.

Answer 2

You have to pay at least the monthly minimum amount or the account will be in default (past due).  The minimum payment is based on the balance.  Typically it's 3% of he balance.

It is never a good idea to carry a balance on a credit card, especially a store credit card with such high interest rates.  You should only charge what you can afford to pay in full every month.  That way you stay out of debt.