Student credit?

Question

i recently opened a student credit card with my bank, chase, i have 0 apr untill december so i was woundering how much would my min. balance be if i but $100 dollars on it?

Answer 1

The most it would be is 20.00. Each bank sets a minimum amount due for low balances. Say if your bill was 25.00, then your minimum would still be 20.00. For high balances the minimum due is a small percentage of the overall balance.

http://www.creditwish.com/youngadults.ht...

Answer 2

close to 15 dollars. but i wouldnt recommend paying the minimum.