All of the credit cards in our sequence have a repayment of 1% of the balance. Meaning if you have a $20,000 balance on a card the payment would be $200. That payment changes after the 0% interest period is complete.
If applying for business cards out of our normal business sequence you can try searching on their website to see what their repayment terms are because not all of them are the same. A majority fall under that 1% of the total balance but some can be at 3% as well.
What are the minimum payments on 0% cards? CY
Written by Corey
Last updated October 25, 2023