- Centurion Member
- Posts: 4913
- Joined: Sun May 20, 2012 4:35 pm
- Location: WI
What that means is, if you do not pay the full amount owed by the due date, thus leaving a balance, no matter how small that balance is, you will pay a minimum amount of interest for that. So say that you leave a one dollar balance and the interest amount is a few cents, you will still pay that 1 or 2 dollar or 50 cent minimum regardless if the actual balance is too small to require that amount.