Issuer rules differ
Explore a common rule structure without treating the result as your issuer's official required payment.
Browser-local estimate
Issuer rules differ. Enter the percentage and fixed minimum shown in the rule you want to explore.
Estimated monthly interest
Balance percentage amount
Fees included
This is an educational estimate, not the issuer's official required payment. Check the current statement and cardholder agreement.
General formula
The estimate uses the greater of:
For a small amount due, the estimate is capped at the balance plus estimated interest and fees.
Real minimum-payment rules can include different percentages, past-due amounts, over-limit amounts, fees, interest definitions, and rounding rules.
For a $2,000 balance at 24% APR, $10 in fees, a 1% balance component, and a $25 fixed minimum, the simplified percentage formula is $20 + $40 estimated interest + $10 fees = $70. Because $70 is greater than $25, the estimate is $70.
A minimum is designed around an account rule, not around the fastest or least expensive payoff. A separate payoff calculation can show how a larger fixed payment changes time and estimated interest.