All > Business > Finance > Personal Finance > Consumer Credit > Credit Card
The minimum amount of interest you will be charged if you are charged any interest. For example, if your total interest charge is $0.75 but the credit card company's minimum interest charge is $1.00, you will be charged $1.00.
- Browse Related Terms: Bill, Billing period, Due date, Fixed-rate APR, Grace Period, index, Late payment, Minimum interest charge, Minimum Payment, Variable-rate APR