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• See annual fee.
  Board of Governors of the Federal Reserve System - Cite This Source - This Definition
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  Cite Definition for Membership fee

  American Psychological Association (APA)

  Membership fee. (n.d.). Credit Card Consumer's Guide. Retrieved March 28, 2023, from website: http://www.expertglossary.com/definition/membership-fee.

  Chicago Manual of Style (CMS)

  Membership fee. www.federalreserve.gov. Credit Card Consumer's Guide. Board of Governors of the Federal Reserve System. http://www.expertglossary.com/definition/membership-fee (accessed: March 28, 2023).

  Modern Language Association (MLA)

  "Membership fee." Credit Card Consumer's Guide. Board of Governors of the Federal Reserve System. 28 March. 2023 http://www.expertglossary.com/definition/membership-fee.

• Browse Related Terms: Annual Percentage Rate (APR), Balance Transfer, Balance-transfer fee, Cash-advance fee, Interest rate, Membership fee, Participation fee

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.

  Board of Governors of the Federal Reserve System - Cite This Source - This Definition
  ×

  Cite Definition for Minimum interest charge

  American Psychological Association (APA)

  Minimum interest charge. (n.d.). Credit Card Consumer's Guide. Retrieved March 28, 2023, from website: http://www.expertglossary.com/definition/minimum-interest-charge.

  Chicago Manual of Style (CMS)

  Minimum interest charge. www.federalreserve.gov. Credit Card Consumer's Guide. Board of Governors of the Federal Reserve System. http://www.expertglossary.com/definition/minimum-interest-charge (accessed: March 28, 2023).

  Modern Language Association (MLA)

  "Minimum interest charge." Credit Card Consumer's Guide. Board of Governors of the Federal Reserve System. 28 March. 2023 http://www.expertglossary.com/definition/minimum-interest-charge.

• Browse Related Terms: Bill, Billing period, Due date, Fixed-rate APR, Grace Period, index, Late payment, Minimum interest charge, Minimum Payment, Variable-rate APR

All > Business > Finance > Personal Finance > Consumer Credit > Credit Card

• The bill we send you will state your due date and the minimum amount that you must pay us by that date. This amount is your minimum payment. If you do not pay the minimum payment by the due date, we may charge you a late payment fee. You will also be in breach of the contract.

  You may pay all or part of your account balance at any time. However, for each bill, you must pay at least the minimum payment by the due date stated on that bill.

  Consumer Financial Protection Bureau - Cite This Source - This Definition
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  Cite Definition for Minimum Payment

  American Psychological Association (APA)

  Minimum Payment. (n.d.). Definition of Credit Card Terms. Retrieved March 28, 2023, from website: http://www.expertglossary.com/definition/minimum-payment.

  Chicago Manual of Style (CMS)

  Minimum Payment. www.consumerfinance.gov. Definition of Credit Card Terms. Consumer Financial Protection Bureau. http://www.expertglossary.com/definition/minimum-payment (accessed: March 28, 2023).

  Modern Language Association (MLA)

  "Minimum Payment." Definition of Credit Card Terms. Consumer Financial Protection Bureau. 28 March. 2023 http://www.expertglossary.com/definition/minimum-payment.

• Browse Related Terms: Bill, Billing period, Due date, Fixed-rate APR, Grace Period, index, Late payment, Minimum interest charge, Minimum Payment, Variable-rate APR

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