Posted on: 09-03-06 23:24:07
Quote:
Orginally posted by lana2005
Do you know what is the minimum payment on Amex Blue assuming the max is 5k?
If it is 0% interest then it would be around $60-70 per month. ( this is for any card in general, their calculations usally work out to be 1.2 to 1.5 % of the amount due. + finance chages if any) might vary another +/-10% of what I indicated at best. finance professional would be able to project it to near accuracy.
But you should try to pay it off ASAP. so in that you need to plan accordingly and not go with minimum payments.
