The Credit One Visa credit card minimum payment is $30 or 5% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $30, the Credit One Visa credit card minimum payment will be equal to the balance. In addition, if you recently missed a payment, Credit One Bank may add a late fee to your minimum payment.
The minimum payment is the smallest amount you’re requierd to pay by the due date to keep your Credit One Visa credit card account in good standing. Failure to pay at least this amount by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
This answer was first published on 04/19/21 and it was last updated on 02/12/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
