CREDIT CARD MINIMUM PAYMENT CALCULATOR

Assists you to understand your repayment ability.

Assists you to understand your repayment ability

The following "Calculate by Repayment Amount" is to calculate (i) the period of time required to pay off an outstanding balance if only the minimum payment is made every month, or (ii) paying off the statement balance in 36 months by a monthly fixed payment amount.

Calculate By Repayment Amount


Monthly repayment amount
Minimum payment Fixed payment amount $
Estimated time required
to pay off the balance
36 months
Total repayment amount
Total outstanding balance
of credit card
Total interest paid

Notes:

  • Assume repayment is made on or before the payment due date of each statement month.
  • The minimum repayment calculator and derived results are reference only.
  • Please refer to the "Key Facts Statement and Fees Schedule" for the finance charge.
  • Minimum Payment =
    [(Statement Balance - Finance Charge and Other Fees & Charges) X 1.5% + Finance Charge and Other Fees & Charges] (minimum = $250) + Outstanding Minimum Payment Due and Over Limit Charge