However, there are two amounts that you must take into account.

Minimum payment

This is the amount you must make as a minimum for your credit line to remain in force and you can continue to use it. However, doing this implies that interest charges are generated according to the agreed rate, and that the actual interest VAT grows. Thus, paying the minimum payment increases the time to repay the loan and raises the final cost.

Each bank establishes the minimum payment that can be made for its credits, and it is included if you are paying for goods in months with or without interest.

Non-interest bearing payment

This is the amount of payment as a total of the debit balance of your credit card, discounting also the balances in fixed payment plan, months without interest or immediate cash promotions.

If you pay this amount within the established period, the card will not generate interest charges. You should take into account that cash withdrawals do charge daily interest until they are settled.