The minimum payment is the smallest amount you must pay by the due date to keep your Monefit Card account active and in good standing.
💳 Your minimum payment amount depends on:
Your outstanding balance
Any applicable interest
Fees or overdue amounts, if applicable
The exact minimum payment is displayed in the Monefit Card app each month as part of your statement.
You can always choose to:
Pay only the minimum payment
Make a partial repayment above the minimum
Repay your full balance
Paying more than the minimum payment may help you:
Reduce your balance faster
Lower future interest charges
Restore available credit sooner