James W Reed, Credit Cards Moderator
@jameswreed
The Best Buy® Credit Card minimum payment is any past-due amount plus $30, or 1% of the statement balance plus any interest and fees – whichever is higher. If the statement balance is less than $30, the Best Buy® Credit Card minimum payment will be equal to the balance. In addition, if you recently missed a payment, Citibank may add a late fee to your minimum payment.
The minimum payment is the smallest amount you’re required to pay by the due date to keep your Best Buy® 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 last updated on 02/13/24 and it was first published on 08/13/21. 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.
