The Cerulean Credit Card minimum payment is the greater of $35 or 4% of the statement balance, plus any past due amounts. If the statement balance is less than $35, then the minimum payment will be equal to the balance. In addition, if you recently missed a payment, the issuer may add a late fee to your minimum payment.
The minimum payment is the smallest amount you’re obligated to pay by the due date for your Cerulean Credit Card account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
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