Sebi Mitchell, Credit Cards Moderator
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The Credit One Platinum credit card minimum payment is $30 or 5% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If your balance is less than $30, the entire amount is the minimum payment. Note that if you recently missed a payment, Credit One Bank may add a late fee to your minimum payment, too.
The minimum payment is the smallest amount you’re obligated to pay by the due date for your Credit One Platinum card account to be in good standing. Failure to do so may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
Credit One Bank® Platinum Visa®
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