John Miller, Credit Cards Moderator
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The First Savings Credit Card minimum payment is the greater of the following:
- 4% of the statement balance
- 1% of the statement balance, plus late fees and interest
If the statement balance is less than $30, the First Savings Credit Card minimum payment will be equal to the balance. In addition, you will have to pay any past due amounts and amounts in excess of your credit limit.
The minimum payment is the smallest amount you’re obligated to pay by the due date for your First Savings Credit Card account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score might also take a hit if you miss multiple minimum payments.
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