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What is the minimum monthly payment for the Cash Yes card?

April 26, 2017card cash minimum payment yes

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What is the minimum monthly payment for the Cash Yes card?

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The minimum payment required after each billing cycle will be the greater of: (a) 9.0% of your account’s New Balance, rounded up to the nearest dollar; or (b) $30 (or any lesser amount that would pay your New Balance in full). The total amount due after each billing cycle will be the minimum payment, plus any past due amount, and any portion of the New Balance that exceeds the credit limit of your Cash Yes account. Our minimum payment due is higher than most credit card programs, because our program is intended to assist you in sensibly paying a significant percentage of your outstanding credit card balances each month. Please refer to the Terms and Conditions for more information, and the Cardholder Agreement you will receive if you are approved for the Cash Yes card.