Quote:
Originally posted by psyko514
My highest is $4K, with a 5% interest rate. I don't use my credit card ever though. I always pay cash. The only thing going on my credit card right now is monthly bills (cell, internet, cable, phone, etc) which subsequently get paid off.
The min. payment on a card here in Canada is typically 3-5%. So on a $150K balance, we're talking $4500-$7500. Interest rate is probably 17-19% with 21 grace days though.
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My cards are 2% of balance or $20, whatevers higher.