Re: Citi Minimum Balance
12-05-2009 04:49 AM
I don't have a Citi acct, but usually CC minimum payments have an either/or calculation. It's either a certain percentage of the balance, or if the balance falls below a certain threshold, the minimum payment will equal the balance. I've usually seen the threshold amount at $15, but it's certainly possible that an issuer would specify a higher amount.
I hope this helps.
8/2009 (myFICO): TU - 599, EQ - 656
7/23/2010 (LO pull): TU - 738, EQ - 801, EX - 785
4/12/2012 (myFICO): TU -778, EQ - 791