how to do i make repy ment for my ciedit card

1 therough alternative channeis, internet daniking mobile hanking.




2complete a deposit slip with the card account number and pay over the counter.











        What happens if make repy ment defoe my statement is gener ated at the end of the moth
  • Partial Repayment: If part of the total outstanding amount due(Which is less than the minimum repayment amount) is paid before end of the month, you have only reduced your total indebtedness and after end of the month, you will still be required to make payment of at least your minimum amount due on or before payment due date .
  • Minimum Repayment: If the advised minimum repayment amount is made available on or before the 15th of the succeeding month, the remaining balance will be carried over to the next statement period with the applicable interest charge on it.
  • Full Repayment: If total outstanding amount due is paid before end of the month, you have cleared your total indebtedness and when statement is generated, your outstanding amount to be paid will be zero
     

            How much do i have to pay mothly to keep my card functional

 You are expected to make the minimum repayment amount as stated on the monthly statement. This amount is usually the percentage of the total utilized amount plus all fees and interest. e.g., if you withdraw N20,000 plus N600 charge, you are to repay at least 10% of 20,600 which is N2,060

     

 


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