 TITLE: How Is Your Credit Card Minimum Payment Calculated? CONTENT: How Do I Know How Much My Minimum Payment Is?\n---------------------------------------------\nThe easiest ways to find your minimum payment each month are to look at your mailed billing statement or log in to your credit card account online and go to the payment tab or most recent billing statement. If necessary, you can also contact your bank over the phone to ask what your minimum payment is for the month.\nAs part of the Credit CARD Act of 2009, credit card issuers are legally required to provide a \"minimum payment warning\" on each billing statement. This warning tells you the total time it will take to pay off your credit card balance and how much interest you'll pay by only making the minimum payments each month.\nCheck your statement carefully each month to find out your current minimum payment. This amount can change month to month based on your balance and can also include things like late payment fees and past missed payments. END