How do I pay my credit card bill?

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You pay your credit card by paying the issuer’s invoice, either the full balance or at least the minimum amount by the due date. Pay it all and you avoid interest. Most people set up eInvoice or direct debit in their online bank so payment happens automatically. Pay only the minimum and the effective rate, from 21.66% upwards, applies to the rest. Each month the issuer sends an invoice with two figures: the minimum you must pay, and the full balance. The due date is on the invoice. Pay the full balance by that date and your purchases are interest free, and the card costs you nothing on four of our five cards. The safest way to avoid interest and reminder fees is to set up eInvoice or direct debit so the full amount is collected automatically. Then you never miss the due date. You can also pay manually using the KID number and account number from the invoice. If you pay only the minimum, the rest stays as credit with interest. re:member credit card, for example, offers up to two payment-free months a year, but interest still accrues that month. To bring the cost down, paying more than the minimum always pays off.

How do I pay my credit card bill?

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