The minimum credit card repayment amount refers to the minimum monthly credit card repayment amount, which is usually 10% of the monthly bill amount and can be displayed on the current month's credit card statement.

Take China Merchants Bank as an example. For China Merchants Bank, the minimum monthly repayment amount is about 10% of the monthly debt amount, so if you owe 15,000 on a China Merchants Credit Card, the monthly interest is 15,000. *0.0005*30 days = 225 yuan. If the minimum repayment is completed, the interest will be 15000*0.0005*300 days = about 2250 yuan.

1. Historical records, the earliest credit card appeared at the end of the 19th century. In the 1880s, the British clothing industry first developed credit cards, followed by the tourism and business sectors. At that time, cards could only be used for short-term commercial credit, they could not be in arrears for a long time, and there was no so-called credit limit.

2. Generally speaking, the appearance of a credit card is a card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name, number, and other relevant content of the card issuer will be printed on the front, and the name and number of the card issuer will be printed on the back. There will be a signature strip etc. printed on it. Cardholders can use the card to make purchases from some specific units and enjoy certain discounts. The first bank to issue credit cards was Franklin National Bank in California. As early as 1952, they took the lead and became the first bank to issue credit cards. After that, many banks issued their own bank cards, and the queue grew bigger and bigger. In the 1960s, bank credit cards were welcomed by all sectors of society and developed rapidly. Credit cards have become popular in many countries. In the 1960s, credit cards had developed for more than 50 years and were widely used in most countries around the world. In the 1980s, credit cards officially entered the Chinese market and achieved rapid development.