What is the minimum repayment for a credit card of 16 thousand?
Every bank is different, usually 10% plus the interest generated. Sixteen thousand is 1600 plus interest. Some banks charge 5% plus interest, which means 800 plus interest. Usually, the minimum repayment amount of commercial banks is low. According to relevant public information, the minimum repayment of 1.6 million credit card is 1600 plus interest.