08/18/2026
๐ซฃ You could end up owing way more on your purchases if you're only making the minimum payment on your credit card every month.
The "minimum payment" is just that...the smallest amount you can pay now.
But it's not the cheapest way to pay off your credit card. ๐ค
Compare different approaches with the Credit Card Payment Calculator: https://itools-ioutils.fcac-acfc.gc.ca/CCPC-CPCC/CreditCardPaymentCalculator.aspx
[Video description: Maya Rudolf making a shocked face. Text: POV: You finally did the math on your minimum payment.]