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Every month, cardholders need to pay an average of $0 on their credit card – less than the $1360¹ owed by the average American cardholder!
Credit card companies designate a certain amount of the credit card bill as the minimum amount the cardholder needs to pay to stay in good standing with their credit card company. The credit reporting bureaus keep track of how many months in a row at least the minimum is paid on a credit card, so paying on time can help improve a credit score!
The above information is based on anonymous, aggregate data from Check users. Neither this website nor Check is affiliated with null in any way and should not be confused with null.