Pay more than your minimum monthly payment

Pay more than your minimum monthly payment

If you can, pay more than the minimum monthly repayment to reduce the amount of interest you pay and help pay off your balance sooner. Even small amounts above the minimum monthly payment can make a big difference over time.

Don’t wait for the due date. The sooner you make a payment, and the more you can pay, the less interest you'll pay over time. Use the Moneysmart Credit card calculator to see how much you can save.