How to repay credit card debt?

When there is no credit card debt, it is not necessary to deposit money into the account.  If debt arises on the loan, you need to choose the payment option that is best for you. 

There are several options: 

  1. Repay the debt to the bank in full with a single payment. This can be done both during the interest-free (grace) period and after it ends. In any case, with this method of debt repayment, interest charges will be minimal.
  2. Repayment in arbitrary amounts, but greater than the minimum payment. With this method, it is important to remember that if you do not repay the full amount in full during the grace period, interest will be charged. 
  3. Repayment by the minimum payment. Under this option, interest expenses will be the highest. 

 Learn about ways to deposit money into a credit card account 

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