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Monthly Minimum

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Uploaded by on Dec 5, 2008

http://www.paymentmax.com - In this video we will explain the monthly minimum.
http://www.paymentmax.com/about-us/faq.aspx
As long as your credit card fees meet or exceed this minimum, you are not charged any extra fees. However, if your monthly fees are less than this minimum, then you are charged the difference up to the minimum. For example, if you have $20 in rate fees in a given month, and your account has a $25 monthly minimum on it, you will be charged an additional $5 to meet the monthly minimum.

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