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Credit Cards: Your Minimum Payment Will Soon Increase to 5% of the Balance

From August 1st, the minimum percentage to be paid, of the monthly balance of your credit card, will increase from 4.5% to 5%.

Effective August 1, Quebec credit card holders will be required to pay the equivalent of 5% of their account balance each month.

1 day ago·Montreal, Canada

Reposted by

24heures.ca

From August 1st, the minimum percentage to be paid, of the monthly balance of your credit card, will increase from 4.5% to 5%.

2 days ago·Montreal, Canada

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TVA Nouvelles broke the news in Montreal, Canada 2 days ago on Tuesday, July 15, 2025.

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