Credit Card Minimum Payment Calculator

Instantly calculate your minimum payment amount and interest based on your credit card statement balance.

Note: For cards with a limit of 50,000 TL or below, the minimum payment rate is 20%. For cards above 50,000 TL, the rate is 40% (BRSA regulation).

Warning: This tool is for informational purposes only. Check your card agreement or contact your bank for exact rates.

What is the Credit Card Minimum Payment? How is it Calculated and When is it Applied?

If you have a credit card debt, you need to know this amount.

The credit card minimum payment is the smallest amount you must pay to your bank each month. Paying below this amount can lower your credit score, incur late payment interest, and your card may be blocked for use.

In This Guide:

  • What is the minimum payment amount?

  • How is it calculated?

  • When is it applied?

  • What happens if the minimum payment is not made?

💡 Want to calculate it instantly? Use our Credit Card Minimum Payment Calculator at the top of the page to find your minimum payment in seconds.

What is the Minimum Payment Amount?

The minimum payment is a percentage of your credit card statement balance that must be paid by the due date.

Paying this ensures your card remains active and protects your credit score from dropping.

How is the Minimum Payment Calculated?

As of September 26, 2024, according to the BRSA (Banking Regulation and Supervision Agency), the minimum payment rate depends on your card limit:

  • Card limit 50,000 TL or less: 20%

  • Card limit above 50,000 TL: 40%

Calculation Example:

  • Statement Balance: 10,000 TL

  • Card Limit: 30,000 TL (under 50,000 TL)

  • Applicable Rate: 20%

Minimum Payment=10,000×0.20=2,000 TL\text{Minimum Payment} = 10,000 \times 0.20 = 2,000 \text{ TL}

Current Interest Rates

  1. Contractual Interest Rate
    If you pay the minimum or more, this interest applies to the remaining balance.
    Current Rate: 4.00%

  2. Late Payment Interest Rate
    If you pay less than the minimum, this rate applies to the unpaid portion.
    Current Rate: 4.30%

⚠️ Note: Late payment interest is subject to 5% BSMV and 15% KKDF taxes.

What Happens If the Minimum Payment is Not Made?

  • Credit Score Drops: The bank reports the delay to the Credit Bureau.

  • Late Payment Interest: 4.30% interest is applied to the unpaid portion.

  • Card Restriction: If minimum payment is repeatedly missed, the card may be blocked.

  • Legal Sanctions: If minimum payment is missed 3 times within a calendar year, cash withdrawals and credit limit increases are blocked.

Advantages of Paying the Minimum Payment

✅ Protects your credit score
✅ Prevents late payment reports
✅ Keeps your card active

Frequently Asked Questions (FAQ)

🔹 Does the minimum payment change every month?
Yes, it may vary according to your statement balance.

🔹 Can I pay the minimum and defer the rest?
Yes, but contractual interest will apply to the remaining balance.

🔹 I have a card with a 50,000 TL limit. What is my minimum payment rate?
Since your limit is above 50,000 TL, the minimum payment rate is 40%.

🔹 Are taxes added to late payment interest?
Yes, 5% BSMV and 15% KKDF are added.

Conclusion: Plan Your Credit Card Payments

Paying the minimum payment is crucial to control your debt and protect your credit score. Timely payments help you:

  • Avoid legal sanctions

  • Prevent a drop in your credit score

🏦 Warning: This calculator is for informational purposes only. Check your card agreement or contact your bank for exact information.

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