What happens if I pay only the minimum amount due on my credit card?
Reyansh Tomar
Asked 2 Mar 2026
7
I cannot pay the full outstanding amount this month. What are the financial consequences if I pay only the minimum due on my Axis Bank credit card?
1 Answer
Accepted
8
Rohit Raj·6 May 2026
Two things nobody tells you: (1) GST is charged on the annual fee, so a ₹1,000 fee becomes ₹1,180. (2) Reward points usually have an expiry of 2-3 years. Set a calendar reminder to redeem before they lapse.
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