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What happens if I pay only the minimum amount due on my credit card?

Ananya Chaturvedi

Asked 3 Apr 2026

22

I cannot pay the full outstanding amount this month. What are the financial consequences if I pay only the minimum due on my ICICI Bank credit card?

2 Answers

Accepted
11
Saurav Bhatia·28 Feb 2026

I've been a customer for 6 years. The biggest upside is the customer service. The biggest downside is the slow mobile app. If you do most banking on the app, test the app at a branch before applying — it's surprisingly old.

3
Selvam Iyer·14 Mar 2026

On the add-on card: yes, the primary cardholder is fully liable for all spends on the add-on. There is no separate credit limit or statement. So only issue it to someone you trust absolutely — spouse, parents. Not friends, not siblings you have money disputes with.

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