how much to snowflake?

Avatar for 2locachicas
iVillage Member
Registered: 05-14-2003
how much to snowflake?
1
Thu, 01-27-2005 - 8:45am

I have this credit card and the minimum is 412. My snowflake plan is to pay 420 until it is paid off.

Well this credit card tries to trick you. Any amount you pay OVER the minimum they subtract off next month's minimum. So this month my minimum is 404.

So is mysnowflake $16 or really only $8 because they are trying to trick me?? (one of the customer service reps told me this is how they bill)

Thanks!!

iVillage Member
Registered: 12-05-2004
Thu, 01-27-2005 - 1:06pm

My credit card works the same way. I've had times where I've made a huge payment (such as when tax returns come in), and the following month's statement will actually say nothing is due as a minimum payment! LOL! :-D

I just take my monthly minimum (whatever they state it is) and make that my "normal payment" and anything above and beyond that is my snowflake.

So for this month, my minimum was listed as $61, and I'm sending $100. So my snowflake is $39 for that bill. :-D

Pat :-D