The calculation of the minimum payment for Huabei.
To calculate the minimum payment for your Huabei credit, you need to consider two factors: your outstanding balance and the minimum payment percentage. The minimum payment percentage varies depending on your credit limit, but it typically falls between 10-20% of the outstanding balance. To determine the minimum payment for your account, simply multiply your outstanding balance by the minimum payment percentage. For example, if your outstanding balance is 1000 yuan and the minimum payment percentage is 10%, your minimum payment would be 100 yuan. It's important to note that while the minimum payment helps you avoid late fees or penalties, it's often recommended to make larger payments to reduce your overall balance and avoid accruing interest charges.