Chosen by Asker

That all depends on what percentage your interest rate is. Call or check your monthly statement, and it will show the rate in percents. If the balance is $100 on the card, and your interest rate is 15%, they will charge you an additional $15 in interest fees. If you pay the $100 in full, you avoid the interest fees. So yes, your bill will go up unless you pay it in full, or unless they are charging you 0% interest.

Source(s)

Gizzard

by Gizzard

2 years ago

Asker's Rating: 

I would suggest u pay that card off and cut it up like i did. Try to get a card with a credit union they have good interest rates. Capital One is a bad company to deal with. Their interest rates are too high and they dont care about u. You'll never pay it off if u pay the minimum always pay more than that and yes the bill will go up cause they will keep eating u up in finance charges every month. I used my tax refund money to pay mines off I owed $600. After i paid it off and closed my account i got a letter in the mail the next week saying i owed $20 cause it went into the next billing month before i closed it. I called them up and told them i wont paying $20 cause i asked for my final payoff and they told me what it was and thats what i paid and i was done with them. I talked to the manager and she dropped the $20 fee and i been rid of that company every since. They're scam artists

by rjones- 2 years ago

It all depends on the interest rate

by CAROLINE A- 2 years ago

You should only use a credit card if you can pay the bill in full each month. Otherwise, save up the money first before you buy.

by Steve R- 2 years ago