What is the minimum monthly payment?

The ‘Total amount due’ appearing on your latest humm90 Account statement is the lowest amount that you need to pay for each statement period to keep your account current.

Your ‘Total amount due’ will be made up the following elements, as applicable:

• the minimum payment, being 3% of your outstanding balance excluding:
  • everyday purchases and fees during their initial 80 to 110 day Payment Holiday, and any other promotional offers involving a Payment Holiday
  • any amount under an Instalment Plan
  • overdue and overlimit amounts.

If your outstanding balance on which the 3% minimum payment is carried out is $30 or less, then that full outstanding balance will be your minimum payment

• any Instalment Payment falling due in the relevant month, and
• any overdue amounts or overlimit amounts (ie, amounts in excess of your credit limit). Those should be paid immediately to make your account current.