How to differ the Total amount due and Minimum Amount due in SBI Credit card ? Which is important
Minimum amount due is the amount which you pay to avoid late payment fee.
Remember, you will still be charged interest on the remaining unpaid amount, just that late fee will not be applied. Total amount due is self explanatory the total money you owe the credit card company.
Total Amount Due is an Important one.. it has 50 days margin. After that they charges a 3 percent interest extra.