Credit Card Fee

[Cypress]

I normally pay my credit card balance monthly and on occasion carry over a balance. I have my current statement in front of me and there is a fee for minimum interest charge $1.75. This is new.

I suspect as I pay on time, this is one way for the company to make money. There is no explanation for the fee and it wasn't on last month's bill.

Do I have to pay this?

[Spartana]

Often times if you had a balance carried over that you had interest charged on it, and then paid it in full the second month, there will be a small amount of partial interest charged on the amount of the balance you had from the time they sent you the bill, until the time they received your check to pay it off. So unless it's a partial interest charge for a balance you carried over from a previous charge, then I'd say no you don't have to pay but call and check first.

[bae]

I'd check out the fine print of your contract with your credit card company before deciding to pay/not pay.