Minimum Payment Due
The minimum payment due is the amount the cardholder has to make to remain in compliance with the terms and conditions of the account. Minimum payment is usually 5-10% of the amount owed. This amount has to be cleared by the due date following which an interest rate will be charged on the total outstanding along with a late payment fee. However one should try to pay the total amount due before the due date so as to avoid the heavy interest charge and maintain an impeccable credit score.
Read the fine print
Make sure you read all the details including the fine print behind the credit card statement. It will answer many of your queries that would need an explanation.