Phrases you need to know:

MONTHLY SPEND
Monthly spend is how much you spent on your card in a month. When you pay with a pos or withdraw cash from the ATM or a web transaction or a transfer using the O3 App.

INTEREST PAYMENT
Interest is calculated at 0.013% daily only on what you spend. No spend no interest . So you can use your card only when you need to no worries.

PRINCIPAL PAYMENT
This is calculated at 10% of what you spend for the month. Don't worry, when you pay it goes back into you card available to spend again when you want.

MINIMUM PAYMENT
This is the only amount you have to pay back each month. If you want you can always pay more to reduce your next interest payment.