If the credit card billing cycle closes on Jan 15th and a payment in made on jan 14 for the complete amount of the December bill plus an additional $5.
What will be the minimum balance due on jan 15 statement?
Will the $5 be considered a PAYMENT on the jan bill?
Or rather a reduction in the balance used to calculate the minimum amount due, but not a payment to satisfy the minimum payment. (Due to the fact it wasn't done after minimum amount due is calculated)