The minimum amount you pay to credit card companies has been designed in favor of the card company. The usual minimum amount you have to pay is 5%. With a Php 10,000 bill, that translates to Php 500 a month.

The minimum amount due is deceptive though. It will take you 34 months to pay off the Php 10,000 bill if you just pay Php 500 a month. Your interest would be in the range of Php 6,000.

So next time, try to pay off as much as you can!