You charge $500 on each of your two credit cards. One is American Express with an
interest rate of 15.99%. The other is Chase Sapphire with an interest rate of 20.99%.
Assuming that you are only making the minimum payment of $25 to each of the
credit card companies, which card will you pay off first?
Chase Sapphire
American Express
Interest Rate does not affect your minimum payments.
All of the above