Making a credit card minimum payment:

A Means you are paying a small portion of your total credit card debt

B Is the same thing as making a late credit card payment

C Will have a negative effect on your credit score

D Will cause your credit card to be cancelled

A is correct answer. The minimum payment is the smallest amount you can pay to your credit card company without having to make extra payments or incur extra charges. It is calculated based on the interest rate and the amount you borrowed. However, as the amount you are repaying decreases, so does the minimum payment, so you always end up only paying off a small portion of the total debt.