Calculation process:

It is known that the overdue interest is 0.05% and the debt is 5000.

According to the interest calculation formula: interest = principal × interest rate × deposit period.

Then one month will generate overdue interest =5000×0.05%×30=75 yuan.

Extended data

Influence of overdue repayment of ICBC credit card

1. If it is a quasi-credit card, the longest overdraft period is 60 days. If it is not returned for more than 60 days, it shall be deemed as overdue;

2. If it is a credit card, if the minimum repayment amount is not repaid before the due repayment date (inclusive), it will be considered overdue, and corresponding liquidated damages will be generated in addition to interest (liquidated damages = unpaid part of the minimum repayment amount ×5%). ?

Users are advised to repay in time or sign an automatic repayment agreement before the repayment date, so as not to affect personal credit. Xiao Zhi reminds you: 1. If the repayment is difficult at present, users can pay the minimum repayment amount first, or apply for installment payment.

Industrial and Commercial Bank of China-Introduction of Credit Card Interest.

Industrial and Commercial Bank of China-Impact of Credit Card Overdue Repayment