Legal. Otherwise, you would have been sued a long time ago. Some banks have paid off more than half of the credit card payment, with only a few yuan or cents missing. However, as long as you have not paid it all off, interest will be charged on all purchases during the entire billing cycle (that is, no interest will be charged). Enjoy interest-free repayment period). There are also some banks that are more user-friendly (such as ICBC). They will only charge penalty interest based on your actual debt, and accumulate interest on a daily basis based on the amount you owe.

The maximum annual interest rate supported by law is 24%, and the daily interest rate is 6.57534%. The interest rate of a credit card is 0.05% per day, which translates into an annual interest rate of 18.25%, which is lower than the maximum annual interest rate supported by law of 24%, so it is legal. In addition, credit cards generally calculate interest based on the total amount. It is inappropriate if the repaid portion is not deducted. In private lending, because the borrower defaults on interest, it proves that the borrower has defaulted, although the loan period has not expired. The lender can still sue the court in advance to require the borrower to repay the money.

1. Article 108 of the "Contract Law" stipulates: If one party expressly states or shows by its own behavior that it will not perform its contractual obligations, the other party may require it to bear liability for breach of contract before the expiration of the performance period. Malicious overdrafts are included in several cases of credit card fraud. What is a malicious overdraft? If the cardholder overdrafts beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and fails to return the overdraft for more than 3 months after being called upon twice by the card-issuing bank, it shall be deemed to be a violation of Article 196 of the Criminal Law. "malicious overdraft".

2. Specifically refers to: the cardholder’s overdraft amount exceeds the allowed overdraft amount of the credit card for the purpose of illegal possession, or knowingly is unable to repay, and evades investigation, or after receiving two collections from the card-issuing bank. Failure to return within 3 months. Malicious overdraft, if the amount is more than 10,000 yuan but less than 100,000 yuan, shall be deemed as a "relatively large amount" as stipulated in Article 196 of the Criminal Law; if the amount is more than 100,000 yuan but less than 1 million yuan, it shall be deemed as a "large amount" under the Criminal Law. "Huge amount" as stipulated in Article 196; if the amount is more than 1 million yuan, it shall be deemed as "especially huge amount" as stipulated in Article 196 of the Criminal Law. According to the criminal policy of balancing leniency with severity, those who repay these overdrafts before the court has made a judgment or the public security organ has not filed a case will be dealt with lightly or not be held criminally responsible. This way, those fraudulent behaviors of "malicious overdrafts" will be investigated in accordance with the law, and at the same time, Give full play to the warning and educational role of the law and reduce the scope of criminal attacks as much as possible.