Take the penalty for credit card repayment of China Construction Bank as an example:

When the cardholder fails to repay the credit card or the repayment amount is lower than the minimum repayment amount before the due repayment date, China Construction Bank will charge the minimum repayment amount of RMB 5 yuan or USD 65,438+0 or EUR 65,438+0 (in the same currency as the corresponding minimum repayment amount) as the penalty.

If there are other provisions in the agreement, such provisions shall prevail. ?

Take China Industrial and Commercial Bank as an example:

Peony credit card (excluding quasi-credit card) fails to repay the minimum repayment amount before the due repayment date (inclusive), which is regarded as overdue, and besides paying overdraft interest, it should also pay liquidated damages. The liquidated damages shall be charged at 5% of the unpaid minimum amount (if the amount charged is less than 65,438+0, the minimum 0 yuan is RMB 500 yuan or HK$ 65,438+000 or Euro 65,438+000).

Extended data

The specific calculation formula of credit card repayment penalty is:

Liquidated damages for repayment = (minimum repayment amount-amount repaid before due repayment date) × 5%.

For example:

On August 7th, Mr. Shi's bill was settled, with a total amount of 2,000 yuan payable and the minimum repayment amount of 200 yuan. The repayment due date is August 27th. Return 100 yuan on August 27th.

Because he didn't pay off the minimum repayment amount before the due repayment date, the billing bank will collect the repayment penalty 5 yuan in September.

The calculation method is as follows: (200- 100)*5%=5 yuan. ?

China Construction Bank Personal Customer Homepage-Credit Card Penalty Interest

China Industrial and Commercial Bank of China China Website-Introduction of Credit Card Fines.