For Minsheng Credit Card with interest-free period, if your credit card is overdue, you will not be able to enjoy the interest-free period treatment, bookkeeping interest and liquidated damages. We will regularly and truthfully upload your credit card repayment to China People's Bank, which may affect your personal credit record. Please pay attention to your consumption at any time and repay on time.

If the repayment is not made on time, it is possible to charge interest and liquidated damages: Interest: If the cardholder fails to pay off all the current repayment amount on the current bill before the final repayment date, he will pay interest on the overdraft consumption transaction.

If the full amount of the current bill is paid off before the next bill is issued, the interest will be calculated from the billing date of overdraft consumption to the day before the payment is paid off; If the bill is not paid off in the previous and next periods, the next period will show the interest from the overdraft consumption billing date to the current billing date. The interest standard is five ten thousandths/day.

Liquidated damages: if the cardholder fails to pay the minimum repayment amount of the current bill before the final repayment date, he shall pay liquidated damages in addition to overdraft consumer interest. The penalty is 5% of the unpaid minimum amount, and the minimum amount is RMB/KOOC-0/0 yuan/USD/KOOC-0/Yuan/Euro/KOOC-0/Yuan/AUD/KOOC-0/Yuan/CAD/KOOC-0/50 yuan.