Hello, let's see, it's my first time to apply for a credit card, and I don't quite understand it ~ as long as I return the credit card in time every month, there will be no charge, right? What does this interest mean? As long as the repayment is made before the specified repayment date, no fees will be incurred. Interest means not paying back on time, and charging five ten thousandths of interest every day.

Interest shall be calculated on a daily basis after cash withdrawal or when full repayment is not made at maturity. Interest and late fees will be incurred after the deadline.

The overdraft limit is the credit limit set by each bank according to your credit qualification.

Credit cards are generally free of annual fees in the first year, except CITIC, and individual cards are charged a handling fee. Generally, the annual fee for the following year is exempted after a few strokes, and so on.

Credit cards do not approve of cash withdrawal, because there will be cash withdrawal fees, inter-bank cash withdrawal fees, off-site cash withdrawal fees and interest. If you don't repay on time, you will also be charged with late fees, penalty interest, loss reporting fees, card replacement fees and so on.

All banks are the same. If the due repayment date is not enough, even if you pay back 4999 yuan, 1 yuan, the interest will be calculated from the day you spend it by credit card, and then by 1 yuan on the day you pay back 4999 yuan.