Calculation of credit card interest of CCB:
1. Interest-free repayment period: Interest-free repayment period refers to the interest-free period of consumer transactions enjoyed by cardholders when they repay in full on schedule. The interest-free period starts from the bank bookkeeping date to the repayment date, with a minimum of 20 days and a maximum of 50 days. Overdraft cash withdrawal transactions do not enjoy interest-free repayment period.
2. If you don't repay in full before maturity, you won't enjoy the interest-free period. The Construction Bank will charge interest at a daily interest rate of 0.5 ‰ and compound interest monthly. The interest-bearing date is from the date of consumption to the date of repayment, and the interest-bearing principal is calculated according to the actual amount payable.
3. If the repayment is not made before the due repayment date or the repayment amount is lower than the minimum repayment amount, CCB will charge interest according to the regulations, and will also charge a late fee of 5% for the unpaid part of the minimum repayment amount.
Extended content: credit card application process
(1) Credit card In most cases, citizens with full civil capacity (Chinese mainland 18 years old citizens) who have a certain direct economic source can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.
(2) The object of applying for a credit card can be divided into units and individuals. Applicants should be organs, enterprises, institutions, foreign-invested enterprises and individual industrial and commercial households with independent legal personality in China. When applying for a credit card, each unit can get a main card and multiple (5- 10) supplementary cards as needed. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.
(3) The application method is generally to fill in a credit card application form, which generally includes the applicant's name, basic information, economic status or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate. A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.