Which bank has a low interest rate for borrowing money by credit card?
Basically, all bank credit card withdrawal fees are calculated according to five ten thousandths. If the daily interest rate is discussed separately, there is no comparability. If you want to know which bank has low credit card interest, you can judge it according to the interest-free period.
Most banks have an interest-free period, and cardholders can enjoy an interest-free period of more than 40 days after applying for a loan. The interest-free period of joint-stock commercial banks such as China Merchants Bank, Shanghai Pudong Development Bank and China Everbright Bank is generally between 48 and 56 days. The interest-free period of state-owned banks such as Bank of Communications, Agricultural Bank and Bank of China is generally more than 56 days.
So the credit card loan interest rate of state-owned banks is lower. If you want to look at the installment fee, most banks, industrial and commercial banks and agricultural banks in the market have relatively low credit card installment fees.
However, each cardholder's personal qualifications are different, and there are some differences in business dealings with banks. Therefore, the specific situation still needs to be compared by the cardholder himself, and there is also feedback from the user. They can apply for an interest rate of 5/10000 in Bank A and only 6/10000 in Bank B. ..
In addition to the interest-free period and installment fee, you can also compare the minimum repayment requirements of banks to choose. The looser the minimum repayment amount, the higher the loan interest rate.
The above is the related content sharing of "which bank has low interest rate for credit card borrowing", I hope it will help everyone!