The minimum repayment amount of Bank of Communications means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. The minimum repayment amount is listed on the current bill.

If the repayment amount is greater than or equal to the minimum repayment amount but less than the full repayment before the repayment date stipulated by the Bank of Communications credit card, the bank will default to the minimum repayment amount.

After spending by credit card, only the minimum repayment amount is paid, as long as there are enough credit cards. The minimum repayment of credit card will generate certain interest, but it has no adverse effects, and it will not be overdue and will not affect the credit history.

Extended data:

Repayment reconciliation

After the credit card is spent, you will receive the bank statement on the billing date. There are two quantities, which we should write down. One is the amount payable in this period, and the other is the minimum repayment amount.

In fact, this is also a major advantage of credit cards. Once you spend your credit card, which is beyond your repayment range, you can choose the minimum repayment amount, so that your personal credit will not be affected. But that means you can't enjoy the interest-free period any more.

References:

Baidu encyclopedia-minimum repayment amount

References:

Baidu Encyclopedia-Bank of Communications Credit Card

References:

Baidu encyclopedia-credit card