Calculation method of interest of CITIC Bank: repayment amount * daily interest rate * consumption days+consumption overdraft amount * daily interest rate * consumption overdraft days.

For example, if Mr. Zhang's billing date is the 5th of each month, the due repayment date is the 23rd of each month. On September 5th, the bank will print Mr. Zhang's due bill, including all his transactions from August 5th to September 5th.

One item in this month's bill is August 30th, and the consumption amount is 65,438 yuan+0,000 yuan. Suppose Mr. Zhang's current bill is printed as 1000 yuan and the "minimum repayment amount" is 100 yuan.

Before September 23rd, only the minimum repayment amount was 100 yuan. On June 5th, the revolving interest of Mr. Zhang's statement was: CITIC Bank's credit card revolving interest = 17.4 yuan.

The specific calculation is as follows: 1000 × 0.05% × 24 days+(1000-100 )× 0.05 %×12 days = cyclic interest 17.4 yuan.

Extended data:

Calculation method of minimum repayment amount of CITIC Bank;

Minimum repayment amount = all outstanding part of the minimum repayment amount in the previous period+all cash transaction amount and related interest expenses+all expenses exceeding the credit line+10%× non-cash transaction amount based on related interest expenses+current distribution amount +EPP and related interest expenses.

References:

What does CITIC Bank-CITIC Bank mean by the minimum repayment amount of its credit card?