If the minimum repayment amount of the bill is not paid in time before the due repayment date, late fees and interest will be charged, and personal credit will be affected. The overdue fine is 5% of the unpaid minimum amount, and the minimum amount is RMB 10 yuan or USD 1 yuan. Interest refers to the collection of all consumption in the current period from the bookkeeping date (usually the day after consumption), with a daily interest rate of five ten thousandths until you pay it off in full.

When you use revolving credit to repay a loan or pay cash in advance, you will be charged revolving interest. If all the consumption funds are paid off in full before the due repayment date of the current billing cycle, you can enjoy the interest-free period by swiping your card without generating cyclic interest; If you don't pay off all the bills in the current period on time, it will be regarded as using revolving credit. From the bookkeeping date (usually the day after consumption), interest will be charged on all the consumption in the current period, with a daily interest rate of five ten thousandths, until you pay off all the bills. If you use the cash advance function, you cannot enjoy the interest-free period of cash advance. Interest will be calculated from the date of cash withdrawal, with a daily interest rate of 0.5 ‰, and compound interest will be calculated monthly until it is paid off.

Examples of revolving interest: ● If your bookkeeping date is 5th of each month, the due repayment date is 23rd of each month; ● The current bill printed by the bank on April 5th, including all your trading accounts from March 5th to April 5th; ● Suppose there is only one consumption in your current bill, the consumption amount is 65,438 yuan+0,000 yuan, and the time for merchants to apply for payment is March 30th; ● Your current bill printed "Current Payable Amount" is 65,438 yuan+0,000 yuan, and "Minimum Repayment Amount" is 65,438 yuan+0,000 yuan; ● Under different circumstances, your circulating interest is as follows: ① If you pay off ￥ 65,438+0,000 in full before April 23rd, the circulating interest in the statement on May 5th is 0; ② If only the minimum repayment amount is 65,438+000 yuan on April 23rd, the cyclic interest on the statement on May 5th is 65,438+07.85 yuan, and the specific calculation is as follows: 65,438+0,000× 0.05 %× 24 days (from March 30th to April 22nd)+(654,300).