Credit card holders of China Construction Bank can enjoy the interest-free treatment of consumer transactions by repaying all the due amount from the bank bookkeeping date to the due repayment date (inclusive), which is called the interest-free repayment period; The interest-free repayment period is from the bank entry date to the due repayment date, with a maximum of 50 days and a minimum of 20 days. Different credit card consumption days can enjoy the longest interest-free period, and the bill can enjoy the longest interest-free period the next day.
If the cardholder fails to repay in full (only the minimum repayment amount and above) before the due repayment date, the Construction Bank will charge a certain amount of cyclic interest on all consumption amounts in the current period, with the interest calculated at the daily interest rate of 0.5 ‰ and compound interest calculated monthly. The interest-bearing date is from the transaction bookkeeping date to the repayment date, and the interest-bearing principal is calculated according to the actual amount owed, but it will not affect the personal credit record.
If the cardholder fails to repay before the due repayment date or the repayment amount is lower than the minimum repayment amount, CCB will charge a certain amount of circulating interest and late payment fee for all the consumption amount in the current period. The overdue fine is calculated at 5% of the unpaid minimum amount, with the lowest RMB account in 5 yuan and the lowest foreign currency account 1 USD/Euro (monthly). And it will leave a stain on personal credit history.