Precautions
1. If it is overdue, there will be cyclic interest.
2. Calculate the credit card interest to avoid making repayment mistakes.
3. Failing to pay it back within the time limit will leave a bad credit record.
if you don't repay in full before the interest-free repayment period, you won't enjoy the interest-free repayment period, and the overdraft interest will be calculated based on the actual amount owed and the actual number of days owed from the transaction bookkeeping date. The overdraft interest rate is .5 ‰ of the daily interest rate, with compound interest on a monthly basis.
a credit card will have an interest-free period, and if it is repaid before the repayment date, it will not generate interest. However, if it is overdue, there will be a late payment fee. You can calculate the interest as follows: Take a credit card with a line of 1, as an example, the billing date of the card is the 1th of each month, and the final repayment date is the 3th of each month. Cardholders spend 1, RMB on November 1st, and the bill is paid on November 1th. The minimum repayment amount is 1% of the total consumption-1 yuan: If the cardholder deposits 1, RMB for full repayment before November 3th, there will be no interest and late payment fee.
If the cardholder chooses the minimum repayment, that is, after the 1th and before the 3th, he only deposits 1 yuan into his credit card, which will generate interest of five ten thousandths per day. When the bill is issued again on December 1th, the total interest will be RMB 2. The calculation method is: 1, (consumption last month) times 4 (days from the billing date to the current billing date) times .5 (interest) =2 yuan.
China Bank is the only bank in China that has been operating continuously for more than 1 years, and it is also the most internationalized and diversified bank in China. It has institutions all over China Mainland and 61 countries and regions, and has holding financial institutions such as Bank of China International, Bank of China Investment, Bank of China Fund, Bank of China Insurance, Bank of China Aviation Leasing, Bank of China Consumer Finance, Bank of China Financial Business and Bank of China Hong Kong. In 217, China Bank became the only "Shuangao Bank" in China.