There are three repayment methods for credit cards in various banks: full repayment, minimum repayment amount, and bill installment repayment. Generally, banks will explain the current repayment amount and the minimum repayment amount in the bank statement.

The minimum repayment amount means that when the cardholder is unable to repay the current balance in full before the agreed repayment due date, he or she can choose the minimum repayment amount specified by the bank for repayment.

Whether you repay the bill in full or only the minimum repayment amount will not affect the cardholder's credit score. However, repaying only the minimum repayment amount will accrue credit card interest, and the remaining balance will not be repaid. The amount of the payment will also be included in the repayment amount of the next bill on a daily basis. Generally, banks will charge a daily interest of 0.5.

If the cardholder fails to repay or the repayment amount is lower than the minimum repayment amount, the bank will record the cardholder as a credit overdue, and will also incur corresponding late fees and interest.

In fact, for banks, it is most beneficial for cardholders to pay the minimum repayment amount, because the later the cardholder pays off the remaining balance, the longer the bill interest period will be, and the bank's loan profit will be lower. It makes money by earning interest and charging fees for operating the installment repayment business.

It is recommended that cardholders make a choice based on their financial repayment strength, ensuring that they can bear the interest arising from incomplete repayment without affecting their personal credit score.