ICBC Zodiac Credit Card has the lowest repayment possible. The ICBC Zodiac Card is a credit card with the theme of the twelve zodiac signs of ICBC. If the cardholder fails to repay the full amount or only pays the minimum repayment amount, the bank will charge the unpaid amount. A certain amount of interest will be charged, with an interest rate of 0.05% per day until you pay it all off.

The pros and cons of credit cards

The advantage is to enjoy it in advance. When you see an item you like but don’t have enough money, you can only save money without a credit card. It may take several months. Only then can you have money to buy it. But with a credit card, you can own the item immediately and pay it back next month or in installments.

You can participate in various discounts and discounts. You can enjoy various discounts when spending money at merchants that cooperate with the bank. Accumulate good personal credit. Using a credit card for consumption will produce a credit record on your credit report. A good credit record will help you apply for a loan in the future.

The disadvantages of credit cards are developing bad consumption habits. Many people use credit cards too much, and swiping cards will become addictive and lead to blind consumption behavior. Bearing interest charges, credit card cash withdrawal and other functions all charge interest, and overdue interest will also accrue. It affects your credit. When your credit card is overdue, bad records will be uploaded to the credit report, leaving a stain on your credit.