1. The 5th of each month is the bookkeeping date, and the 23rd of each month is the due repayment date;
2. The current bill printed by the bank on April 5th includes all trading accounts between March 5th and April 5th;
3. There is only one consumption in this month's billing cycle-March 30th, and the consumption amount is RMB 1000 yuan;
4. The "payable amount in current period" printed on the current bill is 65,438 yuan+0,000 yuan, and the "minimum repayment amount" is 65,438 yuan+0,000 yuan;
5. Under different repayment conditions, the revolving interest is:
(1) If 1000 yuan is fully repaid before April 23rd, the circulating interest in the statement on May 5th is 0 yuan.
(2) If only the minimum repayment amount is 65,438+000 yuan before April 23rd, the cyclic interest on the statement on May 5th = 65,438+07.4 yuan.
The specific calculation is as follows:
1000 yuan X 0.05% X 24 days (March 30th-April 23rd)
+( 1000 yuan-100 yuan) X 0.05% X 12 days (April 23rd to May 5th)
Cyclic interest = 17.4 yuan
Repayment in this period: 1 17.4 yuan.
(3) If the minimum repayment amount is 65,438+000 yuan before May 23rd, the circulating interest on the statement on June 5th =20.2 yuan.
The specific calculation is as follows:
1000 yuan X 0.05% X 30 days (April 24-May 23)
+( 1000 yuan -200 yuan) X 0.05% X 13 days (May 23rd to June 5th).
Cyclic interest = 20.2 yuan
Repayment in this period: 120.2 yuan.
(4) If the minimum repayment amount is 65,438+000 yuan before June 23, the circulating interest on the statement on July 5 = 65,438+09.7 yuan.
The specific calculation is as follows:
1000 yuan X 0.05% X 3 1 day (May 24-June 23)
+( 1000 yuan -300 yuan) X 0.05% X 12 days (June 23rd to July 5th).
Cyclic interest = 19.7 yuan
Repayment in this period: 1 19.7 yuan.
(5) If the minimum repayment amount is 65,438+000 yuan before July 23rd, the circulating interest on the statement on August 5th = 65,438+08.9 yuan.
The specific calculation is as follows:
1000 yuan X 0.05% X 30 days (June 24-July 23)
+( 1000 yuan -400 yuan) X 0.05% X 13 days (July 23rd to August 5th).
The interest calculated by these repayment methods is very different. If you are not careful, you will be in danger of usury. Be sure to remember the billing date and repayment date of the credit card, repay it in time, and develop good credit card usage habits.