Paying off the minimum payment on a credit card is not considered overdue.

1. The minimum repayment rate of a credit card is not overdue and does not affect the customer's credit status, but the customer cannot enjoy the interest-free repayment period.

2. The minimum credit card repayment amount is the minimum amount stipulated by the bank that must be repaid before maturity every month. You don’t have to repay the full amount, but the repayment amount in each repayment period must be greater than the minimum repayment amount. The minimum repayment amount is the basic repayment requirement for you to maintain a good credit record.

3. If our credit card has expired, we can go to the nearest local bank branch and negotiate with the credit manager. Of course, if the user wants to negotiate successfully, there must be certain special reasons, such as sudden unemployment, sudden serious illness, natural disasters, etc., so that the negotiation can be successful.

4. Malicious overdraft refers to the cardholder's behavior of overdrafting beyond the prescribed period or within the prescribed period for the purpose of illegal possession, and still not returning the card after being urged by the card-issuing bank.

Credit card consumption is a non-cash transaction payment method. No cash payment is required when purchasing, and payment will be made before the payment date.

Starting from January 1, 2021, credit card companies and cardholders will negotiate credit card overdraft interest rates on their own. The upper and lower limits on credit card overdraft interest rates will be abolished (the previous upper limit was 0.5 times the daily interest rate, and the lower limit was 0.7 times the daily interest rate). On May 25, 2021, the Supreme People's Court issued and implemented the "Regulations of the Supreme People's Court on Several Issues in the Trial of Bank Card Civil Disputes".

The minimum repayment amount refers to the minimum repayment amount stipulated by the card issuer when the cardholder has difficulty repaying the entire due amount on the maturity date (including the maturity date). The minimum payment amount is shown on the current bill. The minimum repayment is 10% of the amount spent and withdrawn plus all other amounts due.

Minimum repayment amount = 10% of the consumption amount within the credit limit, 100% of the cash withdrawal transaction amount, 100% of the unpaid portion of the previous minimum payment amount, 100% of the consumption amount exceeding the credit limit, 100% of the fees and interest (in the formula, Some banks apply a minimum repayment rate of 10% for cash withdrawals).