For credit card overdraft consumption transactions, BOC generally provides an interest-free repayment period of 20-50 days. If the credit card is repaid in full before the interest-free repayment period, no overdraft interest will be charged; If the repayment is not made in full before the interest-free repayment period, overdraft interest will be charged according to the actual amount owed and the actual number of days owed from the transaction bookkeeping date, and the overdraft interest rate will be 0.5 ‰ of the daily interest rate, with compound interest calculated on a monthly basis.

The above contents are for your reference. Please refer to the actual business regulations.

How to calculate the credit card handling fee?

Credit card fees are generally divided into cash withdrawal fees and credit card fees. Withdrawal fee: Different banks have different regulations on the withdrawal fee of credit cards. The general withdrawal fee is about 1% of the withdrawal amount, and the minimum and maximum fees will be limited. In order to prevent the cash withdrawal function of credit cards from being used for cash withdrawal, most credit cards will charge cash withdrawal fees, and some special cards will be exempted from handling fees within a certain number of times and amount of cash withdrawal. Credit card handling fee: According to different industries, merchants need to pay different fees to UnionPay. According to the regulations, this fee is paid by the merchant to UnionPay and does not need to be borne by the consumer. The handling fee for POS card swiping belongs to the operating cost of the merchant, which should be borne by the merchant, and consumers can refuse to pay. The first type of merchants include catering, hotels, entertainment, jewelry and gold ornaments, and arts and crafts (the general discount rate is 2%-2.5%); The second type of merchants include real estate, automobile sales and wholesale (the general discount rate is 1%, and you can apply for a single-comparison transaction cap); The third type of merchants include gas stations and supermarkets (the general discount rate is 0.5%-1%); The fourth type of merchants include public hospitals and public schools (generally, the discount rate varies from region to region); The fifth category of merchants includes the general category (the general discount rate is 1%-3%). According to the new standard of credit card fee, the service fee rate of issuing bank is lowered to 0.35% for debit card transaction and 0.45% for credit card transaction. In addition, the network service fee charged by the bank card clearing institution is reduced to no more than 0.065% of the transaction amount, and the card issuer and the acquirer each bear 50%.

: 1. Credit card, also known as debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

2. The credit card stipulated in the relevant laws of China (Interpretation of the Provisions of the NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal? . 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

3. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when spending, and it will be repaid on the bill date. Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

How much do you charge for credit card consumption?

How to charge the handling fee for credit card consumption is as follows:

1. If the cardholder uses his own credit card, the cardholder does not need to pay any handling fee.

2. If the credit card user is a merchant, a handling fee of 0.38% will be paid for spending through China UnionPay Express, mobile APP and third-party channels.

3. If users use credit cards in Shanghai, Shanghai, supermarkets and other places, they need to pay a handling fee of 0.5%.

Generally speaking, credit card consumption procedures only charge merchants, and the charging standards are different in different industries. There is no handling fee for spending by credit card. No matter whether you use a debit card or a credit card, you don't need to pay a handling fee. If the user uses a credit card for overdraft withdrawal or transfer, a certain fee will be charged accordingly.

Provisions on the administration of credit card use

1, 20 1 In April, the People's Bank of China issued the Notice of the People's Bank of China on Credit Card Business, which came into effect on 20 17/. The Notice requires the upper and lower limits of credit card overdraft interest rates to be managed. The upper limit of overdraft interest rate is five ten thousandths of daily interest rate, and the lower limit of overdraft interest rate is 0.7 times of daily interest rate.

2. Mainly based on the following considerations: First, the implementation of step-by-step reform will help card issuers to further accumulate pricing data and experience during the transition period and guide them to improve the credit card interest rate pricing mechanism. Second, the risk control ability and pricing ability of credit cards of various card issuers are uneven. Guiding the upper and lower interest rates will help prevent individual card issuers from blindly reducing prices and fighting price wars, which will lead to unfair competition and excessive borrowing by high-risk customers, thus increasing credit risk and causing local market chaos. Third, under the circumstance that the information disclosure mechanism needs to be strengthened, setting an overdraft interest rate ceiling will help prevent individual card issuers from unreasonably charging excessive interest and protect the legitimate rights and interests of cardholders.

On May 25th, 20021year, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards, which clearly stated that people supported cardholders to request the issuing bank to return the principal and interest of stolen deposits or overdrafts, liquidated damages and compensate for losses based on the legal relationship between debit cards and credit cards; At the same time, it does not support the issuing bank to require credit card holders to repay overdraft principal and interest, liquidated damages, etc.

Operating environment: mobile phone vivoS6, China UnionPay Express v9.0.3.

How to calculate the charge for credit card swiping? How much is the handling fee for 10 thousand deduction

Nowadays, many people use credit cards to spend money in their daily lives, and swiping cards will generate handling fees. Although it is generally borne by merchants, it is best for cardholders to understand how this fee is calculated. Then, how to calculate the handling fee for credit card swiping? How much is the handling fee for 10 thousand deduction? Let's briefly introduce it today.

How to calculate the charge for credit card swiping?

Credit card processing fee is usually the fee paid by the merchant to the bank and the third party, that is, deducted from the cardholder's credit card amount, and the rest is the amount actually received by the merchant. However, some merchants will refuse to swipe their cards unless the cardholder voluntarily bears the handling fee, so it is necessary to understand the charging standard and algorithm of credit card handling fee.

The handling fee for general credit card swiping is determined by the rate and amount of POS card swiping. But the traditional credit card method is different from flash payment. If the card is swiped in the traditional way, such as directly inserting the card into the POS machine, the standard rate will be implemented; Pay by flash credit card. If it exceeds 1000, it will be charged.

Specific calculation formula: credit card handling fee = credit card rate × credit card amount.

How much is the handling fee for 10 thousand deduction?

If the credit card costs 1000 yuan, the card will be swiped in the traditional way, that is, 1000× yuan, and at least 60 yuan's handling fee will be charged.

If you use flash payment to swipe your card, you should directly pay the standard rate 1000 yuan, and at least pay the 60 yuan handling fee. If it is divided into several small amounts of less than 1 ,000 yuan, that is, you can swipe your card 1 time, then the 38 yuan handling fee will be enough.

The above is "How to calculate the credit card handling fee?" How much is the handling fee for 10 thousand deduction? I hope it will help everyone.

How to calculate the charge for credit card swiping?

Nowadays, many people use credit cards to complete transactions in their daily consumption, and it takes a certain handling fee to use credit cards to swipe their cards. However, different industries and different POS machines charge different fees. Generally, there are the following six situations.

Let's take a look!

I. The first case: 0%

(1) If you are a cardholder with normal credit card consumption, you often take your credit card to the store to pay for things, or pay with Alipay, WeChat, JD.COM and other credit cards, so your credit card fee is 0%. Because the real handling fee is paid by the store you consume, and it is paid by the seller behind Alipay, WeChat, Dongdong and other platforms.

(2) If you are a merchant, it means that your qualifications are very good, or you are lucky enough to catch up with the fee reduction activities of banks or tripartite platforms.

Second, the second case: 0.38%

(1) unionpay subsidy.

China UnionPay gives 0.38% preferential subsidy to three transaction methods (namely, small double exemption, China UnionPay Express and QR code payment) with a single amount less than 1 0,000 yuan.

(2) Banks and third-party platforms seize the payment market and subsidize preferential activities, especially in the past two years. However, since the establishment of the network, online and offline charges have become more and more consistent, and the charges for QR code payment are also slowly increasing.

Third, the third case: 0.5%

For large supermarkets, gas stations, electricity, water, electricity and coal payment services, the preferential rate is 7.8 fold of the standard rate. For hospitals, schools, charities and social welfare institutions, the handling fee is fully reduced.

Therefore, if your credit card handling fee is 0.5%, it means that 99% of credit card bills are preferential, even including merchants who are free of charge.

Fourth, the fourth case: 0.55%

Basically, it is the same as 0.5%, but the difference is that the proportion of preferential or reduced merchants is less. The cost increase cycle may be longer.

Verb (abbreviation of verb) Case 5: 0.6%

It's much better than the handling fee of 0.5%-0.55%. Basically, it can be guaranteed that 90% are normal consumers, and there may be some preferential merchants, but the proportion will be very small.

The sixth case: more than 0.65%

Balance the comprehensive interests of card issuers, UnionPay, payment institutions and service providers with the maximum contribution of cardholders.

How to calculate the credit card handling fee of China Merchants Bank?

China Merchants Bank credit card charges are as follows:

1. installment fee of China merchants bank:

Handling fee = consumption amount, handling fee rate and number of stages. The bill is interest-free in installments, and the minimum handling fee for each installment is 5 yuan. The bill is divided into three installments, 0.9% for each installment, 0.75% for each installment, 0.70% for 10, 0.66% for 12, 0.68% for each installment, and 0.64% for each installment.

2. Credit card withdrawal fee of China Merchants Bank:

Domestic cash withdrawal: 65,438+0% of the cash withdrawal amount is charged for each transaction, with a minimum of 65,438+00 yuan for each transaction.

Overseas cash withdrawal: 3% of the cash withdrawal amount is charged for each transaction, with a minimum of $3,30 (American Express Card-Centurion Black Gold Card and American Express Card-Centurion Platinum Card have a minimum of $5,30).

The main features of credit cards:

1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.

2. Credit card has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;

Credit card is a high-tech product integrating financial business and computer technology.

4. Credit cards can reduce the use of cash and currency;

5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;

6. Credit cards can simplify the collection procedures and save social labor;

7. Credit cards can promote commodity sales and social needs.

Main types

According to the different card issuers, it can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

According to the different issuing banks, it can be divided into corporate cards and personal cards.

Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

Gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

Credit cards can be divided into credit cards and debit cards according to different payment methods.

Credit card. That is, when the issuing bank provides bank credit, it overdraws first, and then repays or pays in installments. Most of these cards are used for international circulation. In other words, the way to allow cardholders to pay off their credit card accounts is "consume first, then deposit". At present, most of the cards in circulation in the world are of this kind.

Credit and debit cards. It's a credit card issued by the bank. Deposit first and then spend. When applying for a credit card, the cardholder needs to deposit a certain amount of money in the issuing bank in advance as a backup. The cardholder needs to use the card on the basis of the deposit balance, and generally no overdraft is allowed.

This is the end of the introduction on how to calculate the handling fee for credit card consumption and how much the handling fee for merchants using credit cards is. I wonder if you have found the information you need?