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How to calculate the annualized interest rate of CCB credit card interest rate of 0.53 years?
If the credit card holder of CCB fails to repay all the repayable amount before the due repayment date (inclusive), he can repay it at any amount not lower than the minimum repayment amount, but the repayable consumer transaction money no longer enjoys the interest-free repayment period. Cardholders who borrow cash in advance do not enjoy interest-free repayment period. For the transaction money that the cardholder does not meet the interest-free conditions, CCB will calculate the interest from the bank bookkeeping date and compound the interest monthly. Unless otherwise specified, the daily interest rate standard defaults to five ten thousandths. If there is any adjustment, the upper limit of the daily interest rate is five ten thousandths, and the lower limit is 0.7 times of five ten thousandths (the upper limit is 18.25%, and the lower limit is 0.7 times of 18.25%, that is, 12.775%, and the conversion formula is annualized interest rate = daily interest rate. If there is any change in the relevant provisions of the People's Bank of China, such provisions shall prevail. Please refer to the actual interest listed on the bill.

(In case of business changes, please refer to the actual situation. )

May 2022 Answer-65438+June

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How to calculate interest on CCB credit card?

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How to calculate the credit card interest of CCB?

If the landlord repays according to the minimum repayment amount in the bill, personal credit will not be affected, but the consumption part of the credit card does not enjoy the interest-free period. From the day when the landlord swipes the card, he will charge five ten thousandths of interest every day until the landlord pays it back. Simply do a calculation for the landlord. Suppose the billing date of the landlord is the 5th of each month, and the due repayment date is 20 days after the billing date, that is, 2800 yuan is swiped on the 25th of each month, and there is no other transaction in the card after that. Five-fifths of the bill has been settled, and the total bill is 2800 yuan. At this time, the minimum repayment amount is 10% of accumulated unpaid consumption, which is 280 yuan. On the due repayment date of 5/25, the landlord will return 6/5 of the bill 280 yuan, with the total bill = unpaid amount of the previous bill+consumer interest =2800-280+2800*0.05%*30. A total of 30 days) +(2800-280)*0.05%* 10 (due to the repayment of 280 yuan on 5/25, the interest-bearing principal of the consumption part is 2420 yuan, and the interest-bearing time is 5/26-6/5, a total of 10 days) = 2420+42+. It depends on the date when the landlord actually uses the card and the date of the bill. If the landlord can't repay these payments in a short time, it is suggested that the bank bill can be phased, and the relative handling fee will be less than the interest. Let's take the bill of 12 as an example. Continue the above example: the total amount of the 6/5 bill of the landlord is 2474.6. Since the maximum application amount for bill installment is 90% of the credit card transaction in the bill, the maximum amount that the landlord can apply for is 2268 yuan (2520 * 90%), which is divided into 12 installments. The landlord can look at the picture (applicable before June 30). The principal of each installment is 2268. The handling fee for each period is =2268*0.54%= 12.24 yuan, and the total handling fee is12 *12.24 =146.96, and the repayment amount for each period is = 189+. And if the landlord repays according to the minimum repayment amount, the daily interest will be 0.05%, 30 days 0. 15%, and one year 18%, which will be much higher than handling the installment bill. If the landlord has other questions, you can ask.

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