Credit card consumption interest refers to the interest that the cardholder needs to pay if he fails to repay in full in one lump sum before the final repayment date after using the credit card.

1. For example, the cardholder needs to pay a certain amount of overdue repayment interest, and apply for the minimum repayment amount when the repayment cannot be made in full, and withdraw cash by credit card. The charging standards of different banks may be different.

2. Consumer interest refers to the non-cash transaction in which the credit card holder fails to repay all the payable amount before the due repayment date (inclusive) and no longer enjoys the interest-free repayment period. The overdraft interest starts from the billing date of the card issuer to the repayment date, unless otherwise agreed between the cardholder and the card issuer.

1) "Consumer interest" refers to the interest generated by bills that were not paid in full in the previous period. Consumer interest is 5/ 10000 per day, which is common to all banks; When using a credit card, customers will see how many days there are interest-free periods. Everbright has a maximum of 50 days, that is, the customer will repay before the repayment date after spending by credit card; If the customer chooses to repay in full, there will be no interest, that is, the interest-free period will be enjoyed; If the customer fails to repay in full and does not enjoy the interest-free period, he must pay the penalty interest in full, that is, from the date of your consumption to the date of your repayment, he will charge you 5/ 10000 interest every day. This part of interest is called consumer interest.

2) There will be an interest-free period after credit card consumption. If you pay in full before the repayment date, there is no interest. The longest interest-free period for most banks is about 50 days. There is no interest on repayment in installments on time, but there will be a certain handling fee, but there will be interest if it is overdue. During the period from the repayment date to the grace period, if the user fails to pay off the current credit card bill in full, the unpaid part will be charged with interest on a daily basis, which is called credit card consumption interest. It should be noted that the user has not repaid in full, and all consumption in the current period does not enjoy the interest-free period, that is, there is no interest-free period service of 1 day. Therefore, in order to enjoy the interest-free service, users must choose full repayment, and full repayment will not generate any other expenses.

3) Credit cards only charge interest on withdrawals and overdrafts. At present, all banks charge a handling fee for credit card withdrawal, and there is no interest-free period for overdraft withdrawal. In this way, the cardholder not only has to pay a handling fee of tens of yuan, but also pays overdraft interest of 5/ 10000 every day. As for the reason for the handling fee of credit card withdrawal, it is different from the nature of debit card withdrawal. Credit card overdraft has long been a "bank loan, and loans certainly have interest".