Credit card liquidated damages are generally charged based on 5% of the unpaid portion of the minimum credit card repayment amount. The minimum repayment amount for a 50,000 credit card bill is 5,000 yuan, and the liquidated damages are 5,000*5=250 yuan. Credit card penalty is a one-time charge and is non-refundable once collected.

In addition, overdue credit cards will also charge interest in addition to liquidated damages. After the overdue period, you will no longer enjoy the interest-free treatment. The system will charge penalty interest at a daily interest rate of 0.05% from the date of overdraft consumption. Interest is compounded monthly until it is paid off.