900

1. Minimum repayment amount = 10% of the unpaid consumption amount within the credit limit + 100% of the cash advance transaction amount + the unpaid part of the previous minimum repayment amount 100% + 100% of consumption exceeding the credit limit + 100% of fees and interest 2. The advantage of the minimum repayment amount is that it allows cardholders to conveniently avoid overdue payments and relieve temporary financial pressure, while the disadvantages are Interest will accrue every day. The rate is 0.05%. If you repay according to the minimum repayment amount, there is no interest-free period. It will be calculated from the time the consumption is credited to the account. Every day An interest of 0.05% will be charged, and compound interest will be calculated on a monthly basis. 3. Revolving interest, revolving interest is charged when you use revolving credit to repay, or when you use cash advance, if all is paid off before the due repayment date of the current bill cycle All consumption payments will enjoy an interest-free period and will not generate recurring interest. However, if all of your current bills are not paid off on time, it will be regarded as using revolving credit, and interest will be accrued on all purchases in the current period, which is the day after the purchase. The interest is 0.05% until all is paid off. If you use the function of cash withdrawal, there is no way to enjoy the interest-free period for cash advance. Your interest will be calculated from the day you withdraw the cash. The interest is also 5/10,000, and compound interest is calculated on a monthly basis until it is paid off. Billing date: The card-issuing bank regularly summarizes and settles various transactions and expenses incurred in the cardholder's credit card account in the current period every month, and settles the interest, Calculate the date on which the cardholder should repay the amount for the current period. : 1. Repayment due date: The last date specified by the card issuing bank when the cardholder should repay all the due repayments or the minimum repayment amount. If there is a delay, late payment fees will be charged. 2. Interest-free repayment period: For consumer transactions, the period from the bank accounting date to the due payment date is the interest-free repayment period; during this period, the full payment will be exempted from interest. Interest will be calculated on cash withdrawal transactions starting from the transaction date and does not enjoy interest exemption. 3. Minimum repayment amount: the minimum amount that the cardholder should repay in the current period as stipulated by the card issuing bank. Generally, it is a certain proportion of the accumulated unpaid consumption principal, including all fees. , interest, the amount owed in excess of the credit limit, the principal amount of the cash advance, and the sum of the outstanding portion of the minimum payment on the previous period's bill. 4. Late payment fees (delayed fees): If the actual repayment amount is lower than the minimum repayment amount on the due payment date, late payment fees will be paid for the unpaid portion of the minimum repayment amount. The proportion of late payment fees is uniformly stipulated by the People's Bank of China, which is 5% of the unpaid portion of the minimum repayment amount. 5. Over-limit fee (over-limit fee): According to the relevant regulations of the People's Bank of China, if you use the card in excess of the credit limit, the bank will charge you for exceeding the credit limit. Over-limit fees will be charged for the quota portion. Calculation method: Overage amount = Maximum overage amount within the billing cycle time. Different card issuing banks have different regulations. The longer the grace period, the better it is for consumers. When considering the grace period, you should also understand the card issuing bank’s regulations on the starting date and settlement date