Yes, there is no interest-free period for the minimum repayment of credit cards. From the second day of current consumption, the interest will be calculated at the rate of 0.05% per day until it is paid off. I don't think the minimum repayment by credit card is cost-effective. If you need to borrow money, I can recommend the micro-loan I am using to you. Its interest calculation method is very simple. You can borrow it first and then calculate the interest for a few days. It supports paying it back as you borrow it. For example, my daily interest rate on micro-loans is only 0.04%, which is quite cost-effective compared with the minimum repayment amount of credit cards.