If the credit card of CCB customers fails to repay in full after the due date, interest will be charged from the transaction entry date and compound interest will be calculated on a monthly basis. If the repayment amount is lower than the minimum repayment amount, the repayment penalty shall be paid according to a certain proportion of the unpaid part of the minimum repayment amount. If the minimum repayment amount is returned, although interest is charged, there is no penalty for repayment, which can maintain the customer's good credit record.

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

How to calculate the interest on overdue repayment of credit cards in China Bank?

Those who fail to repay in full before the interest-free repayment period will not enjoy the interest-free repayment period, and the overdraft interest calculated according to the actual amount owed and the actual number of days owed will be collected in installments from the transaction accounting date. The overdraft interest rate is five ten thousandths of the daily interest rate, with compound interest calculated on a monthly basis. I suggest you repay the loan as soon as possible to avoid more extra expenses.

The above contents are for your reference. Please refer to the actual business regulations.

How to calculate the interest if the credit card has not been repaid once?

Interest is generally calculated at five ten thousandths of a day.

First, credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is regarded as timely repayment;

1. If it is paid off in full, no cost will be incurred;

2. If the repayment amount is less than the minimum repayment amount stipulated by the bank, it will be deemed overdue, with interest of 0.05%, and the unpaid part of the minimum repayment amount will be subject to a 5% late fee;

3. If the repayment amount is greater than or equal to the minimum repayment amount and less than the full repayment amount, interest shall be paid at 0.05%;

2. Repayment beyond the grace period is deemed overdue: interest is 0.05%, and there is a late fee.

Third, the credit card interest of all banks is the same. Only the minimum repayment amount, overdraft cash withdrawal and overdue repayment will generate interest, with five ten thousandths of a day and compound interest on a monthly basis. Credit card installment has no interest, and the bank charges installment fee. The charging standards of different banks are different, but most banks charge about 0.6% per period.

Credit card interest calculation method:

1, the credit card will have an interest-free period, and if it is repaid before the repayment date, no interest will be generated. If the repayment is made in installments on time, there will be a handling fee, but if it is overdue, it will generate interest (and it is still a high interest rate).

2. The way for banks to charge overdue interest on credit cards is to calculate the total bill of the current month, which is called "full interest", rather than the unpaid amount. Full interest, also known as full penalty interest, refers to the failure to repay in full by the latest repayment date. Even if a penny is missing, the full amount of the current bill is calculated at five ten thousandths of the daily interest rate, and the compound interest is calculated on a monthly basis. It can also be called "rolling interest".

3. Except ICBC, Agricultural Bank of China and Shanghai Pudong Development Bank, all other banks bear full interest, and ICBC is the first bank to cancel the full penalty interest of credit cards.

(1) Pufa

The interest shall be calculated in installments, and the interest shall be 0.5 ‰, and the liquidated damages shall be calculated at 5% of the unpaid minimum repayment amount. If the minimum repayment amount is within 10 yuan, there is no penalty and no upper limit.

(2) Industrial and Commercial Bank of China

Interest shall be charged on the unpaid part. If the minimum repayment amount cannot be repaid before the due repayment date (inclusive), it shall be deemed as overdue, and liquidated damages shall be charged at 5% of the unpaid part of the minimum repayment amount.

(3) Agricultural Bank of China

The interest shall be calculated in installments, with five ten thousandths of interest, liquidated damages, and 5% of the minimum repayment amount outstanding. Credit: As long as the minimum repayment amount is enough, it will not affect the credit rating.

How to calculate the interest on the unpaid part of the credit card?

If the credit card repays the minimum repayment amount, it cannot enjoy the interest-free period. For the unpaid part, interest shall be charged at the rate of 0.5 ‰ per day, and compound interest shall be calculated monthly.

Example of interest: Mr. Chen spent RMB 65,438+0 in March, and received the statement in early April. According to the statement, the balance of the previous bill was 0, and only 10000 yuan was overdrawn in this period. The due repayment date of this period is April 25th, and the repayment amount of this period is 65,438+00,000 yuan, with the minimum repayment amount of 65,438+00,000 yuan.

If Mr. Chen repays 10000 yuan in full before April 25th, there will be no overdraft interest on the statement received in May.

If Mr. Chen fails to repay in full before April 25th, but the repayment amount is higher than the minimum repayment amount: If he repays 9900 yuan on April 20th, the overdraft interest in the statement received in May is 1.55 yuan.

Overdraft interest: (10000-9900) yuan × 0.05 %× 3 1 day (March 3 1 to April 30) = 1.55 yuan.

If Mr. Chen fails to repay the loan in full before April 25th, but the repayment amount is lower than the minimum repayment amount: If he repays 900 yuan on April 20th, in addition to overdraft interest, he will also have to pay a late fee of 5% for the unpaid part of the minimum repayment amount. In May, Mr. Chen received not only overdraft interest, but also late payment fee 5 yuan.

Late payment fee: (1000-900)×5%=5 yuan.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

How to calculate the interest if the credit card is not fully repaid?

If the credit card is not fully repaid, it will generate revolving credit interest. All consumption in the current period begins to bear interest from the bookkeeping date (usually the second day after consumption), and the interest is five ten thousandths of a day until it is fully paid off. If you use the cash advance function, you can't enjoy the interest-free period of the cash advance part. You start to pay interest from the day you withdraw the cash, and the interest is 0.5 ‰ per day, and the compound interest is calculated on a monthly basis until it is paid off.

I. Cyclical interest

1. The so-called revolving interest is charged when you use revolving credit or cash advances. Simply put, it is the interest generated when the minimum repayment amount is paid first when the full repayment cannot be made every month. When you always pay the minimum repayment, it will trigger the cyclic interest.

2. Revolving interest is the interest generated when you can't repay in full. The interest-bearing days are from the bookkeeping date of each account to the repayment date of the account, and the daily interest rate is five ten thousandths. If you use the cash advance function of the credit card, it will also generate cyclic interest. You need to charge interest at the rate of five ten thousandths of a day from the date of withdrawal to the date of settlement, and compound interest on a monthly basis until it is paid off.

Second, how is the revolving interest generated?

Cyclical interest on credit cards is a penalty interest, which generally means that there is no full repayment in a certain month, resulting in a penalty interest on all credit card consumption during the period of paying off all credit lines. In this way, even if the repayment is made in full, there may be penalty interest.

Three, whether the credit card generates cyclic interest should distinguish the following three situations:

1. If all the consumption funds are paid off before the due repayment date of the current billing cycle, credit card consumption can enjoy an interest-free period without generating cyclic interest;

2. If all bills in the current period are not paid off on time, it will be regarded as using revolving credit, and all consumption in the current period will be charged with interest from the bookkeeping date (usually the second day after consumption), with a daily interest rate of 0.5 ‰ until it is fully paid off;

3. If the cash advance function is used, the cash advance will not enjoy the interest-free period, and the interest will be calculated from the date of cash withdrawal, with the daily interest rate of 0.5 ‰, and the compound interest will be calculated monthly until it is paid off.

Credit card repayment problem, how to calculate interest if the loan is not fully repaid before the repayment date?

If it is not paid in full before the repayment date, the interest shall be calculated at the rate of 5/10000 per day.

If you don't pay off all the arrears of the month before the repayment date, and you don't handle the installment, you need to pay a certain interest fee and late payment fee. Interest expenses are generally calculated at five ten thousandths of a day, and late fees or handling fees vary from bank to bank. For example, the credit card of Bank of Communications has a monthly billing date of 10.

If you use a credit card, you can enjoy an interest-free period, the shortest is 20 days, and the longest is 50 days, and there is no charge during the period; If you withdraw cash by credit card, there is no interest-free period. From the date of withdrawal, you will be charged five ten thousandths of interest and handling fee every day.

It should be noted that after the credit card is overdrawn, as long as each bill is paid off before the corresponding repayment date, there will be no interest, but interest will be charged for withdrawing cash in advance.

Extended data:

Consequences of failure to repay in time:

1. All consumption funds will no longer enjoy interest-free repayment, and the bank will calculate interest on a daily basis with the consumption amount as the principal from the date of consumption, with a daily interest rate of 0.5 ‰ and compound interest on a monthly basis;

2. Receive phone calls and letters from banks;

3. Freezing the account and feeding back the arrears records to the People's Bank of China for credit files will affect personal credit;

Bank card clearing institutions shall, in strict accordance with the relevant regulatory provisions on bank card business, further improve the business rules and technical standards of credit card transactions in conjunction with card issuers and acquirers.

All card issuers and acquirers should truly reflect and accurately identify business types such as cash withdrawal, cash transfer and cash recharge, and completely transmit transaction information to ensure the authenticity, integrity, traceability and consistency of transaction information in the payment process, so as to facilitate card issuers to identify and judge risks and ensure the security of credit card transactions.

Credit card overdraft interest rate is subject to upper and lower limit management. The upper limit of overdraft interest rate is five ten thousandths of the daily interest rate and the lower limit is 0.7 times of the daily interest rate. The calculation method of credit card overdraft interest, whether to calculate and pay interest on credit card overpayment and its interest rate standard shall be determined by the card issuer independently.

Measures for the supervision and administration of credit card business of commercial banks Article 57 The issuing bank shall clearly stipulate in the credit card collection contract the specific operation procedures of repaying credit card loans with the relevant assets of the cardholder, and shall not directly offset the credit card receivables with the assets of the cardholder without the authorization of the cardholder.