For example, Mr. Wang, the cardholder, spent15,000 yuan on his credit card, and the current minimum repayment amount is 1500 yuan. If Mr. Wang only repays 500 yuan to the bank on the due repayment date, the bank will charge a late fee for the part below the minimum repayment amount, that is, 1500 yuan -500 yuan = 1000 yuan, and the late fee amount is 65,438 yuan.
The late payment fee of ICBC credit card refers to the late payment fee for the unpaid part of the minimum repayment amount when the actual repayment amount is lower than the minimum repayment amount on the due repayment date of the credit card.
Extended data:
The minimum repayment amount of ICBC's credit card is the minimum amount that you must repay before the due repayment date every month. You don't have to pay in full, but the repayment amount of each installment must be greater than the minimum repayment amount, which is the basic repayment requirement for maintaining a good credit record.
The minimum repayment amount is calculated as follows:
Minimum repayment amount = 65438+ 00% of credit card spending last month+overdraft withdrawal amount last month+interest generated last month.
For example:
The monthly consumption of this bill is 10000 yuan, so the minimum repayment this time is 1000 yuan * 10%, namely 1000 yuan.
Baidu encyclopedia-credit card late payment fee