How can I charge interest on the minimum repayment of credit card (debit card) of CITIC Bank?

if you choose the minimum repayment amount of the bill, you can't enjoy the interest-free period. The interest is calculated in two stages:

Stage 1: amount (actual amount of credit card (debit card) × interest rate× time (days from the day when credit card (debit card) is swiped to the day before the minimum repayment amount)

Stage 2: amount (remaining unpaid amount )× interest rate × If the bill settlement interest is less than or equal to .2 yuan, it will be waived; if it is more than .2 yuan and less than 1 yuan, it will be charged according to 1 yuan. The sum of the interest generated in the two stages is the total interest.

Minimum interest of credit card installment of CITIC Bank

If CITIC Credit Card only pays the minimum repayment amount on the repayment date, the interest will be calculated in two stages.

the first stage, from the day of credit card consumption to the day before the minimum repayment, is calculated at the interest rate of five ten thousandths according to the actual amount of credit card; The second stage, from the day of the minimum repayment to the day before the repayment, is calculated at the interest rate of 5/1 according to the amount remaining after the minimum repayment. (If the bill settlement interest does not exceed .2 yuan, it will be waived; if it is more than .2 yuan but less than 1 yuan, it will be charged according to 1 yuan. )

For example, suppose someone's CITIC credit card billing date is the 6th of each month and the repayment date is the 25th of each month.

this user spent 5, yuan on February 1st this year, and kept an account on February 6th. The total amount payable in the current period is 5, yuan. However, if the user only paid the minimum repayment amount of 5 yuan on February 25th, and the remaining amount was not paid off until March 7th, the interest generated would be: 5× .5 %× 24+(5-5 )× .5 %× 11 = 84.75 yuan.

what is the minimum repayment amount of the credit card of China CITIC Bank?

citic's minimum monthly repayment is 5% of the total amount payable on the current bill. After choosing the minimum repayment amount, the daily interest will be .5% from the consumption date, and the repayment will be compounded monthly.

the calculation method is: "1% of the consumption within the credit line+1% of the cash advance transaction+1% of the unpaid minimum amount in the previous period+1% of the consumption exceeding the credit line+1% of the expenses and interest".

Extended information:

CITIC's minimum repayment interest:

The overdue interest of CITIC Bank's credit card is calculated according to the full penalty interest. If you choose to pay the bill with the minimum repayment amount, you can't enjoy the interest-free period. The interest is calculated in two stages:

1. Amount (actual amount of credit card swiping) × interest rate (.5 per day) × time (days from the day of credit card swiping to the day before the minimum repayment amount);

2: amount (remaining unpaid amount) × interest rate (.5 per day )× time (the number of days from the date of minimum repayment to the day before repayment).

if the bill settlement interest is less than or equal to .2 yuan, it will be waived; if it is more than .2 yuan and less than 1 yuan, it will be charged according to 1 yuan. The sum of the interest generated in the two stages is the total interest. If you can't repay on time, you must apply to the bank for delayed repayment.

reference source:

citic bank-credit card repayment

how to calculate the minimum repayment interest of citic credit card

calculation method of the minimum repayment interest of citic credit card: repayment amount × daily interest rate × consumption days+consumption overdraft amount × daily interest rate × consumption overdraft days. According to the daily interest rate of five ten thousandths, it is a cyclic interest. For example, if Ms. Zhang's billing date is the 5th of each month, the due repayment date is the 23rd of each month. On September 5th, CITIC Bank will print the bills due for Ms. Zhang, including all her bills from August 5th to September 5th.

the interest on the minimum repayment of a credit card is calculated at a daily interest rate of .5 ‰, and the minimum repayment amount refers to the minimum monthly repayment amount of the credit card, which is shown on the bill of the credit card in the current month. If you can't pay off in one lump sum, you can pay off the minimum repayment amount on time before the final payment date, which will not affect your personal credit, but you can't enjoy the interest-free repayment period. Interest will be charged on all consumption in the current period from the bookkeeping date.

Examples of revolving interest: If your billing date is 5th of each month and the due repayment date is 23rd of each month; The current bill printed by the bank for you on April 5 includes all your transaction accounts from March 5 to April 5; Suppose you only have one consumption in this bill, the consumption amount is RMB 1, yuan, and the merchant's request time is March 3; Your current bill is printed with the amount payable in this period as RMB 1, and the minimum repayment amount as RMB 1 yuan; Under different circumstances, your circulating interest is as follows: ① If you pay off ￥1, in full before April 23rd, the circulating interest will be in the statement on May 5th; ② If you only pay the minimum repayment amount of ￥1 yuan on April 23rd, the circulating interest on the statement on May 5th will be ￥17.85, which is calculated as follows: 1 yuan ×.5%×24 days (March 3th to April 22nd) +(1-1) ×.5%×13 days (April 22nd).

citic credit card has only paid the minimum repayment amount. how to calculate the interest on the rest?

the remaining interest is charged at the daily interest rate of .5%, which is a cyclic interest.

citic bank's interest calculation method: repayment amount, daily interest rate consumption days+consumption overdraft amount, daily interest rate consumption overdraft days.

for example, suppose Mr. Zhang's billing date is 5th of each month and the due repayment date is 23rd of each month. On September 5th, the bank will print the bill due for Mr. Zhang, including all his transactions from August 5th to September 5th.

One of the items consumed in this month's bill is August 3th, and the consumption amount is RMB 1 yuan; Suppose that Mr. Zhang's bill for the current period is printed as RMB 1 yuan and the minimum repayment amount is 1 yuan.

Before September 23rd, only the minimum repayment amount was paid to 1 yuan. On October 5th, the cyclic interest of Mr. Zhang's statement was: the cyclic interest of CITIC Bank's credit card = 17.4 yuan.

the specific calculation is as follows: 1 × .5 %× 24 days+(1-1) × .5 %× 12 days = 17.4 yuan of revolving interest.

Extended information:

Calculation method of the minimum repayment amount of CITIC Bank:

Minimum repayment amount = all the unpaid part of the minimum repayment amount in the previous period+all the cash transaction amount and related interest expenses+all the money spent beyond the credit limit +1%× non-cash transaction amount is based on the related interest expenses+the amount allocated by +EPP in the current period and related interest expenses.

Reference: What is the minimum repayment amount of CITIC Bank-CITIC Bank credit card?

CITIC Bank spent 16, yuan on its credit card, and what is the interest on the minimum repayment of 8 yuan?

.4 per day. Converted according to the bank rate. The interest on the minimum repayment amount of CITIC Credit Card is calculated at .5 ‰ per day. There is no interest-free period for the minimum repayment amount, and the interest is calculated in two stages:

1. Stage 1: actual amount of credit card swiping × interest rate (.5%)× time (days from the day of credit card swiping to the day before the minimum repayment)

2. Stage 2: remaining unpaid amount × interest rate .5% × time (days from the day before the minimum repayment).

This concludes the introduction of how to calculate the minimum repayment interest of CITIC Credit Card and how to calculate the minimum repayment interest of CITIC Credit Card 35. Did you find the information you need?