Interest will be calculated at 0.5% per day from the day of consumption. If you owe 2,000 yuan this month, you spend 200 on the 3rd, 1,000 on the 7th, and 800 on the 10th of this month. You first repay the minimum repayment amount of 200 yuan, then this 200 yuan will offset the 200 yuan consumed on the 3rd day. This 200 yuan does not accrue interest. Your consumption on the 7th and 10th days will accrue interest until it is paid off in full.
1. For example: If you consume 300 yuan on the 3rd, and the minimum repayment amount is not paid off, then the remaining 100 yuan of this consumption will be accrued interest from the 3rd.
2. After paying the minimum repayment amount on a credit card, the remaining unpaid amount can be repaid at any time, but the latest repayment time is the next repayment date. The interest on the minimum credit card repayment amount is calculated based on the daily interest rate of 0.5%. The minimum repayment amount refers to the minimum monthly repayment amount of the credit card shown on the credit card statement of the current month. Credit card repayment means that when the cardholder's credit card consumption reaches the final repayment date, in order to ensure the cardholder's good credit record, the bill consumption funds are returned to the bank. Common repayment methods include in-bank repayment, mobile phone repayment, etc. Repayment, convenience store repayment, online repayment, inter-bank transfer, etc.
1. The interest on the minimum repayment of a credit card is calculated based on the daily interest rate of 0.05%. The minimum repayment amount refers to the minimum monthly repayment amount of the credit card, which is displayed on the credit card statement for the month. If you cannot pay it off in one go, you can pay the minimum payment amount on time before the final payment date. This will not affect your personal credit, but you will not be able to enjoy the interest-free repayment period. Interest will be accrued on all consumption in the current period from the recording date.
The interest is calculated in two situations when paying the minimum repayment amount on a credit card. One case is when the bank repays the minimum repayment amount, and interest is only calculated on the unpaid portion from the bank accounting date to Overdraft interest until the repayment date" such as ICBC, etc.
2. Another situation is that most banks implement "partial arrears, full interest calculation" for repaying the minimum repayment amount, such as China CITIC Bank, etc., and "full interest calculation" means that even if the customer repays part of the amount, the repayment part will not be deducted when calculating the interest, but will be calculated in full. The interest fee is usually calculated based on the daily interest rate of 0.05%. You can always use the minimum repayment. Generally speaking, there are three repayment methods for credit cards, one is full repayment, the second is installment repayment, and the last is minimum repayment.
3. After using a credit card for consumption, a personal bill will be generated, which includes the amount to be repaid and the minimum repayment amount. Many people will choose the minimum repayment because they are short of funds, or even always choose the minimum repayment. . For each bill, the bank will settle a minimum repayment amount (usually 10% of the total bill). If the funds are temporarily unable to be transferred, you can consider changing to this minimum repayment amount first. The bank will not count you after repayment. Being overdue will affect your credit record