If the repayment exceeds the grace period or the repayment amount is lower than the minimum repayment amount stipulated by the bank, it shall be deemed as overdue:

If it is paid off in full, there will be no cost. Credit card repayment period and penalty are as follows;

If the minimum repayment amount is paid, daily interest needs to be calculated, and a late fee of 5% for the unpaid part of the minimum repayment amount is also charged;

Credit cards generally have a grace period of three days after the repayment date, so the interest will be calculated from the bookkeeping date and charged monthly;

The specific daily interest of various credit cards may be different.

Extended data

The consequences of delayed repayment of ABC's credit card are as follows:

1, the repayment is delayed for one or two days. The last repayment date of ABC's credit card will not be repaid, which will generally not affect personal credit information. Banks provide time-sensitive services for cardholders, remind them of repayment by SMS and email at least days before the due repayment date, and provide a grace period of repayment of at least three days.

2. If the minimum repayment amount is not paid, the required interest expense is as follows: 65438+ 00% of the current consumption amount+65438+00% of the current cash withdrawal amount+unpaid amount last month+interest expense this month?

3. If you don't repay in full before the interest-free repayment period, and you don't choose the minimum repayment amount of the Agricultural Bank of China credit card, then the penalty you can face is:

(1), all consumption funds are no longer entitled to 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) Receiving a phone call or letter from the bank;

(3) freezing accounts and feeding back the arrears records to the credit files recorded by the People's Bank of China, which will affect personal credit; If you really don't have enough money to repay in full on the due date, please choose the minimum repayment amount of the credit card. If you repay in this way, you only need to return 10% of the total cost each time, so that although there is no interest-free repayment period, you can avoid personal credit damage.

Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, Bank of Communications, Xingye and Postal Savings Bank have independent credit card accounts and independent bills. After using multiple credit cards, be sure to know the repayment date and billing date of each card, and don't confuse the card number with the repayment amount.

References:

Agricultural Bank of China official website-Repayment

Phoenix Net -20 19 Credit Card Repayment Rules