The minimum repayment amount of China Bank's credit card means that when it is difficult for the cardholder to repay all the due repayment amount before the due repayment date, he can make repayment according to the minimum repayment amount stipulated by China Bank. Using the minimum repayment amount can alleviate the pressure of credit card repayment without affecting personal credit. However, if you use the minimum repayment amount, you can no longer enjoy the interest-free period.
Calculation of minimum repayment amount of credit card in China Bank;
Minimum repayment amount of China Bank = 10% All general transactions in credit card account+100% All outstanding installment transactions in account+100% Outstanding portion of the minimum repayment amount in the previous period+100% All funds used in excess of the credit line in account+100% expenses.