Minimum repayment service is a kind of revolving credit service basically provided by domestic banks that issue credit cards. The credit limit of a credit card is cyclical. If you use the minimum repayment service and only pay the minimum repayment during the period, then you are using revolving credit.

The minimum repayment amount of CGB credit card refers to paying off the "minimum repayment amount" listed in the current bill before the specified due repayment date. The remaining unpaid amount belongs to the normal credit balance, and there is no need to pay late fees. The normal credit record will not be affected, but the money consumed does not enjoy the interest-free period. The calculation formula of the minimum repayment amount of the credit card of Guangfa Bank is: minimum repayment amount = total amount to be repaid X 10%+ minimum repayment amount not repaid in the previous period. Among them, the standard card, hope card and QQ card of Guangfa Bank: minimum repayment amount = total amount to be repaid X5%+ minimum repayment amount outstanding in the previous period.

It should be reminded that the interest, handling fee, late payment fee and other expenses generated by the current bill of Guangfa Bank's credit card need to be repaid in full, and the minimum repayment function is not available. Please refer to each bill for the specific minimum repayment amount.

As for the remaining amount after the minimum repayment amount, it will enter the next bill, and you can also enjoy the minimum repayment service, that is, you can still repay according to the minimum repayment amount shown on the bill, and the repayment will restore part of the credit line, and the unpaid part will occupy the credit line until it is paid off.