The minimum repayment amount means that if the cardholder has difficulty repaying all the amount payable before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the card issuer, but he cannot Enjoy the interest-free repayment period, and the minimum repayment amount is 10% of the consumption amount plus other various payables. The minimum payment is listed on the current bill.

Subtitle answer: If you swipe 1,000 yuan on a billing date, the minimum repayment is 100, and the interest will be calculated from the date you swipe the card (for example, if you spend 1,000 yuan with a card swipe), the interest will be calculated per day. 5 interest until your due bill date. If you repay 100 yuan, interest will be calculated on the remaining 900 yuan and included in the next bill. ?

If your quota is 10,000 yuan, then your available quota next month is 10,000 yuan - 900 yuan (the unpaid portion) = 9,100 yuan?

Extended information:

When a cardholder uses a credit card to make large purchases, the card-issuing bank will pay the merchant a one-time payment for the goods (or services) purchased by the cardholder, and transfer the consumption funds in installments based on the cardholder's application. The cardholder's credit card account is deducted, and the cardholder repays according to the monthly credit amount.

Credit card installments mainly include bill installments and single consumption installments. Banks usually charge corresponding handling fees based on the number of installments. Whether it is bill installment or single consumption installment, the premise is that consumption behavior occurs first, and then the bank sets the installment repayment of the credit loan generated.

There are three repayment methods for credit cards in various banks: full repayment, repayment according to the minimum repayment amount, and installment repayment.

Full repayment and repayment according to the minimum repayment amount are the default repayment methods. Generally, banks will indicate the current bill amount and the minimum repayment amount on the current credit card statement; if the cardholder follows the Repayment of the bill amount is full repayment; if the repayment amount meets the minimum repayment amount but is lower than the bill amount, repayment is based on the minimum repayment amount.

If the amount of credit card consumption is large, the editor recommends that you actually try credit card installment. This method is usually more cost-effective than the minimum repayment amount, especially when banks are doing credit card installment activities. Installment fees are more cost-effective.

In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can apply for a credit card from the card issuing bank. Sometimes, legal persons can also be applicants.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country.

Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.

The application form is accompanied by a credit card use contract. The applicant authorizes the card issuer or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card issuer's privacy protection policy, etc., and must have an application. A person's autograph.

At least the following information should be on the credit card:

Front: name and logo of the issuing bank, credit card number (organization logo) and holographic anti-counterfeiting mark, card number, name in English or Pinyin, activation Date (generally calculated to the month), validity date (generally calculated to the month), the latest issued card is equipped with a chip on the front, and the chip account and the card magnetic stripe account are two relatively independent accounts.

Back: Card magnetic stripe, cardholder signature field (must sign after activation), service hotline number, last four digits of the card number or the entire card number (to prevent fraudulent use), credit card security code (on the credit card On the signature line on the back, there are three digits immediately following the last four digits of the card number, which are used for credit card activation, password management, TV, telephone and online transactions, etc.).

Reference: Baidu Encyclopedia - Credit Card