It took me four months to repay the 4000 credit card loan of China Merchants Bank. How much interest is needed during the period? Only a part can be paid back in a few months, so the interest will be more in these months. Hello, if you don't repay in full by installments, you can only calculate according to the minimum repayment amount, which will generate cyclic interest. All consumption in the current period starts to bear interest from the bookkeeping date (usually the day after consumption), and the daily interest rate is five ten thousandths until you pay it off in full. ?

The calculation of cyclic interest involves the time of single consumption, bill date, repayment date, repayment amount and other factors, and the calculation is complicated, and there may be errors in manual calculation. Please refer to the amount of the bill.

Examples of revolving interest:

● If your bookkeeping date is 5th of each month, the due repayment date is 23rd of each month;

● The current bill printed by the bank for you on April 5th, including all your trading accounts from March 5th to April 5th;

● Suppose there is only one consumption in your current bill, the consumption amount is 65,438 yuan+0,000 yuan, and the time for merchants to apply for payment is March 30th;

● Your current bill printed "Current Payable Amount" is 65,438 yuan+0,000 yuan, and "Minimum Repayment Amount" is 65,438 yuan+0,000 yuan;

● Under different circumstances, your circulating interest is as follows: ① If you pay off ￥ 65,438+0,000 in full before April 23rd, the circulating interest in the statement on May 5th is 0; ② If only the minimum repayment amount is 65,438+000 yuan on April 23rd, the cyclic interest on the statement on May 5th is 65,438+07.85 yuan, and the specific calculation is as follows: 65,438+0,000× 0.05 %× 24 days (from March 30th to April 22nd)+(654,300).

You can try the bill installment, and the minimum repayment is cost-effective. Please click:/financing/bill.aspx.

If you have any questions, you can add QQ Customer Service 4008205555 or WeChat WeChat official account "China Merchants Bank Credit Card Center" for detailed consultation.