Different banks have different calculation rules for overdue amounts. You should consult the corresponding bank for specific calculation rules.

Take CCB Long Card as an example

If Long Card credit card users fail to repay before the due payment date or the repayment amount is less than the minimum repayment amount, in addition to interest, A late payment fee will also be charged at 5% of the unpaid portion of the minimum repayment amount, with a minimum of 5 yuan or 1 US dollar.

That is to say, as long as the minimum payment amount is paid every month, no late payment fees will be incurred. However, as long as the full payment is not made, interest will still be incurred at a daily interest rate of 0.5%.

Overdraft cash withdrawals (including transfers) will be charged a daily interest rate of 0.05% and a cash withdrawal fee.

The domestic cash withdrawal fee (for RMB accounts) is 0.5% of the cash withdrawal amount, with a minimum charge of 2 yuan and a maximum of 50 yuan.

Extended information:

The concept of overdue repayment

Generally speaking, each bank will charge a certain amount of interest for overdue repayment. Same, usually 0.05% interest. However, the interest accrual date is calculated from the date of consumption, not the date after the final repayment date.

It is recommended that if the entire limit is not met, you can pay the minimum repayment amount first, which will not affect your credit limit. At the same time, there will be a buffer period to facilitate the bank to understand the capital flow of your account in a timely manner. Freeze the account!

When a credit card (credit card) holder chooses the minimum repayment method or uses the card beyond the credit limit approved by the card-issuing bank, he will no longer enjoy the interest-free repayment period and must pay the unpaid portion of the loan. Overdraft interest calculated based on the prescribed interest rate from the bank accounting date.

Reference material: Overdue repayment Baidu Encyclopedia