1. The minimum repayment amount means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can make repayment according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. The minimum repayment amount is listed on the current bill.

2. Full repayment means that the cardholder repays all the payables before the due repayment date (inclusive) and can enjoy the interest-free repayment period for a certain period stipulated by the issuing bank. Generally, the credit card bill will be sent the next day, and the full repayment amount (total repayment amount) of the current bill will be notified by mail or paper bill.

Extended data

After credit card consumption, you will receive an electronic bill or a paper bill from the bank on the account date. There are two quantities, which we should write down. One is the amount payable in this period, and the other is the minimum repayment amount. It will clearly tell you the minimum repayment amount of this bill and the full repayment of this bill, as well as the billing date and repayment date of this bill.

Credit card full repayment is relative to the minimum repayment amount. In fact, this is also a major advantage of credit cards. Once you spend your credit card, which is beyond your repayment range, you can choose the minimum repayment amount, so that your personal credit will not be affected. But that means you can't enjoy interest-free any more.

How to use a credit card

According to the credit status of credit card holders, banks will increase the installment quota of their credit cards to meet the needs of cardholders to buy designated brand cars during the disposal period of designated dealers. Cardholders can repay the car purchase money in monthly installments only by bearing a certain handling fee, which fully reduces the repayment pressure.

Handling fee: You don't need to pay bank loan interest to buy a car by installment with a credit card, but you have to bear a one-time handling fee. Handling fee = installment amount × cardholder's handling fee rate (the handling fee is included in the first month's bill after installment purchase), and the handling fee rate of each bank is different.

Loan Term: Generally, the longest term of car purchase by installment is 24 months.

Down payment: If you buy a car by credit card, you generally need to pay a down payment of not less than 30% of the car price.

Sogou encyclopedia: full repayment

Sogou encyclopedia: minimum repayment amount