The latest interest rate for bank credit cards in 2020 is 0.05%.

After using a credit card to withdraw cash, the bank will charge cash withdrawal interest on the cash withdrawal part. The daily interest rate is 0.5%. The calculation formula is: cash withdrawal interest = cash withdrawal part * 0.05 * number of days.

Minimum repayment interest:

After applying for the minimum repayment amount, the bank will levy minimum repayment interest on the remaining unpaid portion, and the daily interest rate is also 0.5%. The calculation formula is: minimum repayment interest = minimum repayment part * 0.05 * number of days.