If the credit card overdraws 10000 yuan, then according to the calculation formula of the minimum repayment amount, the minimum repayment amount is 1000 yuan plus the interest generated on the repayment date.

The calculation method of the minimum repayment amount is as follows: the minimum repayment amount is equal to 10% of all general transactions in the credit card account, plus 100% of all outstanding installment transactions in the account, plus 100% of the outstanding minimum repayment amount in the previous period, plus 100% of all funds used in excess of the credit limit of the account, plus This is the minimum repayment amount for each bill.

What needs to be reminded here is that if you choose the minimum repayment amount. You don't enjoy the interest-free period. In this way, it can be worked out. If you overdraw 10000 yuan and the interest rate on the repayment date is 0.05%, then if you only repay 500 yuan interest on the repayment date, you can calculate the minimum repayment amount of the revolving credit fund according to the above equation, and you can accurately get your minimum repayment amount.

Extended data:

Overdue repayment: the consequences of overdue repayment of credit cards are serious, and overdraft consumption should be moderate. Although the biggest feature of credit card is overdraft function, it actually constitutes the loan relationship between customers and banks. Failure to repay at maturity may not only cause legal disputes, but also bear high penalty interest. The most important thing is to form a bad credit record, which will adversely affect future work and life.

Tips: As a new payment method, credit card is also the simplest financial management method for consumers. Although overdraft consumption can reduce the financial pressure of cardholders' daily consumption, cardholders can easily become house slaves if they are not properly managed or have a good concept of financial management.

When the bill pressure is too high, be careful to pay back the card with the card. You can apply to the bank for installment payment or deferred repayment to extend the installment and relieve the pressure. At the same time, you should reflect on whether your consumption pattern is healthy and reasonable in time.

Baidu Encyclopedia _ Minimum repayment amount