The 7th day of each month is the bookkeeping date, and the final repayment date of China Bank Credit Card is 20 days after the bookkeeping date.
Spending RMB 3,000 by credit card on September/KOOC-0/5, and withdrawing RMB 0,000 on September/KOOC-0/7. The bank settled the account on1October 7 10, and the final repayment date was June 27 10. The minimum repayment amount of your bound debit card has been automatically repaid.
The formula for calculating the minimum repayment amount of China Bank: minimum repayment amount = consumption amount within the credit line × 10%+ cash transaction amount in advance × 100%+ unpaid portion of the minimum repayment amount in the previous period × 100%+ consumption amount exceeding the credit line × 100%+ all expenses and interest ×. It is obvious in the formula that the Bank of China stipulates that all the cash withdrawn must be paid off in the current month.
First of all, there is no handling fee for China Bank to withdraw cash by credit card, but because you have already paid the minimum repayment amount, you do not enjoy interest-free treatment for overdraft consumption. You spent 3,000 yuan on September 15, and interest will be calculated from June 16, with the daily interest rate of 0.5 ‰, 1.5 yuan, and the total interest 1.5 yuan. 1000 yuan will be withdrawn on the same day as 17, and interest will be calculated from 18. Calculated in 0.5 yuan every day, the total interest is 0.5 yuan/day *20 days = 10 yuan, 10, and the total repayment is 3000+. The minimum repayment amount = 3000 * 10%+1000+43 =1343 yuan, which must be paid before10/0/27, otherwise it will be recorded in the bad credit record.
Hope to adopt.