I. Withdrawal Amount
Generally, the cash withdrawal amount is half of the credit limit, which mainly refers to cash withdrawal at ATM machines, which is different from consumption.
Available quota
Available credit limit refers to the unused credit limit in the credit card.
The calculation method is as follows:
Credit loan line
(Less) Outstanding paid amount
(Less) Cumulative amount used but not recorded.
(equal to) available quota
For example, if the credit line is 20,000 yuan, the unpaid amount is 654.38+0,000 yuan, and the used unrecorded amount is 4,000 yuan, the available credit line is 6,000 yuan.
Note: The available amount will decrease with each consumption and recover with each repayment.
Note: The amount of outstanding bills refers to the amount of credit card transactions that have been booked but not returned;
The accumulated amount used but not accounted for refers to the amount of credit card transactions that have occurred but not accounted for.
Second, the handling fee and related interest.
1, the handling fee is generally different according to the cash withdrawal amount, with the lowest 30 yuan. Interest shall be paid at the rate of 0.5 ‰ per day and compounded monthly.
2. Relevant explanations
Minimum repayment amount
The minimum repayment amount refers to the minimum amount that needs to be repaid when using revolving credit, and the minimum repayment amount is listed on the current bill.
Revolving credit rate
The interest rate of revolving credit shall be uniformly stipulated by the People's Bank of China, and the daily interest rate shall be 0.5 ‰, with monthly compound interest.
fine
If the actual repayment amount is lower than the minimum repayment amount on the due repayment date, the unpaid part of the minimum repayment amount will be charged as liquidated damages. The proportion of liquidated damages shall be uniformly stipulated by the People's Bank of China, which is 5% of the outstanding minimum repayment amount.
. Minimum charge for RMB account by credit card center 10 yuan.
Note: ATM cash withdrawal is not cost-effective. If you withdraw it, it is recommended to return it in time, otherwise the interest will be higher and cumulative.
Reference: Bank of Beijing official