Yes.

Postal Savings Bank of China provides customers with a time-sensitive repayment service. The final grace period for repayment is before 17:00, 4 days after the final repayment date. Please repay according to the current bill amount before this time. And confirm that the repayment has been received, no fees will be incurred, and there will be no overdue records.

If the minimum repayment amount is not paid off in full before that date, it will have a negative impact on your credit record and prevent you from applying for credit cards, loans and other businesses in the future.

< p>If the overdue amount is serious, the bank may freeze your credit card and require you to pay off all outstanding balances at once.

The credit card late payment fee stipulated by the Postal Savings Bank of China refers to the penalty charged because the customer fails to repay the minimum repayment amount in full by the due payment date.

The late payment fee standard is: 5% of the unpaid portion of the minimum repayment amount, with a minimum of 10 yuan.

In addition to late payment fees, interest will also be charged: Interest will be charged at a daily rate of 0.05% from the date of consumption on all purchases on your current bill until repayment.

Extended information:

Consequences of overdue credit cards:

1. Liquidated damages, usually 5% of the unpaid portion of the minimum repayment amount.

2. The interest is high, and the interest is compounded. The interest rate is very scary when the debt is large.

3. Overdue credit records will be stained, resulting in the inability to handle financial needs such as house purchases and loans within the next two years.

4. If the payment is overdue for more than 3 months, and the amount exceeds RMB 10,000, and the bank has failed to pay multiple reminders, you will not only have to bear the repayment, but may also bear criminal liability.

Reference: Baidu Encyclopedia entry--credit card