Minimum repayment amount = 65,438+000% of the unpaid portion of the minimum repayment amount in the previous period+65,438+000% of the over-limit portion+65,438+000% of the amortized funds+65,438+000% of other outstanding consumer funds and cash advances within the credit line+all other payables.

To repay the minimum repayment amount of the current bill, the cardholder will not enjoy the interest-free repayment period, but also pay the cyclic interest, but still maintain a good credit record.

The minimum repayment amount means that customers have to pay at least so much money, otherwise they will be charged liquidated damages, which may be collected by banks and leave a bad record on personal credit.

Extended data:

The credit card of Minsheng Bank is divided into three periods, six periods, nine periods, 12 period, 18 period and 24 periods, and the corresponding installment fee rates are 0.82%, 0.7%, 0.67%, 0.67%, 0.67%, 0.67% and 0.7% respectively.

Credit card handling fee of Minsheng Bank = total installment amount × handling fee rate per installment × number of installments.

China Minsheng Bank-Minimum Repayment