The minimum credit card repayment refers to the minimum amount that the user needs to return in this bill. As long as the user returns this amount to the credit card, the repayment this month will not be overdue, and it will not affect the subsequent use of the credit card. There is interest.

1. The minimum repayment amount is generally 10% of the consumption amount and other various payables.

2. Disadvantages of minimum credit card repayment: high interest. As a profit-making institution, banks provide users with minimum repayment services that are not free of charge. Generally speaking, they calculate interest at an interest rate of 0.05% and use compound interest to calculate it; overdraft is excessive. If you choose the minimum repayment method for a long time, the repayment pressure will be reduced, and you will not limit your consumption needs. Therefore, it is easy to form a blind consumption concept, which makes it difficult to extricate yourself from credit cards; and has a bad credit record. If you always choose the minimum repayment, it will easily lead to a situation where you cannot make ends meet. If the capital chain is broken, it is easy to fail to pay the credit card, resulting in overdue payment, leaving a stain on your credit report, affecting future loan applications and card applications; reducing the credit limit and blocking the card. The minimum repayment can also show the cardholder's repayment ability from the side. If the cardholder keeps using this method to repay, the bank will question the cardholder's repayment ability. In order to ensure the safety of funds, the bank may reduce the card limit or even block the card.