Interest of five ten thousandths per day, with daily interest and monthly compound interest.
If you pay off the bill in full on the final repayment date, you don't need to pay any interest and late fees, and you can also enjoy the interest-free period given by the bank; The bill of the current month has not been paid off in full, and there is no interest-free period. All consumption will be calculated at the rate of five ten thousandths of daily interest from the date of consumption, with daily interest and compound interest every month.
According to the Notice on Issuing the Measures for the Administration of Credit Card Business:
Article 19 Credit card overdraft interest shall be charged at the rate of five ten thousandths of daily interest within 15 days from the date of signing the contract or the date of bank entry, and at the rate of five ten thousandths of daily interest after 15 days, and at the rate of fifteen thousandths of daily interest after 30 days or when the overdraft amount exceeds the prescribed limit. The overdraft interest is not divided into sections, and the interest is calculated according to the highest interest rate grade or the highest overdraft amount.
Extended data:
According to the Notice on Issuing the Measures for the Administration of Credit Card Business:
Article 37 After the cardholder has paid off the overdraft principal and interest, he may cancel the account under any of the following circumstances:
(a) 45 days after the expiration of the credit card, the cardholder has not replaced the new card;
(two) 45 days after the loss of the credit card, there is no supplementary card and no new card has been replaced;
(3) The credit card was withdrawn by the issuing bank for 45 days due to its bad reputation and was included in the stop payment list;
(four) the cardholder died for some reason, and the issuing bank has recovered his credit card for 45 days;
(five) the cardholder requests the cancellation of the account or the guarantor to cancel the guarantee, and has returned all the credit cards for 45 days;
(6) The credit card account has not been traded for more than two years (inclusive);
(seven) the cardholder violates other regulations, and the issuing bank thinks that his qualification should be cancelled.
Article 38 The issuing bank shall withdraw the credit card when canceling the account. If the valid card cannot be recovered, the payment should be stopped.
When the account is closed, the balance of the company card account is transferred to basic account, and cash cannot be withdrawn.
Article 39 If a credit card is lost or stolen, the cardholder shall immediately apply to the nearest card-issuing bank or correspondent bank with his/her ID card or other valid documents, and provide relevant information in accordance with regulations to handle the loss reporting procedures.
Fortieth, if a cardholder finds his credit card after applying for loss reporting, he can apply for cancellation of loss reporting and stop payment.
Forty-first cardholders can use credit cards to shop in special units. The unit card shall not be used to settle commodity transactions and labor supply funds of more than 654.38+10,000 yuan.
Forty-second cardholders are required to submit their credit cards and ID cards to the agents of special units when shopping with their cards. IC cards and photo cards are exempt from ID cards.
Article 43 When accepting credit cards, the handling personnel of special units shall review the following contents:
(a) It is indeed an acceptable credit card for the company;
(two) the credit card is not included in the "stop payment list" within the validity period;
(3) There is no "sample card" or "special card" on the signature strip;
(4) The credit card has no traces of punching, cutting corners, destroying or altering;
(5) The photo on the cardholder's ID card or card is consistent with that of the cardholder;
(6) The pinyin name on the front of the card is consistent with the signature on the back of the card and the name on the ID card.
Forty-fourth after accepting the credit card review, the special unit should fill in the actual settlement amount, purpose, cardholder ID number, special unit name and number according to the purchase order on the card. If the payment limit is exceeded, you should claim the rights from the issuing bank, fill in the authorization number and submit it to the cardholder for signature and confirmation. At the same time, check whether the signature is consistent with the signature on the back of the card. Return the credit card, ID card and the first shopping list to the cardholder.
If problems are found in the review, they should contact the signing bank in time to seek treatment advice. The credit card that has been stopped should be recovered and returned to the issuing bank.
Article 45 At the end of each business day, the special unit shall summarize the credit card purchase orders accepted on that day, calculate the handling fee and net amount, fill in the remittance (general) order and the bill of entry, and send them to the receiving bank for entry together with the purchase order.
Article 46 If the cardholder requests a return, the special unit shall use the return slip to press (swipe) the card, deduct the amount of the return slip from the accumulated amount of the purchase slip signed on the same day, and send the return slip together with the purchase slip to the receiving bank.
Article 47 After receiving all kinds of documents sent by the special unit, the acquirer shall, after examination, enter the accounts for the special unit and settle the funds with the issuing bank.
Article 48 The issuing bank (or correspondent bank) shall handle the payment procedures for the cardholder after receiving all kinds of documents transmitted by the acquirer through the same city bill exchange or through this system.
Forty-ninth cardholders in different places with the card through the bank to the payee, the bank should be handled in accordance with the relevant provisions of the special unit.
Baidu Encyclopedia-Notice on Printing and Distributing the Measures for the Administration of Credit Card Business
How to calculate the overdue interest of credit card?
1. How to calculate the interest after the credit card is overdue?
If the credit card is overdue, the interest will be divided into two situations:
1. Generally, the overdue interest of bank credit cards is 0.5 ‰ per day, and the interest is charged at the rate of 0.5 ‰, and then the compound interest is calculated at the rate of 0.5 ‰ until the cardholder pays it off completely.
2. The overdue part shall bear interest in full and compound interest monthly until the cardholder pays it off. At present, the credit card is overdue, and the bank will pay the agreed interest according to the fact that the cardholder has not paid the minimum repayment amount for 5 months for more than 3 months.
Second, what should I do if my credit card is overdue?
1. Quick remedy for overdue credit cards
(1) If it is overdue, you should call the banking service immediately to explain that it is not malicious arrears, and make up the arrears in time.
(2) Under normal circumstances, banks will have a three-day grace period. Once the cardholder finds that the credit card is overdue, please deal with it immediately to avoid leaving a bad record.
2. How to deal with bad records?
(1) If the cardholder leaves a bad record in the bank, don't rush to cancel the card after paying off the arrears and explaining the situation. Once the card is cancelled, the personal credit record cannot be updated, and the bad record will always be recorded in the bank, causing serious consequences.
(2) The correct way is to continue to use this credit card and maintain a good credit record for at least 2 years, which will basically not affect personal mortgage, loan, credit card application and other businesses.
How to calculate the interest on credit card arrears?
1. What is the interest on the credit card debt of 6,543,800 yuan+10,000 yuan?
1. The overdue interest of the credit card is calculated at the rate of five ten thousandths per day. The monthly interest of 65,438+10,000 yuan (calculated by 30 days) is 15 10.9 yuan.
2. Monthly liquidated damages = 100000/ 105%=500 yuan.
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Second, how to deal with overdue credit cards?
1, to avoid the collection from being disconnected.
After the credit card is overdue, the bank will send a text message and call for collection. Cardholders had better not resist. If a bank calls, answer the phone as soon as possible. Don't think that you can't answer the phone after the deadline, or change the number so that the bank can't contact you. In this way, the bank will only think that the cardholder is maliciously evading the debt and will call the cardholder's contact.
2. Make clear the amount of overdue debts.
(1) After the credit card is overdue, there will be penalty interest and liquidated damages. The cardholder should add the principal owed and the interest generated to calculate the actual amount owed, and then see how to repay it according to his income and liabilities.
(2) If the overdue period is less than 3 months and the cardholder can repay the loan easily, he should repay the loan as soon as possible instead of borrowing money from family, relatives and friends.
(3) The interest overdue for more than 3 months is too much to be paid off in one lump sum. Take the initiative to contact the bank to see if it is possible to negotiate repayment, so that interest will not rise again by reducing interest or repaying in installments.
3. Don't cancel the card after paying off the debt.
(1) Don't cancel your credit card easily, regardless of whether it can be used after it is paid off. Once you do this, the overdue records will be frozen, and there will be no new records to cover the bad records. You can't process any credit records until the overdue records are eliminated. If the credit card can be used best after it is overdue, it is necessary to spend more on it and repay it on time to form a good credit record.
(2) If you can't use the card, always pay attention to the debit of the credit card. The annual fee is deducted, so you should repay it in time, not overdue.
3. Can I apply for a bank loan with a credit card overdue record?
1, the credit card is overdue for more than six times in two years, and you cannot apply for provident fund loans.
(1) Personal credit card or loans overdue has been overdue for three consecutive months, or accumulated more than six times in two years, so it is impossible to apply for provident fund loans.
(2) At present, when banks or provident funds handle credit business, they mainly rely on the credit records of lenders in the last two years. Therefore, cardholders who intend to apply for provident fund loans to buy a house should not use credit cards easily, and must ensure timely repayment.
2. Personal credit is not good, and the interest rate of commercial loans should be raised.
(1) If some people want to borrow money to buy a house, their credit cards are overdue for many times, resulting in bad personal credit information. Then you can't apply for a provident fund loan, you can consider using a commercial loan.
(2) However, due to the influence of bad credit records in the past, most banks will raise the benchmark interest rate by a minimum of 10%.
(3) Of course, the bank will not approve your loan application if your overdue is serious and too many times.
I hope the above content can help you. Overdue credit cards will generate overdue interest.
The introduction of how to calculate the outstanding interest of credit card and how to calculate the interest of the minimum repayment amount of credit card 4000 ends here. I wonder if you have found the information you need?