1. Pay overdue debts first: the repayment order of BOC's credit cards is sorted by repayment time. First, credit is granted to overdue debts to ensure that overdue expenses are paid off in time;
2. The unrecorded consumption amount: Next, the China Bank Credit Card will deduct the unrecorded consumption amount one by one according to the time sequence of the transaction to ensure that the repayment amount can offset the amount to be repaid as soon as possible;
3. Finally, pay other expenses: The last step is to repay other expenses in the account, such as cash withdrawal fee and late payment fee.
To sum up, the order of credit card repayment in China Bank is: first repay overdue debts, then the unrecorded consumption amount, and finally repay other expenses.
Extended data:
The credit card repayment order of China Bank is formulated by the bank to ensure the timeliness and fairness of customers' repayment. The setting of repayment order is determined according to the priority of transaction time and amount. Paying off overdue debts first can avoid overdue fees and protect customers' credit records. Secondly, repayment according to the time sequence of consumption amount can ensure that the amount to be repaid can be offset in time and reduce interest expenses. Finally, finally paying off other expenses can ensure that the main consumption amount is repaid first and avoid the accumulation of expenses.
Generally speaking, the setting of credit card repayment order of BOC is fair to customers, which helps customers to manage their credit card accounts and avoid overdue and unnecessary expenses.
Note: The above repayment order may be different from the specific policy of China Bank's credit card, which is subject to the official regulations published by China Bank.