The minimum repayment amount means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. The minimum repayment amount is listed on the current bill. If you can't repay the overdraft, you can pay the minimum repayment, some banks are 5%, and some banks are 10%. That is to say, if you pay the minimum repayment, there will be no loss to your credit, but if you don't even pay the minimum repayment, it will greatly affect your credit information, and it will be difficult to buy a house loan or apply for a credit card from other banks in the future.

If it is paid in full within the interest-free period (generally about 50 days). It won't generate interest, but it's another matter to withdraw cash instead of swiping it. As far as your example is concerned, less than 100 can't be repaid, but the interest is not the remaining 400, but the interest generated by 500 yuan. For example, if you repay 499, you still have one piece to pay back, and the interest collected is still the interest generated by 500 yuan. This is really unacceptable, but it has been published in the newspaper these two days, and the system is gradually improving, because it is really unreasonable and the interest is high.