1. If the cardholder repays all the repayments before the final repayment date (including that day), the consumer transactions incurred in the current bill shall enjoy the interest-free treatment from the bank bookkeeping date to the final repayment date. The longest interest-free repayment period for credit card consumption transactions is 56 days.

2. When the cardholder chooses the minimum repayment method specified by the issuing bank or overuses the credit line approved by the issuing bank, he will no longer enjoy the interest-free repayment period. Overdraft interest is charged for the repaid part from the bank bookkeeping date to the repayment date, and the value date of the unpaid part is calculated from the bank bookkeeping date. Cardholders who withdraw cash (including non-consumer transfers) do not enjoy interest-free repayment period and minimum repayment amount, and must pay a certain handling fee.

3. If the cardholder fails to repay the minimum repayment amount before the due repayment date, in addition to paying overdraft interest, he shall also pay a late fee calculated according to the unpaid part of the minimum repayment amount.

On the premise that the cardholder actively applies to the bank for opening the over-limit service, in addition to overdraft interest, he should also pay a certain percentage of the over-limit fee beyond the credit limit.

4. The cardholder can choose voluntary repayment or automatic repayment by the issuing bank. The issuing bank shall repay the cardholder in the order of billed and unbilled, and the billed shall be repaid in the order of interest and expenses (annual fee, handling fee, overdue fee, etc.). ), cash advance (including non-consumption transfer) and consumption overdraft. If it is overdue for 1-90 days (inclusive), it shall be repaid in the order of interest receivable or various expenses first and principal later; If the overdue period exceeds 9 1 day, the principal shall be repaid first, and then the interest or various expenses shall be repaid.

5. If the cardholder fails to repay in full before the due repayment date and fails to select the minimum repayment amount of the credit card,

Then the punishment that the cardholder may face:

1. All consumption funds will no longer enjoy interest-free repayment, and the bank will calculate interest on a daily basis with the consumption amount as the principal from the date of consumption, with a daily interest rate of 0.5 ‰ and compound interest on a monthly basis;

2. Receive phone calls and letters from banks;

3. Freeze your account, feed back your arrears record to the People's Bank of China and record it in your credit file, which will affect your personal credit;

If you really don't have enough money to repay in full on the due date, please choose the minimum repayment amount of the credit card. If you repay in this way, you only need to return 10% of the total cost each time, so that although there is no interest-free repayment period, you can avoid personal credit damage.

I'm glad to answer your question. Please keep asking questions if you have any questions.