1. How much is the interest rate for Bank of China credit card loans?

There is no interest on the debt incurred by credit cards before the repayment date. You only need to repay the loan before the repayment date.

2. Is the interest rate of 3.45 on Bank of China’s credit loan products high?

Answer: Not high. The central bank’s benchmark loan interest rate is as follows:

1. Short-term loan interest rate: The annual interest rate for loans within one year is 4.35.

2. Long-term loan interest rate: The annual interest rate for loans from one to five years is 4.75, and the annual interest rate for loans over five years is 4.90.

3. What is the credit loan interest rate of China Guangfa Bank?

The credit loan interest rate of China Guangfa Bank is not uniform. Usually, Guangfa Bank will make a certain proportion of upward adjustment on the central bank’s commercial loan benchmark interest rate. , to give the borrower’s specific interest rate. Factors that affect interest rates include: borrower’s personal qualifications, loan product type, loan term, etc.

Currently, the central bank’s benchmark interest rate for commercial loans is:

1. The loan period is within one year (including one year), and the interest rate is 4.35;

2. The loan period is one to five years (inclusive), and the interest rate is 4.75;

3. The loan period is more than five years, and the interest rate is 4.90.

4. What is the interest rate of Bank of China’s credit loan?

What is the interest rate for personal unsecured credit loans? There are two main formal channels for personal unsecured credit loans: banks and companies. The loan interest rates of banks are lower than those of companies. Take Standard Chartered Bank’s Xiandaipai unsecured personal loan as an example. The monthly interest rate for Xiandaipai’s unsecured personal loan is 1.75-2.05. Depending on the customer's qualifications, Standard Chartered Bank can provide corresponding interest rate discounts, and the lowest monthly interest rate can be as low as 1.35. Standard Chartered charges a monthly account management fee of 0.49. Citibank's Xingfu Shidai unsecured credit loan interest rate is based on the annual interest rate of 8.8, which fluctuates up to 15%. The loan interest rate execution range is roughly between 7 and 10. Similarly, Citibank will also charge an account management fee of 0.49. The company's interest rate generally rises to the top of the base interest rate, which is 4 times the base interest rate. For example, the one-year base interest rate is 6.00, which is increased by 4 times or 24. When applying for a personal unsecured credit loan in Shanghai, you must go through formal channels, and do not pay any fees to the other party before borrowing.