The penalties are as follows:

Minsheng Bank issued the Minsheng Tongbao Card, charged high interest that exceeded the legal loan interest rate, and did not give a transition period. It directly blocked the card and forced installments, and charged installments. Handling fee.

Minsheng Bank issued Tongbao Platinum Credit Card in violation of regulations. The Platinum Credit Card has no interest-free period, causing the complainant to lose more than 57,000 yuan.