If you choose to repay by the minimum repayment amount, all expenses in the bill will be charged with five ten thousandths of interest every day from the date of swiping the card (note that the interest will be calculated from the date of swiping the card, not the date of final repayment).

Calculated according to the interest on the minimum repayment amount of CCB credit card:

The first stage: amount (actual amount of credit card swiping) × interest rate (0.0005 per day )× time (days from the day of credit card swiping to the day before the minimum repayment);

The second stage: amount (remaining unpaid amount) × interest rate (0.0005 per day )× time (days from the date of minimum repayment to the day before repayment).

After the minimum repayment amount is a little more, the interest can be calculated directly according to the remaining unpaid amount in the second stage.

If you choose the minimum repayment method, although it can alleviate the repayment pressure to a certain extent, you will no longer enjoy the interest-free repayment treatment. It is recommended to repay in full as soon as possible to avoid unnecessary expenses.