Legal Subjectivity:

Credit card payments on time each month generally do not accrue interest. If the cardholder repays the credit card bill in full each month and does not withdraw cash, no interest will accrue. If the cardholder uses a credit card and the bill is in installments, cash withdrawals, etc., different interest and handling fees will be incurred. Regarding the question of whether there is interest for monthly repayments of credit cards on time, the editor of the website will answer it in detail for you below. 1. Is there any interest for credit card repayments on time every month? Credit card repayments on time every month generally do not accrue interest. If the cardholder repays the credit card bill in full each month and does not withdraw cash, no interest will accrue. If the cardholder uses a credit card and the bill is in installments, cash withdrawals, etc., different interest and handling fees will be incurred. The longer the installment period, the more interest charges will be incurred. If the cardholder uses a credit card to cash in, certain handling fees will be incurred, and the handling fee ratio charged by each bank is different. 2. What to do if your credit card is overdue 1. Continue to use the card and cover the previous overdue record with a good repayment record. After a credit card is overdue, a new credit record will generally be generated 24 months later. Use a good repayment record to overwrite the previous overdue record, so that personal credit, etc., will not be affected after the record is refreshed. 2. Never leave it alone. If you are overdue for a long time, your credit card will charge compound interest and there will be high late payment fees. If you ignore it, the bank will consider it a malicious overdraft and will call the police. 3. It is best to repay the loan in full and explain it after the due date. Sometimes you forget to repay due to carelessness. When you find that it is overdue, you must repay in full as soon as possible, preferably in full, because after repaying in full, you have the best chance of winning if you call the bank to explain that the debt is not malicious and request to eliminate the overdue record. Having a credit card eliminates the need to pay cash and avoid certain risks. For overdue credit cards, if the amount owed reaches more than 10,000 and is not returned for more than 3 months after two collections by the card-issuing bank, it should be deemed as a violation of the Criminal Law. "Malicious overdraft" is suspected of credit card fraud. The above is the relevant content compiled by the editor. Credit card repayments on time every month generally do not accrue interest. If the cardholder repays the credit card bill in full each month and does not withdraw cash, no interest will accrue. The longer the installment period, the more interest charges will be incurred. If you have any other needs, please go online for one-to-one legal consultation. The law is objective:

Article 17 of the "Credit Card Business Management Measures" allows cardholders to make overdrafts for consumption purposes within the limit and period specified in these Measures. The overdraft limit is 10,000 yuan for gold cards and 10,000 yuan for ordinary cards. Card 5,000 yuan. ‖Article 18 The maximum overdraft period of a credit card is 60 days. ‖Article 19: Credit card overdraft interest will be calculated at a daily interest rate of 0.05% within 15 days from the date of signature or bank accounting, and a daily interest rate of 10% for more than 15 days. If it exceeds 30 days or the overdraft amount exceeds the prescribed limit, , calculated based on daily interest rate of 15%. Overdraft interest is not calculated in stages, but is calculated based on the highest interest rate bracket for the final term or the maximum overdraft amount. Article 196 of the "Criminal Law of the People's Republic of China" "Regulations of the Supreme People's Procuratorate and the Ministry of Public Security on the Standards for Filing and Prosecution of Criminal Cases under the Jurisdiction of Public Security Organs (2)" Article 54 "The Supreme People's Court, the Supreme People's Court Article 5 of the People's Procuratorate's Interpretation on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Obstructing Credit Card Management