Doesn’t count. The minimum repayment of a credit card is not considered overdue. The minimum repayment of a credit card is the minimum amount stipulated by the bank that you must repay before the monthly payment due date. You may not repay the full amount but the repayment amount of each period must be greater than the minimum repayment. Amount, which is your basic repayment requirement to maintain a good credit record. If you choose the minimum repayment and are unable to enjoy the interest-free repayment period, all purchases in the current period will accrue interest from the recording date (usually the second day after consumption), with a daily interest rate of 0.05% until you pay it off in full. If you repay the current payment amount stated on the bill in full before the payment due date, you will enjoy the interest-free period for your consumption payments. You can choose the repayment method based on your specific circumstances. Minimum repayment amount = 10 cash advance principal, 10 non-cash advance transaction principal, 100 fees, 100 interest, 100 excess consumption amount, 100% of the unpaid portion of the minimum repayment amount of the previous period, 100% of the single installment amount. Please refer to the minimum repayment amount listed in the bill.

However, when using the minimum repayment, all consumption in the current period of the bill cannot enjoy the interest-free period. All consumption will be charged interest from the consumption date until the cardholder pays off all outstanding balances. This is The interest calculation method will cause the cardholder to pay more interest, so this repayment method should be used with caution.

Using the minimum repayment of a credit card will also occupy the credit limit of the credit card. After the user repays one installment, part of the credit limit will be restored. The credit card limit will not be restored until the cardholder has paid off all outstanding balances. Generally, you cannot purchase large amounts of goods when the credit limit is occupied, which is quite disadvantageous for cardholders.

In addition to the minimum credit card repayment, users can also use installment repayment. When repaying in installments, they can choose a suitable number of installments based on their monthly income. However, the handling fees paid for different installments are different. However, you can repay in advance when you have sufficient funds, and the handling fees already collected will not be refunded.

Using the minimum payment when repaying a credit card is usually caused by excessive consumption by the cardholder. At this time, in order to avoid more repayments in the future, the cardholder should reduce the number of times he uses the credit card. . At the same time, find ways to earn more income so that you can pay off the debts as soon as possible.