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Is credit card revolving interest terrible?
1. The revolving interest on credit cards is terrible.

2. Credit card revolving interest refers to the interest generated when the cardholder recycles the credit line, which generally means that the cardholder only pays the minimum repayment amount. In addition, credit card overdraft will also generate interest, and you can't enjoy the interest-free repayment period.

3. If the current bill is not fully paid off on time, it will be regarded as using revolving credit, and all consumption in the current period will be charged with interest from the bookkeeping date (usually the day after consumption), with a daily interest rate of five ten thousandths until it is fully paid off.