1. Calculation method of cyclic interest: When repayment is not made in full and on time, Ping An Bank will carry out interest calculation by installments, and interest will be calculated from five ten thousandths of each transaction in the bill every day until the transaction is paid off.
2. Provisions on collection of late fees: The minimum standard for our bank to collect late fees is RMB 20 or USD 3. When the overdraft principal you fail to repay on time does not exceed RMB 20 or USD 3, a late fee will be charged according to the overdraft principal; When the overdraft principal exceeds 20 yuan, a late payment fee of 5% of the unpaid part of the minimum repayment amount will be charged, with a minimum of RMB 20 or USD 3.
If you encounter any questions about credit cards next time, you can also ask Xiao An on WeChat.
Please pay attention to the official WeChat /youhuihuodong/weixin.shtml of Ping An Bank Credit Card and experience a different "Ping An Micro Life". Ann looks forward to your question.