For the minimum repayment of Ping An Credit Card, interest will be calculated from the accounting date, and interest will be calculated at 0.05% of the principal every day, and compound interest will be calculated monthly until all is paid off. .

For example, Xiao Hei has a credit card from Ping An Bank. The billing date of this card is the 5th of every month, and the repayment date is the 23rd of every month. The bill displayed on June 5th is all his transactions from May 5th to June 5th. In this billing month, he only made one transaction of 1,000 yuan on May 30th. And on June 23, he only paid the minimum repayment of 100 yuan. Then the interest will be calculated in stages starting from the accounting date. The interest he will pay on July 5th will be: 1000×0.05%×24 (May 30th to June 22nd) + (1000-100) ×0.05%×13 (June 23 to July 5) = 17.85 yuan.

The minimum payment is the amount you must pay on time before the due date of your bill in order to maintain a good credit card record each month. The minimum repayment amount of Ping An Credit Card is calculated as follows:

1. The minimum repayment amount of the customer’s bill = 100% of the unpaid portion of the previous minimum repayment amount + 100% annual fee + 10% of the transaction principal (consumption + Cash withdrawal) + 10% fee (excluding annual fees, principal and handling fees for each period of installment business).

2. If the customer has paid off the minimum repayment amount on time for one period of the generated bill, the transaction principal and fees will be included in the calculation of the subsequent monthly minimum repayment amount. The calculation will be changed from the original 10% to 5%, thereby further reducing the customer's repayment pressure for each period of bill and facilitating customers' flexible financial management.

3. If you repay in full, ordinary card consumption will not generate interest and you can enjoy interest-free. If you repay the minimum repayment amount, each card consumption during the account period will be charged from the billing date. Interest begins to be calculated, with a daily interest rate of 0.05%, and compound interest is calculated monthly until the day before you pay off the money.

4. It should be noted that the temporary limit increase on a credit card is different from the fixed credit limit on a credit card. The period is generally one month, and the repayment method requires that the occupied temporary limit be paid off in one go on the current repayment date. For example, if the cardholder's fixed credit limit is 20,000 yuan, the temporary limit is increased to 30,000 yuan, and the cardholder spends 28,000 yuan that month, then the minimum repayment amount next month is 10% of 20,000 yuan plus the consumption The temporary quota is 8,000 yuan, and the total limit is 10,000 yuan.