Legal subjectivity:

1. The late payment fee for an overdue credit card is: 5% of the minimum repayment amount that cannot be paid off. 2. Credit card overdue interest calculation formula: Credit card overdue interest = last month’s consumption * number of overdue days * 0.0005. There are three numbers in the above credit card overdue interest calculation formula, namely the overdue amount, the number of overdue days and the daily interest rate. The meanings of these three numbers are introduced below. 1. One thing you need to pay special attention to is the amount of consumption last month. The amount calculated for overdue credit cards is not the amount owed, but the amount of consumption last month. That is, if you spent 10,000 yuan last month, even if you have repaid 9,999 yuan, then if you owe 1 yuan, the overdue interest on your credit card will be calculated as if you owe 10,000 yuan. Therefore, try not to have an overdue credit card, otherwise, if the consumption amount last month was large, the basis for interest calculation will be too large. 2. Number of days overdue Because credit card overdue interest is calculated on a daily basis, the number of days overdue on a credit card is also important. The number of overdue days refers to the number of days from the billing date to the current billing date. 3. Daily interest rate The daily interest rate for overdue interest on credit cards is uniformly stipulated to be 50,000 per day, which is 0.0005. The law is objective:

Article 22 of the "Bank Card Business Management Measures" The card-issuing bank shall treat the credit card holder's failure to repay the minimum repayment amount and the use of the card in excess of the credit limit according to the minimum repayment amount. Late payment fees and over-limit fees will be charged for 5% of the unpaid portion of the repayment and the portion exceeding the credit limit. Article 23 Compound interest will be charged on credit card overdrafts on a monthly basis, and simple interest will be charged on quasi-credit card overdrafts on a monthly basis. The overdraft interest rate is 0.05% of the daily interest rate, and shall be adjusted based on the interest rate adjustment of the People's Bank of China. Article 676 of the Civil Code: If the borrower fails to repay the loan within the agreed time limit, he shall pay overdue interest in accordance with the agreement or relevant national regulations.