The exercise of the right of offset by a credit card means that if I have a deposit in a savings card of "a certain bank", the bank has the right to use the deposit to repay the credit card debt. The bank exercises the right of offset because the credit card has been overdue for a long time and the person has deposits in the bank's savings card. The bank will have the right to use the deposit to repay the credit card debt; if the person claiming to exercise the right of offset during the execution procedure shall It is the most basic requirement to exercise the right of set-off in the execution proceedings before the conclusion of the execution proceedings. The right of set-off is a formation right in nature, that is, it can be established based on the expression of intention of one party. But it exists subordinate to the creditor's rights. Therefore, the status and existence of the creditor's rights determine whether the right of offset exists and whether it can be exercised. The solution is to pay off the minimum credit card repayment in a timely manner every month.

CCB credit card interest:

1. During the interest-free repayment period: The interest-free repayment period refers to the interest-free payment period for consumption transactions enjoyed by cardholders who repay in full on time. During the interest-free period, the interest-free period starts from the bank accounting date to the repayment date, with a minimum of 20 days and a maximum of 50 days. Overdraft cash withdrawal transactions do not enjoy the interest-free repayment period. Tip: If you do not repay in full before the due payment date, you will not enjoy the interest-free period. China Construction Bank will charge interest at a daily rate of 5/10,000 and compound interest on a monthly basis. The interest accrual date is from the date of consumption to the repayment date, and the interest accrual principal is calculated based on the actual amount payable.

2. If you fail to repay before the repayment due date or the repayment amount is less than the minimum repayment amount, China Construction Bank will not only charge interest according to regulations, but also charge the minimum repayment amount. A late payment fee of 5% is charged. Calculation example: Assume that your bill date is the 17th of a certain month, and the repayment due date (taking 30 days in a month as an example) is the 17th of the next month (if the month has 31 days, it will be the 16th of the next month). Monthly calculation is based on this). If you spend 10,000 yuan on April 15th, and the consumption amount is credited to your account on that day, the bank accounting date will be April 15th, because your bill date is April 17th, and the payment is due on April 17th. The payment date is 20 days after the bill date, which is May 7, and the longest interest-free period for this consumption is 23 days; if you spend 10,000 yuan on April 18, and the consumption amount is recorded in your account on the same day account, the bank accounting date is April 18th. Since the consumption payment should be issued on the billing date of May 17th, there are 50 days before the due date of repayment on June 6th, so the longest consumption period is The interest-free period is 50 days.

3. Within the recycling period: Revolving credit generally means that the credit limit of a credit card can be recycled. As long as the customer can repay the credit limit in time (including repayment according to the minimum repayment method) after each use, it can be used repeatedly and there is no need to apply before each use. Revolving credit is the inherent attribute and main function of credit cards, which brings convenience to cardholders. Calculation of interest on revolving credit: Each consumption amount in the previous period's statement is the interest-bearing principal, and the number of interest-bearing days is from the date when the account is recorded to the date when the account is paid off; the interest rate for revolving credit is determined by the People's Bank of China According to unified regulations, the daily interest rate is 0.05%, and compound interest is calculated on a monthly basis. Interest on the revolving credit will be stated on your next bill.

Legal Basis

"Regulations on the Administration of the Credit Reporting Industry"

Article 14 prohibits credit reporting agencies from collecting personal religious beliefs, genes, fingerprints, blood types, Disease and medical history information and other personal information prohibited from collection by laws and administrative regulations.

Credit reporting agencies are not allowed to collect personal income, deposits, securities, commercial insurance, real estate information and tax amount information. However, this is an exception unless the credit reporting agency clearly informs the information subject of the possible adverse consequences of providing the information and obtains its written consent.