1. The cash withdrawal limit of Bank of Communications Y-POWER Card is 100 of the credit limit.

The maximum daily limit for credit card cash withdrawals per card is 2,000 yuan, so it takes 8 days to withdraw 15,000 yuan.

The Bank of Communications Y-POWER card cash withdrawal fee is 5 yuan per transaction.

Interest will be accrued on the day of credit card cash withdrawal, at 0.05 per day.

Credit cards earn compound interest on a monthly basis.

2. After spending or withdrawing cash, you must repay no less than the minimum payment amount on the due payment date in order to have a good credit record.

If the repayment is lower than the minimum repayment amount, not only will a bad record be generated, but a late payment fee of 5 yuan (minimum 10 yuan) will be charged for the unpaid portion of the minimum repayment amount.

Bad credit history will affect your application for personal loans and other bank credit cards, and it cannot be canceled after the balance is settled.

3. The cash withdrawal portion of the Bank of Communications credit card can be included in the monthly minimum repayment amount.

The minimum repayment amount will be listed on the current bill, and the calculation formula is:

10 of the consumption amount

(plus) the amount of the cash advance transaction 10

(Add) 100 of the unpaid portion of the previous minimum repayment

(Add) 100 of fees and interest

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(Equal to) Minimum repayment

As long as it is not less than the minimum repayment If you repay the loan in full, you will have a good credit record.

4. Interest calculation method:

Cash withdrawal amount * 0.05 * number of overdraft days = interest

Several cash withdrawals need to be calculated separately because the interest calculation days are different.