Hello, original poster--
For international card purchases in the current month, the interest-free repayment period can be up to the 25th of the next month. If you make a purchase on July 31st, it can be extended to Repayment is due on August 25 (interest-free repayment period is 25 days), and consumption incurred on August 1 can be deferred to September 25 (interest-free repayment period is 56 days). In compliance with the above regulations, our bank will not deduct late fees for your overdraft consumption for the month on the 25th.
If you use this card to withdraw cash overdraft, you will be charged an overdraft interest of 0.05% of the overdraft amount every day starting from the day of overdraft, and compound interest will be charged monthly.
If the cardholder has difficulty repaying the amount owed to the bank in full before the end of business on the due repayment date, he can repay according to the minimum repayment amount stipulated by the card issuer. If repayment is made according to the minimum repayment amount, the card issuer will only charge loan interest at a rate of 50,000 per day for the unpaid portion from the bank accounting date to the repayment date, and the loan interest will be compounded on a monthly basis. If you fail to repay the minimum repayment amount before the end of business on the due repayment date, in addition to paying loan interest according to the above interest calculation method, you must also pay a late payment fee of 5% of the unpaid portion of the minimum repayment amount. If you fail to repay the minimum repayment amount in full before the end of business on the due repayment date for more than two consecutive times (inclusive), the card issuer may stop using the card.
If the consumption overdraft is not repaid on the due date, it will no longer be interest-free. Interest will be calculated at a daily interest rate of 5/10,000 from the bank accounting date and will be charged monthly. Compound interest, if you do not repay the minimum payment specified on the bill, you will also need to pay a late payment fee of 5% of the minimum payment.