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What does China Bank's credit card bill mean?
What does China Bank's credit card bill mean?

Credit card bill is the basis for settlement of credit card arrears provided by banks. There is a consumption record in the credit card bill, which records your consumption place, consumption amount and so on in detail. In the bill, the bank will directly list the current repayment amount and the minimum repayment amount. There are two forms of credit card bills: electronic bills and paper bills. Electronic bills generally refer to e-mail, which will be sent directly to your reserved bill receiving mailbox, and paper bills will be sent to your reserved bill receiving address by registered mail, depending on which bill you chose at the beginning.

Here's one more thing. The bill lists the repayment amount and the minimum repayment amount during this period. Do you know what this minimum repayment amount means?

The minimum repayment amount means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables.

Minimum repayment amount = 65,438+00% of the consumption amount within the credit line (65,438+00% for most banks and 5% for individual banks)+65,438+000% of the cash advance transaction amount+65,438+000% of the previous minimum repayment amount+65,438+000% of the outstanding credit line.