How is interest calculated for CCB credit cards?

If a CCB credit card holder fails to repay the entire repayment amount before the repayment due date (inclusive), he or she may repay any amount not less than the minimum repayment amount, but The consumption transaction amount in the loan no longer enjoys the interest-free repayment period. Cardholders do not enjoy the interest-free repayment period for cash advance transactions. For cardholders' transactions that do not meet the interest-free conditions, CCB will calculate interest starting from the bank accounting date and collect compound interest on a monthly basis. If not specified otherwise, the daily interest rate standard defaults to 5/10,000. If there is any adjustment, the upper limit of the daily interest rate is 5/10,000 and the lower limit is 0.7 times of 5/10,000 (approximately converted annual interest rate upper limit is 18.25% and the lower limit is 18.25%. 0.7 times of 18.25% is 12.775%. The conversion formula is calculated as annualized interest rate = daily interest rate 365). If the relevant regulations of the People's Bank of China change, the regulations will be followed. Please refer to the bill for actual interest.

(In case of business changes, please refer to the actual situation.)

How is the interest of China Construction Bank credit card calculated?

Interest is generally calculated based on the daily interest rate of 0.05%.

1. First of all, what we need to know is that the interest on the money in this Construction Bank credit card after we transfer the cash is 0.0% according to the daily interest rate. Five is used for calculation. So the daily rate we just talked about, its specific calculation method is this, the interest is equal to the amount transferred out multiplied by our daily interest rate, and then multiplied by the number of days.

Second, what I want you to tell everyone is that after we finish the calculation, in addition to the interest just mentioned, the bank will still charge us certain processing fees. For example, there is a CCB credit card user who transferred 10,000 yuan in cash and used it for about ten days. Then the interest generated by this cash is ten thousand yuan multiplied by 0.05%.

3. The interest and handling fees charged for cash transfer business are the same as those for overdraft withdrawals. Handling fees are charged on a per-transaction basis, which is 1% of the transfer amount, with a minimum of 2 yuan and a maximum of 100 yuan. There is no handling fee when overpayment funds are transferred to the bank's intra-city account. Cash transfers do not enjoy the interest-free repayment treatment. Interest is calculated from the bank accounting date. The interest rate on the base day is 0.05%, and compound interest is calculated monthly.

4. In daily life, if the user is going to transfer cash to the China Construction Bank credit card, then he must have a debit card and a credit card. And the debit card has been opened for online banking. The specific steps are: 1. The cardholder logs in to his or her CCB online banking account and finds the credit card service. 2. Enter your personal information as prompted, where the account number is your credit card, the account password is the credit card consumption_cash withdrawal password, and the additional code is entered as shown in the box on the right. 3. After binding the credit card to online banking, click the "Cash Transfer" option, enter the password, and the operation can be successful.

: CCB Credit Card is a credit card issued by China Construction Bank. All credit cards issued by China Construction Bank are named "Dragon Card", and the types include: Dragon Card Prestigious School Card, Dragon Card Business Card, Dragon Card Car Card, etc.

How to calculate the interest of China Construction Bank Long Card Credit Card

Hello! There is no interest-free period for overdrafting cash with a card. Starting from the day of cash withdrawal, an interest of 0.5% of the cash amount will be charged every day, and a cash withdrawal fee will also be incurred. The fee is 0.5% of the cash withdrawal amount, with a minimum of 2 yuan, per day. The maximum withdrawal limit for each card is 2,000 yuan, and the cumulative cash withdrawals shall not exceed half of the credit card limit.

For example, the poster withdraws 2,000 yuan in cash overdraft and pays it back 10 days later

The total amount that needs to be paid back = cash withdrawal principal, cash withdrawal handling fee, cash withdrawal interest

Supplement:

Calculation formula: monthly interest = principal × annual interest rate ÷12

Interest rate is the ratio of the amount of interest due each period on the amount borrowed, deposited or borrowed (called the total principal amount) to the face value. The total interest on the amount lent or borrowed depends on the total principal amount, the interest rate, the frequency of compounding, and the length of time it is lent, deposited, or borrowed. Interest rate is the price a borrower pays for borrowing money, and it is the return the lender earns from lending to the borrower by delaying his or her consumption. Generally speaking, interest rates vary according to the term standard of measurement, and are expressed in annual interest rate, monthly interest rate, and daily interest rate.

The interest rate is usually calculated as a percentage of the one-year interest to the principal. Monthly interest rate refers to the interest calculated on a monthly basis. The monthly interest rate is expressed as a thousandth of the principal. The monthly interest rates announced by banks are basically expressed in terms of one year. For example, the annualized deposit interest rate for three months is 2.6% (listed by the bank). In fact, it is actually calculated into the actual actual interest rate for the current period of three months. The yield is only 0.65%. The annual interest rate is generally expressed as % (percent), and the monthly interest rate is generally expressed as ‰ (thousandths); the daily interest rate is expressed as a few ten thousandths of the principal, which is usually called a few cents or cents. . For example, if the daily interest rate is 1%, that is, the principal is 1 yuan, the daily interest rate is 0.001 yuan. (1 centimeter = 0.001 yuan, one cent = 0.0001 yuan)

Calculation formula: daily interest rate_annual interest rate ÷360 = monthly interest rate ÷30. The relationship between annual interest rate and monthly interest rate: monthly interest rate = annual interest rate / 12, annual interest rate = monthly interest rate × 12.

Notes on calculating interest:

1. When calculating interest, the number of days of deposit is always counted from the date of deposit to before withdrawal. One day only;

2. Regardless of leap year or ordinary year, regardless of the big or small month, the whole year is calculated as 360 days, and each month is calculated as 30 days;

3. For the year , calculated against the month and day. The maturity dates of various time deposits are calculated based on the year, month and day. That is, from the date of deposit to the same day of the same month of the next year, it is a pair of years, and from the date of deposit to the same day of the next month, it is a pair of months;

4. The expiration date of regular savings. For example, if you are not working during a legal holiday, you can If you withdraw one day in advance, interest will be calculated as if it is due, and the procedures are the same as for withdrawing in advance.

The formula for calculating interest is: principal × annual interest rate (percentage) × deposit period

If interest tax is charged, then × (1-5%)

Principal and interest Total = principal interest

The calculation formula of accrued interest is: accrued interest = principal × interest rate × time

Accrued interest is accurate to 2 decimal places, and interest has been calculated The number of days is calculated based on the actual number of days held.

PS: The deposit period should correspond to the interest rate, which is not necessarily the annual interest rate, but also the daily interest rate and the monthly interest rate.

One month’s interest is the principal × monthly interest rate 1.5%, and one year’s interest is the principal × monthly interest rate 1.5% × 12. For example, if you borrow 20,000 yuan, monthly interest = 20,000 × 1.5% × 1 = 300 yuan, one month’s interest is 300 yuan, and one year’s interest needs to be multiplied by 12, which is 3,600 yuan.

Notes on calculating interest: 1. When calculating interest, the number of deposit days is counted from the date of deposit to the day before withdrawal; 2. Regardless of leap years , In an ordinary year, regardless of the big or small month, the whole year is calculated as 360 days, and each month is calculated as 30 days; 3. Calculated against the year, month, or day, the maturity dates of various time deposits are calculated based on the year, The month and day shall prevail. That is, the period from the deposit date to the same day of the next month is a pair of years, and the deposit date to the same day of the next month is a pair of months; 4. On the expiration date of regular savings, if you are not working during a statutory holiday, you can withdraw it one day in advance, which is deemed to be the same. Interest will be calculated upon maturity and the procedures are the same as for early withdrawal.

The calculation formula of interest: principal × annual interest rate (percentage) × deposit period, if interest tax is collected × (1-5%), the total principal and interest = principal interest, the calculation formula of accrued interest It is: accrued interest = principal × interest rate × time. Accrued interest is accurate to 2 decimal places, and the number of days that interest has been accrued is calculated based on the actual number of holding days. PS: The deposit period should correspond to the interest rate, which is not necessarily the annual interest rate, but may also be the daily interest rate or the monthly interest rate.

This ends the introduction of how to calculate the interest of Long Card credit card and the interest of Long Card Deposit Card. I wonder if you found the information you need?