Hello, according to the information you provided, the monthly compound interest of Ping An Credit Card means that after the interest generated from your cash withdrawal from Ping An Credit Card is settled on the billing date, the interest generated on the billing date in the next bill will still be charged at five ten thousandths.

For example, if you withdraw cash from 500 yuan on April 28th, the daily interest will be 0.25 yuan. If the billing date is 5th, the interest will be settled on 5th, which is 0.25*8=2 yuan. However, you didn't make the repayment on May 5th. For the money you repaid on May 10, in the bill on June 5th, in addition to calculating your interest from May 6th to May 10, you will also settle the interest generated on May 5th, and 2 yuan will recalculate the interest according to the interest of five ten thousandths. So monthly compound interest refers to the interest generated by 2 yuan. Please refer to the amount after the actual bill is generated.

I hope our answer will get your approval. In the future, you can join the official WeChat of Ping An Credit Card to experience a different micro-life.