Credit cards have two major uses: credit card consumption and cash withdrawal. The daily interest rate of credit card consumption is 0.05%, with the shortest interest-free period of 20 days and the longest interest-free period of 50 days (CCB, BOC, Minsheng, Guangfa, CITIC, etc.). ), or the minimum interest-free period is 25 days, and the maximum interest-free period is 56 days (ICBC, ABC, Bank of Communications, Huaxia, etc. ); There is no interest-free period for withdrawal, and interest will start to accrue from the date of withdrawal, with a daily interest rate of 0.05% and a handling fee.

Online shopping payment is also considered as credit card consumption.