Never cancel your card at this time. Cancelling your card means that the bad record is always there, and the bank will question your integrity, which will have a bad influence on applying for other credit cards or loans in the future. Unfreeze the card and keep a good and continuous consumption record for 24 months, so that it will not be affected when applying for other credit cards or applying for car loans and mortgages in the future.
Extended data:
Minsheng Bank Credit Card Interest and Expenses
(1) After the credit card is activated, the cardholder is required to pay the annual fee for the year after activation. The year refers to one year from the date of card verification 12 months. The annual fee is included in the fees payable in the corresponding billing period of the current year.
(2) If the cardholder does not borrow cash in advance, the period from the bookkeeping date to the final repayment date (inclusive) is the interest-free repayment period. If the cardholder repays all the funds payable within the interest-free repayment period, there is no need to pay the overdraft interest of the current credit card consumption transaction. The longest interest-free repayment period is 5 1 natural day, which can be adjusted within the scope permitted by relevant financial regulations.
If the cardholder fails to repay in full before the due repayment date (inclusive), all transactions will not enjoy the interest-free repayment period; The repaid part shall bear interest from the bookkeeping date to the repayment date according to the overdraft interest rate, and the unpaid part shall bear interest continuously from the bookkeeping date according to the overdraft interest rate.
(3) The upper limit of overdraft interest rate is five ten thousandths of daily interest rate, and the lower limit of account overdraft interest rate is 0.7 times of five ten thousandths of daily interest rate; The upper limit of the corresponding annualized interest rate is 18.250%, and the lower limit is 12.755% (the actual annualized interest rate may be different from the above-mentioned annualized interest rate due to different days in a month and different repayment conditions of cardholders).
The actual interest rate applicable to the cardholder is determined by the bank according to the credit status of the cardholder, and the bank has the right to adjust the credit card interest rate standard according to the interest rate policy of the People's Bank of China and notify the cardholder.
(4) If the cardholder chooses the minimum repayment amount, he can repay the bank with an amount not less than the minimum repayment amount before or including the last repayment date of the current period. If you choose the minimum repayment amount, all transactions will not enjoy the interest-free repayment period. The repaid part shall bear interest at the overdraft interest rate from the bookkeeping date to the repayment date, and the unpaid part shall continue to bear interest at the overdraft interest rate from the bookkeeping date.
If the cardholder fails to fully repay the minimum repayment amount before the final repayment date (inclusive), he shall pay overdraft interest and liquidated damages.
The minimum repayment amount of each installment is the sum of the following parts:100% of the unpaid part of the minimum repayment amount of the previous installment; The overrun part is100%; 100% of the funds will be shared by stages; Other outstanding consumer funds and cash advances within the credit line of 65,438+00% (varying with the minimum repayment ratio); 65438+ 000% of all other payables.
If the current bill overdraft balance is lower than the sum of the above amounts, the minimum repayment amount shall be limited to the current bill overdraft balance. If the cardholder holds more than two credit cards of the Bank at the same time, the minimum repayment amount of each period shall be the sum of the minimum repayment amount of each card held by the cardholder. We have the right to adjust the minimum repayment ratio of the credit card under the customer's name according to the comprehensive performance of the customer, which is subject to the bank notice.
China Minsheng Bank-China Minsheng Bank Credit Card (Personal Card) Acquisition Contract