If the credit card repayment is less than the minimum repayment, the system will initiate additional deductions. If the amount of additional deductions is still less than the minimum repayment amount, then the bank will issue a refund after the repayment date to the grace period. The user will be deemed to have expired.

Although you can freely choose the repayment amount for credit card repayment, the repayment amount of each period must be greater than or equal to the minimum repayment amount, otherwise it will be considered overdue.

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Credit cards generally have an interest-free period, which can last up to fifty days, and the overdraft amount can reach as much as 50,000 yuan. As long as we pay off the overdraft on the card before the interest-free period ends, there is no danger.

When we use a credit card, if we choose a shopping mall or supermarket that has cooperation with the card issuer, wouldn't it be a good thing for consumers to save money by offering discounts and rebates? When using a credit card, be sure to protect it! Once lost, it is likely to be maliciously stolen. In addition, the annual fee and repayment date must be kept in mind. Credit card repayments are generally within one month.

The so-called over-limit fee refers to the additional overdraft amount granted by the bank after the cardholder reaches the total credit card overdraft amount, which is usually 10% of the original overdraft amount. The advantage of this is that the cardholder does not need to apply for a temporary increase in the limit or the card cannot be swiped; the disadvantage is that the cardholder has to pay an over-limit fee of 5% exceeding the overdraft limit.

Credit card late payment fees refer to the situation where the cardholder’s actual repayment amount is lower than the minimum repayment amount on the due date of the credit card, and the cardholder must pay late payment fees for the unpaid portion of the minimum repayment amount, which is generally the minimum payment amount. 5 of the unpaid portion of the repayment amount, but due to different policies of each bank, the minimum amount set is also different.

Therefore, cardholders who have large overdrafts during the Spring Festival holiday must keep in mind the final repayment date after receiving the bill, and strive to repay all the previous expenses before the due repayment date. Pay off. If you really have no time to pay, apply for installment repayment as early as possible or adopt the minimum repayment method to avoid penalty interest from the bank.

For non-cash transactions, the period from the bank accounting date to the due repayment date is the interest-free repayment period. The interest-free repayment period is as short as 20 days and as long as 56 days. During this period, as long as you repay in full the amount due on the current period's statement, you will not have to pay any interest on the funds advanced by the bank to the store for non-cash transactions (cash advances do not enjoy the interest-free discount). Repayment Due Date - The last date specified by the card-issuing bank by which the cardholder should repay all or the minimum repayment due.

The credit limit refers to the maximum overdraft limit that the bank gives you when approving your credit card. You can only make purchases with your card within this limit. If you exceed this limit, you will not be able to make normal purchases with your card.

The credit limit is determined based on a comprehensive evaluation based on the information you filled in when applying for a credit card and the relevant supporting documents provided. The principal card and supplementary card*** share the same limit. Under normal circumstances, the RMB limit and the US dollar limit in a dual-currency credit card can be converted to each other. For example, if your limit is 30,000 RMB, when you use the card overseas, your credit limit is approximately equivalent to 5 ,000 USD.

The credit limit will be adjusted regularly by the bank, but you can proactively provide relevant proof of financial resources to request adjustment of the credit limit. In addition, when you need a higher limit within a certain period of time when traveling abroad, moving to a new home, etc., you can request to increase the temporary credit limit.