Current location - Trademark Inquiry Complete Network - Overdue credit card - I just applied for a Great Wall Global Pass credit card (Platinum Card) from Bank of China. I have never used a credit card before. I would like to ask you a few questions. Thank you.
I just applied for a Great Wall Global Pass credit card (Platinum Card) from Bank of China. I have never used a credit card before. I would like to ask you a few questions. Thank you.

1 Generally, repayment within 20-26 days after the bill date is called the repayment due date

2 There is no interest-free repayment period for cash withdrawals, that is, you Compound interest of 5/10,000 per day will be calculated starting from the second day of cash withdrawal. After repayment, the credit limit has been released and you can continue to consume.

3 For bank policies, you need to consult the card issuing bank.

4 There is interest. The interest for 1,000 yuan per day is 50 cents. Generally, there is also a cash withdrawal fee, which is 2.5% of the cash withdrawal amount.

5 Every period of time, the bank will determine the amount of money you use based on your card usage. The limit can be adjusted according to the situation. Some banks can also apply for limit adjustment

6 Credit cards are not suitable for deposits. Credit cards do not have interest, and every time you withdraw money from a credit card, a handling fee of 2.5 is charged. You The same goes for money deposited to the card.