The minimum repayment of the Postal Savings Credit Card means that if you are unable to repay the entire amount before the due payment date (inclusive), you can repay according to the minimum repayment amount stipulated by the Postal Savings. Minimum repayment is a method that can alleviate the pressure of credit card repayment without affecting your credit record. It is a credit card feature that everyone often uses.

If you choose the minimum repayment amount, you will no longer enjoy the interest-free repayment treatment. The minimum repayment amount of a postal savings credit card generally includes the following aspects:

(The current consumption balance of the previous period was not included in the minimum repayment amount and has not yet been repaid) *10 Cash withdrawal amount The minimum repayment amount of the previous period All fees and interest on the unpaid amount exceeding the credit limit.

Calculation method of recurring interest on the minimum repayment of Postal Savings Credit Card: Postal Savings Credit Card with minimum repayment cannot enjoy the interest-free repayment period. The daily overdraft interest rate is 0.05%, and the interest is calculated from the transaction date. , until the full amount listed on the bill is paid off. Interest will be shown on your next bill.

Extended information:

The minimum repayment amount refers to the cardholder who has difficulty repaying all the amount payable before the due repayment date (inclusive). Repay with the minimum repayment amount, but you cannot enjoy the interest-free repayment period. The minimum repayment amount is 10% of the consumption amount plus other various types of payables.

Minimum repayment amount calculation formula: Minimum repayment amount = 10% of the unpaid consumption amount within the credit limit, 100% of the cash advance transaction amount, 100% of the unpaid portion of the previous minimum repayment amount, and 100% of the unpaid consumption amount exceeding the credit limit. 100 of fees and 100 of interest;

The following forms do not enjoy the minimum repayment function:

1. Interest, handling fees, late payment fees and other fees incurred in the current bill must be repaid in full Such fees do not enjoy the minimum repayment function;

2. The order of postal savings credit card repayment is: interest, fees (handling fees, annual fees, late fees, etc.), cash withdrawal transactions, and consumption transactions.

3. The minimum credit card repayment does not affect your credit record, but if the repayment amount is less than the minimum repayment amount, the bank will charge a late payment fee of 5% of the unpaid portion of the minimum repayment amount, with a minimum of 10 yuan.

Baidu Encyclopedia - Postal Savings Credit Card