Optimal repayment is the minimum amount to ensure that you don't need to pay interest (or stop generating new interest) after repayment.

A term similar to the optimal repayment amount is the minimum repayment amount that you are most familiar with. When repayment is difficult, most people will choose to pay the minimum repayment amount first to prevent themselves from overdue repayment. Here's what the minimum repayment amount means.

The minimum repayment amount of bank credit card means that if the user has difficulty in repaying all the payable amount before the due repayment date, he can repay according to the minimum repayment amount stipulated by ICBC.

After choosing the minimum repayment amount of bank credit card, you will no longer enjoy interest-free repayment. The minimum repayment amount of bank credit card includes: the sum of the minimum repayment amount of the previous bill and the daily overdraft balance of the current account statement 10%.

Tip: The minimum repayment amount of a bank credit card is calculated from the consumption date, not from the final repayment date. Please pay special attention: the calculation method of the minimum repayment cycle interest of bank credit cards cancels the full penalty interest, and the repayment before the maturity date is not calculated. The unpaid part is charged with overdraft interest at the rate of five ten thousandths per day from the bank bookkeeping date to the repayment date.