How much interest you pay for 8000 a day depends on the annualized rate of return, and different rates of return have different interests. If the annualized rate of return is 4%, the income in the first year of ten thousand is 400 yuan, one month is 400 yuan divided by 12 months, one month is 33 yuan, and one day is 1. 1 yuan! If you want 8000 yuan, it will cost more than 80 cents!

I. Interest-free period

Credit cards are generally repaid in full and on time, with no interest. If you can control the credit card consumption and repay it on time every month, the credit card can always be interest-free. You just need to pay back the money you spent, with no interest. And every bank has an interest-free period, usually around 25 days. Bank of Communications has the longest interest-free period.

Second, cash withdrawal by credit card

Withdrawing cash is one of the functions of credit cards. If the cardholder needs short-term funds, he can withdraw cash by credit card. The higher the credit card limit, the higher the cash withdrawal limit, and the cash withdrawal limit does not exceed 50% of the credit card limit. Credit card withdrawal will generate interest and will charge a certain handling fee. The fees charged by each bank are different, but the interest generated is five ten thousandths of the cash withdrawal amount, and the interest generated every day is 5 yuan.

3. What is the minimum repayment for a credit card that owes 8,000 yuan, and what is the monthly interest?

First of all, first of all, from the handling fee. If it is an ordinary credit card, the domestic handling fee for overdraft withdrawal of Bank of Communications credit card is charged at 1% of the cash withdrawal amount, with a minimum of 10 yuan. Every day, overdraft can only withdraw 2,000 yuan, which is the 20 yuan handling fee, and 4 times of 8,000 is the 80 yuan handling fee; Second, if you are a young credit card, then the cash withdrawal is 5 yuan/pen, and 8000 yuan should be taken in four times, 20 yuan; Third, the interest is five ten thousandths of a day. If calculated at 8,000 yuan, it is 4 yuan every day. If calculated by 30 days, it is about 120 yuan per month. 4. The minimum repayment amount is 65438+ 00% of the cash withdrawal amount+all interest+all handling fees, so if the handling fees of general credit cards are calculated, the minimum repayment amount to be repaid is about 800+80+ 120= 1000 yuan.