1, and the daily ATM withdrawal limit reaches 1 ten thousand yuan. In addition to overdraft consumption, credit cards also have the function of withdrawing cash. In the past, the maximum amount of cash withdrawal through counters and ATMs was 2,000 yuan, and the maximum amount of cash withdrawal in the new regulations reached 1 1,000 yuan.
2. The minimum repayment amount is not fixed. If the user can't repay in full within the specified time after using the credit card, he can choose the minimum repayment amount. In the past, the minimum repayment amount of a credit card was 10% of the bill amount, but according to the new credit card regulations, the minimum repayment amount of a bank is not fixed at 10%, and the specific minimum repayment amount is determined by the bank.
3. The late payment fee for credit card becomes liquidated damages. After spending by credit card, users need to repay on time within the specified time, otherwise there will be overdue behavior. Once overdue, the bank will charge the cardholder overdue interest, including penalty interest and late payment fee. According to the new credit card regulations, banks will no longer charge late fees for overdue credit card users, but will change them to "liquidated damages". In the past, late fees were charged with monthly compound interest, and liquidated damages were charged at one time.
4. Withdrawal cannot only pay the minimum repayment amount. After the cardholder uses the credit card to withdraw cash, he can't just pay the minimum repayment amount. The cardholder must pay off all the cash withdrawn this month in the next account. This is not very friendly for users who are short of funds, but not all banks can't repay the minimum repayment amount by withdrawing cash from their credit cards. At present, only three banks, namely Industrial and Commercial Bank of China, Agricultural Bank of China and Huaxia Bank, have implemented this regulation.
5, credit card overdraft interest rate changes. In the past, the credit card overdraft interest rate was fixed, and the overdraft interest fee was charged at the daily interest rate of 0.05%. However, after the implementation of the new regulations, the credit card overdraft interest rate will fluctuate, with the lowest interest rate of 0.035% and the highest interest rate of 0.05%. The specific interest rate is determined by the bank according to the cardholder's personal comprehensive situation. The better personal qualifications and credit, the lower the credit card overdraft interest rate.