Agricultural Bank of China Jinsui Credit Card withdraws cash with a withdrawal quota of 7500. The billing date is 13. I want to withdraw 5000 yuan from 10 every month. How much interest should I charge?
1. The billing date of your ABC credit card is 13, and the repayment date is the 25th day after the billing date, because the number of days in each month is different, some months are 28 days, some months are 30 days, and some months are 3 1 day. The following month, that is, August 10, you withdraw 5000 yuan as an example. On August 13, the withdrawal was recorded on the bill, and the repayment date was September 7. The repayment interest is: 5000×0.05%×28=70. Note: the interest rate of credit card is five ten thousandths per day.
If you want to pay less interest, you should pay it back as soon as possible before the repayment date. The sooner you pay back, the less interest you will have. It is best not to exceed the repayment period, because you have to pay a late fee.