Definition of minimum repayment amount

The minimum repayment amount refers to the cardholder who has difficulty repaying all the amount payable before the due repayment date (inclusive). Repay the specified 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. The minimum payment is listed on the current bill.

Minimum repayment amount calculation formula

Minimum repayment amount = 10% of the consumption amount within the credit limit, 10% of the cash advance transaction amount, 100% of the unpaid portion of the previous minimum payment amount, more than 100 of the credit line consumption fee and 100 of the interest. If the "minimum repayment amount" is paid before the due repayment date, the interest will still be calculated. But it will not affect your personal credit. After using your credit card, you will receive a statement from your bank on the billing date. There are two amounts that we need to note. One is the amount due this period, and the other is the minimum payment amount. In fact, this is also a major benefit of credit cards. Once you spend money on the credit card and exceed your repayment range, you can choose to repay with the minimum repayment amount, so that it will not affect your personal credit. But this means that you can no longer enjoy the interest-free period.

The above is the official answer from the bank. It will definitely not affect your credit record.

But the interest will definitely be paid, and it is not cheap. Please think carefully! !