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How to calculate the cash interest of Guangfa Credit Card?
Hello, at present, banks charge 0.05% daily interest on credit card withdrawal, but the fees charged by different banks are different. Credit card withdrawal has no interest-free period, and interest is charged from the date of withdrawal.

If the cardholder only pays the minimum repayment amount on the repayment date, interest will still be charged at 0.05% per day for the unpaid part; If the cardholder fails to pay the minimum repayment amount, the credit card withdrawal fee is the handling fee+0.5 ‰ daily interest+5% overdue fine for the unpaid part of the minimum repayment amount.

Regarding the handling fee for cash withdrawal, the charging standards of different banks are different, but most banks only stipulate the minimum handling fee for each cash withdrawal, and the highest bank stipulates that the minimum handling fee for each cash withdrawal is 30 yuan. The credit card withdrawal fee of Guangfa Bank is 2.5%, with a minimum of 10 yuan.

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