Bank of communications credit card, after the repayment is paid off, the available amount will be restored to the previous amount. If the bill is not paid, there will be late fees and interest. It will also affect personal credit. 1. The late payment fee for the credit card is 5% of the minimum repayment amount. Charge by the month. 2. Calculation formula of overdue interest of credit card: overdue interest of credit card = consumption last month * overdue days *0.0005.

There are three figures in the above formula for calculating overdue interest of credit cards, namely overdue amount, overdue days and daily interest rate. Here are the meanings of these three numbers.

1. Last month's consumption needs special attention. The calculation limit of credit card overdue is not the amount owed, but the amount spent last month. In other words, if you spent 10000 yuan last month, even if you have paid back 9999 yuan, the overdue interest of the credit card will be calculated according to the debt of 10000 yuan. So try not to generate overdue credit cards, otherwise the interest base will be too large if you spend a lot last month.

2. Overdue days Because the overdue interest of credit cards is calculated on a daily basis, the overdue days of credit cards are also very important. The number of overdue days refers to the number of days from the bookkeeping date to the current bookkeeping date.

3. Daily interest rate The daily interest rate of overdue interest on credit cards is uniform, which is 0.0005, which is five ten thousandths of a day.