If you repeatedly pay the minimum payment amount with a Bank of Communications credit card, the daily interest will be calculated at 0.5%.

Examples of recurring interest:

Suppose the bill date is the 5th of each month and the repayment due date is the 23rd of each month; the bank will print this book for you on April 5th. The current bill includes all transaction accounts from March 5 to April 5;

Assume that there is only one consumption in the current bill, the consumption amount is RMB 1,000, and the merchant charges The time is March 30;

The current bill printing "Amount due for this period" is RMB 1,000, and the "Minimum repayment amount" is RMB 100; under different circumstances, the recurring interest is: :

① If the RMB 1,000 is paid off in full before April 23, the recurring interest = 0 in the statement on May 5;

② If on April On May 23, if only the minimum repayment amount of RMB 100 is repaid, the recurring interest on the statement on May 5 will be RMB 17.85.

The specific calculation is as follows: 1,000 yuan × 0.05% × 24 days (March 30 to April 22) + (1,000-100) yuan × 0.05% × 13 days (April 23 to April 22) 5th), recurring interest = 17.85 yuan.