1.

At present, the interest rates for overdue credit card repayments in all banks are the same, which is 0.5% per day, and compound interest is calculated on a monthly basis.

2.

It is important to note that the principal for interest calculation is the total consumption amount of the month, and the interest calculation time is: interest is calculated from the day of consumption! It is not calculated based on the number of overdue days as many cardholders imagine. interest.

3.

In addition, because the cardholder does not repay on time, the bank will also charge late payment fees, and the proportion of late payment fees is even higher: 5% of the total amount, and every month Charged once.

4.

Overdue repayment refers to the situation where the final repayment period stipulated by the bank is exceeded and the consumed amount is not deposited into the designated account in full and in time.