Introduction to Bank of China credit card credit interest:
There is no interest on Bank of China series credit card deposits; deposits in the Great Wall Credit Card account will be calculated according to the deposit interest rate and interest calculation method announced by Bank of China on the interest settlement date. Pay interest. The specific rules are as follows:
1. Interest on RMB deposits is settled quarterly, and the 20th of the last month of each quarter is the interest settlement date.
2. Interest on foreign currency deposits is settled annually, and December 20 of each year is the interest settlement date.
The interest on deposits is calculated based on the demand deposit interest rate announced by the Bank of China on the interest settlement date. Interest will not be calculated in installments in the event of interest rate adjustments; when the account is closed and settled, the current deposit interest rate announced by the Bank of China on the day the account is closed will be calculated based on the interest rate. For interest settlement processing, the funds in the foreign currency account shall not exceed the upper limit of small deposits stipulated by the People's Bank of China.
(Answer time: May 11, 2023)
The above content is for your reference, please refer to the actual business regulations.
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