The daily profit is 0.05%. According to the official website of the Agricultural Bank of China, the interest on the Agricultural Bank of China credit card is calculated based on the daily interest rate of 0.05%, which is 0.5% per day. On each billing day, the total interest plus the principal will be recalculated into the new principal and interest will also need to be calculated. China Agricultural Bank of China was established in 1951. Its head office is located on Jianguomen Nei Street in Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit.