According to the survey, users who have obtained the qualification of JD.COM White Bar can choose to postpone payment for up to 30 days or pay in installments for 3 to 12 months when shopping. If the former is selected, the user does not need to pay any interest, and the latter is calculated at the interest rate of 0.5% per period. In addition, if JD.COM reminds users of overdue for many times, the daily penalty will be 0.03%.
It can be seen that JD.COM IOUs have the following characteristics: first consume and then repay, the longest interest-free period is 30 days, and you can choose to pay by installments. If you don't repay, you need to pay liquidated damages. It can be said that JD.COM White Strip basically covers the basic characteristics of credit cards and can be regarded as a virtual credit card.