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Take ICBC as an example: the minimum repayment amount of China Industrial and Commercial Bank's credit card
The minimum repayment amount of China Industrial and Commercial Bank's credit card refers to the minimum repayment amount that credit card holders should pay before the due repayment date (inclusive). The calculation formula is:
Minimum repayment amount = the unpaid part of the minimum repayment amount of the previous bill+the amount owed by the current bill x 10%, except in special circumstances.
For example, the cardholder's consumption in this bill month is 20,000 RMB, and the minimum repayment amount of the last bill has been paid, so the minimum repayment amount is 20,000 RMB */kloc-0.0%, that is, 2,000 RMB.