My credit card belongs to China Merchants Bank, and I swiped 5000 yuan. The repayment fee for the 24th installment is a bit high, with the first installment being more than 30 yuan and the 24th installment being more than 800 yuan. Hello, minimum repayment amount of credit card = 10% All general transactions of credit card account+100% All unsettled installment transactions of account+100% Outstanding portion of the minimum repayment amount in the previous period+100% All funds used in excess of the credit limit of account+100.

The minimum repayment amount refers to the minimum monthly repayment amount of a credit card, which is displayed on the bill of the credit card in the current month. If you can't pay off in one lump sum, you can pay off the minimum repayment amount on time before the final repayment date, without affecting your personal credit, but you can't enjoy the interest-free repayment period. All consumption in the current period will bear interest from the bookkeeping date, with a daily interest rate of five ten thousandths. (Repay in full and on time, and you can enjoy an interest-free period for spending by credit card. )

If the cardholder fails to pay off the minimum repayment amount of the previous bill before the due repayment date (inclusive), our bank will collect the corresponding late payment fee according to the credit card regulations of China Merchants Bank. The late payment fee is calculated at 5% of the minimum outstanding amount of the credit card, and the minimum charge is RMB 65,438+00 or USD 65,438+0 yuan. At the same time, all consumption in the current period will be charged with interest from the bookkeeping date, with a daily interest rate of five ten thousandths.