Current location - Trademark Inquiry Complete Network - Overdue credit card - Can the credit card be paid back bit by bit within the repayment period after the bill date?
Can the credit card be paid back bit by bit within the repayment period after the bill date?
Yes, it can be repaid in multiple installments before the repayment date after the bill date, as long as the amount is not less than the minimum repayment amount (less will affect the credit history).

First, credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is regarded as timely repayment;

1. If it is paid off in full, no cost will be incurred;

2. If the repayment amount is less than the minimum repayment amount stipulated by the bank, it will be deemed overdue, with interest of 0.05%, and the unpaid part of the minimum repayment amount will be subject to a 5% late fee;

3. If the repayment amount is greater than or equal to the minimum repayment amount and less than the full repayment amount, interest shall be paid at 0.05%;

2. Repayment beyond the grace period is deemed overdue: interest is 0.05%, and there is a late fee.