credit card overdrafts are not entitled to interest-free repayment period, and overdraft interest is charged from the bookkeeping date to the repayment date, with compound interest on a monthly basis. Unless otherwise specified, the benchmark interest rate of CCB is 5/1 per day. If there is any adjustment, the upper limit and lower limit of the daily interest rate are .7 times of 5/1 (the upper limit and lower limit of the annualized interest rate are approximately 18.25% and 12.775% respectively, and the conversion formula is calculated according to annualized interest rate = daily interest rate *365). If the relevant provisions of the People's Bank of China are changed, the provisions shall prevail. Please refer to the actual interest listed in the bill.
(in case of business changes, please take the actual situation as the standard. )