Hello, according to the information you provided, the monthly compound interest of Ping An Credit Card means that after the interest generated from your cash withdrawal from Ping An Credit Card is settled on the billing date, the interest generated on the billing date in the next bill will still be charged at five ten thousandths.

For example, on April 28th, RMB 1 1,000 will be withdrawn, and the interest for one day will be paid in 0.5 yuan. If the billing date is 5th, interest will be paid on 5th for 8 days, that is, 0.5*8=4 yuan. However, you didn't make the repayment on May 5th, and the money you repaid on May 10, in addition to your interest income from May to May 10, 4 yuan interest generated on May 5th was still charged at five ten thousandths of interest until May 10. So monthly compound interest refers to the interest generated by 4 yuan.

I hope our answer will get your approval. In the future, you can join the official WeChat of Ping An Credit Card to experience a different micro-life.