Ping An Bank will provide credit card holders with a 3-day grace period for repayment. Generally, the cardholder repays in full within 3 days after the repayment date, or pays the minimum repayment amount, which is counted as timely repayment. If the cardholder repays or fails to repay after 3 days from the repayment date, it shall be deemed as overdue repayment. Ping An Bank charges overdue interest at a daily interest rate of 0.5 ‰, and compound interest on a monthly basis until it is paid off. It will also report overdue records to the central bank's credit information system.