Current location - Trademark Inquiry Complete Network - Overdue credit card - This is my first time to use a credit card. My limit is 5000, which is 1000. So how much should I pay back, full interest or not? Monthly account
This is my first time to use a credit card. My limit is 5000, which is 1000. So how much should I pay back, full interest or not? Monthly account
The billing date is the 20th, so what about the due date? If you spend 1000 yuan by credit card today, you need to repay 10000 yuan in full before the due repayment date, without interest. The period from the consumption date of 4.3 to the billing date of 4.20 and then to the due repayment date is called the repayment period, which is called the interest-free repayment period of credit card consumption, and the cash withdrawal transaction cannot be interest-free at any time. The due repayment date is fixed at 18, 19, 20, 2 1 or 25th after the bill date, depending on the issuing bank. Interest will be paid on debts that cannot be fully paid off on the due date, starting from the day you check your credit card. Overdraft interest is 0.05% (0.05%) per day, with cumulative compound interest. If you repay 1000, there will be no interest. If the repayment is less than 1000, there will be interest. If 200 is repaid, the interest will be calculated at 1000x0.05%. Every day, the 0.5 yuan will be calculated from 4.3 to the repayment date of 200, and then the interest will be calculated at 800x0.05% according to the remaining unpaid part. Four yuan a day is counted from the second day of repayment of 200 to the next repayment.