1. Credit card overdue: if the cardholder fails to repay the loan on time, the overdue date will be regarded as overdue. There will be a penalty interest if it is overdue, which is generally five ten thousandths of the overdue amount. For example, if you spend 1 10,000, you will be fined 5 yuan for one day overdue.
2. Cash withdrawal by credit card: Cardholders can withdraw cash by credit card, but there will be a certain handling fee and interest. Cash withdrawal interest is generally five ten thousandths of the cash withdrawal amount. For example, withdrawing 10,000 yuan will generate interest in 5 yuan every day.
3. credit card installment: credit card installment repayment will generate handling fees, and the annualized handling fee rate is usually around 15%. The longer the installment time, the more fees will be charged.
4. Minimum repayment amount of credit card: When choosing the minimum repayment amount of credit card, the interest calculation of the unpaid part will be more complicated. For example, if the minimum repayment amount of 10% is selected on the repayment date, only 1000 yuan will be repaid, then the interest of the remaining 9000 yuan will be calculated when the bill is issued next month, according to the standard of five ten thousandths. As long as one day is not fully settled, interest will continue to be calculated, leading to interest rolling.