The minimum repayment amount of the credit card of China Everbright Bank is 10% of the overdraft limit.
I. Calculation of the minimum repayment amount of Everbright Credit Card
Choosing the minimum repayment amount of Everbright Bank credit card will no longer enjoy interest-free repayment. The minimum repayment amount of the credit card of China Everbright Bank generally includes the following aspects:
65,438+00% of the outstanding portion of general consumer transactions within the credit line, and 65,438+00% of the minimum repayment amount in the previous period. The installment payment of the unpaid part has been carried forward, and the total amount of the unpaid part exceeds the consumption amount of the credit line, all expenses and interest.
Second, the calculation of the minimum repayment cycle interest of Everbright Credit Card
The credit card of China Everbright Bank cannot enjoy the interest-free repayment period with the minimum repayment amount. The daily overdraft interest rate is 0.5 ‰, and the interest is calculated from the trading day until the full repayment amount listed in the bill is paid off.
Everbright credit card, how to calculate the interest on the minimum repayment amount?
For Everbright Credit Card, the interest on the minimum repayment amount is calculated as follows:
1. The formula for calculating the minimum repayment amount is: minimum repayment amount = 10% of the consumption amount within the credit line, 100% of the cash transaction amount borrowed in advance, 100% of the outstanding minimum repayment amount in the previous period, and 100% of the credit line.
2. The minimum repayment amount of a credit card means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can make repayment according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. The minimum repayment amount is listed on the current bill.
What does the minimum repayment amount of credit card of China Everbright Bank mean?
The minimum repayment amount means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. The minimum repayment amount is listed on the current bill.
The calculation method of the minimum repayment amount of China Everbright Bank's credit card is as follows:
Minimum repayment amount = consumption amount within the credit line × 10%, cash advance transaction amount × 100%, the unpaid part of the previous minimum repayment amount × 100%, and all expenses and interests exceeding the credit line × 100%.
Advantages of minimum repayment amount of credit card of China Everbright Bank;
If the cardholder finds it difficult to repay all the debts before the due repayment date, he can make repayment according to the minimum repayment amount stipulated by China Everbright Bank. The minimum repayment amount is a method that can relieve the pressure of credit card repayment without affecting the credit record, and it is a credit card function that cardholders often use.
Disadvantages of minimum repayment amount of credit card of China Everbright Bank;
Those who choose the minimum repayment amount will continue to enjoy revolving credit, but will no longer enjoy interest-free repayment.
China Everbright Bank credit card minimum repayment interest calculation;
The first stage: amount (actual amount of credit card swiping) × interest rate (0.0005 per day )× time (days from the day of credit card swiping to the day before the minimum repayment);
The second stage: amount (remaining unpaid amount) × interest rate (0.0005 per day )× time (days from the date of minimum repayment to the day before repayment).
Extended data:
The minimum repayment amount means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. The minimum repayment amount is listed on the current bill.