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How to calculate the credit card interest of BOC?
Overdraft interest is calculated and collected according to the actual overdraft withdrawal amount and the actual number of days in arrears from the transaction bookkeeping date. The overdraft interest rate is 0.5 ‰ of the daily interest rate, with monthly compound interest. If the minimum repayment amount is not paid before the due repayment date (inclusive), the bank will charge a penalty of 5% for the unpaid part of the minimum repayment amount. The specific calculation method of repayment penalty is: repayment penalty = (minimum repayment amount-paid amount) ×5%.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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