2. The so-called late payment fee means that when the actual repayment amount of the credit card is lower than the minimum repayment amount on the due repayment date, the cardholder needs to pay the late payment fee for the unpaid part of the minimum repayment amount. Moreover, the proportion of late payment fees is uniformly stipulated by the People's Bank of China, which is 5% of the unpaid part of the minimum repayment amount.
3. ICBC stipulates that the late payment fee is 5% of the unpaid part of the minimum repayment amount, with a minimum of 1 RMB. It should be noted that the base of the late payment fee is the unpaid part of the minimum repayment amount.
4. ICBC credit card late payment fee calculation formula: late payment fee = (minimum repayment amount-paid amount on due repayment date) ×5%. For example, if the user spends 654.38+0000 yuan on ICBC credit card, and the minimum repayment amount is 654.38+0000 yuan, the late payment fee of ICBC credit card is 654.38+0000 * 5%.
5. If the user can't repay the loan on time and the actual repayment amount is lower than the minimum repayment amount, there will be a late payment fee, so the user must repay the loan on time and not lower than the minimum repayment amount, so as not to cause unnecessary losses and affect his credit.