2. click "credit card repayment" under Tencent services.
3. Click "Add Credit Card" below.
4. enter the opposite party's card number, bank and cardholder's name, and click "confirm".
5. Click on the other party's credit card to enter the repayment interface.
6. enter the repayment amount and click "repay immediately".
AliPay: 1. Open the Alipay interface on your mobile phone and click "Credit Card Repayment".
2. click "add repayment type".
3. Click "Return Credit Card".
4. enter the other party's card number, bank and name, and click "ok".
5. enter the repayment amount and click "confirm repayment".
operating environment: apple 12, ios14, AliPay version 1.2.3, wechat version 8..13
after a credit card with high penalty interest defaults, the penalty interest fees usually involved are cyclic interest fees and late fees. The essence of revolving credit is a small, unsecured loan with daily interest. If it is not fully repaid on the last repayment date, it will generate revolving credit interest on the next statement, and the interest needs to be calculated from the date when the consumption is recorded.
except for ICBC, the other 12 banks still impose full penalty interest. Full penalty interest means that even if the customer repays part of the money, the repayment part is not deducted when calculating the penalty interest, and the interest expense is usually calculated at five ten thousandths of the daily interest rate. In addition, some banks stipulate that the daily interest rate shall be calculated at 5/1 within 15 days from the bookkeeping date, at 1/1 after 15 days, and at 15/1 after 3 days or the overdraft amount exceeds the prescribed limit. The longer the default time, the higher the penalty interest.
For example, suppose Miss Li's billing date is the 1th of each month, the last repayment date is the 28th, and she spent 1, yuan on June 11th. On July 28th, Miss Li was short of money, so she paid the minimum repayment amount, 1 yuan, so the circulating interest expense on the bill on August 1th is: 1, yuan × .5 ‰× (from July 28th to June 11th).
if the cardholder fails to pay off the minimum repayment amount, in addition to the circulating interest charges, there will be a late payment fee, which is calculated at 5% of the unpaid part of the minimum repayment amount. If Miss Li only pays 5 yuan back, the late fee is (1 yuan ~5 yuan) ×5%=25 yuan. In this case, the revolving interest expense will rise to 296.75 yuan, and Miss Li's penalty interest will total 321.75 yuan this month.