Minimum repayment amount: If the credit card is overdrawn, but the debt cannot be fully repaid on the due repayment date, the minimum repayment amount can be repaid, which is usually 10% of the overdraft amount, and there is a minimum standard. The minimum repayment standard will be indicated on the credit card statement. The concept of minimum repayment amount is equivalent to showing the bank that you are not maliciously overdrawn and don't want to repay the arrears, but you are temporarily unable to repay. Repaying the minimum repayment amount will not damage personal credit. In general, the minimum repayment amount is the sum of a certain proportion of the accumulated outstanding consumer principal (our behavior is 10%), all expenses, interest, the amount owed beyond the credit limit, the cash principal paid in advance, and the outstanding part of the minimum repayment amount of the previous bill.

The minimum repayment amount is calculated as follows:

Minimum repayment amount = current expenses and interest+unpaid portion of the minimum repayment amount in the previous period+cash balance borrowed in advance in the current period+amortization principal+(current consumption balance+consumption balance not included in the minimum repayment amount in the previous period but not yet paid) * 10%.