The minimum monthly payment of many banks is 65438+ 00% of the bill of the month. For example, even if you owe 1000, it is not overdue. If it is paid off in this way, the remaining outstanding debts will not enjoy interest-free treatment, and the interest will be calculated at the rate of five ten thousandths per day from the date of consumption. The longer it takes to pay off all debts, the greater the interest.

I mistakenly thought that I had paid back the money.

Some card friends confuse the billing date and repayment date of credit cards. As a result, they think that the person who repays will not pay back the money if he knows it. The money paid back can only be considered as overpayment, not as current bill arrears. Or open the automatic repayment function, and the balance of the repayment card is insufficient. After the bank fails to deduct money, the bank will not repay it manually, and it will definitely be overdue. If it is overdue, it will generate interest and collect liquidated damages.

3. mistakenly think that there is a grace period

Many cardholders think that all credit cards have a grace period, so they often do not repay on the last repayment date, but postpone repayment for a few days. Who knows that there are some banks that have no grace period at all, such as China Industrial and Commercial Bank. That will be paid off within the grace period I mistakenly thought, but it is already overdue.