Credit card holders of Minsheng Bank can enjoy interest-free treatment by repaying all the due amount from the bank bookkeeping date to the due repayment date (inclusive), which is called interest-free repayment period; Interest-free repayment period is from the date of bank entry to the due repayment date, generally 20-50 days, and the longest is 5 1 day. Different credit card consumption days can enjoy different interest-free periods. Minsheng Bank can enjoy the longest interest-free period for the next day's credit card spending, and the shortest interest-free period for the billing day.
If the cardholder fails to repay in full (only the minimum repayment amount and above) before the due repayment date, Minsheng Bank will charge a certain amount of cyclic interest on all your consumption amount during this period, but it will not affect your personal credit record; The repaid part bears interest from the bookkeeping date to the repayment date, and the unpaid part continues to bear interest from the bookkeeping date. The daily interest rate is 0.5‰.
If the cardholder fails to repay before the due repayment date or the repayment amount is lower than the minimum repayment amount, Minsheng Bank will charge a certain amount of cyclic interest and late payment fee for all your consumption amount during this period, and will leave a stain on your personal credit record.
In addition, I would like to remind you that Minsheng Bank provides time tolerance service for credit card repayment, and the time tolerance service is 3 days, that is, the cardholder's repayment within 3 days after the last repayment date is regarded as timely repayment; The tolerance repayment service is 10 yuan RMB (foreign currency is USD 2, EUR 2, GBP 2, CAD 2, AUD 2, JPY 200), that is, if the unpaid amount of the cardholder's current bill is less than or equal to 10 yuan RMB (foreign currency is USD 2, EUR 2, GBP 2, CAD 2, AUD 2, JPY 200), it will be regarded as the full amount.