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Will the bank be fined 2 to 3 times for credit card arrears?
No, banks only charge late fees, interest (including compound interest) and handling fees (including annual fees, cash withdrawal handling fees and installment handling fees).

The current bill is not paid off before the repayment due date.

Minimum repayment amount

, a late fee will be charged.

The late payment fee is charged at 5% of the minimum unpaid amount of the current bill, and the minimum charge is 20 yuan /3 yuan. The late payment fee will be automatically settled to the next bill, so please repay according to the bill amount.

Credit card interest charge:

1, credit card bill is not on time.

Full repayment

Interest will be generated: interest will be calculated one by one according to each consumption in the bill, generally from

Credit card consumption

The next day, until your transaction is returned, it will be calculated at 0.05% per day.

2. Withdraw interest: Do not enjoy withdrawal.

interest free period

From the date of cash withdrawal, interest will be charged at 0.05% per day, and compound interest will be charged on a monthly basis.

Compound interest is calculated monthly, that is, the interest generated last month needs to be recalculated.

For example, if

Bookkeeping date

Yes 12, February 1 Withdraw 2000 yuan, and charge interest at 1 yuan every day. As of February 12, the total interest is 12 yuan, so it is 20 12 yuan from February 13 (the day after the bookkeeping date).