How much is the penalty for Guangzhou Bank’s credit card? Cardholders of Guangzhou Bank’s credit card are concerned about how to collect penalty for overdue credit cards of the bank. The following is the standard for collection of penalty for Guangzhou Bank’s credit card compiled by the editor.
The default penalty for Guangzhou Bank’s ordinary credit card, gold card, platinum card, mobile co-branded card, China Southern Sky Pearl Card, and Global Visa Platinum Card is 5% of the unpaid portion of the minimum repayment amount, with a minimum of 10 yuan.
p>Guangzhou Bank Credit Card Guangsheng Card, Liberty Card, the minimum repayment amount is 1,000 yuan of the outstanding part, the minimum repayment amount is 10 yuan. (The minimum repayment amount of Guangsheng Card is the bill amount)
Guangzhou Bank The origin of credit card default fees
According to the new regulations of the Central Bank, starting from January 1, 2017, all major card issuers must cancel credit card late fees. For cardholders’ default and unpaid behavior, issuers You should negotiate with the cardholder to commit to whether to collect liquidated damages, as well as the relevant collection methods and standards. In addition, the card issuer shall not charge interest on the liquidated damages and annual salary, handling fees, currency exchange fees and other service fees collected from the cardholders.
Warm reminder:
According to the regulations of the Central Bank, Guangzhou Bank shall not charge interest on credit card default penalties, but the principal of the credit card loan will be charged interest every day. If a credit card default penalty occurs, it means that the cardholder has Breach of contract will seriously affect personal credit record. Cardholders should try to maintain good repayment habits.