1. First of all, according to the relevant regulations of China Credit Card, if the cardholder fails to repay the loan within the time limit, the bank has the right to charge penalty interest and late payment fee for the overdue amount.
2. Specifically, generally speaking, the bank will deduct the overdue repayment amount according to a certain proportion. This ratio is generally a few ten thousandths of a day, and the specific ratio depends on the agreement in the credit card contract and the bank's policy. So it is possible to deduct more than 500 yuan if it is overdue for 2 days.
3. In addition, the longer the overdue time, the greater the overdue amount, and the amount of deduction will increase accordingly. Therefore, if the credit card holder fails to repay the loan as soon as possible, the deduction amount may be further increased.
Summary: It is in line with China's credit card regulations that the credit card is overdue for more than 2 days, and the bank has the right to charge penalty interest and late fees for overdue repayment. The specific amount of deduction depends on the bank's policy and the agreement in the credit card contract, and it is also related to the overdue time and amount.
Extended data:
Overdue repayment will have a negative impact on personal credit records, which may lead to a decline in credit rating. Therefore, cardholders should pay back in time to avoid overdue fees and ensure a good credit record.