1. Can CCB credit card interest be reduced or exempted?

No.

Banks are profit-making institutions, not charitable institutions. Please hurry up and repay, otherwise the cost will be even greater.

2. Can China Construction Bank waive overdue interest?

When China Construction Bank negotiates repayment, all interest can be exempted. It is a standard business practice for banks to issue loans to customers. Therefore, for overdue customers, as long as the bank can recover the principal, even if the loss based on the principal is not particularly large, there is room for negotiation. , so interest is completely conditionally exempt. As long as the customer has sufficient willingness to repay and the ability to pay off the principal, this can be achieved through negotiation.

3. Will China Construction Bank waive or exempt part of the interest penalty for overdue credit cards?

Part of the interest penalty will not be waived for overdue CCB credit cards. Interest will be waived only during the interest-free repayment period. Cardholders who repay in full on time are entitled to an interest-free period for consumption transactions. The interest-free period starts from the bank accounting date to the repayment date, with a minimum of 20 days and a maximum of 50 days. Overdraft cash withdrawal transactions do not enjoy the interest-free repayment period.

If the user fails to repay before the due repayment date or the repayment amount is less than the minimum repayment amount, China Construction Bank will not only charge interest according to regulations, but also charge the unpaid portion of the minimum repayment amount. 5% late payment fee is charged.

Note: Overdue credit card repayments have serious consequences, so overdraft consumption should be moderate. Although the biggest feature of a credit card is its overdraft function, it actually constitutes a loan relationship between the customer and the bank. Failure to repay when due may not only result in legal consequences, but also bear high penalties and interest, and most importantly, may cause A bad credit record will have a negative impact on your future work and life.

Extended information:

Calculation of recurring interest for overdue CCB credit cards:

The amount of each purchase in the previous period's statement is the interest-bearing principal. The number of interest accrual days is from the date the account is recorded to the date the account is paid off; the revolving credit interest rate is uniformly stipulated by the People's Bank of China, with a daily interest rate of 5/10,000, and compound interest is calculated on a monthly basis. Interest on the revolving credit will be stated on your next bill.

Calculation example:

Assume that the bill date is the 7th of each month and the repayment due date is the 27th of each month. If you spend 10,000 yuan on March 20, and the payment is credited to your credit card account on March 23 (i.e., the billing date), the statement on April 7 will list: The entire amount payable for this period 10,000 yuan, with a minimum repayment amount of 1,000 yuan.

If no other transactions are recorded from April 8 to May 7, and the user pays the minimum repayment amount of 1,000 yuan on April 27, the bill on May 7 will be listed except In addition to the unpaid portion of the consumption amount of 9,000 yuan, an additional interest of 225 yuan will be included.