Credit card liquidated damages are calculated based on the following factors:

1. Number of days overdue: The calculation of liquidated damages is usually based on the number of days overdue on the credit card. The number of overdue days refers to the number of days that the cardholder has not repaid the credit card balance beyond the repayment deadline. The more days overdue, the higher the penalty will usually be.

2. Overdue amount: The calculation of liquidated damages also takes into account the amount of overdue arrears. Generally speaking, the higher the overdue amount, the liquidated damages will increase accordingly.

3. Interest rate: Credit card contracts usually stipulate the overdue interest rate, which is called the overdue interest rate. The calculation of liquidated damages will be determined based on the overdue interest rate.

Based on the above points, credit card liquidated damages can be calculated in the following ways:

The first step is to determine the number of days overdue. The number of days between the credit card repayment deadline and the date the cardholder repays the balance.

The second step is to determine the overdue amount. Calculate the amount of the cardholder's overdue balance.

The third step is to calculate liquidated damages based on the overdue days and overdue amount and the overdue interest rate stipulated in the credit card contract. Normally, liquidated damages are calculated based on a certain percentage of the daily overdue amount.

To sum up, credit card liquidated damages are calculated based on the number of overdue days, overdue amount and overdue interest rate. The longer the overdue days, the higher the overdue amount, the higher the overdue interest rate, and the higher the liquidated damages will be.

Supplementary information:

Different banks and credit card institutions may have different calculation methods for liquidated damages. The specific calculation rules may also be affected by contract terms, policies and regulations and other factors. Influence. Cardholders should carefully read the relevant contract terms before using their credit card to understand the specific calculation rules of their credit card. In addition, timely repayment is an effective way to avoid liquidated damages. It is recommended that cardholders repay credit card debts on time to avoid overdue payments.