1. How do I know the minimum repayment amount of a credit card?

When the bill date comes, you will receive the bank statement. There are two quantities, which we should write down. One is the amount payable in this period, and the other is the minimum repayment amount. The minimum repayment amount of a general credit card is 65438+ 00% of the consumption amount plus other payables. The specific companies are as follows:

Minimum repayment amount = 65,438+00% of the unpaid consumption amount within the credit line, 65,438+000% of the cash advance transaction amount, 65,438+000% of the unpaid part of the previous minimum repayment amount, and 65,438+000% of the expenses and interest exceeding the credit line.

Second, the minimum repayment amount of credit card application method

No application is required for the minimum repayment amount. As long as the payment is made according to the minimum amount of the bill when due, there will be no late payment fee and personal credit will not be affected. Please rest assured. However, it will generate cyclic interest. All consumption in the current period starts to bear interest from the bookkeeping date (usually the day after consumption), and the daily interest rate is five ten thousandths until you pay it off in full.

What is the minimum repayment amount for a credit card?

Hello, if you can't pay in full by the repayment date, you can pay in full, but the repayment amount of each installment must be greater than the "minimum repayment amount", which is the basic repayment requirement for you to maintain a good credit record. Minimum repayment amount = 65,438+00% cash advance principal 65,438+00% non-cash advance transaction principal 65,438+000% expenses 65,438+000% interest 65,438+000% over consumption 65,438+000% minimum repayment amount outstanding in the previous period. If "minimum repayment amount" is selected, you cannot enjoy the interest-free repayment period. From the bookkeeping date (usually the day after consumption), interest will be charged on all consumption in the current period, with a daily interest rate of 0.5 ‰ until you pay it off in full. If all the payable amount of this period is paid off before the due repayment date, you can enjoy the interest-free period of consumption. You can choose the repayment method according to the specific situation.

What is the minimum repayment amount of credit card in China Bank?

Calculation method of minimum repayment amount: minimum repayment amount = consumption amount within the credit line × 10% cash transaction amount borrowed in advance × 100% the unpaid part of the minimum repayment amount in the previous period × 100% all expenses and interests exceeding the use amount of the credit line × 100%

The above contents are for your reference. Please refer to the actual business regulations.

This concludes the introduction of the minimum repayment ratio of credit cards and how to calculate the minimum repayment ratio of credit cards. I wonder if you found the information you need from it?