Is it true that the principal is deducted from the credit card interest?

This situation is true.

The deduction of principal from bank credit card interest is a policy aimed at helping cardholders reduce the interest expenses caused by credit card arrears. Cardholders can choose to deduct part or all of the credit card interest charges from the outstanding principal, thus reducing the amount of outstanding principal.

Through the policy of deducting principal from credit card interest, cardholders can effectively reduce the interest burden of credit cards, encourage cardholders to take the initiative to repay, and strengthen their awareness of repayment.

Do you need to pay back the bad debts of the bank?

Bank of Shanghai private bank black card threshold

Is Ping An Bank 30 minus 8 reliable?

What is the customer service phone number for credit cards in Beijing?

How does Manager Ping An Jin get his account back?

Does Futian Ginza Rural Bank have a maximum credit card limit?

Relevant policies for Swiss students to apply for credit cards

Will the credit card bill date affect the loan?

For example, I found an intermediary to handle a credit card with a line of 5, yuan. I have cashed it out to do business, and I will return it every repayment date. I

What information is required for the first ICBC credit card interview?