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What is the minimum payment for a credit card?

If you are unable to repay the entire amount payable before the due repayment date (inclusive), you can repay according to the minimum repayment amount stipulated by the card issuing bank. Generally, the minimum repayment amount is 10% of the consumption amount. % and other types of payables. The repayment amount will be listed on the current bill of the credit card. The calculation method is "10% of the consumption within the credit limit + 100% of the cash advance transaction amount + the minimum repayment amount in the previous period." 100% of the repayment amount + 100% of the consumption amount exceeding the credit limit + 100% of the fees and interest.” Extended information

The minimum repayment amount is 10% of the consumption amount plus other required payments. Moreover, there is no need to apply to the bank for minimum repayment. Therefore, as long as the cardholder repays the minimum amount of the bill before the due payment date, no late payment fees will be incurred and the cardholder's personal credit will not be affected. You can rest assured about this. However, recurring interest will accrue. All consumption in the current period will accrue interest from the accounting date (usually the second day after consumption), with a daily interest rate of 0.05% until you pay it off in full.