In fact, the penalty interest of credit card is due to the fact that the user fails to repay the credit card bill according to the regulations, which leads to the overdue penalty interest of credit card. In this case, users should repay in time and take the initiative to contact the bank to explain the non-malicious overdue, otherwise it will have a certain impact on personal credit information.

Under normal circumstances, the credit card penalty is 5% of the unpaid part of the minimum repayment amount, and the charging method is one-off. For example, suppose a user overdraws 654.38+00000 yuan with a credit card, and the minimum repayment date is 654.38+0000 yuan. Users will only pay back 300 yuan when it is due, and 700 yuan will be charged 5% penalty according to 35 yuan before it can be paid back.