1. Although the repayment period is 3 days, it is recommended that the cardholder deposit the money in the card on the morning of the third day, so as to avoid the penalty interest caused by the bank funds not being liquidated in time at night.
2. It is worth mentioning that, although many banks implement tolerance repayment regulations for credit cards, the part exceeding 10 yuan will be penalized in full. The tolerance amount of Bank of Communications is 10 yuan, which means it is ok to pay less (or less) 10 yuan.
It is recommended to repay in full as far as possible to avoid unnecessary expenses.
Once overdue repayment occurs, it will cause certain harm:
1. The issuing bank will compound interest at the rate of 0.5 ‰ per day, plus an overdue fine. If the cardholder fails to repay the loan within the time limit, it will inevitably increase his economic burden.
Two, leave a "credit stain" on the credit record of the People's Bank of China, and it will be collectively rejected by LaSalle when handling other credit business. At that time, if users want to borrow money to buy a house, buy a car or apply for other credit cards, it is very likely that banks will collectively refuse loans on the grounds of "stain".
3. Cardholders will receive continuous reminders from the issuing bank or its agency, and may be sued to the court or even face jail.