Current location - Trademark Inquiry Complete Network - Overdue credit card - Is the Credit Union’s Funong Card a credit card? Does it require repayment every month just like a credit card?
Is the Credit Union’s Funong Card a credit card? Does it require repayment every month just like a credit card?

Yes.

According to the provisions of Article 4 of the "Harvest Credit Card and Funong Card Receipt Agreement (2017-2 Edition)"

Customer transactions other than cash withdrawals and transfers will start from the bank accounting date The interest-free repayment period is up to and including the payment due date (inclusive) notified on the statement. The repayment due date is the 25th day after the statement date. If the customer repays the entire repayment amount listed on the statement before the repayment due date (inclusive), the customer does not need to pay overdraft interest for transactions other than cash withdrawals and transfers.

Customers can repay according to the minimum repayment amount stipulated by the card issuer.

The minimum repayment amount is the minimum amount stipulated by the card issuer that the customer should repay. The minimum repayment amount = (bill balance of the current period - unpaid interest of the current period - unpaid fees of the current period - amortization of the current period) Unpaid amount - the unpaid portion of the minimum repayment amount in the previous period) * 100 Unpaid interest in the current period Unpaid expenses in the current period Unpaid amount amortized in this period The unpaid portion of the minimum repayment amount in the previous period.

Extended information:

Relevant provisions of the "Harvest Credit Card Funong Card Receipt Contract (2017-2 Edition)"

The customer failed to repay the loan when due Those who repay in full before the date (inclusive) (except if the unpaid portion of the previous period's repayment amount is less than or equal to 10 yuan) will not enjoy the interest-free repayment period.

If you do not enjoy the interest-free repayment period, the repaid portion will be charged interest from the bank accounting date to the repayment date based on the overdraft interest rate, and the unpaid portion will be calculated based on the overdraft interest rate from the bank accounting date. interest.

If the unpaid portion of the previous period's repayment amount after repayment is less than or equal to 10 yuan, the remaining unpaid amount that belongs to cash withdrawal and transfer transactions will continue to accrue interest at the overdraft interest rate from the bank accounting date, except The outstanding portion of transactions other than cash withdrawals and transfers is interest-free.

If the customer fails to repay the minimum repayment amount before the repayment due date (inclusive), in addition to paying overdraft interest, the customer shall also be charged according to the fee schedule for the unpaid portion of the minimum repayment amount. Standard payment of liquidated damages.

Zhejiang Federation of Rural Credit Cooperatives-Fengshou Credit Card Funong Card Application Contract (2017-2 Edition)