An example algorithm is as follows:
There is a PUFA credit card. The 5th of each month is the bookkeeping date, and the 25th of each month is the due repayment date. I only spent 5 1000 yuan on September 30th, and paid back the minimum repayment amount of 2000 yuan on June 30th, and then on June 30th 165438+1October 0th165438+. The interest charged is = 5 1000× 0.05 %× 32 (from September 30th to June 30th, 65438+1October 30th, 31)+(51000-2000).
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The calculation of the interest on the minimum repayment amount of Pudong Development Credit Card involves two stages, which are related to your repayment date, and also related to the billing date and due repayment date of your Pudong Development Credit Card.
1. Interest of the first installment = bill amount × interest rate × days (days from the day of swiping the card to the day before the minimum repayment);
2. Interest in the second stage = the remaining unpaid amount of the bill × interest rate× days (the days from the date when the minimum repayment amount is paid to the day before the debt is paid off).
Specific algorithm of minimum repayment amount of credit card of Shanghai Pudong Development Bank;
1. The minimum repayment amount of the credit card of Shanghai Pudong Development Bank is calculated according to a certain proportion of the actual repayment amount on your current bill, which is not fixed and will be displayed on your monthly credit card bill.
2. The minimum repayment amount of the credit card of Shanghai Pudong Development Bank = the unpaid part of the minimum repayment amount in the previous period+the part exceeding the credit limit in the current period +5% (the bill for the first month 10%)× the accumulated outstanding transaction amount in the current period+installment payment and telephone installment payment+the payable amount in the current period+the new interest and expenses in the current period.
3. In other words, the credit card of Shanghai Pudong Development Bank can enjoy the minimum repayment service for overdraft consumption and overdraft withdrawal within the credit limit, and only the formalities fees charged by the bank according to the standard cannot be used as the minimum repayment amount.
It depends on how much money you spent. The minimum repayment amount of a credit card means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period, which is listed on the current bill; If the credit card repayment amount is greater than or equal to the minimum repayment amount and less than the full repayment amount, the default is the minimum repayment amount; Credit card is also the minimum repayment amount, and the interest is calculated at 0.05%, starting from the day of consumption. 5. The specific calculation formula of the minimum repayment amount of the credit card of Shanghai Pudong Development Bank is: 5% of the current consumption amount+5% of the current overdraft withdrawal amount+unpaid amount of last month+interest and expenses of this month.