If it is overdue, the handling fee and late payment fee will not be reduced. If the minimum repayment amount of the bill is not returned in time before the due repayment date, late fees and interest will be charged, and personal credit will also be affected. The overdue fine is 5% of the unpaid minimum amount, and the minimum amount is RMB 10 yuan or USD 1 yuan. Interest means that all consumption in the current period is charged from the bookkeeping date (usually the day after consumption), and the daily interest rate is five ten thousandths until it is fully paid off.

Extended data:

Precautions for credit card use:

If the credit card fails to repay according to the minimum repayment amount, it will not only deduct high interest, but also affect the personal credit record. If you want to borrow money from the bank or do something related to personal credit in the future, it will be more troublesome.

Generally, credit cards charge an annual fee, and banks also charge a certain service fee every year. However, due to the fierce competition among major banks, many banks have measures to offset the annual fee, such as 10 credit card spending can be exempted from the annual fee, and the annual fee can be exchanged for 1000 points. It is necessary to know clearly how the annual fee of the credit card used by users is calculated and charged, and whether there is any way to offset the annual fee.

Baidu encyclopedia-credit card

Baidu encyclopedia-credit card late payment fee