What does bank card overdraft interest mean?
After the credit limit of a credit card is used up, the interest generated by consumption with the card is still used. According to the inquiry of China Travel Service. Com, as of June 6, 2023, bank card overdraft interest refers to the interest generated by users using credit cards after the credit limit of credit cards is used up. If the user has overdraft interest, he only needs to pay it off before 24 o'clock on the repayment date. If the user has no funds to repay, he can apply for the minimum repayment amount, but he can't repay in installments.