Whether there is interest on CCB's credit overdraft depends on the specific situation:
1. If you overdraw with CCB's credit card, as long as you repay it within the interest-free period, no interest will be generated. Interest will be charged after the interest-free period, and the interest will be calculated at the daily interest rate of 0.05%.
2. If you overdraw cash with CCB credit card, you should charge interest.
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How to calculate the interest on credit card repayment of CCB?
If the credit card holder of CCB fails to repay all the repayable amount before the due repayment date (inclusive), he can repay it at any amount not lower than the minimum repayment amount, but the repayable consumer transaction money no longer enjoys the interest-free repayment period. Cardholders who borrow cash in advance do not enjoy interest-free repayment period. For the transaction money that the cardholder does not meet the interest-free conditions, CCB will calculate the interest from the bank bookkeeping date and compound the interest monthly. Unless otherwise specified, the daily interest rate standard defaults to five ten thousandths. If there is any adjustment, the upper limit of the daily interest rate is five ten thousandths, and the lower limit is 0.7 times of five ten thousandths (the upper limit is 18.25%, and the lower limit is 0.7 times of 18.25%, that is, 12.775%, and the conversion formula is annualized interest rate = daily interest rate. If there is any change in the relevant provisions of the People's Bank of China, such provisions shall prevail. Please refer to the actual interest listed on the bill.
(In case of business changes, please refer to the actual situation. )
How to calculate the interest on cash withdrawal of CCB Longka credit card?
The withdrawal limit of CCB is 30% of the credit limit, and your limit is 1 1,000 yuan. You can withdraw cash from 300 yuan.
There is no interest-free period for withdrawal, and interest will be charged as long as withdrawal is made. From the date of cash withdrawal, interest will be charged at the rate of 0.5 ‰ per day, and interest will be calculated at the rate of monthly compound interest, and a cash handling fee will be charged at a certain proportion of the cash withdrawal amount.
Cash withdrawal fee: within China: 0.5% of the cash withdrawal amount, with the lowest in 2 yuan and the highest in 50 yuan.
Credit cards are issued to cardholders by banks or credit card companies according to the credit and financial resources of users. Cardholders don't need to pay cash when using credit cards, they will make repayment on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to the credit card issued by the bank, which gives the cardholder a certain credit limit, within which the cardholder can spend first and then repay. A quasi-credit card refers to a quasi-credit card issued by a bank. The cardholder deposits a certain amount of reserve fund according to the regulations. When the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
The credit card stipulated in the relevant laws of China (Interpretation of the NPC Standing Committee on Credit Card Terms in the Criminal Law of People's Republic of China (PRC)) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc.
How much is the installment interest of CCB credit card?
Installment interest of CCB credit card: the specific number of installments is 3.6. 12.24. The monthly handling fee rate for the third phase is 0.0.7% (7%), and the formalities for 12 phase are 0.62% (62%).
Types include: dragon card, prestigious school card, dragon card, business card, dragon car card and so on. The types of credit cards are: Puka Gold Card and Platinum Card. 202 1 installment interest of CCB credit card, whether it is cash withdrawal or installment payment, the interest is calculated according to the circulating credit interest.
The interest calculation formula for installment repayment of CCB's credit card is: (minimum repayment amount for current consumption) 005 (the repayment date is subject to the actual repayment date). If you still pay in full before or on the repayment date, you can enjoy a 50-day interest-free period. If you pay the minimum repayment amount, there is no interest-free repayment period, and you have to pay interest. Interest is calculated from the day when the credit card is overdrawn. The daily interest rate is 0.5 ‰, and compound interest is charged monthly until you pay off the loan.
The extended data are as follows:
The application conditions and processing procedures of CCB's credit card installment purchase are as follows:
The installment payment service for car purchase provided by CCB Longka Credit Card means that the cardholder agrees to pay the down payment (the down payment is the net car price minus the approved amount) and applies to CCB for using its Longka Credit Card (excluding the remaining cards such as business card, student card, supplementary card and security card). After CCB approves the designated dealer to buy the family car, the actual installment amount will be divided into several installments, and the cardholder will repay the car monthly within the agreed time limit and pay a certain handling fee. Quality customers of CCB can handle other customers only with their ID cards. Other customers provide proof of work, income or assets according to their qualifications. Under special circumstances, CCB has the right to require customers to handle vehicle mortgage and other guarantee procedures according to business needs.
How much is the daily interest of China Construction Bank's credit card?
The credit card of China Construction Bank charges five ten thousandths of interest every day. However, interest will only be charged if the repayment is overdue, there is no full repayment, and the overdraft is withdrawn. In other cases, no interest is charged. If the cardholder only uses the credit card to spend money and pays back in full and on time, then he can enjoy the interest-free period and will not generate interest. Full repayment of consumption enjoys interest-free treatment of consumption. In other cases, the daily interest rate is calculated at five ten thousandths, and it is not clear whether it will change in the future.
1. The repayment date of CCB's credit card is 20 days after the bill date, that is, the shortest interest-free period is 20 days and the longest is 50 days. The holder can repay according to the minimum repayment amount stipulated by the issuer, and the minimum repayment amount shall not be less than 10% of the overdraft balance. If the holder pays off all the bill amount on the final repayment date, there is no need to pay any interest and late fees, and he can enjoy the interest-free period given by the bank. The cardholder will no longer enjoy the interest-free period if he fails to pay off all the bills in the current month. All expenses are calculated from the date of expenditure, with a daily interest rate of 0.05%, a daily interest rate and a monthly interest rate. If the cardholder fails to repay according to the minimum repayment amount (the minimum repayment amount is generally 10% of the monthly bill amount, and the repayment amount is greater than or equal to this amount, no late payment fee will be generated, and personal credit will not be affected), the cardholder shall pay a late payment fee. The overdue fine is calculated at 5% of the unpaid part of the minimum repayment amount.
2. How much is the credit card interest of China Construction Bank?
For example, on the 5th of the billing date and the 24th of the repayment date, you 1 spend RMB 3,000, on the 4th 1000, and on the 24th, 400 yuan. The calculation is as follows: 3000x0.05%x24 (days)+1000x0.05%X20 (days) =46 yuan, that is, as of the repayment date of this bill, your CCB credit card will generate 46 yuan interest (5/ 10000 interest will be charged every day thereafter).
3. When the user can't repay, the interest on the minimum repayment amount will be generated after applying for the minimum repayment amount. The daily interest rate is 0.05%. The interest calculation formula is 0.05% of the repayment amount. When the user fails to repay the loan, the bank charges interest on the overdue amount, with a daily interest rate of 0.05% and interest of 0.05% of the payable amount, and the monthly compound interest basis exceeds 30 days. When users use++++,interest will be charged for the withdrawal part, with the interest rate of 0.05% and the interest for one day of 0.05% of the withdrawal amount. Consumption before the bill date of each month can be paid off before the bill date of the current month and the first repayment date 20 days after the bill date, and you can enjoy interest-free treatment; Pay off the consumption after the bill date of next month before the first repayment date of 20 days after the bill date, and enjoy interest-free treatment; ++++There is no interest-free period, and there is a service charge. From the date of withdrawal, interest will be charged at 0.05% of the cash bill amount until the principal and interest are fully paid off. Therefore, it is not recommended to withdraw cash by credit card. Urgent need, should be repaid as soon as possible; The credit card repayment date is the final repayment date. Repayment can be made on any previous day or multiple times. However, even if the repayment date is overdue, it may affect personal credit and should be repaid in time.
How to calculate the credit card installment interest of China Construction Bank?
CCB's credit card does not charge installment interest, but only charges a handling fee.
CCB's credit card bills are generally divided into three periods, six periods, nine periods, 12 periods, 18 periods and 24 periods. According to the number of installments, the handling fee rate is different, and the average rate per installment is generally 0.6% to 0.8%. For example, if the installment amount is 1.200 yuan and the repayment is completed in 12 installments, and the handling fee rate is 0.6% per month, then the actual monthly repayment amount is 1.200 yuan 0.6% = 1.007.2 yuan.
The number of periods is divided into three periods, six periods, 12 period, 18 period and 24 periods.
The monthly handling fee rate is 0.75%0.70%0.60%0.60%0.62%.
Monthly handling fee = the handling fee rate of the total installment amount. After the installment, each billing date will be recorded and collected on schedule, otherwise it will be counted as a bad record in the credit information system even if it is overdue.
Extended data
If the user can repay within the specified repayment date after spending by credit card, there is no need to pay interest, but if the repayment operation is not carried out on the specified date, the interest will be calculated at the daily interest rate of 0.05% from the date of consumption, and CCB will regard the credit card user as overdue, which will affect personal credit.
If the repayment cannot be made in full within the specified time limit, CCB credit card users can apply for installment repayment, which does not require interest, but will charge a certain handling fee according to the number of installments. If the single consumption exceeds 1000 yuan, you can apply for three periods, namely, three periods, six periods and 12 periods, and the corresponding handling fees are 0.7%0.6%0.6% respectively.
The billing dates provided by China Construction Bank are 13, which are 2, 5, 7, 10, 12, 15, 17, 19, 22 and 23 respectively.
The bill of China Construction Bank can be revised. Everyone has a chance to revise the bill once a year. For example, the bill statement of a credit card user is 25th, and the repayment date is15th every month. However, since the monthly pay date of a credit card user is 20th of each month, the user can apply to China Construction Bank to change the bill statement to 2nd of each month, so the repayment date is 22nd of each month.
CCB credit card installment payment agreement and agreed terms
Let's stop here about the interest introduction of CCB credit cards.