If the cardholder fails to repay before the due repayment date or the repayment amount is less than the minimum repayment amount, the Construction Bank will charge interest according to the regulations, and at the same time charge a 5% late fee for the unpaid part of the minimum repayment amount.
For example, answer:
Suppose the billing date of your credit card is the 7th of each month, and the final repayment date is the 25th of each month.
If you spend RMB 2,000 on May 1, the bill on May 7 will show that the amount payable in this period is RMB 2,000 (there is no other consumption after credit card consumption on May 1), and the minimum repayment is 200 yuan (65,438+00% of the current consumption amount).
If the cardholder only repays 200 yuan according to the minimum repayment amount before May 25th, the interest generated by the unpaid amount in the previous bill (including the interest generated by the revolving credit principal of 2,000 yuan for 23 days and the interest generated by the remaining principal 1800 yuan 14 days) will be shown on the bill on June 7th, that is, 2,000 yuan ×0.05%×23 days (May 2nd).
Extended data:
The interest on the minimum repayment amount of a credit card is calculated according to the daily interest rate of 0.5 ‰. The minimum repayment amount refers to the minimum repayment amount of a credit card every month, which is displayed on the bill of the credit card in the current month. If you can't pay off in one lump sum, you can pay off the minimum repayment amount on time before the final repayment date, without affecting your personal credit, but you can't enjoy the interest-free repayment period. Interest is charged on all consumption in the current period from the bookkeeping date.
References:
China Construction Bank Credit Card-Service Guide