1. You can apply for an interest-free period. In the past, the interest-free period of credit cards was only 25 days, but in 2022, you can apply for a maximum interest-free period of 56 days according to your own needs.

2. The minimum repayment amount can be made. Credit card holders can reach a mutually acceptable minimum amount with the bank. When paying the money, the bank will not charge any fees for overdue payment and interest.

3. Overdraft interest rate range can be modified. In the new regulations, the overdraft interest rate of banks is adjusted to 0.035%~0.05%. Generally speaking, the problem of credit card users' arrears will be greatly improved, but when using credit cards, we must pay attention to repayment to avoid bad credit records due to overdue.

What if someone dies and the credit card owes a lot of money?

You still have to pay back your credit card after you die. However, credit card repayment funds come from the following sources:

(1) Credit card holders' own property can be used to pay off debts by other means;

(2) Family members with credit card repayment ability can help with repayment;

(3) For the credit card holder's account balance, the bank has the right to directly deduct it;

(4) On the premise of no property, if the insurance policy such as accidental death is handled, the bank has the right to deduct the policy funds after they arrive.