Learn Credit Cards Blog

According to relevant regulations of the People’s Bank, and if you exceed your credit card with a card, the bank will be collected over your credit limit part of the overrun costs of more than 5% of the credit limit.

In the final installment due date if the actual repayment amount less than the minimum payment, minimum amount to pay the late fees are not also part of. The proportion of fines by the unity of the People’s Bank of China provides for the minimum amount is not yet part of the 5%.

Banks should be required to repay cardholders a minimum amount of current, generally did not return for the total consumption of a certain percentage of the principal amount, all fees, interest, owed more than the amount of credit

On consumer credit card transactions from the bank account to between the due date for the interest-free repayment period.

Based on individual applications, the bank will be approved for the applicant a certain amount of the credit card that you can use the card the amount of credit card spending.

Refer to your credit card has not been held by the use of credit. Calculation method:

Monthly bank account on the cardholder’s credit card transactions incurred by the current period, costs were aggregated balance sheet, and bear interest, calculated current cardholders should also payment date.

Banks should be required to repay all of its cardholders should be the minimum amount of repayment or the last date. That is required to pay the last date the cardholder, if the delay will be charged late fees.

1, the credit card issued by the object units divided into individual cards and cards, personal cards divided into the main card and additional card; 2, according to credit rating and general cards divided into Gold; 3, according to the different currencies into a single currency cards (including RMB cards and single-currency international card) and [...]

The bank issued to the public, to give some credit cardholders, cardholders in the first post-consumer credit repayment credit payment instruments, with consumer credit, access, transfer and settlement features such as cash and cards.