What is the minimum repayment of industrial and commercial credit cards?

Minimum repayment amount of ICBC credit card

If it is a credit card, please log in to mobile banking and click the function of "Credit Card-Immediate Repayment" to check the minimum repayment amount of the credit card. If the minimum repayment amount shows 0, the minimum figure is enough. If there are foreign currency accounts, please check them separately. Update the minimum repayment data the next day.

Tips:

1. If only the minimum repayment amount is paid, ICBC will charge overdraft interest at the rate of 0.5 ‰ per day for the unpaid part (excluding service fee) from the bank bookkeeping date to the repayment date, and the overdraft interest will be compounded monthly.

2. Execution tolerance and full penalty interest for some products: If the current payables are not fully repaid, the current overdraft payables will no longer enjoy the interest-free repayment period, and overdraft interest will be charged for the current overdraft payables from the bank bookkeeping date to the repayment date (excluding service fees).

(Answer time: April 2, 20221. In case of business changes, please refer to the actual situation. )

How to pay the minimum repayment amount of ICBC credit card?

The minimum repayment amount of ICBC's credit card is usually shown on the monthly bill, but with the minimum repayment amount, all consumers can't enjoy the interest-free period. The minimum repayment amount of ICBC's credit card includes the sum of the minimum repayment amount of the previous bill and the daily overdraft balance of the current statement 10%.

Interest is not charged on the minimum repayment amount of ICBC's credit card, but interest is charged on the unpaid part from the entry date (the specific entry time after consumption) to the time when the cardholder pays off the debt, and the interest is calculated at the rate of five ten thousandths per day.

The use of the minimum repayment amount is very unfavorable to cardholders. The bank will think that there is something wrong with the cardholder's repayment, which is not good for raising the fixed credit limit in the future. Moreover, the use of the minimum repayment amount will also occupy the credit line. Only monthly repayment will partially restore the limit every month, which will affect normal consumption.

In fact, you can borrow money from friends and relatives when your credit card is unable to repay, and then pay it back when the funds are sufficient. In order to prevent yourself from not being able to repay on time on the repayment date, you must use credit cards in moderation and not exceed your tolerance.

Consumption should be based on one's ability.

Is there a minimum repayment amount for ICBC credit cards?

Yes Minimum repayment amount of ICBC: refers to the minimum amount that the cardholder should repay before the due repayment date (inclusive). Calculation method: the minimum repayment amount of each installment = 10% of the amount of unpaid general transactions (overdraft consumption, overdraft withdrawal and overdraft transfer other than installment payment, and related interest and expenses, etc.). ) In the statement+100% of all unpaid installments, overdraft withdrawals and overdraft transfers+the minimum repayment amount of the previous bill.

The credit cards issued by China Industrial and Commercial Bank are uniformly named Peony Card. According to ICBC's credit cards, there are the following types:

"Peony Credit Card": small overdraft cash with deposit interest. There is no interest-free period for consumption. Mainly used for deposits and overdraft cash. The credit limit of ordinary card is 5000 yuan, and the credit limit of gold card is 10000 yuan. )

"Peony Credit Card": the deposit bears no interest (there is an interest-free repayment period of 25-56 days, depending on your consumption date, and you can overdraw cash). The credit line of ordinary card is 3000-20000 yuan, and the gold card 10000-50000 yuan.

"Peony International Card": It has all the functions of "Peony Credit Card", except that Peony International Card has RMB and USD accounts.

"Peony Platinum Card": It has all the functions of Peony International Card and enjoys various VIP services and airport boarding services. The credit line is 500 million yuan-100000 yuan.

If you want to open the online payment function, it is suggested that you don't need a credit card, just an ordinary ICBC Peony E-Times card and open online banking. The specific purposes are as follows:

1. Divided into brand cards such as Peony UnionPay Card, Peony Visa Card, Peony MasterCard, Peony American Express Card and Peony JCB Card.

2. It is divided into corporate (business) cards and personal cards according to the issuing objects, in which personal cards are divided into main cards and subsidiary cards attached to the main cards (subsidiary cards).

3. According to the repayment responsibility, it can also be divided into corporate responsibility business card, corporate responsibility personal card and personal responsibility personal card.

4, according to the credit rating is divided into platinum card, gold card and ordinary card.

5. According to the account currency, it is divided into RMB card, dual-currency card and multi-currency card.

6, according to whether the joint name (identity) is divided into joint name (identity) card and non-joint name (identity) card.

7. According to the information carrier, it is divided into magnetic stripe card, chip card and magnetic stripe chip composite card. Mudan international credit card

Peony International Credit Card is an international credit card product launched by Industrial and Commercial Bank of China. International cards are commonly used at home and abroad, and are settled in RMB and a designated foreign currency. Peony International Card adopts the circulating credit transaction mode, and overdraws consumption within the credit limit. If you repay in full before the due date, you can enjoy the interest-free repayment discount. This card is universal.

How to calculate the minimum repayment interest of industrial and commercial credit cards?

The minimum repayment amount of ICBC's credit card is 10% of the bill amount. After the minimum repayment, the daily interest of 0.5% shall be calculated according to the balance of the bill until the principal and interest are paid off. Pay attention to the following points when using credit cards:

1. If you spend before the monthly bill, you can pay it off before the sunrise bill and the first repayment date after the bill, and you can enjoy interest-free treatment;

2. If the consumption after the monthly bill date is paid off before the first repayment date after the next month's bill date, you can enjoy interest-free treatment.

3. There is no interest-free period for credit card withdrawal, and there is a handling fee. From the date of withdrawal, the interest shall be calculated at 0.5 ‰ of the bill amount until all the principal and interest are paid off, so the credit card withdrawal should be repaid as soon as possible;

4. The repayment date of the credit card is the final repayment date. You can repay any day before, and you can repay many times. But even if it is overdue after the repayment date, it may affect personal credit, so it is necessary to repay it in time.

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Extended data:

ICBC's credit card costs 4,000 yuan in the current month (1-3 1 whichever day), and there is no interest before the repayment date on the 25th of the following month.

But it must be repaid in full at maturity. If you want to apply for the minimum repayment (credit card installment), you must bring your ID card and credit card to any local ICBC outlet for installment repayment.

ICBC will not take the initiative to handle the installment repayment business for cardholders after credit card consumption, but cardholders must take the initiative to apply (two ways, one is to handle it at any branch counter and the other is to handle it by telephone at 95588. Reminder: 95588 customer service staff will check whether the consumption record is true! ! )

All banks have the same interest rate. If it is overdue, the overrun fee of 1% will be deducted. In the previous example, the over-limit fee of 4,000 yuan is 400 yuan, which is calculated on 25th of each month, and no repayment is made before 25th. If it is overdue, the balance in the card will be-4,000 yuan after overdraft every day, and the credit product will increase by 4,000 yuan every day. The accumulated credit product will be multiplied by the credit product when calculating the interest.

References:

Baidu encyclopedia-minimum repayment amount

How to calculate the minimum repayment amount of ICBC credit card?

The minimum repayment amount of ICBC's credit card = "65438+ 00% of the overdraft consumption amount not repaid in the statement", "65438+000% of the installment payment, overdraft withdrawal and overdraft transfer amount not repaid in the account"+"the amount not repaid after the minimum repayment amount of the previous bill".

Without the latter two expenses, only 10% of the current bill overdraft consumption amount needs to be repaid. Generally, after the minimum repayment amount of ICBC's credit card is returned, interest will not be calculated for the portion returned before the repayment date, and overdraft interest will be generated for the portion not returned from the credit card billing date to the repayment date at the rate of five ten thousandths per day. It should be noted that the specific minimum repayment amount of ICBC credit card is subject to the electronic statement or paper statement sent by ICBC.

ICBC credit card processing conditions:

1. Aged 18 years old (inclusive);

2. Have full capacity for civil conduct.

3. The work unit or fixed residence is in the location of the card issuer; 4. The income is stable, higher than the local average.

Consumers who meet the above conditions can apply for Peony Credit Card at any branch of your local Industrial and Commercial Bank. In addition, after the credit card is successfully processed, no more than two supplementary cards can be processed for the spouse, parents or children above 13.

Materials required for ICBC's credit card processing:

1. Personal valid identification documents, such as resident ID card, military officer's card, soldier's card, armed police officer's card, etc. ;

2. Proof materials that can prove or prove the solvency, income level and credit status, such as personal income tax certificate, social security fund account payment certificate, credit certificate of other banks, employment certificate or income certificate issued by the unit, qualification certificate issued by ICBC cooperation unit, etc.

ICBC Credit Card Handling Process You can handle ICBC credit cards through online, income banks, business outlets and other forms. The process is as follows:

Operating environment:

Brand model: iPhone 13

System version: iOS 15.0

App version: v7.0. 1.2. 1

1. entrance: log in to ICBC official website and select "Credit Card-I want to apply for a card" to operate.

2. Online banking: operate through online banking "Credit Card Service-Credit Card Application".

3. Mobile banking: log in to mobile banking and select Favorites-Credit Card-Apply for Credit Card.

4. Ronglian: Download Ronglian App, log in to Ronglian and click "ICBC Credit Card-I want to apply for a card" to operate.

5. Business outlets: Just fill in the information and apply for a credit card at a local business outlet with valid ID and financial proof.

How long does it take ICBC to apply for a credit card?

Generally, ICBC will issue a new credit card within 15 natural days. After 5 working days of successful account opening, collect it at the designated business outlets with valid identity documents; The card is picked up by mail and delivered within 7- 15 working days. Please pay attention. To apply for a card online, please bring your valid ID card to the designated card collection outlet after receiving the SMS notification. If you haven't received the card receipt notice or card for a long time, it is recommended that you call 95588 to contact the manual service consultation.

How much is the credit card processing fee of ICBC?

At present, there is no charge for handling ICBC credit cards. The cost of issuing new cards for standard chip cards is 5 yuan/card. If you apply for a chip card, please refer to the actual situation of local outlets to determine whether to charge a fee.

How to calculate the minimum repayment amount of ICBC credit card

The minimum repayment amount of ICBC's credit card = the sum of the outstanding part of the minimum repayment amount of the previous bill and the overdraft balance of the current statement 10%.

In other words, your minimum repayment amount this month is 65,438+00% of the total amount of your latest credit card, plus the unpaid amount last month (if the minimum repayment amount was not paid last month), and finally, plus interest.

Note: The minimum repayment amount of ICBC's credit card is calculated from the date of consumption, not from the date of final repayment. Please pay special attention to this. The minimum repayment amount of ICBC's credit card is not interest-free, and the interest is calculated at the daily interest rate of five ten thousandths.

According to the 20 13-20 17 "Report on in-depth investigation and investment strategic planning of credit card industry in China", since 20 10, the Chinese government has implemented a prudent monetary policy and adopted a series of moderate austerity measures, which shows that macro-prudence and strengthening capital supervision have become the core of banking supervision in China.

Various tight money supply operations and capital constraint policies have had a profound impact on the liquidity level, credit supply rhythm and structure of China commercial banks. According to the analysis, the evolution of industry structure is the further optimization and diversification of product structure, and the increase of research and development of new industry standards and mobile payment; Deepen credit penetration; Staging business is developing in depth.

China's credit card market is still one of the fastest growing product lines in China's personal financial services market. Although the economic benefits of the industry are full of challenges, in the next 65,438+00 years, the average annual growth rate of credit card issuance in China will remain at around 65,438+04%, and the profitability will also be improved. It is predicted that the cumulative number of credit cards issued in China will exceed 800 million in 2020.

Credit card installment payment refers to the business that when a cardholder uses a credit card to make a large amount of consumption, the issuing bank pays the consumption funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and deducts the consumption funds from the cardholder's credit card account in stages according to the cardholder's application, and the cardholder repays the money according to the monthly recorded amount.

Most domestic banks have credit card installment business. Installment payment is generally divided into POS installment, "mail order installment" and bill installment according to different occasions.

This concludes the introduction of the minimum repayment amount of industrial and commercial credit cards and the minimum repayment amount of industrial and commercial credit cards. I wonder if you have found the information you need?