Minsheng bank credit card pays the minimum repayment amount of his message every month, so there is no interest?

If the credit card is repaid according to the bill, the bank will give the cardholder two repayment options, one is full repayment and the other is minimum repayment.

If you pay in full before the due repayment date (the difference 1 cent is not full repayment), then all credit card purchases will enjoy interest-free.

If the minimum repayment amount is paid before the due repayment date, all consumption will not enjoy interest-free. From the billing date (consumption date), interest will be charged for each consumption at the rate of 0.5 ‰ per day, and accumulated to the billing date. All consumer arrears and interest will be counted as the principal of arrears, and then interest will be recalculated (that is, interest will be counted as the principal and compound interest will be charged). But it has no adverse effect on personal credit.

If the repayment is not made or the minimum repayment amount is insufficient before the due repayment date, the interest calculation method is the same as above, and a late fee will be charged and recorded in the bad credit record.