Taking Guangfa Credit Card as an example, retail interest refers to the fees charged for not repaying in full and on time. The daily interest rate of each consumption in the bill is 0.5 ‰ from the transaction entry date, and the annualized interest rate is 18.25%, with monthly compound interest until the principal is paid off, with a minimum of 1 yuan/1 USD. Service fees such as liquidated damages, annual fees, cash withdrawal fees, and foreign exchange transaction service fees do not bear interest when overdue.

Example: If the billing date of the customer is 5th, the repayment due date is 25th, 65438+1 October1,the consumption is credited 1000 yuan, 65438+1October 25th, 65438+1October 25th.

The number of days of interest collection varies with the date of transaction input. If the interest rate changes, the notice of our bank shall prevail.

(Reply time: 2065438+August 20th, 2009. Please refer to the latest business changes announced by Guangfa official website. )