China Merchants Bank credit card minimum amount
How much is the China Merchants Bank credit card minimum payments? China Merchants Bank credit card, the minimum repayment amount calculated? I love small make up the China Merchants Bank credit card minimum payment details.
China Merchants Bank credit card minimum payments for example:
If I brush 3000, in repayment choice a minimum payment, 10% or 300, no records of consumption next month, is it right? Next month's minimum payment is calculated according to 2700 of the 10%?
The calculation method for the minimum amount of:
China Merchants Bank credit card minimum payment of principal * 10%+ (interest and fees) × 100%; this month according to the bills 3000 10%=300 minimum payments, then the next minimum amount is 2700 × 10%+ cycle of interest about 320 yuan.
The cycle of interest rate = principal x 5/10000 (interest) x days A (consumer date to the repayment days) + (principal - has also amount) x 5/10000 (interest) x days B (the repayment date of next bill day)
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