Multiple banks offer credit cards that have an overdraft rate as low as 0%.

Recently, several banks have adjusted the standards for credit card overdraft interest rates, breaking the 0.05% overdraft interest rate standard. An announcement recently issued by Guangda Bank shows that the bank will adjust the standard for credit card overdraft interest rates from "daily interest rate of 0.35% to 0.5%" to "daily interest rate of 0%-0.05%, approximately converted to an annual interest rate of 0%-18.25% using simple interest calculation method". This optimization adjustment will officially take effect on September 29th. This means that in extreme cases, high-quality credit card users may be able to enjoy a minimum overdraft interest rate of 0%. A senior credit card expert revealed that in this round of adjustments, at least 6 banks have already optimized the standards for credit card overdraft interest rates in public disclosures or credit card acquisition agreements. "Facing the impact of low interest rates on consumer loans, the marketization of credit card overdraft interest rates can provide lower pricing for a portion of high-quality customers compared to the current standards. By considering the premise of healthy turnover of funds, using credit card overdraft payments to generate corresponding interest income for banks, this is a reflection of the differentiation in credit card business operations."