Email:When a penalty fee is collected on a credit card because the cardholder fails to make minimum payment due by the payment due date, such a penalty fee may be collected for no more than three consecutive periods, and different amounts may not be collected for different intervals. No penalty fee may be collected for total amounts due of NT$1,000 or less, and standards for penalty fees collected shall reasonably reflect operating costs.

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Laws and Requlations Retrieving System of the Banking Bureau -
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