But the billing date and repayment date of each credit card may be different. After all, most banks allocate the billing date of the card by the system, and then calculate the repayment date according to the allocated billing date.
For example, the repayment date of ICBC's credit card is the 25th day after the billing date, and the billing date mainly includes 1 and the 8th to 26th, which is randomly assigned by the system. If the billing date of an ICBC credit card held by someone is 1, the repayment date is 25th.
We also need to note that although the billing date and repayment date of the credit card are determined when the bank issues the card, the cardholder can also make changes. Many banks allow cardholders to modify the bill statement of their own cards, but it is basically only modified once every six months.
Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate).
The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information.
And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate.
A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.
The main features of credit cards:
Credit card is one of the fastest-growing financial services, which can replace the traditional cash circulation to a certain extent.
Credit cards have both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;
Credit card is a high-tech product integrating financial business and computer technology.
Credit cards can reduce the use of cash and money;
Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
Credit card can simplify the collection procedures and save social labor;
Credit cards can promote commodity sales and stimulate social demand.