Credit cards can be repaid before the bill date, but if you continue to use the card, the consumption will still be included in the current bill.
The billing date means that the card-issuing bank will regularly summarize and settle the various transactions and fees that occurred in your credit card account every month, calculate the interest, and calculate the total amount you owe and the minimum payment for the current period. amount and send you a statement. This date is your credit card statement date.
According to the notice on the issuance of the "Credit Card Business Management Measures":
Article 19 Credit card overdraft interest shall be calculated as daily interest within 15 days from the date of signing or bank accounting date. If the overdraft exceeds the prescribed limit for 30 days or the overdraft amount exceeds the prescribed limit, the daily interest rate will be 15%. Overdraft interest is not calculated in stages, but is calculated based on the highest interest rate bracket for the final term or the maximum overdraft amount.
Extended information:
According to the notice on the issuance of the "Credit Card Business Management Measures":
Article 29 Credit Card Articles shall specify the following:
(1) Name, type and issuer of credit card;
(2) Scope of use of credit card;
(3) Various handling fee standards;
(4) The rights, obligations and responsibilities of the card-issuing bank, the special agency, and the cardholder;
(5) Other matters required by the People's Bank of China.
Article 30: A commercial bank’s issuance of foreign currency credit cards and IC cards, as well as modification of credit card regulations, must be submitted to the People’s Bank of China for approval.
Article 31: All banks participating in the credit card business shall gradually carry out cooperation in acquiring, machines, information, card acceptance and other aspects when launching the credit card business.
Article 32 The head offices of all banks that offer credit card business must submit credit card business statistical reports to the People's Bank of China on a quarterly basis, and their branches and sub-branches that issue credit cards must submit monthly reports to the local branch of the People's Bank of China. Branch offices submit credit card business statistical reports.
Baidu Encyclopedia-Billing Day