Bookkeeping date:
The billing date means that the issuing bank will regularly summarize and settle all the transactions and expenses of your credit card account in the current period every month, calculate the total amount owed and the minimum repayment amount in the current period, and send a statement for you. This date is your credit card bill.
Repayment date: (the last repayment date)
For credit card non-cash transactions, the interest-free repayment date is from the bank bookkeeping date to the due repayment date.
The interest-free repayment period varies according to the regulations of each bank. The shortest is from the billing date to the final repayment date, and the longest is from the day after the billing date to the final repayment date of next month. If the billing date is 1 day and the final repayment date is 20 days, the shortest is 20 days and the longest is 50 days.
During this period, as long as you pay off the current payable amount on the current statement, you don't have to pay any interest on non-cash transactions (you don't enjoy interest-free discount if you borrow cash in advance).
Allow time:
65438+ 0-3 days after the repayment date, the repayment within this period is regarded as the repayment date, which will not generate any interest and expenses, and will not affect the credit investigation-depending on the specific bank, not every bank has tolerance time, and the tolerance time is different.
Card suggestion:
1. Find out the bill date, repayment date and whether you have time.
2. To be on the safe side, don't spend money on the day of the bill (the above example is 65438+ 10/7 October, 65438+0/7 February). In some banks, the consumption on the day of the billing date can be included in the next bill, that is, the consumption on June 7 10, and 10 on June 27 instead of returning it on October 27. But each bank is different, so it is unanimously decided not to spend on the billing day.
3. Arrange the card according to the billing date.
How to calculate the interest-free period for credit card consumption on the same day?
Many people say that "it is best not to spend money on the day of the bill". In fact, the reason for saying this is mainly because credit cards have an interest-free period. For example, a credit card has a repayment date and a billing date. Under normal circumstances, all consumption amounts on or before the last billing date are interest-free before the repayment date. For example, if the billing date of each month is 15 and the repayment date is the 2nd of the following month, then the period from 15 of this month to the 2nd of next month can be said to be an interest-free period. In this way, every consumption has an interest-free period ranging from 20 days to 56 days.
So bookkeeping day is a watershed. The consumption treatment of the statement date of each bank is different. Some banks count the consumption on the billing date as the current bill, that is, they can only enjoy interest-free time of about half a month at most. However, there are also some banks that spend money on the day of the billing date and count it as the next bill, so there will be more than one month's interest-free time. Most people don't know the billing cycle of each credit card. In order to avoid this situation, it is said that it is best not to spend on the day of the bill, so as not to be included in the current bill.