1. Time-sensitive service of China Bank Credit Card
Time-sensitive service refers to the preferential period service provided by China Bank for cardholders for a certain period, starting from the due repayment date of cardholders; If the cardholder repays within the preferential period, it shall be deemed that the cardholder repays on time.
BOC Credit Card provides a repayment grace period of at least 3 days. If you can't repay the loan on time due to business, you will pay it off within 3 days after the due repayment date, and no interest will be charged. For example, if Mr. Wang's due repayment date is 27 days, plus a three-day repayment grace period, Mr. Wang's repayment before January 3 will not generate overdraft interest.
Tips:
In order to avoid the cardholder's overdue repayment due to the delay in repayment, China Bank provides a time-sensitive repayment service for credit cards. Therefore, it is suggested that cardholders should repay on time instead of deliberately repaying within the grace period of China Bank's credit card repayment, so as to avoid being charged interest due to the delay in repayment, resulting in bad records.
II. Credit card tolerance service of China Bank
Tolerance service refers to that when the cardholder makes insufficient repayment within a certain period of time, and the unpaid part in the account within this period is less than or equal to a certain amount, it shall be deemed that the cardholder has fully repaid, and this unpaid part will be automatically transferred to the next bill.
BOC Credit Card provides 1% tolerance for repayment. If you fail to repay a small sum of money because you forgot to repay, it will be regarded as full repayment in the current period, and no interest will be charged. For example, if you owe 1,1 yuan and only pay 1, yuan, and 1 yuan has not paid it back, then the next bill will not generate overdraft interest.
Tips:
China Bank introduced the credit card tolerance repayment service to avoid the phenomenon that the cardholder neglects the number of digits or two digits after the decimal point when repaying, which leads to the phenomenon that the bank can't repay in full, but Xiao Bian suggested that it is best to pay an extra 1 yuan each time, because now cardholders generally hold an extra credit card, and not all banks can provide tolerance repayment service. If you accidentally miss a few dollars and get full interest, you will be charged.