2. The billing cycle of most bank credit cards starts from the second day after the last billing date to this billing date, that is, the billing date is the last day of a billing cycle. Therefore, if you swipe your card on the billing date, whether it is specifically credited to the current bill depends on the billing time of this transaction.
If it is recorded on the same day, it will be settled in the current bill, and the repayment date will be 18-20 days after the bill date (the specific time depends on the regulations of each bank), and the interest-free period is very short.
3. If the bill is booked in the future (in rare cases), the interest-free period will be longer for the next month's settlement, depending on the clearing time of the merchant and the bank. However, a few banks define the bookkeeping date as the beginning of a bookkeeping cycle, so transactions on the bookkeeping date can enjoy the longest interest-free period.
Extended data
Bills can be sent in the following ways:
1. Paper bills
Conservative Party's choice, delivery time: around the third day of the invoice date. It will be sent to the predetermined billing address by ordinary mail.
2. Email bill
The email owner's choice will be sent on the second day of the billing date and will be sent to the reserved email address. As the most convenient, fastest and environmentally friendly billing member, we sincerely recommend her to you. Send the short message "DZDTX # card number # 4 digits after the mailbox" to 95580 to modify it into an email bill and update the mailbox.
3. Bill SMS
Reminders that cannot be ignored will be sent on the 10 day of the billing date. Send to the reserved mobile phone number. If you still haven't received the bill within 10 days after the bill date, you can check the bill through online banking, mobile banking, WeChat banking, self-service voice, customer service hotline and other channels to avoid delaying repayment.
If you don't pay in full before the due repayment date, and you don't choose the minimum repayment amount of the credit card, you will face the following penalties:
1. All consumption funds are no longer entitled to interest-free repayment, and the bank will calculate interest on a daily basis with the consumption amount as the principal from the date of consumption, with a daily interest rate of 0.5 ‰ and compound interest on a monthly basis.
2. Received a phone call from the bank and a dunning letter.
3. Freezing accounts and feeding back arrears records to the People's Bank of China and recording them in credit files will affect personal credit.
Baidu Encyclopedia-Bookkeeping Date
Baidu Encyclopedia-Credit Card Maturity Repayment Date
Baidu Encyclopedia-China Bank