The credit limit will be restored immediately after the credit card is repaid, so the credit card can continue to be used after the repayment is received.

The repayment due date is also called the final repayment date. If you do not repay in full before the repayment due date and do not choose the minimum repayment amount of your credit card to repay, you may face The penalties are:

1. All consumption payments will no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis based on the consumption amount as the principal from the day when the consumption occurs, with a daily interest rate of 0.5%. Collect compound interest on a monthly basis;

2. Receive reminder calls and letters from the bank;

3. Freeze your account and feedback your debt record to the people The bank will record it in your credit file, which will affect your personal credit;

If you really do not have enough money to repay in full on the due date, then please choose the minimum repayment amount on your credit card to repay. In this way, you only need to repay 10% of the total cost in each installment. This way, although there is no interest-free repayment period, your personal credit will be avoided.

Extended information:

According to the notice on the issuance of the "Credit Card Business Management Measures":

Article 17 allows cardholders to exceed the limit specified in these Measures and overdraft for consumption purposes within the period, the overdraft limit is 10,000 yuan for gold cards and 5,000 yuan for ordinary cards.

Article 18: The maximum overdraft period of a credit card is 60 days.

Article 19 Credit card overdraft interest will be calculated at a daily interest rate of 5/10,000 within 15 days from the date of signature or bank accounting date, and a daily interest rate of 10/10,000 for more than 15 days, and 10/10,000 for more than 30 days. Or if the overdraft amount exceeds the prescribed limit, the daily interest rate will be calculated at 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.

Article 41: Cardholders can use their credit cards to make purchases at specially appointed units. The corporate card shall not be used for the settlement of commodity transactions and labor supply payments exceeding 100,000 yuan.

Article 42: When cardholders make purchases with their cards, they must submit their credit cards and ID cards to the person in charge of the special agency. IC cards and photo cards are exempt from ID verification.

Article 43 When accepting credit cards, the handling staff of the special unit shall review the following contents:

(1) It is indeed a credit card that the unit can accept;

(2) The credit card is not included in the "stop payment list" within the validity period;

(3) There is no "Sample Card" or "Special Card" on the signature strip;

(4) The credit card has no traces of holes, corners, damage or alteration;

(5) The cardholder’s ID card or photo on the card matches the cardholder;

(6) The pinyin name on the front of the card is consistent with the signature on the back of the card and the name on the ID card.

Baidu Encyclopedia-Repayment Due Date