1) Consumption before the bill date is included in the current bill and returned before the current repayment date;
2) Consumption after the bill date should be included in the next bill and repaid before the next repayment date.
ICBC credit card has a repayment date, which is actually the final repayment date, because ICBC has no grace period.
On 20 13, the Bank Card Professional Committee of China Banking Association published the revised China Bank Card Industry Self-discipline Convention.
First, member units are required to provide cardholders with "time-tolerant service" and provide cardholders with a certain period of repayment grace period service, with a repayment grace period of at least 3 days from the due repayment date; If the cardholder repays within the repayment grace period, it is deemed that the cardholder repays on time.
Second, member companies are required to provide "tolerance service" for cardholders. If the cardholder fails to repay in full in the current period, and the unpaid part in the account after the due repayment date is less than or equal to a certain amount (at least equivalent to RMB 10 yuan), it is deemed that the cardholder has repaid in full, and the unpaid amount will be automatically transferred to the next bill.
ICBC's credit card repayment fails to implement the "time tolerance" regulation, and its credit card has no "time tolerance" and "tolerance" services. In other words, the grace period of ICBC credit card repayment is 0 days.
Tip:
1. If the cardholder of ICBC credit card fails to repay after the repayment date, it will not only charge 0.05% interest and 5% late fee every day, but also cause the credit card to be overdue.
2. In order to avoid overdue credit cards, cardholders who really can't pay off ICBC's credit card debts can apply for credit card installment or use the minimum repayment amount to repay.