When will the credit card bill be issued?

Generally, consumption before the bill date of this month will be included in this month's bill and will be billed on the bill date of this month

How long it takes for a statement to be issued after a credit card purchase mainly depends on the statement date of the card and the cardholder's purchase date. Generally, consumption before the bill date of this month will be included in this month's bill and debited on this month's bill date, and then the customer needs to repay on time before the repayment date of this month (inclusive).

Consumption after this month’s bill date is usually included in the next period’s bill and will not be billed until the next month’s bill date. Customers only need to repay on time before the next month’s repayment date (inclusive).

According to the consumption time, customers can enjoy an interest-free period ranging from 20 days to 50 days, up to 56 days.

Assume that the billing date of a customer's credit card is the 2nd of each month and the repayment date is the 27th of each month. Then his consumption after the 2nd of the previous month and before the 2nd of this month will be on the 2nd of this month. The account will be debited on the 27th of the next month (inclusive), and the payment must be made before the 27th of the next month (inclusive). The consumption after the 2nd of this month and before the 2nd of the next month will not be debited until the 2nd of the next month. Customers must pay the account on the 27th of the next month (inclusive). ) (you can choose to pay it off in full, or by installment or minimum payment).

The bill will be issued a few days after the China Merchants Bank credit card payment

Consumption made on the China Merchants Bank credit card statement date will generally be included in the next month's bill, and you can enjoy an interest-free period of nearly 50 days. In the end, please refer to the actual bill display (except for cash advances).

For example: the credit card statement date of a cardholder is the 1st, and the due date for repayment is the 20th. Cardholders made purchases with their cards on November 5th, 12th, and 30th. At this time, the bank will summarize and settle the user's consumption amount on December 1st.

Since the billing date usually refers to the billing date, the billing data is as of 23:59:59 the night before the billing date. That is, consumption starting at 0 a.m. on the billing day will be included in the next bill.

About the recording of consumption amount on the credit card statement date:

1. Under normal circumstances, the consumption amount on the credit card statement date of China Merchants Bank is calculated into the next statement; for example: the statement date is 1 On the 25th of the month, the consumption on the 25th is generally not recorded until the 26th, and will be included in the next period's bill. That is, the payment will be due on February 23rd.

2. The consumption on the Bank of China credit card statement day will be calculated into the next bill; for example: if the credit card statement date is the 7th, and a purchase is made on July 7, the amount of consumption will be on August 7 To settle the bill, the final payment date is August 27th. Please refer to the bill you receive for specific details.

3. The consumption on the Bank of Communications credit card statement day will be calculated into the next bill; for example: the credit card statement date is the 10th, and a purchase is made on July 10th, the amount of consumption will be on August 10th. To settle the bill, the final payment date is September 5th. Please refer to the bill you receive for specific details.

4. The calculation methods of each bank are different. Some banks with fast payment will be included in the current month, such as Shanghai Pudong Development Bank, while some banks with slower payment will be included in the payment on the next bill day. Such as China Merchants Bank and Bank of Communications. All banks are not uniform. To be on the safe side, it is recommended that the payment be made on the day after the statement date to avoid overdue payment due to different banks.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed.

Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.

The application form is accompanied by a contract for using the credit card. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have an application A person's autograph.

How long does it take for a credit card to issue a bill?

Generally speaking, if a consumer spends money with a credit card on the same day, the bank will record it the next day. Therefore, if the cardholder spends money on the credit card statement, Spend money on the same day, and the amount of his consumption will be recorded in the next credit card bill, that is to say, the overdraft amount on the last repayment day of the next month will be repaid

Credit cards are also called debit cards , is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

According to different card issuers, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card.

This type of card can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards

Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal entities.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards

Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card.

Gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

This is the end of the introduction about the benefits of credit card billing and repayment before credit card billing. I wonder if you found the information you need?