The due repayment date of credit card (also called the final repayment date) refers to the latest date when the credit card issuing bank requires the cardholder to return the payable amount. In other words, the due repayment date is the last day of the interest-free repayment period. Full repayment before the due date is interest-free. If it is overdue or only partially repaid, interest and late fees will be charged.

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 may face the following penalties:

1. All consumption funds will no longer enjoy 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. Receive phone calls and letters from banks;

3. Freeze the cardholder's account, and record the arrears back to the People's Bank of China for credit files, which will affect the cardholder's personal credit;

If the cardholder does not have enough money to repay in full on the due repayment date, please choose the minimum repayment amount of the credit card. In this way, you only need to repay 10% of the total cost each time, and although you have to pay interest, you can avoid personal credit damage.