What is a "zero bill"
In other words, pay off all credit card debts before the bank statement date. In other words, it was returned after you swiped the card and before paying the bill, which is equivalent to "no overdraft this month", so the amount payable in this period is zero. Results In the credit report, the "amount payable this month" is also 0. The core idea of "zero bill" is to reduce debt and use it for handling large credit cards or loans instead of withdrawing money, which is a wise choice.
What is the negative impact of credit card "0 bill" on personal credit?
One is to waste the interest-free period and increase the pressure of debt repayment. If the billing date is 10 day per month, the repayment date is 30 days per month, the consumption time is March 1 1 day, and the repayment date is April 30 days, the longest interest-free period is 50 days. If it is a zero-balance account, 1 1 fees must be paid off before 10 next month, with a maximum interest-free period of 30 days. Short interest-free period and short repayment period will inevitably increase the pressure.
In addition, it will also cause the card to be abnormal. Without a credit card, the bill is naturally 0, but people often use credit cards when operating 0 bills. If it is always paid off before the billing date and used after the billing date, the average consumption amount in the last six months will not be zero, while the total consumption bill will be zero. In this way, whether you use your credit card normally or deliberately "beautify your bill", it can be seen from the data that banks will naturally find anomalies.
It will also affect the amount of bank card approval. If the credit report shows that all the cards have zero bills, that is to say, you hardly use credit cards, then approving high-value cards is a complete waste of bank funds, and you can imagine how difficult it will be to raise the amount.