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How to calculate the billing date and repayment date of a credit card

The date should be If the bill date is the 10th of each month, and the repayment date specified by the bank is 25 days from the bill date, then the monthly repayment date will be the 25th day after the bill date , that is, the 25th of this month.

1. Billing date: The billing day is a fixed date in the credit card account settlement cycle in the banking system. It is used to summarize all transaction records between the previous billing date and the current billing date and generate a bill.

2. Repayment date: The repayment date is calculated from the bill date. The bank gives the cardholder a certain grace period for repayment. This grace period usually ranges from 20 to 25 days. The specific number of days Depends on the regulations of each bank. For example, if the bill date is the 5th of each month, the repayment date may be the 25th of the current month or the 5th of the next month, depending on the bank's specific policy.