The calculation method of repayment date of each bank is generally related to the billing date. Most banks have an interest-free period of 50-56 days. How was this date worked out? I like to use cards to explain how these dates are calculated one by one:

The bill date is the date when the bank sends you the consumption bill every month.

The monthly billing date of CITIC Bank International Credit Card (dual currency) is generated by the system, and the billing date of each cardholder is fixed and cannot be changed.

The repayment date is the deadline for paying off the arrears of this period after the monthly bill comes out.

The credit card repayment date of CITIC Bank is 19 days, which means that the longest interest-free period is 3 1+ 19 = 50 days.

If your bill date is this month 1, then your repayment date should be around the 20th of this month.

If you don't pay off all the debts before the repayment date, you have to pay interest. The minimum repayment amount is generally 65438+ 00% of the arrears+interest. If you don't pay off the minimum repayment amount, you have to pay a late fee.