It is best to swipe the card after the bill is swiped. If the card is swiped after the bill is swiped, the repayment (repayment date) will not be required until about 45 days after the card is swiped. In other words, there is no need to repay for about 44 days.

Billing date:

The billing date means that the card-issuing bank will regularly summarize and settle all transactions and expenses that occurred in your credit card account in the current period every month, and calculate interest. Calculate the total amount you owe for the current period and the minimum payment amount, and send you a statement. This date is your credit card statement date.

Repayment date: (last date of repayment)

For non-cash transactions with credit cards, the period from the bank accounting date to the due repayment date is interest-free. Payment day.

The interest-free repayment period varies according to the regulations of each bank. The shortest is from the bill date to the last repayment date, and the longest is from the day after the bill date to the last repayment day of the next month. If the bill date is the 1st and the final payment date is the 20th, the minimum is 20 days and the maximum is 50 days.

During this period, as long as you repay in full the amount due on the current period's statement, you will not have to pay any interest on the funds advanced by the bank to the store for non-cash transactions (cash advances do not) Enjoy interest-free discounts).

Time limit:

1-3 days after the repayment date. Repayment within this period will be regarded as repayment on the repayment date, and no interest or fees will be incurred. , will not affect the credit report - this depends on the specific bank, not every bank has a waiting period, and the length of the waiting period is also different.

Card usage suggestions:

1. Find out the credit card bill date, repayment date and whether there is any time limit.

2. To be on the safe side, do not consume on the billing date (in the above example, October 7, November 7, or December 7). For some banks, the consumption on the bill date can be included in the next bill, that is, the consumption on October 7th. It does not need to be paid on October 27th, but on November 27th. However, each bank is different, so it is decided uniformly. Do not spend money on the bill date.

3. Reasonably arrange card use according to the billing date.