The credit card repayment date is generally 20 days. For example, if your bill date is the 1st, the repayment date will be the 20th. For example, if you swipe your card on June 10, your bill date will be July. 1st, and the last payment date is July 20th.

Credit cards must be repaid on time, and they must be repaid on time, otherwise a series of negative effects will occur. For example, late payment fees and interest will be incurred. There are two main reasons for interest:

Cash withdrawal interest: This kind of interest is generated when you withdraw cash. (To put it simply, cash withdrawal means that you take your credit card to the bank and withdraw money like a debit card, or you can obtain cash through online banking transfer, etc. It is also called a cash advance.) The interest for cash withdrawal is 0.5% of the daily interest rate. For example, if you withdraw 1,000 yuan, the interest will be 0.5 yuan per day. There are also handling fees for cash withdrawals, which vary depending on the card-issuing bank;

Interest on unpaid debt: If you fail to pay off the balance owed for this bill on the final payment date If the amount is high, interest will also be charged. The interest is also 0.5%. In addition, if your repayment amount is less than the minimum payment amount, you will be charged a late payment fee.

Note: If you default on repayment, compound interest will accrue. and affect personal creditworthiness. It will have a negative impact on future loans and other behaviors.