1. Monthly billing statement means that the issuing bank will regularly summarize and settle all transactions and expenses of your credit card account in the current period, calculate the total amount owed and the minimum repayment amount in the current period, and send a statement for you. 18th of each month is the billing date of your credit card.

2. The due repayment date refers to the latest date when the credit card issuing bank requires the cardholder to repay the payables. "Repayment date is 6th" means that after the issuing bank issues the bill, you have to pay off all the expenses you spent before 6th.

Extended data

The due repayment date is also called the final repayment date. If you don't pay in full before the due repayment date, and you don't choose the minimum repayment amount of the credit card, you may face the following penalties:

1. All consumption funds will no longer enjoy interest-free repayment, and the bank will calculate interest on a daily basis with the consumption amount as the principal from the date of consumption, with a daily interest rate of 0.5 ‰ and compound interest on a monthly basis;

2. Receive phone calls and letters from banks;

3. Freezing user accounts and feeding back user arrears records to the People's Bank of China and recording them in user credit files will affect users' personal credit;

If you really don't have enough money to repay in full on the due date, please choose the minimum repayment amount of the credit card. If you repay in this way, you only need to return 10% of the total cost each time, so that although there is no interest-free repayment period, you can avoid personal credit damage.

Baidu Encyclopedia-Bookkeeping Date, Baidu Encyclopedia-Due Repayment Date