2. If the funds are insufficient in a short time, or overdue for more than two days, you can take the initiative to call the bank's credit card customer service and inform the repayment time. Under normal circumstances, banks will not report to PBOC before the 28th of that month. Because PBOC collects data at the end of each month. No bank is willing to enlarge its overdue rate at the Bank of China.
3. Although some banks are canceling the three-day grace period for credit card repayment, from a practical point of view, if the repayment can be made within three days after the repayment date of the credit card bill, most banks will still regard it as normal repayment.
4. From the perspective of personal credit, it is still necessary to develop the habit of timely repayment and try not to be overdue. Because today is a credit society, too many overdue times will affect other businesses of banks, such as mortgage and car loan.
Credit card tips 1: Learn to read bills.
Open your credit card bill, which records your monthly expenses in detail. If you can't read these details well, it will be difficult to know your repayment clearly. There are many proper terms on credit card bills, such as cash advance limit, credit limit, current bill date and so on. What everyone needs to know most is the last repayment date and the minimum repayment amount in this period. The final repayment date of this period is the final repayment period stipulated by the bank, and repayment beyond this period will be regarded as a breach of contract. The minimum repayment amount refers to the minimum amount to be repaid in this period, which is generally about 5%- 10% of the total consumption.
Credit card tip 2: make good use of interest-free period
Interest-free period is how long it takes for a credit card to overdraw without paying interest to the bank. If the general interest-free period is divided by duration, it can be divided into the longest and shortest. The interest-free period of each bank is different. For example, the credit card launched by China Merchants Bank can be used for more than 50 days according to the online statement. Generally, you swipe your card on the last day of the billing date, so you can enjoy a longer interest-free day.
Credit card trick 3: learn to repay reasonably.
After understanding the above two skills, you also need to know how to repay the loan reasonably. Two repayment methods are recommended here. If there are sufficient funds, you can repay in full on the final repayment date. This is the first way. If you can't come up with so much money for the time being, you can adopt the second method, that is, pay the minimum repayment amount on the last repayment date. I suggest that if you have the ability, you'd better repay in full. If you can't repay in full, you should also pay the minimum repayment amount before the final repayment date. This is to protect your personal credit from being affected. Another thing to note is that there is cash withdrawal in the current period, so you should pay more when repaying to offset the interest.