Simply put, the billing date refers to the consumption generated between 13th and 13th of last month, and

the repayment date refers to the repayment of the consumption amount generated by you.

That is to say, you must repay the loan in full or with the minimum repayment amount before 7th, otherwise your credit information will be affected, and you will have to pay the overdue handling fee. Extended information

The relationship and difference between the credit card billing date and the repayment date are as follows:

The billing date is the date when all the consumption in the current period finally generates the bill, and the repayment date is the date when you must repay the current arrears.

according to these two dates, the interest-free repayment period of credit card cycle can be determined, with the shortest 21 days and the longest 5 days.

For example:

For example, the billing date is 13th of each month and the repayment date is 7th of each month.

then the consumption on 14th of each month will get the longest interest-free period, while the consumption on 6th will get the shortest interest-free period.

All consumption before 13th must be repaid before 7th of next month, otherwise overdraft interest will be generated if it is overdue.

If the minimum repayment amount, i.e. 1% of the current bill amount, is not repaid, there will be a late payment fee.

full repayment will not charge any interest, but if it is not in full, the overdraft interest of the credit card will be very high, and the daily interest rate is five ten thousandths, which is equivalent to the annual interest rate of 18%. I hope I can help you.