Credit card repayment date: refers to the latest date when the bank requires the cardholder to return the credit card non-cash transaction bill.

Credit card billing date: refers to the date when the issuing bank regularly collects and settles the current transaction fees of the credit card account and calculates the total amount owed and the minimum repayment amount in the current period.

The billing date and repayment date of major banks are different. The repayment date of general credit cards is between 15 and 25 days after the bill date.

Interim Measures for the Administration of Credit Card Business:

Article 1 These Measures are formulated to strengthen the management of credit card business.

Article 2 The term "credit card business" as mentioned in these Measures refers to the credit card business and overseas credit card business operated by domestic banks (including domestic branches established by domestic banks and overseas banks).

Article 3 Non-financial enterprises and institutions and representative offices of overseas banks in China shall not handle credit card business or act as agents for overseas credit card business.

Article 4 All banks engaged in credit card business within the territory of China shall abide by the provisions of these Measures.

Article 5 A bank offering credit card business must meet the following conditions:

(1) Qualified managers and operators;

(2) Having a sound management system and safety system;

(3) Necessary business facilities and safety facilities;

(four) the corresponding internal management institutions.

Article 6 Any bank that meets the requirements for opening credit card business must apply to the People's Bank of China, and can start business after approval. The application for issuing RMB credit cards by its branches shall be examined by the head office of the bank and reported to the local people's bank for the record.

Article 7 To apply for credit card business, the following written materials shall be submitted to the People's Bank of China:

(1) An application report;

(2) Articles of association of the credit card business;

(3) Resumes and relevant materials of the principal person in charge of the credit card department;

(4) Information such as the name, sample card, issue scope and issue target of the credit card to be issued, as well as relevant information of the entrusted bank or overseas institution that intends to act as an agent for overseas credit cards.

Article 8 When a domestic bank signs a credit card agency business agreement with an overseas bank, it shall submit a copy of the agreement and related materials to the People's Bank of China for the record.

Article 9 Banks offering credit card business shall, when handling RMB credit card business or acting as agents for overseas credit card business, gradually carry out joint ventures and cooperation in acquiring bills, receiving machines, receiving cards and information on the principle of voluntariness and mutual benefit. The scope of joint venture and cooperation can be some banks or all domestic banks that provide credit card business.

Article 10 Banks and their branches that apply for credit card business shall submit quarterly statements related to credit card business to the head office of the People's Bank of China and its branches respectively. Article 11 With the approval of the People's Bank of China, banks engaged in credit card business in China may join international credit card organizations.

Article 12 Renminbi credit card numbers issued by domestic banks shall be compiled in accordance with international standard rules.

Article 13 When issuing RMB credit cards, banks must attach articles of association stating the deposit interest rate, overdraft limit, overdraft interest rate and other matters in the credit card account, as well as the charging standards such as annual credit card fee and loss reporting fee.

Article 14 The deposit interest rate of RMB credit card imprest shall be calculated according to the deposit interest rate stipulated by the People's Bank of China.

The overdraft interest of RMB credit card shall be charged at the rate of five ten thousandths of daily interest within fifteen days from the bank bookkeeping date, five ten thousandths of daily interest after fifteen days, and two ten thousandths of daily interest if it exceeds the prescribed limit for more than thirty days. The overdraft interest is not divided into sections, and the interest is calculated according to the highest interest rate grade or the highest overdraft amount.

Article 15 The overdraft limit of RMB credit card is RMB 1 0,000 for individual ordinary card and RMB 5,000 for unit ordinary card; Where a bank formulates standards independently, it shall report to the People's Bank of China for the record.

Article 16 In order to make up for the loss of bad debts caused by fraudulent use or malicious overdraft, banks handling RMB credit card business may make provision for bad debts at 0.2% of the total credit card transactions.

Article 17 Banks shall cooperate with each other when signing credit card acceptance contracts with special merchants and opening up the credit card market, and shall not take exclusive measures. Special merchants shall not refuse to sign contracts with other banks on an equal footing.

Article 18 RMB credit card business shall implement the rate at which banks charge kickbacks on credit card transactions of special merchants, as well as the unified standards of various industries stipulated by the People's Bank of China. Without the approval of the People's Bank of China, banks may not reduce the rebate rate by themselves or in disguise. Acting as an agent for overseas credit card business and implementing the unified standards stipulated by international credit card organizations.

Article 19 When a domestic bank signs a credit card agency agreement with an overseas bank, its profit distribution ratio and other substantive provisions shall be implemented in accordance with the unified provisions of the People's Bank of China. The profit distribution ratio, according to domestic banks and overseas banks, accounts for 37.5% of the rebate paid by special merchants. 5% and 62. 5% execution.

Article 20 A bank shall establish a corresponding system, and designate personnel from specialized institutions to manage blank cards, discarded cards to be destroyed and related business vouchers in a unified way. The purchase of blank credit cards shall be handled uniformly by the head offices of banks, and branches shall not purchase them themselves.

Article 21 The RMB credit card settlement system shall be formulated by the People's Bank of China in a unified way, and all banks may formulate detailed implementation rules according to the unified system.

Twenty-second whoever violates these provisions, the local people's Bank will give the following penalties depending on the seriousness of the case:

(a) those who engage in credit card business without approval shall be ordered to immediately stop their business, confiscate their illegal income, and informed criticism.

(2) Non-financial enterprises and institutions that offer credit card business and represent overseas credit card business and representative offices of overseas banks in China shall be ordered to stop their business immediately, their illegal income shall be confiscated, and they shall be fined more than 1000 yuan and less than 1 10,000 yuan;

(3) If the rebate rate of credit card transactions is reduced without authorization or in disguised form, it shall be ordered to correct it immediately and be fined 5% of the transaction amount. Refuses to correct, will announce the suspension of part or all of its credit card business;

(4) If banks sign exclusive agreements when signing credit card acceptance contracts with special merchants, they shall be responsible for rectification, give informed criticism a fine of 1 10,000 yuan to 50,000 yuan. Refusing to implement it, announcing the suspension of part or all of its credit card business;

(five) in violation of the above two or more provisions at the same time, the punishment may be combined, but the punishment shall not exceed the heavier one.

Article 23 The head office of China People's Bank shall be responsible for the interpretation and revision of these Measures.

Article 24 These Measures shall be implemented as of June 1993 65438+ 10/day.