The interval between credit card use is longer at the end of each month.

Maximum interest-free period: If the billing date and repayment date are still the same, and Xiaoxue swipes the card for consumption on the billing day of January 17, the consumption record will be postponed to the next billing day. In the bill issued on February 17, the repayment due date is March 7, which is equivalent to enjoying an interest-free period of up to 50 days.

Understand the three most important dates of credit cards:

1. The consumption date is the day when the cardholder swipes the card to make a purchase.

2. The billing date is the day when the bank settles accounts for customers on a fixed date every month. The consumption record on the bill is all consumption from the last billing date to the current billing date.

3. The repayment date is the latest day on which the cardholder can repay the card.

Tips and precautions for using credit cards:

1. Installment charges are required.

Many banks promote interest-free installments. The bank will not charge you interest, but will charge a handling fee. Generally, the handling fee for each period is about 6%, which varies from bank to bank. If the handling fee for each period is six thousandths, and if a consumption of 1,000 yuan is repaid in six installments, then the handling fee you have to pay is 1,000*0.006*6=36 yuan. If one thousand yuan is repaid in 12 installments, then the handling fee is 1000*0.006*12=72 yuan.

2. The annual fee of credit card can be deducted.

Generally, credit cards charge annual fees, and banks charge a certain service fee every year. However, due to the fierce competition among major banks now, many banks have measures to deduct annual fees. For example, if you swipe the card 10 times, you will be exempted from the annual fee for that year, 1,000 points can be redeemed for the annual fee, etc. You need to know clearly the annual fee of the credit card you are using. How is the fee calculated and charged? Is there any way to deduct the annual fee?

3. There are rebates for swiping credit cards.

The bank will regularly hold some promotional activities with merchants. You can pay more attention to credit card preferential information, such as getting X yuan back when you spend 100 yuan. Spend XXX yuan to receive XXX gifts, etc. There are usually discounts for spending at merchants designated by the bank.