“Time-tolerance service” refers to providing cardholders with a certain period of repayment grace period service. The repayment grace period is at least 3 days from the due date of repayment; When repaying within the time limit, the cardholder shall be deemed to have repaid on time.

"Tolerance service" means that if the cardholder has insufficient repayment in the current period, and the unpaid portion of the account after the due payment date is less than or equal to a certain amount (at least the equivalent of RMB 10) When the cardholder has paid the card in full, the outstanding amount will be automatically transferred to the next bill.

During the process of using the card, many cardholders found that ICBC credit cards (debit cards) did not have time-limited services. This made everyone feel that ICBC was not user-friendly enough and had copied the arrogance of "love to save or not" to the credit card. (credit card) business. In fact, everyone missed the first line of our universe this time. Now I want to express my dissatisfaction for ICBC.

The emergence of time tolerance policy is mainly to alleviate the criticism of "full penalty interest". "Full penalty interest" means that when a credit card (debit card) is overdue, the bank will Interest will be charged on all purchases in the bill on a daily basis starting from the date of the message. This provision is no different from the overlord clause.

At present, almost all banks except Industrial and Commercial Bank of China have 3-day extended service (some banks require cardholders to call customer service to apply), but these banks also stipulate that once the repayment amount is lower than the overdraft amount, If the amount exceeds ten yuan, "full penalty interest" will be implemented, while ICBC credit cards (debit cards) only apply penalty interest on the unpaid portion of the debt.

My suggestion: Although banks provide different forms of time tolerance services, we should try our best to repay the loan in full and on time, and do not "risk playing with fire" because once the credit card (debit card) is overdue , not only do you need to pay interest and late fees, but a bad credit record will have a negative impact on future applications for credit cards (debit cards) and loans. Statement: The article comes from the Internet and is only for netizens to learn and communicate. If there is any infringement, please contact us to delete it.