Many people choose credit cards when they spend money, so after spending or borrowing money, there will be a loan relationship between banking institutions, and after repayment within the specified date, there will be no interest. How long does it take to pay interest if I use a credit card? The following small series will introduce you. 1. How long does it take for a credit card loan not to pay interest? From the date of consumption to the date of bill to the date of repayment, it is interest-free for about 50 days. If you mean cash withdrawal interest, credit card cash advances will be charged with handling fees and interest (including ATM, counter, online banking and telephone cash advances of the Bank or other banks): handling fees: RMB-0/%for each transaction in China, with a minimum charge of RMB10/transaction, and 3% for each transaction abroad (including Hong Kong, Macao and Taiwan), with a minimum charge of RMB. Second, what are the ways of credit card loans? If you have a credit card, you can borrow money in the following three ways: 1. Handling credit card cash installment: the cardholder actively applies to the bank, and after the bank approves, the amount applied by the cardholder will be converted into cash and deposited in the designated debit card, and the cardholder can return it according to the designated installment times. 2. cash advance: users can withdraw money directly from the ATM of the bank with their credit cards; 3. Credit card loan: For large consumption such as car purchase and decoration, the bank will give a certain loan amount according to the credit status of the cardholder, and the cardholder will repay the principal in one lump sum and in installments. Third, how to calculate interest on credit card loans The calculation formula of credit card interest is: interest-bearing product * daily interest rate * interest-bearing days = interest. Interest-bearing products are accumulated daily deposits or loan balances of customers during the interest-bearing period. Credit cards can be used not only for consumption, but also for cash advance. If it is consumption, there will be no interest on the repayment on the last repayment date. There will be interest if it is not repaid in full. If you pay cash in advance, there will be interest. I hope the above content can help you. If you have other legal problems, you can consult online.

Legal objectivity:

Article 676 of the Civil Code of People's Republic of China (PRC) If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state. Article 678 of the Civil Code of People's Republic of China (PRC), the borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended. Article 667 of the Civil Law of People's Republic of China (PRC) is a loan contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.