You can enjoy the interest-free period of 18~56 days for the arrears arising from general credit card consumption, provided that the full repayment is not overdue. If there is no one-time repayment, it can be interest-free, but there will be an installment fee. The length of the interest-free period depends on the consumption entry date, billing date and repayment date.

CreditCard (English: credit card), also known as credit card. It is a non-cash transaction payment method and a simple credit service. Credit card is generally a special carrier plastic card with consumer credit, which is 85.60mm long, 53.98mm wide and 1mm thick. It is issued by banks to individuals and units, so that they can shop, spend and deposit and withdraw cash from banks. The form is a card with the name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature on the back. Credit cards are issued to cardholders by banks or credit card companies according to the credit and financial resources of users. Cardholders don't need to pay cash when using credit cards, they will make repayment on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to the credit card issued by the bank, which gives the cardholder a certain credit limit, within which the cardholder can spend first and then repay. A quasi-credit card refers to a quasi-credit card issued by a bank. The cardholder deposits a certain amount of reserve fund according to the regulations. When the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

The word "credit card" originally refers to the financial products introduced in this article. However, because there was no credit card in China before, or even any savings card with credit card function, the real credit card can only be called "debit card". A real credit card has the following characteristics: it is not allowed to deposit cash in advance, it can be repaid after consumption, it can enjoy an interest-free repayment period, it can be repaid in installments (the minimum repayment amount), and it can be used globally by international credit card organizations such as VISA, MasterCard and JCB.

In the 1960s, credit cards sprouted and developed rapidly in developed countries in Europe and America, such as the United States, Canada and Britain. After more than 50 years of development, credit cards have been widely accepted in more than 95% countries around the world. In 1980s, with the development of reform and opening up and market economy, credit cards, as electronic and modern consumer financial payment tools, began to enter China, and have developed by leaps and bounds in the past decade.

How many days is the longest interest-free period of a credit card?

There will be an interest-free period after overdraft by credit card, which can last up to 60 days. However, after the implementation of the new 20 17 credit card policy, major banks can decide the interest-free period by themselves, which means that cardholders may get a longer interest-free period. Let me introduce the interest-free period of credit cards to you.

1. What is the interest-free period of the credit card?

Cardholders who have used credit cards know that after using credit cards to overdraw their consumption, the bank will not ask you to repay immediately, but will send you a bill on a fixed day and give you a final repayment date, asking you to repay before this final repayment deadline comes.

The period from the date of consumption to the date of final repayment is the interest-free period of the credit card.

2. How long is the interest-free period of the credit card?

The interest-free period of major banks is 18-60, and the length of time will depend on the specific time for cardholders to spend, which means that the longest interest-free period can only be 60 days.

However, the newly implemented new credit card regulations have abolished the stipulation that the maximum interest-free repayment period is 60 days, and major banks can set their own interest-free period, so that valuable customers can obtain higher interest-free credit card services through competition among banks.

However, it does not mean that each cardholder's interest-free repayment period is the same, and banks will make differentiated plans according to their credit status, repayment habits and personal preferences.

Third, how to obtain the longest interest-free period

If you want to get the longest interest-free period, the most important thing is your consumption date. If your consumption is before the current billing date, the interest-free period is relatively short. If it is after the billing date, you can get the longest interest-free period.

take for example

Suppose the billing date of the card friend Xiaowu Credit Card is the 6th, and the final repayment date is the 26th. If he spends money after June 6th, it will be included in the July bill, and he needs to repay it before July 26th, thus enjoying the longest interest-free period.

Reminder: Although cardholders may get an interest-free period longer than 60 days after the implementation of the new credit card policy, cardholders should spend rationally. If you can't repay the loan at maturity, you will not only have to pay high interest and late fees, but also affect your personal credit record once it is overdue. It will not be so smooth to apply for a loan or credit card in the future.

How many days is the shortest interest-free period for credit cards?

The minimum interest-free period of credit cards stipulated by different banks is different. For example, the longest interest-free period of Bank of Communications credit card is 56 days and the shortest is 25 days.

Credit card source:

The earliest credit card appeared at the end of 19. From 65438 to 1980s, the so-called credit card was developed in British clothing industry, followed by tourism and business departments. However, at that time, the card could only be used for short-term commercial credit, and the money had to be paid back as needed. There was no long-term default and no credit line.

Credit cards are generally plastic cards with a special carrier, with a length of 85.60 mm, a width of 53.98 mm and a thickness of1mm. The name of the card issuer, the expiration date, the number and the name of the cardholder are printed on the front, and the chip, magnetic stripe and signature strip are printed on the back. Cardholders can use credit cards to shop, spend money and deposit and withdraw cash from banks.

It is said that one day in 1950s, Frank McNamara, an American businessman, entertained guests in a restaurant in new york. After eating, he found that he forgot his wallet and had to call his wife to bring cash to the restaurant. He was deeply embarrassed, so McNamara came up with the idea of establishing a credit card company. 1 In the spring of 1950, McNamara and his friend Schneider jointly invested110,000 US dollars to establish DinersClub in new york, the predecessor of Diners Credit Card Company. Diners' Club provides members with a card that can prove their identity and ability to pay. With this card, members can spend money in 27 designated restaurants without paying cash. This is the earliest credit card. This kind of credit card, which does not need to be handled by a bank, belongs to commercial credit card.

From 65438 to 0952, Franklin National Bank of California, as a financial institution, issued bank credit cards for the first time, becoming the first bank to issue credit cards.

1959, Bank of America issued an American bank card in California. Since then, many banks have joined the ranks of card-issuing banks. In the 1960s, bank credit cards were quickly welcomed by all walks of life and developed rapidly. Credit cards are popular not only in America, but also in Britain, Japan, Canada and European countries. Since 1970s, Hongkong, Taiwan Province, Singapore and Malaysia have also started to handle credit card business.

In the 1960s, credit cards sprouted and developed rapidly in developed countries in Europe and America, such as the United States, Canada and Britain. After more than 50 years of development, credit cards have been widely accepted in more than 95% countries around the world. In 1980s, with the development of reform and opening up and market economy, credit cards, as electronic and modern consumer financial payment tools, began to enter China, and have developed by leaps and bounds in the past decade.

After the financial crisis and the ups and downs of the domestic economy, the credit card market in China picked up on 20 16. By the end of 20 16, the total number of credit cards issued in China has exceeded 590 million. In 20 16, the transaction amount of credit card consumption in China reached 74 1.8 1 trillion, up by 10.75% year-on-year, and the proportion of credit card consumption in the total retail sales of social consumer goods continued to increase.

According to the "20 13-20 17 report on the in-depth investigation and investment strategic planning of China's credit card industry", since 20 10, the China government has implemented a prudent monetary policy and adopted a series of moderate austerity measures to curb the excessive rise of asset prices and control inflation, which shows that macro-prudential and strengthening capital supervision have become the supervision of China's banking industry. The analysis shows that the evolution of the industry structure has further optimized and diversified the product portfolio, and also increased the research and development of new industry standards and mobile payment; Deepen credit penetration; Staging business is developing in depth.

20 12 February, the bank confirmed that the credit card is safer without password, and if it is stolen, it will share the responsibility with the bank. Enjoy an interest-free period of 25-56 days (or 20-50 days). Credit card consumption enjoys an interest-free period, and the bill amount is paid off before the due repayment date, without any cost. There is no interest-free repayment period for cash withdrawal, and five ten thousandths of daily interest will be charged from the date of cash withdrawal, and the bank will also charge a certain percentage of cash withdrawal fee.

China's credit card market is still one of the fastest growing product lines in China's personal financial services market. Although the economic benefits of the industry are full of challenges, the average annual growth rate of credit card issuance in China will remain at around 65,438+04% in the next 65,438+00 years, and the profitability will also tend to improve.

According to the report issued by the People's Payment and Settlement Department of China, as of the third quarter of 20021,there were 798 million credit cards and debit cards, up by 0.97% from the previous month, and each person held 0.57 credit cards and debit cards.

How many days is the interest-free period of the credit card?

The interest-free period starts from the bank bookkeeping date to the final repayment date. The billing date is the day when the cardholder swipes the card, and the final repayment date is the day when the cardholder should pay back the money, usually 20 or 25 days after the bill date. At present, the five major state-owned banks, Industrial and Commercial Bank of China, Agricultural Bank of China and Bank of Communications, provide cardholders with an interest-free period of up to 56 days. For example, ICBC, if the customer's credit card date is 65438+ February 1, then the repayment date is 65438+next year1October 25th, with a 56-day interest-free period.

China Construction Bank and China Bank offer a maximum interest-free period of 50 days. 1 1 Most joint-stock banks offer cardholders a 50-day interest-free period. The longest interest-free period for joint-stock commercial banks such as Shanghai Pudong Development Bank, Minsheng Bank, Industrial Bank, China CITIC Bank and Ping An Bank is 50 days. For example, Industrial Bank swipes its card at 1 1.2, and the repayment date is 1.2,21,with an interval of 50 days.

However, Guangfa Bank has granted the standard card, hope card and QQ card a maximum interest-free period of 56 days, while the interest-free period of other cards of the bank is still 50 days. Although the credit card of Beijing Rural Commercial Bank was launched late, it still gave the cardholder a maximum interest-free period of 56 days. For example, if the customer's bill date is 10, 13, the credit card date is 14, and the final repayment date is 12-08, then they can enjoy an interest-free period of up to 56 days.

1. How to enjoy the longest interest-free period of a credit card?

The length of the interest-free period mainly depends on the cardholder's consumption date, that is, the billing date, so credit card holders need to look at their billing date first. If they spend on the repayment date, they can enjoy a relatively long interest-free period. Because of the consumption on the repayment date, the bill is generally recorded in the repayment amount next month.

For example, the 20th of each month is the billing date, and 500 yuan is spent on March 19 (trading day). If the money is credited to its credit card account on March 20th (billing day), the due repayment date is 25 days after the billing date, that is, April 14, and the interest-free period is 25 days. If you spend money by credit card on March 20th, and the payment is credited to 2 1 on March 20th, then 25 days after the bill date in April, that is, May 20th, is the due repayment date, and the interest-free period of this payment is (3 125)56 days.

Last reminder: When using a credit card, don't just think about how to enjoy the longest interest-free period. The most important thing is not to cause overdue repayment.

How long is the credit card interest-free?

If China Merchants Bank credit card is used, the interest-free period is a transaction in which the credit card holder repays all the repayment amount before the due repayment date (inclusive) and can enjoy interest-free treatment (that is, the period from the bank bookkeeping date to the due repayment date). The longest interest-free repayment period is 50 days, unless otherwise agreed between the card issuer and the applicant, but the longest interest-free repayment period shall not exceed the longest interest-free repayment period required by relevant laws and regulations (except cash advance).

For example, the bill date is 10, and the due repayment date is 28th:

If you spend on August 9, you need to repay on August 28, so the interest-free period is the shortest; If you spend in August 10, the bill will not be paid until September 10, and the full repayment will be made on September 28th, with a maximum interest-free period of 50 days.

This concludes the introduction of how many interest-free credit cards and the longest interest-free credit card. I wonder if you have found the information you need?