The credit card statement date means that the card-issuing bank will regularly summarize and settle the various transactions and expenses that occurred in your credit card account every month, calculate the interest, and calculate the total amount of debt you owe in the current period and the minimum amount. The repayment amount will be mailed to you. This date is your credit card statement date.

The credit card repayment date refers to the last date on which the card-issuing bank (or institution) requires the cardholder to return the amount due.

The repayment due date is also called the final repayment date. If you do not repay in full before the repayment due date and do not choose the minimum payment amount of your credit card to repay, you may face the following penalties: :

All consumption payments no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis based on the consumption amount as the principal from the day the consumption occurs. The daily interest rate is 0.05% and is collected on a monthly basis. Compound interest;

Receive reminder calls and letters from banks;

Freeze accounts and feed back debt records to the People's Bank of China for credit files, affecting personal credit;

p>

If you really don’t have enough money to repay in full on the due date, please choose the minimum repayment amount on your credit card. In this way, you only need to return 10% of the total fee for each period. Although there is no interest-free repayment period, it can avoid personal credit damage.