1. Billing date: the closing date of credit card transactions recorded in each bill.

2. Repayment date: generally around18th day after the bill date (subject to the bill).

3 natural days after the due repayment date is the repayment grace period.

The billing date of different cardholders may be different. For example, if the billing date is the 5th of each month, then all transactions recorded in each bill are from the 4th of last month to the 5th of this month, and the corresponding final repayment date is the 23rd of the following month. The consumption on the fifth day is generally recorded on the sixth day, and the accounting is included in the next bill.

Extended data

According to the relevant provisions of China Merchants Bank's credit card charter:

Article 24? If the cardholder repays all the payable funds before the due repayment date (inclusive), the current non-cash transactions on the current bill shall enjoy interest-free treatment from the bank bookkeeping date to the due repayment date. The longest interest-free repayment period is 50 natural days, unless otherwise agreed by the card issuer and the applicant.

Article 26? Cardholders can repay according to the minimum repayment amount stipulated by the card issuer.

If the cardholder fails to repay in full before the due repayment date (inclusive), he will not enjoy the interest-free repayment period. The card issuer shall charge interest at the daily interest rate approved by the card issuer on the transaction funds (except cash advance) that the cardholder does not meet the interest-free conditions, and compound interest on a monthly basis. If there is any change in the relevant provisions of the People's Bank of China, the relevant provisions shall prevail.

China Merchants Bank Credit Card-Understand the date on the bill

China Merchants Bank Credit Card-China Merchants Bank Credit Card Charter