The repayment period of a credit card refers to the period from the time you spend the credit card to the last repayment date. Depending on your billing date, repayment date and consumption time, the repayment period varies from 18 days to 5 1 day. The consumption on the billing date will appear in the next bill (except the consumption through Ping An Bank), so you can enjoy the interest-free period of up to 5 1 day; Consumption on the day before the billing date is included in the current bill, and only the shortest interest-free period 18 days can be enjoyed.

1. What is the credit card repayment cycle?

The repayment period refers to the date and time from the date when the consumer issues the bill to the latest repayment date. Usually refers to the repayment period of bank credit cards, usually between 20 days and 50 days. When users use credit cards, it is interest-free to pay off all bills within the repayment period stipulated by the issuing bank, so it is also called "interest-free repayment period". If the repayment period is exceeded, a certain amount of overdue interest will be charged.

Yes

The billing date of a credit card is usually a specific date. From the billing date of last month to the billing date of this month, the amount of credit card consumption will be recorded in this month's consumption bill as the final total consumption of this month, and the repayment date is generally after the billing date of credit card. After the credit card bill, the cardholder needs to pay off the loan consumption before the repayment date in order to restore the credit limit and continue to use the credit card. If the repayment is not made in time after the repayment date, the repayment interest may be paid to the bank after the deadline.

Second, what is the loan cycle?

The unit of measurement of loan cycle can be year, half year, quarter and month. For example, loan 15 or 180 months. But some loan cycles are determined by the repayment amount. For example, the loan is 180 times, which means there are 180 times of repayment. If it is repaid once a month, it is equivalent to a loan of 15 years, but if it is repaid once a year in February, it is equivalent to a loan of 30 years. The effective date of the loan to the first repayment date is generally the same as the subsequent repayment interval.

If the benchmark interest rate is adjusted, the repayment amount will also be adjusted, but the fluctuation (or downward fluctuation) within the loan term remains unchanged. If the benchmark interest rate is adjusted, the loan interest rate will rise (or fall) on the basis of the new interest rate. As for when to implement the new interest rate, it should be determined according to the nature of the loan (commercial loan or provident fund loan), the lending bank and the contract sample.

If you apply for a loan in a bank for one year, the loan period is one year. If you want to enjoy the national policy of lowering the loan interest rate in the next loan cycle, you must wait until the loan cycle of the previous year expires.

How to calculate the annual fee cycle of credit card?

The calculation method of annual fee cycle of bank credit card is based on the date of card approval (starting time), not the natural year or activation time. Most credit cards are exempt from the annual fee in the first year, and the annual fee in the second year can be exempted after spending a certain number of times. Only a few special cards need to charge an annual fee.

For example, if the cardholder's credit card is a nuclear card dated 202 1, then the ordinary credit card he holds will be swiped 6 times before September 0 1 in 2022, and the annual fee for the next year will be automatically reduced. Please consult the staff for details. Free annual fee means that in order to encourage cardholders to spend by swiping their cards, if cardholders fail to meet the standard of free annual fee, most banks will also give some customers free annual fee to retain customers, some by additional fee reduction, and some unconditionally.

In addition, the annual credit card fees of the Postal Savings Bank are Gold Card, China Travel Service Card, Xi 'an Expo Co-branded Card, Black Travel Card 125 yuan/year, and supplementary card 60 yuan/year; Self-mailing family co-branded cards: the main card 100 yuan/year, and the auxiliary card 50 yuan/year. In addition to the annual fee, the Postal Savings Bank will also charge SMS service fee, cash withdrawal fee, late payment fee, over-limit fee, bill reading fee, bill replacement fee, overpayment recovery fee, loss reporting fee and password letter replacement fee. You can also go to the nearby Postal Savings Bank outlets to ask the bank staff, or you can go to the Postal Savings Bank in official website to inquire.

Before you apply for a credit card, you must know all the expenses that need to be paid and all the expenses that the bank will deduct regularly to avoid unnecessary losses in the later period.

< strong > calculation standard of annual credit card fee cycle of each bank:

1. Industrial and Commercial Bank of China: Generally, the annual fee for the first year will be charged after the card is activated for one year, and the annual fee for the following years will be deducted on the basis of this time. The annual fee will be charged immediately after the card with rigid annual fee is activated, and it will not be reduced.

2. China Construction Bank: The annual fee is determined according to the validity period of the card. The month within the validity period is the beginning month of the card-holding year, and the month of the following year is the card-holding year. The annual fee will be charged immediately after the card with rigid annual fee is activated, and it will not be reduced. After the high-end credit card is approved, an annual fee will be charged (whether activated or not).

3. Bank of China: the billing date from the first billing date after activation to the billing date in the same month of the following year is an annual fee year. Annual fee year refers to the first billing date after card activation to the billing date of the same month of the following year.

4. Agricultural Bank of China: The policy is formulated once a year, subject to the inquiry in that year. The annual fee will be calculated one month after the meat inspection approval card is issued.

How to calculate the credit card repayment cycle?

Credit card repayment date is the last repayment period stipulated by the bank for cardholders. It is necessary to pay off the credit card consumption in one lump sum before the repayment date or adopt installment repayment. You can't enjoy the interest-free treatment of credit card for installment repayment. Repayment beyond the last repayment date is regarded as overdue, which will result in penalty interest and late payment fee, and will also affect personal credit. So how can you calculate your credit card repayment date? At present, the credit card repayment date of major domestic banks is basically the last 20 or 25 days after the bill date. If you apply for a credit card in China Construction Bank, the billing date is set to 5th of each month, and the 20th day after the billing date is the final repayment date of the credit card, that is, 25th of the current month. The amount to be repaid on 25th is the expenses incurred before the billing date, and the amount spent after the billing date will be displayed on the next billing date.

For example, 1 0,000 yuan was spent on March 6th and 500 yuan on March 9th. Because the consumption date has exceeded the bill date, 500 yuan will show on the bill on April 5th that the repayment can be made before April 25th. The longest interest-free period is 50 days, and not every consumption amount can enjoy 50 days interest-free.

How to calculate the repayment days by credit card?

When using a credit card, understand what the bill date and repayment date mean. The billing date is a summary of the consumption amount of the previous period, and the consumption time is from the repayment date of the previous period to the billing date of the current period; The repayment date is the last repayment time of the credit card, and the repayment days of the credit card are stipulated by the bank.

It is necessary for individuals to set a billing date when handling credit cards. At present, the repayment date of most bank credit cards is the last 20 days of the billing date. For example, if the accounting date of each month is 1, then the repayment date of each month is 2 1. If it exceeds 2 1, the credit card is overdue.

Assuming that Zhang's credit card billing date is 1, and the repayment date is the last 20 days of the billing date, Xiao Zhang spent RMB 3,500 on June 1 -30 last month, RMB 2,000 on the 5th of this month, and 500 yuan on the 20th, it can be calculated that the amount to be repaid on the 20th of this month is RMB 3,500.

This concludes the introduction of how to calculate the credit card cycle and how to use the maximum credit card cycle. I wonder if you have found the information you need?