There is no impact if you pay off your Bank of Communications credit card one day late, because Bank of Communications' credit card has a grace period.

The impact of overdue repayment is as follows:

After the overdue period, the bank will report the overdue situation to the central bank and record it in the personal credit record. This kind of record will be helpful for future applications for loans and large installments. , even credit card applications and hotel check-ins will be affected. Moreover, after the due date, the bank will charge interest and late payment fees. The late payment fee is 5% of the unpaid portion of each installment, and the interest is charged at a daily interest rate of 0.05%. Accumulated every month, you will owe a large amount of money in a few months. So don’t rely on the three-day time limit for repayment. Pay it back in advance if you can.

Extended information:

Article 92 of the "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks" Commercial banks shall implement classified management of credit card risk assets. The classification standards are as follows:

(1) Normal category: The cardholder can repay the amount payable in full before (and including) the due repayment date in accordance with the pre-agreed repayment rules.

(2) Category of concern: The cardholder fails to repay the amount payable in full on the due repayment date according to the pre-agreed repayment rules, and the number of overdue days is between 1 and 90 days (inclusive).

(3) Sub-category: The cardholder fails to repay the amount payable in full on the due repayment date according to the pre-agreed repayment rules, and the number of overdue days is 91-120 days (inclusive).

(4) Suspicious category: The cardholder fails to repay the amount payable in full on the due repayment date according to the pre-agreed repayment rules, and the number of overdue days is 121-180 days (inclusive).

Bank of Communications-Time Tolerance Repayment