Repayment date: the repayment date is the date when the cardholder repays the financial repayment, and the cardholder should pay off all the repayment amount before this date.
take for example
If the billing date of a credit card is the 3rd day of each month and the 23rd day of each month, then the credit card consumption of 65438+1October 4th-February 3rd, the journal of February 3rd, and the repayment before February 23rd will be enough. Credit card spending from February 4 to March 3 will arrive on March 3, and can be repaid before March 23, and so on.
First of all, you must pay off all your credit card consumption before the repayment date stipulated by the bank before you can enjoy the interest-free period; Secondly, credit card withdrawal consumption can not enjoy the interest-free period, and five ten thousandths of the withdrawal amount is charged as interest from the date of withdrawal, and the withdrawal fee is charged for each withdrawal; Finally, it is suggested that on the final repayment date stipulated by the bank, if the minimum repayment amount is not enough, in addition to not enjoying the interest-free period, personal credit information will also produce overdue records.
The bank will form a bill for the current repayment and notify it. The bill formation date is the billing date. At the same time, the bank will not ask for immediate repayment, but will give a buffer period, generally 20 days (according to the standards set by the bank), and the deadline of this period is the repayment due date. You can enjoy interest-free treatment if you repay in full within 20 days or choose the minimum repayment amount of a credit card, but interest will accrue if it is overdue.
Bookkeeping date refers to the date when the consumption amount is recorded, and repayment date refers to the latest date when financial institutions require users to return the payable amount. Therefore, billing date and repayment date are two concepts in themselves, and they will not be the same day. Users can choose to repay on the billing date, but the interest-free day is reduced. If you choose to repay on the repayment date, you can extend the interest-free period.