Whether a credit card is overdue is determined by the repayment grace period of the card.

Credit cards that are overdue will be remembered from the second day of the repayment date. Since major banks have different grace period regulations for credit card repayment, under normal circumstances, 2-3 days after the repayment date. Only by repaying the credit card can it be considered overdue. It is worth noting that ICBC credit cards do not provide extended service, and repayment after the repayment date will be regarded as overdue repayment.

After using a credit card and not repaying it to the bank within the specified date, it is called overdue. The bank will charge interest for overdue repayment, with a daily interest rate of 0.05%. The interest is calculated from the date of consumption, not the date after the final repayment date. Compound interest is calculated on a monthly basis, and the principal calculated as interest is the total consumption amount for the month.

Overdue credit card payments will face the following consequences:

Late payment fees on credit cards. The so-called late payment fees for credit cards refer to the fees that the cardholder should pay to the card-issuing bank according to regulations when the cardholder fails to repay before the due payment date (inclusive) or the repayment amount is less than the minimum repayment amount.

Overdue interest. After a user uses a credit card to overdraft, there is generally an interest-free repayment period ranging from more than 20 days to more than 50 days. If the cardholder repays overdue, all the expenses of the cardholder last month will no longer enjoy the bank's interest-free payment. treatment, and the recurring daily interest rate is as high as five ten thousandths, that is, the annual interest rate reaches 18.

Bad credit history. Overdue credit card repayment records will enter the central bank's credit reporting system to generate bad credit records. my country's personal credit reporting records have been networked nationwide. As long as individual residents have handled loan business at banks, applied for credit cards, or provided guarantees for others, they will be credited. Then you can check your credit report at any domestic commercial bank.

Litigation costs. If the credit card is not repaid for more than three months, the bank will ask a lawyer to issue a lawyer's letter to the user and file a lawsuit in court. The litigation costs will be borne by the cardholder.

Criminal liability for malicious overdraft. According to Article 196 of my country's Criminal Law and relevant judicial interpretations, malicious overdraft refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return it after being called by the card issuer.

Those who maliciously engage in credit card fraud through overdraft will be held criminally responsible for credit card fraud and be sentenced to fixed-term imprisonment of not more than 5 years or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan.

In principle, as long as a credit card is overdue once, it will generate a bad credit record. No matter how long the overdue period is, it will definitely be recorded in the personal credit information system under the central bank.

Generally speaking, the personal credit report provided by the central bank only gives the cardholder’s credit card usage records in the past 24 months; therefore, credit card overdue records 24 months ago will not be displayed in the personal credit report. But it takes 5 years to completely eliminate your credit history.