The repayment date of a credit card is not fixed. It depends on the cardholder’s bill date, which is usually 20 days after the bill date.

Users can apply for SMS notification services through banks, or log in to online banking or mobile banking for inquiries. The credit card repayment date is the last day of the interest-free repayment period.

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The cardholder's credit card statement contains the repayment date. If you are not sure of the repayment date, you can call the number on the back of the credit card and contact customer service to find out what the repayment date is. Number.

Or the cardholder can recharge the credit card in advance. When the repayment date arrives, the credit card will automatically use the balance in the card to repay. However, banks do not recommend users to do this. Because a credit card is not a debit card, interest will not be calculated.

Users can use debit cards or use Alipay or WeChat to set repayment dates to remind cardholders to repay on time.

If the cardholder does not repay in full before the repayment date, and does not choose the minimum repayment limit of the credit card, the cardholder will be punished.

All consumption payments no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis from the day of consumption, using the consumption amount as the principal. The daily interest rate is 0.05%, and compound interest is collected on a monthly basis. .

The bank will freeze the cardholder's account and feed back the cardholder's debt record to the Bank of China personal credit system, affecting the cardholder's personal credit.

Credit card installment payment means that when the cardholder uses a credit card to make large purchases, the card-issuing bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder. Apply to deduct consumption funds in installments from the cardholder's credit card account, and the cardholder will repay according to the monthly credit amount.

Most banks in China have credit card installment services. Installments are generally divided into shopping mall (POS) installments, "mail order installments" and bill installments through the Internet, mail, etc. depending on the occasion. .

Some people mistakenly believe that interest-free credit cards can enjoy great discounts, but in fact they still need to pay a certain handling fee. In addition, late fees will be charged if credit card installment payments are overdue. Therefore, cardholders should repay the loan on time, otherwise not only the interest will not be waived, but also penalty interest will be imposed.

When applying for a credit card, you must understand the usage rules of the credit card in detail. Each bank’s credit card rules are formulated by itself. Cardholders must not rely on words. Before applying for a card, you must carefully understand the usage rules of the credit card. , to avoid unreasonable increases in expenses.