Check the repayment date online:
1. Search "Bank of China" on Baidu
2. Click to enter the official website of Bank of China
3. After entering the official website of Bank of China, click "Personal Customer Online Banking Login".
4. Fill in your personal bank card information to log in and make inquiries
Calculation of interest-free repayment period:
1. Bank of China credit card repayment upon maturity The payment date is the 19th day after the Bank of China credit card statement date. For example, the statement date is January 20th, then February 9th is the due date for payment of the Bank of China credit card.
If you pay off the balance before the repayment date, you can enjoy the interest-free period. Bank of China credit card holders need to repay the repayment amount shown on the current bill before the due payment date after each bill date.
2. If there is still no repayment after the due payment date, the bank will charge interest and late payment fees on the amount owed, and report your overdue repayment information to the People's Bank of China's personal credit database , you may end up with a bad credit record.
3. The longest interest-free period for Bank of China credit cards is 50 days.
If the credit card bill date is December 14th, then the repayment date is January 4th.
Consumption before (and including) December 14th must be repaid on January 4th.
If the purchase is made on December 15th, the repayment date is February 4th, and you can enjoy the longest interest-free period.
Extended information:
1. Consequences of overdue credit card repayment 1
After a credit card default with high penalty interest, the penalty interest fee usually involved is cyclical Interest charges and late fees.
Revolving credit is essentially a small, unsecured loan that calculates interest on a daily basis. If the full amount is not repaid on the final payment date, revolving credit interest will accrue on the next statement. And interest needs to be calculated from the date of consumption.
Except for ICBC, which imposes balance penalty interest, the other 12 banks still impose full penalty interest.
Full penalty interest means that even if the customer repays part of the amount, the repayment portion will not be deducted when calculating penalty interest. Interest charges are usually calculated at a daily interest rate of 0.5%.
In addition, some banks stipulate that within 15 days from the accounting date, the daily interest rate will be calculated at 0.5%, and if it exceeds 15 days, the daily interest rate will be calculated at 10%. If it exceeds 30 days or the overdraft amount exceeds the prescribed limit, , calculated based on the daily interest rate of 15/10,000. The longer the arrears are, the higher the penalty interest will be.
2. Consequences of overdue credit card repayments 2
Legal disputes Violent credit card collection has become a hot topic. Many bank credit card centers outsource credit card repayment collection to some so-called "debt collection companies" "These companies are mixed, and their debt collection methods are rough, causing great trouble to customers.
Not only that, defaulting customers may also face legal disputes.
According to the provisions of the "Criminal Law", for malicious overdrafts of more than 5,000 yuan on credit cards, and the bank has not paid back after three months of collection, if the circumstances are serious, criminal liability may also be pursued for fraud.
For defaulting customers, entering the judicial process will not only affect their reputation, but also incur more costs. In addition to paying off the arrears, they will also have to bear litigation costs, which can be said to make matters worse. .
3. Three consequences of overdue credit card repayment
Leaving "credit stains" in the national credit system. In 2006, the central bank established a national unified basic database of corporate and personal credit information. As long as you apply for a card or get a loan at a bank, your own "credit report" will be automatically generated in the system. The "stains" in this report cannot be ignored, as it will affect your application for various types of loans and insurance. , job hunting, studying abroad, etc. Bad records are generally retained abroad for 7 years.
In November 2012, the central bank’s new version of personal credit report was launched. Overdue credit cards and loans before October 2009 will no longer be displayed, and overdue records will be retained for 5 years thereafter.
This means that citizens’ overdue negative records will no longer remain with them for life. If they can repay their loans on time and in full for five consecutive years, their credit can be restored.
Warm reminder: As an emerging payment method, credit cards are also the simplest means of daily financial management for consumers. Although overdraft consumption can reduce the financial pressure of cardholders’ daily consumption, if the cardholders do not manage it properly or Without good financial management concepts, it is easy to end up with a mountain of bills and become a card slave.
Reference: Baidu Encyclopedia-Credit Card Repayment