The repayment period of Industrial and Commercial Bank of China credit cards is unified to the end of the month, which is the last day of the natural month. The repayment due date for ICBC credit cards is the 25th day after the statement date, which is the 25th of the next month. It should be noted that ICBC credit card does not have a "time tolerance" service. It does not have a repayment grace period like most banks. It does not have these services, so once your ICBC credit card does not expire Pay off the debt even if it is overdue.
Is there any impact if a commercial credit card is overdue for one day? Because ICBC does not provide a grace period for repayment, it will be affected as long as your ICBC credit card is overdue, even if you are only overdue for one day. First of all, if you are overdue, ICBC will start to calculate interest and late payment fees, with an interest of 0.5% per day. Until you pay off the debt, you will also need to pay a 5% late payment fee. Moreover, overdue payment will affect your personal credit and result in a bad credit record. Moreover, if you are overdue, the bank will report your bad credit record, which will affect your credit report. Generally, ICBC credit cards will be reported to the credit report after three days of overdue, and personal bad credit records will be retained for 5 years. During these 5 years Your banking business will be affected to a certain extent. Therefore, the impact of overdue credit is very serious. For those who have a commercial credit card that is one day overdue, all they can do is pay off the balance as soon as possible. However, you can also try to call the bank and explain to the bank staff the reason for late repayment. The bank may be "lenient".