According to the relevant provisions of "China Bank Card Industry Self-discipline Convention", the issuing bank shall provide cardholders with a certain period of grace period service for repayment, and the grace period for repayment shall be at least three days from the due repayment date. However, because this practice has not been implemented, many banks do not have a three-day grace period for repayment. So is there a three-day grace period for Jiangsu Bank's credit card repayment? Let's get to know it together!

Does Jiangsu Bank have a three-day grace period for credit card repayment?

Yes Jiangsu Bank provides its credit card holders with a three-day grace period for repayment, and repayment before 18:00 on the evening of the third day after the repayment date is regarded as timely repayment. Assuming that the final repayment date is the 2nd day of each month, the cardholder must pay off the bill by the evening of the 5th day of that month 18:00 at the latest. Repayments beyond the grace period will be reported to the central bank for credit information.

In order to ensure that the repayment amount is recorded before the third day 18:00, it is suggested that Jiangsu credit card holders adopt the repayment methods provided by Jiangsu Bank, such as online bank transfer repayment, ATM card transfer repayment, cash repayment at the counter of our business outlets, and mobile bank transfer repayment.

The above is the answer about whether there is a three-day grace period for Jiangsu Bank's credit card repayment. It should be noted that even if the credit card has a certain grace period for repayment, it is best for the cardholder to repay in full and on time when using the credit card. At the same time, when using credit cards, we should maintain good habits and spend within our own economic tolerance to avoid overdue behavior due to insufficient personal repayment ability, which will affect personal credit.