Timeliness service means that when the account status is normal, such as repayment on the due date of the current bill (including a grace period of at least 3 days, some banks only have 1 day or 2 days, specifically calling the bank credit card customer service consultation), it is regarded as timely repayment.

Tolerance service means that under normal account conditions, if the minimum repayment amount in the current period has been fully repaid, but there is still a certain difference between the repayment amount and the amount payable in the bill (generally RMB 10 yuan or USD 1 yuan, whichever is the data published by the bank), it is deemed that the current period has been fully repaid, and the unpaid amount will be automatically transferred to the next bill.

However, if the overdue period exceeds the time given by the time-tolerant service, the bank will start to calculate the late payment fee, and the calculation method is as follows. Specific formula: 5/ 10000 * overdraft amount *56 days (the maximum number of days is calculated first due to different consumption days). That is to say, the arrears of 10000 yuan will still have the interest of 280 yuan money after the final repayment date!

Bian Xiao tip: Although the credit card is good, it should be used correctly. If there are difficulties in repayment, at least the minimum repayment amount should be paid first. If you really haven't paid the minimum repayment amount before the final repayment date, be careful, you are not far from the "blacklist" of the bank. According to the current regulations, personal bad credit records will be kept for five years, during which all credit cards and loan approvals will be affected by bad records.