Hello, if you hold a China Merchants Bank credit card, the credit card has a statement date and a repayment date, and the repayment period has a cycle. The "bill date" refers to the cumulative unpaid consumption of the cardholder by the card issuer every month. The transaction principal, cash withdrawal transaction principal, fees, etc. are summarized, interest is calculated, and the date on which the cardholder should repay the amount is calculated. "Repayment due date" refers to the last date stipulated by the card issuer when the cardholder should repay the entire amount due or the minimum repayment amount (the consumption amount can be repaid before the due repayment date, and the payment must be made no later than the due date). Just pay it back to your credit card before 24:00 on the day of payment). For example: If the 5th of each month is the billing day and the 23rd of each month is the repayment day, then the consumption from the 5th of the previous month to the 4th of this month will be repaid on the 23rd of the month.

Credit card consumption also enjoys the interest-free period. The interest-free period means that credit card holders repay the entire amount due before the due payment date (inclusive), and can enjoy interest-free consumption transactions from the bank. The period between the accounting date and the payment due date. The maximum interest-free repayment period is 50 days, unless otherwise agreed between the card issuer and the applicant, but the maximum interest-free repayment period shall not exceed the maximum interest-free repayment period required by relevant laws and regulations (advance loan) (except cash).