The credit card bill amount means that on the statement day, the bank will send a consumption statement for the previous month to the cardholder. This statement records all the consumption of the cardholder last month, and there will be a current The monthly repayment amount is all the consumer expenditures in the previous month. The current credit card balance refers to the credit card holder’s current available credit limit. That is, the credit limit of your credit card that has not been used. To put it more plainly, it is the limit that can be used for overdraft consumption.

The credit card limit is divided into two types: available limit and cash withdrawal limit:

The available limit is the current limit of overdraft consumption on the credit card, which is equal to the credit limit minus the used limit.

The cash withdrawal limit refers to the current limit of cash advance that can be borrowed by a credit card. The credit card balance displayed on the ATM machine is the cash withdrawal limit, which is the account balance.

Credit card statement date:

It means that the card issuing bank will regularly summarize and settle the various transactions and expenses that occurred in the credit card account every month, and calculate the interest and calculate the total amount of the current period. The amount owed and the minimum payment amount, and a statement will be mailed. This date is the credit card statement date.

Credit card repayment date:

For credit card non-cash transactions, the period from the bank accounting date to the due repayment date is the interest-free repayment period. The interest-free repayment period varies according to the regulations of each bank. The shortest is from the bill date to the last repayment date, and the longest is from the day after the bill date to the last repayment day of the next month. If the bill date is the 1st and the final payment date is the 20th, the minimum is 20 days and the maximum is 50 days.