Under normal circumstances, banks have a grace period for the repayment date of credit cards. As long as they have a few days to pay off their debts after the repayment date, they are not overdue. But after the grace period, all arrears records will be overdue, which will affect personal credit.
Extended data:
Credit card repayment method:
1, full repayment. Before the repayment period stipulated by the bank, pay off the "all repayable amount in this period" shown in the current bill, and enjoy an interest-free period of 20-50 days for full repayment.
2. Minimum repayment amount. Pay off the minimum repayment amount shown in the current bill before the due repayment date stipulated by the bank. If you choose the minimum repayment amount, you will no longer enjoy the interest-free period policy given by the bank and charge a certain amount of interest. According to the total bill this month, the daily interest rate is 0.5 ‰, with compound interest every month.
3. installment repayment: installment repayment is to divide the current bill into multiple installments before the repayment date to reduce the repayment pressure of each installment. It doesn't count as interest, but there is an installment fee, which varies from bank to bank.
4. General banks can be divided into three periods, six periods, 12 periods and 24 periods. The longer the term, the higher the natural handling fee. There are two ways to collect. One is collected in January as an average unit, and the other is collected once in the first period. This way is more beneficial to banks, so most banks are encouraging us to pay by installments.
Baidu Encyclopedia-Credit Card Maturity Repayment Date
Baidu encyclopedia-credit card repayment