If you spend 10000 yuan by credit card on October 4th, then on the billing date of June 5th, 10000 yuan will be charged to the bill of June 10 (specifically, the billing period from September 6th to June 5th,10).
Therefore, the longest interest-free period that cardholders can enjoy is 2 1 day; If 10/0000 yuan is spent by credit card on October 6th, and 10000 yuan exceeds the billing date on October 5th,110000 yuan will be credited to June1/.
If you swipe your card before the billing date, you may enjoy a shorter interest-free period (the closer you swipe your card on the billing date, the shorter the interest-free period); If you swipe your card after the billing date, you may enjoy a longer interest-free period (the closer you swipe your card to the billing date, the longer the interest-free period).
What does the interest-free period of credit cards mean?
For non-cash transactions of credit cards, from the bank bookkeeping date to the repayment date, you don't have to pay any interest on non-cash transactions as long as you pay off all the current payable amount (total amount owed) on the current statement (cash borrowed in advance does not enjoy interest-free discount).
How to calculate the credit card interest?
Credit cards generally have an interest-free period of 30 days, and consumers will not charge interest as long as they pay off their debts during the interest-free period. If the consumer is overdue, the interest is generally calculated at the daily interest rate of 0.05%. If the overdue period exceeds 30 days, some banks will calculate the interest at the daily interest rate of 0. 1%.
If the consumer spends 10000 yuan overdue after using the credit card, the daily interest to be paid is 10000 * 0.05% = 5 yuan, and one month (calculated by 30 days) is 150 yuan. Generally speaking, the interest to be paid is very high, so it is recommended not to overdue it easily.
What are the precautions for using credit cards?
1. Don't disclose personal information to others easily, including your ID number, bank card number and other information, and don't give your bank card and credit card to others for use. If you have any questions and need to report the case, please go to the bank and other financial departments in person or report the case to the local public security organ. Don't call the police according to the phone number provided by the fraud suspect.
2. Pay attention to the safe use of online banking. Install necessary anti-virus and anti-Trojan software and online banking security controls, confirm that you are logging in to the real bank website, do not easily receive strange files, and do not easily use other people's computers to log in to online banking.
3. Be vigilant when using self-service bank. At present, the door of self-service bank has been gradually transformed into a button-open type. When withdrawing money from the self-service bank, if you find suspicious equipment at the entrance and exit of the self-service bank or prompt "Confirm by password", don't swipe your card and enter the password, and report to the bank and the public security organ in time.
4. Pay attention to separate the card from the ID card. In life, many people put their ID cards and bank cards together. Once lost or stolen, the cardholder's funds are likely to be lost.
5. When swiping a credit card, confirm whether it is a UnionPay POS machine. After swiping the card, you have to sign the shopping statement. At the same time, we should also pay attention to whether there are duplicate problems to prevent the returned bank cards from being exchanged. In addition, the signature style should be as consistent as possible with the signature on the card.