Repayment on the repayment date is not considered overdue. However, credit card repayments from some banks do not arrive in real time. For example, if a payment is made on the same day but is received the next day, it will also be considered overdue. Therefore, the best thing to do is to make the repayment 2-3 days before the repayment date to avoid overdue repayment due to delayed payment arrival time.

The credit card repayment date is also called the due payment date and the final repayment date. As long as the payment is made on the repayment date, it will be counted as normal repayment and you can enjoy the interest-free discount. At the same time, due to different repayment channels, the credit card repayment arrival time will be different, so most banks give a grace period of 2-3 days, and repayment within the grace period is deemed to be repayment on time.

1. How is credit card overdue calculated?

Transaction date: refers to the day when the transaction is credited to your account after swiping your card.

Bill date: refers to the day when the bank issues a statement

Repayment date: refers to the date written on the bill The "last repayment date"

The minimum repayment amount: The calculation method is 10 of the consumption amount within the credit limit (5 for some banks) 100 of the cash advance transaction amount. The minimum repayment amount in the previous period has not been 100 for the repayment portion, 100 for consumption exceeding the credit limit, and 100 for fees and interest.

Theoretically, if the bank has not received your minimum repayment amount after the final repayment date, it is considered overdue.

In actual operation, based on industry self-discipline conventions, in order to improve the level of humanized service, customers are "time-tolerant", so basically all banks are not aware of the "last repayment date" before they A few days' grace period was given internally. This grace period should theoretically be no less than 3 days. Please consult the corresponding bank for specific circumstances.

2. Will a credit report be filed once it is overdue?

The current system of the People's Bank of China requires reporting on T 1st, which is the "time tolerance" day 1st. However, in practice, because each bank has different progress and different submission cycles, some can do T 1, some require T 2, and some can do T 30.

During this period, if the cardholder is overdue due to some non-subjective reasons, then he should quickly pay the full amount and explain to the bank or provide evidence. Generally, the credit report will not So dirty.

If you are already on the central bank’s credit reporting system, don’t cancel your card right away or stop using it. Continue to swipe your card and keep a good record, and the stain will be slowly eliminated.