How to calculate the overdue time of a credit card

As long as the cardholder fails to return the minimum repayment amount on the credit card repayment date, it can be counted as overdue, but there is usually a three-day grace period after the credit card repayment date. If the cardholder can complete the repayment within the grace period, it is generally not overdue, and the grace period of each bank is different.

whether the credit card is overdue is based on the last repayment date, which can be divided into three situations:

1. Before the end of the last repayment date, the cardholder will pay off all the current bills, which is not overdue and will not generate interest;

2. before the end of the final repayment date, the cardholder will repay the current bill according to the minimum repayment amount, which is not overdue, and interest will be calculated for the unpaid part;

3. before the end of the final repayment date, the cardholder's current bill repayment amount is lower than the minimum repayment amount. Whether it is overdue depends on how the banks stipulate.

Many banks can provide time tolerance service for cardholders. Time tolerance refers to the grace period for repayment. Most banks can provide time tolerance service for 1-3 days, but some banks do not, such as ICBC. Generally speaking, the last entry time of the tolerance period stipulated by each bank is overdue, so it is recommended to take the issuing bank's own repayment channel instead of using a third party to avoid delay in entry.