Credit card repayment amount refers to the amount of consumption that the user has used MINUS the repayment amount, and the rest is the repayment amount. However, the payable amount does not have to be paid off in full on the billing date, because the payable amount also includes the payable amount generated by installment or minimum repayment amount. As long as the user pays off the minimum repayment amount on the billing date, it is not overdue.

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The minimum repayment amount means that if the cardholder has difficulty in repaying all the payables before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the issuing bank, but he cannot enjoy the interest-free repayment period. The minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. The minimum repayment amount is listed on the current bill.

In fact, the due repayment date is the last day of the interest-free repayment period. Before this, the repayment is interest-free, and interest and late fees will be charged if it is overdue. For each bank, the interest-free repayment period is different. For example, Bank of Communications credit card, the billing date is the 3rd of each month, and the billing due date is1October 28th 20 1 1.3.

After the credit card is spent, you will receive the bank statement on the billing date. There are two quantities, which we should write down. One is the amount payable in this period, and the other is the minimum repayment amount. In fact, this is also a major advantage of credit cards. Once you spend your credit card, which is beyond your repayment range, you can choose the minimum repayment amount, so that your personal credit will not be affected. But that means you can't enjoy the interest-free period any more.

In fact, the due repayment date is the last day of the interest-free repayment period. Before this, the repayment is interest-free, and interest and late fees will be charged if it is overdue. For each bank, the interest-free repayment period is different. For example, Bank of Communications credit card, the billing date is the 3rd of each month, and the billing due date is1October 28th 20 1 1.3.

For credit card non-cash transactions, the interest-free repayment period is from the bank bookkeeping date to the due repayment date. During this period, you don't need to pay any interest on non-cash transactions, provided that you pay off the current payable amount (total amount owed) on the current statement in full (you don't enjoy the interest-free discount on cash advance).