1. If it is a quasi-credit card, the maximum overdraft period is 6 days. If it is not returned after 6 days, it will be deemed overdue.

2. If a credit card fails to repay the minimum repayment amount before the due repayment date (inclusive), it will be regarded as overdue, and the overdue will generate corresponding liquidated damages in addition to interest (liquidated damages = unpaid portion of the minimum repayment amount × 5%).

The minimum repayment amount of ICBC's credit card is 1% of the bill amount. After the minimum repayment, the daily interest will be calculated according to the balance of the bill until the principal and interest are paid off. Attention should be paid to the following points about the use of credit cards:

1. For consumption before the billing date of each month, you can enjoy interest-free treatment if you pay off the bill at sunrise of the current month and before the first repayment date after the billing date;

2. The consumption after the billing date of each month can be paid off before the first repayment date after the next month's bill sunrise, and can enjoy interest-free treatment;

3. There is no interest-free period for cash withdrawal by credit card, and there is a handling fee. From the date of cash withdrawal, interest will be calculated at .5 ‰ of the bill amount until all the principal and interest are paid off. Therefore, cash withdrawal by credit card should be repaid as soon as possible.

4. The repayment date of the credit card is the last repayment date. It is ok to repay on any day before, and it can be repaid many times. However, if it is overdue after the repayment date, it may affect personal credit, so it should be repaid in time.

Extended information:

In order to improve the market-oriented mechanism of credit card business, meet the increasingly rich demand of the public for credit card payment, improve the quality of credit card service and promote the healthy and sustainable development of the credit card market, the People's Bank of China recently issued the Notice of the People's Bank of China on Credit Card Business (hereinafter referred to as the Notice), which will take effect on January 1, 217.

ICBC's credit card will spend 4, yuan in the current month (no matter what day it is on the 1st-31st), with no interest before the repayment date on the 25th of the following month.

but it must be repaid in full at maturity. If you want to apply for the minimum repayment (credit card installment repayment), you must bring your ID card and credit card to any local ICBC outlet to apply for installment repayment.

ICBC will not take the initiative to handle the installment repayment business for the cardholder after credit card consumption, but the cardholder must take the initiative to apply (two ways, one is to handle it at the counter of any outlet, and the other is to handle it by telephone at 95588. Reminder: 95588 customer service staff will check whether the consumption record is true! ! )

Reference: Baidu Encyclopedia-Minimum repayment amount