Hua Xia Bank's credit card (debit card) has a 3-day grace period. If the debt is not paid off 3 days after the last payment date, it will be considered overdue, and the overdue record will be uploaded to the central bank's collection system. letter system.

If the cardholder repays within the 3-day grace period, the bank will regard the repayment as on time. In addition, there is no need to apply for the grace period service. The bank will automatically extend it for the cardholder. If you are temporarily unable to repay the full amount, you can run installment or minimum repayments.

A credit check will be conducted if the credit card is one week overdue. Most banks now have a repayment grace period for credit card holders. As long as the cardholder repays within the grace period, the card-issuing bank will not upload bad records to the credit reporting system. Once the credit card holder is still unable to repay within the grace period or is one week overdue, the card-issuing bank will upload the card holder's overdue repayment record to the central bank's credit investigation.

If the cardholder is overdue, he needs to continue to use the credit card, and then let subsequent good usage records overwrite the previous overdue record. For overdue cardholders, if they continue to use the card and maintain good usage records during the period, the overdue credit record will not be eliminated until 5 years later.

According to the standards of the card-issuing bank, any repayment within the grace period will be regarded as on-time repayment, and there is no need to worry about credit damage. However, if you are unable to repay within the grace period, it will be considered overdue and will affect the cardholder's personal credit report. Once the number of overdue days exceeds the grace period, the cardholder will still be charged overdue penalty interest, and the card-issuing bank will charge interest from the recording date.

However, many banks have a grace period for repayment. If you are late for repayment for less than 3 days, it will generally not have much impact, but it will only matter if you do not overdue too many times in advance.

Analysis

In fact, most banks provide "time difference tolerance" services for cardholders, which is the so-called repayment grace period. However, the specific repayment grace time varies from bank to bank. Some are one day, some are two days, and some are three days. Of course, some banks do not provide this service.

A summary of the repayment grace period of major banks:

1. China Merchants Bank: The repayment grace period is three days, which means that as long as you repay within three days of the final payment date , are not considered overdue and will not affect your credit.

2. CITIC Bank: There is a three-day grace period for repayment. Repayment before 8 pm on the third day after the final payment date is not considered overdue and will not affect your credit.

3. China Construction Bank: There is a three-day grace period for repayment. Repayment before 7 a.m. on the third day after the final repayment date is not considered overdue and will not affect your credit.

4. Guangfa Bank: The repayment grace period is one day. Repayment before 10 a.m. on the first day after the final payment date is not considered overdue and will not affect your credit.

5. Hua Xia Bank: There is a three-day grace period for repayment. Repayment before 7 pm on the third day after the final payment date is not considered overdue and will not affect your credit.

7. China Everbright Bank: The repayment grace period is three days. Repayment before 24:00 on the third day after the final payment date is not considered overdue and will not affect your credit.

8. Shanghai Pudong Development Bank: The repayment grace period is three days. Repayment before 8 pm on the third day after the final payment date is not considered overdue and will not affect your credit.

9. Ping An Bank: The repayment grace period is three days. Repayment before 24:00 on the third day after the final payment date is not considered overdue and will not affect your credit.

10. Citibank: There is a three-day grace period for repayment. Repayment before 24:00 on the third day after the final payment date is not considered overdue and will not affect your credit.

11. Industrial and Commercial Bank of China: No time difference tolerance service is provided and there is no grace period.

Reminder: Although most banks have a grace period for repayment, it is best for everyone to repay the money on time so as not to affect personal credit.

Legal basis: Article 16 of the "Regulations on the Administration of the Credit Reporting Industry" of the State Council stipulates that "the retention period of personal bad information by credit reporting agencies shall be five years from the date of termination of the bad behavior or event. years should be deleted."