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What do credit card repayment dates and billing dates mean?

Hello, the billing date is when the card-issuing bank regularly summarizes and settles various transactions and expenses incurred in the cardholder's credit card account every month, calculates interest, and calculates the cardholder's current repayment. The date of payment. Consumption on the billing day will be calculated into the next bill. For details, please show the repayment on the bill. The date on which credit card transactions are recorded in each billing period is called the "Billing Date." The due date for repayment is generally around the 18th day after the bill date (as shown on the bill). The repayment grace period is 3 calendar days after the due payment date.

Different cardholders may have different billing dates. For example, if the billing date is the 25th of each month, then each bill will record all transactions entered from the 26th of the previous month to the 25th of this month. The corresponding final repayment date is the 13th of the following month. Consumption on the 25th is generally not recorded until the 26th, and will be included in the next period's bill.

If you still have questions, please open the China Merchants Bank homepage www.cmbchina.com and click "Online Customer Service" in the upper right corner to enter the consultation.