If the billing date is 13, take 30 days in a month as an example, and the 8th of the following month is the repayment date of this period, because the repayment date of ABC's credit card is 25 days after the billing date. And on the repayment date, the cardholder can repay in full and on time, and the consumption can enjoy interest-free.

Data expansion

Example of interest calculation by credit card of Agricultural Bank:

The cardholder's card billing date is 10 day per month, and the 25th day after the billing date is the due repayment date. If the cardholder overdraws 1 1000 yuan on March, the current bill date is April10, and the interest-free repayment period is the due repayment date of the bill in April, that is, May 5. Cardholders enjoy different interest-free situations, and the repayment time is different.

(1) If the cardholder repays the loan before May 5, he can enjoy the interest-free repayment period, and only needs to repay the principal 1 1,000 yuan.

(2) If the cardholder repays after May 5th (for example, May 9th), he will not enjoy the interest-free repayment period, and the total principal and interest to be repaid will be 1029.5 yuan (1000+1000 * 0.0005 * 59 =1029.5).

(3) If the cardholder repays part of the arrears before May 5 and the rest after May 5 (for example, 400 yuan will be repaid on April 15 and the rest will be repaid on May 9), the total principal and interest must be repaid 1024.7 yuan. ( 1000+ 1000*0.0005*35+600*0.0005*24= 1024.7)。

Agricultural Bank Network-Charge Standard