Conclusion: If you wait 5 days after the minimum payment on your credit card bill before repaying it in full, even if you have funds later, the interest charged will depend on whether the repayment time exceeds the grace period.

Usually, credit cards have a grace period, usually 2 to 3 days. If you repay the loan in full within this period, you can continue to enjoy the interest-free period without paying additional interest. However, once this period has passed, even if it exceeds just one day, the bank will treat it as overdue and interest will be calculated from the statement date. For example, if the stipulated repayment date is the 25th of each month, then starting from the consumption date, consumption before the 25th will enjoy an interest-free period, and interest will be paid on and after the 26th.

It is worth noting that the length of the interest-free period varies from bank to bank, and can be up to 56 days. For example, most banks such as Bank of Communications, Industrial and Commercial Bank of China, and Agricultural Bank of China offer this maximum interest-free period. Regarding the specific calculation method of the interest-free period, some banks use a fixed deadline, while others allow the cardholder to set the latest repayment date based on the bill date.

Therefore, if you fail to repay in full within the grace period, be sure to understand your bank's rules to avoid unnecessary interest payments.