How to calculate the repayment date of China Bank's credit card

The due repayment date is 2 days after the billing date. Because the number of days in each month is different, the number of days in February is special. I suggest you arrange the repayment. You can check the credit card bill through China Bank's mobile banking, "China Bank Credit Card" WeChat WeChat official account, Colorful Life APP and online banking. Please refer to the due repayment date shown in the bill as the specific date.

the above contents are for your reference. please refer to the actual business regulations.

How to calculate the repayment date of credit card

There are two ways to calculate the repayment period: the first day of each month is clearly defined as the interest-free period, and the interest-free period is from the consumption date to the expiration date. The cardholder sets a single date and then sets the latest repayment date according to the billing date. The interest-free period is from the consumption date to the final repayment date. The due repayment date of credit card refers to the latest date when the credit card issuing bank requires the cardholder to refund the amount payable. In other words, after issuing the L/C, the issuing bank should pay off all the expenses consumed before the due repayment date. In fact, the due repayment date is the last day of the interest-free repayment period. Prior to this, repayment is interest-free, and overdue interest and late fees will be charged.

the interest-free repayment period of each bank is different. For example, the billing date of ICBC's credit card is the end of each month, that is, the 3th or 31st, and the repayment date is the 25th of next month. Suppose you spend money on the 1st of the current month and repay it on the 25th of next month, you can enjoy an interest-free period of up to 56 days. The repayment date of CCB credit card is 2 days after the bill date. For example, the fifth day of each month is the billing date, and the due repayment date is the 25th of that month.

1. The final repayment date of China Agricultural Bank's credit card is 25th day after the billing date. The final repayment date of China Merchants Bank credit card is 18 days after the billing date, that is, the 5th is the billing date, and the final repayment date is the 23rd of the current month; If the 17th is the billing date, the 5th of next month will be the final repayment date, regardless of month or month. Legal basis: Measures for the Administration of Credit Card Business Article 17 allows cardholders to overdraw within the limits and time limits stipulated in these Measures. The overdraft limit of gold card is 1 yuan, and that of ordinary card is 5 yuan. Article 18 The longest overdraft period of a credit card is 6 days. Article 19 Credit card overdraft interest shall be calculated at .5% of the daily interest within 15 days from the signing date or the bank account opening date, at 1% of the daily interest after 15 days, or at 15% of the daily interest. The daily interest exceeds 3 days or the overdraft amount exceeds the prescribed limit. Overdraft interest is calculated according to the highest interest rate level of the deadline or the highest overdraft amount.

2. Credit card holders must know the billing date and repayment date in order to use their credit cards better. Otherwise, they can use the card. Otherwise, they pay back the money once a month. Because they don't know when the billing date is, they repay and consume before the billing date. They think they have paid the bill. The result is that there is no repayment, resulting in overdue repayment, which is not worth the loss. First: you can repay many times before the repayment date, and then spend it before the repayment date. The amount of multiple repayments is included in the repayment amount and can be directly deducted from the bill amount. For example, you need to pay back 1, yuan on the 22nd, but you paid back 8, yuan several times before the 22nd, and then you spent it, so you only need to pay back 2, yuan on the 22nd. Second: you can spend after the billing date. The consumed part is not included in this bill. You only need to repay on the next repayment date after the next billing date. This time is relatively long, usually about 56 days. Through inquiry, the billing date is 25th of each month, the repayment date is 19th of each month, and the billing service period is 26th of the current month to 25th of the next month. The consumption record is repaid at sunrise on the next bill.

3. It is the 25th of the month. If you spend on the 26th of the current month, the interest-free period is from the 26th of the current month to the 25th of the next month. The time from billing date to repayment date is 24 or 25 days, and the longest interest-free period is 55 days. The billing date is the day when your consumption generates a bill. For example, if your billing date is the 4th day of each month, then the amount you spend after the 4th day of each month excluding the 4th day, that is, after the 5th day, will be billed on the 4th day of next month, and the 2th day after the 4th day of next month will be your last repayment date. That's the 23rd, 24th or 25th, because every month's day is different. It's about those days. There will be some on your credit card bill. If you spend on the 4th of every month, the bill will be generated on the 4th of this month, so your last repayment date is the 23rd and 24th of this month. It is best not to repay on the last repayment date, because sometimes the bank business is busy and other reasons lead to delayed repayment, which will lead to late payment fees and interest. But generally speaking, if you return it on the last repayment date, the bank will not generate late fees and interest. It is based on your repayment date, not the actual receipt.

4. ICBC Credit Card The billing date of ICBC Credit Card is the end of each month, that is, 3th or 31st, and the repayment date is 25th of next month. Suppose you spend money on the 1st of the current month and repay it on the 25th of next month, you can enjoy an interest-free period of up to 56 days. ICBC's billing date and repayment date are fixed, which is superior to other banks. Other banks have no fixed billing date and repayment date. ICBC credit card installment payment is divided into 3, 6, 12, 18 and 24 times. The amount of each installment is the consumption amount divided by the number of installments. The installment fee of ICBC's credit card is the first payment. In short, the repayment date of ICBC's credit card is fixed, that is, the 25th of next month. The repayment date of CCB credit card is 2 days after the bill date. For example, the fifth day of each month is the billing date, and the due repayment date is the 25th of the current month.

how to calculate the repayment date of credit card?

hello, if you hold a China merchants bank credit card, the credit card has a specified billing date and repayment date, and the repayment is periodic. "billing date" refers to the date when the card issuer summarizes the cardholder's accumulated outstanding consumer transaction principal, cash withdrawal transaction principal, expenses, etc. every month, calculates the interest and calculates the amount that the cardholder should repay. "Due repayment date" refers to the latest date when the cardholder should repay all the payable amount or the minimum repayment amount stipulated by the card issuer (the consumption amount can be repaid before the due repayment date, and it can be returned to the credit card before 24 o'clock on the repayment date at the latest). For example, if the 5th of each month is the billing date and the 23rd of each month is the repayment date, the consumption from the 5th of last month to the 4th of this month will be repaid on the 23rd of this month. You can call the credit card to manually confirm the billing statement and repayment date of your credit card.

when is the credit card repayment date

The credit card repayment period is generally 2 or 25 days after the bill date. However, this repayment date is the last repayment date. Even if the consumption amount is not recorded, users can choose to repay in advance. Therefore, the repayment period of the credit card is more about informing the user of the final repayment time, and the user must complete the final repayment on the repayment date.

Extended information:

The repayment time of a credit card can be divided into the following two periods:

Normal repayment time

The normal repayment time of a credit card is from the billing date of the credit card to the final repayment date. The repayment made during this period is normal repayment.

it is recommended to repay the loan two to three days before the repayment date. If the repayment time is too early, the interest-free period given by the bank is used too little, which is not cost-effective;

if the repayment is too late, especially on the repayment date, it is likely to be forgotten because of busy work and other reasons.

or the funds are not received in time, which may cause overdue repayment and form overdue records.

prepayment time

Any repayment before the bookkeeping date belongs to prepayment. If it is not for special reasons, it is recommended not to repay the loan in advance.

some cardholders believe that early repayment will help the bank to increase the quota. In fact, this idea has no factual basis.

the interest-free period given by the bank can be used normally, as long as it is repaid before the repayment date, and there is no need to repay it too early.

a credit card, also known as a credit card, is a credit certificate issued by a commercial bank or credit card company to qualified consumers. It is in the form of a card printed with the name of the issuing bank, the validity period, the serial number and the name of the cardholder. Front and back with magnetic stripe and signature strip. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

The credit card stipulated in the relevant laws of China (Interpretation of the National People's Congress Standing Committee (NPCSC) on Credit Card Regulations) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. On December 1, 217, the Code for Translation and Writing of Business English was officially implemented, stipulating that the standard English name of a CreditCard is Credit Card.

a general credit card is a special plastic card with a length of 85.6mm, a width of 53.98mm and a thickness of 1mm. The front is printed with the issuer's name, expiration date, number and cardholder's name, and the back is provided with a chip, a magnetic stripe and a signature strip. Cardholders can use credit cards to shop, consume and deposit and withdraw cash in special units.

credit card is the repayment date of each month

credit card repayment date, which is generally around the 18th to 25th day after the billing date, and is determined with the billing date. The specific date is different for different banks and different credit cards. For example, China Bank's credit card billing date: 1st to 28th, China Bank's credit card repayment date: 2 days after the billing date is the due repayment date; Billing date of Industrial Bank's credit card: the 2nd, 4th, 8th, 11th, 13th, 18th, 21st and 23rd of each month are optional, and the repayment date of Industrial Bank's credit card is the 2th day from the billing date. ICBC credit card billing date: fixed at the end of each month, that is, 3 or 31, which cannot be changed. ICBC credit card repayment date: fixed at the 25th of the following month.

every cardholder must pay off the bill before the repayment date. if it is not paid off in time, which leads to overdue, then the bank will report the overdue record to the credit information system. In addition, banks will also charge overdue fines and penalty interest. For example, if the credit card of China Merchants Bank is overdue, the late payment fee will be 5% of the unpaid part of the minimum repayment amount, and the penalty interest will be .5%, which is all the consumption in the current period, and it will be collected from the billing date until the cardholder pays it off completely.

billing date: refers to the date when the card issuer summarizes the accumulated outstanding consumer transaction principal, cash withdrawal transaction principal, expenses, etc. of the cardholder every month, calculates the interest, and calculates the payable amount of the cardholder. The credit card billing date of China Everbright Bank is the 1st, 5th, 8th, 15th, 18th, 22nd and 25th of each month. When the credit card of China Everbright Bank is approved, the system automatically generates a billing statement, which cannot be changed after it is generated.

due repayment date: refers to the latest date stipulated by the card issuer that the cardholder should repay all the payable amount or the minimum repayment amount. The final repayment date of Everbright Bank's credit card is 2 days after the bill date; For example, the 7th is the billing date, and the final repayment date is the 27th of the current month.

How to repay the credit card:

First, use online banking to repay the loan. Log in to online banking and select "Credit Card Service" in the transaction toolbar;

2. Carry out "Credit Card Repayment" in the credit card service project, go to the repayment webpage and click "Repayment";

Third, the repayment information will be displayed on the web page, and you can click "OK" after verification.

How is the credit card repayment date calculated?

1

If the billing date is 1 day and the final repayment date is 2 days, the shortest is 2 days and the longest is 5 days. For credit card non-cash transactions, the date from the bank bookkeeping date to the due repayment date is the interest-free repayment period. The interest-free repayment period varies according to the regulations of each bank. The shortest period is from the billing date to the final repayment date, and the longest period is from the day after the billing date to the final repayment date of next month.

the repayment date of a credit card refers to the latest date stipulated by the issuing bank that the cardholder should repay all the repayments or the minimum repayment amount. The due repayment date is the date after the bank generates the bill date, plus the number of interest-free repayment days. The interest-free repayment period varies according to the regulations of each bank. The shortest period is from the billing date to the final repayment date, and the longest period is from the day after the billing date to the final repayment date of next month.

If the credit card is overdue for one or two days, you can immediately call the customer service of the issuing bank and ask for a grace period. Interest and late fees can be exempted and will not have any impact on the credit record. However, if the overdue time is too long, it will affect personal credit history.

if the overdue period is too long and the bank reminder notice is ignored, the credit card account will be frozen by the issuing bank. The record of arrears may be fed back to the personal credit information system of the People's Bank of China, which will affect the cardholder's personal credit record and lead to the cardholder's impermanence in applying for housing mortgage loans.

at the same time, no longer enjoy the interest-free repayment treatment. When the amount owed is small and the overdue time is short, the issuing bank will calculate the interest on a daily basis with the consumption amount as the principal, with a daily interest rate of five ten thousandths and compound interest on a monthly basis; For the unpaid part of the minimum repayment amount, a monthly fine of 5% will be charged. Receive a reminder.

when the overdue time reaches a certain period, the bank will send relevant dunning notice. The consequences of overdue repayment of credit cards are serious, so overdraft consumption should be moderate. Although the biggest feature of credit card is its overdraft function, it actually constitutes a loan relationship between customers and banks. Failure to repay at maturity may not only cause law, but also bear high penalty interest. The most important thing is to form a bad credit record, which will adversely affect future work and life.

Let's stop here for the introduction of how the bank credit card repays.