Time tolerance service is the collective name of bank credit card “tolerance service” and “time tolerance service”. "Time-tolerant service" refers to providing cardholders with grace repayment services for a certain period of time. The repayment grace period is more than 3 days from the due date of repayment. If the cardholder repays within the repayment grace period, it shall be regarded as a credit card holder. Cardholders repay on time.

"Tolerance service" means that if the cardholder makes an underpayment during the current period, and after the due repayment, the unpaid portion of the account is less than or equal to a certain amount (at least Equivalent to RMB 10), it shall be regarded as full repayment by the cardholder, and the outstanding amount will be automatically transferred to the next bill.

But note that not all banks provide time tolerance services. For example, Industrial and Commercial Bank of China does not have time tolerance services. Therefore, everyone must first find out whether the credit card they are applying for has this service, so that you can Avoid missing the repayment period and causing overdue payments to affect your credit score.