The billing time of Guangfa Credit Card is 17:00 on the same day. If the merchant settles in time:

1. Consumption before 17:00 on the billing day will be recorded in the current period's bill, and the current period's repayment date will be recorded. It must be paid before;

2. Consumption after 17:00 on the billing day will be recorded in the next period's bill, and must be paid before the next payment date.

Extended information:

When to repay the consumption on the credit card statement date? Each bank has different calculation methods. Some banks credit the account quickly, so the consumption on the statement date It will be included in the current month, such as Ping An Bank and Shanghai Pudong Development Bank, while some banks with slower payment will be included in the next statement day.

When to repay purchases made on the credit card statement date depends on the merchant's settlement time. Generally, merchants make settlements on the next day after cardholders make purchases. In this way, purchases made on the credit card bill date will be included in the next bill and enjoy the longest interest-free period. However, if the merchant settles in time and settles the credit card bill on the same day, purchases made on the bill date will be included in the bill. It will be included in the consumption of this period.

If you consume on the credit card statement date, the time of repayment is also related to the cardholder’s consumption time. In general, consumption before 17:00 in banks is considered as consumption in the current period, and after 17:00, it will be included in the next period. However, for insurance, it is best to consume on the day after the billing date to avoid overdue due to different banks.

Reference materials: Bill date_Baidu Encyclopedia? Online payment for consumption on the same day as Guangfa Bank credit card bill date-Credit Card Network