Bank bookkeeping date: the date when the card-issuing bank credited the transaction money or fees to the cardholder's account. Due to data transmission through merchants of other banks or UnionPay, the trading day may be inconsistent with the billing date, and the billing date may lag behind.
Bookkeeping date: the date when the bank summarizes the cardholder's transaction principal and expenses. In the monthly settlement cycle, and calculate the interest. Each customer has only one billing date. The billing date of Longka Credit Card is July, 10, 12, 15, 17, 22, 25 and 27 of each month, but for each cardholder, there is only one fixed billing date, which is indicated in the letter attached to the new card and each statement.
Maturity repayment date: the issuing bank stipulates that the last date for the cardholder to repay all the payable amount or the minimum repayment amount is the 20th day after the bill date.
Interest-free repayment period: for consumer transactions, interest-free treatment is provided to cardholders who repay in full on time. The interest-free period is from the trading day of credit card consumption to the repayment date, with a maximum of 50 days and a minimum of 20 days.
Suppose:
The 7th is the bookkeeping day.
If 8/7 spends 2000 yuan, the bill is issued on the same day, and 8/27 is the due repayment date, then you can enjoy the interest-free period of 20 days.
If you spend 2000 yuan on 8/8, the bill will be issued on 9/7, and the repayment date will be on 9/27, so you can enjoy a 50-day interest-free period. Tips: overdraft cash withdrawal transactions do not enjoy interest-free period. If the repayment is not made in full before the due repayment date, the interest will be charged according to the regulations, with a daily interest rate of 0.5 ‰ and monthly compound interest. If the repayment is not made before the due repayment date or the repayment amount is lower than the minimum repayment amount, in addition to interest, a late fee of 5% of the unpaid part of the minimum repayment amount will be charged, with the minimum 5 yuan RMB or US$ 65,438 +0.