As long as you spend on the second day of the billing date, you can enjoy the longest repayment time, because the current billing date is the amount spent before the billing date. The amount spent after the billing date will be included in the next billing date. The shortest interest-free period of ICBC is 22 days and the longest is 56 days.

The interest-free period can be calculated by yourself. For example, the accounting date of each month is the 2nd and the repayment date is the 22nd. Then, the credit card swiped by the customer from September 3rd to June 65438+1 October1belongs to the bill of June 65438+1October and must be paid off before June 22nd. If you spend money by credit card on September 4th, your interest-free period is from September 4th to1October 22nd, 10 (interest-free period: 49 days in total), and the interest-free period is the longest.

Another way of saying credit card is that credit card is a non-cash transaction payment method and a simple credit service. Credit cards are generally plastic cards with a length of 85.60 mm, a width of 53.98 mm and a thickness of 65,438+0 mm, which are issued to cardholders by banks or credit card companies according to users' credit and financial resources. Cardholders do not need to pay cash when using credit cards, and make repayment on the checkout date.

Except for some credit cards combined with financial cards, credit cards are different from debit cards and ATM cards, and credit cards will not directly deduct money from users' accounts. 20 12 February, the bank confirmed that the credit card is safer without password, and if it is stolen, it will share the responsibility with the bank. Enjoy an interest-free period of 25-56 days (or 20-50 days). Credit card consumption enjoys an interest-free period, and the bill amount is paid off before the due repayment date, without any cost.

There is no interest-free repayment period for cash withdrawal, and five ten thousandths of daily interest will be charged from the date of cash withdrawal, and the bank will also charge a certain percentage of cash withdrawal fee.

Billing date: the date when the bank summarizes the cardholder's transaction money and related expenses, calculates the corresponding interest and calculates the cardholder's repayment amount in this period;

Repayment date: the latest date agreed by the bank and the cardholder that the credit card holder should repay the current, installment or minimum repayment amount;

Bookkeeping date: the date when the bank records the cardholder's consumption, expenses and interest in the bill according to relevant regulations.

There are three main situations in which credit cards do not enjoy interest-free period:

1. If the repayment is not made in full according to the relevant agreement, the interest-free period will not be enjoyed. In use, if the repayment cannot be made on time for some reasons, the bank will generally charge full interest from the transaction entry date in accordance with relevant regulations, and calculate compound interest;

2. Those who fail to repay the loan on time shall not enjoy interest-free compound interest. In the process of use, if the repayment is overdue on time, the bank will charge full interest according to the regulations and calculate compound interest on a monthly basis;

3. Cash withdrawal through overdraft or overdraft transfer does not enjoy the interest-free period. And if it happens, there will be a high handling fee and corresponding interest, which will be calculated from the entry date and compound interest will be charged monthly.