The interest-free repayment period for credit cards is 20-50 days, which is the same for every domestic bank.

The calculation method of time depends on the billing date and consumption date, which is not fixed.

For example, the bill date is the 12th and the card consumption date is the 11th, then the interest-free repayment period is within 20 days after the bill date, so the repayment period is only 20 days. If the card consumption date is the 13th, then If the consumption is not credited until the 12th of the next month, the interest-free repayment period is 50 days, that is, the 30 days between the 13th and the 12th of the next month plus the 20 days after the bill date on the 12th of the next month, the total is ** *50 days.

Extended information:

1. Credit card application conditions

1. Card applicants need to be between 18-60 years old and have a certain financial background Basic and good credit history. If the applicant also meets one of the following conditions, additional points can be added to the applicant's credit.

2. The applicant owns real estate or car property in his own name. If the applicant owns real estate or cars in his own name, it is undoubtedly a very good proof of financial ability. Generally speaking, he can also apply for a credit card with a larger limit.

3. Have a high degree of education. If the applicant has a master's degree or a doctoral degree, it is relatively easier to apply for a large credit card than a person with a low degree.

4. Have a stable, high-income job. If the applicant has a stable high-paying job, it is undoubtedly a very good proof of qualifications.

5. If the credit card you want to apply for is issued by your own company’s salary card, it is very easy to apply for a credit card from that bank, and the limit is relatively high.

6. Having local social security or paying housing provident fund for three months or more than six months (different for each bank) can also be used as a condition for applying for a credit card.

2. Notes

The reference factors for credit card application include age, gender, unit, income, position, housing, education, marriage, real estate, car ownership, professional title, credit record, etc. , is the result of comprehensive consideration of the above factors.

3. Credit card overdue

(1) Overdue no more than 20 days

If you have maintained good card usage habits before, occasionally overdue (no more than 20 days ) You can use the following two methods:

1. Repay in full and call the bank to state that the overdue payment is not malicious

After receiving the overdue notice from the bank, call customer service immediately to explain the reason for the overdue payment. , try to get a few days of grace period (time tolerance) so that the bank does not report the credit information to the People's Bank of China, so that it will not affect the personal credit record. If the card has been used in good condition, the bank will usually help the user apply, and the success rate is quite high.

If conditions permit, it is recommended to pay off the credit card debt in full including late fees and interest. Unless you are really financially strapped and unable to repay, you can consider negotiating with the bank to repay it in installments. At the same time, you should call the bank's credit card center to show that you did not overdue the card maliciously.

Starting from July 1, 2013, all banks should provide credit card holders with tolerance and time-tolerance services: if the cardholder owes a debt within 3 days and the amount owed is less than 10 yuan, It should be regarded as on-time repayment, and the bank needs to remind you 3 days before the due date of credit card repayment.

ICBC does not have a time-tolerance repayment policy. Please note that Guangfa Bank can only apply for a time-tolerance policy once a year. China Construction Bank and Citibank do not have a time-tolerance repayment policy.

Although each bank's credit card center provides different standards of time tolerance services, cardholders will still repay the loan in full and on time unless there are special circumstances. Once it is overdue, you will not only have to pay high late fees, but it will also affect your personal credit score.

2. Keep using the card after the due date and maintain a good repayment record

Credit card repayment information will be recorded by the central bank’s credit reporting system on a rolling basis for 24 months. Overdue credit card repayments will cause Bad credit records will be kept in the credit reporting system for two years.

If you cancel this card, the corresponding repayment records will no longer roll over, and your overdue records will be saved for a long time.

After overdue repayment of a credit card, it is best to insist on using the card for more than two years and keep your credit in good condition during the period. This way, you can remove the bad records from the credit system by rolling the records.

(2) Overdue for more than 20 days

If it is overdue for more than 20 days, it is recommended that all cardholders take the initiative to call the bank and repay the loan immediately, as long as the bad records have not been reported to the PBOC. If you contact the credit system, call the bank to explain the reasons, and actively pay off all outstanding debts, the bank will still help you eliminate your bad credit record. For your reference.

(3) The credit report has overdue records

Although the repayment situation two years ago will not be reflected, the overdue payment will be retained for 5 years and will be eliminated after 5 years. If there is an overdue record, there is no other way but to wait for the People's Bank of China to update the credit report information.

Baidu Encyclopedia--credit card due date