There is a noteworthy policy regarding the repayment period of CCB credit cards. CCB provides cardholders with a grace period for repayment. This grace period defaults to the third day after the due date of the credit card repayment. This means that as long as you complete the repayment within the grace period, even if it is later than the stipulated repayment date, the bank will consider you to have repaid on time. However, please note that due to transfer time differences and other factors, the repayment on the day may not be received. In this case, you need to ensure that the repayment amount is successfully received before 7:00 am on the third day of the grace period, otherwise it may affect Repayment records.
Liquidated damages may be incurred if full repayment is not completed within the grace period. According to CCB's regulations, if your repayment amount is lower than the minimum repayment amount, the bank will charge a penalty of 5% of the unpaid part, with a minimum of not less than 5 yuan, 1 US dollar or 1 euro (in the currency shown on the bill) allow). Of course, if there are other special terms in the agreement, they will be implemented in accordance with the agreement.
In short, for CCB credit card repayments, it is crucial to grasp the grace period to avoid additional fees due to late repayments. Hopefully the above information will help you better manage your credit card repayment plan.