Whether a credit card has a three-day grace period depends largely on the policy of the issuing bank. Every bank has different rules. Some banks offer credit card customers a grace period for repayment, while others do not.

If the credit card holder's bank fails to provide a grace period, the cardholder must pay the minimum repayment amount of the current bill before the due repayment date (inclusive), otherwise it will be deemed overdue. For banks that provide grace period, credit card customers fail to pay the minimum repayment amount before or after maturity, even if they pay within the grace period, it is not overdue.

However, it should be noted that the grace period of different banks may be different, and not all banks provide a three-day grace period. Some banks only offer 1 day, while others offer 4 to 5 days.

If you are not sure how many days your credit card has a grace period, you can consult the bank.

Do all credit cards have an interest-free period?

Credit cards issued by various banks offer interest-free periods, which can attract some users who don't want to pay interest. By paying attention to the consumption date, users can also effectively extend the interest-free period. Of course, the interest-free period only means that users choose full repayment and minimum repayment, and installment repayment cannot enjoy interest-free period.

Credit card itself is a product that is consumed first and then repaid, so there is a time difference between consumption time and repayment time, which is usually called interest-free period.