How long before the repayment date should the credit card be paid off?

Generally, the credit card will be cleared on the final repayment day. The time varies, but it is usually after 21:00 . Therefore, it is recommended to repay the loan in advance, such as before 20:00.

Of course, if you really forget, you can repay it the next day. Generally, repayment within 3 days after the final payment date on a credit card is not considered overdue.

The credit card payment due date refers to the last date on which the credit card issuing bank requires the cardholder to repay the amount due. That is to say, after the card-issuing bank issues the bill, you should pay off all the fees you have consumed before the due payment date.

In fact, the repayment due date is the last day of the interest-free repayment period. Repayments before this date are interest-free. Overdue interest and late payment fees will be charged.

For each bank, the interest-free repayment period is different. For example, for a Bank of Communications credit card, the billing date is the 10th of each month. For example, the due payment date for the statement on May 10th is June 4th

The due payment date is also called the last payment date. , if you do not repay in full before the payment due date and do not choose the minimum repayment amount on your credit card, the penalties you may face are:

1. All consumption payments will no longer be eligible for payment. Interest-free repayment treatment, the bank will calculate interest on a daily basis from the day of consumption, using the consumption amount as the principal, with a daily interest rate of 0.05% and compound interest on a monthly basis;

2. Receive the payment from the bank Collection calls and collection letters;

3. Freeze your account and feed back your debt record to the People's Bank of China to record it in your credit file, which will affect your personal credit.

If you really don’t have enough money to repay in full on the due date, please choose the minimum repayment amount on your credit card. In this way, you only need to pay back 10% of the total fee for each installment. , although there is no interest-free repayment period for repayment, it can avoid personal credit damage.

However, there will be a time limit for the final repayment of the credit card in the future.

Grace time refers to the day when the credit card repayment is due. When the cardholder fails to repay on time, the bank will give the cardholder another grace period, usually 3 days.

For example, if the last payment date for a credit card is the 25th of each month, but you forget to repay on the 25th due to your own reasons, or fail to repay for other reasons, postpone it to 3 days and repay before the 28th. , will be regarded as "on-time repayment".

What time is the CCB credit card repayment date on the day?

Before 24:00 on the day.

CCB credit card repayment can be processed before the due date, and the repayment amount can be received by 24:00 on the repayment date at the latest, which will not affect your credit.

China Construction Bank also provides credit card repayment grace period service. No application is required for this service, and the time is the third day after the due date of repayment. If you repay within the repayment grace period, CCB will treat it as on-time repayment. If the repayment is not successful on the day due to transfer time differences and other reasons, please ensure that the repayment amount is received before 7:00 am on the third day after the due payment date, and it will still be regarded as normal repayment.

Extended information

Calculation of interest-free period for China Construction Bank credit card:

If you use a credit card for consumption, as long as all the repayments are shown on the bill before the due payment date If you repay the balance in full, you will enjoy interest-free consumption, and the interest-free period ranges from 17 to 52 days. Due to the fixed repayment date, it varies slightly from month to month.

Calculation example:

Assume that Mr. Li’s bill date is the 7th of each month, and the repayment due date is the 27th of each month.

1. If Mr. Li makes a purchase on April 8 and it is credited to his account on the same day, the due date for repayment is May 27, and the interest-free period for this purchase is 50 days (4/8-5/ 27);

2. If Mr. Li makes a purchase on April 18 and it is credited to his account on the same day, the due date for repayment is May 27, and the interest-free period for this purchase is 40 days (4/18 -5/27);

3. If Mr. Li makes a purchase on May 7 and it is credited to his account on the same day, the due date for repayment is May 27, and the interest-free period for this purchase is 20 days ( 5/7-5/27).