How to calculate the statement date and repayment date of China Merchants Bank credit card?

China Merchants Bank credit card statement dates are the 5th, 10th, 15th, 17th, 20th and 25th of every month! ! ! Understand the three concepts of "accounting date", "billing date" and "repayment date" on the credit card statement. Generally speaking, the day after the merchant settles the account is the bank's "accounting day". The working day when the bill is sent to you every month is the "bill date", and 18 days after the bill date is the "repayment date". For example, the bill day is the 17th of each month, and the repayment date is the 5th of each month.

Suppose the billing date is the 17th of each month and the repayment date is the 5th of each month. If you settle the bill for overdraft consumption at the mall on May 11th and send the bill on May 17th, then in the end The interest-free repayment date is June 5th, the interest-free period for this transaction is 24 days, and so on. If you consume on the 1st and 16th, then you have to repay on the 5th of the next month. If you consume on the 18th to the 30th, then it will be pushed back one month to repay on July 5th, so it is the most cost-effective The best way is to consume on the 18th, so that you can repay on the 5th of the next month. This will give you the longest interest-free period. This is what banks often claim as the "longest 48-day interest-free repayment period."

China Merchants Bank (ChinaMerchantsBank) is China’s first state-owned joint-stock commercial bank that is fully owned by corporate legal persons, referred to as China Merchants Bank. It was established on April 8, 1987 by China Merchants Group Co., Ltd., a central enterprise based in Hong Kong. Founded, it is the fifth largest bank in mainland China by market capitalization and one of the eight banks and five guarantees for Chinese financial stocks in Hong Kong [1-2].

The head office of China Merchants Bank is located in Futian District, Shenzhen City. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange. On September 8, 2006, China Merchants Bank began a public offering in Hong Kong, issuing approximately 2.2 billion H shares, raising HK$20 billion, and was listed on the Hong Kong Stock Exchange on September 22. Net capital exceeds 290 billion and total assets exceed 4.4 trillion. It has 113 branches and 943 sub-branches in more than 110 cities in mainland China, 1 branch-level specialized institution (Credit Card Center), 1 representative office, 2,330 self-service banks, one branch in Hong Kong (Hong Kong Branch), and one branch in the United States. It has a branch and representative office in New York, a Singapore branch in Singapore, and representative offices in London and Taipei. In addition, it wholly owns CMB Financial Leasing Co., Ltd. and China Merchants Fund Management Co., Ltd. in mainland China, holds 50% equity of China Merchants Cigna Life Insurance Co., Ltd., and wholly owns Wing Lung Bank and CMB International Capital Co., Ltd. in Hong Kong.

China Merchants Bank’s development goal is to become China’s leading retail bank. The all-in-one bank card was launched in July 1995, and China's first online banking all-in-one was launched in September 1999. It has become a widely used online payment tool for many enterprises and e-commerce websites, and has promoted the development of e-commerce in China to a certain extent. [3-4] On April 2, 2015, China Merchants Group Co., Ltd. was planning major events. In order to ensure fair information disclosure, protect the interests of investors, and avoid abnormal fluctuations in the company’s stock price, upon the company’s application, the company’s stock price has been suspended since April 2015. Trading will be suspended from the opening of the market on the 3rd. [5] In August 2016, China Merchants Bank ranked 39th among the "Top 500 Chinese Enterprises 2016".

The bill will be issued a few days after the China Merchants Bank credit card payment

Consumption made on the China Merchants Bank credit card statement date will generally be included in the next month's bill, and you can enjoy an interest-free period of nearly 50 days. In the end, please refer to the actual bill display (except for cash advances).

For example: the credit card statement date of a cardholder is the 1st, and the due date for repayment is the 20th. Cardholders made purchases with their cards on November 5th, 12th, and 30th. At this time, the bank will summarize and settle the user's consumption amount on December 1st.

Since the billing date usually refers to the billing date, the billing data is as of 23:59:59 the night before the billing date. That is, consumption starting at 0 a.m. on the billing day will be included in the next bill.

About the recording of consumption amount on the credit card statement date:

1. Under normal circumstances, the consumption amount on the credit card statement date of China Merchants Bank is calculated into the next statement; for example: the statement date is 1 On the 25th of the month, the consumption on the 25th is generally not recorded until the 26th, and will be included in the next period's bill. That is, the payment will be due on February 23rd.

2. The consumption on the Bank of China credit card statement day will be calculated into the next bill; for example: if the credit card statement date is the 7th, and a purchase is made on July 7, the amount of consumption will be on August 7 To settle the bill, the final payment date is August 27th. Please refer to the bill you receive for specific details.

3. The consumption on the Bank of Communications credit card statement day will be calculated into the next bill; for example: the credit card statement date is the 10th, and a purchase is made on July 10th, the amount of consumption will be on August 10th. To settle the bill, the final payment date is September 5th. Please refer to the bill you receive for specific details.

4. The calculation methods of each bank are different. Some banks with fast payment will be included in the current month, such as Shanghai Pudong Development Bank, while some banks with slower payment will be included in the payment on the next bill day. Such as China Merchants Bank and Bank of Communications. All banks are not uniform. To be on the safe side, it is recommended that the payment be made on the day after the statement date to avoid overdue payment due to different banks.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed.

Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.

The application form is accompanied by a credit card use contract. The applicant authorizes the card issuer or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card issuer's privacy protection policy, etc., and must have an application. A person's autograph.

What are the optional statement dates and repayment dates for China Merchants Bank credit cards?

1. The optional bill dates of China Merchants Bank are: 03, 05, 06, 07, 09, 10, 12, 15, 17, 18, 20, 22, 25, and the corresponding final repayment date Yes: 21, 23, 24, 25, 27, 28, 01, 03, 05, 06, 08, 10, 13;

2. If you need to modify the credit card billing cycle, you can call the China Merchants Bank credit card service hotline 8008205555 (free, limited to landline calls) or 4008205555 (local calls charged)-1-4-9 transfer manual service for you.

Warm reminder:

①After the modification is successful, it will take effect from the next issue and cannot be modified again within half a year;

②If there are multiple cards in the personal account ***Use one statement and statement date;

③Business credit card holders cannot modify the billing period

When is the statement date of China Merchants Bank Credit Card

China Merchants Bank Credit Card Billing date: refers to the date when the card issuer summarizes the cardholder's accumulated unpaid consumption transaction principal, cash withdrawal transaction principal, fees, etc. every month, calculates the interest, and calculates the cardholder's repayment amount.

The bill date of China Merchants Bank credit card can be set to the 5th, 7th, 10th, 12th, 15th, 17th, 22nd and 25th of each month. You can call the China Merchants Bank credit card customer service hotline Modify your billing date.

The bill date of China Merchants Bank credit card can be set to the 5th, 7th, 10th, 12th, 15th, 17th, 22nd and 25th of each month. You can call the China Merchants Bank credit card customer service hotline Modify your billing date.

When are the statement dates and repayment dates for China Merchants Bank credit cards?

The billing date of China Merchants Bank credit card is not fixed. Different cardholders may have different billing dates, and the repayment date is 18 days after the billing date. For example, if the billing date is the 25th of each month, each bill will record all transactions recorded from the 26th of the previous month to the 25th of this month, and the corresponding last repayment date will be the 13th of the following month. Consumption on the 25th is generally not recorded until the 26th, and will be included in the next period's bill. 18 days after the China Merchants Bank credit card statement is the interest-free repayment date.

The interest-free period refers to the period between the bank accounting date and the due repayment date for consumer transactions that can enjoy interest-free treatment when the cardholder repays the entire amount due before the due repayment date (inclusive). If the cardholder has insufficient repayment in the current period, and the unpaid amount does not exceed 10 yuan or 1 US dollar, no additional interest and late payment fees will be charged for consumer transactions that can enjoy interest-free treatment.

Version model: Apple 12iOS4 China Merchants Bank 12.3.5

If it is a China Merchants Bank credit card, if the minimum payment of the bill is not returned in time before the due payment date, late payment fees and interest will be charged , and will affect personal credit. The late payment fee is 5% of the unpaid portion of the minimum repayment amount, with a minimum charge of RMB10 yuan or USD1 yuan. Interest will be charged on all consumption in the current period starting from the recording date (usually the second day after consumption), with a daily interest rate of 0.05% until all is paid off. In order to avoid affecting your personal credit, it is recommended to repay the bill on time. If it is not convenient to pay off the bill in full, please pay at least the minimum repayment amount on time.

The consequences of failure to repay credit card debt:

1. The debtor shall pay additional overdue interest and liquidated damages.

2. The debtor’s personal credit report may have negative records.

3. It may be enforced after being kidnapped.

Legal basis: Article 241 of the "Civil Procedure Law" If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, he shall report the current property and the property one year before the date of receipt of the execution notice. Condition. If the person subject to execution refuses to report or makes a false report, the people may fine or detain the person subject to execution or his legal agent, the principal person in charge of the relevant unit or the directly responsible person according to the seriousness of the case. Article 242 If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, the people have the right to inquire from the relevant units about the deposits, bonds, stocks, fund shares and other property of the person subject to execution. The people have the right to seize, freeze, transfer, and change the value of the property of the person subject to execution according to different circumstances. The property that the people inquire, seize, freeze, transfer, and change value shall not exceed the scope of the obligation of the person subject to execution.

What is the credit card statement date?

1. Guangfa Credit Card statement date: the cardholder’s birthday. Once the billing date is determined, it cannot be changed.

2. Bank of China credit card statement date: 28 days, from 1 to 28.

3. China Merchants Bank credit card statement date: can be set to the 5th, 7th, 10th, 12th, 15th, 17th, 22nd, and 25th of each month. The billing date can be modified through the CMB credit card customer service phone number.

4. Société Générale credit card statement dates: 2nd, 4th, 8th, 11th, 13th, 18th, 21st and 23rd of each month are optional.

5. Bank of Communications credit card statement date: generated by the system. Users can only modify it once during the validity period.

6. CITIC Bank credit card statement date: randomly and automatically generated. The optional range is: No.1-No.20.

7. ICBC credit card statement date: fixed at the end of each month, that is, 30 or 31, and cannot be changed.

8. CCB credit card statement dates: Currently available statement dates include the 2nd, 5th, 7th, 10th, 12th, 13th, 15th, 17th, 19th, 22nd, 23rd, 24th, 25th, 26th, 27th.

9. Minsheng Bank credit card statement dates: 1st, 3rd, 6th, 9th, 13th, 16th, 21st, 26th and 28th of each month. The billing date can be changed once per calendar year.

10. On the credit card statement date, the card issuer will regularly summarize and settle all transactions and expenses of the current period on the credit card account every month, calculate interest, calculate the total amount owed and the minimum repayment amount. During the current period, a statement must be mailed; the repayment date refers to the date when the loan must be repaid, otherwise there will be bad records and interest.

11. On the credit card statement date, the card issuer will regularly summarize and settle all transactions and expenses incurred in the credit card account in the current period every month, settle the interest, and calculate the total amount owed and the minimum repayment amount. During the current period, a statement will be mailed; for non-cash transactions, the interest-free repayment period is from the bank account opening date to the due repayment date. The credit card statement date refers to the date of bank settlement, that is, the statement date. The repayment due date refers to the date by which repayment must be made, otherwise bad records and interest will be incurred.

12. Take the Agricultural Bank of China credit card as an example. The repayment date for Agricultural Bank of China credit cards is 25 days after the statement date.

When calculating the repayment date across months, you need to distinguish between big months and small months. For example, the bill date is December 27th and the payment date is January 21st. Card consumption incurred between November 28 and December 27 should be repaid in full or according to the minimum repayment amount before January 21, otherwise it will expire. The bank will charge overdue interest, which will affect your personal credit record. If you swipe your card on the billing day, you can enjoy the shortest interest-free period, which is only 25 days; on the second day of the billing day, you can enjoy the longest interest-free period, which is 55 days.

That’s it for the introduction of the date on which the China Merchants Bank credit card bill will be issued.