With a credit card, you can choose to repay in full, or you can choose to pay in installments or the minimum repayment amount. If you repay in full, as long as you pay it off before the next month's payment date, you don't need interest. You only need to pay off the consumption bills of the month. For example, if you spend 1,500 yuan that month, you only need to pay back 1,500 yuan. Installment payments are divided into 3, 6, 12, 24, and 36 installments (different banks have different installment amounts). Installment payments require installment interest, so the principal plus interest must be paid.

Is there any interest for repayment before the bill date?

If the customer only records the principal amount of consumption on the current bill and does not have the outstanding portion of the previous bill, the payment before the bill date will be interest-free. Because credit cards have an interest-free period, as long as they are paid off in full and on time before the repayment date (inclusive), there will be no interest.