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What does the last repayment date of credit card mean?
The last repayment date, also known as the due repayment date, refers to the latest date agreed by the bank and the cardholder to return all the payable amount or the minimum repayment amount in the current period. The final repayment date has been adjusted on the original basis, corresponding to the bookkeeping date. At present, ICBC has 20 repayment dates, namely 1- 19 and 25. ICBC cardholders can choose a suitable repayment date according to their own preferences, but they can only adjust it once a year.

Take ICBC as an example: the minimum repayment amount of China Industrial and Commercial Bank's credit card

The minimum repayment amount of China Industrial and Commercial Bank's credit card refers to the minimum repayment amount that credit card holders should pay before the due repayment date (inclusive). The calculation formula is:

Minimum repayment amount = the unpaid part of the minimum repayment amount of the previous bill+the amount owed by the current bill x 10%, except in special circumstances.

For example, the cardholder's consumption in this bill month is 20,000 RMB, and the minimum repayment amount of the last bill has been paid, so the minimum repayment amount is 20,000 RMB */kloc-0.0%, that is, 2,000 RMB.