Many banks offer our credit card holders a three-day grace period. Some cardholders who have applied for credit cards in Guangfa Bank don't know the grace period of Guangfa Credit Card, so is there a three-day grace period after Guangfa Bank's credit card repayment? Let's get to know it together!

Is there a three-day grace period after the credit card repayment of Guangfa Bank?

No, Guangfa Bank does not have a three-day repayment grace period, but only provides cardholders with a one-day repayment grace period. Assuming that the final repayment date is the 4th of each month, the cardholder must pay off the bill by 20:00 on the 5th of that month at the latest. Repayment within the grace period is regarded as timely repayment, which does not generate additional expenses and does not affect the repayment record of the current period. Repayments beyond the grace period will be reported to the central bank for credit information.

(Image from Guangfa Bank WeChat official account)

Therefore, it is suggested that the credit card holders of Guangfa Bank repay the loan on time, so as not to affect their personal credit information beyond the time limit. If the repayment is made within the grace period, in order to ensure that the repayment amount is recorded before the grace period of 20:00, it is suggested that Guangfa credit card holders adopt the repayment methods provided by Guangfa Bank, such as online bank transfer repayment, ATM card transfer repayment, cash repayment at the counter of our business outlets, and mobile bank transfer repayment.

The above is the answer of whether there is a three-day grace period after the credit card repayment of Guangfa Bank. I hope it helps you.