The closing date is usually the end of the month, which is a process of financial voucher transfer. Generally, the settlement date is not fixed, which is determined by each company. Generally refers to the financial settlement date. Simply put, it is the day when finance gives money to others. Generally speaking, the bank's settlement date refers to the monthly settlement time of the credit card, which calculates the amount you spent or withdrawn in the last cycle and the amount you should repay in this cycle. There is a time difference between the settlement date and the repayment date, which is generally about 20 days. For example, if your checkout date is 25th of each month and the repayment date is 18, then your consumption before 25th of each month is 15 of next month. I spent it on the 25th and will return it next month. For example, if you spent money in 300 yuan on March 19, then the checkout date is 25th, and then you have to repay the money on April 15. If you spend on 26th, the checkout date is April 25th, and the repayment period is May 15, so you can enjoy the interest-free period of 5 1 day. Therefore, the longest interest-free period of general credit cards is the day after the checkout date, and the shortest is the checkout date.
In interest calculation, cash withdrawal is generally a way to enjoy interest-free. At present, bank credit card withdrawals bear interest at a daily rate of five ten thousandths. The calculation method is as follows: the amount multiplied by the daily interest multiplied by the number of days, then your interest is 200*0.05%*30=3 yuan, plus a cash withdrawal fee, which is generally charged at two thousandths, and you need 3.4 yuan in total. So it is calculated according to the actual situation). So you need to repay 203.4 yuan this month (note: some banks may have the lowest cash withdrawal fee, which may be in 2 yuan, and some may have cash withdrawal fees in different places, according to the actual situation). If it is overdue, you need to add a late fee, which is calculated by multiplying the cash withdrawal amount by 5%, which is quite high. If the repayment date is more than one day, the interest will be 200*5%= 10, and the original interest will be 2 13.4 yuan. In addition, the calculation method of the overdue fine for consumption is * 10%* 5% of the consumption amount, and if the consumption is 5000, the overdue fine is 5000 * 10% * 5% =