What is the general credit card repayment date?

The credit card repayment date is basically 20 or 25 days after the credit card statement date. If the credit card statement date is set, It is the 5th of every month, and 20 days after the credit card bill date is the final credit card repayment date, which is the 25th of the month. Although the monthly repayment date is fixed, the monthly repayment date for each bank's credit card is different. For credit cards from the same bank, the monthly repayment date is also different for everyone. , so each person’s actual repayment date each month must be based on the requirements of the bank that issued the card.

Credit card product types:

According to different card issuers, they can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card. Such cards can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards. Corporate card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal entities.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards.

Ordinary card. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card. A gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

When is the credit card repayment date?

The credit card repayment period is generally 20 or 25 days after the bill date. However, this repayment date is the final repayment date. Even if the consumption amount is not recorded, users can choose to repay in advance. Therefore, the repayment period of a credit card is more about informing the user of the final repayment time, and the user must complete the final repayment on the repayment date.

Extended information:

The repayment time of a credit card can be divided into the following two periods:

Normal repayment time

From the credit card The normal repayment time for a credit card is from the billing date to the final payment date. Repayments made during this period are normal repayments.

It is recommended to repay the loan two to three days before the repayment date. If the repayment time is too early, the interest-free period provided by the bank will be used up too little, which is not cost-effective;

If the repayment time is too late, especially on the repayment date, it is likely to be due to busy work and other reasons. forget.

Or if the funds are not received in time, it may cause overdue repayment and form an overdue record.

Prepayment time

Any repayment before the accounting date is considered early repayment. Unless there are special reasons, it is recommended not to repay the loan early.

Some cardholders believe that early repayment will help banks increase their credit limit. In fact, this idea has no factual basis.

The interest-free period provided by the bank can be used normally, as long as it is repaid before the repayment date, there is no need to repay prematurely.

Credit cards, also known as credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on it. There are magnetic strips and signature strips on the front and back. Consumers holding credit cards can go to specialized commercial service departments for shopping or consumption, and then the bank settles with the merchants and cardholders, and the cardholders can overdraw within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the National People's Congress Standing Committee on Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement, and cash deposits and withdrawals. An electronic payment card with all or part of the functions such as payment. On December 1, 2017, the "Official English Translation and Writing Standards" was officially implemented, stipulating that the standard English name of a credit card is CreditCard.

A general credit card is a special carrier plastic card with a length of 85.60mm, a width of 53.98mm, and a thickness of 1mm. The issuer's name, expiration date, number and cardholder's name are printed on the front, and there are chips, magnetic strips and signature strips on the back. Cardholders can use their credit cards to shop, spend money, and deposit and withdraw cash at designated institutions.

When are credit card repayments

The credit card repayment date is basically 20 or 25 days after the statement date.

If the billing date is set to be the 5th of each month, 20 days after the billing date is the final repayment date of the credit card, which is the 25th of the month.

The amount required to be repaid on the 25th is the expenses incurred before the bill date, and the amount consumed after the bill date will be displayed on the next bill date.

Extended information:

The credit card repayment period is calculated based on the billing date and consumption date of the credit card and is not fixed.

The bank will tell you which day the billing date is when issuing the card, and each bill will also have a billing date.

You can enjoy the longest interest-free repayment period if you consume on the day after the bill date, and you can enjoy the shortest interest-free repayment period if you consume on the day before the bill date. The interest-free repayment period of a credit card ranges from about 20 days to 50 days.

The credit card payment due date refers to the last date on which the credit card issuing bank requires the cardholder to repay the amount due. That is to say, after the card-issuing bank issues the bill, all the charges previously consumed should be paid off before the due repayment date.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit.

It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back.

Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with the merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards as stipulated in the relevant laws of our country refer to electronic payment cards issued by commercial banks or other financial institutions that have all or part of the functions of consumer payment, credit loans, transfer settlement, cash deposits and withdrawals, etc.

On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the specified credit limit.

The credit card generally refers to a credit card.

This is the end of the introduction to the general dates for credit card repayments.