ICBC credit card overdraft withdrawal has no interest-free repayment period, and there is no handling fee for local overdraft withdrawal. Overdraft interest shall be calculated at the daily interest rate of 0.5 ‰ from the second day of the overdraft trading day.
Second, overdraft consumption.
The interest-free repayment period of ICBC credit card consumption is 25 to 56 days. The due repayment date is the 25th day after the bill date.
The cardholder can repay according to the minimum repayment amount stipulated by the card issuer, and the minimum repayment amount is not less than 10% of the overdraft balance. If the cardholder fails to repay in full before the due repayment date (inclusive), he will not enjoy the interest-free repayment period; The repaid part shall bear interest from the overdraft trading day to the repayment date, and the unpaid part shall continue to bear interest from the overdraft trading day. Overdraft interest is compounded monthly.
Third, the time limit.
ICBC's credit card billing date is unified to the end of the month, which is the last day of the natural month. The interest-free repayment period is from the bookkeeping date to the due repayment date. The longest repayment period of ICBC credit card overdraft is 56 days, and the shortest is 26 days. You can enjoy the longest interest-free period by swiping your card every month 1.
The above are the repayment rules of ICBC credit card after cash withdrawal. All cardholders must use their credit cards correctly as required.
Precautions:
1, credit card withdrawal cannot meet the minimum repayment now. You need to repay the principal+handling fee, as well as the interest generated on the repayment date. If you don't know exactly how much you want to pay back, just pay back according to the amount owed on the bill, and there is no big problem with how much you owe in total.
2. Don't withdraw cash from the credit card too frequently. It doesn't matter much to eat once every 2-3 months. Never withdraw cash every month. It will make banks question the shortage of funds and insufficient repayment ability, which is not conducive to credit card cash withdrawal and new credit cards.
First, when many people apply for loans, they accidentally find that they have no expected bad records, which makes people who think they have no consumption expectations feel puzzled. Upon inquiry, they found that this is their own credit card for many years, and they did not pay the annual fee, resulting in a bad overdue record. In addition, some banks will charge an annual fee even if they have not activated their credit cards.
Second, if the annual fee is overdue, the cardholder should repay it in full as soon as possible and call the issuing bank in time, indicating that you are not maliciously delaying. Pay the annual fee first and consult the bank's bad credit record. If bad records are caused, see if you can cancel the records or ask the bank to handle them further, and apply to the bank for bank staff to coordinate and eliminate bad records. If the complaint is invalid, please ask the bank to issue a non-malicious overdue certificate for you.
Third, apply to the People's Bank of China to eliminate bad records. You need to explain that you have not maliciously defaulted on the annual fee. Need to return the repayment records of annual fee, credit card and ID card. When you know this information, you can apply to the local people's bank immediately, and you will usually receive a reply within 15 working days. If the information is complete, the bad records will be cleared.
Third, the "Regulations on the Administration of Credit Information Industry" stipulates that the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or events; More than 5 years, should be deleted.