Which banks’ credit cards have a 56-day interest-free period?

The credit cards of Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of Communications, UnionPay Business Card, and China Guangfa Bank have a 56-day interest-free period.

ICBC: The minimum interest-free period is 25 days and the maximum is 56 days.

Agricultural Bank of China: The maximum interest-free period for credit cards is 56 days.

Bank of Communications: The minimum interest-free period is 25 days and the maximum is 56 days.

The longest interest-free repayment period for UnionPay business cards is 56 days.

Guangfa Bank: The longest interest-free period is 50 to 65 days, of which the interest-free repayment period for Standard Card/Hope Card/Guardian Angel Card/Guardian Pioneer Card is up to 56 days.

Credit cards, also called 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 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 appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant 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 , cash deposit and withdrawal and other full or partial functions of the electronic payment card. 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.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front and the name of the cardholder on the back. There are chips, magnetic strips, and signature strips. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

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 so-called credit card generally refers to a credit card only.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

Which bank offers interest-free installment plans for iPhones? Mainly these three

Apple mobile phones are purchased by many people in installments because of their high prices, but installments mostly require interest or handling fees, which is not suitable for consumers who only need short-term installments to solve their financial problems. Say, it might not be worth it. So, is there any bank that can provide interest-free installments for iPhones? Or it can be interest-free for a short period of time, so that consumers can buy Apple mobile phones without any worries.

Which bank offers interest-free installment plans for iPhones?

According to Apple’s official website, there are currently three cooperative banks that support interest-free installments for iPhones:

1. China Merchants Bank

Supports 1 Month, 3 months, 6 months, 12 months, 24 months*** 5 types of installments are interest-free, that is, there is no installment interest for up to 2 years of installments;

2. China Construction The bank also supports 5 installments of 1 month, 3 months, 6 months, 12 months, and 24 months, and the payment can be interest-free for up to 2 years;

3. Industrial and Commercial Bank of China

It can be paid in installments of 3 months, 6 months, 12 months, or 24 months, with the shortest installment being 3 months and the longest installment being 2 years, interest-free.

Note: The interest-free installments for Apple mobile phones of these three banks require the use of credit cards of each bank to complete the payment. Deposit cards of each bank are not currently supported for installment payment, and the minimum installment limit is 1,000 yuan.

If you have not applied for a credit card from the above three banks, you can choose Huabei Installment, which is also an interest-free installment partner for Apple mobile phones. It can be divided into 3 months, 6 months and 12 months. Three types of interest-free installments, which are interest-free for up to 12 months.

To complete the purchase of Apple mobile phones in the official website store, choose the installment credit card of the corresponding bank or Huabei installment, complete the payment, and the order will be shipped. For future monthly repayments, you can check the mobile bank reconciliation or Alipay Huabei bill. .

The above is the relevant content about "Which bank offers interest-free installment for Apple mobile phones", I hope it can be helpful to you.

Interest-free installment for credit card?

If the credit card is interest-free in installments, it means that interest is waived, but in fact the user still needs to pay the installment fee. If Huabei, Baitiao and other products provide interest-free installment services, it means there is no installment fee. Therefore, credit cards are different from online loan products. Interest and handling fees are not the same concept. Overdue credit cards, minimum repayments or cash withdrawals will incur corresponding interest, which generally cannot be deducted. [Extended information] Installment payment is mostly used for product transactions with long production cycles and high costs. Such as the export of complete sets of equipment, large vehicles, heavy machinery and equipment, etc. The method of installment payment is that after the import and export contract is signed, the importer pays a small amount of payment to the exporter as a deposit, and the remaining payment is paid in installments after part or all of the product is produced and shipped, or when the goods arrive for installation, commissioning, investment, or the expiration of the warranty period. 1. Market meaning Installment payment is actually a loan provided by the seller to the buyer. The buyer is the creditor and the buyer is the debtor. Buyers only need to pay a small amount of the price to get the goods or services they need. But because interest is included in future installments, you'll pay more for the same goods or services in installments than in a lump sum. 2. Behavioral characteristics Installment payment on the one hand allows sellers to complete promotional activities, on the other hand it also provides convenience for buyers. The method of installment payment is that after the import and export contract is signed, the importer pays a small amount of payment to the exporter as a deposit, and the remaining payment is paid in installments after part or all of the product is produced and shipped, or when the goods arrive for installation, commissioning, investment, or the expiration of the warranty period. The buyer and seller sign a contract at the time of transaction, whereby the buyer pays the seller in installments over a certain period of time for the goods and services purchased. The date and amount of each payment are stated in the contract in advance. , corresponding interest will be generated and generally cannot be deducted.

The interest-free period of each bank's credit card

The interest-free repayment period refers to the interest-free period from the bank's accounting date to the due repayment date. There are two ways to set the interest-free period. One is that the bank clearly stipulates a certain day of each month as the interest-free repayment deadline. The interest-free period is the date between the bank’s accounting date and the deadline; the other is that the card holder People choose a billing date according to their needs, and then set the latest repayment date based on the billing date. Then the interest-free period is the date between the bank accounting date and the latest repayment date.

1. Bank of China

The longest interest-free period for Bank of China credit cards is 50 days, and the repayment date is 20 days after the bill date. The bill date is fixed, and the repayment date is not fixed (divided) Big and small months). The billing date of a Bank of China credit card can be adjusted once every calendar year, provided that the bill must be paid off in full.

2. Agricultural Bank of China

The longest interest-free period for Agricultural Bank of China credit cards is 56 days, and the repayment date is 25 days after the statement date. The repayment date is not fixed (divided into small and large months). The billing date is given by the system and cannot be adjusted.

3. Industrial and Commercial Bank of China

The longest interest-free period for ICBC credit cards is 56 days, and the repayment date is 23 days after the statement date (a 30-day month is used to calculate the repayment date). fixed. The billing date can be adjusted once a year, and can be adjusted by phone or ICBC app.

4. China Construction Bank

The longest interest-free period for CCB credit cards is 50 days, and the repayment date is 20 days after the bill date. The repayment date is now fixed, and it lasts for one year. You can modify the billing date once. If the billing date changes, the repayment date will change accordingly.

5. Bank of Communications

The longest interest-free period for Bank of Communications credit cards is 56 days, and the repayment date is 24 days after the bill date. The repayment date is fixed and will not change with the month. The billing date can be adjusted, but it can only be adjusted once within the validity period of the card.

6. China Merchants Bank

The longest interest-free period for China Merchants Bank credit cards is 50 days, and the repayment date is 18 days after the statement date (any excess is calculated as 30 days). China Merchants Bank's credit card swipes and repayments are not credited until the next day. If you need to pay attention, it is best to make the repayment one day in advance.

In addition, the billing date of China Merchants Bank can be adjusted, but it cannot be adjusted again within six months after a single adjustment.

7. China Guangfa Bank

The longest interest-free period for Guangfa Credit Card is 50 days, and the repayment date is 20 days after the statement date (counted as 31 days if it spans a month), such as the 21st It's the billing day, and the repayment date is the 9th of the following month. GF’s platinum card allows you to adjust the billing date once a year. Ordinary credit cards cannot be adjusted.

8. China CITIC Bank

The maximum billing date for CITIC credit card is 50 days, and the repayment date is not fixed and is 19 days after the billing date. The CITIC Bank credit card statement date can only be modified once every six months. The modification range must be from 1 to 20 (inclusive) and should not be more than 8 days before or after the original statement date. The modification will take effect the following month.

9. The maximum interest-free period for Industrial Bank Industrial Credit Card is 50 days, and the repayment date is not fixed and is 20 days after the bill date. The billing date can be adjusted twice a year.

10. Ping An Bank

The longest interest-free period for Ping An Bank credit cards is 50 days, and the repayment date is fixed, which is 18 days after the bill date, and will not change with the month. The billing date can be adjusted, and the adjustment interval is half a year.

This concludes the introduction to interest-free installment credit cards and credit card interest-free installments. Have you found the information you need?