There is a settlement date (accounting date). The general settlement date is the 7th to 8th of each month, and the payment date is the 24th to 25th.

For example, if your settlement date is the 8th of each month and the payment date is the 25th, then today is the 20th, and you have spent 10000 yuan. The 8th of next month, that is, March 8th, is your billing date. The total amount is 10000 yuan. You have to pay off 10000 yuan on March 25th, so there is no interest. If 10000 yuan is not paid back on March 25th, but 5000 yuan is paid back, the daily interest will be five thousandths from the 25th. Compound interest calculation.

Is it detailed

Of course, it is also divided into banks, and some banks (CITIC) begin to charge interest by swiping their cards. Have a plenty of 1 month to start collecting. That's what I said.