ICBC credit card overdraft repayment period

ICBC credit card statement date is the end of the month, which is the last day of the natural month. For example: the billing date in March is March 31st; the billing date in April is April 30th. The repayment due date for ICBC credit cards is the 25th day after the statement date, which is the 25th of the next month.

The interest-free repayment period starts from the bill date to the due repayment date. The longest repayment period for ICBC credit card overdraft is 56 days and the shortest is 26 days. You can enjoy the longest repayment period by swiping your card on the 1st of each month. Interest-free period.

For example: if consumption is made on May 1st, May 31st is the due date for repayment, and June 25th is the final repayment date, the interest-free repayment period will be from May 1st to June 25th (31 days in May plus 25 days in June, totaling 56 days); for consumption on May 31st, that day is the billing day, and June 25th is the due repayment date, so you can enjoy free payment The interest repayment period is from May 31st to June 25th, ***26 days.

How many days do you need to repay an ICBC credit card? You must first understand the two concepts of statement date and repayment date.

The first one is the billing date, which is the date when ICBC settled the consumption last month. Generally speaking, ICBC has the last day of each month. This rule is to facilitate the memory of card users.

The second is the final repayment date, which is the date ICBC stipulates that card users must repay the bill before this date, otherwise it will be regarded as overdue, which will not only accrue interest but also cause bad debts. Using a card to record records is very detrimental to the card user. ICBC generally stipulates that the 25th of each month is the minimum repayment date, but it depends on the actual situation. If you are not sure about the card user, you can call ICBC or check your bill to determine the final repayment date. This is the key to using the card safely.

The repayment time of ICBC credit card can be calculated based on these two concepts. If the card payment is made on the first day after the bill is issued, the repayment period is the longest and can last as long as 56 days. If the card payment is made on the last day of the statement, the repayment period is the shortest, only 25 days.