Credit card billing date means that the issuing bank will regularly summarize and settle all the transactions and expenses of your credit card account in the current period every month, calculate the total amount owed and the minimum repayment amount in the current period, and mail the statement for you. This date is your credit card bill.

Example: The billing date of Kayou Credit Card is 1, and the due repayment date is 20th. Card friends1October 5th, 2nd, 23rd, spending by credit card, 165438+. At this time, the bank will collect and settle your fees on February 1 and send a statement by mail or email. At the same time, it should be noted that the billing date of each bank is not the same day. Moreover, for the billing date, some banks also provide the function of modifying the billing date to make your repayment more flexible.

Credit card repayment date

Credit card repayment date refers to the latest date when the issuing bank (or institution) requires the cardholder to repay the amount payable.

For credit card non-cash transactions, the interest-free repayment period is from the bank bookkeeping date to the due repayment date. The interest-free repayment period varies according to the regulations of each bank. The shortest is from the billing date to the final repayment date, and the longest is from the day after the billing date to the final repayment date of next month. If the billing date is 1 day and the final repayment date is 20 days, the shortest is 20 days and the longest is 50 days.

During this period, as long as you pay off the current payable amount on the current statement, you don't have to pay any interest on non-cash transactions (you don't enjoy interest-free discount if you borrow cash in advance).