At the same time, according to this rule, the interest-free period of CCB credit card is 20-50 days. How to understand it?
Assume that the billing date of each month is 15, and transactions such as credit card consumption and cash withdrawal from 16 to next month 15 are settled on next month 15, forming a billing cycle, and the due repayment date is 20 days after the billing date, that is, the 4th or 5th of the second month (because there are different months).
For example, if you swipe your card between April 16-5/ 15, your bill will be settled on May 15, and June/4 is the due date.
/1 So, swipe your card in April 16, with an interest-free period of 50 days (50 days in April 16-4), swipe your card in April 17, with an interest-free period of 49 days, and so on, swipe your card in May 15, and settle the account on the same day.
To sum up, the closer the bill is to the future accounting date, the longer the interest-free period you can enjoy.